Tom Winnifrith Bearcast: correction on Skinbiotherapeutics share sale, an SP Angel insider dealing scandal? And is Opti's Steve O'Hara a liar like Bidstack's Draper?
Say what you like about AIM dog Angus Energy (ANGS) but it has provided us all with a colourful cast of characters during its short and inglorious history on the AIM Casino. Right now, the man at the helm is Lord Lucan but how lucky does he feel in having as his non-executive chairman, a fellow Irish aristocrat Paddy Clanwilliam. Paddy also sits on the audit committee and is paid £68,000 a year for his sterling efforts.
Last night the disgraced dirty tricks specialist PR man Tim Thompson orgnaised a ramptiastic investor evening giving his client Angus Energy (ANGS), run by Lucky Lord Lucan, the chance to meet Bulletin Board Morons. What happened next is bonkers.
Oh dear, oh dear, oh dear. This is a bleak day indeed for the Weald basin, Horse Hill, and all the fools who believed Lyin’ Steve Sanderson and shameless ramper Big Dave Lenigas. The dismal results first thing, from UK Oil & Gas (UKOG) were enough to justify ouzo on my cornflakes at Sheriff of AIM towers but mid morning saw news from Angus Energy (ANGS) and its Brockham site which is disastrous for those who disseds me and believed Lyin’ Steve and Dave. It is the death knell of the shameless and morally repellent, Wield basin (bigger than Saudi Arabia) promote.
Below I bring you three tweets from the great promoter himself, Mr David Lenigas urging folks to buy Angus Anergy (ANGS) shares at up to 14p as recently as six weeks ago. Uh Oh those in his flock of followers who bought into this ramp must be feeling a tad sick today with the shares at just 5.5p after a statement that raises big questions about Paul Vonk, ousted as CEO last week and the matter of material non disclosure.
Where to start? This is laughable unless you are one of those suckered in to buying shares in Angus Energy (ANGS) by the diarrhoea of pre-placing ramp tweets from shameless Big Dave Lenigas. Then it is a bit of a tragedy. Today’s newsflow is hilarious.
Angus Energy (ANGS) shares may or may not be cheap on fundamentals. That debate is for another day. But weighing down on this company is one almighty issue of corporate governance: the lies its founder Jonathan Tidswell-Pretorius told about his dealings with loan provider America 2030 in June 2018 and the cover-up that continues to this day.
Of course David Lenigas is not on the board of Angus Energy (ANGS) and thus had no idea at all that a heavily discounted placing at 9p would be announced today. And thus his aggressive pumping of the stock on twitter last week, as you can see below, is just another remarkable coincidence. Just like this one ahead of the last UK Oil & Gas (UKOG) bailout placing. Big Dave.., an AIM casino leopard who never changes his spots.
Brokerman Dan Levi has again today insisted that Angus Energy (ANGS) is doing a placing. It will clearly have to do one at some stage soon but right now Daniel is being played, as was I last week. I sense market abuse here and once again the name Chris Oil, a man with form when it comes to market abuse and other nonsense, comes to the fore. As a reminder
The leopard does not change its spots. Pumping UK Oil & Gas (UKOG) hard as it was trying to arrange a bailout placing is bad enough. But now we come to Angus Energy (ANGS) another Horse Hill play and one where the CEO has just "been resigned" in disgrace following revelations HERE. But Big Dave has, as you can see below, been pumping its shares hard on twitter. What happens after a Big Dave pump?
After recent revelations here the position of Angus Energy (ANGS) founder and chairman Jonathan Tidswell-Pretorious was untenable and today he has “been resigned” from the board with immediate effect. But Tidswell will remain as a non- Board Operations Director, responsible for progressing all the Company's oil & gas operations while some oafish NED becomes chairman, in name at least. That is what the company says…
On Monday I revealed how Angus Energy (ANGS) boss Jonathan Tidswell-Pretorious had handed over all his shares to America 2030 Limited (or rather LLC) as part of an (undeclared) loan arrangement but that the shysters had sold 10.8 million of those shares without signing documents or giving Tidswell any cash. Now meet Val Sklarov the boss of America 2030 - boy what a hood!
Earlier today I revealed here how Angus Energy (ANGS) boss Jonathan Tidswell appears to have given away 39 million shares as part of an (undeclared) loan deal with America 2030 and how 10.8 million of those shares had already been dumped without Tidswell signing papers or getting his cash. But who is America 2030?.
Only London’s worst Nomad, Roland “fatty” Cornish could have overseen the shambles at Angus Energy (ANGS) exposed earlier today HERE whereby its boss Jonathan Tidswell-Pretorious handed over all his 39 million shares as security on an (undisclosed) before signing paperwork only to find – with no money advanced – that 10.8 million had been flogged. But it gets better. Far better.
It is hard to know whether to laugh or to cry but it seems that the CEO of Angus Energy (ANGS), Jonathan Tidswell-Pretorious seems to have lost a stack of his shareholding in his company and, inadvertently, his range of advisers (led by London’s worst Nomad Beaumont Cornish) have misled investors. What a clusterfuck.
This panel discussion was chaired by our very own Gary Newman and featured Jonathan Tidswell of Angus Energy (ANGS), David Bramhill of Union Jack Oil (UJO) and Richard Hale, assistant to "The Knife" in the City's No 1 oil team round at SP Angel
I have made the point before but do so again that not all death spirals - or alternative structured financings or whatever the MBA phrase is - are the same. Some can actually help the share price. Some really shaft shareholders royally. All are created in a way where the provider cannot lose but some are just usurious. Why, for instance, has Angus Energy (ANGS) agreed to a deal this week with Bergen which ensures that its investors will get so utterly rogered that no amount of lube can ease the pain.
Shares in Angus Energy (ANGS) have plunged by 36% to 17.125p today after news from the Lidsey Field which cannot be described as anything other than disappointing. Hope meets reality. At some stage the same process will see shares in UK Oil & Gas (UKOG) crash. Let's start with Angus.
The BBC Claims that Angus Energy (ANGS) drilled a well at Brockham without planning permission. Angus says this is not the case. For those who have not seen the original report it is below.
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