Results: CAMK

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AIM has this morning announced the quiet execution of the fourteenth member of the ShareProphets AIM-China Filthy Forty, Camkids (CAMK). Still on Death Row we have Geong (GNG) which tomorrow will have been without a Nomad for a month so we expect another execution at 7am on Monday. Also scheduled for lethal injection shortly is China Rereun (CHRR) which lost its Nomad 24 days ago, and Vmoto (VMT) is going for a "best interests" delisting. This reads terribly badly for the LSE - and not a single one of the Nomad resignations has been explained.

NEWSFLOW

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Phew, what a scorcher! The heat really was turned up on the ShareProphets AIM-China Filthy Forty over the past two weeks. Last week we had one AIM-execution,  a suspension (and subsequent restoration) as Vmoto (VMT) announced a transaction which we find less than credible (HERE) and results from Jiasen (JSI) which prompted Tom Winnifrith to present us with a choice that he was a banana or Jiasen is a fraud. And JQW (JQW) had its operations suspended by the Chinese authorities for contraventions of advertising and pyramid-selling regulations before releasing less than convincing interims. This week saw fourteen of the Filthy Forty racing to the line to get results filed by close of play Wednesday so as to avoid automatic suspension, two of which added to the overcrowding problem on AIM’s Death Row as their Nomad quit. Here is the ShareProphets  round-up of AIM-China Red Flags served up this past week.

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And it is another kill for the Sheriff and Deputy Sheriff of AIM – China fraud Camkids (CAMK) is now on death row with its shares suspended as Allenby this morning quit as Nomad with immediate effect. The lying tossers at Camkids could not even tell that straight – the RNS stated “Change of adviser”. It meant, the adviser had quit as it finally accepted this was a nailed down slam dunk fraud. It gets worse.

NEWSFLOW

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AIM listed China fraud Camkids (CAMK) effectively admitted that its stated cash was not really there with its ludicrous explanation of how it was set to disappear (HERE) but now let me show you why its reported profits are also 100% made up.

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It seems like ages ago that the then Chairman of the London Stock Exchange, Mr Gibson Smith stared at me disdainfully at the police-state plenum-style AGM and in answer to my question as to whether having AIM was really worth the sweat, given its minimal contribution to Group profits compared to the colossal reputational damage it was wreaking, trotted out some feeble rehearsed platitudes about the importance of the AIM market, the quality of the Nomads, and lack of wholesale fraud in the AIM listed China-based community.

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The deadline is Sunday. All you need to do is supply a suitable caption for the picture below. In honour of Allenby Capital and Cairn Financial which continue to act for patent frauds on the AIM casino we invite you to do your worst. Post in the comments section below.

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Shares in China AIM Casino fraud Camkids (CAMK) should be suspended now. If Nomad Allenby had any decency it would quit at once. The stock is again plunging today (off 16% at 4p) and even the thickest Bulletin Board moron is not buying. So when will the shares be suspended? It is time for a reader poll. Deadline for entries midnight tonight or the suspension time whichever is sooner:

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Earlier today Nigel Somerville and Tom Winnifrith demonstrated quite clearly (HERE) why Camkids (CAMK) has committed accounting fraud and why the statement of yesterday just does not add up. We have been saying that this company is a fraud for months and months and that is now clear to all. Now it is time for Nomad Allenby to show principle and quit on the spot and if it is so desperate for fees that it will not for AIM Regulation to force a suspension. We explain why in this open letter: