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Results: NNN

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EPIC NNN
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Nanosynth shares sliding again – now off almost 1/3 since it told a £3 million lie 5 weeks ago - 10 weeks to bankruptcy?

On August 26th nanosynth (NNN) LIED to investors claiming it had done a deal which would see it “raise £2.9425 million”. That was a great big fat lie. It will raise nothing like that. Last week it doubled down repeating that lie in its interims and now, facing bankruptcy by Christmas it still refuses to come clean and its shares are tumbling again. Perhaps it is time to start telling the truth as lying sure is not working!

EPIC NNN
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Nanosynth interims – this company is lying & looks to be going bust by Christmas

The bullet points at the top of a RNS release, a financial promotion so something covered by regulation and thus meant to be fair and balanced, are meant to be a summary of what lies buried in the text. There is no mitigation at all about telling a slam dunk lie in a bullet point from explaining deep in the body of a release, where few will read it, why the bullet point is not actually true. And that brings me to half calendar year results from the liars at nanosynth (NNN) and why this lie does matter whatever its rather irritable advisers think.

EPIC NNN
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Nanosynth – as the share price collapses the sheer scale of the 26 August mendacity is exposed

Needless to say, the Oxymorons at AIM Regulation have failed to force serial dog Nanosynth (NNN) to correct the grotesquely misleading RNS of 26 August in which it claimed that a Lanstead death spiral deal meant that it had secured “ a conditional subscription to raise £2,942,500  through the issue of 535,000,000 new ordinary shares of 0.01 pence each in the Company at a price of 0.55 pence per Ordinary Share.” That was a big fat fecking lie and with the shares collapsing to 0.42p, i.e less than they were before the deal was announced and a couple of subsequent ramptastic bullshit RNS’s. Mr Market is waking up and smelling the coffee even if the bogus Sheriff of AIM, Marcus Stuttard, and his colleagues are asleep at the wheel.

EPIC NNN
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Letter to AIM Regulation – You acted on Versarien will you act on nanosynth for the same crime

nanosynth (NNN) has today issued a grotesquely misleading press release which tells investors that it has secured access to almost £3 million in death spiral funding. It has not. It has deceived mugs. Two years ago Versarien (VRS) issued an RNS about a deal with the same death spiral provider which I pushed the Oxymorons at AIM Regulation on, and which they forced loathsome Neill Ricketts and hois motley crew to correct. I have now written to the Oxymorons again…

EPIC NNN
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nanosynth Lanstead death spiral deal – this is Versarien deception all over again

On 23 March 2020 Versarien (VRS) announced a £6 million subscription by death spiral provider Lanstead. Of course, it was nothing of the sort. The proceeds have been a fraction of that and, following pressure from this site, AIM regulation forced Versarien to issue an RNS on April 6 admitting as much. Wind forward to today ands Lanstead and nanosynth (NNN) have engaged in an almost identical deception. Does nobody learn anything?

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