Pictured below is Lucian Miers entering Bridlington at the weekend after a 30 mile coastal walk from Scarborough. He says that he was "feeling a bit cream crackered!" after 11 hours walking. But on 18 May he will walk 62.5 miles, 100 kilometres to raise money to fight the appalling illness that is Motor Neurone Disease. For a much missed uncle Richard Hobhouse felled by this dreadful disease, I have and I hope that you will also sponsor him HERE.
I start with the election of my local Police & Crime Commissioner then it is onto Advanced Oncotherapy (AVO), Avacta (AVCT), Fletcher King (FLK), Argentex (AGFX)) and finally a story and a call from a Sunday Newspaper. It is so sordid.
Jonathan “kiss of death “ Swann sent a letter demanding a GM at Chill Brands (CHLL) to sack the US chumps Trevor Taylor and Antonio Russo on 16 April. The company said it would consider the request then suspended CEO Callum Summerton on, I suspect for the reasons outline HERE spurious, allegations of insider dealing. So, what about the GM?
Another monthly update from Argo Blockchain (ARB) and, once again, it is the mystery of the dog that barked. They mystery is that there was no bark. There is no ,mention of profits or cashburn. This is still a company that I expect to go to zero next year.
IPO’d at 65p in 2017, shares in Mirriad Advertising (MIRI) are today 1.3p having managed to send more than £70 million of other folks cash to money heaven in its inglorious career. Today comes a bailout placing £6.1 million at just 1.25p which, it is claimed, will drive the company to the sunlit uplands: “This successful placing means we can move forward from our build phase, towards true scale with confidence”. Bollocks, the real reason is about audit sign off on 2023 accounts.
For months there has been a debate about how Invinity Energy (IES) would fill the looming black hole in its balance sheet. Today it has announced that it has raised £56 million at just 23p and may raise another up to £6.6 million in an open offer at the same price. So who called this one right and where next?
Revolution Bars (RBG) says Nightcap (NGHT) has made a number of proposals. we can all make proposals. I refer you to the matter of Britain's most talented actress and chanteuse. I discuss what exactly is going on here.