Previously, I identified this minnow as a dog drowning in red flags. Today, Blue Star Capital (BLU) has served up its interims which, as reader A kindly explains, make no sense at all.
How many times will mug punters fall for this? Last Thursday, Verditek (VDTK) shares traded at 1.3p, before soaring to 1.6p the following day. On Monday, there was a contract announced, and they roofed it to 2.5p. Today…
Oh dear, oh dear. This is truly awful, and explains why results normally released in late April, came out today - deadline day. Shield Therapeutics (STX) is in a mess, as I warned so often. Ouzo for me. Cabbage water for those who ignored my explicit warnings and instead, hurled abuse at me.
I shall serve up a more detailed comment on the piss poor full year numbers from Eurasia Mining (EUA) later but it is worth flagging up for Cliff Weight, the laudable ShareSoc supremo, and others the matter of the paid for research published on Eurasia by ACF Research in February 2020.
Versarien (VRS) admitted the need for a bailout placing within the next ten months (and probably much sooner), or it will go bust. With a quick google search, its latest RNS Reach spoof unravels in seconds.
This is a disgrace and if the Oxymorons at AIM regulation “led” by the bogus Sheriff of AIM, Mr Marcus Stuttard, were not such pathetic and spineless pond life they would be banning the devout Christian Matt Lofgran and London’s worst Nomad from playing any further part in life on the AIM sewer.
Full-year results from perennial AIM uber dog, ADM Energy (ADME), are - needless to say - appalling. Huge losses, cash outflows, legal battles, and three bailout placings (one post-period end); but it could get worse. Ooh, yes. The account notes warn explicitly of a hot date with the Fat Lady.
Solar panel producer (if not seller), Verditek (VDTK), has eight days to release its annual results. Given revenues will be the square route of fuck all, there is no excuse for delay. But we all know the reason, and that is why the shares are sliding again today, as they did yesterday.
Before calling his lawyer, the pompous and bombastic arse should remember how, in the early stages of Avanti Communications (AVN), he boasted of fabricating a product demo. Worse was to come, as Williams made tens of millions from dumping shares he ramped ruthlessly, while investors lost everything. Now, he has a new scam: Arqit Quantum (US: ARQQ), listed on Nasdaq. We first covered Arqit, HERE. Its shares were $37.41 on December 3, 2021; now, they are just $5.65. Bring on the lawyers.
A week ago, Dave Richards - CEO of Wandisco (WAND) - was tweeting pictures of himself suited and booted, as well as his Mrs dressed up to the nines, as they headed to the residence of comrade Elizabeth Windsor. Today, he proudly waffles on about 2021 results from Wandisco. Only when you read the notes buried at the bottom, are you reminded of the dire realities. It could go bust, and will inevitably do a bailout placing - but is that enough? This is a train crash, and, rather than serving up nauseatingly misleading statements, Richards should admit to the facts.
