Share Prophets

Saturday 21 September 2019 | ShareProphets: The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares


Results

FREE Podcast: ShareProphets Radio Edition TEN with Tom Winnifrith and Bear Raider Lucian Miers - who is swimming with no trunks?,

Published 13 hours ago

Just one guest in this week's show, which is sponsored by Yorkville, the bear raider Lucian Miers who has been doing due diligence at the coal face on the cannabis market. We discuss pot stocks and GW Pharma (GWP) in particular, the We Work flop and its macro significance, Versarien (VRS), Sirius (SXX), Tesla (TSLA), Purplebricks (PURP) and Greggs (GRG).If you like this and can't wait seven days for more of the same you should listen to my Bearcast every day.

BCA Marketplace – a tale of all that is wrong with capitalism & yes Neil Woodford is involved

Published 2 days ago

This story is about grubby nepotism, egregious compensation schemes, and aggressive business strategies, with an old-fashioned, car auction house at its heart.  It threads together the microeconomics of executive incentives with the macroeconomics of the credit cycle.

FREE Podcast: ShareProphets Radio Edition NINE with Tom Winnifrith starring Carson Block of Muddy Waters

Published 4 days ago

In this ninth edition of the ShareProphets Radio podcast, sponsored by Yorkville Advisors, in order I  chat to Antony Laiker,a friend despite being my stockbroker, a dinosaur like myself and the boss of AIM listed Vela (VELA). You may need to turn up the violume on his ansswers. Then it is onto Carson Block of Muddy Waters discussing Burford (BUR) and much else in great detail. Carson does not pull his punches and, to my mind, explains convincingly why his latest target will crater.If you like this and can't wait seven days for more of the same you should listen to my Bearcast every day.

Notes from Underground - The World’s Largest 10 Economies in 2030

Published 6 days ago

Right now, we're number seven by GDP in the world economy leaderboard. By 2030, we'll be far down the list and number seven will be taken by Egypt. This is a prevocative prediction for only 11 years.

The most moronic of the morons - cites Cloudtag as a reason to buy Iconic

Published 7 days ago

I despair at the stupidity of some investors. I detailed earlier a series of threatening and frankly idiotic tweets from Iconic (ICON) shareholders to me encouraging me to stop doing my job, with threats and abuse. But one moron stands out for his stupidity.

Iconic shareholders are morons: see you in Court Bitchez

Published 7 days ago

Anyone who owns shares in a company that tells demonstrable porkies, via RNS, is by definition a moron. And, after events this week, that clearly includes shareholders in Iconic Labs (ICON). But they do not like the demonstrable falings of Iconic being pointed out to them and a small band of lunatics have taken to twitter to attack me.

I am sorry but my friend Gary Newman is just plain wrong

Published 9 days ago

Gary Newman is a fine chap and a fine writer who I am delighted to have as a colleague. But I must take him to task for a tweet he sent last night where he is just plain wrong. The subject is i3 Energy (i3E).

Tom Winnifrith Bearcast: That Elon Musk & Tesla are fraudulent lie machines is a FACT so why aren't the shares at Zero?

Published 10 days ago

I reflect on the annoversary of 9/11. I ponder points raised in today's ShareProphets radio show with Carson Block and Anthony Laiker about bull market complacency to fraud. In that vein I use Tesla (TSLA) and the legal case below as a case study. I look at Neil Woodford's latest £12.5 million woes answering reader feedback. I look at Catennae (CTEA), Riverfort Global Opportunities (RGO) and my pal Jim Mellon's Fast Forward (FFWD). I also comment on the latest Burford (BUR) news.

FREE Podcast: ShareProphets Radio Edition EIGHT with Tom Winnifrith, Frisby, Bramhill & Friel

Published 10 days ago

In this eighth edition of the ShareProphets Radio podcast, sponsored by Yorkville Advisors, in order I discuss my guest next week (the biggest name yet on the show) and Burford (BUR) and the more general issue of revenue recognition. I then chat for about an hour to liberatrian comedian, songwriter and singer, Brexit Party activist, gold & bitcoin guru Dominic Frisby. Prepare for a few laughs. Then it is Cathal Friel of Open Orphan (ORPH), where I am a shareholder, and finally David Bramhill of Union Jack Oil (UJO). After that section I discuss nearology with reference to Union Jack, UK Oil & Gas (UKOG) and more generally.  If you like this and can't wait seven days for more of the same you should listen to my Bearcast every day.

Oooh Er Mrs – the comedy shit show continues at Management Resource Solutions ( shares suspended)

Published 14 days ago

AIM Cesspit Posterboy Management Resource Solutions (MRS) served up another dollop of comedy on Friday. On Thursday it had waited until someone had had plenty of time to dump shares with the price tonking, before suspending its shares because of bad news it has known about well before the UK market opened. That news was that Voluntary Administrators had been appointed to 5 Australian subsidiaries. Now we learn more…

Tom Winnifrith Bearcast: something incredibly exciting may happen today I can't reveal just yet

Published 16 days ago

If it happens and when I can tell you I shall. Meanwhile I discuss Malcolm's bonkers views on housebuilding shares and, at length, the dogs that are Tomco (TOM) and Highlands Natural Resources (HNR) with asides on the Dallas TV show, who shot JR and my cousin Jeff's "crime" and the 3DM fraud.

FREE Podcast: ShareProphets Radio Edition SEVEN with Tom Winnifrith - Matt Earl is explosive

Published 18 days ago

In this seventh edition of the ShareProphets Radio podcast sponsored by Turner Pope, this week, in order I discuss why Burford scrutiny is so welcome then interview Matt Earl, the Dark Destroyer, on Avanti (AVN) , Burford (BUR), IQE (IQE), First Derivatives (FDP), Versarien (VRS), Quindell (QPP)) and Kerry Group. After a few more thoughts from me on scrutiny of smaller AIM stocks I interview Steve O'Hara of Optibiotix (OPTI) and then discuss one area where I disagree with him on strategy.  If you like this and can't wait seven days for more of the same you should listen to my Bearcast every day.

Can you help me determine if ShareProphets Radio Show podcasts play better now?

Published 20 days ago

The most common issue that I hear about the ShareProphets Radio Show podcasts is that they start playing, then start playing again. This is because they haven't fully loaded on your browser. I've made a few changes that may help.

Breaking: Rob Terry has now been interviewed twice by SFO – the five Quindell names in line for probable arrest soon

Published 20 days ago

A source acquainted with the Serious Fraud Office Investigation into Quindell (QPP) now known as Watchstone(WTG)  has confirmed that the fraudster in chief Rob Terry has now been interviewed by the Serious Fraud Office twice, the most recent time being in late July.

Sunday Long Reads: Salt King, Why do Chinese like their government, Air Conditioning Trap, Crowdfunding Scam, Unix at 50

Published 20 days ago

Is there anything better than sitting back and reading a well-written article on a lazy Sunday? Every week ShareProphets features some long form journalism that you'll find of interest. Grab your cuppa and enjoy these five articles. 

Breaking: Bear raider Marc Cohodes sued for $25m for alleged defamation during bear raid, papers below

Published 21 days ago

 Bear raider Marc Cohodes is being sued for defamation for tweets he issued during a bear raid according to papers we publish below. Cohodes will no doubt have a good explanation but his accuser Guy Gentile who was a major shareholder in Lannett, the company that Cohodes was raising seems to have a strong case. Those, like Roger Lawson, who demand ever tighter and more draconian restrictions on those of a bearish opinion, should take note.

FREE Podcast: ShareProphets Radio Edition SIX with Tom Winnifrith, Harry Adams of Kefi, resources guru Gary Newman and the world of PC mattresses

Published 24 days ago

In this sixth edition of the ShareProphets Radio podcast sponsored by Riverfort Global Capital, this week, in order I discuss PC nonsense in the world of matresses and also the folly of Nigel Wray and Neil Woodford in this sector, I give Harry Adams of Kefi (KEFI) a right old grilling, I look at the pointless ramping of AIM rubbish via other podcasts and paid for research and then discuss all things resources & other matters with guru Gary Newman. If you like this and can't wait seven days for more of the same you should listen to my Bearcast every day.

Tom Winnifrith Bearcast: Will the FCA investigate whether a Dubai Royal Shaikh Ahmed Bin Dalmook Al Maktoum, is guilty of AIM casino insider dealing

Published 29 days ago

This looks like a doddle to investigate. The stock is ADM Energy (ADME) but will the FCA dare to challenge Shaikh Ahmed Bin Dalmook Al Maktoum or is insider dealing just an offence of you are a nobody? Then I look at the Eddie Stobart (ESL) fraud debacle, the Industrial Heat shambles, Woodford Patient Capital Trust (WPCT), the  Equity Income Fund (which has  today insisted it will look to ungate at Christmas... whatever) the Income Focus Fund (soon to be gated) and what today's news says about the stupidity, arrogance and lack of ethics of Neil Woodford himself. Postscript: His Highness Sheikh Ahmed bin Dalmook bin Juma Al Maktoum is not to be confused with Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Emirates and indeed a very wealthy man. I did confuse him but this is still a Dubai Royal, will the FCA take him on? 

Why Roger Lawson’s gagging proposals would be a disaster for AIM – Tim Baldwin & TXO case study

Published 29 days ago

As you know, Roger Lawson of ShareSoc wants to clean up AIM by, inter alia, forcing websites such as this to remove any article which a company deems defamatory merely on demand, in the way that Bulletin Boards already do. Lawson does not say who would judge when an artiocle could be republished but the implication is that it would be the new regulator he proposes. The case study which shows what utter folly this idea represents is Tim Baldwin and TXO.

Tom Winnifrith Bonus Bearcast for Roger Lawson: your post Burford proposals are largely unwise & would be, largely, counter productive

Published 31 days ago

In the wake of the Muddy waters attack on Burford (BUR) Roger Lawson of ShareSoc has published a detailed set of proposals to tackle what he sees as a big problem as you can see HERE. He makes a couple of suggestions which we can agree on as being utterly sensible. But he fails to grasp that existing laws can deal with other issues, the problem is that they are never implemented. He goes on to make a number of proposals which are naive and would gag websites like this in the extremis making London markets, already a great place for fraudsters and shameless promoters to do business, even more friendly for such folks. They would be a disaster as I explain in detail.

FREE Podcast: ShareProphets Radio Edition FIVE with Tom Winnifrith and a saint and a sinner

Published 32 days ago

In this fifth edition of the ShareProphets Radio podcast sponsored by Riverfort Global Capital, this week, in order I discuss the morality of short selling or writing bearish articles, I interview a saint ( well in stockmarket terms) Malcolm Stacey who though a moral man is highly opininiated and has a tip or two, then I discuss Burford (BUR) then it is part two of the Sam Antar interview in which the king of the fraudsters looks at today's fraudsters, Elon Musk & Tesla, AliBaba, we cover Burford and useless accountants and so much more. Enjoy. If you like this and can't wait seven days for more of the same you should listen to my Bearcast every day.

Avanti to delist its AIM casino shares – shareholders lose 99%, founder makes close to £20m

Published 32 days ago

I was once a believer as shares in the satellite company Avanti Communications (AVN) soared to 800p+. But I saw the light many moons ago. Today they languish at 0.5p as the company has announced that it is to delist from the AIM Casino. For six years this website has been warning about this disaster in waiting now we are 100% vindicated. Are there lessons to be learned? You bet....

Sell First Derivates at £23

Published 34 days ago

I notice that shares in First Derivatives (FDP) have been on the slide since the sad and untimely death of its CEO and founder Brian Conlon on 28th July. My sympathies go to his family and all his many friends. I see that Tom Winnifrith reckons that shares in First Derivatives represent something of a binary bet; either the whole company is acquired by an entity that buys out the 24% held now by Conlon’s estate, or the shares tank when new management come in and start looking at what First Derivatives really is…

Lucian Miers' thoughts on the Burford fiasco

Published 38 days ago

Last week’s saga of Burford Capital (BUR) illustrates well the febrile state of the markets right now and shows how easily ruffled both retail and institutional investors can be in the scandal-prone junior market...

FREE Podcast: ShareProphets Radio Edition FOUR with Tom Winnifrith (and the king of the fraudsters)

Published 39 days ago

In this fourth edition of the ShareProphets Radio podcast sponsored by Riverfort Global Capital, this week, in order I discuss bad convertible loan/death spiral funding looking at the recent RNS from Kefi (KEFI), I interview David Bramhill of Union Jack Oil (UJO) and then bring you part one of two part interview with the greatest living and funniest fraudster Sam Antar of Crazy Eddie's infamy. Enjoy. If you like this and can't wait seven days for more of the same you should listen to my Bearcast every day.

Notes from Underground - Burford runs the length of the leaderboard

Published 41 days ago

Wow. if one excludes ShareProphets radio, Seven out of the top 10 stories were Burford, including the top four. If this stories isn't worth your monthly subscription fee, I don't know what is.  Our number 2 story was a Friday scoop for Tom. The Sunday Times today reports it as big "news"....only two days off the pace at the deadwood press..

Redemptions Watch: Woodford gains from Burford bounce (at least for now) but WPCT breaks new ground and redemptions keep on coming

Published 42 days ago

The Woodford Equity Income Fund put on an impressive 1.61% in NAV per unit yesterday, according to Morningstar, as it benefitted from the bounce by AIM-listed Burford (BUR) in the wake of its defence against the bear attack by Muddy Waters,  but with another bear outfit – Daniel Yu’s Gotham City – due to join the party over the weekend one has to fear for the shares on Monday.

BREAKING: Gotham City set to issue Burford short dossier this weekend

Published 42 days ago

Welcome to the party Daniel Yu and Gotham City, such valuable allies in our takedown of the Quindell (QPP) fraud.

FRC asked to investigate Burford Capital and auditors E&Y over 6 years of accounts - formal enquiry needed

Published 44 days ago

As you know the Financial Reporting Council are big admirers of my work most recently thanking me for nailing First Derivates (FDP) HERE but inter alia, commending me for my work in exposing the Quindell (QPP) fraud HERE. As such I have been in touch asking that the FRC open a full investigation into the accounts of Burford (BUR) which, I believe, require a material restatement.

Redemptions Watch: disaster strikes Neil Woodford (yet again) as Neil fails to do his homework - he should have listened to me!

Published 44 days ago

Oh dear, oh dear, oh dear. So the Muddy Waters report was indeed about AIM-listed Burford Capital which duly crashed by 46% yesterday, to add to the 19% drop on Tuesday, and Neil Woodford’s second biggest stock pick is…er….no longer his second biggest investment. I rather doubt it is in his top ten now. The press, as predicted, has been baying for blood and the queues of gated Woodford Equity Income Fund investors looking to get their money back before any more of it just disappears into thin air will be lengthening. So let’s take a look at the effect of the Burford collapse on the Woodford empire.

IQE – In the dock as the Equities First scandal re-emerges with an incomplete and therefore misleading statement

Published 46 days ago

We have not heard from Equities First Holdings (EFH) for a while, but regular ShareProphets readers may remember the scandal which emerged five years ago whereby directors of AIM companies announced they were buying shares when, if fact, they were selling vast numbers of them to EFH with the right, but not the obligation, to buy them back. Such fine enterprises as Rob Terry fraud Quindell (QPP – now Watchstone), Igas (IGAS, under Andrew “piggy” Austin), Cloudbuy (CBUY), Angle (AGL), Optimal Payments (OPP) and, of course, IQE (IQE) were all dragged in. Well now Drew Nelson, CEO of IQE has done another deal with EFH – and the announcement stinks. Has the company learned nothing from last time, when all of the above companies had to restate and restate again?

Notes from Underground - Are we in a Commodity Super Cycle?

Published 48 days ago

This week is another chart, from Visual Capitalist, on commodity trends, for what it is worth. Are we in a new Supercycle?

Tom Winnifrith Bearcast: On the nature of fraud, the demise of spiv broker SVS, Versarien and other sordid matters

Published 50 days ago

I reflect on two sorts of fraudsters in the news, King conman Rob Terry HERE and chaps at Goals Soccer Centres (GOAL) HERE. I offer a cameo of life here in Greece explaining why the economy is such a joke, discuss Versarien (VRS) its latest news, the kiss of death from Zak Mir HERE, and its valuation and also comment on Optibiotix (OPTI) and the demise of the spivs at SVS Securities

Goals Soccer Centres – the scale of the fraud starts to emerge, staff must surely face jail time

Published 50 days ago

If the Quindell fraudster Rob Terry is, this morning, wondering who his roomie will be when he goes down, perhaps he may be able to discuss accounting fun and games with a member of staff from Goals Soccer Centres (GOAL) which has today fessed up to the scale of its problems as it admits its days on AIM are almost over.

BREAKING – Rob Terry walks away from public life – did the SFO pounce on the Quindell fraudster last week?

Published 50 days ago

 We know that the Serious Fraud Office investigation into the Quindell (QPP) mega fraud is well advanced. Is this a sign that it is about to get really interesting?

Stranger Holdings – not strange but fecking nutso, this company is insolvent

Published 51 days ago

Stranger Holdings ( STHP) is one of the stable of worthless and pointless companies on the Standard List run by Charles Tatnall & James Longley which this website has done so much to expose.  Results out today for the year to March 31 2019 are sheer comedy: related party deals, accounting errors, an abandoned RTO and one that surely will be, a pretence that the company is not insolvent which, of course it is, even a cynical bear would be shocked by this nonsense.

Notes from Underground - Opti, Gold, a Grego short, Woodford, and Atlantic Carbon

Published 55 days ago

You could not dream up a more perfect weekly reader's top five articles than what we got this week.

Tom Winnifrith Bearcast: the fraud, the overpromote & the pointless company

Published 57 days ago

In today's podcast I look at Dev Clever (DEV), Tesla (TSLA), Mothercare (MTC), Versarien (VRS) and Block Energy (BLOE). Enjoy.

BREAKING EXCLUSIVE: New 1 billion Euro short dossier from Gabriel Grego - Italy AIM listed Bio-On

Published 59 days ago

The man who exposed Globo (GBO) and Folli Follie as outright frauds is back with a devestating new dossier on 1 billion Euro capitalised Bio-On which is listed on Italy's AIM market. This looks like a slam dunk zero to me. The dossier from Gabriel and Quintessential Asset Management is below.. as ever we are first with the news....  

The Curse of the Sheriff of AIM – Atlantic Carbon goes bust, it's ouzo time

Published 60 days ago

You may remember how Atlantic Carbon claimed it was worth a fortune based on “analysts reports” produced by SEC indicted crooks and then planned a London listing after Reversing into Peter Shea’s Daniel Stewart.  Mr Shea and former Atlantic Carbon boss Adam Wilson should not have threatened the Sheriff with a fascist lawyer’s letter over at Daniel Stewart. That guaranteed my wall to wall coverage and exposes and now the curse has struck… Atlantic Carbon, as you can see below is worth not $86.8 million but NOTHING. It has gone bust. Crack out the ouzo.

Notes from Underground - Shout it loud, shout it proud

Published 62 days ago

The ShareProphets Radio Show is the most popular item on ShareProphets this week. Which is great, but we want it to go so much farther.

Tom Winnifrith Bearcast: Versarien is not the new Quindell, it is not a fraud but it will end in tears

Published 63 days ago

I start with a look at how well meaning Government intervention in the free market can often have dire economic consequences. then in light of 24 hours of abuse from Neill Rickets and his cultist followers I look at some of the Versarien (VRS) Red flags. 

PWC Leeds office in the soup for a third time – PTSG and the £540k payments to CEO

Published 68 days ago

The other day the Leeds office of PWC was fined heavily and slammed by the FRC for professional negligence in the case of not spotting accounting fraud at Redcentric (RCN). It was the second such notice in two years for PWC Leeds and the office is on a warning. Thus I am sorry to say but it is in the soup again over the massive undeclared payments going, over many years, to the CEO of Premier Technical Services Group (PTSG), Mr Paul Teasdale, which I exposed in full on Saturday HERE. Now here is why PWC is in the soup…

Reader Poll: Which Scumbag sent Tom Winnifrith a lawyer's letter as he carried his Uncle's coffin

Published 71 days ago

It was well publicised that I would be carrying the coffin containing my dear Uncle Chris into a church on Thursday afternoon. The lawyer for one scumbag makes it clear in his letter that he is an avid ShareProphets reader. So which POS opted to send me a lawyer's letter yesterday afternoon? Natch I shall publish it in full and, on the back of such an act, the gloves really are off. But who do you think would be so morally bankrupt to act in this way:

St James House (formerly Boxhill Technologies plc) – still a dog as results show, accounts breach IFRS and mislead big time

Published 72 days ago

Lib Dem grandee Lord Timmy Razzall may have changed the name of Boxhill to St James House (SJH) but this company which has been mired in so much corruption and fraud remains an uninvestable uber dog even by the standards of  the AIM casino. Results earlier this week were covered in bearcast yesterday but perhaps merit further scrutiny. They are shocking, breach IFRS on numerous counts and quite simply aim to decieve. Nomad Allenby should be walking.

Expose: TrakM8 needs to restate results announced yesterday thanks to PWC Screw-up

Published 74 days ago

The critical point about yesterday’s full year numbers from TrakM8 (TRAK) is that they show a company with zero earnings visibility, burning cash and with a drowning in debt balance sheet which is thinner than an Ethiopian super model when it comes to tangible net asset backing. I do not wish to sound like an accosting pedant and geek but there is another issue: auditors PWC Southampton have screwed up and the numbers need to be corrected and re-issued. Let me explain:

Notes from Underground - Nothing to worry about Nothing to worry about.

Published 76 days ago

I'm writing this column from beautiful British Columbia, on Canada's West Coast. You have, of course, heard about the earthquakes in California. You probably didn't hear about the earthquakes, which happened around the same time, in northern British Columbia. That puts yours truly right between the two.

Tom Winnifrith Bearcast: Why banning shorting benefits fraudsters and hurts everyone else

Published 77 days ago

David Lenigas and others seem to think banning shorting is a good idea. Au contraire it would hurt absolutely everyone except fraudsters and shameless promoters. I explain this in full in today's podcast.

David Lenigas talks bollocks and hopes London can become a natural home for fraudsters

Published 78 days ago

The NEX Lobster pot has new owners and comical David "100 billion barrels of oil" Lenigas has welcomed this on the grounds that the new bosses may ban short selling on the lobster pot. Natch this is total bollocks.

Lucian Miers' thoughts on Versarien: the only question is WHEN do the shares collapse?

Published 79 days ago

I see that Versarien (VRS) has finally got rid of Patrick Abbott so that he can devote more time to defending the charges of securities fraud for which he has been indicted. I wrote back in March that his employment demonstrated a huge lack of judgement by CEO Neill Ricketts – as did the failure to disclose the matter at the time. That he should be fired so soon (eight days) after publicly standing by him a second time after further charges were revealed compounds the sense of management incompetence...

Independent Oil and Gas – Harvey expo drill had better work! SELL

Published 80 days ago

Independent Oil and Gas (IOG) has been on a roller coaster of a journey over the last few years, with plenty of highs and lows. Some aspects have been of its own making, such as the unsuccessful appraisal drill of Skipper back in 2016 and some due to external influences like funding by what increasingly looks like a chain of fraudulent financial backers in London and Capital Finance via London Oil and Gas.

Telit – has its broker quit and the company neglected to mention it?

Published 81 days ago

On May 22nd  2019 Telit Communications (TCM) issued an RNS with co broker Berenberg as one of the contacts. From the RNS of June 6 onwards Berenberg’s name has been missing from all releases. So is there, yet again, something that this company, founded by mortgage fraudster and fugitive from justice Uzi Katz, is not telling us?

Patrick Abbott (ex Versarien) in unhinged twitter meltdown against Tom Winnifrith - what sort of company would employ this nutter?

Published 82 days ago

Patrick Abbott clearly does not like the fact that I reveealed and published the fraud charges against him that could see him to a 20 year stretch and which AIM uber-ramp Versarien (VRS)  finally responded to by, eventually bowing to my pressure, and parting company with him last week. Last night he went into a twitter meltdown as you can see below. I ask you what sort of company employs a nutter like this in the first place?

Merlin Entertainment & Superdry: jet-lagged and philosophical

Published 83 days ago

I have spent much of the last few days in California, mostly in Silicon Valley, on the final part of a global research and related tour. And very interesting it was too.  Another time I will maybe share a few of the individual share insights from the company level interactions I had with names such as Tesla (TSLA), Alphabet/Google (GOOGL) and Apple (AAPL), but today's missive is just me starting to tidy up a few loose ends from the UK markets from the last two or three days. 

AIM fraud Origo Partners – hero John Chapman puts the boot in to ex board, crooked advisors, ex Nomad in excruciating detail

Published 84 days ago

Fraud Origo Partners (OPP) is one of the few remaining stocks of our AIM-China Filthy Forty. One might wonder if there is hope given that it is still here but Chairman John Chapman has offered up its FY18 accounts which are truly dreadful (again) and his chairman’s letter is pretty explicit as to why. In short, Origo shows everything that is wrong with AIM: the transfer of wealth from the many (shareholders) to the few. Read it and weep Marcus Stuttard, the head of AIM and Sham Sheriff – this is your system.

A senior accountant looks at Burford Capital

Published 85 days ago

With the added bonus that kiss of death. disgraced fund manager Neil Woodford is a major shareholder, the bears are certainly sniffing around litigation funding giant Burford Capital (BUR). Our own Nigel Somerville expressed his concerns here. One bear (Paddington) has asked if this is the new Quindell (QPP) in terms of revenue recognition. So I asked a former partner of a big 4 accountants to review the 2018 accounts. He notes:

The Sheriff of AIM gets yet another scalp – Patrick Abbott & Versarien: GOTCHA!

Published 86 days ago

The demented Bulletin Board and twitter followers of Versarien (VRS) boss Neill Rickets claimed the court documents I published HERE covering two fraud charges were false. Or that I had the wrong Patrick Abbott. Or that I was just making it all up to please my masters in the global shorting conspiracy.As ever the morons were wrong. Versarien has finally bowed to our pressure and let Abbott, who was only appointed a few months ago, go as head of its US operations.

Notes from Underground - Sell me this pen

Published 90 days ago

I took this picture on the plaza at Kings Cross Station in London last night. What is an immersive experience of 'The Wolf Of Wall Street?' Hell if I know. Maybe you get to crawl across the floor on a 10 year old qualude or get arrested by the actors wearing FBI jackets to the music of Simon and Garfunkel.

Bulletin Board Moron of the Week Contest – Versarien edition

Published 90 days ago

It seems as if Versarien (VRS) owning morons take particularly badly to exposes on how senior execs may be fraudsters and are certainly liars and respond with abuse for the messengers. And thus in honour of these prize poltroons Bulletin Board Moron of the Week is back. Simply post the most moronic comment found on twitter or the LSE, ADVFN or iii asylums in the comments section below. It does not have to be about Versarien but moronic deadwood press Neil Woodford articles by Ali Hussein or Jeff Presstrip are not eligible. The deadline for entries is midnight Saturday and the winner will receive a mythical photo of Julie Meyer filling in a tax return.

Tom Winnifrith Bearcast: Jeremy Hunt's kind words for a fraudster who stole from you and me

Published 92 days ago

I start with a few words on comments from Jeremy Hunt showing why the entire political class deserves an encounter with an asteroid, his contempt for the victims of crime (you and I the taxpayer) and his support for a fraudster. I look at IQE (IQE), Nanoco (NANO), Agronomics (ANIC), Andalas (ADL), Thin Film (another Neil Woodford disaster) and RM2 (RM2). And now I must rush, more tomorrow.

Liar, and alleged fraudster, Patrick Abbott of Versarien - exposed with two new court documents

Published 94 days ago

Last week I revealed that the man who was to take Versarien (VRS) forward in the USA, Patrick Abbott faced two new charges of fraud which could see him going to jail for 20 years and that his lawyer had quit. Abbott, a man whose skills will be "invaluable" to Versarien according to boss Neil Ricketts, responded on twitter saying this was fake news from TW. Oh dear. The indictments are below, Patrick you are a liar.

A Letter to Bobbie Hilliam at Versarien’s Nomad Canaccord

Published 96 days ago

In light of Saturday’s bombshell revelation HERE I have written to the Nomad of Versarien (VRS) suggesting a statement is needed pronto. The letter is below.

Tom Winnifrith Bearcast: Neil Woodford, Luke Johnson and scumbag pond life journalists like Ben Harrington & Ali Hussein

Published 97 days ago

In today's bearcast I look at "lucky" Luke red flags and Patisserie Valerie, Neil Woodford, Babcock (BAB) and sumbag, lying or disingeneous, pond life journalist scum such as Ali Hussein, Sabah Meddings, Jamie Nimmo and the fraudster's fave journo Ben Harrington.

Taptica International – Blinkx did stink, and now…

Published 99 days ago

Shares in Taptica International (TAP) are up smartly today, but still well down on the week. An AGM statement concluded “the strategic rationale for the merger remains strong and in the best interest of shareholders, as such the board remains optimistic in the medium term”. This was after a recent completion of a merger with RhythmOne – the former Blinkx…

Tom Winnifrith Bearcast - IP Group is surely a stonking Woodford short as its next placing looms

Published 100 days ago

In today's bearcast I comment on Quindell fraudster  Rob Terry in light of my earlier artice, I look at the FRC, PWC and Redcentric (RCN), ValiRx (VAL), Plutus Powergen (PPG) and at Neil Woodford and IP Group (IPO) which might be next to unravel as the contagion spreads.

He’s ‘avin’ a giraffe – king fraudster Rob Terry wants to sue Watchstone (Quindell as was) for £14.7m

Published 100 days ago

You could not make this stuff up.  Watchstone (WTG), Quenron as was is trying to sue its founder, the king of the fraudsters, Rob Terry and others for breach of the share purchase agreement entered into by the Company with Mr Terry and others on 28 April 2011 in respect of the sale and purchase of shares in Watchstone Limited. But now Terry is seeking to counterclaim for £14.7 million. His claim is utterly ridiculous but will waste more of Watchstone’s dwindling cash pile.

Julie Meyer - my response to fascist lawyers letter, time for me to go to the North Wales Police

Published 100 days ago

Julie "lingerie on expenses" Meyer's 30th firm of lawyers, Tweeds, sent me a fascist lawyers letter 13 days ago as you can see HERE.  I have ,today, responded. If they were expecting a climbdown they will be disappointed.  My letter to lawyer Peter Mcgrath follows:

The Corruption of the Deadwood Press: The Mail on Sunday, Jim Mellon and Agronomics

Published 103 days ago

Agronomics (ANIC) is an AIM listed firm which knew full well on Friday that it was set to raise £4.5 million at 5p - as against a 5.5p mid. So here is what to do. Leak the story to the fraudsters fave journalist, Ben Harrington, who will give it an utterly misleading write-up in the Mail on Sunday in return for the "scoop." MoS readers fill their boots on Monday and the shares move higher - they are now 6.5p. So Harrington and the Fail on Sunday get another "scoop", the Spiv clients of broker Peterhouse get to flip the stock and thank Peterhouse which earns 5% to pay for the coke and hookers and the company is cashed up.  The only folk who get screwed are readers of the Fail on Sunday who are buying shares on the basis of completely fake news.

Neil Woodford – what of the regulatory response?

Published 104 days ago

With Neil Woodford’s fall from grace following the gating of his equity income fund – which came as no surprise to readers of ShareProphets following our intensive coverage of the last two years. Actually, our first piece discussing Woodford’s woes was way back on 14 April 2015. Take that, the Sunday Times, which is claiming credit for bringing down Neil Woodford because of a piece in March of this year. But now, already, there are calls for changes to the regulatory environment - new rules, new hoops to jump through to prevent this happening all over again.

Fat Bastard Malcolm Graham Wood & the Bulletin Board Morons time to apologise – Frontera Resources officially a zero

Published 106 days ago

Oh dear. All the abuse I got from folks who insisted that I was wrong in calling out the fraud that was Frontera (FRR). All those folks who quoted the whore blogger, fat bastard Malcolm Graham Wood who took undeclared payments from Frontera to say how cheap its shares were. Will the whore blogger apologise to those who believed him? Will the morons apologise to me?  For today IG is paying out on short positions valuing Frontera shares at 0p. Its bust.

Tom Winnifrith Bonus Bearcast: Sam Antar needs to give Diversified Gas & Oil a masterclass

Published 106 days ago

My good mate Sam Antar was, in his Crazy Eddie's fraud prime, a master at dealing with press and analyst critics. Diversified Gas & Oil (DGOC) is not a fraud though its accounts stink to high heaven. The way it has dealt with my legitimate and hard hitting cricism has been amateurish. As I am such a nice guy I explain what Sam would have done.

Watchstone (Quindell as was), a Canadian legal body blow and the £18 million claim it is hiding

Published 106 days ago

In the dismal annual results for calendar 2018 published on May 9 Watchstone (WTG), Quindell (QPP) as was, claimed to go into great detail on the various legal cases it faces thanks to the activities of its former boss, the King of the Fraudsters, Rob Terry. Except it didn’t. On April 11 it suffered a massive blow in a C$30 million (£18 million claim if faces in Canada from Aviva. This it omits to mention in its finals but luckily I can bring you full court documents and a release from Aviva’s lawyers below….

Dear Kent County Council…….

Published 108 days ago

I read in the press that you are very disappointed that Neil Woodford didn’t give you a heads up that his flagship Equity Income Fund was so close to having to gate his find to prevent further redemptions – especially as you were a large holder. You clearly don’t understand how the system works, for taking action on inside information like that would be a criminal offence. There is a way you could have known, though.

Tesla and The Barbershop Quartet

Published 109 days ago

On a recent podcast, @TeslaCharts, a prominent and distinguished member of the Tesla (NASDAQ - TSLA) bear community on twitter known as $TSLAQ, described the ingredients needed for the Tesla phenomenon as the Barbershop Quartet, which I thought aptly describes not just Tesla but the investment climate which we have, until recently, taken for granted...

Sunday Long Reads: Trump v Theresa May, Truffle Fraud, Three secret murders, Peter Max, Esports bubble

Published 111 days ago

Is there anything better than sitting back and reading a well-written article on a lazy Sunday? Every week ShareProphets features some long form journalism that you'll find of interest. Grab your cuppa and enjoy these five articles.   

ShareProphets under DOS attack again, can you guess who is trying to gag us?

Published 111 days ago

Earlier today the ShareProphets website went down as a result of a DOS attack. This was a deliberate cyber crime targeting this website only. We have now put in place counter measures which may make the website slower, until the DOS attack ceases, but keeps it up exposing criminals, fraudsters and liars. This is not the first time we have faced a DOS attack.

And so the fascist - and totally bonkers lawyers letter to Tom Winnifrith is from...we publish in full

Published 112 days ago

I asked you to guess who was so daft and, as you can see HERE, you came up with numerous suggestions all of them wrong. But the sender of this letter below is doubley bonkers...

Tom Winnifrith Bearcast: Brian McDonnell you poisonous & crooked leprechaun I shall see you and your USOP bitchez in Court!

Published 116 days ago

Firstly, we are now at more than 99% of our Rogue Bloggers for Woodlarks target. If you have yet to donate please do so NOW HERE. Next year there are a few changes planned as I discuss. I then discuss my friendship with Richard Poulden and how it affects my writing. Finally Brian McDonnell, the liar and crook who runs the worthless fraud US Oil & Gas (USOP), I am planning a legal and media circus in Dublin to end your career, that of your mentor Liam McGrattan and Niall, Bertie and your other cronies. You want to play ball bitchez?

Sunday Long Reads: Liverpool's Data Success, Con who didn't die, Fake Meat, Brexit Party, Sewage Viruses

Published 118 days ago

Is there anything better than sitting back and reading a well-written article on a lazy Sunday? Every week ShareProphets features some long form journalism that you'll find of interest. Grab your cuppa and enjoy these five articles.   

Accesso shares have more than halved – who is to blame? Natch it is Tom Winnifrith says Roger Lawson who wants me closed down

Published 122 days ago

Shares in Accesso (ACSO) have more than halved so who is to blame? I warned folks on numerous occasions about aggressive accounting, weak cashflows, lack of timely disclosures and hefty boardroom share sales, notably in a detailed piece HERE. And you might have thought that those were all very good reasons why the shares have tanked. Oh no…step forward loyal shareholder Roger Lawson of Sharesoc reporting back on the AGM which he attended.

Notes from Underground: How billionaires prepare for bear markets

Published 125 days ago

I was going to give the Visual Capitalist charts a rest for a few weeks, even though they are popular, because we don't make them ourselves. But I noticed this morning that they are produced in my hometown of Vancouver. So I looked at their site to see if I knew any one who worked there. I don't - but I saw that they literally occupy the old office space of my last business there. If that's not a reason to run another one, I don't know what is.

Fecking YUseless Chocolate Teapots discontinue investigation

Published 128 days ago

Never mind that a £10 million (or thereabouts) black hole was found in the accounts of AIM-listed Yu Group (YU.) and it raised £11.6 million in a placing last year on the back of dodgy accounts, the chocolate teapots at the FCA have discontinued their investigation, according to the company this morning...

Tom Winnifrith Bearcast - Defrauded of £36 by Rentalcar/Europcar and fecking livid

Published 128 days ago

I explain the nature of the fraud and why I am so livid. My anger is compounded by Wrexham Council and its inability to sign roadworks which wasted half an hour of my life. Then I find I agree with David Lenigas on something: can life get any worse? I discuss Argo BlockChain (ARB), PureCircle (PURE), Cabot Energy (VAB), Watchstone (WTG) and Toople (TOOP). Maybe I have a second question for Neil Woodford, will anyone pay £250 for me to ask it? If you are yet to donate to Rogue Bloggers for Woodlarks we are now at £27,000 raised so please chip in HERE.

Winnileaks Special: explosive Singapore Court Docs - MySquar boss Eric Schaer a liar and guilty of theft and fraud

Published 131 days ago

I demonstrated clearly that AIM listed MySquar (MYSQ) was a fraud, founded and run by a lying fraudster Eric Schaer way before it finally folded. The great and the good at AIM Regulation and Nomad SP Angel did nothing about it despite explicit warnings Self important PR fucktard Piers Pottinger stayed on as chairman, standing by his man and ignoring me. PR spawn of Satan Damian McCrystal banked his cheques and carried on spinning. The fraudsters fave journalist  (and ADVFN blogger of the year) Ben Harrington ran bogus stories in the Sunday Papers to get bailout placings away. No-one cared about the lies Schaer told. You guys are the establishment and it is far simpler to bank fat salaries and dismiss me as failed fund manager, pizza restaurant employee, yak, yak yak. Well gents you, 1% er bastards who are complicit in a transfer of welath from the many (shareholders) to the few (yourselves), please now read the Singapore Court Documents below branding Schaer a liar, a thief and a fraud. Read, weep and apologise to the Sheriff of AIM and to investors who have lost everything. You were all warned. You are complicit.

Open Letter to Paul Shackleton: Given the latest massive John Zorbas Alerion lie will you resign as MRS Nomad now?

Published 131 days ago

China fraud specialist Paul Shackleton is trying to restore his soiled reputation and personal finances as head of the Nomad team at Arden. But this is proving hard given the activities of Arden client Management Resource Solutions (MRS). Over the weekend, thanks to Winnileaks, we exposed the biggest lie yet told by Management boss John Zorbas over the dodgy as hell related party nest of snakes £1.32 million acquisition of Alerion. In friendship, I have written to Mr Shackleton asking if Arden will quit as Nomad now and explaining exactly why they must. I have cc’d in AIM Regulation.

Notes from Underground: You oughta be in pictures

Published 132 days ago

I had a good response for reprinting a chart from Visual Capitalist a few weeks ago, so I'll do it again. Today is Movie Franchise Earnings Over the Last 20 Years.

Friday Odd One Out contest – no evidence wretched Tory Johnny Mercer MP wears women’s underwear

Published 133 days ago

That suggestion in Friday’s contest was not the answer I was looking for. Mr Mercer has many failings, not least his despicable part in the Roger Scruton witch hunt, but I bet the ranch that he does not wear women’s underwear. There were a number of suggestions as to who of Amber Rudd MP, Mercer, Simon Hume Kendall and Julie “Lingerie on expenses” Meyer was the odd one out as you can see HERE.

Watchstone ( Quindell as was) writes off all goodwill in the part of the fraud promoted by Gary Lineker

Published 135 days ago

Today sees the publication of quite abysmal results from Watchstone (WTG), the company formerly known as Quindell (QPP). It confirms that the Serious Fraud Office investigation into the former management team led by King fraudster Rob Terry is ongoing but there is also bad news for the jug eared virtue signaller Gary Lineker who trousered £5 million from selling free shares in Quenron as the company he promoted, Ingenie, is going down the pan.

Quindell Fraudster Rob Terry offers you his 2020 sparkling Rose at just £100 a bottle (a 50% "saving")

Published 136 days ago

As the King of the fraudsters, Rob Terry, awaits the next news from the Serious Fraud Office on the Quindell (WPP) fraud he is keeping his hand in with his new venture and its sparkling wine offering, which you can  see below. Okay, Quob Park Premiere Cuvee Rose Millesime 2018 will not be ready for shiping until next year but if you order now this untested plonk will only set you back £100 a bottle rather than £200 the "target price". Just send your cheques to Mr Terry and what could possibly go wrong? Bargain!

Drunken sailor wins Bulletin Board Moron of the week

Published 138 days ago

There a good few great entries in the Bulletin Board Moron of the week contest as you can see HERE. But there has to be a winner of the non existent photo of Julie “lingerie on expenses” Meyer filling in her tax return. Now call this vanity but…

Tom Winnifrith Bearcast: If you back fraud & evil DO NOT donate to Rogue Bloggers for Woodlarks & Woodford talks Brexit cock

Published 138 days ago

I start with Neil Woodford, via the lackies like Jeff Prestridge at the Mail on Sunday talking bollocks on Brexit, the markets and his doomed funds. Then it is onto someone who has given £50 to Rogue Bloggers for Woodlarks. Get in touch you POS and I shall refund you personally as you lie in bed with fraudsters and other scum. If you are not on the side of financial gangsters and wan t to back a good cause please do so HERE

Notes from Underground: We have a new true number one

Published 139 days ago

This column is being compiled in North East Scotland, where for a fine early May bank holiday, ihave brought my winter coat, long underwear, and waterproof boots. Such is spring in Aberdeenshire.

Ferrexpo: A Blooming Buying Opportunity

Published 140 days ago

Normally when a company loses its auditor in a public spat and the non execs start leaving it is a massive red flag and a huge sell signal even after the initial knee jerk falls. Quite often it is the first step to bankruptcy. With this in mind I had a quick look at Ferrexpo(FXPO) over the weekend with a view to shorting it first thing on Monday morning. I ended up buying the stock. Here is why.

Stephen Hope & Outrider hit back at Frontera in US case - court filings below

Published 141 days ago

It really does look like the last days of Frontera Resources (FRR) the formerly AIM listed fraud and purveyor of lies which was so beloved by the Bulletin Board morons. The latest court papers filed by Stephen Hope and Outrider as it battles to seize the assets of the company in lieu of debts on which Frontera has defaulted make for grim reading for promoters such as the whore blogger Malcolm Graham Wood and for the morons on the shareholder list. Read and weep Malcy, this is going to end badly for your boys. 

Cartoons: A Versarien shareholder may be a moron but he's talented & laughs at we bears

Published 143 days ago

Lucian Miers and I are the targets of a takented shareholder in Versarien (VRS). Okay the guy is a moron but his cartoons are good. The hero of each picture is piss taking Neil Ricketts.  The villains are we bears.

Tom Winnifrith Bearcast: a Missing cat and an attempt to shut down this website

Published 143 days ago

It has not been a good day. Firstly the Mrs left a door not fully closed and two cats have become one, Quincey has gone AWOL. Then I had to watch a crazy cat woman Carole Cadwalladr video for the sake of Woodlarks. Finally we have suffered a DOS attack. Someone does not like our exposes of fraud and malpractice. We will not be silenced. As you consider my Cadwalladr suffering please donate to Rogue Bloggers for Woodlarks HERE. In the podcast I cover Neil Woodford, Xeros (XSG), Eight Peaks (8PG), Alien Metals (UFO), African Battery Metals (ABM), Countrywide (CWD), Purplebricks (PURP) and the quoted housebuilders.

Watching & dissecting Carole Cadwalladr’s Brexit TED talk - how I suffer for Woodlarks

Published 144 days ago

A reader says that he will donate £500 to Rogue Bloggers for Woodlarks if I watch and critique a talk by the crazy cat woman Carole Cadwalladr on how the Brexit vote was stolen For Woodlarks I will do anything, even this: please donate HERE. Of course, I knew Carole at Oxford ( same college, year below me) so I know what a fraud she is.

Tom Winnifrith Bearcast: Of fads & Frauds, welcome to crowdfunding

Published 145 days ago

I start with a few words on yesterday's training walk. Suffice to say it was uber grim but i am now fully recovered. More details of that HERE and please donate to the rogue bloggers HERE. Then onto fas and frauds, yes it is crowdfunding, a scandal in the waiting.

Johnny Mercer MP & the mini bond scandal, a useful dupe with a grossly inflated sense of self worth

Published 150 days ago

Let us be clear: Johnny Mercer, the Tory MP is not involved in the London & Capital Finance scandal which we have done so much to expose. But he is personally profiting from what will prove to be the financial scandal of the year, the mini-bond mis-selling affair, and his reaction to criticism of his behaviour is lamentable.

EXPLOSIVE: Management Resource Solutions boss Zorbas submits fraudulent accounts or lies to market – which is it?

Published 154 days ago

Believe it or not AIM PLC directors are meant to be deemed by their Nomad to be “fit and proper” individuals to hold such a post. Don’t all laugh at once. And that brings me to John Zorbas the boss of insolvent Management Resource Solutions (MRS) which is happy to lie to investors.

BREAKING: Winnileaks exposes the monster lie Management Resource Solutions told to its Nomad and AIM

Published 158 days ago

If an AIM listed company lies to its Nomad and to the market the Nomad should quit on the spot. Thanks to Winnileaks we bring you an email exchange below which shows that Management Resource Solutions (MRS) told a monster lie this week. The end should be nigh. I have alerted the Nomad, AIM Regulation and the FCA.

Tom Winnifrith Bearcast: I'm not insensitive to lesbians but, listeners: should I grab Mrs Chav's pussy?

Published 160 days ago

As the day of the great move to the Grim North beckons I wrestle with the moral dilemna: should I grab Mrs Chav's pussy before we go? I then explain why I was NOT insensitive to lesbians in yesterday's bearcast. Finally I look at how to commit securities fraud on AIM in a way that is almost certain to escape detection or conviction. I do not advocate you do what I say but i suspect some already are. Now about about you help us to get over 20% of our Rogue Bloggers for Woodlarks target tonight? I need donations of just £70 HERE

Notes from Underground: Roll 'em if you got 'em

Published 160 days ago

The story that I think truly shows the value of ShareProphets this week is: SHOCKING: ADVFN promotes an insolvent mini bond ponzi - welcome to Burrito Bonds by Tom.

Tom Winnifrith Bearcast - an email to my dear friend the China fraud specialist Paul Shackleton

Published 162 days ago

In today's bearcast I read out an email sent to Paul Shackleton (and AIM Regulation) regarding Management Resourse Solutions (MRS) following today's bombshell HERE. I look at Plus 500 (PLUS), AFC Energy (AFC) and First Property (FPO) whose CEO is outed today as a Brexit Party candidate. I also do read out the roll call of heros who have sponsored Rogue Bloggers for Woodlarks. Tomorrow I am attemptng to do a 22 mile training walk so as you think of my pain why not be a hero too and sponsor all nine  rogue bloggers HERE

Tesla and its Need for Cash

Published 162 days ago

The horrendous Q1 delivery numbers from Tesla (NASDAQ - TSLA) should have finally buried the growth story for all but the die hard believers and the focus now should move on to when it has to raise capital or file for bankruptcy

Julie "Under FCA Criminal investigation" Meyer completely loses plot – claims “known fraudster” Tom Winnifrith going to prison

Published 166 days ago

Oh dear, oh dear, Julie “lingerie on expenses” Meyer really has lost the plot now sending out a letter to business contacts in which she declares she is innocent of everything and then tears into her critics including me. Thanks to Winnileaks I have that letter.

Ooh, Er MRS – has the Nomad turned the screw?

Published 169 days ago

This is utterly bizarre: on 28 March AIM-listed POS Management Resource Solutions (MRS) announced the acquisition of Alerion Consulting Ltd from its founder, Elliott Talbott, and others for a consideration of £1.32 million to be satisfied by the issue of MRS confetti at 5p per share and we were told that an application for admission to trading of the consideration shares on or around 4 April would be made. Now, on 5th April – at 9.38am – we learn that the application to have them admitted to trading hasn’t been made at all, yet the acquisition completed on 28th March!

Versarien PLC: Update on Patrick Abbott: An Astounding Lack of Judgement

Published 170 days ago

It has taken taken two weeks since Versarien (VRS) announced the appointment of Patrick Abbott as Vice President North American Operations, for his ongoing criminal case to be disclosed, despite it being widely publicized here and elsewhere. Presumably this has been dragged out of the company by some grown up at NOMAD Canaccord.

Saga – because I am not Bernie Madoff...mea culpa

Published 170 days ago

Whilst I wish the newly appointed Intu (INTU) CEO the best of luck (but surely as the old CFO he knows all the structural issues and a lot more) and I see Debenhams (DEB) continues to try to change whilst having materially negative like-for-like sales (not easy to say the least), the key regulatory news statement for me today has to be Saga (SAGA)...

A Two VITAL questions Letter to Amber Rudd MP about the stolen £65,000 & London & Capital Finance

Published 170 days ago

The scandal about the £240 million London & Capital Finance ponzi, which we have done so much to expose here, grows by the day. The real scandal is that it is just the tip of the mini-bond iceberg and those politicians such as Nicky Morgan on the LCF case should now, as a matter of urgency, be looking at other schemes that are still taking in money such as the West Ham promoted one we exposed HERE.  But back to LCF and Amber Rudd.

The Curse of the Sheriff of AIM strikes again: Atlantic Carbon/ Daniel Stewart RTO and listing pulled

Published 171 days ago

When running Daniel Stewart (DAN) for the benefit of himself and his family, Peter Shea sent me a lawyers letter trying to stop me exposing what a crock of shit his company was, as it snuggled up to King fraudster Rob Terry. Better still his brother, also a Daniel Stewart employee as were four other family members, threatened to beat me up. So I doorstepped the Daniel Stewart Christmas Party - the brother hid inside the building. Congratulations Mr Shea & your vile family, you have met the Sheriff of AIM.

Chris Ronnie, is my MRS troll THE convicted fraudster or worse...

Published 172 days ago

As you can see below, I am being attacked on twitter by someone purporting to be a shareholder in tecnically insolvent, red flag strewn, Management Resource Solutions (MRS). Is my troll really a convicted AIM fraudster?

Fleet Street Legend Brian Basham writes to Amber Rudd MP demanding her local and national party repays stolen cash

Published 173 days ago

76 year old Fleet Street Legend Brian Basham is one of the rogue bloggers walking for Woodlarks this year. At his age that is impressive and is something you should sponsor here. Basham was also an ace spin doctor in his time (notably for Mo Al Fayed) and is enraged at the way Simon Hume Kendall has stolen cash from the victims of the LCF ponzi, mostly pensioners like Brian, and has donated £65,000 to Amber Rudd’s local party and to Tory central office. Basham has written to Ms Rudd and his letter follows:

Management Resource Solutions – an open letter to Nomad Arden: suspend the shares NOW!

Published 173 days ago

During the weekend in three separate articles I have detailed what an insolvent can of worms is AIM Cesspit listed Management Resource Solutions (MRS) and asked questions that need answering about its latest £1.32 million all share acquisition. The company has failed to answer the matters raised and its shares have plunged another 25.4% to 2.35p today. I have thus written to Nomad Arden demanding that it suspend trading in the shares at once and why. The letter is below. 

Insolvency or massive dilution looks the most likely outcome for Block Commodities ( formerly the African Potash fraud)

Published 174 days ago

I thought that April Fool’s Day had come early when I spotted the RNS last week that Block Commodities (BLCC) had raised money to invest in the medicinal cannabis market and had entered into an agreement to buy land in Sierra Leone for this purpose!

Sunday Long Reads: Sovereign Citizens, Beijing Delivery, Missing Actress, Sober is the new Drunk, North Korean Underground Railroad

Published 174 days ago

Is there anything better than sitting back and reading a well-written article on a lazy Sunday? Every week ShareProphets features some long form journalism that you'll find of interest. Grab your cuppa and enjoy these five articles.   

Brexit may have been postponed but UK Investor goes ahead on Saturday 30 March (TOMORROW) – get your seat - last booking noon today

Published 178 days ago

Well it looks as if we will not Brexit on March 29th after all. But The Global Group UK Investor Show on March 30th in Westminster goes ahead and will be more informative and controversial than ever. The last chance to book seats is noon today

A good (short) idea from Matthew Earl

Published 179 days ago

On Saturday I shall be on the main stage at UK Investor in a bears panel with the Dark Destroyer Matthew Earl and new bear on the block Duncan Stewart. We can promise fireworks. Here is a taster, an idea from Matt...

Get your free seat to meet Mark Slater, the UK’s top fund manager of the past decade and hear what he is buying in EXACTLY ONE WEEK

Published 185 days ago

As a long time Brexiteer I am sure Mark Slater will have a few things to say about the UK leaving the EU the day before The Global Group UK Investor Show on Saturday 30th March. More importantly, in just 7 days’ time, the most successful fund manager of the past decade will be using that famous “Slater nose” to give his view on the market but will also be explaining exactly which shares he is buying and selling and why.

Amber Rudd’s pal Simon Hume Kendall, the SFO, arrests, London Oil & Gas administration – ouzo time at ShareProphets

Published 186 days ago

Things are moving rapidly in the collapse of the London & Capital Finance  ponzi scheme, which fleeced 14,000 punters – mainly pensioners – by offering high yield bonds -   and which ShareProphets has done so much to expose, as you can see HERE.

Tom Winnifrith Bearcast: maybe it really is time to call it a day

Published 187 days ago

In today's extra long podcast I reflect that one day folks like Julie Meyer will win and I shall call it a day. I have lasted two years longer than John Hempton predicted. I also look back on a curious fraud from my early days back in, I think, 1995.  I look at Tomco (TOM), Range Resources (RRL), RedT (RED), Columbus Energy (CERP) and VSA valuations, Goldstone Resources (GRL), Verseon (VERS) and Domino's Pizza (DOM). If you enjoyed this, I think, profanity free bearcast, follow a bloke from the Grim North who donated enough to buy a whole house in the welfare safari and support the Rogue Bloggers for Woodlarks HERE.

PureCircle - Fad Failure and Funny Accounting = SELL

Published 189 days ago

Bears often pigeonhole duff companies as frauds, fads or failures as if they belong in one or other of these distinct categories. The truth is that quite often a fad resorts to fraud when it realises that it is a failure. The most obvious example of this right now is Tesla. But there are others.

Now 80% booked out – grab your complimentary seat for UK Investor on March 30 TODAY

Published 192 days ago

As of today, The Global Group UK Investor show is already just over 80% booked out so do not miss
your chance to join 3,000 other investors who want to make more money from shares, on march 30
in Westminster.

A ban on shorting AIM companies would lead to a lot of the bad ones quickly going bust! (TW - Gary Newman talking bollocks)

Published 194 days ago

There has been a lot of talk on social media recently about a petition to ban the short selling of AIM listed stocks - although it currently only has a little over 3,200 signatures, including a few CEOs, and is well short of the 10,000 needed to even get the government to respond – 100,000 are needed for a Parliamentary debate...

How the UK Investor Show (in 19 days) is Even Better than the Great Doncaster Formica Event of 1959

Published 194 days ago

Hello, Share Mates. As a schoolboy, I attended probably one of Britain’s first ever trade events. It featured that great material, Formica, as well as other home products, and it was then I became fascinated by the concept of a trade show. Perhaps, it was all the free samples. In my case, lots of little tablets of bright shininess, which we swapped and gambled in the playground. Grand commercial events have come a long way since the late ‘fifties. Especially the Global Group UK Investor Show at Westminster on Saturday March 30th...

The Corrupt Deadwood Press (The Mail on Sunday), the Celeb (Lineker) and the members of the Quindell gang ride again

Published 195 days ago

The Mail on Sunday and its freebie loving Personal Finance Editor Jeff Prestridge are promoting a new innovative company in telematics and insurance where the virtue signalling crisp salesman Gary Lineker is a brand ambassador and shareholder. Among Ticker’s named clients is Ingenie.. hang on does that ring a bell?

Notes from Underground - Subscribers find a way

Published 195 days ago

Nigel and Tom's steady dissection of Neil Woodford's empire is clearly the driver of traffic on the site this week. But I think the story Tom Winnifrith is an irrelevant dinosaur says cheapskate "guru" on Twitter is the most quintessential.

2000 Morons who want more fraud on AIM ask parliament to ban shorting

Published 198 days ago

Over on the LSE Asylum they are getting terribly excited about a Parliamentary Petition to ban shorting AIM stocks. If they can just find another 98,000 morons to sign (I’d start with the Frontera (FRR), Quindell (QPP) and Cloudtag (CTAG) shareholder lists) then this idea will be debated. Fraudsters must be praying they do...

A Turbulent Week at Tesla - sell before it’s too late

Published 200 days ago

I speculated previously about what might be the catalyst for the great Tesla (NASDAQ - TSLA) unravel and since then I believe we may have seen it...

Notes from Underground - I am big, it's the pictures that got small

Published 202 days ago

The top ten most-read stories this week, the most popular Bearcasts this week, plus a bonus chart: World Stock Markets: 1899 v 2019.

Tom Winnifrith Bonus Bearcast: An official statement re Cheryl Cole and "imminent" action

Published 206 days ago

Please remember that i do occassionally lapse into Parody thus while the first few minutes of this podcast concern the nation's sweetheart and most talented chanteuse, my real concern is the scandal at Blue Jay Mining (BYAY) unearthed by today's RNS. I cover the role of shamed promoter Old Mother Michael Walters, disgraced broker John Meyer of SP Angel of the Mysquar (MYSQ) fraud shame and of course the company itself. There should be a full investigation and heads need to roll after almost two and a half years of the market being misled. If you enjoyed this podcast please support the EIGHT rogue bloggers for Woodlarks with a small donation HERE

The curse of Beaufort strikes again - Gavin Burnell & Andrew Gutmann have left the Novum Building

Published 207 days ago

I have highlighted before the curious way that Gavin Burnell of Globo (GBO) infamy was working at Novum Securities even though the FCA had not re-authorised him to conduct investment business following the demise of Beaufort Securities. All good things must come to an end.

Tesla - patience will be rewarded in 2019

Published 207 days ago

The resilience of the Tesla (NASDAQ - TSLA) share price in the weeks since its Q4 earnings release is nothing short of astonishing...

Tom Winnifrith Bearcast: Sitting here thinking about the fraudster Rob Terry of Quindell infamy

Published 208 days ago

I consider what Rob Terry is doing now as I contemplate the latest threat to Watchstone Group (WTG), Quindell (QPP) as was. I look back on a few other fraud busting successes but view them as fairly irrelevant. I am more proud of my work for Woodlarks and, in that vein, again urge you to sponsor Rogue Bloggers for Woodlarks HERE.  I consider DeepMatter (DMTR), Audioboom (BOOM), Centamin (CEY), Yourgene (YGEN), Big Sofa (BST), I3 Energy (I3E) and Kavango (KAV)

Independent Oil & Gas unwittingly confirms Sunday LOG scoop but simply fails to understand the scandal

Published 208 days ago

AIM listed Independent Oil & Gas (IOG) has today issued a statement in relation to London Oil & Gas (LOG) run by Amber Rudd’s pal and donor Simon Hume Kendall and it unwittingly confirms Sunday’s scoop HERE that LOG is the recipient of £122 million of the £176 million leant by London & Capital Finance, the ponzi now in administration and under full FCA enquiry.

The Hairy Pros and Cons of Going Down Penny Lane.

Published 210 days ago

Hello Share Treaters. The maths of penny shares can throw up some interesting stats. And it’s one reason why I invest some of my assets in them. Of course, there are some downsides to the calculations. So let me try and list both the advantages and the snags.

Telit – Chinese takeaway delayed again

Published 212 days ago

The sale of the auto division of the Telit (TCM) fraud to Hong Kong based TUS was meant to complete on December 7. Then on January 31. Then on February 20 and now… another few days we are told. Remember this deal was first announced last July so it is not as if anyone has had to move fast.

Thoughts on Telit as D Day looms (Wednesday)

Published 216 days ago

As I write, the Telit Communications (TCM) share price at 120p is trading close to its lows as next Wednesday looms. This is the date that the acquisition of its auto division by TUS International, postponed twice already, is “expected” to complete…

NEX-listed Gamfook DANfooked!

Published 220 days ago

As readers know, our dear friends and comrades at Daniel Stewart & Co plc seem to have run in to a spot of bother in the solvency department, and has now lost its licence to operate as a Corporate Adviser on the NEX Exchange.

Frontera arguably insolvent says Judge as he finds against it in crunch case - another breach of AIM Rules

Published 221 days ago

The whore blogger Malcolm Graham Wood and Frontera Resources (FRR) repeatedly asserted that legal claims against it had no merit and would be thrown out. A Judgement handed down on 22 January, which we publish below, shows that was not the case. The Judge slams claims made by Frontera in the case against lender Outrider as "fantastical" says that it is "strongly arguable" that Frontera is insolvent and rules against the formerly AIM listed POS.

Tom Winnifrith Bearcast: Oi Telit, Accesso & Westminster, BMD thinks I'm trying to sell you a stand at UK Investor

Published 222 days ago

Dan Levi reckons that I was being beastly about Dev Clever PLC to sell it a stand at the UK Investor show. He says so without listening to what I actually said. Maybe I am also trying to flog stands to Telit, Accesso and Westminster Group? Oi fatso Baldry if I mention the 3DM fraud again will you take a stand at a show I don't actually own. Whatever... In this podcast I also cover Telit (TCM), Blue Rock Diamonds (BRD), Jim Mellon's SalvaRX (SALV), Accesso (ACSO) and Windar Photonics (WPHO). It is silliness like this that make me want to call it a day sooner rather than later.

Is the Petrofac share price collapse a good buying/trading opportunity

Published 222 days ago

Sudden large drops in share price on larger companies tend to spook investors, but they can also offer great opportunities, either to invest at a cheap price or even just to trade any bounce back towards previous levels.

EXPOSE: Atlantic Carbon, Daniel Stewart, Adam Wilson, Peter Shea and their new partners accused of fraud by the SEC

Published 222 days ago

Over the weekend I flagged up all the red flags surrounding the curious RTO of Adam Wilson's Atlantic Carbon by Peter Shea's worthless Daniel Stewart Securities and the enlarged group's planned Standard Listing. Notably I explained the horror's in Atlantic Coal's accounts and the daft $86.8 million valuation put on Atlantic by See Through Equity in the note below which is on Atlantic's website. Uh Oh...

BREAKING: From Death to a Standard Listing, Daniel Stewart the comeback...

Published 223 days ago

More than a week after we exposed the coming death of Daniel Stewart & Company the weekend press has finally woken up and is reporting how it went into administration on Thursday. But something bigger happened on Thursday. Daniel Stewart, c/o former boss Adam Wilson is coming back to the market via a standard listing. Let me explain with the documents below..

Notes from Underground: To the spivs on AIM, they probably date the world BS / AS (before ShareProphets and after ShareProphets)

Published 223 days ago

I just realised that we are coming up on our sixth year of publishing ShareProphets. (The actual date is in April).

Whore Blogger Malcolm Graham Wood of Frontera fraud infamy chats to Police caption contest result

Published 225 days ago

Yesterday, in the wake of more damning revelations about the Frontera Resources (FRR) fraud we brought you an exclusive picture of its best paid promoter, the whore blogger Malcolm Graham Wood helping the fuzz with their enquiries as you can see below. We asked you for suitable captions and,  as you can see HERE, there were numerous good entries. But there can be only one winner of a semi naked photo of Britain’s top share blogger (mornings only), Thirsty Paul Scott….

Westminster Group led by disgraced former Tory MP Tony Baldry: discount placing ten days after mega ramp

Published 225 days ago

The behaviour of Westminster Group (WSG) chaired by disgraced ex Tory MP , Sir Tony Baldry of 3DM fraud infamy, displays everything that is worst about the AIM Cesspit. Today we have a £500,000 placing via newly appointed joint broker the low -life team at SVS. But just ten day ago it was all so different.

Caption Contest Frontera fraud special - Police talking to the whore blogger Malcolm Graham Wood

Published 226 days ago

After today's cache of bombshell emails exposing the fraud at Frontera (FRR) folks will have even more questions for the whore blogger Malcollm Graham Wood who ramped the shares shamelessly in return for, undeclared, payments from Frontera. In light of this I have unearthed this pic of the Fat Bastard with his back to the camera helping the Police with their enquiries. Please supply suitable captions in the comments section below with a deadline of midnight tonight.

Frontera - more shocking papers emerge showing the extent of the fraud

Published 226 days ago

Slung off AIM a few weeks ago, Frontera Resources (FRR) still has its fans in the Bullettin Board Moron community but the latest trove of emails to emerge, which we publish in full below, will shock even them as the extent of the fraud emerges.

Tom Winnifrith Bearcast: KPMG, Grant Thornton, Pinsent Masons - you are corporate scumbags but its not you but your employees that enable fraud

Published 230 days ago

Covering Quindell (QPP), Naibu (NBU), Patisserie Holdings (CAKE), Staffline (STAF), Sefton (SER) and more I look at the role of auditors and lawyers in enabling corporate fraud and what needs to change to stop this.

Bulletin Board Moron of the Week (Frontera fraud special) – joint winner

Published 230 days ago

Suffice to say you would not want your average Frontera (FRR) shareholder on your pub quiz team would you? There were numerous fantastic nominations for this contest as you can see HERE but Bwakem and Soupchicken will have to fight it out for the prize, a semi naked photo of Britain’s top share blogger (mornings only) Thirsty Paul Scott as they both spotted the gem below. 

DEADLINE MIDNIGHT TODAY: Bulletin Board Moron of the Week Contest in honour of the Frontera fraud - can you beat this one?

Published 231 days ago

The AIM demise of the fraud Frontera (FRR) has unleashed a barrage of Bulletin Board idiocy not seen for years. It seems that the idiot from every village in the land was invested here and the comments on the Asylums at the LSE, ADVFN and iii as well as on twitter restore ones faith in the sheer stupidity of your fellow man. To win a semi naked photo of Britain's top share blogger before lunchtimes, Thirsty Paul Scott, simply post your examples of supreme idiocy ( not necessarily on Frontera) in the comments section below. The deadline is midnight on Saturday 2nd Fenruary. I start off with my nomination. Can anyone beat this gem from tune player on the ADVFN Asylum.

Don't worry Daniel Stewart - someone still loves you...

Published 231 days ago

Following my revelations yesterday the deadwood press have their knives out for Daniel Stewart (DAN) today. Maybe the CEO's younger broker did not threaten tol beat them up and they did not get fascist lawyers letters for exposing this POS, but the firm is almost friendless as it prepares for administration. I say almost...

An all-star line-up at the UK Investor Show on March 30 DO NOT MISS OUT ON COMPLIMENTARY TICKETS

Published 232 days ago

As a ShareProphets reader you know the speakers, you’ve seen the videos, indeed, you may well have attended a UK Investor Show in person so you know something of what to expect. But in our 18th year the team is going to serve up their biggest and most exciting all-star event yet on March 30th 2019. Do not miss out, reserve your place today.

Updated 2: Has Daniel Stewart gone tits up? Almost......

Published 232 days ago

When the boss’s younger brother threatens to “beat up Tom Winnifrith because of the articles he wrote,” when you get into bed with disgraced king fraudster Rob Terry and then send Tom Winnifrith fascist lawyers letters you know that Mr Karma is going to get you sooner or later.  You are either on the side of the fraudsters or you support the fraudbusters and that brings us to Daniel Stewart (DAN).

The Only Fund manager worse than Neil Woodford - the BBC doubles up on Tesla

Published 233 days ago

In the old days ( i.e only three years ago) the BBC pension fund was invested, as it should have been in safe dividend plays like BP, Shell and BAT Industries. But that sort of portfolio played badly with the uber politically correct state funded broadcaster. So its all change. The new top 20 holdings as at 31 March 2018 are below.

Tom Winnifrith Bearcast: The return of Wildes, Roger Lawson and Lucky Lord Lucan

Published 235 days ago

I am plagued today by Bulletin Board Morons reporting me to the FCA, by Roger Lawson and some ungracious comments on fraud busting at Globo (GBO), Quindell (QPP) and Patisserie Holdings (CAKE) and by our former in house Bulletin Board Loon who has returned to really rile me with some vile comments on the holocaust which expose him as the Jew hating vermin that he is - HERE. I comment on Angus Energy (ANGS), UK Oil & Gas (UKOG), Domino's Pizza (DOM), Feedback (FDBK), Photonstar Led (PSL), Starcom (STAR) and Cabot Energy (CAB).  Footnote, Roger is now planning to run an amendment flagging up that I did advise folks to sell/short Patisserie warning "something's not right". Roger you are a gent.

Frontera shares now worth 0p but changing hands at just 0.06p

Published 235 days ago

The whore blogger Malcolm Graham Wood urged shareholders in Frontera Resources (FRR) to hang on after the shares – 0.28p at suspension, down more than 99% on the IPO – were booted off AIM.  The morons insisted they would be buying more as soon as they could and that shorters would be unable to close. Here, c/o the great Northern bear Waseem Shakoor is proof of the reality.

Tom Winnifrith and Gary Newman in top four market abusers & liars on AIM - its "official", reported to FCA

Published 235 days ago

Oh well that is settled then. All those frauds we exposed, all those promotes and ramps we revealed, all those RNS lies we showed to be lies, it was all a smokescreen.

City's No 1 oil analyst comments on the AIM demise of Frontera

Published 236 days ago

Zac Phillips at SP Angel has opined on the AIM demise of the Frontera (FRR) fraud and does not mince his words. The great man says...

Tesco is talking sense on fresh food counters

Published 236 days ago

I noted earlier in the month that Tesco (TSCO) was 'no longer on the ropes and is flexing its muscles'. I think the Sunday press story - which I see the company did not deny but did not offer further comment on - concerning 15,000 job cuts (c. 3% of its workforce) as it reconsiders the future of some fresh food counters and bakeries, is very consistent with this...

BT Group: this week is about so much more than just results

Published 237 days ago

I talked positively about BT Group (BT.A) being a 'tortoise not a hare' a few weeks ago  observing that the real excitement about the big telecoms group for 2019 and 2020 was rooted in internal change and not (as was mooted a few weeks ago) a dramatic takeover by a name like Deutsche Bank.  

Notes from Underground - Have you ever seen George Soros and Tom Winnifrith in the same room?

Published 237 days ago

A reader this week suggested that we look at a specific bulletin board conversation this week as background to a story. ShareProphets writers rarely look at the boards, and I'd be shocked if any have ever participated, but I took a gander. 

Bad news for AIM - Class Action against Cantor Fitzgerald re African Potash fraud fails to get off the ground

Published 238 days ago

African Potash (AFPO) released 2 RNS statements about claimed deals in Southern Africa,. The shares raced ahead. Nomad Cantor Fitzgerald and its QE Mr Stuart Dick signed off on those RNS statements but cannot have bothered to check the original documentation about those deals. Because I got hold of that documentation & published it and that showed the RNS's were misleading. But they caused a share spike allowing a bailout placing to go ahead.

Julie Meyer plays the victim card again #Metoo

Published 239 days ago

It is nothing to do with sticking lingerie on expenses while staff and creditors go unpaid, with the criminal charges in Malta, with the millions of pounds of other folks money she has blown, with the MSFA, FCA, SFO, HMRC, IRS and ActionFraud investigations, with the unsettled CCJs, the only reason anyone ever says anything bad about Julie Meyer is because they are men, she is a woman and thus a victim. Whatever...

10 stocks about to lose their Nomad – possible AIM Casino suspension ahoy

Published 239 days ago

Thanks to the hapless clowns at Northland losing (oops I meant surrendering) their license there are still a stack of stocks which will see their shares suspended on February 1 and booted off the casino for good on March 4 if they cannot find a replacement.  The ten at risk are:

5 Sells for 2019 – early January update

Published 243 days ago

I thought I’d update on my 5 sells for 2019 as after just a couple of weeks a few cracks are beginning to show already. The five, Telit (TCM), Haydale (HAYD), Yu Group (YU.), Walcom (WALG) of the ShareProphets AIM-China Filthy Forty and First Derivatives (FDP) are not necessarily shorts – some, such as Walcom, couldn’t be shorted anyway. But they are sells.

Tom Winnifrith Bearcast: CyanConnode - did it deceive and Malcolm bonkers on bankers

Published 247 days ago

In today's bearcast recorded before my first training walk for Woodlarks I look at Sabien (SNT) and ask if CyanConnode (CYAN) misled ahead of its last bailout placing. I deal with the nature of fraud, the culpability of Luke Johnson (there is none) and Patisserie Holdings (C AKE) and then explain why I think Malcolm's stance on the bankers is bonkers

Patisserie Holdings …it gets worse: formal update from not so lucky Luke Johnson

Published 248 days ago

My pal Luke Johnson used to be known as Lucky. Just like Lord Lucan. Luke does not stand accused of butchering his nanny and is not fleeing the country but there is blood on the streets round at Patisserie Holdings (CAKE) and Luke’s luck seems to have run out. Though I was a perma bear on Patisserie it gives me no pleasure to be revealed as a superb journalist once again...

Tom Winnifrith Bearcast: two disasters for Neil Woodford today

Published 249 days ago

I start with a few thoughts on this, the birthday, of Martin Luther King. Then onto the two disasters for the £37 million smug bastard, Neil "nomates" Woodford: Netscientific (NSCI) and Provident Financial (PFG). I look at Big Sofa (BST) and Yourgene (YGEN) , my nap for Q1, then onto Victoria Carpets (VCP) and finally a detailed laook at the fraud that is Eden Research (EDEN).

Telit – auto sale on track, trading statement is a load of cobblers: sell

Published 249 days ago

There is good news and bad from Telit (TCM) today. But overall the company founded by mortgage fraudster & fugitive from US justice Uzi Katz, who is under FCA investigation and still pulling the strings, remains a total bargepole at 132p.

Independent Oil & Gas, London Oil & Gas, Amber Rudd and the small world of Tory politics , they are all at it

Published 250 days ago

I have already noted how London Oil & Gas, the company that is using Ponzi fraud cash from related party LCF (now under full FCA investigation) , to fund AIM listed Independent Oil & Gas (IOG) was linked to a bent solicitor and a Tory grandee. But the links with the nasty party are far deeper and go right up to the ghastly work and pensions secretary, and former stockmarket spiv, Amber Rudd.

Brexit is not of global significance

Published 250 days ago

To be charitable, you could say the euro has proved itself merely by surviving until its 20th birthday this January. That is a low bar. Monetary union has otherwise failed as an economic and political endeavour...

Breaking: the Other nail in the London Oil & Gas coffin that will bring down AIM listed Independent Oil & Gas

Published 251 days ago

Oh dear, oh dear. This really is proof that Independent Oil & Gas (IOG) is - whatever its scumbag Nomad FinnCrap (FCAP) claims -complete toast. You will remember that Independent owes more than £30 million to unquoted London Oil & Gas. That money has to start being repaid within a few months and Independent will go bust unless London provides more funds. But London has borrowed money from LCF a related party firm subject to a full blown FCA raid as it is a ponzi fraud as we showed here yesterday. That cash is repayable on demand. Now read on....

Another look at more red flags at the ponzi underpinning Independent Oil & Gas

Published 252 days ago

AIM Casino listed Independent Oil & Gas (IOG) is dependent on financing from London Oil & Gas which in turn is dependent on financing ( repayable on demand) from a ponzi called London & Capital Finance now the subject of a full FCA raid and lockdown. We have covered this extensively already but there is more...

Meet Alec B - he owns shares in Anglo African Oil & Gas and he is a moron

Published 256 days ago

Alec B is a moron. Alec B has two followers on twitter so it looks as if the world knows he is a moron and Alec B owns shares in Anglo African Oil & Gas (AAOG) so that is proof he is a moron as you can see below.

Telit Communications – still a sell

Published 257 days ago

With the share price of loss-making ‘Internet of Things’ play Telit Communications (TCM) flirting with a multi-year low, it is understandable that some may be tempted to go bottom fishing. As I see it, the bull case is as follows:

Notes from Underground: For 2019, we promise more of the same

Published 258 days ago

I was reading the Most Read ShareProphets Articles of The Year piece posted on New Year's Day and a throught stuck me: not one of the top 20 stories was a tip.

Reader Post of the Year ( 2019) – another warning about Pacific Tycoon/Davenport Laroche

Published 262 days ago

I have had my threats for exposing the fraud that is Pacific Tycoon, a fraud that companies such as ADVFN (AFN) and others in UK financial services have been prepared to promote despite my exposes. It seems that Pacific now operates under two names, a reader (Daryl) has the whole scam banged to rights and relayed his experience on our comments section. This post merits a wider audience. Over to Daryl…

ShareProphets readers tips for 2018 competition - And the winner is...

Published 262 days ago

Having asked for readers tips for 2018 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2018), the winner is...

The 20 most read articles of 2018, plus the 20 most listened-to Bearcasts

Published 263 days ago

After 365 days of cracking financial journalism, here are the top 20 stories that ShareProphets readers were obsessed by. 

Going, going - GOLD

Published 264 days ago

Do you have exposure to gold and if not why not? Are you mad?

Another day of shame for AIM: Cabot Energy spunks $16.5m in a year, warns could go bust in weeks, did ex CEO inside deal?

Published 264 days ago

Cabot Energy (CAB) which, as Northern Petroleum, once saw its shares touch 140p today admitted that unless it gets away a placing at a “deep discount” (its words) it will go bust by the end of January. Its shares, about which we have been warning for eons, have crashed by 59% to 0.625p. To think that, less, than a year ago, former CEO Keith Bush raised $16.5 million at 5p. All the money's gone.

Sunday Long Reads: Donald Trump, Facebook, China activists, Fake Internet, Bin Salman

Published 265 days ago

Is there anything better than sitting back and reading a well-written article on a lazy Sunday? Every week ShareProphets features some long form journalism that you'll find of interest. Grab your cuppa and enjoy these five articles.

Gamfook in NEX-China flotation: Red Flag central, keep well away!

Published 268 days ago

I didn’t know whether to laugh or to cry at the flotation of Gamfook (GAMF) on the NEX lobster pot on Christmas Eve. Was it an elaborate April Fool, carried out in December to fool us all? I’ve no idea. But the Red Flags are everywhere to see. For starters, it is a Chinese jewellery play with one of its main outposts to be found in Fujian Province (which, I gather, is called Fooking in another Chinese dialect). And the Broker is that fine house of AIM-China frauds, Daniel Stewart – the former Nomad and former resident of the AIM Casino. What’s not to like?

ShareProphets “Bury Bad News” Christmas Eve Competition Result

Published 269 days ago

Well Humbug and Bah Humbug to you all! You all want to know who won the Bury Bad News sweepstake. Needless to say, it wasn’t me! The entries ranged from 7 to 50 bad news RNSs on Christmas Eve, but who won – and what was the worst of RNSs?

First Derivatives – now tell us about Kx and Shakti: does this make your $53.8m ( which you don't have) a pure spunk?

Published 271 days ago

Given that its IPO prospectus was fraudulent and how its earnings have been materially overstated in recent years as demonstrated here, only the sort of moron who would back the fraud Globo to the hilt would still be owning shares in First Derivatives (FDP). They are an outstanding short at 2125p. But now lets look at kX and something that might just blow up First early in the new year.

Frontera – Nomad quits, shares suspended, it is game over morons & ouzo time for me

Published 271 days ago

I have spent all weekend being abused on twitter by morons who own shares in Frontera Resources (FRR) - notably @keithcareth, check his feed he is insane -  who insisted that I did not know what I was talking about, that the FCA was after me, etc etc etc. I await an apology as today – as was inevitable after our weekend revelations HERE and HERE – the Nomad, Cairn, has quit. The shares are suspended and here is why it is game over.

5 Slam-Dunk Sells for 2018 – almost the final reckoning

Published 272 days ago

We are days away from the end of 2018 and so it is time for almost the final reckoning for my portfolio of 5 shares to sell this year. I say almost the final reckoning because Tom Winnifrith’s Winnileaks has been receiving a few things which suggest that AIM-listed Frontera Resources (FRR) may well be facing its final reckoning extremely soon – ouzo at the ready, then!

Notes from Underground - Thoughts before hurling through the clouds

Published 272 days ago

By the time you read this, I may be whizzing through the air to Vancouver, assuming the authorities are able to keep the airports clear of toy helicopters.

F*CK YU – now the FCA investigates as suspicions of securities fraud mounts

Published 276 days ago

On Monday I wondered out loud what was happening about the forensic investigation into various accounting matters – including accrued income recognition and impairment of trade debtors at Yu Group (YU.). Then there was the small matter of a £12 million placing on the back of FY17 accounts which now appear to be somewhat questionable. Well blow me down with a feather: now the FCA has notified the company that it intends to conduct an investigation and the shares (which I called a bargepole of the highest order on the initial ‘fessing up of 24th October) have now fallen below half of the IPO price of March 2016.

VINDICATION: Telit – FCA enquiry widened, implication is of wholesale securities fraud re 2017 placing

Published 277 days ago

The fraud that is Telit (TCM) continues to unravel. We already knew that ex FD and CEO Yosi fait was being investigated for selling all his shares in early July 2017 while he was aware of damaging price sensitive information ( a profits warning) – that would be insider dealing. We know that founder, former CEO and the man who is still running Telit via puppet directors, Uzi Katz, is being investigated for not admitting that he was a fraudster and fugitive from justice.  Now it gets bigger.

YU – all silent in run up to Christmas (so far….)

Published 278 days ago

Back on 24th October, AIM-listed Yu Group (YU.) issued a devastating RNS regarding accrued income recognition, impairments of trade debtors and the shares collapsed 80%. Then on 5th November the company announced that it had appointed PWC and DLA Piper to carry out independent forensic investigations and promised to update the market in due course. So how about that update?

Tom Winnifrith Bearcast: a dark day in the fight against corporate fraud & the share price that tells you a B2C stockmarket bloodbath is on the way

Published 279 days ago

I start with the bad news on the collapse of the fraud case against two Tesco (TSCO) executives. We have got the fight against fraud all wrong. But things will change as the anger generated by a bear market causes calls for dramatic change. Then, starting with the share price of Intu (INTU) I explain why this shows you that there is an almighty B2C bloodbath on the way in 2019 and how you must reshape your shares portfolio accordingly.

John Meyer of SP Angel is shameless with his BlueJay ramping c/o Justin the Clown. Shocking.

Published 281 days ago

John Meyer of disgraced Nomad of MySquar (FRAUD) infamy SP Angel really is a very naughty boy. The scallywag was in action once again on the Justin the Clown podcast at Vox Markets, as you can witness below.  To save your suffering fast forward to 20 minutes and 40 seconds when the analyst appears. His crimes are numerous. First up..

ShareProphets readers tips for 2018 competition - how's it looking with less than 3 weeks left?

Published 282 days ago

Having asked for readers tips for 2018 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following updates on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2018)...

Interserve: you were warned - bring out the ouzo!

Published 285 days ago

Whilst Tom Winnifrith enjoys an early morning glass of ouzo upon confirmation that MySquar (MYSQ) has finally departed the Casino amid allegations of fraud and someone’s fingers in the till, there is another party going on at Deputy Sheriff Towers: fully-listed Interserve (IRV) has finally confessed that its shareholders are going to get clobbered. Indeed, the shares this morning fell way below their nominal price of 10p in the scramble to get out and currently sit 47% down on the day at around 12p...

Should’ve Gone to FRC – Is ICAEW another chocolate teapot?

Published 287 days ago

About 3 years ago Nigel Somerville was waxing lyrical about the Institute of Chartered Accountants of England and Wales (ICAEW), who regulate most audit firms domiciled here.  Whilst it was clear from the excellent response Tom gets from FRC that it is a proper regulator, I thought I would try ICAEW for the issues I highlighted regarding TXO’s accounts here.

MySquar – the scale of the fraud gets worse but is there hope for shareholders? Er…

Published 288 days ago

I have a small bottle of ouzo ready for Monday at 7 AM GMT when shares in the fraud MySquar (MYSQ) will be thrown off the AIM Casino as no Nomad is prepared to replace disgraced SP Angel which quit a month ago.  But the news today gets even worse.

Numis statement shows why FinnCap’s IPO today is such a stinker

Published 290 days ago

FinnCrap (FCAP) has today listed on AIM having raised £3.75 million of new monies while insiders dumped £1.25 million of shares on mug punters. Unfortuanately for smug Sam Smith and the FinnCrap team a statement on current trading from Numis (NUM) shows just why FinnCrap rushed to get its own IPO away and why it should be avoided like the plague.

Aphria - a cannabis giant set to go to zero: the new Gabriel Grego dossier

Published 292 days ago

Gabriel Grego is the man who exposed Globo (GBO) as a fraud, Folli Follie as a fraud and his new target is Canadian cannabis giant Aphria - his clear view is that this multi billion dollar company is a zero. Gabriel is presenting in New York right now but we have his presentation and his dossier which is utterly devestating. This looks like free money as a short. 

The housing boom is not over, its ending

Published 292 days ago

You think the housing boom is petering out or taking a breather? Nope it is a bubble its popped the boom is over.

Tom Winnifrith Bearcast: will FinnCrap show a shred of integrity and quit as Telit's Nomad tomorrow?

Published 293 days ago

A delayed bearcast as it is all go at the Greek Hovel with the olive harvest. Comrade Andrew Bell has departed but the Albanian cavalry has arrived. More on that on my own website later, with photos. In today's podcast i start with the explosive news about how wretched Theresa May has misled MPs and the nation over Brexit. Surely she must go now. And I ponder events in France. Do we really want to be in bed with that sort of place. Then onto Telit (TCM) where the Sunday Times has big news. This could be a zero by tomorrow. I discuss in detail. I also comment on another fraud, MySquar (MYSQ)

Tom Winnifrith Bearcast: Will Malcolm's Santa rally help Sam Smith get the ludicrous FinnCrap IPO off to a flying start

Published 300 days ago

In my penultimate bearcast from Britain before heading off for the olive harvest in Greece I discuss Malcolm's Santa rally, the IPO of FinnCap which is a bargepole for me and why merging two mid tier auditors, BDO and Moore Stephens, will do nothing at all to diminish corporate fraud.

Urals Energy – the fraud gets bigger as does the size of the looming cash crunch – another great day for the AIM Casino

Published 303 days ago

Another great day for the world’s most successful fraud market, oops I meant growth market.  Over on the AIM Casino the problems mount for Urals Energy (UEN). We had been told that $3 million had been loaned out in an unauthorised manner by its 98.56% owned subsidiary JSC Petrosakh.  Think again, it is $5.1 million and it looks as if none of that is coming back so there is a looming $4.5 million cash crunch. Uh Oh! Timber!

Wishbone Gold: Buy at 0.095p target 0.589p or 1.19p

Published 306 days ago

Two caveats. Firstly, the analyst producing this note is Dr Michael Green who as PR man to the fraud Sefton (SER) earned a fat wedge protecting that fraud by, inter alia, masterminding a dirty tricks campaign against myself and Dan Levi.  He is a motherfucker with no place in financial services and he should be cold shouldered by anyone with any sense of morality. Secondly, Align is a paid for research provider. Notwithstanding that I reckon Wishbone Gold (WSBN) shares, which we own and bought more of at 0.1p, are very cheap.  So here is the Align research. The morally bankrupt Green who Align should fire on principle, opines:

TomCo – London’s broker of worst repute quits claiming association damages its reputation

Published 309 days ago

SVS Securities did a bailout placing for the fraud MySquar (MYSQ) days before its downfall, knowing full well that the company was a wrong ‘un. That had to be reversed PDQ as it emerged that the ex CEO had half inched almost a million quid..  Suffice to say it will act for almost anyone and its reputation is of being a thoroughly low grade and morally bankrupt operation. So when it quits an account to protect its reputation you know that the company in question is toxic. Welcome to long time uber dog Tomco (TOM)

Tom Winnifrith Bearcast - the changing meaning of the word "refute" in the English language

Published 313 days ago

In today's podcast I look at Babcock (BAB), which is not a fraud, and the fraud Globo (GBO) and the use of the word "refute". I also cover Johnston Press (JPR), RM2 (RM2) - another Neil Woodford dog - Haydale (HAYD) which looks increasing;y like a zero, Online Blockchain (OBC) and Amur Minerals (AMC)

Marcus Stuttard the world’s most clueless regulator MySquar Caption Contest Result

Published 314 days ago

Presented by myself, in October 2017, with slam dunk evidence that AIM Casino listed fraud MySquar (MYSQ) had committed wholesale fraud, the boss of AIM Regulation Marcus Stuttard did nothing. So MySquar was able to raise millions more pounds on the casino and private investors have lost everything. Still Stuttard thinks he is doing a good job. We captured the moment Marcus received the MySquar report in the picture below and as you can see HERE, you supplied many suitable captions. But there can only be one winner, Kayeserasera received a signed semi-naked photo of top share blogger Thirsty Paul Scott for the entry below:

Tom Winnifrith Bearcast: What are the incriminating photos of Daily Mail journalists that Neil Woodford owns?

Published 314 days ago

You could not make it up. Another week. Another Neil Woodford share support operation in the Mail on Sunday. I look at Woodford and wider issues he faces at The Times and Sunday Times and their shameful role in the MySquar (MYSQ) fraud and at Purplebricks (PURP) and the fundamental weakness in its business proposition that will ultimately sink it.

Notes from Underground: Why not Quindell 2.0 if no one cares about MySquar

Published 314 days ago

Once again, I stand awed that great work by ShareProphets on identifying bad eggs is largely ignored by the mainstream media, in this case MySquar.  It's no wonder that Rob Terry has the new to saddle up with Quindell 2.0.

MySquar – a complicit Nomad finally walks, ex CEO accused of theft, cash crisis critical – where’s the Fat Lady?

Published 316 days ago

It gets worse and worse for MySquar (MYSQ) a company that I have been openly accusing of fraud for more than a year. On Monday it partially ‘fessed up. Today it got worse.

Tom Winnifrith Bearcast: Je parle le Franglais avec les Grenouilles!

Published 316 days ago

In today's podcast I look again at yellow journalism re Woodford Patient Capital Trust (WPCT) as covered HERE and the MySquar (MYSQ) fraud. The corrupt deadwood press is part of the problem not the solution. I cover the latest news from MySquar in case I don't have time for a dedicated article. Today is a Joshua day but I hope to write as he takes a nap. I  also look at Mirriad (MIRI), Mosman Oil & Gas (MSMN) anmd Haydale Graphene (HAYD) whose news today means that Nigel Somerville will have enjoyed ouzo on his breakflast cornflakes.

Has Jug eared virtue signalling prick Gary Lineker got no shame? Backing the Quindell fraudsters AGAIN

Published 317 days ago

As BBC license fee payers, you will be truly delighted to see how the vast pay cheque given to Gary Lineker is being spent. You may remember that the crisp salesman was appointed as brand ambassador to Ingenie, part of the Quindell (QPP) fraud, now under SFO investigation as the UK’s largest stockmarket swindle for 30 years. Lineker was given millions of pounds of free shares in Quindell which he sold onto poor investors who lost almost everything - having said he'd be a buyer. Well it worked before…

Tom Winnifrith Bearcast: Oily Piers gains from yellow journalism at the ES & is Amur about to go pop

Published 317 days ago

I address issues raised by poltroons about yesterday';s bearcast and our new investment. I look at some awful yellow journalism at the Evening Standard regarding oily Piers Pottinger and the MySquar (MYSQ) fraud which demonstrates again why the dying deadwood press are part of the problem not the solution. I look at Amur Minerals (AMC) which is in VERY big trouble, I suggest. And also at Avanti Communications (AVN), Totally (TLY) and Venn Life (VENN). The big short dossier articler is on the runway and I should publish it very soon.

Oily slug Piers Pottinger quits the MySquar fraud but it’s too late pal: you are implicated and in my dossier going to the FCA & SFO

Published 318 days ago

Two days after MySquar (MYSQ) suspended its shares on the AIM Casino and admitted to fraud and a cash crisis its odious slug of a chairman, the well known PR spinner Mr Piers Pottinger has quit as a director and from the company. Piers may wish to distance himself from what is a very messy crime scene but it is too late. He was either involved in the fraud or enabled it by his incompetence or his silence or both. He features in a detailed dossier I am preparing for the FCA and SFO urging them to launch a formal enquiry. 

MySquar – and another thing the FCA may wish to look at – remember young pipsqueak Josh Adams

Published 319 days ago

You may remember Joshua Adams? Aged 28 he wrote to me to say that he “prayed for my destruction”. Wind forward five years and, playing with Daddy’’s money, he amassed a stake of 16% in the MySquar (MYSQ) fraud. Now looking at both Companies house and the RNS feed I worry that young Joshua may have been a very naughty boy indeed and I have asked the FCA to investigate him accordingly. But fear not Josh, I am a nice guy and will be praying for your salvation as I kneel at the bedside tonight.

First Derivatives shares surge on interims but 11 points you may wish to consider

Published 319 days ago

As I write, shares in First Derivatives (FDP) the company floated via a fraudulent IPO and which has overstated its earnings by c50% for each of the past three years, are surging. Interims have gone down well and the stock is up 160p ( c5%) at £34.10. But hang on Henry… here are 11 points you may wish to consider before buying

Marcus Stuttard, the world's worst regulator receives evidence of fraud at MySquar caption contest

Published 320 days ago

In October last year I presented thje AIM Regulation team headed by the man who ludicrously allowed himself to be dubbed the Sheriff of AIM, Mr Marcus Stuttard with slam dunk proof of massive fraud at MySquar (MYSQ). He did nothing. MySquar raised millions of pounds AFTER that from issuing shares which after today are now worthless as the fraud is laid bare. Mr Stuttard's failure to act has cost investors millions. And this is not his first lamentable failure. Is he the most useless regulator on this planet? Anyhow, he is pictured below after receiving my proof of fraud at MySquar last October. Please supply a suitable caption by midnight tonight in the comments section below.

Tom Winnifrith Bearcast: okay you asked for it, I hope this makes you happy

Published 320 days ago

I start with a reader request. I do as you wish. In this podcast I cover MySquar (FRAUD), ADVFN (AFN) and Totally (TLY) in the battle of the anorexic Ethiopian super model balance sheets, Avanti Communications (AVN), Purplebricks (PURP) and ripping off customers as a business model, and also Angus Energy (ANGS). Post bearcast I have just had a good chat with Tim Steer who has a book out soon. More on that when it is published. 

King fraudster Rob Terry of Quindell infamy announces plans for £1 billion stockmarket listing

Published 320 days ago

I have got more chance of shagging Cheryl Cole than Rob Terry has of achieving a £1 billion flotation of his latest fraud but let us humour the old criminal and examine his plans for OS3 Digital Limited, formerly Knob Park Estate.

MySquar: admits monies missing, cash almost gone, Schaer doing a runner, placing pulled – shares suspended. Oh what fucking joy!

Published 320 days ago

Oh dear. Oh Dear. I pointed out that MySquar (MYSQ) had lied and committed fraud numerous times – notably with the 31 July 2017 placing – but Nomad SP Angel was happy to turn a blind eye and bank its retainers. Marcus Stuttard and the keystone cops at AIM Regulation were given specific warnings but did nothing. Now the whole thing has blown up so who looks like a frigging clown now Marcus? Is it Tom Winnifrith, the real Sheriff of AIM, or Marcus Stuttard, a man who is meant to regulate but instead turns a blind eye to blatant fraud, a useless not fit for purpose fucking poltroon?

After the MySquar triumph: Still not signed up to quality investigative fraud busting journalism at 2p a pop. Why not?

Published 320 days ago

Just over a year ago ShareProphets went from an advertising model (i.e. letting evil Google bleed us dry) to a subscription based one. That means we can write what we want and thanks to well over a thousand of you, our revenues have gone up and we did, actually, make a tiny, debut, profit last month. Hooray! But perhaps you are reading this article sitting outside all walls and have not signed up for full access at just £5.99 a month HERE. Just think what you are missing…

Neil Woodford - where, oh where are the Immunocore accounts for FY17?

Published 321 days ago

Woodford Patient Capital Trust (WPCT) held, as at 30 September, 4.95% of its gross funds in unlisted healthcare stock Immumocore. I say gross funds because WPCT has taken on rather a lot of debt over the last while – presumably because Woodford ran out of cash and still had too many hungry mouths to feed. If the entire portfolio goes a load higher then of course being leveraged is a good thing. Unfortunately, it is a bad thing if the portfolio keeps of falling in value.

Notes from Underground: Chris Bailey is #1 three weeks in a row (misleading headline)

Published 321 days ago

What are your Sunday rituals? The most reliable one of mine is a phone call from Tom demanding to know where this column is.

The Northland meltdown – 28 stocks that could get slung off AIM

Published 323 days ago

Northland yesterday ‘fessed up that it would be surrendering its Nomad license on 1st February. If you think that this “surrender” is a voluntary act you are the sort of person Nigerian Generals dream of adding to their email list. So 28 clients need to find a new Nomad to take them on and complete due diligence PDQ as DD takes a while and the Christmas holidays beckon. No new Nomad and the companies below will be slung off AIM.

Earthport – Chairman & former CEO retire “with immediate effect” just last week… Now “accounting errors”!

Published 324 days ago

Shares in payment network company Earthport (EPO) had already more than halved in price over the last year and now a “Restatement of Fair Value Adjustments” announcement – and they currently down a further nearly 9%, to 7p, in response…

Tom Winnifrith Bearcast: resolving the Barclays affair & a day of spoofing

Published 324 days ago

I start with the final part of my story of battles with the bastards at Barclays (BARC). Then I cover Wishbone (WSBN), shares we own, Online Blockchain (OBC), shares I'd rather eat my own toes than own, MySquar (FRAUD), Conroy Gold (CGNR), I3 Energy (I3E), Catenae (CTEA) and Oilex (OEX).

When related parties are dumping shares at a 75% loss in 4 months you know you should panic – ref MySquar

Published 324 days ago

On 23rd October as oily and unpleasant PR man Piers Pottinger, now the face of the fraud MySquar (MYSQ) as its chairman oozed up to do a paid for share pump interview with Proactive it was announced that Mypay Limited, a related party thanks to links to the criminal family of ex CEO Erik Schaer, had sold shares so it no longer had a notifiable interest. A week later the company did a bailout placing at just 0.35p. It gets worse.

Tom Winnifrith (more bad language) Bearcast: Update on the bastards at Barclays and hard questions for SP Angel and my old pal Jim Mellon

Published 326 days ago

Warning there is plenty of bad language in the podcast - perhaps do not play it in front of the kids. I start with an update on those bastards at Barclays (BARC) who I discussed yesterday. I then look at Victoria (VCP), Jim Mellon's Port Erin (PEBI), two SP Angel dogs MySquar (FRAUD) and BjueJay Mining (JAY) and have new and serious questions for the shamed Nomad to consider. I look at Frontera (FRR) and its looming bailout placing, at Ascent Resources (AST) and at Rainbow Rare Earths (RBW). I also discuss the market sell off commending a reader who notes both my genius and my modesty on this matter.

The fraud MySquar gets bailout placing away at just 0.35p – the end is nigh

Published 326 days ago

Back in July 2017 MySquar (MYSQ) misled investors massively about its current trading and thus committed blatant securities fraud in raising £1.2 million  at 3.75p. It stated then that it “does not expect to require additional funds for current operations.” That was a lie. Since then it has raised millions via death spiral funding but with liquidity drying up and the share price tanking it has now raised just £600,000 gross at a pathetic 0.35p. Ouch. It gets worse.

Patisserie Holdings can still sell you a mean cake

Published 328 days ago

After everything that has happened to Patisserie Holdings (CAKE) in recent weeks, it is of little surprise that today's deadwood press includes an article about a potential bidder for the business: 

Notes from Underground - Is it an opportunity or a retreat?

Published 328 days ago

Looking at the leaderboard this week, I find it interesting - after a few days of plummeting share prices - that the most read articles are on prosaic things: clothing, hotels, real estate, and minerals.

The UK Audit industry is in crisis – time for the FRC to act

Published 329 days ago

Many years ago the appearance of the company’s auditors on site would send shock-waves through the work-force. Everyone would do absolutely everything by the book and mind their Ps and Qs – and breathe a sigh of relief when the bean-counters departed the scene, according to my late mum who spent a youthful period out of school working for Guinnesses in Dublin.   

Tom Winnifrith Bearcast: on Oxi day why conman, cheat and lying fraudster Darren Winters loves the EU

Published 330 days ago

It is Oxi day here in Greece and I explain the historic context of that which brings me to why the EU has enabled conman Darren Winters to keep cheating the vulnerable and parting them from their money. I then look at Crawshaw (CRAW), Blue Jay Mining (JAY), Great Western Mining (GWMO) which is the ultimate penny dreadful, SalvaRx (SALV) and VR Education (VRE). And I should warn my old pal, the offshore based asset stripper, Jim Mellon that I have more bad news for him over the weekend.

Exclusive: Julie Meyer vs Henry Gewanter: when you tell enough lies eventually you confuse even yourself!

Published 330 days ago

You may remember that PR man Henry Gewanter has taken Julie “Lingerie on Expenses” Meyer to court over unpaid bills. On 2nd August Gewanter won his case because Ms Meyer simply failed to file a defence. But now using the firm of Shakespeare Martineau, her 19th lawyers, most of the other 18 having failed to receive payment, Ms Sex Toys on expenses has struck back in her own, typically mendacious, way….

Britain’s most loathed businessman Sir Philip Green accused of #Metoo Sexual harassment, racism, bullying & gagging victims and the press

Published 331 days ago

The Daily Telegraph has been on this story for eight months but Britain’s most loathed businessmen has used his vast wealth to take out legal injunctions stopping the press from publishing details. However that has been blown apart by Lord Peter Hain of sleaze using Parliamentary Privilege  to name Green and Hain’s comments can now be reported. The scumbag former Labour minister has for once in his life done the decent thing and told the House of Lords today:

Mayan – this stinks! Top analyst Zac Phillips on what is a monumental scandal

Published 331 days ago

The Deloro affair should have seen more heads roll at Mayan Energy (MYN). That it has not just shows what a regulatory joke the AIM Casino has become. Over to the City’s No 1 oil analyst Zac “the knife” Phillips of shamed Nomad SP Angel of MySquar (FRAUD) infamy. Zac, who may be shite at Latin but knows his oil, opines:

Is the Finncrap IPO a sign that AIM is doomed

Published 332 days ago

Today brings news that FinnCap, Finncrap to its friends, the biggest AIM Nomad and broker is to buy Cavendish Corporate Finance, the corporate advisory firm run by pompous Tory Lord Leigh, who claims to speak for ordinary shareholders but is actually a City fat cat like the rest of them, and that the combined business will itself list on the casino in December. Is this a sign that AIM is headed into irreversible decline?

Fuck Yu! Shares crash 80% as accounting review commences. Uh oh….. surely this is another £12m of AIM fraud?

Published 332 days ago

AIM-listed Yu Group (YU.) only joined the Casino back in March 2016, via a placing at 185p. Since then it has been a one-way street for shareholders, with the stock rising to a peak of over £14 in March of this year. And then the Finance Director resigned…..

MySquar – update on the fraud case Disgraced Nomad SP Angel thinks you had no right to know about

Published 332 days ago

The founder, until two weeks ago CEO,and sole plate spinner for the fraud MySquar (MYSQ) was Eric Schaer. We know that MySquar lied repeatedly to its mug investors and committed securities fraud so the fact that Schaer stands accused of another $8.5 million fraud is something disgraced ninth rate Nomad SP Angel should have advised us about via RNS. Natch it turned a blind eye. So how’s the case going and why does it matter to the poltroons who still own this stock.

Tom Winnifrith Bearcast: For whom the bell tolls, MySquar & IQE

Published 333 days ago

Today's podcast is from my portable studio in Greece, today parked in the rain at Kalamata marina. Today I look at MX Oil (MX), MySquar (FRAUD), IQE (IQE) and Urals Energy (UEN).

Tom Winnifrith Bonus Bearcast - PWC fined £7m over Redcentric but why let the real criminals escape? are we serious about tackling fraud?

Published 335 days ago

The Sunday Times has been leaked news that the FRC is fining PWC and 2 audit partners over the Redcentric (RCN) scandal which we covered and, indeed, helped to expose as you can see HERE. But the real villains are not the bean counters. I name who they are and ask if the UK is really serious about tackling white collar crime? I suggest that it is not and have a few suggestions to change that.

Notes from Underground - Cake, will you do the honour of making my stomach the happiest bag of acid in the world?

Published 335 days ago

Clearly, the topic that brought loads of people into ShareProphets this week was  Patisserie Holdings (CAKE). It makes you wonder why this alleged fraud captures the interest of the mainstream media but the Globos and Folly Follies and Quindells do not. Is a high street presence what stops a scandal from being reported or not?

First Derivatives - are its reported earnings real? After 20 years is KPMG sure?

Published 338 days ago

A few days ago I showed hard evidence that the 2002 IPO of First Derivatives (FDP) was based on false earnings. That was dismissed by supporters as being so long ago that it did not matter. It does! But how about we move to the issue of whether reported earnings in the past three years are "real" or cooked up. I suggest it may well be the latter in which case the stock is going to tank at some stage, soon, when investors realise this. Let me explain...

Breaking: Disgraced Nomad SP Angel taking over Northland in rescue "merger"

Published 339 days ago

Disgraced Nomad SP Angel has clearly made enough money from acting for frauds like MySquar (MYSQ), and overlooking blatant criminal actions there, that it can afford to ride to the rescue of its weaker brethren. The word on the street is that Northland Securities is set to announce it has been bailed out by MySquar's nomad.

Stockmarket crash performance update: start of 2018 shorted AIM shares

Published 340 days ago

Early this year we showed Shorted AIM shares at the start of 2018. After the recent market slide and compared to late August, how's the latest performance?...

The fund manager who defended the Globo fraud to the end weighs in to bat for First Derivatives

Published 340 days ago

We pointed out numerous red flags at Globo (GBO) for two years before finally sinking the fraud by publishing Gabriel Grego’s dynamite dossier but some folks knew better. In the fund management community the fraud’s biggest supporter was Harry Nimmo of Standard Life whose fund (other folks cash) were on the register to the bitter end. Harry was a true Globo believer. Now he has weighed into bat for First Derivatives (FDP) which has also, arguably, committed fraud as we revealed HERE.

Tom Winnifrith discusses Patisserie Holdings fraud with Kelvin McKenzie on LoveSport Radio

Published 341 days ago

Kelvin McKenzie is a major hero of mine. His Sun front page Gotcha! with a picture of the Belgrano sinking was his finest moment on Fleet Street so it was a pleasure to be a guest on his radio show today. My section is about 20 minutes in

Tom Winnifrith Bearcast: A German Deal for Purplebricks - the land of milk & Hun-ny?

Published 341 days ago

First things first - we have almost raised the £2,500 needed for the Woodlarks Christmas grotto. I am sure you can spare a fiver to get us over the line HERE. Secondly, I am in London tomorrow and on the warpath and hope to see many of you HERE.  I was distracted today doing a radio interview with my friend and hero the great Kelvin McKenzie of "gotcha!" fame. That covered Patisserie Holdings (CAKE) and fraud and I continue with that theme. I also look at Superdry (SDRY), First Derivatives (FDP), Frontera (FRR) and Purplebricks (PURP). 

Shenanigans at First Derivatives Don’t Look Good. Sell

Published 341 days ago

I doubt that there was the slightest sense of embarrassment at last week’s AIM awards (a ghastly sounding knees up for the world’s seediest stock market) when First Derivatives (FDP) picked up two gongs: Best Technology award for the company itself and Entrepreneur of the Year Award for its founder and CEO Brian Conlon. Presumably these awards were decided well before First’s price tanked amid some serious concerns being raised and the organisers, in true AIM style, were too gormless to think on their feet and give them out to a less dodgy enterprise.

Frontera clarifies that it could be a zero but the stupidest investors on planet earth somehow see this as good news

Published 341 days ago

Frontera Resources (FRR) has been forced to issue a clarification statement about the Cayman Islands legal case that could see it lose all its assets and go to zero. I suspect AIM is forcing its hand here, concerned that the stupidest shareholder list on this planet are just not getting the message.

What I learnt from the Patisserie Holdings shocker

Published 342 days ago

A few days ago I mused upon occurrences at Patisserie Holdings (CAKE)  which I did not own shares in but intrinsically I liked...especially as a customer.  It seems to me that my gut feel back then that the combination of a skilful fraudster, poor internal controls and a professional lack of duty from the auditor all contributed.  As Luke Johnson - Chairman and biggest shareholder - noted in an article in lieu of his Sunday Times column this week: 

Sunday Long Reads: Finding the new banana, Defrauding $12 million, Bitcoins and Zombies, When to Heil, London's Playboy photographer

Published 342 days ago

Is there anything better than sitting back and reading a well-written article on a lazy Sunday? Every week ShareProphets features some long form journalism that you'll find of interest. Grab your cuppa and enjoy these five articles.  

Notes from Underground - Would you like some pepperoni on your Nanny State?

Published 342 days ago

When I was a child in the 70s, my family had a Vauxhall Envoy (You could buy British cars in Canada, then.) The distinguishing feature was that the back doors had a tendency to fling open when it rounded a corner. My dad told my brother and I to make sure we sat in the middle of the back seat.

Patisserie Holdings still has a chance to recover

Published 343 days ago

With any company where there has been fraudulent activity you have to consider whether there are more skeletons in the cupboard which could cause a further freefall in the share price when they emerge.

AIM Focus: Broker and Tipster Sentiment

Published 343 days ago

It’s been an eventful week on AIM. Patisserie Holdings’ (CAKE) announcement of “significant, and potential fraudulent, accounting irregularities” on Wednesday blindsided the investment community. Urals Energy (UEN) is comparatively smaller, but the company’s discovery of an unauthorised loan made with its funds – meaning the firms “working capital position will be significantly constrained” – brought some more unwanted bad press; UEN shares slid 31.3% since the announcement. With AIM firms making the news, we take at the current state of broker and tipster sentiment towards AIM over the last 30 days.

Sosandar – a pissed-off bull speaks!

Published 344 days ago

I continue to hold a small parcel of shares in AIM-listed Sosandar. I had been hoping to offload a few more at 50p but in the wake of a placing at 32p and the market sell-off that seems somewhat optimistic for some time to come. Tom Winnifrith sold all his shares some time ago and has commented on the update from the company and the placing at 32p HERE and HERE. So I thought I would throw my 2p worth in as well.

Roger Lawson on house prices and Telford Homes – he is actually quite funny (and, on this occasion, right)

Published 345 days ago

I never had Roger Lawson of Sharesoc down as a natural wit but I did chuckle when I read his comments on Telford Homes (TEF) and London/UK house prices. He is bang on the money, echoing exactly what I said in bearcast yesterday.  Anyhow back to Roger “it’s the way he tell’s ‘em” 

Tonight’s AIM awards Black-tie Dinner will nauseate more than ever but will a hat-trick of wins for First Derivatives expose this sham to one and all?

Published 345 days ago

I cannot remember the last time a Northern Ireland player scored a hat-trick in an international. But tonight I am hopeful that Belfast’s finest, First Derivatives (FDP), will pick up three gongs at the annual AIM Awards crony capitalists bean-feast and do the six counties proud. Heading the charge is CEO Brian Conlon who is short-listed for “entrepreneur of the year” sponsored by Octopus Investments. The Judges will have ruled on that before we pointed out that his whole IPO was based on a fraud. It gets better…

Minoan serves up 'unusual' AGM statement - keep holding

Published 345 days ago

Tom Winnifrith writes: Held at the offices of morally bankrupt, journalist smearing, lawyer bastards Pinsent Masons, aka an ethics free zone, the AGM from Minoan (MIN) contained a statement from boss Christopher Egleton which can best be described as “unusual”...

Tom Winnifrith Bearcast: Luke Johnson's Cake and the (is it £20m) fraud, a few thoughts

Published 346 days ago

In today's bearcast I start with a look at Patisserie Holdings (CAKE) run by my pal Luke Johnson and I discuss the nature of fraud. I look at Sosandar (SOS) again and get really very angry (warning bad language alert), at FastJet (FJET), Telford Homes (TEF) and the folly of Government policy, Online Blockchain (OBC), and at Urals Energy (UEN) and the folly of the AIM Cesspit.

Patisserie Holdings - let them suspend CAKE

Published 346 days ago

Just when you think you have seen almost everything the market could throw at you...news today that Patisserie Holdings (CAKE) shares are suspended after 'the board of directors of the Company...has been notified of significant, and potentially fraudulent, accounting irregularities and therefore a potential material mis-statement of the Company's accounts'. Well we know what majority shareholder and Chair of the company Luke Johnson will be coordinating for the next few days, if not weeks and months…

Tom Winnifrith Bearcast - Versarien is 11p away

Published 347 days ago

In today's bearcast I look at the idea of a bear market on AIM, Cenkos (CNKS) as its CEO walks (again), Versarien (VRS), Plutus Powergen (PPG), First Derivatives(FDP), Mysquar (FRAUD), Mayan (MYN) and Wolfe Minerals (WLFE). Due to a bit of a mix-up there are a newly available handful of tickets to next week's wine, canapes, Falanx (FLX) and Premaitha (NIPT) evening in London with me ripping Dominic Frisby apart on blockchain and bitcoin as a bonus. To grab your seat for 16 October book HERE

MySquar – the fraud is now unravelling fast, the money's almost gone - target 0p

Published 347 days ago

This morning I have been berated on twitter by a self proclaimed “AIM expert” who reckons that MySquar (MYSQ) is the next big thing. I can only assume he is a stale bull desperate to get out as this fraud is unravelling apace. Wind back to last Friday at 4.30 PM, no-one is watching O Clock, when the company served up a trading statement.

First Derivatives – another curious deal: 1010 Data

Published 347 days ago

In a weekend bearcast I flagged up that the real issue with First Derivatives (FDP) is that its core business is a rotten generator of cash. And that – as well as the fraudulent IPO and dodgy related party deals is why the shares ( off again this morning to £28.35) remain massively overvalued.  So what do you do if you are set to report dire free cashflows? Natch turn to the Sam Antar playbook – meet 1010 Data   

A blast from the past: Chris Foster & Alpha Prospects, the story’s repeating itself and hoodwinked investors will meet their Waterloo once again

Published 348 days ago

Much of the background to this can be found in my articles here.  As a quick recap: Chris Foster was Tim Baldwin’s sidekick at TXO.  One of the things they wasted shareholders money on (apart from obscene directors’ fees) was backing Mad Malc Bendall’s (vision from God showing him lakes of oil under Tasmania) utter farce as he tried to keep hold of his licence, which he claimed was worth $3 billion.  When TXO’s Nomad (Northland) finally resigned, there was another Nomad prepared to take the company on and save the AIM listing, but that was conditional on Tim and Chris resigning.   They refused to resign and the rest is history, along with any hope their trapped shareholders had of seeing any of their money ever again.

Is Tesla this decade's Lehman Brothers? Is it already in accounting hell? I vote Yes!

Published 350 days ago

US fund manager David Einhorn is having a fairly dismal 2018 but his long term record is good and his biggest short, Tesla (TSLA) is paying off. In his latest missive to investors he compared pothead liar Elon Musk's fraud to Lehman Brothers. Can you really argue with a word he says?

BlueJay Mining & the looming date with destiny

Published 352 days ago

Yesterday saw yet another decline in the share price of Blue Jay Mining (JAY) and that has continued this morning. This is perhaps the biggest small cap mining promote seen in recent years but reality is starting to dawn on the mug punters as they consider the options the company now has going into 2019 absent an offtake agreement, EIA & SIA approval and the all important Exploitation licence.

Notes from Underground: Fraud Follies

Published 356 days ago

Part of the problem with the mainstream press these days is the lack of follow-up. Sure, they love to blow the latest scandal out of all proportion but weeks or months later when the authorities have delivered their reports, they have moved on to the next thing.

The beginning of the end for pothead liar Elon Musk and Tesla - the SEC Swoops

Published 358 days ago

The Securities and Exchange Commission, the SEC, has announced that it is to sue Elon Musk and Tesla (TSLA) for fraud and wishes to bar the pothead liar Musk from running a public company The news saw the shares tank by $37 to $270 in after hours trading but this is just the beginning of the end for the porky pie merchant and his out of cash and drowning in debt company.

Folli Follie – ouzo time mega fraud confirmed in detail

Published 359 days ago

It was not that long ago that burly security guards from Follie Follie were trying to grab my camera and chasing me as I door-stepped the company at its HQ 20 miles North of Athens. I guess they are unemployed now as forensic accountants Alvarez & Marsal have now published a report showing the massive fraud we and, more particularly, Gabriel Grego alleged was indeed true,.

Tom Winnifrith Bearcast - happy 6th anniversary Sheriff, we'll fight them on the beaches, in the High Court etc

Published 362 days ago

In this podcast I discuss the anniversary, today's DOS attack and how I respond. I look at the terrifying proposals to steal your cash coming from the Labour conference and I discuss Optibiotix (OPTI), FastJet (FJET), BCA Marketplace (BCA), TrakM8 (TRAK) and the fraud Eden (EDEN). I also look at brokers such as FinnCap giving away free propaganda reports, I mean research, on corporate clients.

ShareProphets under cyber attack – thank you for your support: we will not be silenced

Published 362 days ago

I wonder who we have annoyed with a recent article & a promise of a stream more in the coming days and who knows all about tech and who has a history of using dirty tricks against opponents on the internet?

Bye-bye Draganfly - another stink the AIM Casino does not want you asking questions about

Published 362 days ago

Shareholders in (now formerly) AIM-listed Draganfly (DRG) were treated this morning to news that the company has been given the AIM-Casino heave-ho as of 7am. Of course, ShareProphets readers were warned two years ago and twice more since that this run’n’coke was one for the asbestos suit and a very long bargepole – see HERE, HERE and HERE.  I guess an ouzo is in order….

Two shares that tipsters are avoiding in 2018

Published 363 days ago

Last month Stockomendation reviewed the companies with perfect broker and tipster ‘buy’ ratings so far in 2018. This week, we take a look at the opposite side of the spectrum, and identify the two companies with the highest proportion of ‘Sell’ or ‘Avoid’ tips so far this year.

Victoria - lessons From my Carpeting & again a sell

Published 367 days ago

“Drunken Sailor” commented to me a few days ago; I would find it useful if you could do occasional reflective pieces on ones that go wrong and any lessons to learn from them.” OK Drunken. Here goes…

Winnileaks strikes again: Frontera (again) lies to and misleads investors over Yorkville – when will its Nomad force it to tell the truth?

Published 367 days ago

Yesterday Frontera Resources (FRR) received a second lawyers letter from convertible loan note provider Yorkville in regard to the $2.65 million outstanding debt on which it is now in default. The letter accused Frontera of lying to investors.  Frontera has not disclosed that letter, or its contents nor has it repaid the sums due to Yorkville Instead it has issued another RNS which is simply misleading. It is doubling down on lying and apparently Nomad cairn is fine with that?

Tom Winnifrith Bearcast - i3 Energy and its jv, Id be feeling sore if I backed the placing on the back of that claim, wouldn't you?

Published 368 days ago

It has now emerged that Brokerman Dan attacked what he thought I said about Angus Energy (ANGS) without actually listening to what I actually said despite us giving him a 24 hour pass for bearcast access. He spouts an awful lot of piffle in his latest article but declines to print corrections. Poor Dan. Oddly on one major point he is almost correct. Moving on, I also look at Cenkos (CNKS), Frontera (FRR), Rosenblatt (RBGP), i3 Energy (I3E), MySquar (FRAUD), Online Blockchain (OBC) and Kellan (KLN).

Frontera Resources falls out with Yorkville which calls in $2.65m debt – it is fecked, will Nomad Cairn walk?

Published 369 days ago

In the end the chaps at Nomad Cairn walked from Cloudtag (CTAG) when it was clear that it was a fraud run by liars. Frontera Resources (FRR) is a shit show run by liars and a fallout with death spiral provider Yorkville (YA) today could be the final straw for Cairn – might it resign leaving the (worthless) shares suspended? Or will Frontera just go bust?

Tern – more cash to bottomless pit Device Authority

Published 372 days ago

AIM-listed jam-tomorrow investment company Tern (TERN) has announced, as predicted HERE, yet another loan to its principal investee company, Device Authority (DA) – this time for $525,000 (around £400,000) which, we are told, is repayable on 31 December 2018 or convertible into shares if DA ever gets a fundraising away.

TrakM8 AGM – another day another profits warning on the way

Published 374 days ago

My long term bearishness about TrakM8 (TRAK) a company that issues misleading RNS’s, makes ludicrous acquisitions as it racks up its debts and never translates profits (a matter of opinion) into cash (a matter of fact, unless you are an AIM China fraud) is well documented here.  Of course,  Thirsty Paul Scott had cosy chats with the management and knew better than a "nutcase of the first order". Today the shares have tanked to a new multi year low after another dire statement.

Elon Musk's biggest fan in Greece updates his facebook page - crime does pay for Costis the Globo fraudster

Published 376 days ago

Elon Musk might be forgiven for thinking that few in the business community still love him. But he does have fans. Step forward Costis Papadimitrakopoulos the founder and CEO of Globo (GBO) which raised tens of millions of dollars in debt and via issuing shares on AIM and claimed to have net cash but er... did not. It was a fraud and Costis took stacks of that cash and also sold all his shares before the balloon went up after being tipped off by snot gobbler Dan McCrum of the FT. Anyhow Costis has been busy on facebook updating his profile last month as you can see below.

Tom Winnifrith Bearcast; The fraudsters face lapdog journalist Harrington is at it again & the definition of stupidity

Published 377 days ago

Ben Harrington has another tale about Telit (TCM). Truly the fraudsters favourite journalist is a stain on an entire profession. So what to read into this latest Jackanory? Meanwhile some of those attacking me on twitter, after a Steve Holdsworth tweet in support, display almost the classic definition of stupidity. They will, I fear, remain in social housing with this approach. I also discuss Boris, shagging and nasty smears by wretched Theresa May.

Cometh the day, cometh the man: we call on king fraudster Sam Antar to save Tesla and become its new CFO

Published 378 days ago

It seems that after just a month in situe the chief bean counter for the fraudsters who run Tesla (TSLA) has decided that he’d rather not earn $10 million and has quit. A great American company is in trouble and there is only one man who can save it. Today we launch a campaign to draft in Sam Antar as the new CFO of Tesla and if you are on twitter here’s how you can help.

Beer & Popcorn time: The man who backed the Quindell fraudsters moves to oust Insider dealer Yosi Fait from Telit

Published 379 days ago

Davide Serra is a man with a track record of terrible calls. For starters he was pals with call Me Dave Cameron. Then he stuffed other folks cash – the funds he manages – into Quindell and sent pompous missives to the FCA demanding that we fraudbusters who were pointing out the blatant fraud be hung drawn and quartered. Quite simply Serra is a fool and a prick. Natch he has bought up 5% of Telit (TCM), the company founded by the US mortgage fraudster and fugitive from justice Oozi cats, nee Uzi Katz.

A Letter to Marcus Stuttard and AIM Regulation – suspend Andalas now and stop the bailout placing

Published 384 days ago

Almost out of cash, Andalas Energy (ADL) is gearing up for a bucket shop placing c/o joint bucket shop brokers Novum Securities & Optiva in the usual way: a ramptastic podcast with PR genius Steffi, 2 ramptastic RNS announcements and a ramptastic paid for podcast with Vox.  The trouble is that its claims have now been directly contradicted by its partner in the North Sea Badger field, Atlantic Petroleum (see HERE). If it turns out that Andalas was making unverifiable fantasy claims, as it appears, and raises money at an artificial price on the back of that, this would be a clear case of Securities fraud. In order to stop that the shares must be suspended at once pending a statement.  I have written to the fake Sheriff of AIM, Marcus Stuttard at AIM Regulation as you can see below.

Tom Winnifrith Bearcast: the mounting Andalas Badger scandal, a real test case for the AIM Casino

Published 385 days ago

Today I explained HERE the mounting Badger scandal at cash-strapped Andalas (ADL) as it gears up for a bailout placing. In this podcast I explain why all involved should be concerned that they are not party to Securities fraud, notably Nomad Beaumont Cornish and broker Novum Securities - home to scallywag Gavin Burnell of Globo (GBO) infamy. This is a real test case for the integrity of the AIM Casino and I explain why.

Watchstone Group – H1 results argue “making good progress”. Really? And what’s the Rob Terry latest?

Published 387 days ago

The former Quindell of Rob Terry infamy, Watchstone Group (WTG) has announced results for the first half of 2018, including on outlook “we are making good progress in developing the underlying quality of our businesses and their long term value whilst simultaneously resolving the group's legacy matters as efficiently as possible. We remain confident of a satisfactory ultimate outcome for our shareholders”. Hmmm…

Sunday Long Reads :Doomsday investing, Hacked SEC releases, rigged Monopoly games, Killing for vanilla, and a Lost Soviet family

Published 391 days ago

Is there anything better than sitting back and reading a well-written article on a lazy Sunday? Every week ShareProphets features some long form journalism that you'll find of interest. Grab your cuppa and enjoy these five articles. 

A Letter to AIM Regulation: Is SP Angel fit and proper to act as a Nomad (and should the FCA investigate it as well)

Published 394 days ago

Enough is enough. Yesterday John Meyer, a senior manager and large shareholder in SP Angel went onto Justin the Clown’s podcast to ramp corporate stocks such as Blue Jay Mining (JAY) without declaring an interest – his employer earns vast fees from Blue Jay as its Nomad and broker. But this is the least of SP Angel’s crimes and I wonder if its conduct over Blue Jay and MySquar (MYSQ) is, if not blatant market abuse, simply bringing the AIM Casino into disrepute. I have written to Marcus Stuttard, the head of AIM Regulation, demanding an immediate investigation into whether SP Angel should retain its Nomad license.

Pathfinder Minerals: was shamed Nick Trew fired? Did he get a payoff for failure (and worse)? What about the disgraced Tory MP Sir Henry Bell-end?

Published 397 days ago

After years of earning £170,000 as a reward for being a total disaster as CEO of Pathfinder Minerals (PFP), the new board has taken just ten days to part company with Nick “not for the many but for the Trew” but massive questions remain.

Which two AIM Companies have been fined and given (pointless) private censures for breaking the rules?

Published 402 days ago

As well as the public censure and fine announced yesterday for MBL Group (MUBL) two AIM Cesspit companies were fined and given private censures by the clowns at AIM regulation. But who are the naughty boys who misled investors and market and what does waste of space AIM Regulation boss Nilam Statham hope to achieve by this?

Tom Winnifrith Bearcast - I doff my cap to Jim Mellon but caveat emptor

Published 403 days ago

In today's bearcast my mind is a bit elsewhere as I explain HERE. But I cover SalvaRX (SALV), Optibiotix (OPTI), the fraud MySquar (MYSQ) and Falanx (FLX).

Is Gavin Burnell the most expensive teaboy in the City – what exactly does he do at Novum?

Published 403 days ago

Prompted by a reader I wonder exactly what Gavin Burnell of Globo infamy is doing round at Novum Securities these days?

ShareProphets Tern poll results vs BBMs: the BBMs win (for now)

Published 404 days ago

Our reader poll last Monday asked you where shares in AIM-listed Tern plc (TERN) would end the week. The answer was...

Leading bear raider Marc Cohodes accused of market abuse by Canadian regulator – a stick to beat ALL bears?

Published 407 days ago

Leading short seller Marc Cohodes has been banned by the regulator in Alberta, Canada, from trading in shares in Badger Daylighting Ltd and has also been prohibited from disseminating to the public any statements relating to Badger that he knows or reasonably ought to know are misleading or untrue.

Pathfinder Minerals: Drain the Swamp Time - Fire Nick Trew now!

Published 407 days ago

We have news today that Pathfinder Minerals (PFP) has a new Nomad and broker in Strand Hanson and two new directors in Simon Farrell and Scott Richardson Brown. The former becomes non exec chairman replacing disgraced Nick not for the many but for the Trew but, Trew remains on the board. This is not good enough. It is time to drain the swamp. And it can be done at once. Here's why.

Julie Meyer - her new flagship - its also insolvent surely - new Companies House Filing

Published 408 days ago

With former flagship Ariadne Capital Limited in administration and Julie "Lingerie on expenses" Meyer facing serious questions about that, Vince Cable's fave entrepreneur has to find a new flagship to stand behind her joke annual conference, this year to be held, to the dismay of local regulators, in Croatia. It would have been Ariadne Capital Group Limited of Malta but what with it facing regulatory probes, having no cash and with the criminal charges against Meyer in Malta that is perhaps not suitable. So Meyer has suggested her new flagship is Viva Capital LLP, formerly the company that booked her speaking fees. Problemo!

Tern – “Updated Director Information” = WE LIED

Published 408 days ago

Another day and another shocking disclosure from AIM-listed Tern plc (TERN). Yesterday, at 3.10pm, after releasing details of two director buys which were trivial and showed Tuesday’s news of Device Authority’s elevation to “2018 Emerging Star” to be just a ramp (or insider trading by the chairman, take your pick!) we were told that disclosures in relation to two directors of the company had not been entirely truthful: the published directorships of the two had omitted not just the odd one which might have slipped the mind. No, it was TEN!! More to the point, it was ten insolvencies which should have been declared when they were appointed – and a further two which should have been disclosed after appointment.

BlueJay Mining - the 1 simple question SP Angel refuses to answer - why?

Published 409 days ago

My patience with BlueJay Mining (JAY) and its Nomad and broker SP Angel is now wearing thin. Yesterday I explained how the two grotestquely misled investors with an RNS. I have emailed John Meyer at SP Angel today with a follow up question which he and his firm just seem unwilling to answer. It is a critical question and the silence is deafening.

Tern – trivial director purchases show yesterday’s news was just a ramp

Published 409 days ago

AIM-listed Tern (TERN) has announced that two of its directors have been purchasing shares. Normally one would pay attention, but there are good reasons to see through this as just a spoof.

After the ouzo, what now for Tern? And what about InVMA?

Published 412 days ago

It seems as though AIM-listed Tern has been found out – and not for the first time. Having had my traditional ouzo, the question is what happens next. And while we are at it, what about its investments into InVMA?

Tern – “clarifies”. Has it committed securities fraud, or does it just stink?

Published 414 days ago

Shares in AIM-listed Tern plc (TERN) are down sharply this morning by 20% (last seen) on a clarification from the company regarding its principle investee Device Authority. In short, forecasts were, shall we say, a tad optimistic. That, in the wake of a placing at 26p. Perhaps some kind person can explain why that might not amount to securities fraud, for as a humble non-lawyer all I can say is it stinks.

Globo – Grant Thornton is not off the hook despite the FRC dropping investigation

Published 418 days ago

Globo (GBO) was a fraud which claimed to have cash but did not and is now bust.  Its downfall was precipitated by ShareProphets publishing a Gabriel Grego dossier after the FT and snot-gobbler Dan McCrum merely tipped off the CEO allowing him to dump all his shares and failed to publish. Now the Financial Reporting Council says that it is letting auditor Grant Thornton off the hook and dropping its enquiry.

Folli Follie… Some people are on the pitch, they think it’s all over….it is now! (Almost)

Published 424 days ago

It seems like just yesterday that burly security guards tried to grab my camera forcing me to flee as I tried to doorstep the 1 billion Euro fraud Folli Follie at its North of Athens HQ. Since then the shares have been suspended, a criminal enquiry began, the former auditors have admitted that 2017 accounts were pure fiction and now… Folli has put itself into the Greek equivalent of Chapter 11.

Notes from Underground: Investor Favourites

Published 426 days ago

Two investor favourites, Optibiotix (OPTI) and Versarien (VRS) comprised four of the top ten stories.

Folli Follie – the heart of the Greek fraud was, as expected, in China

Published 427 days ago

Another day, another release from fraud Follie Follie to the Greek Stock Exchange and, as we all suspected, it is the bogus Chinese operations that were at the heart of this fraud.

Tom Winnifrith Bearcast - The £172k court case Safestyle is keeping quiet about & why Chris Bailey's City pal is wrong

Published 429 days ago

I recorded this on my last night in Greece. As you listen I shall be starting the trek back to Bristol. I appeal to those yet to donate to the Woodlarks charity walk by myself, Lucian Miers and Brokerman Dan to donate HERE - we are at 69% of our £20,000 target and every cent pledged will make a difference. Thanks to a reader for spotting a court case involving Safestyle (SFE) which is utterly shocking - I reckon this makes the stock uninvestable. I then take issue with the analysis of a City pal of Chris "three brains" Bailey on the matter of fraud.

Folli Follie – now its own auditors admit that 2017 accounts were fiction..if it looks like a fraud, walks like a fraud

Published 430 days ago

Oh dear, I sense that in my adopted home of Greece there are a few folks heading for the slammer in connection with the Folli Follie Fraud which we helped Gabriel Grego to expose on this website. It seems like just the other day that burly security guards were chasing me away from its HQ North of Athens, as you can see HERE.

Now about that Cloudtag subsidiary wound up by the taxman a few days ago…

Published 431 days ago

Amit Ben Haim does not like to be at the helm when one of his enterprises goes belly up.  He always quits and leaves a gent called Massimo Ventimiglia to pick up the pieces. And hence we come to Cloudtag (CTAG) subsidiary CT Technology Services.

Telit & that disposal - still a sell

Published 433 days ago

After nearly a year of trying, Telit Communications (LTCM) has finally announced the sale of its Automotive business. This is to Hong Kong-listed TUS International for $105 million (£80 million), a long way shy of the £100-150 million being bandied around by the FT back in October.

ShareProphets RNS Translation Service: Mysquar calls a GM

Published 435 days ago

At 4pm yesterday, AIM-listed Mysquar (MYSQ) slipped out and RNS announcing that it was calling a General Meeting. It seems that the board is running short of shareholder authority to wheel out the printing presses to issue more worthless confetti. The ShareProphets RNS translation Service explains all (original in bold)

Tom Winnifrith Bearcast - Breaking news on the MySquar fraudsters

Published 437 days ago

I shall soon be on my first training walk in the 34 degree Greek heat. This is just a short five miler but on Friday I plan a 12 mile plus stroll of which the first five miles is solidly uphill. For that surely you can donate a tenner to the Woodlarks charity walk appeal HERE. In today's bearcast I look at MySquar (FRAUD) where I have breaking news, Audioboom (BOOM), Johnston Press (JPR), Safestyle (SFE), Telit (TCM), Conroy Gold (CGNR) and Indivior (INDV).

Tom Winnifrith Bearcast: Led badly astray by Evil Banksta and remoaniac Brexit loathing loon Jonathan Price

Published 438 days ago

Both men attended last night's UK Investor presentation and then plied me with drinks after the event and then at a pub. I rarely drink anything these days and I reacted very badly. God knows how I made the plane but, in the end, I did and woke up in Kalamata. A bit on last night and on Greece and then I look at Telit (TCM), Online Blockchain (OBC) where Clem Chambers' spoofing seems to be having less and less effect and finally the fraud MySquar (MYSQ). It is day two of the trial it wont tell you about.

Julie Meyer MBE caught telling high profile lies ( again) about her failing FTE2018 conference in Croatia

Published 438 days ago

After her disastrous FTE2017 conference in Malta where large numbers of bills remain outstanding after only 17 tickets were sold, Julie Meyer has had to move location for FTE2018 and it is the poor Croats who she will be stiffing over this time.  In a desperate - and failing – attempt to get both paying sponsors and paying ticket holders ( 2,500 Euro – bargain!) Ms Lingerie on expenses unveiled some new high profile speakers notably the two below Anuj Gupta and Randi Zuckerberg. Uh oh…guess what….

ShareProphets China AIM 'Filthy Forty' performance update – post half-year & Naibu fraud update edition

Published 439 days ago

Following the half-year point and China AIM fraud Naibu – NEDs who failed & took their geld now take Pinsent Masons & Daniel Stewart to Court earlier today, here's a ShareProphets China AIM 'Filthy Forty' performance update...

China AIM fraud Naibu – NEDs who failed & took their dosh now take Pinsent Masons & Daniel Stewart to Court

Published 439 days ago

At the last AGM of Naibu (NBU) before it was booted off the AIM casino I attended its AGM, held at the offices of its Nomad Daniel Stewart, and accused the company of fraud.  Only the NEDs were present - Chinese executive directors failed to show. As I asked about a loan to the CEO’s mum that had not been repaid, the NEDs said they were unaware of this.  I pointed out where the loan was referenced in the annual report and the NEDs said they would go away and investigate. They did not. Only when they stopped getting paid did these useless upper class twits start to ask questions. Wind forward to today and it is time to shift the blame.

Tom Winnifrith Bearcast - in defence of KPMG (well sort of)

Published 440 days ago

I start by looking back to where I watch the World Cup Final 4 years ago and where I will be watching the semi on Wednesday. When you have finished donating a tenner to Woodlarks HERE, this podcast covers the current scandal surrounding the big 4 and KPMG in particular. Sam Antar used KPMG in his 18 year fraud but is it fair to pick on one firm? Is the system inherently flawed? What would I do to make things better? 

Angus Energy boss Tidswell gets booted after Shareprophets exposes but is he now a shadow director?

Published 442 days ago

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…

How do you know Elon Musk of Tesla is getting desperate? Look at his attacks on journalists and analysts

Published 442 days ago

Ask a high quality fraudster like Sam Antar how to deal with critics in the media or on wall Street? It is easy. Do not give them the oxygen of publicity, ignore them and focus on what really matters: committing fraud. But Elon Musk of Tesla has a problem. To keep his cash guzzling baby Tesla going he needs to raise fresh debt and.or equity so tumbling bond and share prices matter and you can tell Elon is panicking. His latest outbursts show that. as you can see below.

Julie Meyer & Ariadne Industries – Court papers filed by Henry Gewanter today

Published 442 days ago

Perhaps, when you are on the run from the Maltese Police, being investigated by the SFO, FCA, MFSA and ActionFraud and be chased over unpaid sums dating back, in some cases more than a decade, by 3 banks, the IRS, HMRC, Maltese tax authorities and two folks with CCJs, another Court case is the least of your worries. But for Julie “Lingerie on Expenses” Meyer that new Court case came a step closer today. PR legend Henry Gewanter has filed papers.

Eqtec – dodgy Bercheva death spiral ended, now welcome to the world of structured finance!

Published 443 days ago

AIM-listed Eqtec (EQT) has announced a funding package this morning. The good news is that short-seller Bercheva - run by a convicted crook -  has been given the heave-ho from the death spiral facility, but the replacing loan deal seems to offer great terms to the lender and the accompanying placing is at a 35% discount. So what’s the upside for shareholders?

Boxhill Technologies: Is this the end of the road for Lord Razzall, Jackson and the gang?

Published 443 days ago

Today’s short but disappointing trading update from the jokers at Boxhill Technologies (BOX) could indicate that the past is beginning to catch up with these guys, particularly Phil Jackson. The share price has plummeted by 50% as a result. Let’s take a closer look.

Tom Winnifrith Bearcast - that Richard Jennings is a good man, Tony Baldry is not

Published 445 days ago

Say what you like about Richard Jennings of Align Research but, though he has his faults, he has made a very generous donation to the Woodlarks walk campaign and we are now 53% of the way to target. See just how generous and perhaps spare a tenner, as you consider my training walk in today's stifling heat, HERE. In the podcast I look at Great Western Mining (GWMO), Andalas (DOG), MySquar (FRAUD), IQE (IQE), Westminster Group (WSG) - run by loathsome slug and ex Tory MP Tony Baldry - and TrakM8 (TRAK).

Tom Winnifrith Bearcast: Supplying the IDF means Versarien can do no wrong in my view but...

Published 446 days ago

I am now fully recovered from yesterday's 27 mile training trek in the 30 degree heat - something I describe in full HERE. If you don't like me or the Israeli army or Versarien (VRS) and enjoy my suffering please donate to the Woodlarks charity walk on July 28 - we are now just £31 from 50% of our target fund raise. Be generous HERE. On the podcast today I look at Versarien, UK Oil & Gas (UKOG) where Lucian Miers is taking one hell of a beating from big Dave Lenigas, MySquar (FRAUD) - 7 days to courtroom drama - 88 Energy (88E) - you were warned - Mosman (MSMN)  and Frontera (FRR). I also look at new leverage limits on spread betting coming in on 29 July and what that means in nanny state Europe and the UK.

Tom Winnifrith Bearcast: after 27 fecking miles in the sun I must have sun stroke - defending a PR firm ( St Brides) & also Jim Mellon

Published 447 days ago

I feel like shite, hence the late bearcast. I managed it! 27 miles in the heat today has taken its toll. I am in real pain in all sorts of places. Enjoy that pain TW haters, revel in it and make a donation HERE I could have walked 32 miles today but did not - that treat awaits me and Brokerman Dan on July 28. He is training hard too. Enjoy his pain and please donate HERE. In the podcast I pass on market intelligence on Optibiotix (OPTI), discuss Cynical's massive expose on Kibo (KIBO) HERE and then leap to the defence of both a PR firm and the asset stripper Jim Mellon. It must be the sun...

Kibo Mining – Is this securities fraud or just plain old shoddy AIM behaviour?

Published 447 days ago

I’ve been following the Kibo Mining (KIBO) story for a while now watching Louis Coetzee continuing to fail to deliver the PPA at its flagship Mbeya power project but Friday’s announcement raised my eyebrows slightly higher than normal. In my view, it is either securities fraud or merely epitomises all that is wrong about disclosures and announcements and the roles of the various advisers at the lower end of the market.

Notes from Underground: Celebrate legal pot stocks

Published 447 days ago

I'm certain that all of you have today risen your morning tea in a toast to my homeland, Canada, on its 151st anniversary of existance.

Filthy forty Origo – reveals a true horror story. Ouzo? No thanks, I want the sick bucket

Published 448 days ago

I warned on Thursday that if you are still holding, one might be tempted to compare the benefits of that versus a bag of crisps. Following a flow of dire news, on Friday ShareProphets AIM-China Filthy Forty play Origo Partners (OPP) issued the most damning statements in its FY17 accounts, and the shares crashed by a horrifying 64%. It is truly horrifying. Step forward the investment adviser Origo Advisers (which more-or-less doubled as the company’s previous management), take a very special bow, please, Auditor BDO in Hong Kong. Take a turn, please, former Nomad Smith & Williamson. Normally at times like this I would be reaching for some of Tom Winnifrith’s Ouzo, but I can’t seem to let the sick-bucket go.

Oi Lyin’ fraudster Julie Meyer MBE cannot you find a single friend in London to be your partner at Viva Capital?

Published 449 days ago

As you may remember the lyin’, tax evading fraudster Julie “lingerie on expenses” Meyer MBE, currently avoiding the Police in Malta where she faces criminal charges, has tried to rebrand by dropping references to Ariadne ( her main ponzi empire) and promoting the name of Viva Capital LLP.  Uh Oh – a new problemo has emerged. Oh dear Julie…it never rains…..

BREAKING: Julie Meyer faces a whole new set of criminal charges in Malta: this time it is tax evasion. Oops.

Published 449 days ago

Facing a raft of criminal charges for not paying her employees, Julie  “lingerie on expenses” Meyer  MBE has now refused to attend five court hearings and indeed has fled the island for good to avoid the Police who are now charged by the Courts with locating her. I can reveal that it is about to get a lot worse for Vince Cable’s favourite lying fraudster as new criminal charges are brought.

Tom Winnifrith Bearcast - talking to one of the 3 X's for almost an hour

Published 450 days ago

The 3Xs are the fraudbusters best friends. In this case it was one of Julie Meyer's 3Xs and a new source. we chatted for just under an hour. More to follow. Oh dear, poor Ms Lingerie on Expenses MBE. In the podcast I look at UK Oil & Gas (UKOG), Purplebricks (PURP), Frontera (FRR), FastJet (FJET), MySquar (MYSQ) - where I have again contacted John Meyer urging him to get off his fat arse - Andalas (ADL) and Magnolia Petroleum (MAGP). The good news is that sponsorship of the walk I'm doing with Brokerman Dan for Woodlarks is now, with gift aid, at almost £11,000. I explain here why this walk makes the difference between Woodlarks having to cut services or carry on, please do give a tenner today.  Think of my pain - not least in having to hear Dan talk total bollocks about Andalas for whole day - and COUGH UP HERE.

Tom Winnifrith Bearcast: Sorry I made a mistake yesterday

Published 451 days ago

The mistake in yesterday's podcast was on Telit (TCM). In fact it is even worse than I thought! The good news is that sponsorship of the walk I'm doing with Brokerman Dan for Woodlarks has now topped £9,000. I explain here why this walk makes the difference between Woodlarks having to cut services or carry on, please do give a tenner today. This afternoon sees Joshua and I on another training walk, my second in two days. Think of my pain and COUGH UP HERE. In a long bearcast I predict that, after today's shocking news, FastJet (FJET) will be sold for £1 and explain why. I look at Havelock Europa (HVE), 88 Energy (88E), Lyin' Steve Sanderson's UK Oil & Gas (UKOG), Frontera (FRR), Andalas (DOG), Mysquar (FRAUD) and Audioboom (BOOM).

EXCLUSIVE: Winnileaks emails shows Julie Meyer taking assets out of Ariadne after administration

Published 451 days ago

Oh dear, poor Andrew Duncan at Administrator Leonard Curtis will not like this latest set of emails to drop into the hands of Winnileaks. Not one bit. Duncan was appointed on 18 December at which point Julie "Lingerie on expenses" Meyer MBE ceased to be a director and lost any say in the running of Ariadne Capital Limited (ACL). This devastating email thread is from January 2018.

EXPLOSIVE: Winnileaks strikes again – email evidence of Julie Meyer defrauding TWO sets of investors

Published 452 days ago

Another email from Julie “Lingerie on expenses” Meyer has arrived at Winnileaks and shows unequivocal evidence that she has been engaged in fraud. This is from August 2017.

Oi Julie Meyer, does the Ariadne administrator know you are using his property? He does now!

Published 452 days ago

When you are wanted by the rozzers in Malta on criminal charges,, being pursued by a range of banks and others over unpaid debts, being investigated by the FCA, MFSA, SFO, Action Fraud, IRS, HMRC and others, does theft of property from an administrator really matter? Well, clearly not for Julie “lingerie on expenses” Meyer MBE.

Julie Meyer seems to think it is Ariadne that is the toxic name and rebrands, Julie you are wrong

Published 452 days ago

I note that Julie Meyer is still keen to tout herself as a guest speaker as you can see below. But she now appears keen to distance herself from the Ariadne name, something she has been pushing for a decade and a half. Does she think Ariadne has toxic associations? She now links herself to her private company Viva Capital - the one that has not filed accounts for 2016, 17 and 18 and whose last accounts were clearly bogus but showed cash of nil.  Whatever...

Tom Winnifrith Bearcast - explaining to our in house Bulletin Board moron why taking part in a placing is not insider dealing

Published 453 days ago

I look at why taking part in the Premaitha (NIPT) placing did not constitute insider dealing but make a suggestion as to how to change the way AIM placings take part. I look at what the Countrywide (CWD) statement means for Purplebricks (PURP) and at UK housing activity, at MySquar (FRAUD) where SP Angel continues to turn a blind eye to crime, at Avanti Communications (AVN), R4E (R4E) and at a new NEX float Tectonic Gold (TTAU) formerly Stratmin and why AIM turned it down and what message that sends to flip flop Ben Turney and Teathers (TEA). Read about my extreme weekend suffering and be generous HERE

Julie Meyer MBE spams her non GDPR compliant list with more blatant lies -when will this fraudster be stopped?

Published 453 days ago

Wanted by the police in Malta on criminal charges, under investigation by the HMRC, FCA, MSFA, SFO, IRS and the UK Police you would have thought Julie "lingerie on expenses" Meyer MBE would stop telling blatant lies in order to somehow part folks from their wealth. But now, another piece of GDPR non compliant spam arrives twice in my inbox this weekend and, as you can see below it is utterly lie packed.

Notes from Underground: Apparently there are other websites out there. I do not entirely believe this.

Published 454 days ago

Here's my question for you this week: what non-shares-investiing site do you look at every day that your fellow ShareProphets members may be interested in. 

Tom Winnifrith Bearcast: the fraudster's best friend in journalism, Ben Harrington, does his master's bidding again

Published 456 days ago

In today's podcast I cover in detail Telit (TCM) and also look at MySquar (MYSQ) partially in light of today's stunning news HERE. I look at Audioboom (BOOM), Frontera (FRR), Woodford Patient Capital Trust (WPCT), Prime People (PRP) and 88 Energy (88E). Tomorrow I will be bored to death by Lucian Miers, he will drone on about West Ham for 6 hours as we complete a 19 mile training walk from Bristol along the Avon to a few miles past Bath. I am building up to my 32 mile walk for Woodlarks with Brokerman Dan on 28 July. Think of my suffering tomorrow and please donate a small sum HERE.

Exclusive: The MySquar boss and his private company and the $8.5m fraud law suit revealed

Published 456 days ago

Below I republish a legal printout from Singapore where four days of Court time has been reserved for MySquar (MYSQ) boss Eric Schaer and his Rising Dragon company ( which is and has always been involved with MySquar as a loan provider) as they stand accused of fraud from a party claiming back $8,750,770 – a lot of dosh. It gets worse.

Tom Winnifrith Bearcast: naughty, naughty Jim Mellon, I WAS watching at no-one is watching O'clock

Published 457 days ago

I start with the announcement late last night from FastFoward Innovations (FFWD) the overvalued investment company run by my good friend the offshore based asset stripper Mr Jim Mellon. I move on to the FRC dealing with Russell McBurnie the disgraced ex FD of RSM Tenon and discuss book cookers, fraudsters. Sam Antar theories and crime and punishment generally. I look at Akers Biosciences (AKR) where book cooking ahead of a placing is alleged, at Zenith (ZEN) and at LPA (LPA) where i would not bottom fish after today's warning for a variety of reasons. Then I note MySquar (FRAUD) is down to 1.15p and I ask John Meyer of SP Angel once more if he will act or is he happy to wash his hands and turn a blind eye to crime. Tonight is a 6 mile training walk and Joshua and I will do two miles this morning. With Gift aid my charity walk on July 28 has now raised almost £10,000. I explain exactly what that means to Woodlarks. If you have not donated, please chip in now with a tenner to get us over £10,000 HERE

Winnileaks - a new crime by Julie Meyer MBE, lies and fraud from 2018

Published 459 days ago

Another day, another drop to Winnileaks, this time from someone who Julie "Lingerie on expenses" Meyer groomed but who refused to hand over cash. However in this lie packed attempted fraud from January 2018 some were fleeced.  

Customer Announcement: Two big changes to ShareProphets

Published 459 days ago

Don’t say we don’t listen. The first is as a result of your feedback!

Tom Winnifrith Bearcast: So just why were Bush & Morgan fired by Cabot? I think I have the answer to that $16.5m question!

Published 460 days ago

I am still recovering from yesterday's 14 mile training walk for the Woodlarks 32 mile charity walk. Yesterday's trip did not go quite to plan and ended up being a tad longer than expected. I explain all HERE. If you enjoy my suffering I shall do a 20 mile walk next weekend so how about you spare a tenner and sponsor me HERE. In the podcast I ask very hard questions about the sacking of the CEO and FD at Cabot Energy (CAB), formerly Northern Petroleum. I think I know why the P45s and black bags were handed out but Cabot must come clean NOW. Same Nomad, different dog, more questions - MySquar (FRAUD). Then I look at Audioboom (BOOM) and Wishbone Gold (WSBN) where I am a long suffering shareholder. And I smile to myself as I remember watching Germany vs Argentina four years ago in Kambos HERE

Bombshell – emails sent to Winnileaks show Julie Meyer MBE lying and committing fraud to raise cash for ACE Fund

Published 460 days ago

I have been contacted by a man persuaded by Julie “lingerie on expenses” Meyer MBE to invest £23,000 into her ACE Fund in September 2016. I have in my possession emails sent by Ms Meyer to the investor and it is clear that she told two very blatant lies and has defrauded him. I have urged the individual to take this matter straight to not only the FCA but also to the City of London Police as this is slam dunk fraud. 

Stuttard’s Septic Seven – where are they now?

Published 461 days ago

I thought I would do an update on Stuttard’s Septic Seven – a portfolio carefully selected for Marcus Stuttard, the head of AIM for him to invest his cash in to demonstrate his utmost confidence in the regulation of the system he oversees as the Sham Sheriff. The members were all companies we had Red Flagged here on ShareProphets – but not to worry, because no action had been taken and investors were still free to lose (oops, sorry) invest their cash in those shares. It is some nine-ish months since I looked at this portfolio. I wonder what has changed?

Notes from Underground: Cold secrets

Published 461 days ago

Here's my question for you this week: do you tell anyone about subscribing to ShareProphets?

Julie Meyer files new accounts for calendar 2016 to avoid strike off but they are sheer fiction & show the lie at the heart of her ACE Fund

Published 462 days ago

Yesterday, in order to avoid a strike off at companies house Julie Meyer finally filed accounts for Ariadne Capital Entrepreneurs Investments Limited – that is to say accounts for calendar 2016! The accounts are fraudulent and there is a real question as to whether she should have been filing them at all – perhaps Andrew Duncan of administrators Leonard Curtis has a view. Let me explain.

Boxhill Technologies: Shadow director, Jackson, disqualified in connection with suspected fraud – shocking stuff

Published 462 days ago

I’m slightly surprised that I haven’t commented on Boxhill Technologies (BOX) this year as it was a favourite of mine in 2016 and 2017 but I have managed to access new information that is shocking even by Boxhill’s standards, namely Phil Jackson’s director disqualification due to what looks like a slam dunk VAT fraud.

The unpaid wages of sin…Is Peter Bradley the 18th lawyer Julie Meyer has failed to pay…here are 17 more

Published 463 days ago

In his time as General Counsel to the Ariadne Group run by Julie “Lingerie on Expenses” Meyer , Mr Peter Bradley had occasion to send me three lawyers letters on behalf of his boss who is now being investigated by the FCA, the MFSA, the SFO, Action Fraud, the IRS, HMRC and is wanted on criminal charges by the Maltese Police.  I had thought that Bradley had parted company with the charlatan, liar and fraudster Meyer in April but the Ariadne website, as you can see below, suggests otherwise. 

Correction & Apology: Not for smearer & charlatan Julie Meyer but for her ex legal counsel Peter Bradley – the Steve Lazarus case

Published 464 days ago

On 24 May 2018 I ran an article on the case of former Ariadne employee Steve Lazarus who, like so many others working for Julie “Lingerie on Expenses” Meyer was not paid and had to seek legal redress. That article needs correcting, not for what it said about the appalling behaviour of Meyer but for a question posed of her, now ex, legal Counsel Peter Bradley. An amended article is below.

Tom Winnifrith Bearcast: In praise of Ed Croft, Martin Sorrell's hookers on expenses, & John Meyer must man up and take responsibility

Published 465 days ago

I start by praising Ed Croft who despite all that I have said about him has donated £30 to my charity walk for Woodlarks. To those 90% of you listening who I have not insulted at all surely you can spare a tenner. We have now raised £6,263.16 (before gift aid), surely you can donate £10 HERE. Then I look at Martin Sorrell (ex WPP) and the hookers on expenses, Lord Browne of BP and the rent boy on expenses and natch I mention someone who put a sex toy and batteries and lots of lingerie on her expenses. Their crime is nothing to do with sex it is theft and I discuss that. Then it is onto Connect (CNCT) where I ponder its banking covenants and to Haydale Graphene (HAYD) where I wonder if the cash position is enough. Finally I explain to another J Meyer ( this time John not Julie, no relation) of SP Angel why the MySquar (MYSQ) fraud is HIS responsibility and what he needs to do ASAP

Julie Meyer – now about the alleged theft from Taggstar when you were the sole director & paying Rachel Lowe

Published 465 days ago

Taggstar is a company that, the joke ACE Fund run by Julie “lingere on expenses” Meyer MBE invested in and which – according to her lie packed fraudulent “private & confidential” begging email of 29 April 2018  (see HERE) was one of ACE’s hottest prospects, a "winner". Of course you and I know that it went into administration in July 2016. But it gets worse, because until her contract was “terminated” on 28 March 2016 Ms lingerie on expenses was the sole director of Taggstar.

Sell MiMedx and Purplebricks

Published 466 days ago

US biotech firm MiMedx (NASDAQ - MDXG) has announced that none of its financial statements going back to 2012 can be relied upon and that it is still unable to file for Q4 2017 and Q1 2018. Its CFO was leaving with immediate effect to be replaced by one Edward Borkowski, who had previously tended the books of Canadian pharma company Concordia until it went bankrupt.

More Winnileaks shocking data: Julie Meyer’s ACE fund – the scale of her plundering makes this little more than a personal ponzi

Published 466 days ago

Although Julie Meyer is no longer regulated to manage other folks cash, rules are for little people not for Julie “lingerie on expenses” Meyer MBE and not only is she managing her ACE fund she is lying to investors to raise another £2 million. But beware, the scale of this ponzi is revealed in the data below.

Quindell – KPMG and senior partner William Smith fined by FRC for failings – but not enough, lessons not learned

Published 467 days ago

For its 2013 financial year, the fraud Quindell (QPP) switched its auditors from RSM Tenon – already fined by the Financial Reporting Council as a direct result of my work – to KPMG. But unusually for a firm claiming to be so large it chose the small Southampton office headed up by Senior partner William Smith to check its books.

Tom Winnifith Bearcast - Will the Lombard crew be prosecuted for fraud & I'd rather not write in ignorance like Cynical Bear

Published 468 days ago

It is a day off from training, after yesterday's ten mile walk. My 75 year old coach, Brian Basham, says I must rest my muscles. I restart again tomorrow but how about you donate a tenner to a great cause and sponsor me HERE? Meanwhile i discuss Cynical Bear's latest piece written in ignorance on Big Sofa (BST). He might be right and I may be wrong. So far he has called it right. But what we do know is that he is guessing and writing in ignorance, I'd rather not do that. Then I look at fund managers making pathetic excuses for their own failure over Persimmon (PSN). Finally after today's shocking Lombard (LRM) expose HERE I ask will the authorities finally hold individuals to account to show they really want to stamp out fraud.

Lombard Risk Management: CEO & FD lied to get takeover agreed, both fired with immediate effect - surely this is fraud?

Published 468 days ago

Shareholders in Lombard Risk Management (LRM) do not care – they got a 13p cash offer from Vermeg and have banked the cash. But now the low countries acquirer is hopping mad. It has fired Lombard’s CEO and FD announced widespread redundancies and stated that the Lombard team lied about their prospects so results for the year to March 31 2018 will be way below forecast. The statement is damning and begs big questions of many. Surely the Lombard bosses stand accused of fraud? Should not the FCA and SFO have a butcher's?

Finally the FCA Acts – Julie Meyer’s companies no longer UK Authorised

Published 469 days ago

The Maltese FSA suspended the regulatory permissions of Julie “lingerie on expenses” Meyer's Maltese operations almost a month ago but the FCA – for some reason – authorised the old charlatan to continue conducting financial services operations via EU passporting. That was until very late last week. Now the FCA has acted and Meyer’s operations ( as you can see below) can no longer operate in this country either. So just how is she being allowed to continue to try and raise money for her fraudulent fund? This is not the end of the story.

Tom Winnifrith Bearcast: Almost feeling sorry for Lyin' Steve Sanderson at UK Oil & Gas - placing at as low as 0.5p?

Published 469 days ago

My planned 7.5 mile training walk (pushing Joshua) today became 10 miles as I explain HERE. Think about my poor sore feet and aching legs and if you have not yet donated a tenner to the Woodlarks appeal please do so HERE. In the podcast I explain why the fraud MySquar (MYSQ)  and UK Oil & Gas (UKOG) face the same predicament and that is why the latter may well place at as low as 0.5p next week. I then look again at the tweets of David Lenigas last Thursday - HERE - surely there is something very wrong in this matter.

Whistleblower John Galt writes to Julie Meyer explaining why he is exposing her fraud

Published 470 days ago

Over the past three months Julie "lingerie on expenses" and her loathsome lawyer Julian Pike of Farrer & Co have sought to gag whistleblower John Galt, a former employee of Ariadne who has exposed the wholesale fraud at the heart of Meyer's empire. Lying to Court on an industrial scale Meyer has striven to have Galt shut down. The letter below was sent by Galt to Meyer in March and explains why he is now ignoring the threats and speaking out as are so many others. Enjoy!

Tom Winnifrith Bonus Bearcast - Pinsent Masons & Daniel Stewart sued for £180m over the Naibu fraud I exposed - happy days

Published 470 days ago

Pinsent Masons was at the heart of the dirty tricks campaign Sefton Resources (SER) waged against myself and Brokerman Dan Levi as we exposed wholesale lying and fraud. Pinsents was thrashed in Court when Sefton sued us for libel. Scumbag low life motherfucker Pinsents partner Russell Booker was never disciplined so I guess it thinks dirty tricks against journalists are okay. Daniel Stewart (DAN) also sent me lawyers letters but never accepted my kind offer to "see you in Court bitchez", Anyhow the two are being sued for £180 million for their negligence over the Naibu (NBU) fraud I exposed HERE. I discuss that but also why Paul Scott should apologise to 6,000 House of Fraser staff losing their jobs in this bonus podcast.

So Julie Meyer - who owns the shares in Beat.TV? Your crap fund or the administrator?

Published 473 days ago

A kind soul has just sent me the original share certificate owned by Ariadne Capital Limited in a company called Beat.TV Limited. Why does this matter you say? Well it should matter as someone seems to be being defrauded and someone, might just be telling porkies again. Step forward Julie "lingerie on expenses" Meyer MBE.

Now Julie Meyer's Lawyer Julian Pike uses her time travel machine - as he smears and lies for his client

Published 473 days ago

Almost certainly using technology lifted from the SpinVox fraud she backed and still defends today, Julie "lingerie on expenses" Meyer has created a time travel machine. Now, thanks to the Times Newspaper, we can see that her bully boy lawyer Julian Pike of Farrer & Co is using it too as he smears critics and tells outright lies for his client. 

Tom Winnifrith Bearcast - surely you want Brokerman Dan in his underpants all over the internet?

Published 477 days ago

In today's bearcast I look at Mysquar (FRAUD), UK Oil & Gas (UKOG) and its latest spoof, Dignity (DTY) where I have grave concerns, Magnolia Petroleum (MAGP) and its dead cat bounce, Pantheon Resources (PANR) where it's placing ahoy and at Mirada (MIRA) where I fear the worst. Sorry Matt Earl. Brokerman Dan says that if we raise our target £20,000 for Woodlarks with our 30 mile charity walk on July 28 he will do the last mile in his underpants. We will have cameras on hand and splash it all over the internet. Thanks to all who have donated but 95% of bearcast listeners have yet to do so although we are already 23% of the way there. So please donate a tenner each today HERE

Tom Winnifrith Bearcast: Recording in what seems like a sauna to avoid the snakes

Published 478 days ago

I write from the Kouronis taverna in Kambos where, in the middle of a violent thunderstorm, worthy of Byron at Zitsa, it is sheeting it down. I recorded 90 minutes ago in what seemed like a sauna. All is explained in the podcast which covers Air Partner (AIR), Premaitha (NIPT), a fraud on the Mrs, Akers Biosciences (AKR) and Transense Technologies (TRT). Myself and Brokerman Dan have now raised more than £5,000, including gift aid, for our charity walk on July 28. But 96% of Bearcast listeners are yet to chip in, I am sure you can all spare a tenner so please donate NOW HERE. To those who have donated already, thank you.

Crypto-Scam-Mania

Published 478 days ago

Many of you will be well aware of the hullabaloo surrounding cryptocurrencies, the promise of being made a millionaire, seemingly within weeks, if not overnight. I, like so many was curious about what crypto's and block-chains offered - But lets stay on point with crypto's. What better place to start with the premise of crypto's. The birth of crypto's is essentially down to techno-nerds wanting to circumvent the banking system, sound enough reason you may think; after all, why keep feeding the evil banksters with our hard earned cash.

Winnileaks Julie Meyer bombshell No 2 - the ACE spreadsheet showing Julie Meyer is (at best ) a deluded fantasist

Published 479 days ago

The latest Winnileaks bombshell for Julie "lingerie on expenses" Meyer MBE is a spreadsheet of her ACE fund as at 29 February 2016. In part 1 I have shown how this demonstrates how she fleeced the fund ( other people's money) to pay the bills at her flagship Ariadne Capital Limited ( now in administration). Now I draw your attention to evidence that she is a deluded fantasist or worse. Turn to the final column below.

Winnileaks Julie Meyer bombshell - the ACE spreadsheet showing her robbing Peter to pay er...her Ariadne expenses?

Published 479 days ago

Another day and another bombshell document lands with Winnileaks concerning Julie "lingerie on expenses" Meyer MBE. This is such dynamite that I shall have to examine it in parts but let's start with our old friend Entrepreneur Country Global, ECG, a company established in 2013 and at that point wholly owned by Ariadne Capital Limited (now in administration). 

Fevertree - Onto My Bear Watchlist

Published 479 days ago

In what has been the longest running bull market that I can remember, in which stocks have risen, pretty much in a straight line for over nine years, it has been hard for bears to witness the benign tolerance with which evidently flaky and fraudulent companies are treated by the investing community. In these times patience is required, and it is worthwhile preparing a watchlist of names that are likely to be the most vulnerable when the market finally rolls over. While this list should comprise for the most part those with over-leveraged balance sheets and questionable accounting practices, solid companies should not be discounted out of hand.

Filthy Forty and banished from AIM, Aquatic Foods NED’s make a few admissions: ShareProphets was right

Published 480 days ago

On 28 December 2017, ShareProphets AIM-China Filthy Forty play Aquatic Foods Group issued an RNS stating that it couldn’t publish accounts for 2016 and the shares would be booted off AIM the following morning. Of course, there’s a lot more to that and ShareProphets had been predicting the demise for months. Now the patsy NEDs have issued a statement and it is clear that ShareProphets was right all along.

EQTEC - the death spiral provided by a fraudster it gets worse - surely this is criminal negligence by Nomad Northland

Published 482 days ago

On March 8 2018 I revealed how low life Nomad Northland had banked a fat fee for recommending that its client Eqtec ( EQT) take out death spiral financing from a proven fraudster. Worse still, the deal Northland thought fair was bound to destroy the share price as I  explained at the time. Last week it got worse and the negligence of Northland is now almost criminal.

Notes from Underground: The disappearing notes

Published 482 days ago

I don't know what this means. I'm just thowing it out there as something for you to ponder in your investment strategy. This lightning bolt of thought? People are using significantly less cash now, and the tipping point has been the past three months. 

Folli Follie - Greek Press reports criminal charges on the way, Gabriel Grego comments

Published 483 days ago

The suspension of shares in Folli Follie on Friday because, after three weeks, it was unable to verify its claimed cash balances is surely the beginning of the end. The Greek Press is today reporting that criminal charges for the bubbles in charge are on the way - see HERE. I like to think I played a small part in its downfall and really enjoyed my doorstepping last week. But the architect of this exposure is my pal Gabriel Grego of QCM although it is only a matter of time before Dan "snot gobbler" McCrum at the FT takes full credit. Gabriel has now commented on the latest news. It is a considered piece. He writes:

Folli Follie - surely it is double ouzo time now!

Published 484 days ago

Having collapsed by another 25% yesterday to just 4.8 Euro shares in Folli Follie were suspended on the Athens stock exchange first thing today prompting a bearcast ouzo. Initially the company told the Greek media that it was because of all we nasty bears spreading false rumours and creating a disorderly market. Then at 11.30 GMT the awful truth came out.

Tom Winnifrith Bearcast - it is Ouzo O'Clock! Folli Follie suspended

Published 484 days ago

Hooray. After this week's doorstepping and podcast special and the work back in Bristol this is a great day. I suspect it is game over and discuss the probable demise of Folli Follie. Never buy a stock on a PE of 1. Elsewhere I look at rumours concerning Nomad Northland, at Echo Energy (ECHO), the fraud MySquar (MYSQ), my letter to Julie Meyer HERE, Sound Energy (SOU), Westminster Group (WSG) - with its revolting chairman ex Tory MP Tony Baldry - and Frontera (FRR) and its latest pre placing ramp. Now come on chaps, if you enjoy bearcast - and I know 1000 of you do every day - please donate £10 NOW to the Woodlarks charity walk - HERE

Why is the FCA still allowing Julie Meyer to manage other folks money & to raise fresh cash?

Published 484 days ago

It is now almost two weeks since the regulators at the Maltese FSA (MSFA) suspended the license of Julie Meyer to conduct financial activities including fund management. The word on the street is that the license will be cancelled altogether soon. But it seems that back in London the dozy fuckers round at the FCA still have not caught up and indeed are now derelict in their duty to protect consumers.

Folli Follie doorstepping photo & podcast special

Published 486 days ago

For reasons to do with burly security guards explained here I could not record this at Folli Follie. That is probably good as I can now explain the similarities with another Greek fraud (Globo), the looming deadlines and the unresolved questions which make this company likely to implode. That is not to say it does not have some real operations, the photos below are of its flagship store at 19 Ermou St in Athens, which I visited on Monday

Video from Folli Follie HQ Athens - the photos its burly security guards don't want you seeing

Published 486 days ago

As promised, I trekked up the Great North Road to the HQ of Greek fraud Folli Follie to record a video. My driver was a burly Albanian arranged by friends of mine to ensure my safety. He was a bit more than a driver. I got out to take some photos which you can see below and then I was approached by two very burly security guards who don't want you seeing these photos. The video below shot from the other side of the Motorway explains what happened next.

BREAKING: New Document leaked that (again) proves Julie Meyer defrauded her investors

Published 489 days ago

Oh dear Julie Meyer. This document below which has dropped into the hands of the Winnileaks service is already with one of the FOUR investors in your companies who is suing you and he is adding it to his case. It will be with the FCA and MFSA later today for it indicates a wholesale fraud on your part. It is dated 13 November 2017.

Notes from Underground: It's all about me

Published 489 days ago

As the winner of the 2017 Dragon's Den – grand prize, a free trip to anywhere the #73 bus goes, bus fare not included - I have a a reputation to protect. So there would be absolutely no reason to do a check in on how the 2018 leaderboard is doing.

Tom Winnifrith Bearcast - No Roger don't close down the fraudbusters please support investigative journalists not a failed establishment

Published 490 days ago

Though a diehard republican I have weakened and am going to watch the Royal Wedding. Don't be too harsh on me. In this podcast I discuss issues raised by Roger Lawson with regard to free speech, social media, threats to journalists, market abuse and the FCA in tackling crime.

The Private & Confidential email from Julie Meyer which lies about her ludicrous fund as she tries to raise £2m - will be reported to ActionFraud

Published 490 days ago

On 29 April Julie Meyer contacted those folks who have invested in her fund in an email she had tagged so she can trace any leakers. Sadly Ms lingerie on her devoutly Christian expenses cannot cope with Winnileaks so I publish the email in full. And it is a shocker. Quite simply Julie Meyer MBE is lying to fundholders in a brazen fashion.

SHOCKER - Julie Meyer's Ariadne expenses published: Unpaid Staff, shareholders & HMRC take note...

Published 491 days ago

On Christmas Eve 2014 while many of us prepared for Midnight Mass and to celebrate the birth of the good Lord Jesus, devout Christian Julie Meyer MBE had other things to do - her second visit in four days to the Ann Summers sex shop. There is nothing wrong in this except that Julie then put the bill (£48) on her Ariadne Capital expenses insisting that the purchase was "on company business". Cripes I guess Ariadne did more than I had imagined. The Winnileaks service means I have three months of Julie's expenses which I publish below and which will shock all stakeholders and all readers at ever level.

Roger Lawson & ShareSoc links a hate crime against my wife with my writings - very poor form

Published 492 days ago

On a post approved by ShareSoc on its blog, Roger Lawson has today commented on the incident I described in bearcast on Monday - the email I received in response to my fraudbusting work. I have made Lawson aware of the content of that email currently with the Police so something I cannot publish - but it is the most disgusting material about my wife of Indian origin. Yet he is unapologetic for writing in a way that trivialises it and has refused polite requests to withdraw his article of today. Roger, your failure to see hate crime against an innocent woman, committed by someone not wanting fraud exposed is poor form - you should have checked your facts before writing such a monstrous article. ShareSoc seems unapologetic too - wankers. Roger comments on Audioboom. My comments are in bold.

Tom Winnifrith Bearcast: Ocado can you smell burning bear paw?

Published 492 days ago

I suspect that Ocado (OCDO) is even more overvalued after today's share price surge on the Kroger deal - it goes to show the dangers of shorting anything other than an outright fraud in the current climate. I look at the FOBT news - Nanny State gets more and more bossy every day. I look also at Mothercare (MTC), Foxtons (FOXT) and WH Ireland (WHI)

Julie Meyer sends out newsletter - it's defamatory & delusional - why no video?

Published 492 days ago

There was I hoping for one of those hand waving videos filmed inside the rented flat where Julie Meyer lives with her sex toys and books praising Jesus and Tony Blair. Perhaps Julie would care to explain why she did not shoot a video this week to put all those nasty rumours to bed. Over to you sister... But as you can see below she has spammed her wholly non GDPR compliant mailing list with a letter which is quite simply bonkers and also defamatory.

Julie Meyer tweet - is she losing the plot? Empty Bean bags?

Published 493 days ago

I can understand following today's bombshell and yesterday's bombshell expose and the loss of her MFSA license on Friday and the criminal charges in Malta and all those other legal actions, that devout Christian Julie Meyer may be a little bit stressed right now. Perhaps this explains this bizarre tweet about Brexit of yesterday? Empty bean bags? In an economy with record employment and the lowest unemployment since 1975? Whatever. The response from one of her critics is, however, most entertaining.

Winnileaks strikes again - the cash problems of Julie Meyer's Entrepreneur Country & the charge against a rented flat

Published 493 days ago

Some days ago the Winnileaks service demonstrated how the cash crisis at Julie Meyer's Entrepreneur Country had forced it to attempt to sell on an R&D tax credit claim - effectively borrowing at an 163% annualised rate - just to pay its bills, HERE. It gets more interesting with a new bombshell disclosure which, I gather, was passed to the HMRC, FCA, ActionFraud and the Metropolitan Police two weeks ago with a request to investigate.

EXCLUSIVE: How do you make a Maltese Cross? Winnileaks has another Julie Meyer letter

Published 494 days ago

How do you make a Maltese Cross? Well how about doing that which the regulators at the MFSA have strictly forbidden you to do? Thanks to the Winnileaks service we have another emailed letter from Julie Meyer

I truly think we are headed towards a staggering credit crisis

Published 495 days ago

The populist policy agenda of the new coalition government in Italy would in any normal circumstances be enough to send markets into meltdown as the Five Star/League combo is planning a flat rate tax, a citizen’s allowance for the impoverished south, a general rolling back of pension reform, restoring the retirement age to 60, and the establishment of a parallel currency as a precursor to leaving the euro. Yet there has been no panic, last week yields on Government bonds barely changed, and the stock market actually went up. Markets are underestimating the risks, both to Italy and the continued integrity of the euro. Complacency in the face of all of this is a classic, late bull market condition.

Breaking - another MFSA letter to Julie Meyer emerges - showing her version of events to be a big fat lie

Published 495 days ago

Oh dear, oh dear, the Winnileaks service is on fire. Catch up dead wood press! Earlier today I published an email & letter from the Maltese Regulators, the MFSA, to Julie Meyer on 24 November 2017 showing that her version of events which has seen her licenses suspended was simply not true and that she has defrauded at least one investor as you can see HERE. Now here is a second confidential email from the regulator dated 9 January 2018 ...

Purplebricks & Ticking Timebombs

Published 495 days ago

At last month’s UK Investor Show I grumbled about the difficulties of being short in the current fraud-friendly climate in which fundamental analysis seems way down the pecking order of share picking criteria and suggested that unless it can be shown that a company is in imminent danger of going bust (Carillion, for example) shorting right now is an uphill battle. I might have added that shorting a name where there is a small free float is also a dangerous game. Which brings me back to Purplebricks (PURP).

Breaking: Leaked email from MSFA - Proof that Julie Meyer has lied & defrauded investors

Published 495 days ago

Julie Meyer's laughable insistence that Maltese Regulators at the MSFA have only suspended her license because she stated this month that the Island was no place to do business and that she would quit, have infuriated the regulatory wallahs in the Mediterranean isle. Quite simply Meyer is lying and the Winnileaks service has got its mitts on an official email from the MSFA to Meyer from November 2017 that proves that but also that Meyer has defrauded an investor. I publish that email below.

Interserve – FCA investigation misses the target

Published 496 days ago

It wasn’t a great week, last week, for shareholders of companies starting with Inter. Whilst Interquest (ITQ) served up an after-hours notice of an EGM with proposals to delist the company and a derisory offer at 24p on Friday (at 5.22pm!), Interserve (IRV) announced at 7am that is was the subject of an FCA investigation regarding its market disclosures between 15 July 2016 and 20 February 2017 in relation to its (now) exited Energy-from-Waste business. I’m completely with Tom Winnifrith on the former. On the latter, however, the FCA seems to be missing its target completely on this issue.

Notes from Underground - Do you prefer your news now or 48 hours ago?

Published 496 days ago

I have the same conversations with people all of the time: why should I read ShareProphets, a muckraking, little-known website, when I already subscribe to the FT?

Tom Winnifrith Bearcast - when a scam unravels... the 3xs are talking to me every day about Julie Meyer

Published 497 days ago

The 3xs are the best friend of a fraudbuster or an investigative journalist and right now xs are lining up to me to chat about Julie Meyer. The Winnileaks service is buzzing. Julie's reign of terror over the xs is over. Away from that I comment on whether it is better to travel to arrive, the idea that UK Equities have only been this cheap during world wars - bollocks in the Telegraph - Interquest (ITQ) whose management are A grade a'holes and Westminster Group (ditto) where the issue is not where earnings will be in 4 years as our in-house BB loon Wildes suggests - but whether the company will be bust in 4 weeks.

SHOCKING Julie Meyer email - was she committing fraud as she tried to raise money for Ariadne

Published 497 days ago

 Oh dear. Oh dear. Losing her Maltese regulatory license yesterday was bad enough for Julie Meyer MBE. Having the HMRC open an investigation on Thursday was also bad. And having Maltese magistrates blast her on Wednesday about her fleeing criminal charges was really bad. Now it gets worse as an email from the devout Christian has emerged (see below) which begs the question as to whether Julie Meyer attempted to defraud investors in 2017. Did she commit fraud? Judge for yourself...

Gabriel Grego PROVES that the Folli Follie Rebuttal just does not wash - it is lying about POS numbers

Published 499 days ago

With a little, acknowledged, help from yours truly, Gabriel Grego of Quintessential Capital Management has reviewed the list of 587 POS ( Points of Sale) claimed by Folli Follie on Monday and demonstrates cleary that it is way overstated. Any company caught with its pants down lying about something this basic is clearly engaged in fraud. The shares have recovered to 8.4 Euro but are worth ZERO. This is still free money as a short.  Gabriel writes:

Quindell nutter Ian Hislam - Bulletin Board or twitter Moron of the Century

Published 500 days ago

We have received an email from a chap called Ian Hislam who is now officially the Bullettin Board Moron of the Century. I know we still have 82 years to go but this Quindell (QPP) shareholder is surely unbeatable.

Photo Article - PROOF that Greek fraudsters Folli Follie LIED to the Athens Exchange today

Published 502 days ago

Folli Folie, the Greek fraudsters, today attempted to refuse claims by Gabriel Grego that they were lying, inter alia, about store numbers and so in a release to the Athens Stock Exchange published a list of 587 stores. It has taken me one hour to prove clear and big lies on this list as I shall demonstrate below.

Gabriel Grego hits back at response to statement from Greek fraudsters Folie Follie

Published 502 days ago

Folli Follie (FF) the Greek luxury goods seller has denied the bombshell claims made in Gabriel Grego's devestating dossier we published on Thursday. I have today verified for myself that FF is lying about its British operations in a release to the Athens exchange today. So as far as I am concerned it is an open and shut fraud and a zero. But here ios Gabriel, the boss of Quintessential Asset Management (QCM) 

Pathfinder Minerals: the Tory MP, the CEO, the hapless Nomad and the allegations of mortgage fraud

Published 503 days ago

Nick Trew, the CEO of Pathfinder Minerals (PFP) is currently attempting to fight off an EGM request to oust him and Toff Tory MP Sir Henry Bellingham of 3DM infamy from the board. Their record of non delivery should be enough to see them sent packing but another allegation has now been made which - if proven - would make their dismissal a black and white issue. Nomad WH Ireland and AIM Regulation must investigate this at once.

Notes from Underground: My brush with Julie Meyer

Published 503 days ago

The most memorable First Tuesday to me was the Boo.com one, where the Swedish founders of the site attempted to explain to the room why their website selling clothes needed £135 million to burn through. It was a massacre.

Tom Winnifrith Bearcast: How Tesla & Folli Follie dealt with criticism and which will run out of cash first

Published 504 days ago

One is, IMHO, a fraud and the other just has a looming cash crisis. Both faced real criticism last week - I discussed how they played and what happens next.

UK Investor Show 2018 Video: Tom Winnifrith & Nigel Wray tip their golden shares on the UK market

Published 504 days ago

This session had to be cut short as the previous speaker Ed Croft allocated himseelf an extra five minutes for his talk. Heck Mr Wray is your host, cut his talk in half so you can yak on a bit more. Not only does Ed tip all the big frauds as STRONG BUYS he has no manners either. Myself and Nigel gave £3,000 ands £5,000 respectively to Woodlarks and that cash is invested in two shares which we hope will prosper.  All is explained in this short video

UK Investor Show 2018 Video - Stockomendation, how to track and use share tipsters

Published 504 days ago

WEelcome to the Taffies, that is to say share tipster tracking site Stockomendation - not to be confused with a company of a similar name noted for tipping as massive buys all the big frauds on AIM. Stockomendation is a useful site and all is explianed in the presentation, by James Bowden, below.

A share tip from Tom Winnifrith, The Mark Slater show video, a 1 billion fraud & more problems for Julie Meyer

Published 505 days ago

And that is just part of today's content here on ShareProphets. Coming up later there are 2 more buy tips, 5 more videos a cracking bearcast and much more. But....

Folli Follie shares plunge - its denial of Gabriel Grego dossier & threats of legal action does not wash

Published 505 days ago

Shares in Greek uber scam Folli Follie are off by c30% following the publication of Globo (GBO) destroyer Gabriel Grego's damning dossier last night HERE. It has now issued a denial and threatened legal action. I have spoken to Grego.

EXCLUSIVE: A 1 billion super scam exposed - we publish the dossier & slideshow on Folli Follie

Published 505 days ago

At this very moment the man who exposed Greek based AIM superstar Globo (GBO) as a total fraud, Gabriele Grego, has just concluded a speech in New York. Ed Croft need not worry, for once the mega scam Gabriele has debagged, is not a stock he has tipped, as he did with Globo. We have the full dossier Gabriele has prepared and it is explosive.

Tonight we expose a 1 billion fraud - tomorrow Tom W share tip & Mark Slater's buys

Published 506 days ago

Do you really want to miss out on all of this for the sake of saving just £5.99 a month? Tonight on ShareProphets we will expose a 1 billion capitaised fraud. Make no mistake this is a zero. And we will also reveal which idiots have threatened Tom Winnifrith with legal action as well as publishing another main stage video from UK Investor - Mr Property, Nick Leslau. But to access all this premium content you need to invest £5.99 a month. And tomorrow is Mark Slater day.

Tom Winnifrith Bearcast: Is a Cynical sinner set to repent and Andalas is 'avin' a Turkish

Published 506 days ago

In terms of the sinner who is repenting (or is he?) I refer to our own dear Cynical Bear and Sosandar (SOS) where I own a few shares. Andalas (ADL) will still not answer my four questions and now wants to gag me if it does. It is 'avin' a Turkish. I consider Midatech Pharma (MTPH) and an RNS which brings back memories of a glass of sherry and a philosophy tute at Oxford with Dr Malpas. Then it is on to Anglo African Oil & Gas (AAOG) and to Anglo African Agriculture (AAAP). Finally I give the timing of our £1 billion fraud takedown tonight.

Bad bankers drive out good bankers

Published 506 days ago

Back in the 1500s, a financial agent of Queen Elizabeth Thomas Gresham observed that that “bad money drives out good.” That is, if two kinds of coinage are circulating of the same legal value, people will spend the lower-quality money and save the better.

The threatening legal letter to Tom Winnifrith comes from ...The FCA ( I publish in full)

Published 506 days ago

Over the past six years I have handed over details of numerous frauds to the FCA and they have been so utterly fecking useless that I have now just given up. The FCA is the Inspector Clouseau of financial crime busters. Now I know what they spend their time, and your taxes, sending threatening letters to journalists whose main job is fraud busting! The - name redacted - letter is below.

Telit - results re-emphasise a compelling sell at 160p

Published 507 days ago

Despite missing even the most pessimistic forecasts, Telit Communications (TCM) was given the thumbs up by the market, up 3% as I write, to 160p. I guess on the basis that the kitchen sink job is now over and it is onwards and upwards from here.

Monty Python explains the true value of Andalas & the 4 questions it must answer NOW!

Published 507 days ago

I was told last night by the PR spinner to Andalas (ADL) that I should be asking about its new focus in the North Sea, how it will build value, yadda, yadda, yadda. FFS This company has no assets of value, it is burning stacks of cash every day and has NEGATIVE Net current assets of up to $2 million, even after the £600,000 placing on Monday - what don't you understand about the words "FECKING INSOLVENT" darling? I leave it to Monty Python to explain the true state of Andalas below. Meanwhile here are 4 Burning questions it is not answering so I - and Brokerman Dan - will keep asking.

Tom Winnifrith Bearcast - The Fat Lady arrives at Nighthawk and Dave Whitby's payoff question

Published 508 days ago

In the main bearcast of the day I start by asking what payoff disgraced Dave Whitby got at worthless insolvent POS Andalas (ADL)? And were mugs who backed the latest placing told where much of their cash was going ( i.e. to Whitby). Feel free to contact me if you are an Andalas owning mug. The fat Lady arrives at Nighthawk (HAWK) and looks to be in the wings at Nature Group (NGR) while new problems emerge at Imaginatik (IMTK) - a former Rob Terry fave but I speculate on bigger worries that the Quindell fraudster faces - and at Management Consulting (MMC). I think the fat Lady may well also have an appointment with Widecells Group ( WDC) shortly. I comment on 4 reasons why Advanced Oncotherapy (AVO) shares may be falling and on looming results at Optibiotix (OPTI), where we own shares.

Buy a ShareProphets subscription for £5.99 a month TODAY - 2 weeks of unique treats in store if you do

Published 508 days ago

In the fortnight following the UK Investor Show on April 28 there will be a spectacular avalanche of treats on ShareProphets but those treats will be for paying customers only. So what can you expect? And why should you join TODAY? Here goes...

Reader Poll: Who sent Tom Winnifrith a fascist lawyers letter last night?

Published 508 days ago

Oh well I had not had a take down lawyers letter for at least a few weeks so welcome back to England Mr Winnifrith.  The deadline for voting is midnight Wednesday as I shall be responding on Thursday. So who do you think wants to gag the Sheriff of AIM? Vote now:

UK Investor Show Main stage speaker Dr Johnny Hon on China fraud with Tom Winnifrith Cameo

Published 510 days ago

I rather wondered what Dr Hon of The Global Group would say about China fraud on AIM but what he said was pretty explosive, exposing those within the City who quite deliberately and systematically broke Chinese rules to allow frauds to float in London. This was great stuff because the scandal is that those who did this still operate in the City today. I make a cameo appearance at the end. Enjoy.

Alas Paul Scott I knew him

Published 511 days ago

When Paul Scott starts his morning newsletter with references to Chaka Khan you kind of fear that he is drunk in charge of a keyboard. He ended his long & less interesting than usual missive yesterday, which was largely a cut & paste,  with the phrase "Let's have less Tom Winnifrith please! He causes stress & anguish - go away Tom, you're a bore." and then sent his tedious column to various folks such as Nigel Wray.

Explosive UK Investor Show Video: Tom Winnifrith chapter & verse on why AIM bad boy MySquar is a 100% FRAUD

Published 512 days ago

I start at the beginning which is the early career of Eric Schaer, the fraudster in chief, and end at the end which will be insolvency and, I hope, jail time for Eric and the gang. This is chapter and verse on why MySquar (MYSQ) is a 100% fraud and why the employees of Nomad SP Angel are gutless, morally bankrupt, crony capitalists for continuing to act for it. This is no holds barred material. Enjoy.

9 UK Investor Show share tips for 2018 - No 8 Tom Winnifrith

Published 512 days ago

This week all of the team will tip 1 stock - long or short - which presented at UK Investor on Saturday or was mentioned in a presentation. For paying customers only, eighth up it is Tom Winnifrith.

Barclays - if you ignore all the bad bits, it's still cheap!

Published 513 days ago

I am being a bit disingenuous with the above title. Any investor with more than a decade's experience is well-primed to tell you various war stories about the evolving value of financial sector stocks particularly in times of strife. Banks are geared to the business and property cycle and any recent efforts to paper over this reality with yet another layer of compliance/regulation will not ultimately work.

9 UK Investor Show share tips for 2018 - No 7 Darren Atwater

Published 513 days ago

This week all of the team will tip 1 stock - long or short - which presented at UK Investor on Saturday or was mentioned in a presentation. For paying customers only, seventh up it is the pizza Hardman, Darren Atwater.

Tom Winnifrith Bearcast - Begbies Traynor on Brexit - a worse data abuser than Ed Croft ( well almost)

Published 514 days ago

For the last time I laugh at Ed Croft's joke system at Stockopedia which rates Quindell a storming buy after it is exposed as a fraud and Globo a buy but slates, for instance, Learning Technologies (LTG) - did you see its news today Ed? Then I look at the Begbies Traynor (BEG) red flag report which is remoaners treat and an even bigger abuser of data analysis than Quindell cheerleader Ed Croft. I also cover my pike fishing exploits and Online Blockchain (OBC) - now more than 50% below its placing price and 75% off its year high.

Republished: Tom Winnifrith Bearcast: Guess which stockmarket system flagged Quindell as one of the 11 cheapest value plays on AIM

Published 515 days ago

Darren uploaded yesterday's podcast by mistake becuase he is a fucking idiot. I am considering his future and mine tonight. Here now is today's podcast. To tip Quindell before Gotham City and I started to expose it was perhaps understandable. But to single it out as a stunning value investment afterwards? Who could have been so fecking dumb? As you can see HERE it was the same system also that thought Globo was a cracking investment when some of us very publicly said it was a fraud. Which system could be so bad? Step forward Ed Croft and Stockopedia and he says that Nigel Wray invests in "sucker stocks"?. I explain why Ed's system is bound to have some horrible failures and miss a stack of big winners.  In this podcast I also look at Vitesse (VIS), Tern (TERN), Inspirit (INSP) which has a mega spoof today and Online Blockchain (OBC) where I am just a confused old dinosaur.

Tom Winnifrith podcast special with Sam Antar - my best recording of 2018 is with King fraud

Published 516 days ago

There are three things you need to know about Sam Antar. 1 He was the king of committing fraud back in his day and is open about it. 2. He is incredibly funny. 3. He is now a king fraudbuster. When I met him he had just received a cheque for an eye-watering amount from the SEC for giving them a fraud on a plate. He is in short a genius. And outspoken. Is Marc Cohodes listening? Sam is a genius. Enjoy.

Tom Winnifrith Bearcast: You know I did train as an oil analyst back in the black and white era

Published 519 days ago

Im am putting off assorting my jumbled thoughts on Neil Woodford and the fraud MySquar (MYSQ) into an ordered presentation but that is for this afternoon. Pro tem I look at Avanti Communications (AVN), IQE (IQE), Mobile Streams (MOS), Nighthawk (HAWK) - off 60% today but still at the very least 80% overvalued - and Leaf Clean Energy (LEAF). If you like bearcasts then remember that at UK Investor on April 21 - THIS SATURDAY - one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITHORDER NOW and we cannt post but will email you a ticket by tonight.

MySquar death spiral accelerating - morons might expect a TR1, I'm not

Published 522 days ago

Having said that it never needed to raise money again when it raised £1.2 million as it committed securities fraud on July 31 2017, MySquar (MYSQ) announced a £2.11 million death spiral deal on March 7 2018. The first £200,000 loan note conversion was announced on April 12 at 1.31p.

Bulletin Board & Twitter moron of the week - yes its a Frontera shareholder

Published 523 days ago

Having exposed all the big stockmarket frauds of the past five years on this website (Quindell, Globo, Cloudtag, MySquar, blinkx, Gulf Keystone, Naibu, Daniel Stewart, Sefton, China Chaintek, Aquatic Foods, Cupid, Avanti and the list goes on and on and on) I never cease to wonder at the stupidity of some folks who invest in such stocks. But Frontera (FRR) shareholders are managing to shock me - truly some of them are the dumbest fucks on this planet.

TrakM8: a treble whammy of bad news for it - I'm celebrating

Published 526 days ago

For those of us who have been 100% vindicated with our bearishness on TrakM8 (TRAK) today is a bit of a party because we find ourselves celebrating not one but three pieces of bad news. And we are not the only ones celebrating.
I would imagine that Lorne Daniel, an honourable man, who is the research analyst covering tech round at FinnCap will also be on cloud nine as he will never have to write another supportive corporate broker note on this dog ever again. For the first news is that TrakM8 is switching Nomad and broker from FinnCap to Arden Partners.

BREAKING - 700 Beaufort clients to lose money - all client funds frozen till September or later

Published 527 days ago

Nearly all clients of Beaufort Securites, now in adminstration, will end up losing nothing but will not get their cash and shares back until September at the earliest. But for 700 of the largest customers the news is not so good. They have today been told that their FSCS compensation, which is capped at £50,000, will not be enough to offset the steep charges being levied against client accounts by greedy fat cat administrators. 

Tom Winnifrith Bearcast: The Bromance with Paul Scott chapter 27

Published 529 days ago

After last week's twitter spat we have made up and are friends again so Paul Scott will, after all, be recording a bearcast special with me at UK Investor Show. If you have not booked a free investor class seat for 21 April do so now at www.ukinvestorshow.com/tickets using the promotional code WINNIFRITH. In today's bearcast I look at a moron and Marechale (MAC), at FlowGroup (FLOW), MySquar (MYSQ), Hvivo (HVO), Strat Aero (AERO), Omega Diagnostics (ODX) and those two awful words "strategic review" and at Air Partner (AIR). Over on my personal website there is a podcast setting a few folks straight on Lady Thatcher - HERE.

Pham Dang thank you Ma'Am - CFO at the MySQUAR fraud walks with immediate effect

Published 529 days ago

Even The spawn of Satan, evil PR spinner Damian McCrystal, cannot polish this turd - the wheels are coming off the fraud MySquar in a big way. CFO Pham Dang Hung has quit the company and the board with immediate effect. If you don't see this as a massive red flag you are either blind or just colour blind.

Pantheon Resources ouch & double ouch and more ouch to come

Published 530 days ago

Is there any good news in today's latest 'fess up to a feck up RNS from Pantheon Resources (PANR). Er no... it is bad, badder and just a tad misleading.

Tom Winnifrith Bearcast - Possibly the best podcast ever - Sam Antar is the King

Published 532 days ago

Not this one but one I recorded yesterday with my pal the king fraudster Sam Antar who created the original Panama Pump. Sam was on fine form and I shall unleash that podcast in a couple of weeks time but it was awesome.  I pick up on a few themes from it and discuss Ascent Resources (AST), Advanced Oncotherapy (AVO) - read Nigel's brilliant piece, about a company where I own 1 share so I can attend GMs,  HERE - and Strat Aero (AERO). If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH.

Photo Article - Bears Party on in New York

Published 532 days ago

A good day for the bears here in New York. First up I walked up from Battery Park to see where I used to work in the black and white era on Wall & Water. It is now being turned into luxury apartments. Anhow, I wandered on past the New York Stock Exchange and, as you can see, the tickers were all red. Then later on it was to meet the King of the fraudsters my pal Sam Antar who, as you can see below, is in relaxed mood. More on that in today's bearcast. 

Aide Memoire for the FCA: Telit Communications. Never Let Bygones be Bygones. Sell

Published 532 days ago

“Let bygones be bygones” is an extremely dangerous sentiment when it comes to investing and invariably leads to regret and recriminations. It is certainly the wrong sentiment for regulators. It was apparent last year in Telit Communications (TCM), which was given a relatively easy ride by the market after it emerged that its founder and CEO, Uzi Katz, was a fraudster and fugitive from justice.

97% sold out - book your UK Investor Show seat NOW while stocks last- showtime is 14 days away!

Published 532 days ago

UK Investor is acknowledged as the Country's leading one day event for those wanting to make more money from shares with an un-matched all star speaker lineup. The 2018 event is now exactly two weeks away. It takes place on April 21 at the QE2 Centre in Westminster and is now 97% booked out. So grab a free ticket TODAY while you can...

Tom Winnifrith Bearcast: Why is my good friend Jim Mellon's Port Erin trading at a chasmous discount to NAV?

Published 534 days ago

As old Jim Mellon is such a good friend I thought I'd have a butchers. Is it because of more problems at the Diabetic Boot Company or is it a cash crisis at SalvarX (SALV) or at Regent Pacific? What is it about this related party nest of snakes that is making investors shun shares in Jim's Port Erin (PEBI)? I discuss in detail. I also look at MySquar (MYSQ) as the fraud skids to a new low, Ecsc (ECSC), the cyber junk play, FastJet (FJET) - another bailout placing ahoy - and old Clem's spoof Online BlockChain (OBC) as it tanks again. And then its RIP Conviviality (CVR), formal notice of wipeout for those who punt on the back of a brokers note and for other investors. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH.

REVISED EXCLUSIVE: Air Partner - what the company told its staff but has not fessed up to investors about the £3.3 million black hole

Published 535 days ago

Yesterday at 7 AM Air Partner (AIR) fessed up to a £3.3 million black hole in its accounts via RNS but it was vague as to its nature and suggested that nothing big was going on. At 10.15 AM all eighty staff in the Gatwick Office were called into a meeting with CEO Mark Briffa and FD Neil Morris for a briefing. They were told far, far more. One of those present has come forward and states: 

The one man you cannot miss - surely you want to know what the UK's top fund manager is buying & selling?

Published 536 days ago

No! Not Neil Woodford silly! The data about who is the UK's top fund manager is very clear and unless you hold the charts upside down it certainly is not Woodford. The hard data shows that Mark Slater was not only the 3rd best performing UK fund manager last year but over ten years is No 1. Facts don't lie - Slater, like his late father Jim - is just incredibly good at stock picking.

Bankrupt Tesla – from anxiously watching to foot down panic. The optimists have had their day

Published 536 days ago

Shareholders saw fit to reward Musk the largest CEO pay package in the history of the world. This is precisely the type of behaviour that is only seen during periods of extreme irrationality when financial markets are at their peak… and poised for a serious correction.

An Open letter to Eric Schaer of MySquar - are you fraudster man or fraudster mouse? ( Will you meet me in battle?)

Published 536 days ago

Via, his PR man - aka the spawn of Satan - I have sent a letter to Eric Schaer the CEO of AIM superfraud MySquar (MYSQ) challenging him to deal in person, face to face with me, on April 21, with the incontrovertible evidence that his company is a fraud.  I write:

Tom Winnifrith Bearcast - why won't the Mrs come to see the new Death Wish as her birthday treat?

Published 536 days ago

Only kidding! Death Wish, which is not, as you might think, hapless Mayor Khan's new tourist promo video for London, is not out until Friday. So I gave the Mrs a far more suitable present for her birthday but what to give my Labour party loyalist sister Comrade N?. Back to the Mrs: I sense that I shall be watching the new Bruce Willis movie alone. I digress. In today's bearcast I look at Weatherley International (WTI), the fraud MySquar (MYSQ), Pathfinder Minerals (PFP),  Air Partner (AIR), Sosandar (SOS), IFG Group (IFP), IQE (IQE) - where I try not to be tasteless as I flag a difficult issue but apologise in advance if I offend anyone - and Purplebricks (PURP). If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH

Tom Winnifrith Bearcast: at 5.32 PM the holocaust denying fraudsters at MySquar snuck out their interims

Published 540 days ago

Bad language alert. The results are dire and demonstrate again the extent of the fraud that the useless wankers at AIM Regulation, Nomad SP Angel and the FCA are prepared to overlook. They show the extent of the lies told by CEO Eric Schaer. And they show a company that is running out of other people's money fast, facing a death spiral blizzard of share sales and where everyone involved deserves to burn in hell. With hard analysis of the numbers I explain all. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH

UPDATED: Telit - FCA now investigating - Yes Yosi Fait you are a fecking insider dealer

Published 543 days ago

Telit Communications (TCM) and its advisers, notably PR morons Adrian Duffield and Chantal Woolcock of Instinctif, really are fucktards of the highest order. They have had to correct a statement fessing up to an FCA investigation in a material way which changes its meaning. God help these clowns.

Cloudtag's Amit Ben Haim caught lying again - the cheque's in the post (honest!)

Published 543 days ago

Hat tip to reader A for bringing my attention to an industrial tribunal which shows Amit Ben Haim, the CEO of the fraud Cloudtag (CTAG), which was booted off AIM last year, caught lying blatantly. Amit...your pants are on fire.

Exclusive: Sir Henry Bellingham MP (of 3DM infamy) reported to AIM Regulation as Pathfinder plans discounted placing

Published 545 days ago

Having blotted his AIM CV in a big way with his involvement in the £65 million AIM fraud 3DM - even after its first bollocking from the FSA, the FCA as was, the toff Tory MP Sir Henry Bellingham has now been reported to AIM Regulation over seedy plans for a discounted placing at Pathfinder Minerals (PFP)  which he is set to waive through to save his well paid job.

Notes from Underground: Photo finished

Published 545 days ago

I'm pleased that  UK Oil & Gas - the photo that demands a statement now! is the #1 story of the week, it certainly made me laugh on the day. To wit: a photo was taken of a lorry being loaded up with equipment to take away from the UKOG site at Broadford Bridge.

Tom Winnifrith Bearcast: Malcolm with respect you are talking complete bollocks on IQE

Published 548 days ago

Two days, two bull articles on IQE (IQE). It has worked and I have been goaded here is is why Malcolm Stacey is talking bollocks. I also reference the fraud Eden Research (EDEN) in this discussion on profit being a matter of opinion and that is why cash matters. I discuss why being a liar is bad news as a CEO ref Mkango Resources (MKA) then tease Andrew Monk and Richard Jennings about Gulfsands Petroleum (GPX) - their oil analysis as bad as their Syria analysis on this occasion. Then it is onto Flybe (FLYB) and a detailed discussion of the looming cash crisis and joke valuation at Sound Energy (SOU). I suggest SalvaRx (SALV) run by my good friend Jim Mellon faces a bit of a cash issue. Then I explain why I have cut my UK Oil & Gas (UKOG) target price to just 0.25p making it, at 1.125p, still a slam dunk sell.  If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH

ShareProphets China AIM 'Filthy Forty' update – HaiKe Chemical Group exit extending losers edition

Published 548 days ago

Previously updating, we noted from HaiKe Chemical Group (HAIK) “intention to seek shareholder approval for the cancellation of admission to trading on AIM. This has now been for EGM approval...

Will anyone at Nomad FinnCap pay a penalty for its part in the massive Constellation AIM fraud?

Published 549 days ago

FinnCap likes to tell us that it is one of London's leading Nomad's. Okay lets overlook the Silverdell scandal where it insisted that it did nothing wrong as the company misled investors who then lost all their money but how about Constellation Healthcare? This may be off your radar as this company delisted from AIM in January 2017. But this is a massive scandal.

Tom Winnifrith Bearcast: surely Gert Rieder of Falcon is a fraudster who should be sent to jail

Published 550 days ago

In today's podcast I start with a digression about driving to Greece given the day's good news about the hovel HERE. But I have a serious point about residual values of cars, ref BCA Marketplace (BCA), Northgate (NTG) and others. I then look at Falcon Media (FAL) and its boss who I accuse of fraud and think should go to jail. Then it is on to Milestone (MSG) - told y'all!!!! - Ferrum Crescent (FCR), De La Rue (DLR), and Amur Minerals (AMC). I have a pop at an Ulster born bimbo on BBC Business over Brexit and then discuss Neil Woodford where Roger Lawson defends the indefensible after today's shocking revelations. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH 

Etaireia Investments: So Baron Bloom is a fraud apparently and steps down – no shit! What has NEX Regulation been doing here?

Published 550 days ago

Hat tip to The Times for running part of this story on Monday but considering I’ve been warning about the Baron Bloom / Oli Fattal property venture, Etaireia Investments (NEX:ETIP) for two years (HERE), I thought I’d join in the fun as Baron Bloom has fallen foul of one of Sam Antar’s ‘three exes”, namely his, soon-to-be, ex-wife who has been spilling the unseemly beans in their divorce case. Bloom has been called out as a total fraudster and has stepped down from Etaireia as a result.

FRC starts investigation into two former Carillion FDs: string'em both up high!

Published 551 days ago

It is individuals that commit financial crime not corporates. And thus, as I have noted so many times before, the only way that we will clean up financial markets in the UK is by starting to throw the book at individuals who sin, making sure that all transgressions, however small, go punished. And that brings us to today's news that the Financial Reporting Council (FRC) has started an investigation into the conduct of Mr Richard Adam and Mr Zafar Khan, former Group Finance Directors of Carillion (CLLN) and members of the ICAEW.

Notes from Underground: Malcolm's other horrors

Published 552 days ago

It's been an ongoing trope on this site to note when mainstream media ties itself into knots trying to avoid mentioning the word ShareProphets. Instead, they tend to refer to our dozen writers as a 'blogger' or, in more convoluted cases, as 'an Italian newspaper.' But finally! We have a brave newspaper, the Western Telegraph, in Haverfordwest has referred to our name in full. No wonder that they were named the best weekly newspaper in Wales.

Telit: The Unravel Continues

Published 553 days ago

The market was remarkably sanguine about the operational update served up by Telit (TCM) this week and at 160p the shares remain a compelling sell.

Two Pauls and a Nigel - learn value investing from the masters at UK Investor on April 21- today's offer

Published 553 days ago

Value investing is how you make money from shares. Any other approach is not investing but speculating and is, by definition, hit and miss. So do you want to know what Britain's leading value investors are thinking and what shares they are buying and selling? Today's special opportunity is.... Three great value investors will be on stage together discussing how they select stocks and what they are buying and selling at the Global Group UK Investor Show in London on April 21. They are: Paul Scott, Britain's top share blogger, Nigel Wray, the man known as Britain's Buffett, and Dr Paul Jourdan the boss at the hugely successful Amati fund management operation.

Filthy Forty Haike Chemical – the long goodbye

Published 554 days ago

Anyone foolish enough to be a shareholder in AIM-China play Haike Chemical (HAIK) has until 1pm today to accept an offer for their shares at 30p. An EGM on 12 March passed resolutions to delist from the Casino, the execution scheduled for close of play on 19 March.

PWC Confirms: All Beaufort client cash and securities safe but it is a mess

Published 555 days ago

Beaufort clients will get their cash and shares back but it looks as if it may take a while. Special Administrators to the City broker, PWC, has just written to all customers and it looks as if this is an almighty mess. I suspect there are a few connected with Beaufort who will be sweating. PWC writes:

Brokerman Dan literally robbed in new ADVFN awards - surely he had a hat-trick in the bank?

Published 556 days ago

ADVFN (AFN) has today published its list of big advertisers on its website, oops I meant to say its awards for outstanding contributions to financial services. As ever I take the list of winners with the gravity that is merited. They really are the cornerstone of the financial calendar these days. But one fact screams out at me: BrokerMan Dan Levi was on a hat-trick as share blogger of the year - surely he had the title in the bank. But he's been robbed. 

Telit is this its fourth, fifth or sixth 2017 profits warning?

Published 557 days ago

You rather lose count after a while. The first 2017 profits warning was on August 7, when mortgage fraudster and fugitive from US justice Uzi Katz served up the interims. Thereafter with insider dealer Yosi Fait taking over Telit Communications (TCM) has served up so many profits warnings that I have almost lost count. And today there is another...

Tom Winnifrith Bearcast: The AIM CEO who appears guilty of mortgage fraud

Published 558 days ago

I am not at this point naming him or the Nomad (individual and firm) or the NED who turned a blind eye. But this is, as they say, developing. Elsewhere ahead of a visit to the dentist I discuss the joys of reading my Dad's Guardian, Frontera Resources (FRR), Realm Therapeutics (RLM), Hemogenyx (HEMO), and Draganfly (DRG).

Breaking: Novum aspires to be the bucket shop of choice: Beaufort Corporate broking team set to sign this morning

Published 558 days ago

It is not yet a done deal but my sources tell me that the corporate broking team led by Jon "for 5% I will raise cash for any old crap" Bellis from shamed Belfort Securities, now in administration, has this very morning just arrived at Novum Securities.

Tom Winnifrith Bearcast: Dealing with change, the straw that breaks the entrepreneur camel's back & the real Eqtec scandal

Published 560 days ago

Obviously all that matters today is the rugby, the countdown to Ireland vs Scotland is now underway.  After that I discuss crazy Labour plans to tax auto-checkouts at supermarkets and how one should react to change. Then it is onto the straw that is breaking my back as a camel and that of many other entrepreneurs - 6.5% pay rises for fat cat GPs on £100,000 a year for a 35 hour week. Then I reveal the real Eqtec (EQT) scandal, the appalling COI at disgraced Nomad Northland.

Beware the Unnamed ref. BNN, MySQUAR, Telit and Versarien

Published 560 days ago

When a company issues an RNS which involves an unnamed third party, investors should run for the hills. In the case of BNN Technology this is problematic as the shares have been de-listed from AIM because the last NOMAD Strand Hanson resigned and no one else was prepared to take it on (not a good sign when you consider the depths that most NOMADs are prepared to plumb for ready money).

A tale of the UK's two highest profile fund managers at UK Investor Show grab your complimentary ticket TODAY

Published 560 days ago

Even though the event is still almost 7 weeks away on April 21, the Global Group UK Investor Show is now more than two thirds booked out - A highlight of the show is the tale of the two fund managers below: Mark Slater & Neil Woodford. Slater is the UK's most successful fund manager of the past decade. He will give the final speech of the day explaining where he sees the market, what shares he is buying, what he is selling and why. If there is a man to follow it is Mark. Neil Woodford is perhaps the country's highest profile fund manager and makes millions for himself. 

Eqtec halves its share price thanks to the worst death spiral deal going - arranged with a proven fraudster

Published 562 days ago

I realise that the crony capitalists round at Nomad Northland have a few things on their mind, such as who will pay the wages this month, but how on earth can they have signed off on the worst death spiral deal I have ever seen where the counter-party is a man who the SEC nailed for "defrauding investors." I despair.

BREAKING: Fraudsters MySquar gets death spiral finance from proven liars - whatever

Published 563 days ago

Today's death spiral funding for MySquar (MYSQ) is bad enough as I explained HERE. But now let's look at who is providing that funding - I'll tell you who: proven liars. Natch Nomad SP Angel should have flagged this up but since it is prepared to overlook brazen securities fraud as long as it banks another retainer for the coke & hookers fund, we know that it is morally bankrupt. Anyhow back to the liars now in business with the holocaust denying fraudsters of MySquar.

Holocaust denying fraudsters MySquar in death spiral shocker - despite saying would never need to raise funds again - Part 1

Published 563 days ago

When MySquar (MYSQ) misled investors to get away a £1.2 million fund raise in on July 31 2017 it said it would never have to raise cash again. Well it did not take long for a change of mind from the holocaust denying fraudsters did it? And this fund raise  announced today is dodgy as hell, yet another mega red flag. So lets go through the lies and spoofs in order up to the latest spoof.

Tom Winnifrith Bearcast: How many black, gay, vegan men are there in Britain who have not yet featured on the BBC?

Published 564 days ago

I start with a bit of a go at BBC Radio 4 for its quitee lamentable content this morning. I am somewhat prompted by my thoughts on the Oscars HERE. I then looked at Just Eat (JE.), Luceco (LUCE), Challenger Acquistions (CHAL), Falanx (FLX) - where I am glad to be a shareholder - MySquar (MYSQ), the holocaust denying fraudsters and Online BlockChain (OBC).  

More than 60% sold out - grab your complimentary UK Investor Show ticket while you can - TODAY

Published 565 days ago

Even though the event is still more than 7 weeks away on April 21, the Global Group UK Investor Show is now more than 60% booked out - we have never seen demand like this in 17 years. 

DEADLINE MIDNIGHT SUNDAY Gavin Burnell of Globo infamy - next job after Beaufort prize competition

Published 566 days ago

Following the sad demise of Beaufort Securities yesterday one chap looking for a new job is Gavin Burnell, the man who brought the fraud Globo to market and made a killing as one of its NEDS, the man who brought you uber dog Magnolia and whose CV is a resume of shareholder value destruction. Natch he was an obvious candidate to work in corporate broking at a place like Belfort but where will shamed Burnell go next? You can win a bottle of champagne in our new prize contest.

Kibo Mining: Lightning strikes twice and this time it looks even messier

Published 566 days ago

Almost exactly three years ago, Kibo Mining (KIBO) raised funds from Hume Capital, a couple of weeks before it went into administration still holding the placing proceeds. Somewhat unbelievably, history has repeated itself with Beaufort Securities going into insolvency on Friday. It looks like a right old mess.

Notes from Underground: Chocolate teapot

Published 566 days ago

The number one story this week is the FCA forcing Beaufort Securities into administration. It is notable both because it was published only on Friday, yet it is the number one story this week but also it is a rare example of the FCA actually doing anything at all.

Beaufort - it gets worse - named in $50m fraud and Money laundering case in US

Published 567 days ago

Is this why the FCA put Beaufort into special administration today? Not only is it insolvent but here is a press release from New York. Ouch.

Pathfinder tries to gag critics with lawyers letters but again accused of lying via RNS and reported to regulators

Published 568 days ago

I gather that at least one critic of the current management at Pathfinder Minerals (PFP) has now received a lawyers letter in an attempt to gag him. So when the company last passed the hat around did it say that it would use the cash to hire expensive lawyers to attack those who had the nerve to question discredited boss Nick Trew and pompous Tory Toff MP NED Sir Henry Bellingham of the fraud 3DM infamy? Feeling rather left out I have an explosive letter below which alledges that Pathfinder is again misleading investors.

MySquar shares slipping shouldn't the fraudsters be making a statement?

Published 570 days ago

I know that MySquar (MYSQ) prefers to leak speculation and innuendo as news via the fraudsters poodle journalist of choice, Rob Terry's pal Ben Harrington, but perhaps the holocaust denying fraudsters might consider an RNS PDQ!

Tom Winnifrith Bearcast: I don't forget - why Sir Henry Bellingham MP rings a bell & is such a mega red flag

Published 572 days ago

In today's bearcast I discuss the corporate history of Sir Henry Bellingham MP notably the fraud he was deeply involved with for six years - 3DM. That leaves me backing today's calls for him to resign from Pathfinder Minerals (PFP). He is a massive red flag just like ex Tory MP Tony Baldry now of Westminster (WSG) but who was also involved in the nest of vipers that was 3DM. I discuss my settlement with Roger Lawson of ShareSoc. And then I look at the bizarre share transactions at BCA Marketplace (BCA) and what they mean, i.e SELL!

Time is up for Nick Trew and trougher Sir Henry Bellingham MP at Pathfinder - are they misleading investors?

Published 572 days ago

I first encountered Sir Henry Bellingham MP when he rented out his good name to the wholesale AIM fraud that was 3DM (now in administration). Did he care that there was massive evidence of fraud? Well not enough to resign for many years while taking his fees. He is the sort of A Grade troughing shite that gives Tory MPs such a bad name. He is now a director of Pathfinder Minerals (PFP), but for how long. Richard Jennings of Align Research owns 4% of the stock and is now calling for Sir Hal and CEO Nick Trew to go at once. I support that call. Jennings has published a very strong letter indeed today making damning accusations.  Over to Richard:

More than 300 UK Investor tickets booked so far this week, grab your complimentary seat while stocks last

Published 573 days ago

More than 300 tickets for the UK Investor show have been reserved this week alone. That is more than 10% of the available stock. More than half the seats at the UK Investor Show have already been booked even though the event is still two months away - we have never seen demand like this in 17 years. Get your seat while stocks last...

Tom Winnifrith Bearcast - My friend goes down for 21 months but the real story is Neil Woodford's £45m overdraft

Published 574 days ago

My friend and former colleague the aristocrat Dru Edmonstone was - as widely reported - sentenced to 21 months last week for a £60,000 benefits fraud, something the pathetic wretch did to fund his spread betting addiction. I discuss this and ask does a case like that of Dru justify the current clampdown on spreadbetters. I think such a clampdown would not have stopped Dru for addicts will always find a way. I discuss the odd goings on at Saffron Energy (SRON) which hardly inspire confideence. But my main focus is on the revelation HERE by Cynical Bear that Neil Woodford's flagship £7.1 billlion fund has taken on an overdraft, as an emergency measure to fund either redemptions or a growing collection of falling knives or both. If Woodford believes what he says about markets being overvalued - and I do - this is a sign that Britain's most conceited fund manager has completely lost the plot and may be not that far from the final collapse. 

Cloudtag tells its dumb investors that it will relist - blames Nomad Cairn for AIM exit

Published 580 days ago

If you were dumb enough to own shares in the fraud Cloudtag (CTAG) before it was booted off the AIM casino you will swallow any old horse. If proof was needed of this two investors, from the Shareholders Group committee, met with the company's CEO Amit Ben Haim and its IR man Jamie Bligh on 13 February. The minutes are a hoot and can be accessed below.

UK Oil & Gas, the Race to Berlin. Sell at 2.9p

Published 581 days ago

Last year I was involved in two rollercoaster rides, UK Oil & Gas (UKOG) and Cloudtag (CTAG). Having called UK Oil a sell at 3.1p, I saw it go to 11p. As I write it is sub 3p. In July when it was around 6p I used a WW2 analogy and suggested that the army of bulls had reached Stalingrad. To continue the theme it is looking like Berlin is all but surrounded.

Ariadne St Valentines Day Fake News Special - Part 3: unpaid bills

Published 582 days ago

The massive St Valentines day Fake News own goal posted by Julie Meyer MBE on the website of Ariadne Capital Group Limited in Malta (not to be confused with Ariadne Capital Limited (in Administration) is full of gems. Now let us turn to point 9, the matter of unpaid bills, which Ms Meyer reckons is all fake news. She states:

EXPLOSIVE: LinkedIn censors John Galt but I publish "Julie Meyer: A history of scandal and lawsuits" #Metootech

Published 584 days ago

An ex employee of Ariadne Capital, terming him self John Galt after the Ayn Rand character has already exposed the truth behind the myth that is First Tuesday. In his second post on LinkedIn he now exposed the series of scandals and lawsuits that have marked the career of Julie Meyer MBE of Ariadne.  His punishment, someone complained and his account has been suspended. Luckily I copied the posting before that happened and so since I really am a free speech supporting libertarian unlike some folks I could mention...

Julie Meyer's clownish lawyer at Ariadne says attacks on Ariadne are all "fake news"

Published 586 days ago

It reminds me of the opening scenes at a big tech conference a few years ago.  The compare asks the first speaker: tell me a bad technology joke. The guy says "Julie Meyer" and the audience bursts out laughing.  Anyhow, for today's comedy from the crumbling empire and you really could not make this up... 

Notes from Underground - They call them the Flash

Published 587 days ago

I was reading the home town newspaper online ahd have found the securities commission that is far more effective than the living statues at the FCA. After a mere ten years, the British Columbia Securities Commission has decided to act and seize the assets of fraudsters that they identified a decade ago. You can just imagine that discussions at the FCA: Are they on drugs? How is such speed even possible?

BMR Scandal - what about the November Placing? A Very Angry Bear comes a-calling

Published 590 days ago

Further to my pieces on the BMR Scandal, we might note that BMR completed a Placing via those fine upstanding chaps at Peterhouse Corporate Finance to raise £0.8 million at 2p, as announced on 14 November last year. This was, of course, when BMR knew – but the market did not – that it had received a default notice regarding its Kabwe project in Zambia.

BMR Scandal – Jubilee says it knew nothing of the default notice.

Published 590 days ago

Well, well. Yesterday AIM-listed BMR ‘fessed up that it had received a default notice way back in September from the Zambian authorities with reference to its Kabwe project. The company didn’t notify the market of that until yesterday, when it ‘fessed up that it has now been stripped of the license. So what of its joint venture partner, fellow AIM-listed Jubilee Metals Group (formerly Jubilee Platinum, JLP): what did it know?

Is this an early April fool video: The fraud Cloudtag is getting into blockchain?

Published 590 days ago

Remember the fraud Cloudtag (CTAG), booted off AIM after its Nomad quit after it told just one too many total lies? Perhaps this is a spoof but it seems that fitness bands are not the place to be, Cloudtag is getting into blockchain. Natch! 

Julie Meyer presenting in London on Friday - wants YOUR money - here is her slidedeck

Published 590 days ago

Given the administrators bombshell report into the demise of Ariadne HERE, the administrator's shocking report into the demise of Taggstar HERE and all the other shocking exposes on Julie Meyer we have run HERE would you be rushing to hand this woman any of your cash? But it seems she wants it. 

The WPCT scandal – Shareholders should contact the Board and the FCA immediately

Published 592 days ago

I’m not normally one for emotive comment but my “Big Short” thesis at Woodford Patient Capital Trust (WPCT) is playing out almost exactly as I anticipated, albeit more quickly than I imagined, and it is an absolute scandal, make no mistake. All shareholders should be seeking redress and recompense immediately. Let me explain.

IQE - How this plays out Monday Morning & a heartfelt apology from me

Published 594 days ago

I see that smarmy lefty millionaire comedian Bob Mortimer is boasting in today's Sunday Telegraph about how he bought IQE (IQE) as a penny stock and it is now 163p. Methinks not Bob. I warmed folks to sell at 138.5p in a detailed dossier published in October HERE. Matt Earl's 36 page note of Friday has really set the cat among the pigeons. The shares are 104p but will - I suspect - tank on Monday.

Notes from Underground: How about a top 30 for once?

Published 594 days ago

I'm looking at the top ten most read stories below and it occurs to me: have you seen most these stories covered anywhere else? Other than publications picking up on our coverage?

Julie Meyer: What we know about First Tuesday

Published 596 days ago

John Galt is, as you know, an Ayn Rand character. It is also the "nom de plume" of a former senior staffer at Ariadne Capital Limited (now in a shocking administration after £10.5 million disappeared in 10 months as we revealed HERE) who has said that he will expose Ms Meyer. His opening salvo has appeared on LinkedIn today.

BT Group - what price no growth, a 6% dividend and unchanged forecasts?

Published 596 days ago

I had a bit of a rant yesterday about three FTSE-100 behemoths that were dividend-heavy but consensus buys and not offering - in my opinion - value. I don't think BT Group (BT.A) is in this grouping however despite being dividend-heavy and suffering a falling share price today because basically it is very out-of-favour.

STRANGE BEDFELLOWS: Julie Meyer cites those who sent me death threats & defend fraud as she defames me on LinkedIn

Published 599 days ago

Poor Julie Meyer. The Times this morning picked up on her increasingly bizarre attacks on ex employees, suppliers owed money and me on LinkedIn "Wow . . . just all I can say is freaking Wow". Indeed Julie. I pointed out to Julie's lawyer that her post on me was defamatory and he said he'd advised her to take it down but, hey ho, it stays up. Anyone who thinks citing the folks who send me death threats, shit in the post and more, because I was exposing the £3 billion Quindell fraud, as witnesses for their side is, I put it to you, keeping strange bedfellows.

Telit announcement - ShareProphets RNS Translation Service

Published 600 days ago

Yesterday Telit (TCM) got tame journalist Ben Harrington to leak that it had received bids for its only asset of value its auto division. That has forced a statement which is, of course, all spin. Here is the ShareProphets translation service. Our comments are in bold.

KPMG in the soup again as FRC opens investigation into Carillion

Published 600 days ago

The only UK financial watchdog that is anything other than a poodle has again bared its teeth and again it is the auditors at KPMG that are in the firing line, this time over Carillion (CLLN). Still being investigatred over its role in the Quindell fraud, let off the hook on HBOS, KPMG at least knows how the Financial Reporting Council works.

Telit - the fraudsters favourite "journalist" has "news"

Published 601 days ago

Ben Harrington is the go to journalist if you are a fraudster who wants to leak news and get a positive spin on it, just ask Rob Terry or the apologists for genocide and securities fraudsters at MySquar. So natch Telit (TCM) has asked him to leak news of the possible sale of its crown jewels , itts aiuto division. Hmmmm.

Notes from Underground: I have a bad feeling about this

Published 601 days ago

Tom brings up crytocurrency fraud here - The Anatomy of CryptoCurrency Scams (tweaked) - but I get the sinking feeling that cryptocurrencies is going to be the next step in ShareProphets' fraud busting path.

Watchstone - Lack of Profits Warning and SFO update

Published 603 days ago

For those who think Rob Terry,, the king of the fraudsters, has got away with the £3 billion Quindell (QPP) scam, there was confirmation today that the Serious Fraud Investigation continues. Actually you can see that on the SFO's website but that Watchstone (WTG) - Quenron wi8th a face lift - confirmed it suggests it is still co-operating. Of course it is. Its new managers loathe the criminal Terry. I do expect arrests this year. The other news - a lack of profits warning and again this is Terry's mess.

BREAKING: Hey Milestone – anything you want to tell us? Oh, OK, we'll tell then...

Published 606 days ago

AIM-listed Milestone Group (MSG) has been up to its neck in controversy for over a year now, but I wonder if the company has had some bad news it hasn’t quite got around to sharing. This is regarding its blockshain spoofery (oops), I mean its software license agreement with Black Cactus Global Inc (Envoy Group as was) which we were told it had entered into on 6 December.

RSM Tenon (now ArrandCo) & audit Partner Jeremy Filley fined big time by FRC over Quindell thanks to Tom Winnifrith

Published 606 days ago

The Financial Reporting Council has today fined audit firm ArrandCo, formerly known as RSM Tenon, £1 million ( reduced by 30% for co-operating) and audit partner Jeremy Filley £80,000 ( reduced to £56,000) for allowing the fraud Quindell (QPP) to publish fraudulent 2011 accounts. No doubt Snot Gobbler Dan McCrum at the FT is again about to produce a timeline taking credit for this but the FRC has stated explicitly that it widened its enquiries to include the 2011 accounts only because of specific allegation raised by me as you can see HERE.  These fines are down to my work, not that the deadwood press will ever acknowledge that. So how did Rob Terry and his associated in the Quenron gang, cook the books with the help of Filley and RSM Tenon.

Parabolic moves don't end up going sidewards

Published 607 days ago

Looking at all bull markets in the S&P since the year 1900, and then examined what happened in the very first year after each of those bull markets ended is interesting. In the first year of the bear market after the last full year of the bull market the numbers were striking and could be useful if 2017 ends up being the peak of the bull market.

Filthy Forty China Fraud Taihua – already off AIM, now Companies House is threatening strike-off

Published 610 days ago

I see that former ShareProphets AIM-China Filthy Forty play Taihua (TAIH) (note former, as it left AIM via tha HaraKiri route last May) has had an unfortunate missive from Companies House. This, of course, was yet another AIM-China play festooned in Red Flags, but an EGM waved through the AIM delisting as shareholders were told that major shareholders Messers Yin and Liu had signified their intent to purchase ordinary shares from other shareholders after the delisting.

Tom Winnifrith Bearcast - classic cars, Begbies rad flags, insider dealing and Carpetright - it is all ending in tears

Published 610 days ago

I start with US classic car prices. It is relevant, bear with me. Then it is onto the Begbies (BEG) red flag report, a real bombshell. Then Carpetright (CPR), Bonmarche (BON), Dignity (DTY), RM2 (RM2), Online Blockcrap (OBC) and Character Group (CCT). I also look at today's article in te Times on insider dealing and welfare fraud.

ShareProphets AIM-China 'Filthy Forty' – another one bites the dust, just 8 left (& another on its way)

Published 612 days ago

This morning it was announced that Alpha Returns Group (ARGP) has been unable to replace Roland Fatty Cornish as Nomad and that it is off to the AIM Execution Chamber over the weekend. With Haike Chemical (HAIK) having announced yesterday that it is considering (ie certain to) delist, that will be the ShareProphets AIM-China Filthy Forty down to just seven companies. They are still dropping like flies, then.

Ariadne Capital - I remove an article and here is its statement

Published 612 days ago

Lawyers for Ariadne Group and Julie Meyer have demanded that I withdraw an article of 9th January about Ariadne Capital Ltd (in administration) and Ms Meyer - a letter to the FCA and publish their statement. I am always happy to help those doing God's will and have removed the piece.

Julie Meyer MBE accuses administrators of misleading - but she is talking obvious bollocks

Published 615 days ago

The woman branded borderline "hysterical" and accused of giving evidence that was "not credible" by a High Court Judge in 2016, Ms Julie "Praise The Lord" Meyer MBE has lashed out at the administrators of Taggstar Ltd accusing it of misleading folks over allegations made by Meyer's successor as sole director, in a report itr publishbed that Meyer is a thief and a fraudster. She is the victim, natch. Poor dear.

Notes from Underground: Feeling tired and emotional

Published 615 days ago

I've picked up this week's Private Eye and noted that they have chosen the Telit/Oozi Cats/Uzi Katz scandal for first place in their 2017 awards. And who do they credit for breaking the story? Quote: an Italian newspaper.

AIQ Limited – now suspended - Graham Chester unearths another “not a Red Flag”

Published 617 days ago

Our good friend and occasional correspondent in these parts, Graham Chester, has also been looking at Standard Listed (as of Tuesday) AIQ (AIQ), which rose from 8p to 125p to have a value of £62.5 million for its £3.6 million of cash and nothing else. Like me, he has become a bit of an anorak on China Frauds so when a familiar name crops up….

PS How do you make a Maltese Cross? Dunno, ask Julie Meyer she's the expert! - Offshore problems mount for Dragon's Den star

Published 619 days ago

In the UK the former Dragon's Den star who is a fully paid up member of the great and the good, Julie "Praise be the Lord" Meyer MBE stands accused of fraud and theft as we revealed HERE. - this is a charge she vigorously denies see HERE The FCA has now said that it is looking in to her and her flagship company Ariadne is in administration. But what of her offshore bolt hole in Malta where she runs five companies and is, pro tem, regulated to run her fund?

Ref Dragon's Den MBE Julie Meyer - a letter with questions to Leonard Curtis, administrator to Ariadne Capital

Published 620 days ago

The stink surrounding former Dragon's Den Star Julie Meyer MBE, a member of the great and the good, grows by the minute. More and more folks are coming forward to spill the beans and Julie should brace herself for a stack more exposes to follow the exposes already published. Let's start with a letter to Ms Charlotte John, who works for Leonard Curtis, the administrator of Meyer's flagship company Ariadne Capital Ltd. I have sent her a letter. Smiley face.

Tom Winnifrith Bearcast - when you are a proven fraudster anything you say must be suspect

Published 621 days ago

In today's podcast I reflect oin how good it is to be back at home with my son and heir Joshua causing me sleep deprivation and Oakley the cat pissing on the doorstep. I end with my battles with Bath Spa which continue but I have an invitation which would allow me to go National on it if BS does not do the right thing.  I explain this. The meat of the podcast covers MySquar (MYSQ) - the fraudtsers - and Julie Meyer MBE, Mothercare (MTC), Conroy Gold (CGNR) and Prospex Oil & Gas (PXOG). Finally I have a question or two for Fishing Republic (FISH)  about its acting CEO

EXPLOSIVE REPORT: Julie Meyer MBE & Ariadne Capital accused of fraud and theft

Published 621 days ago

In part one of the review of Julie Meyer's career as an an investor we finished our round-up with Taggstar, a company where Julie "doing the will of God" Meyer MBE was the sole director until 12 April 2017 and which went tits up in June 2017 leaving unpaid bills of £924,340. The report of the liquidator is damning and accuses Julie and Ariadne Capital of fraud and theft.

Julie Meyer MBE - another court case at 2PM on the Strand today - Meet Ilona Simpson & the pals of Boris from his hitman days also up

Published 621 days ago

 In 2016 to great fanfare Julie Meyer's Ariadne Capital announced that it had secured the services of Ilona Simpson as a "senior advisor and venture partner". Heck who would not want to work with Julie Meyer MBE, a member of the great and the good. Ilona is clearly a real BSD in the world of auto and this was a big hire for Meyer. Wind forward to today in Royal Courts of Justice at 2PM

Tom Winnifrith Bearcast: Julie Meyer, Neil Woodford & MySquar - all rotters

Published 622 days ago

In today's podcast I start with a few more words on Julie Meyer MBE although my formal series on her will only continue tomorrow. Then it is onto Neil Woodford in light of today's most excellent piece by Cynical Bear here. Finally I comment on the fraud MySquar (MYSQ) in light of today's article in the Sunday Times.

Tom Winnifrith Bearcast: Happy 50th to the Pizza Hardman, I celebrate my own a week early with the Mrs

Published 624 days ago

I think it is Darren Atwater's 50th today. I wish him happy returns anyway. My own 50th is a week away but I celebrate a few days early so no bearcast tomorrow. In this podcast I discuss: Deltex (DEMG), Union Jack (UJO), Egdon (EDR), UK Oil & Gas (UKOG), FastForward (FFWD) and the bubble in pot stocks and why it must burst, Premier Africa (PREM) and the fraud MySquar (MYSQ) 

ShareProphets China AIM 'Filthy Forty' update – New Year, New Departures edition

Published 624 days ago

Another year, another set of de-listing developments amongst the (few) remaining ShareProphets China AIM 'Filthy Forty'. Who's next to follow the likes of Geong International and co in 'Geong, Geong' and then Gone?...

Tom Winnifrith Bonus Bearcast - what to make of the "bid approach" for the FRAUD MySquar

Published 625 days ago

After leaking stories of a bid approach to the fraudsters favourite website, MySquar (MYSQ) put out an odd statement yesterday. The shares rocketed. What to make of it all? Remember this is a company that comitted large scale and blatant securities fraud in July 2017 and view matters in that context.

The ShareProphets 24 share tips of the year: No 25 a sell from Tom Winnifrith

Published 628 days ago

Between December 24 and January 2 we are serving up 24 share tips of the year from our team of writers at ShareProphets. The share tips are for paying subscribers only. Next up is a sell tip, the seventh pick from Tom Winnifrith.

FIVE Slam Dunk shares to sell for 2018

Published 628 days ago

OK, I’m breaking all the rules – the deal was two long tips and here I am with a third tip of the year and it is five stocks and they are shorts (or at least avoids). Still, as Cynical Bear knows, rules are for breaking, and in any case we both broke the rules in our suggestions for shares looking for a Christmas surge when we named two, not one.

Scandal! Profits! Cats! ShareProphets most read stories of the year

Published 629 days ago

In the last year, ShareProphets has produced 3733 articles from the scandals of Telit's Oozi Cats to the scandals of African Potash to the scandals of Cloudtag. Here are the 100 articles and 25 Bearcasts that were most read by ShareProphets readers.

The ShareProphets 24 share tips of the year: No 17 a sell from Tom Winnifrith

Published 631 days ago

Between December 24 and January 2 we are serving up 24 share tips of the year from our team of writers at ShareProphets. The share tips are for paying subscribers only. Next up is a sell tip, the fourth idea ( of eight)  from Tom Winnifrith.

Filthy 40 China fraud Aquatic Foods – So long, and thanks for all the fish

Published 631 days ago

With apologies to Douglas Adams, as long predicted here on ShareProphets AIM-China Filthy Forty play Aquatic Foods (AFG) didn’t get its 2016 accounts out and the AIM Executioner has done its duty. After six months suspended, it has been given the boot.

Telit says bank grants covenant waiver - 2 Massive Questions unanswered

Published 632 days ago

Telit (TCM), the drowning in debt IOT company set up by fraudster and fugitive from Justice Uzi Katz, has announced that its bank has granted an advance waiver for the potential breach of covenants as at 31 December 2017. Telit says that it and its banksters "remain in discussions with regard to amending its covenant package for future periods." This begs two massive questions.

The ShareProphets 24 share tips of the year: No 10 a sell from Tom Winnifrith

Published 633 days ago

Between December 24 and January 2 we are serving up 24 share tips of the year from our team of writers at ShareProphets. The share tips are for paying subscribers only. Next up, the second of eight ideas (four buys four sells) from Tom Winnifrith

From Globo to Bitcoin natch - the Greek fraudster of the year is back

Published 634 days ago

You can't keep a good man down, or indeed a bad man. I refer to Greece's perennial entrant in the European fraudster of the year contest, Mr Konstantinos "Costis" Papadimitrakopoulos. You will remember him as the creator and CEO of the fraud Globo (GBO) and a man who was able to sell all his shares before we exposed him HERE and the stock was suspended, after Dan "snot gobbler" McCrum of the FT alerted him that the game was almost up. As you can from LinkedIn see Costis has a new venture and also sees Bitcoin as an area to get into. And who said that the crypto currency was mainly a place to launder ill gotten gains?

Tom Winnifrith Bearcast: Merry Christmas to you all unless...

Published 637 days ago

I start with the issue that has been bugging me all week, there is light at the end of the tunnel. I review a number of villains like Rob Terry, MySquar's holocaust denying fraudster scumbag of a CEO Schaer & also the China team at Pinsent Masons and look at what 2018 has in store for them. I ask very serious questions indeed of the compliance department at Woodford Capital as Cynical Bear continues to take Neil Woodford apart. My experience as a failed fund manager gives me some insight into the mess I think Nomates is now in. I look at the shocking behaviour of London Capital (LCG) and Real Good Food (RGD) on Friday. Tosserrs. And, like Malcolm, I have a Christmas message for you all and send you all my best wishes. That is unless you are Woodford, Terry etc

Cloudtag's Christmas message to its moronic shareholders

Published 638 days ago

The fraud du jour of 12 months ago Cloudtag (CTAG) continues to pretend it is a real company with real operations. Its website even has a year end message from CEO Amit Ben Haim. It doers not have FY 2016 or H1 2017 financial results but who cares about numbers when you have Amit spouting 100% bull. Amit tells his moronic followers: 

Milestone Group: Well he’s no Uzi Katz but Larry’s still got some front

Published 645 days ago

With Milestone Group (MSG) still unable or unwilling to put out an announcement to its shareholders about its relationship with Lyin’ Larry Cummins, I thought I would keep the pressure on with a couple of snippets that I find amusing about the fraudulent front of the man. I mean he’s not a writer, gardener, ballet dancer or boxer from Boston but I still find it amusing.

Telit - now it's a bottom line profits warning and an admission that there will be worse in 2018

Published 645 days ago

Telit Communications (TCM), the AIM dog founded by Boston fraudster Uzi Katz and now run by insider dealer Yosi Fait has now clarified its most recent profits warning of 23 November. There is good news, bad news and very bad news indeed. And there is a lack of news on one front which is also bad news. In short this stinks.

Chatting to the SEC about Larry Cummins of Milestone infamy as a CV liar goes to jail

Published 646 days ago

That Larry Cummins of Black Cactus is a proven liar is now widely accepted. What is stunning is that AIM listed Milestone (MSG) whose entire market value is based on the belief that a deal with Black Cactus is worth something has failed to comment. Maybe the Securities & Exchange Commission in the US will force its hand.

Tom Winnifrith Bearcast: waiting for an email from the Oxford University Alumni department

Published 649 days ago

Yes I have spent much of the morning in conversation with folks in the City of my birth. I do have an Oxford degree - does Larry Cummins of Milestone (MSG)? The questions mount, the shares are tumbling -  I explain whay happens next. I look at the latest bullshit from holocaust denying fraudsters MySquar (MYSQ), comment on the pointless ramp of boiler room dog Inspirit(INSP) on UK Oil & Gas (UKOG) and on Anglo African Oil (AAOG) and finally have a few words on a stock we own, Sosandar (SOS).

UK General Election by the Spring?

Published 649 days ago

British voters increasingly think Brexit is being mishandled. This doesn’t mean they’re turning their backs on the idea of abandoning the European Union just on Prime Minister Theresa May’s Conservative government.

Tom Winnifrith Bearcast - the real import of the major scoops we have tomorrow showing lying and worse at 2 AIM companies

Published 651 days ago

Tomorrow we will run stories on 2 AIM listed companies showing evidence of wholesale lying and worse. I will show why even a small lie matters and why the real scandal is that in case 2 this is a leopard who is re-offending and the weedy spineless poltroons at AIM Regulation knew of his character before allowing him scope to re-offend. I also question why Gavin Burnell of Globo infamy is allowed to remain as a fox inside the regulatory chicken-coop while investigations into that fraud continue.

Tom Winnifrith Bearcast: ADVFN & Online talk 100% crypto-bollocks - does anyone swallow this shite?

Published 653 days ago

Today Joshua and I have coffee with the fit young mums then we are off to go to his first business lunch. I have a work lunch and my boy is coming too. That is the deal for folks wanting to meet up on a Wednesday to Friday. I start today's podcast with ADVFN (AFN) and On-Line (ONL) talking pure 100% unadulterated crypto bollocks. Then it is onto Advanced Oncotherapy (AVO) - good news yes but given its track record of allowing insider dealing, misleading customers and investors and, arguably, wholesale securities fraud I would not buy. I look at The People's Operator (TPOP) and question the wording of today's RNS - the shares are 71% down but this could well be toast by Christmas - look at the wording again! Finally a few words on the latest news from the boiler room and the dog Sabien (SNT) 

Lying thieving stockmarket fraudster James Longley forgets Sam Antar's first and second rules of fraud

Published 654 days ago

The great Sam is clear. The job of a fraudster is to steal as much money as possible. So rule one is never do anything which distracts you from theft. Rule two is to ignore your critics completely. Firstly because attacking them breaks rule one, it leaves less time for stealing and secondly because it only goads the critics and gives them the oxygen of publicity. That brings us to James Longley of Plutus Powergen (PPG), Fandango Holdings (FHP), Papillion Holdings (PPHP) and Stranger Holdings (STHP) who is a liar, fraudster and thief.

An Open Letter to the FRC: Please investigate MySquar for overstating assets and understating losses

Published 655 days ago

As you know, the folks round at the Financial Reporting Council are the one watchdog that is prepared to bare its teeth when it comes to wrongdoing on the AIM Casino and are also good pals of mine, truly appreciative of my work. And thus I have written to them about the holocuast denying fraudsters at MySquar (MYSQ) requesting that it launch a formal investigation into how it cooks its books. 

Notes from Underground: Putting your portfolio up in smoke, willingly

Published 657 days ago

This week, ShareProphets writers presented seven tips to buy for Christmas, including one from me. My original suggestion was vetoed by Tom as being 'not on AIM' and 'too weird.' But I'll share it with you now.

Tom Winnifrith Bearcast: Fraudster Eric Schaer & Piers Pottinger you are holocaust deniers and your numbers are shit too

Published 660 days ago

I refer to my earlier piece on the evil language used by MySquar (MYSQ) to describe the state sponsored genocide in Myanmar. In light of that I accuse Eric Schaer, Piers Pottinger and their evil PR spinner Damian McCrystal of being holocaust deniers. As a bonus results out today show the clear fraud that occurred in July, throw up even more red flags, very dodgy accounting and demonstrate why this is a cash guzzling, worthless crock of shit. I also cover R4E (R4E), shares in which we own, and ITM Power (ITM).

MySquar - Eric Schaer & Piers Pottinger may your souls burn in hell, you are despicable & evil

Published 660 days ago

I shall cover the abject results from fraud MySquar (MYSQ) in detail later. But first there is the matter of why the souls of CEO Eric Schaer and chairman Piers Pottinger will burn in hell. They are men beneath contempt - I refer you to a statement in today's numbers relating to events in Myanmar.

Ominous silence from Quindell fraudster Rob Terry - might the SFO have news soon?

Published 663 days ago

Normally the king of the fraudsters, Rob Terry of Quindell (QPP) infamy cannot keep quiet. He is desperate to tell us all about new disruptive developments at his new Ponzi, Quob Park. But as you can see below, the great man's Knob Park blog has been silent for almost three months. Perhaps there is something else on his mind?

Tom Winnifrith Bearcast - 10 questions for Telit,a zero or near zero in waiting

Published 664 days ago

After three profits warnings since August 7 and the forced departure of its founder and CEO, the Boston fraudster, Uzi Katz, Telit (TCM) is still not coming clean with us. Part of the blame for that must lie with its morally bankrupt Nomad FinnCap. And so I have 10 questions for it and offer up my probable answers since Telit does not do transparency.

Telit Fraud Finally Begins to Tell It Like it Is. Sell at 145p

Published 665 days ago

Finally the truth is beginning to emerge at the London-listed, Israeli-based Internet-Of-Things fraud Telit Comunications (TCM) - one of my top three shorts along with Purplebricks (PURP) and UK Oil & Gas (UKOG).

Missed out on the Globo fraud fear not Gavin Burnell is backing another wannabe AIM "winner"

Published 665 days ago

Some folks have no shame. I talk not of serial promoter of dogs and frauds Gavin Burnell but of AIM Regulation who are allowing another Burnell backed "winner" to list. The high point of Gavin's career was of course Globo which he brought to AIM via an RTO, where he was a very well paid NED, made a killing selling shares and which was then exposed as a fraud HERE and went bust within 72 hours. Of course Gavin did nothing wrong. The CV gets better

Telit - 3 profits warnings in four months, Yosi Fait "cleared" of insider dealing now full time boss - sell

Published 667 days ago

Yosi Fait sold all his shares in Telit (TCM) AFTER it breached its banking covenants which as FD he must have known about as he must also have been aware that first half trading was way below forecast. But the company's new chairman has taken external legal guidance and said Yosi did nothing wrong and so has appointed him full time CEO. Well that's alright then. But there is yet another catastrophic profits warning ( as predicted) which begs the question of how great is debt now and will bank covenants be breached again?

Non paying registered users are total vanity, cash is reality - the FRAUD MySquar spoofs the morons again

Published 668 days ago

In the gold old days the fraud MySquar (MYSQ) used to report breathlessly on average daily sales volumes - that is to say cash coming in. But - as we subsequently discovered - that was largely related party non core income and it fell off a cliff on July 1. Not that MySquar bothered to let us know about that until it had got a bailout placing away. On any other market than the AIM Casino that would be securities fraud. Heck, even on the Zimbabwe Stock Exchange you'd get your collar felt for that. But on AIM fraud is okay as long as you pay your fees. Anyhow these days MySquar serves up different bollocks.

Mkango Groupies - do you realise just how 100% fecked Noble Group is?

Published 671 days ago

Shares in Mkango Resources (MKA) rocketed last week after it announced a tie up with Singapore based Noble Group which committed Noble to invest £12 million to get a 49% stake in Mkango's Songwe asset. But folks fail to appreciate that there is no guarantee that Noble has the cash to meet its commitments. It's bonds are junk rated and it is quite simple fecked. And it gets worse.

UK Oil and Gas: Death Spiral Announcement Makes Shorting at 4.6p the trade for Christmas.

Published 672 days ago

I suggested last week that the time had come for oil stock promotion UK Oil & Gas (UKOG) to come clean about its financial position and update the market on where it stood on its flow testing at Broadford Bridge. I suggested the shares were a sure fire short at 4.6p.

Tom Winnifrith Bearcast - a few ideas on which 40 AIM and small cap stocks will the FRC be spanking

Published 673 days ago

I start this podcast with a look at Carillion (CLLN) where I wonder if Steve's damning verdict HERE is just a bit too generous. The boy is too much of a nice guy for his own good.  Then it is onto the FRC which will be writing to 40 AIM and Small Cap companies ahead of them publishing FY numbers. I have a few ideas who and on what areas. The FRC are of course the UK's best regulator if only for recognising the work of the UK's top investigative financial journalist.  Then I look at Angus Energy (ANGS) and finally there is a detailed discussion on MySquar (FRAUD)

Angus Energy shares crash - the read across to UK Oil & Gas - wake up and smell the coffee Morons

Published 673 days ago

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.

Filthy Forty Walcom – no silk purse, it’s a sow’s ear of a trading statement

Published 676 days ago

ShareProphets AIM-China Filthy Forty play Walcom (WALG) hasn’t provided as much entertainment as some of its fraudulent brethren, but yesterday’s trading statement – issued at 10.36am, so bad news – is a bit of a gift.

Filthy Forty Asian Growth Properties – another big payout ahead but it’s cheerio and an indictment of AIM

Published 677 days ago

ShareProphets AIM-China Filthy Forty play Asian Growth Properties (AGP) has announced that is it throwing in the towel on its AIM listing, and is to dispose of its assets and return the cash to shareholders. This is expected to amount to about 48p per share – to add to the huge dividends paid out over the last couple of years. It is, in many way, a startling result although the reasons behind the delisting cast a pall of shame on the AIM Casino and thus the London Stock Exchange.

Rurelec – confusion as Peter Earl bid appears to have fallen apart, or has it? Statement needed now!

Published 683 days ago

On 11 October AIM-listed Rurelec (RUR) put out an announcement regarding a possible offer led by former head honcho Peter Earl and involving a company which was named as IEH Limited which may or may fund the deal. Yesterday a company called InterEnergy Holdings said that it thinks it was the company referred to as IEH Limited, and that it has no intention of making as offer – and there is no comment at all from Rurelec. 

BREAKING: Three rats desert the sinking fraud ship that is African Potash - but when did they jump? Oh dear...

Published 684 days ago

On 25 October the fraud African Potash (AFPO), now listed on the NEX lobster pot having been slung off AIM, managed to raise £60,000 gross (call it £45,00 net) at just 0.06p to keep the lights on. It is still drowning in liabilities and clearly insolvent. Hey ho, wind forward 12 days to today....

RedX Pharma – exit from administration, return to trading on AIM from midday but serious questions remain

Published 684 days ago

We have been following closely the story of RedX Pharma plc (REDX) as it ran out of other people’s money and went into administration. Now, after just over five months on the suspended list, the company has been successfully restructured and it is all systems go. This is very good news for the company’s shareholders, but questions remain – not least of which is what happened to the Administrators’ Final Report. The company announced it had published the whole thing on its website but I can’t  find it. And the relevant filings at Companies House are still missing. No doubt they will appear, but surely the return to trading on AIM should come AFTER the market has had a chance to digest it, not before. Black marks all round then.

Telit: Stormy times ahead

Published 685 days ago

One of ex-fraudster Sam Antar’s golden rules for companies committing fraud is never to respond to criticism. Telit Communications (TCM), the Israel-based Internet of Things fraud, broke this rule yesterday by rushing out a badly worded rebuttal to a Sky News story which stated that the FCA had begun making enquiries into events at the company.

Notes from Underground: the problem with programs

Published 685 days ago

I stiill read the occassional comment and email that wonders why the economics of advertising on a website doesn't work - advertising pays for ITV and the Evening Standard, both of which are paying real salaries to real staff.

UPDATED: FCA launches probe into Telit - Sky! Telit says FCA has raised issues

Published 688 days ago

Maybe the regulators are not utterly useless after all. Sky is this morning reporting that the FCA has launched a formal probe into Telit (TCM). It is ouzo O'Clock round at the Sheriff of AIM Towers!

Andalas - what it did not flag up in yesterday's results: its 3 months from tits up time!

Published 689 days ago

Yesterday I pointed out that Andalas Energy (ADL) was almost insolvent and that house broker Beaufort was in denial. But now let us turn to something which Nomad Cantor Fitzgerald somehow thought it apppropriate to omit. Sarah Wharry at Caantor you should be ashamed and if/when Andalas goes tits up you may well get sued just as your firm is over its negligence at the African Potash (AFPO) fraud.

BREAKING: Watchstone fails in High Court Claim against Rob Terry & other Quindell fraudsters but...

Published 690 days ago

This is a small side issue in terms of the greater Quindell (QPP) fraud which will, in due course , see Rob Terry and others go to jail but this week Watchstone Group (WTG) as Quenron is now known suffered a minor setback against Terry and others. We publish the ruling in full below...

Here's the easy way to pay sub 2p per article for ShareProphets & catch a hot share tip and 3 bearcasts from Tom tonight

Published 692 days ago

Tonight Tom Winnifrith serves up a special share tip and a bearcast special (one of three bearcasts today) only on ShareProphets. To access that tip ands the bearcasts you have to be a paid subscriber to ShareProphets. It only costs you £5.99 a month to get access which works out at sub 2p per article. Think how much our big red flag calls on the AIM frauds have saved you and hot tips like IQE have made you. Its a nil brainer....it's madness not to sign up especially with those THREE bearcasts and a hot share tip from Tom coming up today.

Click here and you'll be taken to a clear, easy subscription page.

Lucy Wray: To celebrate our first 100 PLCs booked in 100 complimentary tickets to UK Investor (20 left)

Published 692 days ago

What makes the UK Investor Show easily the top one day conference for those who want to make money from shares? Two things.

Notes from Underground: Here's the pitch: Windpower, Bandwidth, Chinese Market

Published 692 days ago

Clem Chambers was no idiot when he renamed ADVFN's holding company from On-Line Plc to On-line Blockchain Plc. The only way better drive it home would be to have renamed it On-line Tulip Plc.

The Underground World of AIM - Why a top broker has it a bit wrong

Published 695 days ago

A top broker, who shall remain nameless, has this morning had a go at AIM regulators. His ire is prompted by a meeting in a pub where Berkeley Energia (BKY) presented to retail investors. It was by all accounts packed which, since I am a loyal shareholder, pleases me. But I just do not understand what is wrong here.

IQE - The next ARM?... Or just a manufacturer of a commodity product with a lengthy track record of burning through equity?

Published 696 days ago

IQE (IQE) is being hailed as “the next ARM Holdings” - you can see the bull case from my pal Paul Scott HERE. But if this is correct it would mark a major turnaround for a company that has been around for nearly two decades without generating any shareholder equity.

Tom Winnifrith Bearcast: When will fraudster Erik Schaer and his fraud MySquar threaten to sue me

Published 697 days ago

Erik, your company MySquar (MYSQ) has committed securities fraud so I guess that makes you a fraudster. Do you think that is libellous or will you accept that I have a solid defence, viz I write what I have already proved to be 100% true: Go on you criminal low life scum please threaten to sue me? In this podcast I ask more questions about MySquar and suggest that Beaufort Securities might just put Erik out of his misery. The shares are now 1.8p to sell and 0p is inevitable.I also look at another zero in waiting BNN (BNN) where today's whitewash stinks., Finally we have a profits warning at Carpetright (CPR) which tells you all you need to know about the British consumer and his nightmare on debt street. I once again discuss BCA Marketplace (BCA) in this context. The big short. 

Telit - press rumours provide selling opportunity

Published 697 days ago

The timing of last week’s short call on Telit (TCM) was somewhat spoiled by rumours, fuelled by a story in the FT, of a bid for part or all of the company. Rothschild was said to be gauging interest in the automotive division with a price tag of £100-150 million, “according to two people briefed on the situation”. It was hinted that the obscure Chinese fund, Run Liang Tai Management, which has recently acquired 14% of Telit might bid for the whole company.

BREAKING: Whinny-Froth Holdings Ltd set up by a proven liar and fraudster

Published 698 days ago

When those who attack you whether it be with lies or just pointless digs are obvious wrong un's you know that you are on the side of the angels. Being accused of market abuse and oterr fictional criimes by a convicted bank robber and market abuser is a good thing. Being lambasted as a rubbish journalist by bulletin board morons up to their necks in AIM listed frauds is a good sign. And that brings me to Whinny-Froth Holdings Ltd.

Tom Winnfrith Bearcast - The Living Dead Special - FRAUD African Potash is back

Published 699 days ago

At no-one is watching O'Clock on Friday the insolvent fraud African Potash (AFPO) issued three announcements one of which is that its shares will re-start trading on the NEX lobster pot. This is the return of the living dead. I examine those releases which show that Potash is insolvent as well as a company that lies routinely and commits fraud. It is worthless but what does this say about NEX Markets too?

Letter to AIM Regulation - Time to end the MySquar fraud Farce and to Strip SP Angel of its Nomad license

Published 700 days ago

The past week has shown clearly why MySquar (MYSQ) shares should not be traded on any market, even the AIM Casino. I demonstrated HERE that it had lied to investors in an RNS this month. That lie stands uncorrected. I demonstrated HERE that without any doubt it had committed wholesale securities fraud on July 31. This was chapter and verse stuff and MySquar is now exposed. Yet nothing has happened. As such I have written to my pal the bogus Sheriff of AIM, Mr Marcus Stuttard the head of AIM Regulation

Tom Winnifrith Bearcast - if Jersey Oil & Gas needs a 15-20% discount, what price the UKOG placing?

Published 701 days ago

I cannot blame Jersey Oil & Gas (JOG) for raising £20 million today. It's the smart move. But if it has to offer shares at a 15-20% discount when it's on a roll what sort of discount will UK Oil & Gas (UKOG) have to offer as it seeks to raise £5-10 million with things going badly wrong? I also look at MySquar (MYSQ) after today's article that proves FRAUD. What is not allowed on AIM these days? Would complicity in mass murder be a problem? I give up.

Good News on Telit - the borrow is back. Sell with vigour

Published 701 days ago

I wrote that I would not comment again on the Internet of Things company Telit Communications (TCM) until borrow became available again. The recall of borrow, it will be remembered, along with buying by various parties such as Davide Serra (the self-regarding nincompoop who complained to both the SEC and the FCA about the truth being told about the Quindell fraud in which he was foolish enough to have a sizeable holding), caused the share price to almost double recently. The good news is that borrow is now possible and the shares are unsurprisingly on the slide. They should be sold with vigour.

Chapter & Verse: How MySquar committed securities fraud on July 31 using related party companies

Published 701 days ago

It is clear that Nomad SP Angel does not care if its client MySquar (MYSQ) issues lies via RNS and it has not bothered to ask the one question that would show very clearly the Securities fraud committed by its client on July 31. It is a sorry state of affairs and I shall be writing to AIM Regulation and to the chairman of the LSE later to ask that SP Angel's license be revoked as it is clearly not fit and proper to run a public lavatory let alone be a Nomad. But now for John Meyer and his fellow dullards at SP Angel here is how your client defrauded investors.

MySquar - video of CEO Erik Schaer lying

Published 702 days ago

The LSE Asylum recent hosted an evening for its moronic readers at which MySquar (MYSQ) presented. Afterwards its CEO was interviewed. Natch PROVEN RNS LIAR Erik Schaer told at least one whopping lie ( sales in the Quarter ending September 30th were NOT 400% up on the prior year). Natch the interviewer did not ask Erik about the securities fraud or the fact that MySquar was running out of money. Instead he was allowed to LIE that the last funding was to be used "for acquisitions and investments". Nothing to do with keeping the lights on as it burns cash then. Puke. Keep selling - target price 0p. How on earth can Nomad SP Angel stand for this nonsense and ask us to take it remotely seriously?

Tom Winnifrith buying MySquar shares -"news" from the LSE Asylum

Published 702 days ago

It is on the LSE Asylum so it must be true. This moderated forum censors readers who say express bearish stances on frauds like Cloudtag (CTAG) and MySquar (MYSQ) but gives its readers free rein to discuss my mother's suicide or to, oh the irony, commit market abuse by knowingly spreading an untruth that I have committed market abuse by telling you to sell as I buy. And like moths to a flame they all leap to discuss this obvious lie in great detail.

Tom Winnifrith Bearcast: The Horse Hill Maths that just don't stack up for UKOG and that $15 million placing by Cornhill "outed"

Published 702 days ago

On the agenda today as I prepare for my weekly coffee morning with my baby son Joshua and the fit young mums is: Andalas (ADL) a joke broker note, MySquar (MYSQ) another RNS which is all smoke and mirrors and a desperate attempt to prop up the shares but SP Angel refuses to force the company to come clean on the lies in the last RNS and the fraud. Pathetic. I look at Interserve (IRV) and its latest dire news. We did warn you. I "out" the company that was truing to raise $15 million via Cornhill yesterday. I look at former ZAI clients whose days on AIM are numbered and finally I read across from yesterday's Horse Hill trade involving Regency (RGM) and Alba (ALBA) to show just how monstrously overvalued is, out of cash and desperate to place,  UK Oil & Gas (UKOG) 

MySquar: twitter "news": Tom Winnifrith under Police Investigation & to be sued for defamation

Published 703 days ago

Heck it is on twitter so it must be true as you can see below

Tom Winnifrith Bearcast: Another slam dunk lie in the MySquar trading statement - time for correction number 2

Published 703 days ago

Oh dear, oh dear. This is pretty simple maths although clearly beyond the wit of clueless Nomad SP Angel but in this podcast I demonstrate clearly another slam dunk lie in the MySquar (MYSQ) trading statement of last week and corrected version of this week. Time for another correction? But it gets worse. I remind you of what SP Angel needs to establish to show that MySquar only breached AIM Rules rather than committing wholesale fraud (ref July sales) but now suggest that its claims re September comparatives might bear scrutiny as well. And there are some very fishy rumours coming out of Singapore that SP Angel might consider as it decides whether to quit or not.  I move on to cover Paternoster Resources (PRS) after its latest bad news and explain why its NAV is illusory and then ask readers for help in outing which oil & gas stock Cornhill is raising $15 million for today at a discount of 12% to some share price or another.

FRAUD: MySQUAR fesses up to error in profits warning but still will not answer the big question re FRAUD

Published 704 days ago

What on earth is clueless Nomad SP Angel thinking? Its client MySquar (MYSQ) last week issued a (lack of) profits warning which means that it has either committed securities fraud or merely a massive breach of AIM Rule 11. Investors need to know what its sales were in July (as opposed to the July-September average given) in order to know how bad this will be. I have pressed SP Angel to force a statement and indeed the retained broker Beaufort has - to its enormous credit - also pressed but instead...

African Potash litigation update - now almost 100 claimants

Published 705 days ago

There is another update on the potential claim against Nomad Cantor Fitzgerald for its negligence in allowing the fraud African Potash (AFPO) to post utterly untrue statements to ramp its shares ahead of a rescue placing. Peter Petyt who is co-ordinating a claim for more than 100 aggrieved shareholders writes:

Telit: six reasons why the shares are still heading to 0p

Published 706 days ago

Having bottomed at 105p, shares in Internet of Things/blatant fraud Telit Communications (TCM) bounced to almost 200p but have now slid back to 157.5p. Here are six reasons why they are going to head sharply lower in the next three months and will in due course go to zero.

James Rickards: War With Korea Inevitable A Black Swan Looms, sell shares buy gold

Published 706 days ago

This is the second time this year Jim Rickards has predicted a major stockmarket crash. Maybe he will be right this time. In this podcast Jim discusses how most financial concepts are easy to understand. Dollar and gold are an inverse relationship, and gold has dropped due to recent dollar strength. Throughout 2016 and 2017 the dollar has been weakening. The Euro has risen against the dollar, and this weaker dollar has translated into higher prices for gold.

Notes from Underground: The Real Underground

Published 706 days ago

For those of you that lived through the 60s, I met a living embodiment of that era the other day: Barry Miles, co-founder of the International Times and friend to Paul, Yoko, and Floyd (Pink). He has fascinating stories.

Watchstone files High Court defence against £649 million Slater & Gordon claim on Quindell fraud - we publish docs in full

Published 707 days ago

Watchstone Group (WTG) has filed its High Court defence against Slater & Gordon's £649 million claim against it for having been sold the fraud that was Quindell Legal Services (QLS). I must admit it makes for impressive reading and is robust. The one person for whom it makes utterly grim reading is the King of the fraudsters Rob Terry.

When facts change what do you do? If you are a MySquar owning moron you ignore the facts

Published 708 days ago

I bring you below a twitter exchange with a moron who owns shares in MySquar (MYSQ). There is no hope for some folks, they deserve an inevitable fate of poverty.

MySquar (target price 0p) - let's work when the cash runs out

Published 709 days ago

The first pressing issue with MySquar (MYSQ) is whether it has committed securities fraud or merely driven a coach and horses through AIM Rules or both. I hope that either SP Angel or Beaufort will force it to reveal July sales numbers to give us an answer. The next question is when does it run out of cash? Here is my best estimate.

The £1.75 billion company that could go to zero - a major report from Tom Winnifrith

Published 709 days ago

The red flags are obvious. The business model is one that could blow up with the asset bubble that has created it. Even in a best case scenario the valuation is absurd. Oh and Neil Woodford is a major investor. Need I say more. After Purplebricks (PURP) which is a nailed down zero, this is my number 1 short for the Autumn.

Tom Winnifrith "well educated and well read" says MySquar boss Schaer as Pizza Hardman Atwater grills him

Published 709 days ago

The first question at the LSE Asylum moron-fest with MySquar (MYSQ) boss Erik Schaer was about me. Apparently the old rogue thinks that I am "well educated and well read." Well he ain't wrong. But flattery will get him nowhere. I sent Pizza Hardman Darren Atwater along to grill him and the questions only mount.

Beaufort on MySquar - is this the worst broker note of the year?

Published 710 days ago

Clearly no-one told Belfort Securities that its star client in the fraud sector, MySquar (MYSQ) was going to have a disastrous lack of profits warning today which exposed how it had massively misled investors for months. Because yesterday it urged its clients to fill their boots at 4.02p with a 21p target. At least this shows that at Belfort the Chinese walls between research and broking have no chinks in them. The shares are now 2.98p and are worth 0p. Over to Belfort.... 

ZAI scandal – the rush to sign up a new Nomad already under way….for some more than others?

Published 710 days ago

In the wake of AIM’s shocking execution of ZAI Corporate Finance last night – announced not once but three times at 6.15pm – the collection of AIM-listed to-be-former clients of that Nomad firm has been keen to get a message out to the market that the search for a replacement is already well underway.

An Open Letter to SP Angel, Beaufort Securities and AIM Regulation re shamed MySquar

Published 710 days ago

I have written a letter to Nomad SP Angel, broker Beaufort Securities and the oxymorons at AIM Regulation re shamed MySquar (MYSQ). Has it committed a massive breach of AIM Rules or Securities fraud or both and will anyone do anything about it. The letter follows:

MySquar - another marriage made in heaven: it's presenting to LSE Asylum members tonight. Or is it?

Published 710 days ago

After today's shocking revelations from MySquar (MYSQ) only a complete anhd utter moron would consider buying the shares. Luckily for CEO Erik Schaer he is set to meet a few dozen of the stupidest people on this planet this very evening.

Tom Winnifrith Bearcast: MySquar I accuse you of securities fraud & why UKOG is fecked

Published 710 days ago

I go through the timeline in detail. It is quite clear that the 31 July placing by MySquar (MYSQ) was securities fraud. Why the Nomad and broker have not quit in light of the trading statement today defies belief. But I guess this is the World's Most Successful Growth Market. I then look at Character Group (CCT) and why I think that the reaction to today's statement is overdone. Then it is onto UK Oil & Gas and I explain why its shareholder list and market cap pose a problem as it urgently tries to do a placing to keep the lights on after yesterday's dire news. Finally I urge you all to read today's statement from Countryside Properties (CSP) which tells you in black and white how much trouble the housing market is in.

Exclusive: AIM Kills ZAI as a Nomad - the full story the LSE is desperate you do not hear

Published 710 days ago

At 5.45 PM yesterday Denzil Jenkins of the AIM Regulation team called Nomad ZAI. No-one answered so he left a message on its answerphone informing the Nomad that it was to lose its Nomad status at 6 PM that day and that its clients would be contracted at that time with the news. Jenkins followed this up with an email saying that ZAI could appeal but when you are going to lose all your clients what is the point? In fact the events of yesterday are just part of a story which shows AIM in a terrible light as a secretive and oppressive body covering its own failings with scapegoating and showing no regard for natural justice or any sense of fairness.

Purplebricks - what is really going on? More from heroic Chris

Published 715 days ago

Yesterday we ran the gutsy response of Estate Agent Chris Wood to a fascist lawyers letter sent by Schillings on behalf of Purplebricks (PURP) in an attempt to gag him. We are not afraid of the wankers at Schillings having seen them off before when they tried to gag me on behalf of the fraudsters at Quindell (QPP). So let's hear more from heroic Chris. Below he explains why a LPE is certainly not always an E and the idea of portal juggling. Anyone owning these shares is bonkers or Neil Woodford or both. Over to Chris....

Class action lawyers now have more than 1000 claimants against Watchstone over Quindell fraud - confidential letter arrives

Published 715 days ago

In its most recent statement Watchstone (WTG) group suggested that the potential class action against it from folks who lost cash as a result of frauds orchestrated by Rob Terry in the Quindell (QPP) era was minimal. Au contraire. The potential liability was estimated at £9 million but the number of claimants has more than doubled to 1,100 according to a letter sent to claimants which they have been told they must not pass on under threat of legal action. Luckily we have the Winnileaks service.

Purplebricks bullies another critic with fascist lawyers letter from Schillings but Chris Wood bites & fights back

Published 716 days ago

Having received a fascist lawyers letter from heavyweight lawyers Schillings myself I know that it can be quite intimidating. Mine (HERE) was on behalf of the fraudsters Quindell (QPP) and I told Schillings that I would "see you in Court bitchez." I knew Quenron would not dare go through a disclosure process. Estate Agent Chris Wood is armed with the same knowledge and has thus responded robustly to a missive on behalf of Purplebricks. I have chatted to Chris at length today and, as someone convinced, that Purplebricks is a zero I am happy to republish the missive from Schillings  and the response of Chris which adds mountains of evidence to the fact that Purplebricks is a can of worms which is spending ever greater sums trying to gag critics with fascist missives from expensive lawyers. Over to Chris:

Tom Winnifrith Bearcast: Has Uzi Katz dumped his Telit shares & the next Neil Woodford car crash awaits

Published 718 days ago

I start with a discussion prompted by a reader request on whether a brand has a hidden added value which you should account for when making an investment. Another reader asks if it is time to buy back into Eden Research (EDEN). I think he is being spoofed and explain why. Then I look at the latest (non) news from Telit (TCM) and ask if the mortgage fraudster and fugitive from US Justice, Uzi Katz, has dumped his shares. I look at what is happening at Conroy Gold & Natural Resources (CGNR) , at the latest Mosman (MSMN) spoof, comment again on Nighthawk (HAWK) and then at the next Neil Woodford car crash RM2 (RM2).

InternetQ - what are the dodgy bubbles hiding now - accounts overdue....

Published 720 days ago

In December 2015 from my winter base in Greece I ran a series of articles, starting from Athens with Love, which, I believed, quite clearly showed that the Greek, AIM listed company InternetQ (INTQ) was a fraud. Specifically I demonstrated that its music streaming business Akazoo was a sham. The company denied this and in the end its boss Panagiotis Dimitropoulos and fund manager Tosca paid c£20 million to buy out minority shareholders and take InternetQ private. It is now called Akazoo Ltd. The Sheriff is still on the case

Notes from Underground - Spare a thought for the poor global shorting conspiracy

Published 720 days ago

When we changed to reader-supported journalism three weeks ago, I stopped reporting the weekly page views because common sense says that page views would drop precipitously. Of course, since we no longer rely on advertising, the page views are no longer of importance. 

New Bulletin Board Moron of the Week contest - sponsored by Telit and Eros

Published 721 days ago

This week's Bulletin Board Moron contest is sponsored by Telit Communications and Eros International.

Brian McDonnell of US Oil & Gas you are a liar, a cowardly bully, and your company is a fraud - please sue me for libel

Published 722 days ago

I have on more than 40 occasions called out Brian McDonnell as a liar and a crook and his disgusting fraud of a company US Oil and Gas (USOP) as an outright fraud which lies to investors. I see that the morally bankrupt London form of Alexander David has today raised another £700,000 for Brian to squander but do his shareholders know just how he squanders it. I have a tale that will shock you before I invite the cowardly lying criminal leprechaun to sue me for libel.

Tom Winnifrith Bearcast from Big Sofa to Purplebricks and to an Irish crook I want to sue me for libel

Published 722 days ago

On today's bearcast I mention, en passant, an Irish crook I want to sue me as you can see HERE but then cover Big Sofa (BST), Conroy Gold & Natural Resources (CGNR), Mosman Oil & Gas (MSMN), ITM Power (ITM), Arian Silver (AGQ), Carillion (CLLN)  and Purplebricks (PURP)

Telit - predictably dire bullshit earnings warning amid vague statements

Published 722 days ago

Yosi Fait the proven insider dealer who runs AIM Casino posterboy Telit (TCM) because Sam Smith's morally bankrupt Nomad FinnCap does not care if its client firms are run by criminals, has served up a bullshit heavy (bogus) profits warning.

Former Afren bosses charged with $400 million fraud - good work SFO. Rob Terry next?

Published 725 days ago

It has taken two years but two former bosses of Afren (AFR) will tomorrow be charged with fraud. Watch out Rob Terry your time will come too. Well done the Serious Fraud Office. 

Telit and Eros: frauds and a lesson

Published 727 days ago

A useful lesson has been handed out recently to bears by the price action in two stocks: Telit Communications (TCM), an Israeli fraud quoted in London, and Eros International, an Indian fraud quoted in New York.

China fraud Aquatic Foods – what excuse will be offered this week re overdue FY16 accounts?

Published 727 days ago

It’s that time of the month again: ShareProphets AIM-China Filthy Forty play Aquatic Foods (AFG) seemed to promise its delayed FY16 accounts by the end of the month. In June the excuse was it couldn’t get its cash out of China, but the directors were going to pony up so as to pay certain advisers (ie the Auditor) and the results would be out in July. Oh, and the next day the CFO (who had been in post less than a year since the previous incumbent walked) resigned with immediate effect - having signed off the RNS.

Purplebricks...and another thing

Published 731 days ago

An eagle eyed reader flags up another matter relating to Neil "nomates" Woodford's next disaster, that is to say Purplebricks (PURP) which, in light of the latest shocking revelations today, is a zero in waiting as I explained HERE.

Tom Winnifrith BONUS Bearcast: Playing Sam Antar's fraudster game: a Purplebricks special

Published 731 days ago

Let us be clear: Purplebricks (PURP) is not a fraud but today's publication of customer reviews - that Purplebricks is desperate for you not to see - is damning and suggests a business model that is based on taking £1000 from large numbers of "customers" who get nothing in return. That is not sustainable and is why the shares are worth 0p. The Sam Antar reference is about how Purplebricks responds and that, in turn, will determine the speed of its collapse. That it will collapse is a given.

Assuming the Government survives, UK budget set for 22.11.17

Published 733 days ago

The main purposes of the incorrectly named “unconventional monetary policies” by Central bankers is to debase a currency, stoke inflation, and make exports more competitive. Therefore printing money aims to solve structural imbalances by making currencies weaker. In this race to zero in global currency wars, central banks today are “printing” more than $200 billion per month despite that the financial crisis passed a long time ago. Currency wars is the issue that no one admits to talk about, but everyone wants to fight in secret. The goal is to promote exports at the expense of your trading partners.

BREAKING: Afren Whistleblower promises to tell all in London Tribunal on Monday

Published 737 days ago

Remember the Afren (AFR) disaster 2015. Readers of this website were warned numerous times but still thousands of investors lost a packet. Afren was a story of over-gearing, falling oil prices, incompetence but also of fraud. Elekwachi Ukwu was the Afren plc Company Secretary and claims to have been fired for whistleblowing. Now Ukwu is preparing to spill the beans.

BREAKING African Potash Class action against Nomad Cantor - chocks away next month

Published 737 days ago

The whistelblower who assisted me in exposing the fraudulent statements made by lyin' Chris Cleverley and African Potash (AFPO) and signed off with no attempt to verify by Stewart Dickson at nomad Cantor Fitzgerald has now assisted those investors who want their money back. Praise be the Lord, Cantor is in the merde.

UPDATED: Don't be locked out from ShareProphets at Midnight TONIGHT! Sign up NOW!

Published 738 days ago

Evil Google and wicked Facebook have sucked all the advertising spend out of online media. We poor content providers do the creative work, the internet giants take the cash. And so we have no choice we must ask you to subscribe to ShareProphets or we must shut down. There are 297 reasons a month why you should pay as little as £5.99 a month for our content.

AIM-China Grand Group – a chance to bail

Published 738 days ago

AIM-China investment company Grand Group (GIPO) has divested itself of its investments and as such has until the end of this month to implement its investing policy or face a share suspension under AIM Rule 40. Another six months with no progress would result in a trip to the execution chamber.

PR firm Bell Pottinger goes bust - the curse of Quindell & "evil" Victoria Geoghegan

Published 740 days ago

It seems that PR firm Bell Pottinger will go into administration today and 270 folks will lose their jobs. Fear not most have already had other offers or decided to set up on their own. They saw the ship was sinking and there is no rat like a morally bankrupt PR rat in such a situation.

Lessons from BNN, MySQUAR and Other Matters

Published 741 days ago

The BNN Technology (BNN) fiasco is rather a depressing reminder that it takes an event such as the resignation of a CFO, accompanied by some serious whistleblowing for NOMADs and AIM regulation to act, by which time it is invariably too late for the retail investor. This is largely because the system is inherently flawed in that NOMADs are paid by the very people that they are supposed to be vetting. This is why AIM is stuffed with BNNs ticking away like time bombs.

Fake News on arrogant bastard fund manager Neil Woodford from the Mail on Sunday

Published 741 days ago

Neil Woodford's fund management group has spent vast sums advertising its products in the financial press and has received vast amounts of slavishly positive comment in the same publications. These two facts are, of course, in no way related. And so after Woodford said sorry, in a terribly unconvincing manner, for having done so badly over the past year how does the Mail on Sunday's Alex Sebastian, himself a unit holder, spin this? With fake news natch

Stuttard’s Septic Seven – September update: minus 75%, what about replacements?

Published 741 days ago

Well here we are a few weeks short of the anniversary of the creation of out Septic Seven stocks which we had Red Flagged but were at the time still trading on AIM. Marcus Stuttard, the sham sheriff and head of AIM, obviously had complete faith in the regulatory setup of the Casino which is why this portfolio was set up. After all, if he is completely happy with the regulation of AIM (for which he is responsible), he should be happy to pony up his cash in out basket of diversified stocks. We might consider all members of the portfolio as littered with Red Flags, but obviously he doesn’t and therefore some of the joke PEs are highly attractive.

Notes from Underground: We now return to your regularly scheduled programme, already in progress

Published 741 days ago

Tom has returned from his sabbactical and the stats speak for themselves: you people like Bearcasts. I can only imagine the plight of our readers for the past five months, fetal position on the floor, listerning to a skipping Victorola or the snow of an untuned wireless waiting for the return of Bearcast.

Are InterQuest’s Gary Ashworth & co now the most hated management on AIM? The Bulletin Boards react

Published 743 days ago

To the latest from the executive management team at InterQuest (ITQ), Tom responded in a Bearcast - the Utter Motherfuckers who run Interquest say a final "fuck you" to loyal shareholders and Steve Moore in an article – a further addition to the management buyout’s timeline of shame. How have other investors and the bulletin boards responded? Are Gary Ashworth & co now the most hated management on AIM? The following is a selection…

BREAKING: Top City PR Man Julian Bosdet, boss of Abchurch, accuses Police of failing in their job as he tries to beat drink driving rap

Published 744 days ago

Top City PR Man Julian Bosdet, a senior director of of slimey and evil spinners Abchurch - PR of choice to China frauds on AIM and employer of many a posh but dim upper class twit - is on unconditional bail as he attempts to wriggle off a charge of driving his Range Rover back to his Country pile while well over the limit. His defence is based on attacking the fine and honourable men and women of the Avon & Somerset Police.

TrakM8 talks shite - evil PR maestro Reg Hoare at it again

Published 745 days ago

I wonder if my pal Paul Scott, the UK's top share blogger, has headed up to the post industrial grim urban wastlelands of Coventry for the AGM and investor open day of TrakM8 (TRAK). As someone who grew up near there I would not wish such a fate on anyone let alone a sensitive soul like Paul. Anyhow if a day in the place that gave us "Living in a ghost town" is not bad enough he will also have to digest a trading statement crafted by evil PR genius and crony capitalist Reg Hoare which ...leave a lot to be desired in term transparency. I would expect nothing less.

BNN - now about that interest-free loan Mr Mercer and also about problems with Peover

Published 746 days ago

I think I have said all that needs to be said about China trainwreck BNN Technology (BNN) in yesterday's bearcast - the one the Mrs dubbed crude. What a compliment!. BNN is toast but just as an aside its now suspended CEO Darren Mercer seems to have some unusual financing arrangements with the company. And there is the matter of Peover.

Etaireia Investments: Bloom, Collier and Fattal – what on earth could go wrong?

Published 748 days ago

No great surprise that after hours on the last possible day, Etaireia Investments (NEX:ETIP) put out its year-end results. It’s also no great surprise that they were shockingly poor but it is worth highlighting one particularly disappointing aspect as it looks very similar to the 2014/2015 fraud and I wonder if history is repeating itself.

What scandals are the London Stock Exchange so desperate to hide - the disciplining of Nomad ZAI

Published 748 days ago

There was a High Court Ruling this week which concerns attempts by the London Stock Exchange (LSE) and AIM to discipline the firm of ZAI Corporate Finance, a Nomad, or retained adviser, to firms on the AIM casino. The big question here is what dirty linen the Stock Exchange is desperate to hide. I should declare at this juncture that I am an expert witness in this case.

Tom Winnifrith Bearcast - The Trade of the week was to buy Telit, this is insanity

Published 748 days ago

The trade of the week was to buy shares in AIM listed fraud du jour Telit Communications (TCM) at 105p. I discuss why this is not a sensible strategy although it paid off last week and when it will end in tears. The podcast also covers Rose Petroleum (ROSE) the sort of utter crap that is all too common on the AIM Casino. I look at where Rose is heading and it is more compost bin than walled garden. Warning this barcast contains some bad language.

Notes from Underground: The Summer Wind, came blowing in, from across the sea

Published 748 days ago

The summer silly season is now over, and over 77,000 individual readers read ShareProphets during the past week. That's 77k readers who came to read real analysis and honest opinion. ShareProphets doesn't aggragate stories, we don't do clickbait, and we don't coddle our readers. You should be proud that you're one of them. 

Breaching banking Covenants - Telit and R4E - which firm did not break AIM rules & commit financial crime

Published 750 days ago

Yesterday shares in R4E (R4E) fell sharply after a profits warning and a warning that it may breach its covenants in the third quarter. I am a shareholder in R4E and happen to think the fall is way overdone, but that is for another time. I want to look at how it handled the covenant issue and what that tells you about the financial crime at Telit (TCM) - which morally bankrupt Nomad FinnCap is okay with.

Telit shares soar on pure hype - it is as if this was not a cash guzzling fraud, founded by a fraudster and run by an insider dealer

Published 750 days ago

Telit (TCM) shares zoomed by 30% yesterday back to 160p, almost the level before it emerged here that its founder and CEO Oozi Cats was in fact Uzi Katz, the Boston real estate fraudster and fugitive from US justice. The latest ramp is news that it might generate some sales from AT&T. Whoopie do.

Slater & Gordon: Dire results, board sacked, UK exited, Debt for Equity near wipeout - the curse of Quindell

Published 750 days ago

Oh dear me, how long is the shadow caused by the king of the fraudsters Rob Terry and his Quenron (QPP) monster? Slater & Gordon (SGH) the Aussie law firm that bought 94% of Terry's assets in 2015 has now officially been brought to its knees with the board all fired, and shareholders almost wiped out, as part of the end game announced yesterday in Oz.

Filthy Forty Aquatic Foods – still delayed FY16 results Jackanory

Published 751 days ago

Yesterday at 4.14pm ShareProphets AIM-China Filthy Forty play Aquatic Foods (AFG) updated the market regarding its overdue FY16 accounts. Once again we are left waiting until next month – Godot is definitely coming tomorrow, honest guv, when the new FD is appointed. So nothing to do with the problems getting cash out of China to pay auditors, Nomad fees and director fees as we were previously told?

SHOCKING: Papillon Holdings - Tatnall and Longley are bare-faced liars. Lock ‘em up!

Published 751 days ago

Sub-Standard Shocker XI member, Papillon Holdings (PPHP) has been a horror show from the beginning, as I have highlighted a few times, most recently HERE, but the massively delayed announcement of the results on Tuesday this week shows Tatnall and Longley to be low-rent lying fraudsters and investors should be clamouring for their money back.

A man loses half a million quid on shares now wants to bet his last £280,000 on 1 stock to double or treble

Published 754 days ago

I got an email this morning from a man who I shall not name, for obvious reasons. It is heart breaking material. So here is his email and my reply.

My top four short-able shorts in London

Published 754 days ago

It is all very well saying that tiddly little companies like Advanced Oncotherapy (AVO) or Eden Research (EDEN) are worthless cash guzzling frauds heading for 0p but they are just very hard to short. That both stocks will hit zero is a given. In the end frauds always run out of other people's money. What you want are stocks you can short which look almost certain to collapse. And right now you need them badly as a hedge. A hedge against what?

Notes from Underground: We interrupt your regularly scheduled programme

Published 755 days ago

Usually I comment on the most popular stories of the week, and the ones that were not read as much as they should have. But today I was going to tell more lies about President Trump and then smear Robert Lee like every other brain dead liberal Metropolitan elitist and finally the patience of Tom Winnifrith has snapped. If Darren wants to write fake news he can fucking well quit and go work for the fucking Guardian.

Reader Comment of the day - Roger Lawson has new smelly "friends" but needs a lesson in stockmarket basics

Published 756 days ago

It seems that Roger Lawson of Globo and blinkx fame is not impressed by my suggestion that he is a bull of Purplebricks (PURP) and that it might therefore somehow be jinxed. But in a couple of after the pubs opened O'clock comments here last night he focusses the mind on what a select group he himself belongs to.

What exactly was the Telit Covenant Breach - this will determine how long CEO Yosi Fait should spend in jail

Published 757 days ago

Perhaps Sam Smith, CEO of Nomad FinnCap which appears happy for the CEO's of corporate clients to engage in industrial scale insider dealing, can help us with this problem? What exactly was the banking covenant Telit (TCM) breached on June 30th? The answer will help to determine how long the CEO Yosi Fait should spend in jail for his crimes. While Sam is about it...

A letter to Finncap CEO Sam Smith: are you a big supporter of insider dealing?

Published 758 days ago

Generally I would have thought that the CEO of one of London's biggest Nomads, Sam Smith of FinnCap, would have disapproved of insider dealing. It is, after all a criminal offence. But I am not so sure any more. After recent revelations at Telit (TCM) it seems Samantha does not think it is anything to worry about. I have dropped her a letter just to make sure and cc'd in the head of AIM Regulation, Mr Marcus Stuttard, as I am sure he and his colleagues the Oxymorons would like to know where Sam stands.

ShareProphets China AIM 'Filthy Forty' update – Pembridge Resources no deal complete, so move to standard listing edition

Published 760 days ago

Since our previous update, Pembridge Resources (PERE) has followed the likes of Geong International and co in 'Geong, Geong' and then Gone from the ShareProphets China AIM 'Filthy Forty'...

New Telit Boss macho Yosi Fait in Leather Man action - caption contest

Published 761 days ago

Do you think Yosi got the machine below from Telit's (TCM) Vietnamese distributor of Internet products? In light of today's article on the former FD of the AIM fraud du jour, now its CEO, perhaps you can supply a suitable caption in the comments section below - deadline midnight Monday 21st. If you want more photos of burly men in leather check out Yosi's facebook page.

Three critical days in June & 3 more in July - why acting CEO at Telit Yosi Fait must be fired NOW!

Published 761 days ago

Yesterday there were more revelations about Telit (TCM) which, as I noted, made the position of former FD now CEO Yosi Fait all the more tricky. Now I want to revisit three days in June and three in July - events then make Yosi's position utterly untenable and explain why he must be fired at once. He is guilty of either extreme and sackable levels of incompetence and of lying to shareholders and insider dealing or of just insider dealing. It is one or the other - there is no third way. So there is no way out for Telit, Yosi must be sacked at once.

New revelations: Yosi Fait, Telit's new CEO & friend of the "IDF warrior" must go too

Published 762 days ago

Today's Sunday Times carries new shocking revelations about the shocking lack of corporate governance at AIM fraud du jour Telit (TCM) - surely now the former FD, now CEO Yosi Fait must follow his predecessor the Boston fraudster Oozi Cats/Uzi Katz and be resigned at once

China fraud news: American PCAOB revokes auditor Crowe Horwath HK registration

Published 762 days ago

It seems that some regulators have more teeth than others. The PCAOB – a US regulator – has revoked the registration of Hong Kong audit firm Crowe Horwath HK and censured it for refusing to cooperate with an investigation of the firm’s audits of a China-based issuer. Crowe Horwath is part of the same network of audit firms that contains our very own Crowe Clark Whitehill, which audited a large number of AIM-China Filthy Forty companies before they disappeared into the ether (see HERE).

Notes from Underground: Telit to the hand

Published 762 days ago

I had an oniine conversation with an FT reporter about the Telit affair over how the FT would rather credit some Italian newspaper than your obd't one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares. They had to credit somebody given that the FT did not break the story themselves. How convenient for them. CityAM and other publications went with credititing nobody at all. The story broke itself!

Tom Winnifrith Bearcast: Oozi Cats and the FBI & why Telit could well be tits up within weeks

Published 764 days ago

The failure of the LSE to insist that hapless Nomad FinnCap forces Telit (TCM) to bring in a firm like KPMG to conduct a full forensic review will hurt it even more when this company goes tits up as I noted in a letter to Stock Exchange boss Donald Brydon earlier today HERE.  Two sources tell me that the FBI may have bad news for the Boston fraudster Oozi Cats and his Mrs as I explain in this podcast. But the meat of the podcast is explaining why Telit will go tits up and why that could be within six weeks. Enjoy.

Does Neil Woodford really deserve a halo - is Circassia the biggest dog in his funds?

Published 764 days ago

If you read the bent, freebie is our middle name, personal financie columnists in the deadwood press, fund manager Neil Woodford walks on water. I disagree and have noted before, that, maybe, after three dismal years, others are starting to see the light.  But, with assistance from a leading broker, how about we have a real look at the Woodford Patient Capital Trust (WPCT) but also at the sort of dogs Neil ifalls in love with.

A letter to the chairman of the London Stock Exchange - why no independent review of the Telit fraud?

Published 764 days ago

You may remember that at the last AGM of the London Stock Exchange (LSE) its chairman,, Donald Brydon CBE, 'fessed up to being a ShareProphets reader and as we chatted afterwards he came over as a thoroughly decent man. But he has, yet again, been failed by his minions in their handling of the biggest AIM fraud of the year, so far, Telit (TCM). Lowly gofers such as the head of AIM Regulation, the fake Sheriff Mr Marcus Stuttad,  have allowed Telit to avoid any independent scrutiny of its accounts & business practices despite clear evidence of fraud. That has to change and maybe Brydon will push for that. I have sent him a letter.

Telit - now here is another fine upstanding chap with a senior post: Eran Edri

Published 766 days ago

The board of Telit (TCM) the fraud whose CEO until last week was an undeclared fugitive from justice sure has some colourful chappies in senior posts. There was Uzi Katz, the Boston fraudster himself. Then we had former chairman Avigdor Kelner who has only recently emerged from a stretch in the slammer in Israel. Yesterday we met "colourful" NED Ram Zeevi as I published some US Court papers concerning him. Now meet Eran Edri.

The Love that Dare not Speak its name...an email from FinnCap CEO Sam Smith

Published 766 days ago

On the morning of 15 August 2017 Sam Smith the curvaceous founder and CEO of Nomad FinnCap sent an email to all her crony capitalist pals across the City boasting about her new bestest friends. That was a mistake methinks. This is all a tad embarrassing as you can see below.

Telit: US Court Papers published on NED Ram Zeevi - a man who reckons Telit is clean.

Published 767 days ago

We have already seen that a former Telit (TCM) chairman got sent to the slammer in Israel for fraud. Yesterday it was admitted that - as we revealed a week earlier - the founder, CEO and largest shareholder Oozi cats was also a fraudster and when IPO'ing Telit a fugutive from US justice. But despite compelling evidence from us HERE the rest of the board say Telit is not a fraud. And the folks at the bicycle repair store HERE which it claims to be its Vietnamese distributor agree. So the rest of the board, all appointed by Oozi are squeaky clean right? Er...

Meet the Fund Manager buying into Telit - also Rob Terry's biggest fan at Quindell

Published 767 days ago

Relief for Telit (TCM) bulls came at 4.05 PM Monday with news that Davide Serra had bought 1.6 million shares in Telit last week taking his holding from sub 3 to 4%. He only submitted his TR1 after the weekend but paying 160p-180p AFTER we exposed the, then, CEO Oozi cats as the Boston fraudster he clearly knew better than we did. But where did that name Davide Serra ring a bell?

Telit - Oozi "resigned" the board the Boston fraudster appointed says no PLC fraud but FinnCap declines to agree

Published 768 days ago

Telit Communications (TCM) is spinning hard to suggest that all is well despite its founder, CEO and largest shareholder Oozi Cats being"resigned" today. It started by planting today's RNS in the ever pliant FT yesterday afternoon - the paper of record is now the mouthpiece for fraudsters wanting to spin a line. The timing of that FT plant now exposes the lies of today.  Now comes the formal statement and it does not wash at all and begs massive questions which are just not answered.

FT Reports that Telit "parts company" with Oozi Cats - that's spin from the PR & no longer the issue

Published 769 days ago

The Financial Times, always happy to help a company in trouble try to polish a turd with some PR spinning, is reporting that Telit Communications (TCM) is to part company with its founder, 12% shareholder and CEO Oozi Cats on a permanent basis. After our Boston fraudster revelations of last week Oozi had already stepped down pending an investigation by a law firm Cameron McKenna. After our revelations he was toast. But sacking Oozi is not enough after today's bombshells on this website - this is PR spinning and does not address the issue of wholesale fraud at Telit.

Telit bombshell Part 2 - its Distributors are oft on a par with those of Globo

Published 769 days ago

Earlier today I published a bombshell that demonstrated that Telit (TCM) was Globo v2 - that is to say a FRAUD heading for zero in short order.. One of the points that caused Globo to unravel within days were its bogus distributors. I covered that in some detail in Part 1 of this series but here in  part 2 I offer up some graphics to make my point. Distributors account for only 30% of claimed sales but if they are bogus then is anything genuine? It is game over for Telit, the Fat Lady is getting ready... Enjoy what follows...

Obtala: When is an equity Issue not an equity issue?

Published 769 days ago

When the cash still hasn’t arrived! Tom Winnifrith gets upset (see) when I write negative comments about Obtala (OBT) and so I’ve kept quiet for a while, but there comes a point when you just have to ask the question: WTF is going on? Since Tom believes in free speech (as well as Obtala) he - as ever - allows me to write here.

Tom Winnifrith Bearcast Special - the culture of corporate lying as I say GOTCHA to Telit

Published 769 days ago

Following today's bombshell there can be no doubt that Telit Communications (TCM) is toast. Companies that lie and deceive so industrially in the way I demonstrated earlier HERE will always end in tears.  In this podcast I look at the culture of corporate lying and wrongdoing and what it means for you as an investor. I look at rent boys at BP then at Quindell (QPP), Globo (GBO) and of course, in the main, at Telit

Telit Communications – Mr Fat Katz unusual remuneration arrangements

Published 769 days ago

After today's complete bombshell which shows that Telit (TCM) is a Globo style fraud and thus utterly worthless what follows may be a tad academic. But, none the less, it is yet another Red Flag which we all should have noticed earlier. Reading through the 2016 annual report of Telit it is apparent that Mr Fat Katz, sorry Mr Oozi Cats, had two unusual remuneration arrangements. 

Want to Get your cash back on the Paragon Diamonds AIM Casino fraud & bust - legal case now imminent

Published 769 days ago

Investors who have lost £900,000 on the Paragon Diamonds (PRG) fraud and bust are now lined up to sue the hapless Nomad ( Northland with QEs Gerry Beaney and David Hignell overseeing the shambles) as an update from class action litigation arranger Peter Petyt sent this morning, makes clear. However we need more folks who were conned to join the party URGENTLY and for two reasons:

Emails sent to AIM Regulation & Nomad Finncap after today's Telit bombshell - this must be suspended 7 AM Monday

Published 769 days ago

This is becoming Globo v2 at a an alarming rate. Today's bombshell dossier on Telit Communications (TCM) nails it as a slam dunk ZERO beyond all doubt. The only way that the shares do not completely crater in the morning is if they are suspended first. And that is exactly what should happen. As such I sent a couple of emails last night. One to tthe head of the Oxymorons Marcus Stuttard and his clueless colleagues, the Keystone Cops at AIM Regulation and the other to the folks at Nomad FinnCap from CEO Sam Smith via head of Corporate Finance Stuart Andrews down to analyst Lorne Daniel with a minor jackal in Corporate Finaance also included in case Andrews is too busy with his polo ponies to read emails on a Sunday. Enjoy!

KERBOOM - THE FULL SHOCKING DOSSIER, New fraud revealed - This is why Telit is Globo Mk2 and why it is going to 0p

Published 769 days ago

Over the past week I have shown that Telit Communications (TCM) is run by a man who fled fraud charges in the US but changed his name to avoid investors knowing, I have flagged up banking covenant breaches, red flag strewn interims and an Italian criminal investigation. But that was just an appetizer. Today I give you a full dossier with shocking NEW material, which shows this is Globo Mark 2. it is a fraud and its shares are going to zero.

Notes from Underground: Here's a buy recommendation: invest in moped shares

Published 769 days ago

London has a real table problem. At least the outdoor ones, and I don't see Mayor Sadiq Khan putting any effort into it.

Telit Communications A Compelling Sell. Looks like Going Globo. Some Free Advice to the NOMAD.

Published 770 days ago

I promised last week to go in to the numerous inconsistencies in the numbers presented by Purplebricks (PURP) but that is going to have to wait as this week’s story has got to be Telit (TCM).

Note 5.2 in the Telit statement? Is this the smoking gun? When did it know it would breach covenants

Published 770 days ago

There comes a moment in every Agatha Christie novel when Poirot scolds himself for being so blind to the obvious. I just wonder if for myself and Telit (TCM) that moment was late last night. That the CEO was a fraudster fugitive from justice when he floated Telit is one matter, the crminal investigations in Italy are another but the heart of the issue is the dire financials & possible behaviour of the Norfolk variety. In case you missed it, I refer you to note 5.2 of the most recent interims published August 7.

Telit - no news = bad news?

Published 771 days ago

The poodles of the PR community, that is to say the deadwood press, were briefed that Telit Communications (TCM) would by Friday have completed the review of whether is CEO was charged with fraud in 1991 but did a runner pre trial. Telit did not deny the allegations we broke as companies invariably do, at first, when exposed. Anyhow it is now Friday.

Tom Winnifrith Bearcast: 3 resignations: Telit (Nomad) & Avanti Coms & Redcentric CEOs - can I claim scalps?

Published 772 days ago

That Telit (TCM) is going to zero is a given as I explained yesterday HERE. But now we need to know why Canaccord quit on May 26 as Nomad. I suggest the reason in this podcast and call for a wider AIM Casino rule change on Nomad resignations. Then it is on to 2 CEO resignations. The bombastic prick David Williams has gone from drowning in debt Avanti Communications (AVN). Avanti is toast but I run through the red flags pertaining to Williams himself and ask a question about his payoff for failure. As for Redcentric (RCN) can I claim this as a scalp? Frazer  Fisher must have known about the mega payroll fraud of March 31 2016 as I revealed HERE. Yet he trousered a big 2016 bonus and sold stacks of shares just after publishing the 2016 number which he KNEW WERE CROOK. This departure is to avoid him being in situe when the FCA, FRC and SFO announce their findings. Actually can the Sheriff claim a scalp on the bombastic prick Williams too? I got the FRC to pan his company and exposed all sorts of Avanti red flags and naughtiness. Two scalps in a day - ouzo time?

RedX – Administration proposals raise awkward going concern questions

Published 772 days ago

The administrators to (suspended) AIM-listed RedX Pharma (RED) have published their proposals for the rescue of the group. The good news is that something will indeed be salvaged, but details of what went wrong look to raise serious questions of the company and its Nomad – none other than Cantor Fitzgerald. You might remember that name with reference to the African Potash (AFPO) fraud where it is to be sued for its negligence.

Telit - any chance of an update on the BAMES 16m Euro criminal investigation in Italy?

Published 772 days ago

You might have thought that the 1991 Boston Real Estate fraud was the only brush Telit Communications (TCM) boos Oozi Cats/ Uzi Katz had enjoyed with the law. Think again. Though there has been no RNS from Telit on the matter of the BAMES bankruptcy which saw 1400 Italians lose their jobs and a massive criminal investigation, perhaps it might give us an update now.

Telit Communications Odd cat Out Contest

Published 772 days ago

This is a very simple contest. Heck Oozi Cats, formerly of Telit Communications (RCM), you have time on your hands right now so why not enter! "don't talk about time" Mr Sheriff please!" said Uzi, Sorry Oozi. I digress. Please look at the four images below and tell us which is the odd one out and why. I have added a musical hint on the fourth one. Post your entries in the comments section below with a deadline of midnight Thursday

Tom Winnifrith Bonus Bearcast on Telit - calling Uzi's next move: this feels like Globo Mk2, here's why

Published 773 days ago

Okay so the Sheriff of AIM has got his man. Uzi/Oozi Katz/Cats has gone "temporarily" (my arse, again) from Telit Communications (TCM). So what happens next? I comment about what was NOT said in today's release, try to second guess Uzi (that is the real one not a bogus ballet dancer/statistician/award winning chef) as to his next move. Then I discuss the underlying business and explain why, to me, it has all the makings of a Globo, not a Quindell,. and why that means that its share price collapsersoonie could be sooner than you think, if banksters HSBC are anywhere close to being on the ball. Enjoy.

Telit: Look at all these hilarious Internet Uzi Katz's in Boston - now why don't any of them exist?

Published 773 days ago

Now this really is bizarre. We have taken screen shots of internet sites set up in 2015 by a vast number of fellows called Uzi Katz who claimed to live in Boston. The Jewish population of Massachusetts is 274,000 and I will charitably assume that all live in Boston. So lets crunch the math before we look at the (hilarious) websites and draw an inevitable conclusion..

Telit Communications: to have had one crook on the board is understandable but two looks like carelessness

Published 773 days ago

I so enjoy misquoting my fellow Anglo Irishman Mr Wilde. He knew a bit about the inside of a jail cell and that brings me to Telit Communications (TCM). Oozi cats, aka Uzi Katz, has "temporarily" (my arse) left Telit Communications (TCM) following the Boston fraud revelations but this is not the first time that the company's officers have had a spot of bother with the law. Meet Avigdor Kelner.

Lucian Miers chats to US Marshalls Office Massachusetts - Katz case not closed - a most generous offer to Telit boss

Published 773 days ago

As followers of Naibu (NBU) know there is nothing stopping the CEO of an AIM listed company being in prison while remaining in office. After all this is the world's most successful growth market and the head of the Oxymorons at AIM Regulation, Mr Marcus Stuttard, really is a top banana. As such fans of Telit Communications (TCM) will not worry a jot about this bombshell from infamous bear raider Lucian Miers, the Bard of the Boleyn.

What sort of Internet of Things PLC has an "art curator on the payroll" - Telit Communications natch. Guess who!

Published 773 days ago

The talents of Ruth Veronique Katz/Cats the wife of Telit Communications (TCM) boss Oozi/Uzi know no bounds. She is the owner of showjumping ponies which allow her daughter to compete for Israel. She owns a company producing arthouse films. Back in the early nineties it seems as if she, or someone born on the same day with the same name married to a man of the same name, had expertise in real estate fraud, as I revealed earlier today HERE. But still Ruth marches on, slaving away as a, no doubt well paid, employee of Telit. What does she do? Over to LinkedIn....

Telit IPO Document 2005 - Note 6.7 care to comment Uzi, I mean, Oozi?

Published 773 days ago

The 2005 flotation of Telit Communications (TCM) will - with hindsight - be seen as yet another badge of shame for AIM, the casino which laughably brands itself as the world's most successful growth market. Until 2004 the CEO of Telit & the companies it bought was, in official documents such as THIS, calling himself Uzi Katz. By the time of the IPO that was Oozi Cats. Let us now turn to section 6.7 of that document.

GOTCHA! Says the Sheriff - The Boston fraudster Oozi Cats leaves Telit temporarily - he ain't coming back

Published 773 days ago

Following our barrage of revelations yesterday about the Boston fraudsters - Uzi and Ruth Katz (aka Oozi & Ruth Cats), Telit Communications (TCM) has announced that its CEO Uzi/Oozi is to go on a "leave of absence." Uzi ain't coming back.

Memo to Telit's Nomad FinnCap - have you been following the African Potash tale? How big is your PI cover?

Published 774 days ago

By now the newly appointed Nomad to Telit Communications (TCM) that is to say FinnCap will be very much aware of the confusion about its CEO Oozi Cats whose real name is Uzi Katz and his Mrs, Ruth Veronique, and a couple of fellow Israelis with the same names and birthdays who took flight/skipped bail to avoid facing trial for real estate fraud in Boston in 1991. Natch this is all a big coincidence.

Breaking: Oozi Cats/Uzi Katz meeting with Nomad FinnCap within hours - if the Feds are looking for a fugitive

Published 774 days ago

Having been appointed as Nomad and broker to the highest profile AIM company of the week, Telit Communications (TCM) at 7.01 AM yesterday, Mr Stuart Andrews & Mr Richard Chambers of Finncap and their colleagues must be shitting briicks following today's quite stunning revelations earlier about Mr Oozi Cats/Uzi Katz, his Mrs Ruth and events in Boston 25 years ago. Or maybe it is just another couple holding Israeli passports with the same names and birthdays who were involved in multiple frauds?

BREAKING: Telit - what an embarrassing coincidence for boss Oozi Cats and his Mrs - meet the Boston fraudsters on the run

Published 774 days ago

Yesterday I discussed at length the woes of what was one of the largest companies on AIM, Telit Communications (TCM) where boss Oozi Cats sold £24 million of shares on May 25 - 24 hours ago the stock plunged for a range of reasons. Now here is the most amazing and embarrassing coincidence, meet an Israel couple who fled US justice in 1991. This must be so embarrassing for Oozi and his Mrs - Ruth Veronique Cats, it is just such an amazing coincidence.

AIM dog Eastbridge goes bust having given all its cash to a conman on the run - who will take the rap for this f**k up?

Published 776 days ago

Peterhouse Corporate Finance, Mr Greg Colliar, crap Nomad Northland, Mr William Vandyk are you sitting comfortably? You sure? Now read on for yet another horror story emerging from the AIM casino....

Notes from Underground: They're not saying Boo, they're saying Booo-urns

Published 776 days ago

The story of our week has been our turmoil with generic file hosting PLC, Audioboom. It's a sad fall for them. Created in 2013 as Audioboo, the service was intended as a resource for journalists (and musicians) to create audio clips as easiily as taking a picture. Founder Mark Rock talks about how instrumental Audioboo was during the Arab Spring uprisings here.

Conroy Gold - About that affidavit: GM looms a few points the rebels really need to clarify NOW

Published 782 days ago

This Friday shareholders in Conroy Gold & Natural Resources (CGNR) will meet in Dublin to decide whether to oust most of the board and replace them with Paul Johnson, Gervaise Heddle and 28% shareholder Patrick O'Sullivan. Court documents filed in Dublin last week beg serious questions but not for the board but for the rebels.

Nomad Cenkos put "on record" re the Mercantile Ports fraud - letter 7, about the land "purchases", SMTM!

Published 783 days ago

When disgraced AIM casino posterboy Mercantile Ports & Logistics (MPL) moves from being a member of the minus 98% club in which it currently sits to being a member of the minus 100% club, I want it known that Nomad Cenkos has been fully aware of massive issues all along and has done nothing other than bank obscene fees. As such we have run a series of letters from a big shareholder to Amber Wood, head of Corporate Governance at Lagos Securities, HERE and HERE and HERE and HERE and HERE and HERE Now for letter six which puts fragrant Amber and Lagos, Nomad to the Quindell (QPP) fraud as well, on notice for when the final wipeout occurs that they will be held accountable. This letter has also been cc'd to AIM Regulation - I know they are useless but surely even they must realise that Lagos Securities has "form."

Did you lose money on the Paragon Diamonds wipeout? Time to get it back from Nomad Northland

Published 783 days ago

Did you lose money on the wipeout at AIM Casino Paragon Diamonds (PRG) run by Philip Manduca? If so there is, perhaps, a chance to get it back from Nomad and broker Northland which made a killing on fees from Paragon and signed off on all of its statements, the veracity of which has been questioned.

Notes from Underground - NISA to see you, to see you NISA

Published 783 days ago

A business story that I have found facinating is the attempted takeover of NISA (the food shop people) by Sainsburys. We don't cover it because there is no investor angle. But the human angle is, always, unpredicable.

King of the fraudsters Rob Terry promises $1 billion Knob Park IPO - now about those dodgy accounts.

Published 784 days ago

In five year time, the king of the fraudsters, Rob Terry of The Innovation Group and Quindell (QPP) infamy says he will be floating his latest ponzi, Quob Park Estate for $1 billion. Bollocks. There is more chance of me getting lucky with the entire Dallas Cowboys cheerleaders squad within the next 48 hours.  As the SFO investigation into the £3 billion Quenron fraud ratchets up a gear, the only thing Rob Terry will be doing in five years time is praying that his next Roomie at Ford Open doesn't have a taste for ugly older men.

ASA Resources – oh dear: shares suspended pending financial clarification, more wholesale theft and fraud on AIM

Published 784 days ago

AIM-listed ASA Resources (ASA), formerly Mwana Africa, has been getting into a right mess of late, with significant funds having been remitted from operating subsidiaries in Zimbabwe and not properly accounted for. Funds remitted to group entities in Hong Kong have not been accounted for and it seems  that the bank accounts in Hong Kong appear to remain under the control of two recently sacked directors, Mr Yat Hoi Ning (CEO) and Mr Yim Kwan (FD). It is an all too familiar story for followers of the ShareProphets AIM-China Filthy Forty: directors walk off with the cash, get sacked but can’t be reached. Now ASA tells us that it’s shares are suspended pending financial clarification – and a third director, Mr “Brian” Ching Fung Hung having gone AWOL has now also been removed from the board.

China fraud Aquatic Foods Group – joke RNS delaying (again) FY16 accounts and more Red Flags

Published 785 days ago

ShareProphets AIM-China Filthy Forty play Aquatic Foods Group (AFG) has released news of its delayed FY16 numbers in an (almost) no-one is watching o’clock RNS yesterday, released at 4.26 pm – 12.26am local time in China. Goodness me, they must have been putting the wording together for hours! Needless to say, there are still no accounts. In my view the whole thing is a joke and Nomad SP Angel is being made to look foolish: take a look at the directors’ page of the company website!

Watchstone shares plunge to just 97p (bad news for Evil) - but should you bottom fish? No!

Published 787 days ago

Oh dear. Poor old Evil Knievil who has been a perma bull of Watchstone (WTG), the former Quenron (QPP), loftily dismissing claims by Slater & Gordon for £637 million and my analysis as not worth the paper they were writen on. Oh how bullish was the great man, at 141p, just a few weeks ago as he posted his bon mots on a Bulletin Board. The shares have duly plunged to just 97.5p so costing EK and his fellow BB Morons a good packet. Poor Evil. Poor BB Morons.

BREAKING: African Potash FRAUD - Nomad Cantors will be sued by 3 investors - case gets green light (Cloudtag next!)

Published 790 days ago

This has massive implications for the AIM Casino. We saw last week that the London Stock Exchange was washing its hands of tackling Nomads who sign off on frauds and so allow investors to lose all their cash to shysters. Now the private sector moves in. I can reveal today that Cantor Fitzgerald will be sued by investors who lost money on the African Potash (AFPO) fraud because it was negligent in signing off on fraudulent releases. If this case wins the floodgates are open...

China fraud Aquatic Foods: crunch time?

Published 790 days ago

ShareProphets AIM-China Filthy Forty play Aquatic Foods (AFG) shares were suspended last month because it couldn’t get its accounts out on time. We were told that this was because of difficulties getting its enormous cash-pile out of China to pay a number of parties whose assistance is required for the finalisation of the audited accounts. For that, we might presume that it includes the audit firm. We were told that the accounts were anticipated to be released in July – and here we are with 6 trading days left. Is it crunch time?

Notes from Underground: Walk like a man

Published 790 days ago

The top story this week (and several others in the top ten) is regarding former ShareSoc chairman Roger Lawson's threat to sue Tom Winnifrith over Tom's writings. 

I stay short of UK Oil & Gas - I'm a Russian and the BBMs are the Germans in the snow

Published 791 days ago

I see that UK Oil & Gas (UKOG) has cemented its position as the nation’s favourite oil tiddler with a stonking rally to 5.1p since my recent short call at 3p. I haven’t received such joyous vitriol on twitter since I called Cloudtag a sell at 7p and saw the shares rise to 20p. Tom Winnifrith gleefully points out that he is glad to see someone take over as the Bulletin Board Moron's No 1 hate figure, at least for now.

Nyota - I fear that its AIM days are very numbered

Published 791 days ago

Last week the Nomad and broker to Nyota Minerals (NYO) announced that they were quitting as of August 17. As I have exposed HERE and HERE the advisers have behaved disgracefully and if there was any justice they would be facing sanction. But I fear that it is Nyota that will suffer.

The Mercantile Ports & Logistics fraud - Arden partners now on the record

Published 792 days ago

Over the past few weeks we have published a string of letters sent by a significant shareholder in AIM listed Norfolk Mercantile Ports & Logistics (MPL) to its Nomad Cenkos so that when Mercantile runs out of other people's money as it surely will, the shamed former adviser on the Quindell (QPP) fraud cannot say that "it did not know." Its role is on the record as you can see in our full coverage HERE. Now that same shareholder has written to Daniel Slater, the analyst at co broker Arden Partners responsible for - arguably - the worst research note of 2017.

SHOCKING: Nyota - the killer emails: Peterhouse has defrauded investors and misled them

Published 792 days ago

Our exclusive Winnileaks service has obtained a series of emails from May 3rd 2017 which show that Peterhouse Corporate Finance has misled investors in Nyota Minerals (NYO) - these emails compound the damning evidence of the secret document I published on Wednesday. This is so damning that maybe even the useless clowns at AIM Regulation will take an interest.

See you in Court Bitchez Odd one out Contest - the result

Published 794 days ago

We asked you a simple question HERE. Look at the mugshots of the honourable chaps below and tell us the odd one out. For those who could not recognise the ugly sisters they were (top row first, left to right): Dodgy bubble Costis from Greek fraud Globo, Roger Lawson ( NOT a fraudster), the king of the fraudsters Rob Terry of Quindell, lyin' Chris Cleverley of African Potash, Peter Shea of Daniel Stewart and Jimmyliar Ellerton of Sefton infamy. So who is the odd one out? No-one got this one correct.

Sheer Comedy from the African Potash fraud and London's most morally bankrupt adviser Alexander David

Published 795 days ago

When African Potash (AFPO) goes bust and its boss lyin' Chris Cleverley has to look for another job he should have a crack at comedy. His release at no-one is watching O'Clock yesterday was pure genius.

AIM-China Grand Group – oh dear, now the Chairman walks. Get out!

Published 796 days ago

AIM-China investment company Grand Group (GIPO) has announced the departure of its Chairman. It may not formally be one of our Filthy Forty, but it sure is doing its best to make the grade.

New Bulletin Board Moron of the week PRIZE contest sponsored byRoger Lawson

Published 796 days ago

Today's the day that African Potash gets slung from the NEX markets or has the rules bent for them, so in normal circumstances it would sponsor this week's contest. But there is an even better sponsor, step forward  Roger Lawson of ShareSoc  who will donate some of the Globo shares he owns as a prize.  Natch, Lawson sold most of his Globo shares before telling readers to sell, but he still has some left and even offered to help the management take the company forward.

MySQUAR - the out of the money warrant exercise that tells you its placing ahoy and this is a slam dunk Norfolk

Published 796 days ago

For the second time in a week we have seen share options exercised at AIM listed Norfolk MySQUAR (MYSQ) - this time it is 1.875 million warrants exercised at 5.5p which will add £103,125 to the coffers. that is kind of handy for this cash guzzler which is close to running on fumes. But this is a spoof.

See you in Court Bitchez Odd one out Contest

Published 797 days ago

Okay this is easy as pie. I bring you a dodgy bubble, Roger Lawson (not for the avoidance of doubt a fraudster), the King of the fraudsters, lyin' Chris, the head of a formerly AIM listed POS where 1/6 of the staff were family members and Jimmyliar himself. Which is the odd one out  Post your answers in the comments section below with a deadline of 7 AM Monday Morning.

AIM-China Grand Group – anything to see?

Published 797 days ago

I’ve covered AIM-China Grand Group (GIPO) a couple of times already but there is something fishy about the share price movement over the last few days. Surely even Marcus Stuttard’s oxyorons at AIM Regulation will view what follows with some interest. Remember, the company claims to have about £25 million of cash as a cash shell and the market closed on Friday with the company worth just £2 million.

Who has been daft enough to send Tom Winnifrith a stern lawyer's letter? 92% of you guessed wrongly

Published 797 days ago

Five days ago someone who you would say had  a career death wish, if he had actually got a career, sent me a stern lawyers letter demanding that I pull all articles on him (going back 40 months) pay him damages, never write about him again and publish a grovelling apology dictated by him. I asked you to guess who has been so daft and 92% of you got it wrong.

Notes from Underground - Hey! You! Get off of my (Sound)cloud

Published 797 days ago

Considering that Tom is on leave and won't be returning to Bearcasts in September, it's interesting to note that two items on the top-10 leaderboard are Tom's Bearcasts. We look forward to their increased popularity when he officially returns to them.

African Potash - will the fraud be thrown off NEX on Monday or will the establishment bend the rules for Lord Hain of Sleaze?

Published 798 days ago

To be thrown off one market because your adviser tired of signing off on lies is understandable, if you are a fucktard in AIM Regulation who does not care about fraud. But, to paraphrase my fellow Anglo Irishman Mr Wilde, to be thrown off two markets for that reason looks like carelessness. And that brings us to the fraud African Potash (AFPO).

Stuttard’s Septic Seven July update: when will it be two?

Published 798 days ago

Oh boy, it’s time to revisit Marcus Stuttard’s Septic Seven and we have yet another suspension. You will recall that this portfolio of seven diversified stocks from the AIM Casino was chosen for Mr Stuttard so that he might demonstrate his faith is his own regulatory setup at the world’s most successful growth market – but with the caveat that all the stocks selected had been Red Flagged but were still trading. In the week that the LSE washed its hands of any responsibility for fraud it is scores of the doors time, after not quite 10 months.

MySQUAR Limited – was brought to AIM and is audited by PKF Littlejohn – what could possibly go wrong?

Published 799 days ago

In a brochure boasting of its (dis) services to the capital markets, auditor PKF Littlejohn proudly lists some of the clients it has helped bring to London’s capital markets (some of which it also audits). The roll call of shame includes:

Nomad Cenkos put "on record" re the Mercantile Ports fraud - letter 6, about Mr Gandhi the chairman

Published 799 days ago

When disgraced AIM casino posterboy Mercantile Ports & Logistics (MPL) moves from being a member of the minus 98% club in which it currently sits to being a member of the minus 100% club, I want it known that Nomad Cenkos has been fully aware of massive issues all along and has done nothing other than bank obscene fees. As such we have run a series of letters from a big shareholder to Amber Wood, head of Corporate Governance at Lagos Securities, HERE and HERE and HERE and HERE and HERE.  Now for letter six which puts fragrant Amber and Lagos, Nomad to the Quindell (QPP) fraud as well, on notice for when the final wipeout occurs that they will be held accountable. This letter has also been cc'd to AIM Regulation - I know they are useless but surely even they must realise that Lagos Securities has "form."

UK Oil & Gas, the untrue RNS and a Nomad with no balls & not fit for purpose: WH Ireland

Published 800 days ago

Every AIM company must have a Nominated Adviser, a NOMAD, to retain its listing. A Nomad is an FCA regulated financial adviser which charges an arm and a leg as a retainer to ensure that every RNS issued is 1005 accurate and that the company also complies with all the other AIM Rules. Not, as the LSE has made clear, that there is any downside in breaking all the rules or telling outright lies. That brings us to UK Oil & Gas (UKOG).

SHOCKING: London Stock Exchange: Fraud on AIM is nothing to do with us, nothing we can ( or will) do about it!

Published 800 days ago

The AIM casino has hosted the London stockmarket's biggest fraud for almost 40 years (Quindell) and a raft of smaller frauds in recent years. One might almost say that fraud is endemic. Yet, in a consultation paper published this week, the London Stock Exchange (LSE) has insisted that it is not within the remit of its own AIM Regulation department to tackle fraud or indeed do anything about it. This shows a complete contempt for investors - we bank the fees, you bank the losses.

Reader poll: Who has been stupid enough to send Tom Winnifrith a lawyer's letter now?

Published 801 days ago

Don't these fools ever learn? For chancers and crooks like Darren Winters, the shysters at Globo, Blinkx, Quindell and Daniel Stewart and for lyin Chris Cleverley and Lord Hain of sleaze and for so many others, sending me a fascist lawyers letter never works out well. That is not for them at least. But it seems there is one born every day. A new letter is in demanding that three years of articles be removed, that damages and costs be paid and that I put my name to a grovelling apology dictated by this poltroon. Who do you think is daft enough to have sent it? Vote now in our latest poll with a deadline of midnight tonight.

AIM-China Grand Group – shares collapsing, statement needed

Published 803 days ago

AIM-listed Chinese play Grand Group (GIPO) has had something of a chequered history even by the standards set by the Filthy Forty. It didn’t get in because it listed too late, but that hasn’t stopped the comparisons. It listed at 80p in January 2015 yet there appears to be a rush for the exit today, with the stock off by 32% at just 9.75p.

The dubious modus operandi of MySQUAR boss Erik Schaer part 2

Published 803 days ago

Our recent coverage of AIM Bulletin Board Moron darling MySQUAR (MYSQ) HERE and HERE should leave you in no doubt that this is a piece of crap heading for 0p. At the heart of the issues are the related party deals  conducted with other Schaer companies which explain most of the "sales" MySQUAR reports. Earlier toady we ran a piece which exposed the dirty business practices of Schaer when he used to operate in the USA, as you can see HERE. Now for part two which shows what an A grade shyster the man is, another reason to exit this stock ASAP before it goes tits up.

MySquar - tell us about the CV of CEO Erik Schaer & why has he surrendered his US passport: part 1

Published 803 days ago

Our recent coverage of AIM Bulletin Board Moron darling MySQUAR (MYSQ) HERE and HERE should leave you in no doubt that this is a piece of crap heading for 0p. At the heart of the issues are the related party deals  conducted with other Schaer companies which explain most of the "sales" MySQUAR reports. Does Schaer walk on water? Er...let's look at his CV.But before we start I notice that he surrendered his US passport in 2015. I wonder why?

Winner of the Bulletin Board Moron of the Week Contest - sponsored by the FD-less FRAUD Aquatic Foods

Published 803 days ago

It's so very rare to have a winner outside of the LSE asylum, but this week we managed it. May the force be with you.

Lagos Securities put on the record re the Mercantile ports fraud again - letter 5

Published 804 days ago

When disgraced AIM casino posterboy Mercantile Ports & Logistics (MPL) moves from being a member of the minus 98% club in which it currently sits to being a member of the minus 100% club, I want it known that Nomad Cenkos has been fully aware of massive issues all along and has done nothing other than bank obscene fees. As such we have run a series of letters from a big shareholder to Amber Wood, head of Corporate Governance at Lagos Securities, HERE and HERE and HERE and HERE. Now for letter five which puts fragrant Amber and Lagos, Nomad to the Quindell (QPP) fraud as well, on notice for when the final wipeout occurs that they will be held accountable. This letter has also been cc'd to AIM Regulation - I know they are useless but surely even they must realise that Lagos Securities has "form."

ShareProphets China AIM 'Filthy Forty' update – the frauds scrambling to get 2016 results out in time edition

Published 804 days ago

Since our previous update, most of the remaining ShareProphets China AIM 'Filthy Forty' companies have been scrambling to get results out in time, two further have been suspended and another (MoneySwap) has been booted off the AIM Casino - to follow the likes of Geong International and co in 'Geong, Geong' and then Gone...

Exclusive: Watchstone flogs another business back to the old Quenron gang - when will it tell the market?

Published 804 days ago

Suffice to say the big winners from this transaction are the old gang, the associates of the King of the fraudsters Robert Simon Terry, not shareholders in Watchstone (WTG), Quindell (QPP) as was. But its remiss of the new team at Quenron not to keep you updated. So let me assist.

Photo Article: Blur Minus 98% - where are our Devon mansions Phil Letts and your ghastly Mrs Kara?

Published 806 days ago

Blur (BLUR) was floated at 82p. Today after five years of accounting fraud, operational failure and cash guzzling it is doing another bailout placing at just 1.75p so leaving its long suffering shareholders 98% down. As part of today's bailout a number of directors have "been resigned" including Kara Cardinale, hithero paid an arm and a leg as Chief Delivery Officer. Chief what the fuck???

Cantor Fitzgerald, are you sweating yet over the African Potash fraud on your watch... tick tock

Published 808 days ago

Of course Cantor Fitzgerald is so large that it could afford to compensate all of the 70 or more investors working with Peter Petyt and this website to try to recover losses from the African Potash (AFPO) fraud. But the publicity of a case would be hugely embarrassing so sordid would be the revelations. Anyhow just 10 days more sweating for Cantor...there is an update from Petyt.

Lakehouse – Grenfell Tower Fire statement: shame on all concerned

Published 808 days ago

Late last night at no-one-is-watching o’clock and then some (6.37 pm) Lakehouse released a statement which was signed off by PR firm Camarco. Perhaps it would have been better to insist on this occasion not to. I just hope that what follows will be addressed and corrected, for if it is not then woe betide the company.

Exclusive: Redcentric and the payroll fraud it learned from Rob Terry - how has CEO Fraser Fisher not been fired?

Published 808 days ago

Redcentric (RCN) CEO Fraser Fisher is still in place despite his company having admitted to having grossly overstated its 2016 accounts, something that pushed up the shares allowing him to make a killing dumping stock a year ago. The FCA is investigating this matter as are other agencies which almost certainly means the Serious Fraud Office. So far the fall guy has been the ex FD. But I can now demonstrate that Fraser must have been persoinally aware of at least one major fraud, a type of con the King of the fraudsters, Mr Rob Terry, also pulled off at Quindell and The Innovation Group. 

New Bulletin Board Moron of the Week Contest - sponsored by the FD-less FRAUD Aquatic Foods

Published 809 days ago

Thanks to a last minute sponsorship from China, where the financial director of Aquatic Foods (AFG) has walked out, we're pleased to open another round of AIM's favourite game show: Who is the Bulletin Board Moron of the Week!? Maybe we could start by naming the brokers who usrged folk to buy this stock? Did the Investor Chronicle tip the shares or is this the 1 China fraud it did not promote?

Nomad Cenkos (aka Lagos Securities) on the record part 4 - you are aware of the Mercantile Ports lies aren't you?

Published 809 days ago

When shamed AIM casino posterboy Mercantile Ports & Logistics (MPL) moves from being a member of the minus 98% club in which it currently sits to being a member of the minus 100% club, I want it known that Nomad Cenkos has been fully aware of massive issues all along and has done nothing other than bank obscene fees. As such we have run a series of letters from a big shareholder to Amber Wood, head of Corporate Governance at Lagos Securities, HERE and HERE and HERE. Now for letter four which puts fragrant Amber and Lagos, Nomad to the Quindell (QPP) fraud as well, on notice for when the final wipeout occurs that they will be held accountable.

TrakM8– still burning cash & still promising jam tomorrow, this is just a bad business

Published 809 days ago

My contention, questioned by certain other well known share bloggers, is that TrakM8 (TRAK) is what Warren Buffett would define as a "bad company." That is not saying that it is a fraud. It is not, although it has told untruth's in RNS's and raised cash to buy some strange old businesses. It is bad because it just does not generate free cashflow. Paul Scott, PR crony capitalist Reg Hoare or the paid corporate shrills can bang on abourt earnings per share till the cows come home but earnings are a matter of opinion, cash is a matter of fact. Trakm8 yesterday published its, piss poor, results for the year ended 31 March 2017.

EXPLOSIVE: Conman Darren Winters and his evil wife Tatjana slammed by Judge in another Courtroom thrashing - full transcript

Published 810 days ago

No doubt charlatan and snake oil salesman Darren Winters and his evil cancer-patient conning wife Tatjana Valujeva will again use Europe's daft privacy laws to ensure there is no google link to this article which contains a full transcript of a court case showing what complete and utter bastards and conmen they are. So we beg you ALL to use the tweet & Linkedin buttons below the headline, to put a link on every Bulletin board or every finance article you find soi that folks can be warned about this man who has been conning decent folk for almost 20 years.

New Bulletin Board Moron of the Week contest - sponsored by Paul "Queenie" McManus PR to London's worst frauds & AIM trash

Published 811 days ago

Queenie smears journalists and spins for all the worst companies on the casino from fraudsters Eden to Advanced Oncotherapy to Norfolk's finest Fusionex. He truly is a posterboy for AIM and thus a fitting sponsor for this week's contest.  The challenge: We're looking for exemplary examples of sheer stupidity from those founts of brilliance; the Bulletin Board Morons who dwell on the cesspits that are LSE.co.uk, III.co.uk and ADVFN.co.uk. The deadline to post your entries in the comments section below is midnight, Sunday 2 July.

Notes from Underground: There must be some kind of way outta here, said the joker to the thief

Published 811 days ago

By far, the most read article of the week was Exclusive: The full Slater & Gordon High Court Claim against Watchstone for £537m - damning on Rob Fielding, David Curry & the lies Quindell told, an excellent example of the journalism that that ShareProphets conducts and that you cannot find anywhere else at any price. 

Aquatic Foods - now FD walks - who could have thought this was a China fraud? Roll of Shame

Published 812 days ago

Late on Friday, at no-one is watching O'Clock we learned that Po Ling Low had quit as FD of AIM listed China fraud Aquatic Foods (AFG) with immediate effect. Really? It was 5.21 in London so it was 1.12 in the morning in China. Did Po really walk the plank so late in the evening. Clearly that was just another lie from this slam dunk fraud. 

ShareProphets readers tips for 2017 competition - end June update

Published 812 days ago

Having asked for readers tips for 2017 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2017)...

Patriotism is the last refuge of the scoundrel or the crony capitalist - stockmarket boss wants clampdown on short sellers

Published 814 days ago

We all know that stockmarkets are rigged and that fraud is endemic. So what is the answer? Natch. Clamp down on short sellers. That is the answer those who benefit from the scams such as Stockmarket bosses, as well as those who lose like Bulletin Board Morons, always come up with. What short sellers do is immoral. In fact it is down right unpatriotic. You could not make this nonsense up. But as the excellent article below from a website you must start reading ( www.Wolfstreet.com ) shows, we already live in this parallel universe.

China fraud Aquatic Foods – still can’t get the cash out of China, no results = SUSPENDED

Published 814 days ago

Well there’s a thing: ShareProphets AIM-China Filthy Forty stock Aquatic Foods Group (AFG) is still having trouble remitting funds from China resulting in the delay of payments to a number of parties whose assistance is required for the finalisation of the audited accounts. In short, the company can’t pay its bills and the shares have been suspended. 

You may know Tom the fraudbuster but what about the man who makes you money from value investing shares tips - act TODAY!

Published 815 days ago

You may know Tom Winnifrith as the man who exposes fraud on AIM and gets a stack of death threats and lawyers letters for his troubles. Just on Tuesday he has published a massive exclusive on Quindell, the biggest London stockmarket fraud for 30 years, and a con the regulators thanked him for exposing. That breaking news is HERE.

Bulletin Board Moron Evil Knievil still wrong on Watchstone

Published 815 days ago

I guess if you write for a website that makes the Official Jimmy Saville Fan Club website seem well read and popular, it forces one to also post on Bulletin Boards in order that your words of wisdom/attempts to ramp your flagging portfolio reach an audience of more than three men and a dog. Speaking of dogs - Watchstone (WTG) is stock which bear raider turned Bulletin Board Moron Evil Knievil has long argued is worth 500p. The shares are now 140p ( and falling) after yesterday's massive revelations from me HERE.

Mayan Energy the dog has a new trick but it makes no sense at all - coke & hookers better value

Published 816 days ago

Another day and another director walks, a new strategy is adopted and yet more confetti is issued by AIM casino uber dog Mayan Energy (MYN), formally the hound known as Northcote Energy. But this latest move just makes no sense at all. Let me explain with a little bit of help from a friend....

Exclusive: The full Slater & Gordon High Court Claim against Watchstone for £537m - damning on Rob Fielding, David Curry & the lies Quindell told

Published 816 days ago

Slater & Gordon (SGH) spunked £649 million on buying the worthless, fraudulent assets of Quindell (QPP) in 2015, a deal that has seen its shareholders suffer a 99% wipeout. It has now filed a UK High Court claim against Watchstone (WTG), Quenron as was for £637 million and we have obtained the papers and, in a major scoop, publish the Claim in full below.

For the Record No 3: Nomad Cenkos YET again put on record about RNS lies by client Mercantile Ports & Logistics

Published 818 days ago

When AIM listed Mercantile Ports & Logistics (MPL) disappears up in smoke having sent tens of millions of UK Investor cash to money heaven, the stink will force Nomad Cenkos to show that it acted in a way that did not bring the Casino into disrepute, as it did when it allowed Quindell to commit wholesale fraud. Thus one shareholder, a veteran of the ports and logistics industry, is putting Cenkos on record now so that it can have no excuse at the death. letter one HERE raised clear questions of fraud. Letter two HERE showed more cases of how Mercantile misled investors. Now the shareholder has followed up again with a third letter to the head of corporate governance at Lagos Securities, Amber Wood, cc'ing in Redleaf, the PR to Mercantile as well as Quindell at the height of that fraud. Do Cenkos and fragrant Amber give a toss about clients lying to investors?

Tom Winnifrith: I lied to you - I have a 19th share, I'm 99.75% down in four months and over the moon

Published 818 days ago

Yesterday I revealed to you the 18 shares I own and thanks for all the comments. For the avoidance of doubt that portfolio started at zero four and a bit years ago and we have more than trebled our money to date. It happens. But I lied to you, the portfolio is incomplete. I own two other shares. 

Notes from Underground: On fire but not getting burnt

Published 818 days ago

The standout story of the week is Tom Winnifrith - the shares that are my 18 holdings: the non dirty dozen and a half which not only takes the top spot, it only went up yesterday and easily blew past every other story as it was Tweeted and passed around the bulletin boards. It can be crazy when a story catches fire like that.

Crazy Times Call for Sensible Precautions - Keep Your Selling Finger Poised.

Published 819 days ago

Hello Share Pokers. If any more evidence was needed that we live in strange times it is this weekend’s news that the Bank of England was investigated by the Serious Fraud Office. I ask you!

Another crony capitalist awards dinner and the ShareProphets team AGAIN trounced by clowns like Lagos Securities

Published 820 days ago

In case you missed it, last night was the The fifth annual Small Cap Awards' black tie gala in London. The crony capitalists from across the Square Mile gathered to say how well they had done being paid vast amounts to stuff dumb fuck investors into shite stocks, before the spivs departed for some late night celebratory coke and hookers. And boy were the crony capitalists doing well. Let's start with the winners:

For the Record No 2: Nomad Cenkos again put on record about RNS lies by client Mercantile Ports & Logistics

Published 820 days ago

When AIM listed Mercantile Ports & Logistics (MPL) disappears up in smoke having sent tens of millions of UK Investor cash to money heaven, the stink will force Nomad Cenkos to show that it acted in a way that did not bring the Casino into disrepute, as it did when it allowed Quindell to commit wholesale fraud. Thus one shareholder, a veteran of the ports and logistics industry, is putting Cenkos on record now so that it can have no excuse at the death. letter one HERE raised clear questions of fraud. Now the shareholder has followed up with a second letter to the head of corporate governance at Lagos Securities, Amber Wood, cc'ing in Redleaf, the PR to Mercantile as well as Quindell at the height of that fraud.

Naibu – SHOCKER filthy forty update and litigation news. Who's in the frame?

Published 821 days ago

Out of the blue this morning, we have had an update from ShareProphets AIM-China Filthy Forty Naibu. This was an obvious fraud and delisted in 2015 when the money stopped flowing and Houyan Lin disappeared. But the board decided to stand up to be counted. They may have been taken in and signed off on all sorts of lies, but they have been pursuing the case and today have also announced that viable legal causes of action look to exist to go after certain of the various professional advisers who were involved at the time of the flotation.

Tom Winnifrith Bearcast: all Things Fraud and Fright-er-ful

Published 822 days ago

I am pretty much finished here in Greece as I explain in the podcast. And as such I start the journey home tomorrow to spend time in sun-drenched England with the Mrs, Joshua and - of course - Oakley, my utterly pampered three legged cat who is, I gather, now being given iced water to cope with the heat. In this podcast I look at Barclays (BARC), the SFO and the nature of fraud. I look at Thor Mining (THR) where events disgust me and at Ariana Resources (AAU) where I am dissapointed and less accepting than Nigel Somerville is.

For the Record Nomad Cenkos asked to investigate if its client Mercantile Ports & Logistics has committed fraud

Published 822 days ago

There is clear evidence that Mercantile Ports & Logistics (MPL) has misled investors ahead of raising vast amounts of cash on the AIM Casino. Its Nomad Cenkos Securities (of Quindell infamy) appears unconcerned as long as it keeps banking the fees. When this company unravels and goes to zero as it surely will, the shameful way that Lagos Securities has brought the casino into disrepute by ignoring stacks of red flags shown to it, will surely leave it in the merde. A shareholder who happens to be a ports industry specialist has written to Cenkos’s representative for Governance matters Amber Wood (ccing in PR specialist Redleaf which also acted for the Quindell fraud). The damning letter is below. It is truly shocking...

Notes from Underground: Um, go Quindell?

Published 825 days ago

Ha ha. We've been waiting for this for weeks, but now Slater & Gordon (who were given all the relevent ShareProphets articles when there was still time to back out) has actually filed suit against Watchstone, nee Quindell, claiming breach of warranty and/or fraudulent misrepresentation for a total amount of up to £637 million plus interest. It almost makes one want to root for Quindell this time.

Fisking The Times & Standard Life as AIM is lambasted

Published 827 days ago

The Times yesterday ran an article "Investors take aim at LSE’s mistrusted upstart - Stock exchange defends Alternative Investment Market but its critics are losing patience", which it painted as a major attack on AIM. In fact it appears to have found one new critic - Standard Life - which, having done its conkers on Fusionex (FXI) because its fund managers knew better than our writers here who issued repeated warnings, now seems to think AIM has a problem. On which fucking planet has Standard Life been for the past ten years?

African Potash: Crack out the ouzo, adviser Peterhouse quits it is game over

Published 827 days ago

"Lyin' Chris Cleverley, fascist lawyers Memery Crystal,, NED Declan O'Brien,clueless accountants RSM Tenon, SA sleazebag MP Mark Simmonds, Phil Edmonds, Andrew Groves, we have beaten them all, we have beaten them all!. Lord Hain of sleaze, can you hear me? Lord Hain of sleaze ... your boys took a hell of a beating! Your boys took a hell of a beating!" Yes I think we can now declare victory in the war against African Potash. It never ends well for frauds especially those who hire fascist lawyers to send wanker letters to The Sheriff of AIM.

Fusionex - votes to delist: shares now 33p to sell - worthless:: CEO Teh talks horseshit, has Nomad quit?

Published 828 days ago

Surprise surprise shareholders in Fusionex (FXI) voted to delist the shares from AIM. Management and stooges had the vote sown up anyway so won 85% to 15%. The shares will cease trading on 26 June. CEO Ivan Teh must have really pissed off the owners of 5.4 million shares who voted against.

Beer & Popcorn time: battle of the poltroons - Slater & Gordon serves Watchstone over Quindell con

Published 829 days ago

Oh boy this is going to be fun. It is one of those battles where you want both sides to lose badly. Like Germany vs Argentina at football or a ratings war between Jonathan Ross and Simon Cowell. But Slater & Gordon (SGH) has now formally served Watchstone (WTG) with High Court proceedings claiming breach of warranty and/or fraudulent misrepresentation for a total amount of up to £637 million plus interest. Watchstone says it will defend this robustly. Boy this will be fun.

Mercantile Ports - before we turn to dire results today, more on this zero in waiting

Published 830 days ago

Mercantile Ports & Logistics (MPL) has served up dismal numbers & pathetic excuses today and its shares have slumped to a pitiful 5.625p. My target remains 0p as it was in this expose a few months ago. I will turn to the results later but before then...

Advanced Oncotherapy – the stench of desperation as the shares crash

Published 831 days ago

Shares in doomed Advanced Oncotherapy (AVO) are now 15.25p to sell, compared to a 25p nominal price. That means that as death spiral provider Bracknor desperately tried to convert c£3 million on loan notes into shares to flog to eliminate its exposure under the spoof arrangement with Advanced it will demand fees of 40p for every £1 of loan note converted. As it scrambles to convert notes and flog shares before the fat lady waddles onto stage from the wings (where she is already warming up), the share price will continue to tank making things even worse. So what to do?

Darren Winters, David Williams at Avanti, Eden Research – is there any point in carrying on crusading?

Published 832 days ago

As I noted in the bearcast special yesterday I am not going to launch any more new business ventures, if anything I am on the retreat and working towards calling it a day. I am gratified by the response both in the comments section below that bearcast and in numerous private emails. It seems that I am far from alone. Whichever bunch of career politicians gets to run the UK I think it makes no odds. We entrepreneurs are saying “enough is enough” and are not only preparing to pack up but are already starting to do so, The implications for the UK economy are clear and are serious. The Golden Geese are preparing to take wing. But all week I have been wrestling with another issue: what is the point of writing as I do?

Notes from Underground: All politics are local, even from Greece

Published 832 days ago

Not that anyone wants to hear more about the election, but I find it facinating that the majority of our top 10 articles were not about the markets but about politics. Not that ShareProphets is going to swing that way, but it's always refreshing to see that our readers don't have one track minds.

Slater & Gordon faces new (third) class action - this explains the mad Quindell deal

Published 835 days ago

Aussie law poltroons Slater & Gordon (SGH) has admitted that it has received another claim for damages to add to two existing class action suits. The latest is from lawyers Johnson Winter & Slattery Lawyers acting for investor Babscay and alledges that there were misleading representations in the company’s 2013, 2014 and 2015 financial statements. This sheds a very interesting light on the £649 million purchase of Quindell (QPP).

Notes from Underground: Help stamp out disco in our lifetime

Published 839 days ago

The first non-Tom article is #1, The explicit signs that a stockmarket crash is on its way... soon, by David Scott. This bodes well - the snakes and frigana may actually be drawing Tom's attention away from the market and back to his sabbatical.TW note you missed out this article which was actually the most read, modesty prevents me from saying who penned it. More Labour vote rigging!

Fusionex: Sell while It’s still possible but I've bought Petrofac

Published 840 days ago

I certainly don’t condone bribery but I can understand why Ayman Asfari and Marwan Chedid, CEO and former COO of Petrofac (PFC) might be feeling a little hard done by, having been arrested by the Serious Fraud Office and seeing the company’s value plunge by £1.5 billion, as an investigation is launched into its dealings with shadowy Monaco-based “agent” Unaoil.

Advanced Oncotherapy- where's the statement you goddamn shysters?

Published 842 days ago

Wakey wakey Michael Sinclair and the other tossers who run Advanced Oncotherapy (AVO). Time to get out of the luxury gym ( membership fees paid by grateful shareholders) - you need to be issuing a statement don't you? Bracknor? 10 days? Capital Reorganisation? Ring any bells? Come on, call your useless PR man Paul Queenie McManus and tell him to stop promoting the Eden fraud and get a release ready for you.

Crowdfunding appeal launched to take Jason Drummond & Nilesh Jagatia of Teathers infamy to court over Purple Lounge & Media Corp

Published 843 days ago

A crowdfunding appeal has been launched to take Jason Drummond & Nilesh Jagatia of Teathers (TEA) infamy to the High Court over a previous debacle Purple Lounge & AIM listed (now bust) Media Corp. It is claimed that investors were misled and also that client funds at Purple Lounge went missing. The allegations, and at this stage they are allegations, are very serious indeed.

ShareSoc has it (almost) 100% right - where is the justice on RBS?

Published 845 days ago

ShareSoc it is starting to serve up some opinions of worth. Its latest comment on the RBS scandal is bang on the money and shows why the UK Financial system is flawed and will screw we little people every time.

African Potash fraud - litigation update

Published 845 days ago

The case for suing Nomad Cantor Fitzgerald over the African Potash (AFPO) fraud builds. It may be that CEO Lyin Chris Cleverley is also sued by shareholders who lost out although it is suspected that he has little in the way of assets so it may be worth sticking with Cantor. The man running the case Peter Petyt has just sent the following update with intriguing new information:

Market abuse, PCGE, an honest if careless scouse tipster and the sordid underbelly of AIM

Published 846 days ago

Having explained how folks paying up to 0.16p for shares in PGCE fully deserved the rogering they got on Friday after a new media rampfest turned sour I was startled to be told by some professional TW hater "but you tipped it, Doc Holiday said so". Au contraire.

Petrofac can still recover after recent bad news

Published 846 days ago

Petrofac (PFC) has seen its share price get absolutely hammered in recent weeks, and although some will probably think I am mad, I can see a buying opportunity here at these levels.

Eden Research Plc – What is really going on with its terpene technology license from UMMS?

Published 846 days ago

AIM Listed fraud Eden Research (EDEN) has bneen shown to have committed FRAUD, has been panned by the FRC and is still under FRC investigation (whatever it says). But there coulde be an even bigger problem. In its AIM admission document Eden explained that an element of its terpene chemistry was licensed as set out below:

Notes from Underground: Devil is in the details

Published 846 days ago

Well all right, this is more like it. The first non-Tom article is #1, Infrastrata – cash crunch & sack-the-board General Meeting ahoy… so it’s strategic review time!, by Steve Moore.

Arian Silver: Pump & Dump, Mislead Investors, Executive Greed - why do I bother?

Published 849 days ago

A chap for whom I have some time some of the time asked me why bother sticking it to Arian Silver (AGQ), a worthless piece of crap on AIM. Will it make any difference to the charade, to the game which sees userless tossers like Arian's CEO Jim Williams get ever richer, crony capitalists earn fat fees and investors get buggered again and again and again. No. My writings won't change that. And the chap is right in that it will just make a few more pathetic wretches who would rather lose money than accept the truth hate me. Yup. He is right. 

Petrofac – shares crash further on update on SFO investigation

Published 849 days ago

An “Update on Serious Fraud Office Investigation and Board Change” announcement from Petrofac (PFC) sees the shares currently crashing further in response...

Eden Research - Financials suggest its going tits up, FRC pans it after my request), Part 1

Published 852 days ago

Eden Research (EDEN) has today published godawful results and admitted that my very good friends at the Financial Reporting Council (FRC) investigated it - after I requested such an investigation - and have forced it to restate past numbers. It claims that the FRC has now settled all matters. Au contraire. that is another lie from the fraudsters and there are many more porkies in this statement. Truly, the pants of shamed PR Paul Queenie McManus of Walbrook will be cinders and ash after this effort. This all came out as Eden published Godawful numbers for calendar 2016.

New Bulletin Board Moron of the Week Contest - sponsored by Quindell founder & fraudster Rob Terry

Published 853 days ago

This week's sponsor, serial company founder Rob Terry, has been in the news this past week over a lawsuit brought by Aussie legal poltroons Slater & Gorden claiming to be deceived over the legal division that they bought from Quindell. Slater & Gordon will probably do just fine unless Quindell (QPP) or Watchstone (WTG) as it is called these days, points out ShareProphets sent S&G a docket of articles before the purchase went through. Anything to help the boys and girls at Quindell!

Notes from Underground: Greece is the word

Published 853 days ago

So, considering that Tom Winnifrith is away with his wife and his in-laws, away from the Greek hovel, and spending time at some Greek luxury resort, the first non-Tom story is CloudTag – Some great news, Amit Ben-Haim is all yours now by Cynical Bear at number 9.

Caption this photo of Quindell fraudster Rob Terry's Quob Park Estate meeting in Monaco

Published 858 days ago

The original caption on this photo tweeted by Quob Park Estate says "Great team dinner in Monaco, prior to TM Forum LIVE, looking forward to meeting with key clients while here". Surely this can be improved. The deadline is midnight tonight. Mr Terry is second from the left next to his charming other half.

The Sheer scale of value destruction of that (failing) UK Oil & Gas Placing - who should be fired?

Published 858 days ago

As we forced it to admit on May 9th, UK Oil & Gas (UKOG), the Horse Hill explorer run by pompous little prig Steve Sanderson is trying to raise c £6 million. The shares before that scoop were 1.2p mid. But having raisred to get the issue away at 1p, hapless broker to frauds like Quindell, Lagos Securities is now struggling to get it away at 0.8p as we revealed last night. Just to put the value destruction in perspective...

More Good news about Quindell fraudster Rob Terry & Watchstone - SFO demands documents from Slater & Gordon

Published 859 days ago

Oh dear, oh dear, the net is closing in on Roberty Simon Terry, the man behind the UK's biggest stockmarket fraud Quindell. Aussie Poltroons Slater & Gordon (SGH) which has almost bankrupted itself after paying £649 million for most of the worthless Quindell businesses from what is now Watchstone Group (WTG) has made an announcement.

Winner of the Bulletin Board Moron of the Week contest - sponsored by the AIM listed slam dunk proved FRAUD Eden

Published 859 days ago

iAs always, the competition was sharp, but the accountants, made up of teams from PwC and the FCA, have counted the votes several times and declared, "Eh, close enough."

Eden Research - why did its PR man Paul "Queenie" McManus LIE to me?

Published 859 days ago

In August 2015 AIM Casino listed fraud Eden Research (EDEN) announced that it had sold a license to its long time associated company Terpenetech for £600,000. On the same day it announced that it had bought a 29% stake in (worthless) Terpenetech for £920,000 in shares. I quizzed Eden's PR man Paul "Queenie" McManus of Walbrook PR about this deal which was clearly a panama pump fraud. And Queenie lied to me.

New Bulletin Board Moron of the Week contest - sponsored by the AIM listed slam dunk proved FRAUD Eden

Published 860 days ago

This week's sponsor, Eden Research (EDEN), has much to offer the thinking investor. Well that is if you like investing in proven frauds that wil never generate a cent of free cashflow without resorting to the panama pump.

Quindell fraudster Rob Terry - is he personally on the hook for £50 million as Slater & Gordon sues? If there's a God...

Published 860 days ago

More details of how Aussie poltroons Slater & Gordon (SGH) is suing Watchstone (WTG), Quenron (QPP) as was, for £600 million have emerged in the Aussie press. And for Britain's biggest fraudster of the past 30 years, already under SFO investigation, it is not good news. And top of the morning it is to you Robert Simon Terry.

Eden Research - a Second Request to the FRC to investigate its fraudulent accounts

Published 860 days ago

I asked my very good pals at the Financial Reporting Council, who we know are major fans of my work, to look into the fraudulent accounts of Eden Research (EDEN) for 2011, 2012, 2013, 2014 and 2015 on February 17 2016. Okay 2015 accounts were not out at that point but I was sure they would be fraudulent - they were. Now 2016 accounts for Terpenetech are out we have it again confirmed that the 2015 accounts were crook and 2016 accounts - due within days - will almost certainly be fraudulent. So I have written to the FRC again. The letter follows.

Notes from Underground: In the year 2117, if man is still alive...

Published 860 days ago

Well, the first non-Tom article is by me, at a lofty #4: Leavers are either nuts or hiding what they're really on about. There, I said it. To be honest, I still haven't received a satisfying answer in the comments.

Letter to AIM Regulation: do you & Nomad Shore capital not care about overt fraud at Eden Research?

Published 862 days ago

I am unable to sleep because of the stifling heat of Southern Greece as well as the prospect of another week of holiday with the mother in law. Sean Smith, the CEO of AIM casino posterboy Eden Research (EDEN) is probably also suffering nightmares and insomnia but for different reasons. As he desperately tries to persuade his auditors to sign off Eden's accounts without an emphasis of matter, Smith knows that the £920,000 Terpenetech panama pump fraud he masterminded is now unravelling. The question is not will it cause Eden's destruction but when will this time-bomb blow up. I have thus, whiled away the early hours with a letter to AIM Regulation which is below.

Eden Research boasts that the taxpayer is funding promotion of its fraud

Published 863 days ago

AIM Cesspit listed FRAUD Eden Research (EDEN) has two massive problems. One is that with pitiful sales it is rapidly running out of cash and so must get yet another bailout placing away. The second is that it has now been fully exposed as committing a massive panama pump securities fraud HERE. Its response....

The curse of Quindell fraudster Rob Terry: Slater & Gordon to sue Watchstone for £600 million

Published 863 days ago

Oh dear, the curse of wretched Quindell (QPP) fraudster Rob Terry strikes again. Slater & Gordon (SGH), the Aussie poltroons driven to the point of bankruptcy because it bought worthless assets from Quenron says it is to launch a claim for £600 million ( the amount it paid) against Quindell - now renamed Watchstone Group (WTG). Slater claims that when it bought the assets it was a victim of "fraudulent misrepresentation." Oh Dear.

Excellent expose by The Telegraph: £70k for the Chocolate Teapots' (almost) identical logo

Published 865 days ago

Tom Winnifrith keeps reminding us that frauds, like Labour Governments, always end up running out of other peoples’ money. And that brings us to the Chocolate teapots of the FCA which have been exposed in an excellent piece in The Daily Telegraph as having spent enough to keep a couple of nurses on shift for a year to have its logo redesigned….to almost identical and equally pointless window-dressing for its website and corporate communications. Why not spend the cash on catching criminals? I am reminded of images of yester-year of swanky new deep-pile carpets in the hospital chief executive’s office whilst patients waited for years to regain mobility offered by a hip replacement.

Notes from Underground: All's quiet on the ShareProphets front

Published 867 days ago

The first non-Tom Winnifrith (and non-house) article is #1, Sepura – The rollercoaster deal continues: could this be the first Brexit-related deal implosion? by Cynical Bear. We may have turned a corner, folks.

African Potash - update on legal action against those who facilitated this fraud

Published 868 days ago

As you know I have been keen to ensure that all those who cost investors millions of pounds in facilitating the fraud that was African Potash (AFPO) face justice. Thus I have been pushing to assist those who did lose to get some of their cash back with a legal case against the Nomad Cantor Fitzgerald. The man in charge of that is Peter Petyt who has just sent an update to those who have contacted him. If you lost money and want to get on board it is NOT to late. Peter writes...

Photo Article: Cloudtag - FD walks but don't worry new NED arrives

Published 868 days ago

What's not to like? No Listing after being booted off AIM because no Nomad would sign off on its lies. No product for sale. Almost no cash left. And now the Finance Director of the fraud Cloudtag (CTAG) has quit. More red flags for tea vicar?

Terpenetech & the Eden Research fraud, fraud, fraud: Part 2

Published 868 days ago

Yesterday we saw demonstrable and explicit evidence that AIM Cesspit fraud Eden Research (EDEN) had committed a panama pump stock fraud with its 29.9% owned associate Terpenetech, HERE. But it seems that I was too charitable in my assessment of Terpenetech's laughable accounts. A hat tip to reader CS who points out:

Terpenetech Accounts filed - the panama pump fraud at AIM listed Eden confirmed

Published 869 days ago

The fraud is confirmed. Will Eden Research's (EDEN) Nomad Shore cap resign? Will Eden impair the carrying value of Terpenetech which appears to be insolvent? Does anyone care any more?

The Cloudtag fraud - Will Lyin' Amit Ben Haim come clean on Golden Bridge?

Published 872 days ago

Cloudtag (CTAG) lied to investors to pump its stock price to allow it to raise equity and for insiders to sell. That makes it a fraud. But what was the extent of the wrongdoing? Perhaps Amit Ben Haim would like to discuss Golden Bridge Services Ltd?

Eden Research - how long can it hide the Terpenetech Panama Pump fraud? Days...at most

Published 873 days ago

The unravel at AIM listed fraud Eden Research may be just days away. Because, its partner in crime, Terpenetech has until April 30 to file its accounts for the year to 31 July. Normally it files on deadline day. Any delays will be telling. But then so too will the numbers. Its a lose lose for the fraudsters. You will remember how this fraud worked....

Notes from Underground: All creature great and small, Tom poisons the lot

Published 874 days ago

In the past seven days, 43,154 unique readers read 70,771 pages on ShareProphets. The circulation of the Investors Chronicle is c30,000. Shares is less than half of that. To our critics who think we do not count, we say think again.

Cloudtag AGM: rats jump ship, Lyin' Amit lies again and no mention of (lack of) cash - what's not to like?

Published 877 days ago

Fraud Cloudtag (CTAG) may have been booted off the AIM Casino but in the few months before insolvency the comedy continues. The company has held an AGM the highlight of which was news that the 2 NEDS Tony Reeves and Jerry Bereika have resigned. Lyin' Amit Ben Haim says that the a search for new directors with the requisite skills to match the Company’s future requirements is underway. Hmmm what would that skillset be?

African Potash –PKF Littlejohn LLP hang your head in shame

Published 879 days ago

On 12 April 2017, the fraud that is African Potash (AFPO) announced a change of auditors from RSM UK Audit LLP to PKF Littlejohn LLP. One can understand why RSM UK Audit LLP might be keen to cease its relationship with a company with the frankly appalling track record of African Potash but how desperate does PKF Littlejohn LLP look in taking on African Potash as an audit client?

Hell's Teeth, does Peterhouse do any due diligence at all - meet the carbon spiv hooking up with African Potash?

Published 879 days ago

As I flagged up over the weekend, in a desperate attempt to keep the fraud from becoming insolvent, African Potash (AFPO) has proposed a RTO of a company called Onshore Energy Limited, OEL. Lyin' Chris Cleverley Potash's boss is also a director and shareholder on OEL. But it gets worse. Much worse.

African Potash - the legal case for victims of the fraud almost underway

Published 880 days ago

Before I call it a day I want to see the victims of the African Potash (AFPO) fraud get some of their money back, even if some of those victims were fairly beastly to me as I exposed the fraud. Friday's bombshell from Potash shows the game is up but the big frauds happened before this worthless enterprise was booted off AIM. To that end I have been working to help put together a legal action. That action is now almost underway and Peter Petyt, the man running things, wrote to more than 50 victims who have come forward at the weekend. If you lost money and want to try to get it back it is not too late to contact Peter. His letter & contact details follow.

Video: Chris Bailey and Johnny Hon discuss: Is China a Fraud-ridden bubble at UK Investor Show 2017

Published 881 days ago

In this video from the storming success that was the 2017 UK Investor Show, Chris Bailey of Financial Orbit and Johnny Hon of Global Group discuss: Is China a Fraud-ridden bubble? And make sure that you keep April 21 2018 free for next year's UK Investor Show.

Notes from Underground: Well, that was quick

Published 881 days ago

After all the fussing and moaning about Tom leaving the site to pick olives or raise snakes or whatever it is he's doing, and following a spectacular week where the most popular story was written by yours truly, we have come to what we all expected in the first place. The number one story this week is General Election June 8th - Surely there is no doubt as to the outcome, there is no uncertainty now, written by one Tom Winnifrith.

African Potash shares suspended, sheer comedy from Lyin Chris Cleverley and his cowardly advisers at Peterhouse

Published 882 days ago

This really should have been an ouzo o'clock moment as lying Chris Cleverley, Lord Hain of sleaze and the gang round at the African Potash (AFPO) fraud saw their shares suspended on the NEX lobster pot. But I was a good diabetic and had a Greek salad, medication and water instead. But I am off sick leave this morning because dissecting such unmitigated horseshit brings joy to my heart and is good for the blood pressure and the soul. This is comedy central from lyin' Chris who is still to follow through on his promise to sue me for libel. I can't think why. The Potash statement is in bold, the lie detection service is not. Brace yourself, this is funny.

Mercantile Ports & Logistics - slam dunk sell (target 0p) as Nomad Cenkos (again) brings AIM into disrepute

Published 883 days ago

Nomad Cenkos was repeatedly warned by myself and others about the fraud at Quindell (QPP). It banked fees of more than £12 million and did nothing to stop the wrongdoing. In doing so it brought AIM into massive disrepute. Now there is evidence that it is turning a blind eye to horrific red flags at Mercantile Ports & Logistics, which at 8.5p is capitalised at £32 million. My target price is 0p but what the hell is Cenkos playing at? I break my break to deal with the errant Nomad - I have a score to settle here since some of the money it raised for the Quenron fraud was used to harass me with fascist lawyers letters..

Making Structured Finance Work!

Published 884 days ago

It’s a bloody death spiral - sell! That seems to be the standard response to an announcement that an AIM company has raised cash via a structured financing plan rather than a, often deeply discounted, placing. But that "truism" is a falsehood. Some structured financings are death spirals, bad news for all bar the provider. Others, however, are put together in a way that only work if the share price rises. And that, surely, has to be better than a deeply discounted placing to bucket shop flippers?

ASA Resource – updates on cash “unaccounted for”...

Published 885 days ago

Having yesterday reported that there is strong evidence of funds “amounting to several million US dollars” being transferred to entities in China without full value being received and that “analysis reveals that there is a pressing need for cash”, ASA Resource Group (ASA) states it now “provides further information on the group's cash position”

ASA Resource – from “completely mischievous” allegations to “strong evidence” of fraud in 2 weeks, calling Babylon Zoo…

Published 886 days ago

Early this month ASA Resource Group (ASA) announced its directors had “received certain anonymous allegations relating to… certain aspects of the financial management at Freda Rebecca” (gold mine in Zimbabwe in which it has an 85% interest). However, it sought to reassure that “the company's directors believe these allegations to be completely mischievous”. Now though “the board is extremely disappointed to report”… Uh oh…

Video: Tom Winnifrith lays out the Great Cloudtag Fraud at UK Investor Show 2017

Published 887 days ago

In this video from the storming success that was the 2017 UK Investor Show, Tom Winnifrith lays out the Great Cloudtag Fraud (CTAG). And make sure that you keep April 21 2018 free for next year's UK Investor Show.

BNN Technology: Where does all that money go?

Published 888 days ago

BNN Technology (BNN) has duly announced its prelims for the year to Dec 2016. First of all: hats off to broker Mirabaud for finding punters willing to throw a further £25 million at the company on top of £51 million stumped up last year.

Stuttard’s Septic Seven April update: Happy Easter Mr Stuttard, you are down 55%!

Published 888 days ago

Obviously the world’s most successful growth market is tightly regulated and supervised by Marcus Stuttard’s oxymorons of AIM Regulation, who seem incapable of applying their own rules. That is why we selected a beautifully diversified portfolio of stocks which we have Red Flagged here on ShareProphets but since Mr Stuttard’s well-oiled regulatory machinery is just so good there must be nothing wrong. Nothing at all…..which is why after 200 days the portfolio is down by 55%. Oops.

Notes from Underground - Jumping Jack Lenigas

Published 888 days ago

In the comments, some people have asked why David Lenigas was asked to present at the UK Investor Show when ShareProphets was just so beastly to him. There are two answers.

Video: Gotcha! Tom Winnifrith and Evil Knievil's 30 years of lawyer's letters and fighting fraud

Published 892 days ago

In this video from the storming success that was the 2017 UK Investor Show, Tom Winnifrith and Evil Knievil discuss 30 years of lawyer's letters and fighting fraud. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

Boxhill Technologies: Another dodgy-looking deal – when will Allenby resign?

Published 893 days ago

Following the profit warning and announcement of the forthcoming Timegrand deal back in February that I covered HERE, Boxhill Technologies (BOX) announced the completion of that deal late yesterday afternoon. Unsurprisingly, the deal raises more questions than it answers and I’m beginning to wonder when Allenby will say enough is enough. Let’s take a closer look at the RNS.

Quindell fraudster Rob Terry lying again as he plots stockmarket comeback

Published 895 days ago

The Serious Fraud Office investigations into the Quindell (QPP) fraud and the fraudster in chief Rob Terry continue but it seems that the old criminal and future jailbird has not changed his mendacious ways. He is now in a spot of bother with the consulting giant Accenture,

Notes from Underground: Same Apple, different Steve

Published 895 days ago

In the past seven days, 49,498 unique readers read 82,876 pages on ShareProphets. The circulation of the Investors Chronicle is c30,000. Shares is less than half of that. To our critics who think we do not count, we say think again.

URGENT: Calling all African Potash shareholders, do you want your money back? ...and Cloudtag is next

Published 900 days ago

At the end of the Cloudtag (CTAG) session at UK Investor Show a man called Peter Petyt was introduced. He has been working with Tom Winnifrith to see if a case can be brought by those who have lost money on the fraud African Potash (AFPO). And it is now looking more than okay.

Filthy Forty: Startling news from Asian Growth Properties as shares roof it

Published 901 days ago

Much has happened since I last looked at ShareProphets AIM-China Filthy Forty play Asian Growth Properties (AGP). For a start, shareholders have seen some storming dividends announced – and paid – and this morning the company has announced proposals which will see a huge cash payment dished out.

When all this blows up

Published 901 days ago

Last week the German newspaper Handelsblatt reported that leaked documents they’ve seen from the country’s finance ministry warn that a so-called hard Brexit would have ‘grave economic and systematic consequences for Europe.

New Bulletin Board Moron of the Week contest - sponsored (for the last time?) by Cloudtag

Published 902 days ago

Tension is mounting for those of us who follow the AIM fraud of the year that is Cloudtag (CTAG). Will any Nomad be so desperate for money that it agrees to act for this company and sign off on its lies? We will find out very soon indeed. So, perhaps for the last time, this contest is in honour of the Onitor groupies. As ever the rules are simple: Just nominate the Bulletin Board post, tweet or video starring the Sith Lord Zak "Judas" Mir that displays complete insanity by posting it in the comments section below. The deadline for entries is midnight on Sunday 2nd April. Post away...

Notes from Underground: Money ties

Published 902 days ago

The column was delayed today as your humble correspondent recovers from yesterday's UK Investor Show, easily the biggest and best of the 15 years that Tom has been organising these things. This would be my tenth.

The March edition of the UK Investor Magazine is live - with why we fight fraud

Published 904 days ago

The March edition of the UK Investor Show Magazine is live featuring 7 share tips, company profiles, interview with Richard Poulden of PCGE, why we fight fraud & fake news on Channel 4, Donald Trump, Marine Le Pen, a look at the banksters and much more.

ShareProphets AIM-China Filthy Forty Update – unspeakable in pursuit of inedible edition

Published 906 days ago

With the demise of the twenty-fifth Filthy Forty listing, Asian Citrus (ACHL), as of this morning there are just 15 of our motley crew remaining listed on the Casino – and one of those, MoneySwap (SWAP), has now been suspended for more than six months, but it seems the Oxymorons have decided not to apply AIM Rule 41.

Filthy Forty Asian Citrus – Hooray: next AIM Execution at close today. Who drank all the Ouzo?

Published 907 days ago

We have already seen three AIM departures this week – and it is only Tuesday. RapidCloud (RCI) and CloudTag (CTAG) were booted off after their Nomads departed and a replacement wasn’t found within a month, and North River Resources (NRRP) delisted because it couldn’t raise cash. Today it looks set to be the turn of ShareProphets AIM-China Filthy Forty Asian Citrus (ACHL) as, amid allegations which look to amount to ones of fraud, the company has admitted that it can’t get overdue accounts out - and so the Filthy Forty will be down to a mere 15.

Tom Winnifrith Bonus Bearcast - My heart goes out to many Cloudtag shareholders as they lose everything

Published 907 days ago

So the fraud Cloudtag (CTAG) is today booted off the AIM casino. I did warn you but this podcast is for those who have lost out as a result of owning these shares. I do feel genuinely sorry for most of you. I explain why and where your anger should be directed.You may not want to hear this but I go through a few lessons you may want to learn from the disaster, for if we do not learn from when we lose we will keep on losing.

FRAUD Cloudtag...some morons are on the pitch, they think it's all over....IT IS NOW

Published 908 days ago

Cloudtag (CTAG) has fessed up to dismal results and to the fact that it cannot get a Nomad to act for it and sign off on its lies and thus its shares will be booted off the AIM casino tonight. It talks of a relisting in the future but then it was telling us just the other day that it would get a new Nomad. But having had since January 10 it has failed. No one will act for this fraud. It is game over.

AIM still shrinking as another two bite the dust and more to come this week

Published 908 days ago

As at the end of February the number of companies listed on AIM had fallen to 973 – down from 982 at the end of 2016. Having seen 7 new admissions in the first two months of this year, that means that 16 companies disappeared off into the ether during the same period and the world’s most successful growth market has shrunk back to levels not seen since 2004 in terms of the number of companies listed. This morning saw the demise of Rapidcloud (RCI) and North RiverResources (NRRP).

Tom Winnifrith Bearcast - sitting in Shipston it is Cloudtag day! Where is the ouzo Dad?

Published 908 days ago

It seems as if  my father has drunk all the ouzo. Who can blame him? But how will I celebrate if the fraud Cloudtag (CTAG) is booted off AIM today? Join in the fun with our Cloudtag termination clock HERE. Elsewhere I look at Bowleven (BLVN), gosh I loathe its management team, Advanced Oncotherapy (AVO), also run by tossers, and Strategic Equity Capital (SEC).

Bulletin Board Moron of Week winner - gosh I shall miss Cloudtag

Published 908 days ago

The fraud Cloudtag (CTAG) is almost certain to be booted off the AIM casino tonight. I will also miss it such have been the deranged comments that it has prompted. Last week's contest was sposnored by the LSE Asylum and generated stacks of quality entries as you can see HERE. But the winner, spotted by Warun Boofit was in a class of its own as you can see below

Bulletin Board Moron of the Week Sponsored by London South East

Published 909 days ago

Well this is a company that will sponsor any old crap and let's face it, 95% of Bulletin Board Morons post on the LSE Asylum. As the countdown to the fraud Cloudtag (CTAG) being booted off AIM next week accelerates you kind of sense which stock will be the focus of most entries. The competition rules are simple. Just nominate the daftest post on a BB or on twitter in the comments section below. Once again, our in-house semi-trained loon Wildes is allowed to nominate his own posts. The deadline for entries is midnight on Sunday 26th March. Post away!

Notes from Underground: Bon Vivant

Published 909 days ago

The picture below is of my ticket to yesterday's Master Investor show, the show that specialises in crank theories like living forever and making everything from 3D printers just like in Star Trek.

Tom Winnifrith: The Top short sellers, bears and fraudbusters all together on April 1 - don't miss out

Published 910 days ago

You might hate bear raiders. You might think that short selling is unethical. But what you cannot argue with is that ignoring men such as Evil Knievil when they sniff out a fraud or accounting malpractice will cost you a packet. At last year's UK Investor Show the Country's top bears did a detailed presention on AIM darling Avanti Communications, one of the AIM companies most beloved by professional fund managers. Since that warning Avanti shares have collapsed by more than 90%. This year the bears have new targets.

Management Resource Solutions holds gun to head of poor shareholders

Published 911 days ago

When running Broken Hill Resources (BHR) into the ground Murray D'Almeida threatened shareholders to vote for a crap deal at a GM or face wipe-out. Despite the infamous hairdresser sham placing, shareholders voted against Murray and his colleagues on the "screw you - we hate you so much" principle. Now with D'Almeida pulling strings at Management Resource Solutions (MRS) as a consultant - to avoid GM eviction shame see HERE - the same threat is being used.

Yet another Cloudtag Countdown clock - how long till the Fady Lady sings?

Published 911 days ago

If no Nomad is prepared to act for the FRAUD Cloudtag (CTAG) then its shares, now suspended, will be booted off the AIM Casino. No AIM = no death spiral funding so it will - very soon - run out of, other people's cash, and will go bust. But the first step is being booted off AIM. And, inspired by liar Amit Ben Haim, we have a useful countdown clock until that ouzo moment. Enjoy.

Twitter Investment Genius Caption Contest

Published 912 days ago

The fellow or lady from the Costa del Crime is yet to tweet but he (or she) has a cracking portfolio, as you can see on his/her profile, headed up by the fraud Cloudatag (CTAG). In light of that I wonder if you would care to suggest a first tweet as our caption contest with a twist. Submit your entries in the comments section below. The deadline is midnight tonight, 23rd March

The video that will nail Amit Ben Haim as a 100% liar when the fraud Cloudtag goes Bust

Published 912 days ago

Well fraud fans, the first day of reckoning for the shabby fraud that is Cloudtag (CTAG) looms. If it has no Nomad in place by Monday night next week then its shares will be booted off AIM. Unable then to raise even death spiral funding and with no sales it will go bust pretty quickly. If it was not already close to going tits up it would not have attempted that last gasp discount placing with broker Novum. So, as no Nomad will sign up to act for an obvious fraud the Fat Lady is waiting in the wings. When this does go bust the video below, recorded with morally bankrupt rampers for hire Proactive, should be examined very closely by the Serious Fraud Office as it is damning..

Jackpot Joy a compelling short part 2 - Management History

Published 913 days ago

On Monday I started a series in which I gave clear reasons why JackpotJoy (JPJ) was an obvious short. Now let us mover on and have a look at the management and their history in commerce. I am sure that there is nothing to read into  it but Andrew McIver sat on the Board of Daniel Stewart and seems to be pals with our dear friend the king of the fraudsters, Mr Rob Terry

Eden Research: when will the auditors get some backbone and challenge the carrying value of the intangible assets and the accounting for TerpeneTech?

Published 914 days ago

The principal “assets” of Eden (EDEN) are its intangible assets of £5,290,000 and its investment in joke company TerpeneTech of £923,000 which together represent almost 60% of net assets at 30 September 2016.

Charlatan & Snake Oil Salesman Darren Winters slammed by Judge, another thrashing due April 3

Published 914 days ago

Oh dear, the charlatan Darren Winters who has made millions over the past fifteen years conning poor folks into paying vast sums to attend his worthless courses is having a bad start to 2017. First there was a total slating by the ASA for telling lies to win custom, now we can publish the Judges's verdict in a case we backed where Winters tried to exact money with menaces. The Judge was damning.

Bulletin Board Moron of Week & Year is Long & Strong the fraud Cloudtag

Published 915 days ago

Poster wiids on the LSE Asylum should not be confused with our own in-house loon Wildes. Frankly Wiids makes our in house pet loon look like Warren Buffett. The LSE Loon is a strong contender for BB Moron of the Year with this classic from last week but it is a bit like Ed Sheeran and the top 10 (heck kids I know what is hip & trending!), Wiids is dominating the Bulletin Board Morons chart. You can see a number of postings by this loon in last week's contest but the winner, nominated by a number of you, is:

China FRAUD Aquatic Foods Q4 update: drowning in a sea of Red Flags

Published 915 days ago

ShareProphets AIM-China Filthy Forty purveyor of all things fishy, Aquatic Foods (AFG), has updated on 2016 Q4 trading this morning. In a statement plastered with Red Flags it would appear that the company is nearing the final chapter of the China Norfolk playbook as we are warned that there has been a spot of bother getting cash out of China. Is it bye-bye to the dividend? 

Bulletin Board Moron of the Week Contest Sponsored by the FRAUD Cloudtag (again)

Published 916 days ago

It has only just dawned on me that in exactly two weeks time, at 4.30 PM I shall be cracking open the ouzo to celebrate the fact that no Nomad on AIM is so desperate for cash and morally bankrupt that it will act for the fraud Cloudtag (CTAG). And there will thus be an RNS issued to say that it will be slung off the Casino. As that day looms, how will the Bulletin Board Morons spin that as good news? Happy hunting on Cloudtag threads - and others - as we ask you to nominate the most moronic BB posts or tweets in the comments section below. The deadline is midnight Sunday 19th March and, yes, Wildes our pet in-house loon - can nominate his own posts if he wishes.

Stuttard’s Septic Seven – March update (or is that down-date?)

Published 916 days ago

Marcus Stuttard, as head of AIM, completely trusts and supports the regulatory framework of the world’s most successful growth market. As such, and ever keen to help, ShareProphets put together a beautifully diversified portfolio of AIM-listed stocks for him, so that he could demonstrate his faith in the system he oversees by investing in stocks which we have Red Flagged. How better than to put his money where his mouth is to show us that there is nothing wrong. Last time I revisited the portfolio it was down by some 23%. If that had Mr Stuttard feeling a bit queasy, he had better look away now….

Notes from Underground: The Teddy Bears picnic

Published 916 days ago

ShareProphets readership increases every week - we can tell because we're a registration site and if you unsubscribe, you are kicked off the site. We don't have a dead subscription list like other, lesser, sites.

Final Thoughts on the Disgraceful IGAS Debacle. Lest We Forget

Published 917 days ago

As the sordid story of IGas (IGAS) reaches its conclusion with massive destruction of value for its shareholders, let us not forget a deceitful and misleading chain of events, approved by Sarah Hale then at NOMAD Jeffries and completely unpunished by the AIM regulators.

Doubley Disgraced Murray D'Almeida departs the AIM Casino but keeps leaching funds, his lawyers still under SRA investigation: ouzo time

Published 918 days ago

Having helped steer Beacon Hill Resources (BHR) onto the rocks and signing off on the infamous hairdresser share trade I am delighted to see that loathsome Murray D'Almeida was now come a cropper a second time on AIM, leaving the board of Management Resources Solutions (MRS) with immediate effect today. He jumped before he was pushed. But hang on, all is not what it seems.

A Cloudtag owning moron writes to Tom Winnifrith

Published 918 days ago

Having been cc'd in on a list of shareholders in the AIM listed ( pro tem) fraud Cloudtag (CTAG) leaked in breach of Data Protection laws by the company itself, I could not resist sending them an email pointing them to some high quality covrerage of the stock. I received a few replies. Here is the best of the bunch. I wonder if this clown, a Mr John Simpson,  thinks this will help him get his cash back and if his wife and employer knows that he spends his days sending such emails. I have to feel sorry for the chap who obviously deeply troubled.

Cloudtag IR stunning own goal - anyone want an email list of morons - I now have it

Published 919 days ago

This morning AIM , for now listed, fraud Cloudtag (CTAG) had an announcement which was comical and is torn to shreds by me HERE. But it gets better, it sent an alert to all those folks who had registered with it to receive alerts. Then panic stations....

Cloudtag - 11 days from AIM death the zombie has news..well not really

Published 919 days ago

In 11 days time if no Nomad is prepared to act for the fraud Cloudtag (CTAG), that is to say to sign off on the lies it likes to tell investors, its shares - now suspended - will be booted off AIM. Unable to raise cash it will go bust. Just to placate the fools who ignored countless warnings and are trapped in this stock and to amuse the rest of us it has today made an announcement. It is horeshite natch and I offer a translation service in bold.

Filthy Forty Asian Citrus: Bullsh** RNS, it’s AIM execution ahoy - TW senior’s ouzo lined up for another hit

Published 920 days ago

ShareProphets AIM-China Filthy Forty play Asian Citrus (ACHL) has offered yet another update on its delayed (due to allegations which looks like accusations of fraud) FY16 results. Having tried ever so hard to obtain relevant information and to facilitate additional audit procedures (ie visits to the banks in person) the company has announced that it has initiated legal proceedings to remove relevant senior management members of the relevant subsidiaries. With the shares having been suspended since 28 September execution after six months as long-termers on AIM’s Death Row is scheduled for 29 March. The company cheerfully tells us that the implementation of such changes may take time – ShareProphets RNS Translation Service: it’s delisting ahoy.

How close to insolvency is the LSE Asylum?

Published 920 days ago

Hat tip to reader Bearfacts for pointing this out but one must ask if the London South East Bulletin Board, aka the LSE Asylum, is close to going bust? Fingers crossed.

Cloudtag Moron - lets beat Tom Winnifrith up: LSE provides platform for inciting violence

Published 920 days ago

Repeatedly, during the past six months, the London & South East Bulletin Board ( aka the LSE Asylum) has removed posts within minutes which offered any criticism at all of Cloudtag (CTAG). Right up to the point that shares in the fraud were suspended on AIM no dissent was allowed. But it appears that the LSE does believe in free speech when it comes to inciting violence against me. My crime, natch, calling out the fraud and so yesterday the post below appeared.

Tom Winnifrith Bearcast: On dangerous ground telling a joke about crap Scottish Football

Published 922 days ago

As the Rangers (RFC) comedy show is back into town again. I could not resist it. Elewhere I discuss Challenger (CHAL), Concha (CHA), a golden stockmarket rule or two, Strategic Minerals (SML) and how its honesty on matters LOC compares to that of the liars running the fraud African Potash (AFPO), Quadrise Fuels (QFI) and then in some detail, Telit Communications (TCM)

Red Flags Still Fluttering at Mayair Group

Published 923 days ago

Back in August I suggested that Mayair Group (MAYA), which purports to provide clean air solutions in China might not be so different from other AIM listed China plays.

Notes from Underground: Show of Shows

Published 923 days ago

It's with a sharp sense of horror that I realise that it's only three weeks until the the UK's most interesting investing event, the UK Investor Show. Not that the show will be a horror - it'll be terrific - but I'm suddenly jolted into all the last minute things that need to be done on my part and, well, general horror.

Tom Winnifrith is going to flee to Greece and close ShareProphets rather than fight Aidan Earley said the moron: think again - here is our Court filing

Published 925 days ago

How do you keep an idiot in suspense? Over to Copperwindow, a moron on the ADVFN Worthington (WRN) thread who posts about 30 times a day how he is going to be rich and how Aidan Earley is going to crush me in Court. Yesterday, among his posts he stated: 

AIM enjoys its least bad month for years

Published 926 days ago

In February 2017, AIM lost six companies and gained six companies including 1 readmission leaving membership static at 973 companies. To see a month go by without a net loss of companies on "The world's most successful growth market" will be seen as a triumph and the champagne corks will be popping in Paternoster Square.

Eden Research – what’s with this Oxford Capital announcement? It’s dissolved – who got the warrants?

Published 926 days ago

Eden Research (EDEN) yesterday released an odd RNS. Not so unusual was a statement of total voting rights. But it also contained a statement of outstanding warrants and options. Was the company trying to bury something whilst the city was watching yesterday’s Budget statement? At the centre of this lies Oxford Capital Limited, which was dissolved and struck off on 31 January of this year.

Tom Winnifrith Bearcast: I am now officially at war with Advanced Oncotherapy and have bought 1 share in the POS

Published 927 days ago

Yesterday I asked Advanced Oncotherapy (AVO) to answer 16 questions. I regret to say that as at 12 noon today now undertaking had been given to answer the questions and that therefore I am now at war. As such as I celebrated International Women's day by having a good looking 28 year old blonde run her fingers through my hair I decided to buy one share in this POS company. Bring on the EGM and AGM says The Sheriff of AIM and I hope that other folks out there will also buy one share so that we can get the mothers on this board to answer some very valid questions. In this podcast i also look at how if I was running the fraud at Eden (EDEN) I would buy some time before all is revealed. I also comment on Solo Oil (SOLO) and on the budget and our irresponsible chancellor Hammond who is the real villain of sterling weakness, not Brexit.    

F*ck Me! I agree with Roger Lawson of ShareSoc

Published 927 days ago

A busted clock and all that,Roger Lawson has posted something on the ShareSoc blog for his three readers which is actually bang on the money. Although it is written in his normal pompous and tedious style for once he is bang on the money. His comments refer to secret cautions by the FCA - a system which just does not work.

When you know a company is finished - sentiment on a Bulletin Board: ref Advanced Oncotherapy

Published 927 days ago

Shares in Advanced Oncotherapy (AVO) are sliding again today. Last time I looked they were 32p bid and they are heading rapidly towards the 25p mark at which point Bracknor will not be able to forward sell/convert loan notes as explained HERE without GM sanction. Thus the loan shark death spiral provider - which is pro tem exposed to the tune of well over £1 million will be flogging shares as fast as it can. Meanwhile Advanced just won't answer my 16 questions HERE. But there is something else going on which you can see if you check out the Bulletin Boards and it is quite remarkable and shows this company is toast.

Eden Research – The art of value creation. How a licence worth only £20,000 in June 2013 became worth £600,000 in August 2015.

Published 928 days ago

On 24 August 2015, Eden Research (EDEN) announced its now infamous deal (aka massive panama pump fraud) with TerpeneTech. That fraud is now unravelling big time as explained here. But let us revert to the RNS of 2015 which stated : 

AIM Fraud Odd one Out Contest results

Published 929 days ago

Last week I asked you explain which of the four companies whose logos I showed ( Globo, Cloudtag, Naibu & Polly Peck) was the odd one out. A few of you were game enough to have a stab as you can see HERE.

Quindell - when will the Serious Fraud Office think about arresting fraudster Rob Terry? Bad News

Published 929 days ago

There are some folks who think that the failure of the Serious Fraud Office (SFO) to arrest king fraudster Rob Terry of Quindell means that Mr 2+2 can = 5 is off the hook. Think again. A source has been in touch.

Praise the Lord! Very Bad News for Aidan Earley - 2 emails

Published 929 days ago

Aidan Earley, the long term close business partner of Craig Whyte, is suing me for £50,000 for libel because I have, he claims, damaged his good reputation as a businessman and financier. As our research team looks at the 52 UK companies where he has been involved since starting his career in 1988... well that can wait. But before Mr Earley continues with this farce I should like him to consider two emails I have received from Mr Tony Keeling... oh dear, oh dear Aidan.

Waseem Shakoor is not quite Last Week's Bulletin Board Moron of the week

Published 929 days ago

Good try Waseem. The great Bear raider and professional Northern git nominated himself as the Bulletin Board Moron of the week for expressing sympathy with Cloudtag Morons who had lost money on the fraud. In normal circumstances I would give Waseem the prize. But his was one of 50 entries last week. As you can see HERE many of them were splendid as the Cloudtag (CTAG) loons went into meltdown. The winner arrives late in the day and displays such a string determination to ignore all the known facts, that I almost admire this moron.

Eden: the Terpenetech fraud starts to unravel, has the first body been quietly buried?

Published 930 days ago

AIM listed Eden Research (EDEN) has been engaging on fraudulent deals with related party company Terpenetech for six years now. The first deal was a sale which Eden booked but Terpenetech never paid for. Who cares, Eden kept that debt as a current asset for 5 years. Sure the auditors should have kicked up a fuss, the Nomad should have objected but this is AIM who cares about fraud! Of course the far bigger £600,000 fraud waited until August 2015. It was a panama pump classic as you can see here - but this is AIM and Nomad & broker ShoreCap wanted to earn big commission do a placing so everyone again turned a blind eye. But now the cover up is falling apart.

Notes from Underground: It's called crowdfunding when we do it

Published 930 days ago

Some of the bulletin board morons have mocked ShareProphets for asking for donations to the Fighting Fund, accusing Tom of having the begging bowl out. The truth is: it works and the alternative is terrifying.

Is Filthy Forty MoneySwap another AIM-China FRAUD set to depart the Casino?

Published 931 days ago

ShareProphets AIM-China Filthy Forty play MoneySwap (SWAP) has been taking up a cell in the Casino’s Death Row since its shares were suspended pending accounts on 21 September 2016. Under AIM Rule 41 it has just days to release numbers or become the 25th departure from the Filthy Forty. Whatever happened to the links to Unionpay? The e-wallet? The software? And is Interim CEO Craig Niven again about to preside over the collapse and disappearance into the ether of a Lin brothers fiasco? 

Filthy Forty Asian Citrus – now interims delayed as Casino eviction draws ever closer

Published 931 days ago

ShareProphets AIM-China Filthy Forty poster-boy Asian Citrus (ACHL) updated the market yesterday that in the light of ongoing allegations of fraud which have thus far prevented release of audited accounts for the year to June 2016, it has now concluded that it won’t get its interims to December out on time either. The shares have been suspended since September 28 last year and now with two sets of numbers outstanding and a deadline under AIM Rules of the 28th of this month to meet or face expulsion from the Casino the fat lady is already humming  a merry tune as she gets the lethal injection ready.

Optibiotix - product launch and dumbf**k email

Published 933 days ago

An early contender for the most idiotic email of the day has just arrived. It compared an RNS out this morning from Optibiotix (OPTI) about launching new products and pushing existing ones to the sort of RNS that the recently suspended fraud Cloudtag (CTAG) used to issue. It is hard to know what to say in the face of such stupidity. There is a clear difference.

ShareProphets China AIM 'Filthy Forty' update – good riddance Jiasen edition

Published 934 days ago

Since our 24th September previous update, another ShareProphets China AIM 'Filthy Forty' company has followed Geong International and co in 'Geong, Geong' and then Gone - and another has been suspended...

A Second Letter to the Insolvency Service - explicit evidence that Aidan Earley ( banned as a director) was a shadow director at Worthington

Published 934 days ago

Yesterday I asked the Insolvency service to open a formal enquiry into whether Mr Aidan Earley was acting as a shadow director of Worthington (WRN) at a time (when he was barred as acting as a director. If Aidan is guilty he faces up to two years in jail and could be on the hook for Worthington's liabilities (including its vast pension fund deficit) when it went bust. Time to put the Surrey mansion on the market? For I now have a killer email which I have forwarded on to the insolvency service as you can see below.

Slater & Gordon joins the Minus 99% club - the curse of fraudster Rob Terry: the end is nigh

Published 934 days ago

When Aussie Poltroons Slater & Gordon spunked £649 million to buy the worthless fraudulent assets of Quindell (QPP) circa two years ago its shares were A$8. They have crashed another 30% today to just 7 cents putting S&G in the 99% club. The signs are growing that the end is not just 90 days away (when it must conclude a debt for equity deal with its banks) but perhaps rather sooner.

Aidan Earley sues Tom Winnifrith for £50,000 for libel - he's avin a bubble

Published 935 days ago

Aidan Earley will serve me later today with a libel suit. Very decently - and I mean that - he emailed me an advance copy last night. He has put it up on his website and I link to it below. I draw your attention to page 3 (oooh er missus).

Acting as a shadow director when disqualified carries a maximum sentence of 2 years - Aidan Earley investigation requested

Published 935 days ago

If you are barred from acting as a director but defy that bar by acting as a shadow director ( doing the job without the title) you can face up to two years in jail and be personally liable for the liabilities of the victim company if it goes bust. Aidan Earley was barred as acting as a director for five years on 23 July 2013 over the disgraceful events at Wood Hall Realisations which you can read about HERE. Worthington (WRN) has gone bust and I have today formally requested that the Government's insolvency service which investigates such matters launch a formal enquiry into whether Mr Earley breached his order.

Cloudtag - They think it's all over, It is now! Morons Nil ( again) Sheriff 5 ( again)

Published 935 days ago

Some bear raiders are on the pitch...they think it is all over: it is now! Nope not West Ham winning the World Cup but the stockmarket career of AIM fraud Cloudtag (CTAG). Nomad Cairn has brought forward its resignation from April 10 to last night, the £975,000 placing announced last week has been pulled and it is ouzo time for me while on the council estates the LSE Asylum rampers gnash their teeth. Come on guys, say it slowly "Yet again Tom Winnifrith was right and we are morons, we apologise for all the abuse we gave him, the Sheriff of AIM rocks!"

Odd one out Contest in honour of great companies brought low by the global shorting conspiracy

Published 935 days ago

This is so simple. 4 companies but which is the odd one out and why? Answers in the comments section below by midnight on 28 February (today). The answer is not Globo on the basis that it was the only fraud owned and promoted by Roger Ramper Lawson but do your best anyway...

Filthy Forty victim #24 Jiasen – ouzo time as voluntary euthanasia sees shares delisted

Published 935 days ago

And so ShareProphets AIM-China Filthy Forty play Jiasen’s (JSI) AIM listing is no more. It has become the 24th delisting from our original forty, after its shareholders voted (having been told it would make a fat-track application to NEX) to leave the Casino on the recommendation of the board. The NEX application didn’t happen, with the company claiming that it was now considering listing in Hong Kong. I’ll believe that when I see it.

Filthy Forty Asian Citrus – (lack of) progress on fraud allegations as Aim execution looms in four weeks

Published 935 days ago

ShareProphets AIM-China Filthy Forty carcass number 24 was taken away from Paternoster (death) Row last night in the form of Jiasen International (JSI). But yesterday the race to become number 25 hotted up as Asian Citrus Holdings (ACHL) gave an update on the lack of progress made in resolving allegations of fraud which its auditor wants to look in to before signing off overdue accounts. With four weeks to go before a one-way trip to the lethal injection room is triggered by reaching the maximum six month suspension period, progress in resolving matters seems to have been non-existent.

Tom Winnifrith: Do I want to get beaten up by a 36 year old fitness freak to raise money for Cloudtag owning morons on the LSE Asylum?

Published 935 days ago

Ah diddums all those morons on the LSE Asylum who have spent months insulting and abusing me over Cloudtag (CTAG) are all of a sudden feeling a bit poor now that shares in their darling little fraud have crashed and been suspended. What is needed is a charity event to bail them out. And how about it involves me getting beaten up?

A new winner in the Bulletin Board Moron of the week contest, arise Sir Ian

Published 936 days ago

The Cloudtag (CTAG) debacle has provided plenty of ammo for the BB Morons as the fraud has unravveled. As you can see HERE there were plenty of quality entries in last week's contest. But the winner, a first time winner, is Ian M Smith who spotted this gem from someone who reckons that the charlatans who run the LSE Asylum are now in on the global shorting conspiracy. Well done Ian who posts: 

African Potash - the fraud raises another £26,550 but who was mad enough to pay 0.045p?

Published 936 days ago

This smells all wrong. Shares in African Potash trade (AFPO) trade at 0.02-0.04p on the NEX lobster pot after being booted off AIM. Since January 9 there have been just 23 trades of which only 2 have been at more than 0.045p. In February there have been seven trades and the most recent to sell have been at just 0.021p. Yet today the company has raised money at 0.045p. Who is that mad?:

Tom Winnifrith Bearcast - who and when should you sue over the Cloudtag fraud? Also Andalas deathwatch ahoy!

Published 936 days ago

I start and end with Cloudtag (CTAG) - so far today no news which I take to mean it is bad news and explain why. At the end I discus who disgruntled and out of pocket punters should sue over this fraud and when. In the middle of the Cloudtag fraud sandwich I look at Andalas Energy (ADL) which really is fucked whatever it says. I reckon Justin the Clown will have to sell the cardboard box and sleep in the open air before long. I also look at Starcom (STAR), Servision (SEV) - which is a major scandal in the making - Union Jack Oil (UJO) and Milestone Group (MSG) which remains non investment grade crap as CEO Deborah White should be wearing an orange jump suit and doing a perp walk.

For the Euro, Le Pen is Mightier than the sword.

Published 936 days ago

We are now living through the mother of all financial bubbles and we’ve been living with it for so for so long now that it feels the norm, but it is not.  A bubble exists when asset prices rise beyond what incomes can sustain. UK property prices in 2007 and tech stocks in the late 1990s are fine examples of this. History is littered with such examples. Western governments and the banking cartel of the Central Banks of the major economies in cahoots with a very compliant mainstream media, are doing everything in their vast and considerable power toconvince us that we are living in a golden era of risk-free prosperity and that tomorrow will be even better. 

The Curse of Rob Terry - Slater & Gordon more disastrous results, 90 days to wipeout!

Published 936 days ago

Oh dear. Oh dear. Interim numbers from Aussie law poltroons Slater & Gordon (SGH) are out today and are dismal. The company now has just 90 days to cut a deal with its bankers or it is lights out and any deal will see shareholders wiped out. The shares - A$8 when it spunked £649 million to buy Quindell's (QPP) fraudulent assets - are now just 12 cents. Where's the ouzo?

Bulletin Board Moron of the week in honour of Tavistock PR

Published 937 days ago

I noted earlier that while most financial PR firms are so morally bankrupt they would spin for uber nonce Rolf Harris if the retainer was high enough, Tavistock PR appears to have some honour quitting as adviser to the FRAUD Cloudtag (CTAG). There are only so many lies you can put your name to I guess. But some folks want to hear lies and to reprint them, the BBMs. Please nominate the most moronic bulletin board post or tweet in the comments section below. The deadline for entries is midnight on Sunday February 26.

Reporting ADVFN moron tomwinnifrith to the FCA for market abuse

Published 937 days ago

I detailed earlier how some moron had registered on ADVFN as tomwinnifrith and then posted a lot of piffle making it clear that it was meant to be me. Among the more ridiculous assertions was the statement that: " I will remain selfishly against CTAG, even when it bounces back to previous highs. But not as active as before. We need it to get back to £40m-£60m market cap, at which point we will do it all again." were the biggest Cloudtag bear (target price 0p) be saying he "needed" the shares to get back to a 9-13.5p level and that he expected that because "at that point" would be dramatic. But of course...

Cloudtag ramper Liam Nichols - wrong, unapologetic and still spreading lies

Published 937 days ago

I do now have the address of Cloudtag ramping supremo Liam Nichols. It is not as he has asserted today being spread by this website along with his facebook page but I have been passed the information. Mr Nichols has posted again today on this matter on his silly blog. Quite simply he lies and fails to accept what he has done, the misery he has caused. Liam 's blog post of today follows. In bold are my comments.

Bulletin Board Moron of the Day - tomwinnifrith - NOT!

Published 937 days ago

The ADVFN bulletin boards are so poorly regulated that you can register with any name without any proof that it is yours. And so once again as at 26 February some moron has registered as tomwinnifrith to post as me about Cloudtag (CTAG), natch. I note once again that I am paid to write here, why would I write for free on a chatroom. And moreover why would I write the sort of obvious crap you see below. 

UPDATED: Reader Poll: which Nomad is so morally bankrupt/financially desperate it will act for the Cloudtag fraud? - its Not Allenby

Published 937 days ago

Cloudtag (CTAG) the fraudulent AIM Company which has repeatedly raised money by telling lies to investors says that with Cairn Financial no longer prepared to sign off on its lies it is in advanced discussions about finding a replacement to avoid its shares being suspended on April 10. Really? Who do you think is so morally or financially bankrupt that they will sign off on lies for a fraudster. I am now starting a poll, if any of the Nomads's below want to deny that they are morally bankrupt and will not take on this work I will update the article. Vote now, deadline midnight Sunday 26 February. Update 1. It is not Allenby.

Aidan Earley says he will serve Tom Winnifrith with legal action on Tuesday - bring it on say I

Published 937 days ago

Aidan Earley, a man who has served time, and is barred from being a company director after the awful events at Wood Hall, has explicitly stated that he wishes to stop me writing and to close ShareProphets down for good in both cases. On Friday as 99% of folks celebrated the way that I and this website had saved folks cash and exposed fraud on both RapidCloud & Cloudtag, both of which saw their shares suspended, Aidan announced his next step.

Notes from Underground: The Fighting' ShareProphets

Published 937 days ago

In the past seven days, 61,990 unique readers read 87,097 pages on ShareProphets. The circulation of the Investors Chronicle is c30,000. Shares is less than half of that. To our critics who think we do not count, we say think again.

Tom Winnifrith Bearcast: 2 massive rule changes AIM MUST make in the wake of the Cloudtag scandal & the issue of blame

Published 938 days ago

I know some folks want to blame others if they have lost money on the Cloudtag (CTAG) fraud. Well it is fair to hold some to account and make adverse comments and some folks should be doing a perp walk. But ultimately we are all accountable for our own trades whether winners or losers. Moving on this debacle has raised issues which call for two MASSIVE changes to the AIM Rule book: the announcement of Nomad departures and the disclosure or banning of placings based on T+ trades. PS Does anyone have an address for Cloudtag ramper David Greece. Please post in the comments section below in case I get bored and find myself in his locality.

Cloudtag - why the shares are suspended: a ghastly silence from Novum, here is the sordid detail

Published 938 days ago

Why were Cloudtag (CTAG) shares suspended yesterday? I answered that in part HERE but can now add more detail. Welcome to the ghastly and murkeyand sordid world of T+10 placings.

Servision – more on that grant of security over c. 10m shares

Published 938 days ago

Yesterday we asked a series of question relating to AIM-listed Servision and its dealings with an obscure American entity called Cascade which has nothing to do with Bill Gates, when it emerged that it seems that the personal guarantee offered to Cascade by Servision Chairman and CEO (corporate governance Red Flag) Mr Gidon Tahan looks to be taking the form of a grant of security over about 10 million of his shares. Did the grant of security involve Cascade being able to dump said shares on the market? But two other details catch my eye.

Red Flags at Night – NED-share-pledge-for-loan at Lobster-pot China play MiLoc and the read-across to F40 Jiasen

Published 938 days ago

5.34pm on a Friday – truly no-one-is-watching o’clock – and up pops an RNS from NEX- (the lobster-pot formerly known as ISDX) listed MiLoc Group Limited (ML.P) detailing the dealings of a NED in the company’s shares: he pledged a bunch of shares in return for a loan back in September and has now released the stock to the lender. Sound familiar? Are we thinking Equities First? So where is the RNS from September? And then there are the other companies on that NED’s CV – which include AIM-China Filthy Forty plays Jiasen (JSI), delisting on Tuesday, and already delisted (no accounts) LED Holdings (LED) as well as PAQ International (PAQ) which quietly disappeared from the Casino back in 2010.

Cloudtag suspended pending an announcement: odds on it is the placing in trouble

Published 939 days ago

At 4.18 PM trading in the shares of AIM listed fraud Cloudtag (CTAG) were suspended ahead of an announcement. I do not know what the news will be but if it was good it would have been rushed out. I assume it is yet more bad news. As I pointed out earlier HERE, Novum Securities has every reason to walk away from the £975,000 placing at 3.75p announced this morning.

Tom Winnifrith Bearcast: More ouzo, vindicated on RapidCloud's descent to zero as well

Published 939 days ago

In the main bearcast today I touch on the Cloudtag (CTAG) fraud but that is really covered in its own bearcast HERE. I do look at RapidCloud which was suspended today and will lose its AIM listing in a month. Who warned you that this would face a "terminal conclusion" 149 days ago? Was it PR wankers Walbrook or Nomad WH Ireland or savants on the LSE Asylum? Er no, it was me HERE.  I then look at Challenger (CHAL) a zero in waiting, Iofina (IOF) and IGAS (IGAS) both of which should also be zeros. I commend today's excellent piece from Nigel, the Deputy Sheriff of AIM,  on the Servision (SEV) scandal HERE. I take Nomad Allenby to task for failing to comment on this and for allowing Servision to mislead mug punters. AGAIN. Finally I take apart overvalued ramp Wey Education (WEY). Its shares are up 33% today. That is a ramp not a reflection of value.

Tweet from a Moron who objects to us fraudbusting Cloudtag - no comment needed

Published 939 days ago

I think I need make no comment on this tweet from a fellow who does not like me unravelling the Cloudtag (CTAG) fraud. It shows just how thick some mug punters are. Do you think this chap has a wife & kids or an employer? What would they say about this? Would they be proud of him? 

Has anyone got an address for Cloudtag ramper in chief Liam Nicholas - I'd like to doorstep him this weekend

Published 939 days ago

One of the main, if not the main, ramper of shares in the worthless fraud Cloudtag (CTAG) is a Bristol based fellow called Liam Nicholas, the author of this ramptastic blog. Liam works for a company in the white van hire rental business and his ludicrously partisan commentary is one reason so many folks are nursing huge losses on this AIM fraud. I have spoken to the Mrs and she has agreed to hold the camera if I visit Liam this weekend as we too live in Bristol.

Breaking: Cloudtag Nomad Cairn quit weeks ago: source - get out of jail card for Novum?

Published 939 days ago

It has today been announced that Nomad Cairn will cease to act for AIM listed (pro tem) FRAUD Cloudtag (CTAG) on April 10 at which point the shares will be suspended if no other Nomad is prepared to agree to sign off on lies issued via RNS. The shares have crashed to 2.75p to sell which means that those clients of Novum Securities who were stuffed into a placing at 3.75p THIS MORNING must be well pissed. But fear not... I have a shocking revelation that gets them off the hook.

Commiserations To Genuine Holders in Cloudtag says Waseem Shakoor as he sets a 0p target

Published 939 days ago

Bear raider and Northern git Waseem Shakoor is far nice than I am in my tretament of Cloudtag (CTAG) after today's fraud unravell as discussed in the bonus bearcast HERE. Waseem, the soppy nice guy predicts a 0p target too but writes: 

Tom Winnifrith Bonus Ouzo Photo Bearcast: Cloudtag, the fraudsters and the morons - it is downfall day for you

Published 939 days ago

I waited until 10 AM before drinking a bit of my father's ouzo in celebration of the Cloudtag (CTAG) take-down described earlier HERE. That is the sort of restrained guy I am. Boy does the ouzo - pictured below - taste great and its only 51 days and I shall be back in Greece for a lot more. Today has been a 100% vindication for The Sheriff of AIM and my fellow bears and the Bulletin Board Morons and fraudsters are now in undignified retreat. I discuss what happens next, have a few new revelations and a few lessons the morons will, no doubt, not learn in this bonus podcast.If you are client of Novum stuffed into today's placing I explain how you can get your cash back.

BREAKING: Photo Article: Sorry Dad Needs Must - Cloudtag's Nomad quits shocker! Ouzo Time

Published 939 days ago

I had brought the bottle below back from Greece for my father. But I know he will understand. It is a very large celebratory ouzo for breakfast as the AIM fraud of the year Cloudtag (CTAG) has fessed up - its hapless Nomad Cairn has finally had enough of signing off on lies and has quit. It gets worse and it is going to get worse still. Bulletin Board Morons and Aidan Earley who smeared and attacked The Sheriff of AIM for repeatedly calling this out as a fraud line up and apologise now you bastards!

Slater & Gordon - if it was f**ked before it is now double f**ked: UK legal changes

Published 940 days ago

Oh dear, oh dear. This is not going to make the debt for equity talks Slater & Gordon (SGH) is engaged in to stave off bankruptcy any easier. The Government has published proposals which will screw its UK personal claims business, effectively making it worthless.

Cloudtag Results Prize Competition - win a bottle of Red Leg Rum

Published 940 days ago

For a company with revenues of exactly nil despite all the lies about guaranteed sales of $5.2 million etc, the fraud Cloudtag (CTAG) takes an awfully long time in publishing its (bound to be dire) results for the year to 30 September. If you want to win a bottle of Distil's finest Red Leg Rum then it is time to enter our Cloudtag results competition. Here is how.

Filthy Forty Jiasen – tick-tock, tick-tock, it really is bag of Walkers o’clock

Published 941 days ago

The 24th delisting from the ShareProphets AIM-China Filthy Forty is almost upon us, for shareholders in Fujian Province-based Jiasen (JSI) voted through proposals to depart the Casino at a General Meeting on the 15th of this month, with the company’s exit scheduled for next Tuesday. Anyone still holding has less than four trading sessions left to get out.

FRAUD African Potash now just 0.02p to sell - when will it admit that it is bankrupt?

Published 941 days ago

In its annual report published at no-one is watching O'Clock in the Christmas break, the FRAUD African Potash (AFPO) was forced to include a statement that it needed to raise £600,000 of fresh equity if it was to last 12 months. I should cocoa. The shares are now on the NEX lobster pot and the last trade was eight days ago. Illiquid or what. And as you can see the spread is now 2 one hundredths of a penny which is also the bid price. 

Management Resource Solutions - New Meeting called to sack chairman Murray D'Almeida - a wanker of the highest order

Published 942 days ago

The battle between good and evil continues as suspended AIM dog Management Resource Solutions (MRS). You may remember that there is a meeting on Friday to oust certain directors but the board, acting like democracy despising a'holes, found a pretext to stop shareholders voting in new guys.

United Cacao….and now for the calamitous shareholder shafting

Published 942 days ago

Former AIM Casino disaster story United Cacao (CHOC) has updated the market this morning with regard to proposed changes to the terms of its bonds. If you are a shareholder and didn’t take Tom Winnifrith’s advice to get out, I suggest you look away now for as he predicted HERE it is indeed to be a near wipe-out even if the company survives.

FRAUD Cloudtag - why did its PR advisers Tavistock resign the account?

Published 943 days ago

Normally PR firms, being so utterly 100% morally bankrupt, only resign an account for an AIM PLC if the client can't pay its bills. Just now and again a PR firm finds a client so utterly fraudulent that to protect its own reputation, it walks - think the FRAUD African Potash for instance. And so that brings us to the FRAUD Cloudtag (CTAG).

Bulletin Board Moron of the week contest sponsored by (soon to be) jailbird Pirate Pete Landau

Published 944 days ago

Over the weekend I published documents and articles such as this one which make it clear that Pirate Pete Landau may well soon be about to "go to jail, do not pass Go, do not steal another £200 from shareholders, Go direct to jail." But say what you want about the Pirate he knew how to play Bulletin Board Morons. His chat up line by email to any moron who contacted him went like this:

Stuttard’s Septic Seven – February update: oh dear!

Published 944 days ago

ShareProphets has Red Flagged quite a few companies on AIM, but as we all know there is no problem of fraud on the world’s most successful growth market. This is why we created a diversified portfolio of Casino stocks for AIM head honcho and Sham Sheriff, Mr Marcus Stuttard, to invest his own cash and thereby demonstrate his complete faith in his team of oxymorons at AIM Regulation. With the portfolio heading towards the end of its fifth month, here is the latest update – and it is not a pretty sight.

Spot the Difference No 2: Aidan Earley v Doug Ware

Published 944 days ago

A tougher second puzzle for the day. I’m not one to buy into the conspiracy theory that Aidan and Doug are one and the same but recent antics by Aidan on his blog show that they are very much hewn from the same cloth.

Notes from Underground: Born to be baaad

Published 944 days ago

In a week where ShareProphets tore into Peter Landau, rolled it's eyes at another Darren Winters own goal, and can still find even more to report on about Cloudtag, I did not think the headlines could be exceeded. But Tom delivered. I give you the headline of the week:

Tom Winnifrith Bearcast: I stand corrected, the CEO was not in the bath & killers gorge, political correctness gone mad

Published 947 days ago

After the Slater & Gordon (SGH) bearcast earlier you may have thought that I was sleeping off half a bottle of ouzo. Au contraire, I have been touring the Mani with George the Architect, the man who helped me to expose InternetQ last year. We went past Killers Gorge. Why can't you kill unsuitable boyfriends of your daughter or sister any more? As my daughter prepares to turn 16 this year I sadly conclude that this is yet another example of political correctness gone mad.  In terms of stocks I offer a couple of corrections on Tracsis (TRCS) after yesterday's bearcast then look at Xtract Resources (XTR), Ascent Resources (AST), FastForward (FFWD), the over ramped hype company with which my good friend Jim Mellon is involved, Cobham (COB), Infrastructure India (IIP) and also the fraud Cloudtag (CTAG). And I refer to a drooling Evil Knievil ref THIS ARTICLE.

Watchstone - the Curse of Rob Terry; legal bother in Canada

Published 947 days ago

I have flagged up many times before that the Hubio (formerly known as the fraud Himex) and Ingenie operations in Canada faced serious issues because they had simply failed to deliver product as promised to major customers such as Aviva. Now it is out in the open with writs flying both ways. Oh dear...this is not going to end well for Watchstone (WTG), the legacy of fraudster Rob Terry strikes again.

Tom Winnifrith Bonus Bearcast - It's a 7.14 AM ouzo O'Clock as Slater & Gordon crashes again

Published 947 days ago

Oh dear. Oh Dear. Another trading statement from Aussie law poltroons Slater & Gordon (SGH) and it is grim all round. The shares - A$8 when the fraudulent businesses of Quindell (QPP) were bought - are now 20 cents. And they will go far lower IF a debt for equity swap is agreed and that is the best case scenario. The Rob Terry Quenron businesses are now shown as worthless, another day of V for Vendetta, Vengeance and Vindication for the Sheriff of AIM. Crack out the ouzo and make mine a large one!

Did Pirate Pete Landau use Range Resources cash to pay off other debts of his?

Published 948 days ago

A major shareholder in Range Resources (RRL) who was , in the good old days, a major ramper of the stock on Aussie chatrooms has made some quite extraordinary claims about how Pirate Pete Landau appeared to use Range cash to pay off other debts he had racked up. This was posted on an Aussie chatroom on behalf of David Scanlen the victim here. My source verifies that these claims are genuine. If true. they are extraordinary and beg questions aboout how Range's current management appear not to be making claims against the Pirate - who is clearly in deep trouble already. The post follows:

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