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Octagonal - First gazette for Company Strike off - is there an RNS due perhaps?

Published 738 days ago

Any company employing disgraced Nilesh Jagathia of Teathers infamy is a good bet either to go tits up or to get into a spot of bother for not filing documents properly at Companies House. And that brings us to Octagonal (OCT) PLC where clueless Nilesh does the books.

BREAKING: Teathers Financial shocker: Nilesh Jagatia - Show Me The Money!

Published 878 days ago

The way that shareholders' cash was pissed away on corporate jollies & semi clad young ladies by the former board of Teathers Financial (TEA) has already been documented fully here. But documents have now fallen into my possession, here at Winnileaks, which ask even bigger questions about FD Nilesh Jagatia who is pro tem, still FD at AIM-listed Inspirit (INSP) and Octagonal (OCT). After this bombshell I wonder for how long.

The AIM Nightmare board - joining CEO Piers Linney is FD Nilesh Jagatia - check out his CV of doom

Published 1139 days ago

Who would you want running the AIM PLC board from hell? Naturally with Outsourcery (OUT) becoming his 39th business failure, or is it 38 I lose track, Dragon's Den flop Piers Linney has to be the CEO. I'd nominate that silly woman from Easyjet (EZJ) as Group Equal Opportunities Officer. The Chairman has to be the patrician twit Gibson Smith formerly at the LSE. The FD...check out the CV of Nilesh Jagatia of Inspirit (INSP) and Teather's (TEA) infamy now on the run!

Flip Flop Ben Turney at Teathers - do your civic duty: tax dodging is wrong

Published 876 days ago

I wrote earlier today that Flip Flop Ben Turney who now finds himself running failed ex AIM investment vehicle Teathers really MUST go to the Old Bill demanding a full investigation into the ATM withdrawals by ex FD Nilesh Jagatia. A reader points out that Flip Flop has another civic duty to perform on this matter, he must go to the taxman. Ever keen to help...

Teathers Financial & Inspirit FD Nilesh Jagatia on the run

Published 1140 days ago

Earlier today we flagged up a planned rampfest investor evening organised by jam tomorrow and hot air producer Inspirit Energy (INSP) which - according to the original RNS - featured an array of attractions including Zak Mir - who was laughably described as the UK's favourite technical analyst, which Nomad signed off on that crap? - and a chance to quiz FD Nilesh Jagatia. Oh goodie goodie thought a number of folk from the Teather (TEA) shareholder action group who would like to ask Nilesh about how he has trainwrecked their company and if he condones blackmail?

Tom Winnifrith Bonus Bearcast: Teathers/Drummonds/MediaCorp scandal the darkest day yet for the useless bastards at AIM Regulation

Published 1125 days ago

The earlier piece on the Drummonds, Nilesh Jagatia and the Media Corp scandal needs to be read in full. What horrifies me is that it shows that AIM Regulation knew everything in July 2014 but failed to act.  The Bogus Sheriff of AIM, Marcus Stuttard, should either resign on Monday morning or find out who failed to protect investors, sack him and agree to compensate anyone who has lost money in Teathers Financial (TEA) and possibly Inspirit (INSP) as well. I warn you that I use bad language in this bonus podcast as I am furious with the Oxymorons at AIM Regulation over this appalling failure.

An Open letter to John Gunn at Inspirit and Octagonal - you MUST suspend or fire Nilesh Jagatia NOW!

Published 876 days ago

Nilesh Jagatia the former FD at now delisted AIM bad boy Teathers Financial (TEA) is now enmeshed in controvery not only over Teather's serial ability to file accounts on time but over how shareholder's cash was used not only on entertainment involving semi clad young ladies but also for apparently personal spending by Nilesh. One hopes that by now the Old Bill and HMRC have been asked to have a butcher's. Amazingly Mr Jagatia remains as FD at two other AIM Companies both, as it happens, run by John Gunn: Inspirit (INSP) and Octagonal (OCT). I have now written to John Gunn.

An Open letter to Ben Turney - why have you not called in the police at Teathers Financial

Published 877 days ago

Yesterday I revealed a series of 74 "interesting" transactions on the Teathers Financial (TEA) company credit card and some curious payments on the Teathers pre-payment card belonging to Nilesh Jagatia the company's former FD. There is now a very real suspicion that Teather's poor shareholders were paying for Jagatia's domestic shopping at his local Sainsbury's in South Woodford and that he was making withdrawals from the company's account for personal use. I have thus written to the new CEO flip flop Ben Turney who, of course arrived in the coup that saw Jagatia fired. The letter is below.

EXCLUSIVE: Inspirit Energy - cash run out? Supplier has to go to Court to get paid

Published 979 days ago

Oh dear. Oh dear. It looks as if the cash position at John Gunn's boiler room Inspirit Energy (INSP) is getting so very tight indeed. With the shares slipping to just 0.24p to sell and there being no sign of jam tomorrow being turned into anything resembling an order, we have just been passed judgement in a court case which closed this week.

Exclusive: Kerboom Drummond Brothers & Nilesh - shocking lawyers letter reveals all - its game over for you

Published 1125 days ago

Are you a pissed off shareholder in Teathers Financial (TEA), Inspirit (INSP), Octagonal (OCT) or any other company associated with Justin and Jason Drummond or Nilesh Jagatia? If so you are going to get even more pissed off as I have obtained and publish below a lawyers letter which exposes wholesale fraud and deception at their last outfit Media Corp (MDC). It is shocking.

Octagonal – results for GIS released, so where are the parent accounts?

Published 358 days ago

Tom Winnifrith pointed to some previous anomalies at AIM-listed Octagonal (OCT) where John Gunn (of AIM-listed dog Inspirit Energy) and Nilesh Jagatia (of Teathers infamy) reside. Today, I had an email drop into my inbox…..it is all very odd.

Exclusive: Teathers Financial tries to bully its own shareholders - they stand firm: the board will be sacked!

Published 1150 days ago

I have obtained emails that show clearly how the board of Teather's Financial (TEA) have tried to bully dissident shareholders into not ousting the directors who are culpable as it gets slung off the AIM. The bullying has not worked. The board will be sacked.

Inspirit Energy – half-year results claim “adequate resources”. Really?...

Published 829 days ago

Having featured in the ‘New Year bury bad news stakes’ and with questions having been raised about CFO Nilesh Jagatia, I note shares in Inspirit Energy (INSP) remain in the doldrums following half-year results announced on 31st March. I also note the announcement was made at 9.49am. An attempt to miss the usual 7am RNS scrutiny?...

Inspirit Bailout Placing - tell me there was no market abuse here: look at the chart

Published 806 days ago

Look at the daily chart below. Tell me there was no insider dealing or market abuse going on here. It is that of Inspirit Energy (INSP). And then at 2.10 PM we finally had two announcements.

Norwegian E24 goes after Chris Rynning (formerly of F40 Origo) - part 2: the company credit card

Published 64 days ago

This gets worse and worse for Chris Rynning, the former boss of ShareProphets AIM-China Filthy Forty play Origo Partners (OPP). Having discussed how a billion Kroner disappeared to tax-havens under this self-styled China expert, today E24 looks at the company credit card. If you thought Nilesh Jagatia of Teathers (TEA), Insprit (INSP) and Octagonal (OCT) was, ahem, generous (to himself), this appears to take the biscuit.

Discredited Teathers director Nilesh Jagatia has form in failing to produce accounts on time

Published 1129 days ago

It seems that Nilesh Jagatia, discredited director of Teathers Financial (TEA), has got recent form when it comes to failing to submit accounts by the statutory deadline. Mr Jagatia is finance directors of a number of Plcs, including one of my old favourites, the piece of Turkish that is Inspirit Energy (INSP). Just like Teathers, in December last year Inspirit received a First Gazette to strike the company off the register of companies for failing to provide its accounts on time. What is it that Mr Jagatia doesn’t understand about the legal requirements concerning his job?

Tom Winnifrith Bearcast: Why Julie Meyer was the odd one out & the mystery of Toople and what it did not say

Published 97 days ago

I start by talking you through yesterday's Odd One Out contest explaining the schoolboy error made by Nigel Somerville and others. I look at the Autolus news in relation to Woodford Patient Capital Trust (WPCT) where as a loyal shareholder I shall be attending the May 15 AGM in Oxford with a few questions for Neil "nomates" Woodford. I flag up a shocking little episode at Clear Leisure (CLP) which should make you worry about Octagonal (OCT) and Inspirit (INSP) given that their FD is disgraced Niliesh Jagatia  then discuss Management Resource Solutions (MRS) and finally, in detail, Toople (TOOP). Tomorrow I really will read out a Woodlarks heros roll call. Please join that list ahead of then HERE 

Octagonal - another comedy classic from Fatty Cornish and another win for the Sheriff

Published 1094 days ago

Earlier today I flagged up that John Gunn run POS enterprise Octagonal (OCT) had, in April, promised results in June but had not only not published its numbers (never a good sign) but had also parted company with its auditor last month but not told anyone about it. In direct response to MY ARTICLE HERE, Octagonal fished its corpulent and useless Nomad Roland "Fatty" Cornish out of his four course luncheon to issue a statement. It is another comedy classic from Fatty. Boy he does know how to tell em.

Crowdfunding appeal launched to take Jason Drummond & Nilesh Jagatia of Teathers infamy to court over Purple Lounge & Media Corp

Published 778 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.

Teathers – Drummond QUITS & speaks exclusively to Tom

Published 1117 days ago

Well, well – another twist in the formerly AIM-listed Teathers (TEA) saga has emerged, as a wander through Companies House filings reveals that a certain Mr Jason Drummond quit as a director on 23 June 2016 (last Thursday), ahead of the forthcoming sack-the-board EGM on Tuesday. The question, of course, is why?

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