3 days ago
The loathsome boss of Versarien (VRS) Neill Ricketts has made what, the king of the fraudsters, my pal Sam Antar would call out as a cardinal error for a stock promoter. He has not only threatened Bulletin board critic Ian Westbrook (Club Sandwich) with a libel case he has now lodged formal proceedings. So why is Claim Number QB-2021-002159 such a blundering mistake by the AIM boss.
3 days ago
The staff at Bidstack (BIDS) should get paid next week, assuming that their employer can delay paying other bills. But it is unlikely to be able to meet next month’s payroll so calamitous has been the shortfall in tracing vs expectations. Unless Nomad and Broker Stifel can get an away a rescue placing within weeks, Bidstack staff should be brushing off their CVs as a matter of urgency. I have written to AIM Regulation as a statement is needed asap.
5 days ago
AIM-listed Inspirit Energy (INSP) has graced the market with an update from the boiler room with regard to the new waste heat recovery system for the application on the Volvo marine engine. Ooooh, the excitement……
6 days ago
Roland “Fatty” Cornish, London’s worst Nomad, and the Oxymorons at AIM Regulation are yet to respond to my damning related party expose of Alien Metals (UFO) of last week HERE. While we wait and, as Roland starts the countdown to his elevenses, here are some more questions that he should be asking of his client.
10 days ago
Having not completed an RTO within six months of becoming a shell, shares in Plutus Powergen (PPG) were suspended from the AIM sewer this morning but fear not: Charles Tatnall and James Longley have a US coal RTO “oven ready” as Lyin’ Boris Johnson might say. Natch it is what is not in the release that should horrify you although that contains at least one absolutely monstrous lie.
10 days ago
Most AIM sewer companies have, perhaps, 2 Nomads every five years. Sometimes your company grows so you upgrade to a bigger firm. Or the reverse can happen. Or maybe a Nomad goes bust. Or perhaps you just have a personality clash. But to have multiple Nomads suggests something worse is afoot, that the Nomads might actually be baulking at what is going on. In that vein, consider the record of Versarien (VRS).
10 days ago
If a company undertakes a related party deal, its Nomad must approve, it must be declared as such in an RNS and the auditors must flag this up in the annual report and opine, in accordance with International Standards on Auditing 550 Related Parties, that the deal is kosher, that there is no “transfer of assets from or to management or others at amounts significantly above or below market value”. AIM dog Alien Metals (UFO) appears to have done at least two massive related party deals, implicating ALL of its three directors and with financier Richard Shemasian, brother of infamous promoter Mick, at the centre of the web and has declared neither. Its shares should be suspended at once until everything is out in the open and investigated.
11 days ago
The number of lies told by this company is so great that I have almost lost count. But then Remote Monitored Systems (RMS) is listed on the AIM Sewer where rule 67 states “Any company can lie to investors via RNS or in podcasts with Justin the Clown or that imbecile Zak Mir and the Oxymorons at AIM Regulation will do absolutely nothing about it.” Okay I made that bit up. And so, with no great hope of it doing anything about quite blatant RNS lying, I have written to AIM Regulation about Remote Monitored Systems and its Nomad and broker SP Angel asking for an investigation into a new £1.5 million lie that emerged yesterday. The letter is below:
12 days ago
I shall turn to the abject full-year results and trading update from Remote Monitored Systems (RMS) in due course. Suffice to say, what is unfolding is exactly what myself and Gary Newman have predicted so many times and the shares, though down sharply today, remain on the bargepole list. The real shocker is buried in the waffle and the cashflow statement.
12 days ago
On Monday morning, Kefi Gold & Copper (KEFI) boss Harry Adams said he was unaware of anyone opposing a plan which would have seen him trouser a $1.5 million cash bonus – on top of his annual drawings of £337,000 – within two years just for doing his job. I made it bloody clear that I was livid and would vote against all proposals at the forthcoming AGM if Harry did not think again. Today he did the right thing and thought again.
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