20 days ago
It looks as if Richard “nobody likes me and I don’t care” Jennings had a narrow escape not merging his Align Research company with Vox Markets as its accounts are now out and they are shockingly bad. But when 50% of the board is comprised of Justin “the Clown” Waite, is it any great surprise?
57 days ago
The company is All Active Asset Capital (AAA) a grossly over-ramped and over valued AIM sewer promote when penny share spiv Chris Akers is involved. Soo too is Johnny Mahtani the boss of Media Tech SPAC a murky, newly formed, company backed by Akers planning a stockmarket listing within months. There is a private Telegram group where Akers, Mahtani and others pump the stock. The screenshot below is from yesterday evening.
105 days ago
Eurasia Mining (EUA), of which more later, has already met Roy this week as it became the company to have enjoyed the longest spell ever under a Formal Sale Process without actually getting a bid or admitting there would be no bid. It snatched that record from Best of the Best (251 days) on Thursday morning. But before the late Mr Castle thinks his job is over, I sense Umuthi Healthcare (UHS) may also get to meet him, Norris and, of course, Cheryl Baker, formerly of Bucks Fizz. In doing so, it will show that however many women the FCA promotes it is still useless.
150 days ago
I did warn Umuthi PLC and its top notch advisers at fascist bastard lawyers Memery Crystal that Richard “Nobody likes me and I don’t care” Jennings was serious but, as ever, those smart folk down in London knew best. Today Jennings and his Align Research firm have indeed – as I predicted - filed a First Gazette notice against Umuthi which will , almost certainly, see it wound up. You can see the filing below. This will sink plans for a Standard Listing masterminded by Memery Crystal who will then not get paid. Oh dear. I have a lot of history with Memory Crystal. It likes acting for scoundrels.
155 days ago
The winding up order petition against Umuthi Healthcare was submitted by Richard “nobody likes me and I don’t care” Jennings of Align Research on 18 January. Umuthi, which still insists that it is set to list imminently on the Standard List in a £100 million – no sniggering at the back – transaction masterminded by bastard lawyers Memery Crystal, said it would fight. Er…
162 days ago
The date has now been set. On 18th January, a judge will, almost certainly, grant Richard Jennings and Align Research a winding up order against Umuthi PLC. Jennings has made 17 agreements with the company to defer payment of a low 5 figure bill and every one of them has been breached. But still Umuthi is trying to list on the Standard List.
191 days ago
Back on 26 August Umuthi Healthcare announced via RNS that it was to float on the (sub) Standard List of the Main Market, that is the one where those fine chaps and chapesses at the FCA are in charge of admissions. All was set for the UKLA to set a listing day in early September, we were told. But then came a delay.
195 days ago
Ascent Resources (AST) has only avoided a crash landing in tits up alley thanks to the provision of death spiral finance by Riverfort Global and Align Research. Essentially, it has sod all cash, its assets in Slovenia it failed to monetize for eons and some joke Cuban assets. At c6p it is capitalised at c£5 million. Given Parsons’ track record as a pump and dumper and value destroyer, only a total poltroon would buy any shares. So step forward… Mr James Parsons.
210 days ago
Late March-announced results from Ironveld (IRON) included “your board remains confident that the company’s asset, containing 27 million tons of HPI, together with significant Vanadium and Titanium content, continues to demonstrate robust economics and has a potential value many times in excess of the company’s market capitalisation and balance sheet carrying value” – the market capitalisation then £2.6 million and stated net assets £21.7 million. Today a fundraising, from a £4.3 million market capitalisation with the shares having last closed at 0.65p. Surely a price competitive against that then? – and, given the stated “potential value”, even that unnecessarily dilutive?…
251 days ago
No! The dogs to whom I refer are not Ascent Resources (AST) and other pond life companies residing at the bottom end of the AIM sewer who are blessed with enthusiastic Align Research reports penned by the halfwitted enabler of fraud and smearer of journalists Dr Michael Green. But to a far more worthy cause as you can see below.
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