A challenge to Eden Research (EDEN) about its FRAUD - will it please send me a lawyers letter as I really want to see the bitchez in Court. Its PR man Queenie McManus smearing me is just so tedious. Man up Queenie and do the decent thing. I also suggest that Nomad Shore Cap thinks twice before assisting Eden with a bailout placing. In this podcast I also look at DDD Group (DDD), Ascent Resoures (AST), Auhua (ACE), ECR Minerals (ECR), Evocutis (EVO), Alba (ALBA) & Stellar Resources (STG)
Thank you for your kind messages about my late cat Tara. Today I record with morbidly obese three legged Oakley listening and try to get him excited with an imaginary ffing dog. Actually it is the Chris Oil of cats. I explain. I also look at Stanley Gibbons (SGI), the London Stock Exchange (LSE) and the first placing into the Horse Hill ramp - Evocutis (EVO). Next will be - I predict - Solo (SOLO). I also look at ISDX lobster pots and David Lenigas lies ref Afriag (AFRI).
Yesterday's statement from Afriag (AFRI) stinks. The shares are plunging today and the destination is 0p. I have a series of questions for Jabba the Hutt about his baby but will David Lenigas answer? And where does that leave his other hounds still on AIM (pro tem) such as Inspirit (INSP) and Evocutis (EVO). If Afriag was telling the truth yesterday, surely their days on AIM are also numbered?
The weekend news from the oil sector is grim. I am not sure that folks out there in, what Malcolm Stacey might term, punterland realise just how grim it is. There is a massive PR and IR industry supporting the proposition that things can only get better. Au contraire, for the next few months at least, they are going to get a lot worse. And in that spirit I offer up a list of eleven oil E&Ps to sell now, to get out what and while you can, as they could well hit zero.
Apparently when going short of Home Retail (HOME) uber-posh fund manager Crispin Odey made some fairly nasty comments about poor people (aka folks who buy shares in David Lenigas companies). Well he has been burned today and that reminds me of a classic episode of The Young Ones (see below). I reflect on why shorting is a bad risk reward play and what that means and also on the idiocy of buying by following fund managers. I mention Tungsten (TUNG) and Allied Minds (ALM) in this respect. Elsewhere I ponder Totally (TLY) and the wisdom - in this case - of Wildes and then Greka Drilling (GDL), Evocutis (EVO) and Golden Saint (GSR).
I am now back from New York and arrived in Bristol about an hour ago. 7 hours sleep, since Saturday at 11 AM your time, and I am cream crackered. And so I shall shortly be joining the Mrs and my morbidly obese three legged cat Oakley in bed and going straight to sleep. Before that a bearcast covering BSD Crown (BSD), Inspirit (INSP), Evocutis (EVO), Scancell (SCLP) Motive TV (MTV) and the curent rumours surrounding 3 bent share tipsters and the FCA.
Jabba The Hutt quit all five AIM Casino boards he sat on today. In this podcast I reveal the events of the weekend and discuss why he may have left. I warn him that the Nationals are on his case and so smearing me will be ever more pointless. And then I look at actions of the Bulletin Board morons who are still in denial. And finally at what this means for the Jabba stable. It is bad news. The best bet for near term zeros are Afriag (AFRI) and Evocutis (EVO) but Rare Earth Minerals (REM), Inspirit (INSP), Solo Oil (SOLO) and LGO Energy (LGO) are also all slam dunk sells as I explain.
This morning fat Aussie share ramper David Lenigas has, without warning, resigned from the boards of all five AIM Casino Companies on which he sat: Inspirit (INSP), Afriag (AFRI), Rare Earth Minerals (REM), Bacanora (BCN) and Evocutis (EVO). Why?
Whilst checking the details about Evocutis PLC (EVO) I noticed that the 31 July 2014 year end accounts have been signed off on the 20 January 2014, some 6 months before the accounting year end. At this point we move from Leni-maths to, Back to the Future, starring Jabba The Hutt.
And now we turn to Danadav Investments, yet another short lived and mysterious company which actively traded shares with two David Lenigas concerns and then just expired. Who owned Danadav? Perhaps Jabba might explain what on earth went on here.
Now let's turn to Evocutis (EVO), another Jabba The Hutt overpromoted piece of AIM detritus and the issue of transparency. Evocutis initially had 174,675,828 shares in issue. David Lenigas and the team descended and issued 175,000,000 new shares at 0.0012p raising £210,000 (shares admitted 8 Sept 2014), doubling the shares in issue.
Yes I have indeed done just that, or I think I have. The olive harvest saga continues and the snow has started on the mountains above the Greek Hovel, pictures later. In this podcast I look at Jabba The Hutt ramping Afriag (AFRI) and warn you what will happen next. Then a comment on LGO Energy (LGO) before heading onto PeerTV (PTV) and - in an unusual manner - I cover ValiRx (VAL). You see Satu I am a man of my word, Halosource (HALO) gets "the treatment" as does Gary Newman for buying into corporate bullshit speak. Then it is onto Photosntar Led (PSL), Fitbug (FITB) and finally InternetQ (INTQ).
In this presentation from Gold & Bears I posed 12 questions that Jabba the Hutt will not answer. I then ran through the Lenigas portfolio explaining why you should sell shares in each of: LGO Energy (LGO), Rare Earth Minerals (REM), UK Oil & Gas (UKOG), Inspirit (INSP), Lenigas Cuba (CUBA), Evocutis (EVO), Solo Oil (SOLO) and AfriAg (AFRI). Enjoy...
Yes I am at the airport less than two miles from Jabba The Hutt's Gatwick Gusher. In this podcast I cover my first trip to Brighton, Uk Oil & Gas (UKOG), Evocutis (EVO), Sovereign Mines of Africa (SMA), Caza Oil & Gas (CAZA), Golden Saint Resources (GSR) and Fitbug (FITB)
And so today all the Horse shite stocks have served up news that appeared to have leaked onto every Bulletin Board and twitter ramping session days ago. Flow testing at the "Gatwick gusher" will start early next year. Since every BB Moron already knew this and since half the Horse Hill runners and riders have to do a placing to survive fairly soon, shares in this stable of dogs have not soared as promoters such as David "Jabba The Hutt" Lenigas wuld have hoped.
And so what is the news? The companies involved have been:
Featuring shares of African Potash (AFPO), Ashley House (ASH), Armadale Capital (ACP), Evocutis (EVO), Intelligent Energy Holdings (IEH), Stratex International (STI) and some suggested share price targets.