11 days ago
My good friends at the FRC have launched investigations into a number of companies as a result of my work, oft agreeing with my assessment of accounting malpractice and on a good number of occasions forcing them to restate results. The most recent thank you note from the FRC arrived just last week. I have today written to the FRC asking it to force Supply@ME Capital (SYME) to restate two sets of interims which are fraudulent and breach IFRS rules and to ensure that forthcoming, but delayed, prelims do not repeat the same crime. The letter follows.
15 days ago
To those like market abusing foul mouthed troll and penny share huckster Chris Akers who calls me a TWat or to the legions of Bulletin Board morons owning shares in frauds such as Zoetic (ZOE), Supply@ME Capital (SYME), etc who insist that I am a complete joke who can be ignored as they know better, this is for you. Yet again the Financial Reporting Council, the FRC, has taken direct action against a listed company because I alerted it to wrong doing. Yet again it writes to thank me. Folks that count take the Sheriff of AIM seriously, foul mouthed penny share hucksters and morons you are deluding yourselves.
52 days ago
This is such a mess, such a shit-shower of deceit and wrongdoing that it is necessary to split it into three parts. What follows is, even by the lowly standards of the AIM sewer, a total shocker.
63 days ago
The finance Director of St James House (SJH), “Desperate Dan” Pym was appointed as the Company’s Finance Director on 30 September 2020 and the company shares have been suspended since 2 November 2020 so under his reign the company has been in suspension more than it has traded. Once again I ask the question: is this is a record?
77 days ago
At 2.15pm yesterday afternoon – a Friday and thus a case of no-one-is-watching o’clock – AIM-listed but suspended St James House (SJH) put out an RNS entitled Trading Update. Intra-day trading updates are usually bad news, so this one caught my attention. So what do we learn?
93 days ago
The pleasure of reviewing a truly dismal 2020 trading statement from Eden Research (EDEN), a perennially loss making pustule on the arse of corporate Britain for more than 25 years, comes later. First to business: once again reporting this historically fraudulent enterprise to my good friends at the Financial Reporting Council, FRC, for cooking its 2019 books.
129 days ago
The Financial reporting Council has today released the report below, running to almost 300 pages into the crooked accounts of Autonomy and the behaviour of Deloitte and the two audit partners Mr Richard Knights and Mr Nigel Mercer. The key takeaway here is that abetting white collar crime DOES pay.
544 days ago
Shares in PureCircle (PURE) remain suspended as it struggles to publish its June 30 2019 accounts. But we are already warned that there will be restatements of 2018 and possibly 2017. But these restatements, which relate to the carrying value of inventory, were repeatedly predicted by ourselves for many years as you can see HERE. My good friends and keen admirers of my work, The Financial Reporting Council must launch an urgent and full investigation. I have written to the FRC today as you can see below.
592 days ago
The Financial Reporting Council has announced that it is to open an enquiry into the accounts of Thomas Cook (TCG) for the year ended 30 September 2018. Too little too late you say. Well perhaps, but what is at stake here is the poison at the heart of capitalism, the incestuous relationship between auditors and PLCs.
625 days ago
PR spinners for Burford (BUR) have responded to the Muddy Waters dossier by getting their poodles in the deadwood press to suggest that the bear raider was up to no good and was being investigated by regulators on both sides of the Atlantic. Oh dear..I have shocking and bad news for Burford...
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