As I explained in detail HERE, Gerry “the arse” Brandon and Deepverge breached AIM Rule 11 ahead of last June’s bailout placing. That AIM Regulation has allowed “the arse” Brandon to keep his job shows what a joke market the Casino is. For today, six months after that bailout placing at 30p, the shares are 20.25p, sliding and still monstrously overvalued. Had the Oxymorons publicly censured this company and Gerry the arse, investors might have got out before today’s shambles.
I refer not to life at the Welsh Hovel where I have more workman issues but to Dev Clever (DEV) and my exposé of earlier HERE. I also comment on Verditek (VDTK), Deepverge (DVRG) run by journalist trolling arse Gerry Brandon, the serial AIM Rule Breaker, and Kefi (KEFI) where I remain a loyal, if somewhat trappist, shareholder.
The journalist trolling arse of a CEO, that is Gerry Brandon of Deepverge (DVRG), has already been exposed by this website for breaching AIM Rule 11 and misleading investors ahead of his last bailout placing. But today comes news that such deception has happened before. Gerry, you are a very naughty boy indeed and if you had a shred of integrity you’d be quitting in disgrace right now.
It has been three months and ten days since places in a £10 million offering at 30p from AIM listed Deepverge (DVRG) got their stock. At mid they are now 25% down with the shares at 22.5p. Folks who took part in the placing were misled by the company as to its trading position as it breached AIM Rule 11. I have again written to AIM Regulation demanding that formal action be taken. That letter is below. Meanwhile should punters hang on?
This should be an open and shut case and, if only pour encourager les autres, Deepverge PLC (DVRG), its Nomad SPARK Advisory and its journalist trolling arse of a CEO Gerry Brandon should be served up with a severe public censure. I have written to the Oxymorons at AIM Regulation below.
I discuss a fascinating article about XL Media (XLM) HERE in the Times of Israel. If I wanted to list a fraud I’d be big on ESG as was XL. Chris Bailey’s fund manager pals would love it as I stole all the cash. I look at gender targets and ask what they should be, referencing Principals of Cambridge Colleges. I look at Mercantile Ports (MPL) and PrimaryBid and then what I plan, or hope, to do next about the fraud Umuthi (UHS), ask the victims to tell their stories. I look at Paul Johnson’s Power Metal Resources (POW) and its latest news which takes me back to 2007 and Mark Watson Mitchell’s Yellowcake. I comment on Asimilar (ASLR) and then go to town on Deepverge (DVRG) and its journalist trolling cock of a CEO Gerry Brandon explaining why I believe investors were materially misled in the run up to the £10 million June 7 placing and why the company is, for a variety of reasons, a total bargepole. It is just not investment grade material.
For pointing out what an overvalued crock is Deepverge (DVRG) and how the maths of cashburn did not stack up, its arse of a CEO took to trolling me on twitter, a medium he uses to ramp his shares in an alarming manner. Today’s interims vindicate me and show why anyone believing Brandon deserves all they get. Notwithstanding the company’s Covid play based, literally, on piss and pooh, the valuation is a joke.