Keyword results: Isle of Man

Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: with a hat tip to reader, Jim, on the Isle of Man

Given it is hammering down here in North Wales, I bet Mr Mellon is somewhere far sunnier than Port Erin. The graphic below is from him, and I discuss it in detail. Then, I look at those determined to ignore clear warnings, ref Petropavlovsk (POG). I cover incomplete and thus, potentially deceptive, RNS statements ref. Nostra Terra Oil & Gas (NTOG), before assessing Fulham Shore (FUL) in detail. With gift aid, we have now raised £19,700 for Rogue Bloggers for Woodlarks - please help us reach the £20,000 landmark today (D-3 days), HERE. Finally, my podcast on falling out with Dominic Frisby, 1939 and all that can be accessed, HERE.

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PREMIUM CONTENT

EXPOSE: Apollon Formularies, the POS that was Afriag – spoof news on joke Jamaica ganja valuation as cash crisis looms

Once a dawg with fleas always a dawg with fleas. I covered the horrors of David Lenigas created horror story Afriag (AFRI) in full. Eventually after too many criminals such as Yusuf Kajee were exposed by this fine website, the company was booted off AIM and then, via a RTO organized by those scallywags at Peterhouse which took two years to consumate, became a medicinal cannabis play based in Jamaica and listed on the Aquis lobster pot. On April 13 2021 £2.5 million was raised at 5p and the company became Apollon Formularies (APOL). Now follow the white rabbit for the shares are now 2.6p and a cash crisis looms.

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MFX
MFX
PREMIUM CONTENT

Message to Jim Mellon – the optics of the Manx Financial Board look piss poor

Manx Financial (MFX) the AIM listed bank based on the Isle of Man, where my pal Jim Mellon is the second largest shareholder and also the chairman, has announced a raft of board changes. No offence intended Jim, but from a G as in Governance perspective this sucks.  Now Manx is very well and conservatively run so this is not suggesting anything is amiss but it is how it looks.

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PRD
PRD
PREMIUM CONTENT

BOMBSHELL EXPOSE: Predator Oil and Gas – More skeletons than a graveyard

Having commented on the potential insider trading and undeclared related party deal at Predator Oil and Gas (PRD) only a few days ago and triggered Tom Winnifrith to write to the FCA, I’ve been drawn back again to look at a few further aspects. So often when you find something really questionable going on within a company, it is rarely a one-off and it would appear to be the case for this company.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Apparently I know nothing about tax

Okay, tomorrow is the big day. If you are yet to donate please do so HERE as the Rogue Bloggers are now just over £2,000 off target. In today’s podcast, I discuss at length issues arising from the Skinbiotherapeutics (SBTX) and Optibiotix (OPTI) issue where Steve O’Hara says a man who took a company to the Isle of Man knows nothing about tax! Then onto the fraud Zoetic (ZOE), company specific issues and the wider one, raised by promoter David Lenigas today, of the increased risk caused by margin buying of small caps.

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IMC
IMC
PREMIUM CONTENT

EXPOSE: Shares in IMC Exploration rocket on RTO News but is it telling the whole tawdry truth?

Shares in long term dog IMC Exploration (IMC)  have soared on news that it is to do an RTO of the company owning the Karaberd gold mine in Armenia. But is what it says in the RNS the whole truth or has it engaged in a deal on an asset originally awarded on a questionable basis and with a company that has screwed local people and welshed on a string of financial commitments?

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TCM
TCM

Dbay pulls out of bidding war for Telit, again slams rival u-blox bid. Mr Market agrees with the Manxies

Telit Communications (TCM) reckoned that a cash offer of £1.948 from Isle of Man based asset management business per share fundamentally undervalued the company. Dbay disagreed so has pulled the offer. Ooops.

BPC
BPC
PREMIUM CONTENT

BREAKING BOMBSHELL EXPOSE: Is Bahamas Petroleum $20m disguised death spiral placing today ILLEGAL?

As a loyal former citizen of the Isle of Man I feel that it is my duty to go to my good friends at its Financial Services Authority on Bucks Hill in Douglas to dob in Bahamas Petroleum (BPC) for apparently breaking the law with its disguised death spiral placing announced today. Crime should not pay. Have they abolished birching for naughty Nomads on the island yet?.

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Barclays Isle of Man wastes my money, yanks my chain yet again

I am sure we all think that the bank we bank with is useless. But changing banks is such a pain in the arse. I’ve experienced it firsthand. Direct debits go awry, auto payments on your card bounce, you have to remember a new PIN, and so we don’t bother. But boy, Barclays (BARC) in the Isle of Man is in a class of its own for being useless.

Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: happy Hop-tu-naa, my No 1 tip for dealing with Trick or Treaters

Happy Hop-tu-naa to any listeners in the Isle of Man, and happy Halloweebn to the rest of you. I start the podcast with a handy tip on dealing with the Trick or Treat menace. This afternoon I head off with Joshua to deal with the bastards at Barclays (see yesterday's bearcast) and I will report back on that tomorrow. I look at Crawshaw (CRAW), I3 Energy (I3E) doing a Cathy Newman, at Photonstar Led (PSL)) which is toast, Online Blockchain (OBC), at FastJet (FJET), lessons for Neil Woodford from GYG (GYG) and elsewhere and why Thirsty Paul Scott and others should keep December 3 free.

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Manx-Kippers

Jim Mellon, the Hoxton Pony, the Paradise Papers, the lies and the tax avoidance

The Guardian's coverage of the Paradise Papers has now turned to my old friend the Isle of Man based fugitive from Korean justice, Mr Jim Mellon. The Grauniad's coverage goes far but, sadly, its journalists fall for some slam dunk lies. This all concerns the Hoxton Pony,a fashionable bar in uber hip Shoreditch. I used to live round the corner and know it well.

Bearcast

Tom Winnifrith Bearcast: as a former tax dodger in the Isle of Man I can't say I'm shocked by the Paradise Papers

Of course when I was a crony capitalist I spent a couple of years in the Isle of Man with its progressive tax system.  That was all legit, it is called tax avoidance (legal) not tax evasion (illegal) but it is clear that the IOM facilitates a stack of illegal tax evasion. I am not shocked by the Paradise Papers revelations on this and explain why. Elsewhere there is follow on work on Totally (TLY) looking at more red flags and the vanity of sales, then coverage of Red Emperor (RMP) and P:aragon Entertainment (PEL)

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Veltyco - cracking trading statement but...

At its AGM in the tax haven and cultural desert that is the Isle of Man, Veltyco (VLTY) was in bullish mood. The brief statement reads:

Wasting More Time with the bastards at Barclays

Having had the run around from my Barclays team in Douglas, Isle of Man as I described on bearcast yesterday, I was advised to go to a Barclays branch in Bristol with two forms of ID to change its records of whom I worked for. As I had a dental appointment in town I walked to the main Barclays branch in central Bristol, at Broadmead, where the bastards then wasted another forty five minutes of my life with sheer incompetence.

Bearcast

Tom Winnifrith Bearcast: I hate you Barclays, you are bastards

I reflect on how we gym users suffer and on how dealing with Barclays Bank as a customer has made me so angry today. I hate the banksters and make a few unkind comments about the Isle of Man. Then it is onto Feedback (FDBK) and a detailed look at Cyan (CYN) and an awful broker note you can read HERE from Beaufort which I tear apart. I really despair at how bent AIM has become. What is the point of being honest anymore? 

WHI
WHI

WH Ireland and the Bagot Scandal – picket resumes tomorrow

Mugged pensioner Jim Bagot still has an outstanding gripe with AIM-listed WH Ireland (WHI). ShareProphets can reveal that tomorrow he will be back outside its London offices to resume his protest.

Bearcast

Tom Winnifrith Bearcast: Bad language, Oakley, Andalas, Linney & Isle of Man Edition

This podcast contains bad language, please be warned. There are a couple of Isle of Man related issue and I then move onto: Snoozebox (ZZZ), Outsourcery (TOAST), Cambian (CMBN), Cobham (COB), earnings visibility and consumer spending patterns, Paul Scott, Nyota (NYO), Carpetright (CPR), Austin Reed and Falcon Acquisitions (FAL).

EU_flag

Jim Mellon & the EU: Piss off but we'll have your cash

My old pal Jim Mellon is an ardent Europsceptic who campaigns for Brexit although, as a resident of the Isle of Man, he cannot actually vote himself in the great referendum. But all power to his elbow and I am sure that his offshore donations will be put to good use. But there is surely some irony in today's announcement from SalvaRx (SALV) where Jim is the largest shareholder and chairman.

Barclays: I know Americans are all fat but you are utterly useless

I am meant to have a Premier account with Barclays (BARC) in the Isle of Man. Fear not I declare my net interest ( bugger all) each year as I keep sod all in the account. But this Premier service is dire and has tormented me for 24 hours.

OPP
OPP

F40 Origo Partners – is it bag of crisps time? 0p ahoy?

This surely is terrible news for shareholders in ShareProphets AIM-China Filthy Forty play Origo Partners (OPP): an RNS shortly before close of play yesterday saw the announcement of the results of a series of meetings which had been called to consider the restructuring of a series of debts (or, rather, convertible zero dividend preference shares). The holders of the zeros voted it through but, oh dear, those pesky ordinary shareholders did not. The result: Origo could be toast.

KLR
KLR

Anyone Here Seen Keller? Today’s Floods May See This Construction Engineer Floating High Later On.

Hello Share Samplers. As I write this, there is a dire threat of the heaviest rainfall in my West Wales neck of the woods for 100 years. It seems to be the next incarnation of that huge snow fall which covered New York. Though as the temperature here is a mid spring 13 degrees, it will fall as rain, not the magical sparkly stuff. 

HCP
HCP

Hotel Corporation – Pledge your Proxy to Marcus Yeoman: a call to arms

Shares in Hotel Corporation (HCP) have moved back to 1.3-1.5p because there are signs of life. This is an ideal cash shell for someone with a track record of doing deals. But right now it is doing nothing. The two directors are Derek Short – a septuagenarian crony capitalist drawing £25,000 a year for sipping G&Ts in Jersey ( no tax there) and David Craine an Isle of Man Crony Capitalist drawing another £25,000 for doing sweet FA from another tax haven.

BPC
BPC

Bahamas Petroleum – I urge shareholders to give CEO Simon “Harry” Potter the order of the boot next week

Once every three years, the long suffering shareholders in AIM casino listed Bahamas Petroleum (BPC) get the chance to get rid of CEO Simon “Harry” Potter – the next chance is next week and this is why I urge all investors to send Harry packing. 

ULT
ULT

Why Ultrasis is almost certainly brown bread – Paul Bell arrested

Ultrasis shares (ULT) were suspended on the AIM Casino on March 31 because it appears that Mr Paul Bell,on whose support it was reliant, might not be able to provide the funds. What Ultrasis has not ‘fessed up to is the reason: Mr Bell seems to be in a spot of bother with the Old Bill.

A week of hell with Barclays Bank – are all banks as useless as each other?

Nominally I have a premium account with Barclays Wealth International in the Isle of Man. Given how most of its customers are multi-millionaire tax dodgers my tiny account (balance on Monday 90p because Darren forgot to pay me in full last month) must be a bit of an anomaly but still I am meant to get a premium service. If that is the case God help the rest of you with a “standard service”

QPP
QPP

Quindell Twitter Moron of the Week – Ron Clifton

As the Quenron (QPP) share price slips away losing more and more of the hard earned savings of the morons who have invested in this company which has demonstrably lied to its shareholders in a serial fashion, the morons response is sheer comedy genius. Today’s twitter moron of the week is Ron Clifton @CliftonPlace who is possibly the thickest of all the Quindell morons on twitter.

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