Comedy from across the pond where things have taken a turn for the worse for ex-Milestone favourite Lyin' Larry Cummins and his latest ex-employer, Black Cactus Global (OTC: BLGI), which has been forced to put out a hilarious mea culpa. Wonder who’s been ramping wildly?
Yesterday afternoon two RNSs came out from AIM-listed Milestone Group (MSG). At 4pm we were notified that the 2017 Annual Report had been published, as had the AGM Notice. But at 3.07pm a rather more interesting announcement was issued regarding Black Cactus. Yes folks, that’s the one we’ve been waiting (and waiting and waiting) for. You will no doubt remember that Black Cactus is the outfit of Larry (who has not got an Oxford Maths Degree) Cummins, and that Milestone had agreed a deal with it whereby it would get a few quid in commission and new shares worth 29.5% of the company. Now we are told:
On 6 December 2017, Milestone (MSG) announced that it entered into a software license agreement with Envoy Group Corp (soon to be renamed Black Cactus Global, Inc). Yes that is the company run by serial teller of untruths Lyin' Larry Cummins.
AIM-listed Milestone Group (MSG) has been up to its neck in controversy for over a year now, but I wonder if the company has had some bad news it hasn’t quite got around to sharing. This is regarding its blockshain spoofery (oops), I mean its software license agreement with Black Cactus Global Inc (Envoy Group as was) which we were told it had entered into on 6 December.
In the excitement I forgot to mention Nomates but you can see a chart below that he'd rather you did not. It is self explanatory and my father wants to clarify that like Larry Cummins of Milestone (MSG) infamy he does not have a degree from Oxford. But unlike Lyin' Larry he has two. I discuss Milestone, Blue Prism (PRSM), AIQ (AIQ), 13 Energy (I3E) and focus on Frontera Resources (FRR) and include in my coverage the sordid role of fat bastard, that is to say Malcolm Graham Wood.
I am still in a foul mood. Bah fucking humbug. The season of Goodwill is cancelled. This podcast contains a lot of bad language. I look at blockchain madness: Coinsilium (COIN), On Line (ONL), Vela (VELA) and Longfin (US:LFIN) on Nasdaq. Buy why is Milestone (MSG) missing out? Well Larry Cummins is a liar and that is just for starters. I look at Fishing Republic (FISH) where a statement is needed and then there is a detailed look at the latest horse served up by Uk Oil & Gas (UKOG) which is a stand out slam dunk sell for reasons I explain in detail.
With Milestone Group (MSG) still unable or unwilling to put out an announcement to its shareholders about its relationship with Lyin’ Larry Cummins, I thought I would keep the pressure on with a couple of snippets that I find amusing about the fraudulent front of the man. I mean he’s not a writer, gardener, ballet dancer or boxer from Boston but I still find it amusing.
That Larry Cummins of Black Cactus is a proven liar is now widely accepted. What is stunning is that AIM listed Milestone (MSG) whose entire market value is based on the belief that a deal with Black Cactus is worth something has failed to comment. Maybe the Securities & Exchange Commission in the US will force its hand.
Larry Cummins of Black Cactus and Milestone (MSG) infamy has in SEC filings and - until yesterday - on LinkedIn and on the Black Cactus website claimed to have a BA from Oxford. We have now double sourced this with the University and can now say it straight: Larry you are a fucking liar.
In Today's bearcast I look at ValiRx (VAL) whose CEO I actually like and at my portfolio, am I worried no? I comment on what Nigel Somerville is up to today which is bad news indeed for Larry Cummins of Black Cactus and Milestone (MSG) infamy. I look at Ambrian (AMBR), The People's Operator (TPOP), Magnolia Petroloeum (MAGP) and how it legged AIM over yet again, at Physiomics (PYC) and finally in depth at Lombard Risk Management (LRM) where the curse of Phil "InterX" Crawford looks set to strike again.
Black Cactus which is run by proven liar Larry Cummins (BA Oxon NOT!!!) is clearly critical to Milestone Group (MSG) which - without BC - is pretty much worthless. We suspect that even with BC Milestone is sunk so let's go to Companies House shall we?
Further to my weekend expose on Milestone Group’s (MSG) saviour, Larry Cummins and his dubious CV, I couldn’t help but notice that Larry suddenly seems to come over all immodest and has removed all signs of his incredibly impressive education from his LinkedIn and corporate website. Why could that be?
Yes I have spent much of the morning in conversation with folks in the City of my birth. I do have an Oxford degree - does Larry Cummins of Milestone (MSG)? The questions mount, the shares are tumbling - I explain whay happens next. I look at the latest bullshit from holocaust denying fraudsters MySquar (MYSQ), comment on the pointless ramp of boiler room dog Inspirit(INSP) on UK Oil & Gas (UKOG) and on Anglo African Oil (AAOG) and finally have a few words on a stock we own, Sosandar (SOS).
Yesterday we accused key Milestone Group (MSG) player Larry Cummins of lying about his educational achievements. Cummins has told Align Research, a supporter and shareholder, that our article was not true. He has "denied" it. Align has thus urged Milestone to make a statement and has again urged it to comment on today's article about Adrian Towning. You can see the tweet from Align below. We urge Milestone to proceed with extreme caution on this matter...
In his expose yesterday, Cynical Bear raised several questions around the probity of Larry Cummins the CEO of Black Cactus Holdings group. I am sure that Milestone (MSG) is rushing to clarify whether this key player has a bogus CV. Perhaps while it is at it it might clarify something about another of the four key players at Black Cactus, Adrian Towning.
A couple of pieces this weekend on one of the Blockchain Buffoons, Milestone Group (MSG). First a light-hearted look at what must have been a dispiriting clear-out this week of the ex-CEO, Deborah White’s mess and then tomorrow a more serious piece that I would urge all Milestone shareholders to read. First though, the (more amusing stuff.