Keyword results: Quindell

Bearcast
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TomWinnifrith Bearcast - on the Upper Volta Aquis equivalent these shares would be suspended on Monday but on AIM?

I deal with the specifics of ADM Energy (ADME) shares in which must surely be suspended after my second bombshell in 24 hours, another fake sheikh exposed, but this is the AIM sewerr somaybe not.I deal with individuals who enabled this and name them and say why they should not have been in a position to enable this and have some ideas for the FCA, after its recent statement, on Quindell and other frauds.

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GBO
GBO

FCA launches lawsuits against Globo bosses Costis Papadimitrakopoulos and Dimitris Gryparis – all hail the FT not! Gabriel Grego cites the main journalist hero

After a six year investigation the FCA has finally launched lawsuits against the CEO and CFO of the £300 million Greek fraud Globo, once a poster boy of the AIM sewer. The company raised more than £100 million in debt and equity but was a complete fraud, going tits up in 2015. You may remember …

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Stuart Ashman, Steve O’Hara, posh PR bird Melanie, and scumbags Cenkos – institutional investors my arse!

As predicted HERE the print going through late on Friday was Optibiotix (OPTI) dumping £2 million worth of Skinbiotherapeutics (SBTX) at 55p. I told you that this would happpen weeks ago producing more bluster and fake denials from all involved. Fuckers! The release this morning insults the intelligence of we loyal shareholders in both companies yet again. Stuart, Steve, posh PR bird Melanie Toyne-Sewell and the scumbags at Cenkos do you think we are idiots? You treat us as if we are.

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QPP
QPP
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BREAKING: King of the fraudsters Rob Terry in the clear, USELESS Serious Fraud Office closes Quindell enquiry

After six years, the Serious Fraud Office appears to have dropped the enquiry into the king of the fraudsters Rob Terry. This is a damning indictment of the SFO though Terry will maintain it proves his innocence. I despair. Quindell was a fraud. It lied to investors. Its accounts were bent. It engaged in crazy related party transactions which allowed a series of hoods to make tens of millions of pounds but the SFO cannot get a case together. Watchstone (WTG), which is the new name of Quindell, has just announced:

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Bearcast
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Tom Winnifrith Bearcast: the short, medium and long term stinks at Eurasia that COULD make it AIM's second £1bn+ scandal

Quindell (QPP) was the first. Maybe there has been another, Anyhow I look in great detail at Eurasia Mining (EUA) but akso at a spoof from cash strapped Verditek (VDTK), more on Union Jack Oil (UJO) and signs of trouble at mill for Colin Bird and Bezant Resources (BZT).

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BREAKING BOMBSHELL: Supply@ME Capital - is CEO Alessandro Zamboni dumping his entire holding via an undeclared Equities First type deal

You may remember the Equities First Holdings (EFH) scandal which we did so much to expose? Fine chaps like the fraudster Rob Terry of Quindell (QPP) would take out a loan at a big discount to the value of shares pledged. They did not care as they knew the shares were way overvalued. The “lender,” EFH, would dump the stock at once so locking in a profit and when the shares fell a bit more the borrower would default. Easy! How to dump your entire holding in a worthless company while saying you were not. A document filed at Companies House, below, but natch not admitted to via RNS suggests the CEO of the fraud Supply@ME Capital Alessandro Zamboni has (again) been reading the Rob Terry playbook.

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ZOE
ZOE

Why does the fraud Zoetic not sue Tom Winnifrith for libel? The morons get an answer!

This issue seems to be confusing some of the morons who own the humungously overvalued shares in the fraud Zoetic International (ZOE). And so I shall explain why. I shall make it simple as those who are confused are themselves simple and so there will not be too many long words. Before I start, I explain why Zoetic is a fraud.

Bearcast
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Tom Winnifrith Bearcast: More bull market madness and smoke and mirrors

It’s a personally difficult day as I explain. But at least we have great news on the Rogue Bloggers for Woodlarks front as you can see HERE. Then I discuss shares, ref Tern (TERN), Quindell (QPP) and the fraud Supply@ME Capital (SYME).

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VRS
VRS
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A golden rule about companies that threaten legal action

Of course, there are some instances when it is appropriate to take legal action against some critic. If, for instance, the attacks are against wives and children, there is a threat of actual body harm or the allegations are just so outrageous (paedophilia for example) then a company might justifiably take action. But simply to bring in lawyers, who are always expensive, to try to silence someone who criticises a company’s business model, or its valuation, is a monumental red flag.

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Bearcast
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Tom Winnifrith Bearcast: for Colin, Matthew and both their dogs - enjoy!

I start with two bits of civic duty today. I end with an appeal to those of you ( 90%+) listening who are yet to donate to Rogue Bloggers for Woodlarks – we are now at over £19,000. Help us get past twenty please by giving HERE. Then I have a warning of “incoming” for loathsome Neill Ricketts at Versarien (VRS), discuss Trevor Brown and then at length Bidstack (BIDS) and its clear rule-breaking. Then Verditek (VDTK) – looking more and more a zero – Watchstone (WTG) – Quindell as was and the jail cell waiting for Rob Terry, today’s update on that.

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ZOE
ZOE

A lesson for morons owning Zoetic, Supply@ME Capital etc - a tweet that did not last well from 2013

Folks owning shares in frauds or Bulletin Board Morons always, for a time, crow at the stupidity of ShareProphets as such stocks, like shooting stars, can rocket before the final collapse. Natch shareholders do not see this. They are convinced that ShareProphets and its writers are shorting, which we are not and that temporary share price strength is a sign that they are right. Here, for such folks, is a tweet from a moron called Spencer Freeman who used to plague me seven or eight years ago.

Crime-Scene
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The FCA needs less woke virtue signalling by promoting failure and more diversity, it needs to hire some crooks

The FCA has clearly failed investors on am serial basis over many years: Woodford, all of those mini-bond disasters not just London & Capital Finance, Quindell, the list goes on and on.  So now under new CEO Nikhil Rathi there is claim that it is getting its act together. Frankly, this is woke cobblers, it is rewarding failure, it is not changing a culture of smug and holier than thou incompetence.

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Clown
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Shameless Jeff Prestridge screams about Woodford again but FCA statement makes it clear there will be no comeback

For 20 years Jeff PressTrip built his name at the Mail on Sunday with his exclusive chats and scoops from Neil Woodford. The quid pro quo was that he blew the man off in print once a fortnight and he ensured that Mail on Sunday Readers ALL owned shares in the doomed Woodford funds. Even a day before Equity Income was gated, the Mail on Sunday urged its readers to show faith. But the corrupt old bastard (PressTrip not Woodford) wishes us to forget that and today again rails against his ex-mate saying how disgraceful is his planned comeback.

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Clown
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Captain and Corporal Hindsight - reflections on Neil Woodford

As ShareSoc attempts to push more folks mugged by Neil Woodford into backing a legal claim not yet launched by a firm that made its name suing the British Army over false allegations of brutality in Iraq, a claim that will not be launched for many months if at all, rather than one launching within weeks HERE, it is hosting an event “Neil Woodford, Reflections, Redress & Reform. Its star speaker on Reflections is not one of the three journalists who exposed Woodford with more than 1000 articles from 2015 onwards. Nope it is Captain Hindsight. His colleague, Corporal Hindsight is not attending.

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Boom
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SHOCKER: Buy2LetCars.Com – another massive high yield investment accident regulated by the FCA waiting to happen?

At what point will the Government and MPs wake up to how useless the FCA is? I first warned a leading figure, Sir George Young (now Lord Young), that it was asleep at the wheel – with regard to the £3 billion Quindell fraud – back in 2013. The complacent old fool assured his errant step-nephew and second cousin that the regulator knew what it was doing and I had no need to do anything more.  Of course it did not. Belatedly, MPs are waking up to the failings of the FCA with regard to London & Capital Finance but there have been a stream of other mini-bond disasters where I have issued explicit warnings over two years and the FCA has done BUGGER ALL to stop them from continuing to raise funds. Some have already gone tits up so losing vulnerable savers hundreds of millions of pounds. Others are car crashes in waiting. I am so angry at the FCA for letting down those who are most vulnerable.

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25 years of fraud and failure at Eden Research & the Stock Exchange loves it up – I give up, I am a dinosaur

In its 25 year history, Eden Research (EDEN) has only ever reported one six month period when it made a profit. And that was down to a Panama Pump accounting fraud involving Terpenetech. But today its shares are racing ahead thanks to an endorsement from the London Stock Exchange (LSE). I despair and ponder retirement.

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IES
IES

How did the companies presenting at the ShareProphets shares conference in May do in terms of share price?

Thanks to reader Paul we have an answer. Normally companies presenting at such events, as they pay to do so, do not always deliver in terms of share price gains. In fact Ed Croft of Stockopedia claims they always do the reverse, they underperform.  That would be unlike big calls from Stockopedia, which tipped Wirecard as a storming buy 2 days before what was obviously Europe’s largest fraud went tits up and also said Quindell was one of the cheapest shares on AIM. Did I mention Globo, Ed had that as a big buy too before it became a zero. Anyhow back to our show in May…

VRS
VRS
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Neill Ricketts Christmas Carol part 2

Try as he wanted, Neill could not quite rid his mind of thoughts of that ghostly apparition, the ghost of Christmas past. He tried counting sheep. But more and more of his shareholders kept running away. So he tried to count RNS statements about bogus deals and collaborations that had never amounted to anything. He started with non-deals from 2013 and this game kept him going for a good three quarters of an hour but at some point in mid 2017 he lost count. And at that very moment, the windows once again burst open and the room was filled with freezing cold air.

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Elecosoft - not only has the main guy gone but also, for reasons unexplained, the auditor has changed. More Red flags vicar?

As you know we  have been big bears of AIM promote Elecosoft (ELCO). There were so many red flags when we published a major bear report HERE including Stockopedia of Wirecard, Globo & Quindell infamy having it as atop pick, Vox Markets promotion and highly aggressive accounting. They mounted when ElecoSoft started threatening legal action. Since then the chairman and founder has walked and now this.

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QPP
QPP

Photo article: a slimline Rob Terry of Quindell - crime DOES pay

If you lost money on the £3 billion Quindell (QPP) fraud it might be better to look away now.  Welcome to Hampshire Life, a publication which describes the king of the fraudsters, Rob Terry, as an “entrepreneur.” The latest issue features an article with a picture of Rob, showing that it is not just his investors who have lost a few pounds, his charming young wife Tracey and their champagne producing vineyard.  Meanwhile the SFO Investigation continues…

Bearcast
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Tom Winnifrith Bearcast: Now Quindell (Watchstone) sues KPMG - this is bonkers, it should be thanking it!

I start with a personal message as to why there may or may not be a break in bearcasts over the next few days. Then it is onto how Watchstone (WTG) – Quenron (QPP) as was – is suing KPMG. This is bonkers. KPMG has made Watchstone shareholders far richer than they should be. I explain that and then discuss how if I was in charge and had a time machine, we would have stopped this fraud ever happening. Without the time machine, what would I do now? 

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Supply@ME Capital – too many of its supporters live in a new media sewer & a question for Clem Chambers

I am sure that most shareholders in Supply@ME Capital (SYME) are ordinary decent folk. Maybe they are a bit gullible but they are not bad folks. But over on the ADVFN and LSE Bulletin boards, the worst of humanity is on show.

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QPP
QPP
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Quindell-loving clown Tom Dobell “resigned” by M&G – another disastrous call by Hargreaves Lansdown

To be fair to Tom Dobell, his first ten years running the M&G Recovery Fund were pretty spectacular. That was partly because the market tanked as he arrived and then bounced back. Corks, waves etc but still his record was impressive. Today that all seems a long time ago with news that he is being resigned at Christmas.

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Clown
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After its Wirecard triumph what does Ed Croft’s Stockopedia make of Mystery Company A?

Tipping as a major buy, shares in Wirecard, Europe’s largest fraud and a company every bear on the planet had called out as a fraud, 48 hours before the stock collapsed was perhaps not the greatest day for Ed Croft and Stockopedia. Even worse than the days when the system rated the Globo and Quindell frauds as massive buys. So maybe Stockopedia can redeem itself with a call on mystery Company A which has filed its accounts for calendar 2019.

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Bearcast
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Tom Winnifrith Bearcast: BREAKING, the first member of the Quindell crime gang to face legal action - it should be this week

A source who is 100% reliable tells me that the first member of the Quindell crime gang to face legal consequences will discover the good news this week. I shall keep you posted but I am in the right place to secure barrels of ouzo with which to celebrate. Elsewhere, I discuss Eqtec (ETQ) and why an eminent poster on our comments section is wrong to give it a clean bill of heath regarding its fraud. I debate valuing stocks in relation to NAV with respect to mining stocks and investment companies and I explain why it is different. I look at Cineworld (CINE) and bid rumours, Supply@ME Capital (SYME) and lunacy, and at the atrocious results from Versarien (VRS) and its startling admission re its illegal taxpayer loan. I also discuss why I am not panicking on gold and the gold shares I own.

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Clown

Notes from Underground - Most read articles for the week ending 8 August 2020

The most read non-Tom article this week is Centamin – cracking Interims & a dividend hike to pay for the Ouzo by Nigel Somerville is at a decent number ten or number 18 including Bearcasts and Tom’s new shareshow. TW Note it is not. Look at No 1!

QPP
QPP
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Jew-hating, journalist-smearing, Quindell-owning moron David Dunham still trolling Tom Winnifrith 6 years on

Someone who does not have a Shareprophets subscription (so cannot see what I write or hear what I say) has been in contact to abuse me. The name rang a bell. David Dunham, Daveycaferacer. His latest missive reads:

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Bearcast
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Tom Winnifrith Bearcast: I will appear in court for PWC if asked to defend £63m joke Quindell claim

I start with a few notes on Covid hysteria, referring you to my earlier piece on perceived death rates HERE but also to research showing how pointless wearing face nappies is HERE. I look at R4E (R4E) and how Richard Jennings asks me to explain why Dr Green’s valuation of Bluebird Merchant (BMV) is a joke. I am a Good German and oblige. The shares, which I own, are – I believe – very cheap, but the analysis of Green is piss poor. Indeed it is so piss poor that the journalist-smearing old bastard should be fired at once. I look at Watchstone (WTG), Quindell as was, and its £63 million claim against PriceWaterhouseCoopers filed in the High Court today. I shall happily give evidence for PWC. I comment on Avacta (AVCT), Versarien (DOG), and Red Emperor (RMP).

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Supply@ME – Remembering the fraud Quindell and Equities First: Is this a carbon copy?

It was back in 2014 that ShareProphets nailed Rob Terry and his sidekicks after they did a stock loan with Equities First which turned out to be a discounted outright sale with an optional buyback clause, and spent a tiny proportion of the proceeds on buying a handful of extra Quindell shares. Of course, the transaction was presented to the market as them buying more stock when in fact they were selling vast quantities of shares – the killer punch being that those Equities First deals were non-recourse.

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Clown
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Has Ed Croft's Stockopedia just served up the very worst BUY call in stockmarket history? Timing is everything

No I am not referring to Ed's stock picking system concluding that the Quindell (QPP) fraud was one of the 10 cheapest shares on AIM. Nor am I referring to it rating the fraud Globo (GBO) as a 92/100 BUY.  Or to thirsty Paul Scott using the Stockopedia system to serve up classic buys like IQE (IQE) and TrakM8 (TRAK)  This gem from the Stockopedia stock picking system is an even worse call and in fact possibly the worst stock call in history.

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IQE
IQE
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IQE and CEO Dr Drew Nelson – Missive to AIM Regulation and the FCA

I have dropped a note to our good friends the Oxymorons and Chocolate Teapots, of AIM Regulation and the FCA respectively, with regard to AIM-listed IQE (IQE) head honcho Dr Drew Nelson and his recent dealings with Equities First Holdings. It seems to me to be a certainty that he has not come clean over his loan that isn’t a loan, under which he is “obligated” to repurchase the shares he sold yet these deals are non-recourse (so he’s not “obligated” at all), where we were told he had cash put aside to meet margin calls but settled one with more shares, and where his margin call appears to have been reported well after the fact – or it was not the first – when, if I understand the rules correctly, all margin call matters and any other developments in relation to his EFH loan which isn’t a loan should be reported to the market within a few days.

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WTG
WTG
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Good news: Watchstone PLC off the hook for the Quindell fraud, great news Rob Terry et al are not!

Companies do not commit fraud, individuals commit fraud. Almost invariably in recent years this has been forgotten. Banks break the rules almost no-one is prosecuted and the banks pay a fine which hurts shareholders a bit but is regarded by the corporate as just another cost of doing business. But why should shareholders pay when they have probably suffered a direct pocket book hit from the fraud anyway? This brings us to Watchstone (WTG), the company once known as Quindell (QPP), a £3 billion fraud which I did so much to expose, getting two lawyers letters, a dedicated put-down company blog and numerous other dirty tricks against me for my efforts. Sound familiar Bidstack (BIDS) morons?

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Bear
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Two stocks which are clearly slam dunk zeros

Okay, I have been wrong with such calls before. Quindell (QPP) was a total and demonstrable fraud, running on fumes and so just had to be a zero... Then along came those Aussie poltroons from Slater & Gordon, who bought most of its worthless assets, so saving Quindell but train-wrecking their own company. It happens now and again that the corporate world throws up an even bigger fool than your average Bulletin Board Moron on the LSE Asylum. Moreover, these are “challenging” times...

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Crime-Scene
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As Finablr heads for zero, NMC now says it has found evidence leading to suspected fraud – and still the FCA won’t suspend Finablr!

This morning saw a first partial ‘fess-up by Finablr (FIN) and the shares, as covered by Tom Winnifrith, duly collapsed yet again. But on good day to bury bad news, NMC Health (NMC) ‘fessed up yet again, saying that evidence leading to suspected fraudulent behaviour has now been found. Well quelle surprise, given that we were told two days ago that it appeared that some proceeds from undisclosed £2.7 billion of borrowing may have been utilised for non-Group purposes. In other words, it had been stolen!

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NMC
NMC

NMC Health – the specialists in locking stable door after horse has bolted have stepped in

Scandal after scandal, suspension, sacking the CEO, the CFO on extended sick  leave, a whole bunch of boardroom resignations, the admission that Muddy Waters was on the money but it is far worse and finally the chocolate teapots have woken up to the fact that there was something wrong at NMC Health (NMC).

SOU
SOU

Calling all Sound Energy shareholders – it is time to sack the board, can you help?

The Sound Energy (SOU) shareholder action group now has more than 300 members and speaks for 9.5% of the, in my view, almost worthless, equity. At 10% it can call an EGM and seek to oust the board. And if you own any stock in the company I urge you to contact me at tomat49@gmail.com NOW and here is why….

VRS
VRS
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Versarien - William Battrick is the man to follow & the missing TR1

Who the hell is William Battrick you say? Easy, he was one of the founders of Versarien (VRS) and so knows the company better than most folks. Indeed William was a director up until 10 March 2016. In 2015 he helped ramp the shares, buying 54,000 at 17p to take his holding to 7.69 million shares, 7.3% of the then equity.

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VRS
VRS
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How did Bobbie Hilliam of Quindell infamy sign off on this China junk from Neill Ricketts & Versarien?

We know that Bobbie signed off on most of the untrue and fraudulent releases issues by Quindell (QPP) so perhaps he will sign off on anything? But the February 4 2019 RNS from Versarien (VRS)? Really?

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VRS
VRS
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Letter to AIM Regulation: Versarien Breaches of Rules 10 & 11 & sanction of Bobbie Hilliam

Versarien (VRS) has today issued an RNS which suggests that its Nomad, Bobbie Hilliam at Canaccord, has allowed it to drive a coach and horses through AIM Rules 10 and 11. I have written to the Oxymorons at AIM Regulation asking that Versarien and Hilliam be sanctioned and that it force the company to issue a clarifying RNS.

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VRS
VRS
PREMIUM CONTENT

Versarien says it comes clean but it does not! A scandalous RNS that stinks to high heaven

Jeepers I know that Bobbie Hilliam signed off on most of the fraudulent releases made by Quindell (QPP) but how on earth has he signed off from today’s cobblers from Versarien (VRS) which may impress the morons but should set alarm bells ringing.  The issue is cash.

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VRS
VRS
PREMIUM CONTENT

Versarien: now about that tyred old deal? Boom Boom Geddit?

When forced to fess up on 21 January 2020 that its, much RNS vaunted,  US hub was in fact a serviced office with no staff, cash strapped Versarien (VRS) tried to sugar coat the pill by referring to discussions with a leading US tyre manufacturer. That rang a bell. For whom the bell tolls, etc, etc.

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VRS
VRS
PREMIUM CONTENT

This is so easy: here is another shameless promote of zero substance pushed by Neill Ricketts and Versarien: Zap & Go

If you are an AIM listed company and want t tell lies via RNS your go to Nomad must be Bobbie Hilliam of Cannacord. Hilliam signed off on the RNS statements by Quindell that enabled Rob Terry to commit fraud. Now he is in charge of Versarien (VRS) which has also told repeated lies via RNS.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: well done Mark Slater (I think)

I think Mark did the right thing at the Future (FUTR) AGM but do not know as my friend might be a former friend as he does not seem to be speaking to me. I cannot think why.  I discuss this and what next for Future. I announce a 4th Rogue Blogger for Woodlarks and as we hit 2% of target beg you to sponsor us HERE. I discuss the strange lack of news from the stricken Gervais Williams Smaller Companies Fund and what it means then look at Eurasia (EUA) en passant, Miriad (MIRI) in some detail and the horrible problem poor Bobbie Hilliam of Quindell (QPP) infamy faces with Versarien (VRS) after today's shocking expose. 

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VRS
VRS
PREMIUM CONTENT

BREAKING: Versarien – so how is the launch of mobile phones and tablets with Phonedevil Ltd going? Another lie exposed

As part of the ramp of Versarien (VRS) shares in the summer of 2018 ahead of the September bailout placing, the company announced a string of exciting deals. Hmmm.  Given that revenues from graphene are still negligible maybe it is worth hapless Nomad Bobbie Hilliam of Canaccord asking a few questions. He would not want to get caught with his trousers down as he did with the Quindell fraud would he? Take the 18 June 2018 RNS “Collaboration agreement with MediaDevil."

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Playing the Chris Akers game & another Versarien question for Bobbie Hilliam of Quindell infamy

In today's podcast, interrupted by the pest Lucian, I look at Chris Akers and what he knows about Dev Clever (DEV), at Versarien (VRS) and an RNS from February 2017 which I urge its hapless Nomad Bobbie Hilliam at Canaccord to consider carefully as his client runs out of money again, at Andalas (ADL), Eurasia (EUA) and Tesla (TSLA). I consider the woes of Bidstack (BIDS) and a company with even less money, the curious trading statement from Zoetic (ZOE) and then do the maths, again, on UK Oil & Gas (UKOG).

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VRS
VRS
PREMIUM CONTENT

Versarien – I am sorry to be a LinkedIn pedant but the company really needs to come clean

Versarien (VRS) insists that it has one full time employee in the United States, a Mr Brian Berney. But does it?

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VRS
VRS
PREMIUM CONTENT

Letter to AIM Regulation – Versarien (again)

Two days ago Versarien (VRS) was forced by AIM Regulation, following a complaint by me, to ‘fess up that its much vaunted US “hub” was in fact an empty serviced office where nobody works. But in that ‘fess up RNS it made another claim which may or may not have been verified by the hapless Nomad, Bobbie Hilliam of Quindell infamy, now working at Canaccord. Thus, I have again written to AIM Regulation as you can see below.

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VRS
VRS
PREMIUM CONTENT

Letter to AIM Regulation – Versarien again and another misleading RNS

AIM Regulation has now acknowledged my complaints about the secret chatroom inhabited by Versarien (VRS) boss Neill Ricketts and his disciples where Neill told them what to post on Bulletin Boards and where the disciples discussed how to get around insider dealing rules and how to attack me. The complete radio silence from Ricketts since then suggests that investigations are very much ongoing. In that vein I have another matter to raise with the regulators, that of possible investor deception. My letter just sent is below.

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VRS
VRS

Bulletin Board Moron of the week contest: In honour of Neill Ricketts

Just for one week, the contest is being brought back at the request of reader Juicin. The rules are slighty changed in honour of Neill Ricketts of Versarien (VRS). What we are looking for is the most moroniic comment on shares on the LSE, iii or ADVFN Asylums or twitter. But this week you can also add in comments on the private Discord chat room where Ricketts tells lies to investors without his Nomad, hapless Quindell loving Bobbie Hilliam at Canaccord, knowing anything about it! The deadline for entry is midnight on Sunday 12 January ( my birthday). Entries in the comments section below.

Top-10

Notes from Underground: The most-read stories of the week, and what shares do you think we should be covering?

This is another situation where I ask for valuable feedback from our readers and Tom will add an editor's note reading something like "Darren is being utterly mad."

VRS
VRS
PREMIUM CONTENT

Neill Ricketts of Versarien in bizarre twitter spat - his Nomad must be livid

Neill Ricketts has already had one bollocking from his Nomad after his twitter comments forced, thanks to my efforts, his Nomad to force Versaien (VRS) into issuing an RNS "to clarify". But the poor old Nomad must be livid after this spat last night. Remember that results are on bury bad news on General Election day. It started when Neill did not like a tweet from a chap called EasyBrent to which the shameless ramper responded...

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Myself and Olive harvester T2 have an idea for a Quindell reality TV show, whaddya think?

The penultimate day of the Greek Hovel olive harvest saw the three remaining harvesters slaving away until it was almost completely dark. One more day to go and then I shall be free to write a bit more. Pro tem I have a few thoughts on the Quindell (QPP) fraud and also on IMC Exploration (IMC) a dog that should be taken out and shot at once. Its sampling news today was utterly risible.

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Beggar

Naughty Ed Croft of Stockopedia – whatever happened to GDPR?

Ed Croft of Stockopedia has yet to answer my question on how his system which rated the fraud Quindell (QPP) one of the top 10 stocks on AIM to buy and the Globo (GBO) fraud a 92/100 buy, rates THIS company. Instead I receive a mailing seeming to come from Company REFS which is now owned by my old friend Mark Slater. It gushes underneath a Company REFS logo:

EUA
EUA
PREMIUM CONTENT

Meet The AIM Clown - additional evidence that the biggest morons on AIM now own Eurasia

@THeAIMClown is long of Eurasia Mining (EUA) though he doesn't declare as such as he drones on ad nauseam about how cheap its shares are. But he demands to know on twitter of, the wrong, Gary Newman and myself if we, our families, friends or associated parties are short. Where to start?

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QPP
QPP

Top 50 most-read articles and podcasts on the Quindell fraud - this is going to get very topical again soon

A couple of conversations last week make me convinced that the day when the SFO brings the Quindell (QPP) fraudsters to book for what was a £3 billion con is not that long away. We know that the fraudster in chief, Rob Terry, emerged terrified from his second interview with the SFO in July, as I revealed HERE, and that the SFO has been on the case for almost six years. I believe the wheels of justice are finally starting to turn and in that vein bring you a reminder of our 50 most read articles and listened to podcasts on AIM's biggest ever fraud. I should also say that new documents have fallen into my possession that the authorities do not yet have. They will get them this week AFTER I publish them here as they are explosive. Meanwhile back to the top 50. Enjoy!

Crime-Scene

Reader Poll on FCA & SFO (in) action – which will happen first?

It is quite clear that regulators in this white collar crime infested land are useless. Yesterday I flagged up a £12 million and increasing boiler room operation in the City of London that the authorities will do nothing about. So just for fun which of the following will happen first:

POS

FCA Staff engaged in theft and shitting on floor as investors get hit by scandal after scandal

The Evening Standard has got hold of a shocking memo from the Financial Conduct Authority's chief operating officer Georgina Philippou in which she said she was “appalled about the incidents of bad behaviour towards our building and colleagues.” It gets better...

Clown
PREMIUM CONTENT

So how would Ed Croft & Stockopedia rate mystery Business A

Having called the mega fraud Quindell (QPP) out as one of the 10 cheapest stocks on AIM and rated the fraud that was Globo as a 92/100 mega buy, the Stockopedia system of Ed Croft is obviously brilliant. Right now Ed is claiming his system predicted the Neil Woodford collapse. Of course it did not but after the event it should have/could have/might have. It is not quite the same as I explained HERE. So here is a clincher for Ed - how would his system assess the worth of mystery company A?

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Hey Ed what scandal are you going to "predict" next? Bernie Madoff? Enron?

I start and end with a request that each Bearcast listener backs the Woodlarks Christmas appeal. Even £2 each and we'd be there. So go on donate now HERE. Then it is onto reports that the stricken Woodford empire may be selling £500 million of healthcare stocks. But at what price? Then it is onto how Ed Croft of Stockopedia, the company that flagged up mega fraud Quindell as one of the top 10 AIM stocks to buy, is claiming to have "predicted" the Neil Woodford scandal. Of course it did not but no doubt this persuades more folks to sign up to Ed's flawed system.  Then I crow as I discuss Nanoco (NANO) which I called out as long ago as 2015 and discuss where next for Bahamas Petroleum (BPC) as its open offer flops.

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HL
HL

Aussie poltroon ambulance chasers Slater & Gordon to take on Hargreaves over Woodford

There are some contests where you want everyone to lose: The FSA vs ISIS vs Hezbollah in Syria, the Democratic primary once Tulsi Gabbard pulls out, a tournament involving the English rugby team and the German and Argie soccer teams. You get my drift. And that brings me to Aussie ambulance chasing lawyers Slater & Gordon (SGH) of Quindell infamy. I have a word of advice for S&G.

Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: A triumph for Watchstone, the company formerly known as the AIM Mega fraud Quindell

i bet Watchstone (WTG) directors chant "can we play you every week?" when they meet the poltroons who run Aussie listed Slater & Gordon (SGH). I discuss the latest news and where it leaves both companies. Then I look at Purplebricks (PURP), Amur (AMC), you cannot be Sirius Minerals (SXX) and finally Big Dish (DISH). I start with a generous offer to you all! And PS. Make sure you watch Panorama tonight.

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DAN
DAN
PREMIUM CONTENT

GOTCHA! Another win for the Sheriff of AIM: Peter Shea of Daniel Stewart, Quindell & China fraud infamy no longer in financial services. Its official!

Before it went bust, City advisor Daniel Stewart (DAN) was one of the firms that made the grave mistake of sending me a fascist lawyers letter. Natch I told it to get stuffed. The brother of boss Peter Shea threatened to beat me up but when I pirched up outside his firm's Christmas Party a few weeks later he scuttled away like the coward he is. Daniel Stewart floated the mega fraud Quindelland numerous China frauds, covering up for firms like Naibu even after it knew it was a fraud.  Our extensive coverage of this company and of its boss Peter Shea continued even as he tried new dodgy tricks this year as you can see HERE. But now we have good news, as you can see below...

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Crime-Scene
PREMIUM CONTENT

Truly Gamfooked – a China fraud, IPO to delisting in less than 9 months

Gamfook was a Jersey Registered China play. That is always a good sign it was a fraud. It listed on the NEX lobster pot on Christmas Eve 2018 with Daniel Stewart, a firm with a fine history of floating frauds both British (Quindell) but also Chinese.  The tale of what happened next is a scandal.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Recording with an audience but I can't tell you why

All will be revealed soon. Meanwhile I discuss Eddie Stobart (ESL), Circassia (CIR), Thomas Cook (TCG), Amur Minerals (AMC), Neil Woodford and Watchstone Group (WTG), Quindell as was.

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Newsboy

Notes from Underground - The World’s Largest 10 Economies in 2030

Right now, we're number seven by GDP in the world economy leaderboard. By 2030, we'll be far down the list and number seven will be taken by Egypt. This is a prevocative prediction for only 11 years.

Iconic shareholders are morons: see you in Court Bitchez

Anyone who owns shares in a company that tells demonstrable porkies, via RNS, is by definition a moron. And, after events this week, that clearly includes shareholders in Iconic Labs (ICON). But they do not like the demonstrable falings of Iconic being pointed out to them and a small band of lunatics have taken to twitter to attack me.

Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: It is not the article about the man with the 10 inch cock that matters

Warning: Do not play this bearcast in front of children or folks of a sensitive disposition. In the podcast I reflect on why the Welsh Hovel is currently like Hell on Christmas Eve. I cover the exact role of the house broker on the AIM Casino, i3 Energy (i3E), Quindell (QPP), Providence Resources (PVR), RiverFort Global (RGO) and Iconic Labs (ICON).

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PREMIUM CONTENT

Diversified Gas & Oil plans move from AIM to Main market… so did Avanti & Quindell

Diversified Gas & Oil (DGOC), the largest oil company on AIM and an enterprise whose accounts are being scrutinised by the FRC for a wholesale breach of IFRS guidelines, has announced it plans to move from the Casino to the Premium segment of the Main Market of the London Stock Exchange in Q1 2020. Both Avanti (AVN) and Quindell (QPP) made similar promises to try to keep their shares afloat. Neither actually made it off AIM as promised although, several years later, an almost bankrupt Avanti will be delisting altogether.

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I3E
I3E
PREMIUM CONTENT

I am sorry but my friend Gary Newman is just plain wrong

Gary Newman is a fine chap and a fine writer who I am delighted to have as a colleague. But I must take him to task for a tweet he sent last night where he is just plain wrong. The subject is i3 Energy (i3E).

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QPP
QPP
PREMIUM CONTENT

The Court papers showing how Quindell lied to investors ahead of the Slater & Gordon deal

I have already covered the laughable claim made by Watchstone (WTG), Quindell as was, against Slater & Gordon (SGH). Watchstone has made great hay about the conterclaim which ithe gophers of the deadwood press have swallowed hook, ine and sinker. But the actual court papers, below, are damning for Watchstone/Quindell. 

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Tom

FREE Podcast: ShareProphets Radio Edition SEVEN with Tom Winnifrith - Matt Earl is explosive

In this seventh edition of the ShareProphets Radio podcast sponsored by Turner Pope, this week, in order I discuss why Burford scrutiny is so welcome then interview Matt Earl, the Dark Destroyer, on Avanti (AVN) , Burford (BUR), IQE (IQE), First Derivatives (FDP), Versarien (VRS), Quindell (QPP)) and Kerry Group. After a few more thoughts from me on scrutiny of smaller AIM stocks I interview Steve O'Hara of Optibiotix (OPTI) and then discuss one area where I disagree with him on strategy.  If you like this and can't wait seven days for more of the same you should listen to my Bearcast every day.

QPP
QPP
PREMIUM CONTENT

Breaking: Rob Terry has now been interviewed twice by SFO – the five Quindell names in line for probable arrest soon

A source acquainted with the Serious Fraud Office Investigation into Quindell (QPP) now known as Watchstone(WTG)  has confirmed that the fraudster in chief Rob Terry has now been interviewed by the Serious Fraud Office twice, the most recent time being in late July.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: The Deadwood press is institutionally corrupt, case study Sunday Times & Quindell today

Liam Kelly of The Sunday Times spins for Watchstone (WTG) in a terribly dishonest way becuase it has been shown an email relating to the Quindell (QPP) era and Slater & Gordon. I will have a real Quindell scoop in a couple of hours not dropped by a PR but coming on the back of real hard work. That is my 6th Wedding annoversary present to myself. All is discussed in today's podcast.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: IQE Timber! (Next week)

I start by discussing an interview with Matt Earl for the next Shareprophets Radio show. It will be up later and will knock your socks off. I look at IQE (IQE) and warn you all. I defend myself against an attack on my share tips from pompous twit NoGold. I look at Watchstone (WTG), Quindell as was in light of today's laughable news and also at Thomas Cook (TCG), which is still 80%+ overvalued.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Time to fecking panic? If you hold shite yes! Time to write to Burford's Nomad, AIM Regulation etc

A bit better, only 1 coughing fit in 25 minutes. Thanks for all your best wishes. In today's podcast I discuss the threat of recession and what it means for your portfolio, a grilling for 'Arry of Kefi (KEFI) for you to take part in, all things Burford (BUR) with references to Avanti (AVN) and Quindell (QPP) and why I'm writing to the Nomad and AIM Regulation this weekend and Corero (CNS) which is a true shocker in every respect. We did warn y'all!

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BUR
BUR

Breaking: We publish the Gotham City Dossier on Burford - it is a damp squib

We said on Friday that our fellow Quindell (QPP) exposers Gotham City would publish a Burford (BUR) Dossier this weekend. Limp dick deadwood press PR cocksucking journalists, notably at the Sunday Times, published exactly the same story as "news" on Sunday. And they wonder why serving up very sloppy seconds, copied from internet sites,  sees their readership numbers continue to fall? Anyhow the Gotham dossier is live and we republish it in full below. To be honest it is a bit pompous and self praising but when it comes to hard analysis it offers little new.

Newsboy

Notes from Underground - Burford runs the length of the leaderboard

Wow. if one excludes ShareProphets radio, Seven out of the top 10 stories were Burford, including the top four. If this stories isn't worth your monthly subscription fee, I don't know what is.  Our number 2 story was a Friday scoop for Tom. The Sunday Times today reports it as big "news"....only two days off the pace at the deadwood press..

VRS
VRS
PREMIUM CONTENT

Versarien: Letter to Nomad Canaccord and AIM Regulation re share dealing by boss Neill Ricketts

Yesterday AIM uber-ramp Versarien (VRS) was forced to issue a statement about a tweet posted by its boss Neill Ricketts the day before as a result of Thursday's bearcast and an email I'd sent to regulators that day. But the response itself is nonsensical and raises the very real question of whether Ricketts sold shares in April while sitting on inside price sensitive information. I have thus sent another email to regulators at AIM Regulation (the Oxymorons) and to Bobbie Hilliam of Quindell infamy who acts as Nomad to Versarien at Canaccord.

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BUR
BUR

BREAKING: Gotham City set to issue Burford short dossier this weekend

Welcome to the party Daniel Yu and Gotham City, such valuable allies in our takedown of the Quindell (QPP) fraud.

BUR
BUR
PREMIUM CONTENT

FRC asked to investigate Burford Capital and auditors E&Y over 6 years of accounts - formal enquiry needed

As you know the Financial Reporting Council are big admirers of my work most recently thanking me for nailing First Derivates (FDP) HERE but inter alia, commending me for my work in exposing the Quindell (QPP) fraud HERE. As such I have been in touch asking that the FRC open a full investigation into the accounts of Burford (BUR) which, I believe, require a material restatement.

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IQE
IQE
PREMIUM CONTENT

IQE – In the dock as the Equities First scandal re-emerges with an incomplete and therefore misleading statement

We have not heard from Equities First Holdings (EFH) for a while, but regular ShareProphets readers may remember the scandal which emerged five years ago whereby directors of AIM companies announced they were buying shares when, if fact, they were selling vast numbers of them to EFH with the right, but not the obligation, to buy them back. Such fine enterprises as Rob Terry fraud Quindell (QPP – now Watchstone), Igas (IGAS, under Andrew “piggy” Austin), Cloudbuy (CBUY), Angle (AGL), Optimal Payments (OPP) and, of course, IQE (IQE) were all dragged in. Well now Drew Nelson, CEO of IQE has done another deal with EFH – and the announcement stinks. Has the company learned nothing from last time, when all of the above companies had to restate and restate again?

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PREMIUM CONTENT

Goals Soccer Centres – the scale of the fraud starts to emerge, staff must surely face jail time

If the Quindell fraudster Rob Terry is, this morning, wondering who his roomie will be when he goes down, perhaps he may be able to discuss accounting fun and games with a member of staff from Goals Soccer Centres (GOAL) which has today fessed up to the scale of its problems as it admits its days on AIM are almost over.

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QPP
QPP

BREAKING – Rob Terry walks away from public life – did the SFO pounce on the Quindell fraudster last week?

 We know that the Serious Fraud Office investigation into the Quindell (QPP) mega fraud is well advanced. Is this a sign that it is about to get really interesting?

VRS
VRS
PREMIUM CONTENT

Versarien – market abuse? Insider dealing? Or just shameless ramping?

On Wednesday Versarien (VRS) held a 'Transport Infrastructure Technology Preview Event' for 12 'randomly' chosen investors.  The whole episode stinks and the hapless Nomad, Bobbie Hilliam of Quindell infamy, now at Canaccord, should be forced to issue a statement

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Versarien is not the new Quindell, it is not a fraud but it will end in tears

I start with a look at how well meaning Government intervention in the free market can often have dire economic consequences. then in light of 24 hours of abuse from Neill Rickets and his cultist followers I look at some of the Versarien (VRS) Red flags. 

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VRS
VRS
PREMIUM CONTENT

BOMBSHELL: Versarien is its US oil graphene order a total spoof? A hard look at the maths – what it won’t tell you

Yesterday, shares in Versarien (VRS) raced ahead by 10% as it announced an order with an (un-named, natch) US oil and has explorer for 12 kg of its high purity graphene nano platelets (GNP-HP) integrated into a polymer masterbatch by Neill Rickett’s great British Company. But the RNS did not spell out the value. And doing his, almost, weekly ramp on Justin the Clown’s promotional limp dick podcast he again refused to say. So here is some hard maths: I suggest this order may be a spoof.

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BUR
BUR
PREMIUM CONTENT

A senior accountant looks at Burford Capital

With the added bonus that kiss of death. disgraced fund manager Neil Woodford is a major shareholder, the bears are certainly sniffing around litigation funding giant Burford Capital (BUR). Our own Nigel Somerville expressed his concerns here. One bear (Paddington) has asked if this is the new Quindell (QPP) in terms of revenue recognition. So I asked a former partner of a big 4 accountants to review the 2018 accounts. He notes:

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VRS
VRS

The Sheriff of AIM gets yet another scalp – Patrick Abbott & Versarien: GOTCHA!

The demented Bulletin Board and twitter followers of Versarien (VRS) boss Neill Rickets claimed the court documents I published HERE covering two fraud charges were false. Or that I had the wrong Patrick Abbott. Or that I was just making it all up to please my masters in the global shorting conspiracy.As ever the morons were wrong. Versarien has finally bowed to our pressure and let Abbott, who was only appointed a few months ago, go as head of its US operations.

IQE
IQE
PREMIUM CONTENT

Ouzo O’clock in North Wales, misery in the valleys as IQE warns (as predicted)

The Sheriff of AIM is surely entitled to a celebratory breakfast ouzo at his hovel in North Wales? On Wednesday I flagged up a profits warning from the Krauts at Siltronic and suggested that IQE (IQE) was likely to follow. Less than 48 hours later the Cardiff dog duly barks. As a long term bear I have repeatedly warned silly sell side analysts, Thirsty Paul Scott and others that this company is a crock…once again I stand vindicated. And so to detail….it is grim.

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VRS
VRS
PREMIUM CONTENT

Liar, and alleged fraudster, Patrick Abbott of Versarien - exposed with two new court documents

Last week I revealed that the man who was to take Versarien (VRS) forward in the USA, Patrick Abbott faced two new charges of fraud which could see him going to jail for 20 years and that his lawyer had quit. Abbott, a man whose skills will be "invaluable" to Versarien according to boss Neil Ricketts, responded on twitter saying this was fake news from TW. Oh dear. The indictments are below, Patrick you are a liar.

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VRS
VRS
PREMIUM CONTENT

A Letter to Bobbie Hilliam at Versarien’s Nomad Canaccord

In light of Saturday’s bombshell revelation HERE I have written to the Nomad of Versarien (VRS) suggesting a statement is needed pronto. The letter is below.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast - IP Group is surely a stonking Woodford short as its next placing looms

In today's bearcast I comment on Quindell fraudster  Rob Terry in light of my earlier artice, I look at the FRC, PWC and Redcentric (RCN), ValiRx (VAL), Plutus Powergen (PPG) and at Neil Woodford and IP Group (IPO) which might be next to unravel as the contagion spreads.

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WTG
WTG
PREMIUM CONTENT

He’s ‘avin’ a giraffe – king fraudster Rob Terry wants to sue Watchstone (Quindell as was) for £14.7m

You could not make this stuff up.  Watchstone (WTG), Quenron as was is trying to sue its founder, the king of the fraudsters, Rob Terry and others for breach of the share purchase agreement entered into by the Company with Mr Terry and others on 28 April 2011 in respect of the sale and purchase of shares in Watchstone Limited. But now Terry is seeking to counterclaim for £14.7 million. His claim is utterly ridiculous but will waste more of Watchstone’s dwindling cash pile.

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WTG
WTG
PREMIUM CONTENT

Watchstone (Quindell as was), a Canadian legal body blow and the £18 million claim it is hiding

In the dismal annual results for calendar 2018 published on May 9 Watchstone (WTG), Quindell (QPP) as was, claimed to go into great detail on the various legal cases it faces thanks to the activities of its former boss, the King of the Fraudsters, Rob Terry. Except it didn’t. On April 11 it suffered a massive blow in a C$30 million (£18 million claim if faces in Canada from Aviva. This it omits to mention in its finals but luckily I can bring you full court documents and a release from Aviva’s lawyers below….

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PREMIUM CONTENT

Purplebricks Headed for 50p

That Purplebricks (PURP) remains above 100p after Tuesday’s announcement is surprising. With the closure of its Australian division and retrenchment in the US, the global growth story is dead, leaving the UK market as its primary focus where the going, by the company’s own admission, is tough.

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WTG
WTG
PREMIUM CONTENT

Watchstone ( Quindell as was) writes off all goodwill in the part of the fraud promoted by Gary Lineker

Today sees the publication of quite abysmal results from Watchstone (WTG), the company formerly known as Quindell (QPP). It confirms that the Serious Fraud Office investigation into the former management team led by King fraudster Rob Terry is ongoing but there is also bad news for the jug eared virtue signaller Gary Lineker who trousered £5 million from selling free shares in Quenron as the company he promoted, Ingenie, is going down the pan.

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QPP
QPP

Quindell Fraudster Rob Terry offers you his 2020 sparkling Rose at just £100 a bottle (a 50% "saving")

As the King of the fraudsters, Rob Terry, awaits the next news from the Serious Fraud Office on the Quindell (WPP) fraud he is keeping his hand in with his new venture and its sparkling wine offering, which you can  see below. Okay, Quob Park Premiere Cuvee Rose Millesime 2018 will not be ready for shiping until next year but if you order now this untested plonk will only set you back £100 a bottle rather than £200 the "target price". Just send your cheques to Mr Terry and what could possibly go wrong? Bargain!

Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast - the critical conflicts of interest that doom AIM to fail

In this bearcast I look at what a dismal failure AIM has become and examine the inherent conflicts of interest which make such failure ( for investors) inevitable. I reference Management Resource Solutions (MRS), Daniel Stewart (DAN), African Potash (AFPO), Arden Partners, Paul Shackleton, Naibu (NBU), Cantor Fitzgerald, Sefton Resources (SER), SP Angel, BlueJay Mining (JAY), Vialogy, Yourgene (YGEN), Quindell (QPP), Globo (GBO) and more. If you enjoyed this how about becoming a hero and donating to rogue bloggers for Woodlarks TODAY HERE

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: if you wait by the river for long enough...

In today's podcast I explain why Julie Meyer has spurred me to battle on, though I do consider calling it a day now and again. I look at Quindell (QPP), London & Capital Finance, Neil Woodford, and flag up that the FCA has opened or stepped up an enquiry into another company I covered in some detail. You can speculate which, more details when Winnileaks comes good.  I look at Red Emperor (RMP), IQE (IQE), Verseon (VERS) and Blue Jay Mining (JAY). If you enjoyed this, I think, profanity free bearcast, follow a bloke from the Grim North who donated enough to buy a whole house in the welfare safari and support the Rogue Bloggers for Woodlarks HERE.

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QPP
QPP
PREMIUM CONTENT

The Corrupt Deadwood Press (The Mail on Sunday), the Celeb (Lineker) and the members of the Quindell gang ride again

The Mail on Sunday and its freebie loving Personal Finance Editor Jeff Prestridge are promoting a new innovative company in telematics and insurance where the virtue signalling crisp salesman Gary Lineker is a brand ambassador and shareholder. Among Ticker’s named clients is Ingenie.. hang on does that ring a bell?

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QPP
QPP

2000 Morons who want more fraud on AIM ask parliament to ban shorting

Over on the LSE Asylum they are getting terribly excited about a Parliamentary Petition to ban shorting AIM stocks. If they can just find another 98,000 morons to sign (I’d start with the Frontera (FRR), Quindell (QPP) and Cloudtag (CTAG) shareholder lists) then this idea will be debated. Fraudsters must be praying they do...

Newsboy

Notes from Underground - I am big, it's the pictures that got small

The top ten most-read stories this week, the most popular Bearcasts this week, plus a bonus chart: World Stock Markets: 1899 v 2019.

Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Sitting here thinking about the fraudster Rob Terry of Quindell infamy

I consider what Rob Terry is doing now as I contemplate the latest threat to Watchstone Group (WTG), Quindell (QPP) as was. I look back on a few other fraud busting successes but view them as fairly irrelevant. I am more proud of my work for Woodlarks and, in that vein, again urge you to sponsor Rogue Bloggers for Woodlarks HERE.  I consider DeepMatter (DMTR), Audioboom (BOOM), Centamin (CEY), Yourgene (YGEN), Big Sofa (BST), I3 Energy (I3E) and Kavango (KAV)

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: KPMG, Grant Thornton, Pinsent Masons - you are corporate scumbags but its not you but your employees that enable fraud

Covering Quindell (QPP), Naibu (NBU), Patisserie Holdings (CAKE), Staffline (STAF), Sefton (SER) and more I look at the role of auditors and lawyers in enabling corporate fraud and what needs to change to stop this.

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DAN
DAN

Don't worry Daniel Stewart - someone still loves you...

Following my revelations yesterday the deadwood press have their knives out for Daniel Stewart (DAN) today. Maybe the CEO's younger broker did not threaten tol beat them up and they did not get fascist lawyers letters for exposing this POS, but the firm is almost friendless as it prepares for administration. I say almost...

Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: The return of Wildes, Roger Lawson and Lucky Lord Lucan

I am plagued today by Bulletin Board Morons reporting me to the FCA, by Roger Lawson and some ungracious comments on fraud busting at Globo (GBO), Quindell (QPP) and Patisserie Holdings (CAKE) and by our former in house Bulletin Board Loon who has returned to really rile me with some vile comments on the holocaust which expose him as the Jew hating vermin that he is - HERE. I comment on Angus Energy (ANGS), UK Oil & Gas (UKOG), Domino's Pizza (DOM), Feedback (FDBK), Photonstar Led (PSL), Starcom (STAR) and Cabot Energy (CAB).  Footnote, Roger is now planning to run an amendment flagging up that I did advise folks to sell/short Patisserie warning "something's not right". Roger you are a gent.

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Crime-Scene

Tom Winnifrith and Gary Newman in top four market abusers & liars on AIM - its "official", reported to FCA

Oh well that is settled then. All those frauds we exposed, all those promotes and ramps we revealed, all those RNS lies we showed to be lies, it was all a smokescreen.

Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast - 6 New Year's Resolutions

Nope Cheryl Cole is not mentioned.  But plenty of other old faves including Quindell (QPP), Globo (GBO), MySquar (MYSQ), Julie "Lingerie on Expenses" Meyer, Big Sofa (BST), Wishbone (WSBN) and Neil Woodford are. There are six resolutions. The first concerns fitness and the walk for Woodlarks where I urge you to donate HERE

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Could Watchstone, the bastard son of Quindell, be a buy?

In today's podcast I look at Tomco (TOM), Watchstone (WTG), the bastard son of Quenron, Condor Gold (CNR), dire numbers from WH Ireland (WHI) and the read across to the FinnCrap IPO, Amedeo Resources (AMED), the Sith Lord Zak Mir and Optibiotix (OPTI) and at Haydale (HAYD)

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Newsboy

Notes from Underground: Why not Quindell 2.0 if no one cares about MySquar

Once again, I stand awed that great work by ShareProphets on identifying bad eggs is largely ignored by the mainstream media, in this case MySquar.  It's no wonder that Rob Terry has the new to saddle up with Quindell 2.0.

QPP
QPP

Has Jug eared virtue signalling prick Gary Lineker got no shame? Backing the Quindell fraudsters AGAIN

As BBC license fee payers, you will be truly delighted to see how the vast pay cheque given to Gary Lineker is being spent. You may remember that the crisp salesman was appointed as brand ambassador to Ingenie, part of the Quindell (QPP) fraud, now under SFO investigation as the UK’s largest stockmarket swindle for 30 years. Lineker was given millions of pounds of free shares in Quindell which he sold onto poor investors who lost almost everything - having said he'd be a buyer. Well it worked before…

QPP
QPP

King fraudster Rob Terry of Quindell infamy announces plans for £1 billion stockmarket listing

I have got more chance of shagging Cheryl Cole than Rob Terry has of achieving a £1 billion flotation of his latest fraud but let us humour the old criminal and examine his plans for OS3 Digital Limited, formerly Knob Park Estate.

Crime-Scene

The UK Audit industry is in crisis – time for the FRC to act

Many years ago the appearance of the company’s auditors on site would send shock-waves through the work-force. Everyone would do absolutely everything by the book and mind their Ps and Qs – and breathe a sigh of relief when the bean-counters departed the scene, according to my late mum who spent a youthful period out of school working for Guinnesses in Dublin.   

Crime-Scene

Britain’s most loathed businessman Sir Philip Green accused of #Metoo Sexual harassment, racism, bullying & gagging victims and the press

The Daily Telegraph has been on this story for eight months but Britain’s most loathed businessmen has used his vast wealth to take out legal injunctions stopping the press from publishing details. However that has been blown apart by Lord Peter Hain of sleaze using Parliamentary Privilege  to name Green and Hain’s comments can now be reported. The scumbag former Labour minister has for once in his life done the decent thing and told the House of Lords today:

FDP
FDP

Tonight’s AIM awards Black-tie Dinner will nauseate more than ever but will a hat-trick of wins for First Derivatives expose this sham to one and all?

I cannot remember the last time a Northern Ireland player scored a hat-trick in an international. But tonight I am hopeful that Belfast’s finest, First Derivatives (FDP), will pick up three gongs at the annual AIM Awards crony capitalists bean-feast and do the six counties proud. Heading the charge is CEO Brian Conlon who is short-listed for “entrepreneur of the year” sponsored by Octopus Investments. The Judges will have ruled on that before we pointed out that his whole IPO was based on a fraud. It gets better…

Move over Mystic Meg, all hail Canaccord!

As avid readers of ShareProphets will know, we have been bearish on Imaginatik (IMTK) for ever – firstly for being a duff business, secondly for being a Rob Terry of Quindell infamy stock market darling and more recently because it was going to run out of cash. Despite all that, we almost tipped it as a short term play when the saintly Vin Murria was announced to be considering getting involved but were scared off big time by the share price reaction (the stock shot through the roof) and advised many times that readers give it a wide berth, partly because they would be over-paying and partly because Vin Murria could walk.

TCM
TCM

Beer & Popcorn time: The man who backed the Quindell fraudsters moves to oust Insider dealer Yosi Fait from Telit

Davide Serra is a man with a track record of terrible calls. For starters he was pals with call Me Dave Cameron. Then he stuffed other folks cash – the funds he manages – into Quindell and sent pompous missives to the FCA demanding that we fraudbusters who were pointing out the blatant fraud be hung drawn and quartered. Quite simply Serra is a fool and a prick. Natch he has bought up 5% of Telit (TCM), the company founded by the US mortgage fraudster and fugitive from justice Oozi cats, nee Uzi Katz.

WTG
WTG

Watchstone Group – H1 results argue “making good progress”. Really? And what’s the Rob Terry latest?

The former Quindell of Rob Terry infamy, Watchstone Group (WTG) has announced results for the first half of 2018, including on outlook “we are making good progress in developing the underlying quality of our businesses and their long term value whilst simultaneously resolving the group's legacy matters as efficiently as possible. We remain confident of a satisfactory ultimate outcome for our shareholders”. Hmmm…

The stupidity of UK Oil & Gas owning David Lenigas sycophants on twitter - meet Donato Perretta

I trained as an oil analyst 27 years ago and have been writing about the sector ever since. Those morons who thought they knew better, as they filled their boots with Gulf Keystone (GKP), Xcite (XEL), Magnolia (MAGP), Andalas (ADL) and UK Oil & Gas (UKOG) always thought they had greater sector experise and on twitter came up with devestating responses to my hard analysis. Meet utter fucktard Donato Perretta, a UK Oil & Gas owning moron.

UK Oil & Gas owning loons out in force on twitter- they just don’t get it

With shares in UK Oil & Gas (UKOG) flying and another £5 million raised at 2p yesterday, the loons who own this stock are out there on social media buzzing excitedly like flies who have located cow dung, once again making the most ludicrous of assertions.

Boom

BREAKING: Julie Meyer faces a whole new set of criminal charges in Malta: this time it is tax evasion. Oops.

Facing a raft of criminal charges for not paying her employees, Julie  “lingerie on expenses” Meyer  MBE has now refused to attend five court hearings and indeed has fled the island for good to avoid the Police who are now charged by the Courts with locating her. I can reveal that it is about to get a lot worse for Vince Cable’s favourite lying fraudster as new criminal charges are brought.

RDT
RDT

Rosslyn Data: profits warning x2, cash crunch, misleading RNS's, wrecked balance sheet – what is not to like?

Oh for the days when Rosslyn Data was run by that colourful chap who seemed embarrassed about his career in pornography. These days a boring bean counter is at the helm but the company is still a dog serving up a double profits warning topped with a meagre dose of jam tomorrow today. The balance sheet is a total wreck and surely another bailout placing is needed.

Beggar

The unpaid wages of sin…Is Peter Bradley the 18th lawyer Julie Meyer has failed to pay…here are 17 more

In his time as General Counsel to the Ariadne Group run by Julie “Lingerie on Expenses” Meyer , Mr Peter Bradley had occasion to send me three lawyers letters on behalf of his boss who is now being investigated by the FCA, the MFSA, the SFO, Action Fraud, the IRS, HMRC and is wanted on criminal charges by the Maltese Police.  I had thought that Bradley had parted company with the charlatan, liar and fraudster Meyer in April but the Ariadne website, as you can see below, suggests otherwise. 

Boom

Correction & Apology: Not for smearer & charlatan Julie Meyer but for her ex legal counsel Peter Bradley – the Steve Lazarus case

On 24 May 2018 I ran an article on the case of former Ariadne employee Steve Lazarus who, like so many others working for Julie “Lingerie on Expenses” Meyer was not paid and had to seek legal redress. That article needs correcting, not for what it said about the appalling behaviour of Meyer but for a question posed of her, now ex, legal Counsel Peter Bradley. An amended article is below.

QPP
QPP
PREMIUM CONTENT

Quindell – KPMG and senior partner William Smith fined by FRC for failings – but not enough, lessons not learned

For its 2013 financial year, the fraud Quindell (QPP) switched its auditors from RSM Tenon – already fined by the Financial Reporting Council as a direct result of my work – to KPMG. But unusually for a firm claiming to be so large it chose the small Southampton office headed up by Senior partner William Smith to check its books.

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Acropolis

Folli Follie - Greek Press reports criminal charges on the way, Gabriel Grego comments

The suspension of shares in Folli Follie on Friday because, after three weeks, it was unable to verify its claimed cash balances is surely the beginning of the end. The Greek Press is today reporting that criminal charges for the bubbles in charge are on the way - see HERE. I like to think I played a small part in its downfall and really enjoyed my doorstepping last week. But the architect of this exposure is my pal Gabriel Grego of QCM although it is only a matter of time before Dan "snot gobbler" McCrum at the FT takes full credit. Gabriel has now commented on the latest news. It is a considered piece. He writes:

QPP
QPP

Quindell nutter Ian Hislam - Bulletin Board or twitter Moron of the Century

We have received an email from a chap called Ian Hislam who is now officially the Bullettin Board Moron of the Century. I know we still have 82 years to go but this Quindell (QPP) shareholder is surely unbeatable.

Greek Tear

EXCLUSIVE: A 1 billion super scam exposed - we publish the dossier & slideshow on Folli Follie

At this very moment the man who exposed Greek based AIM superstar Globo (GBO) as a total fraud, Gabriele Grego, has just concluded a speech in New York. Ed Croft need not worry, for once the mega scam Gabriele has debagged, is not a stock he has tipped, as he did with Globo. We have the full dossier Gabriele has prepared and it is explosive.

Crime-Scene

Tonight we expose a 1 billion fraud - tomorrow Tom W share tip & Mark Slater's buys

Do you really want to miss out on all of this for the sake of saving just £5.99 a month? Tonight on ShareProphets we will expose a 1 billion capitaised fraud. Make no mistake this is a zero. And we will also reveal which idiots have threatened Tom Winnifrith with legal action as well as publishing another main stage video from UK Investor - Mr Property, Nick Leslau. But to access all this premium content you need to invest £5.99 a month. And tomorrow is Mark Slater day.

Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast - The Fat Lady arrives at Nighthawk and Dave Whitby's payoff question

In the main bearcast of the day I start by asking what payoff disgraced Dave Whitby got at worthless insolvent POS Andalas (ADL)? And were mugs who backed the latest placing told where much of their cash was going ( i.e. to Whitby). Feel free to contact me if you are an Andalas owning mug. The fat Lady arrives at Nighthawk (HAWK) and looks to be in the wings at Nature Group (NGR) while new problems emerge at Imaginatik (IMTK) - a former Rob Terry fave but I speculate on bigger worries that the Quindell fraudster faces - and at Management Consulting (MMC). I think the fat Lady may well also have an appointment with Widecells Group ( WDC) shortly. I comment on 4 reasons why Advanced Oncotherapy (AVO) shares may be falling and on looming results at Optibiotix (OPTI), where we own shares.

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Tom

Buy a ShareProphets subscription for £5.99 a month TODAY - 2 weeks of unique treats in store if you do

In the fortnight following the UK Investor Show on April 28 there will be a spectacular avalanche of treats on ShareProphets but those treats will be for paying customers only. So what can you expect? And why should you join TODAY? Here goes...

Madness

Notes from Underground - Me vs the Internet

Unless you need high speed Internet, wherein we revert to the Victorian times. I swear, I don't know how Charles Dickens and Jules Verne got anything done with the poor Internet we suffer in the Capital.

Angel

Alas Paul Scott I knew him

When Paul Scott starts his morning newsletter with references to Chaka Khan you kind of fear that he is drunk in charge of a keyboard. He ended his long & less interesting than usual missive yesterday, which was largely a cut & paste,  with the phrase "Let's have less Tom Winnifrith please! He causes stress & anguish - go away Tom, you're a bore." and then sent his tedious column to various folks such as Nigel Wray.

Table of shorted AIM shares - week to 27/04/2018

From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2017 and thus far in 2018 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...

Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast - Begbies Traynor on Brexit - a worse data abuser than Ed Croft ( well almost)

For the last time I laugh at Ed Croft's joke system at Stockopedia which rates Quindell a storming buy after it is exposed as a fraud and Globo a buy but slates, for instance, Learning Technologies (LTG) - did you see its news today Ed? Then I look at the Begbies Traynor (BEG) red flag report which is remoaners treat and an even bigger abuser of data analysis than Quindell cheerleader Ed Croft. I also cover my pike fishing exploits and Online Blockchain (OBC) - now more than 50% below its placing price and 75% off its year high.

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Bearcast
PREMIUM CONTENT

Republished: Tom Winnifrith Bearcast: Guess which stockmarket system flagged Quindell as one of the 11 cheapest value plays on AIM

Darren uploaded yesterday's podcast by mistake becuase he is a fucking idiot. I am considering his future and mine tonight. Here now is today's podcast. To tip Quindell before Gotham City and I started to expose it was perhaps understandable. But to single it out as a stunning value investment afterwards? Who could have been so fecking dumb? As you can see HERE it was the same system also that thought Globo was a cracking investment when some of us very publicly said it was a fraud. Which system could be so bad? Step forward Ed Croft and Stockopedia and he says that Nigel Wray invests in "sucker stocks"?. I explain why Ed's system is bound to have some horrible failures and miss a stack of big winners.  In this podcast I also look at Vitesse (VIS), Tern (TERN), Inspirit (INSP) which has a mega spoof today and Online Blockchain (OBC) where I am just a confused old dinosaur.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Lyin' Steve now you really are taking the piss

In this podcast I look at Fronterra (FRR) where I'm vindicated and my twitter pest of the week - a detergent salesman - is now even more out of pocket. I look at Greka Drilling (GDL) and at UK Oil & Gas (UKOG) where Lyin' Steve is now really taking the piss with his 0.4p options. Finally I wonder how close is Totally (TLY) to needing a bailout placing. With Allenby of Servision (SEV) infamy and the chap who assisted Quindell (QPP) at Cenkos on board it has a broking dream team in place. I take a detailed look. If you like bearcasts then remember that at UK Investor on April 21 - THIS SATURDAY - one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH.

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FRR
FRR

Bulletin Board & Twitter moron of the week - yes its a Frontera shareholder

Having exposed all the big stockmarket frauds of the past five years on this website (Quindell, Globo, Cloudtag, MySquar, blinkx, Gulf Keystone, Naibu, Daniel Stewart, Sefton, China Chaintek, Aquatic Foods, Cupid, Avanti and the list goes on and on and on) I never cease to wonder at the stupidity of some folks who invest in such stocks. But Frontera (FRR) shareholders are managing to shock me - truly some of them are the dumbest fucks on this planet.

Crime-Scene
PREMIUM CONTENT

Will anyone at Nomad FinnCap pay a penalty for its part in the massive Constellation AIM fraud?

FinnCap likes to tell us that it is one of London's leading Nomad's. Okay lets overlook the Silverdell scandal where it insisted that it did nothing wrong as the company misled investors who then lost all their money but how about Constellation Healthcare? This may be off your radar as this company delisted from AIM in January 2017. But this is a massive scandal.

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TCM
TCM

Telit: The Unravel Continues

The market was remarkably sanguine about the operational update served up by Telit (TCM) this week and at 160p the shares remain a compelling sell.

AFN
AFN

Brokerman Dan literally robbed in new ADVFN awards - surely he had a hat-trick in the bank?

ADVFN (AFN) has today published its list of big advertisers on its website, oops I meant to say its awards for outstanding contributions to financial services. As ever I take the list of winners with the gravity that is merited. They really are the cornerstone of the financial calendar these days. But one fact screams out at me: BrokerMan Dan Levi was on a hat-trick as share blogger of the year - surely he had the title in the bank. But he's been robbed. 

IQE
IQE

Sell the IQE Rally at 133p

Shares in tech wafer supplier IQE (IQE) have been on a tear recently - after the company has been the subject of not one but two short reports which questioned the accounting treatment of two joint ventures it set up in 2014.

IQE
IQE

IQE - How this plays out Monday Morning & a heartfelt apology from me

I see that smarmy lefty millionaire comedian Bob Mortimer is boasting in today's Sunday Telegraph about how he bought IQE (IQE) as a penny stock and it is now 163p. Methinks not Bob. I warmed folks to sell at 138.5p in a detailed dossier published in October HERE. Matt Earl's 36 page note of Friday has really set the cat among the pigeons. The shares are 104p but will - I suspect - tank on Monday.

VRS
VRS

Is Neil Rickets of Versarien a spiv? NO! is he selling more shares? Maybe? Are some of his shareholders morons? YES!

Yesterday I posted a series of questions for Neil Rickets of Versarien (VRS), who I have always described as a nice guy even if I think the valuation of his company is crackers. To his credit he has come back ( from China) with full answers but so too has one of his shareholders a  Mr A. Moron.

Fake_News

STRANGE BEDFELLOWS: Julie Meyer cites those who sent me death threats & defend fraud as she defames me on LinkedIn

Poor Julie Meyer. The Times this morning picked up on her increasingly bizarre attacks on ex employees, suppliers owed money and me on LinkedIn "Wow . . . just all I can say is freaking Wow". Indeed Julie. I pointed out to Julie's lawyer that her post on me was defamatory and he said he'd advised her to take it down but, hey ho, it stays up. Anyone who thinks citing the folks who send me death threats, shit in the post and more, because I was exposing the £3 billion Quindell fraud, as witnesses for their side is, I put it to you, keeping strange bedfellows.

KPMG in the soup again as FRC opens investigation into Carillion

The only UK financial watchdog that is anything other than a poodle has again bared its teeth and again it is the auditors at KPMG that are in the firing line, this time over Carillion (CLLN). Still being investigatred over its role in the Quindell fraud, let off the hook on HBOS, KPMG at least knows how the Financial Reporting Council works.

WTG
WTG

Watchstone - Lack of Profits Warning and SFO update

For those who think Rob Terry,, the king of the fraudsters, has got away with the £3 billion Quindell (QPP) scam, there was confirmation today that the Serious Fraud Investigation continues. Actually you can see that on the SFO's website but that Watchstone (WTG) - Quenron wi8th a face lift - confirmed it suggests it is still co-operating. Of course it is. Its new managers loathe the criminal Terry. I do expect arrests this year. The other news - a lack of profits warning and again this is Terry's mess.

Bearcast

Tom Winnifrith Bearcast - Natch the deadwood press showers me with praise over today's Quindell News: pigs will fly first

I start with today's personal triumph on Quindell (QPP). And it is a real personal triumph for me, not that the deadwood press or my critics will recognise that. I then cover Milestone (MSG) - Ho Ho Ho - Pets At Home (PETS), Joshua's fave store, N Brown (BWNG), Worldwide Blockchain (BLOC) and Velocity (VEL) another dog from the FinnCap kennel.

Listen to the Bearcast:
QPP
QPP

RSM Tenon (now ArrandCo) & audit Partner Jeremy Filley fined big time by FRC over Quindell thanks to Tom Winnifrith

The Financial Reporting Council has today fined audit firm ArrandCo, formerly known as RSM Tenon, £1 million ( reduced by 30% for co-operating) and audit partner Jeremy Filley £80,000 ( reduced to £56,000) for allowing the fraud Quindell (QPP) to publish fraudulent 2011 accounts. No doubt Snot Gobbler Dan McCrum at the FT is again about to produce a timeline taking credit for this but the FRC has stated explicitly that it widened its enquiries to include the 2011 accounts only because of specific allegation raised by me as you can see HERE.  These fines are down to my work, not that the deadwood press will ever acknowledge that. So how did Rob Terry and his associated in the Quenron gang, cook the books with the help of Filley and RSM Tenon.

Bearcast

Tom Winnifrith Bearcast - Follow the Bear - top ten shorts reviewed & the sins of KPMG

In today's bearcast I take inspiration from Roger Lawson looking at the sins of KPMG at Carillion (CLLN) and EMIS (EMIS), not to mention Quindell (QPP). What to do?  I look more at Dignity (DTY) and conclude that - having examined numbers from Beyond - the company is fecked. I look at the dumbest snowflake financial journalist going - natch he works for the Daily Mail. And I wonder should one follow the bears, I review the most shorted stocks on AIM and the main market including IQE (IQE), Debenhams (DEB) and Telit (TCM) 

Listen to the Bearcast:
Newsboy

Self promoter Julie Meyer MBE & Ariadne Capital and the Glassdoor Reviews - can anyone smell a rat?

Yesterday I asked if serial self-promoter Julie Meyer was a bullshitter as she spun the news of the administration of her flagship Ariadne Capital vehicle. Oddly I have been besieged by folks seeking to offer a steer about this member of the Great & the Good. Let's start at Glassdor.com - where employees post reviews of what it is like working for a company. Ho Ho Ho - can you smell the rat?

Atomic

FINAL CHANCE TO ENTER: ShareProphets readers share tips prize competition 2018 - once again semi-naked Quindell owning bimbos can take part

The winner of the 2017 prize competition will be revealed tomorrow. We now though open the competition for 2018 - and once again the prize is a meal with myself. If you dislike me, you can fob that meal off on someone else. All you need to do before midnight on January 1st is to post in the comments section below your stock to buy and your stock to sell for 2018 (from the LSE or AIM Casino and the stocks not to currently be suspended). Steve Moore will monitor and report back monthly on how the competition is faring. Good luck all and especially, should they enter, to our favourite semi-naked Quindell & Cloudtag owning twins Hayley & Kate Whittaker, pictured below.

QPP
QPP

Ominous silence from Quindell fraudster Rob Terry - might the SFO have news soon?

Normally the king of the fraudsters, Rob Terry of Quindell (QPP) infamy cannot keep quiet. He is desperate to tell us all about new disruptive developments at his new Ponzi, Quob Park. But as you can see below, the great man's Knob Park blog has been silent for almost three months. Perhaps there is something else on his mind?

TCM
TCM

Telit Fraud Finally Begins to Tell It Like it Is. Sell at 145p

Finally the truth is beginning to emerge at the London-listed, Israeli-based Internet-Of-Things fraud Telit Comunications (TCM) - one of my top three shorts along with Purplebricks (PURP) and UK Oil & Gas (UKOG).

Newsboy

Notes from Underground: the problem with programs

I stiill read the occassional comment and email that wonders why the economics of advertising on a website doesn't work - advertising pays for ITV and the Evening Standard, both of which are paying real salaries to real staff.

QPP
QPP

BREAKING: Watchstone fails in High Court Claim against Rob Terry & other Quindell fraudsters but...

This is a small side issue in terms of the greater Quindell (QPP) fraud which will, in due course , see Rob Terry and others go to jail but this week Watchstone Group (WTG) as Quenron is now known suffered a minor setback against Terry and others. We publish the ruling in full below...

RDT
RDT

Well spotted Roger Lawson - The Sharesoc man inadvertently discovers some big red flags at Rosslyn including a looming profits warning

Roger Lawson of ShareSoc bought a few shares in Rosslyn Data (RDT) as a recovery punt in a placing. That he was able to get EIS relief added to the attraction although I still worry he will lose money on this company which I have highlighted many times (HERE) as a howling dog even by the standards of AIM. Lawson attended the AGM yesterday and reports back on what appears to have been a curate's egg in his mind. I think he is being well generous.

WTG
WTG

Watchstone files High Court defence against £649 million Slater & Gordon claim on Quindell fraud - we publish docs in full

Watchstone Group (WTG) has filed its High Court defence against Slater & Gordon's £649 million claim against it for having been sold the fraud that was Quindell Legal Services (QLS). I must admit it makes for impressive reading and is robust. The one person for whom it makes utterly grim reading is the King of the fraudsters Rob Terry.

Purplebricks - what is really going on? More from heroic Chris

Yesterday we ran the gutsy response of Estate Agent Chris Wood to a fascist lawyers letter sent by Schillings on behalf of Purplebricks (PURP) in an attempt to gag him. We are not afraid of the wankers at Schillings having seen them off before when they tried to gag me on behalf of the fraudsters at Quindell (QPP). So let's hear more from heroic Chris. Below he explains why a LPE is certainly not always an E and the idea of portal juggling. Anyone owning these shares is bonkers or Neil Woodford or both. Over to Chris....

WTG
WTG

Class action lawyers now have more than 1000 claimants against Watchstone over Quindell fraud - confidential letter arrives

In its most recent statement Watchstone (WTG) group suggested that the potential class action against it from folks who lost cash as a result of frauds orchestrated by Rob Terry in the Quindell (QPP) era was minimal. Au contraire. The potential liability was estimated at £9 million but the number of claimants has more than doubled to 1,100 according to a letter sent to claimants which they have been told they must not pass on under threat of legal action. Luckily we have the Winnileaks service.

Purplebricks bullies another critic with fascist lawyers letter from Schillings but Chris Wood bites & fights back

Having received a fascist lawyers letter from heavyweight lawyers Schillings myself I know that it can be quite intimidating. Mine (HERE) was on behalf of the fraudsters Quindell (QPP) and I told Schillings that I would "see you in Court bitchez." I knew Quenron would not dare go through a disclosure process. Estate Agent Chris Wood is armed with the same knowledge and has thus responded robustly to a missive on behalf of Purplebricks. I have chatted to Chris at length today and, as someone convinced, that Purplebricks is a zero I am happy to republish the missive from Schillings  and the response of Chris which adds mountains of evidence to the fact that Purplebricks is a can of worms which is spending ever greater sums trying to gag critics with fascist missives from expensive lawyers. Over to Chris:

AFR
AFR

Former Afren bosses charged with $400 million fraud - good work SFO. Rob Terry next?

It has taken two years but two former bosses of Afren (AFR) will tomorrow be charged with fraud. Watch out Rob Terry your time will come too. Well done the Serious Fraud Office. 

Bearcast

Tom Winnifrith Bearcast - do not get fooled by Watchstone's cash claims & shoot the scumbag "rebels" at Stratex

Those seeking to oust the board at Stratex (STI) have not been playing with a straight bat as an RNS late yesterday made clear. They are vermin who should be sent packing. Ditto Professor Conroy of Conroy Gold & Natural Resources (CGNR). I have news on his latest courtroom scrape in Dublin and also on the Afren (AFR) whistleblower to whom I make a generous offer. I am warming to Blur (BLUR) after today's placing and am almost tempted to nibble now that ghastly Phil Letts and his even more ghastly Mrs have gone. There is a detailed analysis of interims from Watchstone (WTG) - Quindell as was. Do not get suckered by that headline cash number. It is not real and the shares are a sell. Finally there is an update on the African Potash (AFPO) and Paragon Diamonds (PRG) litigation. 

Listen to the Bearcast:
Newsboy

Notes from Underground - Pay to play

We're four days into the reader supported ShareProphets and I'd rate it a stunning success. But what lessons are to be learnt are less clear.

Dead-Donkey

New Bulletin Board Moron of the Week contest - sponsored by Bell Pottinger, who paid for the sponsorship on credit. That'll be fine, won't it?

This week's Bulletin Board Moron contest is sponsored by Bell Pottinger, the PR spinners of Quindell.

The challenge: We're looking for exemplary examples of sheer stupidity from those founts of brilliance; the Bulletin Board Morons who dwell on the cesspits that are LSE.co.uk, III.co.uk and ADVFN.co.uk. The deadline to post your entries in the comments section below is midnight, Sunday 17th September.

QPP
QPP

PR firm Bell Pottinger goes bust - the curse of Quindell & "evil" Victoria Geoghegan

It seems that PR firm Bell Pottinger will go into administration today and 270 folks will lose their jobs. Fear not most have already had other offers or decided to set up on their own. They saw the ship was sinking and there is no rat like a morally bankrupt PR rat in such a situation.

SGH
SGH

Slater & Gordon: Dire results, board sacked, UK exited, Debt for Equity near wipeout - the curse of Quindell

Oh dear me, how long is the shadow caused by the king of the fraudsters Rob Terry and his Quenron (QPP) monster? Slater & Gordon (SGH) the Aussie law firm that bought 94% of Terry's assets in 2015 has now officially been brought to its knees with the board all fired, and shareholders almost wiped out, as part of the end game announced yesterday in Oz.

Reader Comment of the day - Roger Lawson has new smelly "friends" but needs a lesson in stockmarket basics

It seems that Roger Lawson of Globo and blinkx fame is not impressed by my suggestion that he is a bull of Purplebricks (PURP) and that it might therefore somehow be jinxed. But in a couple of after the pubs opened O'clock comments here last night he focusses the mind on what a select group he himself belongs to.

Bearcast

Tom Winnifrith Bearcast: Naked women on Twitter, China and the UK property crash and how you can buy the next ASOS

The bit about naked women explains itself but is of course a cue to link to the photo articles on Quindell's & Cloudtag's daftest shareholders, semi naked sisters Kate & Hayley. China and the UK property crash elaborates on the points I made in the property crash bearcast HERE. And then we turn to the question of can you find a thousand bagger, the new ASOS (ASC) . I ask this because of Malcolm's words on IQE (IQE) HERE and because I am just about to make a large new investment - could it be the next ASOS? It won't be but I explain why that does not mean I am not excited.

Listen to the Bearcast:
TCM
TCM

Meet the Fund Manager buying into Telit - also Rob Terry's biggest fan at Quindell

Relief for Telit (TCM) bulls came at 4.05 PM Monday with news that Davide Serra had bought 1.6 million shares in Telit last week taking his holding from sub 3 to 4%. He only submitted his TR1 after the weekend but paying 160p-180p AFTER we exposed the, then, CEO Oozi cats as the Boston fraudster he clearly knew better than we did. But where did that name Davide Serra ring a bell?

Bearcast

Tom Winnifrith Bearcast Special - the culture of corporate lying as I say GOTCHA to Telit

Following today's bombshell there can be no doubt that Telit Communications (TCM) is toast. Companies that lie and deceive so industrially in the way I demonstrated earlier HERE will always end in tears.  In this podcast I look at the culture of corporate lying and wrongdoing and what it means for you as an investor. I look at rent boys at BP then at Quindell (QPP), Globo (GBO) and of course, in the main, at Telit

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Bearcast

Tom Winnifrith Bonus Bearcast on Telit - calling Uzi's next move: this feels like Globo Mk2, here's why

Okay so the Sheriff of AIM has got his man. Uzi/Oozi Katz/Cats has gone "temporarily" (my arse, again) from Telit Communications (TCM). So what happens next? I comment about what was NOT said in today's release, try to second guess Uzi (that is the real one not a bogus ballet dancer/statistician/award winning chef) as to his next move. Then I discuss the underlying business and explain why, to me, it has all the makings of a Globo, not a Quindell,. and why that means that its share price collapsersoonie could be sooner than you think, if banksters HSBC are anywhere close to being on the ball. Enjoy.

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MTO
MTO

FRC looks into Mitie and auditors Deloitte - will Tory Baroness Ruby McGregor Smith lose her Peerage? An acid test for the politically correct...

The Financial Reporting Council has announced that it has opened a formal investigation into the accounts of outsourcing group Mitie Group (MTO) for the years to March 31st 2015 and 2016. Mitie is in the spotlight and auditors Deloitte will also be investigated. So what has Baroness Ruby got to say about this?

MPL
MPL

Nomad Cenkos put "on record" re the Mercantile Ports fraud - letter 7, about the land "purchases", SMTM!

When disgraced AIM casino posterboy Mercantile Ports & Logistics (MPL) moves from being a member of the minus 98% club in which it currently sits to being a member of the minus 100% club, I want it known that Nomad Cenkos has been fully aware of massive issues all along and has done nothing other than bank obscene fees. As such we have run a series of letters from a big shareholder to Amber Wood, head of Corporate Governance at Lagos Securities, HERE and HERE and HERE and HERE and HERE and HERE Now for letter six which puts fragrant Amber and Lagos, Nomad to the Quindell (QPP) fraud as well, on notice for when the final wipeout occurs that they will be held accountable. This letter has also been cc'd to AIM Regulation - I know they are useless but surely even they must realise that Lagos Securities has "form."

QPP
QPP

King of the fraudsters Rob Terry promises $1 billion Knob Park IPO - now about those dodgy accounts.

In five year time, the king of the fraudsters, Rob Terry of The Innovation Group and Quindell (QPP) infamy says he will be floating his latest ponzi, Quob Park Estate for $1 billion. Bollocks. There is more chance of me getting lucky with the entire Dallas Cowboys cheerleaders squad within the next 48 hours.  As the SFO investigation into the £3 billion Quenron fraud ratchets up a gear, the only thing Rob Terry will be doing in five years time is praying that his next Roomie at Ford Open doesn't have a taste for ugly older men.

MPL
MPL

The Mercantile Ports & Logistics fraud - Arden partners now on the record

Over the past few weeks we have published a string of letters sent by a significant shareholder in AIM listed Norfolk Mercantile Ports & Logistics (MPL) to its Nomad Cenkos so that when Mercantile runs out of other people's money as it surely will, the shamed former adviser on the Quindell (QPP) fraud cannot say that "it did not know." Its role is on the record as you can see in our full coverage HERE. Now that same shareholder has written to Daniel Slater, the analyst at co broker Arden Partners responsible for - arguably - the worst research note of 2017.

QPP
QPP

See you in Court Bitchez Odd one out Contest - the result

We asked you a simple question HERE. Look at the mugshots of the honourable chaps below and tell us the odd one out. For those who could not recognise the ugly sisters they were (top row first, left to right): Dodgy bubble Costis from Greek fraud Globo, Roger Lawson ( NOT a fraudster), the king of the fraudsters Rob Terry of Quindell, lyin' Chris Cleverley of African Potash, Peter Shea of Daniel Stewart and Jimmyliar Ellerton of Sefton infamy. So who is the odd one out? No-one got this one correct.

MPL
MPL

Nomad Cenkos put "on record" re the Mercantile Ports fraud - letter 6, about Mr Gandhi the chairman

When disgraced AIM casino posterboy Mercantile Ports & Logistics (MPL) moves from being a member of the minus 98% club in which it currently sits to being a member of the minus 100% club, I want it known that Nomad Cenkos has been fully aware of massive issues all along and has done nothing other than bank obscene fees. As such we have run a series of letters from a big shareholder to Amber Wood, head of Corporate Governance at Lagos Securities, HERE and HERE and HERE and HERE and HERE.  Now for letter six which puts fragrant Amber and Lagos, Nomad to the Quindell (QPP) fraud as well, on notice for when the final wipeout occurs that they will be held accountable. This letter has also been cc'd to AIM Regulation - I know they are useless but surely even they must realise that Lagos Securities has "form."

Anarchy

SHOCKING: London Stock Exchange: Fraud on AIM is nothing to do with us, nothing we can ( or will) do about it!

The AIM casino has hosted the London stockmarket's biggest fraud for almost 40 years (Quindell) and a raft of smaller frauds in recent years. One might almost say that fraud is endemic. Yet, in a consultation paper published this week, the London Stock Exchange (LSE) has insisted that it is not within the remit of its own AIM Regulation department to tackle fraud or indeed do anything about it. This shows a complete contempt for investors - we bank the fees, you bank the losses.

QPP
QPP

New Bulletin Board & Twitter Moron of the week sponsored by the returning Quenron gang of Shysters

The Quindell boys are back in town, as they buy a worthless little business, Business Advisory Services (BAS), from Watchstone - having netted £100 million from the originalheist. To celebrate their adventureering, they are sponsoring this week's Bulletin Board Moron contest.

Sheriff-Of-AIM

Reader poll: Who has been stupid enough to send Tom Winnifrith a lawyer's letter now?

Don't these fools ever learn? For chancers and crooks like Darren Winters, the shysters at Globo, Blinkx, Quindell and Daniel Stewart and for lyin Chris Cleverley and Lord Hain of sleaze and for so many others, sending me a fascist lawyers letter never works out well. That is not for them at least. But it seems there is one born every day. A new letter is in demanding that three years of articles be removed, that damages and costs be paid and that I put my name to a grovelling apology dictated by this poltroon. Who do you think is daft enough to have sent it? Vote now in our latest poll with a deadline of midnight tonight.

MPL
MPL

Lagos Securities put on the record re the Mercantile ports fraud again - letter 5

When disgraced AIM casino posterboy Mercantile Ports & Logistics (MPL) moves from being a member of the minus 98% club in which it currently sits to being a member of the minus 100% club, I want it known that Nomad Cenkos has been fully aware of massive issues all along and has done nothing other than bank obscene fees. As such we have run a series of letters from a big shareholder to Amber Wood, head of Corporate Governance at Lagos Securities, HERE and HERE and HERE and HERE. Now for letter five which puts fragrant Amber and Lagos, Nomad to the Quindell (QPP) fraud as well, on notice for when the final wipeout occurs that they will be held accountable. This letter has also been cc'd to AIM Regulation - I know they are useless but surely even they must realise that Lagos Securities has "form."

WTG
WTG

Exclusive: Watchstone flogs another business back to the old Quenron gang - when will it tell the market?

Suffice to say the big winners from this transaction are the old gang, the associates of the King of the fraudsters Robert Simon Terry, not shareholders in Watchstone (WTG), Quindell (QPP) as was. But its remiss of the new team at Quenron not to keep you updated. So let me assist.

How do Nostra Terra's advisors Strand Hanson really feel about their client? Hint..

We all have nicknames for companies and they usually imply something about how we feel about them. So for me Quindell (QPP) will always be Quenron for reasons that should be obvious. So how does Nomad Strand Hanson feel about its client Nostra Terra Oil & Gas (NTOG)? The hint is perhaps in the image below taken from Strand's latest corporate brochure boasting of recent deals that it has completed....

RCN
RCN

Exclusive: Redcentric and the payroll fraud it learned from Rob Terry - how has CEO Fraser Fisher not been fired?

Redcentric (RCN) CEO Fraser Fisher is still in place despite his company having admitted to having grossly overstated its 2016 accounts, something that pushed up the shares allowing him to make a killing dumping stock a year ago. The FCA is investigating this matter as are other agencies which almost certainly means the Serious Fraud Office. So far the fall guy has been the ex FD. But I can now demonstrate that Fraser must have been persoinally aware of at least one major fraud, a type of con the King of the fraudsters, Mr Rob Terry, also pulled off at Quindell and The Innovation Group. 

MPL
MPL

Nomad Cenkos (aka Lagos Securities) on the record part 4 - you are aware of the Mercantile Ports lies aren't you?

When shamed AIM casino posterboy Mercantile Ports & Logistics (MPL) moves from being a member of the minus 98% club in which it currently sits to being a member of the minus 100% club, I want it known that Nomad Cenkos has been fully aware of massive issues all along and has done nothing other than bank obscene fees. As such we have run a series of letters from a big shareholder to Amber Wood, head of Corporate Governance at Lagos Securities, HERE and HERE and HERE. Now for letter four which puts fragrant Amber and Lagos, Nomad to the Quindell (QPP) fraud as well, on notice for when the final wipeout occurs that they will be held accountable.

Newsboy

Notes from Underground: There must be some kind of way outta here, said the joker to the thief

By far, the most read article of the week was Exclusive: The full Slater & Gordon High Court Claim against Watchstone for £537m - damning on Rob Fielding, David Curry & the lies Quindell told, an excellent example of the journalism that that ShareProphets conducts and that you cannot find anywhere else at any price. 

Tom

You may know Tom the fraudbuster but what about the man who makes you money from value investing shares tips - act TODAY!

You may know Tom Winnifrith as the man who exposes fraud on AIM and gets a stack of death threats and lawyers letters for his troubles. Just on Tuesday he has published a massive exclusive on Quindell, the biggest London stockmarket fraud for 30 years, and a con the regulators thanked him for exposing. That breaking news is HERE.

WTG
WTG

Bulletin Board Moron Evil Knievil still wrong on Watchstone

I guess if you write for a website that makes the Official Jimmy Saville Fan Club website seem well read and popular, it forces one to also post on Bulletin Boards in order that your words of wisdom/attempts to ramp your flagging portfolio reach an audience of more than three men and a dog. Speaking of dogs - Watchstone (WTG) is stock which bear raider turned Bulletin Board Moron Evil Knievil has long argued is worth 500p. The shares are now 140p ( and falling) after yesterday's massive revelations from me HERE.

QPP
QPP

Exclusive: The full Slater & Gordon High Court Claim against Watchstone for £537m - damning on Rob Fielding, David Curry & the lies Quindell told

Slater & Gordon (SGH) spunked £649 million on buying the worthless, fraudulent assets of Quindell (QPP) in 2015, a deal that has seen its shareholders suffer a 99% wipeout. It has now filed a UK High Court claim against Watchstone (WTG), Quenron as was for £637 million and we have obtained the papers and, in a major scoop, publish the Claim in full below.

MPL
MPL

For the Record No 3: Nomad Cenkos YET again put on record about RNS lies by client Mercantile Ports & Logistics

When AIM listed Mercantile Ports & Logistics (MPL) disappears up in smoke having sent tens of millions of UK Investor cash to money heaven, the stink will force Nomad Cenkos to show that it acted in a way that did not bring the Casino into disrepute, as it did when it allowed Quindell to commit wholesale fraud. Thus one shareholder, a veteran of the ports and logistics industry, is putting Cenkos on record now so that it can have no excuse at the death. letter one HERE raised clear questions of fraud. Letter two HERE showed more cases of how Mercantile misled investors. Now the shareholder has followed up again with a third letter to the head of corporate governance at Lagos Securities, Amber Wood, cc'ing in Redleaf, the PR to Mercantile as well as Quindell at the height of that fraud. Do Cenkos and fragrant Amber give a toss about clients lying to investors?

Another crony capitalist awards dinner and the ShareProphets team AGAIN trounced by clowns like Lagos Securities

In case you missed it, last night was the The fifth annual Small Cap Awards' black tie gala in London. The crony capitalists from across the Square Mile gathered to say how well they had done being paid vast amounts to stuff dumb fuck investors into shite stocks, before the spivs departed for some late night celebratory coke and hookers. And boy were the crony capitalists doing well. Let's start with the winners:

MPL
MPL

For the Record No 2: Nomad Cenkos again put on record about RNS lies by client Mercantile Ports & Logistics

When AIM listed Mercantile Ports & Logistics (MPL) disappears up in smoke having sent tens of millions of UK Investor cash to money heaven, the stink will force Nomad Cenkos to show that it acted in a way that did not bring the Casino into disrepute, as it did when it allowed Quindell to commit wholesale fraud. Thus one shareholder, a veteran of the ports and logistics industry, is putting Cenkos on record now so that it can have no excuse at the death. letter one HERE raised clear questions of fraud. Now the shareholder has followed up with a second letter to the head of corporate governance at Lagos Securities, Amber Wood, cc'ing in Redleaf, the PR to Mercantile as well as Quindell at the height of that fraud.

MPL
MPL

For the Record Nomad Cenkos asked to investigate if its client Mercantile Ports & Logistics has committed fraud

There is clear evidence that Mercantile Ports & Logistics (MPL) has misled investors ahead of raising vast amounts of cash on the AIM Casino. Its Nomad Cenkos Securities (of Quindell infamy) appears unconcerned as long as it keeps banking the fees. When this company unravels and goes to zero as it surely will, the shameful way that Lagos Securities has brought the casino into disrepute by ignoring stacks of red flags shown to it, will surely leave it in the merde. A shareholder who happens to be a ports industry specialist has written to Cenkos’s representative for Governance matters Amber Wood (ccing in PR specialist Redleaf which also acted for the Quindell fraud). The damning letter is below. It is truly shocking...

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