The finance Director of St James House (SJH), “Desperate Dan” Pym was appointed as the Company’s Finance Director on 30 September 2020 and the company shares have been suspended since 2 November 2020 so under his reign the company has been in suspension more than it has traded. Once again I ask the question: is this is a record?
I am not sure if the Takeover Panel boasts about how many birds it has promoted to its executive team whether they have been flagged up as manifestly incompetent or not, but in the matter of Eurasia Mining (EUA) it has shown itself to be as useless as the FCA, if not even more useless. Let me explain.
Eurasia Mining (EUA), of which more later, has already met Roy this week as it became the company to have enjoyed the longest spell ever under a Formal Sale Process without actually getting a bid or admitting there would be no bid. It snatched that record from Best of the Best (251 days) on Thursday morning. But before the late Mr Castle thinks his job is over, I sense Umuthi Healthcare (UHS) may also get to meet him, Norris and, of course, Cheryl Baker, formerly of Bucks Fizz. In doing so, it will show that however many women the FCA promotes it is still useless.
In today’s bearcast I look at Eurasia Mining (EUA), Anglesey Mining (AYM) and the two hottest frauds in town: Supply@ME Capital (SYME) and Zoetic International (ZOE).