As I reveal that it is not only Versarien (VRS) up to no good in this respect but also Eurasia Mining (EUA), I wonder which other shameless PLC rampers are up to no good and will AIM Regulation do anything to stop an increasingly disorderly market becoming an open sewer? I look at retail shares and real estate plays on that as more evidence emerges that my very long term "avoid the lot like the plague" stance was correct. I look at changing brokers at Cenkos (CNKS) and Condor Gold (CNR) and Premier Miton (PMI) and what the AIM Casino demise of SalvaRx (SALV), where managers are talented, says about the dangers of backing a cash shell.
#BoycottHomeDepot is trending on twitter in the US. If you are in the land of the free I urge you to do the reverse. In fact go buy an extra hammer for me today. Then I look at Thomas Cook (TCG), Sound Energy (SOU), Eve Sleep (EVE), the woes of my old friend Jim Mellon's SalvaRx (SALV), Union Jack Oil (UJO) and, in detail, at FinnCap (FCAP) whose results are out today. Mea culpa on Eve, it is actually worse...
Dan Levi reckons that I was being beastly about Dev Clever PLC to sell it a stand at the UK Investor show. He says so without listening to what I actually said. Maybe I am also trying to flog stands to Telit, Accesso and Westminster Group? Oi fatso Baldry if I mention the 3DM fraud again will you take a stand at a show I don't actually own. Whatever... In this podcast I also cover Telit (TCM), Blue Rock Diamonds (BRD), Jim Mellon's SalvaRX (SALV), Accesso (ACSO) and Windar Photonics (WPHO). It is silliness like this that make me want to call it a day sooner rather than later.
It is Oxi day here in Greece and I explain the historic context of that which brings me to why the EU has enabled conman Darren Winters to keep cheating the vulnerable and parting them from their money. I then look at Crawshaw (CRAW), Blue Jay Mining (JAY), Great Western Mining (GWMO) which is the ultimate penny dreadful, SalvaRx (SALV) and VR Education (VRE). And I should warn my old pal, the offshore based asset stripper, Jim Mellon that I have more bad news for him over the weekend.
The somewhat obscure headline references are explained in the podcast suffice to say Mr Burns is a top guy and no Darren Winters as implied yesterday. At a company level I look at Accesso Technology (ASCO), Diurnal Group (DNL), First Derivatives (FDP), SalvarX (SALV), Sosandar (SOS) and Akers Bioscionces (AKR) and a most extraordinary statement from it today.
In today's delayed podcast I look at the lessons for SalvaRx (SALV) from the Plethora (PLE) & Regent Pacific episode and ask what is happening at Regent as its shares continue to slide? I also look at the increasingly confused picture at Online Blockchain (OBC) and then ponder why CEO's should not be a guide to share prices or when to sell, ref Optibiotx (OPTI), noting also today's events at Skinbiotherapeutics (SBTX)
In today's bearcast my mind is a bit elsewhere as I explain HERE. But I cover SalvaRX (SALV), Optibiotix (OPTI), the fraud MySquar (MYSQ) and Falanx (FLX).
You have less than a week of me berating you but as we celebrate Optibiotix (OPTI) reaching 100p ( twice) today I ask you to spare a tenner for a great cause. We are more than 80% of the way to hitting our £20,000 walk for Woodlarks target so ahead of 32 miles of pain for myself, Brokerman Dan & Lucian Miers please donate HERE. Elsewhere I look at IQE (IQE), Frontera (FRR), SalvarX (SALV), Pantheon Resources (PANR), Golden Prospect Precious Metals (GPPM) and finally what may be a major scandal at Cabot Energy (CAB).
As old Jim Mellon is such a good friend I thought I'd have a butchers. Is it because of more problems at the Diabetic Boot Company or is it a cash crisis at SalvarX (SALV) or at Regent Pacific? What is it about this related party nest of snakes that is making investors shun shares in Jim's Port Erin (PEBI)? I discuss in detail. I also look at MySquar (MYSQ) as the fraud skids to a new low, Ecsc (ECSC), the cyber junk play, FastJet (FJET) - another bailout placing ahoy - and old Clem's spoof Online BlockChain (OBC) as it tanks again. And then its RIP Conviviality (CVR), formal notice of wipeout for those who punt on the back of a brokers note and for other investors. If you like bearcasts then remember that at UK Investor on April 21 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.
What a great day. Telit (TCM) is under investigation by the FCA and Eqtec (ETQ) has really screwed up although why can't its PRs tell the truth for once and admit that its change of strategy was because I caught them all with their pants down and exposed them? This scandal begs real questions of Nomad Northland - hey chaps have you handed back the £75,000 yet? I also look at Optibiotix (OPTI) where last week's share purchase looks all the more prescient after news today. I look at Mosman Oil & Gas (MSMN) which is a dog whatever Zac Phillips is paid to say. I comment on Quartix (QTX) - insider dealing or bad luck? I comment on cash strapped SalVarx (SALV) - time for Jim Mellon to get his wallet out again methinks. And I look at Quadrise (QFI) where a placing looks inevitable after today's debacle. If you like bearcasts then remember that at UK Investor on April 21 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
Two days, two bull articles on IQE (IQE). It has worked and I have been goaded here is is why Malcolm Stacey is talking bollocks. I also reference the fraud Eden Research (EDEN) in this discussion on profit being a matter of opinion and that is why cash matters. I discuss why being a liar is bad news as a CEO ref Mkango Resources (MKA) then tease Andrew Monk and Richard Jennings about Gulfsands Petroleum (GPX) - their oil analysis as bad as their Syria analysis on this occasion. Then it is onto Flybe (FLYB) and a detailed discussion of the looming cash crisis and joke valuation at Sound Energy (SOU). I suggest SalvaRx (SALV) run by my good friend Jim Mellon faces a bit of a cash issue. Then I explain why I have cut my UK Oil & Gas (UKOG) target price to just 0.25p making it, at 1.125p, still a slam dunk sell. If you like bearcasts then remember that at UK Investor on April 21 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
I start this bearcast with a tale of Joshua meeting snow for the first time - a photo later maybe. Then it is onto Lyin' Steve Sanderson and today's horror story at UK Oil & Gas (UKOG). The share price collapse is only starting. Today's disaster for Neil "Nomates" Woodford is HaloSource (HALO) which I discuss before posing a question for my old pal Jim Mellon about SalvaRx (SALV). I comment on London Capital (LCG) and promise more on that debacle tomorrow while also noting that it is countdown to results day at Inspirit (INSP). Get your beer and Christmas popcorn ready...
In a wide ranging bearcast I ask whether the demerger of Afratin by Bushveld (BMN) will necessarily create value for shareholders. Then it is onto the read acrosses from Pendragon's (PDG) statement, not least for BCA Marketplace (BCA). Then I look at the scandsalous cash-piss by the evil fake news poll tax funded BBC on Interserve (IRV) and what it means for Interserve. I look at MySquar (MYSQ) and how soon it is a zero, UK Oil & Gas (UKOG), Andalas (ADL) and then onto SalvaRx (SALV) where, the fugitive from justice in South Korea, old Jim Mellon has pumped in more cash but where a real crash crunch clearly looms. Finally a few words on TrakM8 (TRAK)
The sub scale bank Manx Financial (MFX) admitted yesterday morning that it could do with raising some more capital for regulatory purposes. It had considered a placing but, for some reason, that idea had not flown. But luckily its chairman Jim Mellon had a stack of warrants at 6p outstanding with a deadline for exercise of er...yesterday. With the share price at 8p surely this was a nil brainer for my good friend, the offshore based asset stripper, Mellon?
This is a long podcast as there is much to cover. On the agenda: Magnolia Petroleum (MAGP), Milestone Group (MSG), Metals Exploration (MTL), Servision (SEV), Pantheon Resources (PANR), Fusionex (FXI), SalvaRx (SALV), Telit Communications (TCM) Jim Slater & PEG investing and finally the Aussie Poltroons Slater & Gordon (SGH)
I am sure that after events today at Cloudtag (CTAG) you had a good idea how this podcast would start! I move on - as I await apolgies from hundreds of morons for all the abuse and attacks - to cover Avanti Communications (AVN), ECR Minerals (ECR), Milestone Group (MSG), Redcentric (RCN), Red Leopard (RLH) and SalvaRx (SALV) where it is placing ahoy! Oh yes, Aidan Earley has served me with a libel suit. Natch I will see the bitchez in Court but I too have a little surprise for Aidan. More on that later. Smiley face.
Weekend press reports (not in the UK natch as the British press is ignoring this £2 billion City scandal for reasons one can only imagine) suggest that the FBI is now investigating. Already in France there have been arrests including that of the CEO of Areva - Atomic Anne - which bought AIM & TSX listed Uramin for £2 billion and had written all of its assets off as worthless within three years. There is also a major new investigative book out on the scandal due out on Thursday. I am sure my good friend Jim Mellon will be ordering an advance copy. Elsewhere I look at Vislink (VLK), at the train wreck waiting to happen at Advanced Oncotherapy (AVO), at Fitbug (FITB) and Cloudtag (CTAG) and then finally at SalvarX (SALV) - placing ahoy on this related party express train to planet hype.
Yes, I am indeed resident at a motorway service station as I explain HERE. In today's podcast I look at ethics, Milestone (MSG), Strat Aero (AERO), SalvaRx (SALV), Gulf Keystone (GKP), Blur (BLUR) - as a long I kid you not - and Audioboom (BOOM), er..less so.
The pizza hardman took a test to see if he can stay in the UK and avoid deportation to the socialist hell hole that is Canada. I give you one of the questions whuch had me stumped since in part it depends on whether you live in the hard working South or the Northern welfare safaris. Then I answer a question on forward selling and another listener question on whether Sirius Minerals (SXX) is cheap. Then it is onto Harvest Minerals, (HMI), Iofina (IOF), Alba (ALBA) and the Jim Mellon joke that is SalvaRx (SALV) which I have covered in full HERE. Finally I am working on exposing an AIM listed company which has been engaging in industrial scale bribery. I hope to run the story tomorrow. Can you guess the company? Suggestions in the comments section below. Ho Ho Ho.
My old pal Jim Mellon is an ardent Europsceptic who campaigns for Brexit although, as a resident of the Isle of Man, he cannot actually vote himself in the great referendum. But all power to his elbow and I am sure that his offshore donations will be put to good use. But there is surely some irony in today's announcement from SalvaRx (SALV) where Jim is the largest shareholder and chairman.
I seem to have annoyed a lot of folks with an early article on the attacks in Belgium HERE but I am unrepentant and go on to point out a few other things most folks dare not say. From that mess created in the Middle East to another - Gulf Keystone (GKP) and why its RNS today is so bad and tells you 1p is the best case scenario. Then onto what was 3 Legs Resources but what is now SalvaRx (SALV) and why I find what has gone on just not acceptable. I also comment on stock manipulation, Sirius Petroleum (SRSP) and Gulfsands Petroleum (GPX) which I cover in more depth HERE
This is quite simple. Either Oxi - the company reversing into 3Legs (3LEG) has filed monstrous lies at Companies House or Jim Mellon's 3 Legs has told monstrous lies to AIM. It is one or the other there is no third way and as such 3Legs needs to re-issue its RTO document to explain who was lying and why? In part 1 of this series I demonstrated unacceptable greed and Companies House filings that DO NOT ADD UP. Now here is the killer.
3 Legs Resources (3LEG) would have gone bust without my good pal Jim Mellon going in last June, investing £500,000 for a 29.9% stake and organising a Reverse takeover announced today. So he is a hero. The only problem is that this whole RTO stinks, companies house filings are all over the shop, nothing adds up and the stench of greed is palpable.