If the FCA was not staffed by such useless mothers, it would have forced Wildcat Petroleum (WCAT) to issue a brand new prospectus just 6 weeks after its December 30 2020 listing as it announced a whole new business strategy. But the FCA is not fit for purpose so it will, I expect, ignore black and white evidence that the very first RNS issued by Wildcat was a whopper of a porky. On the (sub) Standard List who cares?
The journalist-smearing, Sefton fraud-enabling PR man turned analyst and all-round tosser Dr Michael Green has updated the world with his take on Bluebird Merchant Ventures (BMV) after yesterday’s news. While his initial coverage was patently ludicrous with a target of 34.79p which I rubbished HERE, the latest note is less bonkers with a target of 16.72p. That is about twice my own target for Christmas, as I explained HERE, but here is the note from the disgraced Green.
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.
NoGold has still not been in touch regarding the £50 he owes me. It seems as if my good mates at the FRC really are getting tough on executives who commit accounting fraud. Fabbo. But I ask for more. And what of lying? It is fraud of a different sort and I have strong suggestions for what the FCA and especially the Oxymorons at AIM Regulation already can do and very rarely do do but need to do so more often to drain the swamp and put me out of a job.
55 is too young to die. But sadly it appears that lawyer Gary Withey has passed away suddenly and of natural causes. He was a controversial figure but a friend of mine and a saviour of this website.
I start with the incredibly exciting matter I flagged yesterday. It did happen and I shall be able to say more in 4-6 weeks. Then onto the death of Robert Mugabe. I am sure the BBC will focus on early heroics. It should not. That is like saying "but... Hitler created some good art early on." I celebrate Mugabe's death wishing it had happened years ago. I look at how the regulators fail to tackle white collar crime reference Sefton (SER) and at why Altitude (ALT) MUST be investigated. I also cover Alien Metals (UFO) and Neil Woodford dog Xeros (XSG).
I start with the threat of a UK recession, piffle tweeted by the lunatic David Lammy MP, the link to Brexit (minimal) and the stockmarket implications. Then onto Burford (BUR) where events move apace but the company seems to think bear raider Carson Block of Muddy Waters is in legal hot water. Instinctively I side with Block, however if today's Mail is correct and he has closed much of his short while still issuing bearish tweets then is he any better than Chris Oil on Sefton or shamed broker SP Angel on Blue Jay (JAY). On that basis....
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.
Two caveats. Firstly, the analyst producing this note is Dr Michael Green who as PR man to the fraud Sefton (SER) earned a fat wedge protecting that fraud by, inter alia, masterminding a dirty tricks campaign against myself and Dan Levi. He is a motherfucker with no place in financial services and he should be cold shouldered by anyone with any sense of morality. Secondly, Align is a paid for research provider. Notwithstanding that I reckon Wishbone Gold (WSBN) shares, which we own and bought more of at 0.1p, are very cheap. So here is the Align research. The morally bankrupt Green who Align should fire on principle, opines:
ScotttheScott was almost there but not quite. Yesterday I asked you to suggest which of the four figures below was the odd one out: former Tory leader Iain Duncan Smith, devout Christian Julie Meyer MBE, divine actress Jennifer Aniston and shamed ex Sefton Boss JimmlyLiar Ellerton. I am shocked that Henry Gewanter who, heroically, ensured that MPs expenses were leaked and who used to act for Praise The Lord failed to get the right answer. That answer is:
There is no prize but are you "freaking cleverer than God" and able to spot the odd one out? The answer I see has nothing to do with nationality or religion. Post your answers in the comment section below. Our four angels are former Tory leader Iain Duncan Smith, Praise The Lord Julie Meyer, divine actress Jennifer Aniston and shamed ex Sefton boss Jimmyliar Ellerton. Do your worst...
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.
Version 2. Darren cut off 6 minutes of the podcast first time around. I am a nice guy. I will not fire him...until Monday. After many years I have upgraded from a Nokia brick to a sort of smart phone but I cannot work out how to answer calls or indeed shut it off or put it on silent. So in this podcast it very much plays the shepherd of Porlock. In the podcast itself I discuss my domestic arrangements ahead of the return of the Mrs and a weekend with the mother-in-law ( some of us have all the luck) then look at TrakM8 (TRAK), RM2 (RM2), Online Blockchain (OBC) and reminisce about Sefton (SER) and Jimmyliar Ellerton, prompted by a long chat with Brokerman Dan last night. In detail I look at Fishing Republic (FISH) which looks, to me, an increasingly sick puppy. 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 am very excited by working through the most wonkish of data sets to show Channel 4 was serving up A grade fake news as it reported on the drought in SA last night. More on that HERE. I start with the BMR (BMR) scandal where i am an angry small shareholder. The problem is that this is not an isolated incident, I look at Telit (TCM), MySquar (MYSQ) and Sefton (SER) where crime really did pay. Then I look at an Optibiotix (OPTI) share sale and indicate at what point i will, again, be buying. I look at a share sale in BCA Marketplace (BCA) and why that is such a massive red flag compounding the thesis explained in my major report of last Autumn, The Big Short.
The only real question at AIM Casino uber dog Andalas Energy (ADL) is who exactly is the devil? On the one hand there is the incumbent board led by disgraced Dave Whitby and on the other hand you have a shareholder action group set up by the colourful Brokerman Dan (Levi). In the old days of the Troubles those prisoners in Northern Ireland who were not operating alongside fellows such as the blood stained murdering bastard Gerry Adams, were referred to as "ordinary decent criminals" or ODCs.
I started the PLC death list in June 2015 with 21 members. The aim is to pick stocks that will either go bust or get slung off the AIM Casino. Each departure requires a nreplacement. With nine new entrants today 40 names have joined this select group. So far there have been two outright failures on my part, Mariana Resources (MARL) and Jersey Oil & Gas (JOG). There was one volte face but I was ahead at volte face point and it was a great call both short and long - Wandisco (WAND), two near kills, InternetQ (INTQ) and Monitise (MONI) and thirteen slam dunk kills: Cloudtag (CTAG), Worthington (WRN), African Potash (AFPO), Jiasen (JSI), Camkids (CAMK), China Chaintek (CTAK), JQW (JQW), Afren (AFR), Daniel Stewart (DAN), Sefton (SER), Outsourcey (OUT - boy I enjoyed that one - Afriag (AFRI) and Auhua. So 13 out of 31 = 40%+ - not bad eh? Arguably that is 15 out of 31 - almost 50%! That leaves:
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.
I am delighted to say that the snake oil salesman Darren Winters, slammed by the ASA for telling blatant lies as we revealed HERE last week, has decided not to appeal against his latest court room thrashing by one of his victims, a case we funded. Given the Judge's damning verdict in Snake Oil vs Mr O, that was a wise call by the Charlatan. But even now he is trying to swindle us out of 40p. Think again Darren and your frightful wife Tatjana, the Foxy Legals are on the case.
I start with the kerfuffle over Aiden Earley of Worthington (WRN) infamy. I described earlier how he has libelled me but is threatening me with legal action. He has lost the plot and I am now talking to my lawyer about dealing with this irritant proactively as I explain in the podcast. Then I discuss why it is better to travel than to arrive and a Red Flag that links Sefton (SER) and Cloudtag (CTAG)
I really do think that this particular Cloudtag (CTAG) owning moron needs to take hisd medication. I have spent a relaxing weekend making Christmas puddings. He has spent a weekend franticly accusing someone else who tweets about Cloudtag in a bearish way of being me. It gets better...
I rather like the ADVFN service, and having met its CEO briefly a few times I rather liked him too. And as a house matter, there was much to commend about the staunch resistance to pressure being applied on ADVFN to put clear water between it and ShareProphets was over the way in which, for example, the Quindell fraud was being systematically unpicked in these parts. That was not just an issue of free speech, it was a matter of exposing bad people and trying to save the shirts of our readers. So I have an awful lot of time for Clem Chambers, the CEO of ADVFN.
As we revealed yesterday, ADVFN (AFN) bosses Clem Chambers & Mike Hodges who also run now delisted Sefton Resources (SER) have stated that flip flop Ben Turney has not submitted an EGM request to oust them. Flip Flop has denied this and accused the Sefton board of lying to their investors. Now Turney has parked his tank on the ADVFN lawn.
Flip Flop Ben Turney who is endeavouring to oust Clem Chambers and Mike Hodges of ADVFN (AFN) from the board of now de-listed Sefton Resources (SER) has accused the two men of "telling blatant and demonstrable lies to investors in Sefton."
In the greater scheme of things this is a trivial matter. Having been exposed for revenue recognition policies that were so bizarre as to teeter on the verge of fraud, of being shown to have issued pre-placing RNS statements that were er..untrue and now facing looming insolvency, Servision (SEV) is in deep trouble. So maybe I should be charitable?
Oh dear. Oh dear. The problem with frauds, as with socialists, is that - to quote our greatest ever Prime Minister, the blessed Margaret, eventually they run out of other people's money. And that brings us to Worthington (WRN) which faces a winding up petition in the High Court a week today. Beer & popcorn time!
It was almost four years ago to the day that Jimmyliar Ellerton of the fraud Sefton (SER) arranged to do a ramptastic presentation in London to try to lie to enough people to get another bailout placing away. Sadly for him both Brokerman Dan and I attended and we absolutely wiped the floor with the old rogue. It was the start of his downfall. To celebrate that Dan Levi and I have both booked in to a Mkanago Resources (MKA) presentation ...let battle commence. Fancy coming along? We gather beer and popcorn will be provided by the venue.
The board of Sefton (SER) was informed eight days ago that Flip Flop Ben Turney owned 13% of the issued share capital and was demanding an EGM to oust the current directors, ADVFN (AFN) bosses Clem Chambers and Mike Hodges with Ben taking control. The resolution arrived in the BVI yesterday by snail mail but after eight days Flip Flop has not had a response. But he seems to have growing support and there are other developments.
ShareProphets has learned that the management of EX-AIM-listed Teathers (TEA) which was put in place by shareholder activism is to put formal merger proposals to ex-AIM-listed Sefton Resources (SER) with a view to the combined entity eventually relisting on AIM. The plan, subject to due diligence and shareholder approval by both companies, would see a new project (yet to be disclosed) injected into the combined entity, alongside the Teathers App business with the aim of getting back on to the Casino. This would, of course, represent a most remarkable turnaround for shareholders in both companies if it were achieved.
The ex-AIM-listed Sefton Resources (SER) disaster story looks set to take an extraordinary new turn. ShareProphets hears that Ben Turney has now amassed enough of a holding to requisition an EGM proposing sack-the-board resolutions, appointing himself and one of his Teathers Action Group colleagues instead. Oooh, er. But the most bizarre twist of this is that we hear that the source of Ben Turney’s holding of 585.1 million shares (out of 4.7 billion) is none other than a certain Mr Chris Oil, via a private sale. Aceeeeeeeed!!
In the next 11 days we will be in Court at least once (snake oil salesman Darren Winters Round 5) but perhaps more of African Potash makes Tom a happy man and sues him for libel. He says he really does want to "see the Potash bitchez in Court!" For those company executives who consider legal letters journalists as a way of dimming pesky sunlight, I'd like to quote a bit of an article ShareProphets linked to last week. It's regarding Theranos, the once sky-high medical diagnostics firm that has had quite the fall to Earth.
Aha, let's tell the morons that we are going to take legal action against Tom Winnifrith for pointing out that we are lying bastards who commit fraud. That will allow us to get a rescue placing away but we don't want to go for libel because disclosure would destroy us. Telling spivs you are going to sue the Sheriff of AIM allowed the fraudsters at Sefton to issue more confetti several times and African Potash (AFPO) is using the same playbook. But death for this worthless POS is merely postponed by a few months.
Given the way that the concert party of criminal Chris Oil, ADVFN boss Clem Chambers and Brokerman Dan have managed to make Sefton the company that it is today, delisted and almost out of cash, folks might have feared that the next port of call was AIM Listed Antrim Energy (AEY) where the three amigos had built up a disclosable stake of 5.6 million shares.
In this podcast I relay to you news of an investigation which has now closed into me and others relating to InternetQ. It shows the sinister powers the FCA has and uses but also the crass stupidity of the regulators in pursuing such an obviously flawed investigation. Not only was I 100% innocent but I was demonstrably so. What makes the fact that these fascist poltroons go after an investigative journalist who has busted so many frauds is that the FCA has not gone after the frauds despite me handing it evidence on a plate. I refer to Quindell, 3DM ( where in its FSA days it actually helped protect the fraudsters), Globo and Sefton This has meant that investors have been screwed as a result. The FCA is not fit for purpose
The petty criminal, market abuser and deluded fantasist Chris Oil has announced that he is to quit social media and to stop posting on his tedious blog. He fails to explain why but he has put out a pompous statement on his blog echoed in a tweet. I bring you highlights of Oil's two years on Social Media below but first his blog statement which reads:
Good God, what is it that really interests you, dear ShareProphets reader? Look at these topics: Homophobic phrasing, alleged David Lenigas smears, ShareSoc's Roger Lawson talking bollocks, and pewter-circle law firm Pinsent Masons partner urging Sefton to smear Tom and Brokerman Dan are all making the top ten. Why aren't you readin Don't Short The Big Short. This Film Is A Master Class in How Top Traders Work.? That's a good piece of financial commentary.
Okay the photo is from tree huggers but WTF is going on at Horse Hill. Men in whote protective suits arriving on the site and wandering around. Doing what exactly? Perhaps you'd like to suggest what the men in white coats are looking for at the Gatwick Gusher? Over to you. David Lenigas, Chris Oil, PR genius Steffi ( who works for both), anyone involved in Sefton, menacing PR hardman David Bick, Andrew Bell, shareholders in US Oil & Gas are all fair game. Do your worst in the comments section below. Deadline midnight Sunday
Time and time again we bears warned folks that shares in Petroceltic (PCI) were essentially worthless. But the Bulletin Board Morons - as always - knew better. Tom Winnifrith is just a failed fund manager/pizza boy/alcoholic they chanted as they bid the shares to 20p+. Oh dear folks, this former oil analyst has no sympathy as today Petroceltic received a bid at just 3p per share and that is as good as it will get. The Morons - as ever - just do not know what they are talking about.
The man with the reverse Midas touch, the market abusing criminal Chris Oil has tweeted that he has sold all his oil shares. Naturally that is a lie since one suspects his 13% of now delisted Sefton (SER) is hard to shift as is the £250,000 he spunked into Lenigas Cuba (CUBA). But the tweets (below) are clear.
It is not a good start to the week for MX Oil (MXO) as it has essentially confirmed my £2 million at 1p placing article from Friday. It is reshuffling the board, now considering asset sales, its shares are slipping and its moronic shareholders blame it all on Tom Winnifrith and are stating on twitter and on various chat room asylums that they are reporting me to the FCA.Where does one start?
After meeting the ghost of Christmas past HERE and the ghost of Christmas present HERE young Christopher Oil tried as hard as he could to get some sleep. He tried counting Sefton share certificates. It was a bit like counting sheep. They were fluffy and stupid and just hopped over the fence into a big void where they disappeared. But that did not work.
As we celebrate the Celtic New Year, ShareProphets asks the old gods to bestow a special blessing upon Globo, who allowed ShareProphets to have a record-breaking week. Manannán mac Lir is probably none too happy about being asked to give a thumbs up to a big fraud like Globo, but I imagine that work is hard to come by as a Celtic deity these days.
Carry on Up the Sefton Resources (SER) has helpfully given us an update on its death throws as an AIM casino listed stock – suspension could well arrive by as soon as Friday at 7 AM. The timetable of doom is thus:
Daniel Dunkley of the Sunday Times business section is a tosser devoid of professional ethics. I explain why in this podcast and also why the deadwood press is a corrupt propaganda machine contribution to its own demographics driven demise. Then it is on to a session on value investing looking at Stanley Gibbons (SGI) and Surgical Innovations (SUN) with an en passant mention of today’s episode of Carry on up the Sefton (SER) thrown in.
I am afraid that while there have been many bloodbath days for shareholders in Carry on up The Sefton Resources (SER), tomorrow will be the bloodiest of the lot. I am expecting an RNS first thing and it is not going to be good news.
As this site as mentioned several times, Tom Winnifrith is on a sabbatical, planning to spend time with family and write a book or two. He intends to come back in the new year. Which makes this top 10 completely perplexing: all 10 are Winnifrith related. (He wrote 8, he co-wrote with Nigel Somerville on the ninth, and the 10th was a Paul Scott riposte against Tom's view on BooHoo.com)
In this podcast I have hot gossip concerning ex IGAS (IGAS) boss Andrew "Piggy" Austin - I know that Wildes will be shouting karma! I also look at Ultima Networks (UTN), Jiasen (JSI) and Bagir (BAGR) and have a snippet of information on Sefton (SER) regarding Jimmyliar Ellerton and foxy Carol
I start this podcast with a mention of my personal weekly podcats this week - The Orwellian BBC is not fit for purpose - you can catch it here. Then onto Wildes, LGO Energy (LGO), Sefton (SER) and the consequences of wage inflation and the abandonment of sound money.
In today's podcast I celebate Fiji - come on guys, the Celtic World expects. Then onto how Goldman Sachs got the FOMC to carry on blowing bubbles and the to the farce carry on up the Sefton (SER) - Raylene Whitford has quit. Then to New World Oil & Gas (NEW), Ferrexpro (FXPO), Arian Silver (AGQ), Monitise (MONI), Metals Exploration (MTL) and LGO Energy (LGO - The Sheriff of AIM vindicated once again
The flotation of the latest vehicle of Big Dave Lenigas, Lenigas Cuba (CUBA) is on course says a source close to the company and its listing could be achieved as soon as October, and will certainly occur by late November.
Carry on up the Sefton (SER) continues to provide amusement for all with three of the leading players taking to the media to put their case yesterday: market abuser Chris Oil played by Kenneth Williams, ADVFN supremo Clem Chambers played by Bernard Breslau and current Sefton boss Barbara Windsor played by Raylene Whitford. The question that emerged relates to Chambers and Oil – who is the organ grinder and who is the monkey.
Earlier this week I reported how market abuser Chris Oil had wasted Police time by reporting me to the Old Bill with West Mercia Police dismissing his compliant after just one email. But it seems, in this latest episode of Carry on Up The Sefton, that Kenneth Williams is nothing if not persistent and has now reported flip flop Ben Turney as well complaining “Oooh Officer, he is awful.”
Afren may be in administration but some Bulletin Board Morons see upside for the shares. Other morons want Chris Oil to join the board at Sefton while others regard the FCA and SFO enquiries into Quindell as good news for Rob Terry. Meanwhile Worthington news must be imminent but for the morons no news is good news while news will also be good news. You can’t make this stuff up. And so let’s have another contest this week, as the Victorians visited asylums to peer at the insane we marvel at the Morons in the LSE and ADVFN asylums. You can see the full variety of insanity from last week HERE - The winner of last week’s contest was Juicin Drumroll with this gem from the LSE Asylum:
An odd day yesterday had me reflecting on how QE and low base rates had skewed life but how that is all about to change. A bearish podcast on equity prices and UK house prices. Then onto Sefton, Armour Group and Monitise.
Oh dear. Oh dear. Oh dear. It just gets worse and worse for AIM casino poster boy Sefton Resources (SER). The company has just fessed up that the sale of its shite Kansas assets is off. And there is more: the bottom line is that another bail-out placing may be imminent.
In response to reader requests it is back, the all new Bulletin Board Moron of the Week. The ramblings of deranged blogger California Joe are barred to give all other morons a fair chance but any other BB Post or tweet which shows the sheer stupidity of some AIM Casino punters is eligible. Tweets by David John Hopkins or David Lenigas are eligible. We suggest that Sefton threads might prove happy hunting grounds this week although Afren, Worthington, Daniel Stewart and Quindell threads usually throw up some loons.
I’m on my way to Warwickshire, the Mrs has a meeting in London and so – until Didcot at least – we are on the same train. She has bought The Independent, a truly dreadful publication, which on every issue (lazy doctors, murderous Jew-hating Palestinians, economic migrants, the works) is on the wrong side. But I find myself reading it anyway. How I suffer. And then on page 53…it is me.
A brief podcast as I prepare to spend a morning on the beach with the Mrs. Then it is off to Athens. She thinks she is seeing a la dee da play. I am heading there for riot porn as the Greece Grexit crisis hots up again. Is Tsipras planning to betray the Hellenic Republic? Will he get away with it? Will Greece be booted out of the Euro anyway by the Krauts? Then a few words on the farce at Sefton as Jimmyliar Ellerton tries to make it go bankrupt via legal means. And then to the con Worthington.
As an experiment I tried to upload this direct, rather than via Pizza Hardman Darren Atwater, but could not work out how to upload my photo so had to use an alternative. In today's podcast I look at Greece, China (the real story of the day), Sefton, Fitbug, Phorm, Stratmin Global and fat cats. Real fat cats like Oakley not fat cats like Sir Martin Sorrell.
In the past seven days, 54,254 unique readers read 100,575 pages on ShareProphets. The circulation of the Investors Chronicle is c30,000. Shares is less than half of that. To our critics who think we do not count, we say think again.
Brokerman Dan feels that this website has slighted him in suggesting that after a flurry of bullish tweets on Sefton Resources (SER), he and his little friend Chris Oil sold their shares last week. Dan Levi insists they have sold none. Okay.
In a podcast organised by a well-known utter clown that went out on Thursday Sefton’s pouting FD Raylene Whitford slammed certain folk agitating for boardroom change with this biting comment "The last thing Sefton needs is another person in the company trying to line their pockets”. Ooooh er missus….
I keep having this odd image of Malcolm Stacey. He lives among the heathen celts of Wales and is a self confessed money tree worshipper, an older man with white hair - he is Getafix, the druid from Asterix the Gaul. Getafix heads off into the woods with his sickle to hack away mistletoe to make potions. Malcolm heads off into the woods to hack away at the money tree and then brews up a potion.
There is no Bulletin Board Moron of the week thread but I felt compelled to pass on this gem speculating about what the market abuser Chris Oil and his manservant Dan Levi were up to at Sefton. The mind boggles. Over to some loon on twitter who speculates:
My podcast starts with Ben Turney, naked Swedish virgins, Britt Ekland, Christopher Lee and pagan festivals. Then I move into Auhua Clean, Sefton, Monitise, Tungsten, Urals Energy, Sareum and the world's worst investor.
As an alternative to Bulletin Board Moron of the week this week we launch a new contest - twitter ramper of the week and as it is our debut all tweets going back to May 8th are eligible. And that meas that to win the contest you have to show a tweet which is either criminal or just mindless ramping that beats this one from market abuser Chris Oil.
A pot pouri of a podcast today starting with the pronounciation pedant, the great Paul Scott. Then onto a cracking Zero Hedge article on how we should have treated the banksters in 2008 - we should have followed Iceland. Then on to Greece, Octagonal, Trap Oil, Nyota, Sefton, Afren, Alba Minerals, Monitise, Power Capital Global and Windar Photonics
Before heading to the White Bear with my father, a brief podcast. Armadale I question its maths but its shares could well be cheap even after soaring 155% today. Then onto Atlantic Coal (dog), Sound Oil, Sefton, Jiasen & Cyan.
The boyband caused traffic chaos on the M4 making this leg - as all legs - of my trip back to the UK much delayed. In that bad mood I cover Mosman Oil & Gas, Sefton and a champagne swilling criminal and compare this overvalued dog to Polemos, UK Oil & Gas and Horse Hill, Sovereign Mines of Africa, Iofina, Greece and the launch of our new mag. Download your copy for free now HERE
As of midnight "flip flop" Ben "pitchfork" Turney will be editing this website as I am on leave for the next six to nine months. Let me explain.
In this podcast I try to explain how 2+2 does not equal 22 when it comes to injecting assets into shells and yes my case study is Sefton. I then turn to the China stockmarket bubble trying to show how mad things have become and what will happen when it ends in tears. As it will.
In today's bearcast I can't help but look back as the Evil Empire's 2014 accounts come to light. Then I move on to a few other favourites Quindell ( vindicated), Coms (vindicated) and Sefton (vindicated). A hat-trick of wins on a day when I deposited cash in a Greek Bank. More on that later.
Yes, this time it was at the Greek Hovel less than 15 yards from the building. And I was just 3 or 4 foot away. Cripes. I really do not like snakes which brings me on to Philip Crawford on Lombard Risk and Nomad Charles Stanley which today signed off on an OUTRIGHT LIE of an RNS penned by Crawford. I have a 14 year old score to settle with the tosser Crawford and so accuse him of lying to investors today. Is that not against AIM rules? Elsewhere I look at Tungsten, Plus 500, Sefton, Coms and Rose Petroleum which are all sells. Events at Rose have moved fast since the bearcast vindicating me (see HERE)
Naturally I start this podcast with my big news - last night's encounter with a snake: did I kill it. You can read about that HERE. Next up is a detailed look at today's news from Environmental Recycling (ENRT), formerly 3DM, then onto Tomco, Rose Petroleum, Tungsten, Blinkx, Sefton and Solgold. And then for some folks out there - including Chris Oil - I explain what constitutes market abuse and/or insider dealing and what the FCA should do about what is NOT a victimless crime.
Now on my 3rd PC in 10 days forgive the two minutes silence at the end of this bearcast...I was trying to say, more on that to follow but this little horror of a machine froze on me. Anyhow this podcast covers Reach4 Entertainment, Sefton, Hunter Resources, Camkids and the other China Norfolks, New World Oil & Gas and the growing sense of doom here in Greece.
I am afraid that the entries for the three men in a bath caption contest were almost universally obscene. Whatever I have written about Big Dave Lenigas I have never suggested that he is anything other than a red blooded heterosexual. As for the other two… well the Sith Lord did go to a posh boarding school but that was all a long time ago.
That crony capitalist Brokerman Dan is today exposed as a pump and dump merchant in Sefton (SER) is horrifying enough – see HERE. But now mad blogger Chris Oil of New World infamy (HERE) is show to be quite frankly guilty of market abuse. This is shameless and revolting.
There is a false market in Sefton and China fraud Gate Ventures and the FCA and AIM Regulation do nothing to protect investors. That is a crime. I discuss that at the start of this podcast and then go on to do the hard maths on Sefton based on the claims it has made and to demonstrate clearly why the shares are 80% overvalued. Ignore the hype and bluster and the twitter and Bulletin Board insanity just do the hard math my friends and you can arrive at no other conclusion.
On April 29th the London Stock Exchange (LSE) holds its AGM and this is a call to arms to all you peasants out there, that is to say ordinary decent private investors who have been shafted and screwed by the way that the LSE has mismanaged AIM turning it into a crime infested casino. It is time to hold the Board of the LSE to account.
Ok I am up for it. In response to popular demand I will be coming up to London on April 29th in order to attend the London Stock Exchange (LSE) AGM to give the useless tossers in charge a hard time about fraud on AIM, both Chinese and otherwise. Lucian Miers is up for it, anyone else fancy a bunfight followed by pizza.
I seem to have been reported to the FCA again. I discuss this, Vince cable, Sefton, Quindell and the failure of regulation plus a bit about faith (which I do not have) or forgiveness (which I find hard). A company specific bearcast will go live later.
In today's podcast I reflect on all the moron comments on Bulletin Boards every time Ive been threatened with legal action by crony capitalists or outright crooks. I forgot to mention Angus Forrest of Tern in that list but it did not work out to well for him just like threats from Globo, Range Resources, blinkx, Quindell, Cupid, Sefton, TXO and now Worthington as well as the clowns in charge of the LSE Asylum all ended up badly for them. Get used to it folks, I pick my targets carefully and I win! I then have a shock revelation about TXO before going on to discuss eServGlobal, Rosslyn Data, Mosman Oil & Gas and more.
All will be revealed in due course but this is going to raise money for Woodlarks, will be a lot of fun at UK Investor Show and I ask for your help. Simply nominate your top nine stockmarket knaves or buffoons of the past 12 months – all must be from different companies or organisations. For starters here is mine:
My first meeting with my barrister as I seek to have the Aiden Earley injunction lifted is on Monday afternoon and will cost £1000 +VAT. My lawyers’ fees are already in excess of that. The hearing at the High Court on Wednesday will cost several thousand pounds and so I ask for your URGENT help in getting this injunction lifted so we can expose more stock market crime.
The contents of this article have had to be withdrawn – on a temporary basis because of an interim injunction granted to Mr Aiden Earley. We are appealing this matter as we believe that the activities of this convicted crook and disqualified director, and shadow director at Worthington, merit a wider audience. If you can make a small contribution to our rapidly growing legal bill to ensure that Earley is exposed please do so. Details of why we need assistance and how to help are HERE
On Wednesday a reader sent me a photo of a Greek statue with caption perhaps intended for Mr Doug Ware, the CEO of Worthington. I wonder how Mr Ware is getting on consulting with Houyan Lin of Naibu, Rob Terry of Quindell and JimmyLiar Ellerton of Sefton who ran other companies I attacked to see how they can deal with The Sheriff? I gather Jimmy Liar has a nice mansion in Hawaii – paid for by Sefton Shareholders (minus 99.99%) – perhaps they could all meet up there. Anyhow I asked you if you could supply an even better caption for the photo below.
And so the lawyer’s letter – well email – from Worthington PLC (WRN) to me has arrived. And as with lawyers letters from Quindell, Sefton, blinks, Globo and others it is now on display at Free Speech & Liberty Pizza House. In fact it is on display in the gents as you can see below.
I stand accused yet again of insulting the entire investment community and of delighting in folks losing money. Au contraire, I delight when Bulletin Board Morons lose money but that is just a small group of those who use BBs.
Great News! Is it once more into the breach dear friends? Can I add a lawyer’s letter from Worthington (WRN) to those already received from blinkx, Globo, Range Resources, Sefton, Quindell, LSE.co.uk and other scumbags? I wonder. In case you are tempted Worthington “your company is a fraud” – I have seen off bigger scumbags than you and I really do not fear you at all.
Heck it is free speech day for me every day. In today's podcast I look at Sefton, Quindell, Afren, Igas, ISG, Insectco, Ascent Resources, Mosman Oil & Gas, Mopowered & Outsourcery
Brokerman Dan has called in from the Manchester Slums to say that he is not earning £1 a month as the saviour of Sefton Resources (SER) but will be the lowest paid executive on AIM earning just £1 a quarter. Even by the standards of the welfare safari park known as Moss Side that seems a trifle low but we at ShareProphets care and so our writers will tomorrow be gathering in Clerkenwell to record our latest Charity Single #FeedTheSlumBoy. All proceeds from the single will be sent direct to the deprived folks on the welfare safari. Once again with apologies to Bob Geldof & Midge Ure:
Sadly Mr Rhys Griffiths of law firm Field Fisher who believes in time travel has not been posting. Rhys old boy please do us a favour and stop acting as a bully boy lawyer for Bulletin Board Morons at the LSE.co.uk and become one yourself – you are so entertaining. In the absence of any more gems from Rhys, we must look elsewhere for a winner.
Shares in the fraud Naibu (NBU) were finally suspended on the AIM casino on 9 January 2015 after the NEDS woke up and requested clarification of the financial position of a company claiming to be cash generative and drowning in cash. How long does it take to check this out? What next?
In today's podcast I look at Sorbic International another AIM Casino China stock where you just could not make it up and I ask questions of its hapless Nomad Finn Cap. I also look at Sefton and at Beale and what that says about takeovers. En passant I mention the POS that is Touchstone Gold.
Cripes, I sometimes think that I am a sad git. Here I am preparing for my birthday on Monday and what am I doing? I’m talking to Steve Moore about the next share tip we are publishing on the Nifty Fifty website. Sad or what?
In light of recent events we have scheduled in a new session at the UK Investor Show on April 18 2015 – Tom Winnifrith, Quindell, being the Sheriff & a Red Flags Master Class and Tom will be joined on stage by a celebrity guest. More on that later but if you book seats for the show now using the promotional code SP25 you can get a discount of 25% - this offer ends on December 1st – book HERE
I despair. Quindell “needs to sort me out” – so says Tycoon Ted on ADVFN. Well why doesn’t it launch legal proceedings as it threatened three months ago if I did not shut up and grovel? Or does Ted think it should just have me killed. What do you think Ted? Ted posts:
I have only just driven across Ireland and arrived at Ballymaloe to record this but there is plenty to discuss in this hard hitting podcast. Oh yes it is very hard hitting indeed. On the agenda: Quindell (end game, a new whistleblower and new frauds emerging) and Cenkos (lies), Coms ( a bombshell revealed), Radiant Growth, China frauds and Daniel Stewart, Sefton, APR Energy (political risk generally) and African Minerals (vindication and 0p on the cards). Ouch, its stinging all round.
I commend you al to listen to my earlier BearCast special on Quindell the truth about yesterday's announcement - HERE. Thanks for all the kind words about it. Moving on I discuss cash or lack of it, NPV and why that is all that matters. En passant I cover Globo, Monitise and blinkx but then move on in real detail to Corero and in less detail to Sweet and Sefton.
The final talk at the first ShareProphets seminar was by me and looked at 11 ways that AIM companies artificially boost profits to mislead investors. It featured Sefton (SER) and Quindell (QPP) heavily but other real life examples were given. I thought that it wasa half decent presentation and the audience seemed to approve., To ensure that you get priority booking for future seminars (the next one on 13 October is now booked out but we will start taking bookings for 27 October next week) with 4 talks at each plus free pizza and booze register HERE.
Once again this website has exposed fraud, lies and deceit on the AIM casino – with regard to New World Oil & Gas (NEW). The statement from today vindicates everything that we have written and it has vindicated our approach. To the Bulletin Board Morons who attacked our articles as they averaged down I have no sympathy. You were warned but you insulted us. And you know who is next….
Shares in Quenron (QPP) plunged last week to close last week at 136.5p. They are now more than 75% off their highs. Where do we go next? Down obviously. The question is when not if they hit 0p. And here’s why.
Okay its time for the Bulletin Board Morons to apologise to me YET AGAIN – today’s victory is Monitise (MONI), shares in which have crashed to 31p as Visa has said that it wants out. My 10p target price stands.
It was only the other day that a Bulletin Board Moron owning shares in Naibu (NBU) referred to me as Winnifraud, accusing me of making it all up. Hey presto come Friday there were dire interims and t is clear that it is not me that is the Norfolk and the moron saw his investment slump in value by another 40%. Worse is to come as I shall reveal later today. But this follows the same pattern as we have seen with Range Resources, Sefton, Vialogy, Globo, Quindell, Iofina, blinkx, Gulf Keystone, Outsourcery etc. etc. Folks like myself and Paul Scott, the great share blogger, point out obvious reasons to sell and all we get is abuse. Paul posted this on ShareProphets yesterday re Naibu
The attacks on me from shareholders in Quindell (QPP) continue. Yesterday say them produce & circulate a defamatory video alleging inter alia that I had an undeclared short position, that my restaurant was unprofitable, that I was very ugly, that all women hated me and that the Quindell Share price was zooming ahead. How very profound. Ugly is a matter of opinion, all the other points are demonstrably untrue.
During my career I have had countless letters from companies threatening to sue me for libel. Bear raider Evil Knievil has had a good few too. I am not sure how Evil is doing but I have not yet lost a case. And have only once or twice caved by taking an article down. The behaviour of companies that resort to legal action is telling. And incidentaly those that have threatened me have nearly all, already, gone tits up.
It happens once a day. Some helpful fellow – who inevitably owns shares in Quindell (QPP), blinkx (BLNX) or Globo (GBO) says that I do not behave like a proper journalist and offers helpful suggestions about how to improve my zero credibility. Inevitably one of those suggestions is to write less about blinkx, Quindell and Globo but there are others. Let’s get this straight.
I have not had a lawyer’s letter for more than two weeks. I can only conclude either that the greedy fat cat City Bully Boy lawyers are all sipping corporate champagne at Wimbledon or that I am slipping and being too much of a nice guy for my own good. It is only a matter of time and so I invite readers to guess who will send me my next lawyer’s letter. And, to help you select which scumbags are likely to win, I offer a handy form guide.