It appears that the cash strapped fraud Supply@ME Capital (SYME) has drawn down the additional £2 million available under the Mercator loan (no sniggering at the back) facility without explicitly announcing this material new “loan” advance via an RNS. I guess following LSE rules about material disclosures is only for “little people.”
Fingers crossed. If it is what I have been promised it is curtains for one CEO. In the rest of the bearcast I discuss travails with brickies, M&C Saatchi (SAA) and the saintly Vin Murria, Bluebird Merchant Ventures (BMV),Cellular Goods (CBX),Tern (TERN),ADM Energy (ADME), Supply@ME Capital (FRAUD), Tiger Resources (TIR),UK Oil & Gas (UKOG), Argo Blockchain (ARB) and the changing appetite for bailout placings.
Having asked for readers tips for 2021 for the prize of 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2021 harvest) HERE, the following is the competition result (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2021)… And the winner is…
I hope you have a Happy New Year’s Eve. I aim to be in bed by 8 PM. Bah Humbug. In today’s podcast I look at URU Metals (URU), Lansdowne Oil & Gas (LOGP), Path Investments (PATH), Kore Potash (K2P) and the fraud Supply@ME Capital (SYME) and today’s red flag dripping trading statement. I also explain why I expect the oil price to go higher over the coming year.
I discuss the arrests made on 29 December in the USA and why the FCA should look at some of the activities of folks in the UK small cap world. Case studies include Eurasia Mining (EUA) and Chill Brands (CHLL). I then move on to Supply@ME Capital (SYME) and its news today, Wildcat Petroleum (WCAT) and also Verditek (VDTK), which I reckon is a zero for 2022 but since it can’t be shorted is not one of my tips of the year. To JP, sorry I have no idea why Peel Hunt quit as broker to Bushveld (BMN) but I suspect it gave three months notice. Leaving SP Angel as sole broker can’t be seen as good news. It is like firing our beloved West Ham as joint broker to retain the sole services of Chesterfield Town.
When you look over the 30 most-read stories of 2021, what jumps out? Fraud busting. There are one or two tips thrown in there but what ShareProphets readers really sink their teeth into is the ShareProphets team digging into the accounts and showing up the wrong ‘uns. The author of all of the top 30 articles is….
I doubt that this poster will be challenging the wonderful Rachel Riley on Countdown. If you are bored over the Christmas break and can’t get enough thrills from watching my Great Aunt in the Sound of Music try to find any comment on any Bulletin Board more moronic than the one below, from the LSE asylum Supply@ME Capital (SYME thread natch. Post your entries in the comments section below. The deadline is midnight on Boxing Day.
In today’s podcast, I reflect on yesterday’s family meal in Shipston, then look at Central Copper Resources and Red Rock Resources (RRR), folks may believe in Santa but do they still believe in Andrew Bell? Then I consider Tern (TERN), PCF Group (PCF) and the fraud Supply@ME Capital (SYME) and I urge you to enter Nigel’s sweepstake HERE before midnight. Finally I have along look at Vast Resources (VAST).
AIM “starlet” PCF Group (PCF) has finally published its long delayed annual report for the year ended 30 September 2020. The company’s shares remain suspend at the present time. The strategic report indicates that “a number of items have caused a reduction to profit before tax of approximately £7 million for the twelve months to 30 September 2020, compared with the preliminary results published in December 2020”. The preliminary results recorded a profit before tax of £2.1 million so it’s a massive change.
I start with my personal experience of the NHS today and how much I’d like to see all GPs lined up againat a wall and shot. I am so bloody angry. Then it is onto Union Jack Oil (UJO), Chill Brands (CHLL), Tern (TERN), the fraud Supply@ME Capital (FRAUD) and Hurricane Energy (HUR)
In today’s podcast, I discuss Christmas cheeses past and present, Bluebird Merchant Ventures (BMV), Guild E-Sports (GILD), Boohoo (BOO), Ince Group (INCE) Supply@ME Capital (SYME) and Eurasia Mining (EUA).
Supply@ME Capital (SYME) has been forced by Companies law to call a GM where it can explain to shareholders its historic serious loss of capital and what it is going to do about it. Its reponse so far has been risible, claiming that revenues will go up next year. This from a company that has had to slash sales forecasts it put into the market for 2021 to almost nothing in two slashes since July. But there is a more serious issue: impending insolvency. I have written to the FCA, the regulator — no sniggering at the back — in charge of the Standard List.
Recorded from my new studio, that is to say a hired car in Greece, I start with olive harvest news then move onto Versarien (VRS), Supply@ME Capital (SYME), Guild eSports (GILD) and Argo Blockchain (ARB). Natch you’d be bonkers to own any of these four stocks.
The top non-Tom article this week is The ShareProphets Sunday Pub Quiz #117 by your truly at number 12 or number 18 if you include the Bearcasts.
On September 29 2021 the fraud Supply@ME Capital (SYME) issued an RNS titled “New £7 million Loan Note Facility completed”. That was all a lie and we are now four days overdue on an RNS relating to it.
I write after a day in which shares rallied sharply after Friday’s big sell-off. That shakedown was on fears that the Botswana covid variant or rather the extreme over-reaction to it given the level of hospitalizations and deaths it has caused (0 & 0) could see corporate earnings hammered. I noted on Friday that the sell off was driven by a false fear. Surely even the lunatics in charge of the asylum we call Britain will soon have to accept that the Omicron (an anagram of moronic) variant is no great threat and thus the new lockdown measures will have to be reversed and thus the impact on PLC earnings will be trivial. One would hope so. That growing realisation that our leaders have blundered is what, one suspects, drove the rally.
In today’s podcast I discuss why I worry that my wife may have become a real housewife of posh Cheshire, not the part where they play rugby league. Then I look at ADM Energy (ADME) and that RNS reach issue again, tell you about a psychic moron who owns shares in Supply@ME Capital (SYME) and then I discuss, at length, Skinbiotherapeutics (SBTX) after a chat with CEO Stuart Ashman today and on the back of that I have bought more shares in the company.
I don’t expect the morons who own shares in this fraud are accounting geeks. So I shall try to make this very simple for them for Supply is finished.
In today’s podcast I look at Vast Resources (VAST) and why you should read an RNS closely and at Supply@ME Capital (SYME) as I get my dates confused and so, it seems, does it. I consider Eurasia Mining (EUA) – surely a statement needed. I look at Skinbiotherapeutics (SBTX) and at Amigo (AMGO) where surely even Evil must concede defeat at the hands of the FCA on whose side I am on, in this matter at least.
In the end frauds always run out of other people’s cash. It will be the same at Supply@ME Capital (SYME) and today’s Bearcast is a detailed analysis of just how bad its cash position has become. I also comment on ADM Energy (ADME) and wind damage to the slates here at the Welsh Hovel.
Quelle surprise. Who would have guessed it? The fraud Supply@ME Capital (SYME), now almost out of cash and still burning cash, has elected to pay the remaining November amounts due under its Mercator death spiral – which at announced as being a loan - by issuing more shares rather than in cash. Calling this deal a “loan” was the least of the lies told by Supply But it was a lie. With the shares at 0.1525p Mercator will have already forward sold – see volumes in the past couple of days – the £300,000 of shares it received at 0.135p. But there is a bigger elephant in the room.
The triumphs for me are Globo (GBO) where the man who should know recognises my unique work and puts the FT’s snot gobbler in his place as the FCA swoop and SpectrumX and some real Tory sleaze exposed as it goes bust as advisers say its IPO is on track. Then I look at AO World (AO.) where almost all the writers here are vindicated and deserve an ouzo tonight (sparkling water for puritan Chris), and Harland & Wolff (HARL) – ouzo for Peter Brailey, cabbage water for Andrew Monk. Finally a few words on the lastest spoof from the fraud Supply@ME Capital (SYME).
Eight Capital Partners (ECP) is blessed with having as its chairman Dominic White, one of the brains behind the Supply@ME Capital (SYME) fraud and until recently its chairman.It also has as its CEO David Bull whose accounting blunders have created a massive black hole at AIM Listed PCF (PCF) causing its shares to be suspended. Bull chairs the Audit Committee, no sniggering please, at Supply. And Eight is, via a complex structure enabling Supply boss Alessandro Zamboni to dump all his remaining shares in his Standard Listed scam. What’s not to like? Oh yes: Eight has fallen foul of the Companies Act.
Jim Coyle as a highly experienced finance Director would be acutely aware of the risks associated with related party transactions between the CEO of a public listed company and his private company interests and in this regard, I bring to his attention a few questions he should be posing at his next Board meeting about related party transactions between Supply@ME Capital (SYME) and companies run by CEO Alessandro Zamboni.
I start with the tale of the psychic PR man and Edge VCT. Then I look at Wildcat Petroleum (WCAT), Powerhouse Energy (PHE) and Supply@ME Capital (FRAUD). We live in a world that is truly bonkers. Then I ask if Avon Protection (AVON) shares have fallen too far on today’s, admittedly bad, news
I discuss what I should write in my weekend Tomograph: losing faith in the CofE or why is sleaze everywhere? That leads neatly onto inflation and that shock US data yesterday. Then I look at the fraud Supply@ME Capital (SYME) where my vindication is complete, and which I can celebrate with vodka infused plum crumble, Volex (VLX), Manolete (MANO) and Feedback (FDBK)
I start with a few notes on horticulture here in Wales then move onto questioning my strongly held belief that Supply@ME Capital (SYME) is a worthless fraud. Then I explain why the recent Cenkos note on Skinbiotherapeutics (SBTX) is wrong and how, via its website, the company faces an acid test. Actually the website I refer to has now been amended as you can see HERE. But not before my contact placed an order. Finally I look at Vast Resources (VAST) and its shocking placing followed by even more shocking no-one is watching O’clock results.
We know from the RNS of 6 July 2021 that the fraud Supply@ME Capital (SYME) valued the loss making, sub-scale, asset manager Tradeflow Capital at approximately £31 million and that approximately £7 million was paid upfront (£4 million in cash and £3 million in shares) which leaves approximately £24 million to be paid assuming that Tradeflow hits its revenue targets.
Shareholders in Supply@Me Capital Plc (SYME) have dual exposure to Mr. David Bull. The first is in his capacity as the Non-Executive Director and Audit Committee Chairman of Supply where his role is to exercise oversight and guidance over the financial reporting process and controls at the Group. The second is via his position as CEO of Eight Capital Partners (ECP) which holds an equity interest in Supply and is also lender to an Alessandro Zamboni corporate shareholder in Supply which is secured on Supply shares.
As I previously explained it appears that the timing of the Tradeflow Capital acquisition was conveniently timed to occur on 1 July 2021 because it meant that the £4 million cash outflow for the acquisition did not have to be reflected in interim balance sheet. It also enabled the fraud Supply@ME Capital (SYME) to have another 6 months to draw up its consolidated balance reflecting the acquisition of loss making Tradeflow.
Chancer Allesandro Zamboni likes to promise a lot but is always having to make excuses for the continual delays in inventory monetisation at the fraud Supply@ME Capital (SYME). In the AGM shareholder question and answer paper, the following question was raised about another FinTech business Taulia:
The whole team at ShareProphets has long been sceptical about the fraud that is Supply@ME Capital (SYME) and the excuses that CEO Alessandro Zamboni regularly trots out to explain the endless delays in inventory monetisation. Whilst some of the Bulletin Board Morons that have invested in this scam are slowly developing some sense of scepticism others simply swallow Alessandro’s latest bullshit explanation even when the excuse doesn’t stand up to even minor scrutiny. Take for instance the latest explanation for the non-purchase of the FinTech bank as set out in interim results of 30 September 2021 below:
Tomorrow, I shall tell you about a young man in despair, naming no names but what it says about this country. Today, I look at Powerhouse Energy (PHE) options and warrants, Zoltav Resources (ZOL), Sensyne (SENS), Supply@ME Capital (SYME), Parsley Box (MEAL), Deepverge (DVRG) and Chill Brands (CHLL).
In today’s podcast I look at a raft of utter triumphs for me as a bear: Rosslyn Data (RDT) – no longer run by a former pornographer – Supply@ME Capital (FRAUD), Chill Brands (CHLL), Braveheart Investment Management (BRH) and Parsley Box (PUKE).
So the directors now admit today that Supply@ME Capital (SYME) might go tits up. The new death spiral, is at a 30% interest rate suggesting its providers agree with the management. The company has lied repeatedly to investors, it will be out of cash by Christmas and is a fraud. Is there anything else not to like? Er…yes!
I shall turn to quite appalling interims issued this morning by Supply@ME Capital (SYME) later. Suffice to say, they are dire and anyone holding onto the shares is completely bonkers, But first, yesterday Supply announced it has received a new loan which was really a death spiral. But how expensive is this facility? I now explain why Supply has deceived investors, yet again.
The FCA is meant to regulate the Standard List of the LSE. Cripes it is not just at the back I hear sniggering, you are all laughing out loud. Please be serious and let us treat the FCA with the respect that it is due. Standard Listed Chill Brands (CHLL) has misled investors as to its trading position. What will the FCA do about it? I have written a letter this morning.
Supply@ME Capital (SYME) flagged up that this would happen a few weeks ago but today it has announced “New £7 million Loan Note Facility completed”. A loan as in you pay back the cash at the end of the term right? Er.. wrong. It is a death spiral.
It is hard to know where to start with the ludicrous announcements from Aquis Listed Eight Capital Partners (ECP) controlled by former Supply@ME Capital (SYME) boss Dominic White. But having seen the FCA overlook industrial scale fraud at Supply, in its capacity as , ahem, “regulator” of the Standard List, White says he is going to move Eight to the Standard List. Surely the FCA has to reject this application? Why?
I am up early thanks to a new nightmare. Can anyone interpret it? Are you out there Joseph? I then look at saint Vin Murria and Summerway Capital (SWC). Then I discuss Lucian Miers big Joe Retail toxic four (Chill Brands, Supply@ME Capital, Tern and Eurasia), why things are going his way, which will crack first and why and what the fallout will be. A regular bearcast will follow later.
The fraud Supply@ME Capital (SYME) held its AGM on 3 July and it took until 16 September to provide responses to the questions raised by the morons who own its shares. Admittedly there were 182 questions but there was a large degree of overlap in the questions and Supply resorted to standard answers for many of the questions. For instance, 22 questions related to trading (numbers Q27, Q40, Q44, Q69, Q73, Q77, Q87, Q118, Q121, Q122, Q123, Q124, Q135, Q140, Q141, Q146, Q156, Q166, Q168, Q169, Q174, Q178) were answered with a one sentence reply essentially stating refer to revenue guidance. Similarly, 12 questions on Negma convertible loan note (Q67, Q82, Q83, Q95, Q96, Q97, Q112, Q120, Q125, Q126, Q161, Q172 were answered with the statement “The Company recently updated the market regarding the termination of the Negma arrangement.”
So far you have met the fraudster Queen, the other South Africans on the board who are mired in this fraud and an enabler, broker Pello and its boss Andy Frangos who are also deeply implicated in the Umuthi (UHS) bezzle and the patsy UK NED Colin Bloom - now since resigned. Then we established that nobody actually knows how many shares there are in issue. and finally we established that there is almost certainly no real business at Umuthi whatever it accounts state! And then we exposed the red flags over auditors and the enablers at Jeffreys Henry Earlier today I turned to the resignation of Memery Crystal. Next up is the UK’s regulator and why this episode, again, shows it to be not fit for purpose.
Oh dear, oh dear. Shares in PCF Group (PCF) which have been “temporarily” suspended since an accounting black hole emerged on 19 May look like they are going to be “temporarily” suspended a good bit longer. The AIM dog had said that the black hole in the September 30 2020 P&L was going to be less than £750,000. But today…
Yesterday I was reviewing Lucian Miers’ big 5 small cap shorts with the great bear over breakfast. Breakfast BTW was porridge with homemade stewed apples (from the Welsh Hovel) in cinnamon. In the podcast, I discuss last night’s culinary fare but then probe Lucian on what he sees as critical mid and end points for each of his 5 UK small cap big shorts: Tern (TERN), Versarien (VRS), Chill Brands (CHLL), Supply@ME Capital (SYME) and Eurasia Mining (EUA).
This really is Alice in Wonderland stuff. Sitting on the big mushroom is Dominic White, the ex-chairman of the Supply@ME Capital (SYME) fraud but also boss of Aquis listed Eight Capital Partners (ECP) whose last stated net assets were just £40,000. Now Supply promoter Zak Mir hands over the hookah to the dormouse. Please try to keep up.
The FCA needs urgently to take a look at the paid for research market. It seems anybody can enter and then can charge a fat fee for publishing whatever ramptastic shite they like. On Tuesday I cited the utter fiction produced by Proactive Investors on the Supply@ME Capital (SYME) fraud. Today I bring you one reason Eurasia Mining (EUA) shares roofed it yesterday, a report from ACF Equity Research, a company that cant publish its own accounts so why on earth should it be able to analyse those of anyone else?
Supply@ME Capital (SYME) may have a couple of new directors but that appears to have changed now! It still appears to take a delight in deceiving the morons who own its stock. Today it says that it has closed its death spiral facility with Negma and replaced it with a loan except that it is not a loan but another death spiral! And it gets worse.
I have, this morning, written to the FCA asking it to explain its failure to act on specific information provided to it on January 29 2021 about fraudulent accounting at Supply@ME Capital (SYME). Its failure to act meant that investors were deceived. This failure is one of so many and demonstrates just how useless the FCA has become. It went to the same folks in Market Integrity, including boss Mark Steward, who received the January 29 missive and acknowledged its receipt. It reads:
In today’s bearcast I look at Salt Lake Potash (SO4), MyHealthChecked (MHC), Supply@ME Capital (SYME), Chill Brands (CHLL) and Union Jack Oil (UJO) as well as at internet trolls who want me dead.
There is so much in today’s absolutely appalling trading statement from the fraud that is Supply@ME Capital (SYME) that I need to cover it in three parts. I kicked off with how Supply deceived the woke dullards at the FCA and investors with bogus revenues. Then there was the shocking misleading Proactive report now exposed as pure fiction. Now we turn to the actual trading…
The tweet below comes from a chap who joined twitter in May 2021 and has one follower and who is following one person. He calls me Squire which is a funny way of addressing me and suggests that he is a bit of an oik. His tweet is defamatory.
There is so much in today’s absolutely appalling trading statement from the fraud that is Supply@ME Capital (SYME) that I need to cover it in three parts. I kicked off with how Supply deceived the woke dullards at the FCA and investors by reporting bogus revenues. Now I move on to how it has helped generate liquidity for death spiral provider Negma with paid for research which is pure fiction.
There is so much in today’s absolutely appalling trading statement from the fraud that is Supply@ME Capital (SYME), that I need to cover it in three parts. I kick off with how the FCA ignored evidence from me and allowed Supply to get away with publishing bogus revenues, something it has today finally fessed up to.
It has just been brought to my attention that ADVFN has been hosting a (brief) thread dedicated to discussing my demise. It has been live since February 17 as you can see below. It’s only point is discussing my demise something spurred on by my exposes of and obtaining the suspension of, the fraud that is Supply@ME Capital (SYME). Does ADVFN really think that offering a platform to discuss such a matter is appropriate. Will it take firm action and not only can the thread but ban the sick mind who created it? I have asked the question of ADVFN Boss Mike Hodges this morning?
Two dogs, covered extensively on Shareprophets.com where i am short are leaving it rather late to come up with the goods. Chill Brands Group (CHLL), formerly Zoetic, has until Tuesday to publish its results to March 2021 (and that’s after a Covid extension) and Supply@Me Capital (SYME) has stated that a trading update is “expected” this month.
In today’s bearcast, I look at those failures in detail: Wildcat Petroleum (WCAT), Tirupati (TGR) where you might brace yourself for some language some may deem sexist and not very 2021, and Supply@ME Capital (SYME) where today’s extraordinary news really should alarm any holder. I also revisit Argo Blockchain (ARB) which has published its US listing prospectus HERE which I comment on. En passant, I look at share trading patterns in Versarien (VRS) and Chill Brands (CHLL) and what they tell us about sentiment in what were last year’s Bulletin Board darlings. They are just so 2020 aren’t they?
Dominic White stepped down as chairman of the fraud Supply@ME Capital (SYME) on July 22 but is still involved in the company and the way CEO Alessandro Zamboni is dumping all the shares he controls. Today, White’s Aquis listed company Eight Capital Partners (ECP) has put out a release which is all about Supply shares but, for some reason, fails to name the company once. Suspicious? You bet.
Who is Negma the death spiral provider to the fraud Supply@ME Capital (SYME). Negma probably thinks all its Christmas have come at once and cannot believe its luck being able to flog so many shares onto moronic mug punters thanks to a recent, utterly unjustified, rally? Well here are a series of remarkable coincidences for you to consider.
I start with a few reminiscences about how myself and George the Architect exposed the InternetQ fraud. Then I cover: Kefi (KEFI), Supply@ME Capital (SYME) and More Bull from it, Vast Resources (VAST), Purplebricks (PURP), Argo Blockchain (ARB), Verditek (VDTK) and Andrew Bell’s Red Rock Resources (RRR).
In between visits from two men called Nicho I look at Powerhouse Energy (PHE) & the green bandwagon of fear, Argo Blockchain (ARB), BlueJay Mining (JAY) and the fraud Supply@ME Capital (SYME).
The top non-Tom article this week is Escape Hunt – John currently getting away with this ‘growth’ Story… but for how long? by Steve Moore at number eight or number 14 if you include the Bearcast and Tom’s new shareshow.
Ian Westbrook is now just £800 from making loathsome Neill Ricketts of Versarien (VRS) sweat in Court in January like the pig he is. Please keep those tenners, twenties and fifties coming in HERE. I look at today’s bombshell on the fraud Supply@ME Capital (SYME) and explain why that makes it a slam dunk zero. Then it is Central Copper Resources where I am sending out numerous emails to get its AIM Sewer IPO strangled at birth.
Silence remains on whether the CEO of the fraud Supply@ME Capital (SYME), Alessandro Zamboni has covertly sold all his shares. If I was him I would because, as I shall demonstrate below, its business model just cannot work. Forgive the deep drill on accounting but if you follow my lead you will see more evidence that Supply has misled investors and is a zero.
I look at the shock suspension of trading by the FCA of City broker Pello. I look at Braveheart Investment Management (BRH) and how Trevor Brown has made £7.5 million from pump and dump while mug punters have lost up to 85% on one pump and 60% on another. Finally, tomorrow will see an explosive dossier on the fraud Supply@ME Capital (SYME). It is a zero. Meanwhile, Ian Westbrook has now raised £19,105 on the make loathsome Neill Ricketts of Versarien (VRS) sweat like a pig appeal. We need just £895 to hit target so keep those £10 and £20 donations coming HERE
I cannot see a reference to this on the Supply @ME Capital (SYME) website but some folk think it is 26% of the equity. I think it is 0% and following the posting of THIS document, it strikes me as important that the truth be known. If the CEO has dumped his entire holding, why would any sane investor own the stock? I have written to the FCA as you can see below.
I start with a discussion on the forest fires in this region of Greece then move onto the impending total humiliation of Julie “Lingerie on Expenses” Meyer after today’s shocker HERE. Then I look at Supply@ME Capital (SYME) asking if its boss owns any shares at all. He certainly does not own 26% as claimed. Then I look at the Optibiotix (OPTI) trading statement discussing it and Skinbiotherapeutics (SBTX). Finally back to a wretch: Versarien (VRS) and its shite results which show why we must get Ian Westbrook over the line – he is now, with a slightly extended deadline – just £1775 shy of making the loathsome Neill Ricketts sweat in court. Please keep giving those tenners and twenties HERE
While I was recording bearcast, Zoetic (ZOE) announced that since promising results in July on May 17 – by when it would already have done much of the audit work – it had discovered all about covid so would not now be releasing, what will be piss poor, results (for the year to March 31 2021) until this month. Good news travels fast, bad news is delayed. The real reason for the delay is explained in this podcast. I also cover discussions with the regulators on UK Oil & Gas (UKOG), Supply@ME Capital (SYME), the John Story episode and getting the shyster resigned from Escape Hunt (ESC). I speculate on what he did next. And there is a final appeal for Ian Westbrook. Do not let the loathsome pig Neill Ricketts win by default, please donate HERE
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.
First up, thanks for all the tenners for Ian Westbrook. We still have two days to hit the £20,000 make loathsome Neill Ricketts sweat target and are now on £14,694. We are still talking to two potentially generous donors so please do keep the tenners flowing HERE to stop the Versarien (VRS) penny share huckster winning by default. Then onto lying on AIM and also covering up bad news with late releases. I look at Supply@ME Capital (SYME), Verditek (VDTK), Powerhouse Energy (PHE), Cellular Goods (CBX), Escape Hunt (ESC) and, of course, the fraud Zoetic (ZOE). The stench of chumocracy corruption is rife in the City as liars go unpunished. It is most depressing.
An early podcast as Joshua and I are off exploring for an old bridge and a back road to Orova shortly. In today’s bearcast, I look at Predator Oil & Gas (PRD) – a cause for extra ouzo tonight as Ron Pilbeam gets the order of the boot after my missive to the FCA – at new IPO Spinnaker Acquisitions (SPAQ) which looks like an overpriced nest of vipers and finally at the fraud Supply@ME Capital (SYME) whose RNS today is just complete and utter bollocks.
If this is not a sign to sell all your shares I do not know what is. The list of rogues with zero experience of managing money but who are veterans of ramping penny share frauds and promotes who are involved here is such a massive red flag. Lift Ventures was set up with £50,000 from the paid for penny stock ramping site LSE Share Talk on 13 May. The lead director who, it appears, will be managing its investments is Zak Mir who has never managed other folks money in his life bar the generous handouts he got from his parents as pocket money when at Harrow.
Forgive the crude title or love it if you are Matthew and his dog. I could not resist. I start with a discussion of the tyranny of village facebook pages prompted by my latest spat with some villagers of Holt in Wales HERE. Then I look at Kefi (KEFI), Zoetic (ZOE), Kanobo (KNB), Supply@ME Capital (SYME), Block Energy (BLOE) and the bitcoin pump by America’s Neil Woodford and others. Ian Westbrook is now at just under £12,000 and has ten days to reach £20,000 to see the loathsome Neill Ricketts at the next stage. To call the bluff of the Versarien (VRS) bully, please donate HERE. PS Darren points out it is the 26th not the 27th. He is correct.
In my article of 22 July, I revealed the piss poor CV of David Bull, the new Non-Executive Director for Supply@ME Capital (SYME). In the career summary issued via the RNS, he managed to omit key facts such as his close links to outgoing Chairman Dominic White (in his capacity as a Non-Executive Director of Dominic White’s Eight Capital Partners Plc) and his prior role as CFO of now suspended AIM share PCF Group Plc (PCF) caused by a number of deficiencies in PCF’s financial control and reporting function.
During the early months of this year Zak Mir was the hero of numerous bulletin boards but notably those for Supply@ME capital (SYME) and remote Monitored Systems (RMS) for his almost non stop buy calls and ludicrous price targets. By contrast in calling out Supply as a fraud and Remote as an overvalued POS, I was the villain of the tale. With shares in both companies heading south at a rate of knots I invite you to consider the cartoon below and offer up suitable captions in honour of my good pal the Sith Lord. Post away in the comments section below. Do your worst.
I shall explain why and what tomorrow. But I eat my own pudding in that I believe the recent sell off in small caps offers opportunity. But for some companies, notably those with funding issues, it could be very bad news. I discuss Supply@ME Capital (SYME), its director Mr Bull and its mother of all death spirals, Remote Monitored Systems (RMS) where the cash, its only asset of value, is disappearing fast and Versarien (VRS) where I urge you to back Ian Westbrook TODAY as its 2 death spirals really start to bite. I also comment on Predator Oil & Gas (PRD) which looks to be a can of worms and Loop Up (LOOP) where maybe I am just a bit dim but isn’t it pointless?
It was on July 1 that Evil Banksta sent me a job advert for the non exec chairmanship at Supply@ME Capital (SYME) asking me if I was thinking of applying. With no wish to add chairing a fraud to my CV I declined but I assumed that Supply had already announced that Dominic White was off. Schoolboy error!
First up, would you rather listen to Joshua on Dinosaurs than to me on shares tomorrow? He thinks he is the world’s greatest expert but perhaps we should see how he fares on the Sunday quiz if Darren yields to his demands and has some dinosaur questions in it first? In today’s podcast, I look at the FCA’s new business plan, at ADVFN (AFN) and why Yair Tauman need to put up or shut up, at Online Blockchain (OBC), Supply@ME Capital (SYME), Seed Ventures (SEED – in detail – and en passant the fraud Zoetic (ZOE) and Orcadian (ORCA) which I backed pre IPO and which Peter Brailey writes up HERE.
Happy Bastille Day to our listeners in France. Here another day of swimming and cooking for guests. In today’s podcast, I look at Verditek (VDTK) and the latest missive from Gollum, the investment whores at Proactive, the fraud Supply@ME Capital (SYME) & its death spiral and finally more thoughts on today’s Winnileaks special on MC Saatchi and what it says about the useless FCA when it comes to tackling white-collar crime. Finally a few words with Cliff Weight of ShareSoc re Financial Promotions.
Joshua and I are back, at last. It is all my fault, he was very understanding although he blamed me. In today’s podcast I explain this and then look at Morrison’s (MRW), Zoetic (ZOE) and Supply@ME Capital (SYME).
The first non-Tom article on the leaderboard is 5 Slam-Dunk Sells for 2021 – June Update as the Madness Continues by Nigel Somerville, at number seven or number 13 if you include the Bearcast and Tom’s new shareshow. Which one is the best of the week? Tell me in the comments.
I start with logistical issues. Thanks to Andrew Bell and Red Rock Resources (RRR), I need to find another hat to eat on video. This may take a while but I am a man of my word. I discuss Red Rock and why Bell has let me down. I end with a picture of where I was at lunchtime with Joshua celebrating today’s personal triumph re Eden Research and KPMG. Then I look at Verditek (VDTK) where surely the FCA or the Oxymorons at AIM Regulation must act now. Today’s news begs more questions for the AIM Shit of the year 2012-20, Richard Gill, aka Gollum. Then onto Hurricane Energy (HUR), Wildcat Petroleum (WCAT) and Eight Capital Partners (ECP) part of the Supply@ME Capital (SYME) swamp.
In today’s bearcast from myself and Joshua who I am having to bribe to be quiet, I look at Bluebird Merchant Ventures (BMV), TrakM8 (TRAK), more smoke and mirrors from the fraud Supply@ME Capital (SYME) and the joys of watching tonight’s football here in Greece with my friend Nicho the Communist and the rest of a village where the Hun are not wildly popular.
If you were not convinced that Supply@ME Capital (SYME) was a con by my analysis of yesterday’s results HERE, how about a second dose? We already know that the March 2020 Prospectus for Supply contained materially inaccurate financial information in respect of the balance sheet because it stated that the unaudited proforma statements of net assets were £226 million which included £224 million of intangible assets. In the interim accounts for the period ended 30 June 2020, shareholders discovered that there were only £1 million of net assets which included intangible assets of £1 million caused by an incorrect accounting treatment adopted in the Proforma Financial Information. But we now know it is even worse.
The headline results of Supply@ME Capital (SYME) were, as I predicted, piss poor: revenue was a mere £1,147,000 and the loss for the year was £2,964,000. The balance sheet shows net liabilities of £452,000 and net current liabilities of £1,332,000.
I start with an update on life at the Greek Hovel. I am contemplating a long road trip for myself and Joshua to the far North this week. More on that later. Pro tem a few thoughts on Supply@Me Capital (SYME), Hurricane Energy (HUR) and Tern (TERN).
I start with l’affaire Hancock and what it says about standards in public life, whether politics or the corporate world in Britain today. For three reasons, not including the fact that he is useless or the act of infidelity, he should be fired. He will not be. I then consider late results with reference to Ariana (AAU) and the fraud Supply@ME Capital (SYME) which is now – perhaps – just three working days from slipping down the plughole leading to the sewer of insolvency.
For a death spiral to work, your shares need to be trading. If they are suspended, you cannot run a spiral. And without its recently arranged death spiral, Supply@ME Capital (SYME) and its soon to be bought sub scale loss-making fund manager Tradeflow go bust as they have no cash and are both burning cash. Hey ho. The shares could be suspended as soon as next Thursday morning. The reason?
On 7 June 2021, Eden Research (EDEN) issued an RNS titled “Notice of AGM, investor conference & Accounts” which included the following statements:
The fraud Supply@ME Capital (SYME) has now postponed its results four times and still they are not out. The mugs who own this stock should be panicking. Firms delay results for two reasons:
The most read non-Tom article is NMCN – refinancing discussions to address “working capital”. Really?… by Steve Moore at number four, or number seven including Bearcasts and Tom’s new shareshow. Which one is the best of the week? Tell me in the comments.
I start with a morning spent cleaning up Joshua’s attic, a picture of which and of the Mrs looking stunning as she claims the credit is HERE. Then it is onto the fraud Supply@ME Capital (SYME), Bidstack (BIDS) and Optibiotix (OPTI).
How do you know if the fraudsters at Supply@ME Capital (SYME) are lying in an RNS or financial report? Simple. If there is a “y” in the day, Supply is lying. It lied about its net assets in its RTO document, repeatedly lied about its sales pipeline, lied about its sales in 1 RNS and 2 interim reports and lied about so much else. And here is another lie exposed yesterday. I have written to the FCA which has already suspended the shares once.
Death spiral providers take no view on whether a company is good, bad, honest or dishonest as long as there is liquidity in the shares so it can dump who cares? Thus the cash guzzling fraud Supply@ME Capital (SYME) says it has secured a £5.6 million death spiral. And it seems as if once the initial tranche of shares is dumped Supply/Negma can repeat up to nine more times. Talk about a rolling maul of selling pressure!
I start with a request to you all, to help me nail some villains. Please can you send THIS OUTSIDE PAYWALL ARTICLE to all your twitter, instagram, facebook etc accounts. I then look at the frauds Zoetic International (ZOE) and Supply@ME Capital (SYME), as well as Best of the Best (BOTB) which is not a fraud but is a stock that for three reasons I would not touch with a bargepole.
When you lie about your net assets, your revenues and your sales pipeline as the fraud Supply@ME Capital (SYME) has done on an industrial scale then almost anything you say must be viewed with extreme scepticism. And that brings us to the company’s oft delayed and still awaited results.
The most interesting fact this week is the Sunday Pub Quiz is #4. The most read non-Tom non-Darren article is The View from the Montana Log-Cabin as Gold stalls by Nigel Somerville at number 24, or number 31 including Bearcasts and Tom’s new shareshow. Which one is the best of the week? Tell me in the comments.
I start with ITM Power (ITM) where I just don’t understand pipeline valuation and definitions and the valuation is absurd. But then green is where the zeitgeist is. Not coal which brings me onto the lies and reality at Plutus Powergen (PPG). I look at the fraud Supply@ME Capital (SYME) and Alien Metals (UFO) and the more general issue of related party deals after today’s expose on this website.
Mark Kavanagh, formerly “Head of Product Risk” - no sniggering at the back – with the collapsed Greensill Capital, now under FCA investigation has sent us an email after I highlighted his new job at Supply@ME Capital (SYME). Mark is a tight-fisted poltroon and asks that we send him the article for free. Mark clearly thinks he should not pay £1.99 for a day pass. Mark: do you work for free or are you paid vast sums to control risk at lenders that collapse?
In today’s podcast, I look at Alien Metals (UFO), have a lot more thoughts on Kefi (KEFI) where I agree with PL’s plan to align Harry Adams’ interests with ours as shareholders and have urged the company to consider it, at Supply@ME Capital (SYME) and at NightCap (NGHT), the financial creation of La Willingham.
The morons are delighted as Supply@ME Capital (SYME) has announced a new hire: Mark Kavanagh who is to be the new “Head of Operations and Transformation. And his prior role…
Be warned, the video at the bottom of this article is toe-curling.
Ms Amy Benning is scheduled to be appointed as the Chief Financial Officer of Supply:ME Capital (SYME) with effect from 7 June 2021 according to an RNS of 1 April 2021. Assuming it wasn’t an April fool or her appointment isn’t subject to delays (like almost everything else at this joke company) then I set out below a number of questions she should ask before she, as a director of the company, attends the Board meeting and approves the accounts for the year ended 31 December 2020. As the CFO her neck will be on the block.
I start with my utter revulsion at Neil Woodford after today’s expose HERE – can anyone be in any doubt now that he is a truly evil and morally bankrupt individual? I end with a brief correction regarding Britain’s thirstiest share blogger. In between, I look at Rosslyn Data (RDT), Supply@ME Capital (SYME), Eurasia Mining (EUA), Kefi (Kefi) and MyHealthchecked (MHC).
The fraud Supply@ME Capital (SYME) first stated that it would announce the work of fiction that is its calendar 2020 results in April. But on April 23, that became May. On May 26, that became next week (i.e. this week). And today it is er…next week again. As they say, good news travels fast…
It seems that Britain’s thirstiest share blogger Paul Scott has had another go at me with a post at 25 minutes after midnight. I trust Paul had enjoyed a good night. Anyhow, I put him straight with a few facts. I then look at Argo Blockchain (ARB) and its trading statement and valuation, Plutus Powergen (PPG), Tern (TERN), Supply@ME Capital (SYME) and Cineworld (CINE).
That is a fair question and I explain why they almost always do but why one in particular is opting not to do so. In this podcast, I cover Bidstack (BIDS), Supply@ME Capital (SYME) and Zoetic (FRAUD).
The fraud Supply@ME Capital (SYME) says that its calendar 2020 results will be out next week. Let’s hope auditor Crowe UK has boned up on IFRS or it could be in the merde with the FRC. And Supply has given more details of its proposed acquisition of TradeFlow Capital as it has now moved from an MOU to signing a share purchase agreement. Sadly, the latter is all smoke and mirrors.
The most read non-Tom article is Bacanora is trading at a big discount to the cash offer price, is it worth buying? by Gary Newman at number five, or number 13 including Bearcasts and Tom’s new shareshow. Which one is the best of the week? Tell me in the comments.
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).
Good news travels fast, bad news is always delayed and that brings us to the delays from Supply@ME Capital (SYME) in buying the loss-making, sub-scale, Singapore-based joke fund manager Tradeflow and in publishing its results.
The most read non-Tom article is Recently listed Caerus Mineral Resources can make rapid progress following its deal with Jubilee Metals by Gary Newman at number 10, or number 17 including Bearcasts and Tom’s new shareshow. Which one is the best of the week? Tell me in the comments.
There are a lot of disgraceful things happening today and so this is a long bearcast and Matthew and his Dog will enjoy it. In it, I cover: the fraud Supply@ME Capital (SYME), the Zoetic (ZOE) fraud, the utter shocker at Live Company (LVCG), where Fatty covers himself in shame, Sarah Willingham’s Nightcap (NGHT), a gotcha! for me but more smoke and mirrors and valuation anomalies from Ms W and finally Braveheart Investment Management (BRH). In the excitement, I forgot to mention uber dog Bidstack (BIDS) which is now down to its last seven weeks cash and where a bailout placing must be imminent. If you enjoyed today’s show, how about backing the Rogue Bloggers HERE?
My good friends at the FRC have launched investigations into a number of companies as a result of my work, oft agreeing with my assessment of accounting malpractice and on a good number of occasions forcing them to restate results. The most recent thank you note from the FRC arrived just last week. I have today written to the FRC asking it to force Supply@ME Capital (SYME) to restate two sets of interims which are fraudulent and breach IFRS rules and to ensure that forthcoming, but delayed, prelims do not repeat the same crime. The letter follows.
Yesterday twitter was buzzing with shareholders in Supply@ME Capital (SYME) trolling me and attacking me about this article which they clearly had not even read. That is double evidence of how dumb they are. But in case you think it is just me who gets this sort of low grade trolling, check out these tweets sent late last week to Fraser Perring, the bear who exposed Wirecard and is now sticking it to Grenke AG. I often wonder if ther wife’s of folks who send such tweets have any idea what their other half’s are up to and such despicable morons they think such behaviour will actually protect their investments in duff companies?
Yesterday, I established that the revenues booked and boasted about by the fraud Supply@ME Capital (SYME) were fantasy. Not my thoughts about Cheryl Cole fantasy, but the stuff of real make believe. So if revenues do not really exist, how come Supply has not suffered a crash landing in tits up alley yet? Read on…
As ever, I urge the 95% of bearcast listeners yet to donate to give today to Rogue Bloggers for Woodlarks. Now I must warn you that Matthew and his dog may not approve of this podcast, nor will the FCA as - in light of today’s expose - I discuss its role in enabling the Supply@ME Capital (SYME) fraud. I discuss the failings of the standard list and also why the end of lockdown will see more businesses go bust and I explain why the fine details of revenue recognition are not – as folks like Zak Mir seem to think – accounting porn for Geeks but really do matter.
This is so simple that even the woke dullards at the FCA should be able to understand it. If you delve into the geeky world of IFRS you will see why Supply@ME Capital (SYME) cannot have booked any sales at all in calendar 2020. That makes its September 28 2020 RNS claimed booked revenues of £2.2 million and its interim results published on January 29 2021 claiming H1 sales of £386,000 also a lie. Directors have dumped millions of pounds worth of shares at prices inflated by those lies which makes this a fraud. So here, for chatroom and regulatory morons, is a detailed explanation of IFRS and what is going to happen next.
Okay, this is all about maths and voting at yesterday’s, quite possibly illegal, 2019 AGM held by the fraud Supply@ME Capital (SYME). Follow the logic thread below and then decide whether it is answer a, b or c?
To those like market abusing foul mouthed troll and penny share huckster Chris Akers who calls me a TWat or to the legions of Bulletin Board morons owning shares in frauds such as Zoetic (ZOE), Supply@ME Capital (SYME), etc who insist that I am a complete joke who can be ignored as they know better, this is for you. Yet again the Financial Reporting Council, the FRC, has taken direct action against a listed company because I alerted it to wrong doing. Yet again it writes to thank me. Folks that count take the Sheriff of AIM seriously, foul mouthed penny share hucksters and morons you are deluding yourselves.
You may remember that the, now technically insolvent, fraud Supply@ME Capital (SYME) forgot to hold an AGM for calendar 2019 and only called one for April 30 2021 after I raised this as an issue. But is this AGM itself illegal? I have repeatedly asked the company’s PR man Mr Paul Vann 2 questions and still he refuses to answer.
I comment on St George’s Day HERE. In a long podcast, I look at Versarien (VRS), Audioboom (BOOM) – misleading again – Bluebird Merchant Ventures (BMV), Bitcoin and Argo Blockchain (ARB), Bahamas Petroleum (BPC) and the fraud Supply@ME Capital (SYME). And we are now just three hundred quid shy of £14,000 for Rogue Bloggers for Woodlarks, please donate HERE.
Oh dear, oh dear. Excuses are like arseholes. We all have them but nobody cares. And natch the fraud Supply@ME Capital (SYME) has excuses as to why calendar 2020 accounts have been delayed but they do not stack up.
Post your entries in the comments section below. The prize is a signed photo of Darren Atwater in his swimming trunks and the contest concerns UK Oil & Gas (UKOG) which I discuss. I also mention Optibiotix (OPTI) en passant, explain how a Supply@ME Capital (SYME) acquisition works and look at Trainline (TRN).
It is to be hoped that the FCA takes a dim view of a company that is now shown to have serially deceived investors as to the size of its client pipeline, so inflating the share price allowing directors such as chairman Dominic White to dump millions of pounds worth of shares on dumb punters. That company is, of course, the fraud Supply@ME Capital (SYME) and if staff at the British regulator were not so busy jerking off on ESG porn they would have shut this con down ages ago. So today the fraudsters serve up an acquisition update.
Right now my main battle seems to be with the snitches here in Snitcher-on-Dee where I take no prisoners again today - HERE. In this podcast I discuss why this CEO is a moron but how I really want to see him in Court. Then I ask more questions about the fraud Supply@ME Capital (SYME) which Mr Paul Vann declines to answer, look at Eurasia Mining (EUA) and produce a detailed analysis of the ramp du jour that is Totally (TLY). PS I trust listener Matthew and his dog are impressed by this podcast in his honour.
Belatedly, the fraud Supply@ME Capital (SYME) fessed that my expose was correct and that it had, indceed, forgotten to hold an AGM for 2019. And thus on 8 April it announced that this meeting would take place on 30 April but, with a hat tip to reader MJ, I wonder if it has not goofed once more. The answer, might just be no or it may be yes.
The Sunday ShareProphets Pub Quiz has cracked the top ten most-read stories of the week list. That’s the real news of the week. As for the most read non-Tom article, it’s Ariana – A Reader Asks … by Nigel Somerville at number six, or number 14 including Bearcasts and Tom’s new shareshow. Which one is the best of the week? You don’t need to tell me in the comments – it’s clearly the pub quiz.
I start with a few words on the passing of Phil the Greek of whom I was always a great fan though I remain an ardent Republican. I am sure Phil would have approved of the title of this bearcast. I look at morons and Supply@ME Capital (SYME), Versarien (VRS), Novacyt (NCYT) and Yourgene (YGEN).
Just once in a while, how about you morons admit that I was right and you guys are dumb arsed poltroons? I refer you to today’s announcement.
Off to Shipston in a minute but before then I cover en passant: Kefi (Kefi), Serabi Gold (SRB) and 88 Energy (88E). I also beg you again to help Woodlarks – we are now just 7 Rogue Bloggers thanks to an injury and are just shy of £4,000 pledged - help get us over the £4,000 mark today HERE. The bulk of bearcast looks at the fraud Supply@ME Capital (SYME) and the hard numbers which show what a joke its Singapore deal is. Anyone holding these shares is truly insane. My target remains 0p.
I don’t believe this is our Darren but another one, Darren042. He owns shares in Supply@ME Capital (SYME) and, with a hat tip to TR, I challenge anyone to find a bigger example of stupidity on the LSE, ADVFN or iii asylums or on twitter by midnight on Bank Holiday Monday. Meanwhile marvel at Darren who really is an imbecile.
The most read non-Tom article this week is Centamin – Results tomorrow: what am I looking for? by Nigel Somerville at number two, or number six including Bearcasts and Tom’s new shareshow. Which one is the best of the week? Tell me in the comments.
I do not begrudge her earning £489 million last year but is there a social cost in how she makes her cash? I then look at the stages of the changes in the sentiment cycle with three promotes/frauds: Versarien (VRS), Zoetic (ZOE) and Supply@ME Capital (SYME). Tomorrow as you stuff your faces with Easter Eggs I plan to walk 15 miles as a Woodlarks trainer, consider my soon to be very sore feet and make a donation HERE.
That Supply@ME Capital (SYME) is a fraud is beyond all doubt. Put simply, it has deceived gullible investors on an industrial scale allowing directors to sell vast numbers of shares at grossly inflated prices. They get to become multimillionaires as a result while mug punters will lose everything when Supply finally admits that it has run out of other people’s money. Which it already has but has yet to admit to. Yesterday, evidence emerged of THREE more monster deceptions via RNS which pumped the stock allowing insiders to sell. I have written to the FCA as you can see below.
On Easter Sunday as you munch your way through vast amounts of chocolate, I shall be walking 15 miles in the Cheshire rain and snow for my latest Woodlarks training walk. Enjoy my suffering and please make a donation HERE. In today’s bearcast, a liars special, I discuss Versarien (VRS) – target price 0p, Verditek (VDTK), first stop target price 2p by June 30 and Supply@ME Capital (SYME) – target price 0p.
Buried at the bottom of what is a truly dismal trading statement is an admission that the fraud Supply@ME Capital (SYME) has, as I revealed here, breached the 2006 Companies Act and not actually held its 2019 AGM. That will now be rectified. Yes I was right about that, the morons wrong, time to apologise morons. But it is the trading update or rather lack of trading update which should really alarm the morons who own this stock.
Today, Supply@ME Capital (SYME) actually delivered on one of its promises… no it still hasn’t raised any financial backing for its inventory monetisation projects but it did state that it has appointed a Chief Financial Officer. I shall turn to the lack of trading and loads of jam tomorrow flavoured bullshit in today’s trading statement but first the new head beancounter:
I end with a few notes on Woodlarks. There are now 7 walkers confirmed – please do make a donation HERE. Then I discuss 2 acid tests today for the FCA: Supply@ME Capital (SYME) and Lyin’ Chris Cleverly’s planned RTO into Stranger Holdings (STHP). Then I look at St James House (SJH) and wonder if the taxman needs to have a butcher’s at 4 of its disposals involving John Botros. Then it is onto IQE (IQE) and why Malcolm Stacey and thirsty Paul Scott are wrong. Finally a look at Jubilee Metals (JLP). I look at the fundamentals after today’s interims and conclude that the shares should be well North of 20p. Then I discuss the matter with the world’s leading analyst of PGM stocks beginning with J for his input.
It is a simple question I have put to its PR man repeatedly over the past couple of days. So far there has been no answer. I can find one when the name was Imaginatik on 12 December 2018 but none since. So why should this matter, when I raise it with the FCA later today?
It greatly riled UK Oil & Gas (UKOG) owning morons that the BBC featured me heavily in an Inside Out special exposing the lies told by UK Oil & Gas. You can watch it again HERE. So here is a post from a moron @RSBElectrical from 6 September 2017. The shares were then 8p.
I start with a true story. Surely it is a cracking warning of the top of the market. Then onto the fraud Supply@ME Capital (SYME) confirming my scoop. Finally a long discussion on the morality of breaking lock-ins ref Optibiotix (OPTI), Skinbiotherapeutics (SBTX) and Powerhouse Energy (PHE) run by sleazy ex Tory MP Tim Yeo.
Late night menacing phone calls from hired bully Seth were spurred on by Zoetic (ZOE) shareholders. There is the online trolling. New twitter accounts sent up to impersonate me and spit out bile just at me crop up weekly. I can’t remember if it was this lot who posted death threats or Supply@ME Capital (SYME) owning morons. One act of harassment blurs into another when you expose frauds. Last night I got a strange email which is below..
Mr Lenigas is at it again as I show below. I discuss whether I should capitulate, call this bullcast and move on. And what that says about the state of the market. I feel like Tony Dye in 2001. Then I try to explain the maths behind RTOs and acquisitions by shells as folks just don’t seem to get it. I reference the fraud Supply@ME Capital (SYME) and Wildcat (WCAT) in this section.
The fraud Supply@ME Capital (SYME) has announced that it has signed Heads of Terms to buy “a leading FinTech-powered commodities trade enabler, focused on SMEs, based in Singapore” I wonder if this is, as has been speculated, TradeFlow Capital.
The most read non-Tom article this week is Gold Shares – It’s been a tough few months, but I sense we are near the bottom by Nigel Somerville at number four, or number nine including Bearcasts and Tom’s new shareshow. Which one is the best of the week? Tell me in the comments.
I think I know the answer and so do you but maybe shareholders in Supply@ME Capital (SYME) might be tempted by this offer which a reader has received in his email box. It reads:
We may previously have given the impression that old Harrovian Zak Mir was born with a silver spoon in his mouth and was a bit of an intellectual lightweight if not an outright poltroon who could not analyse his way out of a paper bag and was also semi-literate. Moreover, we may have suggested that his analysis of certain frauds such as Supply@ME Capital (SYME) and obscenely overvalued promotes such as Remote Monitored Systems (RMS) might in some way be coloured by the fact that a company he works for, LSE ShareTalk, generates revenue from promoting such rubbish. If so, now is the time to apologise to Mr Mir, aka the Sith Lord.
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.
In yesterday’s bearcast, I relayed how I had been contacted by a Charlotte Daniels who I was convinced was trying to entrap me and whose phraseology strongly indicated the use of google translate. Two emails later, I wonder if Charlotte, a shareholder in the fraud Supply@ME Capital (SYME), is in fact a British male soccer yob. Here is the complete correspondence, judge for yourself:
I start with communications received by email and twitter. I sense attempted entrapment by shareholders in the fraud Supply@ME Capital (SYME). Then it is onto a speech by Debbie Gupta of the FCA and her failure to understand why her organisation is not fit for purpose. Then to Nightcap (NGHT), Petra Diamonds (PDL), Mountfield (MOGP), Skibiotherapeutics (SBTX) and me being fat as described here.
At 3.09 PM yesterday, 9th March 2021, after five weeks of making enquiries into the £180 million fraud that is Supply@ME Capital (SYME), the – already under fire – FCA allowed a resumption in trading of Supply shares. It did not have to. It should not have done so and when Supply goes bust the letter below, to the Director of Enforcement, no sniggering at the back please, Mr Mark Steward should be on record as further evidence of how the regulator, again no sniggering at the back, is just not fit for purpose.
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).
At 3.09 PM came the shock news: The FCA has allowed shares in the fraud Supply@ME Capital (SYME) to resume trading on the Standard List. The morons are delighted and the shares have moved ahead from 0.51p to 0.55p valuing this worthless fraud at £181 million. Better still…
Apparently the LSE Bulletin Board is happy to act as a forum for discussing violence against journalists who expose frauds like Supply@ME Capital (SYME). Well against one journalist who exposes this fraud and will continue to do so however many death threats are published. If I am pushed under a bus any time soon, I do hope London South East keeps records of those posting there like this moron below.
The first point is of interest with reference to the fraud Supply@ME Capital (SYME). the second refers to the response to my comment on suspending covid testing stocks which has produced some interesting comments as you can see below. I once ran with the mob, shouting “Bring back Monty”. I regret it now.
The most read non-Tom article this week is Asiamet Resources looks in a stronger position post-placing – buy by Gary Newman at number six, or number 14 including Bearcasts and Tom’s new shareshow. Which one is the best of the week? Tell me in the comments.
Well you heard it here first. Actually you did not.As you can see below this report comes from an impeccable source: twitter where Jack Dorsey et al ALWAYS act to censor fake news so you can rely on twitter to give you the truth. Perhaps that is why 26 folks liked this tweet and 1 has retweeted it. Sadly for those 28 losers ( the author, RT and likes) this is demonstrable fantasy.
Greensill described itself, and I use the past tense for a reason, as “the market-leading provider of working capital finance for businesses and people globally. We unlock capital so the world can put it to work. Our more than 1,000 specialists worldwide provide Supply Chain Finance around the world, but we are about much more. Greensill uses the power of financial markets to unlock capital on terms that fit the needs of our clients, from 20 days to 20 years and beyond.” Whatever.
Shares in Supply@ME Capital (SYME) have now been “temporarily” suspended – after I explained to the FCA why a suspension was needed – since January 21. I wonder how the Sith Lord Zak Mir, such a keen promoter of this fraud, interprets the 1 month share price chart?
We live in times of sheer insanity. It is a rampers’ paradise and cometh the day cometh the four horsemen of the rampfest apocalypse. I bring you a tale of sheer insanity from the Aquis lobster pot market, formerly the NEX Exchange. It starts with what was once PGC Entertainment (PGCE), a serial uber dog which was eventually slung off the AIM casino. I should say that its boss is my pal Richard Poulden.
The most read non-Tom article this week is Ariana – Ozaltin deal completes. Now, what to do with £25 million (that’s alot of Ouzo…) by Nigel Somerville at number three, or number ten including Bearcasts and Tom’s new shareshow. Which one is the best of the week? Tell me in the comments.
Just for fun and to annoy the sort of pond life who take such pleasure in trolling me, here is a reader poll with a deadline to vote of midnight tonight 17th February. Which of the following companies will either declare bankruptcy or see its shares slung off the market for good first?:
I will not make that joke about Paul, Lent starts tomorrow and my minimal alcohol intake will be going to zero until Easter. I may have a couple of glasses tonight to brace myself for a period of thirst that lies ahead. In this podcast I discuss Paul’s comments on Supply@ME Capital (SYME) and why I think the FCA may not allow this fraud to relist. I look at Zoetic (ZOE) where I am hopeful of an imminent share suspension, and the pot and small cap bubble in general, also looking at today’s pot float, Kanabo (KNB).
The fraud Supply@ME Capital (SYME) has repeatedly declined the opportunity to say what its cash position is right now when issuing updates on trading, today being the latest case in point. The reason, as I shall show below, is that it is bankrupt, utterly out of cash. And that may be one, of many reasons, why the FCA does not allow its shares to resume trading. So here is the maths which is so easy that some of the morons who own this stock, perhaps even promoter in chief Zak Mir, might understand it.
Oh dear, oh dear. If anyone believes the latest RNS from the fraud that is Supply@ME Capital (SYME), I have a bridge to sell them. It is now 18 days since the company asked the FCA to unsuspend its shares, a process that should have taken hours, but still the FCA will not relist and the half-witted owners of the equity are being asked to believe that there is nothing wrong? Whatever.
We know that the fraud Supply@ME Capital (SYME) is not great on accounting matters, given the three attempts to account for the £224 million deemed cost of the reverse takeover which has now been accounted for as an asset in the balance sheet, then written off to the income statement and now charged to the statement of changes in equity as I outlined on these pages and also the two changes of year end which led to its suspension. I note that it is still in the process of appointing a Chief Financial Officer. A Chief Financial Officer is clearly needed when you look back across the results published by Supply and the apparent inconsistencies as detailed below. Yes here are more red flags for Zak Mir and other morons to ignore.
Shares in the fraud Supply@ME Capital (SYME) have now remained suspended for 16 days as the FCA investigation into numerous irregularities continues. As we wait for the final denouement, a question for folks like the Sith Lord Zak Mir who are so keen to promote the stock: let’s turn to page 47 of the prospectus.
Craig has been stirred up by the trolls who harass me and my family and has now repeated the defamatory remark that I am encouraging others to harm the frightful pests. The Crime Officer at the Badger Trust is now also demanding that I rewrite articles though I have committed no crime. He is not apologising for making up false allegations about what I wrote. He is picking on the wrong man on behalf of morons who own shares in Zoetic (ZOE) and Supply@ME Capital (SYME). Does the Badger Trust really think that harassing a journalist whose only “crime” is exposing fraud, at the instigation of those supporting those frauds, is a good thing to do? I discuss both companies and the failings of Standard Listings with regards to frauds which they demonstrate in spades. I also look at house prices in London and here in the boonies.
Oh dear, oh dear, it sounds as if the morons who are left holding Supply@ME Capital (SYME) shares, still suspended as the FCA investigates numerous irregularities, are getting desperate. Now they are fabricating emails from the FCA itself.
Though he does not declare so in the tweet below, he has elsewhere: penny share huckster and known associate of Zak Mir, Mr Alex McKinley is a shareholder in joke company Remote Monitored Systems (RMS). You know, the maker of masks to stop covid spread that are so good its site turned into a covid hot spot. Yes, that fine enterprise.
The battle for free speech is hotting up. I have just published a piece HERE on attempts to shut down a new TV channel before it goes on air because its founders are not part of the woke establishment. Meanwhile, a few days ago I expressed my hatred for the badgers living at the Welsh Hovel here. Mistakenly, I also outlined a plan to get rid of them which I now understand is against the law. Suddenly, on certain bulletin boards and on Twitter, badgers are seen as the nation’s favourite animal and I am off to jail.
The most read non-Tom article this week is How likely is it that a proper silver short squeeze will happen? by Gary Newman at number seven, or number 15 including Bearcasts and Tom’s new shareshow. Which one is the best of the week? Tell me in the comments.
In today’s podcast, I look at Iconic (ICON), Eden Research (EDEN), Supply@ME Capital (SYME) and Zoetic (ZOE). I also look at macro madness in UK short caps and look at what happened in 2001 and 1721, both of which were very similar to today.
Supply@ME Capital (SYME) has today addressed the issue of the continuing suspension of its shares by accusing the FCA of lying. Naturally this has delighted its moronic shareholders.
Thank you Brokerman Dan for supportive words, you are always welcome at the Welsh Hovel and indeed my son often asks when you are coming again. But when a self-confessed ex con pisses on folks, like certain shareholders in Supply@ME Capital (SYME) and Zoetic (ZOE), from the moral high ground you know such folks dwell in the moral sewers. I discuss the reaction to today’s Zoetic bombshell and what happens next. I also look at Big Dish (DISH), Agronomics (ANIC), Dev Clever (DEV), Bidstack (BIDS) and Verditek (VDTK), speculating on the bailout placing prices at 2 of those 5. Then I discuss Bacanora Lithium (BCN) where I might be tempted to have a punt.
Having asked for readers tips for 2021 for the prize of 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2021 harvest) HERE, the following is the first monthly update on performance (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2021)…
For me, one of the highlights of the past fortnight was stumbling across a discussion in the “private and secret” Telegram chatroom run by shareholders in Supply@MECapital (SYME) where morons talked about hiring a hitman to have me killed. The trigger was the shares getting suspended by the FCA – which regulates the Standard List where Supply shares were traded – after I sent a letter pointing out why they should be suspended.
I start by flagging up that I aim to publish an 85 page dossier, m an opus magnus, on the sort of company Zak Mir promotes at 8.30 AM tomorrow behind the paywall. I see it as a zero. Then I discuss why Zak is, contrary to some suggestions here otherwise, a total and utter genius who did not kill Maddie and then look at his analysis of Jubilee Metals (JLP). I move on to why I’ve bought more shares in AEX Gold (AEXG) before looking at the nest of snakes at Dev Clever (DEV), its bonkers valuation and why it must collapse. I reference this excellent expose of that nest of snakes. I look at investor grief and what is happening at Supply@ME Capital (SYME) and what will happen – and when – at Dev.
Which one of the seven stages of grief is “denial?” If you want to see it on display, I bring you some tweets below from moronic shareholders in the con that is Supply@ME Capital (SYME). For folks like this facts do not matter but the facts of what is happening are very clear, starting at 7 AM last Friday morning.
This is Nigel Somerville’s phrase. I should stress that the two don’t mix but it will be used by Supply@ME Capital (SYME) owning morons as evidence that I am a drunk. Hmmmmmmmm on about 2 units a week, methinks not. I discuss the Supply fraud and what the company’s, honourable and truthful, PR man is telling the morons. And what they should take from it. I look at the silver spike and advise you what Lucian has done in response. I look at reasons for ouzo on cornflakes: Bidstack (BIDS), Remote Monitored Systems (RMS) and Iconic (ICON). I look at a personal winner AEX Gold (AEXG) which is very cheap and at new bad events at my baddest tip of the year Asiamet (ARS) for which I apologise.
Let me be clear, Mr Mac Lucas was not threatening to hire a hitman to have me killed. He is not that sort of Supply@ME Capital (SYME)shareholder. But the top barrister from the Farringdon Chambers did, however, take to twitter with a brand new account he has since deleted but which I have captured in screenshots below, to threaten me with legal action. How do I know this is not a fake account? Because I contacted his chambers and, this morning, senior clerk Robert Archer replied:
Nope not a reference to folks called Tom Winnifrith as the Supply@ME Capital (SYME) owning morons up the harassment with the shares still suspended ,although I am getting a little freaked out this morning. This refers to another endangered species.
I start with ShareSoc backing an investor action group at bust mini-bond outfit Wellesley. I warned folks explicitly about this almost two years ago HERE and many times thereafter so have scant sympathy. I discuss the role of the floor shitters at the FCA in this debacle. That brings me to Supply@ME Capital (SYME) after today’s dynamite expose HERE. The email is genuine. I ask what next? Finally, I discuss comments by populists seeking cheap love, such as shamed Neil Woodford promoter Jeff PressTrip of the Mail on Sunday and Nigel Farage, about GameStop. Do they both really support bubbles and capital misallocation?
On Thursday and Friday of last week, Supply@ME Capital (SYME) published its overdue audited accounts for 2019 and its unaudited interims for the first half of 2020. The latter happened at 7.15 AM shortly after Lookers published its delayed accounts. By 9.35 AM, Friday Lookers had applied to the FCA under rule 5.4 and its shares started trading again. But Supply shares remained suspended all day. Its moronic shareholders see this as no issue and assume that trading will restart Monday AM. I have bad news for them.
The most read non-Tom article this week is Asiamet deal collapse leaves the company needing funding – avoid until that is secured by Gary Newman at number thirteen, or number twenty one including Bearcasts and Tom’s new shareshow. Which one is the best of the week? Tell me in the comments.
Yes that horrific news for shareholders in Supply@ME Capital (SYME) will be out in the morning. Meanwhile, I reflect on a video I have recorded with the great Dominic Frisby which goes live tomorrow, I hope, and on news that Kwasi Kwarteng might just take action to stop directors lying to investors. I then explain why Redditt groups exposed HERE and HERE in the UK are, in reality, just pump and dump schemes, why they will not deliver another GameStop and why most folks following them will do their conkers. It will end in tears and, I hope, jail time and won’t “burn the shorters” or Fuck The London Stock Exchange, as the organisers promise, at all.
Earlier I broke the story of how desperate Supply@ME Capital (SYME) owning morons were gathering on Redditt to try to replicate the GameStop effect in the UK and to “FuckTheLondonStockExchange”, manipulating shares in the, currently suspended, con from a £122 million value to £12 billion! I will have some bad news for them from the FCA later. But there is another group on Redditt now trying to organise a GameStop on a range of stocks and guess which sleazy, share dumping, lying CEO of a cash guzzling AIM listed POS has signed up, as I demonstrate below.
Shares in the outright con Supply@ME Capital (SYME) remain suspended on the London’s Stock Exchange despite its very belated posting of two missing sets of accounts. In my latest letter to the regulators at the FCA I explained why the shares should stay suspended until Supply’s lies in those two accounts are addressed. But here’s another reason, plotters on Reddit are aiming to attempt a mass buying of the shares on Monday, if they are unsuspended, to destroy, what they believe is a massive shorting conspiracy. They think Supply will be the UK’s GameStop, taking down evil hedgies and shorters.
I start with the annual horror that is doing a tax return for the Mrs. It was a pleasant shock. Then onto Left and Gamestop. Then I look at MyHealthChecked (MHC), Novacyt (NCYT), Jubilee Metals (JLP), another man with a posh wife who might struggle with her tax return – Mr David Beckham and E-Guild (GILD) -, and the real issue at Supply@ME Capital (SYME).
It was a letter from myself, as an honest and upstanding member of the financial community, to the FCA, the regulators of the Standard List, that got shares in con Supply@ME Capital (SYME) suspended. Now technically, having finally published audited numbers for 2019 and unaudited half calendar 2020 numbers, it should have the shares unsuspended. But what has emerged has been so nonsensical, both for 2019 HERE and for 2020 HERE, that I have written to the FCA urging it to maintain the suspension for a while yet. Now I reckon the floor shitters are so useless at regulating, if not defecating on their own carpets, that they may well unsuspend the stock. But here is why they should not.
Of course you do not have to listen to me or, in this case to an industry veteran. Why not just listen to Zak Mir, Alex McKinley and the other “experts” and fill your boots with this con when its shares resume trading. On that note, Looker published its delayed accounts today and its shares were unsuspended at 9.35 AM. I wonder why the FCA is not unsuspending Supply@ME Capital’s (SYME) shares yet? Anhow back to the expert auditor who notes:
We know from audited 2019 results released yesterday that as at this week, Supply@ME Capital (SYME) has still not signed one contract with a customer and has no cash with which to service any customers. Yes it has provided term sheets but that is not the same thing. I might well provide a term sheet to Cheryl Cole later today about a servicing proposition I have. But that, I am sad to say, would not be a binding contract! And without a contract or even a purchase order you simply, as a PLC, cannot book any revenues. Which brings us to today’s release of half calendar year 2020 results from the con that is Supply@ME Capital.
I describe how my role in the garden at the Welsh Hovel today moved from a purely managerial one so our resident Euro loon really can’t out working-class me right now. Only kidding Jonathan, I know you really are an oik. In the main podcast, I look at Supply@ME Capital (SYME), Greatland Gold (GGP) – great grades shame about the sleazy option news Mr Alex Borelli – Wishbone Gold (WSBN), Eurasia Mining (EUA) and car crash in waiting Zoetic (ZOE). I also look again at Gamestop and who really are the good and bad guys. There are a lot of financially illiterate commentators talking bollocks on this matter.
I was never in doubt that Crowe UK, the auditors disgraced as the firm that signed off on the books of a vast number of the AIM China frauds, would sign off on the accounts for Supply@ME Capital (SYME) for the 9 months to December 31 2019. After all it was just a cash shell back then, awaiting the Supply RTO. But even so what this document tells us should scare, at least some, of this company’s moronic shareholders.
At least this moron is not discussing having me killed but it would be fair to say that this shareholder in Supply@ME Capital (SYME) would not be your first pick for the pub quiz team. In fact, there are more signs of intelligent life on the planet Neptune than in this post from the LSE Asylum below. When shareholders in a company are this dumb, obsessive and determined to post demonstrable untruths, it is always a bit of a red flag. A hat tip to CZ for this spot.
I doubt that the deranged shareholders in the con that is Supply@ME Capital (SYME) will thank me for asking but can they explain what is going on with Supply@ME Limited?
The most read non-Tom article this week is Ariana Resources – FY gold production numbers & “exciting” copper-gold potential… by Nigel Somerville at number three, or number eleven including Bearcasts and Tom’s new shareshow. Which one is the best of the week? Tell me in the comments.
I start with page 33 of today’s Daily Mail as you can see HERE. Then a non prize contest – do you have to hand a more obscure publication than I have just been handed? Then onto Supply@ME Capital (SYME) shareholders chatting about having me killed and the wider issues it raises. Finallty onto Cineworld I(CINE) and are the obscene bonuses the Greidinger brothers propose for themselves the unacceptable face of capitalism and if so why?
I guess with shares in Supply@ME Capital (SYME) now suspended, the paid for penny share ramper Alex McKinley of LSE Sharetalk, employer of the Sith Lord Zak Mir, needs to find other shite to promote with ludicrous targets plucked from thin air. I flagged up one zero sales entity enjoying full on ABM pumping here, now have a butcher’s at Ridgecrest (RDGC) which this loathsome sewer dweller is pumping today.
I have today been distracted by rising flood waters which you can see here and which I start the podcast discussing. Then it is onto Supply@ME Capital (SYME), Versarien (VRS), Argo Blockchain (ARB), Remote Monitored Systems (RMS) and Westminster Group (WSG).