As I noted earlier, the RNS issued by Versarien (VRS) is a shambles and opens up all sorts of questions about share dumping by boss Lyin' Neill Ricketts last April. I was set to contact AIM Regulation and the FCA about it but it seems that valiant Tim Kempster has beaten me to it. The Regulators really do need to act on this at once. Tim writes
Last year I forced Versarien (VRS) to issue a clarifying RNS after Neill Ricketts made unverified and it seems untrue claims on twitter. Nomad Bobbie Hilliam at Canaccord read Ricketts the riot act and his twitter outpourings have been greatly diminished. But I can reveal that he has a new conduit on a private chat group on Discord. I doubt his Nomad or AIM Regulation are aware of it but thanks to Winnileaks they will be soon and will be horrified as I have a series of screenshots to share.
Juicin Drumroll demanded we bring back the Bulletin Board Moron of the week contest and last week he again tried to win in a most valiant way with a superb nomination of a UK Oil & Gas (UKOG) moron from the ADVFN asylum as you can see HERE. But I am afraid he was pipped to the post by Warun Boofit who has found some gems care of two Frontera (FRR) owning poltroons. The winning double header is below:
To lose 25% of your market capitalisation in less than a month looks a bit like carelessness but that is what UK Oil & Gas (UKOG) has managed. The real issue is that it is grossly overvalued on a fundamental basis - the shares should be sub 1p. The immediate issue is the news from Broadford Bridge. Or rather lack of it.
What a spoil sport! Just 24 hours after posting my competition on the forthcoming CloudTag (CTAG) RNS’s, it releases an after-hours RNS last night bringing the entries to an end. Surprise, surprise, it has finally come clean on the limited sales that will be achieved this year and threw in a bit of death spiral financing for good measure. Tom W says I am being too nice to this company but anyway, let’s take a look.
Shareprophets has been at the forefront of exposing the AIM cesspit and crony capitalism, but I'm afraid there is another scandal about to break at one of the UK's largest banks, owned in part by the tax payer. If you thought that the reputation of bankers couldn't get much lower, read on. They have clearly learned nothing about the way that we expect them to behave and, despite being involved in scandal after scandal, they still don't seem to be able to determine right from wrong.