Keyword results: Toxic

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Iconic Labs – Still on life support, toxic Dave Sefton will, shockingly, get away with everything

Iconic (ICON) shares have been suspended since 7 June 2021 due to the appointment of joint administrators by Toxic Dave Sefton on 4 June 2021 via his company Arch Capital Partners LLP which purchased debts and claims from Shard Capital. 

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Bearcast
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Tom Winnifrith Bearcast - Eurasia and Vast taking the dividend piss

In today’s Bearcast I look at Bitcoin and at Argo Blockchain (ARB), at Sosandar (SOS), at the increasingly uber toxic Union Jack Oil (UJO), at Vast Resources (VAST) and at Eurasia Mining (EUA)

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Iconic Labs – Signs of life (but it is still insolvent)

Iconic (ICON) shares have been suspended since 7 June 2021 due to the appointment of joint administrators by Toxic Dave Sefton on 4 June 2021 via his company Arch Capital Partners LLP which purchased debts and claims from Shard Capital. 

Bearcast
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Tom Winnifrith Bearcast - Union Jack is now the most toxic stock on AIM

I comment on day three of the Greek Hovel olive harvest, a good day but a long one. But I start with Peter Brailey’s piece on Union Jack Oil (UJO) and explain why the company is now possibly the most toxic on AIM. I then look, en passant, at Amala Foods (DISH) and in detail at Tern (TERN) and Argo Blockchain (ARB).

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Iconic Labs –will it be game over on 8 December 2021?

Iconic (ICON) shares have been suspended since 7 June 2021 due to the appointment of joint administrators by Toxic Dave Sefton on 4 June 2021 via his company Arch Capital Partners LLP which purchased debts and claims from Shard Capital. 

  • 57 days ago
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Iconic Labs about which we warned so often – will it ever emerge from administration?

Iconic (ICON) shares have been suspended since 7 June 2021 due to the appointment of joint administrators by Toxic Dave Sefton on 4 June 2021 via his company Arch Capital Partners LLP which purchased debts and claims from Shard Capital. 

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Iconic Labs – is it finally game over for the shareholders? And will toxic Dave Sefton now have to face justice?

Iconic (ICON) shares have been suspended since 7 June 2021 due to the appointment of administrators by Toxic Dave Sefton on 4 June 2021.  The joint administrators have tried to hold a general meeting four times but each they have been adjourned with the latest adjournment being until 19 October 2021.  There has been no announcement since that date.

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BREAKING: Iconic Labs will it survive as toxic Dave Sefton looks to have pulled off a £1m heist?

Has toxic David Sefton pulled off a £1 million heist at Iconic (ICON) which will see investors utterly screwed? After an RNS yesterday, I fear the worst.

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Iconic Labs – will it arise like Lazarus?

Iconic (ICON) has had administrators appointed to it since 4 June at the hand of Toxic Dave Sefton and company and trading in its shares has been suspended since 7 June.  On 12 August, the Administrators made the following announcement in an RNS:

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Iconic Labs – Toxic Dave Sefton continues to screw shareholders over that missing £1 million

Iconic (ICON) has had administrators appointed to it since 4 June at the hand of Toxic Dave and company’s shares have been suspended since 7 June.

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Iconic Labs – Toxic Dave Sefton screws shareholders again

In my article of 5 June 2021, I made the assumption (like many others) that it was Shard Capital (which is the only listed secured creditor at Companies House) who had appointed administrators at Iconic (ICON). I apologise to Shard because it was, as newly filed documents at Companies House reveal, Arch Capital Partners LLP who appointed the administrators. If you look at the filings for Arch Capital at Companies House, you find that its two members are David Sefton and Sefton Management Limited.

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Iconic Labs – drama on death row

This is a great British crime drama starring David Sefton as Professor Moriarty. The £1 million he took is still missing and meanwhile Iconic Labs (ICON) is on death row. The tension mounts.

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BREAKING: Iconic, is there life after death? Offer made to administrator

The folks behind European High Growth Opportunities Securitization Fund (EGHOF) have made an offer to the administrators to pay off monies owed by Iconic (ICON) to Shard Capital on the condition that the worthless entity is brought back from the dead. Shares in Iconic were suspended this morning following Friday night’s administration so perhaps there will be life after death.

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Verditek – clutches at green crowdfund straws signed off by compliance officer Richard “Gollum” Gill, AIM shit of the year 2014-21

As I have noted many times, following the “disappearance” of the eight contracts Verditek (VDTK) used to ramp the shares ahead of its last bailout placing, it is a company without revenue and now, once again, almost out of cash. And this it seems that equity investors have had enough and so the company has resorted to even dimmer and more credulous punters from the crowdfunding community. I have no idea what Tory Toff Lord Willetts is smoking other than a last cigar marked desperation but this makes no sense.

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Iconic Labs – dilution on an EPIC scale on the way, will this be a record number of shares in issue for a UK small cap?

On Friday Iconic (ICON) published on its website its Notice of General Meeting announced via RNS to be held on 15 June – you can see it HERE. It is shocking.

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Iconic Labs and the ongoing downfall of toxic Dave Sefton

Today, the oil company that toxic Dave Sefton ramped, raised funds for, did undeclared related party deals with and still owes cash to, Anglo African Oil & Gas (AAOG), was thrown off AIM as a near bankrupt shell. Last Friday, it was the turn of the other company he destroyed with related party deals, Iconic (ICON), to have news and it all reads badly for Dave. I wonder how Dave’s business partner, the Tory, Damian Collins MP feels about this. More sleaze vicar?

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Iconic – a new spotlight on the greed and inappropriate actions of toxic Dave Sefton and the good Germans: Is Damian Collins MP watching?

It is beer and popcorn time at Standard Listed Iconic (ICON) as former boss toxic Dave Sefton, for years a blot on the UK smaller company scene, and the patsy Good German directors John Quinlan, Liam Harrington and Samuel Regan Asante now face retribution from the new bosses. Bring it on. Sefton needs expunging from the quoted companies world once and for all and to hand back his illicit winnings.

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BREAKING: Iconic labs, Tory MP Damian Collins & toxic Dave Sefton - is there something (very fishy) they are not telling us?

This all looks fishier than a case of seven week old kippers left in the sun. You will remember that on 1 February 2021 the three patsy directors of Iconic (ICON), who were paid two hundred grand a year each to do the bidding of toxic Dave Sefton, quit before they were pushed and that day signed new contracts to work direct for toxic Dave’s Greencastle.  Greencastle owned assets thanks to deals funded by Iconic in return for Iconic getting a management contract but that contract was also terminated on February 1. That should be a hanging offence but it gets worse.

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Video: Swearing Iconic Shareholder turns his attention to UK Oil & Gas & Lyin' Steve Sanderson

It seems someone pulled the video of an angry Iconic (ICON) shareholder challenging toxic Dave Sefton to a charity boxing match. I can’t think which low grade scumbag would want his reputation protecting with that attack on free speech. Maybe toxic Dave has hired the fraudster’s PR of choice, Henry Harrison-Topham, of Buchanan to do his PR. Anyhow, our pal is back and his new target is Lyin’ Steve Sanderson of UK Oil & Gas (UKOG). Enjoy before this video is also taken down.

Video: Toxic Dave Sefton challenged to charity boxing match by investor he screwed over

Toxic David Sefton of Anglo African Oil & Gas (AAOG) and Iconic (ICON) infamy has cost mug punters, who ignored my numerous warnings, a fortune. And it seems as if some of them are rather angry. The chap in the video below uses language which makes even me blush but he offers a challenge to Dave which would raise £10,000 for charity and, once social distancing rules are relaxed, would be greatly enjoyed by many folks. So come on Dave, say you will do it… 

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The death of Iconic labs Part 2 - Who will be holding toxic Dave & the 3 Good Germans to account: the courts, the administrator or EGHOF?

It is only a matter of time before Iconic (ICON) is put into administration and I shall then be one upstanding citizen who contacts the administrator about the conduct of the Good Germans, the three directors who quit on Monday, as well as former chairman and then shadow director toxic Dave Sefton whose private companies have grown rapidly using Iconic’s cash. But I shall not be alone. Death spiral provider EHGOF claims it is owed cash by Iconic and has launched the most explicit broadside at toxic Dave and the Good Germans (John Quinlan, Liam Harrington and Sam Asante) with specific, shocking allegations, and making clear threats. 

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The death of Iconic Labs Part 1 - is Katharine Lewis committing what used to be a criminal offence?

After yesterday’s debacle, Katharine Lewis is now the sole remaining director of Iconic (ICON) which means it is breach of the 2006 Companies Act which requires all public companies to have at least two directors. However, that is the least of her worries.  The main concern, and one which should be getting the appropriate professional and legal advice about, is Iconic currently trading whilst insolvent and should she ask for the shares to be suspended whilst it clarifies its financial position?  Trading whilst insolvent was until recently, for a director, a Criminal Offence. It should be again.

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Iconic Labs – surely it is toast as the curse of toxic Dave Sefton strikes again

This is becoming a new golden rule of investing. If Toxic Dave Sefton gets involved with a company, he will end up owing it stacks of cash after its resources were used to support his private interests, it will never get that cash back and it will be fucked. Investors will be almost entirely, at best, wiped out.  First it was Anglo African Oil & Gas (AAOG) – where eventually I forced him out after shocking revelations on this website, today it is Iconic Labs (ICON) which has fallen victim to the curse of Sefton, here he was a shadow director pulling all the strings after my revelations forced him off the board.

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Iconic Labs – just how chasmous is the balance sheet hole?

Following Iconic (ICON), revealing that it was subject to an alleged claim by European High Growth Opportunities Securitization Fund, EGHOF, the subsequent criticism by OTT Holdings Limited and the Director’s weak response since the share price of Iconic fell by around 50% from 0.012 pence on 13 January to a new low bid price of 0.006 pence. The stock has since rallied by 23% but is this a dead cat bounce?

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Iconic – Tries to rebuff OTT but its RNS does not wash, it is another reason to sack the board

Iconic (ICON) has today issued a statement trying to rebuff the demands of 15% shareholder OTT to sack the board. It is a truly dismal statement which, if anything, adds to the case for backing OTT.  I wonder which cretin put this cobblers together?

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Bearcast
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Tom Winnifrith Bearcast: Colin Bird, Rio Ferdinand & Toxic Dave Sefton: 2 bad guys and a hero but would you want any on the board?

I start with yesterday’s Albanian lecture in honour of my late father. Then it is onto Colin Bird and Jubilee Metals (JLP), Rio Ferdinand and the Gym Group (GYM) and Toxic Dave Sefton and Iconic (ICON) in the wake of Nigel’s bombshell from earlier. One of the three is a bit of a hero and, to give you a clue neither Bird or toxic Dave ever played for West Ham.  But would you want any of the three on the board of a company in which you are invested. I discuss all three situations in detail.

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SHOCKING EXPOSE: Iconic Labs and the Joe Media deal – good value for Iconic shareholders? Or just another scam for toxic David Sefton?

The progress report of the administrator of Joe Media Limited filed in December (“the UK arm of Joe Media”) at Companies House provides some insight into trading at Joe Media’s UK operations in the period of trading under administration which was impacted by government response to Coronavirus.

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Iconic Labs: after all the hype, huff and puff, final results are out & are more dire than the direst day ever in dire City - auditor's warning

Worthless Standard listed POS, Iconic (ICON), issued its final results for the year ended 30 June 2020 and they were dire. Truly dire. Unbelievably dire. And this comes after ramptastic RNS after ramptastic RNS penned by toxic Dave Sefton et al saying how well things were going.

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Iconic Labs – Glimpse Protocol Limited another deal courtesy of Toxic Dave Sefton

On 30 September 2020, Iconic Labs (ICON) announced a Partnership with leading Ad-tech tech provider with the first paragraph stating “Iconic Labs Plc (LSE:ICON), a multidivisional new media and technology business, today announces that after a successful trial Iconic Labs has signed a commercial partnership agreement with Glimpse Protocol, a leading provider of advanced technologies to Ad-tech.”

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Iconic Labs – time for some honest answers

Of course there really is more chance of me shagging Cheryl Cole than of this happening. But let’s hope for it anyway. How many of the current wave of enthusiastic shareholders who piled into the grossly misleading announcements starting on September 10 understand that there could still be much more share dilution to come?  There are three separate financing instruments under which Iconic (ICON) can be required to issue shares for and they are as follows:

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Iconic – so morons, just how scammed by this blatant lying do you feel today?

Ouch! I do hope that the morons who have piled into worthless, cash-guzzling, POS Iconic (ICON) in recent days had lubed up properly for this morning for they were shafted completely. The shares have slumped by 47% to 0.01325p having also dumped yesterday. Now we know why and it is horrific.

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Iconic Labs – More evidence of Toxic Dave Sefton’s close relationship with Iconic and about his new £1.45 million purchase

Linton Capital LLP, an investment company run by Toxic Dave Sefton, has been busy putting in place the arrangements to buy the Joe Media businesses in the UK – even though Joe Media may, as I exposed a day or so ago, be going seriously off the rails.  A recently filed security agreement now to be found at Companies House dated 9 July 2020, indicates that Toxic Dave, Linton Capital LLP and Greencastle MM Limited have entered into an agreement with BPC Ireland Designated Activity Company not to exceed £3,787,000 and any interest due and payable.

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Uber ramped worthless POS Iconic Labs: are the wheels coming off Joe Media’s business already?

No news is bad news and here is why Iconic (ICON) seems to be sitting on bags of bad news. Will this company, still being run as a shadow director by toxic David Sefton, come clean? This is what it needs to clarify…

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Worthless Iconic Labs – Toxic Dave Sefton’s latest deal, a bent money go round

Yesterday, Iconic (ICON) announced a “New management services contract with JOE Media Business generating revenues of at least £50,000 a month.  Intention to look at conventional financing options to replace current facility.” This is a total con with those revenues effectively coming from its own money. Its a swizz. Let me explain.

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Iconic Labs – a catalogue of excuses, forced to 'fess up by our exposes

At 5.07 PM yesterday, AKA no one is watching o’clock, after a series of exposes on this website, about its failure to tell the truth to investors Iconic (ICON) issued an “Update on Joe Media and Other Business Update.” It vomited up a series of excuses for failing to conclude deals previously announced and forthcoming dire results with minimal turnover and significant losses.  The text in bold is what we imagined Directors were thinking as they drafted this statement.

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Iconic Labs – 2 “deals” it announced but has not un-announced

Everything about Iconic labs (ICON) is toxic as we have exposed so many times HERE. Not least is the way it happily deceives investors. This worthless lie generating POS should be slung off the markets at once.  In order to keep its death spiral funding going Iconic likes to trumpet new deals but is a shy in highlighting that they did not in fact occur. For instance take the Social Alchemist and Medium Channel Media deals that were announced.

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Puke, puke & puke again: Iconic Labs – Toxic Dave Sefton serves up another toxic deal, is it a fraud?

In a series of articles running for almost a year I have highlighted a sea of red flags concerning uber-dog Iconic (ICON).  Yesterday Iconic announced that it “supports Greencastle Capital bid for Joe Media and discussions on management contract”.   The rest of the announcement below provided some more background as follows but trhere were a few, explosive, details Iconic neglected to mention.:

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Anglo African Oil & Gas: the curse of toxic Dave & Sarah (can’t) Cope – calamity strikes

It was just three months ago that we warned repeatedly that Anglo African Oil & Gas (AAOG) should not proceed with the offer from AIM uber dog Zenith Energy (ZEN) and instead refinancing proposed by Richard Jennings. Inept Chairperson Sarah (Can’t) Cope ignored our advice which would have seen past dealings by her pal toxic David Sefton opened up to public scrutiny and bullied through the deal.  Today her folly has been revealed in full and this company is surely toast.

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Anglo African Oil & Gas – 2 questions on cash or maybe I am just thick?

I guess I am just very stupid and someone brighter than me can perhaps enlighten me but, to a simple mind it seems that Anglo African Oil & Gas (AAOG) has not been entirely upfront on the matter of cash. Let me explain….

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The second time I’ve claimed this scalp this year: Toxic David Sefton “resigned” from Iconic

In July this year David Sefton was forced to quit Anglo African Oil & Gas (AAOG) after revelations on this website about horrific undeclared conflicts of interest, obscene expenses and other matters. Here we are on January 30th and after massive pressure about misleading RNS statements, related party deals and other matters I get to claim his scalp again, this time at insolvent Iconic (ICON).

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Another Gotcha for the Sheriff of AIM: Anglo African Oil & Gas forced to ‘fess up

Following my article yesterday morning HERE, Anglo African Oil & Gas (AAOG) was forced by its Nomad into a full ‘fess up. And the admissions are damning.

Crime-Scene

Want someone to blame over Anglo African Oil & Gas debacle - how about the Whore blogger & the Clown?

Shares in Anglo African Oil & Gas (AAOG) were 16p a year ago and are now 0.6p ( and overvalued at that). The main blame for this debacle must lie with disgraced bosses James Berwick ("resigned" today) and toxic David Sefton.  But of you seek other culprits on the pay roll....

Bearcast
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Tom Winnifrith Bearcast - It is more than six years since I published the Bloody Dossier

Firstly, I am delighted to say that NoGold has been in touch about the £50 bet. Good man. Then I reflect on G3 Exploration (G3E) in light of Evil Banksta's excellent piece yesterday. It is now more than six years since I ignored a certain amount of pressure and published the Bloody Dossier HERE. Under the Roger Lawson rules I would not have published. I am, again, vindicated. I comment on Anglo African (AAOG) and will have more to follow on toxic David Sefton and Iconic (ICON) later. Today's news moves Lyin' James Draper of Bidstack (BIDS) one place up my target list. I look at Online Blockchain (OBC) in detail and also at Fulham Shore (FUL) where the numbers look all wrong and which is, I fear, an accident waiting to happen. The £65 million valuation is crackers. 

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Another scalp for the Sheriff of AIM: James Berwick the Anglo African Oil & Gas CEO is toast but £50k is still missing

In July of this year I forced Anglo African Oil & Gas (AAOG) to fess up to the fact that it had spunked £300,000 on due diligence on a deal it was not doing but which a company largely owned by and run by Anglo’s then boss toxic Dave Sefton and its CEO until today James Berwick was going ahead with. At that point the two men said if it completed the deal, Tunisian would repay the amount in full.

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Another FinnCap Triumph as Toxic Dave Sefton reneges & worse: Anglo African Oil & Gas, the Fat Lady is warming up

Oh dear, oh dear! There is so much bad news to bury on election day for pariah stock Anglo African Oil & Gas (AAOG), a company we have exposed so many times on this website. Let us start with its former boss, toxic Dave Sefton who is not a man of his word.

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Bearcast
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Tom Winnifrith Bearcast: It's a vicious slur, Cheryl my thoughts have not turned elsewhere

I reply to a listener who blames yesterday's lack of bearcast on my thoughts shifting away from Ms Cole to this young olive harvester - such a suggestion is almost defamatory. Then it is on to Dignity (DTY), St James Place (STJ) and - in some detail - the very naughty boys at Iconic (ICON), led by toxic Dave Sefton and why the two NEDS walked today.

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Iconic Labs – why cannot it get straight its story on Gay Star News?

Oh dear, oh dear, Iconic Labs (ICON), run by toxic Dave Sefton of Anglo African Oil & Gas infamy, has issued another statement on its acquisition of the LGBTI website Gay Star News. And it is still misleading its legion of daft followers. Why cannot it get the story straight. I provide, in bold, the ShareProphets translation service below. 

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Bearcast
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Tom Winnifrith Bearcast: Friday 13th is not a good day for the Toxic Brothers: Dave Sefton and Neil Woodford

There is some macro babble focussing on the woes of the EuroZone, why Malcolm is wrong about housebuilders and other matters. I look at Woodford Patient Capital Trust (WPCT) after yesterday evening's shock news and ask when it breaches gearing limits and what happens next. I touch on i3 Energy (i3E) then look at the shock departure of Dave Sefton from Anglo African Oil & Gas (AAOG). He should have been fired sooner and what happens next? And what does this mean for Iconic (ICON) which I mistakenly refer to by its former name of Widecells and where Sefton still casts his malign influence as a director.

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Bearcast
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Tom Winnifrith Bearcast: Tony O'Reilly Jnr you really are the biggest shit in Ireland

In today's podcast I start with how Roger Lawson wants laws changed that will shut ShareProphets down and is using Burford (BUR) as his pretext. I look at how the AIM demise of Avanti (AVN) shows how wrong Lawson is and at lessons we can all learn. I cover Providence Resources (PVR) and its dirtbag fat cat boss Tony O'Reilly Jnr, at Cabot Energy (TOAST), Mysale (MYSL) - another mark of shame for Burford's Nomad Macquarie and for Sir Philip Green - and at IMC Exploration (IMC) which is toxic.

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Bearcast
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Tom Winnifrith Bonus Bearcast: More dissembling from the bullshit merchant David Sefton of AAOG

There is a new RNS out today which begs massive questions which the company refuses to answer. And there is still the matter of the placing at 5.2p and more questions about whether Anglo African Oil & Gas (AAOG) will get that away in light of what it claimed on Friday. This stock is now utterly toxic and uninvestable at 4p. Enjoy.

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Bearcast
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Tom Winnifrith Bearcast - TrakM8 misleads surely a bailout placing needed

In today's bearcast I look at more toxic behaviour at Anglo African Oil & Gas (AAOG), at TrakM8 (TRAK), Bluejay (JAY) and there is more on Woodford Patient Capital Trust (WPCT) and the, slowly detonating, nuclear grenade that is Proton Partners (PPI). I also look at (bad) news from Asos (ASC) and Sosandar (SOS) and wonder if there is something happening in online shopping that we have missed.

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IPO
IPO
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New Big Short Dossier - are Neil Woodford's pals at IP Group running out of money & its opaque accounts

In a bearcast last Thursday I discussed the complex relationships between IP Group (IPO) and disgraced Neil Woodford. They stink and IP, at 74p capitalised at £784 million, will be dragged into this scandal and that alone makes it a toxic investment. But there is a bigger reason why this company is a compelling short...

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Woodford - how the mighty have fallen: Pheonix Spree RNSs to say Neil DOES NOT hold!

With a hat -tip to Cynical Bear who beat me to it, I had to laugh at today's RNS from Pheonix Spree Deutschland (PSDL) - a UK real estate outfit specialising in Geermany - which has just announced that following investor enquiries it wants to tell us all that it is unaware of any holding by Neil Woodford in the company. Oh how the mighty have fallen!

Collapsing-Reactor

Neil Woodford – desperate times call for desperate measures

Another day, another round of redemptions. This morning we learn that Neil Woodford’s flagship Equity Income fund has now dropped to £3.75 billion and two of the four accumulation units are now below the £1 issue price of five years ago. Meanwhile shares in Woodford Patient Capital (WPCT) closed yesterday at 77.8p, as against the launch price of 100p about four years ago and last seen are down again this morning to 75.6p, and the newest arrival, the Income Focus fund has seen its accumulation shares drop by around 17% since launch. Desperate times, but fear not: according to this morning’s Daily Telegraph, Neil has a plan.

DAN
DAN

The Curse of Daniel Stewart strikes again – management fallout at Atlantic Carbon

Thanks largely to the work on this website, the ludicrous proposal to reverse drowning in debt POS Atlantic Carbon into worthless Daniel Stewart Securities ahead of a Standard List came a cropper in early April as noted HERE. But the curse of doing business with Daniel Stewart and its toxic boss Peter Shea is now becoming clear for all to see.

Bearcast
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Tom Winnifrith Bearcast: You are going to Hell and your "blog" is toxic say two of my critics

I deal with the critics in turn. The former, a Christian, has me wrong, the latter, a knobhead, is an apologist for enablers of crime. I then look in detail at Purplebricks (PURP) and is inevitable descent to zero, and at the implications of the sad tale of African Battery Metals (ABM). Then it is onto Bonmarche (BON) blaming Brexit for its woes not the crass stupidity of the bird who runs this business of the wider macro picture which she fails to recognise could sink her business completely. I also comment on BCA Marketplace (BCA) and on the pre-Christmas plans of Joshua and myself for today, far more important than this stockmarket malarky.

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TOM
TOM

TomCo – London’s broker of worst repute quits claiming association damages its reputation

SVS Securities did a bailout placing for the fraud MySquar (MYSQ) days before its downfall, knowing full well that the company was a wrong ‘un. That had to be reversed PDQ as it emerged that the ex CEO had half inched almost a million quid..  Suffice to say it will act for almost anyone and its reputation is of being a thoroughly low grade and morally bankrupt operation. So when it quits an account to protect its reputation you know that the company in question is toxic. Welcome to long time uber dog Tomco (TOM)

QPP
QPP

King fraudster Rob Terry of Quindell infamy announces plans for £1 billion stockmarket listing

I have got more chance of shagging Cheryl Cole than Rob Terry has of achieving a £1 billion flotation of his latest fraud but let us humour the old criminal and examine his plans for OS3 Digital Limited, formerly Knob Park Estate.

FRR
FRR

Spoof No 1 exposed so what about spoof No 2 from almost bankrupt Frontera?

You will no doubt remember that as well as facing two legal cases either of which could strip it of all of its assets (having caved on a third) Frontera Resources (FRR) is completely out of cash, burning cash and drowning in debt and thus is trying to ramp its shares however it can to get a bailout rescue placing away. So welcome to the tale of two spoofs orchestrated by disgraced dirty tricks PR specialist Tim Thompson of morally bankrupt & intellectually challenged fucktards Yellow Jersey and egged on by the whore blogger Malcolm “fat bastard” Graham Wood.

FRR
FRR

Frontera shareholders you have been raped – "discussions with majors" exposed as meaningless MOU

Oh dear. Oh dear.  With the disgraced and widely reviled dirty tricks specialist Tim Thompson running its PR Frontera (FRR) was always going to play fast and loose with the rules of the AIM casino as it tried to ramp its shares ahead of yet another bailout placing. Today it announces a MOU which is really nothing of the sort and exposes this promote for the crock of shit that it is. Even the dullards on the LSE Asylum must now start to realise that they have been had.

Clown

Julie Meyer seems to think it is Ariadne that is the toxic name and rebrands, Julie you are wrong

I note that Julie Meyer is still keen to tout herself as a guest speaker as you can see below. But she now appears keen to distance herself from the Ariadne name, something she has been pushing for a decade and a half. Does she think Ariadne has toxic associations? She now links herself to her private company Viva Capital - the one that has not filed accounts for 2016, 17 and 18 and whose last accounts were clearly bogus but showed cash of nil.  Whatever...

BOS
BOS

BOS Global shares suspended pending clarification and they even fecked that statement up

The statement from BOS Global (BOS) saying that its shares were being suspended pending clarification had to be released twice as the fucktards currently in charge got it wrong first time around. That says it all really.

AVO
AVO

15 Questions for Advanced Oncotherapy: shares crash as Investor Presentation bombs

For years Advanced Oncotherapy (AVO) has ramped its shares to get away placing after placing with ramptastic investor presentations. But that was before I started asking all those horrible questions for which there was no answer. and Winnileaks started obtaining toxic leaked emails.  Last night the company had a presentation in London. It has another in Zurich this morning. Warning Swiss folk and tax dodgers quotes about the London chinwag include "everyone left unhappy" and from a long term bull "I am just throwing in the towel." The shares have crashed by 23% to 36p bid so far today. The target for me remains 0p. But for those folks going to the Zurich meeting here here are 15 questions Advanced can't or won't answer:

Bearcast

Tom Winnifrith St Valentine Bearcast - debt is toxic & braced for a day with public sector shirkers (my family)

All my family bar step sister Flea work in the public sector and so today at a great family gathering I shall have to listen to folks on 38 hour weeks earning silly salaries bleat on about how stressed they all are and about the wicked Tories. Saints preserve me, it will be grim. Away from discussing the horror that awaits me I look at the toxic nature of debt, market crashes and investor denial.

Bearcast

Tom Winnifrith Bearcast 12 Feb - Polemos the £1.4m David Lenigas scandal

I start with an analysis of how David Lenigas and his gophers Hamish Harris and Donnie Strang have managed to spunk £1.4 million of the £1.55 million they had to play with at Polemos (PLMO) in three and a bit years and why after today's placing this is still a POS with the toxic Jabba The Hutt odour all around it. Then it is onto LGO Energy (TOAST) and its latest disaster. Then I move onto Leed Resources (LDP), Motive TV (MTV), Golden Saint Resources (GSR) and Canaccord (CF). One suspects the great analyst Saint Kevin of Ashton loved its disastrous numbers today as the banksters had a hot date with karma. This podcast contains strong language. Lenigas is one four letter word but there are many others.

LGO
LGO

LGO Energy - the stench of David Lenigas wont go away

The biggest problem that LGO Energy (LGO) faces, other than still not fessing up fully to misleading investors (Leni-lying-gate) and hurtling towards administration unless it can secure a bailout placing and an oil price which is so low that it can't generate cash and having fields which suffer such sharp declines in output that they make no sense, is the association with toxic Aussie share ramper David Lenigas. It tried to distance itsself from Jabba The Hutt by changing its name from Leni Gas & Oil..but er...

Beggar

Video: Debt is toxic - Gold & Bears main stage speaker Mark Littlewood of the IEA explains the mess we are in

Libertarian Mark Littlewood of the IEA is a Question Time Regular and came along to Gold & Bears to give a compelling presentation on the mess we are all in. Debt is toxic and the answer is not more tax but less.

TRB
TRB

Tribal Group – hopefully our prior warning that “No earnings visibility + debt = toxic” was heeded as…

Even on a 19th October profit warning seeing shares in software and services for education management group Tribal (TRB) down more than 35% at sub 80p, I concluded that the shares still looked to be one for the bargepole as no earnings visibility + debt (£23.1 million on the half year stage balance sheet) = toxic; see HERE. A further announcement today entitled “Trading Update, Rights Issue and Move to AIM” sees the shares currently down a further 25p at below 30p…

TRB
TRB

Tribal Group – following previous updates, it’s quelle surprise… the news is dire!

Having announced in May that “Keith Evans has informed the board of his intention to retire and step down from his role as Chief Executive” and that “our profits in 2015 are expected to be strongly weighted towards the second half of the year” and updated in August that this was partially the result of “changing software customer buying cycles and software implementation programme profiles, which we believe are likely to become a long-term feature in our markets”, it was guessable somewhat what a “trading statement” today from Tribal Group (TRB) has delivered…

QPP
QPP

Quindell & Cenkos – when’s the official divorce and share suspension? Soon.

Last week I revealed that Cenkos, the Nomad to Quenron (QPP) was letting it be known that it was going to quit as Nomad soon (HERE). The Sunday Times today reports that Quindell fall guy – acting chairman David Currie is scouring the City looking for a new Nomad, because without a Nomad the shares get suspended then – a month later – booted off the AIM casino. Our when will Quindell shares be suspended prize sweepstake is HERE The Sunday Times report states:

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