SpectrumX Holidings Limited claims to be ready to set to launch, inter alia, the world’ smost powerful hand gel to stop the spread of you know what. Admittedly it is, according to its own website, only at the “patent pending” stage but it reckons that a Q3 2021 £50 million IPO is happening. We are now in Q4 so what’s the catch? Yesterday, Nick Michaels of Alfred Henry confirmed his firm was acting for SpectrumX and the IPO was still on, albeit delayed. Today administrators were called in. Ooops.
Today’s short but disappointing trading update from the jokers at Boxhill Technologies (BOX) could indicate that the past is beginning to catch up with these guys, particularly Phil Jackson. The share price has plummeted by 50% as a result. Let’s take a closer look.
Ultrasis shares (ULT) were suspended on the AIM Casino on March 31 because it appears that Mr Paul Bell,on whose support it was reliant, might not be able to provide the funds. What Ultrasis has not ‘fessed up to is the reason: Mr Bell seems to be in a spot of bother with the Old Bill.