Keyword results: court

Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Now just £800 needed!

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.

Subscribe to ShareProphets to access Premium Content
AAU
AAU
PREMIUM CONTENT

Ariana: Completion of Court Proceedings - Time to Wield the Cheque Book as More Drilling Results Land

AIM-listed gold-producer in Turkey, Ariana Resources (AAU), has announced the completion of court proceedings in relation to its capital reorganisation which now allows it to pay dividends and buy back its own shares. This has been a very long time coming and we are finally there – hooray!

Subscribe to ShareProphets to access Premium Content
AAU
AAU
PREMIUM CONTENT

Ariana – Time to get the Ouzo on ice

Good news arrived this morning from AIM-listed Ariana Resources (AAU), the Gold (and Silver) producer in Turkey, as the dates for the Court hearings to reorganise Ariana’s share capital to allow the payment of dividends have come through. Hooray!

Subscribe to ShareProphets to access Premium Content
PFG
PFG
PREMIUM CONTENT

Crunch time for the sub-prime lenders - their shares best avoided until their schemes of arrangement are approved

A year or so ago I penned several pieces about the state of the sub-prime loan market in the UK and how I expected major changes to be on the horizon in terms of the way companies providing this type of lending were regulated, and also the potential for mis-selling claims against them.

Subscribe to ShareProphets to access Premium Content
PREMIUM CONTENT

Amigo shares slump as suspension lifted after volte face – what next?

This all looks a bit of a mess. Loan shark Amigo (AMGO) needs Court approval for a scheme whereby customers it screwed get only partial compensation. Those customers have been bullied into voting for it by directors making the threat that if the plan is not accepted the. Amigo will put itself into administration meaning shareholders and screwed customers get nothing. The FCA has objected as the directors are lying, there is a fairer way.

Subscribe to ShareProphets to access Premium Content
AAU
AAU

Ariana – Court Moves (or not….!) but the shares remain a BUY as we still await that Special Dividend

We seem to have been waiting for an eternity for the long-promised special dividend from AIM-listed Ariana Resources (AAU). At first there was due diligence, then Covid and now we are waiting for Ariana’s application to the Court to restructure its capital so as to allow the special dividend to go ahead….which has also been slowed by Covid. The company updated today:

AAU
AAU

Ariana – Waiting and waiting….

We are still waiting for news on that long-promised special dividend from AIM-listed Ariana Resources (AAU) resulting from the now completed corporate action under which the company sold off a large share of its Turkish assets to a three-way joint venture (including itself) to leave Ariana with a 23.5% share in the Red Rabbit project, with its gold-producing Kiziltepe plant, and the potentially much larger Salinbas project in Eastern Turkey. So has it all gone wrong? Er…..no.

AAU
AAU
PREMIUM CONTENT

Ariana – General Meeting #2 called as Special Dividend comes into view: A Resounding BUY

AIM-listed gold producer in Turkey, Ariana Resources (AAU) has taken another important step towards payment of the long-awaited special dividend in relation to the ongoing corporate action which brings Turkish outfit Ozaltin into its gold-producing joint venture with Proccea. Ariana is reducing its ownership in the JV to 23.5% from 50% and injecting its Salinbas project in return for a total of $37.75 million, with a promised special dividend for shareholders, but has an issue with distributable reserves which is to be addressed by a second General Meeting and a trip to the High Court. This morning, the Circular for General Meeting 2 was published.

Subscribe to ShareProphets to access Premium Content
PREMIUM CONTENT

SHOCKING: Nu-Oil appears to have delayed updating the market with price sensitive information

If legal action is being taken against a listed company you would expect that it would inform shareholders to be informed immediately, so I was more than a little surprised that it took Nu-Oil and Gas (NUOG) more than two weeks to inform the markets of a claim against it.

Subscribe to ShareProphets to access Premium Content
PFC
PFC
PREMIUM CONTENT

Is the Petrofac share price collapse a good buying/trading opportunity

Sudden large drops in share price on larger companies tend to spook investors, but they can also offer great opportunities, either to invest at a cheap price or even just to trade any bounce back towards previous levels.

Subscribe to ShareProphets to access Premium Content
FRR
FRR

Frontera - another court case lost: we post filings

This case relates to the Outrider dispute. It is not in itself massive othern than showing that when Frontera (FRR) blusters in RNS about its confidence you should know it is bluster. This particular episode should have been an easy one for Frontera but while racking up its costs it fecked up on its paperwork and thus lost. Poltroons. The Court filing is below.

Boom

Kerboom: Julie Meyer leaves another solicitor unpaid - damning court documents published

Oh dear, Oh dear. At the start of this year Julie "lingerie on expenses" Meyer MBE and her Ariadne Group of ponzis had unpaid bills with Nineteen serperate law firms. Then she hired Shakespeare Martineau to battle brave Henry Gewanter and others. Guess what?  Shakespeare Martineau has filed court documents explianing why it is no longer acting for this wretched woman and they are damning. I publish them in full below. Meyer's new lawyers are a small firm called Cunningtons LLP. I do hope it is not spending all the sums they are invoicing for just yet! The court filing speaks for itself... 

PREMIUM CONTENT

Exclusive: The MySquar boss and his private company and the $8.5m fraud law suit revealed

Below I republish a legal printout from Singapore where four days of Court time has been reserved for MySquar (MYSQ) boss Eric Schaer and his Rising Dragon company ( which is and has always been involved with MySquar as a loan provider) as they stand accused of fraud from a party claiming back $8,750,770 – a lot of dosh. It gets worse.

Subscribe to ShareProphets to access Premium Content
Gagged

Julie Meyer critic John Galt has been silenced - by whom? But it will not be for long...

As you can see below the blog of Julie Meyer's biggest critic. former employee turned whistleblower John Galt, has been suspended. This happened last night and one can only conclude that the web hoster received a stern lawyer's letter from someone. Who do we know who has a habit of sending out threatening lawyers letters to all and sundry in response to factually accurate articles? Hmmmmm. Hint, might the old Bill in Malta currently be searching for this person after she skipped a court appearance

Boom

BREAKING: Police Hunt for Julie Meyer after no show in Malta Court

Oh praise be the Lord, crack out the ouzo, Julie Meyer appears to be on the run.  To have your flagship company - Ariadne Capital - go bust and have the administrator gunning for you over disappearing cash is bad enough but now the Old Bill are after devout Christian Julie Meyer MBE. Over to the newspaper, The Times Of Malta, which reports:

PFP
PFP

Toff Tory Tim Yeo to go to court for £20m alleged AIM malfeasance - ring any alarm bells Sir Henry Bellingham MP of 3DM and Pathfinder infamy?

The Sunday Times reveals that slimeball ex Tory MP Sir Tim Yeo and four other former directors of now bankrupt AIM duffer TMO Renewabales face a £20 million court claim from administrators Duff & Phelps. I do hope that Tory Toff Sir Henry Bellingham MP of 3DM infamy and Nick "Not for the Many but for the" Trew of Pathfinder Minerals (PFP) read the piece.

Bully

Reader Poll - Lawyer's letter for Mr Tom Winnifrith just received, who could be that daft?

It only took 15 days but I have just received my first lawyer's letter of the year, via email. So here is a little quiz. Who sent the letter:

RRL
RRL

Christmas Comes Early - Pirate Pete Landau of Range infamy in Court again

As he only visits those boys and girls who have been good this year I guess that Santa will once again feel no need to drop in on the Landau household, headed up by Pirate Pete of Range Resources (RRL) and many other companies, infamy. But for the rest of us there is an early present with news that the Pirate is in Court again. Happy days.

MIN
MIN

Minoan – still waiting for notice of legal clearance, short-term trading opportunity or avoid?

AIM-listed wannabe holiday resort developer Minoan (MIN) has tested the patience of even the most saintly of saints for years and years. It has a plan to build a resort in northern Crete which has been going through Greek permitting and legal processes which make our own UK planning environment look as nimble as an Olympic gymnast. Of course, the misery has been about to come to an end for years, but perhaps now the green light really is imminent. Is it worth a punt?

RFC
RFC

Takeover Panel not backing down – Rangers FC Rule breaker Dave King being taken to court

A month ago, Tom reported the Takeover Panel’s decision that Dave King should make a 20p offer for Rangers International Football Club (RFC) (HERE) and also commented on King’s ridiculous response (HERE). Well, King has point blank refused the request to make a bid but the Panel is not backing down without a fight.

Newsboy

Tom Winnifrith is going to flee to Greece and close ShareProphets rather than fight Aidan Earley said the moron: think again - here is our Court filing

How do you keep an idiot in suspense? Over to Copperwindow, a moron on the ADVFN Worthington (WRN) thread who posts about 30 times a day how he is going to be rich and how Aidan Earley is going to crush me in Court. Yesterday, among his posts he stated: 

Sheriff-Of-AIM

BREAKING: Snake Oil Salesman & Charlatan Darren Winters defeated and humiliated in Court - The curse of ShareProphets is upon him

For almost 20 years, the spiv Darren Winters has been making a killing charging mug punters five figure sums for utterly worthless stockmarket courses. His salesman get punters to sign pieces of paper which they say do not bind them to anything then bully and threaten folks for thousands of pounds. In 2015 we started to expose this conman and Winters threatened us with legal action unless we desisted HERE. We said "see you in Court Bitchez!" and he declined that offer. We then started funding various cases of folks who Winters was trying to fleece. Winters has used google to try to stop people finding out about this (see HERE) but yesterday one case came to Court. It was a disastrous humiliation for Winters - who sent his ghastly Mrs Tatjana to represent him - and ouzo o'clock for ShareProphets & the Sheriff of AIM. Here is the story of Mr O.

GLS
GLS

AIM SHOCKER: Galasys - AIM’s day of sickening shame as Chairman points the finger

In a quite astonishing statement released yesterday, the non-exec Chairman of AIM death-row inhabitant Galasys (GLS), Mr Kim Seng Teh, has given his account of an unbelievable systemic failure on the AIM Casino to control the behaviour of the board of a member of the world’s most successful growth market. WH Ireland, as the Nomad responsible for this train-wreck until a few days ago, has a number of serious questions to answer, as does AIM Regulation – which, I hope, will be asking a good few questions of its own. I wouldn’t like to second-guess who is the villain in the boardroom and who is the innocent party, but I am sure of one thing: heads must roll in the oversight department.

OPP
OPP

Origo from the Filthy Forty – Execution No. 24 pencilled in for a week on Monday as photos arrive at ShareProphets Towers

It rather looks as though the ShareProphets AIM-China Filthy Forty is set for its twenty-fourth execution, in the form of Origo Partners (OPP) which has now been suspended pending financial clarification for just under the six month period which triggers automatic delisting under AIM Rule 41 (if, that is, the Oxymorons at AIM Regulation bother to enforce it). The ouzo is on ice.

GLS
GLS

Galasys – EGM called… oh dear, is it chairman versus CEO? And a correction….

We have already noted that AIM-listed Galasys (GLS) appears to be minus a company secretary, minus a registered office, minus a Nomad, minus a Broker and minus a NED or two since the board declared war upon itself last year. Now it seems that two disgruntled shareholders have decided enough is enough, but the implications as to what has been going on are dreadful.

GLS
GLS

Galasys – yet another rat deserts the s(t)inking ship as the company tries to pretend that it still has WH Ireland as Nomad.

AIM-listed China and South East Asia play Galasys (GLS) has seen a stunning procession out of the door of late. One NED last December, the Company Secretary (not yet replaced) and Registered Office (not yet replaced) last week, another NED twelve days ago, the Nomad and Broker last week, and now yet another NED today. Surely there is no way back for the company now – yet the company’s RNS today was apparently signed off by WHI as Nomad and Broker!

OPP
OPP

Filthy 40 Origo Partners – settlement deal on the table (again)

ShareProphets AIM-China Filthy Forty play Origo Partners (OPP) has had its shares suspended from trading pending clarification of its financial position since 11 March this year, and with a six-month timetable to AIM execution due to expire next month things were looking dire until a no-one-is-watching o’clock RNS at 4.50pm yesterday. It seems as though there may be some light at the end of the tunnel. Has the Filthy Forty turned up some good news? I rather suspect the answer to that may just be yes.

GSR
GSR

BREAKING Cyril d'Silva and the hidden £1.6m court loss -why didn't Fatty Cornish tell us?

Is this the reason that Cyril d'Silva quit as boss of AIM POS Golden Saint Resources (GSR) on 10 February 2016 - a court judgement against him in Singapore for £1.6 million plus interest from 27 January 2016.

GLS
GLS

Galasys Red Flag Festival – boardroom farce, resignations & joke accounts

Oh dear, oh dear, oh dear. Things are starting to terminal for AIM-listed Galasys (GLS). With the boardroom already at war with itself and dragging the dispute into English, Jersey and Singapore court-rooms and with qualified accounts released for FY15 now we learn that Computershare has terminated its services as company secretary and provider of the registered office. 

HNR
HNR

Highlands Natural Resources and its Helium claims - bombshell documents show they are...not true

Highlands Natural Resources (HNR) is yet to answer the issues raised in the Paul Mendell bombshell of last weekend and so while it keeps its head in the sand, here is another matter for it to discuss: why is it lying about its Helium plays? Yes that is the L word - go ahead and sue me bitchez I shall happily see you in court.

GLS
GLS

Galasys – courting disaster or just a farce?

We have been covering AIM-listed, but not (quite) AIM-China Galasys (GLS) through the who-is –in-charge battle since last October. There have been court proceedings in the UK, Jersey and Malaysia and here we are in April 2016 with still no resolution. Yesterday morning the company issued an update: Jersey proceedings were suspended as a kiss-and-make-up negotiation was underway, and in Malaysia a ruling went for the company and its directors (one of them former) but seems to have been appealed.

OPP
OPP

F40 Origo Partners set to remain suspended until (at least) late July

On Friday at 5.36pm, no-one-is-watching o’clock, ShareProphets AIM-China Filthy Forty member Origo Partners (OPP) updated on court proceedings in the Isle of Man with regard to the winding-up petition presented last month.  The trial date is set for Friday 22 and Monday 25 July, which means that shares in Origo will remain suspended pending financial clarification until then. Unless, of course, Nomad Smith & Williamson decides enough is enough and resigns.

GLS
GLS

Galasys – trading update warns of possible material profit miss whilst it sorts out who its directors are

The farce continues apace with AIM-listed Malaysia and China play Galasys (GLS). This morning we were served up with a rum’n’coke for breakfast in the form of a trading statement. On the one hand there was plenty of blather about numerous and significant new contracts being won, but on the other there are ongoing legal actions in the UK, Jersey and Malaysia to sort out who actually runs the company and we are warned that the costs could put a big dent in the bottom line.

GLS
GLS

Galasys – curiouser and curiouser, cried Alice

AIM-listed China and Malaysia hybrid Galasys (GLS) is turning into a fascinating soap-opera and the entertainment was turned up another notch yesterday. Entertainment for onlookers that is, but not for shareholders who might be more than a little concerned at the ongoing difficulty in establishing quite who is in charge – or, at least, who should be in charge – of the company.

Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Complete Coverage

Recent Comments