I discuss proposals to replace the FRC; why attempts to stop the crook, Elon Musk, are so misguided; and new wildlife diversity at the Greek Hovel.
Once again we get an RNS reach from spoof company Online Blockchain (OBC) run by the same gang who run ADVFN (AFN) which put out its own comedy release today as discussed in bearcast HERE. But this one is so special it needs a full translation service. The translation is in bold.
What does the perfect fraudster look like and how does he like to be depicted? Earlier I showed why Buy 2 Let cars was a ponzi, a fraud, where £35 million of punters cash will almost certainly go to money heaven and where the FCA was – yet again – criminally negligent in ignoring my warnings. Now meet Reginald Larry-Cole the crook behind it. Born in Sierra Leone he has an Atilla from a new University. Nothing remarkable there. Nor the drink drive rap where he was so drunk he collapsed out of the car but still pleaded not guilty, blaming the cops. So he is a liar.
I think they have and, given how much warning I gave the FCA, this will go down as yet another epic fail by a regulator who did nothing until it is too late. Once again the regulator addresses the concerns of the middle classes yakking on about the gender pay gap and diversity among very well paid white collar employees but in terms of protecting financially unsophisticated lower middle class and working class folks, its actual job, it fails. Screw the plebs, it is not as if senior FCA staffers have any social contact with the dirty oiks, is it? Like the 14 year old girls in Rotherham, they are just trash. They don’t matter. As for Buy to Let, its boss, Reginald Larry-Cole, might tick all the FCA’s diversity boxes but he is a crook. He needs to go to jail.
As you can see here, I shall be engaging in a small act of defiance tonight. In the podcast I discuss UK Oil & Gas (UKOG) - forced by myself to ‘fess up today about what is happening at the Gatwick Dribbler. I look at Trainline (TRN) and explain why the soon to be ex CEO is not a crook, at Guild Esports (GILD), Bluebird Merchant Ventures (BMV) and at Jubilee Metals (JLP).
I have shares in Bluebird (BMV) and think that at 4.25p they are cheap. They should, IMHO, be trading at 6p and might get into double figures if it can resolve issues with its Aussie, soon to be ex, partners in Korea. But a 34.79p target price, a 69p DCF valuation, is insane as I explained in detail in bearcast yesterday HERE. But that is the target price of Align Research, which owns almost 4% of the shares, and its boss Richard Jennings wants to defend that viewpoint and being a fair man I allow him to do so.
Yesterday I posted up court documents showing the extend of the fraud at Frontera Resources (FRR) the company slung off AIM after serial lying, which now has no assets, no cash and owes millions to its lawyers, former partners and suppliers. You would have thought that those dumb poltroons who ignored my serial warnings and still own the shares would have recognised that the game is up. But no.
Another 12km training walk with my daughter looms and the little snowflake is bound to bleat as the skies darken. I will not enjoy the rain much either. So, as I suffer, please donate that tenner (or more) you know you want to give to Rogue Bloggers for Woodlarks HERE. I look in detail at Sosandar (SOS), Mercantile Ports (MPL), Avacta (AVCT), Novacyt (NCYT) and Open Orphan (ORPH) setting new price targets for all three and then discuss the crooks at Telit (TCM) as the FCA concludes its corporate enquiry.
For starters, the scale of the fraud at NMC Health (NMC) is, as of last night, known to be c$3 billion. It might be more. Dr Shetty who set up and runs Finablr (FIN) is a total crook and that is one reason why the shares should be suspended at once. But there is another pressing issue for the world’s most inept regulators to consider...
Even the journalist smearing PR mothers at FTI consulting could not polish the steaming turd that was today’s 4.11 PM update from the, until recently, FTSE 100 member NMC Health (NMC). The level of fraud is staggering.
Merry Christmas Neil Woodford. Having made c£100 million from Woodford Investment Management you are planning a new Chinese venture as those Brits who backed you lick their wounds and count their losses. You are a crook, a spiv and should be in jail and facing a lifetime ban from financial services. If folks were not angry enough already, at 11.41 AM on Christmas Eve came another £15 million kick in the gonads. Cheers Neil, seasons greetings to you, your wife and your array of show jumping ponies.
I ramped up the pressure at the weekend and today Bidstack (BIDS) has finally issued a dire lack of sales warning. This admission shows that share selling CEO James Draper is a crook as well as a liar and the next bad news will be a bailout placing. For the morons who own these shares (40p+ just a few month ago and now sub 9p) the pain is far from over.
Firstly, we are now at more than 99% of our Rogue Bloggers for Woodlarks target. If you have yet to donate please do so NOW HERE. Next year there are a few changes planned as I discuss. I then discuss my friendship with Richard Poulden and how it affects my writing. Finally Brian McDonnell, the liar and crook who runs the worthless fraud US Oil & Gas (USOP), I am planning a legal and media circus in Dublin to end your career, that of your mentor Liam McGrattan and Niall, Bertie and your other cronies. You want to play ball bitchez?
On today's bearcast I mention, en passant, an Irish crook I want to sue me as you can see HERE but then cover Big Sofa (BST), Conroy Gold & Natural Resources (CGNR), Mosman Oil & Gas (MSMN), ITM Power (ITM), Arian Silver (AGQ), Carillion (CLLN) and Purplebricks (PURP)
Welcome to your new job as a NED at soon to be suspended AIM casino dog Glenwick (GWIK), Amanda Van Dyke would you care to discuss your new 6% shareholder? Er why not? A tad embarrassing per chance?
Maybe it's because it's a big US stock, or maybe because the world just hates working with Microsoft, but Nigel Somerville's Hey! Microsoft! Fuck you and fuck you some more - re Windows 10 comes in at an easy number 16, which is extremely high for a non-Tom story. Particularly one only written yesterday. It apparently has got under people's skin.
Nudged by a reader as we await the imminent death of Old Mother Worthington (WRN) in the snows of Greenland we bring you our latest spot the crook/caption contest - a photo of the Nuna Minerals AGM. Over to you, answers in the comments section below with a deadline of midnight today.
Watchstone (WTG) has offloaded another of the joke/frauds bought during the Rob Terry era to its management at a stonking loss. The sale of Quintica for £1.35 million is good news for Watchstone but shows once again what a crook the fraudster Rob Terry was.
And there were we thinking that market abusing, lying fantasist and all round little twerp had fled to Dubai to avoid taking me on in the boxing match he had challenged me to and accused me of being too cowardly to take part in. But no, the little crook is back in the UK so I have sent him an email. Chris starts with his tweet
The little twerp just cannot help himself. Today he has announced that yesterday he sold his entire stake in MX Oil (MXO) - 16,666,667 shares. But looking at his tweets (deleted and undeleted) from yesterday the crook is clearly again breaking the law.
For the 7th time - the first perhaps for our many new readers - I feel the need to explain what free speech really means. I do this for Chris Oil & other Bulletin Board Morons who seem determined to post comments here stating that I take bribes on a weekly basis and am a crook. And also for the chap who wants to post with great frequency the claim that I am a "sausage jockey." I do not regard that as a smear since I see nothing shameful whatsover about being gay. It just happens that I am not. But it says a lot about our critics that they seem to include a good number of jew haters, homophobes and other assorted bigots.
What wags some folks are. Certain folks reckon that you should all vote for PR bimbo Canace Wong as a proxy for me as the stockmarket villain of 2015. Not only are predictable fools and knaves urging their minions to rig the vote but someone in Manchester has actively attempted to rig it with multiple voting. Vote early, vote often, vote Canace. You saddo - you think we can't monitor IP addresses?
Eagle eyed readers may have noticed that another blog covering the colourful associates of Aussie share ramper David Lenigas appear to have got me a little confused with the crook Damian Conboy (see picture below). Let me explain
Leopards do not change their spots and neither does Rob Terry. His business career shows a consistent pattern of fraud. And now - before he is sent to prison - he is playing with other folk's cash once again at Quob Park. Congratulations to ShareProphets reader Showtime for this post which explores a bit of what the old crook is up to.
The FCA is now investigating Quindell and Quindell itself is reviewing some of Rob Terry's dodgy deals. Terry should lube up and prepare for prison as explained HERE but instead the POS has issued a statement via his new fraud vehicle Quob Park which we translate for your benefit.
Shares in Quindell (QPP) have today been suspended on news that the FCA is now formally investigating and that Quindell itself is now investigating a host of other fraudulent related party transactions over and above the over-statement of profits. The fallout for Rob Terry, Quindell shareholders, ex CEO Rob Fielding and the other crooks in the cabal will be massive. Jail beckons for some. Daniel Stewart is in the merde as Quob Park will unravel. For me I am now 100% vindicated. Or as Rob Terry would have, it 2+2 = 150% vindicated.
The Nomad to Insetco (INC) quit today. I now have more to reveal on this in this podcast special and I bring to your attention the conman crook Terry Ramsden (do a Google search). This is a bargepole stock.
It has just been announced that Mr Rob Terry now owns 7.4% of Daniel Stewart. Is it THE Rob Terry, fraudster, insider dealer and crook? I explain why that Rob Terry owes Daniel Stewart a favour plus there is a follow up on Gulf Keystone.
In today's podcast I reflect on all the moron comments on Bulletin Boards every time Ive been threatened with legal action by crony capitalists or outright crooks. I forgot to mention Angus Forrest of Tern in that list but it did not work out to well for him just like threats from Globo, Range Resources, blinkx, Quindell, Cupid, Sefton, TXO and now Worthington as well as the clowns in charge of the LSE Asylum all ended up badly for them. Get used to it folks, I pick my targets carefully and I win! I then have a shock revelation about TXO before going on to discuss eServGlobal, Rosslyn Data, Mosman Oil & Gas and more.
I shall turn to the matter of the forthcoming Rangers FC (RFC) EGM later but the high-handed statement signed off by its adviser Mr Paul Shackleton of WH Ireland yesterday should be viewed in light of a shock revelation I serve up today about his own actions (or inactions) regarding AIM listed China fraud Naibu (NBU).
I’ve already scotched a few rumours and outright untruths about Tern plc (TERN) HERE, HERE HERE and HERE and Tom Winnifrith has added to the opprobium several times, in particular HERE. But in the wake of a ‘clarification’ RNS which appeared to seek to set the record straight, Tern’s company chairman, Mr Angus Forrest, is STILL misleading his investors by giving an overstated impression of Tern’s beneficial ownership of Cryptosoft. I would suggest that this amounts to Market Abuse. It is a disgrace. The FCA and AIM Regulation need to act now to stop this. It is an affront to all the regulatory systems in place to make sure that the market is told the full truth!
Quindell (QPP) sent me not one but two lawyer’s letters as it attempted to bully me into stop exposing its lies and fraud. What Quindell shareholders might want to ask Rob Terry is how much of their cash he pissed away on this exercise. The second letter came on 11th September from the most expensive law firm in libel, the motherfuckers at Schillings. And I now bring that to you.
Quindell (QPP) owning moron Senor Grande has like his fellow whack job Filthylucre repeatedly promised to boycott this site and never come back. And then both come back like moths to a flame, just to say how much they hate it. The latest comment from Senor Grande is an utterly pompous demand to sack me which merits a wider airing and a detailed reply.
You could not make this up. Disgraced liar and crook Jim Ellerton may well be reinstated as the next Chairman of Sefton Resources (SER) in January. This take from the AIM Cesspit gets worse and worse.
Last time I warned about the GXG listed POS that is US Oil & Gas (USOP) was on July 28 HERE when the market cap was £20 million. Based on the last trade at 34p it is now £13.98 million. It is overvalued by £13.98 million sell while you can. My target price remains 0p