Oh dear, oh dear. This should be another massive red flag for the morons who own shares in the Supply@ME Capital (SYME) fraud to ignore. It will also prompt a formal complaint to the FRC about auditors PKF Littlejohn and Eight itself.
First thing yesterday morning shares in Love Hemp (LIFE) the pot play backed by boxer Anthony Joshua saw its shares suspended. At 4.35 PM it fessed to the grisly truth: it had lied about a fund raise announced on 8 February. But then it carried on lying. No wonder, adviser Peterhouse has resigned.
I start with a belated Happy Birthday which I hope you will join me in saying. Then onto what NFT’s of farts in a jar tells us about this insane world of investment. That naturally leads onto David Bramhill and Union Jack Oil (UJO) and today’s utterly shock expose. It left me in a sort of moral quandry but I decided I had to publish. So what next?
This latest expose c/o Winnileaks is why shares in ADM Energy (ADME) should be suspended first thing Monday. Not only has the company and its hapless Nomad Carin sit on news of a major legal claim against it as I revealed yesterday but it seems to have met its second fake sheikh, a letter from whom is below. And to have used this fake sheikh to ramp the shares ahead of placings.
I start with Lyin’ Chris, a fraudster whose work at African Potash I exposed on these pages. Now thanks to the FCA being useless he is President of a $3.7 billion US listed company which will, I’m sure,end in tears. Well done the FCA. Then onto why failings in corporate governance lead to shareholders getting stiffed with reference to Edge VCT but more to today’s shocking new exposes on Sarah Willingham and Nightcap (NGHT)
On 30 June 2021, Guild Esports (GILD) published its interim financial statements for the six months ended 31 March 2021 which showed cash and cash equivalents of £15.86 million. These interim financial statements were unaudited and unreviewed by their auditors. However, they did state that they had been prepared in accordance with International Accounting Standard No 34. Hmmmm.
In today’s podcast I discuss Optibiotix (OPTI) and another battle from the ShareProphets comments boards. Then I look at Alien Metals (UFO) and Anglesy Mining (AYM), at Kanobo (KNB), Guild ESports (GILD) and at Reabold Resources (RBD). I start with a few words on last night’s video recording with the All Party Parliamentary Group on Personal Banking and Fairer Financial Services. With reference to it, if I sound conceited it is because, in my humble opinion, I have every right to be. The Alien expose to which I refer is HERE.
Maybe I have got my Franglais a bit wrong but I do my best as I explain why Jean Marc just does not get it with Braveheart (BRH) and the spiv Trevor Brown. I start with a few more words on why I hate the Greek seaside which the Mrs forces me to go to and which has put me in a foul mood as a result. It always does as I noted a few weeks ago. I then look at the ramptastic disaster that is Helium One (HE1) and then, mentioning today’s Pello expose, I go onto a detailed analysis of the position at the fraud Zoetic (ZOE) and why the shares, now down to 39.25p, are heading to between 0p and 5p.
I wrote positively, if cautionusly about Predator Oil and Gas (PRD) back in March. A few things have happened since, including the drilling of the MOU-1 well in Morocco provided a very unclear outcome. However I have now come to the view having looked a few matters, including but not limited to the RNS today advising of Director share sales last week, that the corporate governance of this company is so poor, it is completely uninvestable.
I start with swimming pool news then look at today’s shocking Vast Resources (VAST) expose HERE. Then onto Berkeley Energia (BKY) – another reason to be glad about Brexit – then onto Cineworld (CINE) and Nightcap (NGHT). I save my football take for my own website HERE.
I start with a look at Boohoo (BOO) shares which are failing on the back of reports in a paper founded on profits from the slave trade that suppliers in Leicester are using slave labour. Then I ask whether Luke Johnson or I am more sociable and what this means about folks stopping work from home. Then onto gold stocks in general: Hummingbird (HUM), Kefi (KEFI), Red Rock Resources (RRR), and Ariana (AAU). I look at Amigo (AMGO), Attis Oil (AOGL), and finally why today’s shocking Versarien (VRS) expose really could indicate a major scandal. Footnote:
Verditek (VDTK) has been forced by my expose of last week to admit today that it DID mislead investors with regards to 2019 contract wins and revenues…
Excluding ShareProphets radio 23, the most read non-Tom article this week is Hurricane Energy – More bad news by the new boy, Peter Brailey.He's on at a respectable #4 or #12 if you include Bearcasts.
All we need now is for Julie "Lingerie on expenses" Meyer to enter the bust up at Nostra Terra Oil & Gas (NTOG) and the holy row would be complete. This will be entertaining if, I suspect, utterly pointless. I also comment on Versarien (VRS) correcting a BB loon - and flag up that I have a major AIM expose of a high profile, shortable, stock going live tomorrow morning. I explain why it is so interesting. Now I am off to do a Woodlarks training walk. So far we have £6600 raised or pledged - don't be mean donate today HERE
I have covered the scandal of ShareProphets AIM-China Filthy Forty play Origo Partners (OPP) in some detail – see HERE. To cut a (very) long story short, it raised a pile of cash and seems to have lost almost the whole lot – apart from the generous remuneration and related party dealings – and the management paid itself a stack of bonuses just as the icing on the cake. New boss John Chapman has been forthright with what he found out on getting his feet under the table and now Norwegian outfit E24 has been looking into the original brains behind Origo, Mr Chris Rynning.
If you had told me last year that 48 hours after Independence Day we would still be in the European Union, I would ask you have a glass of the same thing that you were drinking.
I had far too much to drink last night. But it really was not my fault. Thus as I travel across Greece today and back to Bristol I feel a bit worse for wear. In this podcast I comment on Hollywood Bowl (BOWL) in light of yesterday's corrupt journalism bearcast. I look at Andalas (ADL) forced to make a belated statement by this website's expose on Saturday HERE. I cover Big Sofa (BST) and LB Shell (LBP) another AIM Casino dog whose sole purpose was to support the lifestyles of crony capitalists.
Apparently Robbie Burns, The Naked Trader, is giving Darren Winters style uber expensive and useless trading courses at which he terms me a drunk. Hmmmm... As a sub 5 units a week man, my PA investing is not going so badly that I have to resort to being Darren Winters in a cheap suit. The bulk of this podcast is on First Derivatives (FDP). After yesterday's bombshell expose I explain why the shares - down 25% last week - could easily more than halve again from here.
I can understand following today's bombshell and yesterday's bombshell expose and the loss of her MFSA license on Friday and the criminal charges in Malta and all those other legal actions, that devout Christian Julie Meyer may be a little bit stressed right now. Perhaps this explains this bizarre tweet about Brexit of yesterday? Empty bean bags? In an economy with record employment and the lowest unemployment since 1975? Whatever. The response from one of her critics is, however, most entertaining.
In his expose yesterday, Cynical Bear raised several questions around the probity of Larry Cummins the CEO of Black Cactus Holdings group. I am sure that Milestone (MSG) is rushing to clarify whether this key player has a bogus CV. Perhaps while it is at it it might clarify something about another of the four key players at Black Cactus, Adrian Towning.
Management is critical to any company. So how good is lyin' Chris Cleverley of the fraud African Potash (AFPO) and, until last week, Blenheim Natural Resources (BNR). Supporters say that he is a whizz kid. So let's look at all those companies where he also sites on the board. As at December 2015 he numbered five other current posts and 18 others within the prior five years. a busy chap. But what value did Chris create? This will utterly horrify you.
This post appeared on our comments section yesterady after an expose (HERE) about Golden Saint Resources (GSR). The post is written by the former brother in law of Golden Saint founder Cyril d'Silva. I have today spoken to him and there is far more to come. How on earth Roland "fatty" Cornish floated this worthless junk defies belief. But it was and still is clearly utterly worthless. Over to our new friend who writes:
In a few hours Mr Darren Winters will stand up as a main stage speaker at a marginal investor show in London. Most media organisations will not give him airtime but some are so devoid of principle that they will take his money to allow him to peddle his snake oil. I explained yesterday why so many of his claims are bogus HERE, now to how he gets folks to part with their cash.
This video is superb, In a humourous way it demonstrates why bears & short sellers provide such a valuable service to the stockmarket and it promises another major China fraud expose next week. I am almost tempted to head off to the Big Apple for the party...