Results

Tesla Motors – Is it a FANTA stock or is Elon Musk just David Lenigas on steroids?

Published 40 days ago

I was going to have my usual weekend dig at one of the many over-promoted pieces of crap on the lower reaches of AIM but thought instead I should lift up my head and look further afield and take a pop at most over-promoted stock in the global markets with a proper superhero at the helm, namely Tesla Motors (NSDQ: TSLA) and the irrepressible Elon Musk.

Crowdfunding appeal launched to take Jason Drummond & Nilesh Jagatia of Teathers infamy to court over Purple Lounge & Media Corp

Published 58 days ago

A crowdfunding appeal has been launched to take Jason Drummond & Nilesh Jagatia of Teathers (TEA) infamy to the High Court over a previous debacle Purple Lounge & AIM listed (now bust) Media Corp. It is claimed that investors were misled and also that client funds at Purple Lounge went missing. The allegations, and at this stage they are allegations, are very serious indeed.

Gametech Beer & Popcorn time: Drummond vs Skelhorn, the latter bites back with a vengeance

Published 126 days ago

The demise of Gametech PLC the next venture of Jason Drummond after the Teather's (TEA) debacle looks clear - so much for a stockmarket float care of London's worst Nomad Roland "Fatty" Cornish. We revealed the Gametech was heading for tits up town HERE last week. Now Mr Drummond's apparent arch enemy Richard Skelhorn has bitten back with an official statement relating to that article:

Jason Drummond's Gametech: Heading for administration but is it all what it seems?

Published 130 days ago

Four days before Christmas I revealed that after Teathers Financial (TEA), the next venture of Jason Drummond, Gametech, was planning a listing on NEX Markets c/o London's worst financial adviser/Nomad Mr Roland "Fatty" Cornish. Wind forward and the Court filing below suggests that it is on the brink of bankruptcy. But is all it seems?

Teathers releases Annual Results: where has all the money gone?

Published 192 days ago

Formerly AIM-listed Teathers Financial (TEA) has released numbers for the year to 31 October 2016. They are truly shocking. In its year to October 2015 the group balance sheet sported a net assets value of about £800,000 having raised just over £1 million in the year. That is pretty bad. But as at 31 October 2016 (having raised no further cash) net assets came in at about just under £70,000 with just £658 in the bank. Where did it all go?

The stockmarket comeback of Jason Drummond of Teathers infamy, thanks to Fatty Cornish - but uh oh legals looming?

Published 219 days ago

Those who lost money on Teathers Financial (TEA) must have assumed that there would be no stockmarket comeback for those involved in incidents such as THIS and THIS as well as the complete wipeout for shareholders. No self respecting adviser would inflict another such creation on public markets would they. But we reckoned without London's worst Nomad, the tax averse Mr Roland "Fatty" Cornish.

Teathers Financial - More 4 figure Largesse as the boys go on the lash big time with semi clad young ladies

Published 293 days ago

May and June 2015 was a time when Teathers Financial (TEA) was awash with cash thanks to an April placing. The only question was how quickly could the company's directors spend it? There was the shooting party and the General Election party but more was needed and on 29th May, the Friday before a bank holiday weekend folks were getting mighty thirsty.

Where did the Teathers Financial cash go ( part 2) ... Vince Cable not the only election day loser

Published 297 days ago

If you are a shareholder in Teather's Financial (TEA) you will already be fuming about our revelations about the lavish shooting party YOU paid for to keep Jason Drummond, Mrs Drummond and some City Hooray Henry's entertained. It gets worse...we could run a long series on the corporate profligacy of Teather's and may well do so, but let's start with Election Day 2015, May 7.

Expose: How Jason Drummond & Teathers blew £10,500 of shareholders cash on a "shooting day" at "Downton Abbey"

Published 297 days ago

Pretty soon we will hear the full awful details of the realisable assets at Teathers Financial (TEA) and I fear that we must brace ourselves that it will not be good. The word on the street is that the number could be as low as £100,000. So where did all the money go? This will horrify you.

Exclusive: Here is Teathers Financial Report and it looks...mixed

Published 396 days ago

Jason Drummond assured us that the Teather's Financial 2015 annual report would look better than some folks feared HERE. But having signed it off, he has now quit (HERE) and having seen it I am not so sure.

Tom Winnifrith Bearcast - I am utterly fecked off with everyone

Published 401 days ago

I am not writing much today as I am 100% fecked off with everyone especially Ben Turney, Jason Drummond and lyin' George Osborne. Instead I finished my olive pruning. I think I am going to quit writing and become a full time olive pruner. I discuss Teathers Financial (TEA), the Brexit vote, Photo-Me (PHTM), Chemring (CHG), Churchill Mining (CHL), xCite Energy (XEL) and dog spreadbetting waste of space London Capital (LCG)

Exclusive: Teathers - Jason Drummond says accounts will be far better than critics say

Published 402 days ago

Embattled Teathers Financial (TEA) boss Jason Drummond has admitted that the late filing of accounts was a mistake but, in a long conversation last night, he said that people who assume he is hiding something will have a big shock.

A new Reality TV show at the Greek Hovel: Lots of snakes & AIM CEOs having to do real work

Published 402 days ago

Today I plunged into the wildest parts of the land at the Greek Hovel. In the far corner the olive trees are immersed in frigana, long grass and bushes. If I was a snake that is where I'd live. No question. Tentatively I plunged in to prune but I looked nervously around me every step of the way. There are some areas where the plants are just so dense that I don't dare head in. I will need to call fearless George the Albanian to "assist me" with those. Or maybe I tackle them in December when the snakes are hibernating? Anyhow, as I pruned I thought of all those AIM CEOs sitting at their desks in London, earning vast salaries for shuffling paper around.


Exclusive: Kerboom Drummond Brothers & Nilesh - shocking lawyers letter reveals all - its game over for you

Published 405 days ago

Are you a pissed off shareholder in Teathers Financial (TEA), Inspirit (INSP), Octagonal (OCT) or any other company associated with Justin and Jason Drummond or Nilesh Jagatia? If so you are going to get even more pissed off as I have obtained and publish below a lawyers letter which exposes wholesale fraud and deception at their last outfit Media Corp (MDC). It is shocking.

Discredited Teathers director Nilesh Jagatia has form in failing to produce accounts on time

Published 409 days ago

It seems that Nilesh Jagatia, discredited director of Teathers Financial (TEA), has got recent form when it comes to failing to submit accounts by the statutory deadline. Mr Jagatia is finance directors of a number of Plcs, including one of my old favourites, the piece of Turkish that is Inspirit Energy (INSP). Just like Teathers, in December last year Inspirit received a First Gazette to strike the company off the register of companies for failing to provide its accounts on time. What is it that Mr Jagatia doesn’t understand about the legal requirements concerning his job?

Teathers - Nomad quits, cant get accounts out on time - Directors must be fired at GM

Published 422 days ago

Shares in Teathers Financial (TEA) were set to be booted off the AIM Casino as of Monday for failing to implement its investment policy. The crowd thought it was all over...it is now! With a spectacular hat-trick of own goals Jason "Geoff Hurst in reverse" Drummond has handed victory to his, many, critics.

BREAKING: Teathers waters down its attempt to blackmail its own shareholders, lies from Olly Fattal exposed: sack the board

Published 429 days ago

Yesterday I exclusively revealed HERE that Teathers Financial (TEA) had told rebel shareholders that if they did not withdraw an EGM request to sack the board, a mystery £1 million investor would walk. Teathers boss Oliver Fattal gave the rebs until 3 PM to pull the request. They declined. Today Teathers has changed its tune. That on its own tells you the board are worse than poltroons and should be fired. I now publish Olly's email.

EXCLUSIVE Teathers Financial – shareholder action group to requisition EGM on Wednesday to sack board

Published 439 days ago

This Wednesday shareholders in Teathers Financial (TEA) plan to requisition an EGM to seek replacement of the board, we can reveal. With the company facing imminent delisting for failing to fulfil its investment policy, shareholders are left with two options. They can either back the old board to deliver its mystery £1million investment into the private company or they can back the action group to salvage what value it can from the wreckage of the PLC.

Teathers Financial – a pitiful RNS brings this sorry tale towards a close

Published 464 days ago

Teathers Financial (TEA) has been a shocking stock for a long time now for a whole number of reasons but yesterday’s RNS appears to bring the finishing line of this debacle ever closer.

Video: Tom Winnifrith & Jason Drummond present at Gold & Bears on tech stock red flags - November 28 2015

Published 593 days ago

Jason Drummond and I first met in the dotcom boom when investors backing him made money. We reflect in this presentation on then & now and on all the warning signs we look for in tech stocks. The tech red flag list.

Video: Jason Drummond Teathers Financial at Gold & Bears - November 28 2015

Published 595 days ago

In light of subsequent events, the suspension of trading on AIM in shares of Teathers Financial (TEA) I am sure that this video of Jason Drummond will be of some interest to many.

Video: UK Investor Show Tech session with Paul Kavanagh, Lorne Daniel, Jason Drummond, John Wisbey, Marcus Hanke, Stephen Streater

Published 823 days ago

The main stage tech session at UK Investor Show 2015 was hosted by my old pal Paul Kavanagh. On the panel were Jason Drummond (Teathers Financial), Marcus Hanke (1Spatial), John Wisbey (Lombard Risk), Stephen Streater (Forbidden Technology) and Lorne Daniel, a star analyst from FinnCap. The video below captures the whole session.

Video Presentation by Jason Drummond of Teathers Financial at UK Investor Show

Published 825 days ago

And now the company presentation videos start to flood in from UK Investor Show. In the early batches we find Jason Drummond speaking on behalf of Teathers Financial (TEA). Enjoy

Teathers Financial – share issue, at big premium: buy

Published 866 days ago

The former C A Sperati, now Teathers Financial (TEA) has announced the issue of new shares “to satisfy certain existing liabilities” (£30k) and to increase its cash reserves (£100k).

Book Now for the UK’s top Investor show – 50 speakers, 110 companies – one day, April 18

Published 901 days ago

The UK Investor Show is the UK’s top investor show and takes place on April 18th in Westminster. To grab your ticket you can book now HERE. The keynote talks include:

CA Sperati - starting to pull its finger out

Published 985 days ago

C A Sperati (SPR) has announced it has entered into a conditional agreement for the sale of existing business and assets and a proposed investing policy, change of name (to Teathers Financial Plc) and grant of options to directors. A circular and notice of a 3rd December General Meeting to seek approval for the moves have been sent to shareholders.

ShareProphets tip of the week: Buy CA Sperati at a 4.25p offer

Published 1117 days ago

We spoke to the main man at CA Sperati (SPR) a couple of weeks ago and sense that after months of waiting, the summer could be action packed.  This a 156 year old company making buttons and trimmings in a factory in Greenwich London. It recently transferred from the Full list to AIM. The Button business is massively sub scale and not a high growth market – we do not care about buttons.

Adam Reynolds, the Company Rescuer, Speaker No. 28 at UK Investor Show 2015

Published 1160 days ago

Following the mammoth success of UK Investor Show 2014 we are moving into overdrive for the 2015 show on April 18 and one new feature will be a series of 14 one hour masterclasses with an audience limited to 80 – we are taking on an additional floor in Westminster.

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