Results

Who has been daft enough to send Tom Winnifrith a lawyer's letter? 92% of you guessed wrongly

Published 7 days ago

Five days ago someone who you would say had  a career death wish, if he had actually got a career, sent me a fascist lawyers letter demanding that I pull all articles on him (going back 40 months) pay him damages, never write about him again and publish a grovelling apology dictated by him. I asked you to guess who has been so daft and 92% of you got it wrong.

FastForward Innovations: Another disappointing Lorne deal – disgraceful non-disclosure

Published 14 days ago

Tom covered the key headlines on the year-end results of Jim Mellon's FastForward Innovations (FFWD) on Friday but I wanted to focus in on a couple of points, most notably the exorbitant amount Lorne Abony, CEO, gets paid considering the despicable way in which he treats his shareholders and the shocking performance, and non-disclosure, of one of the investments that he brought to the table, namely Vemo.

Paternoster - at a c50% discount to NAV surely the shares are cheap? er...no

Published 14 days ago

My attention is  drawn to the curious way that Paternoster Resources (PRS) communicates information to its long suffering shareholders and prompted to ask if the shares are as cheap as they look. Of course they are not. 

Oi! Jim Mellon - so how have Plethora shareholders done after that 12.5p all share offer you made?

Published 15 days ago

Back in November 2015, Plethora Solutions (PLE) the AIM listed developer of a treatment for premature ejaculation run by offshore based asset stripper Jim Mellon was almost on its uppers, its cash position was critical and its share price had collapsed. Refinancing would have been impossible so it was announced that Regent Pacific, Mellon's Hong Kong based vehicle which already owned 28% of Plethora having chucked good money after bad, was to launch an all share offer worth 12.5p per share. I warned that was too good to be true HERE. And so let's wind forward 20 months...

Pure Horse Shit from Jim Mellon's FastForward - the shares will continue to tank

Published 16 days ago

FastForward (FFWD) the investment company chaired by my old friend, the offshore based asset stripper Mr Jim Mellon, served up results for the year to 31 March today. Cynical Bear will give them the full workover they merit over the weekend  but I could not give my old pal Jim a completely free pass. The numbers are shite

Winner of the Bulletin Board Moron of the Week contest - sponsored by Jim Mellon's Diabetic Boot Company

Published 34 days ago

Our nominations usually come from LSE.co.uk, ADVFN.co.uk, III.co.uk, and sometimes the FT. But this is the first time that our winner comes from the world of academia. And no, the author is not Tom's sociology lecturing Mrs

New Bulletin Board Moron of the Week contest - sponsored by Jim Mellon's Diabetic Boot Company

Published 35 days ago

We're looking for exemplary examples of sheer stupidity from those founts of brilliance; LSE.co.uk, III.co.uk and ADVFN.co.uk. Perhaps if they need a guiding light they might care to look at life inside the basket case that is Jim Mellon's Diabetic Boot Company, as sponsored by most of the other AIM companies Jim runs as Cynical Bear pointed out HERE.  The deadline to post your entries in the comments section below is midnight, Sunday 18 June.

Jim Mellon's Diabetic Boot Company spoof unravelling as late accounts filed

Published 42 days ago

I’ve written a few times on the travails of The Diabetic Boot Company over time, usually after yet another Jim Mellon-related company lends or invests money in this biotech pipedream. Well, its results have finally come out, two months late, and they make interesting reading.

FastForward Innovations – What’s going on with Nuuvera? More like New Tricks!

Published 50 days ago

There’s a few short-term challenges ahead for Jim Mellon's FastForward Innovations (FFWD) but for this piece I wanted to focus on the one I find most amusing, namely its most recent investment in the marijuana space, Nuuvera Corp, which reminds me of an episode of Dennis Waterman’s finest work – New Tricks.

Billing Services - another Jim Mellon backed AIM disaster: don't go bottom fishing

Published 58 days ago

Oh dear, this has all the makings of another AIM disaster for my good friend the offshore based asset stripper Jim Mellon. But look on the bright side Jim, you have probably lost far more of your wealth with HK dog Regent Pacific, whose shares continue to tank in an alarming fashion. Anyhow, back to the home grown disaster stories. Shares in Billing Services (BILL) are down again today to 2.875p valuing this company at £8.1 million. that looks awfully generous.

Fruitcake backers Arron Banks & Jim Mellon plus AIM dog Manx Financial get Private Eye duffing up

Published 60 days ago

Arron Banks is a big UKIP backer as is his pal Jim Mellon, although the old asset stripper of Uramin infamy is not actually allowed to vote in the UK as he lives offshore in the Isle of Man. Private Eye this week looks at how the two men have not exactly prospered by backing the underperforming, sub scale, IOM-based, AIM-listed, bank Manx Financial (MFX). It also questions whether Banks is as rich as he claims. Enjoy...

Life Science Developments: It’s Life, Jim, but not as we know it - to be booted off AIM!

Published 108 days ago

I wrote six months ago about the laughable potential RTO deal between Jim Mellon-connected Life Science Developments (LIFE) and Jim’s favourite private investment, The Diabetic Boot Company. Well, surprise, surprise, the deal hasn’t happened and Life Science will be booted off AIM. It’s worth taking a closer look at what has gone on at this farce in the last 18 months.

FastForward Innovations – Got any spare change as the Moet is running low?

Published 110 days ago

When reading this morning’s RNS from FastForward Innovation (FFWD), I just had this image of Lorne Abony and Jim Mellon scrabbling around behind the back of the sofas in FastForward Towers looking for some spare change as the cash crunch (detailed HERE) becomes ever more pressing. The announcement related to a change in the lock-in arrangements relating to the sale of the SatoshiPay investment to Blue Star Capital (BLU).

Jim Mellon staring at empty seats at #washoutMasterInvestor caption contest - joint winners

Published 118 days ago

Sorry to rub this in Jim but what goes around comes around. Most of the pictures of an almost deserted Master Investor Show on Saturday appeared HERE but the one of Jim Mellon staring out at empty seats was worthy of a caption contest and it produced many superb entries as you can see HERE. There are, actually, three winners.

FastForward Innovations – All the cash has gone so when’s the placing?

Published 119 days ago

Having been put in a bad mood with the disappointing Schoold deal that I covered HERE, I thought I’d dig a bit deeper to see how much cash is left in Jim Mellon backed FastForward (FFWD) business and what I think that means for the future and why it looks overvalued to me.

FastForward Innovations – Did you lie or is Schoold just a rubbish investment?

Published 119 days ago

I’ve been on the edge of my seat for a number of days as was expecting news from Jim Mellon backed FastForward Innovations (FFWD) on its Schoold deal at any moment as the 75 day exclusivity period with a potential strategic acquirer had reached an end. The anticlimactic news arrived on Friday (as covered in Tom’s Bearcast HERE) and I merely felt deflated but today I’ve woken up angry and wonder if FastForward has actually lied to me!

Jim Mellon stares out at empty seats Caption Contest - where are the 5,000

Published 119 days ago

The asset strippers who own Master Investor tried to persuade companies exhibiting at Nigel Wray's UK Investor Show to jump ship, promising them that 5,000 attendees would cram into a hall holding less than 3,000 folks. Well here is a photo below of the asset stripper himself, Jim Mellon, staring out on rows of empty seats. In light of that I invite you to examine the photo and offer up a suitable caption. The deadline for entries to be posted in the comments section below, is midnight tonight, Sunday 26th, the day after Master Investor died. RIP.

Asset Stripper Jim Mellon - what are you hiding? Who is on your sinister list

Published 120 days ago

Once again the massively loss making Master Investor show - asset stripped by Jim Mellon five years ago - is taking place in Islington today. Once again Pizza Hardman Darren Atwater ordered a legitimate ticket but was once again stopped at the entrance before he even showed his ticket. Burly security guards said "you are on the list". Jim's list.

Tom Winnifrith Bearcast - Extreme Bad Language Special because AIM is an ffing joke

Published 138 days ago

If you object to bad language do not listen. The madness and corruption of AIM, the willingness of the crony capitalists to deceive investors to get away another placing just got to me. In today's podcast I cover Blur (BLUR) - but would commend young Steve's coverage which is superb HERE, FastForward (FFWD) - the Jim Mellon spoof - Advanced Oncotherapy (DOG), Independent Resources (IRG), Amur Minerals (AMC), Sunrise Resources (SRES) and Zenith Energy (ZEN). 

Webis Holdings - worth a gamble at the bookies

Published 141 days ago

With Cheltenham Festival around the corner, I thought I’d throw caution to the wind this weekend, cast my cynical nature to one side, and come up with a couple of cheeky punts that I think may pay off. What could be more fitting for my first than the gambling business, Webis Holdings (WEB).

Tom Winnifrith Bonus Bearcast: FastForward you are talking out of your arse

Published 143 days ago

FastForward (FFWD), in which my good friend Jim Mellon has a material interest, has announced a disposal today claiming a 112% profit on its trade. It is talking out of its arse as it pumps ahead of a much needed placing as I explain in this bonus podcast.

Tom Winnifrith Bearcast: I stand corrected, the CEO was not in the bath & killers gorge, political correctness gone mad

Published 157 days ago

After the Slater & Gordon (SGH) bearcast earlier you may have thought that I was sleeping off half a bottle of ouzo. Au contraire, I have been touring the Mani with George the Architect, the man who helped me to expose InternetQ last year. We went past Killers Gorge. Why can't you kill unsuitable boyfriends of your daughter or sister any more? As my daughter prepares to turn 16 this year I sadly conclude that this is yet another example of political correctness gone mad.  In terms of stocks I offer a couple of corrections on Tracsis (TRCS) after yesterday's bearcast then look at Xtract Resources (XTR), Ascent Resources (AST), FastForward (FFWD), the over ramped hype company with which my good friend Jim Mellon is involved, Cobham (COB), Infrastructure India (IIP) and also the fraud Cloudtag (CTAG). And I refer to a drooling Evil Knievil ref THIS ARTICLE.

Tom Winnifrith Bearcast: possibly the biggest scandal in AIM history to go nuclear this week?

Published 188 days ago

Weekend press reports (not in the UK natch as the British press is ignoring this £2 billion City scandal for reasons one can only imagine) suggest that the FBI is now investigating. Already in France there have been arrests including that of the CEO of Areva - Atomic Anne - which bought AIM & TSX listed Uramin for £2 billion and had written all of its assets off as worthless within three years. There is also a major new investigative book out on the scandal due out on Thursday. I am sure my good friend Jim Mellon will be ordering an advance copy. Elsewhere I look at Vislink (VLK), at the train wreck waiting to happen at Advanced Oncotherapy (AVO), at Fitbug (FITB) and Cloudtag (CTAG) and then finally at SalvarX (SALV) - placing ahoy on this related party express train to planet hype.

Jim Mellon's related party deal of the day - Condor Gold share Purchases

Published 191 days ago

Sorry if my good friend Jim Mellon feels if I am picking on him today but moving on from Port Erin (PEBI), the old boy (60 in a few weeks) has also been active at Condor Gold (CNR), the dog where he sits as a NED. Hang on tight folks, this related party trail is getting confusing.

Port Erin - NAV statement - just utter tommyrot from Jim Mellon & Co

Published 191 days ago

Flustered by the shock revelations about Diabetic Boot Company HERE, Jim Mellon's Port Erin (PEBI) published a December 31 NAV. Given that it published full year numbers when no-one was watching on 22 December this whiffs of panic. Unfortunately the statement begs more questions than it answers.

Jim Mellon's Diabetic Boot spoof - is there something FastForward, Port Erin & Life Science should be saying?

Published 193 days ago

Cynical Bear has twice reported back on the great Jim Mellon Diabetic Boot spoof. This is a private company originally backed by Mellon with his own cash but then backed at ever higher valuations by PLCs controlled by Mellon, i.e with other folk's cash. But something happened before Christmas - surely the listed vehicles need to fess up? The spoof is not funny anymore, it is seriously related party unfunny;.

Whacky ideas update, shorting Yen and Euro vs $

Published 200 days ago

As discussed HERE and HERE I have been very nervous in the face of the rising tide that is the market of late. Two difficult decisions face the nervous investor – the first, obviously, is what to sell and the second is what to do with the proceeds. I did make a couple of wild plays and promised to keep you posted. So here we go with another update….

Sell Jim Mellon's Port Erin Biopharma: the facts have changed

Published 205 days ago

I wrote in May of this year that the price of Port Erin Biopharma (PEBI) was trading at a large enough discount to Net Asset Value that it was worth taking a position. At the time, it was trading in the 4-4.5p range; its now at 5.625p in the middle but with a pretty wide spread. But it is time to sell because the facts have changed substantially.

Tom Winnifrith Christmas day Bearcast - the U to Z of AIM fraud

Published 210 days ago

Happy Christmas One and all. This podcast follows on from A-E HERE, F-J HERE, K-O HERE and P to T HERE. Okay I cheat a bit here but with these letters it is tough but, inter alia, I cover: the USM, Uramin - my old pal Jim Mellon's company, United Cacao (CHOC), Worthington (WRN), the three Ex's , Xcite Energy (XEL), Xtract Resources (CTR), Yolo Leisure (YOLO), Zeus Capital and the late lamented Gable (GAH)

Notes from Underground: 'Tis the Season

Published 210 days ago

As this feature falls on Christmas Day, there is nothing else to write other than Happy Holidays and a Great Winterval to All! TW Note: You are a Godless liberal and Santa will not be rewarding you with anything at all this year.

Port Erin Biopharma – the interesting case of the Diabetic Boot Company (Part 3): The Jim Mellon spoof continues

Published 212 days ago

Two classic Christmas RNS’s from Port Erin Biopharma (PEBI) this week, the second of which came out at 12 yesterday, being the disappointing final results for the year to 30 June 2016; however, it was the one on Thursday relating to a short-term loan to Jim Mellon’s favourite investment, the Diabetic Boot Company (“DBC”) that really raised my eyebrows.

Tom Winnifrith Bearcast - The great ladies man David Williams not that bombastic prick from Avanti

Published 214 days ago

Getting my excuses in early: if I make any errors it is because I cannot see properly for reasons I explain. I then look at Aortech (AOR), Eden (FRAUD), Aurum Mining (AUR) as in David Williams, Karelian Diamonds (KDR), Falanx (FLX),  in real detail FastForward (FFWD), another hugely overvalued ramp in which my good friend Jim Mellon is involved and finally Hotel Chocolat (HOTC) where I have misgivings. For photos of chocolate as art taken by me on Monday go HERE

Naughty Naughty: Jim Mellon slipping out that news of a half a million quid loss on Master Investor in Christmas Week

Published 215 days ago

Oh dear. Oh dear. I do really worry that my old friend Jim Mellon is not finding the asset stripping of certain media assets that I created that much fun. He keeps on saying that his, me-too, piss poor investor show is profitable but the numbers speak for themselves. At this rate surely he is going to get bored of blowing half a million quid a year and the Master Investor show, now with morally bankrupt PR disaster zone Steffi running the joke sales effort, must be likely to be closed down very soon indeed. The bad news was snuck out to Companies House so late it attracted a fine for poor Jim, pm 15 December when no-one was watching. Except me.

Interquest another warning and another company chat

Published 230 days ago

A latest “Trading update” announcement from recruitment group InterQuest (ITQ) saw the shares fall to to circa 30p although with Jim Mellon upping his stake they are now 35p. We have had a long chat with the company’s Chairman Gary Ashworth.

Tom Winnifrith Bearcast: Is Mosman Oil & Gas the worst run shitty little AIM oil company?

Published 236 days ago

I must rush. Woodlarks beckons and then it is Greece. But first I look at: Advanced Oncotherapy (AVO) in light of last night's bombshell HERE, TrakM8 (TRAK ) - chatting to Paul Scott - Pantheon Resources (PANR), Bushveld Minerals (BMN), FastForward (FFWD), Jim Mellon's reported comments and Mosman oil & Gas (MSMN).

The Chairman's Blog 19: Sir Benjamin Dover of Global Mining Endeavours has a working breakfast with Evil Knievil

Published 275 days ago

Following the example set by Paul Warwick the chairman of worthless penny stock Andalas (ADL) in starting a blog, Sir Ben Dover of AIM listed Global Mining Endeavours has decided to follow suit and like Paul promises to be candid in his approach. Blog number nineteen....

Hey Jim Mellon about those overdue accounts for Master Investor - has it gone tits up yet?

Published 279 days ago

You know that I always like to keep close tabs on how my good pal Jim Mellon is doing with those businesses he asset stripped from Rivington Street, the firm I set up. History might have been different had RSH accepted large cash offers for them but Jim wanted them for himself. So lets go to what was t1ps.com the owner of a range of websites and the increasingly badly attended and irrelevant Master Investor Show. Its accounts for calendar 2014 were approved on April 24 2015. Its calendar 2015 accounts were due by September 30th but....

Life Science Developments – the interesting case of The Diabetic Boot Company (Part 2): The Jim Mellon spoof

Published 290 days ago

I almost spat out my cornflakes with laughter at the ridiculous announcement from Life Science Developments (LIFE) this morning as it entered suspension pending an RTO with The Diabetic Boot Company (“DBC”). Please allow me to explain.

The Chairman's Blog 13: Sir Benjamin Dover of Global Mining Endeavours takes advice from Jim at The Tax Dodger's Return

Published 312 days ago

Following the example set by Paul Warwick the chairman of worthless penny stock Andalas (ADL) in starting a blog, Sir Benjamin Dover of AIM listed Global Mining Endeavours has decided to follow suit and like Paul promises to be Candid in his approach. Blog number thirteen...

Tom Winnifrith Bearcast: Happy Birthday Lucian Miers - Negative Feedback for Feedback

Published 314 days ago

Happy birthday Lucian, it looks as if my son is hanging on to avoid joint parties in the future. Theresa May has a new idea on tackling fraud. Suffice to say what she proposes will damage industry and Britain PLC. I have another suggestion - enforce existing rules. Mrs May fails to understand the psyche of most fraudsters but also how useless the fraud busting agencies of the state are. I then move onto bad news for my good friend Jim Mellon at his latest AIM Disaster, Billing Services (BILL), then I cover XCite Energy (XEL) and read throughs at IGAS and Iofina (IOF). 88 Energy (88E), China fraud Zibao (ZBO) and the smelly business at Feedback (FDBK)

Tom Winnifrith Bearcast - will the Pizza Hard Man Darren Atwater be deported to Canada after test fail?

Published 335 days ago

The pizza hardman took a test to see if he can stay in the UK and avoid deportation to the socialist hell hole that is Canada. I give you one of the questions whuch had me stumped since in part it depends on whether you live in the hard working South or the Northern welfare safaris. Then I answer a question on forward selling and another listener question on whether Sirius Minerals (SXX) is cheap. Then it is onto Harvest Minerals, (HMI), Iofina (IOF), Alba (ALBA) and the Jim Mellon joke that is SalvaRx (SALV) which I have covered in full HERE. Finally I am working on exposing an AIM listed company which has been engaging in industrial scale bribery. I hope to run the story tomorrow. Can you guess the company? Suggestions in the comments section below. Ho Ho Ho.

Tom Winnifrith Bearcast: plagued by Mark Carney, the man delivering the Omen, Doc Holiday and other scouse riff raff

Published 347 days ago

This is my fifth attempt to record a bearcast. I am plagued by idle thieving scousers and that included Doc Holiday today and by a delivery man - is that the Omen Box set or something the Mrs has ordered? I discuss the poisonous legacy of debt Mark Carney leaves everywhere then Nyota (NYO), Trafalgar New Homes (TRAF), Billing Services (BILL) - tough luck my old pal Jim Mellon another debacle - Strat Aero (AER) and XCite Energy (XEL) and than a useless factoid on "The Omen." 

Fast Forward: strategic update = shameless pre placing ramp

Published 374 days ago

How on earth did hapless Nomad Peel Hunt sign off on what Jim Mellon's FastForward Innovations (FFWD) terms a "strategic update" but is in fact nothing more than a shameless pre placing ramp.?  My comments are in bold. FastForward's are not.

Malcolm Stacey on Holiday Day 7 caption Contest & day 6 winner

Published 382 days ago

There were a massive 28 entries for yesterday's Getafix caption contest! I cannot think what aroused such interest but perhaps you might get an idea HERE. Anyway there is a joint winner and today Malcolm has sent us yet another selfie from his hols...do your worst in the comments section below with a suitable caption. Now to yesterday's caption for the photo of Malcolm with the stunning partially clad young lady.

Tom Winnifrith Bearcast 29 June: Dedicated to a miracle baby 15 today

Published 389 days ago

Fifteen years ago today my daughter was born weighing just 1lb 4 oz. Jim Mellon still has the photos on the old t1ps server but for some reason his organisation refused to send them back despite repeated requests. Miserable bastrads the lot of them. Anyhow this bearcast is dedicated to that miracle baby, my daughter. On the agenda, the numerous AIM suspensions today, including the FRAUD Environmental Recycling (ENRT) which is now on a double suspension, plus Fitbug (FITB) and a detailed look at CloudTag (CTAG) and the strange nutjobs ramping the shares which are a storming sell.

Notes from Underground: Yes we Khan

Published 427 days ago

Last week I promised you a love letter to new London mayor Sadiq Khan. Actually, I don't have much to say about him other than if he drives Tom so mad, he must have some redeeming qualities. TW Note, I said I was glad Khan won, check your facts beardie,

Buy Jim Mellon's Port Erin?

Published 429 days ago

Tom Winnifrith recently suggested that Port Erin Biopharma (PEBI) has gone limp because of pessimism about Plethora's premature ejaculation treatment. Cynical Bear says be suspicious of sub-scale investment companies on AIM, full of related party transactions and corporate overheads. So… obviously the moronic thing to do is pile in, right? But still, I am long Port Erin, at least when the price is right (sub 4p). Here’s why.

Tom Winnifrith Bearcast: 3 China frauds, Golden Saint scam and Jim Mellon's Port Erin

Published 431 days ago

I start with more news on frigana cutting. I am a sweaty wreck after a day of mega slashing as I "take it out" on various folks in the City. Then I cover Asian Citrus (ACHL), Jiasen (JSI) and Taihua (TAIH) before I move onto Johnny Hon and R4E (R4E) then the scams and scum at Golden Saint Resources (GSR) - why won't PR fecking genius Steffi tell us about her shares? Then it is onto doomed Outsourcery (OUT) and then, as we expect more news tonight on Uramin, I ask a few questions about Port Erin (PEBI) another vehicle of my friend Jim Mellon. Oh and there is bad news for a company trying hard to bring jobs and wealth to the grim Northern welfare safaris, DX Group (DX). Moral of the story, let them rot, stick to doing business in the hard working South.

FastForward – the interesting case of The Diabetic Foot Company

Published 441 days ago

Having been critical of the Lorne Abony show and FastForward innovation’s (FFWD) recent investments in Vemo and Schoold in my last piece HERE, I thought I’d take a closer look at one of the earlier investments, The Diabetic Foot Company (“DBC”), as, funnily enough, related parties raise their ugly head again there too.

FastForward Innovations – 3 reasons why I can’t invest in the Lorne Abony show

Published 455 days ago

Following on from a few bearish pieces from Tom on FastForward Innovations (FFWD) that you can see HERE, I have my own views on why what was the “Jim Mellon show” but is fast becoming the “Lorne Abony show” is a no-go investment for me.

PHOTO: Jim Mellon's bully boy security guards march Pizza Hardman Darren Atwater out of minor trade show marked by empty seats

Published 456 days ago

Pizza Hardman Darren Atwater responded to a piece of spam email and ordered a ticket legitimately to attend Jim Mellon's minor trade show in islington today. The show claimed that 10,000 tickets had been booked although capacity in the rooms booked is sub 3,000. Whatever. Atwater attended this morning and saw plenty of empty space. He estimates that, including suits manning stands, there were perhaps 2,000 in the hall. Again, whatever.

Jim Mellon & the EU: Piss off but we'll have your cash

Published 458 days ago

My old pal Jim Mellon is an ardent Europsceptic who campaigns for Brexit although, as a resident of the Isle of Man, he cannot actually vote himself in the great referendum. But all power to his elbow and I am sure that his offshore donations will be put to good use. But there is surely some irony in today's announcement from SalvaRx (SALV) where Jim is the largest shareholder and chairman.

FastForward - offshore acquisition - what is it hiding?

Published 468 days ago

Offshore based Jim Mellon's uber-ramped FastForward Innovations (FFWD) has today announced that it is spunking $3.5 million on buying 29.5% of Frails LLC, the owner of Leap Gaming, it will soon go to 41.5% at a total cost of $3.5 million so valuing this strange enterprise at $8.4 million.

FastForward - has Jim Mellon taken lessons from Lenigas on RNS blizzard rampfests

Published 471 days ago

Since March 3 in 25 working days, my old pal Jim Mellon's AIM casino listed FastForward Innovations (FFWD) has released 9 ramptastic good news RNS statements - one every three days. Since 31 March it has released 6 statements - that is to say almost one a day. It is almost as if Jim has been taking lessons from the master, Mr David Lenigas, on the art of the blizzard of ramptastic releases. Yet another placing with your tea vicar? It is also the nature of the releases that concerns me.

Tom Winnifrith Bearcast 4 April: Paul, can I say that Condor & Powerhouse are talking cock?

Published 475 days ago

I a not sure what I am allowed to say these days since Paul Scott issued his language diktat. But I start by saying thanks to those who have emailed or tweeted me about my personal news today but then explain why I am spending a day cooped up in London with the charming Halimah. Then it is onto Condor Gold (CNR) and Powerhouse (PHE) which are talking cock. Then I remember my question of AIM's disappearing oil stocks in light of news today from Caza (CAZA). I concur with Steve Moore regarding Sepura (SEPU) and ask a few questions about Port Erin (PEBI) the vehicle of my old pal Jim Mellon, shares in which appear to be collapsing. There is also more comment on Strat Aero (AERO) and Stratmin (STGR). 

Tom Winnifrith Good Friday BearCast: An Easter Message and the Morality (lack of) of AIM

Published 485 days ago

I do mention names here starting with the criminal Chris Oil - a robber peasant - down to those who are playing the system legally as corporate barons. Folks like David Lenigas and Jim Mellon (with referece to 3 Legs) are not breaking the law in the way they make a killing on shares but it is immoral and it stinks of a market rigged against you and I where the few must prosper while many cannot. With referece to the Easter message how should one react?

3 Legs Resources - The Mickey Mouse Companies House Filings Part 2.

Published 507 days ago

This is quite simple. Either Oxi - the company reversing into 3Legs (3LEG) has filed monstrous lies at Companies House or Jim Mellon's 3 Legs has told monstrous lies to AIM. It is one or the other there is no third way and as such 3Legs needs to re-issue its RTO document to explain who was lying and why? In part 1 of this series I demonstrated unacceptable greed and Companies House filings that DO NOT ADD UP. Now here is the killer.

3 Legs Resources - Greed and Statements that do not add up - disgrace

Published 507 days ago

3 Legs Resources (3LEG) would have gone bust without my good pal Jim Mellon going in last June, investing £500,000 for a 29.9% stake and organising a Reverse takeover announced today. So he is a hero. The only problem is that this whole RTO stinks, companies house filings are all over the shop, nothing adds up and the stench of greed is palpable.

Tom Winnifrith Bearcast 4 Feb - Accept it: facts change and what to make of Plethora

Published 535 days ago

Warning: perhaps it is best not to play this podcast in front of the kids. On the agenda today I remember when Evil Knievil was a 3Dimmer - good investors accept that facts change, I note this in reference to MX Oil (MXO). I also discuss the folly of leaping to conclusions with reference to Falanx (FLX) and cover DQ Entertainment (DQE) and why Nomads are so skittish these days. Then it is on to Imaginatik (IMTK) and my old sparring partner the fraudster Rob Terry before I end up with a discussion of spraying ones todger and what to make of the situation at Plethora (PLE), the baby of my old friend Jim Mellon

Tom Winnifrith Bearcast 28 January: Im still in Bristol & The Mrs is in the doghouse

Published 542 days ago

The Mrs got a little confused and as a result she is in the doghouse and I am still in Bristol. I hope to arrive in Warwickshire to see my father this evening. Back on the markets Mellon-madness has broken out. I examine the joke that is the Condor Gold (CNR) ramp and also FastForward (FFWD). My pal Jim Mellon is clever..but not that clever. It is then onto worthless POS Arian Silver (AGQ), Asian Citrus (ACHL), Ten Alps (TAL) and the wider issue of earnings visibility discussed here. My Avanti Communications (AVN) reference is HERE and that is it for today.

Life Science Developments we say bank gains (63% for us) and sell

Published 560 days ago

We recommended shares in Life Science Developments (LIFE) in October at 2.15p and up to 2.25p, with a 3p target to sell by Christmas. It took a tiny bit longer for them to reach the target but still...

Grab profit on Webis before its shares crash

Published 563 days ago

Webis (WEB) has seen a huge rise in its share price since the end of 2015 and if I was holding I’d be unloading as fast as I could at the current price!

Zak Mir's Great Request Show: Central Rand Gold, Port Erin Biopharma, Sula Iron & Gold

Published 568 days ago

If you want me to analyse a stock for you just drop me a line at [email protected] - Today I look at shares in Central Rand Gold (CRND), Port Erin (PEBI) and Sula Iron & Gold (SULA), setting share price targets for all three stocks.

Tom Winnifrith's share tips of the year Number 4 - Sell Fast Forward Innovations at 17p

Published 570 days ago

A reader posted on our comments section: "Ive also just bought into FFWD. Tom why can't you tip this for 2016 instead of repeat tips on OPTI and NIPT?" Hmmm well I am sure that Optiobiotix shares will race ahead ( 100p + within weeks after the next deal is announced) and that Premaitha will announce new contracts and that it is passed the inflexion point of cash breakeven soon and that its shares will head to 30p+. That is why I tip them as buys. You want me to tip shares that will go up ,right? But your wish is my command and so I will also tip FastForward Innovations. But as a sell at 17p.

Video: Jim Mellon Presentation at Gold & Bears

Published 577 days ago

And now from Gold & Bears we have the main stage presentation by my old friend Jim Mellon

15 More tickets for Gold & Bears on Offer for Saturday as new SuperBear stocks to zero session takes shape

Published 605 days ago

We have now had a few last minute return tickets become available for Gold & Bears on Saturday and you can get your hands on them today. We will email them out tonight. And with speakers from across the world lined up Saturday looks set to be explosive. The SuperBears 7 big name stocks to go to zero session with myself, Lucian Miers, Graham Neary and the Dark Destroyer Matt Earl is set to really get the lawyers excited!

6 days to Gold & Bears – just 4 seats left – BOOK NOW

Published 609 days ago

As of today there are four seats left unbooked for the 2015 Gold & Bears Show on November 28 in London. . So book a free seat now for a fireworks event with Jim Mellon, Gabriele Grego (Globo’s nemesis), John Hempton, Sam Antar, Evil Knievil, Lucian Miers, Amanda, Dominic Frisby, 50 CEOs etc., etc. To get a free ticket for one of the last seats

I’m following the Jim Mellon crew and taking a small Bitcoin punt on Coinsilium

Published 614 days ago

I do not understand Bitcoin, blockchain technology and the like. I leave that to smarter folks like Dominic Frisby who will be presenting on it at Gold & Bears and my good friend Jim Mellon who will – I’m sure – mention it in his G&B talk. This could all be the next phooey hype but it could be big so I’m getting a small exposure via Coinsilium – a two year old blockchain investor listing on ISDX later this month. I’m backing Jim’s judgement on this one.

Buy Plethora on the basis of Regency Pacific strength

Published 620 days ago

Plethora (PLE) was a company that I was only vaguely aware of up until last week when a potential takeover bid was made for it. Up until then this AIM-listed pharmaceutical company, whose main product is a premature ejaculation treatment, had been trading at between 3p and 4 p, but then an offer landed from Hong Kong investment vehicle, Regent Pacific (also listed in Frankfurt but volume there is almost non-existent), that valued Plethora at 12.5p per share.

Vela - good news thanks to Jim Mellon

Published 624 days ago

Vela Technologies (VELA) has noted an announcement from 3.8% owned investee company 3Legs Resources of the latter’s suspension of trading on AIM pending a reverse acquisition (and thus implementation of its investing policy)

Jim Mellon’s Regent Pacific buys Plethora at 12.5p a share but…

Published 627 days ago

This is a bolt from the blue. Regent Pacific a HK and Frankfurt listed investment company run by my good friend Jim Mellon has today announced an all paper offer for AIM listed Plethora (PLE) at 12.5p a share. But hang on, the devil is in the detail.

BREAKING: Gabriel Grego the Globo Destroyer – new speaker at Gold & Bears – get 1 of 25 free tickets today

Published 635 days ago

Breaking news: We have a new speaker at Gold & Bears, Gabriel Grego the author of the report that exposed the Globo fraud is flying in from New York as a new headliner. This guy is good.

Free Drinks at Jim Mellon’s pub on Wednesday as Zak Mir and Strat Aero hold court

Published 658 days ago

My good friend Jim Mellon owns a pub in Notting Hill, West London, The Commander, and if you want free booze c/o Jim roll up roll up on Wednesday at 6.30 PM.  Now here’s the catch.

Jim Mellon, 7 share tips, Rob Terry jail update and much more – UK Investor Show Magazine Sept now out

Published 660 days ago

Issue 4 of the UK Investor Show Magazine is now out and can be accessed below. Jim Mellon, Rob Terry (prison update), the stockmarket crash (a buying opportunity?), Advanced Oncotherapy, 6 other share tips, accounting for Geeks from myself and Chris Bailey. There is something for everyone.

Notes from Underground - When the moon hits your Eye like a big .... ....

Published 679 days ago

The spiciest story this week, as spicy as a calabrese pizza with diabola sauce, is Ben Turney's response to Brokerman Dan's allegations that Ben has been a very naughty boy. Compare that to the cheesiest, as cheesy as a Quattro Formaggi with extra gorganzola, is Chris Oil's demand for an EGM at Sefton Resources.

Carry on up the Sefton – the latest instalment – Raylene hits out, Allenby to walk

Published 682 days ago

Oooooh you are awful said market abuser Chris Oil, played by Kenneth Williams, this morning as Sefton Resources (SER) slammed into him and bank robber Dan Levi, played by Sid James.  Barbara Windsor, Raylene Whitford, put on her undersized swimsuit and giggled as she waded teasingly off towards a swimming pool to plan how to spend her redundancy money.  Welcome to another episode of Carry On Up the Sefton. 

Exclusive: Jim Mellon sells out of Sefton – what say you now market abuser Chris Oil?

Published 683 days ago

For many months those connected to market abuser Chris Oil have been boasting that they have Jim Mellon onside as they try to save the company. Oh no….

Tern finally clears up the warrant mystery – and says sorry

Published 684 days ago

Following a series of questions HERE, HERE and HERE AIM-listed Tern plc (TERN) has finally clarified how it managed to allow the holder of warrants exercisable at 4.6p to exercise them at 0.02p instead. I’ve lost count of the clarifications and restatements Tern has issued so far this year, but at least we can start to draw a line under this latest one – although yesterday’s RNS would suggest that Tern’s FY13 and FY14 accounts and results RNSs, and the RNS of 31 July 2013 (which announced the issue of the warrant instrument) were all just plain wrong.

Who were the “trusted people in London” who knew about Daniel Levi’s criminal record?

Published 727 days ago

It is well known that ShareProphets has a long-standing business relationship with ADVFN (AFN). Not withstanding this, the Daniel Levi affair has raised a number of questions regarding his relationship with ADVFN, which do require answering. The easy thing for us to do would be to ignore these questions, but it is our responsibility to report on this story thoroughly and comprehensively.

Tom Winnifrith BearCast 9th June: Biotech vs Mining Juniors

Published 775 days ago

In this podcast I ponder the similarities between the two sectors, a few thoughts on following experts like Jim Mellon (biotech) or Malcolm Burne (gold) and wonder what the renaissance of both sectors says about the wider market.

Tom Winnifrith Bearcast - 3rd June: sweaty wreck edition

Published 781 days ago

A morning pouring poison on the frigana at the Greek Hovel leaves me a sweaty wreck. I have one more load to dump then some olive pruning and I'll call it quits. I'll do more in August. So for light relief in this podcast I explain exactly how an AIM listed China fraud works with reference to today's trading statement from Jiasen. Then it is onto serial business failure Piers Linney and his Outsourcery POS, Arria NLG and Kuala Ltd (well done Jim Mellon) then back to Ferrum Crescent.

Witnessing the great bank run first hand as I deposit money in Greece

Published 784 days ago

Jim Mellon says that the Greeks should build a statue in my honour as on Friday I opened a bank account in Greece and made a deposit. Okay it was only 10 Euro, I need to put in another 3,990 Euro to get my residency papers so I can buy a car, a bike and a gun, but it was a start. But the scenes at the National Bank in Kalamata were of chaos, you could smell the panic and they were being replicated at banks across Greece.

Bulletin Board and General Election Moron of the Week - Round 18

Published 812 days ago

By popular demand it is back but for the next two weeks we add a General Election twist. As ever the rules are simple. Filthylucre and Bananabob cannot post their own comments on this website as entries as they are just too good. But any other comment on a Bulletin Board or twitter is eligible.  But we also allow you to post any comment made by a politician during the Election campaign which is self-evidently ludicrous and unjustifiable. The most ludicrous or idiotic statement wins. We knew Vince Cable would come in handy one day. Although that mad Aussie who leads the Greens gives crazy old Vince a good run for his money.

Tom Winnifrith Bearcast 29 April - Pre LSE AGM Issue

Published 816 days ago

I am off shortly to the London Stock Exchange AGM and events today show why AIM is such a joke of a casino. I refer to statements by Mosman, the er..lies of New World Oil & Gas and the total farce over Horse Hill. I give you full details of the next Dave Lenigas IPO and where to apply, not that I shall be doing so I stress. I cover the latest disaster to hit my good friend JimMellon, this time it is at Webis. and what the Benchmark and Hardide profits warnings tell us about wider equity valuations.

More News on Death Star Implosion & free Copy of book by Sith Lord Zak Mir to celebrate

Published 817 days ago

With all stormtroopers bar one now working out their notice – or having already jumped on board an escape capsule – from the imploding Death Star, that is Jim Mellon’s asset stripped media business, the question is what happens next?

Webis – worth a wager?

Published 818 days ago

Ever heard of Webis (WEB)? This interesting creature showed USD $276 million of turnover in 2014, a small profit of $500k, and had net current asset value of $3.8 million. How should such a company be valued? The current offer at 1p (beware the spread) values it at around $6 million. Strip away the net current assets and you seem to be buying a mammoth pile of revenues for an exceptionally small price at this level! However, all is not quite as it seems. 

Video from UK Investor: The Sheriff of AIM on death threats, Rivington, Quindell, fraud and more

Published 820 days ago

This was the session at UK Investor Show I enjoyed the most: Tom Winnifrith as the Sheriff of AIM interviewed by Amanda van Dyke, Nigel Somerville and Malcolm Stacey. Very straight talking on mistakes, on Rivington, on Jim Mellon, on the death threats, on fraud on Quindell and on much more.

Just why did Minesite airbrush legendary Journalist John Helmer from history

Published 839 days ago

John Helmer is a legend among journalists. Resident in Moscow since 1989 he has been threatened numerous times for breaking stories of corruption in the financial markets and elsewhere in Russia and also in China and Asia. He is a brave man and a hero in our profession and he used to contribute to Minesite filing some stunning articles on the mining world. That was until February 2011.

Tom Winnifrith Bearcast - are biotech valuations bonkers

Published 841 days ago

Self important fund manager Neil Woodford flagged up concerns about biotech valuations the other day. Discussing inter alia Plethora (PLE) another bit of a disappointment for my good friend Jim Mellon I look at how investors do and should value such stocks and tend to agree with Woodford that right now risk reward are out of kilter.

Bank Holiday Viewing - anyone speak French edition?

Published 841 days ago

Friends of ours overseas have pointed us in the direction of this jolly interesting French TV programme featuring our old friend Jim Mellon. We gather that a follow up programme is on the way and that this story is, shall we say, developing fast. We have calls out in three continents and are on the case. Apologies if you do not speak French but perhaps if we have a reader who speaks fluent froggy and is bored this weekend and who would like to serve up a transcript...

 

Tom Winnifrith Bearcast - April 1

Published 844 days ago

I start with Aiden Earley and Worthington - Gotcha! It was NOT an April Fool, he really is speaking on "faith & money" at UK Investor Show on April 18. Then on to Quindell, Daniel Stewart, the criminal Rob Terry, Coms, Hunter Resources (sorry bad language in that section but the tools deserve it), Real Good Food, China Chaintek and the other Fujian frauds, Afren, The Innovation Group and then West African Minerals, Mwana, my good friend Jim Mellon and the issue of shareholder democracy.

Volex is avin a bubble with grossly misleading RNS – it’s all about (lack of) cash generation

Published 849 days ago

I have noted before on a number of occasions that Volex is obsessed with spin and share price promotion but that its market cap (£59 million at 65p) is just a total Rum and coke. A grotesquely misleading RNS today only highlights the big problem with this enterprise: (lack of) cash generation.

Tom Winnifrith Bearcast 10 March

Published 866 days ago

Hi this is NOT Lloyd Grossman in this podcast. I discuss the court battle ahead plus also Igas, Tern, Bango - as in Bingo Bongo Bango - Mopowered, Superglass, Webis - and my old pal Jim Mellon, Golden Saint and the dog Beowulf

Condor poised for permitting

Published 869 days ago

Mark Child, chief executive officer of Central America-focused Condor Gold (CNR), is preparing the ground to seek key environmental, infrastructure and water permits to enable the company’s La India epithermal project in mining-friendly Nicaragua to start producing in two and a half years from a total potential resource of 2.3 million oz. with a robust average grade of four grammes of gold per tonne of ore. He suggests this process could take two months while AIM-quoted Condor moves to buy surface rights at La India across 700,000 hectares for $700,000 and strives to make the project attractive to potential joint venture partners or bidders ahead of production.

Tom Winnifrith Bearcast - Athens Airport special

Published 873 days ago

A brief bearcast from Athens Airport. First up Europcar are bastards. Do not use them ever. I shall explain why later. In this podcast I also discuss Coms, Filtronic, Webis (tough luck Jim Mellon), what an inventory build up means, talking to the FCA/UKLA about Worthington and by the way did I mention that Europcar are total bastards and you should never ever use them anywhere in the world?

Brokerman Daniel joins the board of Sefton Resources – I am not kidding

Published 904 days ago

Dan tipped me off on this and it has just been announced. Mr Levi is to join the board of Sefton Resources (SER) the company that sued him and me for libel (and lost). Dan is to identify new opportunities to take the company forward. And it gets weirder still.

Bearcast Special: Sirius, Webis and the utter disgrace that is Director's Talk

Published 916 days ago

Robert Tyerman vs Lucian Miers: the Sirius debate. I explain on whose side I am on. In this podcast I also cover Webis which I forgot to mention earlier. Notwithstanding the fact that my old friend Jim Mellon is a major shareholder I have a few words to say. The meat of this podcast is the disgrace that is Directors talk. This website should be exposed and boycotted and I explain why. The Ben Turney piece i refer to in this section is HERE

Playing the Fat Game on the Stockmarket

Published 1046 days ago

I am feeling rather virtuous today. Just a Greek salad and a coke to eat and I have already done one hour’s manual labour in the fields. I am just off for another stint now. I am pretty sure that my Body Mass Index is back in the “normal” range and as someone with diabetes – thanks to eating and drinking too much – that is good news. I’m heading the right way. But the rest of the world is not.

InterQuest – Cracking Interims, has to be a corporate play

Published 1046 days ago

Specialist IT recruitment group InterQuest (ITQ) has announced results for the first half of the 2014 calendar year, noting “strong performance in both our contract and permanent recruitment business” and that “we are confident of further success in the second half of the year and beyond”.  This all looks good. What next?

Placement Watch: Plethora Solutions, what a shock!!!! But perhaps it's worth following Jim Mellon?

Published 1058 days ago

When I last wrote about Plethora Solutions (PLE) my piece drew one of the most vitriolic responses I've had; abusive emails, insults on Twitter and God knows what was said on the bulletin boards. Admittedly no one sent me shit in the mail or threatened to kill me, so I'm not yet living in Tom's world. But mind you I've not yet called all and sundry morons. All I did was dare to suggest Plethora would be down to six months worth of cash by the end of June, so a discounted placement was bound to follow. So, without wishing to sound too smug, I'd now like to say this to my Plethora fan club; Ha, I told you so!!!!

Summit Corporation – Follow Jim Mellon and buy at 115p

Published 1081 days ago

In August’s edition of an obscure online publication, Jim Mellon tipped Summit PLC (SUMM) to do great things. Mr Mellon’s track record and judgement in picking winners on AIM is second to none. Summit is a company Ben used to follow quite closely. The science it is developing is truly marvellous, even if its path has been a horribly bumpy ride lower for long term shareholders. No one is going to pretend that this has been a good stock hold over a long period of time, but that is in the past. Now priced at 115p (last seen) this could be a good opportunity to buy into a business, which has previously offered so much incredible potential.

Exploration progress for Jim Mellon's West African Minerals

Published 1089 days ago

Many iron ore bosses are wringing their hands at its price halving in three and a half years. But Anton Mauve, managing director of Jim Mellon's Isle of Man-based West African Minerals Corporation (WAFM) is not one of them, even though these woes have sent the AIM-quoted iron ore explorer’s shares down from 32.75p to 5.88p over the past year, for a stock market value of £22.1 million. Following encouraging exploration results at West African’s properties in Cameroon and Sierra Leone, Mauve, a former head of Lonmin Platinum, declares ‘the gloom makes us happy’. But why?

What don’t Bulletin Board Morons Get about free speech – 80 year old with heart condition threatened

Published 1103 days ago

Most folks who post on Bulletin Boards are decent sensible folk but the minority (the morons) are quite deranged as a case this week involving our own Chris Oil demonstrates rather too visibly. It is truly shocking.

Nicaraguan prospects cheer Condor Gold

Published 1122 days ago

Mark Child, the former corporate financier who steers Central America-focused AIM company Condor Gold (CNR), draws encouragement from latest trenching results at the company’s La India mine re-launch project in the east of Nicaragua. He and his fellow directors now await the completion of a pre-feasibility study, expected in September. Condor, where Child and the Hong Kong-based Regent Pacific mining group hold around 10 per cent each, says a preliminary economic assessment last year suggested La India, an epithermal gold deposit from which US miner Noranda produced up to 40,000 oz. a year until 1956, still held 2.33 million oz. This is with an average 3.8grams of gold per tonne of ore, of which the firmer ‘indicated’ category was 1.1 million oz. with 3grams a tonne. Child argues the trenching has confirmed previous work done by the Americans and high-grade artisanal miners’ workings.

Port Erin – Chat with Jim Mellon

Published 1156 days ago

We recommended shares in Jim Mellon’s AIM listed Port Erin Biopharma (PEBI) at a 12p offer price on April 7 –and one of our writers (Tom Winnifrith) has had an amicable exchange of emails with Mellon this week.

5 Gold Stars for Jim Mellon at West African Minerals: Aim Good Guy of the Day

Published 1159 days ago

On Sunday Shareprophets rightly criticised West African Minerals (WAFM) for repricing options for its directors. I chatted to Jim Mellon at the weekend and he rather weakly said it was to incentivise the board.

West African Minerals options repricing is not acceptable

Published 1163 days ago

AIM listed West African Minerals (WAFM) is one of the public listings from Jim Mellon which has to date done very well for its shareholders, however an announcement snuck out late on Friday is not Jim's finest moment.

Port Erin Biopharma Investments – Jim Mellon delivers the goods but…
 *

Published 1555 days ago



I was one of the founding directors of AIM listed Port Erin Biopharma (PEBI) but it was always the baby of Jim Mellon and I was happy to step down last Spring.

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