Tom Winnifrith Bonus Bearcast: AIM Companies starting to surf the wave of Blockchain madness - I've seen this all before
Published 78 days ago
You may remember the strange tale of African New Energies, a private company that, as I revealed HERE, was desperate to tell you that it was going to be taken over at £3.50 a share but because it was run by such a nice guy was able to offer you a chance to buy placing shares at just 11 cents. A 44 bagger on offer in February 2017 - what could possibly have gone wrong?
Published 124 days ago
Back in February 2017 I was contacted by a private company Africa New Energies asking if I wanted to buy shares in a placing at 11 cents. Since the company is run by Stephen Larkin, a man who takes advice from loathsome Richard "Gollum" Gill I was nor rushing to sign up. But then I was told, but we are going to be taken over soon at 350p per share a bid has been tabled! Er... so is this placing not sort of insider dealing I asked?
Published 333 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.
Published 385 days ago
Management Resource Solutions (MRS) has been a stock much ramped by the usual suspects and its shares have flown until last Thursday when they were suspended pending clarification of its financial position. The next day the CEO and founder was fired. But we can reveal that the CEO Paul Morffew claims this is a stitch up and, as a 20% shareholder is prepared to fight back. This has the potential to be another major AIM scandal given that it was less than two months ago that £2.8 million was raised at 10.5p. Nomad and co broker Northland is refusing to answer calls and its position now looks untenable.
Published 573 days ago
Some readers may roll their eyes at Tom's Rebel Alliance vs the Empire meme that he has adopted the past few years. My adventure at yesterday's Master Investor show demonstrates that Tom isn't just bloviating.
Published 589 days ago
As if poor shareholders in Lenigas Cuba (CUBA) did not have enough reasons to be miserable now they must cope with news that Richard "Gollum" Gill has published a buy note on the stock.
Published 683 days ago
Why has Nomad Roland "fatty" Cornish not yet had shares in insolvent Golden Saint Resources (GSR) suspended? After all it is totally bust. Perhaps it is in the hope that its crowd funded debt death spiral organised by Richard "Gollum" Gill would be a saviour? If so I have bad news because after 88 days...
Published 720 days ago
Traditions continue at the Gold & Bears show.Every year, the Master Investor show sends a free ticket to ShareProphet's Darren Atwater, a legacy of the old days when Atwater worked at Rivington Street Holdings and managed ShareCrazy.com.
Published 729 days ago
Floated on the AIM casino 18 months ago at 10p, shares in the insolvent Golden Saint Resources (GSR) are sliding again today and are now just 0.035p to sell (loss since IPO of 99.965%) so how is its crowd funded debt death spiral doing. I am afraid that the news is not good on day 42.
Published 752 days ago
Wow big news from the live execution of Golden Saint Resources (GSR) via a crowd funded death debt spiral – the amount raised has on day 19, doubled. But before its supporters celebrate too much….
Published 756 days ago
You will remember that AIM listed Golden Saint Resources (GSR) is out of cash and trading while insolvent as it burns up to £6,000 a day but that its rescue plan was to raise £250,000 via a crowd funded debt death spiral masterminded by Northern slum refugee the talentless little shit Richard “Gollum” Gill and crowdforangels. So what is the update on day 15?
Published 760 days ago
By now it is clear after the numerous scandals at New World Oil & Gas (NEW), Gate Ventures (GATE) and so many others that we’ve forgotten, that Roland “fatty” Cornish is officially London’s worst Nomad. His latest triumph is to allow shares in Golden Saint Resources (GSR) to continue to trade even though the company is insolvent and its Richard "Gollum" Gill crowd funded debt death spiral has only raised MINUS £1938.50. To celebrate this walking disaster story we have another caption contest. Don’t hold back…there is a prize.
Published 760 days ago
You will remember that AIM POS Golden Saint Resources (GSR) is out of cash and is burning cash at up to £200,000 a month. It is insolvent. Its Nomad Roland “fatty” Cornish is too busy thinking of his next five course lunch to push the company on this and have the shares suspended pending clarification. When this goes tits up, his failure on this point will be raised with AIM Regulation. But at least there is the crowd funded debt death spiral to raise £250,000 which is now 11 days into its 90 day campaign, there to save Golden. How is it doing?
Published 762 days ago
It goes without saying that there live execution of insolvent AIM listed POS Golden Saint Resources (GSR) via a crowd funded debt death spiral is not going well. The past 24 hours has seen another £0 raised meaning that on day nine net proceeds are still MINUS £1938.50. But an eagle eyed reader has flagged up a weekend change, as CrowdforAngels tries to cover up how investors are being spoofed.
Published 763 days ago
It goes without saying that the scoreboard was not exactly rattling yesterday at the live public execution crowd funded death spiral of Golden Saint Resources (GSR). Is that because Golden Saint is an insolvent POS or because the crowd funder crowdforangels has been cursed by having the congenitally imbecilic Northern Slum refugee Richard “Gollum” Gill on board as its compliance officer? Or both. As it happens…
Published 765 days ago
It is all action at crowdforangels, the crowd funding operation which asked for trouble when it hired as its compliance officer, Northern Slum refugee and prize tool Richard “Gollum” Gill. Six days ago it set out to raise £250,000 in a crowd funded debt death spiral for AIM listed insolvent POS Golden Saint Resources (GSR). The big news from the last 24 hours is….
Published 769 days ago
Another day gone and things look even grimmer in the execution chamber as we watch the public death of AIM POS Golden Saint Resources (GSR). Still only £1100 of the £250,000 needed has been pledged which means that – after costs – three days of the crowd funded debt death spiral has realised a net MINUS £1,938.50. But I am afraid the true picture is EVEN WORSE than that. Moreover…now it is time to meet Gollum, the mastermind behind this fiasco.