Tom Winnifrith Bonus Bearcast: AIM Companies starting to surf the wave of Blockchain madness - I've seen this all before
Published 13 days ago
On 25 October the fraud African Potash (AFPO), now listed on the NEX lobster pot having been slung off AIM, managed to raise £60,000 gross (call it £45,00 net) at just 0.06p to keep the lights on. It is still drowning in liabilities and clearly insolvent. Hey ho, wind forward 12 days to today....
Published 119 days ago
This has massive implications for the AIM Casino. We saw last week that the London Stock Exchange was washing its hands of tackling Nomads who sign off on frauds and so allow investors to lose all their cash to shysters. Now the private sector moves in. I can reveal today that Cantor Fitzgerald will be sued by investors who lost money on the African Potash (AFPO) fraud because it was negligent in signing off on fraudulent releases. If this case wins the floodgates are open...
Published 127 days ago
To be thrown off one market because your adviser tired of signing off on lies is understandable, if you are a fucktard in AIM Regulation who does not care about fraud. But, to paraphrase my fellow Anglo Irishman Mr Wilde, to be thrown off two markets for that reason looks like carelessness. And that brings us to the fraud African Potash (AFPO).
Published 130 days ago
Don't these fools ever learn? For chancers and crooks like Darren Winters, the shysters at Globo, Blinkx, Quindell and Daniel Stewart and for lyin Chris Cleverley and Lord Hain of sleaze and for so many others, sending me a fascist lawyers letter never works out well. That is not for them at least. But it seems there is one born every day. A new letter is in demanding that three years of articles be removed, that damages and costs be paid and that I put my name to a grovelling apology dictated by this poltroon. Who do you think is daft enough to have sent it? Vote now in our latest poll with a deadline of midnight tonight.
Published 137 days ago
Of course Cantor Fitzgerald is so large that it could afford to compensate all of the 70 or more investors working with Peter Petyt and this website to try to recover losses from the African Potash (AFPO) fraud. But the publicity of a case would be hugely embarrassing so sordid would be the revelations. Anyhow just 10 days more sweating for Cantor...there is an update from Petyt.
Published 156 days ago
"Lyin' Chris Cleverley, fascist lawyers Memery Crystal,, NED Declan O'Brien,clueless accountants RSM Tenon, SA sleazebag MP Mark Simmonds, Phil Edmonds, Andrew Groves, we have beaten them all, we have beaten them all!. Lord Hain of sleaze, can you hear me? Lord Hain of sleaze ... your boys took a hell of a beating! Your boys took a hell of a beating!" Yes I think we can now declare victory in the war against African Potash. It never ends well for frauds especially those who hire fascist lawyers to send wanker letters to The Sheriff of AIM.
Published 208 days ago
As I flagged up over the weekend, in a desperate attempt to keep the fraud from becoming insolvent, African Potash (AFPO) has proposed a RTO of a company called Onshore Energy Limited, OEL. Lyin' Chris Cleverley Potash's boss is also a director and shareholder on OEL. But it gets worse. Much worse.
Published 209 days ago
Before I call it a day I want to see the victims of the African Potash (AFPO) fraud get some of their money back, even if some of those victims were fairly beastly to me as I exposed the fraud. Friday's bombshell from Potash shows the game is up but the big frauds happened before this worthless enterprise was booted off AIM. To that end I have been working to help put together a legal action. That action is now almost underway and Peter Petyt, the man running things, wrote to more than 50 victims who have come forward at the weekend. If you lost money and want to try to get it back it is not too late to contact Peter. His letter & contact details follow.
Published 211 days ago
This really should have been an ouzo o'clock moment as lying Chris Cleverley, Lord Hain of sleaze and the gang round at the African Potash (AFPO) fraud saw their shares suspended on the NEX lobster pot. But I was a good diabetic and had a Greek salad, medication and water instead. But I am off sick leave this morning because dissecting such unmitigated horseshit brings joy to my heart and is good for the blood pressure and the soul. This is comedy central from lyin' Chris who is still to follow through on his promise to sue me for libel. I can't think why. The Potash statement is in bold, the lie detection service is not. Brace yourself, this is funny.
Published 211 days ago
I understand that just as I was publishing yesterday's bombshell on Mercantile Ports & Logistics (MPL) the company was having a phone conference call with the mugs who are invested in an attempt to drum up more support with promises of jam tomorrow. Sorry to rain on your parade chaps. Yesterday's expose should make any sane person run for the hills, but here are a few other matters to consider.
Published 265 days ago
This smells all wrong. Shares in African Potash trade (AFPO) trade at 0.02-0.04p on the NEX lobster pot after being booted off AIM. Since January 9 there have been just 23 trades of which only 2 have been at more than 0.045p. In February there have been seven trades and the most recent to sell have been at just 0.021p. Yet today the company has raised money at 0.045p. Who is that mad?:
Published 270 days ago
In its annual report published at no-one is watching O'Clock in the Christmas break, the FRAUD African Potash (AFPO) was forced to include a statement that it needed to raise £600,000 of fresh equity if it was to last 12 months. I should cocoa. The shares are now on the NEX lobster pot and the last trade was eight days ago. Illiquid or what. And as you can see the spread is now 2 one hundredths of a penny which is also the bid price.
Published 285 days ago
Yesterday, the lying fraudsters at African Potash (AFPO) announced that the now NEX Markets listed company had managed to raise £125,000 gross - this is an admission that it is bust. I refer you back to the annual report that it snuck out at no-one is watching O'clock around Christmas. As a bonus the RNS of yesterday afternoon contained one slam dunk lie from CEO lyin' Chris Cleverley and his pal the senior NED Lord Peter Hain of sleaze. But I guess no-one cares any more. Lets revert to the notes to the last audited accounts which came out at Christmas. RSM Tenon states:
Published 314 days ago
The fraud African Potash (AFPO) has been formally booted off AIM today as no Nomad is prepared to act for it. It is a day of shame for lyin Chris Cleverley the CEO and his senior NED Lord Peter Hain of sleaze. The shares are now only listed in the joke lobster pot that is NEX Markets, it is almost impossible to sell in any size and even harder to raise cash as a company. So Potash will soon go bust. At the weekend I explained the very odd timeline of seven days in September that lead up to the last Nomad, Cantor Fitzgerald, quitting. Now look at lyin' Chris's words since.
Published 319 days ago
African Potash stated in its annual report that on the ISDX (now called NEX) lobster pot it might be more difficult to raise money than on the AIM casino. I should cocoa. The last trade was on December 29. Liquidity is just nil and the 0.05p offer prize only applies if you want to sell peanuts amounts. If you invested in this fraud just accept that your shares are now worthless as it cannot get awaqy the £600,000 placing it dsays that it needs to survive. So Potash is going to go bust soon. But your cash might not be lost. There is a small chance.
Published 320 days ago
I am sorry if I sound a bit one track minded today but you will remember that African Potash (AFPO) sent me a fascist lawyers letter ( c/o now three time losers against me Memery Crystal) demanding I pay it £2,000, unpublish my articles on it, never write on it again and pay it damages on top back in September 2016. Natch I declined the offer and the fraud that is Potash has been in freefall to insolvency ever since. Moral of the story: don't mess with The Sheriff of AIM. Now, I have a question for Lord Peter Hain of sleaze who chairs the company's remuneration committee.
Published 402 days ago
It is now one month and eleven days since FRAUD African Potash (AFPO) promised it would sue me for libel if I did not pay its fascist lawyers Memery Crystal two grand, write it a blank cheque and withdraw all my articles which clearly exposed it as a FRAUD. I am 2 nil up with Memery Crystal when it comes to it trying to bully me on behalf of fraudsters (Globo & Pirate Pete Landau)so I am gutted that Potash has not yet served me. What could the FRAUDSTERS have to hide from a disclosure process? Meanwhile the PR firm has, very honourably, quit, the Nomad Stewart Dickson has been fired but still senior NED Lord Peter Hain hangs on (for the cash). So by midnight Friday can you suggest a suitable caption for this picture below of the sleazy peer?
Published 1286 days ago
We trust that no-one from Buchanan PR is voting in our poll on whether Peter Landau should leave Range Resources (RRL) once and for all. We would not any more allegations of dirty tricks and sleaze against the City’s biggest financial PR firm would we?