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

Published 309 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?

An Open letter to John Gunn at Inspirit and Octagonal - you MUST suspend or fire Nilesh Jagatia NOW!

Published 334 days ago

Nilesh Jagatia the former FD at now delisted AIM bad boy Teathers Financial (TEA) is now enmeshed in controvery not only over Teather's serial ability to file accounts on time but over how shareholder's cash was used not only on entertainment involving semi clad young ladies but also for apparently personal spending by Nilesh. One hopes that by now the Old Bill and HMRC have been asked to have a butcher's. Amazingly Mr Jagatia remains as FD at two other AIM Companies both, as it happens, run by John Gunn: Inspirit (INSP) and Octagonal (OCT). I have now written to John Gunn.

An Open letter to Ben Turney - why have you not called in the police at Teathers Financial

Published 335 days ago

Yesterday I revealed a series of 74 "interesting" transactions on the Teathers Financial (TEA) company credit card and some curious payments on the Teathers pre-payment card belonging to Nilesh Jagatia the company's former FD. There is now a very real suspicion that Teather's poor shareholders were paying for Jagatia's domestic shopping at his local Sainsbury's in South Woodford and that he was making withdrawals from the company's account for personal use. I have thus written to the new CEO flip flop Ben Turney who, of course arrived in the coup that saw Jagatia fired. The letter is below.

BREAKING: Teathers Financial shocker: Nilesh Jagatia - Show Me The Money!

Published 336 days ago

The way that shareholders' cash was pissed away on corporate jollies & semi clad young ladies by the former board of Teathers Financial (TEA) has already been documented fully here. But documents have now fallen into my possession, here at Winnileaks, which ask even bigger questions about FD Nilesh Jagatia who is pro tem, still FD at AIM-listed Inspirit (INSP) and Octagonal (OCT). After this bombshell I wonder for how long.

Tom Winnifrith Bearcast - News from the Inspirit Boiler room is bad but Advanced Onco's bad news is er?

Published 389 days ago

I start with thanks for all the offers of support in dealing with the criminal poltroon Aidan Earley of Worthington (WRN)  - now in liquidation - infamy. I then look at Advanced Oncotherapy (AVO) and the questions it is NOT answering. Then I touch on Audioboom (BOOM) before going onto Parallel Media (PAA) before ending up with the basket case that is Inspirit Energy(INSP), its bleak future and its links to the Teathers Financial (TEA) scandal. Finally I brace myself for a night of woe tomorrow.

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

Published 397 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.

EXCLUSIVE: Inspirit Energy - cash run out? Supplier has to go to Court to get paid

Published 437 days ago

Oh dear. Oh dear. It looks as if the cash position at John Gunn's boiler room Inspirit Energy (INSP) is getting so very tight indeed. With the shares slipping to just 0.24p to sell and there being no sign of jam tomorrow being turned into anything resembling an order, we have just been passed judgement in a court case which closed this week.

Sefton: Ben Turney accuses ADVFN's Chambers and Hodges of lying to investors

Published 449 days ago

Flip Flop Ben Turney who is endeavouring to oust Clem Chambers and Mike Hodges of ADVFN (AFN) from the board of now de-listed Sefton Resources (SER) has accused the two men of "telling blatant and demonstrable lies to investors in Sefton."

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

Published 472 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 475 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 475 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.

Etaireia Investments – More dodgy dealings from Baron Bloom and Oli Fattal

Published 523 days ago

Following on from my earlier piece HERE celebrating the fact that Oli Fattal was back in the property game, putting his torrid time at Teathers Financial behind him, Etaireia Investments (ETIP), has announced yet another cosy connected deal between Etaireia, Baron Bloom and Oli Fattal……although clearly not everyone’s happy about it!

Vast Resources: Crexit achieved, an incredible effort from the activist shareholders

Published 570 days ago

It’s been a fantastic week for democracy on AIM first with the ousting of the Teathers Financial (TEA) Board early in the week and then, yesterday, even more impressively was the show of strength by the shareholders of Vast Resources (VAST) at the general meeting ousting the greedy financiers, Crede, in the process.

Tom Winnifrith Bearcast: crack whores like Eden, Golden Saint & Cloudtag as Polly Toynbee spikes Stockmarket

Published 573 days ago

The worst newspaper in the world in the truth and analysis department is the Guardian and its worst columnist is the loathsome haridan Polly Toynbee. Silly Polly has today caused the stockmarket to surge as I explain. I then move onto FastJet (FJET), Teathers Financial (TEA), Tern (TERN) & Nigel's dynamite expose today and an array of AIM crack whores: Servision (SEV), Eden Research (EDEN) and Cloudtag (CTAG). Warning: this podcast contains some very bad language.

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

Published 575 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: Go ahead start sacking the investment bankers, I'd pay to watch

Published 575 days ago

No lightning strikes today, thank God. What was he punishing me for? I start by discussing Richard Poulden's excellent letter on why folks are so angry so backed Brexit, but it is a wider issue as you can read here. Then I discuss liquidity in an investment company's portfolio, ref Teathers Financial (TEA) and finally I challenge the banks to make good their Brexit threat to fire investment banksters. I will pay for a ticket to watch but I explain why it was always a spoof. It won't happen.

Teathers – Drummond QUITS & speaks exclusively to Tom

Published 575 days ago

Well, well – another twist in the formerly AIM-listed Teathers (TEA) saga has emerged, as a wander through Companies House filings reveals that a certain Mr Jason Drummond quit as a director on 23 June 2016 (last Thursday), ahead of the forthcoming sack-the-board EGM on Tuesday. The question, of course, is why?

Tom Winnifrith Bearcast - I am utterly fecked off with everyone

Published 580 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 580 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.

Tom Winnifrith Bonus Bearcast: Teathers/Drummonds/MediaCorp scandal the darkest day yet for the useless bastards at AIM Regulation

Published 583 days ago

The earlier piece on the Drummonds, Nilesh Jagatia and the Media Corp scandal needs to be read in full. What horrifies me is that it shows that AIM Regulation knew everything in July 2014 but failed to act.  The Bogus Sheriff of AIM, Marcus Stuttard, should either resign on Monday morning or find out who failed to protect investors, sack him and agree to compensate anyone who has lost money in Teathers Financial (TEA) and possibly Inspirit (INSP) as well. I warn you that I use bad language in this bonus podcast as I am furious with the Oxymorons at AIM Regulation over this appalling failure.

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

Published 584 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 587 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?

Disgraced Teathers Financial “forgets” to publish proxy form on its website

Published 588 days ago

The discredited board of Teathers Financial appears determined to make itself look as bad as possible in its ongoing battle with activist shareholders. Yesterday the company managed to publish the EGM circular on the company’s website, but “forgot” to include the proxy form shareholders need to appoint proxies. Fear not though, ShareProphets has a copy of the form here

Un-fecking-believable: Disgraced Teathers board blames action group for failure to publish accounts

Published 588 days ago

Over the weekend shareholders in Teathers Financial (TEA) started to receive circulars for the forthcoming EGM. Having tried and failed to bully its shareholders into calling off the EGM, Teathers’ board has adopted new tactics in the circular - lies and smears.

Tom Winnifrith Bearcast - where has all the money gone at Teather's Financial?

Published 597 days ago

In today's bearcast I look at Inspirit (INSP) and Teathers Financial (TEA) and the common threads that show why both bring shame on AIM and are uninvestable. I then look at Teathers and ask where has all the money gone and what is it trying to hide? And I explain to two prize twits what a flip flop means. 

Teathers Financial & Inspirit FD Nilesh Jagatia on the run

Published 598 days ago

Earlier today we flagged up a planned rampfest investor evening organised by jam tomorrow and hot air producer Inspirit Energy (INSP) which - according to the original RNS - featured an array of attractions including Zak Mir - who was laughably described as the UK's favourite technical analyst, which Nomad signed off on that crap? - and a chance to quiz FD Nilesh Jagatia. Oh goodie goodie thought a number of folk from the Teather (TEA) shareholder action group who would like to ask Nilesh about how he has trainwrecked their company and if he condones blackmail?

An Evening with a snake and a hooker c/o Inspirit

Published 599 days ago

It is good to see that Inspirit Energy (INSP) is spending the £750,000 from the bailout financing of last month wisely. Canapes and stockmarket hookers all round.

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

Published 601 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 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 607 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 tries to bully its own shareholders - they stand firm: the board will be sacked!

Published 608 days ago

I have obtained emails that show clearly how the board of Teather's Financial (TEA) have tried to bully dissident shareholders into not ousting the directors who are culpable as it gets slung off the AIM. The bullying has not worked. The board will be sacked.

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

Published 617 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 - today's RNS means shareholders MUST SACK THE BOARD NOW!

Published 633 days ago

Tomorrow at UK Investor Show the Teathers shareholder action group will be manning a stand all day wanting to make contact with anyone owning any shares in Teathers Financial (TEA). Make sure you go and make contact as this company's board must be sacked NOW after another disgraceful RNS.

Teathers Financial - piss poor update, apologies but this looks grim

Published 635 days ago

Tom Note: This article appeared under the HotStockRockets name but I wrote it and would not want anyone thinking this was not my view.  Off we go...Shares in Teathers Financial (TEA) remain suspended and will be booted off AIM on 4 June if no RTO takes place or if it cannot convince AIM that it has implemented its investing policy ( which it won't). It looks grim. The latest update states:

Tom Winnifrith Bearcast 20 April - Dealing with Oakley's latest deposit

Published 642 days ago

You may say that Oakley's latest deposit and Teather's Financial (TEA) have a lot in common. I cover both in this podcast apologising and dishing out blame for the latter at least. I also cover 88 Energy (88E) and Great Western Mining (GWMO) which is also a total piece of Turkish. I look at Tertiary Minerals (TYM) and also cover PGC Entertainment (PGCE).

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

Published 643 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.

Etaireia Investments – Oli’s back in the game

Published 695 days ago

A couple of recent announcements from ISDX-listed Etaireia Investments (ETIP) got me fuming about the age-old topic of management greed but they also tell a tale of persistence and patience paying off for Oli Fattal.

Tern – when is an investment company not an investment company?

Published 718 days ago

Continuing my look at the world of investment companies, I look at one key aspect of the new rules, namely where an investment company has taken on a controlling stake in an investment, in the context of Tern plc (TERN). 

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

Published 774 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.

Notes from Underground - New Members

Published 778 days ago

Unsurprisingly, this was a banner week for ShareProphets page views, and we can chalk it up to Internet Q (INTQ). The little company that didn't took four of the top 10, including the top three. 

Teathers Financial - Suspended but far from out

Published 780 days ago

There have been deranged comments all day coming from Del Boy Lenigas apologist and diehard LGO Energy (LGO) shareholder Wilrides suggesting that the suspension of shares in Teathers Financial (TEA) means wipeout. As you would expect from an LGO shareholder he has got it all wrong.

Zak Mir's Great Request Show: Teathers Financial, Tethys Petroleum, Tracsis

Published 782 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 Teathers Financial, Tethys Petroleum and Tracsis, serving up share price targets for all three stocks.

Zak Mir Bulletin Board Heroes: Armstrong Ventures, Berkeley Energy, China New Energy, Kefi Minerals, Teathers Financial

Published 792 days ago

Featuring shares in Armstrong Ventures (AVP), Berkeley Energy (BKY), China New Energy (CNEL), Kefi Minerals (KEFI), Teathers Financial (TEA), together with some share price targets.

Zak Mir's Great Request Show: Manx Telecom, MX Oil, Teathers Financial

Published 803 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 of Manx Telecom (MANX), MX Oil (MXO), Teathers Financial (TEA) and offer some share price targets.

Teathers Financial punts £100,000 on Lenigas Cuba, hmmmmm

Published 825 days ago

Teathers Financial (TEA) has announced it has made a £100,000 investment at 2p per share in Leni Gas Cuba Ltd. Hmmm…

Zak Mir's Bulletin Board Heroes - Asiamet Resources, Castle Street Investments, Elektron Technology, Range Resources, Teathers Financial, Victoria Oil & Gas

Published 850 days ago

Featuring shares in Asiamet Resources (ARS), Castle Street Investments (CSI), Elektron Technology (EKT), Range Resources (RRL), Teathers Financial (TEA), Victoria Oil & Gas (VOG) with share price targets for all.

Zak Mir's Bulletin Board Heroes - Metal Tiger, Ncondezi Energy, Stratmin Global, Sefton Resources, Teathers Financial, Wildhorse Energy

Published 854 days ago

Featuring shares in Metal Tiger (MTR), Ncondezi Energy (NCCL), Stratmin Global (STGR), Sefton Resources (SER), Teathers Financial (TEA), Wildhorse Energy (WHE), together with some share price targets.

Zak Mir's Bulletin Board Heroes - BMR Mining, Castleton Technology, New World Oil & Gas, Quindell, Teathers Financial, Water Intelligence

Published 861 days ago

Featuring shares of BMR Mining (BMR), Castleton Technology (CTP), New World Oil & Gas (NEW), Quindell (QPP), Teathers Financial (TEA), Water Intelligence (WATR), together with some share price targets.

Zak Mir's Bulletin Board Heroes - Caza Oil & Gas, Daniel Stewart, Goldplat, Kibo Mining, Teathers Financial, W Resources

Published 867 days ago

Featuring shares in Caza Oil & Gas (CAZA), Daniel Stewart (DAN), Goldplat (GDP), Kibo Mining (KIBO), Teathers Financial (TEA), W Resources (WRES)

Bonfire of the bad Nomads – Cenkos and Beaumont Cornish

Published 889 days ago

There are two very interesting firings today of Nomads. First Teathers Financial (TEA) has binned Roland “fatty” Cornish moving to Grant Thornton and secondly Quindell (QPP) has canned Cenkos (CNK), moving to Peel Hunt.

Zak Mir's Bulletin Board Heroes - Amur Minerals, Clean Air Power, IGas Energy, Range Resources, Teathers Financial, Tern

Published 896 days ago

Featuring a look at the shares of Amur Minerals (AMC), Clean Air Power (CAP), IGas Energy (IGAS), Range Resources (RRL), Teathers Financial (TEA) and Tern (TERN), with share price targets for each.

Teathers Financial Interims - the shares are a buy at 3p

Published 906 days ago

Teathers Financial (TEA) has announced results for the six months ended 30th April 2015, a period which it states has seen the business transformed.

Zak Mir's Bulletin Board Heroes - Bacanora Minerals, Greatland Gold, Landsdowne Oil & Gas, Sirius Minerals, Teathers Financial, Tern

Published 907 days ago

Featuring Bacanora Minerals (BCN), Greatland Gold (GGP), Landsdowne Oil & Gas (LOGP), Sirius Minerals (SXX), Teathers Financial (TEA), Tern (TERN)

Teathers Financial is a highly speculative Buy

Published 965 days ago

Teathers Financial (TEA) has gone from being one of the most talked about and hyped AIM shares to virtually forgotten in just a few weeks!

Zak Mir's Bulletin Board Heroes - Ascent Resources, Golden Saint, MX Oil, and Teathers Financial

Published 974 days ago

Today's Bulletin Board heroes are: Ascent Resources (AST), Golden Saint (GSR), MX Oil (MXO) and Teathers Financial (TEA)

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

Published 1001 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 1004 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: busy but will get busier.

Published 1023 days ago

The past two weeks have seen good newsflow from Teathers Financial (TEA) but this is just tidying up, we expect the real action to start soon.

Tom Winnifrith Bearcast 27 March

Published 1032 days ago

In today's podcast I urge you all to book your seats for UK Investor now as there are fewer than 100 of the 2000 tickets for the big day (April 18) still going. All tickets will be posted early next week. You can book HERE. In terms of companies I cover Quindell, Coms, Teathers Financial, Tower Resources, Gulfsands, JQW ( rapidly looking like my fave China Norfolk) and a POS called Messaging International.

Tom Winnifrith Bearcast - 26 March

Published 1033 days ago

I have a terrible migrane and am off to bed. Before I go a podcast covering the China Norfolks, Sierra Rutile, asylum madness and Teathers Financial and in detail Corero Networks. Oh, there is also a joke from Lucian Miers.

Tom Winnifrith BearCast 15 March - Quindell again

Published 1044 days ago

As I contemplate the aftermath of a disastrous day of rugby (see here) this podcast covers Teathers Financial (TEA) pointing out a few home truths and then Quindell pointing out a lot of home truths in light of today's joke of an article in the Sunday Times.

Teathers Financial – share issue, at big premium: buy

Published 1045 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).

CA Sperati - starting to pull its finger out

Published 1164 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.


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