Mothercare – “refinancing, restructuring and reorganising… to ensure a sustainable future”. Is there?
Tom Winnifrith Bearcast: Why I think Malcolm Stacey is wrong on Bigdish & good riddance you mendacious old hag
Published 12 days ago
I demonstrated clearly that AIM listed MySquar (MYSQ) was a fraud, founded and run by a lying fraudster Eric Schaer way before it finally folded. The great and the good at AIM Regulation and Nomad SP Angel did nothing about it despite explicit warnings Self important PR fucktard Piers Pottinger stayed on as chairman, standing by his man and ignoring me. PR spawn of Satan Damian McCrystal banked his cheques and carried on spinning. The fraudsters fave journalist (and ADVFN blogger of the year) Ben Harrington ran bogus stories in the Sunday Papers to get bailout placings away. No-one cared about the lies Schaer told. You guys are the establishment and it is far simpler to bank fat salaries and dismiss me as failed fund manager, pizza restaurant employee, yak, yak yak. Well gents you, 1% er bastards who are complicit in a transfer of welath from the many (shareholders) to the few (yourselves), please now read the Singapore Court Documents below branding Schaer a liar, a thief and a fraud. Read, weep and apologise to the Sheriff of AIM and to investors who have lost everything. You were all warned. You are complicit.
Published 12 days ago
China fraud specialist Paul Shackleton is trying to restore his soiled reputation and personal finances as head of the Nomad team at Arden. But this is proving hard given the activities of Arden client Management Resource Solutions (MRS). Over the weekend, thanks to Winnileaks, we exposed the biggest lie yet told by Management boss John Zorbas over the dodgy as hell related party nest of snakes £1.32 million acquisition of Alerion. In friendship, I have written to Mr Shackleton asking if Arden will quit as Nomad now and explaining exactly why they must. I have cc’d in AIM Regulation.
Published 30 days ago
The administrators first report on the late lamented Daniel Stewart (DAN) is out and is published below. Red faces all round and a bit of a £50,000 question for NEX listed China POS Gamfook.
Published 45 days ago
I am afraid that I still continue to get a stream of letters from victims of charlatan and snake oil salesman Darren Winters. His courses are worthless and the claims he makes are just untrue, as the ASA noted here. Yet Winters regards brushes with the ASA or The Sheriff of AIM fighting on behalf of victims in the Courts (and winning!) as just another cost of business and carries on, as he has done for almost 20 years, with industrial scale larceny. What follows is the teacher’s tale
Published 50 days ago
This is utterly bizarre: on 28 March AIM-listed POS Management Resource Solutions (MRS) announced the acquisition of Alerion Consulting Ltd from its founder, Elliott Talbott, and others for a consideration of £1.32 million to be satisfied by the issue of MRS confetti at 5p per share and we were told that an application for admission to trading of the consideration shares on or around 4 April would be made. Now, on 5th April – at 9.38am – we learn that the application to have them admitted to trading hasn’t been made at all, yet the acquisition completed on 28th March!
Published 52 days ago
When running Daniel Stewart (DAN) for the benefit of himself and his family, Peter Shea sent me a lawyers letter trying to stop me exposing what a crock of shit his company was, as it snuggled up to King fraudster Rob Terry. Better still his brother, also a Daniel Stewart employee as were four other family members, threatened to beat me up. So I doorstepped the Daniel Stewart Christmas Party - the brother hid inside the building. Congratulations Mr Shea & your vile family, you have met the Sheriff of AIM.
Published 54 days ago
Following intense lobbying by the team at AIM Regulation, the organisers of the annual AIM awards have today, 1st April, agreed that the presenter of the 2019 awards for excellence on the world’s most successful growth market will be the Sheriff of AIM, Tom Winnifrith.
Published 148 days ago
Between Christmas Day and January 2nd we shall be publishing more than 20 share tips of the year – buys and sells. Eighth up is the second one from Nigel Somerville, the deputy Sheriff of AIM.
Published 150 days ago
Between Christmas Day and January 2nd we shall be publishing more than 20 share tips of the year – buys and sells. Fourth up is one from Nigel Somerville, the deputy Sheriff of AIM.
Published 152 days ago
I have spent all weekend being abused on twitter by morons who own shares in Frontera Resources (FRR) - notably @keithcareth, check his feed he is insane - who insisted that I did not know what I was talking about, that the FCA was after me, etc etc etc. I await an apology as today – as was inevitable after our weekend revelations HERE and HERE – the Nomad, Cairn, has quit. The shares are suspended and here is why it is game over.
Published 190 days ago
For a while it was going so well for TrakM8 (TRAK). Put out RNS’s saying you had cash when you had debt, record ramptastic interviews with thirsty Paul Scott and get him ramping hard, make really dodgy acquisitions that made no sense, generate no cash and watch the shares go ever higher. Then the Sheriff of AIM started to look underneath the hood and kick the tyres. The shares were 360p back then. They are opening today at just 23p to sell after a truly diabolical set of results and a (lack of) profits warning. If you were at the heart of the rampfest, it would be enough to turn a man to drink.
Published 192 days ago
As you may be aware, the accounting watchdog, the Financial Reporting Council (FRC) is a great admirer of the work of The Sheriff of AIM. And always keen to give my good friends a pointer, I have today submitted a formal request to investigate the last three year’s accounts of First Derivatives (FDP). The issue is whether stated earnings represent the underlying picture. My letter, below, is to the point.
Published 201 days ago
In October last year I presented thje AIM Regulation team headed by the man who ludicrously allowed himself to be dubbed the Sheriff of AIM, Mr Marcus Stuttard with slam dunk proof of massive fraud at MySquar (MYSQ). He did nothing. MySquar raised millions of pounds AFTER that from issuing shares which after today are now worthless as the fraud is laid bare. Mr Stuttard's failure to act has cost investors millions. And this is not his first lamentable failure. Is he the most useless regulator on this planet? Anyhow, he is pictured below after receiving my proof of fraud at MySquar last October. Please supply a suitable caption by midnight tonight in the comments section below.
Published 201 days ago
Oh dear. Oh Dear. I pointed out that MySquar (MYSQ) had lied and committed fraud numerous times – notably with the 31 July 2017 placing – but Nomad SP Angel was happy to turn a blind eye and bank its retainers. Marcus Stuttard and the keystone cops at AIM Regulation were given specific warnings but did nothing. Now the whole thing has blown up so who looks like a frigging clown now Marcus? Is it Tom Winnifrith, the real Sheriff of AIM, or Marcus Stuttard, a man who is meant to regulate but instead turns a blind eye to blatant fraud, a useless not fit for purpose fucking poltroon?
Published 265 days ago
Almost out of cash, Andalas Energy (ADL) is gearing up for a bucket shop placing c/o joint bucket shop brokers Novum Securities & Optiva in the usual way: a ramptastic podcast with PR genius Steffi, 2 ramptastic RNS announcements and a ramptastic paid for podcast with Vox. The trouble is that its claims have now been directly contradicted by its partner in the North Sea Badger field, Atlantic Petroleum (see HERE). If it turns out that Andalas was making unverifiable fantasy claims, as it appears, and raises money at an artificial price on the back of that, this would be a clear case of Securities fraud. In order to stop that the shares must be suspended at once pending a statement. I have written to the fake Sheriff of AIM, Marcus Stuttard at AIM Regulation as you can see below.
Published 275 days ago
Enough is enough. Yesterday John Meyer, a senior manager and large shareholder in SP Angel went onto Justin the Clown’s podcast to ramp corporate stocks such as Blue Jay Mining (JAY) without declaring an interest – his employer earns vast fees from Blue Jay as its Nomad and broker. But this is the least of SP Angel’s crimes and I wonder if its conduct over Blue Jay and MySquar (MYSQ) is, if not blatant market abuse, simply bringing the AIM Casino into disrepute. I have written to Marcus Stuttard, the head of AIM Regulation, demanding an immediate investigation into whether SP Angel should retain its Nomad license.
Published 297 days ago
The results which came out in early July made it clear to anyone who could do basic maths that Jim Mellon's FastForward (FFWD) would be passing the hat around shortly. Three ramptastic RNS's followed and today I can reveal that the company is on the road trying to raise £5 million in fresh equity.
Published 389 days ago
Oh well I had not had a take down lawyers letter for at least a few weeks so welcome back to England Mr Winnifrith. The deadline for voting is midnight Wednesday as I shall be responding on Thursday. So who do you think wants to gag the Sheriff of AIM? Vote now:
Published 400 days ago
Oh dear the fat lady needs to get on stage quick. I have been warning you that Nighthawk (HAWK) was worthless toast for ages but as ever the bulletin board savants knew better. Well folks now the company has fessed up. Once again the scoreboard reads: The Sheriff of AIM 5 Morons 0.
Published 417 days ago
Via, his PR man - aka the spawn of Satan - I have sent a letter to Eric Schaer the CEO of AIM superfraud MySquar (MYSQ) challenging him to deal in person, face to face with me, on April 21, with the incontrovertible evidence that his company is a fraud. I write:
Published 421 days ago
AIM-listed Servision (SEV) has updated the market once again regarding its suspension pending clarification of financial position. We had already been told that investors are unlikely to get much (or, indeed, anything at all) but previously a third party had expressed an interest in acquiring Servision Ltd (the operating business) – good(ish) news, but for Servision Ltd having come under the bankruptcy protection of the Israeli court. We were told yesterday that the court rejected an application from Servision plc to pursue a sale. Oh dear.
Published 424 days ago
Telit Communications (TCM) and its advisers, notably PR morons Adrian Duffield and Chantal Woolcock of Instinctif, really are fucktards of the highest order. They have had to correct a statement fessing up to an FCA investigation in a material way which changes its meaning. God help these clowns.
Published 438 days ago
With its shares suspended pending clarification, long time aggressive accounting, cash guzzling, AIM uber dog Servision (SEV) has updated those dumb enough to hold its shares, despite all the warnings here, about the slide into the abyss.
Published 495 days ago
Andrew Monk's VSA floated AIQ on the Standard List last week. Its shares soared 1000% and were suspended. As Andrew notes, through the passive investment vehicle RRR I own shares in AIQ (about £10 worth - CORRECTION I am told it is £1841 worth!). I will try to sell the lot as the valuation is insane. But Monk wants to defend his corner so before our writers really go to town - and I am on their side - here is Monkey in his private email to clients today...
Published 510 days ago
Between December 24 and January 2 we are serving up 24 share tips of the year from our team of writers at ShareProphets. The share tips are for paying subscribers only. Next up is a buy tip, the second of two from the deputy Sheriff of AIM, Nigel Somerville.
Published 541 days ago
As he only visits those boys and girls who have been good this year I guess that Santa will once again feel no need to drop in on the Landau household, headed up by Pirate Pete of Range Resources (RRL) and many other companies, infamy. But for the rest of us there is an early present with news that the Pirate is in Court again. Happy days.
Published 569 days ago
Maybe the regulators are not utterly useless after all. Sky is this morning reporting that the FCA has launched a formal probe into Telit (TCM). It is ouzo O'Clock round at the Sheriff of AIM Towers!
Published 581 days ago
The past week has shown clearly why MySquar (MYSQ) shares should not be traded on any market, even the AIM Casino. I demonstrated HERE that it had lied to investors in an RNS this month. That lie stands uncorrected. I demonstrated HERE that without any doubt it had committed wholesale securities fraud on July 31. This was chapter and verse stuff and MySquar is now exposed. Yet nothing has happened. As such I have written to my pal the bogus Sheriff of AIM, Mr Marcus Stuttard the head of AIM Regulation
Published 591 days ago
I have written a letter to Nomad SP Angel, broker Beaufort Securities and the oxymorons at AIM Regulation re shamed MySquar (MYSQ). Has it committed a massive breach of AIM Rules or Securities fraud or both and will anyone do anything about it. The letter follows:
Published 627 days ago
Conroy Gold & Natural Resources (CGNR) has appointed two new patsy Irishmen to its board to bolster the home team of Professor Richard Moriaty, his ever loyal sidekick Maureen Jones and another patsy Irishman. One of the new guys comes fresh from Circle Oil where he was responsible for "all corporate financial and funding matters." Hmm given how Circle shareholders lost 100% I bet they are rushing to buy Conroy shares. NOT. I guess there is only a limited pool of Irishmen so desperate for a PLC NED gig that they will sign up to take Moriaty's shilling these days. Meanwhile...
Published 629 days ago
There was a High Court Ruling this week which concerns attempts by the London Stock Exchange (LSE) and AIM to discipline the firm of ZAI Corporate Finance, a Nomad, or retained adviser, to firms on the AIM casino. The big question here is what dirty linen the Stock Exchange is desperate to hide. I should declare at this juncture that I am an expert witness in this case.
Published 650 days ago
Investors who have lost £900,000 on the Paragon Diamonds (PRG) fraud and bust are now lined up to sue the hapless Nomad ( Northland with QEs Gerry Beaney and David Hignell overseeing the shambles) as an update from class action litigation arranger Peter Petyt sent this morning, makes clear. However we need more folks who were conned to join the party URGENTLY and for two reasons:
Published 655 days ago
I can reveal that papers have this afternoon been lodged in Dublin with Conroy Gold & Natural Resources (CGNR) calling for a second GM to install three new directors: Paul Johnson, Patrick O'Sullivan and Gervaise Heddle. But after the sodomising of democracy that was the last GM, this time the rebels are also calling for the sacking of Professor Richard Conroy and his sidekick Maureen Jones. I will be going to this GM to back the rebels. The Sheriff will get his man, Prof Con you are on notice!
Published 656 days ago
I revealed on Sunday how Professor Richard Conroy had abused shareholder democracy at a sham of a GM for Conroy Gold & Natural Resources (CGNR). In preventing three rebels from joining the board when that is what shareholders clearly wanted he has shown himself no longer fit to run a PLC. I can only compare his pastoral care of shareholder rights at Conroy to that handed out by the Christian Brothers to their wards at so many boys homes across Ireland in darker days of old. The Professor shames Ireland and shames AIM with his antics. Conroy has today failed to fess up to exactly what went on and also what has happened since. Okay, he asked for this, the Sheriff of AIM needs to go to Dublin.
Published 656 days ago
I am not sure if Neil Woodford had a big stake but Telit Communications (TCM) ticked all the other red flag boxes for AIM casino disasters waiting to happen. UK Investor Show attendees know that this has been high on the bear's hit list for a while. Today the train wreck happened and as I write, shares in what was the most shorted stock on the casino, are 39% down at 156p. But a £199 million market cap is still a rum and coke. The shares could be 20p and I still would not buy. Pro tem I count this as another big win for the Sheriff of AIM.
Published 659 days ago
The big issues for AIM uber dog Servision (SEV) have always been its lack of cash generation which has forced bailout placing after bailout placing and its aggressive revenue recognition policies designed to boost the share price to allow the placings to take place. Lately there has also been an issue with withholding (bad) price sensitive information. On the revenue recognition issue I went into battle 19 months ago, reporting the company to the Financial Reporting Council and now we have another small win for the Sheriff of AIM. A letter from the FRC has just arrived...
Published 681 days ago
The AIM casino has hosted the London stockmarket's biggest fraud for almost 40 years (Quindell) and a raft of smaller frauds in recent years. One might almost say that fraud is endemic. Yet, in a consultation paper published this week, the London Stock Exchange (LSE) has insisted that it is not within the remit of its own AIM Regulation department to tackle fraud or indeed do anything about it. This shows a complete contempt for investors - we bank the fees, you bank the losses.
Published 690 days ago
My contention, questioned by certain other well known share bloggers, is that TrakM8 (TRAK) is what Warren Buffett would define as a "bad company." That is not saying that it is a fraud. It is not, although it has told untruth's in RNS's and raised cash to buy some strange old businesses. It is bad because it just does not generate free cashflow. Paul Scott, PR crony capitalist Reg Hoare or the paid corporate shrills can bang on abourt earnings per share till the cows come home but earnings are a matter of opinion, cash is a matter of fact. Trakm8 yesterday published its, piss poor, results for the year ended 31 March 2017.
Published 706 days ago
It is five weeks since our last update on the portfolio of seven AIM stocks selected for Marcus Stuttard, the sham sheriff of AIM, to put his money into to show his faith in the system of regulation last September. As you will recall, these were all companies which we had Red Flagged but about which AIM Regulation had done nothing. Last month the losses were 61.7% in about 8 months.
Published 728 days ago
Yesterday morning I ran a piece pointing out that at 0.15p the valuation of PCGE (PCGE) was utterly insane and anyone buying shares (at up to 0.16p!) deserved the beating that would surely follow. It did not take long. At 2.19 PM the company announced it had raised £400,000 at 0.1p. Ouch. The shares are now 0.11p to sell. BBMs 0 The Sheriff of AIM 1. A familiar scoreline.
Published 767 days ago
Published 801 days ago
Hat tip to reader Bearfacts for pointing this out but one must ask if the London South East Bulletin Board, aka the LSE Asylum, is close to going bust? Fingers crossed.
Published 802 days ago
I was going to have some of the staff at UK Investor Show weariing these T shirts but that idea has been over-ruled. But I shall be wearing mine on the day. And I hope you will too! We want your support as we face legal threats to our very existence from some teribly naughty boys. So we would like you to buy a Sheriff of AIM 'See you in court, Bitchez' t-shirts for only £25 - the shirts will be posted from Monday. But we have a special offer for those attending UK Investor Show on April 1.
Published 804 days ago
Almost exactly a year ago, investment vehicle Concha (CHA) spunked £4 million on a 0.43% stake in new media darling Ve Interactive a deal and valuation that I branded as "insane". Hey ho, today's Sunday Telegraph suggests that the Sheriff of AIM is right once again.
Published 808 days ago
Yesterday I asked Advanced Oncotherapy (AVO) to answer 16 questions. I regret to say that as at 12 noon today now undertaking had been given to answer the questions and that therefore I am now at war. As such as I celebrated International Women's day by having a good looking 28 year old blonde run her fingers through my hair I decided to buy one share in this POS company. Bring on the EGM and AGM says The Sheriff of AIM and I hope that other folks out there will also buy one share so that we can get the mothers on this board to answer some very valid questions. In this podcast i also look at how if I was running the fraud at Eden (EDEN) I would buy some time before all is revealed. I also comment on Solo Oil (SOLO) and on the budget and our irresponsible chancellor Hammond who is the real villain of sterling weakness, not Brexit.
Published 815 days ago
We want your support as we face legal threats to our very existence from some teribly naughty boys. So we would like you to buy a Sheriff of AIM 'See you in court, Bitchez' t-shirts for only £25. But we have a special offer for those attending UK Investor Show on April 1.
Published 816 days ago
Some bear raiders are on the pitch...they think it is all over: it is now! Nope not West Ham winning the World Cup but the stockmarket career of AIM fraud Cloudtag (CTAG). Nomad Cairn has brought forward its resignation from April 10 to last night, the £975,000 placing announced last week has been pulled and it is ouzo time for me while on the council estates the LSE Asylum rampers gnash their teeth. Come on guys, say it slowly "Yet again Tom Winnifrith was right and we are morons, we apologise for all the abuse we gave him, the Sheriff of AIM rocks!"
Published 818 days ago
I detailed earlier how some moron had registered on ADVFN as tomwinnifrith and then posted a lot of piffle making it clear that it was meant to be me. Among the more ridiculous assertions was the statement that: " I will remain selfishly against CTAG, even when it bounces back to previous highs. But not as active as before. We need it to get back to £40m-£60m market cap, at which point we will do it all again." were the biggest Cloudtag bear (target price 0p) be saying he "needed" the shares to get back to a 9-13.5p level and that he expected that because "at that point" would be dramatic. But of course...
Published 820 days ago
In the main bearcast today I touch on the Cloudtag (CTAG) fraud but that is really covered in its own bearcast HERE. I do look at RapidCloud which was suspended today and will lose its AIM listing in a month. Who warned you that this would face a "terminal conclusion" 149 days ago? Was it PR wankers Walbrook or Nomad WH Ireland or savants on the LSE Asylum? Er no, it was me HERE. I then look at Challenger (CHAL) a zero in waiting, Iofina (IOF) and IGAS (IGAS) both of which should also be zeros. I commend today's excellent piece from Nigel, the Deputy Sheriff of AIM, on the Servision (SEV) scandal HERE. I take Nomad Allenby to task for failing to comment on this and for allowing Servision to mislead mug punters. AGAIN. Finally I take apart overvalued ramp Wey Education (WEY). Its shares are up 33% today. That is a ramp not a reflection of value.
Published 820 days ago
I waited until 10 AM before drinking a bit of my father's ouzo in celebration of the Cloudtag (CTAG) take-down described earlier HERE. That is the sort of restrained guy I am. Boy does the ouzo - pictured below - taste great and its only 51 days and I shall be back in Greece for a lot more. Today has been a 100% vindication for The Sheriff of AIM and my fellow bears and the Bulletin Board Morons and fraudsters are now in undignified retreat. I discuss what happens next, have a few new revelations and a few lessons the morons will, no doubt, not learn in this bonus podcast.If you are client of Novum stuffed into today's placing I explain how you can get your cash back.
Published 820 days ago
I had brought the bottle below back from Greece for my father. But I know he will understand. It is a very large celebratory ouzo for breakfast as the AIM fraud of the year Cloudtag (CTAG) has fessed up - its hapless Nomad Cairn has finally had enough of signing off on lies and has quit. It gets worse and it is going to get worse still. Bulletin Board Morons and Aidan Earley who smeared and attacked The Sheriff of AIM for repeatedly calling this out as a fraud line up and apologise now you bastards!
Published 822 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.
Published 826 days ago
I am delighted to say that the snake oil salesman Darren Winters, slammed by the ASA for telling blatant lies as we revealed HERE last week, has decided not to appeal against his latest court room thrashing by one of his victims, a case we funded. Given the Judge's damning verdict in Snake Oil vs Mr O, that was a wise call by the Charlatan. But even now he is trying to swindle us out of 40p. Think again Darren and your frightful wife Tatjana, the Foxy Legals are on the case.
Published 828 days ago
Oh dear. Oh Dear. Another trading statement from Aussie law poltroons Slater & Gordon (SGH) and it is grim all round. The shares - A$8 when the fraudulent businesses of Quindell (QPP) were bought - are now 20 cents. And they will go far lower IF a debt for equity swap is agreed and that is the best case scenario. The Rob Terry Quenron businesses are now shown as worthless, another day of V for Vendetta, Vengeance and Vindication for the Sheriff of AIM. Crack out the ouzo and make mine a large one!
Published 829 days ago
I think that makes it ouzo o'clock already, stockmarket charlatan and snake oil salesman Darren Winters, fresh from his crushing Court defeat on 1 February bankrolled by The Sheriff of AIM, has now been slammed by the Advertising Standards Agency for lying to potential investors. The judgement below is damning. We are due in court again on April 3 backing another of his victims so this is very useful indeed.
Published 830 days ago
January 2017 was another month of shrinkage for AIM in terms of number of companies.The absolute number was down by a net 9 from 982 to 973 companies with 1 readmission and 10 departures including the fraud African Potash (AFPO) which was relegated, in disgrace, to the NEX Markets lobster pot.
Published 832 days ago
Oh dear the curse of ShareProphets today falls on Pirate Pete Landau, formerly boss of AIM dog Range Resources (RRL) and several other stockmarket hounds and a man who sent me a string of lawyer's letters because he did not like my investigative journalism. I now have an official document where the Pirate stands accused of theft, fraud and forgery, of half inching more than $2 million and much else. The victim is Citation Resources, an ASX company linked to Range and now in administration.
Published 842 days ago
For almost 20 years, the spiv Darren Winters has been making a killing charging mug punters five figure sums for utterly worthless stockmarket courses. His salesman get punters to sign pieces of paper which they say do not bind them to anything then bully and threaten folks for thousands of pounds. In 2015 we started to expose this conman and Winters threatened us with legal action unless we desisted HERE. We said "see you in Court Bitchez!" and he declined that offer. We then started funding various cases of folks who Winters was trying to fleece. Winters has used google to try to stop people finding out about this (see HERE) but yesterday one case came to Court. It was a disastrous humiliation for Winters - who sent his ghastly Mrs Tatjana to represent him - and ouzo o'clock for ShareProphets & the Sheriff of AIM. Here is the story of Mr O.
Published 845 days ago
I take a detailed look at fad investing covering the big California drone fraud but also Fitbit which had a shocking profits warning today, Fitbug (FITB) and Cloudtag (CTAG). I look at two China frauds on AIM in big doo doo, Jiasen (JSI), which is definitely a kill for the Sheriff of AIM, and Taihua (TAIH) which will be. Then I look at Torotrak (TRK), Guscio (GUSC), Greatland Gold (GGP), Andalas (ADL), Golden Saint (GSR), Amur Minerals (AMC) and finally LGO Energy (LGO)
Published 857 days ago
We are delighted to announce that UK Investor Show will be running two new sessions covering two companies of massive investor interest. The show takes place on April 1 (no joke) in London and already boasts a top panel of keynote speakers including Britain's Buffett Nigel Wray, top fund manager Mark Slater, the Queen of Tech Vin Murria, the UK's top share blogger Paul Scott and the UK's oldest fund manager as well as top bears Lucian Miers, Matt Earl and from New York Gabriel Grego and the Sheriff of AIM, Tom Winnifrith.
Published 862 days ago
And so the guy delivering a package for next door said "Hello Tom". He is a keen reader and owns shares in UK Oil & Gas (UKOG), ScotGold (SGZ) and Xtract Resources (XTR). He must be a big fan of Big Dave Lenigas as well. It was a good chat. In this podcast I look at how quickly sentiment can change ref Nostra Terra (NTOG) and Optibiotix (OPTI). I cover Iofina (IOF) and Strat Aero (AERO) and reflect on how the curse of the Sheriff of AIM has fallen on Dolphin Capital (DCI). It took a while!
Published 867 days ago
Hapless Nomad Cairn has so far refused to resign as adviser to the AIM fraud Cloudtag (CTAG) despite incontrovertible evidence of house it has misled investors with RNS statements that are outright lies throughout 2016 and in doing so has committed blatant securities fraud. Today's shock video from CES where an Onitor spokesman admits that there is no release date yet is surely the straw that breaks the camel's back in that it directly exposes as a lie every statement made in November & December about 2016 sales that was used to get away a £4.1 million death spiral fund raise. I have written to Tony Rawlinson & Liam Murray at Cairn and cc'd in that useless poltroon Marcus Stuttard, head of the oxymorons at AIM Regulation demanding a statement and action.
Published 872 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 890 days ago
Some folks are winding down for Christmas already. Idle wotsits! Steve Moore and I are, however very much hard at work and we will have not one but TWO fantastic share tips coming out TODAY, Friday 16th December, at 2 PM. Christmas shopping can wait. These share tips are too hot. They can't!
Published 900 days ago
Yesterday I published extracts from leaked emails that show that Advanced Oncotherapy (AVO ) kept very bad news regarding China contracts from investors as it launched and conducted an open offer. That is monumentally serious. In the US folks would already be doing a perp walk fort that but even our useless regulators will do something here. In normal circumstances the company would issue a response via RNS but here we are a day and a half later and even though the shares slumped yesterday and are sliding again today we hear only a deafening silence.
Published 902 days ago
The emails I referred to in Friday's bearcast have landed. Clearly my prayers on Friday night were heard. Thank you God. I have now completed the article which will expose on AIM company to the most almighty scrutiny and fallout. I want to sleep on it before publishing at some stage tomorrow. But here's a hint!
Published 905 days ago
I bloody well told you all that that Corvus Capital, the vehicle of uber-dodgy Andrew Regan had dumped all its shares in Cloudtag (CTAG) onto bulletin board morons ages ago. Natch the morons denied it all, insisting that the "visionary" Regan was still on board. Uh oh...Cloudtag has fessed up. Another small victory for the Sheriff of AIM.
Published 906 days ago
Yesterday I pointed out that the FRAUD African Potash (AFPO) had applied to join the ISDX lobster pot as of December 8, the day its shares will be suspended on the AIM Casino if no Nomad is prepared to act for it, Cantor Fitzgerald having tired of signing off on its lies. I also pointed out that lyin' Chris Cleverley had failed to tell his shareholders. Today Potash fessed up..but it gets worse.
Published 908 days ago
Over the weekend I urged AIM Regulation and the FCA to open a formal enquiry into market abuse and securities fraud by the AIM uber-fraud Cloudtag (CTAG). This morning I have sent an urgent missive to AIM Regulation and its hapless boss Marcus Stuttard asking why Cloudtag is not being forced to postpone its General Meeting allowing it to issue more shares.
Published 908 days ago
"Lorne Daniel at FinnCap, PR man Reg Hoare, Nomad Ed Frisby, Broker Joanna Scott, Edison Research, Proactive Investors we have beaten them all, we have beaten them all!. Paul Scott can you hear me? Paul Scott ... your boys took a hell of a beating! Your boys took a hell of a beating!" Yes The Sheriff of AIM is again 100% vindicated and it is ouzo o'clock already thanks to dog TrakM8 (TRAK)! But where next for the shares? All is discussed in full in this bonus podcast.
Published 909 days ago
You may remember that some Cloudtag (CTAG) owning moron contacted the FCA to demand that they shut me down. Oddly that seems to have come to nothing. But the regulators at Canary Wharf as well as Marcus Stuttard's team of Keystone Cops at AIM Regulation must be awqare of this fraudulent company by now. I have today written to both showing the clear evidence that Cloudtag has committed market abuse and fraud and demanding that a formal investigation be opened at once into the company AND its Nomad Cairn Financial. And here is why, as I publish the letter in full.
Published 910 days ago
Yesterday shares in Advanced Oncotherapy (AVO) plunged after it fessed up that a critical deal worth up to $120 million with a Chinese entity had encountered problems. Those who backed a big fundraise just weeks ago are already 26% down. But the incident begs massive questions about the timeline of disclosure and RNS statements that appear to be utterly untrue. I have written to the FCA & AIM Regulation, as this appears to be market abuse, outlining my very specific concerns and demanding an urgent enquiry and, if appropriate, that sanction be taken against those responsible. The letter is below:
Published 914 days ago
Earlier today I broke the news that Finnaust (FAM) was trying to get a £7 million placing away at 7p HERE. The company has now fessed up that a placing is underway but it says that it is only trying to raise £5 million. I guess that the roadshow is not going so well then. Maybe broker SP Angel should have put out a 68 page ramptastic buy note ahead of passing round the begging bowl not just a 34 page one?
Published 929 days ago
That was an easy pull down of the shysters at Mosman Oil & Gas (MSMN) lead by Andy Carroll. Is it too early for a celebratory ouzo? Perhaps hapless Nomad SP Angel should send a case of ouzo to the Sheriff of AIM to thank me for doing its job for it? At the weekend I exposed how Mosman has mislead investors for more than a year HERE. This morning it fessed up:
Published 934 days ago
It is just over a year since my pal David Lenigas, listed Leni Gas Cuba (LGC) on ISDX. It has subsequently undertaken a reverse takeoverof Knowlton Capital on 12 July 2016 to obtain a listing on the Toronto TSX Venture Exchange. Following the recent publication of its results, I decided to have a butchers. To be fair to Lenigas, he has made one cracking investment. But the overall picture is ...mixed.
Published 935 days ago
There is no explanation at all given for today's resignation, with immediate effect, of Lord David Evans from the board of Advanced Oncotherapy (AVO). If it had been planned, as a result of illness or some other matter, it would have been announced with other board changes on October 10 and 27. Make no mistake: the reason that Evans has "resigned" is my scoop of 6 days ago regarding his share dealings - Congratulations you Blairite low life you have met The Sheriff of AIM.
Published 944 days ago
There are two stories that you should be reading this week: one from the top 10 - Cloudtag and the guaranteed $5.2 million order that is not going to happen - think Christmas which is as big a slap to the noggin to the morons as can be given. The other is READ THIS NOW: Give Woodlarks a few quid today to transform someone's Christmas. Whether you had a profitable year or a lamentable one, read this and make your own Karma account will get a bonus.
Published 948 days ago
Oh dear it may well be ouzo o'clock round at Sheriff Towers if not all round coke & hookers time, as it has just been pointed out that one of those silly folks who made the mistake of trying it on with legal threats appears to be in a spot of bother. Congratulations, you have just met the Sheriff of AIM....
Published 950 days ago
Today is a very dark day indeed for AIM as the scale of the white collar crime at New World Oil & Gas under its former management team has become clear. That former directors should be investigated by the SFO and others is clear. But AIM Regulation must act quickly to cut one cancer out of the system, it must stop Roland "Fatty" Cornish individually and his firm Beaumont Cornish from ever acting as a Nomad again. I urge you to email the boss of AIM Regulation Marcus Stuttard demanding this happen and suggest what to write below. You can email Marcus at
Published 954 days ago
Gable and its loathsome scumbag gives capitalism a bad name CEO WIlliam Dewsall have yet to inform shareholders of the latest bad news but bad news there is aplenty. According to the publication Insurance Age, Gable Insurance AG was placed into administration by the Lichtenstein Regulator
Published 992 days ago
I read with alarm the deluge of shocking revelations regarding AIM-listed African Potash (AFPO) from the Sheriff of AIM, Tom Winnifrith. The most recent – and possibly most surreal – development was the lawyers’ letter from the twice-bitten-but-still-not-shy Memery Crystal on behalf of its client, Potash. Tom Winnifrith has already suggested that the letter makes a number of stunning admissions, but in my view the implications of the African Potash affair for Nomad Cantor Fitzgerald Europe need to be addressed urgently.
Published 995 days ago
I have today published the lawyers letter sent by Memery Crystal - lawyers to Globo - but which also acts for the fraudsters African Potash (AFPO) demanding money from me, trying to gag me but also admitting that its client has committed securities fraud. The letter also implies that Nomad Cantor Fitzgerald approved releases (and lack of releases) which meant investors in a placing on 12 January 2016 were utterly deceived as to the trading position at Potash. And that is a clear cut case of fraud. But will Marcus Stuttard, the head of AIM Regulation do anything about it or is fraud now acceptable on AIM? I have written to the man who basks in the title "The Sheriff of AIM" as you can see below.
Published 1001 days ago
Firstly I untangle Friday's RNS from lyin' Chris Cleverley and the fraudsters at African Potash (AFPO) - folks you need to do the maths! Then I explain why, as at next Thursday, this fruadulent, out of cash piece of Turkish is screwed. The countdown is on as Katrina Clayton knows full well and the the full posse is in pursuit. Congratulations lying Chris..you have just met the Sheriff of AIM. Football fans will understand the phrase - should I get a calling card made?
Published 1022 days ago
Yesterday I exposed the scoundrels at AIM dog Strat Aero with the publication of a 338 page Texas legal disposition containing emails and other evidence that is damning. Not only does this show that Strat is up to no good and thus faces a very real chance of losing the $20 million claim against it and its officers, but it also casts a light on the sordid goings on on the AIM Cesspit. The Strat response is so offensively bad that it merits a declaration of war from the Sheriff of AIM on this piece of Turkish. Strat, as a PLC, you are a dead man walking...you are toast.
Published 1038 days ago
Oh dear, oh dear, oh dear., if my father had not drunk it all, it would be another ouzo moment for the Sheriff of AIM with news that Ingenie Canada is no more. We have been warning for ages that the Toronto based frauds of Rob Terry were falling apart but Watchstone Group (WTG), the rebranded Quindell has been in denial. There you go.
Published 1045 days ago
Its apology time. To all those morons who have berated me for being a Gulf Keystone (GKP) bear from 180p down it is time to apologise. Today, Paul Curtis and the GKP barmy army have suffered the final kick in the gonads with news of a massive debt for equity swap which sees near total equity wipeout. Its ouzo O'clock for the Sheriff of AIM who awaits the apologies.
Published 1086 days ago
The BBC could not get enough of Piers Linney as a Dragon on the Den. Black, working class and from the North the chap was, we were told, worth £100 million. If only he'd been in a wheelchair and a lesbian and the Beeb would have got the full Politically Correct suite but heck Piers was "minority" enough and the State Funded broadcaster creamed itself. Sadly it was all a myth.
Published 1097 days ago
I have an idea what Ryanair (RYA) supremo Michael O’Leary might say to this idea but reading through his company’s full year update today I could not help but think that it is time to buy EasyJet (EZJ).
Published 1128 days ago
Shareholders in African Potash (AFPO) should be on the warpath. Not with myself and Lucian who they have, to date, berated for pointing out what a piece of Turkish this company is. But with its management for issuing statements which are just not true - as explained HERE. Following my earlier article I have now asked AIM Regulation to launch a formal enquiry into both Potash and also its Nomad, Cantor Fitzgerald, which signed off on its RNS statements having somehow verified them as true. The letter reads:
Published 1139 days ago
Oh happy days, oh happy days! Darren Winters the snake oil salesman who cons punters out of tens of thousands of pounds for his worthless stockmarket Win Investing courses has suffered another courtroom thrashing at the hands of the foxy legals, the lawyers who work with the Sheriff of AIM in tackling white collar villains. The foxy's remain undefeated in the Sheriff's wars, Winters is again shown for the scumbag he is - the case ( again) is Miss L.
Published 1177 days ago
We have for some time suggested that offshore energy services business SeaEnergy (SEA) was a bargepole stock. The company has pretended otherwise, by taking on more debt and by issuing infuriating releases about how shareholders were funding management to go get pissed at black tie awards ceremonies. Today, SeaEnergy fessed up: The Sheriff & Deputy Sheriff of AIM were right all along. We usually are.
Published 1182 days ago
We have today penned an open letter to George Osborne regarding the ever-growing scandal of the ShareProphets AIM-China Filthy Forty. Mr Osborne, you will remember, is keen to see greater links forged between the London and Chinese markets. Under the circumstances we are deeply concerned about this and call for a full investigation.
Published 1185 days ago
My only problem is that I have run out of ouzo. Call it poor Phorm (PHRM) but I am thus unable to celebrate the AIM Casino suspension of trading in shares in another POS company in the traditional manner. I shall have to make do with neat orange juice.
Published 1200 days ago
It seems that folks round at Servision (SEV) the AIM Casino listed company with atrocious revenue recognition policies, a track record of issuing RNS contract wins that turn out not to be true and which is heading for insolvency, don't like me very much. You know what? I don't like POS Servision for all the reasons demonstrated HERE. But the Servision chaps want to fight back.
Published 1201 days ago
Following the horrific revelations about AIM Casino listed Eden Research (EDEN) on this website HERE and HERE yesterday I have now written to AIM Regulation demanding an immediate investigation and the suspension of trading in the shares of this worthless company. The letter reads.
Published 1216 days ago
"David Lenigas, Yusuf Kajee, Paul de Robillard, Spin Doctor David Bick, Nomad Cairn Financial we have beaten them all, we have beaten them all! Jabba The Hutt, can you hear me? Jabba The Hutt... your Afriag boys took a hell of a beating! Your boys took a hell of a beating!" Yes, Afriag PLC (AFRI) has just announced that it is leaving the AIM Casino and will now only be listed on the ISDX lobster pot and its shares are collapsing. It's ouzo O'Clock for the Sheriff of AIM once again as more bad guys are driven out of town.
Published 1235 days ago
A extra bag of crisps for The Deputy Sheriff of AIM for spotting a bit of a rule breach by ailing Wandisco (WAND). Given that it is almost out of cash and that insolvency looms if it cant get a rescue bailout underway, perhaps this is just a minor distraction?
Published 1236 days ago
As we revealed here our poll on the stockmarket villain of the year 2015 was rigged by someone in Manchester voting numerous times from the same ISP, encouraged by the lying criminal Chris Oil. And so we have three potential villains of the year.
Published 1237 days ago
Readers of this website were repeatedly warned that AIM Casino listed Touchstone Gold (TGL) was a POS ahead of its July 1 2015 suspension. Today the company has been formally booted off the casino in a statement which shows what a total shambles this enterprise was. The curst of Steve Berry lasted well after his "departure"
Published 1241 days ago
Happy New Year to you all, I hope that you have a wild party tonight. Remember kids, if someone tries to sell you drugs just say no. You should always try to get drugs for free. Only kidding. Thanks to today's news about Pirate Pete Landau I am in a good mood. You send the Sheriff of AIM lawyers letters and karma is going to get you in the end. My good mood is compounded by diabolical interims from the David Lenigas boiler room operation Inspirit (INSP). It really is in the merde. I discuss companies that leave it to the wire to report.
Published 1250 days ago
I will now demonstrate how LGO Energy (LGO) appears to have mislead investors in a cavalier and wilful fashion on a very material transaction and fund raise in 2014. It appears to have breached AIM Rule 11 flagrantly but does anyone care any more? Is the Sheriff of AIM the only person left who actually reads the AIM Rule book and takes it seriously?
Published 1251 days ago
This morning fat Aussie share ramper David Lenigas has, without warning, resigned from the boards of all five AIM Casino Companies on which he sat: Inspirit (INSP), Afriag (AFRI), Rare Earth Minerals (REM), Bacanora (BCN) and Evocutis (EVO). Why?
Published 1269 days ago
Today's From Athens with Love report from ShareProphets sent shares in Greece based AIM listed InternetQ (INTQ) tumbling by more than 50% at one point. Finally we get a weedy but all to predictable response and on the back of it I have cut my target price (for the whole company) from 1 drachma to half a drachma.
Published 1304 days ago
What a great start to the day. Arian Silver (AGQ) - which I have warned folks about time and time and time again see HERE - has seen its shares suspended pending clarification. To the PR dickhead Barretto of Yellow Jersey PR who told me “why can’t you say buy like the other tipsters” I say because it was an overvalued POS now it is a worthless POS. For you Barretto you prize witless tosser:
Published 1310 days ago
Shares in CEB Resources (CEB) are suspended on AIM ahead of an announcement on Monday. That is because its CEO Dave Whitby revealed a stack of price sensitive data including news that an RTO was planned in a podcast on ADVFN with Justin the Clown Yesterday. Flip Flop Ben Turney is so busy blowing smoke up the arse of Whitby that he may wish to ignore this. Whitby has broken insider dealing laws and a stack of AIM Rules. He should be sacked at once, barred from AIM and prosecuted. If you want to clean up AIM you deal with those who break the laws. Whitby has broken the laws. The Sheriff of AIM is getting a noose ready...
Published 1311 days ago
It is ouzo O'Clock for the Sheriff of AIM. At the last minute Julian Hamilton Barns and Athabasca Resources have pulled out of their attempt to injunct me, to have articles withdrawn and to gag me. That means:
Published 1316 days ago
Time and time again I have warned you that AIM listed Rightster (RSTR) was a wrongster, an accident waiting to run out of cash. An announcement on Friday must go up as another win for the Sheriff, it is five minutes to goodnight Charlie for shareholders.
Published 1320 days ago
After last night’s documentary on the BBC David Lenigas responded by sending me emails at 3.43 AM and 3.47 AM and by tweeting personal abuse. He did not answer questions about how he & Steve Sanderson ramped shares in UK Oil & Gas (UKOG) with unjustifiable claims about Horse Hill. Big Dave you want war? Ok tell me about Mick Shemasian.
Published 1321 days ago
A letter received today from the Financial Reporting Council confirms that it extended its enquiries into the fraud at Quindell (QPP) to take in a wider remit as a direct result of my action. I am thanked for this and it gets better still.
Published 1328 days ago
Investing does not have to be hard. If you see a company with a weak balance sheet and burning cash you should expect a placing. And so I warned numerous times in recent weeks (notably HERE) that a placing was imminent at LGO Energy (LGO). The head in sand denial was predictable, I await the apologies. Big David Lenigas should be first in line.
Published 1329 days ago
I though that we had reached peak Tom when he had written 8 out of the top-ten articles last week on his sabbatical. But no, Fortuna always rolls for the big win, and this week the Sheriff of AIM has actually written 10 out of the top-ten articles. On. His. Sabbatical.
Published 1334 days ago
Quindell (QPP) fraudster Rob Terry told deluded followers of his new Ponzi Knob Park Estates that shares in Daniel Stewart (DAN) are worth 4.2p possibly 10p. Oh dear. They closed today at 1.4p (off 6.7%% for some reason) and well after hours we got a dire profits (or rather lack of profits) warning.
Published 1345 days ago
In today's podcast I celebate Fiji - come on guys, the Celtic World expects. Then onto how Goldman Sachs got the FOMC to carry on blowing bubbles and the to the farce carry on up the Sefton (SER) - Raylene Whitford has quit. Then to New World Oil & Gas (NEW), Ferrexpro (FXPO), Arian Silver (AGQ), Monitise (MONI), Metals Exploration (MTL) and LGO Energy (LGO - The Sheriff of AIM vindicated once again
Published 1363 days ago
Over the past two weeks we have unearthed details of how senior WH Ireland (WHI) Stockbroker John Molyneux (now suddenly retired) systematically stiffed those with discretionary accounts into duff penny stocks, usually corporate clients. So far one 78 year old who lost c£330,000 has been given compensation of £150,000 – but this may be the tip of the iceberg. So I have written to Business Secretary Sajid Javid asking him to intervene urgently.
Published 1364 days ago
Yesterday, in a Bearcast special, I explained why the circular published by AIM Cesspit posterboy Hotel Corp (HCP) at no-one is watching O’Clock on Friday contained slam dunk lies designed to mislead investors into not voting out fat cat crony capitalist tax-haven dwelling chairman Derek Short. Today I have written to the company’s Nomad, Simon Clements of Sanlam demanding that the circular be withdrawn and that the directors be censured. In case Mr Clements dithers I am cc’ing AIM Regulation and the FCA to ask them to force his hand.
Published 1368 days ago
On Monday I stated that an RNS from AIM Cesspit listed Eden Research stank to high heaven. A quite bizarre exchange of emails has followed as more has emerged about that pongy deal with Eden just refusing to answer basic questions.
Published 1378 days ago
Yesterday I raised the issue of the Bahamas based market manipulators LOM Capital which had a 2.15% stake in Quindell after its RTO onto AIM on May 17 2011. Hat tip to a reader from the grim post-industrial Northern welfare safaris for taking this matter further but we are now left with new questions for the fraudster Rob Terry.
Published 1382 days ago
Yesterday we demonstrated quite clearly (HERE) why Camkids (CAMK) has committed accounting fraud and why the statement of yesterday just does not add up. We have been saying that this company is a fraud for months and months and that is now clear to all. The local auditors of Camkids and the now delisted fraud Naibu acted for three other AIM stocks, one of which is JQW (JQW). The other was Sorbic International, a now delisted fraud. JQW is also a fraud and we call for an immediate suspension of its shares as well.
Published 1383 days ago
Earlier today we demonstrated quite clearly (HERE) why Camkids (CAMK) has committed accounting fraud and why the statement of yesterday just does not add up. We have been saying that this company is a fraud for months and months and that is now clear to all. The local auditors of Camkids and the now delisted fraud Naibu acted for two other AIM stocks, one of which is Jiasen (JSI). It is also a fraud and we call for an immediate suspension of its shares as well.
Published 1383 days ago
Earlier today Nigel Somerville and Tom Winnifrith demonstrated quite clearly (HERE) why Camkids (CAMK) has committed accounting fraud and why the statement of yesterday just does not add up. We have been saying that this company is a fraud for months and months and that is now clear to all. Now it is time for Nomad Allenby to show principle and quit on the spot and if it is so desperate for fees that it will not for AIM Regulation to force a suspension. We explain why in this open letter:
Published 1385 days ago
This week’s disclosures by Quindell (QPP) have shown conclusively that the gargantuan body of work which started back in April 2013 by ourselves and colleagues at ShareProphets was on the button. Along the way there were allegations of securities fraud, accounting fraud, VAT fraud, insider dealing, market abuse in what is simply a staggering litany of revelations. The evidence was passed to the FCA, AIM Regulation, the SFO and others in a series of submissions going back to April 2014. Yet the FCA and AIM Regulation utterly failed to act on the evidence handed over. The FCA took until June of this year to open an investigation – we rather suspect because of a me-too response, once it was known that the SFO was involved and that the Financial Reporting Council (FRC) had been looking at Quindell. AIM has yet to confirm any actions beyond a spot of belated flag-waving.
Published 1385 days ago
I had a good chuckle at Ben Turney’s ShareProphets Translation Service piece (HERE) covering the formal statement issued by AIM Regulation regarding the biggest stock market fraud the UK has seen in thirty years, otherwise known as Quindell. I am not laughing now. Wednesday’s statement from AIM Regulation proves once and for all that it is just a sham designed to lure investors into a false belief that the LSE’s junior market is policed. It is a front, and an affront.
Published 1400 days ago
Today Tom Winnifrith is finally leaving on sabbatical, leaving me in charge of the editorial role at ShareProphets. As he explained in yesterday's bearcast, the handover period is now over and for reasons we all understand he is now taking a break from writing.
Published 1405 days ago
I have this morning from the train contacted the Financial Reporting Council, AIM Regulation and the FCA regarding the 2012 and 2013 accounts of Daniel Stewart PLC regarding the issue I raised yesterday HERE. It has long been my contention that DS is not fit to be a listed company and in that spirit I have asked that its accounting which appears, at best, to be aggressive, be formally investigated. The letter follows.
Published 1423 days ago
What a great day. Lord Michael Howard tightens the noose for Rob Terry and the Quindell (QPP) fraudsters HERE and then China fraud Jiasen says there is no reason for its share price fall. Er...I think we can all think of one can we not? Then on to JQW, China Chaintek and Camkids - watch out fella's the Sheriff of AIM is gonna get you. Ditto Phorm which is next up followed by Iofina. there is comment on Premaitha. Then onto how I dont take bribes from companies to write nice things either directly or via UK Investor Show as a Northern slum dweller seems to think. Finally there is an expose of the POS that is CIC Gold and on the scumbags behind it.
Published 1427 days ago
I am reminded of an old story – I think as told by Alan Coren on the BBC Radio 4 show, The News Quiz – of a man who called the police in the dead of night to report that there was a burglar in his garden shed stealing his tools. He was told that there wasn’t much could be done about it as there was nobody available to attend. A few minutes later the man phoned back to say that it was alright now, because he had shot the intruder. Within minutes his house was crawling with armed police and helicopters swirled the sky above. The burglar was arrested, unharmed. Afterwards, the police chief said to the man ‘I thought you said you had shot him’. The man replied ‘I thought you said there was nobody available to attend’.
Published 1439 days ago
Earlier today I revealed in yet another scoop that POS China AIM listed company Auhua (ACE) was planning a placing at just 4p when its shares were trading at 13-15p. The discount told you everything. Broker WH Ireland knows this is just a shite investment and the only folks who will support it are flippers. And now Auhua has fessed up - the Sheriff was right. Yet again. Auhua states:
Published 1461 days ago
Naibu (NBU) joined the AIM Casino on April 5 2012 and from that day to the bitter end it always insisted that it had zero debt and cash of c£40 million. That was, as I shall demonstrate below, one monstrous lie. And this now brngs to the fore the whole issue of all the other China frauds on AIM claiming to be drowning in cash and debt free and the pathetic regulation of this whole shambles.
Published 1491 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.
Published 1494 days ago
On April 29th the London Stock Exchange (LSE) holds its AGM and this is a call to arms to all you peasants out there, that is to say ordinary decent private investors who have been shafted and screwed by the way that the LSE has mismanaged AIM turning it into a crime infested casino. It is time to hold the Board of the LSE to account.
Published 1503 days ago
Ok I am up for it. In response to popular demand I will be coming up to London on April 29th in order to attend the London Stock Exchange (LSE) AGM to give the useless tossers in charge a hard time about fraud on AIM, both Chinese and otherwise. Lucian Miers is up for it, anyone else fancy a bunfight followed by pizza.
Published 1504 days ago
Whaddya think? Lucian Miers reckons that we should both buy a few shares (and this time I will have full documentation) and head along to the London Stock Exchange (LSE) AGM on April 29th to pick a fight over Naibu (NBU) and the other China frauds. Should we go?
Published 1518 days ago
Enough is enough. Tom Winnifrith’s revelation that EFH has dumped the entire holding of 2.25 million shares transferred to it by Cloudbuy (CBUY) Chairman Ronald Duncan is shocking. It makes a total mockery of the disclosure requirements demanded by the FCA and AIM Regulation and as such I have today written an open letter to the heads of those two bodies, Mr Marcus Stuttard and Mr Martin Wheatley.
Published 1522 days ago
I recently had a rant about AIM fraud Naibu (NBU), pointing out the profoundly depressing fact that it is only when the monthly retainers paid by the fraudsters to the UK non-executives,(in this case Giles Elliott and David Thomas: remember the names) dry up as the last of the money is stolen, that any action is taken: in this case the suspension of the shares and an admission that the CEO has disappeared (apparently he is in prison)
Published 1523 days ago
I wrote an open letter to Emma Kane, the boss of PR group Redleaf Polhill (employer of foxy Bex) over the weekend prompted by grave concerns about a client of that firm which I shall now name, The House of Britannia (listed on GXG). You thought no-one in PR had any principle, think again. And its another small win for the Sheriff.
Published 1524 days ago
The placing song is back again as crony capitalist Steve Berry issues another joke of an RNS for Touchstone Gold. The podcast also covers Clean Air Power (CAP) where surely there is an R missing in the epic, SpaceandPeople, Egdon, Europa Oil & Gas and an update on the latest legal proceedings against The Sheriff of AIM and some comments on my over-optimistic pal Malcolm Stacey and his take on the markets
Published 1526 days ago
ZAI Corporate Finance & Big Ray Zimmerman are squarely in the frame regarding the fraud Naibu (NBU) but in my view it is former advisor Daniel Stewart and its then lead Qualifying Executive (QE) Mr Paul Shackleton who are most culpable and I have today written to the FCA and AIM Regulation asking that both be investigated and punished most severely for their role in allowing the continuation of a fraud that has cost investors millions of pounds.
Published 1531 days ago
In response to popular demand the "Steve Berry, crony capitalist, placing song" gets another airing. In this podcast I also cover Quindell, Afren, Premaitha (which RMPC owns), Mosman Oil & Gas, Berry's POS Touchstone Gold, Coms and Alba Minerals
Published 1538 days ago
My first meeting with my barrister as I seek to have the Aiden Earley injunction lifted is on Monday afternoon and will cost £1000 +VAT. My lawyers’ fees are already in excess of that. The hearing at the High Court on Wednesday will cost several thousand pounds and so I ask for your URGENT help in getting this injunction lifted so we can expose more stock market crime.
Published 1542 days ago
Yesterday Worthington (WRN) shadow director Aiden Earley obtained an interim injunction against me and I expect it to be served today and that will, until March 11, stop me using any emails or documents attached to emails. It does not stop me using other sourced material and thus we now turn to how Aiden Earley’s sister appeared to be earning so much from this fraud.
Published 1546 days ago
Yes you read the headline correctly. The CEO of an AIM listed company has been languishing in prison since mid-November and no-one has been told about it. Two Nomads, the non-execs, AIM Regulation you stand accused of contributing to the darkest hour of the Casino. Anyone who has bought shares since the incarceration you know who to sue. Surely heads must roll?
Published 1547 days ago
On 4 February 2013 I advised selling Boabob (BAO) Resources at 35.75p arguing that the valuation was crackers given the financing risks. Today the company has said that it will de-list and if shareholders wish to sell then the largest shareholder Redbird will offer 6p per share. Oh dear, another win for Tom Winnifrith versus the morons.
Published 1550 days ago
I have just taken a call from Lavender Hill Police station because crony capitalist Angus Forrest of POS Company Tern (TERN) has reported me for harassment. I had a great chat with a very nice police officer who said that the case was no closed and that Mr Forrest would be told “there is no case”.
Published 1550 days ago
On Monday 22 February the fraud Quindell (QPP) put out a statement that misled investors as to the status of its discussions with Slater & Gordon as to the sale of QLS. Slater and Gordon was forced to clarify the situation with its own statement. Shares soared on the Quenron RNS but retreated as S&G revealed the truth. As such this begs the real question as to whether David Currie, the chairman of Quenron and old pal of Mr Robert Simon Terry, is guilty of market abuse. I have written to the FCA today asking it to launch a formal enquiry.
Published 1550 days ago
A regular bearcast follows later but please allow me to celebrate two big vindications. Dolphin Capital (DCI) was the first company to send me a lawyers letter in my new role - August 2012. Its entire board has just left. I am still here. I dance on the graves of their corporate careers. Next up Coms (COMS) which has just issued a dire profits warning and worse. I have been warning you about this for months to general abuse from Bulletin Board Morons. Perhaps for all the smears, harassment and abuse they might care to form an orderly line to apologise - yet again. The Sheriff of AIM was right yet again, the morons wrong. When will they learn?
Published 1552 days ago
Mariana Resources (MARL) has today announced that it has raised £1.8 million at 1.6p. Its CEO Glenn Parsons is a prize shit and this company now goes on the ShareProphets bargepole list – this is war. Let me explain why the Sheriff of AIM is now on the warpath.
Published 1553 days ago
AIM is owned by the London Stock Exchange and regards itself as the junior market for the world. I regard it as a casino and its regulation department headed up by Marcus Stuttard, the self-styled Sheriff of AIM, as the biggest joke in London. I now have a shocking revelation for you which exposes the conflict of interest which will destroy what little credibility the casino still has.
Published 1553 days ago
Oh dear, a Nomad who was approached by Equities First Holdings LLC urging it to get its corporate clients to engage in its dodgy share trades has come forward and revealed that brown envelopes were involved. So which Nomad or Nomads have taken one and is this not a conflict of interest?
Published 1557 days ago
The statement today from Naibu (NBU) is comedy. This is such a slam dunk fraud I cannot see why we bother pretending otherwise. The tragedy is that with the shares still suspended investors face a 100% wipe-out. I turn to the statement and also to the roll of shame and how this MUST BE CAREER ENDING for some folks if AIM Regulation is to retain any credibility. Are you reading Marcus Stuttard, the phoney “Sheriff of AIM”? The Real Sheriff has a message for you too. Let’s start with the statement which comes after a suspension on January 9 as the NEDS sough clarification of Naibu’s financial position.
Published 1560 days ago
I have still not received a formal claim from libel from Worthington (WRN) but just to give the fraudsters a taste of who and what they are up against here is a quite damning leaked email which shows that company funds are not being used properly and that Worthington lies to its investors. Boy this is fun and The Sheriff of AIM has a lot more where this came from.
Published 1561 days ago
This is the start of what will be a long series relating to the abject fraud that is Worthington (WRN). Please can the company note that The Sheriff of AIM responds to letters from bully boy lawyers not with silence but by publishing more. The first confidential letter from your two bit lawyer will be displayed in the urinals at Free Speech & Liberty Pizza as of monday. Literally, I am going to piss all over you guys.
Published 1561 days ago
The Deputy Sheriff’s Office is in a state of perplexed confusion. Quite what to make of what follows is, well, stretching sanity. It concerns a subsidiary company of Alpha Returns Group plc (ARGP) called Shidu Investments Ltd, which was formed in Apr 2012 and by Apr 2013 was wholly owned by the plc. As such, it had to file full annual accounts, but only filed abbreviated accounts to Companies House. Hang on to your hats, this is not an easy read – but it is shocking. Oh, the stench….
Published 1570 days ago
A jolly old romp around the AIM casino today dedicated to "The Sheriff of AIM" Mr Marcus Studdart who has made the casino the most respected exchange in the known universe. Not. In this podcast I look at Afren, Hunter Resources, ValiRx, Igas, Pressure Technology, Premier Farnell, Tomco, Corero and Infrastrata
Published 1572 days ago
1Spatial (SPA) a well-run firm on the AIM casino has today announced the immediate departure of its chairman, crony capitalist Steve Berry. This follows a series of revelations such as THIS about his activities elsewhere at POS and Touchstone Gold (TGL). While The Sheriff of AIM celebrates another scalp, our resident in house poet, EJ has dashed off an offering: In Memoriam Steve Berry.
Published 1574 days ago
Earlier this week I asked if the Board of AIM listed Rangers FC could justify why it had rejected two refinancings in favour of a third proposal put forward by a major shareholder in the club Mr. Michael Ashley. The Board of Rangers FC (RFC) is dominated by business associates of Mr. Ashley. Can Rangers show paperwork to justify its decisions and therefore show that it did not breach Section 994 of the 2006 Companies Act? Rangers has not responded. And so today I have written to AIM Regulation Team asking it to investigate
Published 1576 days ago
It is now three weeks since shares in Naibu (NBU) were suspended from the AIM casino pending clarification of its financial position, notwithstanding the fact that it claimed to be profitable, cash generative and to have net cash of £32 million – a multiple of its market cap. In light of this I have again written to Big Ray Zimmerman of ZAI Corporate Finance, Nomad to this fraud because the implications of the fraud are severe for not only Naibu but also ZAI, Daniel Stewart (DAN) and the other members of the Fujian four – China Chaintek (CTEK), Camkids (CAMK) and Jiasen (JSI). Plus for good measure JQW (JQW).
Published 1584 days ago
Shares in the fraud Naibu (NBU) were finally suspended on the AIM casino on 9 January 2015 after the NEDS woke up and requested clarification of the financial position of a company claiming to be cash generative and drowning in cash. How long does it take to check this out? What next?
Published 1588 days ago
A number of documents have surfaced relating to the smear campaign orchestrated by the former managers of Sefton Resources (SER) to discredit myself and Brokerman Dan as it pursued (and lost) a libel action against us.
Published 1592 days ago
Jim Sutcliffe is the deputy chairman designate of Quindell (QPP) and is also a Fellow of the Institute and Faculty of Actuaries and in that spirit I have written him a letter which was emailed over today. Let’s see what he says. But I pose a tough question or two for lucky Jim.
Published 1600 days ago
For over a year I have been providing the regulators with a chapter and verse dossier of breaches, lies, misrepresentations, incorrect filings, missing RNSs, market abuses, contract breaches and a whole lot more besides with regard to the collapse of Digital Learning Marketplace (DLM) in 2012. They were warned that it would all happen again unless they acted. They have not. And so, in the wake of an utter scandal at Tern (TERN) which, one way or another, involves almost ALL of the protagonists from the DLM scandal I have written an open letter to the chief executive of the FCA, Mr Martin Wheatley and to the head of AIM, Mr Marcus Stuttard. The latter, laughably, describes himself as The Sheriff of AIM. I think we all know that he is an imposter and who is the real Sheriff.
Published 1601 days ago
Deputy Sheriff of AIM, Nigel Somerville has just published evidence of total horrors at Tern (TERN) - HERE - which will cause private punters awful one month losses. The crony capitalists meanwhile get to enjoy coke and hookers all round. This is, at best, grotesque negligence and at worst it is outright deception. Heads must roll for this AIM Casino omnishambles.
Published 1605 days ago
It is a special Bearcast as I make a number of Sheriff of AIM New Year Resolutions. And then I go onto to explain why the following are the least wanted men on the AIM Casino and what I plan to do about it to make their working lives a living hell in 2015:
Published 1609 days ago
Bizarre or what? On 23rd December 2014 I put in a call to Mrs Helen Cutler of ACH Management Services Ltd, the Quenron subsidiary formerly known as RTA Management Services. This was the company that Quenron CEO Rob Fielding set up in December 2013 (costing him £68.40 inc VAT) and then sold to Quindell on 14 January 2014 for £2 million as part of the deal with a convicted Nigerian fraudster as revealed HERE on Christmas day.
Published 1614 days ago
Range Resources (RRL) was telling its stockholders by unofficial channels two years ago that its US assets cou;ld be sold for $150 million funding mammoth share buybacks. Today they were sold for $1.4 million. This Bearcast covers the role of Greg Smith in the range tragedy, questions the value of Range's Trinidad assets, points out how Pete Landau misledinvestors and calls on the FCA to investigate Landau for market abuse and to ban him as a director of AIM Casino listed companies. It covers the legal threats I received from him and the spineless approach of other publishers that caused me to set up ShareProphets.
Published 1621 days ago
I have pointed out numerous times that GXG listed US Oil & Gas (USOP) is a worthless POS with joke assets run by liars. Just check the archives on ShareProphets. Wee Brian McDonnell has served up a Christmas treat for us all with an announcement from GXG that trading in the shares has been suspended because of a disorderly market. FFS
Published 1621 days ago
In light of today’s revelation that a Class action is heading towards Quindell, the fraudster Rob Terry and others I have just sent a friendly email to Terry, Laurence Moorse and folks whose firms may well become co-defendants in a class action suit: Peter Shea of Daniel Stewart, Bobbly Hilliam at Cenkos, Emma Kane at RedleafPolhill and Victoria Geoghehan at Bell Pottinger. Gents & ladies it is payback time...hope you all have good lawyers.
Published 1626 days ago
As we know Daniel Stewart will stop being a Nomad tomorrow night and so shares in its clients will be suspended from the AIM Casino unless they get a new Nomad PDQ. So today China Chaintek (CTEK) announced that ZAI Corporate Finance had taken it one. FFS – Alarm Bells vicar? Due diligence? A list of ZAI bargepole stocks is needed now.
Published 1626 days ago
IGAS CEO Andrew “piggy” Austin still has not come clean on his shoddy Equities First Holdings LLC loan/share sale deal – FFS at what price is your margin call piggy? But that is the least of his woes. I reckon that the shares are worth 20p at best (see HERE) but now even his own house broker Canaccord ( yes those mothers of Quenron fame) is flagging up a potential gaping balance sheet issue.
Published 1627 days ago
No apologies but this Bearcast contains strong langauge. Fraudster Rob Terry has dumped nearly all his Quindell (QPP) shares. It is time for the morons to apologise to me as I am now 110% vindicated. I discuss lessons learned (other than do not mess with the Sheriff) and also what folks should do next. Start by apologising to me and my staff then have a measured go at Terry, AIM Regulation, Cenkos, Daniel Stewart, Canaccord and KPMG.
Published 1628 days ago
A podcast extra today on the Modus Operandi of China frauds, on a trading statement from China Chaintek (CTEK) that simply does not make sense and serious questions for Daniel Stewart and Mr Paul Shackleton who signed off on this bollocks. I also cover Naibu (another Shackleton "verified" fraud and Jiasen which also announced a load of cobblers today. Reminder for investors in Chaintek and Naibu the clock is ticking. Shackleton you are now a marked man , the Sheriff is on your case.
Published 1628 days ago
Sam Antar was the finance director at Crazy Eddies, the biggest Wall Street fraud of the 1980s. Sam avoided prison by turning Queen’s evidence (or the US Equivalent). And he has saved his soul by now making his career exposing other fraudsters. In the spirit of Christmas I have some career advice for Laurence Moorse the FD at the fraud Quindell. My letter to Mr Moorse follows.
Published 1636 days ago
I kid you not, someone has just started a thread on ADVFN Quindell the next ten bagger. The Quindell(QPP) morons are in full cry today convinced that a 1p rise in the share price discredits “the blogger” completely and shows that they are on their way to untold wealth. WRONG. Rob Terry is sitting on £7 million because he’s dumped stock, the morons are heading for poverty. So what do you call a group of Quindell shareholders, we asked for your suggestions for the collective noun on Saturday.
Published 1645 days ago
Hat tip to the Deputy Sheriff of AIM for spotting the strange events at Maple Energy (MPLE) a true AIM Cesspit posterboy whose hapless Nomad is - as it happens - Cenkos, the tossers who represent Quindell. Share transactions undertaken by former CEO Tony Hines have a strange Equites First Holdings LLC look to them although they may not be with EFH. In this podcast I look at the nature of those transactions, the reasons why Hines quit and the financial trainwreck that Maple is today. Maple has the smell of death about it. I therefore have seven questions for the poltroons round at Cenkos.
Published 1649 days ago
According to The Times today, the Sheriff of AIM has for the past five years been a fellow called Marcus Stuttard - no offence, phoney Sheriff, but you are useless. You are Inspector Clouseau and your team are the Keystone Cops. You could not spot a felon if I took you on a guided tour of Rob Terry's next home, that is to say Wormwood Scrubs. Your inaction against miscreant Nomads and companies that tell lies and commit fraud is legendary across the globe. That is why the AIM casino is viewed as such a joke. In this podcast I look at how and why Mr Stuttard and his team have failed us all so badly and why they are simply not fit for purpose.
Published 1650 days ago
Tonight is the Real Man Christmas party and please do not let it be said that I am a bad winner or do not have sympathy for my fellow man even if that man is a liar, fraudster and insider dealer like Rob Terry of Quindell (QPP). And so I have just dropped Mr 2+2 can = 5 an email.
Published 1651 days ago
Joel Leonoff, the CEO of Optimal Payments (OPAY) misled investors by selling shares (i.e. transferring title and getting cash) to the hoods at Equities First Holdings LLC. That should be a hanging offence. But worse still he made the transfer when Optimal Payments was in a closed period and so when no directors should trade. Do AIM Rules mean nothing or will AIM regulation Publicly censure Joel or, even better since this is a double offence, force him to stand down at once. I have written a letter to AIM Regulation on this matter.
Published 1652 days ago
The most fraudulent acquisition made by Quenron (QPP) was that of Himex. It really is a worthless POS but has been used to boost profits and cashflows at Quindell simply via fraud. However it will start to unravel by New Year's day and this podcast explains why. DCD Holdings, Rob Terry, Hassan Sadiq and Elizabeth Dawson are you listening to this Cosy (pun, geddit?) little message from the Sheriff of AIM?
Published 1654 days ago
One of the saddest parts of being a financial commentator when you unearth facts which don't quite compliment the belief mechanism of either shareholders or traders. Often the level of misunderstanding is so great that it becomes hard to know where it starts and ends. I'm not going to overload investors today with all the facts but perhaps enough for people to question the presentation of operations, investments and ability of Stellar Resources (STG), an AIM listed creation of David Lenigas.
Published 1656 days ago
Recorded at the ShareProphets seminar on Monday 10th November 2014 The Sheriff of AIM explains when and why the fraud that is Quindell (QPP) will go tits up causing investors to lose 100%. It is all pretty straightforward as frauds go.
Published 1656 days ago
I have been reading and analyzing with great interest the running commentary about Quindell (QPP) and it reminds me very much of a similar case in Denmark involving a very good friend of mine that was roped into investing considerable sums of money into a company that was listed on the Danish stock exchange, that company was called the IT Factory and its auditors were KPMG.
Published 1656 days ago
I previously updated on internet media company blinkx plc (BLNX) a month ago concluding, at 31.75p, that the shares looked a speculation on the company’s ability to deliver a sustainable cash generative recovery, rather than a solid, value investment - see HERE. Currently at 29p, today released interim numbers support that view (as summarised below, red highlighting key negative factors, green key positive contributors), with further analysis to follow. There a lot of red ink here as befits a company that tried to bully the Sheriff of AIM with lawyers letters. That tells you everything.
Published 1656 days ago
I have this morning tried to shake off the most almighty of hangovers caused by the Quenron (QPP) celebrations of last night, by penning an open letter to Cenkos, Nomad ((pro tem) to the fraud Quindell. Cenkos needs to force Quindell to make a statement now regarding margin calls that Rob Terry, Larry Moorse and Steve Scott must be facing.
Published 1658 days ago
Quite simply Robert Terry and Quindell (QPP) have lied to investors engaged in securities and accounting fraud and so Mr Terry is a con man. He has let it be known to the morons that he is going to sue Tom Winnifrith for libel. Tom says "Go ahead, make my day bitchez." He explains why thje fraudster Rob Terry is acting in this way and the various other empty threats he will employ as he tries to flog as many shares as he can before Quenron goes tits up. The Sheriff of AIM is not flinching.
Published 1660 days ago
Louise Cooper of tipsTV decided to have a pop at me in this week's Spectator. Well you silly bitch you have no idea how nasty I can be. I defend myself but go on to show why those in glass houses should not throw stones as I reveal the sordid truth behind her work alongside Zak Mir as an investment prostitute and deceiver of investors at tipsTV in a podcast special. Next time Louise, Sweetie, try to take a cheap shot at someone who deserves it and at someone who is not afraid to fight back. I call this one game, set and match for the Sheriff of AIM.
Published 1661 days ago
I enjoyed another good chat with my pals at AIM Regulation today regarding Quenron (QPP). I know they enjoyed the earlier explosive Bearcast on Quindell and so for them and for the FCA here is a little recap of what we discussed. Dear AIM Regulation, I remain your obedient servant, Tom Winnifrith, The Sheriff of AIM.
Published 1661 days ago
In light of today's shock revelations about the biggest Quenron con yet plus the Securities fraud (HERE) and accounting fraud (HERE) it is a good day to announce the winners of the Rob Terry & Wormwood Scrubs caption contest from Saturday. The standard of entries was high and I had a good chuckle reviewing them all just now as you can do HERE. But the three best were:
Published 1664 days ago
As the stench of death gets ever more ghastly at Quenron (QPP) it seems that every new day this corpse in waiting attracts the attention of a new celebrity bear raider. A couple of weeks ago Muddy Waters chipped in. Today it is the legendary John Hempton of Bronte Capital who has been tweeting words of “encouragement” to the morons. That is before he warns that the shares are going to 0p.
Published 1665 days ago
On Friday we published a photo of a pizza shop at Fort Lauderdale airport which appeared to have provided Rob Terry inspiration when designing the Quenron (QPP ) logo. I asked for captions and the standard of entries was piss poor - no coke and hookers awarded for this one. But the winner is:
Published 1710 days ago
Okay its time for the Bulletin Board Morons to apologise to me YET AGAIN – today’s victory is Monitise (MONI), shares in which have crashed to 31p as Visa has said that it wants out. My 10p target price stands.
Published 1711 days ago
I do hope that someone round at Daniel Stewart, Nomad and Broker to AIM listed China fraud Naibu (NBU) has learned to read Chinese since the crony capitalists FAILED to do adequate due diligence on this POS before it listed. Because I have a little press cutting for you chaps from 2008. If you are not too busy spending the £600,000 you have made in fees from Naibu in the past 18 months you need to read it and then resign at once as Nomad and broker and have the shares suspended. This is a bombshell.
Published 1711 days ago
I hope that Daniel Stewart and upper class twit PR buffoons Abchurch Communications have enjoyed spending the vast fees they have earned in assisting China fraud Naibu (NBU) to list on the AIM Cesspit. And I hope AIM Regulation are ready because at 7 AM the Sheriff of AIM will be breaking news which MUST result in a share suspension if the Casino is to retain any credibility. It is Gotcha time for these bad guys and then we can start moving onto Camkids (CAMK) and China Chaintek (CTEK). Oh.....
Published 1716 days ago
Dr Michael Green is a very, very lucky man. For years he stood should to shoulder with Jim Ellerton and spun many a good yarn about the wonderful potential Sefton Resources (SER) had to offer. Ever the “friend” of private investors, Dr Green was always available to take a telephone call. Always. Tantalising quotes from him blossomed across bulletin boards promising “imminent” riches. There was just one small problem. It was all bullshit.
Published 1724 days ago
Ben Turney has just argued HERE that Marc Sale, the former Technical Director of Patagonia Gold (PGD) - who quit yesterday 24 hours after admitting to 17 undeclared share transactions- should be reappointed to the board. Ben, you are a tolerant and forgiving, nice guy but you could not be more wrong.
Published 1731 days ago
I am currently working on exposing two well-known figures in mining who took far more than backhanders from two separate AIM listed companies. I know what they did I am just awaiting the documents to prove how they stole millions from shareholders. I will get them but one objection I get is “if we help you expose these crooks it will make ALL resource stocks look like they are run by crooks.” Au contraire and that brings me to Afren (AFR)
Published 1733 days ago
Has Quindell (QPP) invested £15 million in its joint venture with the RAC yet? If so how is this accounted for? What is the real net cash position? The market does not know and needs to be informed. As ever, I want to be helpful and so this morning have sent a letter to the finance director at the Quinnovation Group, Mr Laurence Moorse. It reads:
Published 1736 days ago
The reporting standards on AIM are atrocious. For roughly nine to ten months of every year, shareholders in the overwhelming majority of companies are left in the dark as to how their company is performing financially. What scarce information there is, is usually out of date by the time of release. The London Stock Exchange really needs to address this glaring weakness, but so long as it maintains the pretence of operating “the world’s most successful growth market” I doubt anything will be done. Sefton Resources (SER) once again provides a perfect case in point why this issue matters so much.
Published 1736 days ago
I set what I thought was a very easy prize quiz on Friday offering to buy the winner lunch at Real Man. All you had to do was name company xxxx. You all said it was Quindell (QPP). And you were all wrong. Quindell shareholders you should be very frightened.
Published 1737 days ago
The first prize for this quiz is a full lunch with the Sheriff of AIM in October. And its very easy to enter. All you have to do is identify which company the two quotes below refer to. And there is a tie-breaker.
Published 1739 days ago
Aware that one of our number, the Sheriff of AIM, has been kidnapped by evil forces accused of buying worthless companies for large sums of money, the Deputy Sheriff is calling up a Posse to rescue Tom Winnifrith.
Published 1754 days ago
Earlier today I flagged the blatant insider dealing taking place ahead of the Westminster Group (WSG) placing announced yesterday. I have written to the broker to the issue SP Angel calling on it to take firm action to catch the City criminals involved. The letter follows.
Published 1754 days ago
With a hat tip to EJ Thribb from Private Eye, Matt Earl, the Dark Destroyer, has penned a poem in honour of joke China AIM company Naibu (NBU)after its comedy statement of today. It reads:
Published 1764 days ago
Telling investors something that is untrue in an approved announcement (an RNS) as you endeavour to issue shares to raise extra cash is not good. Not only is it a lie but it is an attempt at fraud since you are raising money on the basis of a lie. I hereby accuse Brian McDonnell of US Oil & Gas (USOP) of being a liar and a fraud. He should go to prison. And if it does not resign first thing on Monday its advisers Alexander David Securities is a willing party to that fraud. It should quit at once. Brian can sue me for libel if he wishes but this is a slam dunk. The little crook is exposed.
Published 1771 days ago
I am sure that AIM Regulation now know full well who Phorm (PHRM) PLC are. But following my revelation’s earlier today HERE I have asked my good pals to investigate whether Phorm PLC but also Mirabaud Securities (broker) and Canaccord (Nomad) were guilty of market abuse in 2011 and 2012 or of extreme negligence or both or neither.
Published 1781 days ago
Anyone who was at UK Investor 2014 knows that the Bears session (HERE) saw some great calls. And so ahead of a long sweaty summer I asked Evil Knievil, Matt Earl (The Dark Destroyer) and Lucian Miers for their top 5 shorts of the summer and for good measure I add in my own. Between us we have thus compiled the top ten stocks to short in London!
Published 1781 days ago
Until now bear raider Evil Knievil has been the highest profile supporter of Chinese gym shoe producer Naibu (NBU) arguing that on a PE of c1 and yielding 12% the shares were cheap. However I can reveal that he has seen the light and sold out completely.
Published 1782 days ago
OK so I’m a contrarian and as such I am now long blinkx (BLNX). I bought three times on the day of the crash in my mad punting account. (I have this to remind myself of the pain of self-immolation in trading, so I don’t lose track of my customers.) I bought at 40p, 33p and 29p averaging out at 34.1p. Basically, this is where it sits right now. I think it is going up.
Published 1784 days ago
Last week we asked readers to vote on which company they thought would be next to send a lawyer’s letter to myself, Tom Winnifrith. The readers have spoken clearly - exactly half of those taking part think that Quindell (QPP) is about to piss its shareholders cash away with a legal threat.
Published 1785 days ago
I am glad to say that the steely glare of reality has alighted on a few stocks this week that should be familiar to readers of this site.
Published 1787 days ago
I have flagged to AIM Regulation the numerous failings of Roland “Fatty” Cornish and his Nomad firm Beaumont Cornish. Once again I have written to Regulation today asking it to investigate why Fatty allowed Digital Learning Marketplace to publish as an RNS a total lie in August 2012. My start witness is….Angus Forrest now at Tern PLC (TERN) but then at DLM. Forrest is an honourable man and so has, I suspect inadvertently, dobbed Fatty in to The Sheriff of AIM
Published 1788 days ago
We faced down the bully boy lawyers from blinkx (BLNX) & threats from Bulletin Board Morons to bring you Ben Edelman at UK Investor 2014. At the time the blinkx fan club (step forward Citi– Buy target price 175p, have you guys adjusted that yet?) Bryce Eldercock at the FT, dimwit Harriet Denys at The Telegraph and Roger Lawson of ShareSoc dismissed Ben as saying nothing. You guys all so sure now?
Published 1789 days ago
The Sheriff of AIM is feeling rather fragile today in the wake of the AIM Cesspit awards dinner. Do not expect a great deal of output from me today. I had a good time and think that others did too. The wine and beer flowed freely, Evil and Lucian Miers gave good talks and David Lenigas pitched in with his thoughts on Nomads. A brave Quindell (QPP) shareholder turned up and was teased a bit but took it well. But you want to know who won.
Published 1790 days ago
Outside the palatial offices of City financiers Daniel Stewart I considered a quite bizarre AGM. The chairman had a few problems with his visa so could not be there leaving two hapless NEDs to field questions. I congratulate the Naibu (NBU) shareholders who attended – they seemed a well informed and perceptive bunch.
Published 1790 days ago
Outside the palatial offices of City financiers Daniel Stewart I waited for the massed herds to arrive at the Naibu (NBU) AGM. In the end seven other folks attended. Before going into battle I composed a few thoughts and recorded them on video.
Published 1790 days ago
I met up with Oisin Fanning of San Leon Energy (SLE) some weeks ago and though I liked him greatly I told him point blank that he was overpaid and his interests were thus not aligned with those of shareholders. I made a suggestion and to his credit he has taken it onboard 100% as the publication of today’s AGM agenda shows. This is a groundbreaking victory for The Sheriff and a great day for shareholder democracy and empowerment and I’d like to see it rolled out across the AIM Cesspit – a Fanning Rule.
Published 1792 days ago
Twice in the past couple of weeks I have accused AIM Cesspit listed Astar Minerals (ASTA) of issuing an RNS that was a lie - HERE and HERE. Twice I have been pilloried by Bulletin Board Morons. On Friday Astar ‘fessed up via RNS and its chairman Andrew Frangos called me to thank me for forcing his company to set the record straight. The sinner repenteth, I am vindicated. The Sheriff of AIM is a merciful man and the incident is at an end, I move on.
Published 1793 days ago
I have not had a lawyer’s letter for more than two weeks. I can only conclude either that the greedy fat cat City Bully Boy lawyers are all sipping corporate champagne at Wimbledon or that I am slipping and being too much of a nice guy for my own good. It is only a matter of time and so I invite readers to guess who will send me my next lawyer’s letter. And, to help you select which scumbags are likely to win, I offer a handy form guide.
Published 1793 days ago
Being a bear of Naibu (NBU), I don’t think it would be appropriate for me to attend Monday’s AGM at the offices of Daniel Stewart, but if anyone is going they might like to ask the boss Mr. Houyan Lin ( via his interpreter) the following questions. And as it happens someone is going, Tom Winnifrith, the Sheriff of AIM. If he has nothing better to ask how about?
Published 1793 days ago
The guest list is "er interesting" - more than half a dozen of the more interesting AIM CEOs, two or three Nomads, at least one individual publicly censored by the FSA/FCA, a bunch of journalists, a sprinkling of PR birds and lots of food and booze. Yes it is the second annual AIM Cesspit awards dinner with talks by Evil Knievil and Lucian Miers. Fancy joining us?
Published 1793 days ago
This time I shall gain admittance! Naibu (NBU) has just confirmed in writing that I shall be allowed to attend as the representative of Evil Knievil who (for reasons that I cannot understand) is long of this stock. And I have a few questions for the board. For starters:
Published 1797 days ago
I am afraid that the two free tickets for the AIM Cesspit dinner offered thirty minutes ago have both been snapped up. But you can still buy tickets for the dinner on June 30th in Clerkenwell for just £40. The evening includes a three course meal, half a litre of wine per person and talks by Evil Knievil, Lucian Miers and a few words from me. We will also be handing out the nine AIM Cesspit Trophies.
Published 1800 days ago
Last week on both this website and my own personal blog www.TomWinnifrith.com I asked you for captions to the picture below. The winner can join me for lunch at Real Man Pizza on me.
Published 1801 days ago
I showed my Contract Note. Quindell (QPP) knows that I am a shareholder but they would not let me in. The shares are in a nominee account. PR Bird Foxy Bex was there and she knew it was all kosher. They had a shareholder register with me on it. They could have let me in but did not. Why cannot Rob Terry face tough questions?
Published 1801 days ago
Ahead of the Quindell (QPP) farce of an AGM today, I recorded a short video with a few thoughts and questions for the company.
Filmed outside the building where the AGM was to be held, the Sheriff of AIM, was in full dress.
More to follow...
Published 1802 days ago
What has Rob Terry got to hide from the press? It is reported that the Quindell (QPP) boss has banned the media from attending tomorrow’s AGM shoot-out. Why on earth would he do that? Perhaps he does not want press reports of institutions questioning him on corporate governance? Or nasty questions about how Quindell projections do not tally with Government data (see my exclusive of earlier today) or perhaps it is questions about the UKLA debacle, the 2012 accounts restatements or untrue RNS statements that he would rather Fleet Street did not pick up on. But…
Published 1803 days ago
On 27th May AIM Cesspit listed Astar Minerals (ASTA) lied to investors in an RNS. This overvalued POS Company is run by a bucket shop stockbroker and anyone buying the shares needs their head examined. The fact that it took The Sheriff of AIM only ten minutes to unearth this lie shows what dumb and unprincipled mothers these folks are.
Published 1805 days ago
I know that I am not as clever as the average Bulletin Board Moron when it comes to Quindell (QPP) but its apparently contradictory statements have me baffled. Perhaps one of the Rob Terry worshipping Bulletin Board Morons out there might help me explain why apparently contradicting statements regarding the Himex acquisition are not a red flag?
Published 1805 days ago
Normally I run a caption contest every week only on my personal blog www.TomWinnifrith.com where financial stuff is interspersed with other libertarian comment or thoughts about anything that grabs me at the time. But for this week only both blogs will run the contest it is a Quindell (QPP) Special.
Published 1806 days ago
Tom Winnifrith returns to record his weekly financial video postcard ahead of a trip to the grim North to see the Mother-in-law. Some folks have all the luck. In this video Tom looks forward to an intense week of shareholder activism with particular reference to Tern (TERN) and Quindell (QPP)
Published 1806 days ago
I gather that Angus Forrest the Chairman of AIM Cesspit listed Tern (TERN) has been off on holiday in France. I hope he had a nice time. But if he was there for the warm sunshine he’s in for a surprise when he gets home – the heat is really being turned up for him now. Welcome back, Mr Forrest. You may think that you can run off, go to ground, ride out the storm or whatever. We have not gone away. We are still here. Waiting for you.
Published 1807 days ago
I was sitting at Real Man Pizza at noon yesterday awaiting my guest, Dave Breith of Coms (COMS). At 12.30 I tried calling to see where he was. His PA called me to say he was off sick and apologising for his second last minute let down in 3 weeks – I do want to meet the guy. As we now know Breith was not sick. That was a lie born out of apparent monumental incompetence at his firm.
Published 1807 days ago
The AGM of Quindell PLC (QPP) will be at 10 AM on Thursday 19th June and as a loyal shareholder (as of Monday) I shall be attending and am planning my questions as of now. A few months ago this would have been a love-in with his fan club taking turns to praise CEO Rob Terry, I wonder if the mood may have changed. I still expect to get lynched by Bulletin Board morons as I ask my questions. On what you ask?
Published 1809 days ago
I have tonight seen an email relating to QPP (QPP) which will shock the market. I need to sleep on this, how to approach this and how to pen my prose. Howver Rob Terry be warned, you are now officially "in sights". The Sheriff of AIM is after you and this looks dreadfully grim for you...
Published 1809 days ago
Rob Terry of Quindell (QPP) did a soft interview with BRR on 8 March 2014. You know the sort where the company pays to be asked easy questions. When asked about a full listing (which failed today see HERE) and how long it would take Terry said:
Published 1809 days ago
As it happens I was just having a long chat with my good pals at the UKLA (part of the FCA) today. What fine fellows they are. So they have turned down Quindell’s application to move up from the AIM Cesspit to the main market. Rob Terry tries to spin it as a minor issue but this is a disaster. Across the UK Bulletin Board Morons are feeling the pain as the shares have plunged to 12p. Guys you should have listened to The Sheriff of AIM with my many red flag warnings (another one today HERE) rather than slating me. You can all buy me a drink after the AGM next week to say sorry.
Published 1810 days ago
I have two very important questions for whoever writes Getech Group’s (GTC) RNS announcements. What are you smoking? May I have some please? In what has been a calamitous six months for Getech, it still clings onto its faith in the strength of demand for its services and “high levels of interest and positive feedback on its major product, Globe”. Unfortunately for the company and its poor shareholders none of this has translated into sales and the stock has tanked. Today’s latest profits warning needs to be read to be believed; talk about making the best of a bad situation!
Published 1811 days ago
Tern (TERN) chairman Angus Forrest is fleeing the country. Okay, I exaggerate, he is on a boat to France as he prepares for a week’s holiday. How do I know? Because he has just called me. Forrest tells me that what I am about to publish is confidential. But since it is explosive does he think I give a FF? Come on DLM (now Alpha Returns), Forrest, Bruce Leith go send me a lawyers letter if you want.
Published 1812 days ago
Angus Forrest the chairman of Tern (TERN) and his sidekick Bruce Leith must be sacked at once for the series of lies they told while running AIM Cesspit listed Digital Learning Marketplace between June and September 2012 and for the clear corporate malfeasance that took place. The are now officially "In sights" and the Sheriff of AIM is on the warpath - see HERE. The list of Forrest's crimes exposed here is growing so just to start of what will be a blitz of revelations I offer him an easy opener. When did DLM part company with its CEO Andy Hasoon?
Published 1812 days ago
Oh dear. Oh dear. If Angus Forrest, the chairman of AIM Cesspit listed Tern PLC (TERN) was having a bad weekend it just got a lot worse as a raft of new documents have fallen into my possession regarding events at DLM (where he was chair) back in July-September 2012. And as for DLM’s Nomad, Roland “fatty” Cornish? Roland, do you just ignore whistleblowers and allow your clients to lie to investors? Fatty you are also deep in the merde now. I have a damning email which you do not wish to seepublished. Oh dear I am not the sort of guy not to publish am I?
Published 1820 days ago
It is not just on the Bulletin Boards that financial morons lurk, twitter abounds with them. As such my Moron of the week comes from the twittosphere and is, needless to say, a shareholder in Quindell (QPP).
Published 1820 days ago
Now is your chance to heap opprobrium of those AIM CEOs and Companies that have made your poorer over the past year. On Monday 30 June we will be handing out nine trophies in the 2014 AIM Cesspit awards. All those who have made the Aim Casino the crony capitalist den of iniquity that it is will be honoured.
Published 1821 days ago
We seem to be having a bit of a run in with Roland "Fatty" Cornish of Nominated Advisor Beaumont Cornish. First there was the little matter of New World Oil & Gas – see HERE. Now we come to events at what is now Alpha Returns (ARGP) and matters from 2012 revealed by Nigel Somerville earlier today HERE
Published 1821 days ago
Nigel Somerville has earlier today (HERE) published the most extraordinary evidence of corporate malfeasance at what was Digital Learning and is now Alpha Returns (ARGP). The two directors exposed by Nigel now run Tern PLC (TERN), another sub scale investment company on the AIM Cesspit. I demand that they be fired NOW!
Published 1822 days ago
Nominations for the 2014 AIM Cesspit awards close at 7 AM on Friday so you have less than 24 hours to nominate for the six (of nine) categories which are voted on and can do so HERE. Already Pete Landau of Range Resources (RRL) looks to be widely supported in ALL categories. But we welcome other nominations. If you are stuck for ideas:
Published 1822 days ago
It is time to highlight and celebrate the very worst of AIM with second annual AIM Cesspit awards sponsored by Shareprophets.com. At an awards ceremony and dinner in Clerkenwell on June 30th (Monday), real trophies will be presented to those who have helped make AIM the Cesspit it is and we will be entertained by guest speakers Lucian Miers and Evil Knievil with The Sheriff of AIm compering the event. There are seven awards.
Published 1825 days ago
We give thanks to Comrade Somerville of the 1st Oxfordshire Regiment of the Peasants Army who has come up with a cracking idea for a ninth trophy to be awarded at the AIM Cesspit awards 2014 ceremony on June 30th "Advisor of the year"
Published 1825 days ago
Even certain advisors to AIM and ASX listed Tangiers Petroleum (TPET) have started to call The Sheriff of Aim to express their concern as to the way it communicates with investors. Well hang on fellas, are your long suffering UK stockholders on the AIM Cesspit about to get another kick in the Gonads?
Published 1825 days ago
My name is ‘Lord' Dru Edmonstone. In 2001 I won the City award for "AIM Journalist of the Year" for my work as Editor of 'The AIM Bulletin' and for contributing articles to various national newspapers and magazines. Believe it or not, The AIM Award Panel even gave me a cheque for £5,000 and affectionately referred to me as “The Aristocrat of AIM” in their PR bullshit.
Published 1827 days ago
Tom Winnifrith is back with a new camera if not a new rugby shirt for his video postcard and he returns to a familiar theme – that of the AIM Cesspit.
Published 1827 days ago
It is that time of year again, and I have enjoyed coming up with the names for my entries. Are my entries absolutely correct? Nope. But it was fun to come up with them and crucify those responsible for massive value destruction and crap creation. I shall tone back my use of caps lock during this article and the foreseeable future but let me say this, it is bloody hard to when talking about basket case stocks.
Published 1827 days ago
So many to choose from and so little time to think – who am I nominating for these prestigious awards? Ultimately it is down to you, the investing public to vote on who wins, but for what it is worth my nominations have been:
Published 1829 days ago
The Bulletin Board Moron of the Week is a ShareProphets reader nsf297 who has taken grave exception to my shock Nighthawk revelations of yesterday. Nsf297 has to blame someone else for life’s misfortunes. He writes on Shareprophets comments section:
Published 1830 days ago
Earlier today I revealed how Nighthawk Energy (HAWK) was served with papers for a potentially large legal claim by its former business partner Running Foxes on 29th April but had not bothered to tell shareholders. Nighthawk has responded but its statement is er… “interesting.” I have now spoken to Running Foxes. Ho. Ho.
Published 1830 days ago
And today’s star turn on the AIM Cesspit is Nighthawk Energy (HAWK) which was served with papers for a major law suit on April 29th. Surely under AIM rules it should have fessed up to shareholders even if it thought the case was without merit? Fear not, Nighthawk may not want to issue an RNS but the Sheriff of AIM is here to help.
Published 1831 days ago
I wanna tell you a story…it is a true story but not from the great Max Bygraves. It is from me and from a company meeting a while back and it is why I almost despair of some on public markets.
Published 1833 days ago
I think that you must be aware by now that I have major concerns about the way that AIM operates. The way that money is raised is bad enough in that it creates two classes of investors. The amount of shareholders cash spent on share promotion as opposed to creating value is alarming. But my real gripe is that companies appear able to tell outright lies and get away with it.