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A joint statement from Dan Levi & Tom Winnifrith: Sefton: We are Vindicated - Jim Ellerton Fired in Disgrace

By Tom Winnifrith | Friday 30 August 2013


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Sefton Resources (SER) has this morning fired its chairman Jim Ellerton from the board. He has been shown to be a liar, a criminal, a man not fit to run a PLC and there will be worse to come for him as the Serious Fraud Office, the US Internal Revenue Service and the Colorado Department of Justice Enquiries get underway. All three have been or will be provided with full dossiers. Ellerton will try to grub whatever cash he can from Sefton but he is toast. Toxic toast.

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