By Tom Winnifrith, The Sheriff of AIM | Wednesday 25 November 2015
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.
I have already demonstrated that the “investments” made by AIM listed Octagonal (OCT) – director Da vid Lenigas – are not worth anything like their stated value and that balance sheet support is illusory. But at least there was some cash. Or there was.