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Quindell/Watchstone – investing in Rob Terry?

By Nigel Somerville, the Deputy Sheriff of AIM | Friday 18 December 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.


It was announced yesterday morning that fraudster Rob Terry’s Quob Park Estate Limited (QPE) had sold its entire holding in AIM-listed Imaginatik (IMTK) to a company called Quob Park Technologies Limited (QPT). The RNS went on to say that QPT is controlled by QPE – ie Rob Terry. But there is rather more to this than meets the eye, including some bizarre Companies House filings which see a shareholder called Quindell plc emerge in August of this year. Time for a dose of Tom Winnifrith’s mushrooms? Aciiiiiiiiiiiiid.


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