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Carry on Up the Worthington - why is the UKLA allowing the farce to continue - another extension

By Tom Winnifrith, The Sheriff of AIM | Saturday 28 May 2016

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.

Ooooooh is that a bankruptcy order in your pocket or are you just pleased to see me? Said Old Mother Worthington, played by Hattie Jaques. Aiden Earley, played by Jim Dale, gave a look of pretend shock and pinched Hattie on the bottom. Aiden is good at pinching. Craig Whyte, played by Sid James, is not in this film as he was detained elsewhere.

In walked the man from the UKLA, played by Leslie Phillips, "Oh I say" he drawled as he looked at Nuna Minerals, played by Barbara Windsor, lying on her back on the couch wearing a bikini in the colours of the Danish flag. "Have you seen Im bust" said Babs in a poor Scandanavia accent. "You mean your bust...everyone can see your bust" said Aiden and the man from the UKLA as they burst out laughing. "No I am bust" said Babs, "I have no money, I'll do anything to survive."

Aiden and Leslie looked at each other but before they could do anything Old Mother Worthington put her arm around Babs and said "there, there..let me take care of you."

To be continued.

Sadly this farce will continue. Nuna has now been bankrupt for a year. Talks to refinance it via Greenland Mining - which does not even have a bank account - seem to be going nowhere. The Greenland Government has seized Nuna's worthless assets so it is now bankrupt with no assets and yet the UKLA still pretends that Worthington, which has still not published its accounts for the year to September 30 2014, can do an RTO unto Nuna. Yesterday it again extended the deadline forb that RTO, this time until July 22nd.

Why is it allowing this farce to continue?

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