By Tom Winnifrith, The Sheriff of AIM | Monday 12 September 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.
We warned you often enough. When companies have no revenue, are burning cash, have no cash and are drowning in debt, things are not going to end well for shareholders. On the back of an RNS today, mug punters have taken such an almighty rogering that I hear that in Bulletin Board Moron land the shops have already run out of vaseline. So here is a ShareProphets translation service of that RNS (our words in bold).
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