By Tom Winnifrith, The Sheriff of AIM | Friday 7 October 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.
May and June 2015 was a time when Teathers Financial (TEA) was awash with cash thanks to an April placing. The only question was how quickly could the company's directors spend it? There was the shooting party and the General Election party but more was needed and on 29th May, the Friday before a bank holiday weekend folks were getting mighty thirsty.
As such threy wandered into a Tapas bar. Not just any common or garden tapas bar but Tonteria, a tapas bar by day a tequilla nightclub after dark situated on Sloane Square. Sloane Square is where the Sloane rangers like Diana Spencer hung out in the 1980s , okay yaaaaaaaaaaaaah. It is terribly expensive real estate and prices at its fleshpots reflect that.
But who cares if it is on the company credit card? That will be £1838.70 sirs we hope you had a jolly good time. As I noted in prior articles, a for a company burning cash and with a limited resource such behaviour is just inexcusable.
If you have AIM shareholders cash to blow you might want to check out Tonteria HERE. - Boy those semi clad young ladies must have kept the Teather crew entertained. Did Jason Drummond take Mrs D on this one as he did the shooting party at Downton Abbey? Methinks not. But what to drink?
Check out the menu HERE. How about we start with a "TonteMomoB £8.50 — Simply Pussy Bomb, for the man who loves his Jager meister with Pussy." Yeah now I am in the mood. Good job we have the corporate credit card ready. Thank god we got that placing away. To think those mugs think we are spending the cash on building a company. Okay jaaaaaaaaaaaaaaaah.
Sod it bring on the fecking champers, it is not as if we are paying. Perrier Jouët Belle Epoque Rose. £320. Bargain. Make that two.
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