By Tom Winnifrith, The Sheriff of AIM | Wednesday 8 February 2017
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.
Before I get another letter ( sent to the wrong address) from clownish lawyer Peter Reynolds of Fladgate, now hopefully under SRA enquiry for trying to shut this website down by spreading lies, I should like to state that I am not accusing his client Murray D'Almeida of insider dealing. Au contraire, damning Winnileaks exposes such as this one, show that Murray is an honourable man. But just for the avoidance of doubt I have a timetable for you to consider.
On March 5 2015 Management announced a major acquisition to be funded by debt raised by a con outfit called Halcyon ( introduced to Management by Mr D'Almeida). The cash was due to arrive on March 23.
The cash did not arrive on March 23 but Management breached all AIM rules by not announcing this in a timely fashion.
In early April 2015 Mr Tony Hale sold all his shares in Management. These were shares gifted to him at no cost by Murray D'Almeida who was also his business partner, something Mr Hale is desperate to cover up as we revealed HERE.
On April 8 2015, 16 days after the cash had failed to arrive on time, something the whole Management board was aware of, it finally fessed up to this fact in an RNS and its shares were supended.
Those who had bailed to sell their entire holding (having never sold one single share until then) just days before the suspension were clearly incredibly inspired traders. Jeepers it is almost Jedi trading is it not? Obi Wan TonyHale the force is with you.
I put it to Northland which is Nomad and broker to Management that the trade by Mr Hale was something that looked suspicious even though it cannot be for Murray D'Almeida is an honourable man. And thus as a regulated firm it is duty bound to report such a trade. Little Willy VanDyk of Northland was asked at the weekend if the trade had been reported at all and if so when. If it has not been then Northland is itself compromised.
Little Willy has not responded. I guess I shall have to contact the FCA about this myself then... watch this space.
Never miss a story.
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