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By Tom Winnifrith | Thursday 8 March 2018
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.
Andalas Energy (ADL) should be issuing a statement about its own solvency and other matters flagged up HERE. This company, as it stands, is insolvent. But this is AIM so instead....
It is ramping its shares in a sordid way in order to somehow allow it to go ahead with the next tranche of death spiral funding from Volantis. So what to do? Natch - do a soft blow job podcast that fails to address any of the critical funding and other issues but talks of the golden future filled with jam tomorrow. But who to record with?
Justin the Clown, Zak Mir they will all play the game and all have done in the past. But this is the real bottom end of AIM a place where crocodiles swim in lakes of shit. It is the territory of Alan Green. Old Greeny does the blow job interview well as you can see HERE but can you see any mention on this webpage that he is an IR man retained to promote shares by certain companies including IMC Exploration a company run by serial Dublin based villain Liam McGrattan, cash guzzling Feedback (FDBK) which needs a good ramp ahead of its next bailout placing and .....Andalas Energy.
Yup, Andalas sends a nice stack of bangers and mash to Green to ramp the shares which he does, inter alia, by doing blow job podcasts where he fails to mention the fact that he is on the payroll. Mug punters fell for this yesterday the shares went up and so, without blushing, Andalas issued an RNS reach telling everyone about the podcast ( not mentioning that old Greeny was on the payroll, natch) so that more suckers could pile in.
I used to work with Alan Green in my days as a crony capitalist*. He is actually a very nice guy. But this is sordid. Andalas is bust and that is the issue it should be addressing via RNS. And Alan, you can do better than this...
*Yes Lord I do admit my sins, I repent most sincerely and can only attempt to atone while on this earth and beg for forgiveness on the day of judgement.
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