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Letter to Nomad Cairn Financial re ADM Energy: why were you party to deception and are you contacting the FCA

By Tom Winnifrith | Monday 26 August 2019


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.


Shares in ADM Energy (ADME) are almost certainly, more or less worthless, as Gary Newman explained here. Those who paid c20p at peak “Sheikh on the Make hype”  for the shares must be spitting nails. The object of their anger should be Nomad Cairn Financial, of Cloudtag infamy, to whom I have written today cc’ing in AIM Regulation and the FCA. The letter follows.

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