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A second letter to AIM Regulation re Bidstack PLC – where is the formal lack of profits warning?

By Tom Winnifrith, The Sheriff of AIM | Monday 14 October 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.

I have already written to AIM Regulation and the FCA about Bidstack PLC (BIDS) about the way its CEO James Draper materially misled investors in a podcast with Justin the Clown on August 8 2019 with regard to half calendar year results.  I trust that action will be taken. But I now have cause to write again on the matter of the full year lack of profits warning the company should be issuing and is not. The letter follows.

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