By Tom Winnifrith | Thursday 12 May 2022
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.
Lift Global Ventures (LFT) - a cash shell that buys assets in the financial media world - was listed at 3p on 29 April, after a fund raise which brought in £1.73 million. That, we are told, was “oversubscribed”, which is obviously a testimony to the brilliance of its CEO, the Sith Lord Zak Mir. Every bandit in town is on the shareholder list, as well as upstanding blue-chip investors like David Lenigas and ex ADVFN boss, Clem “a legend in his own expenses lunchtime” Chambers.