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Cloudbuy & Westhouse (Nomad) and that Equities First Deal – About That Clarification

By Nigel Somerville, The Deputy Sheriff of AIM | Friday 14 November 2014


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 vented my spleen about Wednesday’s ‘clarification’ RNS regarding the Equities First Holdings ‘loan’ which turned out to be a ‘sale’ by Chairman Ronald Duncan - HERE. I have calmed down now, and cool analysis of what we were told raises yet more questions. Serious questions. We have not yet had a full disclosure.


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