Sunday March 01, 2015
Jeremy Clarkson is not an oaf or a buffoon for describing the welfare safari that is Liverpool 100% correctly
Weekly postcard #101: paper phalluses, lent, masks and cheese week
Breaking: Smears and Sinister Threats from Worthington PLC and its shareholders

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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Worthington fraud part 17: Doug Ware running scared and meanwhile can he explain why his financial adviser quit – another leaked letter emerges?

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Worthington asked me for an address where it can serve legal letters on me for libel citing all sorts of legalese as to why I should comply and adding that if I had nothing to hide I should have no concerns. I have nothing to hide as it is a fraud and so I provided an address. Eight days ago I demanded that Worthington’s lawyers provide a service address for Doug Ware…

In an attempt to deflect attention from the proven fraud at Worthington, Ware libelled me. My lawyers are considering a legal claim against Ware personally, seeking significant damages and we have a meeting with counsel arranged for when I return to the UK. If Mr Ware has nothing to hide – to requote his ninth rate lawyer - he would supply a service address. I have to inform you that after eight days Mr Ware and his ninth rate lawyer have still not supplied that address.  Why are you so scared Doug?  I know you are staring down the barrel of massive damages and costs but I am a reasonable man, just give us your address because this is going to be fun (for me).

Meanwhile I am aware that Doug might try to have the Old Bill seize my laptop when I get back to the UK to see what other documents and emails I have. To save them the trouble I shall publish every single one (and there are a good few) before I fly back. Can’t say fairer than that can we Doug?  So let’s start with why your financial adviser Beaumont Cornish resigned in May 2013.

Roland “Fatty” Cornish is quite happy to act for some real low life crooks and liars. Have

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Tom Winnifrith BearCast: Rightster IS a Wrongster

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On February 6 2015 I asked if Rightster (RTSR) was a wrongster and flagged up material issues for it to address. On February 25th 2015 it issued a trading statement which was spun as being a triumph of growth but which was in fact a ghastly profits and sales warning. I unpick the true facts and the grim outlook for the shares in this podcast special.

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Photo Article: Snow on the High Taygetus behind the Greek Hovel

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I shall try to drive up to the snow covered peaks of the high Taygetus at the weekend. For now I just gaze up at them from the Greek Hovel. While we enjoy bouts of heavy rain and intermittent sunshine in the foothills of the Taygetus the high peaks are covered in snow.

The first photo is from the Greek Hovel itself and the far peaks are a bit covered in cloud but you can just make out the snow. 

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Quindell: How is PWC’s review of your fraudulent accounting policies going?

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On January 12th when giving its misleading trading update Quindell (QPP) commented on the PWC review into its fraudulent accounting policies stating:

The Independent Review is ongoing and shareholders will be updated as appropriate. The Board's current expectation is that the review will be completed by the end of February.

Ok, not to put too fine a point on it

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Coms – blatant market abuse and is the Nomad set to resign?

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Coms (COMS) is the gift that keeps on giving. In today’s instalment we have wholesale market abuse and the question of when the Nomad might jump ship. Meanwhile the company needs to clarify its financial position. Is it trading only thanks to the support of banks who could pull the overdraft at any time? Methinks yes.

The market abuse first. Yesterday a blog post appeared HERE which purported to give specific details of a takeover bid at 5.6p per share even naming the party. I have naturally reported this to the FCA for giving out information one knows to be false is called market abuse. It is a criminal offence.

Update: The page has been changed.

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Tom Winnifrith Bearcast 25 February

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Sorry for late filing, a combination of Greek telecoms and several calls on the dynamite story referred to in the podcast. Today I cover Coms, Quindell, Gulf Keystone, AO World, Ithaca, Driver and the dog Sareum.

Please book your seats now for the UK Investor show now 77% sold out HERE

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Crony Capitalist Angus Forrest of Tern Reports Tom Winnifrith to Police …no action taken

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I have just taken a call from Lavender Hill Police station because crony capitalist Angus Forrest of POS Company Tern (TERN) has reported me for harassment. I had a great chat with a very nice police officer who said that the case was no closed and that Mr Forrest would be told “there is no case”.

I pointed out that three times in the past few weeks this website has pointed out that Tern has issued a statement via RNS which is factually inaccurate and that Tern has then had to publish a correction. Our job is to save investors by pointing out such matters and that is not harassment. The police officer agreed totally describing Mr Forrest's complaint as "silly."

Memo to Angus Forrest: Stop

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Formal Request to FCA to investigate David Currie and Quindell for Market Abuse

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On Monday 22 February the fraud Quindell (QPP) put out a statement that misled investors as to the status of its discussions with Slater & Gordon as to the sale of QLS. Slater and Gordon was forced to clarify the situation with its own statement. Shares soared on the Quenron RNS but retreated as S&G revealed the truth. As such this begs the real question as to whether David Currie, the chairman of Quenron and old pal of Mr Robert Simon Terry, is guilty of market abuse. I have written to the FCA today asking it to launch a formal enquiry.

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