David Williams

323 days ago

Tom Winnifrith Bearcast:Tory sleazebag David Williams of Avanti does it again - now 98% vindicated on Arqit

Faking a product demo to gain funding is fraud and Williams boasted about doing that so the Tory scumbag should not threaten me, as he has threatened others, with a lawyers letter for calling that out as an act of fraud. I discuss his antics at Avanti (AVN) and then Arqit Quantum (US:ARQQ) about which I warned at $37.41 on December 3 2021 HERE and at $5.65 on 17 June 2022 HERE. Its shares are now 73 cents but the company is still valued at $90 million. My target is zero. I discuss in detail. Then it is onto IQE (IQE), Mirada (MIRA), Future (FUTR) whose £1.06 billion market cap is a joke. I looked like a right prat on this one for a while but you cannot defy gravity forever. Which brings me to Cineworld (CINE), Cellular Goods (CBX) and today’s total spoof from Chill Brands (CHLL) which the morons have fallen for hook, line and sinker. Do they never go to Companies House? Finally: it is 30 days to Rogue Bloggers for Woodlarks and less than 4% of you have donated. I repeat the Brokerman Dan underpants threat, please do make a donation HERE

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466 days ago

Tom Winnifrith Bearcast: A rotten end to 2022 for the vile slug & self confessed liar David Williams of Avanti infamy + bubbles bursting for Malcolm and Darren

I start with Williams. Everything that is wrong about fat Tory conceit and sleaze. Then the bursting of the green and pot bubbles and why Malcolm and Darren just cannot see either. 

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673 days ago

Breaking: Class Action filed against Nasdaq dog Arqit, run by self-confessed liar, David Williams of Avanti infamy

Before calling his lawyer, the pompous and bombastic arse should remember how, in the early stages of Avanti Communications (AVN), he boasted of fabricating a product demo. Worse was to come, as Williams made tens of millions from dumping shares he ramped ruthlessly, while investors lost everything.  Now, he has a new scam: Arqit Quantum (US: ARQQ), listed on Nasdaq. We first covered Arqit, HERE. Its shares were $37.41 on December 3, 2021; now, they are just $5.65. Bring on the lawyers.

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732 days ago

Tom Winnifrith Bearcast: You want me to be angry with 'arry fecking Adams of bloody Kefi? You will not be disappointed

In today’s Bearcast, I start with Guild ESports (GILD), and a collapsing party house of cards. I refer to the David Williams of Avanti infamy shocker - it is still a cracking short. Then I comment on Petropavlovsk (POG), where I am surprised no one has feigned offence at my earlier headline.  There is a bit on NightCap (NGHT), but most of this podcast covers Kefi Gold and Copper (KEFI). Matthew and his dog will be delighted by that section.

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736 days ago

David Williams of Avanti infamy strikes again with alleged revenue overstatement & far worse - WSJ has the scoop

You can never keep a good man down. And, as for an absolute rotter like David Williams – who pumped satellite firm, Avanti Communications (AVN), before selling millions of pounds worth of shares, paid himself regular seven-figure stipends and then ran the company into the ground – it seems as if lightning will strike twice.  We defied the notoriously litigious bombastic prick, and highlighted numerous Avanti concerns on this website, as you can see HERE.

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2210 days ago

Avanti - Calling all morons: back our bailout with more of your cash. PS We will probably still go bust anyway

How the bombastic Welsh prick David Williams, the former CEO of Avanti Communications (AVN) must be laughing today. Having sold millions of pounds worth of shares himself at almost £8 as he urged others to buy, pushing ramptastic broker notes out for everyone to see, the ruin he left is today fully exposed. But Williams has made £15 million from this wheeze so he's happy.

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2278 days ago

Avanti & its disappearing backlog - just why is this not market abuse for the FCA to investigate?

Bombastic ex CEO David Williams isn't the only thing that's left busted flush satellite operator Avanti Communications (AVN) in the last few months. More than 50% of the company's Backlog has disappeared too - this surely implies market abuse and is something that the FCA should be investigating?

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2452 days ago

Tom Winnifrith Bearcast: 3 resignations: Telit (Nomad) & Avanti Coms & Redcentric CEOs - can I claim scalps?

That Telit (TCM) is going to zero is a given as I explained yesterday HERE. But now we need to know why Canaccord quit on May 26 as Nomad. I suggest the reason in this podcast and call for a wider AIM Casino rule change on Nomad resignations. Then it is on to 2 CEO resignations. The bombastic prick David Williams has gone from drowning in debt Avanti Communications (AVN). Avanti is toast but I run through the red flags pertaining to Williams himself and ask a question about his payoff for failure. As for Redcentric (RCN) can I claim this as a scalp? Frazer  Fisher must have known about the mega payroll fraud of March 31 2016 as I revealed HERE. Yet he trousered a big 2016 bonus and sold stacks of shares just after publishing the 2016 number which he KNEW WERE CROOK. This departure is to avoid him being in situe when the FCA, FRC and SFO announce their findings. Actually can the Sheriff claim a scalp on the bombastic prick Williams too? I got the FRC to pan his company and exposed all sorts of Avanti red flags and naughtiness. Two scalps in a day - ouzo time?

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2489 days ago

Shit sandwich with jam tomorrow on top: trading statement from Avanti Coms - but here's what its hiding

Avanti Communications (AVN) has surprised no-one with a grim old trading statement covering the year to June 30th 2016. But the CEO who boasts of how he misled investors with a faked demo to raise funding has - as usual - tried to make a shit sandwich more palatable by serving it covered in oodles of jam tomorrow. But there is something that bombastic prick David Williams is not telling you....

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2508 days ago

Avanti's next cash crunch could be far sooner than people think - in fact it could be in two weeks' time

It is not a matter of IF drowning in debt satellites company Avanti Communications (AVN) will eventually see a 100% shareholder wipeout ( right now it is c99%) but WHEN. And it might be rather sooner than most folks think. In two weeks time to be exact. Is there something that its CEO , the bombastric Welsh prick David Williams, is not telling us as he counts his $15-20 million winnings.

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2520 days ago

Avanti Communications Trading Update: More jam tomorrow, cashburn & shit sandwiches today - target price 0p

Avanti Communications (AVN) the drowning in debt satellite operator run by a man - David Williams - who has boasted about how he misled to investors to raise capital, by faking a product demonstration, has served up a trading update. As ever with Avanti it is packed with jam tomorrow but the reality is that it is the usual Williams fare, a shit sandwich.

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2612 days ago

The Worst Research Note of the Year to date? Edison on worthless Avanti Communications

Employer of convicted felon, the cop mugger champagne Charlie Gibson, investment prostitutes Edison will publish bullish research notes and interviews with any company as long as they dip into their shareholders' funds. The interview with the bombastic prick David Williams who earns a seven figure wedge for running Avanti Communications (AVN) into the ground last summer ( see HERE) was a classic of its genre. Today Edison has published a note saying Avanti shares are worth 109p. The market thinks the report is worthless bog-paper and the shares are down by almost 10% at just 14.875p.

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2671 days ago

The Avanti Coms Annual Report Released at 2.22 - Gem number 2, rewarding greedy CEO David Wil

112 minutes after the stockmarket closed on the Friday before Christmas Avanti Communications (AVN) published a red flag strewn annual report. I have already raised one mighty red flag HERE and more will follow. But now just consider how the bombastic prick of a CEO David Williams was rewarded so handsomely for failure. Shares in Avanti are just 23p today. They were c£8 when Williams sold millions of quid worth of shares as he ramped away after the launch of Hylas 1 back in 2011.

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2821 days ago

Avanti share price spike: the company speaks and says nothing at all

I have commented on Avanti Communications (AVN) twice in two days on the bearcasts HERE and HERE. Today with the shares zooming ahead to a peak of 50p (they are now 44p) the company commented but said nothing at all. Ronan Keating would be proud.

Uber Bombast David Williams stated:

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2845 days ago

Avanti Communications announces strategic review - aka - "we are fecked"

Oh dear, this is the end for you my friend....Avanti Communications (AVN) has announced a "strategic review". In other words it has admitted that it s well and truly fecked. Shareholders should, whatever the weasel words of the RNS, prepare for wipeout. This is - as we pointed out in a 25 minute presentation at UK Investor Show, a zero. The statement is typical King of the Bombast David Williams horseshit.

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2845 days ago

Miserable Welsh People Odd One out Contest Result

Yesterday I served up pictures of four Welsh folks and asked for the odd one out and - to the suprise of some readers, as you can see HERE, it had nothing to do with sheep. The four pictured taffies were: Cerys Matthews the gorgeous lead singer with the uber-Welsh group Catatonia ( part of the cool Cymru scene of the 1990s), Welsh windbag Neil Kinnock, Welsh soccer star Gareth Bale and David Williams the uber Welsh CEO of Avanti Communications (AVN) who had a rather bad day at the office yesterday and is going to have another shocker today

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2845 days ago

Ouzo O'Clock - Avanti Communications crashes as I predicted

Look back at our coverage of satellite disaster story and serial issuer of fascistic lawyers letters Avanti Communications (AVN) you cannot say that we did not stand up to bambastic bully boy CEO David Williams and warn you. Today there has been a pre close trading statement, the shares have crashed by 60% to just 24p and the Fat Lady is starting to gargle. My father & I will crack open the ouzo early today.

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2845 days ago

Sad Welsh People: Avanti Communications odd one out contest

Shares in Avanti Communications (AVN) are tanking after today's shocking trading statement leaving its uber Welsh CEO David "the bombast" Williams less than happy. So below we have pictures of four Welsh folks - after recent events which is the odd one out? Answers in the comments section with a deadline of midnight tonight.

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2871 days ago

Avanti Communications - the collapsing share price means it must make a statement on Monday

On 16 May 2016 Avanti Communications (AVN) published a third quarter trading statement in which the company's bombastic, pompous and no longer credible CEO David Williams declared "Avanti is making good progress." Shortly afterwards he proudly boasted that he had bought shares in the company at 91.25p. Today, less than four weeks later the shares have collapsed to just 53.25p to sell. On a daily basis they are being marked lower and lower. What is happening and what must Williams announce on Monday?

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2872 days ago

VIDEO: Edison Interview with Avanti's David Williams - how big is your cock, huge or massive? And more

Paid for researcher Edison is, of course most famous as being the employer of convicted felon Champagne Charlie Gibson but it is also there to take cash for helping ramp shares in piss poor companies. And few companies could be as piss poor as Avanti Communications (AVN) run by uber bombast David "not worth a million bucks a year" Williams.  But not only does Edison publish crap research on Avanti with a target price of 427p. It also does video interviews. Cripes, the bird quizzing Williams makes Zak Mir look like Jeremy Paxman on steroids.  As you enjoy this shite from Edison you will note the shares are now just 59.5p as Williams seeks emergency bailout funding. Oi, taffy its time for a statement!

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2882 days ago

Three weeks after Avanti Communications told a monstrous lie - how is its bailout refinancing going?

On May 16 Avanti Communications once again (AVN) lied to its investors. Since then it has been scrabbling around trying to complete an emergency refinancing. As the shares have tanked from 90p to 64p (and falling) since the lie is it unfair to ask the company and its bombastic CEO David Williams how things are going? First, however, lets look at the lie.

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2883 days ago

Avanti Communications now in Dana Territory & sinking

It was just a few weeks ago that Avanti Communications (AVN) shares were in the decade of Blur and Oasis (the nineties) and bombastic CEO David Williams tried to spoof us all with a trivial share purchase costing him about all of two days of his obscene salary. Pretty quickly the shares slipped through the Maggie years and into the era of Abba and the Winter of Discontent. As I speak we are at Dana.

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2891 days ago

The Predictive Powers of David Williams of Avanti infamy, or how he buries bad business

Avanti Communications (AVN) started its AIM career not as a satellites business but as a provider of screens for pubs and shops, the loss making tin cans in space business came later. At that point uber bombast CEO David Williams decided to "lose" the original business via a demerger. Shareholders in Avanti were given stock in both entitites. Now track what happens next.

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2891 days ago

Tom Winnifrith Bearcast: A bad day for family Bick as Gable crashes & UKOG places ( Told Ya!)

I start off with Avanti Communications (AVN) the spoof share purchase by uber bombastic CEO David "taffy" Williams and Lucian celebrating as the shares slide. Then it is onto a bad day for the Bick brothers. Baby Bick spins for Gable (GAH), Thirsty Bick spins for UK Oil & Gas (UKOG) and I comment on both. I touch on POS Magnolia (MAGP) where it is almost certainly placing ahoy then it is onto LXB Retail (LXB), Prospex Oil (PXOG), Hostelworld (HSW) and finally a detailed comment on Nyota (NYO).

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2902 days ago

Avanti Coms: another jam tomorrow, cash munching update & piddly director purchases scream SELL

Institutional investors continue to sell. But Avanti Communications (AVN) directors hope that piffling share purchases by themselves will persuade mug punters to follow suit. Do I care that David Williams (total package last year $1,154,445 after another year of mega cashburn) has bought 5,434 shares at 91.5p taking his holding to 1,709,144. Seriously? A guy who earns c$20,000 a week for trainwrecking this company has bought £5,000 of shares? And that is meant to show he has faith in the company? If anything it shows he has none. Now to the Q3 trading update.

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2911 days ago

Arian Silver's related party deal - the comedy continues

What is it with chaps called Williams from Wales and trainwrecking companies? We move from David at Avanti earlier HERE to Jim at Arian Silver (AGQ) who has already trainwrecked this company once. Now, after a bailout which saw it surrender any assets worth owning, Jim is at it again and today he has updated his punters on a deal in Mexico which is related party although Jim neglects to remind punters of this fact.

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2912 days ago

Avanti Communications - more bad news it is not telling you about

Oddly enough it seems as if the bombastic boss of Avanti Communications (AVN), uber Welsh David Williams is not keeping his poor, and getting poorer by the day, followers up to speed with all the bad news from his worthless company.

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2967 days ago

Avanti shares slip despite another ramptastic RNS - Emperor Williams New Clothes called out!

Historically the pattern with Avanti Communications (AVN) has been it is asked an awkward question like how much business do you do with ISIS? Or why is it that your 2015 joke accounts are being looked at by the FRC? Or, if your bonds are junk rated when do you go bust? Its shares tumble. Then it announces a new ramptastic contract win either of an unspecified amount or for many years in the future. Its shares bounce but then fade and slump when the next question is fired over.

Each time the bounce after the ramptastic RNS signed off by Emperor CEO David Williams is that little bit smaller as fewer and fewer folk accept that his new Clothes are really that impressive.

Friday saw a first.

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2979 days ago

Avanti Communications - Cut the Crap you sheep shagging bombast and answer the questions

Are you starting to see a pattern here? Avanti's (AVN) shares slide. Folks ask a couple of difficult questions and "hey presto" the company announces a totally meaningless contract win but will not answer the questions. There is a brief rally in the share price but each time uber Welsh bombast David Williams pulls this trick it has less and less effect. David you surely know that you can screw some of the sheep some of the time but you can't screw all of the shareholders all of the time.

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2980 days ago

Avanti Communications - WTF is it up to now in Bongo Bongo Land? Sell - target price 0p

With a hat tip to a reader who is clearly as much of an anorak as I am, I trek over to Companies House and discover that on 9 February, shortly after its piss poor interims, folks behind Avanti Communications (AVN) established three new Companies. Hang on Henry, what on earth is David Williams, the most bombastic CEO on AIM up to?

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3000 days ago

A 100% sure fire way to make money on the stockmarket

I have an idea which cannot lose. This is a stockmarket scheme which has to be a winner. First we set up a new company...

The Company is called Rare Avanti Minerals PLC (RAMP) and its chairman will be David Lenigas - also responsible for twitter promotion - whilst its CEO will be the bombast David Williams Of Avanti Communications (AVN) infamy, who will be responsible for raising ooodles of bond finance so that we can drown in debt, as we seek to make a killing mining Rare Earth Minerals on the moon.

Nutec will be commissioned by Jabba

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3018 days ago

Avanti Communications - now at 117p, downside 117p by June - 5 Questions as bonds now uber-junk

Before Christmas shares in Avanti Communications (AVN) traded at c200p. This morning they touched 100p although they now trade at 117p. What on earth is going on? The only news from Avanti's CEO, the uber-Welsh king of the bombasts David Williams is that he will be presenting interims on 4 February. However it is not just the shares that are tanking, so too are its bonds, they are now officially uber junk and as such five massive questions need to be answered by the company with the numbers. For what it is worth my target price remains - as per Gold & Bears see HERE - 0p.

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3063 days ago

Avanti Communications - PR blather is not a substitute for answering the frigging question

David "King of the City bombasts" Williams of Avanti Communications (AVN) always responds to weakness in his company's - grossly overhyped - share price in the same predictable fashion - he announces a contract win. But each time he announces a deal - no value disclosed natch - the market is less and less impressed. This morning what investors really want to know is whether Avanti is making money from evil terrorist murderers ISIS?

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3088 days ago

Avanti Communications Q1 Trading Statement – Complete and utter turd polishing nonsense

King of the AIM bombasts the uber Welsh David Williams of drowning in debt Avanti Communications (AVN) has polished up another turd, that is to say his Q1 trading statement. Naturally Taffy Williams is delighted with all the progress being made. He always is as target after target is missed.

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3140 days ago

Tom Winnifrith Bearcast 22 Sept - Joshing with Paul Scott as Lucian bashes sheep shaggers

How can I think straight when Corrie live is on tonight? Anyhow, I continue my debate with Paul Scott on Boohoo.com (BOO). He thinks I'm wrong HERE but I suggest a few points he may wish to consider. Then Lucian Miers flags up the curse of Welsh folks called Williams involved with PLCs - David at Avanti Communications (AVN), Jim and Tony at Arian Silver (AGQ) but is David at Tungsten (TUNG) a sheep shagger? And what about Chris Oil? We need to know. I discuss Arian in its own merits plus Europa Oil & Gas (EOG), Mosman Oil & Gas (MSMN) and in detail Premaitha (NIPT).

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3506 days ago

Avanti Communications – Results all spin no substance & hidden revenue warning (again)

Avanti Communications (AVN) served up full year numbers today and it all looks great. Uber-bombast CEO David Williams, who admits to misleading investors in the past, has put a great spin on what is actually a dog’s dinner. Take the four bullet points financial highlights. Three of them are a half truth, misleading or an outright lie respectively. And there are good reasons not to believe the fourth at all!

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3545 days ago

I’ve just arranged contracts for my luxury yacht but er….Avanti RNS today

I’ve just arranged contracts on that luxury yacht I like, a bit like Bill Gates’ one but bigger.  It will be delivered in 2017 and launched from Wigan Pier. Okay that is not true but I mention it apropos of the latest hogwash announcement from prize bombast and Uber-Welsh David Williams of Avanti Communications (AVN).

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3569 days ago

Avanti – The Profits warning does not stack up

Naturally I am delighted to see bombastic uber-Welsh Avanti Communications (AVN) boss David Williams have to eat humble pie and serve up a profits warning on Friday. But what the statement says and what it does not say is just terribly confusing. I start on June 13th when Avanti stated:

Avanti confirms that trading for the Full Year to June 30th 2014 is in line with expectations.”

Wind forward to July 18th and er…

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3577 days ago

Avanti Communications: Ramp, ramp, pump ramp – er Moody downgrade & when is the placing boyo?

Another day and another “contract win” announced by Avanti Communications (AVN) – natch the value is undisclosed. Friday’s Victor Meldrew “contract win” was – as I explained HERE – very peculiar indeed. And the directors are all making small share purchases. Its ramp ramp ramp time because Avanti desperately needs to do a placing.

Let’s start with the director share purchases so proudly trumpeted by arch bombast and uber-Welsh CEO David Williams. Well so what boyo? What about Caledonia? Caledonia who you say?

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3618 days ago

The Battle of the Bombasts on Avanti Communications: Evil Knievil vs. David Williams

There is little doubt that the two most bombastic men in the City are Avanti Communications (AVN) CEO David Williams and bear raider Evil Knievil.  The battle continues as we can reveal exclusively.

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