3754 days ago
A senior manager at Silverdell (SID) has been in touch and has given me a statement which makes dreadful reading for disgraced CEO Sean Nutley. If the regulators want to nail Sean this is not going to be hard. This statement also makes very awkward reading indeed for Nomad FinnCap.
You can see the rap sheet against Nutley HERE
And you can find out how you can (and should) complain to the regulators HERE
Nutley’s big crime (under market abuse – dissemination) is publishing an upbeat trading statement on 20th June when his main subsidiary had received a winding up order on 13th June (something which brought Silverdell down by July 2 but which Silverdell did not disclose to the market.) I speculated yesterday that perhaps Nutley did not know about Kitsons.
He did. The Whistleblower whose identity I must protect takes it up from here.
3755 days ago
It has been put to me that disgraced Silverdell CEO Sean Nutley might have one – utterly implausible - defence against the charge that he misled investors in June 2013. I wonder if any disgruntled (now) ex-employees of the Kitsons subsidiary would care to get in touch to help me publically shoot this down in flames.
3953 days ago
Shares in AIM Cesspit listed Silverdell (SID) have been suspended this morning with the company stating: Silverdell has requested a suspension of its shares from trading pending clarification of the Group's financial position. Further announcements will be made as and when appropriate. You think the company is bust right? Well it may well not be but this story is a total scandal as I shall reveal now. If the AIM Regulation team gives a flying xxxx about maintaining an orderly market it will throw the book at Silverdell’s management team.
I have now established fully what has gone on and can exclusively reveal all.
