410 days ago
The funder of the lifestyle of disgraced, porcine CEO, Neill Ricketts, that is to say Versarien (VRS), will run out of cash and still have debts of almost £8 million by April or May. It has been knocked back on its big grant application to Innovate UK – as revealed here – and so must get a placing away PDQ otherwise the Fat Lady and the Fat Man will be singing a late Spring duet. Can you smell the desperation? For the second time in five days, we have an RNS Reach.
731 days ago
This was announced via RNS Reach today but surely it is significant. In a bad way. In its IPO Prospectus of a year ago musicMagpie (MMAG) said it faced no competition and that competition could not arrive. That was a lie. It already had in the form of E5 billion Unicorn Back Market. Today music says it will also sell its electronic goods on Back as well as its own platform. The financials…
766 days ago
Heck: today’s news is an RNS Reach, that is to say financially insignificant. But when your entire shareholder base makes a garden worm look like the late Bamber Gascoigne in the intelligence department ,that matters little, Supply@ME Capital (SYME) shares are up by 6% on the news.
927 days ago
Another day and another RNS Reach from Bidstack (BIDS). An RNS Reach is an announcement that is not financially significant. But I wonder just how utterly insignificant it will prove to be.
1464 days ago
I have now written not once but twice to the Oxymorons at AIM Regulation regarding the misleading RNS Reach issued by Bidstack PLC (BIDS) on Friday 17 April. The Oxymorons and indeed hapless Mark Brady at Nomad SPARK have yet to respond. So enough of monkeys, I have written directly to Marcus Stuttard, head of AIM Regulation, as you can see below.
To Marcus Stuttard.
cc clueless Nomad Mark Brady at SPARK
Re Bidstack PLC & the misleading RNS Reach of 17 April
2779 days ago
Ergomed (ERGO) receives a "buy" recommendation is the headline of the RNS Reach that has just gone out. It is very unusual to announce a broker report so I had a butchers at the RNS Reach - a Reach is an announcement the Nomad deems not to be price sensitive. Read on and you see why.
3268 days ago
In this podcast I look at three issues: the abuse of the RNS Reach system - something I touched on earlier HERE - and why it needs scrapping; Worthington and all the stink around Frankfurt listings and finally the shameless folk at Thomas Cook.
3419 days ago
Just a quick podcast special looking at how companies lie and mislead investors via RNS and also RNS Reach. The latter & its true (lack of) import is explained. Case studies Blur, Optimal Payments, Quindell (natch) and Outsourcery
3475 days ago
The normal Bearcast will be up a bit later. However I was struck by news releases issued today by ASOS (ASC), Northern Petroleum (NOP), Blur (BLUR) and Globo (GBO) and so recorded a podcast special. Superficially it might seem like good news all round, however:
