300 days ago
Oh dear. The plans of Quindell fraudster Rob Terry and his young wife Tracey to buy their local boozer, the Square Cow, and turn it into an upmarket seafood restaurant as part of their Quob Park empire have had to be scrapped after a furious backlash from locals.
317 days ago
King of the fraudsters Rob Terry is expanding his Knob Park empire with the purchase of the Square Cow boozer close to the Quob vineyard, as you can see below. I am afraid that in Airstrip One 2023, crime does pay.
425 days ago
Oh dear , oh dear, the woman awarded an MBE for services to business by Mr Vince Cable, the man who attacked we bears for being nasty to the king of the fraudsters Rob Terry, has shown, once again, what a horrible piece of work she is. I bring you three more employment tribunals concerning Drive Software, the insolvent Tesla meets Fitbit outfit controlled by Julie “Lingerie on Expenses” Meyer.
459 days ago
This is not quite what you might expect from someone awarded an MBE for services to business at the behest of Rob Terry defender Vince Cable. But then again, why someone fleeing a High Court Arrest warrant and under an FCA criminal investigation still has a gong as something of a mystery. But back to Lattun.
637 days ago
Dramatis Personae: The Mail on Sunday, a low grade rag whose financial pages ramp any scam going in return for scoops ( see Neil Woodford), Ben Harrington, a “journalist” close to fraudsters like Rob Terry and other colourful characters who will publish stories that suit the fraudsters and colourful characters which may or may not be true, Audioboom (BOOM) a grossly overvalued and overhyped tech play – see HERE – and Robert Bonnier a speculator whose share dealings have been a source of controversy for 23 years (see HERE). Today Audioboom served up shocking news.
722 days ago
No doubt the ESG loon fund manager mates of Chris Bailey will be gagging to invest in Quob Park,the new venture of Quindell fraudster Rob Terry, becuaseshowing his commitment to diversity, Rob now confirms his correct pronouns to folks who follow him on Linkedin. Rob is “he, him” for the avoidance of doubt, as you can see below. And showing that crime does pay, Knob Park is booming and hiring. I can’t wait for the AIM IPO.
864 days ago
I end with a question for you. Who should feature in the Christmas carol here on ShareProphets? Past Scrooges include Chris Oil, Rob Terry, Neill Ricketts and Neil Woodford. Who should join that merry band of fine upstanding citizens? Before then I discuss a chat with a broker about placing ennui, Tungsten (TUNG), what was WPCT (SUPP) and Rutherford Health (RUTH) where we await imminent news of the bad variety.
927 days ago
I discuss the SFO, FCA, FRC, the big four accountants, the media and political classes and the big lawyers and the king of the fraudsters Rob Terry. I fear nothing will change. I go into detail how it could and should, why Rob Terry was guilty as sin giving you chapter and verse. But I fear nothing will change and explain why.
927 days ago
After six years the Serious Fraud Office appears to have dropped the enquiry into the king of the fraudsters Rob Terry. This is a damning indictment of the SFO though Terry will maintain it proves his innocence. I despair. Quindell was a fraud. It lied to investors. Its accounts were bent. It engaged in crazy related party transactions which allowed a series of hoods to make tens of millions of pounds but the SFO cannot get a case together. Watchstone (WTG), which is the new name of Quindell, has just announced:
996 days ago
You may remember the Equities First Holdings (EFH) scandal which we did so much to expose? Fine chaps like the fraudster Rob Terry of Quindell (QPP) would take out a loan at a big discount to the value of shares pledged. They did not care as they knew the shares were way overvalued. The “lender,” EFH, would dump the stock at once so locking in a profit and when the shares fell a bit more the borrower would default. Easy! How to dump your entire holding in a worthless company while saying you were not. A document filed at Companies House, below, but natch not admitted to via RNS suggests the CEO of the fraud Supply@ME Capital Alessandro Zamboni has (again) been reading the Rob Terry playbook.
1082 days ago
I start with two bits of civic duty today. I end with an appeal to those of you ( 90%+) listening who are yet to donate to Rogue Bloggers for Woodlarks, we are now at over £19,000. Help us get past twenty please by giving HERE. Then I have a warning of “incoming” for loathsome Neill Ricketts at Versarien (VRS), discuss Trevor Brown and then at length Bidstack (BIDS) and its clear rule breaking. Then Verditek (VDTK) – looking more and more a zero – Watchstone (WTG) – Quindell as was and the jail cell waiting for Rob Terry, today;s update on that.
1218 days ago
His company Daniel Stewart (DAN) floated Quindell and a host of other frauds. Rob Terry became an investor in it. His brother threatened to beat me up then ran away when I popped up outside the firm’s Christmas party with a video camera. The oiks he employed abused me then went inside to hide. And as I exposed regulatory scandal after fraudulent client after financial crisis, Peter Shea eventually ordered I be threatened with a lawyer’s letter. Natch I said “see you in Court you fascist Bitchez!” There was no libel case brought!
1230 days ago
On Joshua’s Advent calender the shepherds go to Bethlehem. That is almost true, well a bit true as I discuss. In prior years I have penned a three part Christmas carol featuring a villain of the year: Rob Terry, Neil Woodford and Chris Oil have starred. So please nominate your villain of 2020 for this year’s opus magnus below. In the podcast I discuss the IPO of Sarah Willingham’s company Nightcap on a day when most of its bars go into tier 3. She is ‘avin’ a giraffe. There are other red flags and questions to ask. Then I look at Jubilee Metals (JLP) and Bahamas Petroleum (BPC) asking if, on AIM, anyone gives a toss about the law of the land. Finally I look at Dignity (DTY) where i retain grave concerns.
1286 days ago
If you lost money on the £3 billion Quindell (QPP) fraud it might be better to look away now. Welcome to Hampshire Life, a publication which describes the king of the fraudsters, Rob Terry, as an “entrepreneur.” The latest issue features an article with a picture of Rob, showing that it is not just his investors who have lost a few pounds, his charming young wife Tracey and their champagne producing vineyard. Meanwhile the SFO Investigation continues…
1371 days ago
I waste too much of my life on twitter anyway and so I am more than happy to take a 48-hour break starting at 9 AM on Monday. I urge you all to do the same. Rap artist Wiley – a man with an MBE who I admit to having never heard of – last week posted a stream of vile anti-semitic tweets. His manager was so disgusted that he quit. Folks complained to twitter which responded by removing only some of the tweets and giving Wiley a short ban. Twitter should not be offering a platform for a jew-hater and should not allow his messages of hate to remain.
1459 days ago
Companies do not commit fraud, individuals commit fraud. Almost invariably in recent years this has been forgotten. Banks break the rules almost no-one is prosecuted and the banks pay a fine which hurts shareholders a bit but is regarded by the corporate as just another cost of doing business. But why should shareholders pay when they have probably suffered a direct pocket book hit from the fraud anyway? This brings us to Watchstone (WTG), the company once known as Quindell (QPP), a £3 billion fraud which I did so much to expose, getting two lawyers letters, a dedicated put-down company blog and numerous other dirty tricks against me for my efforts. Sound familiar Bidstack (BIDS) morons?
1541 days ago
If you are an AIM listed company and want t tell lies via RNS your go to Nomad must be Bobbie Hilliam of Cannacord. Hilliam signed off on the RNS statements by Quindell that enabled Rob Terry to commit fraud. Now he is in charge of Versarien (VRS) which has also told repeated lies via RNS.
1614 days ago
A couple of conversations last week make me convinced that the day when the SFO brings the Quindell (QPP) fraudsters to book for what was a £3 billion con is not that long away. We know that the fraudster in chief, Rob Terry, emerged terrified from his second interview with the SFO in July, as I revealed HERE, and that the SFO has been on the case for almost six years. I believe the wheels of justice are finally starting to turn and in that vein bring you a reminder of our 50 most read articles and listened to podcasts on AIM’s biggest ever fraud. I should also say that new documents have fallen into my possession that the authorities do not yet have. They will get them this week AFTER I publish them here as they are explosive. Meanwhile back to the top 50. Enjoy!
1699 days ago
A source acquainted with the Serious Fraud Office Investigation into Quindell (QPP) now known as Watchstone(WTG) has confirmed that the fraudster in chief Rob Terry has now been interviewed by the Serious Fraud Office twice, the most recent time being in late July.
1728 days ago
Rob Terry, Jamie Nimmo, Jeff Prestridge, Neil Woodford, another pointless day of shame for the, increasingly limpdick, Financial Mail on Sunday. I discuss this plus why I do not want to come back to the UK after a chat with lovely Eleni and others here in Kambos in today’s bearcast
1729 days ago
I reflect on two sorts of fraudsters in the news, King conman Rob Terry HERE and chaps at Goals Soccer Centres (GOAL) HERE. I offer a cameo of life here in Greece explaining why the economy is such a joke, discuss Versarien (VRS) its latest news, the kiss of death from Zak Mir HERE, and its valuation and also comment on Optibiotix (OPTI) and the demise of the spivs at SVS Securities
1729 days ago
If the Quindell fraudster Rob Terry is, this morning, wondering who his roomie will be when he goes down, perhaps he may be able to discuss accounting fun and games with a member of staff from Goals Soccer Centres (GOAL) which has today fessed up to the scale of its problems as it admits its days on AIM are almost over.
1729 days ago
We know that the Serious Fraud Office investigation into the Quindell (QPP) mega fraud is well advanced. Is this a sign that it is about to get really interesting?
1779 days ago
In today’s bearcast I comment on Quindell fraudster Rob Terry in light of my earlier artice, I look at the FRC, PWC and Redcentric (RCN), ValiRx (VAL), Plutus Powergen (PPG) and at Neil Woodford and IP Group (IPO) which might be next to unravel as the contagion spreads.
1779 days ago
You could not make this stuff up. Watchstone (WTG), Quenron as was is trying to sue its founder, the king of the fraudsters, Rob Terry and others for breach of the share purchase agreement entered into by the Company with Mr Terry and others on 28 April 2011 in respect of the sale and purchase of shares in Watchstone Limited. But now Terry is seeking to counterclaim for £14.7 million. His claim is utterly ridiculous but will waste more of Watchstone’s dwindling cash pile.
1786 days ago
In the dismal annual results for calendar 2018 published on May 9 Watchstone (WTG), Quindell (QPP) as was, claimed to go into great detail on the various legal cases it faces thanks to the activities of its former boss, the King of the Fraudsters, Rob Terry. Except it didn’t. On April 11 it suffered a massive blow in a C$30 million (£18 million claim if faces in Canada from Aviva. This it omits to mention in its finals but luckily I can bring you full court documents and a release from Aviva’s lawyers below….
1811 days ago
Today sees the publication of quite abysmal results from Watchstone (WTG), the company formerly known as Quindell (QPP). It confirms that the Serious Fraud Office investigation into the former management team led by King fraudster Rob Terry is ongoing but there is also bad news for the jug eared virtue signaller Gary Lineker who trousered £5 million from selling free shares in Quenron as the company he promoted, Ingenie, is going down the pan.
1811 days ago
As the King of the fraudsters, Rob Terry, awaits the next news from the Serious Fraud Office on the Quindell (WPP) fraud he is keeping his hand in with his new venture and its sparkling wine offering, which you can see below. Okay, Quob Park Premiere Cuvee Rose Millesime 2018 will not be ready for shiping until next year but if you order now this untested plonk will only set you back £100 a bottle rather than £200 the “target price”. Just send your cheques to Mr Terry and what could possibly go wrong? Bargain!
1851 days ago
When running Daniel Stewart (DAN) for the benefit of himself and his family, Peter Shea sent me a lawyers letter trying to stop me exposing what a crock of shit his company was, as it snuggled up to King fraudster Rob Terry. Better still his brother, also a Daniel Stewart employee as were four other family members, threatened to beat me up. So I doorstepped the Daniel Stewart Christmas Party - the brother hid inside the building. Congratulations Mr Shea & your vile family, you have met the Sheriff of AIM.
1888 days ago
I consider what Rob Terry is doing now as I contemplate the latest threat to Watchstone Group (WTG), Quindell (QPP) as was. I look back on a few other fraud busting successes but view them as fairly irrelevant. I am more proud of my work for Woodlarks and, in that vein, again urge you to sponsor Rogue Bloggers for Woodlarks HERE. I consider DeepMatter (DMTR), Audioboom (BOOM), Centamin (CEY), Yourgene (YGEN), Big Sofa (BST), I3 Energy (I3E) and Kavango (KAV)
1912 days ago
When the boss’s younger brother threatens to “beat up Tom Winnifrith because of the articles he wrote,” when you get into bed with disgraced king fraudster Rob Terry and then send Tom Winnifrith fascist lawyers letters you know that Mr Karma is going to get you sooner or later. You are either on the side of the fraudsters or you support the fraudbusters and that brings us to Daniel Stewart (DAN).
2000 days ago
I have got more chance of shagging Cheryl Cole than Rob Terry has of achieving a £1 billion flotation of his latest fraud but let us humour the old criminal and examine his plans for OS3 Digital Limited, formerly Knob Park Estate.
2188 days ago
In the main bearcast of the day I start by asking what payoff disgraced Dave Whitby got at worthless insolvent POS Andalas (ADL)? And were mugs who backed the latest placing told where much of their cash was going ( i.e. to Whitby). Feel free to contact me if you are an Andalas owning mug. The fat Lady arrives at Nighthawk (HAWK) and looks to be in the wings at Nature Group (NGR) while new problems emerge at Imaginatik (IMTK) - a former Rob Terry fave but I speculate on bigger worries that the Quindell fraudster faces - and at Management Consulting (MMC). I think the fat Lady may well also have an appointment with Widecells Group ( WDC) shortly. I comment on 4 reasons why Advanced Oncotherapy (AVO) shares may be falling and on looming results at Optibiotix (OPTI), where we own shares.
2249 days ago
I know that MySquar (MYSQ) prefers to leak speculation and innuendo as news via the fraudsters poodle journalist of choice, Rob Terry's pal Ben Harrington, but perhaps the holocaust denying fraudsters might consider an RNS PDQ!
2277 days ago
In today's bearcast I ponder why on days like this I bother. I look at Big Sofa (BST) shares in which, I am delighted to say, we own. I look at Versarien (VRS) owning morons at former Rob Terry fave Imaginatik (IMTK), for strategic review read we are fecked, at SIG (SHI) and at Image Scan (DOG). PS Ben Turner calls me to say we did not fire him. As I said Alzheimers. I am happy to stand corrected.
2281 days ago
Ben Harrington is the go to journalist if you are a fraudster who wants to leak news and get a positive spin on it, just ask Rob Terry or the apologists for genocide and securities fraudsters at MySquar. So natch Telit (TCM) has asked him to leak news of the possible sale of its crown jewels , itts aiuto division. Hmmmm.
2317 days ago
I start with the issue that has been bugging me all week, there is light at the end of the tunnel. I review a number of villains like Rob Terry, MySquar's holocaust denying fraudster scumbag of a CEO Schaer & also the China team at Pinsent Masons and look at what 2018 has in store for them. I ask very serious questions indeed of the compliance department at Woodford Capital as Cynical Bear continues to take Neil Woodford apart. My experience as a failed fund manager gives me some insight into the mess I think Nomates is now in. I look at the shocking behaviour of London Capital (LCG) and Real Good Food (RGD) on Friday. Tosserrs. And, like Malcolm, I have a Christmas message for you all and send you all my best wishes. That is unless you are Woodford, Terry etc
2338 days ago
Normally the king of the fraudsters, Rob Terry of Quindell (QPP) infamy cannot keep quiet. He is desperate to tell us all about new disruptive developments at his new Ponzi, Quob Park. But as you can see below, the great man's Knob Park blog has been silent for almost three months. Perhaps there is something else on his mind?
2369 days ago
This is a small side issue in terms of the greater Quindell (QPP) fraud which will, in due course , see Rob Terry and others go to jail but this week Watchstone Group (WTG) as Quenron is now known suffered a minor setback against Terry and others. We publish the ruling in full below...
2387 days ago
Watchstone Group (WTG) has filed its High Court defence against Slater & Gordon's £649 million claim against it for having been sold the fraud that was Quindell Legal Services (QLS). I must admit it makes for impressive reading and is robust. The one person for whom it makes utterly grim reading is the King of the fraudsters Rob Terry.
2395 days ago
In its most recent statement Watchstone (WTG) group suggested that the potential class action against it from folks who lost cash as a result of frauds orchestrated by Rob Terry in the Quindell (QPP) era was minimal. Au contraire. The potential liability was estimated at £9 million but the number of claimants has more than doubled to 1,100 according to a letter sent to claimants which they have been told they must not pass on under threat of legal action. Luckily we have the Winnileaks service.
2429 days ago
Oh dear me, how long is the shadow caused by the king of the fraudsters Rob Terry and his Quenron (QPP) monster? Slater & Gordon (SGH) the Aussie law firm that bought 94% of Terry's assets in 2015 has now officially been brought to its knees with the board all fired, and shareholders almost wiped out, as part of the end game announced yesterday in Oz.
2447 days ago
Relief for Telit (TCM) bulls came at 4.05 PM Monday with news that Davide Serra had bought 1.6 million shares in Telit last week taking his holding from sub 3 to 4%. He only submitted his TR1 after the weekend but paying 160p-180p AFTER we exposed the, then, CEO Oozi cats as the Boston fraudster he clearly knew better than we did. But where did that name Davide Sella ring a bell?
2464 days ago
In five year time, the king of the fraudsters, Rob Terry of The Innovation Group and Quindell (QPP) infamy says he will be floating his latest ponzi, Quob Park Estate for $1 billion. Bollocks. There is more chance of me getting lucky with the entire Dallas Cowboys cheerleaders squad within the next 48 hours. As the SFO investigation into the £3 billion Quenron fraud ratchets up a gear, the only thing Rob Terry will be doing in five years time is praying that his next Roomie at Ford Open doesn't have a taste for ugly older men.
2473 days ago
We asked you a simple question HERE. Look at the mugshots of the dirty half dozen below and tell us the odd one out. For those who could not recognise the ugly sisters they were (top row first, left to right): Dodgy bubble Costis from Greek fraud Globo, Roger Lawson ( who is clearly not a fraudster), the king of the fraudsters Rob Terry of Quindell, lyin' Chris Cleverley of African Potash, Peter Shea of Daniel Stewart and Jimmyliar Ellerton of Sefton infamy. So who is the odd one out? No-one got this one correct.
2484 days ago
Suffice to say the big winners from this transaction are the old gang, the associates of the King of the fraudsters Robert Simon Terry, not shareholders in Watchstone (WTG), Quindell (QPP) as was. But its remiss of the new team at Quenron not to keep you updated. So let me assist.
You may remember that among the 191 worthless businesses which formed the Quenron empire was one called Business Advisory Services (BAS). It was bought in 2012 in a shares based deal from Bradley Wingrave, Simon Rand and Mark Read - Mark featured in a number of Quenron deals.
2488 days ago
Redcentric (RCN) CEO Fraser Fisher is still in place despite his company having admitted to having grossly overstated its 2016 accounts, something that pushed up the shares allowing him to make a killing dumping stock a year ago. The FCA is investigating this matter as are other agencies which almost certainly means the Serious Fraud Office. So far the fall guy has been the ex FD. But I can now demonstrate that Fraser must have been persoinally aware of at least one major fraud, a type of con the King of the fraudsters, Mr Rob Terry, also pulled off at Quindell and The Innovation Group.
2539 days ago
Oh dear, oh dear, the net is closing in on Roberty Simon Terry, the man behind the UK's biggest stockmarket fraud Quindell. Aussie Poltroons Slater & Gordon (SGH) which has almost bankrupted itself after paying £649 million for most of the worthless Quindell businesses from what is now Watchstone Group (WTG) has made an announcement.
The poltroons state that S&G's UK subsidiary has received a S2 notice from the Serious Fraud Office
2540 days ago
More details of how Aussie poltroons Slater & Gordon (SGH) is suing Watchstone (WTG), Quenron (QPP) as was, for £600 million have emerged in the Aussie press. And for Britain's biggest fraudster of the past 30 years, already under SFO investigation, it is not good news. And top of the morning it is to you Robert Simon Terry.
2608 days ago
There are some folks who think that the failure of the Serious Fraud Office (SFO) to arrest king fraudster Rob Terry of Quindell means that Mr 2+2 can = 5 is off the hook. Think again. A source has been in touch.
2614 days ago
When Aussie Poltroons Slater & Gordon spunked £649 million to buy the worthless fraudulent assets of Quindell (QPP) circa two years ago its shares were A$8. They have crashed another 30% today to just 7 cents putting S&G in the 99% club. The signs are growing that the end is not just 90 days away (when it must conclude a debt for equity deal with its banks) but perhaps rather sooner.
2616 days ago
Oh dear. Oh dear. Interim numbers from Aussie law poltroons Slater & Gordon (SGH) are out today and are dismal. The company now has just 90 days to cut a deal with its bankers or it is lights out and any deal will see shareholders wiped out. The shares - A$8 when it spunked £649 million to buy Quindell's (QPP) fraudulent assets - are now just 12 cents. Where's the ouzo?
2627 days ago
I have flagged up many times before that the Hubio (formerly known as the fraud Himex) and Ingenie operations in Canada faced serious issues because they had simply failed to deliver product as promised to major customers such as Aviva. Now it is out in the open with writs flying both ways. Oh dear...this is not going to end well for Watchstone (WTG), the legacy of fraudster Rob Terry strikes again.
2627 days ago
Oh dear. Oh Dear. Another trading statement from Aussie law poltroons Slater & Gordon (SGH) and it is grim all round. The shares - A$8 when the fraudulent businesses of Quindell (QPP) were bought - are now 20 cents. And they will go far lower IF a debt for equity swap is agreed and that is the best case scenario. The Rob Terry Quenron businesses are now shown as worthless, another day of V for Vendetta, Vengeance and Vindication for the Sheriff of AIM. Crack out the ouzo and make mine a large one!
2650 days ago
Criminal Aidan Earley says thatmy work destroys great British Companies. That is what Rob Terry used to say too. What is the difference between those two fraudsters? About £50 million and so far only one has served time. I discuss Winnileaks triumphs today on Advanced Oncotherapy (AVO) and Strat Aero (AERO) and why they vindicated my work so much. Then I look at BT (BT.A), Rosslyn Data (RDT), Cloudtag (CTAG), Sunrise Resources (SRES) and LGO Energy (LGO).
2671 days ago
I am watching high quality TV like Midsomer Murders as the Mrs is away. I am bombarded with adverts for online fashion and holiday booking and am terribly confused - I need health guru Paul Scott to help explain what is going on as something is just not right. Then I look at when the criminal gangs at Quindell (QPP), Globo (GBO) and Worthington (WRN) will face justice. At least one might be in 2017. And I ask why Cloudtag (CTAG) morons want to send cash to a convicted criminal who appears to be living in a £3 million house despite BOTH he and his wife going through bankruptcty. It's all very odd.
2681 days ago
This podcast follows on from A-E HERE, F-J HERE, and K-O HERE. It is perhaps my longest podcast for many moons but are you surprised? Think about what I cover: P is for Potash - as in African (AFPO), Q is for Quindell (QPP), R is for Revenue Recognition as in Redcentric (RCN) and Servision (SEV), S is not for smear (as in Citigate Dewe Rogerson you total and utter bastards) or Strat Aero although both are mentioned but for Sam Antar and T is for Terry as in Rob,
2687 days ago
When Google receives a notice asking it to remove a link to a website, if it doesn't feel like litigating it, it0 removes the link and sends a copy of the notice to LumenDatabase.org. Often, it is used by copyright holders to prevent people from downloading pirate copies of books, films, or music, as in this case where the publisher of Tom Winnifrith Sr's must read book, Fallen Women of the 19th Century, asked for links to be removed.
2699 days ago
Oh what tangled webs we weave, eh Mr Terry? Not distracted by the ongoing Serious Fraud Office investigation that will see him end up in jail, Rob Terry has a new venture. Natch it is one based on an old fraud but that probably won't deter some folks.
2702 days ago
Last year my three part Christmas Carol series starred white collar criminal Chris Oil. The year before it was fraudster Rob Terry. But who to go for this year? There are so many choices. I have a few ideas on my short list below but what do you think?
2727 days ago
The price for buying the fraud that was Quindell (QPP) will be the death of Slater & Gordon (SGH). When its shares do eventually hit zero, or near as damn it, investors should remember that it was not just Aussie poltroons such as Andrew Grech to blame but also the fraudster in chief Rob Terry. And the shares will hit nil. If you are in any doubt look at the debt.
2735 days ago
A couple of days ago I noted how the lamentable London Evening Standard had lifted a cynical bear story from five days previously without attribution and claimed it as its own breaking news. But the Standard is not the only lazy worthless paper on Fleet Street. We now have an even more blatant pinch and this time it is the Daily Telegraph in the dock. No wonder sales of MSM publications are plunging if they run stories that were reported elsewhere on September 27 as their own breaking news on 29 October? This is the tale of Quindell fraudster Rob Terry and his new vineyard funded by the Quob park ponzi.
2744 days ago
Equities First Holdings is back. You remember those chaps who "borrowed" shares from folks like Andrew Austin at IGAS, fraudster Rob Terry at Quindell (QPP) and Ronald Duncan at Cloudbuy (CBUY). Shares in all three companies crashed and all defaulted on the loans so completing what was in effect a hidden share sale. After almost two years the disgraced shysters of EFH are back and this time it is Edi Truell of Tungsten (TUNG) infamy who is dumping shares but wants to hide the fact.
2746 days ago
Remember when the fraudster Rob Terry told his deluded followers that shares in Daniel Stewart (DAN) were worth 10p each. In those days they were listed on AIM but Terry reckoned that they could be worth even more when delisted. Hmmmm. Now slung off AIM things seem to be going from bad to worse.
2766 days ago
In this bearcast I refer to my article on the Trump & Clinton debate overnight and what it means HERE and the latest shocking expose of Quindell fraudster Rob Terry HERE. I warn about bad things happening in Euro land and the worst of tem all is Deutsche Bank. There is a Radio 4 programme tonight on AIM fraud at 8 PM. I am not involved but some fine upstanding members of the community are. that is irony in case the loser Roger Lawson thinks I have forgiven him and ShareSoc for defending the blinkx law breakers by smearing me and Ben Edelman.Elsewhere I look at the role of certain NEDS who are Tim not so nice but fucking dim. I cover the Cloudtag (CTAG) scam, Northern Petroleum (NOP) - placing ahoy _ and Imaginatik (IMTK) as well as China fraud Jiasen (JSI)
2766 days ago
The annual report from Quob Park Estate, the new ponzi scheme of Quindell fraudster Rob Terry is out and is a cornucopia of his best tricks of greed and accounting fraud. It is a delight. Leopards do not change their spots.
2786 days ago
I look at the SFO decision on Tesco (TSCO) and examine what exactly it means for the fraudsters such as Rob Terry & Jon Stretton Knowles of Quindell who are now under investigation. And where does it leave smaller AIM listed frauds such as African Potash (AFPO), Cloudtag (CTAG) and Eden Research (EDEN). Then I look at the demise of crowdfunded new media darling of fuckwit millennials - Pronto. This is a massive scandal if anyone cared to look. Did anyone backing the funding back in June of this year know the company was already bust? Companies house shows that is the case HERE. Does crowdfunder Seedrs feel no responsibility to flag up such matters? There are also read acrosses to listed tech plays such as Clouldtag to consider.
2787 days ago
The Serious Fraud Office (SFO) has today charged three individuals, Carl Rogberg, 49, Christopher Bush, 50, and John Scouler, 48, with one count of Fraud by Abuse of Position, contrary to section 1 and 4 of the Fraud Act 2006 and one count of False Accounting contrary to s17 Theft Act 1968. These are the first charges brought against folks at Tesco (TSCO) for cooking its books. The timescale is fascinating for those interested in the fate of Rob Terry and the other Quenron fraudsters...
2787 days ago
Things are moving fast at the fraud African Potash (AFPO). So far it has not - as threatened - instigated legal proceedings against me but in light of specific information now in my possession which is enough to see folks bunking up as Rob Terry's roomie we say bring it on. See you in Court Bitchez! We sense that some of the rats in camp Afpo are getting skittish so the question is which one abandons this sinking ship of fools and fraudsters first? You decide, please vote in our African Potash rat poll below - deadline midnight Sunday.
2803 days ago
This is not quite what Slater & Gordon (SGH) promised its shareholders when buying the fraud Quindell (QPP) in early 2015 - today there was a pre results profits warning. The management tried to polish it up but a turd is a turd however one views it.
2806 days ago
Say what you like about fraudster Rob Terry, the man is a comedy genius. I am sure that when he does get sent to prison he will be providing entertainment for his fellow inmates in all sorts of ways. But away from the shower block one way will be as a comedian. Terry's latest commentary on the "blog" of his new ponzi, Quob Park Estate is a comedy classic.
2824 days ago
The FCA is set to fine Cenkos over the Quindell fraud, the FRC has thanked me as it panned Quindell for fraud, and the SFO is making good progress on the Quindell fraud yet some morons still blame me for the penury they suffer as a result of ignoring our warnings that Quenron was a fraud. These fools really do believe that Rob Terry was a good guy and, unbelievably, are still trying to put me out of business. Step forward a troll on the ADVFN Asylum posting crap under the nom de plume NickyName.
2825 days ago
The most excellent BestInvest has today published its annual "Spot the Dog" Review of British based fund managers and - by value - around half of the cash invested in funds it terms dogs sits at M&G. And the worst fund manager among those managing UK equities only is Tom Dobell at M&G, the man who likes chucking other people's money at fraudster Rob Terry of Quindell over and over again. Among the heroes is, naturally Terry Smith of Fundsmith, the best performer in the "global" category. The full listings of dogs in each sector is fascinating. Well done Dobell, you are, if nothing else, consistent. That is to say consistently useless.
2829 days ago
Part of the Knob Park Group of ponzis run by Quindell (QPP) fraudster Rob Terry, before he is put on trial and sent to prison, Quob Park Solutions has recently published what are the most bonkers set of accounts in Christendom.
2837 days ago
Even the Quindell fraudster Rob Terry would have been ashamed of this nonsense. Yesterday I flagged up how the latest ramptastic RNS from FastForward (FFWD) was sheer bollocks in the made up numbers department. Today the company has responded with an explanation which will have you pissing yourself. It is so utterly mad that the company's Nomad must surely be considering its position (or have no shame). This is sheer comedy.
2838 days ago
Oh dear, oh dear, oh dear., if my father had not drunk it all, it would be another ouzo moment for the Sheriff of AIM with news that Ingenie Canada is no more. We have been warning for ages that the Toronto based frauds of Rob Terry were falling apart but Watchstone Group (WTG), the rebranded Quindell has been in denial. There you go.
2887 days ago
It is no shock that the Rob Terry bar of soap caption contest produced a flurry of entries as you can see here which focussed in on a similar theme. Terry knows all about folks getting an unexpected shafting does he not? Soon he will find out that the Good Lord was right after all and that it is indeed better to give than to receive. Anyhow the winning caption is:
2887 days ago
I prepare for a celebration lunch with lefties in the grim North. Woe is me. But my mind wanders to what else was happening in 1966? I am really not on the ball today. Then I ask how can we say that investors are protected if fraudster Rob Terry can raise cash for his Knob Park ponzi via crowdfunding? Then I answer the question in today's Daily Mail (a loathsome rag) - in a low interest rate era should you pay off your mortgage?
2887 days ago
It appears that the answer to that question is yes. Terry has not only said he is going to do it but he has told the FCA how he is going to do it. And the chocolate teapots appear happy to let this continue. It is bad enough that Terry boasts that he made in excess of £30 million from the Quindell fraud, but it seems in Britain he can carry on stealing and no-one cares.
2887 days ago
You could not make this up but fraudster Rob Terry is getting into crowdfunding working alongside Peter Shea, the boss of disgraced ex AIM Casino listed China fraud specialist Daniel Stewart (DAN). It was, of course, Daniel Cesspit that listed Quindell on a fraudulent prospectus and signed off of the fraudulent deals with TMC Southern, that conjured up entirely fictitious profits for Quenron in 2011. The SFO will sooner or later arrest Terry and he's going to jail, but it seems as if Shea is determined to implicate himself by association.
2887 days ago
Watchstone (WTG), Quindell as was, has today admitted to the full scale of the Himex fraud - the Hassan Sadiq Rob Terry con at the heart of Quindell - full details are HERE. In light of this please supply suitable captions, in the comments section below, for the picture below in honour of Robert Simon Terry. Deadline: midnight Sunday.
2887 days ago
With the Serious Fraud Office closing in on Quindell (QPP) fraudster Rob Terry and his gang, the round up of suspects is going to be made easier by the way more and more of them are pitching up at Rob's new ponzi, Knob Park. The latest gang member to join is Tim Scurry, a Canadian now embarking on his 4th venture with Terry.
2887 days ago
Recording in Kalamata, I have one last day in sunny Greece before I head back to the UK for five days of family time. Boo hiss. I start with another reminder of how thick some AIM folk are - London Capital (LCG). Then I look at the different way that private and public businesses account for profits running through how Sam Antar cooked the books at Crazy Eddie's. That makes me reflect on accruals causing me to examing the balance sheet of Lombard Risk (LRM) as Phil "InterX" Crawford drives it onto the rocks and also how Robert Simon Terry accounted for industrial deafness, something that will send him to gaol.
2887 days ago
Himex was the biggest single acquisition fraud perpertrated by Rob Terry at Quindell (QPP) and today the scale of that £100 million plus fraud has been laid bare as the re-branded Watchstone (WTG) has publsihed 2015 results. These show that statements made by new management with 2014 results were rash reckless and misleading but also that the Serious Fraud Office is still going after Terry and his cabal.
2901 days ago
I would like to say that Quindell (QPP) fraudster Rob Terry has Time on his hands but I imagine that using the words Time & Rob Terry in the same sentence might make him feel uncomfortable. Anyhow I am delighted to see that his new ponzi, Knob Park has at least, well in fact just, one fan.
2925 days ago
Anyone who uses the phrase "to be honest " or "I'll be honest" before making a statement is usually lying and that brings us to fraudster Rob Terry who uses that phrase in today's laughable interview with the Sunday Telegraph. One claim is that he made £30 million from the Quindell (QPP) fraud. Natch: Terry is lying as he does every time when there is a Y in the day he is speaking.
2925 days ago
I now conclude my four part series on Rob Terry's remarkable interview with the Sunday Telegraph with the most shocking part, his denial of all wrongdoing, off all known facts. Whatever his actual mental state, Terry sounds like a psychopath.
2925 days ago
I start this podcast with a bit of a reflection on one or two excellent pieces this weekend notably my own stuff on African Potash (AFPO) and the Horse Hill ramp but also the cracking piece today by Cynical Bear on Fast Forward (FFWD). In the bearcast I also look at a stack more Brexit lies as well as discussing why Rob Terry has broken cover and where the SFO is with its investigation into the fraudster.
2925 days ago
Rob Terry's interview with the Sunday Telegraph today really is a laugh a minute. Having noted how he things S&G got a bargain buying Quenron assets - a deal that has pushed it to the brink of insolvency, Terry then moves onto the AIM market. Rob is concerned about its standards of regulation. Fuck me this is ridiculous.
2925 days ago
Fraudster Rob Terry has given an exclusive interview to the Sunday Telegraph which is sheer comedy at numerous levels but shareholders in Slater & Gordon will not be laughing for Terry really kicks them in the goolies. S&G shares were $7.95 when it bought 92% of the Quindell business. A year later they are 29 Aussie cents. But Terry says:
2925 days ago
Non Executive Directors are meant to be there to keep executive directors in check on behalf of other shareholders. That applies if you are dealing with an honest CEO or a psycopathic fraudster such as Rob Terry of Quindell (QPP) infamy who now runs the Knob Park Ponzi. So which NED's keep the old crook in check?
2925 days ago
The tawdry tale of fraud involving Canadian listed penny dreadful Biosign (as of 2 weeks ago bust) and fraudster Rob Terry is finaly drawing to a close. Terry has fessed up to the final chapter on his lamentable Knob Park blog.
2973 days ago
Watchstone (WTG) has offloaded another of the joke/frauds bought during the Rob Terry era to its management at a stonking loss. The sale of Quintica for £1.35 million is good news for Watchstone but shows once again what a crook the fraudster Rob Terry was.
2974 days ago
This podcast looks at three men. First is the criminal fraudster and expenses thief Rob Terry and I discuss what sort of trial and what sort of punishment needs to take place and be imposed. Then it is fund manager Neil Woodford and I look at his growing biotech headaches. Finally the greedy pig Richard Chase of Nyota. If you have not yet listened to yesterday's special on this failure of a CEO please do so and send the email I request.
2974 days ago
This is the least of the problems facing fraudster Rob Terry. A looming arrest by the Serious Fraud Office and a likely multi year jail term is top of his worries but now Watchstone (WTG), formerly Quindell (QPP), is accusing him of six figure expenses theft.
2982 days ago
I start with Jimmy Savile as I have no apologies for running this yesterday.The BBC enquiry is just another establishment cover up and I explain why. Then it is onto investor denial at Petroceltic (PCI), not at Premaitha (NIPT), but at LGO Energy (LGO). I explain why Volex (VLX) is - and always will be - a shit company. Then I ask Rob Terry and Knob Park to unblock me on twitter as we should all have an online beer and popcorn party late on Sunday when Slater & Gordon (SGH) reports its results. I'll be up to do a special podcast and it will be fun. I hope you'll be joining me and that Rob will unblock me so he can take part too. There is also a brief comment on Nyota (NYO) where the piggery by a useless CEO is about to stop.
2984 days ago
I've got more bad news for fraudster Rob Terry. No, it is not the Serious Fraud Office & Quindell (QPP). That is for later this year but probably Rob won't have to wait that long for the 6 AM knock. This time it is Daniel Stewart which is almost 10% owned by Rob's new ponzi Quob Park Estates. It seems as if the cash burning broker is now out of cash and has had to start borrowing just to keep afloat. Pro tem. Oh dear.
2991 days ago
Two matters in this bonus podcast. Secondly proposed changes to pension rules. The odious twit Jacob Rees Mogg MP calls this socialism. It is not, it is fewer tax breaks for the uber rich and I explain why chancellor Osborne should go further and tell the son of privilege Rees Mogg and others where to stick it. But first, someone accuses me of being jealous of David Lenigas as he is rich. Folks used to say I was jealous of Rob Terry's wealth and that is why I attacked him. Au contraire, fraudsters and shysters will always have more money than I but it is not their wealth that angers me but how they accumulated it as I explain for Judith W who - pathetically - posts:
2992 days ago
And there was I thinking that the good Lord Howard and his colleagues on the board at Watchstone (WTG) formerly Quindell (QPP) wanted nothing to do with fraudster Rob Terry. How wrong was I?
2993 days ago
We covered the total fraud that was Quindell's (QPP) dealings with Canadian listed company Biosign - a fraud the new management has tried to paper over - HERE . You will never guess what has happened now.
You could not make this up. Yes Rob Terry;s new ponzi Knob Park has done a deal with Biosign. Biosign tells mug Canadian investors that:
3004 days ago
Warning: perhaps it is best not to play this podcast in front of the kids. On the agenda today I remember when Evil Knievil was a 3Dimmer - good investors accept that facts change, I note this in reference to MX Oil (MXO). I also discuss the folly of leaping to conclusions with reference to Falanx (FLX) and cover DQ Entertainment (DQE) and why Nomads are so skittish these days. Then it is on to Imaginatik (IMTK) and my old sparring partner the fraudster Rob Terry before I end up with a discussion of spraying ones todger and what to make of the situation at Plethora (PLE), the baby of my old friend Jim Mellon
3012 days ago
The fraud that created nearly all of the fictional profits reported by Quindell (QPP) in 2011 was the panama pump involving Mark Ford's TMC Southern. I exposed it HERE in August 2014, got a fascist lawyers letter in response, and Quindell admitted that my allegations were correct in the summer of 2015. But still Rob Terry and his pal Mark Fraud are trying to cover up this ford. Check out Companies House HERE
3016 days ago
I am sorry for the delayed podcast but I am only just back from time in the Grim Northern welfare safari with the mother in law and thus can now let myself go with a volley of bad language. I end with an explanation of who benefitted from the £150 million + Himex fraud at Quindell (QPP) laid bare earlier HERE and how it also affects Watchstone (WTG). Before that I talk of my annoyance on the silly blogger spats and the explain the difference between a cash shell and an investment company and why I regard our work on exposing the latter as invaluable. In the middle segment I have more bad news for oil companies such as XCite (XEL), IGAS (IGAS), Petroceltic (PCI) & Gulf Keystone (GKP) and for the sector as a whole but also for the markets. Dont blame China, we bears are still in the driving seat.
3016 days ago
Himex was the biggest fraud in the Quindell (QPP) Augean stable but until now the scale of that fraud totalling hundreds of millions of pounds has remained hidden because Himex has now FINALLY filed accounts. The company has now changed its name to Hubio Solutions Ltd and snuck out accounts - on my Birthday - which the Serious Fraud Office will just love. It is bad news for Rob Terry but also for Watchstone as it exposes the myth pushed by the bulls that its ongoing businesses have any value.
3021 days ago
Disgraced corporate adviser Daniel Stewart will have its shares thrown off the AIM Casino on Friday. Its balance sheet is a train wreck, it is burning cash, its reputation is in tatters and its shares are worthless. So what happens next?
3030 days ago
I deal with three sorts of folks who are in denial. Quindell (QPP)/Watchstone (WTG) owning BB nutters who still insist that Rob Terry may be innocent and I may be guilty, Paul Scott who sees value in retail stocks and the China nutters who cannot accept that what is going on is more than a little blip. Once again I warn that this podcast contains strong language.
3031 days ago
Heck,it may have a new name but it seems that the bury the bad news approach of fraudster Rob Terry still pervades at Watchstone Group (WTG), the company formerly known as Quenron (QPP). Perhaps it would like to tell us about the Canadian lawsuit it picked up this week?
3035 days ago
As we revealed here our poll on the stockmarket villain of the year 2015 was rigged by someone in Manchester voting numerous times from the same ISP, encouraged by the lying criminal Chris Oil. And so we have three potential villains of the year.
3037 days ago
We have featured a range of total wrong'uns on these pages during 2015 but who do you think was the biggest stockmarket villain of the year? Rob Terry for the Quindell fraud but also for his Knob Park antics at Imaginatik and Daniel Cesspit or was he the 2014 villain? David Lenigas for the fiasco at Lenigas Cuba and the disgraceful antics of Afriag as well as the Horse Hill fiasco? Peter Landau for finally getting his comeuppance? Criminal and liar Chris Oil who surely gets his collar felt in 2016? Naibu's Houyan Lin? What about Costis from Globo? The AIM Casino short list is in fact a depressingly long list but you can vote from the dirty dozen I have shortlisted below. Deadline midnight 3rd January.
3040 days ago
Sorry that material appeared late on this website today. I was out last night at a play on Christopher Street which some of you may well know well - that explains one part of the headline. Elsewhere I look at interims from Daniel Stewart (DAN) which is just a plain farce. Then onto Afriag (AFRI) and the attempted bribe and LGO Energy (LGO) the two Jabba The Hutt plays. Fraudster Rob Terry was a big fan of Daniel Stewart and also of Imaginatik (IMTK) which I discuss. Fitbug (FITB) is mentioned as - in more detail - is Scancell (SCLP) which seems to be pump priming for a placing.
3042 days ago
I am back with my daughter's lefty Godparents in Brooklyn, New York. My daughter is also here and so thart means a few days of no swearing podcasts. Jeepers it is hard. Anyhow in this podcast I refect on post stockmarket crashes and how and why they cause certain white collar crooks to finally face justice. Yes Chris Oil and Rob Terry are mentioned.
3043 days ago
Merry Christmas to you all. In this podcast I reveal my seven heros of 2015 from the AIM casino and my ten villains. Yes David Lenigas does feature as does Rob Terry, Marcus Stuttard, Roland "fatty" Cornish, Paul Scott and the firm of Daniel Stewart - can you guess which category each of them are in?
3052 days ago
Yesterday Quindell (QPP) fraudster Rob Terry announced that his Knob Park vehicle had spun out a new subsidiary ( which is this still controlled by Mr 2+2 can = 5) , Quob Park Technologies and that "Quob Park Estate (the parent), along with its partners, will be providing advice around the company’s future development strategy, fundraising and corporate financing activities, including any potential IPO". Rob you are avin a bubble.
3076 days ago
Last weekend I explained HERE how the purchase of the fraudulent and grossly overvalued business of Quindell (QPP) by Slater & Gordon (SGH) earlier this year threatened the Aussie poltroons with a drowning in debt wipe-out – quite simply it is not generating any cash, thanks to Quenron. This afternoon things got worse, much worse. Thanks to Chancellor George Osborne, shares in S&G are now almost certainly heading for zero. It is now the short of the century.
In his Autumn statement Osborne unleased a bombshell on the ambulance chasing industry. I quote
3082 days ago
The fraud at Himex was one of the biggest at Quindell (QPP) and the new board seems intent on burying the bad news. It has made bullish statements about the state of play at Himex knowing full well that it could not justify those statements. Now the unit’s founder Hassan Sadiq, a long term henchman and near neighbour of fraudster Rob Terry, has left the company. This whole thing stinks and the NEW board as well as the old now faces massive questions.
3083 days ago
How much did the fraudsters at Quindell (QPP) pay - with ther folk's money - to their mates who owned the duff entity at Ingenie which was going to conquer the world? Remind me did Jug ears Gary Lineker make £5 million or was it only £3 million. How about Rob Terry’s pal Richard King? We always knew it was a load of hot air and now as the Serious Fraud Office prepares to swoop on Terry and others (not Jug ears, I stress) the new board at Quindell is quietly shutting down the fraudulent non-operations.
3093 days ago
One good turn deserves another and following Big Dave’s black tie event on Friday (see here) we hear that down at the scrubs they are planning a charity event on B Wing for David “I drown my enemies in confetti” Lenigas. Noting that Lenigas Cuba might soon have to return most of its cash to mug punters and that LGO looks set to go tits up, a committee has been established to bail out Big Dave. Details are sketchy but inmates are awaiting the imminent arrival of Mr Rob Terry of the notorious Fareham Five gang”
3094 days ago
I am still recovering from lunch with Paul Scott yesterday. It was great fun but I have no idea how I made it back to Bristol and now I want to go to bed again. In this podcast I discuss the idea of investing in bad companies at the right time. I look at Rob Terry's antics on Friday at Daniel Stewart (DAN) and Imaginatik (IMTK) and discuss flip flop tipping Red Rock Resources (RRR).
3097 days ago
Over at Ponzi Quob Park (QPE), the fraudster Rob Terry of Quindell (QPP) infamy has penned a lengthy post about Daniel Stewart (DAN). It is shocking and begs massive questions.
3098 days ago
The shares of Lenigas Cuba (CUBA) are taking another beating on ISDX today as folks desperately rush for the exit. But it’s hard to get out of a lobster pot so hey presto, Big David Lenigas rustles up a good news press release. But the problem is that the RNS is pure bollocks and everyone knows it. These days if Dave says 2+2 = 4 most folks would find themselves calling for Rob Terry to check Dave’s maths before believing the fat Aussie share ramper.
3101 days ago
The last tweet was September 23. But Quindell (QPP) fraudster Rob Terry and his Knob Park ponzi are again tweeting promising news next week. Might this be an update on his discussions with the Serious Fraud Office or from fraud to farce, news about AIM Casino POS Daniel Stewart (DAN)?
3106 days ago
The scandal at FRAUD Globo (GBO) is still getting worse: we have now had news that Globo CEO Mr Konstantinos Papadimitrakopoulos has been selling shares - 42 million of them, and a further 10 million have been "pledged" in a now defaulting "loan" deal with Lantau Holdings in a deal which has echos of the Equities First which was used by fraudster Rob Terry and his henchmen. The shocking statement reads:
3107 days ago
Once upon a Quindell (QPP) time the fraudster Rob Terry seemed to be suffering from twitter diarrhoea. But for the past six weeks his new mouthpiece, the Quob Park Ponzi scheme has been almost silent. One might almost suspect that on legal advice the fraudster was being advised to say schtum as he awaits arrest by the Serious Fraud Office. He should not have to wait long. But, meanwhile, what about his discussions with Daniel Stewart (DAN)?
3123 days ago
As the Company’s House filings emerge more details of the various Rob Terry frauds at Quindell (QPP) emerge and the latest concerns Ingenie, the insurance company for whom Gary Lineker made £5 million. This is a panama pump. And it is black and white slam dunk, jail meriting, fraud, not for Lineker who is innocent of any wrong doing but for many others.
3128 days ago
The revelations today by Nigel Somerville make it clear that Rob Terry is up to his old tricks again with regard to share dealing in Daniel Stewart (DAN). Somewhere along the line he is dissembling in his regulatory filings. Nomad Roland “fatty” Cornish is already in all sorts of hot water over the scandals at Gate Ventures (HERE) and New World Oil & Gas (HERE), he now needs to save what is left of his reputation and quit acting for Daniel Cesspit now. I have written him a letter in the spirit of compassion and brotherly love urging him to do just that. It reads:
Dear Roland.
I write to you as your friend. I write to help you. There is no need to thank me for this I just wish to help you. Because I am, as you know, just such a nice guy.
I appreciate that you have had a spot of regulatory bother of late
3133 days ago
Quindell (QPP) fraudster Rob Terry told deluded followers of his new Ponzi Knob Park Estates that shares in Daniel Stewart (DAN) are worth 4.2p possibly 10p. Oh dear. They closed today at 1.4p (off 6.7%% for some reason) and well after hours we got a dire profits (or rather lack of profits) warning.
3138 days ago
Rob Terry will, I am sure, soon be arrested by the SFO over the Quindell (QPP) fraud but the crook is not finished in his criminal ways. Via his new Ponzi, Quob (Knob) Park Estates he is clearly guilty of market abuse concerning AIM listed Imaginatik (IMTK) and I have asked the FCA to investigate. Perhaps worried about this Terry has been deleting tweets.
Knob Park has built up a 14% stake in Imaginatik – a company that is only NOT bust – because Chairman Matt Cooper lent it $110,000 to keep the lights on a few days ago. But that has not stopped Terry talking his book.
Yesterday Knob tweeted:
3141 days ago
Finally the Quindell (QPP) fraudster Rob Terry has filed calendar 2014 accounts for his new vehicle Quob (known as Knob) Park Estates. Questions, questions.
3143 days ago
The fraud Quindell (QMC) has now formally admitted – what I proved well over a year ago and the FCA & AIM Regulation opted to ignore – that Mark Ford’s company TMC Southern was used to create totally bogus profits for Quindell in 2011. In fact its £3.5 million fraudulent contribution – funded by a panama pump of shares – accounted for nearly all the stated £4.1 million profit. It seems that Rob Terry and Mark Ford are working hard to “bury” this bad news. It will not wash with the Serious Fraud Office.
3146 days ago
Jeremy Corbyn was right not to sing the Natonal Anthem and its a poor song anyway - that was my earlier podcast today which you can hear HERE. In terms of the markets it is all my Christmases at once - a chance to comment on friends including the greedy bastards who run Vislink (VLK), fraudster Rob Terry, Daniel Stewart (DAN), Imaginitik (IMTK), ValiRx (VAL), Motive TV (MTV) and also on SeaEnergy (SEA) and Avanti Communications (AVN). Then there is comment on the bad AGM result at Hotel Corp (HCP) - victory for the crony capitalist bastards on the board - all that is wrong about AIM. And I start with words of praise for my pal Jim Mellon noting events at Copper Development (CDC) and also at Glencore (GLEN) - is this a Burmah Castrol moment?
3149 days ago
Last year my three part Christmas Carol series concluding on Christmas day featured the Quindell (QPP) fraudster Rob Terry. In a prior year Evil Knievil featured. I was thinking about this year’s offering today but whose Christmas Carol will I be recounting?
To give you a flavour of what lies in store, the Rob Terry series can be found HERE.
There are so many obvious targets for satire from the AIM casino.
3156 days ago
Issue 4 of the UK Investor Show Magazine is now out and can be accessed below. Jim Mellon, Rob Terry (prison update), the stockmarket crash (a buying opportunity?), Advanced Oncotherapy, 6 other share tips, accounting for Geeks from myself and Chris Bailey. There is something for everyone..
3156 days ago
Forgive me but in the excitement last week I forgot to keep you posted on episode 7 of the world's worst TV series, Life on Marbs, a reality TV show brought to you by ITV and starring Quindell fraudster Jon Stretton Knowles. Welcome to episode 7 and Jon (Tango to his mates) is planning a spectacular 35th Birthday Party. But...
Has he invited his old pal Rob Terry or is it just the designer vagina slappers from Marbs... Watch below as all is revealed
3161 days ago
Via his new scam Knob Park Estates the Quindell (QPP) fraudster Rob Terry has sent out a new missive which even by his standards is a quite deranged piece of fantasy. It begs just so many questions and almost makes me want the SFO to delay his arrest so that he can keep entertaining us with such nonsense.
Terry admits that the recent stockmarket weakness has affected the value of listed investments. I should cocoa. Quindell is off by a fifth and Daniel Stewart (the largest investment) by 60% from its peak. But this is Terry of creative accounting fame so Quob Park’s NAV is going to be boosted by other sorts of profits. Natch we turn to fraud
3174 days ago
I am meant to be offline in Greece but I log on and discover the flip flop Turney is writing bullish nonsense on Quindell (QPP). The lad should really stick to writing three articles a day about New World Oil & Gas (NEW). After yesterday's news from the FCA/SFO I discuss who goes to prison with the fraudster Rob Terry and where this leaves the shares. Those who dismiss YLF tend - like flip flop - not to have spoken to them and - as a result - not to understand what is going on.
3176 days ago
Some CEOs have clearly abused twitter telling outright lies (Rob Terry) and being somewhat aggressive with the Truth (Mr 3D I meant 2D seismic). But having failed to deal with major scandals of fraud and lying the oxymoron that is the AIM Regulation is wading in with draconian edicts that will achieve nothing.
3177 days ago
I am grateful to a keen Quindellologist hailing from the Grim Northern post-industrial welfare safaris for this detailed re-analysis of the Quindell (QPP) restated 2014 results. It demonstrates the extent of the accounting fraud by Rob Terry and why he is heading to jail. It also shows how much trouble the saps at Slater & Gordon (SGH) are in and why its shares will continue to tank.
3177 days ago
Yesterday I raised the issue of the Bahamas based market manipulators LOM Capital which had a 2.15% stake in Quindell after its RTO onto AIM on May 17 2011. Hat tip to a reader from the grim post-industrial Northern welfare safaris for taking this matter further but we are now left with new questions for the fraudster Rob Terry.
3177 days ago
So what was Rob Terry doing hooking up with the Bahamas based financial criminals back in 2011 when he floated Quindell (QPP)? Answers on a postcard to the Serious Fraud Office (SFO) I suggest.
3183 days ago
One of the things that jumps out from the 2014 Quindell (QPP) accounts was the candid level of disclosure about the NIHL business. Rob Terry and the rest of the committing fraud squad would never have given this much info. Schoolboy errors all round from the Newbies. Bearing in mind that previously the first anyone ever heard of this shit was the investor presentation in June 2014 and that which we at ShareProphets subsequently pulled to pieces, the starting point has to be the numbers of claims.
Page 6 of the 2014 accounts
3185 days ago
Heck I could not resist...a new Rob Terry, Quindell and Quob park video has been created to celebrate the SFO Criminal Investigation into the fraudster. Enjoy.
3185 days ago
We all know about Rob Terry’s insider dealing in shares in November 2014 thanks to the shysters at Equities First Holdings. But that was small beer compared to the level of insider dealing had attempted to undertake in April 2014. His “get out of jail card” on that one came, ironically, from Gotham City Research.
3186 days ago
Bear raider Evil Knievil yesterday announced that he had bought shares in Quindell (QPP) and claimed that the stock was worth 150-180p – his valuation is not that much different from that of the fraudster Rob Terry who has a 172p target. Both are talking complete and utter bollocks.
3186 days ago
The fraudster Rob Terry of Quindell (QPP) infamy is a busy guy as he prepares for the inevitable dawn raid by the Serious Fraud Office as a precursor to a trial and a custodial jail sentence. His latest posting on the website of his new vehicle Quob Park is quite simply delusional.
Terry discusses the merits of getting a public listing HERE and argues that it would be better if Quob Park did not list. Hmmm. We can think of another good reason or fifteen why a listing is not going to happen. How about the fact that Quob’s founder (Mr Terry) is the subject of a SFO Criminal Investigation? Or the fact that PWC has come out and said that the accounts he prepared at Quindell (and even its IPO document) were plain fantasy? Or that Mr Terry misled the poor lambs at KPMG in relation to prior audits? The list goes on. And on. And on.
It is just inconceivable that a Rob Terry entity could gain a public markets listing. Even the AIM casino would say no and no Nomad in town would touch Terry with a bargepole.
Then Terry goes onto to argue that Quob’s biggest investment – Daniel Stewart
3187 days ago
Do you want to win an award as an entrepreneur? Shimples Sheeples, Aiden Earley of Worthington Group (WRN) is here to help. Might I suggest that the Great fraudster Rob Terry of Quindell (QPP) and his old pal Jon Stretton Knowles of Life on Marbs and the Quindell fraud sign up right away.
Episode three of Life on Marbs staring our old friend Jon Stretton Knowles (of Quindell infamy see HERE) went live last night. I tried to watch it but I could not get past the first scene which featured JSK in excruciating toe curling action. If you are made of sterner stuff you can watch the horrors unfold HERE
3188 days ago
We have been telling you this for months but the Serious Fraud Office (SFO) has just announced that it is investigating Quindell (QPP). Oh dear Rob Terry perhaps not a day for dropping the soap jokes is it?.
3188 days ago
In this part of the bearcast I go through all the frauds admitted to by Quindell today, the bungs, the lies, the non disclosures, the revenue recognition issues, the panama pumps. Most of this has been revealed on this website already but today Quindell fessed up. What we said abut Himex, TMC, Stretton Knowles, the fraudster Rob Terry...it was all true. And that means that Rob Terry WILL go to prison for this. And so will others.
Part two of this podcast - what happens now to shares in Quindell and Slater & Gordon is HERE
3188 days ago
You have to end on a high and so that is it for a while from me. Full stop. Unless Rob Terry is arrested (whch will happen at some stage), I am not filing here any more. Because it does not get much better than today. Quindell has just released its 2014 results and I am 100% vindicted now. And so there is a two part Bearcast. In part 2 (this one), I explain what next for shares in Quindell and Slater & Gordon. One more bearcast and it is ouzo o'clock.
You can listen to the other part of this podcast - the sher scale of the biggest stockmarket fraud for 30 years HERE
I suggest that UK Investor Show Magazine which came out this weekend now looks visionary on this fraud. You can read it here
3189 days ago
We broke the news of the fraudulent reporting of transactions between Quindell PLC (QPP) in the era of Rob Terry, and Canadian near bankrupt penny stock Biosign on this website 200 days ago – today Quindell has blown C2.5 million to paper over this embarrassing mess.
Biosign yesterday announced:
3190 days ago
My father is at Church and the the pub and so I am able to record a quick podcast covering three themes. First the snearing and dying deadwood press - something prompted by THIS. Then interest rates. And then Wandisco. For more on Wandisco, as mentioned in the bearcast, Investor Show magazine out this weekend HERE
3192 days ago
The August Edition of UK Investor Show Magazine is now live and the cover story explains why the fraudster Rob Terry of Quindell (QPP) infamy should, and will, go to prison. There are seven share tips from Tom Winnifrith, Zak Mir and Steve Moore and the ShareProphets writers answer the question "if you had to what stock would you bet the ranch on". Amanda van Dyke explains why she is still a gold bull and there's more..
3205 days ago
I sense that this bloke chose a name based on hope rather than actual achievement as his last two tweets show him to be 100% delusional.
3208 days ago
I am not at my sharpest, the Irish gene was at work last night. Working through a hangover I welcome foxy Beatrix from Budepest to Free Speech & Liberty Pizza as a replacement for the disgraced witch Christina from the Carpathians. Back in the world of shares this podcast looks at Mosman Oil & Gas and JD Wetherspoon then onto Rurelec, Falanx and Jiasen. Finally, I have a detailed discussion about the Rob Terry stocks, Imaginatik (read Steve Moore's piece today) and Daniel Stewart - when the insider and fraudster is led away in cuffs as he surely will be both these stocks will collapse.
3211 days ago
Earlier today I cited the case of AIT and its FD Gareth Bailey as a reason why disgraced Laurence Moorse the ex FD of the fraud Quindell should rat on Rob Terry and plea bargain. I now bring to the attention of poor Larry, the case of Mark Woodbridge the ex FD of fraud Torex Retail.
3211 days ago
The former FD of Quindell (QPP) Laurence Moore probably made less than a million quid after tax from the fraud. His boss Rob Terry made at least £30 million. Yet poor Larry is like Terry facing wipe-out fines and a good stretch as a guest of Her Majesty. I have urged him before to rat on Terry and the other big crooks to reduce his personal discomfort (think of the showers, Larry) but I now invite him to consider the case of AIT and its FD Gareth Bailey and to think again.
3213 days ago
China is opening down another 2% today. Almost half the stocks out East are still halted or suspended so what is today’s (failing) panic reaction from the Authorities? Yes – arrest the bears, putt the pandas in cuffs because as we all know, the only reason shares fall is because of evil bears. Rob Terry really should list his latest fraud Quob Park in China.
According to translations on Zero Hedge :
3216 days ago
Nigel Somerville penned an excellent piece yesterday on Quindell founder Rob Terry's new fraud Quob Park and its confetti issues as it claims to grow its NAV. In this podcast I explore that further and have a number of questions for the fraudster Terry about how he is managing this vehicle. Needless to say its shares should not be touched with a bargepole.
3219 days ago
In order to create the momentous fraud that was Quindell (QPP), Rob Terry established 191 subsidiaries. Most traded with each other. Some were issued with Quindell shares which they then dumped to allow them to “buy” bogus services from other Quindell companies. Monies were borrowed and leant so that by late 2014 even Quindell could not keep track of what was going on.
3222 days ago
What a great day. Lord Michael Howard tightens the noose for Rob Terry and the Quindell (QPP) fraudsters HERE and then China fraud Jiasen says there is no reason for its share price fall. Er...I think we can all think of one can we not? Then on to JQW, China Chaintek and Camkids - watch out fella's the Sheriff is gonna get you. Ditto Phorm which is next up followed by Iofina. there is comment on Premaitha. Then onto how I dont take bribes from companies to write nice things either directly or via UK Investor Show as a Northern slum dweller seems to think. Finally there is an expose of the POS that is CIC Gold and on the scumbags behind it.
And fear not Champagne Charlie Gibson fans, I had not forgotten about you. Just a reminder of why the Edison analyst is a convicted felon HERE and as a bonus a reminder of how it is not only the poor he screws HERE - and a reminder of why I feel the urge to remind you all HERE
3225 days ago
Oh happy days, oh happy days. Firstly my daughter turns 14 today. Born at just 1lb 4 oz she was a miracle baby and has turnd into a cracking young lady. Secondly the Slater & Gordon/Quindell mess gets messier by the day. Lube up Rob Terry, B Wing awaits. And then I move onto Greece and China to equity market valuations and then on to Progility, HSS Hire and Lamprell.
3225 days ago
I have known for months and months and reported it here that the Serious Fraud Office had at least interviewed folk on Quindell (QPP). The weekend press suggests that the SFO is now formally on the matter, something that has massive implications for insider dealer and fraudster Rob Terry, Quindell and possibly for Slater & Gordon. This comes on a day when Quindell warns that its accounts will be delayed – oh dear, oh dear.
For Terry the SFO news is a disaster. The FCA has the power to fine him a multiple of the proceeds of his crimes but the involvement of the SFO means that a custodial sentence is a gimme. Do not think that the FCA and SFO are at an early stage on this matter they have been on the case for months. In the case of Terry what is interesting is who joins him in the dock. Hapless ex FD Larry Moorse is certain to be there but I’d bet a fiver that ex CEO Rob Fielding will be there too, not least for the £2 million bung he picked up as part of the £30 million deal to buy a worthless business from convicted Nigerian fraudster Andrew O’Dua. The NEW board at Quindell was made aware of the O’Dua/Fielding scam and did nothing. It strikes me that all sorts of folks in Hampshire should be stocking up on the KY Jelly as they prepare for life in B Wing.
Quindell itself
3226 days ago
Brokerman Dan feels that this website has slighted him in suggesting that after a flurry of bullish tweets on Sefton Resources (SER), he and his little friend Chris Oil sold their shares last week. Dan Levi insists they have sold none. Okay.
In the past Chris Oil has sold shares in Sefton on the same day as he tweeted that folks should buy. But 2+2 does not always equal 4, as the great Rob Terry would say. I take Levi at his word and thus I am happy to apologise on behalf of this website and I look forward to a complete lack of RNS’s on this matter to 100% vindicate my old friend. However…
3227 days ago
On 19 August 2014 Quindell (QPP) put a statement up on its website about someone it dismissed as a "blogger" accusing me - for it was me - of making it all up and promising shareholders that it would take legal action against me. A truly fascistic lawyers letter (in full below) from legal eagles Dorsey & Whitney arrived the same day. It demanded that by 4 PM that day (ie within hours) I must withdraw all artices, sign an apology drafted by Quindell and that if I did not that Quindell would seek an injunction and sue me for damages and costs. Fuck you Quindell, Robert Terry and Dorsey & Whitney, see you bitchez in court.
As I noted at the time, the idea that I would sign a confession drafted by Rob Terry is Stalinist or Orwellian or both. It was like the though 1984 was a blueprint not a warning.
I did not cave and yet Quenron
3227 days ago
An easy spot the difference competition for the weekend. I give you the logos of AIM listed Quindell and the new Rob Terry fraud Quob Park Estates. Can you spot the difference? Enlighten us in the comments section below. My entry is:
3228 days ago
Leopards do not change their spots and neither does Rob Terry. His business career shows a consistent pattern of fraud. And now - before he is sent to prison - he is playing with other folk's cash once again at Quob Park. Congratulations to ShareProphets reader Showtime for this post which explores a bit of what the old crook is up to.
3228 days ago
In light of the recent news about internal, FCA and SFO enquiries into Rob Terry and Quindell (QPP) I was wondering if all those who threatened, smeared and bullied me for exposing this fraud would care to apologise? The most fascistic lawyers letter I got was from the top libel firm of Schillings as the fraudster and insider dealer Rob Terry spent £750 an hour -of shareholders cash - to try to shut me up. That letter can be read below.
Natch
3228 days ago
In today's podcast I relay my experience of Argos, there is always something new in life. Anyhow I now have new headphones so I hope the sound quality is better. Then onto Daniel Stewart, Rob Terry, Imaginatik, Mwana Africa, ValirX, biotech in general, Auhua Clean and IGAS
3229 days ago
Oh dear, poor old Quindell (QPP). Following news of the FCA investigation and additional internal checks on Rob Terry’s accounting fraud, I can reveal that those plan ing a class action have now appointed a top barrister as they prepare to lodge a claim. This is an additional threat to the special dividend this fraudulent company had promised.
Your Legal Friend, which is organising the class action, has appointed Philip Marshall QC as Lead Counsel for the potential group action on behalf of Quindell shareholders. Mr Marshall QC has a cracking reputation and track record in the area of financial and investor litigation and already has a similar lead role in relation to significant investor actions against Tesco PLC and RBS Group PLC being conducted by other respected legal firms.
YLF commented on the FCA
3230 days ago
Ching ching, a day to celebrate. This podacst starts with two apologies ( one to Big Dave Lenigas) and covers Alecto, Daniel Stewart, Elementis, Afren, Mosman, Monitise and of couse Rob Terry, fraud, Quob Park and Quindell
3230 days ago
Feeling 150% vindicated over the Quindell fraud the first celebratory ouzo beckons and in that vein let's have a Rob Terry caption contest just for fun. Simply post your captions for the picture below in the comments section.
3230 days ago
The FCA is now investigating Quindell and Quindell itself is reviewing some of Rob Terry's dodgy deals. Terry should lube up and prepare for prison as explained HERE but instead the POS has issued a statement via his new fraud vehicle Quob Park which we translate for your benefit.
Terry states and our translation is in bold:
3230 days ago
Shares in Quindell (QPP) have today been suspended on news that the FCA is now formally investigating and that Quindell itself is now investigating a host of other fraudulent related party transactions over and above the over-statement of profits. The fallout for Rob Terry, Quindell shareholders, ex CEO Rob Fielding and the other crooks in the cabal will be massive. Jail beckons for some. Daniel Stewart is in the merde as Quob Park will unravel. For me I am now 100% vindicated. Or as Rob Terry would have, it 2+2 = 150% vindicated.
To those folks who harassed me with legal threats (Schillings your letter is on display at Free Speech & Liberty Pizza to remind you of your shame), with death threats (also on display), with smears, with attacks and harassment of myself, my dependants, my colleagues, I suggest a moment of reflection. I do not expect apologies, but reckognise that I use the word "fraud" only where I can prove it and months of painstaking analysis - you can see here - proved that. I have now been fully vindicated.
The statement is a horror for Quindell and reads:
3231 days ago
Is charting cobblers? Of course it is. Zak Mir tried to pretend otherwise at Zakstraderscafe last night but ended up defending fraudsters and liars including Rob Terry and arguing that fraudbusters were the real criminals. The debate was one sided. It made the Brazilian mens national team against the West Ham ladies look like a level contest. To see the Sith Lord crushed watch below.
3232 days ago
In the disgusting and sordid depths of the AIM Cesspit, the Kingdom of fraudster Rob Terry of Quindell (QPP) infamy the lastest minnow in the headlights is Casino listed Imaginatik (IMTK) - shares in which are up 41% at 8.125p, valuing it at £5.7 million. To see the true Terry stench check out twitter.
3235 days ago
Rob Terry and his latest Quindell missive, the latest Sefton farce, the China frauds, the sheer level of mendacity, greed and corruption on the AIM casino is at a level which I cannot remember but the authorities do sod all and all the time the Private Investor gets screwed. This week AIM celebrated its 20th birthday and its allies in the crony capitalist cabal on Fleet Street lapped it up. I am sorry to say that my old pal Geoff Foster of the Daily Mail penned a vomit inducing piece HERE which needs "fisking"
3235 days ago
Quob Park Estates the new vehicle of Mr Robert Simon Terry of Quindell infamy has just released a "research report" overnight on Quindell (QPP) which accuses the new board of hiding facts - most notably of hidden share options and staff departures - but also of destroying shareholder value in the businesses that remain. It also discloses that Quob Park has sold all its shares in Quenron though it argues that the group is still worth 172p (down from 210p). The document also tries to rewrite history. The sham of a note is below.
3238 days ago
Daniel Stewart (DAN) has today been forced to say that it knows of no reason for the increase in its share price and to warn that it's bailout £1 million funding will be at a discount to the current share price. Daniel Stewart lies. The reason the shares are heading to more luducrous levels is that Rob Terry, the fraudster and insider dealer of Quindell (QPP) and The Innovation Group (TIG) infamy is ramping the shares and here is the email that proves it.
3275 days ago
On 30th April I ran an article stating “Daniel Stewart – shares suspended at 4.30 PM today?” The shares were in fact suspended the next morning as the company had been unable to find a replacement Nomad for Westhouse which quit on April1. Shares in Daniel Stewart will retrade from tomorrow as it has found a Nomad that will act for it but with very odd conditions. Daniel Stewart responded to this article by sending a pompous and fascistic letter demanding that I pull the article within 48 hours and swear never to repeat its content or else. Suffice to say I will see the bitchez in Court but the tone of the correspondence is both amateurish and fascistic at the same time.
The original article (which I am happy to republish here so screw you Dan Stew) reads:
3276 days ago
Nomad Beaumont Cornish, run by Roland “fatty” Cornish may act for China fraud Gate (GATE) and have covered himself in opprobrium over New World and Digital Learning (see HERE) but even fatty draws the line somewhere and that is over getting involved with Rob Terry of Quindell infamy.
Terry is an insider dealer. That is to say he traded shares in Quindell when in possession of price sensitive information (the resignation of Canaccord). He is a fraudster. That is to say he committed securities fraud when on 2 September 2013 Quindell issues shares to party A stating that it was to party B as a reward for hitting performance targets when in fact it had missed those targets by a mile. And there are numerous other frauds Terry committed but this is the easiest slam dunk.
On March 31 Terry
3285 days ago
The countdown to the possible suspension of trading in shares in disgraced AIM casino broker and (ex) disgraced AIM casino Nomad, and China fraud specialist Daniel Stewart is well and truly on. Thanks to disgraced insider dealer and fraudster Rob Terry of Quindell infamy, the shares could be suspended tonight. Jolly good.
Former Nomad Westhouse quit on April 1
3286 days ago
At the AGM of the London Stock Exchange (LSE) tomorrow, Lucian Miers, Nigel Somerville and others will be quizzing it over the lack of regulation on its in house casino. I refer to AIM. So here is something I might ask and it comes from the fraudster and insider dealer Mr Robert Terry, formerly of Quindell.
3298 days ago
Nomad Westhoiuse has done the decent thing and quit as Nomad to shamed and disgraced Daniel Stewart (DAN) and it is all down to his links with the insider dealer and fraudster Rob Terry of Quindell infamy as I explain in this podcast. I really enjoyed recording this.
3298 days ago
Is the FCA a total joke? We shall see and the man who is going to help answer that question is insider dealer and unconvicted fraudster Rob Terry. This is interesting.
At 4.35 Daniel Stewart announced:
3301 days ago
Okay, we know that he committed accounting fraud, securities fraud and insider dealing. We know that the FCA and SFO are investigating him but perhaps the QPPSAG want to back Mr 2+2 can = 5, Mr Robert Simon Terry once again? Well I can reveal how to go about it.
3312 days ago
Happy Easter to you all. All except Rob Terry that is. In this podcast I end up discussing evidence I have of bribes at Quindell and what I shall be doing with it. I start with a demolition of both Mosman Oil & Gas and also the troughers at Kenmare Resources.
3314 days ago
I start with Aiden Earley and Worthington - Gotcha! It was NOT an April Fool, he really is speaking on "faith & money" at UK Investor Show on April 18. Then on to Quindell, Daniel Stewart, the criminal Rob Terry, Coms, Hunter Resources (sorry bad language in that section but the tools deserve it), Real Good Food, China Chaintek and the other Fujian frauds, Afren, The Innovation Group and then West African Minerals, Mwana, my good friend Jim Mellon and the issue of shareholder democracy.
3315 days ago
Fraudster Rob Terry buying into disgraced and worthless broker Daniel Stewart? Labour saying it was the party of deficit reduction? Can life get any stranger. Yes it can thanks to old Mother Worthington (WRN). Its latest RNS just takes bizarre to a new level, something I discuss in this podcast special.
3315 days ago
It has just been announced that Mr Rob Terry now owns 7.4% of Daniel Stewart. Is it THE Rob Terry, fraudster, insider dealer and crook? I explain why that Rob Terry owes Daniel Stewart a favour plus there is a follow up on Gulf Keystone.
The shares are now 1.8p valuing this POS ( Daniel Stewart) at c£13 million. It has unrestriced ( ie non reg cap net cash) of c£600,000 and is, at best, making a tiny profit. This is a stonking short.
3316 days ago
At one level a triumph. Quindell threatened me with libel action becuase I accused it over overstating its profits ahead of and after its rescue bailout in November 2013. I accused it of fraud. It has today said those profits will be restated. It thus raised money on a fraudulent prospectus and folks should go to jail. Those who bought at 660p+ on the basis of those bogus, fraudulent profits and other lies should be demanding that Rob Terry be prosecuted becuase they will never get that money back.
On the other hand the shares will not go to 0p so an apology. Quindell admits - as I asserted - that without the Slater & Gordon deal it is bust. But S&G is committing corporate hari kiri. I look at where its shares are going (down) and where Quenron will head from here.
My critics seem to think it would be a good thing if I retired. I have a clear message for them. In exposing fraud and lies at Quindell I am now vindicated. I have numerous other AIM Casino scalps over the past two years and I want more. And so I shall continue to go after your pals the fraudsters including the uber serial criminal Mr Robert Simon Terry.
3324 days ago
I have had a few battles with Foxy Bex and her colleagues at Redleaf Polhill over the past two years because of its willingness to represent absolute liars and criminals such as the Cupid gang and Rob Terry of Quindell. Redleaf (and indeed Foxy herself) has now taken on another client which they know full well is run by a liar and a charlatan and which is an investment disaster waiting to happen.
The corporate advisor to this POS Company has taken on board what I have had to say and returned calls in a polite and professional manner. But Redleaf has avoided doing so for a period of eight days. I am constantly told that the team representing this company is “in meetings” but my calls to them and to Redleaf boss Emma Kane are just not returned.
Eventually
3328 days ago
All will be revealed in due course but this is going to raise money for Woodlarks, will be a lot of fun at UK Investor Show and I ask for your help. Simply nominate your top nine stockmarket knaves or buffoons of the past 12 months – all must be from different companies or organisations. For starters here is mine:
1. Rob Terry Quenron
2. Marcus
3345 days ago
Doug Ware of Worthington tried to bully me into not exposing his company as a top to bottom fraud with letters from his ninth rate lawyer, smears on his corporate website and by calling in the Police. Doug you picked on the wrong man. Folks round at Daniel Stewart threatened to beat me up partly because of what I wrote about Houyan Lin, Naibu and the other Daniel Stewart China frauds. They picked on the wrong man too. And so here's a song for you both and for Rob Terry of Quenron who played the same game. And for all the Bulletin Board Morons out there who smear, harass and threaten me.
Hat tip to reader (JPS) for this selection, in the words of another guy who was born a rebel (ie in Dixie in his case) and is called Tom...
3352 days ago
On Wednesday a reader sent me a photo of a Greek statue with caption perhaps intended for Mr Doug Ware, the CEO of Worthington. I wonder how Mr Ware is getting on consulting with Houyan Lin of Naibu, Rob Terry of Quindell and JimmyLiar Ellerton of Sefton who ran other companies I attacked to see how they can deal with The Sheriff? I gather Jimmy Liar has a nice mansion in Hawaii – paid for by Sefton Shareholders (minus 99.99%) – perhaps they could all meet up there. Anyhow I asked you if you could supply an even better caption for the photo below.
3354 days ago
How is Doug Ware of Worthington getting on consoluting with Houyan Lin of Naibu, Rob Terry of Quindell and JimmyLiar Ellerton of Sefton who ran other companies I attacked to see how they can deal with The Sheriff? Perhaps they should all meet up in Fujian to see how they can wield the "sword of truth" together? Despite Doug's best efforts to get The Old Bill onto me I have made it to Greece. I knew that the false passport that Mossad provided as we jointly organised the global shorting conspiracy would come in handy one day.
Meanwhile a reader has sent in a picture just for Mr Ware to which he has already added a suitable caption. It is Greek themed
3359 days ago
My latest book is dedicated to the fraudster Robert Simon Terry, the founder of Quindell (QPP) and highlights 49 Red Flags, warning signs you should look for before investing in shares. Number 31 is excessive spend on PR and IR. To get your free copy of the whole book sent to you today fill in the form HERE - meanwhile here is No 31
3362 days ago
Long, long chats yesterday with a Liverpool lawyer and a helpful reader email allow me, I think, to explain why the underlying cashflow miss at Quindell in H2 2014 was in fact UP TO £85 million ( not the £45-60 million I had demonstrated). And I think the key to the miss is accruals and when Quenron started its Industrial Deafness push and how it accrues for it. This is a bit geeky but I believe explains the mystery in full. It has clear implications for the Rob Terry insider dealing case, demonstrates clear market abuse and also if one reads through to 2015 shows why Quindell is insolvent. I also try to explain why I have never had the surname Cochrane (sorry Quindell Quislings). And I cover the importance of the Tosca news.
To support our continuing campaign against fraud on the AIM casino (but also main market listed frauds) click HERE
3366 days ago
My recent book 49 Red Flags serves up 49 ( its actually 50) signs that you should not be owning a given share. The book is dedicated to Rob Terry of Quindell (QPP) who serves as a case study for most of the Red Flags mentioned. You can get a free copy of the book sent to you today by filling in the form HERE. As a sample here is Red Flag 26.
3373 days ago
I sense that a good number of shareholders in Quindell (QPP) also have stock in Afren (AFR) and Worthington (WRN). If the last of those three is ever unsuspended it is lining up to replace Quenron in my affections when Rob Terry’s creation goes bust. It truly is a POS built on sand. As such if you are hunting for a week 11 winner of Bulletin Board Moron of the week I suggest a good look at the Worthington threads might be in order. In terms of a week ten winner, the full list of rantings from the insane is here but the winners are:
3379 days ago
Kevin Ashton was the analyst at Canaccord tasked with covering Quindell. When he handed in a note refusing to say buy or set a price target Rob Terry told Canaccord it would be fired as joint broker if it published it. So Ashston was fired. He is a feared analyst with a forensic mind and great integrity and he will now be speaking at the UK Investor show on April 18.
3393 days ago
The valiant corporate campaigners Gotham City called Quindell (QPP) brilliantly with its first report but has now said that its second report is out soon and that it will be slashing its 45p price target. Interestingly last time Rob Terry rebuffed Gotham as he tried to protect Rob Terry. This time will the new management fight to save Rob Terry’s reputation or will it just blame all the crimes Gotham uncovers on Mr 2+2 can – 5? But…
3399 days ago
This is a small piece of accounting fraud by Quindell (QPP). It all goes back to Lava - Rob Terry's first big fraud. In a nutshell this shows how Mr 2+2 can = 5 ran Quenron with old pals and why there is so much worse to come.
NB In the podcast I erroneously refer to Lavasoft. Of course I meant the now defuncy Lava Systems Inc founded by PH and brought down by RT
3405 days ago
After not one but two visitations from the ghostly figure of the grandfather of Christmas share blogging, Rob Terry was jolly glad to be back in his massive four poster bed. His faithful watchdog Cencord slumbered on, snoring loudly and oaccsionally licking his master's toes, but still young Mrs Terry had not returned from her girl’s night out and it was now quarter to midnight.
This created a vague sense of unease
3412 days ago
Yes it was all a dream, Rob Terry muttered to himself as he tried to banish thoughts of the ghostly apparition from his mind. He turned over to young Mrs Terry as if seeking confirmation. But she seemed still to be out with her girlfriends clubbing in Southampton. And she was not the only absentee from the marital bed.
One of his two faithful poodles Canakos had also disappeared. “I’m sure he will be back soon thought Terry, I’ve fed him lavishly for years. If not I’ll wait a few weeks and then announce that he has left.” But at least the ever faithful watchdog Cencord remained on guard, snoring loudly, oblivious to all around him, but occasionally, in his sleep, licking his master’s toes.
Suddenly the windows blew open
3413 days ago
It was the night before Christmas and all was still at the Country Club, Rob Terry called home. The great man himself had decided to call it a day early and was lying (as is his wont) on his enormous four poster bed. Young Mrs Terry had said that she was going out with girlfriends To S.Daddy, a new nightclub in Southampton and so Rob’s only companions were his two faithful poodles Canakos and Cencord who lay snoring at the foot of his bed.
The two watchdogs were definitely off duty that night, as every night, but Rob himself was finding it hard to fall asleep. He tried counting sheep. 1 + 1 makes 2, 2+ 1 makes 3, 2+ 2 makes 5, it went on but to no avail. Pulling on a Quenron corporate Christmas Jumper
3415 days ago
Daily Mail Readers are today lashing out at their paper for flagging up that Quindell (QPP) shareholders are signing up in droves to take a class action against the fraud and the fraudsters. This is a Great British Company, paying taxes, creating 4000 jobs and with £1 billion in sales they say. No it is not as I explain below & I speculate on how much Rob Terry and his henchmen have taken out of Quenron.
3421 days ago
In light of today’s revelation that a Class action is heading towards Quindell, the fraudster Rob Terry and others I have just sent a friendly email to Terry, Laurence Moorse and folks whose firms may well become co-defendants in a class action suit: Peter Shea of Daniel Stewart, Bobbly Hilliam at Cenkos, Emma Kane at RedleafPolhill and Victoria Geoghehan at Bell Pottinger. Gents & ladies it is payback time...hope you all have good lawyers.
Dear All
3421 days ago
Law firm YourLegalFriend will tomorrow launch an initiative aimed at pursuing both Quindell PLC and its current board of directors as well as Rob Terry in order to get back the vast losses suffered by investors in Quindell.
Yourlegalfriend is a well-established firm of lawyers run by Colin Gibson, a KPMG-trained accountant (nearly 10 years with the firm), who was later a listed company FD then CEO on first a main list then an AIM listed company for a total of around 8 years.
I have spoken to Mr Gibson and he understands the issues and is serious in pursuing this matter. I have urged him to widen the action into pursuing Canaccord, Cenkos, Daniel Stewart, Redleaf PR, Bell pottinger and KPMG and he states that as more evidence emerges that the scope of the action is likely to be widened. The release that will be issued tomorrow follows. I urge all Quindell shareholders who have lost money on this fraud to contact Mr Gibson and his team first thing tomorrow.
QUINDELL INVESTOR CLASS ACTION UNDER ACTIVE INVESTIGATION
3421 days ago
I am really trying to be helpful here to Quindell (QPP) because I am just such a nice guy and its Christmas and West Ham are almost safe from relegation and that sort of thing. And in that vein I have drafted a letter for Rob Terry to send to Ray Zimmerman, the boss of ZAI Corporate Finance. It reads:
Dear Mr Zimmerman,
3422 days ago
What was Quindell’s (QPP) worst investment? It is hard to know. £2.77 million for Skillwise (sept 2013), a company with no assets bought by its previous owner the day before for £68.40 including VAT is a prime contender. The £150 million spent on the cash consumptive shite that is Himex must be another. But how about a luxury executive box at the Emirates?
Yes, the ability of Quenron to waste shareholders cash knows no limits. I would have thought that having to watch Arsenal all season is a good enough punishment for some crimes but reckon that Rob Terry deserves an far stiffer sentence when he finally meets justice – at least a decade inside and a £19 million fine, for reasons I explain HERE.
But Quindell does indeed have a box at the Emirates. If you are a glutton for punishment,
3425 days ago
The chocolate teapots that are the SFO/FCA have prosecuted just 46 people for insider dealing and 29 have been found guilty and not one has been sent to prison. But the scale of Rob Terry’s Quindell crimes mean he should be the first. I suggest he face the maximum 7 year prison stretch and a fine of £19 million (fines can be unlimited) – the question is how many times has he dealt on inside knowledge.
We know when he made a net 7 million quid on November 5th from share sales ( which he said were buys) that he did so knowing that Canaccord had quit as joint broker – information not released to the market. That is slam dunk insider dealing.
3426 days ago
Rob Terry told the Quindell morons that he would buy shares at 180p. Today it was announced that he had sold c24 million of his 37 million shares at c40p. What more do you morons need to know?
So you know that this lying, insider dealing, fraudster
3426 days ago
No apologies but this Bearcast contains strong langauge. Fraudster Rob Terry has dumped nearly all his Quindell (QPP) shares. It is time for the morons to apologise to me as I am now 110% vindicated. I discuss lessons learned (other than do not mess with the Sheriff) and also what folks should do next. Start by apologising to me and my staff then have a measured go at Terry, AIM Regulation, Cenkos, Daniel Stewart, Canaccord and KPMG.
3428 days ago
I have just had a Quindell (QPP) shareholder on the phone. Not any old shareholder but a veteran of class actions. I warn you KPMG, Rob Terry and Cenkos you are potentially in big trouble, this man is very serious and knows exactly what he is doing. Ahead of that I examine what happens next for Cenkos, Rob Terry and shareholders. It is not pretty. And I now have new questions for the FCA about the scale of Rob Terry's insider dealing.
3428 days ago
Quindell (QPP) insists that its suppliers and customers still have faith in it and that none at all have been spooked by its shares falling 90%, its founder Rob Terry being sacked and investigated for insider dealing and the fact that Quenron is paying suppliers ever later. Of course that is patent bollocks so Quenron tell us about Swinton?
3430 days ago
Today's revelations on Quindell (QPP) are shocking. How do the Morons feel now knowing about the wage deferral, that they were mislead about the cash position on October 13 (market abuse) so they bought shares and Rob Terry, Laurence Moorse and Steve Scott were able to sell. How do they feel about that? You guys were suckered. Now you need to stop getting angry with me and start directing your anger towards a board that has stolen your cash.
But it is worse. The Company now knows that market forecasts re cash generation in H2, re the cash position and re profits are all hopelessly wrong. It has allowed meaningless staff memos to be leaked to reassure you but in fact its senior staff already know the grim truth. It is again a breach of all sorts of rules not to have told investors. But sadly you folks were kept in ignorance and have averaged down. You now need to show anger against Quindell for that. And against Cenkos for not keeping its cienmt in line. Cenkos has made £12 million from Quindell in the past 12 months and has real questions to answer.
On Monday these shares should be suspended and Quindell needs to admit the grim truth. The suspension should only be lifted if Quindell avoids administration which is unlikely and when it can fathom out the depth of its problems.
Following that perhaps I might get an apology from those I have tried to warn since April 2013 but in earnest since March this year. "Dear Tom, we are sorry for the death threats, the abuse, the lies we spread about you and Real Man, we are booking a table next week and will leave an enormous tip as a way of sayng sorry, yours A Moron"
3431 days ago
Today Quindell (QPP) has announced that it has issued c100,000 shares that it should have issued a few months ago to the vendors of Iter8 a POS Canadian company it bought last year. The company was founded and run by Mr Tim Scurry whose CV is fascinating. Yes its hand-outs for a Rob Terry mate par excellence.
3433 days ago
Are these folks certifiably insane or is this parody? You really just do not know these days but this post has it all: a blinding faith in Rob Terry, total lack of historic knowledge, ludicrous bid story, technical analysis, total innumeracy and the Harriet Green to be CEO story. Could this be the most brainless Bulletin Board Moron yet or is just an attempt at humour. Given how many loons here are out there I suspect the former and Jerry2Toes is the Bulletin Board Moron of the day. From the ADVFN Asylum I bring you:
3434 days ago
On August 19 2014 Quindell (QPP) threatened me with a bully boy lawyer’s letter demanding inter alia that I sign a grovelling apology drafted by it, pay its lawyers bills and damages and that it would get an injunction against me to stop me accusing it and Rob Terry of being a fraud. As with all fraudsters you will note that Terry was using the company’s lawyers (i.e. not his cash but shareholder’s cash) for his case. I now publish that letter in full. And I ask the liars, crooks and frauds at Quindell where is that injunction?
3434 days ago
We are giving Bulletin Board Moron of the Week a rest for now but it will be back. And so thanks to readers Jane & Bobby Chariot we have a new contest for you all – “The 12 Days of Quissmas” – all you need to do is provide lyrics for a contemporary version. All entries must starts with “On the first day of Quissmas, Rob Terry gave to me, a stonking short on QPP”.
3436 days ago
Right now we are focussing on Rob Terry's lies about share trades and about how he and Fidelity are racing to offload their worthless stock in Quenron (QPP). But there is another pressing issue which is just how grim is the cash position. I put it to you that while Mr Terry's personal bank account might be bulging, back at Quenron the position is dire and that is why Mr 2+2 can = 5 is so keen to offload his stock at almost any price. I explain why the game is almost up.
3441 days ago
Redleaf Polhill, the PR firm for the fraud Quindell (QPP) is holding its "tech showcase 2014" next Thursday in the City with five of what it terms "the most interesting plays" presenting. And yes, you have guessed it! One of those interesting plays is Quenron. I am almost tempted to delay my Greek trip by 48 hours to go along for the free booze, canapes, coke, hookers and the chance to hear Rob Terry present and field some questions.
But I have a sneaking feeling that Rob might not be there either because he has quit, because Quenron has collapsed or beacause he just could not face the humiliation and ridicule. I am also not entirely certain that given the active complicity of Readleaf in a smear campaign against me, that the unprincipled crony capitalist PR bimbos would even allow me to attend. Presumably they would argue that it is just for "proper" investors like Tom Dobell at M&G or for thick as shit journalists like Harriet Denys who wont ask tough questions.
3441 days ago
The default position of Quindell (QPP) bulls is that in a worst case scenario it can be saved as was the Innovation Group (TIG) when the fraudster Rob Terry exits stage left. They might not get all their cash back but they would not lose everything. In this podcast, I examine this proposition and conclude that it is rather different this tme and hence why 0p is the only end game for Quenron.
3441 days ago
I have demonstrated that Rob Terry and Quindell (QPP) have committed accounting fraud, Securities fraud and lied to investors on a serial basis. The shares are tanking because last week Terry said he was buying shares when he was in fact selling in size. The man is a conman and his company has from the start been one big con. If you still own shares just look at the character of the man. I take you back to 2011.
3441 days ago
For those who think the directors of the 5 AIM Casino Companies doing business with Equities First Holdings LLC took out a loan here is a bit of required reading. And if Cenkos thinks that the stock "loaned" by Rob Terry of Quindell (QPP) has not been dumped ages ago then its chumps should read this too.
3441 days ago
In response to a number of requests I have created another Quindell (QPP) downfall video featuring all your favourite characters in this gripping tale: Rob Terry, Laurence Moorse, Cenkos, Equities First Holdings LLC, Steamy, bullyboy lawyers Schillings, Canaccord, Daniel Stewart, foxy Bex at Redleaf PR, Paul Murphy and Dan McCrum from the FT, the FCA and of course the press chearleaders for the bulls, Shares Magazine and Zak Mir.
My last Quindell downfall video was recorded when the shares were 138p. You can watch it here.
The shares are now 69p.
3441 days ago
Fair dues to Ron Duncan at Cloudbuy (CBUY) – he has done a similar deal to the Quindell fraudsters with Equities First Holdings LLC claiming to buy shares when he has in fact sold. But in his statement this morning he has at least fessed up to what price his margin call will be at. Rob Terry and his fellow fraudsters at Quenron have not done this but I can tell you it is c69p. And so with the shares having touched 67p earlier Rob just got a phone call… welcome to Rob Terry...who wants to be a millionaire.
Hello is that Mr Terry, Rob Terry?
Yes it is I, Mr 2+2 can = 5 speaking
It is Equities First Holdings LLC here and I am sorry to say but you now have a margin call do you want to
3441 days ago
Mr 2+2 can = 5 is my opponent. I seek to expose fraud on the AIM Casino. Rob Terry has engaged in wholesale fraud from the day Quindell (QPP) joined AIM via a RTO on April 28th 2011. Within weeks he was buying a worthless shell company from his lawyers Blake Lapthorne for £150,000 in order to inflate Quindell’s profits by hiding legal costs. And TMC Southern was selling shares gifted to it by Quindell in order to fund bogus purchases from Quindell which ended up being responsible for more than 100% of Quindell group profits in 2011. The frauds and lies have got bigger since but now the game is up as lies are exposed and the shares are tanking. So what is Rob thinking now?
Mr Terry knows that the game is almost over. At some stage within months the shares will be suspended or at 0p and Mr Terry will be “helping with enquiries” – it is just a matter of when as I explain graphically HERE.
3441 days ago
I have this morning tried to shake off the most almighty of hangovers caused by the Quenron (QPP) celebrations of last night, by penning an open letter to Cenkos, Nomad ((pro tem) to the fraud Quindell. Cenkos needs to force Quindell to make a statement now regarding margin calls that Rob Terry, Larry Moorse and Steve Scott must be facing.
Their loan agreements with Equities First Holdings LLC which allowed them to dump vast amounts of shares pretending that they were buying have a default clause agreement which means that if the Quenron share price falls below a certain point the three crooks, I mean directors, must either default, hand over more shares to Equities First or hand over cash. I am sure that they will go for option two (handing over more worthless shares) which Equities First will then dump. But investors need to know this information and need to know now. Hence the letter to Cenkos which natch I have cc’d in to AIM Regulation and the market abuse team at the FCA. It reads.
Dear Sirs.
3441 days ago
Sorry to bother you again Cenkos, you bunch of incompetent and sleazy money grabbing crony capitalists, but perhaps you can help us all by stating at what price the fraudster Rob Terry has to put up margin on his “loan” ( aka share sale) agreement with Equities First Holdings LLC.
3443 days ago
As you might imagine I am on a bit of a high. The writers on this website have done a sterling job in starting to drag the truth out of Quenron (QPP) and the liar and fraudster Rob Terry and his half witted Nomads at Cenkos. Today's statement is a disaster for Quindell and its shares have tanked. But as I explain in this podcast we still only have half the truth about Terry and his share dumping. Worse is to come.
3443 days ago
The Daily Mail applied the coup de Grace for Quindell (QPP) last night with revelations about share sales by Steve Scott, Rob Terry’s second oldest business associate (after Mr Sadiq of Cosy/Himex infamy) and a Quenron NED. This really is devastating.
Last Wednesday it was announced that Scott as well as Terry and his FD Larry Moorse had bought shares. By Friday it was clear that in fact the “loan arrangement” with Equities First Holdings was in fact a mechanism whereby the three amigos sold shares at 80% of their market price to Equities First and merely had an option to buy back the same number of shares in two years’ time. We do not know how many shares the three men have sold but it is at least enough to fund the purchases, the suspicion is that it will be far more, in other words this is a way of them getting cash out while hoodwinking investors that they were actually buying shares.
3443 days ago
Lets nail this once and for all. The RNS put out by Quindell (QPP) on 5 November 2014 suggesting that Rob Terry had increased his holding in Quindell (QPP) was a lie. Cenkos signed off on that as Nomad. Cenkos issued a note on Friday 7 November 2014 and was lied to by Quindell. I demonstrate why Quindell is lying and explain how Equities First Holdings LLC works. I cite sources which are refered to below. Cenkos needs to come clean on Monday or it is royally in the merde alongside Quenron
3443 days ago
In response to a request from a number of readers I outline a history of The Innovation Group 2001-2003 which was run by Quindell (QPP) players Rob Terry and Steve Scott. If this is not a lesson for all Quenron shareholders on what will happen next, nothing is.
3443 days ago
Quite simply Robert Terry and Quindell (QPP) have lied to investors engaged in securities and accounting fraud and so Mr Terry is a con man. He has let it be known to the morons that he is going to sue Tom Winnifrith for libel. Tom says "Go ahead, make my day bitchez." He explains why thje fraudster Rob Terry is acting in this way and the various other empty threats he will employ as he tries to flog as many shares as he can before Quenron goes tits up. The Sheriff of AIM is not flinching.
3443 days ago
I flag this up as an example of the truly deranged minds who are backers of Quenron. David posts on ShareProphets:
Hi Tom
Well you are clearly a Quindell fan and have a very unhappy life. Jealousy is not a good thing and you are clearly a very jealous man. Robert Terry has set up and runs is a highly successful business employing thousands! You run a pizza business, which has a poor rating and you are that confident of you statements, jibes, innuendo and facts that you own nothing in your own name. This suggest you are far from confident. You make snide comments inviting them to sue you, but you know that there is no point as you have NOTHING. You are a nothing and a loser who despite his privileged upbringing and education, you have amounted to NOTHING! ZIP ZERO!
YOUR PARENTS MUST BE SO PROUND OF YOU.
Take a long hard look in the mirror at what you have become, and realise that unless you change you will shorten your life as all the anger and hatred is no good and just consumes you.
Ends.
Hmmmm – not sure growing up with a single parent, school fees paid by charity, etc. is exactly privileged. Materially
3448 days ago
According to The Times today, the Sheriff of AIM has for the past five years been a fellow called Marcus Stuttard - no offence, phoney Sheriff, but you are useless. You are Inspector Clouseau and your team are the Keystone Cops. You could not spot a felon if I took you on a guided tour of Rob Terry's next home, that is to say Wormwood Scrubs. Your inaction against miscreant Nomads and companies that tell lies and commit fraud is legendary across the globe. That is why the AIM casino is viewed as such a joke. In this podcast I look at how and why Mr Stuttard and his team have failed us all so badly and why they are simply not fit for purpose.
3448 days ago
"Bulletin Board Morons, Cenkos Securities, Steamy & the QPPSAG, Zak Mir at t1psTV, Alan Green, Redleaf PR we have beaten them all, we have beaten them all. Rob Terry, can you hear me? Rob Terry your boys took a hell of a beating! Your boys took a hell of a beating!” And so today’s BearCast special begins. Rob Terry has been forced to quit Quindell but has he really left – what next for this company which is a fraud…
3449 days ago
Well done to foxy Bex and her colleagues at PR outfit Redleaf Polhill, until now the spinners for the liars, fraudsters and insider dealers at Quindell (QPP). Foxy and her team have today quit joinng Canaccord on the list of ex-advisers to this POS. And it gets better..
I have just spoke to Redleaf and its invitation to Quenron to present at its annual tech showcase on Thursday has been withdrawn. So Rob Terry won't be standing up and telling a pack of lies later this week. And so now we ask the question who will be next to quit. Vote now with a deadline of 4.30
3449 days ago
Rob Terry you are a liar, a fraudster and now I also accuse you of insider dealing. I shall not rest until you go to prison you low life vermin criminal. For today we discovered that you and your FD Laurence Moorse and NED Steve Scott sold vast numbers of Quindell shares while withholding price sensitive information – that Canaccord, your joint broker and sponsor of your failed main market listing application had quit.
The rats at Canaccord told Quindell they were quitting on 21st October giving one month’s notice. Quindell has today brought forward that departure date to immediately. Or rather I suspect Canaccord has done its maths and demanded to go at once.
3450 days ago
Al Capone was never prosecuted for his real crimes, it was the tax man who got him. I shall be making dam sure that for his lies and fraud Rob Terry of Quindell (QPP) does not get off so lightly. However I am equally concerned that all directors of the AIM Companies who have done deals with Equity First Holdings LLC do not try to avoid Capital gains Tax on the shares they have sold. A formal note on all of them will go to HMRC in due course but pleasure before business, let’s start with Robert Simon Terry of Quindell. This article will be sent to HMRC.
As he thinks about filling in his 2015 tax return Mr Terry might think that the £7,465,596 he received from Equities First LLC on November 5 2014 should be viewed as loan proceeds and this should be tax free. I would very much hope that Mr Terry tries that on because he will then face potential charges of tax evasion to add to his rap sheet.
3451 days ago
The most fraudulent acquisition made by Quenron (QPP) was that of Himex. It really is a worthless POS but has been used to boost profits and cashflows at Quindell simply via fraud. However it will start to unravel by New Year's day and this podcast explains why. DCD Holdings, Rob Terry, Hassan Sadiq and Elizabeth Dawson are you listening to this Cosy (pun, geddit?) little message from the Sheriff of AIM?
3452 days ago
Quindell (QPP) has yet to fess up as to what price Rob Terry, Larry Moorse and Steve Scott face margin calls on their Equities First Holdings LLC “loans”. But having reflected upon the matter I agree with our readers who overwhelmingly reckon it is 69p on which basis Mr 2+2 has already faced an unwelcome phone call from the hoods in Indianapolis.
We asked our readers to say what they reckon the margin call on the deal was struck at and you voted:
3452 days ago
On August 19 2014 Quindell (QPP) threatened me with a bully boy lawyer’s letter demanding inter alia that I sign a grovelling apology drafted by it, pay its lawyers bills and damages and that it would get an injunction against me to stop me accusing it and Rob Terry of being a fraud. As with all fraudsters you will note that Terry was using the company’s lawyers (i.e. not his cash but shareholder’s cash) for his case. I now publish that letter in full. And I ask the liars, crooks and frauds at Quindell where is that injunction?
3457 days ago
I am just back from Eire and wayching the UTV news on Friday night the ghastly old muderer Martin McGuinness appeared demanding that he have his cake and eat it with regard to reconciliation in Northern Ireland. This is the theme of this week's video postcard.
On my financial video postcard I again accuse Rob Terry and Quindell of being liars and frauds and invite them to sue me for libel. That video can be watched HERE
3460 days ago
You folks all think Rob Terry, Larry Moorse and Steve Scott are buying Quindell shares. WRONG! Their net positions are going down and going down fast. This is End Game. This is the rats getting out with what they can before the balloon goes up while you guys think they are buying. It is probably legal but this is not what it seems.
I have been approached by an AIM CEO and also by a fund manager both familiar with how this works and thanks to those men, who now walk down the avenue of the righteous, this is crystal clear. The MO of Equity First Holdings LLCand its background is not in doubt. I suggest a little bit of further reader for those in doubt:
3460 days ago
Monday’s free pizza and booze seminar at Real Man is looking like a celebration day and so thanks to the sponsorship of Chapel Down, the producers of the absolutely fabulous English (better than your Froggy muck) champers there is a glass of fizz for each attendee as we raise a loyal toast to Rob Terry for providing us all with such entertainment.
I shall be talking about Quenron the End game – something that is moving closer at a rate of knots. But as a new bonus we now have as well as MX Oil, Interquest and Obtala Resources a presentation by Madagascar Oil – a stock I really like. To grab your seat – there are a few of 50 left - just email your name and address now to [email protected]
3460 days ago
In light of today's shock revelations about the biggest Quenron con yet plus the Securities fraud (HERE) and accounting fraud (HERE) it is a good day to announce the winners of the Rob Terry & Wormwood Scrubs caption contest from Saturday. The standard of entries was high and I had a good chuckle reviewing them all just now as you can do HERE. But the three best were:
3460 days ago
Quindell (QPP) bulls have today celebrated the news that chief fraudster Robert Terry and sidekicks Laurence Moorse and Steve Scott have bought 1.575 million Quenron shares at c123p. However they rather miss the point that the trio have not actually risked a cent of their own cash. This is the latest smokescreen and is such a curious transaction it only makes the sell case even stronger. Within the stock puffed up to 133p on the back of this nonsense it is another chance for the bears.
The deal Terry (who is buying 1 million shares) has arranged is that the cash for the trade is provided by Equities First Holdings LLC,
3460 days ago
Quenron sent its first lawyers letter demanding a grovelling apology signed by me but written by the fraudsters, a promise never to write about it again and a retraction of all my articles on 19 August. As you may have noticed, I have told Quindell where to stick that letter and I want it to serve Court papers on me as that will start the process of disclosure. As of today, after two and a half months no papers have been served despite me upping the ante with specific allegations backed by proven factual evidence of both accounting and securities fraud. Quindell really does not want disclosure to get underway does it. Shall I give you an example of why?
Having established that the 18 million shares it issued on 2 September 2013 were not issued to who Rob Terry said they had been issued to and that he lied about why the shares should have been issued at all as he engaged in securities fraud, would Mr 2+2 can =5 like to reveal a few details about the c 9 million shares issued by Quenron in October 2013?
3463 days ago
To great excitement another Quenron (QPP) director stepped up to the plate and bought shares on Friday – Robert Bright snapped up 100,000 shares. Well done Bob, in the context of your wealth…this means jackshit.
Bob’s trading record in Quenron is not that hot. This purchase was at 131.5p. The last one was at 300p and the one before that was at c250p. So anyone following the purchases is not exactly quids in. Bright has made a fortune in a 35 year City career at HSBC and elsewhere and so his £40,000 NED salary at Quenron is chickenfeed as is his total holding of 225,040 shares.
If the Quenron board really believed that on a forecast 2015 PE of 1.3 this stock was cheap, that it was worth £3.5 billion as fraudster Rob Terry claims it would collectively be buying of millions of shares. And it would not do so at one director a day just to generate PR it would all have ploughed in after the most recent (laughable) trading statement. This is all PR hogwash. At this point I hand over to a post I noticed by the UK’s top share blogger Paul Scott:
3463 days ago
In light of today’s damming podcast showing that Rob Terry has committed securities fraud, the caption contest today is in honour of the Quenron (QPP) founder, Mr 2+2 can = 5 himself.
The picture is of Wormwood scrubs and we invite you to post your suitable captions in the comments section below with a deadline of midnight Sunday.
For what it is worth my entry is:
“On arrival at his new Country Club, Rob Terry explains to his guards that he got 2 years for accounting fraud and 2 years for securities fraud but that 2+2 can = 3”
3463 days ago
This should be explicit enough for all concerned. AIM Regulation IS investigating and I expect the FCA andSerious Fraud Office to be on the case too. I explain clearly how Quenron (QPP) and its bosses Laurence Moorse and Rob Terry have committed securities ( as well as accounting) fraud. If they disagree sue me and I shall see the bitchez in Court. But I rather think that Terry et al are going to end up in a rather different Court anyway. For a change, might Bulletin Board Morons rather than attacking me just try to show any factual errors in this damning expose.
3467 days ago
One of the more surprising tweets I received last week was from a lady in the grim north called Kate (@modelsforkate) who had for some time been a self-confessed Quindell (QPP) shareholder and did not like what I was writing so took nearly all her clothes off in protest and send out a tweet inviting me to “kiss her ass”. Whatever. It has subsequently emerged that Kate’s enthusiasm for Quenron might be influenced by the fact that she earns fat fees sending clients to its ambulance chasing whiplash and industrial deafness centres. But let’s still give Kate a platform. As such I bring you her selfie and invite you to post suitable captions below. Deadline midnight tonight?
For what it is worth my entries are:
“facing yet another margin call one Quenron shareholder is forced to pawn her entire wardrobe”
Or
“How do you like my new clothes, this is the ball dress and is called the 2+2 can =5 empress range”
Or
“One of the better lookers of the thousands of folk who have been screwed by Rob Terry”
Over to you, let rip in the comments section below.
3467 days ago
Does asset backing mean asset backing? Not always 10p can be worth 10p or 5p or 0p - wthout wishing ti sound like Rob Terry - it all depends on what the asset backing comprises. Tom explains this key metric of investment analysis looking at 4 specific companies: Golden Prospect, Naibu, Paternoster Resources and Quindell as well as Mark Slater's share purchases after the bursting of the dotcom bubble.
3467 days ago
I explained yesterday why Rob Terry of Quenron (QPP) was telling a total lie when saying that his Mobile Doctor’s operation is worth £140 million – as you can see HERE. Certain Bulletin Board Morons have offered Mr 2+2 can = 5 a “Get out of Jail card” on this one but let me explain why they are wrong and why Rob is still lying.
3474 days ago
Rob Terry of Quenron (QPP) is today once again exposed as a liar of monumental proportions. Even the money-grabbing leeches round at Nomad Cenkos should by now be considering their position as I expose today’s £140 million lie told by Mr 2+2 can = 5.
Shares Magazine promised its readers a hard hitting interview. Bollocks! This is a blow job on paper. No questions about TMC, Himex and the accounting fraud. None about the RNS lies. This is cock-sucking journalism, an embarrassment to our trade. But the gem is a lie that Mr Terry tells unchallenged about his cash position. Let me quote from Shares magazine:
3475 days ago
An unusual bonus podcast from me today. In this bearcast I discuss the whole issue of lies and financial crime on the AIM Casino but also the abject failure of AIM Regulation and I will tomorrow be asking the FCA to formally investigate me for market abuse on Quindell. I hope that Rob Terry will also ask the FCA to investigate me.
The nuts and bolts are in today's shock Video HERE. Either I am making it up and am thus guilty of market abuse. Or it is true in which case Rob Terry and Quindell are guilty of wholesale lying and accounting fraud. The facts back me up. And so that is why I want the FCA to investigate me formally for market abuse. If it finds me not guilty as it will then it has no choice but to act against Quenron. As such I say bring it on. I want the formal investigation and I challenge Rob Terry to ask the FCA to conduct such an enquiry.
3476 days ago
Quindell subsidiary Ingenie Ltd (of Gary Lineker fame) has filed its calendar 2013 accounts at Companies House but this is a spectacular own goal as it has hidden the full ghastly truth from investors. In the words of Alan Hansen “shocking defending” by Rob Terry.
In 2012 Ingenie used the same small firm of auditors as in 2013 to file its accounts HERE. It displayed a company and group P&L and Balance Sheet. For 2013 it has shown only a consolidated balance sheet – nothing else, claiming a small company exemption.
3488 days ago
I established without doubt on Sunday that the Quindell RNS regarding the issue of 18 million shares on September 2nd 2013 was a great big fat whopping lie told by the company led by Rob Terry. This now begs the question about the issue of a further issue of 9.178808 million shares on October 21 2013. Just to whom were they issued and why? This is exactly the sort of issue my lawyers are dying to get into under the disclosure process if the Quindell bitchez ever get around to suing me for libel.
I start on 2 September 2013 when Quindell – at this point desperately short of cash – issued an announcement regarding Quindell Property Services which reads:
3492 days ago
At last the accounts of Quenron (QPP) subsidiaries are starting to emerge at Companies House and you can see why Rob Terry and his FD Laurence Moorse were so tardy in filing because they are a true can of worms. The first which has arrived is 360GlobalNet Ltd which is 60% owned by Quindell and this stinks to high heaven. Even the pathetic QPPSAG must surely now be hearing the alarming bells ringing? Or perhaps they all have Industrial deafness.
By way of background reading for the Quenronologists the 2013 accounts for 360GlobalNet can be found HERE and the annual return (which lists shareholders) can be found HERE
The stated history according to Quindell is that it acquired a 3% stake at an unspecified time and increased that to 19%on 28th February 2012 at a price of £2.15 million (£900,000 in cash and the rest in shares). That was not actually strictly true as I explained HERE but let’s pretend it was and continue.
3492 days ago
The annual reports have started to arrive at Companies House for Quenron subsidiaries and I have a stormer of a revelation for you later. Naughty naughty Rob Terry you will not enjoy that one. But as an appetiser and while Mr 2+2 can = 5 sweats on that one I thought I would just point out to you a blatant lie told by Rob Terry to investors which he has admitted to! I have only just noticed. Bad me.
Let me take you back to 2nd September 2013 when Quenron announced that it was issuing some shares relating to the deferred consideration of QPS. It stated:
3492 days ago
One of the joys of being a Bulletin Board Moron is that you and your pals can attack me – rather than asking Rob Terry about the TMC Southern Panama Pump - in two 100% contradictory ways. Yesterday saw a classic, but it kind of reminded me that running a business is not 100% about the bottom line.
The usual Bulletin Board Moron contradictory attack is to say “TW is just a failed fund manager, crap tipster, deranged and unhinged and bitter man so no =one pays any attention to what he says.” There then follows a long discussion (ignoring the actual facts about my tipping record and accusing me of tipping stocks I have never written about) and then moving onto my latest article how it has hit the share price and how I need to be reported to the FCA. So while everyone ignores me because I am crap, I am responsible for the share price tanking. Er….. For someone who believes that 2+2 can = 5 I guess that those statements are not contradictory.
Yesterday’s two pronged attack started with a post here from some cretin
3499 days ago
Yes you can make money out of Quindell (QPP). That Rob Terry with his seven figure salary and bonus and perks package is doing okay. But the ordinary man on the street can make money too. And here’s how:
I bring you a tale from the Portsmouth evening news showing how one man made £14,157 net from Quenron. It reads:
3505 days ago
There is so much wrong with AIM. China frauds seem to list at will. Companies can lie without censure. Folks like Sean Nutley at Silverdell and Rob Terry at The Innovation Group (where is he now BTW?) just “get away with it. Investors have completely lost trust in the Casino. It is a joke. The LSE could change it simply by getting the hapless bunch of complete cretins at the AIM Regulation Team to enforce rules, to kick off piss poor Nomads who float crap (Daniel Stewart) and to publicly name and shame. But instead it tinkers with the rule book. Top broker Andrew Monk of VSA weighed in this morning with this comment:
3506 days ago
It was 5 AM in the morning one day last week before I finally got to have a good long chat with Sam Antar, the FD behind one of the biggest Wall Street frauds of the 1980s, Crazy Eddies. Poacher turned gamekeeper, Sam now busts white collar crime and is an SEC whistleblower. He also blogs and tweets in a most amusing way. Have a look at www.whitecollarfraud.com @samantar – naturally enough we discussed – at great length – Quenron (QPP).
3520 days ago
So what is Quindell (QPP) trying to hide now? I guess that Rob Terry is getting a bit pissed off that I keep unearthing red flags in the regulatory filings of his 54 subsidiaries ( or is it 57, you kind of lose count). But in trying to reveal as little as possible it seems that the Quinnovation Group is now in a spot of bother with Companies House.
3521 days ago
The last time that the vendor of Himex sold a business to a Rob Terry run company it was sold for £50 million. At the same time certain other related businesses were lobbed into the pot and all in all it cost The Innovation Group c£60 million all in goodwill which was all written off within a year. Cosy was a cosy deal for some but not for Rob Terry believers – as explained HERE. Will it be different this time? I now refer you to the 2014 interims from Quindell and the year to March 2013 results for Himex which you can see HERE. Red Flags for lunch anyone?
3522 days ago
What you mean Rob Terry has not told you about new Ministry of Justice Plans that will whack his medico legal business at Quindell (QPP). Well there’s a surprise. But if Rob cannot be bothered to warn you, I can.
I refer you first to an article that appeared yesterday in that much read publication “Litigationfutures.com” – what you are not an avid reader? Catch up folks. It reads:
3522 days ago
Getting the truth out of Quindell (QPP) is like pulling Dragon’s Teeth. But here we go again on Skillwise Consulting, a newly formed company bought by Quindell owned Brand Extensions (run by Mark Ford) for £2.75 million on 1st September 2013. Remember the date.
I mistakenly suggested that the fellow who had trousered the £2.75 million was Ford himself. Quindell said that this was incorrect in its rebuttal of me stating that the purchase was via the issue of 1.2 million (consolidated basis) shares and explains it in full as saying it was:
3523 days ago
I emain ungagged despite the Orwellian legal threats made by Rob Terry & Quindell (QPP). Naturally the question I want answered by Quindell was which company was the 41% customer in 2011 – was it TMC Southern?. To see why that is critical and a potential nuclear landmine for Rob Terry read HERE. But there are two pressing questions anyone still daft enough to own Quindell shares must ask from the interims released yesterday.
3523 days ago
In yesterday’s half-baked attempted rebuttal of my recent allegations against Quindell (QPP) the company inadvertently let something critical out of the bag and it now begs a quite enormous question about the 2011 accounts. I refer to TMC Southern.
I had stated that Rob Terry was old pals of the management at BASL which was bought for £8.2 million in June 2011. That is because Quindell had asserted in its original RNS: “
"A 10 year long business relationship also exists between the vendors of BASL and key members of the company’s management team”
I wrongly believed that to be Rob Terry and accept that it was not. Quindell makes clear that the 10 year relationship is with Mark Ford.
3528 days ago
At the weekend we asked our readers for their view on CEOs who commit fraud. And yes this does refer explicitly to Rob Terry at Quindell (QPP) who really must answer the simple question posed in today’s article HERE as well as numerous others as a matter of urgency. We asked how you viewed fraud in investment terms. You said:
3528 days ago
Quindell concedes that in 2011 one customer accounted for 41% of revenue. In Gotham City’s detailed report on Quindell (QPP) it stated that this customer was SMI Telecom. That was the one point where Quindell stated explicitly that Gotham was wrong. For indeed I bet you £5 (that is not £2 + £2, but £5 in case Rob Terry wants to take the bet) that this company was TMC Southern and that this means that 41% of Quindell’s sales were simply round-tripped proceeds of the sale of Quindell shares. Let me explain.
3540 days ago
Peter Shea is CEO of Daniel Stewart a firm that listed Quindell (QPP), acted as its Nomad and broker from May 17 2011 to January 31 2012 and which was paid handsomely in cash, shares and warrants for its efforts. As Nomad to Quindell it was responsible for ensuring that it did not do things such as hand cash to pals of Rob Terry or lie to shareholders but did it do its job?
3540 days ago
A bull of Quindell (QPP) puts it to me that the SIX cases where I have shown that Quindell uses shareholder cash or issued shares to but worthless companies from pals of Rob Terry can be defended with the Golden Hello argument. I am afraid that “J the Bull” might simply push Rob Terry out of the frying pan and into the fire. I refer now to fraud 7 Simon Hall Associates. But I also raise the issue of potential breaches of the tax laws for which the maximum penalty for Rob Terry is 20 years inside.
Quindell itself used the Golden Hello argument when defending the Gotham City allegation that it had paid £1 million in cash to buy the shell company Simon Hall Associates on 11th May 2012. Quindell stated:
3540 days ago
Over the past few days we have uncovered evidence that on no less than FIVE, sorry make that SIX, occasions Rob Terry handed cash belonging to Quindell (QPP) shareholders to his mates in return for worthless assets. Does this matter? I think it does but others may disagree. What do you think? Poll closes midnight on Monday. Vote now below.
3540 days ago
This is the gift that keeps on giving. Already I have unearthed FIVE transactions by Quindell PLC (QPP) where it has bought worthless companies off mates of fraudster Rob Terry with Quindell shareholders cash or shares. I am in a good mood as I trawl through another 51 subsidiaries so here is a sixth fraudulent deal for you, meet UK Sun Limited.
3540 days ago
Yesterday I revealed HERE how Fraudster Rob Terry had sent £139,000 of Quindell cash helping out a mate by buying 50% of BestPriceHotDeals.com - an almost worthless e-tailer of garden equipment – from a pal of his Mr Farrelly. I am afraid this gets worse with a new revelation.
Mr Farrelly runs an IT business Sandbourne. I now bring you its annual return HERE which lists the shareholders. Top of the list is Gillian Baker, long term Rob Terry Crony at his Lava and The Innovation Group and then head of IR at Quindell until last year. And scroll down and whoa……Mr 2+2 can = 5, Rob Terry himself is on the list.
So to get this straight:
3540 days ago
Fraud is using shareholders cash on things that do not benefit shareholders. Rob Terry at Quindell has now been shown to have spent vast sums of shareholders cash buying worthless companies off his mates. That is fraud. I have already outlined a series of fraudulent deals and here is another one – BestPricedHotDeals.com
3541 days ago
I have today written to the AIM Regulation team and to the FCA urging both bodies to investigate whether Quindell PLC (QPP) has defrauded its shareholders by paying large sums to buy either companies that have failed to generate any cash for Quindell (indeed they have burned it) or companies that were worthless shelf companies from mates of Quindell founder Rob Terry. Bulletin Board Morons might not like this but it is their company and their cash (as owners of the company) that has been spent and this needs to be formally investigated.
The Letter Reads:
3545 days ago
Gosh I wish I was a pal of Rob Terry’s. Then Quindell (QPP) could offer millions of quid for my business irrespective of its true value. Heck it’s only shareholders cash. Actually that' a joke, I'd rather drink Ebola than work for Rob Terry. Earlier I reported Quindell to its auditors over a series of sweetheart deals with Terry’s pal Mark Ford. Now I turn to Business Advisory Service Limited.
This outfit was bought for £8.1 million in shares and £100,000 in cash on June 21 2011. Who were the vendors? They were old pals of Rob Terry’s. We do not know who but Quindell itself stated in the RNS:
3545 days ago
I have today written to the senior partner at KPMG, Mr Simon Collins, asking him to check whether there was undetected fraud in the 2013 accounts published by Quindell (QPP) and audited by his firm. By fraud I mean the payment of cash and shares to a long-time associate of Rob Terry to buy companies that were essentially worthless. Such payments would be fraudulent. The payments would also be fraudulent were it to be shown that the company had some value but nowhere near that paid and that the purchase price could not be justified.
The Letter Reads:
Quindell PLC audited by KPMG – has fraud occurred on your watch?
Dear Mr Collins.
3546 days ago
Sorry to be a pedant but I have to ask – who was Quindell’s (QPP) largest trading partner in its IPO year of 2011? Quindell has never made this clear and its use of language on the Gotham denial puzzles me. Perhaps Mr 2+2, Rob Terry, can assist? And while he is about it can he expain why he is so keen on handing over millions of quid belonging to shareholders to buy shelf companies worth £68.40 from his old pal Mark Ford ( spelt with an R) - see HERE.
That 41% of sales came from one customer is not disputed and this massive ramp up in reported sales helped turn the Country Club into what it is today. Gotham City alleged that this customer was a related party SMI Telecom. Quindell’s response was:
3546 days ago
I gather that my first Mark Ford article HERE has had some effect round at the Country Club. Skillwise, the shelf company with no assets bought by Quindell from (I think Mark Ford) for £2.76 million in cash on August 30th 2013 has finally appointed some directors (Rob Terry and Laurence Moose). And it has extended its year end. So I guess some revenues will be put through it and it will not be struck off. But while we are on the subject of Mark Ford, let’s move onto BE Insulation (UK) Ltd.
3546 days ago
During my career I have had countless letters from companies threatening to sue me for libel. Bear raider Evil Knievil has had a good few too. I am not sure how Evil is doing but I have not yet lost a case. And have only once or twice caved by taking an article down. The behaviour of companies that resort to legal action is telling. And incidentaly those that have threatened me have nearly all, already, gone tits up.
Good companies do not attract hostile comment from folks like myself, Evil, Gotham City and other bears. We only make specific allegations of wrong doing when we can a) prove them and b) when they are material from an investment point of view. If per chance we get it wrong a good company has nothing to fear. It simply points out factual errors and we will always correct any mistakes made – well I will anyway. And a good company can afford to do – as Rob Terry of Quindell – says he is doing just sit there and “let the results do the talking.” The share price will follow suit and bears will be burned.
Bad companies respond by going to their lawyers.
3548 days ago
All the players in the Quindell (QPP) tale are in there: Rob Terry, Laurence Moose, Mark Ford, PR girl Foxy Bex, Steamy from the ridiculous QPPSAG, Cenkos, Kevin Ashton, Daniel Stewart, Gotham City, ebola, the UKLA and Canaccord. I hope you enjoy watching as much as I enjoyed producing this video.
3548 days ago
If you are a bull of Quindell (QPP) then that must largely be because you trust its founder, Mr 2+2 can = 5 Rob Terry. After all almost 40% of the revenue Quindell books this year will be accrued (i.e. not even invoiced but just based on what Rob Terry thinks will come in). He has bought businesses for massive prices from old friends based on what they might do (Himex and of course Brand Extension as exposed HERE yesterday). So you trust Rob Terry.
Ok, The Innovation Group crashed as did his prior venture but you reckon he has learned his lessons and THIS time he is playing it differently. I happen to disagree. Right from the launch of Quindell onto AIM in 2011 via an RTO the then Country Club business engaged in business practices which were simply not sustainable and which – to any impartial observer – scream out Red Flag ahoy!
3555 days ago
I am only asking? It just seems that it appears to be two men who think that they are CEO of Intelligent Claims Management (ICM) and the company website is not terribly helpful. Perhaps – if he is not too busy digesting the latest bad news on whiplash – Mr 2+2 can = 5, Rob Terry might unmask the imposter. Oh… and answer another pesky question on shares while he is about it.
Intelligent Claims was bought for 27,083,333 (pre consolidation) shares in August 2012. The vendor was Intelligent’s founder, CEO and (with his Mrs) co-owner Karl O’Hare who stated at the time:
3559 days ago
Early this month Monitise (MONI) served up a dismal profits warning. Delays in revenues were – in true Rob Terry fashion – viewed as being for good reasons but once again this company failed to hit targets. Now we see a weedy non-announcement and an Edison puffery research note all of which are Red Flags. Whatever Monitise says it is running out of cash and a placing is inevitable.
The non-announcement is of an extension of its relationship with IBM. Has that caused Edison to change its numbers? Er… well Edison says it is jolly good news ‘natch but its forecasts are unchanged.
Now to cash. In the profits warning Monitise stated:
3561 days ago
In 2014 Quindell (QPP) will book revenue of £228 million (28% of group sales) from Industrial Deafness claims where it will generate not a cent of cash. Those revenues are based on the estimates provided by Mr 2+2 Can =5 Rob Terry and his fellow directors and will ensure Quindell hits EPS forecasts. But anyone looking at this industry must recognise that Terry is bullshitting. Here’s why. Meet The Hearing Clinic.
The Quindell assumption is that as of June it will do 6,000 cases a month. It assumes it will them all. And that it will earn £9,000 per case. Assuming a 15 month average conclusion (the industry average is 20-36 months) it is booking £6500 of revenue for EVERY case taken on within 12 months.
Last year there were less than 20,000 successful cases in the whole of the UK. That number has been static (actually falling a bit) for a while. There were however 60,000 failed cases as ambulance chasers moved into this area from whiplash.
That should tell you that Quindell has not got a hope in hell of generating 72,000 winning cases a year.
So where are the new claims coming from?
3567 days ago
I am sorry to be a pedant but why is it that the joint broker to Quindell (QPP) Canaccord appears to think that ithe company's projections for cash collection in the critical QLS division are wildly optimistic?
I refer to page 25 of the recent note from Canaccord - you can download it HERE pro tem, before Canaccord bully us into taking it down.
Now according to Mr 2+2 can = 5, Rob Terry, in the recent trading statement:
3571 days ago
Quindell (QPP) did not issue an H2 profits warning for 2013. Instead it hit targets and managed to get away a £200 million equity raise. Without that cash it would have gone bust in January. But my attention is drawn to the recent Canaccord buy note (page 18) which begs the question of just how Mr 2+2 can =5, Rob Terry, managed to hit his numbers and avoid a profits warning.
Around two thirds of Quindell’s reported profits in 2013 came from Quindell Legal Services (QLS) with the number very heavily second half weighted. And in 2013 nearly all of Quindell’s business was RTA related. Now read what the Canaccord note (remember Canaccord is joint broker so “onside”) states:
3576 days ago
You may well have seen this before but in case you have not, you may want to have a butchers at this court case filed in Delaware in March this year against Himex, its directors and Quindell (QPP). You will no doubt be aware that the founder of Himex was Rob Terry’s business partner in his first (failed) large scale business venture, then sold his next business to The Innovation Group (TIG) when run by Rob Terry – it was a write off.
Then he set up Himex.
3577 days ago
In the wake of its 5 day kill of 1.4 billion Euro capitalised fraud Gowex, Gotham City Research has renewed its attack on Rob Terry and Quindell (QPP). It has not before used a five letter word beginning with F in connection with the AIM posterboy. It has now.
3577 days ago
Why oh why will Quindell (QPP) not answer these SEVEN critical questions about the acquisition of PT Healthcare? What is it not telling us? Over to you Mr 2+2 can = 5: answers please. Or maybe broker Killik might care to answer these questions before urging its clients to buy? Perhaps analyst Kevin Ashton of Canacord might care to answer? Oh no...he's not there any more, I do wonder why?
By way of background PT Healthcare first came onto our radar on September 26th 2013 when Quindell bought an initial 26% stake in what was described as “leading provider of healthcare and rehabilitation services with over 100 physiotherapy and rehabilitation clinics across Canada.” Quindell insisted that the deal was “highly accretive “as EBITDA in the year to March 31 2013 was c $7.7 million. Hmmm –one senses the I number since all clinics are owned on leases – was rather large.
3582 days ago
I am sorry to go on but I could not resist this gem. If you ever wondered how Rob Terry and Quindell (QPP) managed to capture between 75% and 150% (depending on which stats you use) of the UK Industrial Deafness market from a standing start just ask Rod Cameron, “Executive Assistant to the Founder and Chairman of Quindell PLC.” Ooooh er missus.
3590 days ago
What was Indoor Golf City? And what has happened to it? Just another little nagging question for Quindell (QPP).
I refer you to the 2012 annual report where we see that Rob Terry earned £890,000 but also that:
3590 days ago
Rob Terry has today announced that he has bought £31,667 worth of shares in Quindell (QPP) at £1.90. Yesterday the new CEO bought a few shares. These purchases are all PR – designed to restore investor confidence in shares that are tanking. It is a smokescreen. This is a sell signal and here’s why.
£32,000 is peanuts for Terry. Remember that in 2013 Rob earned £1.32 million (including a £720,000 bonus). In addition as disclosed in the accounts “During the year, the Group made sales of £1,000 to, and purchased goods and services totalling £77,000 and fixed assets of £90,000 during the year from Advance Data Simulations Limited, a company controlled by R Terry.” I have no idea what all that is about but I suggest to you that £32,000 is small beer for Terry.
We have been here before.
3592 days ago
Some Bulletin Board Morons seem to think that this website obsesses and has a vendetta against Quindell (QPP). Well just to reassure the Rob Terry worshipping freaks out there, here are some stats.
During the past year this website has written articles on 645 different companies one of which is Quindell.
Of the 3,671 articles just 83 have featured Quindell – that is 2.2%. On an average day on the ADVFN Bulletin Boards between 7 and 8% of all posts are about Quindell.
3595 days ago
Quindell (QPP) has today issued an RNS which is a blatant and demonstrable lie. Go on sue me Rob Terry – your company has lied. The issue is the 100 million shares it was meant t have issued to increase its stake in PT healthcare from 26% to 49.9% on March 20 2014. Over the weekend I pointed out that it had in fact NOT issued these shares as it claimed in its prelims and annual report HERE.
Today Quindell has stated (the underline is mine):
3597 days ago
As you know I am thick as two short planks and so I am sure that there is a perfectly reasonable explanation for what appears to be another red flag in the ever growing red flag forest at Quindell (QPP). Perhaps a Bulletin Board moron out there can enlighten me regarding the missing 100 million shares?
On 26 September 2013 Quindell announced that it had bought 26% of PT Healthcare by issuing 31,551,270 shares. Do not worry about what it does, Rob Terry told us that it would be earnings enhancing so that’s alright. Quindell said that it had an option to buy the rest of PT for 242 million more shares which lapsed on April fool’s day 2014.
Now please turn to page 18 of the Quindell Annual Report which must be an accurate document sine it is signed off by KPMG. On that page Rob Terry states that:
3597 days ago
Post the report from Gotham City on Quindell (QPP) the colourful insurance come technology come country club company made great play of how it had issued a number of lawyer’s letters to those involved in what it saw as a “co-ordinated attack”. One recipient of such a letter was bear raider Evil Knievil.
Mr Knievil had not at that point spoken to Gotham and filed his letter from Quindell’s uber-expensive City lawyers in his dustbin. He has not responded. Two months later Quindell has not sent him another missive. Come on Rob Terry this is poor form.
3598 days ago
I think you know what I think of Quindell (QPP) but to take account of the share consolidation I have now adjusted my target price…to a hell of a lot lower than it is today!. But what do you think that the UK's lawyers make of its various announcements of late?
My attention is drawn to the must read publication The Law Gazette.
3599 days ago
One of the reasons that Quindell (QPP) had its application for a main market listing canned by the UKLA was that its business had changed so quickly. We are still waiting for Quindell boss Rob Terry to tell us ALL the reasons for his regulatory rejection. But the speed of change at the main “profits” generator Quindell Legal Services is breathtaking. Numbers presented to City analysts yesterday leave me utterly baffled. I am, of course, thick as two short planks - perhaps a Bulletin Board Moron might care to explain it all to me.
Back in August 2013
3599 days ago
What has Rob Terry got to hide from the press? It is reported that the Quindell (QPP) boss has banned the media from attending tomorrow’s AGM shoot-out. Why on earth would he do that? Perhaps he does not want press reports of institutions questioning him on corporate governance? Or nasty questions about how Quindell projections do not tally with Government data (see my exclusive of earlier today) or perhaps it is questions about the UKLA debacle, the 2012 accounts restatements or untrue RNS statements that he would rather Fleet Street did not pick up on. But…
3599 days ago
I showed my Contract Note. Quindell (QPP) knows that I am a shareholder but they would not let me in. The shares are in a nominee account. PR Bird Foxy Bex was there and she knew it was all kosher. They had a shareholder register with me on it. They could have let me in but did not. Why cannot Rob Terry face tough questions?
3599 days ago
Thanks to Quindell (QPP) excluding me and also the Fleet Street guys there were very few questions at the AGM which would have troubled Rob Terry greatly. What did we actually learn from what went on there and from the accompanying trading statement?
One thing I learned is that Fleet Street is now very bearish on this company. PR bird Foxy Bex now refuses to answer any tough question she is posed whether being harangued by me on video or asked politely by the nationals. The FT, The Times and the Sunday Times all sent reporters to the AGM and all were turned away. I spoke to all three yesterday and they are not bullish. The editor of Questor on the Telegraph is a total bear. He did not turn up at the AGM because when he tried to go to the last “Teach-In” he was barred. What is Quindell so afraid of?
3604 days ago
I know that I am not as clever as the average Bulletin Board Moron when it comes to Quindell (QPP) but its apparently contradictory statements have me baffled. Perhaps one of the Rob Terry worshipping Bulletin Board Morons out there might help me explain why apparently contradicting statements regarding the Himex acquisition are not a red flag?
I start with the RNS of July 17 2013 when Quindell announced that it had bought 19% of Himex. I quote:
3604 days ago
The AGM of Quindell PLC (QPP) will be at 10 AM on Thursday 19th June and as a loyal shareholder ( as of Monday) I shall be attending and am planning my questions as of now. A few months ago this would have been a love-in with his fan club taking turns to praise CEO Rob Terry, I wonder if the mood may have changed. I still expect that The Sherif of AIM will be lynched by Bulletin Board morons as I ask my questions. On what you ask?
There is so much to ask about. Having proved that the RNS about the acquisition of a 19% stake in 360Globalnet issued in February 2012 was er….untrue (see HERE) there is a lot of mileage in asking about other aspects of the 360GN and QPS deals. Maybe I will, maybe I will not.
One might centre in on why Rob Terry wanted to sell some of his own shares at 40p pre Gotham while telling mug punters that the stock was worth 50p – as we revealed exclusively yesterday HERE
But
3604 days ago
Rob Terry of Quindell (QPP) has always been so bullish about his stock urging us all to buy. And he buys shares too – he’d never try to sell would he? Oh yes, I have now seen and email which reveals a very dirty secret indeed. This will shock you to the core. But before we come to the attempted dump let’s deal with the pump.
On March 4th 2014 Quindell PLC used shareholders funds to pay for soft-soap interviewers BRR to record a podcast with Terry in which he was asked a series of very easy questions. So where does Rob think the share price (then in the low 40s) is going? Over to you Rob as he discusses the move to the Main Market from AIM:
3604 days ago
I have tonight seen an email relating to QPP (QPP) which will shock the market. I need to sleep on this, how to approach this and how to pen my prose. Howver Rob Terry be warned, you are now officially "in sights". The Sheriff of AIM is after you and this looks dreadfully grim for you...
3604 days ago
Rob Terry of Quindell (QPP) did a soft interview with BRR on 8 March 2014. You know the sort where the company pays to be asked easy questions. When asked about a full listing (which failed today see HERE) and how long it would take Terry said:
“It’s more of a tick box process than anything else, just a compliance process, because we’ve been a public company of a certain scale but we need to ensure the criteria’s met.”
So if it was like a slam dunk piece of piss to get through, what the hell went wrong Rob? I now refer you back to the statement from earlier today:
3604 days ago
As it happens I was just having a long chat with my good pals at the UKLA (part of the FCA) today. What fine fellows they are. So they have turned down Quindell’s application to move up from the AIM Cesspit to the main market. Rob Terry tries to spin it as a minor issue but this is a disaster. Across the UK Bulletin Board Morons are feeling the pain as the shares have plunged to 12p. Guys you should have listened to The Sheriff of AIM with my many red flag warnings (another one today HERE) rather than slating me. You can all buy me a drink after the AGM next week to say sorry.
The statement is a gem. Quindell states:
Considering the significant growth of the Group in recent years the Company has today been advised that it has not been able to satisfy Listing Rule 6.1.3 at this time, and particularly, the criteria in Listing Rules Guidance Note 6.1.3E (5) which states that an applicant may not be eligible if its business has undergone a significant change in its scale or operations during the period of the historical financial information, being the last three years' audited accounts.”
Rob Terry added:
3610 days ago
Quindell (QPP) has today updated its shareholders on its plans for a Full Listing. The statement is weak, begs questions and was only prompted by me and others asking questions. I know that Rob Terry, the Quindell PR bimbos and his other advisors are keen readers of this website and I am glad that they have tried to answer a valid question raised here.
As a reminder Quindell stated on 31st March that it would submit a full listing application to the UKLA in mid-April targeting a listing before the FTSE Indices Review (4th June). As per AIM Rule 41 that implies getting the application approved by 20 business days before 4th June, i.e. 7th May. As I explained in my video of Friday HERE based on the normal iterative process of three submissions of a prospectus that was achievable.
But we still have no Rule 41 announcement which means that as of today (9th June) no approval has been given. So Quindell is a month behind schedule which means that the UKLA MUST HAVE flagged up issues with the document. And Quindell tacitly admits that today with a statement:
3618 days ago
I see that the Sunday Times has had a go at Quindell (QPP) CEO Rob Terry for picking up a £720,000 cash bonus last year given that the share price has halved in recent weeks. The Newspaper is right but for the wrong reasons.
Bonuses should not be linked to share price performance. We all want to see a CEO present a case well so the shares go up that is part of the job. But to link a bonus solely to short term share price movements merely encourages ramping and is not the way to deliver a sustainable long term growth in shareholder value. So in my view a bonus should not in any way be linked to the share price.
As it happens
3618 days ago
I have written before how I understand very fully how Quindell (QPP) CEO Rob Terry wants to hang out with those few people who stuck by him after he presided over the near collapse of The Innovation Group. But there are limits and this brings me to some statements issued by Quindell regarding Quindell Property Services (QPA) which just do not stack up. Rob now has very serious questions to answer.
On 3rd May 2013 Quindell announced the:
acquisition of Quindell Property Services Limited ("QPS"), a newly formed Group providing disruptive outsourcing and technology solutions to the property insurance market place.
The terms of the acquisition have been satisfied by the immediate issue of 65,978,572 Quindell shares representing approximately 1.6% of the Group's issued share capital, and further issues of up to 21,111,111 shares issued contingent on the business achieving £2m of profit for 2013.“
I have underlined a couple of phrases for your benefit.
3643 days ago
In happier BG (Before Gotham) days for Quindell (QPP) the release of an RNS announcement saying that a non exec had scored a 3 under par round at the local Country Club would have seen the shares zooming ahead. But, as I have noted before in relation to Globo, once the faithful start to ask questions non-news ceases to have any effect. Indeed it can be counter productive as punters start to smell the desparation. Which brings me to today’s RNS.
Don’t ask me how but I knew that Rob Terry, a loyal reader of Shareprophets, was in Canada. Rob, I am watching you. Our spies are everywhere. And from the Dominions Rob announced
3651 days ago
Over the weekend yet another employee of the Financial Regulator, the FCA, was in touch asking to link up as he enjoyed my writings, found them most educational and thought we knew many “good people” in common. Cripes the TW Fan Club at the FCA is growing apace. In view of that I have sent them an urgent request regarding Quindell Portfolio (QPP) as someone HAS to be prosecuted for market abuse and sent to prison.
Yesterday Gotham City published a 74 page dossier on Quindell. Gotham is short of the stock. Gotham makes allegations which are extreme and, if proven, would show that Rob Terry and senior Quindell execs are guilty of fraud and market abuse. At this stage I stress the words IF PROVEN.
With a market cap (before yesterday) of more than £2 billion the FCA cannot allow itself to sit on the sidelines. There are only two possible outcomes here:
3655 days ago
Quindell (QPP) has issued a statement saying that it will issue a statement later today refuting the 74 page dossier published earlier this week by Gotham City. So far so good. But it also states that "Legal action has already been initiated by the Company against those responsible for what it believes to be a coordinated shorting attack and reports are also being made on this activity to the appropriate regulatory authorities" Having spoken to one person who has received a lawyer’s letter from Quindell, I ask the question “is Rob Terry now fighting shadows?”
3977 days ago
Terry is well rewarded. His basic pay in 2012 was £402,000 and he got a cash bonus of £488,000 making a total of £890,000 up from £407,000. Inflation busting or what?
In addition, there is a note saying that Quindell made sales of £7,000 but bought goods and services totalling £99,000 from Indoor Golf City Limited, a company controlled by twitter obsessed Bob. Indoor Golf City?
