17 days ago
I start with some Welsh singing for Darren as he turns 56, then it is Canadian Overseas Petroleum (COPL), Endeavour Mining (EDV), Advanced Oncotherapy (AVO), Online Blockchain (OBC), Wildcat Petroleum (WCAT), Tern (TERN), Reabold Resources (RBD), Mark Slater and Jubilee Metals (JLP).It is January 5 not December 5 as I said twice in the podcast. Apologies. Long covid.
34 days ago
Oh dear, Oh dear as my old pal Mike Walters used to say when another of his crap tips went horribly Pete Tong. Perhaps he is saying that today as Verditek (VDTK) , 99% down in two years, IS one of his disastrous tips. Today there is more bad news and it looks ever more likely that the serial liars chaired by Tory Toff Lord Willetts will be gigging with the Fat Lady soon.
34 days ago
And to think that Canadian Overseas Petroleum (COPL) founder Arthur Millholland said that I was a “snake oil salesman” and did not understand accounts. As the Fat Lady now books a ticket to gig with Arthur in the socialist hell hole of Canada, the shares have collapsed again, to just 0.4p. They were 25p when I first started exposing this crock 20 months ago prompting that misleading RNS response from Art. The shares should be suspended now as Canadian is now totally screwed. It is a zero.
47 days ago
I start with the olive harvest here at the Greek Hovel and across Greece and the theft of olive branches. Then I look at Bidstack (BIDS), Ben’s Creek (BEN), Upland Resources (UPL), see the tweet below, and Tintra (TNT) and the monstrous failing of AIM regulation (again)
62 days ago
I start on my diabetes. I should have acted earlier. But as i prepare for a Christmas of lettuce with all the trimmings washed down with mineral water, I am fighting back. Then it is onto UK small caps? When will they fight back? I name five that probably can’t and for which it is a matter of when not if the Fat Lady arrives.
80 days ago
Oh dear, oh dear, pity all those deep fried Mars bar munching viewers of BBC Scotland and the rapidly dwindling band of listeners to Radio 4’s Today programme suckered into buying shares in Scotgold (SGZ) by its fake news. Pity all those Bulletin Board Morons who knew better than the Sheriff as I flagged up red flag after red flag and published damning internal emails sent to Winnileaks. My full, and excellent coverage is HERE. Today Scotgold has essentially admitted that the game is up.
81 days ago
You cannot say that we have not warned you time and time again about Naked Wines (WINE). The chickens are really now coming home to roost and sooner or later there has to be a “run on the bank” with customers ( the Angels) withdrawing the cash they deposit with Naked as prepayments on its booze. And that will be game over. For now the Fat Lady is not booking a gig just yet but Naked has to be on her watch list.
109 days ago
On October 2nd the lead potential saviour investor in Scotgold (SGZ) walked away. But fear not, we are told today that there is another mug talking and that discussions are advanced. If this mug plays ball we are told that it will provide “sufficient funding for the Company to continue as a going concern.”. well sort of…
150 days ago
Its shares are suspended pending clarification but over at AIM listed Scotgold (SGZ), the worthless company promoted by BBC lies, things go from bad to worse and shareholders should brace themselves for a wipeout soon.
166 days ago
Some folks are fooled as to the rate of cashburn at Belluscura (BELL) by the way that – for reasons that are inexplicable to me – it capitalises so many costs. Put simply the states losses massively under-represent the horrific cashburn. Do the maths and even Stevie Wonder can see that the company is running on vapours and unless there is a material, so no doubt massively discounted, fund raise within weeks the Fat Lady will have another AIM listed gig.
170 days ago
Oh dear, Oh dear as disgraced share tipster Mike Walters used to say as yet another of his disastrous share tips went horribly Pete Tong. At Deepverge (DVRG) things go from bad to worse. You almost could not make this up: The company says that “Unfortunately”…
171 days ago
Oh dear, oh dear, as the disgraced tipster Mike Walters would always say as yet another of his recommendations went horribly Pete Tong. I have warned and warned about Scotgold (SGZ) for eons, publishing leaked internal emails which showed how parlous its financial position was, something the company tried to brush off with dissembling releases. Well, today, I hear that the Fat Lady is in a taxi to Kings Cross and preparing to head north… the shares have been suspended.
186 days ago
On 20 June Bidstack (BIDS) was forced to finally forced to publish its diabolically bad calendar 2022 results. Although it had £8.7 million left in its piggy bank at the year-end – thanks to a placing undertaken by misleading investors – the projected cashburn in 2023 thanks to the Azerion deal blowing up means that by Guy Fawkes night the company will have run out of cash and gone up in smoke.
267 days ago
Back on July 12 Deepverge (DVRG) announced that it was making all its staff redundant and ceasing to fund its operating businesses as the cash was almost gone. The last staff left on July 31 leaving just the PLC board.
270 days ago
I should not be shocked that WH Ireland (WHI) is up shit creek having to refinance at 3p, 19p below yesterday’s share price. Throughout my three decades in finance, every few years, whoever has been running the show WH Ireland has almost gone bust. Today is not the first time that the broker, Nomad and wealth manager has been at death’s door. WH Ireland should not be listed.
277 days ago
Shares in this dreadful company were 2.25p with the company capitalized at £70 million on January 11 2022 when I published a, crammed with red flags, dossier. Bulletin Board critics and advisers said I had it all wrong. Today the shares have collapsed by another 55% to just 0.115p after a bailout placing and warning that the Fat Lady may have a gig. More ouzo for a once again vindicated sheriff who has warned folks so many times.
284 days ago
Oh dear, oh dear. Despite having raised £5 million so far this year, Scotgold (SGZ) today says it had just £620,000 cash as at June 30th and owes $500,000 with a fifth of that due as the first repayment due this week. This makes the #BBCScandal that the national broadcaster and protector of paedophiles told its viewers in late January that Scotgold had discovered new gold (when it hadn’t) to allow a pump and placing dump even more of a scandal. Today’s news is bleak.
297 days ago
Contango (CGO) is a Zimbabwe coal play penny dreadful ramped aggressively and persistently by the Scouse promoter Doc Holliday for two years. But as with other disasters like Chesterfield Resources (CHF), Versarien (VRS) and More Acquisitions (TMOR) where the fat Lady is already juggling diary dates, it’s been a piss poor investment. But now a statement is needed ASAP as it could get far worse
298 days ago
Yesterday we had the dismal prelims from Bidstack (BIDS) with the confession that it is talking to a death spiral provider to stave off a gig with the Fat Lady. Today the annual report is out and it contains fresh horrors hidden deep in the notes.
298 days ago
It was back on January 31 2023 that Guild Esports (GILD) tried its hardest, but thanks to me failed, to hide from its long suffering investors a warning from its hapless auditors that a fund raise was already underway to keep the Fat Lady at bay. Today that fund raise was finished but what a piss poor damp squib it is. Guild is still technically insolvent.
306 days ago
Natch, the May operational update from Argo Blockchain (ARB) is highly selective, missing out all the really bad bits. But there is enough there to see that it is not generating cash and that it is creaking under mountainous debt.
306 days ago
Just 7 months ago Deepverge (DVRG) was celebrating the raising of £10.8 million by the esteemed firm of Turner Pope. Today there is a warning of redundancies amid an intensifying cash crisis and that the shares could be suspended in just 26 days for not getting its calendar 2022 results out on time. Oh dear, oh dear: anyone got a number for the Fat Lady?
338 days ago
Last week I discussed how the purchase by Cellular Goods (CBX) of start up Singapore based seaweed to net carbon zero POS company King Tide Carbon PTE. I showed how the transaction made no strategic sense and will accelerate the already disastrous cash burn ensuring that the Fat Lady is gigging well before Santa rewards all the good little boys and girls while handing lumps of coal to the directors and promoters of Cellular. But it gets worse, far worse.
393 days ago
Once again we are watching the death throes of a company where Steve Moore and myself have warned you for years as you can see HERE. On 20th January Mirriad (MIRI) announced those words no shareholder wants to hear “strategic review.”. In plain English, we are fecked and the Fat lady is checking her diary.
411 days ago
The funder of the lifestyle of disgraced, porcine CEO, Neill Ricketts, that is to say Versarien (VRS), will run out of cash and still have debts of almost £8 million by April or May. It has been knocked back on its big grant application to Innovate UK – as revealed here – and so must get a placing away PDQ otherwise the Fat Lady and the Fat Man will be singing a late Spring duet. Can you smell the desperation? For the second time in five days, we have an RNS Reach.
418 days ago
The shares are now just 4.25p, down another 32% today. The bare facts are that Advanced Oncotherapy (AVO) is running on fumes. If it does not raise fresh funding asap the Fat Lady will be called in for an emergency gig very soon indeed. The problem, as we have noted many times, is that par value is 25p.
425 days ago
Another day and another ramptastic announcement from Guild Esports (GILD). Of course it is nothing news but that is not the point. As it tried so hard to hide from investors, until I flushed it out on January 31, the company is running on vapours and needs to do a placing pronto (indeed it lied to its auditors and said one was already underway to get audit sign off) to avoid a duet with the Fat Lady.
477 days ago
Aquis listed Wheelsure (WHLP) has always been an accident waiting to happen. But now it seems as if the Fat Lady may have a gig in Bedford possibly even before Christmas. The statement, ‘natch, is wholly disingenuous. Naughty, naughty Liam Murray at Cairn. I shall be dropping a quick email to Santa as this is NOT what good boys do.
527 days ago
You really cannot say that you were not warned over and over again by this website that Argo Blockchain (ARB) would make rich knaves such as CEO Peter Wall, disgraced broker Andy Frangos, paid share ramper (sorry “journalist”) Zak Mir and proven liar and rule breaker John Story richer while screwing ordinary shareholders. The game is almost up. The Fat Lady is gargling. Today’s October update is a disaster.
527 days ago
At 9.07 PM last night I revealed here that Applied Graphene Materials (AGM) was working on a placing, trying ( I stress trying) to raise £3 million at just 2p as against a 10p bid price. I flagged my piece up to the PR bunnies at Hudson Sandler and so ensured they all had a late night as today there is a response to comment on “an article published on the ShareProphets website on the evening of 7 November 2022 regarding a possible equity raise.” Timber!
541 days ago
Fear not. All of the rogues involved in ramping this one over the years have already made vast sums through share dumping and bloated cash payments. Peter Wall, Zak Mir, disgraced broker Andy Frangos, Adrian Beeston, John Story the list of colourful characters goes on and on but they are all okay, there is no need for them to launch a Go Fund Me page. But, Argo Blockchain (ARB) served up dire news this morning which means those mug punters, bulletin board morons and institutional investors alike, who have ignored my numerous explicit warnings, will soon do their conkers.
547 days ago
Hurst has not stuck the ball in the back of the net yet but the crowd of bears are on the pitch clutching bottles of ouzo and is that a Fat Lady I see among them? Surely this disgrace from the IPO class of 2021 is doomed after the latest news? You cannot say that I did not, on numerous occasions, warn you all
553 days ago
Oh dear, oh dear. This looks awfully like 2021 all over again but can Vast Resources (VAST) manage to side step a rapidly advancing Fat Lady for a second year on the trot. In 2021 auditors refused to sign off accounts for the year to April 30 2021 as Vast was deemed insolvent. Only a massively discounted placing arranged at the last minute avoided a share suspension as accounts must be out by October 31. This year things look worse.
555 days ago
With serial failure Richard “horseface” Horsman as chairman since its 2016 IPO, Toople (TOOP) has always been a disaster and I have always been a bear. The CEO changed regularly but the pattern of cash guzzling underperformance was always the same. Oh, and it also lied to investors as I showed most recently, HERE. That is never a good sign. Today the Fat Lady has arrived bringing a bottle of ouzo for the Sheriff as she gets read to sing with the loser Horseface.
564 days ago
I use as case studies in today’s podcast Tern (TERN), Argo Blockchain (ARB) and Bidstack (BIDS) two of which could be singing a duet with the Fat Lady by Christmas notwithstanding receny refinancing news.
574 days ago
Fake Sheikhs (two of them), legal rows, management largesse, ADM Energy (ADME) has had the lot. While it might have provided neutral observers with a barrel of laughs, for those poor mugs who ignored the numerous warnings on this site it has been less than rewarding. Under various names ADM has destroyed 99.8% of shareholder value since it darkened London’s doors back in 2014. Of course numerous directors and crony capitalist advisors have coined it in but shareholders – apart from the first Fake Sheikh as he pumped and dumped – have all been screwed. Today we have more bad news.
641 days ago
Petropavlovsk (POG) was obviously aware that I was driving across France on Tuesday and distracted by the most stressful of episodes, as it took the chance to suspend its shares and say that it would appoint administrators while I was distracted. Today it said that the hearing in the Courts to settle the administration is scheduled for Monday. As the fat lady warms up there are three key takeaways from someone who predicted this on March 4 HERE.
653 days ago
I start with the fate of PM BlowJo. He is toast, but it does not matter: nothing will change, whoever fills his shoes. Then, it is onto Tesco ditching Whiskas. Our cats are already on Tesco’s own brand, supplemented by the local wildlife – but what does this say about inflation and corporate earnings? After that, I discuss Malcolm Stacey, and why he is so wrong on Zoo Digital (ZOO). Finally, I look at Cineworld (CINE) and AO World (AO.). The former stays silent on the big issue, and is a 2022 zero. The latter has 21 months until the Fat Lady’s performance, notwithstanding today’s fundraise.
669 days ago
Full-year results from perennial AIM uber dog, ADM Energy (ADME), are – needless to say – appalling. Huge losses, cash outflows, legal battles, and three bailout placings (one post-period end); but it could get worse. Ooh, yes. The account notes warn explicitly of a hot date with the Fat Lady.
669 days ago
The company headquartered on a grim Staffordshire estate - which claims to be a “global player” – is in all sorts of trouble. Its shares remain suspended, as the FCA refuses to sign off on a deal, announced on 12 April 2021. Meanwhile, where are the (undoubtedly piss poor) numbers for year to October 31 2021? To them, first.
676 days ago
Last time Argo Blockchain (ARB) passed the hat around, its disgraced CEO, Peter Wall, claimed that it had no need to issue equity. I put it to you that – as I revealed on Saturday – Argo is preparing to do just that; otherwise, Wall will be treated to another of the Fat Lady’s performances. Moreover…
705 days ago
Each January, AIM-listed Verditek (VDTK) – chaired by Tory toff, Lord David Willetts – would issue a trading statement, covering the calendar year. It was never anything to write home about, as, despite announcing huge orders ahead of a discounted placing, none would turn into actual er….orders. So, this was typically a January confessional. But in 2022, there was no trading statement.
752 days ago
The purpose of an RNS is to inform investors not to deceive and mislead them. But that is exactly what Canadian Overseas Petroleum (COPL) did last Friday when it published results for calendar 2021. On the RNS we were treated to an abridged version which read really positively. I can imagine why folks rushed to buy. But…
753 days ago
I have today been disinvited from the Woodford TTF event, so if you paid £75 to hear me, ask for your money back. I’m sure the FT’s happy, and I discuss what you will NOT now hear. I also discuss today’s April Fool on ShareProphets - which some of you fell for! Finally, I look at 4D Pharma (DDDD); Verditek (VDTK) – is that the Fat Lady I see?; Eden Research (EDEN), and the issue its auditors will have; and musicMagpie (MMAG), with today’s share price lurch in mind.
759 days ago
Okay this is not on a par with musicMagpie (MMAG) or Parsley Box (MEAL) which are both heading for an encounter with the Fat Lady already but, still, Nomad Singer should be holding its head in shame, as reader A flags up Artisanal Spirits (ART).., Hat tip to him. Here’s why.
766 days ago
In today’s podcast I look in detail at Deepverge (DVRG) whose CEO Gerry Brandon is a 100% arse and whose most recent RNS is utterly deceptiive. I also look in detail at musicMagpie (MMAG) where a placing will be messy but is a slam dunk cert if the Fat Lady is not to make an appearance and at Cineworld (CINE) which remains a slam dunk short.
920 days ago
You cannot say that you were not warned numerous times that this crock would collapse but natch Bulletin Board savants and the paid promoters such as Vox Markets knew better. Today Salt Lake Potash (SO4) has appointed administrators in Oz and the Fat Lady is belting out a chorus of Waltzing Matilda. Of course the blame lies with the ex CEO, the aggressive penny share bullshitter Tony Swiericzuk, who “was resigned” on 27 August.
948 days ago
Well you cannot say that I did not warn you all that this would end in tears. Naturally, some Bulletin Board savants knew better than the Sheriff of AIM and heaped abuse on me in all the usual ways. Oh dear savants, you have lost all your money. Enjoy the poverty that lies ahead. Have you told your Mrs that Christmas is cancelled yet? For me, it has been fun while it lasted. No doubt Cynical Bear is, like me, enjoying ouzo on his cornflakes today as it was he who first alerted us all to the scallywags Charles Tatnall and James Longley who brought us Plutus and a raft of Standard list dogs which kept on lending each other money they could never repay. But today Plutus Powergen (PPG) has been booted off AIM. Hello: is that the Fat Lady I see rushing towards us? Nope. I think it is just my mother-in-law but you don’t want to mess with her either.
1021 days ago
2813 days ago after being jerked around and threatened with legal action by its odious PR man, I, nonetheless, published the bloody dossier on Green Dragon Gas, which latterly became G3 Exploration (G3E). Though it has been obviously bust for a while, today it was forced to admit to it. Shame on that PR man, shame on boss Randeep Grewal and shame on those who promoted this enterprise. Today, after almost a year of denial, the Fat Lady has sung.
1368 days ago
You, dear readers, cannot say that you were not warned about this one. I penned a detailed expose on April 13 warning you all that this would end in tears. Natch the FCA has done nothing, that being its standard response to folks losing all their cash to mini-bond schemes. Anyhow, word reaches me of events that suggest the end game is almost upon us for this property developer.
1445 days ago
I start with the economic mess the Government has landed us all in. Will 25% of small businesses go bust or just 13% and who is going to pick up the tab? Then it is onto Purplebricks (PURP), Tern (TERN), Mosman (MSMN) and Bidstack (BIDS) where time is almost up, the Fat Lady is surely gargling now.
1561 days ago
The PR person for Plutus Powergen (PPG) is the Cheryl Cole of her world, but even more classy. But not even her charms can save her client from more comment from myself, notwithstanding appeals from head honcho James Longley that I remove prior, harsh but accurate comment HERE.
1586 days ago
Having parted company with toxic David Sefton and Lyin’ James Berwick could things get any worse for Anglo African Oil & Gas (AAOG). With cash very tight and the Fat Lady already gargling in the wings surely not? Well actually yes.
1586 days ago
Last weekend my friend Evil Banksta served up a most excellent piece on a company called G3 Exploration (G3E) pointing out that while its shares continued to trade it was actually insolvent, as you can see HERE. I am in little doubt that for this fine enterprise the Fat Lady will indeed be singing shortly. Indeed, the shares could be suspended at any time.
2024 days ago
The gyrations in the share price of Frontera Resources (FRR) caused by its latest lie-packed City presentation have forced the company to put out a statement and it makes for truly grim reading. This company is worth 0p per share and in the current climate it may well get there before too long.
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.
2998 days ago
No PR genius Steffi I am not accusing you of being a fat lady. Nothing could be further from the truth. On both counts. But while you sun yourself in South Africa with your market abusing criminal client Chris Oil, I have some bad news for you. If you were wondering why your other client, Golden Saint Resources (GSR) had not sent you its £3,000 monthly retainer of late, there is an RNS just out....
