The kids were messing around and ended up being late for school this morning. As they dithered and procrastinated knowing that there will be no sanction at all for being late for anything I tried to recount the punishment at Warwick School when I was a boy. Not the sadistic abuse but the official punishments: am I misremembering?
Our correspondent dwelling among the inbreads with 12 furry toes and the tax dodgers on the Isle of Sodor, a retred bankster, writes:
Cult Wines about which I have been warning about since last April has now belatedly filed its overdue accounts for the year ended 31 December 2024 at Companies House. They show a company in deep financial trouble despite claiming to have raised £250 milion from investors . It’s corked and the FCA, who I have alerted again last week, should be all over this.
The monthly report for February shows that there were no new admissions and three cancellations including the departure of long term bear campaign dog Versarien taking the AIM market down to 613 companies. Theis is the lowest level for 23 years and no doubt Crazy Meg at Bloomberg blames that entirely on evil Tom Winnifrith, nobody else. Actually it is even worse than it looks.
That is to do with the BIG STORY. Set your alarms for just after 8 AM Thursday and keep a one to two hour gap in your diary. Then it is onto Iran, the markets and the gold price, Kavango Resources (KAV) and Eco Buildings (ECOB). Having been up until 4 AM working on the big story I let my guard slip and Matthew's Dog and Catriona will enjoy what follows.
Oh dear. This looks grim and I shall be flagging it up with my contact at the FCA later today suggesting that it launch a full enquiry into Kavango Resources (KAV) which is running on vapours but, more critically, seems to have misled investors. This is not the old management team led by “flip flop” Ben Turney but the current one led by Peter Wynter Bee. Crazy name. Crazy guy.
My esteemed colleague Peter “fagash” Brailey insisted more than a week ago that Eco Buildings (ECOB) was losing money so needed to do a placing. I contacted Chris Gilbert at Eco about this.
Yesterday was the insolvent fraud Nuburu’s (US:BURU) first day of trading post its 4.99 for 1 share consolidation or reverse stock split as a US counterparts call it and it had a shocker with shares cratering 41% on the day. Bad news for those following the fraudster Alessandro Zamboni and his gang.
Asset manager Adrian Day is still a bull of gold and black gold even after recent sharp gains.
After yesterday’s revelations about Bluebird Mining Ventures (BMV), I have written to my link man at the FCA about its CEO Sath Ganesarajah once again.
Today Tern (TERN) announced the results of its Open Offer and, I must concede, that even adjusting for how it fiddled the numbers, the take up is better than I expected. There is obviously no shortage of financial lemmings out there.
I start with events in Iran and the market reaction. Then it is Kefi Gold & Copper (KEFI), Bluebird Mining (BMV), BSF Emterprises (BSFA) and Oxford Nanopore (ONT), an oustanding short call from me but still valued at more than a billion and still a short.
Oh dear, Oh dear. The curse of struck off dentist Ajan Rejinald strikes again and, as a bonus, we lucky Welsh taxpayers are left picking up the tab. Calon Cardio Technology was run by Mark Clement who was sacked from Swansea University for gross misconduct (financial). At another taxpayer funded company Allerna he worked with Rejinald.
Oh dear. Oh Dear. Flip Flop Ben Turney, formerly of this Parish, and, like Julie Meyer, a devout and sincere Christian left Kavango Resources (KAV) with immediate effect last October. But his golden legacy lives on.
I am a loyal shareholder in Kefi Gold & Copper (KEFI), believing that the shares, now 1.77p will be 3p or more well before Christmas. With the gold price surging so should its shares be surging but if there was an Olympic sport of shooting with the target one’s own foot, Harry Adams would be taking home gold for Australia
