2541 days ago
BOS Global (BOS) is teetering on the brink of insolvency while the company's founder Michael Travia also tries top oust current directors led by serial fuck-up merchant Adam Webb. I have now seen letters sent by those very close to the situation which act as a second source for me of the most damning allegations about Webb who should stand down at once and never be allowed to run a public company again.
2572 days ago
BOS Global (BOS) has received a GM requisition which wins prizes for political correctness but which we back anyway as its main aim is for fire CEO Adam Webb who is man not fit to run a public lavatory let alone a public company.
4219 days ago
Er…yes I suppose I am if you call raising utterly legitimate issues mischief making I am guilty as charged. That was the allegation put to me by the CEO of AIM Cesspit listed Verdes Management (VCM) today as I asked him about the Alfa Romeo his company bought from him. He has promised to get back to me about the suggestion that he tried to get a new Linen suit put on expenses but was refused. I had a few other questions for him but it appears that Adam Webb is not my new best friend and does not want to speak to me anymore.
I am almost in tears.
To read about the Alfa Romeo bought by this company that was making no revenues click here or perhaps the staff jolly to Le Mans is more interesting – that story can be found here.
And I am not finished with Verdes yet…
4219 days ago
At the weekend I exposed how Verdes Management (VMP) a company listed on the AIM Cesspit market had misled investors in a series of RNS announcements as it struggled to say afloat in recent months. I detailed the pay accorded to the main man Adam Webb while the company played “jeux san revenues” with other folk’s cash, that is to say money raised from investors. But where did all the money go?
4220 days ago
AIM does not do irony but if it did Verdes Management (VMP) would win all the prizes. This is a typical tale from the Cesspit, directors and advisers keen on trousering the moolah, shareholders screwed and misled. If AIM was credible this company would be put out of its misery at once but the long running farce just keeps on going. No-one gives a damn about rules on the Cesspit.
Verdes, I am not making this up, describes itself thus:
“Verdes Management was established to support UK companies who have encountered difficulties during this economic climate. Drawing on our collective expertise in the City, the Verdes Team have unique resources that enable us to identify weaknesses in UK PLCs and offer independent advice and solutions.”
Fabaroonie. That sound great. Until you note that this company itself has been a total train wreck with its shares plunging from more than 3p three years ago to 0.09p on Friday. The company is – by my estimates more or less out of cash and has debt and is loss making. But at least there is the vast City experience of the board. Would that be the board that has failed to get a meaningful placing away? Has failed to compete on any advisory mandates? That said it had raised money last Autumn but er…did not? That misled investors in at least two RNS statements in the past six months? Yes that board. You could not make it up.
This reminds me of an entry in the “worst letter I wrote” contest.
Dear Jim
Can you fix it for me to appear on It’s a knockout?
