14 days ago
https://shareprophets.com/views/77907/expose-of-eight-capital-repayment-of-1af2-limited-debt-kicking-the-can-down-the-road-amid-smoke-and-mirrors-and-lying-by-supply-s-zamboni
33 days ago
83 days ago
84 days ago
180 days ago
I start with a Cambridge University sports report and an apology to a reader who feels chastised. Then it is on to Canadian Overseas Petroleum (COPL), Regtech Open (RTOP) , Eight Capital Partners (ECP), Supply@ME Capital (FRAUD) and Dispensa (DISP), Strategic Minerals (SML), DS Smith (SMDS) and Revolution Beauty (REVB)
186 days ago
In the old days, owners of a British football club had to pass a “fit and proper test”. Some right old wrong’uns passed the test including the bouncing Czech Robert Maxwell, Putin’s buddy Roman Abramovich and those dodgy geezers from Iceland who, for a while owned the mighty Hammers. In theory the same sort of principles apply to companies listing on Aquis or the Standard List regulated, no sniggering at the back, by the FCA. But do they?
350 days ago
In part 1 of my article on this trio of sham companies which are all technically insolvent, I looked at the dependency of Supply@ME Capital (SYME), Regtech Open (RTOP) and Eight Capital Partners (ECP)on the financial strength of privately owned The Avantgarde Group (TAG).
352 days ago
The prospects for three public companies being Supply@ME Capital (SYME), Regtech Open (RTOP) and Eight Capital Partners (ECP) are intrinsically linked to the financial strength of AvantGarde,TAG, the private Italian company owned by Alessandro Zamboni, Supply’s CEO and a NED at Regtech. This is because both Supply and Regtech are reliant on TAG for their working capital and the majority of Eight’s net assets are represented by a loan on Supply’s shares with additional guarantees provided by TAG.
411 days ago
Yesterday I celebrated the massive revisions to Eight Capital Partners (ECP), 2021 accounts as a result of my good works with the FRC. But Eight also published its 2022 numbers this week and guess what?
411 days ago
Yesterday Eight Capital Partners (ECP), the bastard cousin of the fraud Supply@ME Capital (SYME) released both its revised 2021 accounts and its delayed 2022 accounts. I start with the revised 2021 accounts as I had previously reported Eight to the Financial Reporting Council on 18 July 2022 about those numbers. So, yes, this is yet another win and validation of my work. When Eight fessed up to the FRC ongoing investigation on 3 July it stated that revised accounts were being prepared but with no indication of the scale of the revision.
514 days ago
Eight Capital Partners (ECP) shares remain suspended as a result of my letter to the Financial Reporting Council about its inappropriate accounting treatment of its investment in the 1AF2 Limited bond described below in Eight’s RNS of 3 July 2023:
529 days ago
I question the net wealth claimed by two former Dragons in the Mail on Sunday. Linney’s claim is a joke following the demise of Outsourcery (OUT) as is that of Sarah Willingham of Nightcap (NGHT) which I look at after its latest crap acquisition and lack of profits warning. Then it is onto Wandisco (WAND) and the proposed bailout at just 50p, to Eurasia (EUA) where nothing at all adds up. Then onto today’s ouzo moment, the suspension of Eight Capital Partners (ECP), the insolvent fraud Supply@ME Capital (SYME) and Canadian Overseas (COPL) whose shareholders’ reactions to my latest piece show themselves to be as unpleasant as they are stupid. When Canadian, already 90% down since my first big bear call, heads towards 0p as it will inevitably do I will have no sympathy at all.
530 days ago
Having got shares in its bastard little brother Eight Capital Partners (ECP) suspended this morning it is time to turn to the fraud Supply@ME Capital (SYME) whose shares should also be suspended, in this case, pending clarification of its financial position. It may be capitalised at £79 million at 0.129p but technically it is bust.
530 days ago
On 18 July 2022, I wrote to the Financial Reporting Council (FRC) reporting what I considered to be material non compliances with IFRS accounting standards in the accounts of Eight Capital partners (ECP), the bastard offspring of the Supply@ME Capital (SYME) fraud, for the year ended 31 December 2021. Natch’ the morons said I did not know what I was talking about or that nobody would pay any attention. Today 100% vindication with a share suspension.
767 days ago
Secondary lender PCF Group (PCF) was an AIM sewer high-flier with its shares trading at above 40p just over 4 years ago. Today after news that it was winding down its loan book and delisting the shares are just 0.56p and the man who is to blame for the chain of events that led to today’s bombshell is David Bull, until August chairing Eight Capital Partners (ECP) and running the Audit Committee as a NED as its bastard big brother the fraud Supply@ME Capital (SYME). Is he the most toxic bean counter in the small cap world?
817 days ago
Disgraced Aquis listed Eight Capital Partners (ECP) has today published its interim results for the six months ended 30 June 2022. The numbers were piss poor with revenue of just £58,000 and a loss before tax of £506,000. And they were non compliant but who cares as this is the bastard little brother of Standard listed fraud Supply@ME Capital (SYME).
819 days ago
Eight Capital Partners (ECP), the Aquis listed vehicle of Dominic White,, the man behind the listing of the fraud Supply@ME Capital (SYME) has served up a trading statement. It is a hoot. It is almost as if the shameless White is a bit embarrassed.
860 days ago
Is it good news that the bastard little brother of the fraud Supply@ME Capital (SYME), Eight Capital Partners (ECP) has lost its CEO? Normally a shock departure after just 11 months as CEO is bad news. But this CEO in question is toxic.
881 days ago
In today’s Bearcast I reflect on why it is important to report Eight Capital Partners (ECP) but, more importantly PKF Littlejohn, to the FRC as I have done today. I look at why I don’t look at Direct Line Insurance (DLG), then consider Tortilla Mexican Grill (MEX) but in the same vein Fevertree (FEVR), Cineworld (CINE), Music Magpie (MMAG) and Parsley Box (MEAL). Then I look at Anglesey Mining (AYM) with a hisory lesson stretching back to 4000 BC and words of warning to suckers who may fancy a dabble. Then it is onto the disgrace that is Pineapple Power (PNPL) and all the rogues associated with this shocking promote.
881 days ago
Following my expose of the amateur and rule breaking accounts of Eight Capital Partners (ECP), the bastard little brother of the Supply@ME Capital (SYME) fraud, I have written to my good pals at the Financial Reporting Council asking for a formal investigation into Eight and its auditors PKF LittleJohn and audit partner Zahir Khaki. The letter is below:
882 days ago
Oh dear, oh dear. This should be another massive red flag for the morons who own shares in the Supply@ME Capital (SYME) fraud to ignore. It will also prompt a formal complaint to the FRC about auditors PKF Littlejohn and Eight itself.
944 days ago
Follow the money…this is all about how Alessandro Zamboni, the CEO of the fraud Supply ME Capital (SYME) has dumped all, or nearly all, his shares in the fraud while pretending that he has not. But the net is closing in on the scam as today’s announcement from Aquis listed Eight Capital Partners (ECP) run by ex Supply chairman Dominic White makes clear.
1037 days ago
Having just managed to get its shares unsuspended, PCF Group (PCF) has today warned folks that they are likely to be suspended again. To have your shares suspended once may be understandable. But twice looks like carelessness and the man responsible is now a key figure in the Supply@ME Capital (SYME) and Eight Capital Partners (ECP) fraud. Any quarter decent firm would have suspended David Bull months ago. But Supply & Eight promoted him instead.
1048 days ago
On 25 August 2021, Aquis lobster pot listed Eight Capital Partners (ECP) announced that it purchased €40 million of 2.5% Fixed Rate Secured Bonds at par value from IWEP Limited, a company controlled by ECP’s Chairman, Mr Dominic White. So what you say? Read on for what has happened since shows how the Supply@ME Capital (SYME) con is unravelling
1183 days ago
It is hard to know where to start with the ludicrous announcements from Aquis Listed Eight Capital Partners (ECP) controlled by former Supply@ME Capital (SYME) boss Dominic White. But having seen the FCA overlook industrial scale fraud at Supply, in its capacity as , ahem, “regulator” of the Standard List, White says he is going to move Eight to the Standard List. Surely the FCA has to reject this application? Why?
1204 days ago
This really is Alice in Wonderland stuff. Sitting on the big mushroom is Dominic White, the ex-chairman of the Supply@ME Capital (SYME) fraud but also boss of Aquis listed Eight Capital Partners (ECP) whose last stated net assets were just £40,000. Now Supply promoter Zak Mir hands over the hookah to the dormouse. Please try to keep up.
1216 days ago
Dominic White stepped down as chairman of the fraud Supply@ME Capital (SYME) on July 22 but is still involved in the company and the way CEO Alessandro Zamboni is dumping all the shares he controls. Today, White’s Aquis listed company Eight Capital Partners (ECP) has put out a release which is all about Supply shares but, for some reason, fails to name the company once. Suspicious? You bet.
1266 days ago
I start with logistical issues. Thanks to Andrew Bell and Red Rock Resources (RRR), I need to find another hat to eat on video. This may take a while but I am a man of my word. I discuss Red Rock and why Bell has let me down. I end with a picture of where I was at lunchtime with Joshua celebrating today’s personal triumph re Eden Research and KPMG. Then I look at Verditek (VDTK) where surely the FCA or the Oxymorons at AIM Regulation must act now. Today’s news begs more questions for the AIM Shit of the year 2012-20, Richard Gill, aka Gollum. Then onto Hurricane Energy (HUR), Wildcat Petroleum (WCAT) and Eight Capital Partners (ECP) part of the Supply@ME Capital (SYME) swamp.
