2005 days ago
Firstly, we are now at more than 99% of our Rogue Bloggers for Woodlarks target. If you have yet to donate please do so NOW HERE. Next year there are a few changes planned as I discuss. I then discuss my friendship with Richard Poulden and how it affects my writing. Finally Brian McDonnell, the liar and crook who runs the worthless fraud US Oil & Gas (USOP), I am planning a legal and media circus in Dublin to end your career, that of your mentor Liam McGrattan and Niall, Bertie and your other cronies. You want to play ball bitchez?
2446 days ago
Back in 2011 shares in IMC Exploration (IMCP) were 15p. Today they are 1p-1.75p but they should be 0p. Alan Green has been paid to ramp this stock without declaring his pay - as per Andalas last week - by serial liar Liam McGrattan of US Oil & Gas, TeknoMining and Great Western Mining infamy. But you cant's polish a turd. Today's interims are a hoot. FFS this NEX listed company is near as damn it bust. It should be insolvent by the end of May.
3346 days ago
In a wide ranging podcast I once again praise the great share blogger Paul Scott, if only to annoy those Bulletin Board Morons who wish to see us be nasty to each other. That will not happen. Elsewhere I comment on LGO Energy (LGO), UK Oil & Gas (UKOG), Armadale Capital (ACP), RM2 International (RM2), London Capital (LCG), JQW (JQW), IMC Exploration and that scumbag Liam McGrattan of US Oil & Gas (USOP) infamy and what that says about Standard Listings, and also on Tungsten (TUNG).
3714 days ago
I had hitherto suggested that serial liar Liam McGrattan and his gopher at US Oil & Gas wee Brian McDonnell were the true comedy geniuses of the listed world, but they have a new challenger, young Conrad Windham of All Star Minerals (ASMO). All Star has today issued a release:
All Star announces that it has received notification of a technical default on the Convertible Loan Note ("CLN") that was issued to the Company by ISDX listed, U3O8 Holdings Plc.
The CLN which was of £46,500 principal and carried a 10% per annum coupon was issued on 8 October 2013. Under the terms the Convertible Loan Note is immediately redeemable.
The board is in communication with U3O8 Holdings Plc about the situation and will update the market in due course.
Ends
The board of All Star is Conrad Windham and Tomas Nugent.
Now what the release does not say is that the board of U308 is …..Conrad Windham and Tomas Nugent.
Er…..so let’s imagine the scene. It is 10 O’Clock in the office of All Star Minerals and Conrad wanders in with two extra skinny double shot latte’s with cinnamon toppings and pipes up: “Tomas compadre this one is on me, any mail for us today?”
“Yup” says Tomas. “I’ve just opened it. It is the letter we sent ourselves yesterday”.
“Oh”…
3769 days ago
US Oil & Gas (USOP) once issued an RNS at 10 PM on a Friday – that Liam Mcgrattan is a comic genius. But he serves to demonstrate a valid point: if a company starts issuing RNS statements well after 4.30 PM this is a red flag that you should not be invested. Not a reason on its own but the sort of red flag that catches the eye.
The charitable explanation for an RNS issued at “no-one is watching O’Clock” is that the company is very badly run and just cannot communicate effectively with investors. Okay, that is not a hanging offence but it hardly inspires confidence does it?
3813 days ago
If you have a spare one hour and 49 minutes and want to listen to a comedian spouting total bullshit we are here to help with the assistance of wee Brian “It’s The Way I tell ‘em” McDonnell the man in charge of the POS joke GXG listed company US Oil & Gas (USOP). Before you listen remember:
US Oil & Gas and Brian are proven serial liars – see HERE
US Oil & Gas was kicked off ISDX for regulatory failures (a heroic achievement) – see HERE
Brian wants no independent boardroom scrutiny as I revealed earlier today HERE
US Oil & Gas was floated by serial promoter of utter shite Liam McGrattan – see HERE
US Oil & Gas is a worthless piece of shite traded on a joke market and fair terminal value ( and it will be terminal) is 0p – see HERE
Devoted followers of this POS, The USOPians,
3820 days ago
Well this is the acid test for AIM – will it accept a listing from Liam McGrattan the Irish fellow who has brought us the stockmarket disasters US Oil & Gas (USOP), TeknoMining and many others. If the Cesspit allows Liam to list IMC Exploration then it is officially a joke market.
As a reminder of the disgrace that is US Oil & Gas (USOP) - a company that was kicked off Plus/ISDX for regulatory failures and is a serial liar click HERE
Want more? Try Teknomining, a company that went bust on PLUS and er…told serial lies as detailed HERE
And now we have IMC
3989 days ago
The man who brought us Oil & Gas (the dog ate the documentation that validated our claims, booted off PLUS, etc.), TeknoMining ( gone bust, made all its claims up) and Great Western Mining (see here for that comedy) has another vehicle, listed ( well suspended) on ISDX. I tell you Liam McGrattan is a sheer comic genius. He is entertainment value off the Richter scale.
IMC is suspended for failing to publish its accounts for the year ended 30th June 2013. In the first half of the year IMC made a loss of 165,000 Euro on turnover of zippo and so I would suggest that auditing that business is going to be simpler than auditing, Kung Food, the tiny Chinese takeaway across the road from me.
What possible reason could there be for not filing accounts for such a small enterprise on time? It is all I suspect part of Liam’s mission to entertain. But it gets better...oh boy does it get better.
You know that one about trying to slip out an embarrassing RNS release when no-one is looking? If you issue the bad news at any time after 5 PM it is a bit iffy. At 6 PM that is well out of order. But Liam does not do well out of order he operates in a totally different league.
4212 days ago
Shares in AIM cesspit listed Great Western Mining (GWMO) tanked on Friday after an RNS which – in the wake of the US Oil & Gas (USOP) and Teknomining debacles – simply does not was. At 2.55p and capitalised at just £2 million this company is heading rapidly towards having shares of “toast investment grade.” Its problems are manifest but the history of it and other companies established by Liam McGrattan and cronies is the issue.
With every McGrattan resources promote we start with the big claims. The shares motor ahead. The placings ensue. And then McGrattan steps down from the board to pursue other business interests, run a Paris hedge fund or whatever. Then cronies such as Nial Rind step down. And then with USOP and Teknomining we have now firmly established that the claims made were sheer 100% bollocks.
We have yet to establish how many shares (for which they paid sod all) in USOP and Teknomining McGrattan and his cronies sold, when they sold and at what price. That would be fascinating data I suspect.
Great Western was a tad different in that as its front man it has Emmett O’Connell who arrived with a half decent reputation. But
4218 days ago
I have warned you before that anyone who invests in a resources company established by Dublin serial promoter Liam McGrattan needs their head examining. But for the deluded followers of US Oil & Gas (A McGrattan company run by his junior gopher young Brian McDonnell) it really is now game over. The company stands accused of lying by the State of Nevada. USOPians will remember that US Oil was booted off Plus for market irregularities and now trades on the micky mouse (apologies to Mr Mouse for the comparison) GXG Market. At one stage it was capitalised at £250 million and its followers still reckoned it would treble.
At 77.5p it is now capitalised at £32 million. I would suggest that its real value is pretty much close to zippo.
4219 days ago
The fallout from the Teknomining Scandal and the growing belief that US Oil & Gas (USOP) will turn from comedy to tragedy ( while remaining a long running farce) has had a knock-on at Great Western Mining (GWMO), a company also from the Liam McGrattan stable listed on the AIM cesspit.
If you need a reminder of the TeknoMining & USOP farce – where I accuse certain directors of being liars read on here.
Great Western was, like US Oil & Gas and TeknoMining, founded by Liam McGrattan from his offices above a dodgy drinking den in a ropey part of the badlands of Dublin, Ireland. As is the way Liam himself stepped down some time ago to pursue other business interests (did he dump his stock thereafter?). But he left his long time senior gopher Nial Ring on the board. Ring is Mcgrattan’s senior gopher, young Brian at US Oil & Gas is the junior gopher.
But on 29th April Ring also quit Great Western with immediate effect. This follows a familiar pattern (see US Oil & Gas, Teknomining etc.). What Shareprophets can reveal
4232 days ago
This is a story that started in an office above a pub in a part of Dublin where muggers go out in pairs for their own safety. But those who have been mugged in this case are investors in a series of enterprises floated on PLUS and AIM. It is shocking and grotesque even by the standards of the cesspit that is the small cap resource world.
4375 days ago
Tin hat on I offer up a couple of thoughts on our favourite oil and gas joke company valuation play US Oil & Gas (USOP) and a little company on AIM, Great Western Mining (LSE: GWMO). You see they are from the same stable and the connection does not end there. Both companies were set up in Liam McGrattan’s pub in, how can I put this, one of the less salubrious parts of Dublin. It is the sort of place where I try to overcome having an English accent by ostentatiously wearing an old London Irish rugby shirt. These days there are different folks fronting up the operations but if they wanted to they could share on travel expenses as while US’s Brian McDonnell heads off to Nye County Nevada to look for his oil, Western’s Emmett O’Connell heads off to Mineral County Nevada to look for his uranium, gold and silver. And guess what? These two counties are right next to each other.
