1236 days ago
The journalist-smearing, Sefton fraud-enabling PR man turned analyst and all-round tosser Dr Michael Green has updated the world with his take on Bluebird Merchant Ventures (BMV) after yesterday’s news. While his initial coverage was patently ludicrous with a target of 34.79p which I rubbished HERE, the latest note is less bonkers with a target of 16.72p. That is about twice my own target for Christmas, as I explained HERE, but here is the note from the disgraced Green.
1805 days ago
NoGold has still not been in touch regarding the £50 he owes me. It seems as if my good mates at the FRC really are getting tough on executives who commit accounting fraud. Fabbo. But I ask for more. And what of lying? It is fraud of a different sort and I have strong suggestions for what the FCA and especially the Oxymorons at AIM Regulation already can do and very rarely do do but need to do so more often to drain the swamp and put me out of a job.
1904 days ago
I start with the incredibly exciting matter I flagged yesterday. It did happen and I shall be able to say more in 4-6 weeks. Then onto the death of Robert Mugabe. I am sure the BBC will focus on early heroics. It should not. That is like saying “but… Hitler created some good art early on.” I celebrate Mugabe’s death wishing it had happened years ago. I look at how the regulators fail to tackle white collar crime reference Sefton (SER) and at why Altitude (ALT) MUST be investigated. I also cover Alien Metals (UFO) and Neil Woodford dog Xeros (XSG).
1930 days ago
I start with the threat of a UK recession, piffle tweeted by the lunatic David Lammy MP, the link to Brexit (minimal) and the stockmarket implications. Then onto Burford (BUR) where events move apace but the company seems to think bear raider Carson Block of Muddy Waters is in legal hot water. Instinctively I side with Block, however if today’s Mail is correct and he has closed much of his short while still issuing bearish tweets then is he any better than Chris Oil on Sefton or shamed broker SP Angel on Blue Jay (JAY). On that basis….
2116 days ago
Covering Quindell (QPP), Naibu (NBU), Patisserie Holdings (CAKE), Staffline (STAF), Sefton (SER) and more I look at the role of auditors and lawyers in enabling corporate fraud and what needs to change to stop this.
2197 days ago
Two caveats. Firstly, the analyst producing this note is Dr Michael Green who as PR man to the fraud Sefton (SER) earned a fat wedge protecting that fraud by, inter alia, masterminding a dirty tricks campaign against myself and Dan Levi. He is a motherfucker with no place in financial services and he should be cold shouldered by anyone with any sense of morality. Secondly, Align is a paid for research provider. Notwithstanding that I reckon Wishbone Gold (WSBN) shares, which we own and bought more of at 0.1p, are very cheap. So here is the Align research. The morally bankrupt Green who Align should fire on principle, opines:
2375 days ago
ScotttheScott was almost there but not quite. Yesterday I asked you to suggest which of the four figures below was the odd one out: former Tory leader Iain Duncan Smith, devout Christian Julie Meyer MBE, divine actress Jennifer Aniston and shamed ex Sefton Boss JimmlyLiar Ellerton. I am shocked that Henry Gewanter who, heroically, ensured that MPs expenses were leaked and who used to act for Praise The Lord failed to get the right answer. That answer is:
2376 days ago
There is no prize but are you "freaking cleverer than God" and able to spot the odd one out? The answer I see has nothing to do with nationality or religion. Post your answers in the comment section below. Our four angels are former Tory leader Iain Duncan Smith, Praise The Lord Julie Meyer, divine actress Jennifer Aniston and shamed ex Sefton boss Jimmyliar Ellerton. Do your worst...
2413 days ago
Having exposed all the big stockmarket frauds of the past five years on this website (Quindell, Globo, Cloudtag, MySquar, blinkx, Gulf Keystone, Naibu, Daniel Stewart, Sefton, China Chaintek, Aquatic Foods, Cupid, Avanti and the list goes on and on and on) I never cease to wonder at the stupidity of some folks who invest in such stocks. But Frontera (FRR) shareholders are managing to shock me - truly some of them are the dumbest fucks on this planet.
2417 days ago
Version 2. Darren cut off 6 minutes of the podcast first time around. I am a nice guy. I will not fire him...until Monday. After many years I have upgraded from a Nokia brick to a sort of smart phone but I cannot work out how to answer calls or indeed shut it off or put it on silent. So in this podcast it very much plays the shepherd of Porlock. In the podcast itself I discuss my domestic arrangements ahead of the return of the Mrs and a weekend with the mother-in-law ( some of us have all the luck) then look at TrakM8 (TRAK), RM2 (RM2), Online Blockchain (OBC) and reminisce about Sefton (SER) and Jimmyliar Ellerton, prompted by a long chat with Brokerman Dan last night. In detail I look at Fishing Republic (FISH) which looks, to me, an increasingly sick puppy. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH.
2479 days ago
I am very excited by working through the most wonkish of data sets to show Channel 4 was serving up A grade fake news as it reported on the drought in SA last night. More on that HERE. I start with the BMR (BMR) scandal where i am an angry small shareholder. The problem is that this is not an isolated incident, I look at Telit (TCM), MySquar (MYSQ) and Sefton (SER) where crime really did pay. Then I look at an Optibiotix (OPTI) share sale and indicate at what point i will, again, be buying. I look at a share sale in BCA Marketplace (BCA) and why that is such a massive red flag compounding the thesis explained in my major report of last Autumn, The Big Short.
2684 days ago
We asked you a simple question HERE. Look at the mugshots of the dirty half dozen below and tell us the odd one out. For those who could not recognise the ugly sisters they were (top row first, left to right): Dodgy bubble Costis from Greek fraud Globo, Roger Lawson ( who is clearly not a fraudster), the king of the fraudsters Rob Terry of Quindell, lyin' Chris Cleverley of African Potash, Peter Shea of Daniel Stewart and Jimmyliar Ellerton of Sefton infamy. So who is the odd one out? No-one got this one correct.
2899 days ago
I start with the kerfuffle over Aiden Earley of Worthington (WRN) infamy. I described earlier how he has libelled me but is threatening me with legal action. He has lost the plot and I am now talking to my lawyer about dealing with this irritant proactively as I explain in the podcast. Then I discuss why it is better to travel than to arrive and a Red Flag that links Sefton (SER) and Cloudtag (CTAG)
2919 days ago
Following on from the Quindell, Sefton and US Oil & Gas downfall videos it is time that Cloudtag (CTAG) which will meet the same fate joins the party. Enjoy.
2945 days ago
As we revealed yesterday, ADVFN (AFN) bosses Clem Chambers & Mike Hodges who also run now delisted Sefton Resources (SER) have stated that flip flop Ben Turney has not submitted an EGM request to oust them. Flip Flop has denied this and accused the Sefton board of lying to their investors. Now Turney has parked his tank on the ADVFN lawn.
2946 days ago
Flip Flop Ben Turney who is endeavouring to oust Clem Chambers and Mike Hodges of ADVFN (AFN) from the board of now de-listed Sefton Resources (SER) has accused the two men of "telling blatant and demonstrable lies to investors in Sefton."
2962 days ago
It was almost four years ago to the day that Jimmyliar Ellerton of the fraud Sefton (SER) arranged to do a ramptastic presentation in London to try to lie to enough people to get another bailout placing away. Sadly for him both Brokerman Dan and I attended and we absolutely wiped the floor with the old rogue. It was the start of his downfall. To celebrate that Dan Levi and I have both booked in to a Mkanago Resources (MKA) presentation ...let battle commence. Fancy coming along? We gather beer and popcorn will be provided by the venue.
2964 days ago
The board of Sefton (SER) was informed eight days ago that Flip Flop Ben Turney owned 13% of the issued share capital and was demanding an EGM to oust the current directors, ADVFN (AFN) bosses Clem Chambers and Mike Hodges with Ben taking control. The resolution arrived in the BVI yesterday by snail mail but after eight days Flip Flop has not had a response. But he seems to have growing support and there are other developments.
3005 days ago
Aha, let's tell the morons that we are going to take legal action against Tom Winnifrith for pointing out that we are lying bastards who commit fraud. That will allow us to get a rescue placing away but we don't want to go for libel because disclosure would destroy us. Telling spivs you are going to sue the Sheriff of AIM allowed the fraudsters at Sefton to issue more confetti several times and African Potash (AFPO) is using the same playbook. But death for this worthless POS is merely postponed by a few months.
3034 days ago
Given the way that the concert party of criminal Chris Oil, ADVFN boss Clem Chambers and Brokerman Dan have managed to make Sefton the company that it is today, delisted and almost out of cash, folks might have feared that the next port of call was AIM Listed Antrim Energy (AEY) where the three amigos had built up a disclosable stake of 5.6 million shares.
3067 days ago
In this podcast I relay to you news of an investigation which has now closed into me and others relating to InternetQ. It shows the sinister powers the FCA has and uses but also the crass stupidity of the regulators in pursuing such an obviously flawed investigation. Not only was I 100% innocent but I was demonstrably so. What makes the fact that these fascist poltroons go after an investigative journalist who has busted so many frauds is that the FCA has not gone after the frauds despite me handing it evidence on a plate. I refer to Quindell, 3DM ( where in its FSA days it actually helped protect the fraudsters), Globo and Sefton This has meant that investors have been screwed as a result. The FCA is not fit for purpose
3175 days ago
Okay the photo is from tree huggers but WTF is going on at Horse Hill. Men in whote protective suits arriving on the site and wandering around. Doing what exactly? Perhaps you'd like to suggest what the men in white coats are looking for at the Gatwick Gusher? Over to you. David Lenigas, Chris Oil, PR genius Steffi ( who works for both), anyone involved in Sefton, menacing PR hardman David Bick, Andrew Bell, shareholders in US Oil & Gas are all fair game. Do your worst in the comments section below. Deadline midnight Sunday
3202 days ago
The man with the reverse Midas touch, the market abusing criminal Chris Oil has tweeted that he has sold all his oil shares. Naturally that is a lie since one suspects his 13% of now delisted Sefton (SER) is hard to shift as is the £250,000 he spunked into Lenigas Cuba (CUBA). But the tweets (below) are clear.
3254 days ago
After meeting the ghost of Christmas past HERE and the ghost of Christmas present HERE young Christopher Oil tried as hard as he could to get some sleep. He tried counting Sefton share certificates. It was a bit like counting sheep. They were fluffy and stupid and just hopped over the fence into a big void where they disappeared. But that did not work.
3326 days ago
It would be churlish not to report that Sefton Resources (SER) has some good news to report. Its shares are still toast but at least it appears to have seen off the legal challenge of its bent former boss Jimmyliar Ellerton.
3329 days ago
Carry on Up the Sefton Resources (SER) has helpfully given us an update on its death throws as an AIM casino listed stock – suspension could well arrive by as soon as Friday at 7 AM. The timetable of doom is thus:
This afternoon Chairman Jossy meets wannabee CEO Clem Chambers, the boss of ADVFN (AFN). Clem, backed by Dan Levi and market abuser Chris Oil, is insisting that he wants to go on the board ASAP even though no Nomad will act for Sefton under new management. This, BTW, is not a reflection on Clem but on Mr Oil.
3332 days ago
Daniel Dunkley of the Sunday Times business section is a tosser devoid of professional ethics. I explain why in this podcast and also why the deadwood press is a corrupt propaganda machine contribution to its own demographics driven demise. Then it is on to a session on value investing looking at Stanley Gibbons (SGI) and Surgical Innovations (SUN) with an en passant mention of today’s episode of Carry on up the Sefton (SER) thrown in.
3348 days ago
In this podcast I have hot gossip concerning ex IGAS (IGAS) boss Andrew "Piggy" Austin - I know that Wildes will be shouting karma! I also look at Ultima Networks (UTN), Jiasen (JSI) and Bagir (BAGR) and have a snippet of information on Sefton (SER) regarding Jimmyliar Ellerton and foxy Carol
3354 days ago
I start this podcast with a mention of my personal weekly podcast this week - The Orwellian BBC is not fit for purpose - you can catch it here. Then onto Wildes, LGO Energy (LGO), Sefton (SER) and the consequences of wage inflation and the abandonment of sound money.
3355 days ago
In today's podcast I celebate Fiji - come on guys, the Celtic World expects. Then onto how Goldman Sachs got the FOMC to carry on blowing bubbles and the to the farce carry on up the Sefton (SER) - Raylene Whitford has quit. Then to New World Oil & Gas (NEW), Ferrexpro (FXPO), Arian Silver (AGQ), Monitise (MONI), Metals Exploration (MTL) and LGO Energy (LGO - The Sheriff of AIM vindicated once again
3359 days ago
The flotation of the latest vehicle of Big Dave Lenigas, Lenigas Cuba (CUBA) is on course says a source close to the company and its listing could be achieved as soon as October, and will certainly occur by late November.
3362 days ago
Earlier this week I reported how market abuser Chris Oil had wasted Police time by reporting me to the Old Bill with West Mercia Police dismissing his compliant after just one email. But it seems, in this latest episode of Carry on Up The Sefton, that Kenneth Williams is nothing if not persistent and has now reported flip flop Ben Turney as well complaining “Oooh Officer, he is awful.”
The following correspondence shows once again what a prat Mr Oil is.
3400 days ago
An odd day yesterday had me reflecting on how QE and low base rates had skewed life but how that is all about to change. A bearish podcast on equity prices and UK house prices. Then onto Sefton, Armour Group and Monitise.
3424 days ago
A brief podcast as I prepare to spend a morning on the beach with the Mrs. Then it is off to Athens. She thinks she is seeing a la dee da play. I am heading there for riot porn as the Greece Grexit crisis hots up again. Is Tsipras planning to betray the Hellenic Republic? Will he get away with it? Will Greece be booted out of the Euro anyway by the Krauts? Then a few words on the farce at Sefton as Jimmyliar Ellerton tries to make it go bankrupt via legal means. And then to the con Worthington.
And fear not Champagne Charlie Gibson fans, I had not forgotten about you. Just a reminder of why the Edison analyst is a convicted felon HERE and as a bonus a reminder of how it is not only the poor he screws HERE - and a reminder of why I feel the urge to remind you all HERE
3428 days ago
As an experiment I tried to upload this direct, rather than via Pizza Hardman Darren Atwater, but could not work out how to upload my photo so had to use an alternative. In today's podcast I look at Greece, China (the real story of the day), Sefton, Fitbug, Phorm, Stratmin Global and fat cats. Real fat cats like Oakley not fat cats like Sir Martin Sorrell.
And fear not Champagne Charlie Gibson fans, I had not forgotten about you. Just a reminder of why the Edison analyst is a convicted felon HERE and as a bonus a reminder of how it is not only the poor he screws HERE - and a reminder of why I feel the urge to remind you all HERE
3439 days ago
In a podcast organised by a well-known utter clown that went out on Thursday Sefton’s pouting FD Raylene Whitford slammed certain folk agitating for boardroom change with this biting comment "The last thing Sefton needs is another person in the company trying to line their pockets”. Ooooh er missus….
3440 days ago
I keep having this odd image of Malcolm Stacey. He lives among the heathen celts of Wales and is a self confessed money tree worshipper, an older man with white hair - he is Getafix, the druid from Asterix the Gaul. Getafix heads off into the woods with his sickle to hack away mistletoe to make potions. Malcolm heads off into the woods to hack away at the money tree and then brews up a potion.
He stands over his cauldron and as Delphic type vapours emerge he intones "I know, buy Advanced Oncotherapy, add more Tertiary Minerals." Sometimes it works and he enjoys a good night at the Punters Return. Other times it does not work and Malcolm realises he took cuttings from the wrong tree. Getafix mutters to himself "but the Money Tree realy does exist" and trudges back into the woods with his sickle to continue his quest. I digress.
In today's podcast I discuss whether money is important to me and whether I am really an alcoholic, look at Trap Oil, Quindell, Slater & Gordon, Red Emperor, Sefton and the POS Mosman Oil & Gas
3446 days ago
There is no Bulletin Board Moron of the week thread but I felt compelled to pass on this gem speculating about what the market abuser Chris Oil and his manservant Dan Levi were up to at Sefton. The mind boggles. Over to some loon on twitter who speculates:
3446 days ago
My podcast starts with Ben Turney, naked Swedish virgins, Britt Ekland, Christopher Lee and pagan festivals. Then I move into Auhua Clean, Sefton, Monitise, Tungsten, Urals Energy, Sareum and the world's worst investor.
3446 days ago
Rob Terry and his latest Quindell missive, the latest Sefton farce, the China frauds, the sheer level of mendacity, greed and corruption on the AIM casino is at a level which I cannot remember but the authorities do sod all and all the time the Private Investor gets screwed. This week AIM celebrated its 20th birthday and its allies in the crony capitalist cabal on Fleet Street lapped it up. I am sorry to say that my old pal Geoff Foster of the Daily Mail penned a vomit inducing piece HERE which needs "fisking"
3452 days ago
A pot pouri of a podcast today starting with the pronounciation pedant, the great Paul Scott. Then onto a cracking Zero Hedge article on how we should have treated the banksters in 2008 - we should have followed Iceland. Then on to Greece, Octagonal, Trap Oil, Nyota, Sefton, Afren, Alba Minerals, Monitise, Power Capital Global and Windar Photonics.
3457 days ago
Before heading to the White Bear with my father, a brief podcast. Armadale I question its maths but its shares could well be cheap even after soaring 155% today. Then onto Atlantic Coal (dog), Sound Oil, Sefton, Jiasen & Cyan.
Oh and read this brilliant piece on Asian Citrus HERE
And remember to download your free copy of UK Investor Magazine HERE
3459 days ago
The boyband caused traffic chaos on the M4 making this leg - as all legs - of my trip back to the UK much delayed. In that bad mood I cover Mosman Oil & Gas, Sefton and a champagne swilling criminal and compare this overvalued dog to Polemos, UK Oil & Gas and Horse Hill, Sovereign Mines of Africa, Iofina, Greece and the launch of our new mag. Download your copy for free now HERE
3466 days ago
In this podcast I try to explain how 2+2 does not equal 22 when it comes to injecting assets into shells and yes my case study is Sefton. I then turn to the China stockmarket bubble trying to show how mad things have become and what will happen when it ends in tears. As it will.
3466 days ago
In today's bearcast I can't help but look back as the Evil Empire's 2014 accounts come to light. Then I move on to a few other favourites Quindell ( vindicated), Coms (vindicated) and Sefton (vindicated). A hat-trick of wins on a day when I deposited cash in a Greek Bank. More on that later.
You can access the double share tip I am working on at 3.30 today for as little as £5 by signing up for immediate HotStockRockets access HERE
3468 days ago
Shares in Sefton are drifting today - down to 0.27p - but the company is still capitalised at almost £8 million but is now down to its last £300,000 of cash and as yet has no CEO and no deal. The share price discounts a lot but according to certain bloggers deals are in the bag. Perhaps it is time for Sefton to come clean on 4 critical points:
3477 days ago
Yes, this time it was at the Greek Hovel less than 15 yards from the building. And I was just 3 or 4 foot away. Cripes. I really do not like snakes which brings me on to Philip Crawford on Lombard Risk and Nomad Charles Stanley which today signed off on an OUTRIGHT LIE of an RNS penned by Crawford. I have a 14 year old score to settle with the tosser Crawford and so accuse him of lying to investors today. Is that not against AIM rules? Elsewhere I look at Tungsten, Plus 500, Sefton, Coms and Rose Petroleum which are all sells. Events at Rose have moved fast since the bearcast vindicating me (see HERE)
3478 days ago
Naturally I start this podcast with my big news - last night's encounter with a snake: did I kill it. You can read about that HERE. Next up is a detailed look at today's news from Environmental Recycling (ENRT), formerly 3DM, then onto Tomco, Rose Petroleum, Tungsten, Blinkx, Sefton and Solgold. And then for some folks out there - including Chris Oil - I explain what constitutes market abuse and/or insider dealing and what the FCA should do about what is NOT a victimless crime.
3483 days ago
Now on my 3rd PC in 10 days forgive the two minutes silence at the end of this bearcast...I was trying to say, more on that to follow but this little horror of a machine froze on me. Anyhow this podcast covers Reach4 Entertainment, Sefton, Hunter Resources, Camkids and the other China Norfolks, New World Oil & Gas and the growing sense of doom here in Greece.
3500 days ago
There is a false market in Sefton and China fraud Gate Ventures and the FCA and AIM Regulation do nothing to protect investors. That is a crime. I discuss that at the start of this podcast and then go on to do the hard maths on Sefton based on the claims it has made and to demonstrate clearly why the shares are 80% overvalued. Ignore the hype and bluster and the twitter and Bulletin Board insanity just do the hard math my friends and you can arrive at no other conclusion.
3518 days ago
Jimmyliar Ellerton, the disgraced former boss of Sefton Resources has been hoisted by his own petard and has now been told why he has no claims against Sefton Resources –it all goes back to the Gary Dillabaugh case and to some more recent issues with his – pro tem - trouble and strife, the foxy Carol.
You will remember that following a court case in Denver some years ago Jimmyliar was ordered to pay a seven figure sum back to retired Dentist Gary Dillabaugh. It was this case that brought Jimmyliar down since he had sworn under oath that Sefton was liable for his personal debts. He was either a perjurer or an embezzler and so was forced to quit in disgrace and shortly afterward the Sefton libel case against me collapsed.
However going back to the court case in 2008/9 Jimmyliar
3529 days ago
I seem to have been reported to the FCA again. I discuss this, Vince cable, Sefton, Quindell and the failure of regulation plus a bit about faith (which I do not have) or forgiveness (which I find hard). A company specific bearcast will go live later.
3533 days ago
In today's podcast I reflect on all the moron comments on Bulletin Boards every time Ive been threatened with legal action by crony capitalists or outright crooks. I forgot to mention Angus Forrest of Tern in that list but it did not work out to well for him just like threats from Globo, Range Resources, blinkx, Quindell, Cupid, Sefton, TXO and now Worthington as well as the clowns in charge of the LSE Asylum all ended up badly for them. Get used to it folks, I pick my targets carefully and I win! I then have a shock revelation about TXO before going on to discuss eServGlobal, Rosslyn Data, Mosman Oil & Gas and more.
3549 days ago
My first meeting with my barrister as I seek to have the Aiden Earley injunction lifted is on Monday afternoon and will cost £1000 +VAT. My lawyers’ fees are already in excess of that. The hearing at the High Court on Wednesday will cost several thousand pounds and so I ask for your URGENT help in getting this injunction lifted so we can expose more stock market crime.
We still have a couple of thousand on the kitty from the Sefton/AIM Cesspit campaign but that will be gone once we pay the first lawyers bill. And the costs here will rack up but it is important that we win.
As a result of our work full dossiers are now with the SFO, UKLA/FCA, HMRC and others.
If you value this work to clean up the stockmarket I ask you
3563 days ago
On Wednesday a reader sent me a photo of a Greek statue with caption perhaps intended for Mr Doug Ware, the CEO of Worthington. I wonder how Mr Ware is getting on consulting with Houyan Lin of Naibu, Rob Terry of Quindell and JimmyLiar Ellerton of Sefton who ran other companies I attacked to see how they can deal with The Sheriff? I gather Jimmy Liar has a nice mansion in Hawaii – paid for by Sefton Shareholders (minus 99.99%) – perhaps they could all meet up there. Anyhow I asked you if you could supply an even better caption for the photo below.
3567 days ago
And so the lawyer’s letter – well email – from Worthington PLC (WRN) to me has arrived. And as with lawyers letters from Quindell, Sefton, blinkx, Globo and others it is now on display at Free Speech & Liberty Pizza House. In fact it is on display in the gents as you can see below.
3574 days ago
Great News! Is it once more into the breach dear friends? Can I add a lawyer’s letter from Worthington (WRN) to those already received from blinkx, Globo, Range Resources, Sefton, Quindell, LSE.co.uk and other scumbags? I wonder. In case you are tempted Worthington “your company is a fraud” – I have seen off bigger scumbags than you and I really do not fear you at all.
Why do I wonder? Two days ago I asked Worthington a simple question by email. “Who are the advisers working on your attempt to get relisted on the main market?
My answer today from Ms Harriet Lucking:
Many thanks for your email and apologies for the
3583 days ago
Heck it is free speech day for me every day. In today's podcast I look at Sefton, Quindell, Afren, Igas, ISG, Insectco, Ascent Resources, Mosman Oil & Gas, Mopowered & Outsourcery
3588 days ago
Over the weekend I published my latest book, 49 Red Flags, how to avoid buying shares that will plunge. As a taster here are Red Flags 2 and 3, featuring Sefton, Quindell and Tern. You can get a free copy sent to you today by filling in the form HERE
Rule Two:
3594 days ago
Shares in the fraud Naibu (NBU) were finally suspended on the AIM casino on 9 January 2015 after the NEDS woke up and requested clarification of the financial position of a company claiming to be cash generative and drowning in cash. How long does it take to check this out? What next?
Having shown conclusively that Naibu CEO Houyan Lin had form as a felon HERE I am in little doubt as to the outcome. But what is taking Naibu so long? A letter to its Nomad, big Ray Zimmerman of ZAI Corporate Finance, follows. When Naibu ‘fesses up the questions start for Camkids (CAMK) and China Chaintek (CTEK).
3597 days ago
In today's podcast I look at Sorbic International another AIM Casino China stock where you just could not make it up and I ask questions of its hapless Nomad Finn Cap. I also look at Sefton and at Beale and what that says about takeovers. En passant I mention the POS that is Touchstone Gold.
3599 days ago
In this podcast I look at the issue of earnings visibility with special reference to quoted spreadbetting firms, at Quindell and its change of PR and what that telegraphs to you and then there is a detailed report back on Sefton Resources and its latest omnishambles announcement.
3657 days ago
I have only just driven across Ireland and arrived at Ballymaloe to record this but there is plenty to discuss in this hard hitting podcast. Oh yes it is very hard hitting indeed. On the agenda: Quindell (end game) and Cenkos (lies), Coms ( a bombshell revealed), Radiant Growth, China frauds and Daniel Stewart, Sefton, APR Energy (political risk generally) and African Minerals (vindication and 0p on the cards). Ouch, its stinging all round.
3671 days ago
I commend you al to listen to my earlier BearCast special on Quindell the truth about yesterday's announcement - HERE. Thanks for all the kind words about it. Moving on I discuss cash or lack of it, NPV and why that is all that matters. En passant I cover Globo, Monitise and blinkx but then move on in real detail to Corero and in less detail to Sweet and Sefton.
To hear more from me about the Quenron End game and for free pizza and champagne book in for Monday's seminar - details HERE
3699 days ago
Once again this website has exposed fraud, lies and deceit on the AIM casino – with regard to New World Oil & Gas (NEW). The statement from today vindicates everything that we have written and it has vindicated our approach. To the Bulletin Board Morons who attacked our articles as they averaged down I have no sympathy. You were warned but you insulted us. And you know who is next….
We do not produce 72 page Gotham City Research style dossiers when we go after crime on the AIM Casino. Our style is to unpick what is going on bit by bit. It might take 200 articles but we will get there. We do not waste our efforts where there is no wrongdoing whether it be grotesque stock overpromotion or outright fraud. We only go after the bad guys. Sefton, Range, Vialogy, New World, Cupid, Gulf Keystone, blinkx – we have been 100% vindicated. And you all know who is next…..
3717 days ago
It was only the other day that a Bulletin Board Moron owning shares in Naibu (NBU) referred to me as Winnifraud, accusing me of making it all up. Hey presto come Friday there were dire interims and t is clear that it is not me that is the Norfolk and the moron saw his investment slump in value by another 40%. Worse is to come as I shall reveal later today. But this follows the same pattern as we have seen with Range Resources, Sefton, Vialogy, Globo, Quindell, Iofina, blinkx, Gulf Keystone, Outsourcery etc. etc. Folks like myself and Paul Scott, the great share blogger, point out obvious reasons to sell and all we get is abuse. Paul posted this on ShareProphets yesterday re Naibu
3853 days ago
Writing negative pieces about companies does not win you friends. In the past year I have enjoyed as a result: lawyers letters from companies, being sued for libel, shit posted to me in the post, death threats, stalking (yesterday), numerous complaints about me to the FCA, defamatory comments about me and my restaurant on the internet and now attempts to get ADVFN to stop me writing. Bollocks! What I do is right and in the interests of shareholders. I am not stopping. Nor will this website.
What you must first understand is the vast amounts of money that quoted companies spend on persuading investors to buy their shares. Commissioned research from Edison, Hardman, etc. is not cheap. PR firms charge up to £10,000 a month to plant positive spin in the press. Roadshows and presentations at Proactive and Oilbarrel or the recording of soft promo videos are not cheap. My guess is that between them QPP, Iofina, Globo and blinkx will have spent c£1.5 million of shareholders funds last year on trying to persuade folks to buy the shares.
Most commentators and brokers write overwhelmingly buy notes.
3918 days ago
I wrote earlier today about how I now regarded Phorm (PHRM) as more of a sell than a buy. Following extensive conversations with a number of folks I now have it officially “in sights.”
Previous companies to be accorded that honour were – until they were forced to changed management - Sefton (SER) and Vialogy (VIY). We all know what happened there.
My target price for this company – now trading at 13.5p – valuing the enterprise at a preposterous £65 million – is buttons. More to follow….
4104 days ago
Perhaps they were all psychic and sensed pending news but Clerkenwell's finest celtic Italian restaurant Real Man Pizza was a buzz all day yesterday. First up was blog reader Gareth to whom I promised a Piss off Argentina T-shirt in a caption contest a while ago. We will not go into details as to how much of a while. Gareth was in town, popped in for lunch and was – as you can see – presented with his shirt by myself (wearing my Sod off Spain T-shirt which is getting stacks of positive comments). You can buy both shirts only HERE
4108 days ago
Apologies for the delay. Well there is a lot happening right now. Following the highly successful interventions in Afghanistan, Iraq, Egypt and Libya it seems as if we are about to intervene in Syria as well. Will we ever learn? Away from the folly of our leaders my mind this week centred on victory in my battle with AIM POS Sefton Resources and its liar and crook chairman Jim Ellerton. Bully boy lawyers Pinsent Masons has yet to throw in the towel officially (heck why not rack up some more fees while you can?) but it is only a matter of time.
If you missed the victory at Pinsents Video please watch and pass the link onto everyone you know. I gather the bully boys are hating all this bad PR. Given its role in the Sefton dirty tricks campaign against me Pinsents deserves all the shit it gets. So please watch the video and pass on the link to EVERYONE YOU KNOW - it is HERE
This week’s picture is below. Please post your captions in the comments box below.
For what it is worth my entry is
4109 days ago
The Pinsents Masons enquiry into Jim Ellerton just got a bit longer thanks to Dan Levi’s smoking bazooka revelation of yesterday which means that without ambiguity one can say that Jim Ellerton is a liar and a criminal. The only question is what sort of criminal? I discuss below where Jim will be prosecuted and for what and what this means for Sefton and me.
4110 days ago
I see that some poor students with useless degrees are saying that they cannot get jobs. No! They cannot get the jobs they want and so would rather suit on welfare bleating. I open fire in my weekly video postcard number 44
My weekly financial video postcard covers companies that use the law to try to bully critics (notably Sefton & Cupid) and also the abject failure of the piss poor AIM regulation team and it can be viewed here.
4114 days ago
I am smashed. 36 hours on the lash has taken its toll. Tomorrow Jim Ellerton will be leaving Sefton in abject disgrace. Seven months of corporate bullying is at an end.
Today has seen an alocohol fuelled blur of activity. Jim Mellon's PR man was here boozing at 8.30 AM and also at 11 PM, a mate of Evil's popped in and an ex RSH PR head honcho was on the lash as well. There were some very cute models hanging out at RMPC tonight and some Australian bloke tried to get a bit too friendly with me but got no joy. I enjoyed extensive table dancing with a Greek bird. Champagne, martini, lager, bitter, red wine, lemoncello, ouzo, whiskey, and now it is New Order blasting in my ear. I am not in a good state. Do not tell my deluded lefty's parents'!
Tomorrow we discuss the damages Sefton/Pinsent Masons owes to me & the Rebel Alliance and the deluded lefty bird arrives in London so due to hangover/a need to focus on what really matters (i.e. the deluded lefy) it will be light/zero blogging.
For now, off to bed. I win. Fuck you Jim Ellerton. Fuck You Pinsent Masons.
4116 days ago
From the ADVFN Sefton thread we have Dave444 with a posting which really is a classic. This sort of moron deserves to lose his cash. And as he is a Sefton shareholder we will get his desserts. Dave writes:
4121 days ago
I yesterday contacted the Serious Fraud Office and handed over documentary and other matters relating to Sefton Resources and Jim Ellerton. I have formally requested that the SFO launch an investigation into the activities of Mr Ellerton and Sefton in relation to Gary Dillabaugh and other matters in order to confirm that everything is above board. The SFO is now looking into what was sent.
Noting the board decisions made by Sefton in 2009 in relation to Ellerton and other matters I have also asked the SFO to investigate the actions of Sefton’s other directors and officers (including company secretary Pinsent Masons) in order to confirm that all of their activities are also above board.
Naturally one wishes to believe the best in all men & women and so I am sure that the SFO will find nothing other than a well run company governed in the best interests of its shareholders.
I shall keep you posted.
4154 days ago
Some fellow called California Joe has berated me on the ADVFN Sefton Bulletin Board for having other posters support what I say. After labelling me “scum”, he goes on to comment on yesterday’s article which I thought was rather good and which you can read here:
And that childish report above? Well, that shows the level of pathetic people carrying out this attack. If I was the Judge presiding, I would wonder at the total lack of professionalism of the defendents!(sic) Perhaps I could also get a few words on the blog too lol!
Joe your wish is my command. I would be delighted to make your day. You want a few words about you?
“California Joe is an illiterate dickhead who cannot spell defendants”
Always happy to oblige…
4263 days ago
I may have become a bit of a chinless wonder on this video. Normally I cut off the top of my head. This time I did the reverse. But the light looks good and the sound works and the content...I think I am on form and this is one of the most interesting video postcards for ages. You may disagree. Whatever. It is 15 minutes long.
On the Agenda
1. How companies react to short sell advice or negative comment, lessons learned: Minmet, Cupid, 3DM, Sefton, Caradon
a) The FSA, Evil Knievil, Lucian Miers, market abuse
b) Spin re bids
c) The sordid PR person/established media axis of corruption
d) Play the man not the ball
2. Internet companies, commodity goods, no room for many players
3. The freedom to write - launch of new website.
4280 days ago
Have you ever felt used by a lover? Someone strings you along, exploits you in the sack and then turns round and says sorry that is it. You served a purpose, the other side got what it wanted and now you are done. No not suffered such pain? Hmmm. Well, try being a shareholder in Sefton Resources or any one of numerous little companies on AIM who treat private investors in just such a manner and you will get to know what it feels like. I use Sefton as an example because I am thinking of applying to Mastermind with my specialist subject being “misleading press releases and statements issued by Sefton Resources 2009-2013” but it is just one of many
4370 days ago
The deluded fools still aboard the good ship Sefton (LSE:SER) were thrown a bone today with news that the pension plan of chairman Jim Ellerton has ponied up £76,145 in a placing at a share price of 1.1044p – this they argue is a huge vote of confidence in the AIM listed oil stock. Er…perhaps not. Is this real cash? The company will not say.
