183 days ago
I have warned JP Jenkins a number of times about Tintra (TNT), formerly the AIM Company of the year 2022. But despite shocking exposes like this one yesterday, JPJ seems happy to allow shares to be traded on its platform. Well maybe the winding up order might just change that? I kid you not.
184 days ago
Tintra Plc (TNT) now Tintra Limited, trading on JP Jenkins but formerly the AIM Company of the Year 2022, had a history of dumping loss making and insolvent subsidiaries for nominal consideration and recording large profits on their disposal. But was this all a deception? I have a £1 million expose which suggests that it was.
199 days ago
Earlier I flagged up the scandalous listing of Tintra (TNT) on JP Jenkins. It is my contention that the company mislead investors in numerous ways allowing insiders to make millions from dumping share at hugely inflated prices. And in that vein, here is another oddity that the folks at JP Jenkins should be considering as a matter of urgency.
201 days ago
I have written to my old pal Malcolm Burne in utter horror as I received the email below from his matched bargain platform JP Jenkins boasting that Tintra (TNT), the AIM Company of the year 2022, had joined JPJ. Our exposes on this website were countless but in essence, insiders dumped vast numbers of shares at hugely inflated prices on the back of spoof fundings at a huge premium which did not happen, then a takeover at 150p which did not happen and a tender offer at 150p which Tintra says may still happen but has not. And it will not.
233 days ago
In in last months as a public company, Tintra (TNT), the AIM Company of the year 2022, announced a potential takeover bid at 150 pence per share on 7 September 2023 which was revised, on 6 November 2023, to a potential tender offer for 29.9% of Tintra shares at 150 pence per share from LRB35 Limited. However, although the shares are now delisted
260 days ago
Welcome to death row on the curious world of the AIM sewer. Waiting for that final walk to the gurney were Clem Chambers’ Online Blockchain (OBC), obvious wrongun’s Tintra (TNT) and Advanced Oncotherapy (AVO) which should have had its last meal on December 31. Today: two took that final walk.
290 days ago
I start with the olive harvest here at the Greek Hovel and across Greece and the theft of olive branches. Then I look at Bidstack (BIDS), Ben’s Creek (BEN), Upland Resources (UPL), see the tweet below, and Tintra (TNT) and the monstrous failing of AIM regulation (again)
290 days ago
I say this with the greatest respect to good friends at Nomad Allenby but in the scandal of the fraud Tintra (TNT), the AIM Company of the year 2022, they have behaved in the most shameful manner. I really do not know how they can sleep at night. At 11.02 AM today Allenby quit as Nomad and broker leaving the shares suspended. That came 2 hours after Tintra published a circular (for which Allenby will have earned a fat fee preparing).
301 days ago
I start with it being the first day of Advent and a moan about folks starting Christmas far too early. Then onto Skinbiotherapeutics (SBTX), why I am not selling and a suggestion for Stuart Ashman, a serious one, on how he can regain investor trust at a stroke. Then it is Tintra (TNT), Ceres Power (CWR), free speech on this website, Totally (TLY), Vast Resources (VAST) and Rua Life Sciences (RUA),the sponsor of today’s ouzo moment.
301 days ago
After hours on Tuesday in an RNS Tintra (TNT) announced its “Intention to Seek Cancellation from Trading on AIM”. Oh dear. I have warned you so many times that the AIM Company of the year 2022 was a nest of snakes. Of course, so many Bulletin Board savants knew better. This is a scandal that AIM Regulation should be all over like a rash, having failed to deal with so many issues over the years despite explicit warnings on this website
310 days ago
In today’s podcast I look at why charting is folly, musicMagpie (MMAG), Tintra (TNT), Empresaria (EMR) and numerous lessons we can all learn and Lift Global Ventures (LFT) run by brown envelope man Zak Mir and why its results are so utterly misleading.
316 days ago
Tintra (TNT) shareholders are currently awaiting developments in the proposed development of LRB 35 Limited’s proposal to make a tender offer to purchase up to 29.9% of the issued share capital of Tintra Plc at 150 pence per share. Mr Market doesn’t think is going to happen given Tintra’s shares are currently at a mid price of 75 pence per share.
325 days ago
In today’s podcast I start with another couple of thoughts on the war in Ukraine and why a peace deal could see Eurasia Mining (EUA) have to ‘fess as to the lack of any real bidder and go to zero. I also look at a raft of other possible zeros discussing the reasons why for Verditek (VDTK) where my analysis suggests it is already essentially insolvent, Tintra (TNT), Mosman Oil & Gas (MSMN) and Boohoo.com (BOO). I also comment on the pre bailout pump at Guild ESports (GILD) – oh and a new speaker at ShareStock has been announced HERE.
325 days ago
Tintra (TNT) announced today that the previous possible offer for 100% of the company at 150p per share in cash announced on 7 September was being replaced with a proposed tender offer for up to 29.9% of its issued share capital at 150p per share. Tintra also announced that the Board intends to delist from AIM. This all stinks.
329 days ago
At 6.13 PM yesterday Tintra (TNT) issued its interim report for the six months ended 31 July 2023. Needless to say, it contains a raft of schoolboy accounting blunders.
337 days ago
I start on the topic in the strapline then discuss: Upland Resources (UPL), Tintra (TNT) and other spoof bids. Then it is onto Caracal (GCAT) a clear zero in waiting, ASOS (ASC) and why Gary is wrong, Dev Clever and why the FCA has no balls, CAB Payments (CABP), Regtech Open (RTOP) and the fraud Supply@ME Capital (SYME) .
357 days ago
On 3 October 2023, Tintra (TNT) made the following announcement:
359 days ago
In my first article on Tintra’s (TNT) accounts for the year ended 31 January 2023, I raised a question around why the auditor didn’t qualify its audit opinion given management disagreed with the auditor’s opinion that there was a material uncertainty over going concern. In the second article I highlighted concerns with the adequacy of the auditors work on the debt instrument. In my third note I looked at the two discontinued operations which were sold where more questions arise for the auditor. Now for the ten million dollar discrepancy.
359 days ago
There has been no RNS but i am told it has happened so I discuss all matters Victoria (VCP) in detail. I also look at Alpha Growth (ALGW), reported to the FRC today, Tintra (TNT) to be reported tomorrow and to the FCA as well, Vast Resources (VAST), Ben’s Creek (BEN), Horizonte Minerals (HZM), Imperial Brands (IMB), Chill Brands (CHLL), HS2 and my date tomorrow with the Cheshire Filth.
359 days ago
In my first article on Tintra’s (TNT) accounts for the year ended 31 January 2023, I raised a question around why the auditor didn’t qualify its audit opinion given management disagreed with the auditor’s opinion that there was a material uncertainty over going concern. In the second article I highlighted concerns with the adequacy of the auditors work on the debt instrument. In this third note I take a look at the two discontinued operations which were sold where more questions arise for the tin pot auditor BSS & Co..
362 days ago
Part 1 of this report will be passed to the Financial Reporting Council today as will this article. Both Tintra (TNT) and its tin pot auditors BSS & Co need a formal censure and fine. I continue…
362 days ago
I start with Joshua’s bonus Welsh lessons then it is onto Boohoo.com (BOO) with my thoughts and those of matt Earl. There is Tintra (TNT) and also Belluscura (BELL) and TMT Aquisitions (TMTA). Finally we have a date for Sharestock 2024 ( 7 September) as you can see HERE
362 days ago
Yesterday Tintra (TNT) published its 31 January 2023 accounts which were signed on 29 September 2023 which is something I wasn’t expecting to happen given the short tenure of the joke accountants on board.
380 days ago
I start with my video feed, Peter Brailey IT genius (not) and my cat. Then it is Kefi Gold & Copper (KEFI), Caracal Gold (GCAT), Bidstack (BIDS) and a real ouzo moment, Regtech Open (FRAUD) and Supply@ME Capital (FRUAD), Cavendish Finance (CAV), Vast Resources (VAST), Zephyr Energy (ZPHR), Nanosynth (NNN), Tintra (TNT), Olaf’s b/f the trainspotter and Ben’s Creek (BEN). For various other reasons I am in a bad mood and my language reflects this. Matthew’s dog and Catriona will love this podcast.
380 days ago
In its RNS of 1 September Tintra (TNT) informed shareholders that it had changed auditors part way through their audit for the year ended 31 January 2023 and stated that “Our decision to change audit firm is to enable audit completion by the end of September”. At the time I expressed scepticism about this proposed revised timetable and at 2.15 pm on Friday 29 September it appears that I was justified as no RNS of final results has yet appeared.
396 days ago
On 7 September Tintra (TNT) announced that it was under a potential offer from LRB35 Limited. LRB’s proposal was of a possible offer at a price of 150 pence per Tintra ordinary share in cash, with a share exchange alternative
416 days ago
Its shares are still suspended as it still cannot get out its annual report despite hiring a mickey mouse firm. But yesterday, Tintra served up some positive news, a possible cash offer of 150 pence per share with a share alternative subject to due diligence and the finalisation and documentation of financing for the transaction.
422 days ago
The other day I speculated that Tintra’s (TNT) new auditors, B.S.S (Accountancy Services) Limited probably only had 1 AIM client. As you can see HERE, it does and that client is Tintra itself. So much for all the bull about how this firm from Shifnal, Shropshire is staffed by ex KPMG chaps. If BSS’s partners are BSD’s I am a banana.
422 days ago
The latest RNS from Tintra (TNT), – shares suspended – raises even more red flags. This is shocking stuff and why AIM regulation is not all over it is mind boggling. Tintra has fired its auditor.
422 days ago
Shares in the AIM Company of the year 2022 remain suspended as it cannot get its accounts out on time. But still the news comes and it stinks. Tintra (TNT) has finally issued an update on its long awaited latest investment subscription at 1178p per share.
472 days ago
I recently commented on the poor optics of two director resignations at Symphony Environmental (SYM). Tintra (TNT) has also had two non-executive Directors resign from the Tintra Plc Board after only a short period of time, to take up non-board roles in the wider Tintra organisation. On 9 March 2023, Tintra announced:
500 days ago
Today Tintra (TNT) made the following announcement: “Update in relation to full repayment and termination of the Placement Facility”
512 days ago
Following on from the first bombshell exposes in today’s results from Tintra (TNT) there is worse to come and anyone holding the shares really needs to lube up as this is quite shocking.
512 days ago
Today, at a leisurely 9am just an hour before its scheduled AGM (for which notice was provided on 7 July 2023), Tintra (TNT) issued its unaudited results for the year ended 31 January 2023. That is not the act of scholars and gentlemen and naturally demands further scrutiny. What is being hidden?
518 days ago
I have warned you often enough that Tintra (TNT) would blow itself up and it has now issued a RNS stating it is faces delay in getting its audited accounts for the year to 31 January 2023 finalised after six months and might, as a result, get its shares suspended on August 1. This is a massive red flag but what is the problem?
519 days ago
First, thank you for kind words on my in-laws and yesterday’s burglary. Then it is onto Ariana Resources (AAU), Optibiotix (OPTI) and Skinbiotherapeutics (SBTX), Tintra (TNT), Canadian Overseas Petroleum (COPL) and Argo Blockchain (ARB).
526 days ago
The cheque is in the post. No honest guv it really is! Today Tintra (TNT) issued the following RNS:
532 days ago
In today’s RNS Tintra (TNT) says that it has repaid the “placement facility” and stated:
545 days ago
In its business update of 9 June 2023 (TNT), Tintra announced that the $10 million investment announced on 10 March 2023 at 1178 pence per share which was to be made 45 days after the establishment of an Special Purpose Vehicle (SPV) still hadn’t arrived and that the agreement date was now extended until 10 July 2023.
589 days ago
In today’s Bearcast I discuss: Aptamer (APTA), Supply@ME Capital (SYME), Tintra (TNT), Versarien (VRS), Advanced Oncotherapy (AVO) and Colin Bird’s Bezant Resources (BZT).
595 days ago
I am still celebrating Star Wars Day and discuss Tintra (TNT), Argo Blockchain (ARB), Deepverge (DVRG), Microsaic (MSYS), the madness at Mosman Oil & Gas (MSMN) and the black hole at Bidstack (BIDS), hence its delayed results
623 days ago
On 29 March Tintra Acquisitions ( now renamed Indomanager), the former intermediate holding company through which Richard Shearer formerly held his stake in for Tintra Plc (TNT) filed amended full accounts for the period from incorporation to 31 March 2022.Unfortunately….
627 days ago
On 30 March 2023 Tintra (TNT) announced that Dr Joe Lyske, the Company’s Chief Science Officer, had purchased a further 47,207 ordinary shares of 1 pence each and now holds 108,002 Ordinary Shares (equivalent to 0.67% of the issued ordinary share capital). The aggregated information reveals that the average price was 106.7 pence per share making around a £47,000 investment.
641 days ago
On 17 March 2023 Tintra (TNT) announced that:
651 days ago
Even Stevie Wonder can see the red flags waving here. And you don’t need any sense of smell to detect the stench at Tintra (TNT). It continues to raise money at a massive premium to its current mid share price of 150 pence and to an ongoing death spiral conversion. The RNS issued on 10 March indicates that another unidentified investor is paying 1178 pence per share as set out below:
673 days ago
I am on the mend but very slowly and still in pain so a shorter than normal bearcast covering Home Reit (HOME), Tintra (TNT – target price 0p – and Caracal Gold (GCAT) also a zero despite today’s deceptive RNS with Andrew Monk’s VSA Capital’s name at the bottom. Now back to bed.
673 days ago
We continue the series of exposes which any sensible regulator would have acted on already. Luckily for Tintra (TNT) it is listed on the AIM sewer so the Oxymorons at AIM Regulation appear happy to do nothing. Tintra 3.0 Limited accounts for the period ended 31 May 2022 have now been filed at Companies House and were stated as being signed by Abdul Sajid, the Tintra CFO, on 3 February 2023. As described in extracts from Tintra RNS announcements of 24 November 2021 which announced the joint venture, Tintra 3.0 is a crucial part of Tintra Plc’s future business plan:
677 days ago
In today’s Bearcast I look at Tintra (TNT), Inspirit Energy (INSP), MJ Hudson (MJH) run by the founder of the West Ham United supporters on Linkedin but for whom there look to be no excuses, Bidstack (BIDS) and the Abrdn Smaller Companies IT (ASCI)
677 days ago
In a previous article, I exposed that the fair value of the ordinary shares in Tintra (TNT) that should be required to be valued in the accounts of Tintra Acquisitions Limited but clearly weren’t of £7,446,291. In this note, I highlight another material asset that wasn’t recorded, that being the convertible loan provided by Tintra Acquisitions to Tintra Plc and this could make this scandal, one HMRC is bound to be investigating a £15 million one. That is three times the size of Nadhim Zahawi’s recent “scrape.”
687 days ago
The tweet below is from Labour shadow chancellor Rachel Reeves but I also cite Lib Dem leader Ed Davey for spouting equal tosh this morning. I start with BP (BP.) and windfall taxes. Then it is onto Tintra (TNT) with two more bombshell exposes today. My target price here is now officially 0p. Then it is onto another Dominic White, of the fraud Supply@ME Capital (SYME) infamy, MaxRets Ventures (MAX). En passant I mention DeepVerge (DVRG).
687 days ago
AIM Regulation and Nomad Allenby appear not to care about the three exposes of Tintra (TNT) published here in recent days. So here is a fourth showing what a sewer AIM has become. St Daniel House, a former subsidiary of Tintra Plc is massively insolvent and owes former customers £1,467,511 and is effectively looking to offload these liabilities from the Tintra Plc group.
687 days ago
Tintra (TNT) is, following exposes HERE and HERE, now drowning in more red flags than one might see on a May Day parade in Moscow. But it gets worse, far worse.
687 days ago
I start with Manchester City and then move onto Tintra (TNT) where i a am now working on a 3rd exposé in three days. It has all the hallmarks of a zero and regulators need to step in. In the same vein I discuss Caracal Gold (GCAT) amid a dash for trash. Then it is onto HUI (HUI) and Powerhouse (PHE) and finally I discuss Vast Resources (VAST) where – as I warned a placing dump followed the Zim diamond pump. This will not be the last bailout placing.
687 days ago
Following my bombshell revelations around Tintra Acquisitions on Saturday which AIM Regulation has confirmed to me that it is now looking into, there is a new massive red flag to hoist. If anyone cannot see how Tintra (TNT) stinks and is uninvestable, they need to get a guide dog and a white stick pronto.
689 days ago
Richard Shearer the CEO of Tintra (TNT) has a grand vision for the company which is summarised in the Allenby Capital research note of 30 January 2023:
690 days ago
I end with an apology to Tim. I start with the annual agony of a tax return. The Mrs is struggling. Then onto Vast Resources (VAST), Tintra (TNT), can anyone explain the mystery to me? Rosslyn Data (RDT), Predator Oil & Gas (PRD) and UK Oil & Gas (UKOG).
690 days ago
In today’s RNS Tintra (TNT) announced that it had received the US $10 million subscription at 1178 pence per share, a huge multiple to trading share price of around 185 pence per share down on the opening price by almost 12% at time of writing this article as follows:
709 days ago
In its business update RNS of 8 November 2021, Tintra (TNT) provided the following information about its proposed restructuring of St Daniel House Limited, the last active corporate entity in what was Boxhill Technologies before it was renamed Tintra:
720 days ago
Oxford is so full of Godless liberal tossers these days. After a brief rant on that matter I look at the importance of December to the bars and restaurant trade and how this month will be awful. I suggest why the lack of profits warning Sarah Willingham is now sitting on will force a bailout placing at Nightcap (NGHT) – any takers at 4p? I also look at Tintra (TNT) and nanosynth (NNN) as it heads for zero.
723 days ago
In the current nuclear winter for small cap stock Richard Shearer is proving to be the man to watch as today Tintra (TNT) issued two announcements revealing the raising of significant additional cash to finance the artificial intelligence led banking operation that he is building.
731 days ago
Since I wrote about Tintra (TNT), its rule breaking and interim results on 27 October, it has busy with a few new announcements. Is this now a quarter of a billion dollar spoof?
865 days ago
In part one I looked at the legacy issues and the FRC rule breaches. But what of the sunlit uplands mug punters owning Tintra (TNT) shares are promised?
865 days ago
The audited results from Tintra (TNT) for the year ended 31 January 2022 were published yesterday and reveal a loss of £454,000 on revenue of £351,000. The results primarily reflect the results of the legacy business which Richard Shearer, the new CEO has spent significant time, and money in trying to deal with. So how is he doing?
874 days ago
I haven’t written about Tintra (TNT) for some time. Since I last did, it has continued to sort out its legacy business, seeking to build its new model from the disaster that was St James House (previously Boxhill Technology). It has raised monies at high premiums to its share price, and appointed several impresing-sounding individuals to the Board. The self-styled “rapidly innovating Deep Tech & Banking business” continues in a similar vein, with the following AGM statement:
1062 days ago
In my last article, I calculated that there was £21,090 of outstanding convertible loan stock in issue. Tintra Acquisitions (TAL) has today rounded this to £100,000 as extract from RNS below shows:
1062 days ago
Two days ago, Tintra Acquisitions (TA) diluted the other shareholders in Tintra Plc (TNT) by converting £100,000 worth of convertible loan note into 1 million shares at a bargain conversion price of only 10 pence per share.
1062 days ago
In yesterday’s RNS Tintra (TNT) has indicated that the first subscription at the equivalent of 504 pence per share has arrived which is obviously very good news and sees 148,511 new ordinary shares in issue.
1063 days ago
On 10 January Tintra (TNT) announced that a new investor was investing $1 million equivalent to a valuation of 504 pence per share. Today’s RNS provides an update:
1068 days ago
In today’s podcast I look once again at ADVFN (AFN) and the chances of a bid, I look at Wildcat (WCAT) and Tintra (TNT), en passant, as indicators of market madness and finally I have a detailed look at Mercantile Ports & Logistics (MPL), a company that should have been booted of the AIM Casino a long time ago.
1076 days ago
I name all those shareholders or their BB or Twitter names that Union Jack Oil (UJO) is using shareholder cash to troll in a most thoroughly unpleasant way as I exposed yesterday. I also comment on THG (THG), Cineworld (CINE), Tintra (TNT), Versarien (VRS) and then on the bursting of the Covid testing bubble with particular reference to Omega Diagnostics (ODX), Avacta (AVCT) and Novacyt (NCYT) which has its own BIG question to answer. Plus, of course, MyHealthChecked (MHC). I reference vaccination and covid rates in Israel in the podcast which is covered in more detail HERE.
1076 days ago
Tintra (TNT) has issued an RNS “Strategic Investment Under Funding Round” which saw the shares soar up over 225% at the time of writing. The whole think stinks like a rotting herring stuffed down the back of a sofa in a very warm room.
1106 days ago
Richard Shearer at Tintra (TNT)continues with the rapid news flow with two more RNS announcements since my last article. Let’s start with a positive from yesterday’s RNS: “Dan Pym, the Group Finance Director, will leave his job at the end of this week. The Company expects to make an announcement regarding his replacement prior to his departure.”
1124 days ago
Today Tintra (TNT) announced its entry into the previously announced AI joint venture. There is nothing like announcing essentially the same deal twice to keep up the news flow. Under Richard Shearer, Tintra has turned into an RNS and share issuing machine. But these announcements are so patently bogus, how can Nomad Allenby sign off on such utter bollocks?
1141 days ago
Since the arrival of the new management at what was St James House on 25 March 2021, there have been over 25 RNS announcements from the group now known as Tintra (TNT). That is enough on its own to scream caveat emptor.
1153 days ago
I set out below four reasons why Tintra’s (TNT) interim financial statements are not compliant with the requirements of IAS 34 for interim financial statements and why new interims are required. Do I expect Nomad Allenby or the Oxymorons at AIM Regulation to do anything about black and white breaches of the rules? No. My faith in regulators or City advisors is at rock bottom. But just for the record:
1153 days ago
This morning’s interim results for Tintra (TNT) record an operating loss on ongoing activities of £704,000 on revenue of £596,000. The bottom line profit is entirely generated by a £992,000 gain on the disposal of Market Access Limited for £1 to John Botros.
1157 days ago
Tintra (TNT) continues to pump out new RNS announcements. Some are bollocks and a spoof, but one vindicates a major thrust of my attack on this POS.
1160 days ago
Richard Shearer, the relatively new CEO of Tintra (he was only appointed on 2 July 2021) continues with his impressive and rapid transformation of the former uber dog St James House (SJH). Under his leadership Tintra (TNT) is now giving clear guidance of its strategy and the next steps in that process to shareholders and then rapidly executing on those steps.
1173 days ago
Is Tintra (TNT) about to reveal an almost £1 million gain on the disposal of its former subsidiary Market Access Limited in its interim accounts for the six months ended 31 July 2021? Natch that would excite bulletin board morons but for no reason at all. Indeed it would stink.
1188 days ago
In today’s RNS Tintra (TNT) announced a conversion of £50,000 of its convertible loan stock into 500,000 ordinary shares of 1 pence each at a price of 10 pence per Ordinary Share plus a couple of other transactions. The most significant event was the following:
1226 days ago
Rapid progress is being made in the transformation of St James House (SJH) now renamed Tintra Plc (TNT) by the new CEO Richard Shearer as demonstrated by issuance of three RNS announcements on 13 August.
