117 days ago
My bearishness about Standard Listed Genflow Biosciences (GENF) started the day of its January 2022 IPO at 8p. The shares are now just 1.5p. The company was created by convicted pump and dump penny share fraudster Ron Bauer and his long time known associate Adrian Beeston who still – they claim- own 20% with an effective in price of 0.2p. Bauer is wanted on new charges in the US and faces 85 years in the slammer if, again, found guilty as you can see HERE.
492 days ago
Oh dear, oh dear. Despite having raised £5 million so far this year, Scotgold (SGZ) today says it had just £620,000 cash as at June 30th and owes $500,000 with a fifth of that due as the first repayment due this week. This makes the #BBCScandal that the national broadcaster and protector of paedophiles told its viewers in late January that Scotgold had discovered new gold (when it hadn’t) to allow a pump and placing dump even more of a scandal. Today’s news is bleak.
493 days ago
I show you Mr Monk’s plan below and explain why it is total bunkum but invite you to comment on it in the comments section below. Then it is on to Bidstack (BIDS) and the sixth stage of grief, Canadian Overseas Petroleum (COPL), at about stage 4, Cineworld (CINE) and more proof that the FCA is useless and finally Alba Minerals (ALBA) and its Welsh pump and dump.
576 days ago
Genflow (GENF) the company created by pump and dump penny share fraudster Ron Bauer and his known associate Adrian Beeston announced at 7 AM that it had released its annual results. Natch, the RNS contained no results at all but referred you instead to the website. And at 8 AM when I rang the company’s brokers, Clear Capital, the results were not up on the website either. They are now. So what is Genflow trying to hide?
585 days ago
The word on the Street is that the scholars and gentlemen at broker Turner Pope actually did act like scholars (researching my numerous exposes on this website) and gentlemen and so refused to raise any more cash for worthless POS MGC Pharmaceuticals (MXC). But some folks would raise cash for the Wiping Saddam Hussein’s arse company. Step forward Peterhouse Capital.
755 days ago
With normal companies and normal investors, one assumes that if a big stockholder has been selling you will see a TR1. But in some cases you would be wrong for making such assumptions. You will remember that Genflow Bioscences (GENF) was created for the Standard list by convicted penny share pump and dump fraudster Ron Bauer and his “known associate” Adrian Beeston. After the IPO at 8p in January of this year family Beeston and Bauer held c20% of the equity. Today the shares slumped to just 1.9p
757 days ago
Flip flop Ben Turney used to be a (pretty good) journalist on this website exposing pump and dump CEOs who talked bullshit. What would the Ben Turney of old think of his latest antics at Kavango Resources (KAV), CEO Ben Turney of the parish of Flip Flop. According to flip flop, as he today announced a £3 million placing at 1.8p, Kavango is “targeting the discovery of world-class mineral deposits in Botswana”. In a similar vein, thanks for subscribing to ShareProphets, your cash will allow me to continue targeting a night in the sack with Cheryl Cole. This latest placing is a shocker.
782 days ago
Fake Sheikhs (two of them), legal rows, management largesse, ADM Energy (ADME) has had the lot. While it might have provided neutral observers with a barrel of laughs, for those poor mugs who ignored the numerous warnings on this site it has been less than rewarding. Under various names ADM has destroyed 99.8% of shareholder value since it darkened London’s doors back in 2014. Of course numerous directors and crony capitalist advisors have coined it in but shareholders – apart from the first Fake Sheikh as he pumped and dumped – have all been screwed. Today we have more bad news.
847 days ago
Almost 20% of the equity in Standard listed outfit Genflow Biosciences (GENF) is meant to be owned by convicted pump and dump fraudster Ron Bauer, a man currently facing 10 fresh charges and 85 years in jail when found guilty, and his “known associate” Adrian Beeston. I say “meant to be”.
892 days ago
Yet again, I write to AIM Regulation with regard to the devout Christian, Matt Lofgran. Praise be the Lord. This time, it is not about his consorting with convicted pump-and-dump fraudster, Ron Bauer. It concerns his misleading investors in Nostra Terra Oil & Gas (NTOG), in collusion with London’s worst Nomad, Roland “Fatty” Cornish.
900 days ago
Last week, I exposed how Standard Listed company, Genflow (GENF), was created by a convicted pump-and-dump fraudster, currently facing an 85-year prison sentence. He and his “known associate”, Mr Adrian Beeston, supposedly own 20% of the equity, for which they paid peanuts. That alone should trigger an FCA enquiry, but it gets worse.
902 days ago
THIS article yesterday exposed the activities of Mr. Ron Bauer and his known associate Mr. Adrian Beeston. Now let us see the hook up with my old pal, the Sith Lord Zak Mir and what appars to be a horrific quid pro quo. Or maybe it is just a coincidence…
910 days ago
I suppose the criminal pump and dumper Ron Bauer might argue that it is he who has suffered reputational damage from dealing with Gavin Burnell of Globo (GBO) fraud infamy but a shocking new document has now come to light which begs massive questions for Burnell, Matt Lofgran of Nostra Terra (NTOG) and indeed of the FCA.
910 days ago
This is a major scandal – one that will create massive embarrassment for those operating in the depths of the AIM, Aquis and Standard List sewers. And for Matt Lofgran of Nostra Terra (NTOG), his buddy, Gavin Burnell of the Globo (GBO) fraud, and Novum infamy, it poses a major question of what they knew and when.
1028 days ago
I start with a few words on Oxford Cannabinoid (OCTP).I have not said fill your boots nor should you. The issue here is management allegedly lining their own pockets ahead of corporate action which they know all about. One should not buy shares in such companies. Then I reflect on an excellent piece by Maynard Paton on Cake Box (CBOX) which you can read HERE. I comment on some of the excellent points he makes but add in half a dozen of my own, notably comparing boasted net cash and net interest costs but also the shameful CEO pump and dump and the macro headwind given the demographic of its end user base. This is probably not another Patisserie Valerie but at 320p it is a stonking short.
1141 days ago
I should have mentioned this in bearcast yesterday, the maths is clear and unchallengeable. Abingdon Health (ABDX), a company I warned you about at IPO as it was insolvent and the valuation absurd, is pumping its stock via the yellow journalists on the Daily Mail and the Telegraph ahead of a bailout placing. You know the score: mug punters overpay in the secondary market ahead of a placing at a vast discount to fund managers.
1151 days ago
I explain why there was no bearcast yesterday. Then I look at the part this household is playing in the fuel crisis. It is all about psychology. Then a look at Real Good Food (RGF) and companies delisting before a look at the pathetic punishments for the enablers of fraud at Patisserie Holdings (CAKE) I also look at what Australian regulators are doing to tackle pump and dump twitter gangs while the FCA jerks off on more ESG porn doing nothing about tackling real crime. I flag up Aura Energy (AURA) in this regard.
1192 days ago
This will come as a bit of a shock to France’s Warren Buffett – Braveheart Investment Group (BRH) run by spiv pump and dumper Trevor Brown has raised £2.5 million via Peterhouse at just 18p. Wowzer. This stinks to high heaven. Shame on all concerned and here is why.
1199 days ago
As I write, shares in Braveheart Investment Management (BRH) are 11% off at 27.25p valuing this crock where Trevor Brown is the CEO at £11 million. But now that folks appear to have wised up to the pump and dump activities of Brown, what is fair value? I suggest 5p and here is why.
1282 days ago
After part one of the Musk pump and dump and then volte-face on bitcoin, the great fraudster faced the problem that Tesla (TSLA) was still sitting on around half of the $1.5 billion of bitcoin it had bought to great fanfare in February. But this bitcoin is dirty and environmentally tainted said the great green auto-maker – what to do with it?
1391 days ago
Yes that horrific news for shareholders in Supply@ME Capital (SYME) will be out in the morning. Meanwhile I reflect on a video I have recorded with the great Dominic Frisby which goes live tomorrow, I hope, and on news that Kwasi Kwarteng might just take action to stop directors lying to investors. I then explain why Redditt groups exposed HERE and HERE in the UK are, in reality, just pump and dump schemes, why they will not deliver another GameStop and why most folks following them will do their conkers. It will end in tears and, I hope, jail time and won’t “burn the shorters” or Fuck The London Stock Exchange, as the organisers promise, at all.
1400 days ago
With some folks having paid 8p+ for shares in Xtract Resources (XTR) late last week, today the company did a placing to the sewer dwelling clients of Novum Securities at just 4.5p. The shares are now just 4.8p to sell. Boy those folks suckered in by the Colin Bird ramping must be hurting today. This is so familiar but I did warn you explicitly what the old scoundrel was up to.
1441 days ago
Ascent Resources (AST) has only avoided a crash landing in tits up alley thanks to the provision of death spiral finance by Riverfort Global and Align Research. Essentially, it has sod all cash, its assets in Slovenia it failed to monetize for eons and some joke Cuban assets. At c6p it is capitalised at c£5 million. Given Parsons’ track record as a pump and dumper and value destroyer, only a total poltroon would buy any shares. So step forward… Mr James Parsons.
1795 days ago
Dev Clever (DEV) joined the Standard List at 1p on January 21 2019. Boy: it has been a rollercoaster year of pumping and dumping.
2078 days ago
I have not minced my words with regards to today’s shocking pump and dump by Bahamas Petroleum (BPC) as you can see here. But the City’s No 1 oil analyst, Zac Phillips of SP Angel worries that Bahamas may not be out of the woods yet although its assets look good. The great man wrote to his clients today to say:
2078 days ago
A month ago shares in cash strapped Bahamas Petroleum (BPC) traded at 1.2p which was probably generous. for this company has struggled for years to secure the farm in partner it needs to drill its acreage in the Caribbean. But then things started to happen.
2108 days ago
Over the past month the share price of AIM casino listed Blue Rock Diamonds (BRD) has soared from 0.29p to 0.38p. Some lucky souls paid up to 0.4p on Friday. Let’s review the timeline:
2122 days ago
Following on from my article on Sunday on Bluejay Mining (JAY) covering the very large share sales that showed up on Friday last week, news came out yesterday afternoon confirming that the seller of a chunky 6.48% of the company's float (netting a cool £6 million+) was co-founder and long time Rod Mcillree acolyte Jeremy Whybrow. That should set more alarm bells ringing for the bulls.
2351 days ago
We forced a statement last Friday and, today, UK Oil & Gas (UKOG) says it has completed an “oversubscribed” placing at 0.9p. FFS these bastards have a nerve. How they abuse and insult the owners of this company, its shareholders.
2653 days ago
I'd like to start a competition to find the AIM shareholder list with the lowest average IQ. I am beginning to think that it may well be that of Bushveld Minerals (BMN). Sure its shares are up by 400% since the pump ahnd dump of last fall (exposed HERE) and they may rise again on the latest pump and dump of yesterday (HERE) but folks need to be aware that a placing is a slam dunk cert. Oh no, say some very stupid people.
2737 days ago
A chap for whom I have some time some of the time asked me why bother sticking it to Arian Silver (AGQ), a worthless piece of crap on AIM. Will it make any difference to the charade, to the game which sees userless tossers like Arian's CEO Jim Williams get ever richer, crony capitalists earn fat fees and investors get buggered again and again and again. No. My writings won't change that. And the chap is right in that it will just make a few more pathetic wretches who would rather lose money than accept the truth hate me. Yup. He is right.
So there is a case for not bothering writing this article. But, on the other hand, if it saves one person from falling for Jim Williams' next pump and dump that is one person saved. And it is also right to point out the truth. And jusy now and again as we saw with the fraud Eden last week you get a result. So for what it is worth.
2952 days ago
In yesterday's bearcast I commented on the latest pump and dump by Bushveld Minerals (BMN). My attention is now drawn to a promotional video recorded by CEO Fortune Mojapelo on 17 October. This is just so sordid.
3007 days ago
Shares in AIM dog Strat Aero (AERO) zoomed ahead by 140% on Monday on the back of a total piece of non news. There was more non news on Tuesday but the shares started slipping back from 1.1p and they fell again today becuase after the pump there was the dump a placing to raise £370,000 pre expenses at just 0.5p. Oooh you bought into the pump at 1.1p - sore bottom time. The shares are now 0.6p to sell. It gets worse.
3177 days ago
On the evening of 2nd March W Resources (WRES) presented to a group of investors in London with the shares having closed that evening at 0.6p. In the eight days that followed the company issued not one but two ramptastic pieces of good news yet the shares slipped back steadily. They closed last night at just 0.47p.
3178 days ago
I refer you to my bonus podcast earlier for the depression note. I ask you what is the point? back to the markets and I look at another Horse Hill pump and dump, step forward Regency Mines (RGM ) and Andrew Bell. Next to dump Solo (SOLO) then UK Oil & Gas (UKOG) whatever David Lenigas tweets. Then I look at Origo (OPP) and also at Sprue Aegis (SPRP)
3182 days ago
Shares in Solgold (SOLG) raced ahead by 43% on Friday. But has anyone looked at the balance sheet and cashflow statements? It is just totally out of cash. All the money's gone. The RNS trail, is ramptastic and SP Angel (BTW what has happened to Mkango you scumbags) is bound to roger PIs with a post pump dump of a placing within days. This, and the idea that West Ham are the new Brazil and that all rugby players are homosexuals, is discussed in today's podcast.
3190 days ago
I comment on my smoking - after 12 days I am still clean and on the weekend's sport. Then onto ISDX and the silly claims by whichever pompous git runs it that it is the new AIM. I explain why it is not, what ISDX shares we own or wish we own (Mechan, Chapel Down & Coinsilium) and why we wont buy any more at all. I discuss the Alba pump and dump as the Horse Hill Gatwick flusher ( of mug punter cash down the pan) saga continuies. Finally my low point of the week: Independent Resources ( IRG) - it makes me feel sick...
3236 days ago
It was all so predictable. On 6 January African Potash (AFPO) issued an RNS which was both utterly pointless but also just about credible enough to have the Bulletin Board Morons/Zak Mir frothing. The morons ploughed into the aftermarket - not noticing that the RNS was in fact just confirming that part of a deal already announced several months prior had been completed but that no financials were revealed - paying up to 2.1p per share. The crony capitalists said "thank you very much cannon fodder" on the back of the pump and today came the dump... a placing raising gross proceeds of £825,000 at just 1.7p. However...
3263 days ago
The birth of AfriAg (AFRI) saw the hand of Jabba The Hutt's old mucker Paul de Robillard present, almost right from the start. Lenigas and Mr de Robillard appear to have worked together on this AfriAG (SA/plc/UK/whatever) venture almost right from the beginning.
3464 days ago
Oh dear. Oh dear. Oh dear. Jimmyliar Ellerton is back and Sefton (SER) shareholders now face a potential wipeout. Congratulations to Chris Oil for telling folks to buy at 0.37p as he dumped his entire holding. The shares are now 0.17p to sell and could well head back towards zero after news today. Well done to Chris Oil and all connected to him for their pump and dump.
Yesterday I asked whether Sefton could comment on a number of matters postulated by the rampers, namely that a placing had been agreed, that Rob Shepherd was joining as CEO and that a deal to bring in producing assets was almost done - see HERE. That seems to have goaded the company into making a statement.
Well what do we learn today?
3525 days ago
For the benefit of one reader in particular this podcast explains the difference between a share tip and a ramp, it explains pump and dump, it looks back to historic cases such as the City Slickers and explains why Bulletin Board Morons use the words differently to normal human beings.
3575 days ago
At the ShareProphets Seminar on 2nd February I did a joint presentation with my pal Anand from PrimaryBid. Anand’s new venture goes live next week and aims to kill off the bucket shops by allowing private investors to supply capital to AIM tiddlers at a discounted price directly. It will also make it cheaper for such firms to raise capital. I hope you will ALL support this venture and register HERE
My video flagged up 10 stocks which look like slam dunk pumps ahead of a dump to me.
Anand then explained PrimaryBid and we worked through an imaginary example together as you can see below.
3590 days ago
In today's podcast I look at the PR/Financial Press corrupt deal. I then move into Quindell, Robinson, Cambria Africa, Frontier Mining, what timber prices tell us about general earnings visibility, Gowin New, a new China POS that had been flagged up to me called JQW (target price 0p), the Wandisco pump and dump and Jiasen International.
3812 days ago
Rob Terry of Quindell (QPP) has always been so bullish about his stock urging us all to buy. And he buys shares too – he’d never try to sell would he? Oh yes, I have now seen and email which reveals a very dirty secret indeed. This will shock you to the core. But before we come to the attempted dump let’s deal with the pump.
On March 4th 2014 Quindell PLC used shareholders funds to pay for soft-soap interviewers BRR to record a podcast with Terry in which he was asked a series of very easy questions. So where does Rob think the share price (then in the low 40s) is going? Over to you Rob as he discusses the move to the Main Market from AIM:
3826 days ago
Independent Resources (IRG) won last week’s AIM Cesspit pump and dump (on mug punters) prize as it got its rescue £2.76 million placing away at 3p (the shares being 6.5p) after the pump but before the dump. But a City source makes it clear that the operation is not over yet.
The company admitted in its post dump (ooops I meant placing) RNS that it would be looking for money again. After the funds just raised will only last another 15 months and that is assuming that no drilling takes place.
3826 days ago
This is just par for the course on the AIM Cesspit – today’s less in how crony capitalism sees private investors shafted on a daily basis comes from the toerags at Independent Resources (IRG). This is just shocking.
Twelve days ago, with the shares at 5p, I helpfully pointed out that Independent was almost certainly almost insolvent HERE – that is to say its net current assets were almost certainly negative.
On 25th May this article appeared on a certain website:
Independent Resources (LON:IRG) £1.50 again you could profit more than 3000%
Independent Resources has taken a bit of a bashing since 2011, with the earthquake in the Po Valley having seriously put into question the value of the Rivara asset, but thankfully all looks set to change and investors can either grab a great long term hold…
Oddly the article did not mention that at that point Independent was technically more or less bust. Lo and behold private investors lapped it up and bought shares in the market sending the stock to 6.4p. Lo and behold a placing day has raised £2.76 million at 3p.
So how does this work? And who benefits?
4329 days ago
I have written a number of times about how UK websites you are meant to trust like MoneyAM and UK-Analyst (and now Digital Look has also trundled along the walk of shame) have been accepting money to send their loyal readers a promotion for US OTC stock Harmonic Energy (OTC:ASUV) stating “This is the one stock you must buy now” and suggesting that gains of 3,200% are possible. In very small print on these promotions it is admitted that they are paid for by a shareholder who wants to sell shares. In other words this is a pump and dump operation. And in the latest SEC Filing of 14th December we discover that Harmonic has almost no cash, no revenues and is burning cash – it should be clean out of money within a couple of weeks. The auditors flag this as a going concern issue. Er…just a bit. At 95 cents today the company is valued at $59.9 million.
US Investors are happily dumping shares and guess which suckers are buying? Er… Yes Limeys it is you thanks to those mailings from websites you thought you trusted. Heck that is the special relationship in action, the yanks get to offload their shit on the Brits and we send them Piers Morgan in return. Unless you were one of the folks suckered this is almost funny.
That supposedly respectable UK websites take cash to pump out this crap is a total disgrace but the story of this mega stock promotion for a total nothing company gets funnier still as I am sent the latest release from Harmonic with blockbusting news
4354 days ago
Last Friday one small website took money to send out a mailing about the “one stock you must buy before the new year.” Returns of 3,200% were mentioned. What the mailing mentioned only in very small print was that the mailing was paid for by a shareholder who is looking to sell shares in the market. What the mailing did not mention at all is that Harmonic (a US OTC Bulletin Board) stock also needs to raise cash as it has no money and in fact that its auditors had that day filed a statement saying that Harmonic may not be a going concern.
I had hoped that my piece would warn UK investors about this pump and dump and also deter any more list owners from taking money for promoting this filth to readers to whom they must surely feel some sense of moral obligation.
You can read my damning indictment of this company and its operation here.
I am sad to say that MoneyAM sent out the same mailing yesterday. I am sadder still that UK-Analyst (part of the t1ps.com group) sent out the same mailing today. That makes me very sad.
I make no comment about why they did this.
I merely beg you to ignore this mailing and not to buy shares in Harmonic under any circumstances.
I would also ask you to urgently pass this article on to anyone you know who does dabble in shares so that they might also be warned as to what is afoot.
For alerts on all article written by Tom Winnifrith follow him on twitter @tomwinnifrith
4359 days ago
An email was sent out by a leading financial websites group to its readers on Friday with the headline : “The one stock to own before the New Year.” I do not know where to begin with this shocking tale but if you bought that stock (and it is clear some folks did) you need to sell first thing Monday. This is just horrible. The stock in question is Harmonic Energy Inc (ASUV) which is traded on the US Bulletin Boards ( think Plus markets but less regulated and less liquid if you are a seller). The whole episode is just appalling.
