Before the RNS announcement on 27 April, Supply@ME Capital (SYME) already had 37.4 billion shares in issue.  This note sets outs out just how many shares could be issuable under this new death spiral arrangement assuming that the optional tranches get issued at the 0.05 pence per shares (whereas under the VWAP formulae the issue price could be even lower and thus even more dilutive.

Grab a cup of tea, sit back, and test your knowledge against the other ShareProphets members. Write your score in the comments, there are no prizes, and most important of all – no Googling!

We have reached the end of month 4 – how are my five slam-dunk sells of AIM-listed Barkby Group (BARK), Tern plc (TERN), Trafalgar Property (TRAF), URU Metals (URU and Standard-listed AIQ (AIQ)  doing?

These are the most-read articles and most listened-to Bearcasts of the week. The most read non-Tom article is The View From The Montana Log-Cabin As Gold (And Everything Else) Sells Off by Nigel Somerville at Number 3 or Number 10 if you include Bearcasts.

Earlier this week, I complained to the FRC about the grotesquely misleading interims, published by the fraud, Chill Brands (CHLL), on 28 January. Given the company has now undertaken a bailout fundraise, the FCA will have to act.  Moreover…

Everything is going down: shares, precious metals, bonds – it is all one way traffic south. The Nasdaq is now officially in a bear market, and has seen all of last year’s gains wiped out. The Dow is down from almost 37,000 at the turn of the year to 32,977 and all the US indexes slumped into yeserday’s close. But Bonds are also falling, and Gold had a poor week too – perhaps no surprise, given the general sell-off.

Macroeconomist, Henrik Zeberg, warns there is a blow-off top coming, which will unfold over mid-summer. This will be followed by a deflationary bust, taking everything down.  Then, we’re going to see devastating stagflation.

The question being asked on the LSE Asylum, as well as Twitter, was: who was the big buyer of Supply@ME Capital’s (SYME) worthless shares, at the close of business on Friday?  On 22 April, at around 16.50 pm, there were, according to LSE Asylum’s share trade indicator, three 90 million buys, at £71,410 each, and a monster 285 million buys for £228,000, at 16.35 million.  In total, these buys amount to over £440,000.

AIM-listed Greek Holiday resort developer Minoan (MIN) released its full-year results to October 2021 last week. It has been a terrible tip as delays and more delays beset a proposed holiday resort at Cavo Sidero in Crete; has there finally been some concrete progress in monetising the asset?

I write this as someone who operates a small venture with ADVFN (AFN), and, at this point, nobody has bothered to tell me where I stand; so, what follows is informed speculation - I am in the dark as much as you.  Yesterday afternoon, the GM results came in.

Carclo (CAR) “is pleased to report that the business expects to report a strong performance for the year” and that “demand in the group's key markets remains strong coming into the new financial year”. So what of a current share price of 24.5p, down nearly 10%?!...

Cue a rant on teachers and other public sector workers! I then discuss ADVFN (AFN); Mkango Resources (MKA); Parsley Box (MEAL); McColls (MCLS); Sensyne (SENS); Petropavlovsk (POG); and Vast Resources (VAST). Then, I look in detail at Nightcap (NGHT) and AO World (AO.)

AIM-listed (pro tem) Catenae Innovation (CTEA) updated the market this morning over its suspension from trading due to the non-appearance of its FY account to September 2021. One month down, five to go.

Analyst and trader David Kranzler argues that the weekly economic data is indicative of the U.S. already in a recession. Eighty percent of all U.S. households have been experiencing the characteristics of a recession. Credit card usage is spiking and this is likely because people are relying on them to make ends meet. Inflation remains rampant at double digits.

Another busy Friday on the markets.  It is all good fun especially with regard to my holdings in Reckitt (RKT) and SIG (SHI) shares both of which produced positive updates.  So a quick appraisal of the good news first…and then I will move onto the continued comedy at AO World (AO.).

Dragon’s Den star, Sarah Willingham, cannot contain her excitement as she gushes about “further positive trading” in a Q3 statement, out today. She is, however, a bit shy on the record cashburn and looming cash crisis at Nightcap (NGHT), which means another bailout placing is imminent.

This morning, I had a long chat with an industry insider, concerning the latest death spiral from the fraud, Supply@ME Capital (SYME); what I relay to you is truly shocking. Anyone holding these shares is bonkers.

I have already flagged how Canadian Overseas Petroleum (COPL) and Pure Gold (PUR) misled investors, by hiding auditors' warnings. Now, Mkango Resources (MKA) has joined the deceiving club. The FCA, as regulator of the Standard List, must act. I have penned the letter below to Mark Steward at the FCA, and the bogus Sheriff of AIM, Marcus Stuttard.

Cybersecurity group Shearwater (SWG) has emphasised a “set of market-beating numbers… we remain excited for what the future holds”. What of a share price response up to 140p?

Gold miner in the Philippines, Metals Exploration (MTL) has announced an update on the first quarter of the year and that it is “well set to continue to deliver our planned strategy for the coming year”.