By Tom Winnifrith, The Sheriff of AIM | Friday 18 December 2015
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Now let's turn to Evocutis (EVO), another Jabba The Hutt overpromoted piece of AIM detritus and the issue of transparency. Evocutis initially had 174,675,828 shares in issue. David Lenigas and the team descended and issued 175,000,000 new shares at 0.0012p raising £210,000 (shares admitted 8 Sept 2014), doubling the shares in issue.
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