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.

Servision - grotesquely misleading investors in summer 2015 to get placings away

By Tom Winnifrith, The Sheriff of AIM

26 January 2016 02:02

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Yesterday I demonstrated that AIM casino posterboy Servision (SEV) was both almost insolvent and in need of a placing ASAP HERE and b) was happy to mislead investors to ramp its worthless shares ahead of a placing HERE. Right now it is ramping as it needs a placing pronto to avoid going tits up. Now I take you back to 2015 to show how it misled the market in a shocking manner to get a bailout placing away.

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Comments

bob brush

26 January 2016, 04:34

Lol, the morons in the BB are all saying that this drop in revenues are a good thing, that you are wrong and will be sued, that you tiping against is a buy signal etc. etc.

Its quite remarkable how in every single BB the reaction to your articles is the same. its the same things said by different people, none of them actually ever address what you have said, the clear fact that the RNS was deliberately misleading is a plain fact not interpretation.

There is this sort of collective self delusion in the moron community that is quite fascinating to watch from a distance. they don’t learn from their mistakes, they don’t ever critically analyse what is going on. its really quite remarkable. there is no need for the company to defend itself, the very people it is ripping off do it for them! its like mugging victims being a voracious defence witness at the muggers trial.

You take their money and they defend you for it, every time. it never stops working. quite extraordinary. they are as a group, incapable of learning.

Is ripping of BBMs the perfect money making scheme? perhaps that’s why its so common and successful. I think I might start a shite AIM company at this rate. its just such easy money. (lol no I joke, I like to actually earn my money)