UK 15:21 Monday, 26 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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.
As I have noted before Phorm is now weeks (3 weeks I make it) from going tits up having sent $340 million of OTHER PEOPLE’s MONEY to money heaven and blown £10 million since March alone. As it tries to raise fresh equity it is still lying to investors about what went wrong in Brazil and Romania and City firms Mirabaud and Strand Hanson are complicit in this. Yes I used the word lying. Will Phorm please sue me I want to see you in court? You are liars. Liars. Pants on fire. Geddit? And Mirabaud, long term broker to Phorm you appear not to give a flying fuck about integrity as long as you get your commission. How do you sleep at night you greedy and unpleasant dirtbags? Any PLC retaining Mirabaud as its broker or Nomad should be aware that it is in bed with a disease ridden hooker.
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