Notes from Underground – Most read articles for the week ending 22 April

The most-read non-Tom non-Quiz article this week is The View From The Montana Log-Cabin As Gold Drops Below $2,000 by Nigel Somerville at No 2 or No 4 including Bearcasts.

The most read ShareProphets stories this week were:

1. Confronted with evidence of his greed, David Lenigas and his bromance partner Richard Poulden take to twitter with a lying smear
   Yesterday I pointed out the rapacious greed of David Lenigas and Richard Poulden in allotting themselves shares in Vinanz (BTC) at 0.25p two weeks before mug punters, roped in by salesmen charging 8% commission, paid 3p ahead of the Aquis IPO. Unable to deal with the awkward facts, Lenigas took to twitter yesterday to tell lies, with Poulden loyally retweeting every smear his master posted.
   
   
2. The View From The Montana Log-Cabin As Gold Drops Below $2,000
   Gold closed the week at $1984 – down from last week’s $2,004 and back below the psychologically important magic line of $2,000. So is it topping out? I doubt it.
   
   
3. System1 Group – ‘welcomes the strong support for the board's position received from other shareholders’. Er, there wasn’t though! 
   Having been flustered by requisitioning former directors and Maynard Paton, the board of System1 Group (SYS1) reckons to “welcome the strong support for the board's position received... from other shareholders”. Really?
   
   
4. BREAKING: Deepverge & the curse of Gerry Brandon who should be in jail– up to 50% of promised 2022 sales were fiction
   Surely now there must be a full regulatory investigation into Gerry “the arse” Brandon, former boss of Deepverge (DVRG) and still the BSD at AIM sewer posterboy Microsaic (MSYS). Deepverge has admitted that the revenue guidance given on 9 January was pure fiction. The clear implication is that interim numbers were also fiction and given that Gerry raised £10 million in a placing on the back of those bogus interims surely he should be going to jail. Here is the timeline of what looks to be clear fraud and a tweet from Brandon which is a real source of pride. For me.
   
   
5. Don't Heed Only British Woes when Deciding Where to Put your Loot, Study the World.
   Hello Share Carriers. Britain isn't the only country that struggles with rising food prices. Or inflation. Or transport problems. Or labour shortages. Though some regions are thriving. Like India whose people are becoming richer, admittedly from a very low bar. But as investors in (mostly) the stock of British companies, should we care about how the rest of the world fares? Yes, we should and here’s why.
   
   
6. BREAKING WINNILEAKS EXPOSE: Julie Meyer: does the liquidator of Drive know about your invoices to a Greek Bank account?
   Drive Software was once described by Julie “Lingerie on Expenses” Meyer MBA as “Tesla meets Fitbit.” In fact, it Turned out to be The Space X Starship meets Enron and, after numerous exposes on this website, it finally went bust with a liquidator appointed on 27 January 2023 with Companies House noting this on 16 February 2023.
   
   
7. Tharisa – Q2 weather impact means still a cash generative value Buy
   Platinum group metals and chrome co-producer from South Africa, Tharisa (THS) has announced second quarter of its year production has been impacted by adverse weather but that it still generated healthy free cash flow.
   
   
8. Kape - small shareholders screwed by current rules
   A shareholder in Kape Technologies (KAPE), currently the subject of a takeover, reckons that current rules can see small shareholders screwed in such situations and should be changed. He has written to me. I agree and so here is what he says. I shall be passing this article to TPTB asking that it be considered.
   
   
9. Letter to AIM Regulation Regarding Deepverge’s latest deceit of investors
   Deepverge (DVRG) published a trading update on 17 April in which it admitted that more than half of the calendar 2022 sales boasted of in its previous update were, in fact, fiction. That might be praised as an honest ‘fess up. But following an update from Microsaic (MSYS) on 18 April, it is clear that Deepverge deceived investors. I have written to the Oxymorons.
   
   
10. Vinanz IPO - the stench of the unacceptable greed of David Lenigas, Richard Poulden and their gimp crony capitalists
    Where there is a bandwagon to jump on, Big Dave Lenigas will jump on it. The stench is everywhere at the Aquis lobster pot as Lenigas has made a, very unwelcome, return to the UK IPO scene. As ever the stench is of greed. Vinanz (BTC) is ostensibly a sub scale bitcoin miner.
    

The most-listened to Bearcasts this week were:

1. Tom Winnifrith Bearcast: who should go to prison and which Nomad ( a man) should be booted off AIM?
   In today's Bearcast, I discuss Deepverge (DVRG), Microsaic (MSYS), SUPP ( WPCT as was), Wood Group (WG.), Wildcat Petroleum (WCAT), Kefi Gold & Copper (KEFI) and Bluebird Merchant Ventures (BMV).
   
   
2. Tom Winnifrith Bonus Bearcast: Insider dealing at Bluebird Merchant, IMHO no question mark
   I start with a lesson on the scale and nature of a civil war for parody poster Magna Carta, ref Kefi Gold & Copper (KEFI). Then a chat with Lucian on whether to short gold and the second banking crisis he predicts. Thirdly I discuss a big share trade in Bluebird Merchant Ventures (BMV) last week. I have spoken to the company and would bet the ranch, for reasons I explain, that it WAS insider dealing. I do know who the seller was. Finally, Microsaic (MSYS): will Turner Pope and Singer be found morally wanting? So far it is a YES!
   
   
3. Tom Winnifrith Bearcast: Drowning in white collar crime
   If any investor in both Eden Pharma and also one or both of One True View or Appbox Media is listening please get in touch. Then I move onto the appalling new scandal at Deepverge (DVRG) and also at Microsaic (MSYS), then the insider dealing at Bluebird Merchant Ventures (BMV). Then Amala Foods (DISH) and the chancers at Caracal Gold (GCAT), Andrew Monk's pals. Finally Tern (TERN) is starting to unravel ahead of a bailout placing which is needed ASAP.
   
   
4. Tom Winnifrith Bearcast: is the buy to let bonanza going to cause a house price crash?
   As you know I read the Mail on Sunday so that you don't have to. Today it has an interesting, if predictably inaccurate and vile, article on buy to let and problems it faces. This I discuss.
   
   
5. Tom Winnifrith Bearcast - spending the morning with the Old Bill
   I start with that morning with the Fuzz regarding Operation Cassady which was fascinating. Then it is onto Wandisco (WAND), bitcoin, Argo Blockchain (ARB), Online Blockchain (OBC), Deliveroo (ROO) and Manolete Partners (MANO).

6. Tom Winnifrith Bearcast: ouzo tonight as Deepverge forced to fess up, next up Tern: about that placing?
   In today's podcast I look at Deepverge (DVRG), another triumph, Amigo (AMGO), Cineworld (CINE), the spoof at Genflow Biosciences (GENF), Wildcat Petroleum (WCAT) and Tern (TERN) where a statement is needed.
   
   
7. Tom Winnifrith bearcast: dog shit from my neighbours at the Welsh Hovel special
   I start with the dog shit tales. I end with reflections on this website turning 10, Pirate Pete Landau's legal threats after 1 week and where he is now and more. In between I look at Ben's Creek (BEN), the job of a CEO as a promoter, Zephyr Energy (ZPHR), UK Oil & Gas (UKOG) and the fraud Supply@ME Capital (SYME).