From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

BREAKING: TruSpine – Mortgages Itself, But What Is The Security As Things Go From Bad To Worse

By Nigel Somerville | Monday 1 May 2023


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.


Oh dear, oh dear, oh dear. If you thought things were bad at Aquis-lobster-potted TruSpine (TSP) they seem to have got a whole lot worse. Quite apart from the sack-the-board EGM Requisition, it now appears that the company has mortgaged itself up to the hilt – including its intellectual property…….but I might have bad news on that front. Oh, and it is Ouzo time once again as the company finally admitted that its would-be funder announced back in January with £200,000 available immediately isn’t funding it after all. Again. There's a surprise......not!
Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

ANP

Anpario – a recovery Buy?...

Thursday »

Cat_Fixing_Lightbulb

Bearcast issue update: all should be well

 

ORCP

Oracle Power: Cynical Foul

Time left: 05:35:13