Last week I reported that twitter had suspended the account of @ariadnebankrupt which is run by a whistleblower and has exposed all sort of damaging material on Julie "lingerie on expenses" Meyer's crumbling empire. In the face of a blizzard of letters from Meyer's latest lawyer, Julian Pike of Farrer & Co, the account was silenced. Bad news Julie..it is back

The suspension of shares in Folli Follie on Friday because, after three weeks, it was unable to verify its claimed cash balances is surely the beginning of the end. The Greek Press is today reporting that criminal charges for the bubbles in charge are on the way - see HERE. I like to think I played a small part in its downfall and really enjoyed my doorstepping last week. But the architect of this exposure is my pal Gabriel Grego of QCM although it is only a matter of time before Dan "snot gobbler" McCrum at the FT takes full credit. Gabriel has now commented on the latest news. It is a considered piece. He writes:

In today's bearcast I start by putting our own in house Bulletin Board loon Wildes in his place over what I write. If you donlt like the Folli Follie and Julie Meyer material ( it will be sub 2.5% of our output this year) feel free to piss off mate. Then I look at the latest bust up at WPP (WPP) which should just come clean over why Sir Martin Sorrell walked the plank. Finally I take apart the latest comments made by the whore blogger Malcolm Graham Wood on POS AIM ramp Frontera Resources (FRR). Wildes is not the only one NOT to have sponsored myself and Brokerman Dan for our 30 mile Woodlarks walk. If you enjoy bearcast I am sure you can spare a tenner so donate HERE  - to those who have donated I say thank you.

I had to laugh last night when I saw PrimaryBid’s pre-Bank Holiday offer to the likes of you and me -  Mereo Biopharma (MPH) - as although there’s some stiff competition, I think this must the worst  deal offered up to-date and, in fact, worse than the other offer of a lifetime that I’m currently working out how to avoid, namely dinner at the in-laws during the Champions League final!

Previously writing on Defenx (DFX) early last month I concluded ‘Current CEO Alessandro Poerio did only join in November – good luck, but I suggest there not a bargepole long enough for this stock currently. Thanks to bringing it to the market to Strand Hanson, WH Ireland and Newgate (PR)!’. Now a “Resignation of Director” announcement…

In early February 2018 PR guru Henry Gewanter was still spinning for Julie "lingerie on expenses" Meyer MBE, having been hired on 23 January, telling journalists that she was misunderstood and the victim of malicious gossip. Henry learned the ghastly truth in due course and is now suing her for his outstanding fees. But did Ms Meyer ever have any intention of paying? Winnileaks has new documents, marked strictly private and confidential, which we have published in full and passed to Gewanter to assist him in his battle for justice.

From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2017 and thus far in 2018 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...

Hello Share Cavaliers. There’ll be more than a few readers whose hearts sink whenever they see something about the Beaufort affair on this glittering website. But my purpose today is to try to add a little cheer if I can. So I’ve been looking at a few of the more positive points in this scary affair. Well, perhaps ‘positive’ is a wrong word in this context. So let’s say ‘less scary’ instead.

I am waiting for Fat Bastard, the whore blogger Malcolm Graham Wood to earn his pay cheque by saying what great news Frontera Resources (FRR) has served up today. Of course it has not. This is more meaningless gibberish designed to pump the stock ahead of a bailout placing. But I have to take issue with the City's No 1 oil analyst Zac "the knife" Phillips of SP Angel. He is right to be mega bearish but wrong about the company. He opines:

Having collapsed by another 25% yesterday to just 4.8 Euro shares in Folli Follie were suspended on the Athens stock exchange first thing today prompting a bearcast ouzo. Initially the company told the Greek media that it was because of all we nasty bears spreading false rumours and creating a disorderly market. Then at 11.30 GMT the awful truth came out.

Hooray. After this week's doorstepping and podcast special and the work back in Bristol this is a great day. I suspect it is game over and discuss the probable demise of Folli Follie. Never buy a stock on a PE of 1. Elsewhere I look at rumours concerning Nomad Northland, at Echo Energy (ECHO), the fraud MySquar (MYSQ), my letter to Julie Meyer HERE, Sound Energy (SOU), Westminster Group (WSG) - with its revolting chairman ex Tory MP Tony Baldry - and Frontera (FRR) and its latest pre placing ramp. Now come on chaps, if you enjoy bearcast - and I know 1000 of you do every day - please donate £10 NOW to the Woodlarks charity walk - HERE

The first thing to note is that the NAV of Paternoster Resources (PRS) was 0.172p per share and that was 94% in cash and listed investments. One of the larger stakes was in I3 Energy (I3E), shares in which have rocketed in recent weeks - almost certainly unjustifiably but that is life. With overheads slashed by the new regime, the NAV could well be heading towards 0.2p per share. The shares are 0.08p-0.1p which makes them a cracking buy ahead of the next NAV statement.

A reader says that if I invite Julie Meyer MBE to join myself and Brokerman Dan Levi on our sponsored 30 mile walk for Woodlarks on July 28 he will donate £400, if she turns up he will donate an additional £600. Why not? I am sure that Brokerman Dan would be happy to share some of his past experiences with her and that might prep Ms Meyer for her life going forward. The letter is below. Now how about you all donate a tenner each HERE.

Digital retail technology and enterprise software group Sanderson (SND) has announced results for its half year ended 31^st March 2018 “slightly ahead of management's expectations” and “the board has a good level of confidence that Sanderson will make significant further progress during the current financial year”…

It is now almost two weeks since the regulators at the Maltese FSA (MSFA) suspended the license of Julie Meyer to conduct financial activities including fund management. The word on the street is that the license will be cancelled altogether soon. But it seems that back in London the dozy fuckers round at the FCA still have not caught up and indeed are now derelict in their duty to protect consumers.

First a quick shout out to subscriber SoupChicken for their gracious comments on Tate & Lyle (TATE) earlier in the comment section of another story. Latest numbers from the sugars and ingredients company crystalised(!) many of the hopes I put out in my February update, which you can read HERE. As I noted back then '...for punters the 550s is one level to write down' and boy did that work from the sentiment lows in late March with the shares now breaking 650p. So that's great...but what now I hear you ask?

ScotttheScott was almost there but not quite. Yesterday I asked you to suggest which of the four figures below was the odd one out: former Tory leader Iain Duncan Smith, devout Christian Julie Meyer MBE, divine actress Jennifer Aniston and shamed ex Sefton Boss JimmlyLiar Ellerton. I am shocked that Henry Gewanter who, heroically, ensured that MPs expenses were leaked and who used to act for Praise The Lord failed to get the right answer. That answer is:

Hello Share Shufflers. Oh dear! I’m afraid I have to go, once again, against Uncle Tom and Chris Bailey. I’m suggesting you take a gander at another house builder. But Countryside Properties (CSP) is no ordinary home erector. It has a business plan which is truly in accord with government plans to stick new and affordable homes in urban settings.

Forgive the late bearcast. Blame it on Greek Hovel business. In today's podcast I look at Folli Follie, shares in which are slumping again as I warned you the other day HERE - tomorrow might be D (for Death) Day. I then take up Andrew Monk on AIQ (AIQ), Petra Diamonds (PDL) and the idea of consolidating brokers and Nomads via M&A. It makes no sense Andrew. Then I look at the GoTech (GOT) shambles - its now a dope play but frankly you must be a dope to own this stock. Then I cover Optibiotix (OPTI) again with a point folks like Cynical Bear have missed. Finally its i3 Energy (I3E). Thanks to those who have sponsored me as I suffer the dual agonies of walking 30 miles and having to listen to Brokerman Dan drone on all day, but 99% of bearcast listeners have not yet donated a tenner. Please do so HERE

Last week Starcom (STAR) was “pleased to announce the launch of the latest iteration of its awarding winning intelligent padlock, the Watchlock Cube… the company has high expectations for the Cube due to its electronic shell being able to fit a variety of C10 padlocks from various manufacturers, its lower price and a far more durable battery life”. And now… “Placing” (surprise, surprise!)…