A surprise announcement from AIM-listed Management Resource Solutions (MRS) at 9.49am detailing board and management changes. At that time of day it hardly looks routine and it wasn’t.

I previously noted on publishing group Quarto (QRT) the shares slumping as “attractive” price takeover discussions, which had saved from self-admitted “below expectations” first half of 2017 results, were terminated. Having only slightly recovered, there’s now a “Director/PDMR Shareholding” announcement…

Gold guru Byron King notes recent US domestic news surrounding the media and those trying to control the narrative. The media’s recent interest in Confederate statues and how this is an ongoing massive political battle and distraction being waged between the deep state and those trying to be free of big government. King argues that if Donald Trump can’t push through tax cuts and infrastructure improvements, then everything that was supporting the rising stock market will begin to crumble. Capital will flow into the under appreciated precious metals sector if there is any loss of confidence in the larger financial markets.

Shares in parcels, mail and logistics group DX (DX.) have returned from suspension of trading today – and are currently more than 10% lower at 8.5p…

.Bushveld Minerals (BMN) shareholders, aka the dumbest fucks on AIM, are still largely in denial about the fact that a major placing is imminent. This is because they do not understand the difference between profit and cashflow or indeed much else about basic accounts. I will try again. Owning 27% of a company with modest EBITDA (bullshit earnings) is not the same as having a source of cashflow. In fact I bet you an ounce of Vanadium that Vametco will not generate a free cent for Bushveld this year or next.

Do you think Yosi got the machine below from Telit's (TCM) Vietnamese distributor of Internet products? In light of today's article on the former FD of the AIM fraud du jour, now its CEO, perhaps you can supply a suitable caption in the comments section below - deadline midnight Monday 21st. If you want more photos of burly men in leather check out Yosi's facebook page.

Passive investment is always at its most seductive and most popular at the top of the market and usually after a long bull run.

There were some good nominations this week, but our winner is a new face. I'll let FormationOfDamnation explain his nominee, TaffEvans on the CHAL board on the LSE Asylum He notes:  The gold medal has to go to TaffEvans though, for this intraday Damascene conversion on Tuesday...

Bluebird Merchant Ventures (BMV) has announced that work is now underway to open up three entrances to the mine at Gubong in South Korea. The target entrances were found using Ground Penetrating Radar, chatting to the locals and from historical information on what was once the country's second biggest gold mine.

Yesterday there were more revelations about Telit (TCM) which, as I noted, made the position of former FD now CEO Yosi Fait all the more tricky. Now I want to revisit three days in June and three in July - events then make Yosi's position utterly untenable and explain why he must be fired at once. He is guilty of either extreme and sackable levels of incompetence and of lying to shareholders and insider dealing or of just insider dealing. It is one or the other - there is no third way. So there is no way out for Telit, Yosi must be sacked at once.

Hello, Share Trundlers. Once again, I take the liberty of bringing before you a share you may not have come across before. Though Marshalls (MSLH) is a Footsie 250 stock, so it does have its fans. And those fans have been making good money recently.

As seen here, Telit's (TCM) distributers are a, um, diverse lot, including a distributer in Vietnam that appears to be a scooter courier firm. Which is nice, and thank you for sponsoring this week's Bulletin Board Moron search.

The bit about naked women explains itself but is of course a cue to link to the photo articles on Quindell's & Cloudtag's daftest shareholders, semi naked sisters Kate & Hayley. China and the UK property crash elaborates on the points I made in the property crash bearcast HERE. And then we turn to the question of can you find a thousand bagger, the new ASOS (ASC) . I ask this because of Malcolm's words on IQE (IQE) HERE and because I am just about to make a large new investment - could it be the next ASOS? It won't be but I explain why that does not mean I am not excited.

Thursday night’s Coldplay concert in Chicago was VR live streamed across the globe.  But guess which heavily ramped warrant exercise vehicle played no role in the event?  If you guessed EVR Holdings (ticker EVRH) then go straight to the top of the class, it’s VR subsidiary, MelodyVR, was nowhere to be seen! 

Today's Sunday Times carries new shocking revelations about the shocking lack of corporate governance at AIM fraud du jour Telit (TCM) - surely now the former FD, now CEO Yosi Fait must follow his predecessor the Boston fraudster Oozi Cats/Uzi Katz and be resigned at once

Shares in Falanx (FLX) have slipped and slipped most of the summer. The reality is - as we noted with Optibiotix (OPTI) the other day  - that sensible folks are sitting on beaches and this means that there is a bit of an absence of buyers. Well let us clarify there is certainly an absence of buyers for small cap stocks where there has been no news and Falanx fits that bill.

It seems that some regulators have more teeth than others. The PCAOB – a US regulator – has revoked the registration of Hong Kong audit firm Crowe Horwath HK and censured it for refusing to cooperate with an investigation of the firm’s audits of a China-based issuer. Crowe Horwath is part of the same network of audit firms that contains our very own Crowe Clark Whitehill, which audited a large number of AIM-China Filthy Forty companies before they disappeared into the ether (see HERE).

It is August and Marcus Stuttard, the head of AIM, sees his portfolio of AIM stocks selected for him get to within 40 days of a full year. Out of the seven three have been booted off the market, one is suspended (no accounts) and the other was booted off AIM but got listed on the NEX lobster pot until it was suspended on that market as well. But Mr Stuttard is completely happy with the regulatory environment of the world’s most successful growth market.

Ali Zamani argues that gold has been in a bull market since the end of last year. The start of bull markets often go unnoticed; it’s a grind. However, we are making higher highs and higher lows. He looks at the most successful macro investors and many have come out recently with breakout calls. The ground is fertile, the charts look good, and the base is in, gold will rise quicker than most people think. Indeed he explains why gold will hit new record highs ssoner than most folks think.

I had to laugh this week when I witnessed the marketing genius of one of the key investments of YOLO Leisure and Technology (YOLO) which came straight out of the CloudTag playbook and would be well known to most readers here. How could it possibly go wrong?