The board of Telit (TCM) the fraud whose CEO until last week was an undeclared fugitive from justice sure has some colourful chappies in senior posts. There was Uzi Katz, the Boston fraudster himself. Then we had former chairman Avigdor Kelner who has only recently emerged from a stretch in the slammer in Israel. Yesterday we met "colourful" NED Ram Zeevi as I published some US Court papers concerning him. Now meet Eran Edri.

Publishing group Quarto (QRT) last week announced self-admitted “below expectations” first half of 2017 results, including a significantly increased adjusted pre-tax loss of $8.7 million. However, the share price was saved by an also announced “attractive” price takeover approach. Now though there’s a “Termination of Discussions with Potential Bidder” announcement. Uh oh…

AIM-listed Nyota Minerals (NYO) announced a company update last night at no-one-is-watching o’clock. The good news is that we were watching, the bad news for anyone left holding the stock is that Peterhouse is planning to “unresign” itself if the company can attract a Nomad before it is kicked off AIM altogether, with a potential placing at a “substantial discount” to last night’s closing price.

On the morning of 15 August 2017 Sam Smith the curvaceous founder and CEO of Nomad FinnCap sent an email to all her crony capitalist pals across the City boasting about her new bestest friends. That was a mistake methinks. This is all a tad embarrassing as you can see below.

A 1:30pm “Notice of Results & Trading Update” announcement from Laura Ashley (ALY). With the time of it and “Notice of Results” stated first, surely just a routine announcement? Right?...

7.45am Tuesday brought news of a placing by AIM-listed Inspirit Energy Holdings (INSP) for just £300,000 at 0.12p. Even that figure had to be propped up by a £50,000 contribution from (corporate Red Flag) CEO and Chairman John Gunn. It won’t last long, even if they get it through a general meeting to allow it to happen.

Emphasising “reflects the company's leading position within the smart metering industry across both emerging markets and Europe”, CyanConnode (CYAN) has announced “a $10 million purchase order extension from its specialist in energy management systems customer for a smart metering contract in Bangladesh”. What does this though mean in context?...

I’ve been keeping my powder dry on Challenger Acquisitions (CHAL) in recent weeks despite the rampfest extraordinaire going on in all the usual places. However, the two RNS’s yesterday have got me banging at my keyboard as it highlights the shoddy behaviour going on. It’s clear who the CEO, Mark Gustafson, is really working for here, namely the death spiral funders backing this piece of crap.

Hello, Share Mixers. A whizzo strategy when trying to find a new company in which to invest is to ask if what it provides is part of a growing trend. Will it deliver the goods in a world which becomes faster and more efficient in the future? Or does the company provide goods or services which are gradually becoming less fashionable and out of date?

Previously described as an A-grade howler HERE, there is now a strange-time “Trading Update” announcement from Management Resource Solutions (MRS). Strangely timed such announcements are very seldom good news and, combined with the track record here, I’m guessing there’s only one scenario…

Anyone still holding shares in Nyota Minerals (NYO) is staring down the barrel as suspension looms at the close of trading tomorrow, in the absence of the appointment of a new Nomad and Broker.

Having reached above 12p in February before falling back, including post a trading update in June, shares in CAP-XX (CPX) have currently returned to those prior highs on the back of a “First high-volume order for Thinline” announcement. Why “high-volume” though rather than an actual number? Ramptastic?...

After months of promises and delays, Jim Mellon's FastForward Innovations (FFWD) finally provided further details of the potential merger of investee company Schoold with Lingo Media this morning. I can see why it was reticent about making the announcement as it doesn’t make pretty reading.

We have already seen that a former Telit (TCM) chairman got sent to the slammer in Israel for fraud. Yesterday it was admitted that - as we revealed a week earlier - the founder, CEO and largest shareholder Oozi cats was also a fraudster and when IPO'ing Telit a fugutive from US justice. But despite compelling evidence from us HERE the rest of the board say Telit is not a fraud. And the folks at the bicycle repair store HERE which it claims to be its Vietnamese distributor agree. So the rest of the board, all appointed by Oozi are squeaky clean right? Er...

Rail and traffic-focused technology and services company Tracsis (TRCS) has updated on a second half of its financial year ended 31st July 2017 “considerably stronger than the first half” and that “initiatives, our continued diversification, a good pipeline of M&A prospects, and anticipated industry momentum leaves the group well positioned as we enter the new financial year”. The shares have though currently responded unchanged at 440p. Hmmm…

Relief for Telit (TCM) bulls came at 4.05 PM Monday with news that Davide Serra had bought 1.6 million shares in Telit last week taking his holding from sub 3 to 4%. He only submitted his TR1 after the weekend but paying 160p-180p AFTER we exposed the, then, CEO Oozi cats as the Boston fraudster he clearly knew better than we did. But where did that name Davide Serra ring a bell?

With any AIM listed natural resources company it is always interesting to look at where the company is at this point in time when compared to the accumulated losses of the business since it started.

Having on 31st March announced “strong strategic logic for all stakeholders” and “opportunity to deliver significant value” DX Group (DX.) reverse takeover discussions for John Menzies' Distribution division – and on 5th June “agreed revised terms”, there are now “Termination of Discussions” announcements…

Andalas Energy (ADL) and its loathsome boss Dave "the rule breaker" Whitby represent all is worst about the AIM Casino. The company is worthless and its sole achievement has been an industrial scale transfer of wealth from the many to the few. Even by its own tawdry standards yesterday was a low point and it is a matter that I shall now be asking the authoriies to investigate as, blatant, market abuse. But first we must rewind to August 8.

Hello, Share Takers. I’m not a great fan of Greggs (GRG) the baker. I rather disapprove of the sugary confections you see in its shop windows. This may be because of my dodgy teeth. But they do a very wholesome seeded loaf which is a mainstay of this family’s kitchen.