Ever since promising a terminally ill colleague, who lost far more than I did on Tim Baldwin’s formerly AIM listed train wreck TXO, that I would do all that I could to prevent Tim ripping off more ordinary investors. I do not really care about so called sophisticated investors and High Net Worth Individuals as they should know better and can afford to lose a few £10ks anyway, unlike ordinary investors who have to rely on what they are told by supposedly FCA authorised firms and individuals. Anyhow what is Tim up to now? Be warned!

I have already covered the admissions (HERE) and lies (HERE) flagged up in today's notice of a GM published by Advanced Oncotherapy (AVO). The great news is that the GM is on March 31 in London, a day when I shall be in the Capital. As the proud owner of 1 share bought earlier this week I shall be there for a bunfight. Just 32p for so much fun - bargain! Get your beer & popcorn ready. Why not come along to join me in giving the board hell over all the lies and other matters? There is free beer on me at Wedge Issue afterwards. But there is a far more serious problem for the shysters.

Investment Company Vela (VELA) has this week announced the sale of some of its shares in TSX.V listed BTL Group generating proceeds of C$277,910 for the Company (equivalent to approximately £169,530 at the prevailing exchange rates). To date Vela has invested a total of approximately £214,300 in BTL.

How do you keep an idiot in suspense? Over to Copperwindow, a moron on the ADVFN Worthington (WRN) thread who posts about 30 times a day how he is going to be rich and how Aidan Earley is going to crush me in Court. Yesterday, among his posts he stated: 

Digital music and radio services group, 7digital (7DIG) has announced results for the 2016 calendar year, including that this “was a year of good progress… as we delivered on our commitment to reach operating profit by the year end” and that it “is ideally positioned to capitalise on the continued growth of streaming in 2017 and beyond”. So why are the shares currently approaching 7% lower, at 6.75p?...

In today's bearcast I look in detail at Highlands Natural Resources (HNR) a true POS. I cover Angus Energy (ANGS), Saffron Energy (SRON) and Advanced Oncotherapy (AVO). 

Writing in January on fluid power products supplier Flowtech (FLO) with the shares just below 130p, I noted that there looked potentially interesting value, but also “c.£13 million” of net debt and a downward forecast trend which deterred. The company has now announced a “successful fundraise of £10 million at 120p per share”…

Heading to zero, serial liar Advanced Oncotherapy (AVO) has today called a GM to approve the issue of a blizzard of shares to obliterate its share price via death spiral. More on that later but the documentation throws up another issue other than the lies refered to earlier HERE, why will Advanced NOT come clean on short selling by death spiral provider Bracknor.

Having (quite correctly) been an out-and-out bear of AIM-listed and overindebted Igas Energy (IGAS) ever since we exposed the dealings of former trougher-in-chief Andrew “Piggy” Austin (before he was shown to the edge of the plank) the potential demise of the company has been on the radar. Here are ShareProphets we have flagged up the eventual destination of massive dilution for shareholders or just a round of toast and the company duly served up proposals for a refinancing at 4.5p. I’m still not completely convinced the board will pull off this deal but despite the dilution the terms proposed look to be a remarkable achievement by the new board – IF it can get it over the line.

Advanced Oncotherapy (AVO) has today called its GM to approve the issuance of more shares to feed the Bracknor Death Spiral - more on that later for the document is, like the company, a joke. But first lets go to a big fat monstrous lie it told last year to help get that bailout placing away in September.

Hello Share Trenders. I’m about 10% in cash at the mo. It’s out of the ordinary for me to have so much money not in shares, but even raving optimists have to take a bit of notice of the gloomsters who heavily outnumber me - many of which write on this glittering website. However, I have spent some of my cash reserve recently on shares in three companies in the house building game. You’ve probably read me being boringly bullish about this sector over the last year.

Shares in Portmeirion, Spode, Royal Worcester, Wax Lyrical and Pimpernel homewares group Portmeirion (PMP) are currently slightly lower despite it “delighted to be reporting an eighth consecutive year of record revenue”, this up by £8 million (11.7%) to £76.7 million…

Business recovery and property services group, Begbies Traynor (BEG) has updated on its third quarter (to end January), including that “we are encouraged to see some (insolvency) market stability”.

In February 2017, AIM lost six companies and gained six companies including 1 readmission leaving membership static at 973 companies. To see a month go by without a net loss of companies on "The world's most successful growth market" will be seen as a triumph and the champagne corks will be popping in Paternoster Square.

Oh ye of little faith! Ye who panicked that Optibiotix (OPTI) has not publicly announced that the big name party in the last deal was Tata. Fear not it will and there will be exciting news on that soon. Ye who thought there were no more deals. You were wrong and that is why we have been urging you to buy the shares at up to 80p again and again. The shares are now 71p-74p.

Having been above 50p, shares in cross-border financial services provider STM Group (STM) are currently down to around 35p on the back of the Budget including, what the company describes as, “significant charges and tax implications for some individuals considering taking out a ‘Qualifying Recognised Overseas Pension Scheme’ transfer from a UK pension scheme”…

On the agenda today, I start with a twitter spat with Hugo Rifkind a man who is where he is today thanks to who is Daddy is not his innate lack of talent and who is tweeting nonsense about a matter he has no experience of. After that thrill there is news on UK Investor Show, nappy changing, the ethical dimension in investing in pharma companies, Advanced Oncotherapy (AVO), W Resources (WRES),Domino's Pizza (DOM) and a discussion about residential property and non resident speculators.

Just to please our own in house pet Bulletin Board Moron Wildes who is a big holder, I am delighted to publish a note from broker VSA out today initiating its coverage of LGO Energy (LGO) at 2.45p with a 22p price target. I kid you not. VSA is house broker so chuck in a pinch/bucket load of salt but 22p? I used to know a bloke called Edward Vaughan who was a bit bonkers. I do not think that it is the same Edward Vaughan who penned this note but whatever... in its full 16 page glory

Eden Research (EDEN) yesterday released an odd RNS. Not so unusual was a statement of total voting rights. But it also contained a statement of outstanding warrants and options. Was the company trying to bury something whilst the city was watching yesterday’s Budget statement? At the centre of this lies Oxford Capital Limited, which was dissolved and struck off on 31 January of this year.

A brief line in an announcement by Crown Ocean has caught my eye in the latest twist in the battle to remove the useless board of AIM-listed Bowleven (BLVN). The board’s supposedly flagship farm-out transaction, with which CEO Kevin Hart expressed pleasure, seems to me have placed a maximum valuation of around $25 million on the company’s $100 million spent on Bomono. But I wonder whether major institution Artemis has sold out of the 14 million shares the market was told it held on Monday. If so, where is the TR-1, and did Artemis vote the shares against the board ahead of selling them to Crown Ocean?