Hat Tip to a sharp City broker for spotting this howler from the thick journos round at Dow Jones as they reported yesterday's Hurricane Energy (HUR) £70 million oversubscribed placing. Well done to Hurricane, not well done to the thick hacks who will be wearing the Dunce hats for some time...

How will the 1% preserve the wealth they have extracted from the rest of us, the 99%. That is the question that the world's best know resource investor, Sprott, posed this week. Over to the experts.

Octagonal (OCT) published a trading update yesterday which contained some strong numbers from its wholly owned subsidiary Global Investment Strategy UK Limited as follows:

Well you can’t say you weren’t warned by Tom Winnifrith that shareholders in AIM-listed DiamondCorp plc (DCP) were either about to get screwed or simply lose everything. To its credit, the company had been pretty explicit that it needed a minimum of £500,000 in the kitty and pronto or it would be lights out. With one potential deal scuppered when the potential saviour walked, it looked grim. But yesterday afternoon the company announced that it had secured £700,000 in a Sharia-compliant funding facility with shareholder Rasmala plc. As to the terms, well given the parlous position of the company it is hardly a surprise to find that there are several pounds of flesh involved.

Hello Share Shufflers. I don’t much like the name of the firm Computacenter (CCC). This is because of a prejudice I have against titles based on misspellings and particularly companies which use ‘center' instead of ‘centre.’ But that is just little old pedantic me.

On today's podcast I look in detail at Porta (PTCM) and other people businesses. Porta employs top PR person foxy Bex but even so its shares are a stonking sell. I then look at frauds Highlands Natural Resources (HNR) and Servision (SEV) and then onto the biggest short on AIM, Telit Communications (TCM)

Cyber security and risk mitigation group NCC (NCC) has updated on four month to 30th September organic revenue growth of 21% in an announcement that also includes that “rate of growth in profitability will now be more biased towards the second half of the year than initially expected, but remains in line with the board's expectations”. Hmmm...

I appreciate that Tom wrote last week about the expensive loan from Bracknor (HERE) ; however, I wanted to point out a few other aspects of the financing transaction, particularly after the laughably naïve RNS’s that came out this morning. The FCA need to take a closer look.

Continuing our wanderings through the accounts of those who promote and look after companies listed on the Casino, we turn here to the FY (to Mar 16) accounts of Northland Capital Partners – Nomad to such fine enterprises such as AIM-listed Edenville Energy (EDL) and the now executed Eastbridge Investments (EBIV), Broker to AIM-listed Octagonal (OCT) and introducers of  Vast Resources (VAST) to the fine fellows at Bracknor. A truly magnificent contribution to life on the Casino I’m sure we all agree.

Remember when the fraudster Rob Terry told his deluded followers that shares in Daniel Stewart (DAN) were worth 10p each. In those days they were listed on AIM but Terry reckoned that they could be worth even more when delisted. Hmmmm. Now slung off AIM things seem to be going from bad to worse.

For reasons that seem entirely related to illiquidity on AIM and nothing to do with fundamentals, shares in Reach4Entertainment (R4E) have ratted back to 1.25-1.4p. It is crackers.

Shares in Kefi Minerals (KEFI) may have fallen after the latest operational update to just 0.36p but house broker Ambrian reckons that a 6 month delay to first output and an increased upfront capex spend makes no difference to NPV. Really? Is it sure. Ambrian reckons the shares are still worth 1.5p. For what it is worth we are not selling ours and here is the note:

Shares in specialist engineering group Hayward Tyler (HAYT) currently trade more than 10% lower, heading towards 80p, despite a trading update announcement including “management is positive in the group's ability to meet full year market expectations”. Hmmm…

I trust that you have written to the wretched bogus Sheriff of AIM, the head of the Oxymorons at AIM Regulation, Mr Marcus Stuttard demanding that Roland Fatty Cornish be struck off as a Nomad after the New World bank heist scandal? If not write now! In light of that please submit suitable captions for the picture below in the comments section. The deadline is midnight on Thursday

Under its old management led by John Wisbey, Lombard Risk Management (LRM) used to make profits and pay dividends. How fucking old hat and boring is that? Think like a millennial and get the cashburning vibe, that is the way forward and who better to do that than a man fired by Oracle (yet who boasts about his Oracle career ) & who was at the helm of a spectacular dotcom disaster, Phil "Interx" Crawford. Interims today score straight 10s for bullshit headline blather. But look at the hidden cashburn, extrapolate and panic.

Since its loan note fundraising at 0.15p Vela (VELA) has been busy. Firstly it has invested £200,000 in THEVIBE. It trades as Vibe tickets and allows fans to buy and sell tickets for events at face value. It cuts out scalps and so is a good business and has been endorsed by Which. Whether it makes any money for investors is yet to be proved.

Oil still has a long way to go before it is at a healthy level for many oil companies, but the recent rise back above $50 a barrel certainly seems to be creating some interest in the sector, at least for the time being.

At UK Investor Show there were five 'Dragon's Den' sessions where five CEOs each gave a five minute pitch and three Dragons each picked one stock in which FIML invested £1,000 via our most excellent broker J Herbert Esq at European Wealth. And so £15,000 was invested, how has it fared?

Hello share screamers. I've had mixed encounters with brokers this week. It looks as though TD Waterhouse is handing the reins to Interactive Investor. Not sure I'm happy about that. Then I bought some stock in my ordinary trading account instead of my ISA. It took TD a heck of a long time to sort that out and a helpful chap called Cal worked efficiently and tirelessly on my behalf. Thanks Cal.

Prompted by yesterday's bearcast, the conmen at Highlands Natural Resources (HNR) have released an update on the Laramie wells claiming success. But if you read closely...