Tom Winnifrith has already commented on the appalling mess at AIM-listed New World Oil and Gas. I shall not repeat any of that, but there is one angle to this which is worth mentioning, and it regards the looming deadline as regards the suspension of the company’s shares from trading. Under AIM Rule 41 you get six months and then you are booted off the Casino. Except when you don’t…..

Oh dear. Oh dear. The problem with frauds, as with socialists, is that - to quote our greatest ever Prime Minister, the blessed Margaret, eventually they run out of other people's money. And that brings us to Worthington (WRN) which faces a winding up petition in the High Court a week today. Beer & popcorn time!

You know that I always like to keep close tabs on how my good pal Jim Mellon is doing with those businesses he asset stripped from Rivington Street, the firm I set up. History might have been different had RSH accepted large cash offers for them but Jim wanted them for himself. So lets go to what was t1ps.com the owner of a range of websites and the increasingly badly attended and irrelevant Master Investor Show. Its accounts for calendar 2014 were approved on April 24 2015. Its calendar 2015 accounts were due by September 30th but....

This needs to be the day when London's worst Nomad Roland "Fatty" Cornish is drummed out of the City of London for good. This will shock you. New World Oil & Gas (NEW) has abandoned the RTO with Big Sofa but has not said specifically why. So let me assist.

Hello Share Troopers. United Utilities Group (UU.) is Britain’s biggest water supplier. But the shares have fared worse than most this month. And while many Footsie giants have recovered after the Brexit vote, this stock which rose sharply after the vote is now dragging its feet. Yet there is no important reason to single it out as a loser, in my humble opinion.

My last comment on Wishbone Gold (WSBN) was not exactly positive. The company's shares had raced ahead, in part methinks, down to comments made by me saying I'd not be selling until the shares were closer to 2p than 1p. It then raised £600,000 at just 0.75p with broker Beaufort Securites trousering not just commission but warrants. I write a fairly vicious piece HERE. But we did not sell and at 1p are still holding and hoping for better. I swapped emails with chairman Richard Poulden last week.

Firstly I want you all to go at least £10 more into debt or I am going on strike - see HERE. Secondly I give data on Government, Corporate and individual debt. This should be the stuff of nightmares and must end in disaster. And I do mean disaster.

Many AIM companies look vastly overvalued and are largely reliant on sentiment revolving around the future development of assets in the ground to support their market cap.

Following the example set by Paul Warwick the chairman of worthless penny stock Andalas (ADL) in starting a blog, Sir Ben Dover of AIM listed Global Mining Endeavours has decided to follow suit and like Paul promises to be candid in his approach. Blog number eighteen....

After hours announcements are poor form and in that regard we are not wowed by San Leon (SLE) sneaking this out at close to 6 PM earlier this week. On the other hand an adverse Polish court ruling was a) well flagged and b) just not material. San Leon states:

Yesterday saw a shocking litany of scandal regarding Iraeli tech play TrendIT (TRIT) of the LSE’s Standard List on the main market. We saw how it managed to gain admission claiming to be raising £4m which didn’t arrive, how its accounts suggest that it was not solvent either before or after the IPO, lost its Broker (Peterhouse) which is yet to be replaced, confusion over which firm was acting for it in its IPO and admission placing, a boardroom merry-go-round, a going concern warning from its auditor and suspension from trading “pending an announcement” we’ve all been awaiting for almost three months  – and it only listed in January! Today we bring you, courtesy of the Global Shorting Conspiracy, a translation of an article published by Israeli newspaper Calcalist.

I have had rather a soft spot for the management of Xcite Energy (XEL) ever since it responded to a rise in its share price by effectively warning over exuberant retail punters that its shares were close to worthless.

Back on 25 August this year ShareProphets AIM-China Filthy Forty play Taihua (TAIH) issued a comedy RNS announcing an Open Offer which was to be used in part for working capital and in part to fund a share buy-back. The working capital we can all understand, given the audit qualifications in its FY15 results and the content of its recent interims. But what about the share buy-back?

Tom accuses me all the time of being a hipster. But I think it's actually projection: Tom is the real hipster. 

The chart below is fascinating and not just for bearded craft beer loving hispters such as pizza Hardman Darren Atwater. It tells you everything you need to know about capitalism as we come to the end of the bull market era of funny money. You can read across from this to so many other parts of the economy.

BBC presenter Sophie Raworth, picked up £10,000 for hosting the 2016 AIM Awards. Heck since this whole £750,000 event is ultimately funded by investors in AIM Casino stocks I am sure you won't begrudge her trousering some of YOUR cash. Anyhow here are the winners from the lavish 2016 ceremony:

If you thought that AIM was badly regulated then the Standard List seems to be making great strides to demonstrate how much worse it could all get. We already have Cynical Bear’s Sub-Standard Shockers XI but in the form of Trendit (TRIT) an extraordinary set of events suggests a real scandal is brewing. Will anyone step up to the plate and take action?

Okay this weekend's guess the chart contest is really simple. The deadline to enter is midnight Sunday and simply post your suggestions in the comments section below. The hint is that this AIM listed company has engaged in multiple frauds. Hmmmmm AIM listed frauds, still a long shortlist but as a second clue, this one is not bust yet!

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares at the end of this week (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last time...

Lord Peter Hain appears to be content to keep on taking the money from fraud African Potash (AFPO) overlooking the fact that it is a FRAUD. We would expect nothing else from the loathsome sleazebag. And your entries to our two most recent Peter Hain caption contests make it clear that you also view this dirtbag with undisguised contempt. And so to the winning entries. We start with Lord Peter Hain, the wolf and the sheep.