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Published 7 September 2016, 03:09
As yet African Potash (AFPO) has not started the process of suing me for libel for pointing out that it committed securities fraud, something it effectively conceded it had done in its fascist lawyers letter/suicide note of last week. One of the joys of the UK libel system is disclosure. That is a process where I can ask the other side to produce certain documents which are relevant to the case. And African Potash knows that disclosure will sink it for good. So let's bring it on and I shall be starting with seeking details of payments made by Potash to Beryl Holdings.
Published 5 September 2016, 04:19
I read with alarm the deluge of shocking revelations regarding AIM-listed African Potash (AFPO) from the Sheriff of AIM, Tom Winnifrith. The most recent – and possibly most surreal – development was the lawyers’ letter from the twice-bitten-but-still-not-shy Memery Crystal on behalf of its client, Potash. Tom Winnifrith has already suggested that the letter makes a number of stunning admissions, but in my view the implications of the African Potash affair for Nomad Cantor Fitzgerald Europe need to be addressed urgently.
Published 11 September 2014, 08:08
‘We have taken the risk off the table,’ asserts an enthusiastic Ed Marlow, chief executive officer of AIM-listed African Potash (AFPO), in the wake of encouraging early results from the first drill hole sunk by the company at its Lac Dinga potash project in the Republic of Congo’s Kouilou region. Exploration drill hole LDDH 001 has intercepted a 120 metre-thick salt sequence some 415 metres below surface, which includes a ‘critical’ 40 metres of multiple potash seams.
Published 12 September 2016, 06:32
You will remember that the fraudsters at African Potash (AFPO) sent me a fascist letter on Thursday 1st September stating that if by 4 PM on Friday 2nd September I had not agreed to pull all my articles on Potash, promise not to write again and to pay over a large cheque, Potash would "have no choice" but to take legal action. Natch I told the bitchez I'd see them in Court. So what has happened now?
Published 29 August 2016, 07:33
I have already requested that the FCA and AIM Regulation investigate the deliberate way that investors were misled by African Potash PLC (AFPO) ahead of the January 12 2016 bailout placing with an RNS on December 1 2015 as you can see here. Now evidence is emerging of an even bigger deception in an RNS on January 6 2016 just six days before a bailout placing. I have thus written to both the FCA and AIM Regulation asking both to widen their investigation into both Potash and also Nomad Cantor Fitzgerald and its lead QE, Mr Stewart Dickson. This is a clear case of Securities fraud.
Published 24 August 2016, 02:44
Yesterday's expose here of AIM listed African Potash (AFPO) demonstrated quite explicitly and without doubt that the company was guilty of fraud - that is to say raising money, with the assistance of Nomad and broker Cantor Fitzgerald - having materially misled investors. I have today passed on the supporting documentation to three different regulators asking all three to open investigations into African Potash. My open letter explaining why follows.
Published 5 September 2016, 03:07
Oh dear. It seems that we have a slam-dunk breach of AIM Rules in the form of extremely honest Chris Cleverly’s AIM-listed African Potash AIM and its dealings with its Nomad Cantor Fitzgerald. It is Cantor and its lead QE Stewart Dickson who are in the spotlight today as we have at least 1 clear rule breach under its watch to report. We will start with a minor transgression and work upwards. Perhaps while Marcus Stuttard’s oxymorons at AIM Regulation consider the serious content of Tom Winnifrith’s recent missive (HERE) they might turn their attention to the quality of Nomad oversight demonstrated in what follows.
Published 30 August 2016, 01:39
In two days time African Potash (AFPO) must repay its finance director's wife $1.1 million as it is obliged to clear the most expensive loan in AIM history. It has no cash so prepare for mega dilution as the loan will be repaid in shares at 0.29p per share, or lower. Against that background I have, this weekend, shown that on both January 6 2016 and December 1 2015 it lied to investors ahead of its last bailout placing, it engaged in fraud. The man charged with holding CEO lyin' Chris Cleverley to account on this is perma-tango tanned Labour Lord, Peter Hain. I have written to his Lordship today.
Published 22 December 2015, 06:08
AIM-quoted African Potash (AFPO) has paid some £70,000 for a 4.74% stake in fellow AIM counter and specialist investment group Blenheim Natural Resources (BNR) as part of its declared policy of participating as fully as it can in what chairman Chris Cleverly argues remains one of the fastest growing sectors in the world. African Potash, which combines a role in sourcing and supplying potash, a key source for fertiliser, with the 1.7 billion-tonne Lac Dinga potash mining project in the West African Republic of Congo, is contributing to a £640,000 placing at a lowly 0.8p by Blenheim, whose backers include veteran resources investor Bruce Rowan and seasoned plantations player and director Konrad Legg.
Published 14 January 2014, 10:26
Today I caught up with African Potash's (AFPO) CEO Ed Marlow. Clearly African Potash has been pegged on the watch list of retail investors over the past few months and was one of my tips of the year (see HERE).
Published 30 November 2016, 02:38
Yesterday I pointed out that the FRAUD African Potash (AFPO) had applied to join the ISDX lobster pot as of December 8, the day its shares will be suspended on the AIM Casino if no Nomad is prepared to act for it, Cantor Fitzgerald having tired of signing off on its lies. I also pointed out that lyin' Chris Cleverley had failed to tell his shareholders. Today Potash fessed up..but it gets worse.
Published 18 July 2017, 02:49
When African Potash (AFPO) goes bust and its boss lyin' Chris Cleverley has to look for another job he should have a crack at comedy. His release at no-one is watching O'Clock yesterday was pure genius.
Published 13 January 2015, 03:09
‘The vultures are circling,’ declares Ed Marlow, chief executive officer of African Potash (AFPO), as he weighs alternative strategies for exploiting the AIM-quoted company’s promising Lac Dinga potash project in the Republic of Congo without giving too much away. He says he expects ‘something will happen in the next month.’
Published 22 April 2017, 02:24
This really should have been an ouzo o'clock moment as lying Chris Cleverley, Lord Hain of sleaze and the gang round at the African Potash (AFPO) fraud saw their shares suspended on the NEX lobster pot. But I was a good diabetic and had a Greek salad, medication and water instead. But I am off sick leave this morning because dissecting such unmitigated horseshit brings joy to my heart and is good for the blood pressure and the soul. This is comedy central from lyin' Chris who is still to follow through on his promise to sue me for libel. I can't think why. The Potash statement is in bold, the lie detection service is not. Brace yourself, this is funny.
Published 22 April 2016, 02:33
I do not use the world liar lightly but today's statement from African Potash (AFPO) shows that the company are lying bastards and anyone holding the shares is quite simply delusional. How has the Nomad signed off on blatant lies? Why has it not quit? Is it acceptable to tell outright lies on AIM these days?
Published 30 August 2016, 04:49
African Potash (AFPO) has not put out an RNS but it has reassured Bulletin Board Morons that it is is preparing legal action against me. Great news. I cannot wait to see the bitchez in court. The disclosure process will be a hoot. I really look forward to seeing that Letter of Credit from the January 6 RNS because it DOES NOT EXIST. Disclosure here will destroy Potash so bring it on Bitchez;. The statement which PR operatives St Brides has sent to morons by email reads:
Published 27 August 2016, 10:39
I have already alerted the FCA, AIM Regulation and the FRC to the growing scandal at African Potash (AFPO) with regard to the non disclosure of a £600,000 bung on December 1 2015 as part of a pre placing ramp. Now it is onto the Serious Fraud Office, SFO, to whom I have written today.
Published 21 November 2016, 02:06
Oh dear, oh dear, the problem with frauds is that eventually they run out of other people's money. And when they can't pay the bills, even morally bankrupt crony capitalist AIM advisers, decide that enough is enough and quit. And thus Cantor Fitzgerald has today said it is resigning as Nomad to the fraud African Potash (AFPO) - which is still not suing me for libel despite promising to do so on September 1st if I did not cease calling it a fraud and pay it £2,000. GOTCHA Potash: you are still a fucking FRAUD now where's that libel letter you bastards? I want to see you fraudster bitchez in Court so badly. So what's going on here. One broker summed it up brilliantly today:
Published 13 August 2014, 08:54
Ed Marlow, the former African investment chief at the HSBC banking group who now heads AIM-listed African Potash (AFPO), is waiting for first drilling results from the Guernsey-registered company’s Lac Dinga project in Republic of Congo, as he savours its success in obtaining $3.75 million (£2.2 million) funding for the project from US investment group Bergen Asset Management. Results from the first hole at Lac Dinga could come through in two weeks, he suggests, with data from the second hole hoped-for in September, ‘and then we’ll know how the nature of the deposit and how commercial it will be.’ Is this now a stock to consider?
Published 9 September 2021, 09:27
It has been widely reported that lawyer Chris Cleverly is the key London player in PAI, the company that wishes to buy West Ham and that Cleverly, cousin of Tory high flier James, is colourful. As a diehard hammer I put this article outside paywalls so that supporters of the club, the Ferdinand Brothers who back PAI and the current owners are fully aware that Chris Cleverly is more than colourful, he is a serial fraudster and habitual liar. Everything he touches may see him prosper but everyone else gets screwed. I have exposed his frauds over many years, seen off his intimidation of me as an investigative journalist and ensured that his company was booted off London’s AIM Market.
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