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Published 10 February 2016, 07:43
Hat Tip to reader "Inspector" for this point on the car crash IPO of the year 2015 Lenigas Cuba (CUBA) and its latest (failed) attempt to ramp the share price. On 9th February, Jabba The Hutt published the following update on his company's investment in Petro Australis:
Published 28 February 2025, 09:26
The totally unexplained change of year end at David Lenigas bitcoin play Vinanz (BTC) announced after hours yesterday is yet another massive red flag as discussed in bearcast. At 17.5p a £45 million valuation is bonkers. It is not just me saying this, over to AI.Published 12 January 2016, 03:41
Fat Aussie share ramper Jabba The Hutt is still new media obsessed and is apparently starting a series on his new blog on twitter, trolls and how the media are all such bad guys while Big Dave is left to carry the sword of truth and wield the shield of justice. His first article is a classic in self delusion and well, er...lies.
Published 18 December 2015, 05:52
Now let's turn to Evocutis (EVO), another Jabba The Hutt overpromoted piece of AIM detritus and the issue of transparency. Evocutis initially had 174,675,828 shares in issue. David Lenigas and the team descended and issued 175,000,000 new shares at 0.0012p raising £210,000 (shares admitted 8 Sept 2014), doubling the shares in issue.
Published 7 December 2015, 05:21
You would have thought that Jabba The Hutt would be too busy looking after his portfolio of trainwreck companies to send out a lawyers letter. But oh no, Big Dave has been wasting someone's cash with a nasty missive from his bully boy briefs at Kerman & Co to the well regarded City firm SP Angel.
Published 28 August 2014, 09:07
Yesterday was a momentous day for AIM as we saw David Lenigas depart his role at Leni Gas and Oil (LENI). Lenigas stepped aside from his eponymous company and gave way to a new number of board members. He leaves behind his legacy if only in name and maybe salaries will rise, but should we be sad or is this a great revelation?
Published 21 April 2023, 09:33
Where there is a bandwagon to jump on, Big Dave Lenigas will jump on it. The stench is everywhere at the Aquis lobster pot as Lenigas has made a, very unwelcome, return to the UK IPO scene. As ever the stench is of greed. Vinanz (BTC) is ostensibly a sub scale bitcoin miner.Published 2 May 2023, 08:23
You would have thought that if you really wanted to buy more shares in your company you would not be ramping the arse off it to try to push the share price up? That brings us to David Lenigas and news today that he has bought 400,000 shares in his Aquis listed bitcoin promote Vinanz (BTC). This stinks and is a sell signal.Published 16 March 2016, 02:24
LGO Energy (LGO) has announced that it has raised £1.36 million in a placing at 0.25p and also that contractors have agreed to take payment of £590,000 of debts at the same price. This is a disastrous snub from the London Markets to David Lenigas as it was he who led this attempted bailout and mug punters were being promised a £5 million raise as you can see in leaked email correspondence below. Neil Ritson the hapless CEO of LGO admits that this is not enough, stating in the release:
Published 21 December 2015, 00:55
And now we turn to Danadav Investments, yet another short lived and mysterious company which actively traded shares with two David Lenigas concerns and then just expired. Who owned Danadav? Perhaps Jabba might explain what on earth went on here.
Published 23 December 2015, 02:59
In its Admission Document to ISDX, Lenigas Cuba (CUBA) states that it has acquired 40 shares in TravelWelcome Limited which represents 40% of the issued share capital of that UK incorporated entity. Being a Companies House anorak, any excuse to poke around is taken with both hands and what we find is very odd, for it appears that CUBA has been rather more active than that statement gives credit for. Here is what I found – perhaps Big Dave Lenigas would care to explain what has been going on?
Published 6 June 2014, 17:00
David Lenigas popped by earlier in the week for a chat on a number of matters. As ever the great man had a lot to say on a range of issues. But a few points stick in the mind.
Published 3 February 2016, 06:52
Yes one of the three is Brokerman Dan. Some of you may not feel the greatest of sympathy for him but when he and others ponied up a total of £4.2 million at 2p for what they were told was "seed financing" for Lenigas Cuba (CUBA) they were not told that at the same time David Lenigas and two pals were getting more than 50% of the equity in this POS at just 0.01p. That funding was the seed capital and Levi and others were fleeced.
Published 8 July 2014, 10:20
Now that small cap oil stocks are back in fashion if you are searching for a few ideas of where to put your money have a butchers at this video of FIVE CEOs from AIM enjoying a friendly banter about what is hot and what is not in the sector and what will be hot. This was recorded just three months ago at the UK INvestor Show and it is amazing how many good calls were made then The CEO stars are Matt Lofgran (Nostra Terra), David Lenigas (Leni Oil & Gas), Kevin Foo (Victoria Oil & Gas), Paul Rankine (Tomco) and Cathal Friel (Fastnet)
Published 5 December 2015, 09:41
Modesty is not normally a word one associates with Jabba The Hutt. Words like ramper, promoter, exaggerating, bullshit, overpaid, greedy are ones that spring to mind. And modesty is something that is not evident at all as Big Dave Lenigas turns his hand to blogging.
Published 25 July 2015, 04:48
Not a lot can now get me to take out time from my sabbatical. After a couple of days with my father this week I have been inspired to write the first (short) chapter of the novel which is now with my friend Gary for review. However, David “when I said 3g seismic I meant 2g” Lenigas tweeting that I am a liar and should “get a life” drives me to respond.
Published 17 October 2014, 13:03
I’d like to remind certain people who’ve attacked the mercurial David Lenigas, in recent weeks, that this is the man who a couple of months ago was being praised by the vast majority for making them collectively, hundreds of thousands, if not millions of pounds. (Where are they all now David?) Fast forward to the present day and Mr Lenigas is now being demonised on financial web sites, bulletin boards, comments sections & twitter.
Published 25 March 2016, 02:58
LeniGas Cuba (CUBA) fans will remember that they purchased a 15.8% interest in MEO Australia on 29 February as described below in its announcement. They will remember how Jabba The Hutt ramped this news via twitter to the morons who follow him and trust him with their hard earned cash. Hmmmmm.
Published 15 December 2015, 09:03
The birth of AfriAg (AFRI) saw the hand of Jabba The Hutt's old mucker Paul de Robillard present, almost right from the start. Lenigas and Mr de Robillard appear to have worked together on this AfriAG (SA/plc/UK/whatever) venture almost right from the beginning.
Published 22 April 2023, 08:36
Yesterday I pointed out the rapacious greed of David Lenigas and Richard Poulden in allotting themselves shares in Vinanz (BTC) at 0.25p two weeks before mug punters, roped in by salesmen charging 8% commission, paid 3p ahead of the Aquis IPO. Unable to deal with the awkward facts, Lenigas took to twitter yesterday to tell lies, with Poulden loyally retweeting every smear his master posted.
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