The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares
Published 3 September 2020, 09:18
Limitless Earth Plc (LME) has published its annual report for the year ended 31 January 2020 which was approved on 30 July 2020. Readers might recall that in my previous article I called out a number of issues with respect to the accounts as prepared by Nilesh Jagatia, a man who is, without doubt, the worst FD on the AIM Casino. And the competition for that title is truly intense.
Published 21 February 2017, 10:06
I wrote earlier today that Flip Flop Ben Turney who now finds himself running failed ex AIM investment vehicle Teathers really MUST go to the Old Bill demanding a full investigation into the ATM withdrawals by ex FD Nilesh Jagatia. A reader points out that Flip Flop has another civic duty to perform on this matter, he must go to the taxman. Ever keen to help...
Published 30 December 2021, 10:34
Inspirit (INSP) snuck out its piss poor results on 29 December at 5.30 pm and today sees its shares down around 14%. You don’t need to be Mystic fecking Meg to know what comes next but a detailed interrogation of those results throws up some ginormous new red flags.
Published 18 June 2016, 01:36
Are you a pissed off shareholder in Teathers Financial (TEA), Inspirit (INSP), Octagonal (OCT) or any other company associated with Justin and Jason Drummond or Nilesh Jagatia? If so you are going to get even more pissed off as I have obtained and publish below a lawyers letter which exposes wholesale fraud and deception at their last outfit Media Corp (MDC). It is shocking.
Published 24 May 2016, 07:30
I have obtained emails that show clearly how the board of Teather's Financial (TEA) have tried to bully dissident shareholders into not ousting the directors who are culpable as it gets slung off the AIM. The bullying has not worked. The board will be sacked.
Published 31 May 2017, 01:15
A crowdfunding appeal has been launched to take Jason Drummond & Nilesh Jagatia of Teathers (TEA) infamy to the High Court over a previous debacle Purple Lounge & AIM listed (now bust) Media Corp. It is claimed that investors were misled and also that client funds at Purple Lounge went missing. The allegations, and at this stage they are allegations, are very serious indeed.
Published 29 May 2024, 08:21
Yesterday morning came the pump of a spooftastic RNS. By 3.51 PM there was the dump. Say what you like about John Gunn and I think his sanctioning by the SEC says it all, but he is quick off the blocks.Published 8 October 2024, 10:45
You really could not make this sort of stuff up but I guess John Gunn, a man censured by the SEC for playing an illegitimate trade – probably could. After twelve years claiming that it was going to revolutionise the world of boilers, Inspirit (INSP) is becoming a cash shell and giving up the pretense that it had a real business. But the RNS deceives…Published 1 April 2025, 12:00
The smallest company by market capitalisation on AIM at the end of February 2025 was Inspirit (INSP) capitalised at a mere £0.2 million.Published 28 December 2020, 08:03
The pressure must surely be mounting on Roland “Fatty” Cornish as he tucks into his fourth helping of spotted dick with extra lashings of custard this Sunday lunchtime. The shambles at AIM-listed Octagonal (OCT) where he presides as (London’s worst) Nomad is a shocker, as detailed by Tom Winnifrith HERE. But fellow AIM-listed Inspirit Energy (INSP) – same Nomad, same finance director, same head honcho in the form of John Gunn – is surely at risk of suspension this coming week, and it released diabolical FY results to June at 11.22 am on Christmas Eve.
Published 29 December 2020, 15:06
At 1.25pm AIM-listed POS Inspirit Energy (INSP) issued a statement relating to fellow AIM-listed Octagonal, where its CEO and Chairman John Gunn, and Finance Director Nilesh Jagatia also reside in the same roles, whose subsidiary, Global Investment Strategy is Inspirit’s sole broker – the very same subsidiary which has been charged by the SEC – alongside John Gunn, for aiding and abetting – with violating US broker-dealer registration provisions of the Securities Exchange Act 1934. Given that Jagatia and Gunn make up two thirds of the board of Inspirit, there clearly is a problem here!
Published 11 November 2016, 06:02
Oh dear. Oh dear. It looks as if the cash position at John Gunn's boiler room Inspirit Energy (INSP) is getting so very tight indeed. With the shares slipping to just 0.24p to sell and there being no sign of jam tomorrow being turned into anything resembling an order, we have just been passed judgement in a court case which closed this week.
Published 26 August 2020, 14:49
AIM-listed boiler-room Inspirit Energy (INSP) has been a long-term non-performer on the Casino ever since the reversal of its technology (having failed as a private company) was reversed into Kleenair Systems in 2013. Almost anyone who has had the misfortune of investing here will be nursing very heavy losses, and the company seems to have little or nothing to show for the last 7 years as an AIM Casino chip. But now the company is under attack from 6.5% holder Chris Heminway, who launched a scathing attack late on Monday via the RNS system.
Published 21 August 2016, 10:53
We know from an Inspirit Energy Holdings (INSP) announcement on 17 May 2016 that Octagonal (OCT) remains a major shareholder in Inspirit and that John Gunn is a director of both Inspirit and also Octagonal. This really is a cosy old relationship between the two AIM POS companies.
Published 20 August 2016, 03:36
Now that Teathers (TEA) disgraced Nilesh Jagatia has finally published accounts for another AIM POS, we can have a look at how Octagonal (OCT) has valued its investments. We start by looking at City Golf Clubs Limited.
Published 18 July 2016, 12:26
Earlier today I flagged up that John Gunn run POS enterprise Octagonal (OCT) had, in April, promised results in June but had not only not published its numbers (never a good sign) but had also parted company with its auditor last month but not told anyone about it. In direct response to MY ARTICLE HERE, Octagonal fished its corpulent and useless Nomad Roland "Fatty" Cornish out of his four course luncheon to issue a statement. It is another comedy classic from Fatty. Boy he does know how to tell em.
Published 14 May 2019, 15:44
This gets worse and worse for Chris Rynning, the former boss of ShareProphets AIM-China Filthy Forty play Origo Partners (OPP). Having discussed how a billion Kroner disappeared to tax-havens under this self-styled China expert, today E24 looks at the company credit card. If you thought Nilesh Jagatia of Teathers (TEA), Insprit (INSP) and Octagonal (OCT) was, ahem, generous (to himself), this appears to take the biscuit.
Published 18 April 2022, 11:54
I haven’t commented on AIM-listed Inspirit Energy Holdings (INSP) for some time – not since June 2021 although Tom Winnifrith stuck his boot in over Christmas 2021, identifying a stack of ginormous new Red Flags. But the recent Interims (to 31 December 2021) and yet another breach of the law by the company (presumably at the behest of AIM’s worst FD, Mr Nilesh Jagatia, whose past sins appear to include charging his shopping at Sainsbury’s on a company credit card) drew my attention.
Published 18 June 2016, 03:30
The earlier piece on the Drummonds, Nilesh Jagatia and the Media Corp scandal needs to be read in full. What horrifies me is that it shows that AIM Regulation knew everything in July 2014 but failed to act. The Bogus Sheriff of AIM, Marcus Stuttard, should either resign on Monday morning or find out who failed to protect investors, sack him and agree to compensate anyone who has lost money in Teathers Financial (TEA) and possibly Inspirit (INSP) as well. I warn you that I use bad language in this bonus podcast as I am furious with the Oxymorons at AIM Regulation over this appalling failure.
Published 3 January 2024, 09:07
AIM-listed POS Inspirit Energy Holdings (INSP) announced intra-day yesterday (at 2.39pm, whilst Nomad Roland “Fatty” Cornish was delving into his fourth extra portion of spotted dick with lashings of custard) that it had repaid a debt facility. Good news…..for the lender, Riverfort. The announcement was a tad opaque – being inquisitive, I had to take a look but the more I looked, the more questions I had, including another screw-up by FD Nilesh Jagatia.
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