Inspirit Bailout Placing - tell me there was no market abuse here: look at the chart

Published 3 May 2017, 08:32

Look at the daily chart below. Tell me there was no insider dealing or market abuse going on here. It is that of Inspirit Energy (INSP). And then at 2.10 PM we finally had two announcements.

Norwegian E24 goes after Chris Rynning (formerly of F40 Origo) - part 2: the company credit card

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.

AIM jam tomorrow dog Inspirit Energy Holdings – kicking the can down the road for over 10 years or is it 17?

Published 14 August 2023, 08:48

In today’s operational update, Inspirit (INSP) as it has done since its IPO on 26 July 2013, kicked the can down the road, announcing more delays

Inspirit – More Piles Of Confetti, Massive Discount And A Rule Breach

Published 14 November 2023, 09:00

AIM-listed waste of space Inspirit Energy Holdings (INSP) announced the issue of two billion bits of confetti this morning – to raise just £200,000. This, of course, will only keep the lights on for a short period – and then there will be more confetti. The discount was a whopping 33%: for such a small issue, that shows what a POS the market thinks Inspirit is.

BREAKING: Teathers waters down its attempt to blackmail its own shareholders, lies from Olly Fattal exposed: sack the board

Published 25 May 2016, 03:03

Yesterday I exclusively revealed HERE that Teathers Financial (TEA) had told rebel shareholders that if they did not withdraw an EGM request to sack the board, a mystery £1 million investor would walk. Teathers boss Oliver Fattal gave the rebs until 3 PM to pull the request. They declined. Today Teathers has changed its tune. That on its own tells you the board are worse than poltroons and should be fired. I now publish Olly's email.

Inspirit – Waste Heat Recovery System Update = When’s The Placing?

Published 14 September 2022, 13:59

AIM-listed POS Inspirit Energy (INSP) has updated the market on its waste heat recovery system, telling of great things from trials in Poland and plenty of jam tomorrow. It reads so beautifully: shareholders must be thrilled at being updated. So what’s the catch?

BREAKING: The Night of the Living Dead – Media Corp is back and heading to Aquis

Published 15 August 2022, 15:06

Look what is crawling out of the grave, maggots emerging from every pus-filled orifice, the smell of death everywhere…it is Media Corp (MDC). It is back

Expose: How Jason Drummond & Teathers blew £10,500 of shareholders cash on a "shooting day" at "Downton Abbey"

Published 4 October 2016, 05:09

Pretty soon we will hear the full awful details of the realisable assets at Teathers Financial (TEA) and I fear that we must brace ourselves that it will not be good. The word on the street is that the number could be as low as £100,000. So where did all the money go? This will horrify you.

Notes from Underground: The Fighting' ShareProphets

Published 26 February 2017, 03:49

In the past seven days, 61,990 unique readers read 87,097 pages on ShareProphets. The circulation of the Investors Chronicle is c30,000. Shares is less than half of that. To our critics who think we do not count, we say think again.

Notes from Underground: Help stamp out disco in our lifetime

Published 4 June 2017, 06:13

The first non-Tom article is #1, The explicit signs that a stockmarket crash is on its way... soon, by David Scott. This bodes well - the snakes and frigana may actually be drawing Tom's attention away from the market and back to his sabbatical.TW note you missed out this article which was actually the most read, modesty prevents me from saying who penned it. More Labour vote rigging!

Octagonal plc – shares jump on Lenigas & co dealmaking

Published 12 June 2015, 05:10

Shares in “AIM traded investing company focused on opportunities within the financial services' sector”, Octagonal plc (OCT) currently trade more than 40% higher today, at 0.26p, on the back of an announcement that “it has entered into conditional agreements to acquire the issued share capital of Global Investment Strategy UK Ltd that it does not currently own”. So, what’s the excitement about? …

Christmas Eve BOMBSHELL: Octagonal is toast as SEC looking to bust company and boss John Gunn, FCA assisting

Published 25 December 2020, 00:54

At 8 AM on Christmas Eve, shares in Octagonal (OCT) were suspended on the AIM Casino. At 1.04 PM, with the market closed and everybody switching off their screens, came the bombshell. Assisted by the FCA, the SEC has charged Octagonal’s main subsidiary, Global Investment Strategy UK Ltd. (GIS), for clearing and settling billions of dollars of U.S. securities transactions without registering as a broker-dealer in violation of the federal securities laws. The SEC also charged John William Gunn, its founder and principal, with aiding and abetting those violations. Kerboom. You cannot say that I have not warned you for years that Gunn – who also runs uber dog Inspirit (INSP) – was a prize rotter.

Notes from Underground: Show Me the Money!

Published 19 June 2016, 04:57

Two hard days in the pizza business gave me a roaring headache on Friday, so I crossed Clerkenwell Road to the Sainsbury's for some pain reliever.

Tom Winnifrith Bearcast: Why Julie Meyer was the odd one out & the mystery of Toople and what it did not say

Published 11 April 2019, 16:13

I start by talking you through yesterday's Odd One Out contest explaining the schoolboy error made by Nigel Somerville and others. I look at the Autolus news in relation to Woodford Patient Capital Trust (WPCT) where as a loyal shareholder I shall be attending the May 15 AGM in Oxford with a few questions for Neil "nomates" Woodford. I flag up a shocking little episode at Clear Leisure (CLP) which should make you worry about Octagonal (OCT) and Inspirit (INSP) given that their FD is disgraced Niliesh Jagatia  then discuss Management Resource Solutions (MRS) and finally, in detail, Toople (TOOP). Tomorrow I really will read out a Woodlarks heros roll call. Please join that list ahead of then HERE 

Inspirit Energy – Let's solve a problem (that does not exist)

Published 27 August 2020, 09:34

I note the comments from my colleagues on this site – Nigel Somerville most recently yesterday and Tom Winnifrith in bearcast yesterday on Inspirit Energy (INSP). I concur with the general thrust of the views expressed – crap management and sod all progress over many years. I also note the rebel shareholder and his background. I wish him well. But I suspect the whole idea is bonkers based on technicalities and politics…

Tom Winnifrith Bearcast: Nilesh Jagathia is not only a thief but a limpet too

Published 26 August 2020, 17:45

My main podcast today was a history lesson for the loathsome BBC HERE. In terms of bearcast, I am not so inspired today. I promise I shall be more on fire tomorrow but do comment on why Harry Adams of Kefi Gold & Copper (KEFI) is share dealing like a dervish. I also look at the rebel at Inspirit (INSP) and explain why I think he is doomed to fail and why anyone buying the shares needs their head examined.

Does anyone have a Scooby as to why Inspirit is sharply higher?

Published 16 April 2019, 14:20

I have to admit it: I haven’t a clue why shares in AIM-listed Inspirit Energy (INSP) are hugely up today. The shares opened at 0.0225p and motored as high as 0.055p. They currently sit at 0.045p, up 100% on the day. But there has been no news and I am not aware of any imminent news. So why is the stock up so strongly?

Boxhill Technologies – Do birds of a feather stick together?

Published 20 June 2016, 01:15

Following on from Tom’s explosive piece over the weekend referencing this letter relating to the Mediacorp / Purple Lounge debacle and the dodgy characters involved, I couldn’t help but pick up on the Boxhill Technologies (BOX) connection as I continue to be amazed that Lord Razzall hangs out with some of these characters.

News from the Boiler Room – Inspirit releases interims: how long ‘til lights out, and whose cash is it anyway?

Published 31 March 2020, 12:06

AIM-listed serial dog Inspirit Energy (INSP) released its interims yesterday at 2.33pm and it is same old, same old: the bills keep on coming in but where's the progress on its boiler? And when will the cash run out? – and why was its broker - a subsidiary of housemate Octagonal plc - holding such a proportion of its cash?...

Octagonal – why are there so many different audit firms involved?

Published 29 March 2020, 13:42

For a small company, Octagonal (OCT) seems to get through more auditors at a rapid pace with no less than 3 different firms of auditors for the listed entity in the last five years and two changes of auditors for each of the principal subsidiaries.