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I have lost track of how many times I have exposed the various wrongdoings of Osamede Okhomina, the CEO of ADM Energy (ADME)  but on the Cesspit that is AIM, in the end the Sheriff usually gets his man.  The shares languished at 0.52p at the Friday close, 99.84% off their all time highs but there is good news which ADM will now have to confirm on Monday. For I can reveal:

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Fake Sheikhs (two of them), legal rows, management largesse, ADM Energy (ADME) has had the lot. While it might have provided neutral observers with a barrel of laughs, for those poor mugs who ignored the numerous warnings on this site it has been less than rewarding. Under various names ADM has destroyed 99.8% of shareholder value since it darkened London’s doors back in 2014. Of course numerous directors and crony capitalist advisors have coined it in but shareholders – apart from the first Fake Sheikh as he pumped and dumped -  have all been screwed. Today we have more bad news.

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Full-year results from perennial AIM uber dog, ADM Energy (ADME), are - needless to say - appalling. Huge losses, cash outflows, legal battles, and three bailout placings (one post-period end); but it could get worse. Ooh, yes. The account notes warn explicitly of a hot date with the Fat Lady.

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The GM to sack chairman Oliver Andrews and more importantly CEO Osamede Okhomina, a man who stands accused of alleged insider dealing, is on 17 January meaning that to cast a proxy vote to fire the bosses and instate Richard “nobody likes me and I don’t care” Jennings of Align Research you need to act before close of play tomorrow. I urge you do do just that and here is why.

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What with ADM Energy (ADME) set to run out of cash within eight weeks and with its CEO facing multiple allegations of insider dealing, you might have thought that things could not get any worse. They just did.

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In a world where anyone gave a rat’s arse about the rules, ADM Energy (ADME) CEO Osamede Okhomina would already be doing a stretch for his offer to buy shares at 7p made last August after a conference call at which all participants were told by ADM’s chairman Oliver Andrews that they were insiders. I exposed that HERE but it seems nothing is happening. But now a more serious breach appears to have taken place.

NEWSFLOW

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This is simple enough.  The CEO of ADM Energy (ADME) is a lying Osa. The Winnileaks service has been provided with a copy of an email exchange between Osamede Okhomina and Richard “nobody likes me and I don’t care” Jennings of Align Research on 25 and 27 August.

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Following our 13 December bombshell about a sack the board requisition at AIM dog ADM Energy (ADME) the company ‘fessed up the next day and admitted it had received the correct paperwork from Richard “nobody likes me and I don’t care” Jennings of Align Research. But is it still playing by the rules?

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Richard "Nobody Likes me and I don't care" Jennings of Align Research has demanded an AGM at ADM Energy (ADME) to oust the useless board and to install him instead. Jennings will work for just £1. Just two of the directors have, he claims, cost the company almost a million quid over the past two years.  The current ADM board is overpaid and has failed, we back Jennings almost 100%.  Jennings has today written an open letter making his case, which makes shocking allegations. It is below. Our only gripe with Jennings is that he seems to think that appointing Tory toff Sir Henry Bellingham of 3DM infamy as a NED helps anything. It does not. Bellend is a useless and tainted tosser who should be cold shouldered. Other than this lapse of Judgement by Jennings, we agree with all said below.