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Ashington Innovation – so who fired who?

This is like the schoolyard when you were thirteen. Did you ditch that girl or did she ditch you? Or was it a bit of both? Ashington Innovation (ASHI) – the SPAC run by wanted man Dan Ferris associate Jason Smart – says that it has fired its broker SI Capital. However, last week I reported that SI had quit. The mystery deepens.

NEWSFLOW

Ashington Innovation (#ASHI) – reckons “terminated” SI Capital as broker “following a breach of confidentiality”

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Ashington Innovations: Jason Drummond, a Police arrest and an article withdrawn

The individual who threatened me on my wedding anniversary as I discussed HERE was Jason Drummond, one of the co-founders of Ashington Innovations (ASHI) and as a result, I withdraw a recent article as Drummond insisted that the Police would take a very dim view of my journalism. Friday was not a day to give battle. Let me now add more colour to this episode including, what appears to me to be, a very misguided arrest by the Old Bill.

• By Tom Winnifrith
• 2023-09-02 15:18:58

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BREAKING: SI Capital quits as broker to Ashington over £170m con deals with struck off dentist Ajan Rejinald

Oh dear, oh dear, it gets worse and worse for Jason Smart’s Standard listed POS Ashington Innovations (ASHI). I can reveal today that SI Capital has stepped down as broker following exposes on this website such as THIS and is stating quite categorically that it wants no involvement in this mess. To quote:

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BREAKING: Ashington Innovations - the curious links to alleged and actual criminals of its founders

I have already demonstrated beyond all doubt that the two proposed purchases of Ashington Innovations (ASHI) for £170 million are both insolvent and mired in red flags linked to the struck off dentist and scammer Ajan Rejinald. But what of the two men behind Ashington, Jason Drummond and Jason Smart. Read on and weep.

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Trying to help the FCA on Ashington Innovations – but will it still waive this £170m scam through?

For me this really is an acid test of the FCA’s suitability to approve Standard List prospectuses. You may remember that it waived through that of Umuthi Healthcare (UHS) prepared by a convicted fraudster. It also waived through the bogus Supply@ME Capital prospectus which overstated net assets by 99%. And this week there was Regtech Open (RTOP) with a non IFRS compliant balance sheet so materially overstating net assets, the dirty dozen investors and more. But Ashington Innovations (ASHI) will take the biscuit if the FCA approves the RTO prospectus. Emails were exchanged yesterday.

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BREAKING: MORE SCANDAL VICAR, Ashington Innovations – this gets worse and worse

I have already clearly demonstrated that the proposed £135 million RTO of technically insolvent Cell Therapy ( aka Celixir) by Ashington Innovations (ASHI) is a complete rum and coke HERE. I have been discussing that with the FCA today. If it approves the prospectus it will be one of its biggest blunders in years. But now it gets worse.

NEWSFLOW

Ashington Innovation (#ASHI) – heads of terms agreement to acquire Calon Cardio-Technology

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Ashington Innovations – and they say Germans don’t have a sense of humour

Ashington Innovations (ASHI) shares are suspended on the Standard List pending the proposed £135 million RTO of a company that is insolvent and mired in wrong-doing. The middle name of its sole director, the struck off dentist Ajan Rejinald is “scandal”. If the FCA allows this deal masterminded by, clearly morally bankrupt, SI Capital to go through it will be a massive stain on its reputation. However…

NEWSFLOW

Ashington Innovation (#ASHI) – approval for shares to also list on Frankfurt Stock Exchange