Results: ASLR

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EPIC ASLR
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Asimilar – when is a profit not a profit? This is a nest of snakes waiting to bite you

I have covered in some depth the numerous smoke and mirrors deals at Asimilar (ASLR) and it is an accident waiting to happen as its results today demonstrate very clearly. The company boasts net assets at the September 30th year end of £41.74 million. At 27.5p the market cap is £33.5 million. Put simply the market does not believe the net asset number. It could easily halve or, far, worse.

EPIC ASLR
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The trials of John Story – is he the forced seller at Asimilar?

The shock suspension of All Active Asset (AAA), the plaything of foul-mouthed troll and penny share huckster Chris Akers, was especially painful for one shareholder – the proven liar John Story as he faced big margin calls in the fraud Zoetic (ZOE). How to meet those margin calls? Well I have established that he is on a lock-in at Cellular Goods (CBX) with his 15 million shares. Has he stuck to that lock-in? Enquiries continue. If he has sold even one share then he needs to issue a TR1 as he is on 3% and that would be a bit embarrassing given the lock-in.

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