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Zak Mir’s Lift Global Ventures chucks £750,000 down a related party, technically insolvent, black hole

Oh dear, oh dear, the Sith Lord Zak Mir’s Lift Global Ventures (LFT) becomes more of a joke every day. Its first investment, when it was a media consolidation play, was Zak’s own company brown envelopes company Miriad, a deal which broke all sorts of rules and stank. Now there is another related party deal, as Lift goes into energy. You could not make this up.

Is Lord Lucan getting lucky or will tomorrow's blow off interview cost him a brown envelope?

In the past it did not matter that Zak Mir took brown envelopes before recording blow-off interviews with CEOs and then publishing it and bullish articles as cliaming this was journalism.  Sure it is unethical NOT to declare that you are being paid by a company to write a research report or to record an interview with it, but it is no crime. But it matters now.


Zak Mir’s Lift deal – why it so obviously stinks

It has been suggested to me that my criticism of Zak Mir’s Lift Global Ventures (LFT) is driven by jealousy in that The Sith Lord is clearly coining it in.  Au contraire. It is because everything about this stinks. And if the FCA and Aquis Regulation were not so utterly useless they would be all over this. Let me explain why.


Lift Global Ventures - did the UK’s top chartist, Zak Mir, predict this 2 week share price collapse?

Lift Global Ventures (LFT) - a cash shell that buys assets in the financial media world - was listed at 3p on 29 April, after a fund raise which brought in £1.73 million. That, we are told, was “oversubscribed”, which is obviously a testimony to the brilliance of its CEO, the Sith Lord Zak Mir. Every bandit in town is on the shareholder list, as well as upstanding blue-chip investors like David Lenigas and ex ADVFN boss, Clem “a legend in his own expenses lunchtime” Chambers.

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