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Results: VDTK

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Verditek Swedish SPOOF – Next up bailout placing

Every year since its IPO Verditek (VDTK) has announced a big new contract win, spiking its shares, and allowing to get a bailout placing away to keep the Fat Lady at bay for another year. Then it admits that the contract has come to nowt. With its cash set to run out by June it has today announced a new contract. Is this the boy crying wolf yet again? Or is there a real wolf this time.

Verditek breaks AIM Rules yet again but will the bogus Sheriff of AIM, Marcus Stuttard, EVER sanction a company run by a Tory Toff?

If a company is sitting on price sensitive information as an AIM listed Company then the rules of the sewer regulated by Mr Marcus Stuttard and the Oxymorons at AIM Regulation, notably rules 10 & 11, dictate that, the company must disclose it at once via RNS. But when your company is chaired by a Tory Toff like Lord David Willetts I guess that rules just do not apply. Rules are for little people.

Verditek – the fraud will be bust by June.

It was only just over two years ago that shares in the fraud Verditek (VDTK) reached 18p at peak Mike Walters ramp. But, like so many stocks promoted by old mother Walters, Verditek was a fraud and now the shares are just 0.6p. This website has exposed the way Verditek has made announcements about big new contracts on a serial basis since 2017, ramped the shares, got a placing away only to ‘fess that the contract was bogus. The problem with frauds, as Mrs Thatcher might have said, is that eventually they run out of other people’s money. That point will arrive within months.

BREAKING: Verditek – that old bogus contract win and share placement pump and dump AGAIN, time to kick this fraud run by a Tory Toff off AIM

At what point is AIM Regulation going to say that enough is enough and kick Verditek (VDTK) into touch for what appears like serial securities fraud? Or do the Oxymorons at AIM Regulation consider that announcing contracts every single year since the 2017 IPO, contracts which eventually come to nowt but allow a share price pump and bailout placing, to be acceptable? Today we have another case study of the Verditek contract fraud.

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