MINDING THE LSE’S BUSINESS

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Articles by: TOM WINNIFRITH, THE SHERIFF OF AIM

EPIC ETX
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BREAKING: Another £70m AIM disaster as ETX announces plans to delist as it completes £28.9 million fund raise

AIM can brush off shitty little companies with no cash delisting as being a merely cyclical episode of bear market blues. However, following news that £70 million RedX Pharma (REDX) was to delist and go private there is another bombshell today. ETX Therapeutics (ETX) has announced that it is raising £28.9 million at 15p, a premium of 2.5p to last night’s close but that is conditional on it delisting too.
  • By Tom Winnifrith, the Sheriff of AIM
  • 2024-04-10 10:29:58
EPIC CTL
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Cleantech Lithium – Roland “Fatty” Cornish actively signs off on deception as CEO hides dumping of his entire stake

London’s worst Nomad, Roland “Fatty” Cornish signed off on an RNS yesterday from Cleantech Lithium (CTL) with the headline “director’s share dealings.” That sounded innocuous and most folks, myself included, will have ignored it as a nothingburger. That is what Fatty wanted. In reality the news was a bombshell and so the market was deceived by “fatty.” This is serious. In terms Fatty will understand, It is like ordering spotted dick with lashings of custard at the end of an eight course luncheon and being served Eton mess but told it really is spotted dick.
  • By Tom Winnifrith, the Sheriff of AIM
  • 2024-04-10 09:37:05
EPIC TERN
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Tern – Wyld T04 warrant fund raising & a looming margin call

Tern (TERN) shares have risen strongly in recent days following an investor presentation and and a, paid for, report prepared by Progressive which highlighted the potential jam tomorrow of its 4 largest holdings being Device Authority, Talking Medicines, Fundamental VR and Wyld Networks.  Konetiko of course having being placed into administration.

  • By Tom Winnifrith, the Sheriff of AIM
  • 2024-04-09 07:22:46
EPIC OBC
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Clem Chambers trough-fest Online Blockchain Annual Report finally surfaces and it’s a hoot

Thrown off the AIM sewer on January 5 2024 after its Nomad, London’s worst, Roland “fatty” Cornish quit, Online Blockchain (OBC) has finally, yesterday, filed its annual report for the year to June 30th 2023. You really could not make it up. Awarding himself a 25% pay rise, boss Clem Chambers is a laugh a minute. He starts off with Fatty’s Resignation. Natch it was not Clem’s fault.
  • By Tom Winnifrith, the Sheriff of AIM
  • 2024-04-09 07:09:05
EPIC RRR
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Letter to Roland “Fatty” Cornish: how can you allow this social media outrage and AIM Rule Breaking at Red Rock?

Companies on the AIM sewer are meant to disclose price sensitive information via an RNS verified by a Nomad as being true. It is for that reason that they cannot make wild claims not verified by a Nomad via social media. Yet Red Rock Resources (RRR), where I am a shareholder, and its paid consultant Mr. David Lenigas did just that yesterday as  flagged up HERE. I have written to London’s worst Nomad, Roland “fatty” Cornish to ask if he has verified these tweets or he considers AIM Rules do not apply to his clients.
  • By Tom Winnifrith, the Sheriff of AIM
  • 2024-04-03 07:02:37
EPIC UKOG
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UK Oil & Gas annual report – the warning is explicit!

Perma dog UK Oil & Gas (UKOG) starts its annual report thus: "UK Oil & Gas Plc aims to build a sustainable oil and gas production base that can help deliver its new UK hydrogen storage business as part of the UK's transition to Net Zero and which will act as a springboard to further worldwide growth opportunities in the hydrogen space." I aim to shag Cheryl Cole in an environmentally friendly way. Like UK, my aim has been constant for 11 years. My delivery to date, pitiful. Today’s annual report is dire.
  • By Tom Winnifrith, the Sheriff of AIM
  • 2024-04-02 13:05:39
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