I start with Muddy Waters, Pete and Pantheon Resources (PANR). Then on to ouzo man and his bear calls on Boohoo.com (BOO) and AO World (AO). Finally onto the blow up of FTX and Almeda Research and what that tell us about crypto and NFT hype which is now bursting.
Hurrah! Hurrah! The core business, as opposed to the loss making sub scale asset manager Tradeflow, at the fraud Supply@ME Capital (SYME) has just completed its first ever transaction. The morons are creaming themselves arguing that it makes the shares, at 0.11p, a £47 million market cap, look cheap. Au contraire. Let me explain why and ask three questions of boss Alessandro Zamboni
Today Alessandro Zamboni the boss of the fraud Supply@ME Capital (SYME) issued an update to his update of 29 July stating:
If the bird on the right, and I assume she is a bird but who knows these days, is a fashion expert than I reckon I am qualified to translate Peer Gynt from the original Norwegian into Somali. I digress, in the comments section below feel free to supply either a caption or ,perhaps, more usefully to explain what this bollocks is all about and how any investor can make money from it. I defy even Jimbo to master that one.
I start with two examples of BlowJo's utter stupidity. Then, I touch on how Big Corporate is rallying around Halifax, and its woke hectoring of customers. After that, onto Nanosynth (NNN) - where the share price target is now a fall of 80-100% - and Valereum (VLRM): expect a share price collapse within weeks.
How to cram as many buzzwords as possible into an RNS, and thus excite moronic investors: a lesson from the fraud, Supply@ME Capital (SYME).
The quest began on Monday, hence Malcolm's absence in Sicily. He was promised an early start for Wednesday, but a day of disappointment followed. Perhaps, Thursday was more productive. His diarist explains...
I am off on my annual search for the magic money tree, which, if found, (it definitely exists) will solve all the world’s problems. Just harvest the tree, and Government debt will disappear. Then harvest it again, and the government can give more money to help deal with inflation. It is so simple. I simply cannot see why Uncle Tom, and other wicked Tories, disagree.
As you know, I believe the saintly Vin Murria, the thinking man’s Cheryl Cole, can do almost nothing wrong. However, she is being a little naughty on the matter of M&C Saatchi (SAA). Let me explain.
In today's podcast, I discuss the FTSE 100 sliding; bitcoin's crash; Coinbase; Online Blockchain (OBC); Argo Blockchain (ARB) and 3 questions Peter Wall MUST answer; Cellular Goods (CBX), where Wall today stepped down as chair (odd timing); Verditek (VDTK); the shame of Innovate UK and ex-footballer and NFT spiv, Michael Owen; Petropavlovsk (POG); and Versarien (VRS), where a cash crisis looms. Now, to brace myself: the mother-in-law will arrive at her new home in just a few hours.
This marriage of two AIM-sewer-listed companies gets dumber and dumber by the day.
I am not sure how these chancers have got hold of my email address and why they address me by my initials. I think this is spamming and the chance to invest in a crypto coin/NFT/cannabis play is something I shall pass on. But one name springs out - Gavin Sathianathan. The email is below.
I start with football and a question from last night’s West Ham game, concerning how society now views crime and criminals. Then onto the lessons from the collapse of Sensyne (SENS), the bastard child of Neil Woodford and sleazy Lord Drayson. Finally, I look at: Canadian Overseas Petroleum (COPL); Bidstack (BIDS); Angus Energy (ANGS); Sound Oil (SOU); the odd case of NFT Investments (NFT); and the Bixby/Edwards/ Frangos/Storey/Peter Wall gang.
I am afraid that I shall not be firing Darren as, this morning, our esteemed publisher has resigned. His letter is below.
Sub-Standard-listed AIQ, the baby of Andrew Monk’s VSA Capital and Standard List posterboy for all that can go wrong, announced this morning that its IT consultancy business (what’s left of it) has been awarded a contract to supply an NFT marketplace, and that it has established partnerships with two suppliers. Big news……or not!
I start with Hitpiece – the latest NFT scam. Aren’t all NFT’s scams? I discuss the ephemeral nature of contemporary music as an asset class. Then onto Amigo (AMGO) where – with the shares surging – it is surely ‘a mega’ short. Then it is onto regulatory and ethical failure at Braveheart (BRH) and Chamberlin (CMH), the common links being the scumbag Trevor Brown and the scallywags at Peterhouse Capital. Then on to more regulatory failure at Chill Brands (FRAUD) before I take along look at UK SPAC (SPC) and all who sail in her. Finally a few words on Optibiotix (OPTI) where I plan to catch up with Steve O’Hara later today.
Yes it is a parody. But quite a funny one.
This podcast contains reference to various chats with Lucian on the markets, millennials and on Cake Box (CBOX) after yesterday’s bearcast & the Maynard Paton expose. I discuss what Trustpilot says about the company HERE and Lucian’s road trip to do more due diligence. Re Lucian I also discuss other big blowups that will happen this year and bitcoin. Then there is Amigo (AMGO), Chill Brands (TOAST), MyHealthchecked (MHC), Novacyt (NYCT) and Argo Blockchain (ARB) in light of today’s NFT nonsense but also the collapsing bitcoin price.
The incestous joke that is Aquis listed NFT Investments (NFT) took another turn today with a related party deal with Pluto Digital, featuring a cast of scampsters including John Story, Andy Frangos, founder of disgraced broker Pello, serial promoter Jonathan Bixby and his brother in law, Peter Wall of Argo Blockchain (ARB). Did you not know that Bixby and Wall were related by marriage? Small world innit?
These are the most-read articles and most listened-to Bearcasts of the week. The most-read non-Tom, non tip-of-the-year is Is it time for me to sell my Barclays shares by Chris Bailey.
I start with a belated Happy Birthday which I hope you will join me in saying. Then onto what NFT’s of farts in a jar tells us about this insane world of investment. That naturally leads onto David Bramhill and Union Jack Oil (UJO) and today’s utterly shock expose. It left me in a sort of moral quandry but I decided I had to publish. So what next?
This is so tawdry even by the standards of the penny share world. It is more incestuous than a family get together in Norfolk. Only in a bull market, and NFTs are exhibiting all the craziness of a bull market, would regulators look away and investors swallow this bull. NFT Investments is a disgrace well known to readers of this website. Now meet the other players.
How on earth has any broker in London not managed to make out like a bandit, or should I say broker, during the past two years? It almost defies belief given how every company on earth seems to have done at least fund raise earning stacks of 5% commissions for the bandits. I mean brokers. But somehow the gutter dwellers at Novum Securities have managed to post another whopping loss as you can see below.
NFT Investments (NFT) is like Dispersion Holdings (DEFI) an investment company listed on the Aquis lobster pot. The chancers who own most of the shares thanks to pre IPO funding at a huge discount to the IPO are the same crew led by Mike Edwards and Jonathan Bixby. Scumbag broker Novum raised most of the cash, £11.2 million for Dispersion and £35 million for NFT. And the connections do not end there.
Following on from the offering from Killer Frogs earlier on the 12 year old NFT Tycoon, I bring you a tweet from PR genus Steffi promoting a product which will, I am sure, make a few folks a lot of money along the way. But what is it? Soft porn, meets gambling meets pointless speculation? How does this create real jobs or objects of beauty or purpose to advance humankind? I am at a loss but surely this is not capitalism. Feel free to correct me if I am wrong.
Valereum Blockchain (VLRM), The Richard Poulden blockchain/NFT/bitcoin ramp hyped disgracefully by shareholder David Lenigas and penny share paid for promoter Zak “the huckster” Mir, has managed to raise £1 million at a shocking 70p. And the shares are now 76p. This is insanity.
One of these three gents is a good friend (or was, maybe he won’t be after reading this), one is godfather to my daughter and one is a fat and utterly shameless Aussie share promoter who used to think there was more oil in the Weald Basin than in Saudi Arabia and whose latest tweet is below.
96% of you are yet to get your credit card out. I really do have a Dan Levi in his underpants picture and am not kidding about publishing so please do donate to Rogue Bloggers for Woodlarks now HERE. Then it is onto NFT Investments and NFT’s and the scandal I covered HERE. I look at previous bubbles and try to put it into context. All those involved: the promoters Jonathan Bixby & Michael Edwards, scumbag broker Novum and Aquis should hang their heads in shame. They won’t. They are preparing to do it all over again and soon.
David Lenigas was unable to float his poxy related party spoof Lenigas Cuba on AIM or the Standard List as regulators objected to the way he awarded himself gazillions of founder shares at peanuts before raising money shortly after from mug punters at a vast premium. There was no justification for the uplift, it was just greed, and even the AIM sewer and the FCA regulated (no sniggering at the back) Standard List have some standards. Luckily, Aquis has no standards and so Lenigas Cuba listed there. Of course it ended in tears. But that established that Aquis has no qualms about quite appalling greed. Take NFT Investments.
And now from Wales, by just 30 yards, it is my new weekly video show. This costs 99p per episode, and you can either listen to, or watch, some sparky interviews with Charlie Morris a bitcoin guru where we also discuss gold and the markets and Malcolm Palle of Aquis listed Coinsilum which is now an NFT play Plus there are a few thoughts on wider stockmarket issues from me. This bitcoin, blockchain & NFT special has a lot of gags but is also, I hope, pretty informative.You can access the show HERE
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