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Who said that for a small cap broker “delisting is inevitable. All are struggling to survive in a climate of scarce deals, low trading volumes, strong competition and rising costs” Okay it is a trick question but the answer is Andrew Monk of VSA Capital (VSA). The trick is that …

Fungai Ndoro who runs Aquis listed Oscillate (MUSH) is not a bad girl but any company that invests its shareholders cash in Dev Clever (DEV) warrants must – for reasons explained HERE – be run by someone who is smoking something.  Today Oscillate has announced an RTO which makes no sense at all.

Andrew Monk’s VSA Resources is bringing NZ listed Cooks Coffee to London with a dual Aquis listing.  Because the world needs more coffee shops as we head into a severe recession which will force discretionary spending off a cliff? Whatever you say Monkey.

For disgraced Graham Mullis of (growing as of today) Novacyt (NCYT) infamy, things are going from bad to worse as new shocks emerge at Aquis listed Love Hemp (LIFE).

I have written to Aquis Regulation, ccing in the Financial Reporting Council, if Aquis needs some help with basic accountancy, on the subject of interims from Richard Poulden’s Valereum Blockchain (VLRM). These numbers need to be restated with Poulden deserving a public slap on the wrists.

Yesterday I flagged up the laughable interims from the Richard Poulden/David Lenigas/Zak Mir ramp Valereum (VLRM) in which the company claimed that a £6 million overdraft facility was a current asset.  I know that both Poulden and Mir were keen supporters of the bogus cult of Modern Monetary Theory so maybe that is where this all comes from:  rather than printing money, Poulden is printing assets.  I blamed Ms Heena Karani and advisors Peterhouse for allowing this novel, and wholly bogus, new development in accounting to be published. I was wrong and offer my apologies to Ms. Karani and to Peterhouse. Well sort of.

Disgraced Aquis listed Eight Capital Partners (ECP) has today published its interim results for the six months ended 30 June 2022.  The numbers were piss poor with revenue of just £58,000 and a loss before tax of £506,000. And they were non compliant but who cares as this is the bastard little brother of Standard listed fraud Supply@ME Capital (SYME).

I start with a joke the late Steve Holdsworth would have appreciated for I can confirm that reports of his death were, sadly, not exaggerated. Then onto two US oil plays where I see big troubles ahead: Canadian Overseas Petroleum (COPL) and Zephyr Energy (ZPHR). Then onto the failings of Aquis in covering up the sins of disgraced Graham Mullis at Love Hemp (LIFE) and onto another shocker from the lobster pot Evrima (EVA), hat tip M for that one. Finally, a detailed look at Powerhouse Energy (PHE), its dismal interims, Zak's appalling forecast/plain paid for ramping and the looming cash crisis set to unfold by this time next year. The big tent for ShareStock arrived today. Gosh it is heavy. I am dreading trying to put it up. To get inside it book your seats HERE.

I suppose this is another Gotcha for me in that I repeatedly pushed Aquis to act. But what we see today is a partial cover up, a rewriting of history to protect the chairman, disgraced Graham Mullis.

Having told a grotesque lie to investors about raising cash which it had in fact not raised, the board of Aquis listed Love Hemp (LIFE) should be in jail. Instead, with almost no cash, it limps on, its shares suspended as no advisor has signed up to replace Peterhouse, which quit when the lie emerged. Today another deceit.

Look what is crawling out of the grave, maggots emerging from every pus-filled orifice, the smell of death everywhere…it is Media Corp (MDC). It is back

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.

CBD outfit Love Hemp (LIFE), backed by boxer Anthony Joshua , is the company that lied to investors about having raised cash when it had not. That led to its Aquis adviser (Peterhouse) quitting and the shares being suspended on May 3. It says it is still talking to a new adviser but which adviser is bent enough to want to act for a company that lies about such matters?  And then there is a trading statement today.

The aquis-listed pot play, Love Hemp (LIFE) - backed by boxer, Anthony Joshua - committed fraud in February of this year. Its adviser, Peterhouse, rightly quit, leaving the shares suspended. Today, Love has reshuffled the corporate deckchairs and is talking to a new advisor, so people can trade its shares again. Which advisor is so bent that it will act for a demonstrable fraud?

He was coming by the end of 2020. Then he was going to appear during Q1 2021. Then Q2 2021. Then by the end of the year. And then by the close of Q2 2022 – ie yesterday…….and surprise, surprise, he hasn’t come. But he is most certainly coming tomorrow. Honest, guv’.

In an extraordinary announcement this morning, AIM-listed Vela Technologies (VELA) has announced that it has just discovered that – unbeknown to its Board – it had apparently invested £300,000 into Aquis-listed TruSpine (TSP) as part of a subscription announced by TruSpine on 31 May 2022. What???!! And then this afternoon a clarification.

Rutherford Health (RUTH), the former Proton Partners which listed at what was always a joke price on the Aquis (then NEX) lobster-pot, backed by a Woodford promise which cost his investors another £80 million, has finally admitted the game is up. It is to be liquidated. That’s around £240 million down the drain. This is a crime and you know who the main criminal is. 

On Monday I asked When Will The Money Run Out? at Aquis lobster-potted TruSpine (TSP) and yesterday we got the answer, in the form of a placing, subscription and a debt-for-equity exchange raising £700,000 (before expenses) of new money and converting a stack of outstanding directors fees and third party creditors. Eat your heart out, Mystic Meg! Oh, and er…..oopsie…..the company “forgot” to mention that it had issued 724,902 shares to third party creditors back in November, failing to issue an RNS or apply for those shares to commence trading. Move along please, nothing to see here!

Aquis-listed TruSpine (TSP) is yet another of the disastrous recent IPOs to have sullied the London markets. Having joined the lobster-pot in August 2020 at 36p, the shares have utterly collapsed in the wake of an IPO subscription doing a runner and multiple delays to the approval of its Cervi-lok spinal stabilisation device, which was supposed to have seen FDA submissions completed in Q4 2020 and we were promised commercial sales in 2021. Here we are at the end of May 2022 and the FDA has not yet been satisfied, there is no sign of any sales and the shares are now just 4.3p in the middle. Ouch! But has the company run out of cash?

This is a major scandal - one that will create massive embarrassment for those operating in the depths of the AIM, Aquis and Standard List sewers. And for Matt Lofgran of Nostra Terra (NTOG), his buddy, Gavin Burnell of the Globo (GBO) fraud, and Novum infamy, it poses a major question of what they knew and when.

Aquis listed VSA Capital (VSA) makes its dosh floating and raising money for shitty little companies on AIM, the Sub Standard List and Aquis. The photo below, from yesterday, shows its staff preparing to party in the sun. So, with a prize of some worthless shares in star VSA float AIQ Limited (AIQ), let's all play "spot the customer's yachts."

First thing yesterday morning shares in Love Hemp (LIFE) the pot play backed by boxer Anthony Joshua saw its shares suspended. At 4.35 PM it fessed to the grisly truth: it had lied about a fund raise announced on 8 February. But then it carried on lying. No wonder, adviser Peterhouse has resigned.

Since my last expose of the demining state of affairs at Lombard Capital (LCAP), things have gone from bad to worse. But now, enter stage left a man who was once the 57^th richest person in Britain (or not), but then turned out to be a fraudster and was sent to the slammer. It gets better….

Once a dawg with fleas always a dawg with fleas. I covered the horrors of David Lenigas created horror story Afriag (AFRI) in full. Eventually after too many criminals such as Yusuf Kajee were exposed by this fine website, the company was booted off AIM and then, via a RTO organized by those scallywags at Peterhouse which took two years to consumate, became a medicinal cannabis play based in Jamaica and listed on the Aquis lobster pot. On April 13 2021 £2.5 million was raised at 5p and the company became Apollon Formularies (APOL). Now follow the white rabbit for the shares are now 2.6p and a cash crisis looms.

I previously covered the ignominious delisting of Rutherford Health, formerly Proton Partners, from the Aquis lobster-pot. But I fear the denouement for this Woodford favourite has only just started, as a quick trip to Companies House shows and for those left holding the baby – the remains of Neil Woodford’s Equity (lack of) Income fund (now LF Equity Income Fund) and Schroder UK Public Private Trust (SUPP) – there is surely more bad news to come.

The Sith Lord Zak Mir always tells me that all publicity for him is good publicity. That is why, as I, alone, report his utterly atrocious stock picking, inability to understand even the basic grammar he was taught at Harrow or his strange business ventures. He should be so incredibly grateful to me. I am almost the only chronicler of the Fall and Rise of Reggie Mir. And that brings us to Lift Ventures. Is it Lift Off or Lift on?

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?

You may remember that, on November 23, the Sith Lord Zak Mir put out an RNS to say that he had teamed up with the scumbag spivs at Novum Securities to announce that the media company he had created, Lift Ventures, was to raise £1.7 million at 3p and to list on the Aquis lobster pot. I explained what a top of the market rum ‘n’coke this was at the time HERE. Anyhow…

Insolvent Aquis lobster pot listed Lombard Capital  (LCAP) starts its annual results statement today with the statement “ The period under review has been extremely difficult for the company and the directors’ well-being.” That would presumably include the director given vast unsecured loans to 100% fund two start up companies? Yes him. Diddums. My heart bleeds.  Suffice to say the results are shite and the statement wholly misleading.

I finally got around to doing what was a New Year resolution of 2021 over Christmas. I discuss that, and then Optibiotix (OPTI) and Lombard Capital (LCAP) a posterboy for the Aquis shit-fest.

Our old friends at Aquis-listed TruSpine (TSP) have been at it again, releasing interims results to September and announcing yet more delays for its Cervi-LOK product during no-one-is-watching week. Oh, and the cash is running out yet again. What’s not to like?

I end with a seasonal message of goodwill to all men. I start with a detailed demolition of Versarien (VRS), Deepmatter (DMTR) whose placing statement is a disgrace and finally of Love Hemp (LIFE) an Aquis dog from Peterhouse Capital where, after today, there are more red flags flying than on May Day in Moscow. It is a shocker. I also have somewhat implausible news about Central Copper Resources.

Aquis-listed investment dog Gledhow (GDH) really does show what a small world the lower reaches of the London small cap sewer can be.  Let us start with Gledhow’s boss Guy Miller. This is a part time gig for Guy. His main job is as a director of Corporate Finance at Peterhouse Capital. Keeping communications easy, the company’s Aquis adviser is, er … Peterhouse capital. Guy, meet Guy, you need to chat. It gets better.

At 3:42pm yesterday it was announced that Aquis lobster-potted Rutherford Health (RUTH) – formerly Neil Woodford shambles Proton Partners – is to delist, thus bringing to an end what must have been the most outrageous listing by Neil Woodford on the market today. This follows a management restructuring – getting rid of the CEO, the Chair and a raft of NEDs – after the company failed to raise new money and the cash ran out, leaving it reliant on bridging finance and the arrival of a Chief Restructuring Officer.

Aquis-listed Rutherford Health (RUTH) – formerly Proton Partners – announced this morning that it has secured bridge financing from shareholders including Neil Woodford’s former stamping ground of Schroder UK Public Private Trust (SUPP) – formerly Woodford Patient Capital – and LF Equity Income Fund – the unsaleable rump left over from the Woodford Equity Income fund – to raise up to £10 million in the form of various loans costing 15% per annum. The old saying that if you owe the bank a quid you’ve got a problem, but if you owe the bank a million quid then it is the bank which has the problem is writ large here.

Oh dear, oh dear, oh dear. It was already clear that Aquis lobster-potted Rutherford Health (RUTH) was in big trouble as funds from a placing back in August had not arrived and last Friday the company had promised news of bridge financing this week. Back on 25^th October my back-of-an-envelope calculator suggested that the company was already on the brink and on Thursday this week – at lunch time when nobody was looking – the company announced the departure of the CEO and the chairman. Did somebody say rats and sinking ship?

Last Friday Aquis-listed Rutherford Health (RUTH) advised that it was in discussions to secure bridge financing and that a further announcement would follow this week. This followed the non-appearance of placing monies originally announced back in August which were repeatedly put back. Is the company out of cash yet?

The Financial Conduct Authority has confirmed new listing rules which came into force today.  Under those new rules the FCA is:

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.

RentGuarantor Holdings PLC provides a rent guarantee service to tenants wishing to rent property in the UK from the Private Rental Sector. The rent guarantee service is an online service where applications can be managed on a secure and bespoke digital platform designed and built by RentGuarantor Holdings PLC So says the company but ahead of its 8 December listing on the lobster pot c/o Alfred Henry there is already a massive red flag fluttering. In fact there are a number.

I kid you not. Natch there is a very obviously related party stink, the valuation is a joke, the brokers behind it are scumbags and my friend Zak is a clown who doesn’t have a scooby about media and fintech M&A but do not let me put you off. This madness will at least be entertaining, if not rewarding for those daft enough to back it.

Eight Capital Partners (ECP) is blessed with having as its chairman Dominic White, one of the brains behind the Supply@ME Capital (SYME) fraud and until recently its chairman.It also has as its CEO David Bull whose accounting blunders have created a massive black hole at AIM Listed PCF (PCF) causing its shares to be suspended. Bull chairs the Audit Committee, no sniggering please, at Supply. And Eight is, via a complex structure enabling Supply boss Alessandro Zamboni to dump all his remaining shares in his Standard Listed scam. What’s not to like? Oh yes: Eight has fallen foul of the Companies Act.

I follow up on yesterday’s bearcast on Wandisco (WAND) and the deal done by CEO Dave Richards with the hoods at Equities First Holdings (EFH). Dave called me up. I explain why he is naive not dishonest but why he needs to grill his advisers. Was there a brown envelope? Who penned the RNS which now looks even more dishonest with what I tell you today? Dave should shoot and/or his advisers as they have landed him in the reputational soup.  I then look at today’s latest  disgusting revelations on the Charlie Wood Hydrogen and Helium SPAC spoof IPOs, at the utter naivety of Aquis and I have advise for certain City folk on what they should do as the regulator has failed. Liam, Fungai and he who shall not be named you know what to do. I look at Bowleven (BLVN) and also at Caracal Gold (GCAT) asking who is selling?  

The good news for folks like David Lenigas, Charlie Wood, Anthony Eastman and associated scumbags who paid 1p per share for Hydrogen One shares in September, is that there is almost certainly no lock-in for them when the company lists in a few days time after a 10p fund raise on Aquis. That the junior market allows this is a total disgrace. How do I know this? Because of its older little bastard brother Helium Ventures (HEV) and this will shock you.

Yesterday, I revealed how David Lenigas of Horse Hill infamy and a bunch of disgraced financiers were going to book 900% gains made in just two months via the Aquis listing of Hydrogen One. I am afraid that it gets much worse and NED Fungai Ndoro, who appears to be the only person involved in this nest of vipers not to be given cheap stock, must surely be considering her position.

We live in an era of greed, an era when the unscrupulous will encourage you to speculate on the uninvestable.  They will make money in these fag days of the bull market. If you invest in their companies or products you will lose money. It is that simple. Welcome to the latest creation of David Lenigas. Of course he is not a director…

Aquis lobster-potted Rutherford Health (RUTH)  – formerly Neil Woodford favourite Proton Partners – has announced a deal to open new health clinics in partnership with BUPA. Great, whizzo……but there is just one tiny little thing wrong here!

Aquis listed Pioneer Media (PNER) run by serial promoter and related party deal specialist Mike Edwards or, as he now likes to be known, “Mike Edwards”,   has put out a release today about the acquisition of CryptoPunk 8869 in Canada. It is pure unadulterated gobbledygook but that is the point. I have asked several very smart folks including the Dark Destroyer and Jim Mellon if they understand it and can explain it but they cannot. Neither can I. But few are brave enough to admit it and so the narrative that this makes sense, that the Emperor’s New Clothes are just splendid goes unchallenged.

Noting I would keep my watchful eye on Aquis lobster-potted Truspine (TSP) in the wake of a Christmas 2020 update that its FDA-approval paperwork was three months behind more-or-less on deadline day, I see that the company has announced that it has applied for its Cervi-LOK spinal product to be designated as a “Breakthough Device Technology”. Whatever……here we are in November and the FDA 510k application for this device, originally due last Christmas, has still not been filed. But it gets worse……

Aquis lobster-pot listed Rutherford Health (RUTH) has announced yet another delay in its acquisition of Proton Partners International Health Care Investments LLC, UAE. The deal, originally announced on 31 August 2021 – along with a placing which is also delayed – was due to complete 21 days on from a share swap deed dated 28 August. Then it was 11 October 2021. Now it is 16 November and the ShareProphets bookies are offering generous odds on yet another extension after that.

The antics of the Mike Edwards/Jonathan Bixby gang at Aquis listed Dispersion Technologies (DEFI) have been well documented on this website. All sorts of scoundrels backed this in a heavily discounted pre-IPO round, the sort of scoundrels whose accounts at broker Pello ignore lockins and the smoke and mirrors continues today with news of an acquisition. The stench here is getting unbearable.

British Honey Company (BHC) which makes honey but not money listed on the Aquis lobster pot at 110p on March 16 2020.  Amazingly the shares are now 114p but given the shenanigans of the past 18 months that is both unsustainable and ludicrous.

I am shocked to see that my old pal Sir Aubrey Brocklebank, Bt, joined this Aquis listed joke company shortly after its admission to the lobster pot last November for everything about it is a complete rum ‘n’ coke. Today it has announced that its shares were suspended a week ago – why rush out the bad news to the plebs eh Sir Aubrey. All the important chaps already know. Don’t you know?

As African Potash (AFPO) this company was booted off the AIM Casino after its Nomad quid when discovering – thanks to me – that the company had told grotesque lies to get placings away, it had committed fraud. Chris Cleverley, cousin of leading Tory James who is no longer claiming he wants to buy West Ham, then took Potash to the Aquis lobster pot, changed its name to Block Commodities (BLCC) and carried on telling lies to investors for which the company was censured and fined, after I pointed this out to regulators. Could it get any worse? You bet.

It is hard to know where to start with the ludicrous announcements from Aquis Listed Eight Capital Partners (ECP) controlled by former Supply@ME Capital (SYME) boss Dominic White. But having seen the FCA overlook industrial scale fraud at Supply, in its capacity as , ahem, “regulator” of the Standard List, White says he is going to move Eight to the Standard List. Surely the FCA has to reject this application? Why?

I commented on Tuesday that Acquis-listed Rutherford Health (RUTH) seems to be having a bit of a problem collecting the placing proceeds originally announced at the end of August. The original payment day – September 13^th – came and went, with an after-hours announcement that the deadline had been extended to September 23^rd – yesterday. There was no announcement yesterday, but at 11.57am – ie lunchtime – today the company announced the grisly news:

Aquis lobster-pot listed TruSpine (TSP) has announced a placing raising just £650,000 – of which only £500,000 of actual cash was raised (the balance being fee shares, one presumes to the fine Broker involved to cover coke and hookers costs). Quite why anyone would pay 10p for shares which are trading at just 8.75p (up 0.65p) even after the announcement) is beyond me! But the highlight was the update over FDA submission for its Cervi-LOK product.

David Lenigas is to ramptastic tweeting what Colin Bird is to pre placing pumps. He just cannot help himself. Today’s special is a picture of two men in late middle age standing in a tax haven shaking hands. Apparently this is very significant for Aquis lobster pot listed Valereum (VLRM), the crypto play pumped to 80p three months ago as the shameless chartist turned penny share stock promoter Zak Mir called it up to £2,  That helped it get away a £1 million placing at 70p. Its shares now trade at 29p but even that is still a staggering 20 times net assets for this loss making business. Maybe three men could shake hands tomorrow in some tax dodging location and that would be even more significant, eh Dave?

It has been widely reported that lawyer Chris Cleverly is the key London player in PAI, the company that wishes to buy West Ham and that Cleverly, cousin of Tory high flier James, is colourful. As a diehard hammer I put this article outside paywalls so that supporters of the club, the Ferdinand Brothers who back PAI and the current owners are fully aware that Chris Cleverly is more than colourful, he is a serial fraudster and habitual liar. Everything he touches may see him prosper but everyone else gets screwed. I have exposed his frauds over many years, seen off his intimidation of me as an investigative journalist and ensured that his company was booted off London’s AIM Market.

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.

Fresh from its less than flattering role in the Tim Yeo/TMO Renewables trial, Andrew Monk’s VSA Resources has today announced its intention to float on the Aquis lobster pot which Monkey laughably predicts will be Europe’s Nasdaq. You may be tempted because the last accounts show that VSA had a cracking year to March 31 2021. But hang on? Wasn’t VSA once on AIM?

I doubt any ShareProphets readers are involved with Aquis-listed Freyherr International Group (FRYR), but news today shows us what a complete shambles it – and the Aquis exchange – really is. Freyherr is a cannabis play with operations in Slovenia. But it can’t get its accounts out due to Covid (natch) and is being booted off Aquis today. But fear not, for Baldrick has a cunning plan…..

Early Equity plc (EEQP) is an investment company listed on the Aquis lobster-pot and has been kicking around since 2007. Its last results – for the year to August 2020 – showed that accumulated losses had topped £2 million, a fine achievement for a £7 million market cap company! Last week it announced the result of its reconvened AGM – which doubled as a sack-the-board EGM: time to reach for the beer and popcorn!

Dispersion (DEFI), the latest Aquis listed pump from the Bixby/Edwards stable, has announced its first investment since its tawdry IPO but is everything quite what it seems?

They used to be called cash shells but Peterhouse likes to brand its pointless financial creations SPACs (Special Purpose Acquisition Companies) to make them sound more sexy. Of course what they really are, are money making machines for greedy founder investors and rampers like Chris Akers, the Wolf of AIM, and for financiers like Peterhouse who float them on a production line of greed.

First, whatever Aquis was called back then booted US Oil & Gas (USOP) off for telling porkies. Then it was the Danish GSX Exchange where this company was once valued at £300 million which booted USOP off for telling porkies. Now we have a hat-trick which is quite some going for wee Brian McDonnell – the liar who runs this fraud which I have documented fully on this website. But this time I think it is Brian who wanted the shares booted off. Let me explain.

Booted off what is now Aquis for lying to investors and then suspended on a Danish bourse before it closed, no exchange will now list US Oil & Gas (USOP) but still its laughable boss little Brian McDonnell battles on with ludicrous releases as he tries to part savers from their savings: “It’s the way I tell em” he smirks but folks who have lost almost everything in a company once ramped up to a £300 million valuation but which is worthless are not laughing.

Shameless Aussie penny share promoter David “Did I mention that Horse Hill is bigger than Saudi Arabia – Lenigas owns shed loads of shares in a tiny Aquis listed serial dog, Valereum Blockchain (VLRM), which has less than £300,000 cash and – as things stand – no actual revenues. par for the course with a Lenigas ramp.  His ramping on twitter is bad enough but he saves the worst excesses for a private Telegram chat room where he assumes, one suspects, that he will not be exposed. Wrong!

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.

Valereum (VLRM) in the Aquis lobster pot has, as of today, zero revenues and – if it is lucky – £300,000 net cash. But mention the magig bitcoin word, throw in a few tokens and some magic beans and, hey presto, promoter David Lenigas and the Sith Lord Zak Mir reckon the shares should hit 60p. That would be a valuation of £38 million. Whatever you say Gents…today’s ramptastic love triangle from twitter is below.

Schroder UK Public Private Trust (SUPP) – formerly Neil Woodford’s Patient Capital Trust (WPCT) – slipped out a new but unaudited net asset value statement yesterday at 3.32pm and it was shocking: it wiped another 20% off the previously stated NAV to bring the official figure down to just 35.01p per share. That, against the fantasy 89.07p when the flagship Woodford fund, Woodford Equity Income, was gated on 3 June 2019.

Cripes! This must be a record. First Sentinel was only appointed as corporate advisor to Block Commodities (BLCC), formerly the African Potash (AFPO) fraud on March 4. Today it has resigned with immediate effect meaning the shares are suspended yet again. The reason: exposes by the Sheriff of Aquis, a man whose day job is the Sheriff of AIM.

When your cousin James is a Foreign Office minister and tipped as a future Prime Minister and you mix freely among the Westminster great and good you might think that you are above the law. That certainly seems to be the case for Chris Cleverly who has spent the past five years lying to investors and raising cash on the back of it. Now he has a new con which he is trying to float on the Standard List of the London Stock Exchange via a backdoor reverse takeover into an insolvent company, and he has now roped in a US listed company which is already lying to its investors. The FCA and SEC must act at once. Cleverly’s crime spree started at AIM listed African Potash (AFPO).

Amazingly, after all the lies, well documented on this website, that African Potash (AFPO) told before being slung off the AIM sewer and all the lies it has continued to tell under its new name of Block Commodities (BLCC) while on the joke Aquis Market, the shares remain listed. Lyin’ Chris Cleverly has, however, stepped down “to pursue other interests”. That announcement came as the company managed to find an adviser to act for it. I wonder if it was a condition.

I noted the huge potential for free entertainment at Aquis-listed TruSpine (TSP) in the New Year Red Flags Sweepstakes results, when TruSpine had achieved the dubious double of a Red Flags Christmas Eve RNS (a three month delay to the application for FDA clearance of its Cervi-LOK product that was due at the end of the month which it apparently had only just noticed) and another on New Year’s Eve in the form of Interims to September 2020 showing net current assets of just £511,813 after a loss of £423,148. This week saw some news. No sniggering at the back……..

We live in times of sheer insanity. It is a rampers’ paradise and cometh the day cometh the four horsemen of the rampfest apocalypse. I bring you a tale of sheer insanity from the Aquis lobster pot market, formerly the NEX Exchange. It starts with what was once PGC Entertainment (PGCE), a serial uber dog which was eventually slung off the AIM casino. I should say that its boss is my pal Richard Poulden.

You member Rutherford (RUTH), the company listed on NEX, now Aquis, on a bonkers valuation with Neil Woodford opting to put cash in at a far higher price than was needed so his funds could cut their unquoted holdings and book gains on earlier investments so earning more management fees for the disgraced multi-millionaire fund manager?  Yes, that one. It is still going but it seems to have burned its way through all of Woodford’s investors’ cash and some…

Aquis-listed Rutherford Health (RUTH), the former Proton Partners that Neil Woodford so merrily put his former fundholders on the hook to fund at a ludicrous price, has published its Interims to August 31 this morning. What a shambles!

It is less than a year since fuel emulsifier Sulnox floated on the NEX market, now branded Aquis, and already a couple of directors and the auditors have walked. But now comes a GM Request to oust boss Nick Nelson (a good guy) and his fellow directors and replace them with four new suits. But in a world where Aquis Regulation and the FCA were not complete chocolate teapots, the convicted fraudster behind the coup would surely have been stopped. Yes that is right – this coup is masterminded by a convicted felon.

Yesterday I noted how shitty little Aquis Listed Block Commodities had been fined £10,000 for lying to investors. In a way I celebrated as this was down to my work. But in a way not: I was cross.

Oh dear, Lyin’ Chris Cleverley, the cousin of Tory party bigwig James, is in a spot of bother having been slammed by the regulators of the junior exchange Aquis for misleading investors in his POS company Block Commodities, formerly African Potash. Better still, Aquis acted on a specific letter from my good self sent on 18 November 2019.