Another Neil Woodford disruptive pipe-dream is set to bite the dust next month. Having been bailed out repeatedly by Woodford as he sank his investors’ cash into a black hole, now that Woodford has gone there doesn’t seem to be anyone interested in taking on AIM-listed Eve Sleep (EVE) and this morning investors were warned of what we have been saying was inevitable for years.

AIM-listed member of the Woodford disruptive revolutionary front, Eve Sleep (EVE), has updated the market this morning on its formal sale process and trading. The news is not good and I suggest that anyone holding shares here is truly certifiable.

AIM-listed jam-tomorrow (or never…) investment company Tern plc (TERN) has updated the market with a portfolio review. The news seems good (a big contract for one investee and a fair investment for another) but the elephant in the room is its investment in Device Authority Limited – on which we learn precisely nothing. Worse still, apparently Tern now has a genuinely diversified portfolio of…. companies, with each……having a disruptive technology in a global market. Oh dear: it's that word again, 'disruptive' – has the board not heard of what happened to Neil Woodford?!

Oh dear, oh dear, oh dear. It is a recurring nightmare for Neil Woodford’s disruptive play on all things sleep related as AIM-listed Eve Sleep (EVE) has announced yet another profit warning as the company also announced that merger talks with Simba are all off. It is enough to disrupt even the heaviest of sleeps and the shares have opened 28% down – and are still falling.

On Monday I demanded that RM2 (RM2) make a statement to cklarify its (grim) financial position. Today it has obliged and this maker of “disruptive” pallets where Woodford Investment Management funds have a 67% stake looks to be utterly fecked.

A week ago shares in “disruptive pallets” Neil Woodford dog RM2 (RM2) were 38p. Today they are off by almost 20% at 28.5p and surely a statement is needed. It cannot be good news. And this is why.

Induction Healthcare is coming to the AIM market in only the third IPO of the year on AIM. That kind of tells you now ain’t a great time, but leaving that aside, Neil Woodford has signed up for IPO shares (with no previous investment) in a company which seems to be a very long way from profitability. So is it his Equity Income Fund buying a company with no income? Maybe it is his Income Focus fund – although no matter how hard I focus, I still can’t see any dividends. Or perhaps it is Woodford Patient Capital (which has no cash)? I’ve no idea.

Oh dear, oh dearie me. Woodford dog Thin Film of the Oslo Bors province (THIN) has reported its full year numbers to December 2018. We knew they would be bad – there was a strategic review post-period – but it looks as though a trip to the corporate undertakers could be on the cards unless the company can get a fundraising away, and with Neil Woodford out of cash that’s going to be a big ask. Even if it does, unless Woodford stands his corner he could be diluted away into oblivion.

Noting that one of Neil Woodford’s earliest investments for Woodford Patient Capital Trust (WPCT), Verseon (VSN) – trading on AIM but a US biotech outfit in the disruptive space (natch) – appears to be headed for trouble I commented that at least the company has the services of the good Xavier Rolet (yes, the former LSE boss!) on the board. So all’s well! Well, it was until this morning! Oh dear….

‘Twas the night before Christmas.  Neil Woodford had pushed the apparition claiming to be the ghost of Christmas Past out of the window’s provided by “our locks are as safe as our dividends” Kier and had now bolted them firmly shut.

On 27^th June, AIM listed Outsourcery (OUT) announced that it was holding a “Capital Markets Day.” Hmmm, this is an £12 million capitalised AIM listed POS with pretensions is it not? The company started with a raft of positive guff but then – if you had not fallen asleep and got to the bottom of the release – found that it was admitting that it was a year behind schedule and needs to raise cash this year to keep going. Now even prostitute researcher Edison is sticking the boot in – what it says and what management says look very different to me. Why would anyone refinance this train wreck?