After his senior role at disgraced broker, Daniel Stewart - enabling China frauds including Naibu - Paul Shackleton should have been banned from financial services. Instead, he is now earning a six-figure wedge at Peel Hunt. But the morally bankrupt bankster is getting a bit forgetful
Mid and small cap broker Peel Hunt (PEEL) has announced results for its year ended 31st March 2022 including emphasising “good progress against our strategic priorities”. So of what the shares currently down to 114p, a £140 million market cap?...
I have written to the Oxymorons at AIM Regulation,led by the bogus Sheriff of AIM Marcus Stuttard, following two shock revelations on this website which should mean a 7 AM Monday Suspension of Trading in shares in ADM Energy (ADME) and a full enquiry into Nomad Cairn Financial & broker Ardern. The letter follows:
This latest expose c/o Winnileaks is why shares in ADM Energy (ADME) should be suspended first thing Monday. Not only has the company and its hapless Nomad Carin sit on news of a major legal claim against it as I revealed yesterday but it seems to have met its second fake sheikh, a letter from whom is below. And to have used this fake sheikh to ramp the shares ahead of placings.
AIM-listed Rurelec (RUR) has been an untold disaster on AIM. Having ditched the Peter Earl regime, the directors who somehow managed to keep this crock afloat have now left and the outlook is truly grim.
I commented yesterday on AIM-listed Rurelec’s (RUR) after-hours FY results which were slipped out at no-one-is-watching o’clock on Wednesday whilst Boris was announcing his cabinet reshuffle (a good time to bury bad news). But there are some details worth looking at – for a start, the involvement of former boss Peter Earl, who ran the company into the ground before he was shown the door.
Last night at 5.20pm AIM-listed Rurelec slipped out its full year results to December 31 2020. Given that its previous team of directors slipped out of the door since period end, the evening of Boris Johnson’s cabinet reshuffle looks like a good time to bury bad news.
AIM-listed Rurelec (RUR) remains in deep trouble so many years on from the ousting of former leadership under Peter Earl, the latest problems having been covered HERE. In fact, as I have said many times, I am amazed it is still going at all. But yesterday it released news which I fear may spell the final curtain.
I have covered the downs and further downs of AIM-listed Rurelec (RUR) in some detail since the demise of former management led by Peter Earl, and marvelled at the fact that the company – despite everything thrown at it – is still here at all. But this morning’s announcement of a new “Independent” NED makes the stock totally uninvestable. So who is the mystery NED?
I am not saying Future (FUTR) is a fraud just that the way it has responded to Matt Earl's devestating dossier will make my pal, the King of the Fraudsters, so incredibly proud. At last someone is following his advice on how to deal with critics. I also look at Burford (BUR), Big Dish (DISH), NAHL (NAH),Nostra Terra (NTOG), St James Place (SJP) who I suggest hires Elizabeth Holmes and Julie "lingerie on expenses" Meyer at once, Versarien (VRS) and Arden Partners (ARD), home of the China fraud specialist Mr Paul Shackleton of Naibu (NBU) infamy.
Yesterday I showed that AIM-listed Haydale (HAYD) appeared to have been breaking AIM Rule 11 upon the disclosure that a new line in the States had seen commissioning delayed until November, despite the company appearing to have told the market that it had been in commercial production since last June in an RNS dated 15 October – when one now presumes that commissioning was known by the company to be delayed.
Once again, as happens several times each week, the word vindication springs to mind. You cannot say that you were not warned countless times, right from the time of its IPO to the near reading of the last rites today, that this crock of shit would end in tears. That moment is almost upon us.
AIM Cesspit Posterboy Management Resource Solutions (MRS) served up another dollop of comedy on Friday. On Thursday it had waited until someone had had plenty of time to dump shares with the price tonking, before suspending its shares because of bad news it has known about well before the UK market opened. That news was that Voluntary Administrators had been appointed to 5 Australian subsidiaries. Now we learn more…
It was well publicised that I would be carrying the coffin containing my dear Uncle Chris into a church on Thursday afternoon. The lawyer for one scumbag makes it clear in his letter that he is an avid ShareProphets reader. So which POS opted to send me a lawyer's letter yesterday afternoon? Natch I shall publish it in full and, on the back of such an act, the gloves really are off. But who do you think would be so morally bankrupt to act in this way:
The critical point about yesterday’s full year numbers from TrakM8 (TRAK) is that they show a company with zero earnings visibility, burning cash and with a drowning in debt balance sheet which is thinner than an Ethiopian super model when it comes to tangible net asset backing. I do not wish to sound like an accosting pedant and geek but there is another issue: auditors PWC Southampton have screwed up and the numbers need to be corrected and re-issued. Let me explain:
China fraud specialist Paul Shackleton is trying to restore his soiled reputation and personal finances as head of the Nomad team at Arden. But this is proving hard given the activities of Arden client Management Resource Solutions (MRS). Over the weekend, thanks to Winnileaks, we exposed the biggest lie yet told by Management boss John Zorbas over the dodgy as hell related party nest of snakes £1.32 million acquisition of Alerion. In friendship, I have written to Mr Shackleton asking if Arden will quit as Nomad now and explaining exactly why they must. I have cc’d in AIM Regulation.
At the investor presentation on 2 May at the offices of uber expensive PR posh-wits FTI Consulting, which was attended by over 20 sceptical and angry investors, Management Resource Solutions (MRS) boss John Zorbas again showed he was, quite possibly, a liar.
In this bearcast I look at what a dismal failure AIM has become and examine the inherent conflicts of interest which make such failure ( for investors) inevitable. I reference Management Resource Solutions (MRS), Daniel Stewart (DAN), African Potash (AFPO), Arden Partners, Paul Shackleton, Naibu (NBU), Cantor Fitzgerald, Sefton Resources (SER), SP Angel, BlueJay Mining (JAY), Vialogy, Yourgene (YGEN), Quindell (QPP), Globo (GBO) and more. If you enjoyed this how about becoming a hero and donating to rogue bloggers for Woodlarks TODAY HERE
If an AIM listed company lies to its Nomad and to the market the Nomad should quit on the spot. Thanks to Winnileaks we bring you an email exchange below which shows that Management Resource Solutions (MRS) told a monster lie this week. The end should be nigh. I have alerted the Nomad, AIM Regulation and the FCA.
In today's bearcast I read out an email sent to Paul Shackleton (and AIM Regulation) regarding Management Resourse Solutions (MRS) following today's bombshell HERE. I look at Plus 500 (PLUS), AFC Energy (AFC) and First Property (FPO) whose CEO is outed today as a Brexit Party candidate. I also do read out the roll call of heros who have sponsored Rogue Bloggers for Woodlarks. Tomorrow I am attemptng to do a 22 mile training walk so as you think of my pain why not be a hero too and sponsor all nine rogue bloggers HERE
This is utterly bizarre: on 28 March AIM-listed POS Management Resource Solutions (MRS) announced the acquisition of Alerion Consulting Ltd from its founder, Elliott Talbott, and others for a consideration of £1.32 million to be satisfied by the issue of MRS confetti at 5p per share and we were told that an application for admission to trading of the consideration shares on or around 4 April would be made. Now, on 5th April – at 9.38am – we learn that the application to have them admitted to trading hasn’t been made at all, yet the acquisition completed on 28th March!
During the weekend in three separate articles I have detailed what an insolvent can of worms is AIM Cesspit listed Management Resource Solutions (MRS) and asked questions that need answering about its latest £1.32 million all share acquisition. The company has failed to answer the matters raised and its shares have plunged another 25.4% to 2.35p today. I have thus written to Nomad Arden demanding that it suspend trading in the shares at once and why. The letter is below.
AIM-listed Haydale (HAYD) has offered the market an RNS this morning describing “Strong Commercial Progress”. Bearing in mind the profit warning of last week, and the inevitability of another bailout placing one wonders if this marks the appearance of pastures new in the distance, or whether it is just a pre-placing ramp.
Nick Trew, the CEO of Pathfinder Minerals (PFP) is currently attempting to fight off an EGM request to oust him and Toff Tory MP Sir Henry Bellingham of 3DM infamy from the board. Their record of non delivery should be enough to see them sent packing but another allegation has now been made which - if proven - would make their dismissal a black and white issue. Nomad WH Ireland and AIM Regulation must investigate this at once.
For those of us who have been 100% vindicated with our bearishness on TrakM8 (TRAK) today is a bit of a party because we find ourselves celebrating not one but three pieces of bad news. And we are not the only ones celebrating.
I would imagine that Lorne Daniel, an honourable man, who is the research analyst covering tech round at FinnCap will also be on cloud nine as he will never have to write another supportive corporate broker note on this dog ever again. For the first news is that TrakM8 is switching Nomad and broker from FinnCap to Arden Partners.
On 11 October AIM-listed Rurelec (RUR) put out an announcement regarding a possible offer led by former head honcho Peter Earl and involving a company which was named as IEH Limited which may or may fund the deal. Yesterday a company called InterEnergy Holdings said that it thinks it was the company referred to as IEH Limited, and that it has no intention of making as offer – and there is no comment at all from Rurelec.
African Potash (AFPO) needs to find a new Nomad by December 7th or its shares will be suspended. Cantor Fitzgerald is tired of putting its name to outright lies published to facilitate Securities Fraud and has quit. Potash says its talking to a replacement but which Nomad would act for this proven fraud? You decide in the poll below. Voting deadline midnight tonight ( 22nd November).
Oh dear, oh dear, oh dear. Things are starting to terminal for AIM-listed Galasys (GLS). With the boardroom already at war with itself and dragging the dispute into English, Jersey and Singapore court-rooms and with qualified accounts released for FY15 now we learn that Computershare has terminated its services as company secretary and provider of the registered office.
ShareProphets AIM-China Filthy Forty play Taihua (TAIH) released its FY15 numbers on Thursday – deadline day to avoid suspension under AIM Rules. But they were released after-hours at 4.52pm: talk about last-minute. The numbers are a horror, but then so is the Auditor’s Qualified opinion, and the material uncertainty warning in the Going Concern Statement.
He has emerged again from under another stone. Now at disgraced WH Ireland (WHI), Shackleton represent a company called Croma (CSSG) which has not covered itself in glory today. I take a detailed look under its bonnet. Ho Ho ho. I do the same for Ambrian (AMBR) where Richard "piggy" Chase once worked and then discuss Nyota (NYO) which he trainwrecked suggesting a fair price for the placing it urgently needs. Ouch! And there are a few words on corporate governance, executive greed and Advanced Oncotherapy (AVO)
Two weeks ago AIM-listed IPSA (IPSA) – a Peter Earle trainwreck – released its annual results to March 2015. The report contained an Adverse Opinion on Financial Statements issued by Auditor Grant Thornton which detailed two issues, one of which was the recoverability of £1.8 million from another Peter Earle trainwreck (although he has since departed that particular scene), AIM-listed Rurelec (RUR).
It is hard to keep up. We called Auhua “Clean is my middle name” Energy (ACE) as the 21st AIM delisting/suspension on the ShareProphets AIM-China Filthy Forty as its Nomad steps down effective first thing on Monday, but at no-one-is-watching o’clock last night up popped Asia Ceramics (ACHP) to say that its Nomad had resigned. So Auhua will have to settle for 22nd place.
Yesterday afternoon I revealed HERE that the FCA would stiff disgraced pensioner mugging stockbroker WH Ireland (WHI) with a large fine. Sources claiming to be close to WH Ireland pooh poohed my story. They should have known. The Sheriff was not wrong. Today came the fine ( £1.2 million), a 72 day ban on taking on new corporate clients and news of a £1 million placing at 90p to keep the lights on...but WH Ireland is still not telling you everything. Here are two more scoops.
This morning AIM-listed Rurelec (RUR) which is rather fighting for its life announced that it has bought itself a little more time in the form of a new short-term secured (over all the assets of the company) loan of £850,000, which has already been fully drawn down. This will be repayable at the end of June and will repay the last short term secured loan from Radix (of £600,000), associated accrued interest as well as provide working capital.
Eighteen Filthy Forty members have already gone and they are still queuing up. Jiasen (JSI) took the heat earlier in the week (and there is more to come on that one) and we already have LED Holdings suspended for failing to release its accounts. Then there is Asian Citrus (ACHL) which looks set to run out of cash – or orange trees – before long. But at the back end of the week came a late surge from Auhua (ACE) to claim pole position for the next expulsion of a China fraud from the AIM Casino.
Maybe you have no shame and will tonight be attending the Daniel Cesspit (DAN) Christmas Party but are worried that you might struggle to make small talk with its useless boss Peter Shea and his dwindling numbers of staff? Fear not, just for you, here is a cut out and keep 13 handy one liners to use. There is no need to thank me, in the season of goodwill I'm just trying to help.
AIM-listed and cash-strapped Rurelec (RUR) has proposed an Open Offer as the new management team fights to keep the lights on. But I fear that this potential fund-raising is already doomed to failure. The company admits that it faces a cash-crisis and the writing is on the wall. Here is why.
This morning two boardroom departures have been announced at AIM-listed Rurelec (RUR). The chairman was announced to have gone first thing this morning, and now he has been followed by a NED who is departing as of the end of the month. Is this a sign of further woes to come?
Featurng all your favourite players in this mad old tale: Craig Whyte, Charles Green, Aiden Earley, Paul Shackleton, WH Ireland, Dave King, Mike Ashley, Old Mother Worthington (WRN) et al. The big question is whether Rangers FC (RFC) can get a stockmarket flotation away and if so when? It is that which I try to answer in this podcast
We had rather missed the comedy show that was Rangers FC (RFC ) as a listed company since it was booted off the AIM Casino on April 2nd 2015. But the club has now taken a step to regaining a listing on ISDX, the market formerly known as Plus. Good news for comedy fans everywhere. Rangers listed and the trial of Craig Whyte of Rangers and Worthington infamy, an autumn of hilarity awaits.
Yesterday morning, hot on the heels of a cataclysmic AGM (see HERE) which saw all resolutions (apart from the reappointment of the auditors) overwhelmingly defeated (with 90-odd % votes against), Rurelec (RUR) announced that a previously announced short-term loan of $12million has been suspended pending clarification with the lender on the security and repayment of the facility, if drawn. The company goes on to reassure that there are other alternative sources of finance on which a further announcement will be made in due course. In other words that deal is off.
I forgot to mention convicted felon Champagne Charlie Gibson in the podcast. Silly me. But in case you have forgotten why he is a felon go HERE and why I am going to keep mentioning it go HERE. In the actual Bearcast I look at Sirius Minerals and Monitise and then have breaking news on the unlikely hero of the day China fraud specialist Mr Paul Shackleton and bad news for investors in Gate Ventures. Then it is onto Daniel Stewart with a bad Winston Churchill parody. Then onto Speedy Hire, Lightwaverf, Independent Oil & Gas and Phorm where the chickens are coming home to roost, at last.
Friday saw a barrage of RNSs from Rurelec (RUR) – five in all. 2014 results were not a pretty sight, with the main event having been the compensation the company finally received after Bolivia nationalised some of its assets. I’ll spare you the details other than to say that the final figure received - $31.5m - was rather less than total of $41m awarded by the Permanent Court of Arbitration, which was itself a massive haircut for the company. Having covered a previous RNS from May which was splattered from top to bottom with Red Flags, it comes as little surprise that Friday’s news was hardly awe-inspiring, with the shares closing off by 11% .
Chinese AIM play Auhua Clean Energy (ACE) shares now trade at 14p. The company promised in December that it would release its annual results for calendar 2014 in April. It is now June and still no results.
It is always worth a gander through the after-hours RNSs to see what is being slipped out when no-one is looking. It is a common way for companies – especially those on the AIM Cesspit – to try to hide bad news from their shareholders. It simply doesn’t work, so why they bother is beyond me. But it is an immediate Red Flag. And that brings me to Rurelec plc (RUR). On Tuesday at 4.30pm – bang on market closing time - it released an RNS entitled ‘Extension of Radix Facility Agreement’. Gosh what an exciting life I lead: I just had to take a look…
You may not remember Vyke PLC. It disappeared in 2011 from the AIM Casino and went bust shortly thereafter. But it raised millions of pounds from investors thanks largely to the efforts of disgraced crony capitalists Daniel Stewart – and yes Paul Shackleton of Naibu infamy was involved as his name appears on RNS releases – and it was a fraud. The FCA was alerted but did it do anything? Was Daniel Stewart censured and if not why not? At this stage I pass onto a reader who recounts his experiences:
ZAI Corporate Finance & Big Ray Zimmerman are squarely in the frame regarding the fraud Naibu (NBU) but in my view it is former advisor Daniel Stewart and its then lead Qualifying Executive (QE) Mr Paul Shackleton who are most culpable and I have today written to the FCA and AIM Regulation asking that both be investigated and punished most severely for their role in allowing the continuation of a fraud that has cost investors millions of pounds.
All will be revealed in due course but this is going to raise money for Woodlarks, will be a lot of fun at UK Investor Show and I ask for your help. Simply nominate your top nine stockmarket knaves or buffoons of the past 12 months – all must be from different companies or organisations. For starters here is mine:
I am delighted to see that 85% of shareholders in rangers FC (RFC) voted at the EGM to boot out the Ashley patsies and vote on the Dave King slate as directors. But there remain a series of questions about the club’s future on AIM and also about the behaviour of disgraced advisers WH Ireland and Newgate Communications.
Yes you read the headline correctly. The CEO of an AIM listed company has been languishing in prison since mid-November and no-one has been told about it. Two Nomads, the non-execs, AIM Regulation you stand accused of contributing to the darkest hour of the Casino. Anyone who has bought shares since the incarceration you know who to sue. Surely heads must roll?
The statement today from Naibu (NBU) is comedy. This is such a slam dunk fraud I cannot see why we bother pretending otherwise. The tragedy is that with the shares still suspended investors face a 100% wipe-out. I turn to the statement and also to the roll of shame and how this MUST BE CAREER ENDING for some folks if AIM Regulation is to retain any credibility. Are you reading Marcus Stuttard, the phoney “Sheriff of AIM”? The Real Sheriff has a message for you too. Let’s start with the statement which comes after a suspension on January 9 as the NEDS sough clarification of Naibu’s financial position.
The almost universally detested board of AIM Casino listed Rangers FC (RFC) had a cunning plan to deny shareholders democracy at the forthcoming EGM: hold it in London. While 2,000 might have attended the last bun fight in Glasgow, the tossers who advice the Mike Ashley Minion led board reckoned a venue holding 500 down South would do. Oh no. As we predicted at the weekend: Problemo.
Yesterday I highlighted HERE a glaring (being charitable) error in the Clarification RNS issued by Tern plc (TERN) in that chairman Angus Forrest was ‘reconfirming’ that £30,000 of convertible debt remained to be converted at 2.016p per share when, in fact, these loan notes had actually expired and should have been repaid by the company on 1 Jan 2015. But there is more.
When Angus Forrest and his board at Tern (TERN) finally got around to addressing some of the issues raised here on ShareProphets regarding wrong filings to Companies House, shares apparently being issued at the wrong price, the non-disclosure of Tern’s beneficial ownership of Cryptosoft etc etc, we were treated to an RNS on 7 Jan 2015. But that clarification RNS – signed off by Angus Forrest and no doubt checked and verified by Nomad WH Ireland (employer of shamed Rangers advisor and China fraud specialist Paul Shackleton) - was, er, wrong.
Rangers (RFC) has announced plans to hold an EGM to vote on a wholesale change of board. The plans are a disgrace, for the EGM is to be held in London at a venue that can hold only 500. Most Rangers shareholders live in Glasgow. This appears a deliberate attempt by Rangers and its shamed financial adviser Mr Paul Shackleton of WH Ireland to disenfranchise fans.
I shall turn to the matter of the forthcoming Rangers FC (RFC) EGM later but the high-handed statement signed off by its adviser Mr Paul Shackleton of WH Ireland yesterday should be viewed in light of a shock revelation I serve up today about his own actions (or inactions) regarding AIM listed China fraud Naibu (NBU).
Companies on AIM are meant to post price sensitive information via the Stock Exchange and under Rule 22 they also have a duty to ensure that it is accurate. But Rangers FC (RFC) is advised by China fraud specialist Mr Paul Shackleton of WH Ireland and so yesterday it posted such (mis) information on its own website only. It then withdrew even that release but luckily I have a screen grab for you below.
Rangers FC (RFC) has still not shown a shred of evidence to demonstrate that in accepting loan proposals from Mike Ashley and rejecting other refinancings it acted in the best interests of ALL shareholders. The Ashley minions who run the Rangers board are clearly loathed by the vast majority of Rangers supporters (rightly so in view of the refusal to provide evidence) and businessman Dave King has stated today that their days are numbered.
Earlier this week I asked if the Board of AIM listed Rangers FC could justify why it had rejected two refinancings in favour of a third proposal put forward by a major shareholder in the club Mr. Michael Ashley. The Board of Rangers FC (RFC) is dominated by business associates of Mr. Ashley. Can Rangers show paperwork to justify its decisions and therefore show that it did not breach Section 994 of the 2006 Companies Act? Rangers has not responded. And so today I have written to AIM Regulation Team asking it to investigate
Rangers (RFC) has announced agreements with SportsDirect for the provision of a £5 million credit facility, with a further £5 million available “subject to due diligence by SportsDirect prior to drawn down”. However, with the company having admitted to “a number of options”, the deal now announced has been criticised as not being in the company’s best interests… We really question whether it breaches section 994 of the 2006 Companies Act. We shall be contacting AIM Regulation asking for a formal investigation. Since they are chocolate teapots, we will also be contacting the Scottish FA asking it to launch a formal probe as it appears a watchdog with some teeth.
On 15 Dec 2014, Tern plc (TERN) put out an RNS announcing that it had a big new institutional shareholder in the form units trusts operated by Marlborough fund Managers, under the discretionary control of Hargreave Hale Ltd. It was a big holding: 8 million shares - 20% of the company all acquired in one go. Wow!
Shares in the fraud Naibu (NBU) were finally suspended on the AIM casino on 9 January 2015 after the NEDS woke up and requested clarification of the financial position of a company claiming to be cash generative and drowning in cash. How long does it take to check this out? What next?
I’ve already scotched a few rumours and outright untruths about Tern plc (TERN) HERE, HERE HERE and HERE and Tom Winnifrith has added to the opprobium several times, in particular HERE. But in the wake of a ‘clarification’ RNS which appeared to seek to set the record straight, Tern’s company chairman, Mr Angus Forrest, is STILL misleading his investors by giving an overstated impression of Tern’s beneficial ownership of Cryptosoft. I would suggest that this amounts to Market Abuse. It is a disgrace. The FCA and AIM Regulation need to act now to stop this. It is an affront to all the regulatory systems in place to make sure that the market is told the full truth!
Pressfit (PFIT) listed on the AIM Casino on August 1 2014. Its first profits warning came within three months. It was booted off the AIM Cesspit yesterday. It is Chinese. I name those responsible for this scandal - firms and individuals - and suggest that all concerned need steep fines and an immediate termination of their City careers and explain why.
It is a special Bearcast as I make a number of Sheriff of AIM New Year Resolutions. And then I go onto to explain why the following are the least wanted men on the AIM Casino and what I plan to do about it to make their working lives a living hell in 2015:
A podcast extra today on the Modus Operandi of China frauds, on a trading statement from China Chaintek (CTEK) that simply does not make sense and serious questions for Daniel Stewart and Mr Paul Shackleton who signed off on this bollocks. I also cover Naibu (another Shackleton "verified" fraud and Jiasen which also announced a load of cobblers today. Reminder for investors in Chaintek and Naibu the clock is ticking. Shackleton you are now a marked man , the Sheriff is on your case.
A good reader spot of another Quindell (QPP) logo discovered in Fort Lauderdale airport. This time the operation in question is in the pizza and meatballs business. Perhaps Rob Terry has pulled off another masterstroke acqusition given the obvious fit between selling meatballs and telematics, mobile doctors, low cost insurance, ambulance chasing, solar panels, indoor golf and scaffolding installation. Or maybe this is where he got the idea for the Quenron logo from? What do you think? Captions in the comments section below. My entry is:
As ever there was no shortage of readers keen to stick the boot into near bankrupt crony capitalist AIM Casino advisor Daniel Stewart (DAN), the firm run by Peter Shea that made millions floating Quenron (QPP). Earlier this week we revealed the shock picture of its IPO department headed by smooth talking Paul Shackleton and asked you for your captions. And the winner is:
Shares in Crony capitalist Nomad and broker Daniel Stewart (DAN) remain suspended on the AIM casino as the financially challenged enterprise has still failed to get its accounts signed off and published. While we wait we have managed to obtain an exclusive image of its IPO Department. This is the part of the firm that brought you winners like Quenron (QPP), Naibu (NBU) and China Chaintek (CTEK), made £1 million raising cash for Globo (GBO) but could not quite manage to float China fraud Fraspens in August. So what will be its next offering? I ask you by midnight tonight to post a suitable caption below.
Let’s face it the firm that floated Quenron (QPP), China Chainek (CTEK) and Naibu (NBU) deserves to go bust so we won’t be able to laugh at Daniel Stewart for that much longer given how its shares are suspended, it cannot get its own accounts signed off on time and is almost out of cash (see HERE). So let’s have fun while we can. With a deadline of midnight tonight lets have your captions for the picture below:
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