The maths look pretty clear to me. Perhaps penny share huckster Colin Bird would want to explain why I am wrong and Bezant Resources (BZT) is not technically bust yet?

With normal companies and normal investors, one assumes that if a big stockholder has been selling you will see a TR1. But in some cases you would be wrong for making such assumptions. You will remember that Genflow Bioscences (GENF) was created for the Standard list by convicted penny share pump and dump fraudster Ron Bauer and his “known associate” Adrian Beeston. After the IPO at 8p in January of this year family Beeston and Bauer held c20% of the equity. Today the shares slumped to just 1.9p

On 14 October Richard Poulden’s Valereum Blockchain (VLRM) the cash guzzling POS ramped by David Lenigas announced that it had switched Aquis adviser from Peterhouse (credible) to First Sentinel (er…). Poulden presented this as a triumph tweeting, disingenuously,:

Eve Sleep (EVE) floated on AIM in May 2017 just two years after it started trading. It brought in Paul Pindar which had listed Purplebricks (PURP) the disruptor – no sniggering at the back – of estate agencies to help disrupt the world of mattresses which also needed disrupting. And Neil Woodford, whose funds owned 18% after an IPO which raised £32.8 million, was not the only fund manager who was made to look like a fool. Here is Luke Hakes of Octopus writing just after the IPO:

Over on twitter Richard Poulden and his fellow Australian hustler, the shameless penny share ramper David Lenigas, are claiming that Valereum Blockchain (VLRM) changing adviser is good news. Whatever….Back on planet earth.

Yesterday saw interims from Bezant (BZT) and Caerus  (CMRS). Has Colin Bird deceived us all? Have King of the spivs Jon Bellis and London's worst nomad, Roland "fatty" Cornish signed off on a work of complete fiction? I think they have and that Bezant shares should be suspended ASAP and Bird's career of penny share hustling broughtto an immediate close. All is  explained in today's podcast. 

We have already apologised a number of times for any suggestion made on this website that Mr David Lenigas was a penny share promoting spiv rather than an objective mining analyst who is so honest and insightful that he must be regarded as a national treasure. But in that vein, the third greatest living Australian after Mr Peter Tatchell and Mr Barry Humphries, appears to have suffered a spot of amnesia when issuing the tweet below yesterday.

If I have ever suggested that Mr David Lenigas is a shameless penny share promoter and all round spiv prone to grotesque exaggeration whose clumsy ramping has helped to turn AIM into the sewer that it is, I should like to apologise. And I mean that most sincerely. The tweet below, about a stock where I may have a minor interest, although that in no way influences me, shows that Mr Lenigas is a world class mind whose pithy objective analysis of mining stocks makes him a national treasure. Let the record stand corrected.

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.

In the old days of editing this website, flip flop Ben Turney would skewer penny share promoters for deceiving investors. These days, flip flop runs Sub Standard Listed Kavango Resources (KAV), which today raised £750,000 at 3p, Friday’s closing offer price.  The RNS is bure bunkum, but there is worse.

I trust that numerous warnings from myself and Lucian have allowed you to make good money from shorting Cineworld (CINE) all the way down. The shares have collapsed this week on news that it has lost a Canadian court case and is on the hook for C$1.23 billion but that merely accelerates the end game here. Do not even think of closing your short at 31p.  My target is buttons. Post an inevitable debt for equity swap and bailout placing this is a penny share.

Hello, Share Scramblers. This ageing punter has seen it all before. When the Footsie is stuck in the mud for weeks, it’s a sign a handy jump is on the way. The typical path of shares now is three steps up and two back. This means very slow progress. So we need to be patient.

T

This is the second dreadful trading update from Supply@ME Capital (SYME)  in the space of six weeks. It demonstrates that the company will soon run out of cash and has hoodwinked mug punters to allow industrial scale director share sales and dumping by death spiral providers. If the FCA does not act on this latest clear evidence of outright fraud, it really is admitting that it is not fit for purpose. Anyone still holding the shares is insane and here is why.

You cannot say that you were not warned numerous times that this crock would collapse but natch Bulletin Board savants and the paid promoters such as Vox Markets knew better. Today Salt Lake Potash (SO4) has appointed administrators in Oz and the Fat Lady is belting out a chorus of Waltzing Matilda. Of course the blame lies with the ex CEO, the aggressive penny share bullshitter Tony Swiericzuk, who “was resigned” on 27 August.

The top non-Tom article this week is Castings – profit warning… but only for the near-term?… by Steve Moore at number eight or number 14 if you include the Bearcasts.

If you wondered where the fantastist penny share spiv Chris Oil had got to, I fear that news from the man who lives with mummy and daddy in a fake castle does not seem good. I revealed that he was on the hook to his erstwhile pal Brokerman Dan Levi for £150,000 a year or so ago. Luckily for all the talk of shotguns and past villany, the reality is that Dan is too much of a nice guy for his own good and has yet to issue a formal statutory demand against Mr Oil which would lead to the fantasist being declared bankrupt. But …

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?

As I write, shares in Braveheart Investment Management (BRH) are 11% off at 27.25p valuing this crock where Trevor Brown is the CEO at £11 million. But now that folks appear to have wised up to the pump and dump activities of Brown, what is fair value? I suggest 5p and here is why.

First up, thanks for all the tenners for Ian Westbrook. We still have two days to hit the £20,000 make loathsome Neill Ricketts sweat target and are now on £14,694. We are still talking to two potentially generous donors so please do keep the tenners flowing HERE to stop the Versarien (VRS) penny share huckster winning by default. Then onto lying on AIM and also covering up bad news with late releases. I look at Supply@ME Capital (SYME), Verditek (VDTK), Powerhouse Energy (PHE), Cellular Goods (CBX), Escape Hunt (ESC) and, of course, the fraud Zoetic (ZOE). The stench of chumocracy corruption is rife in the City as liars go unpunished. It is most depressing.

If this is not a sign to sell all your shares I do not know what is. The list of rogues with zero experience of managing money but who are veterans of ramping penny share frauds and promotes who are involved here is such a massive red flag.  Lift Ventures was set up with £50,000 from the paid for penny stock ramping site LSE Share Talk on 13 May. The lead director who, it appears, will be managing its investments is Zak Mir who has never managed other folks money in his life bar the generous handouts he got from his parents as pocket money when at Harrow.

I questioned the other day whether Justin “the Clown” Waite was somewhat lax in his personal holdings disclosures with regards to penny share dreadfuls that he was pumping and, perhaps dumping. But that is not the real scandal of Vox Markets where the clown is not only an employee but a director. And who has revealed the real scandal? The clown himself!

Hat tip to Roger for pointing out what Britain’s leading chanteuse is missing out on as she celebrates her 38th birthday. No it cannot be true, can it? Elsewhere I look at Hurricane Energy (HUR) and the antics of Crystal Amber, at Verditek (VDTK) and at how TR1s are abused by penny share hucksters and rampers.

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.

Following its very belated admission that the face nappy market had imploded, Remote Monitored Systems (RMS) needs a new way to promote its shares. Today’s effort will not impress even the most credulous of its deluded followers – an £80,000 sale to a £3 company. Whatever…

I am beginning to think that foul-mouthed troll and penny share huckster Chris Akers is not the Wolf of the AIM sewer after all but that this title really belongs to Trevor Brown, a man who is completely shameless.

We have local elections coming up and as a loyal citizen I value my vote. The problem is that given the state of national politics I just have no idea what to do: I’m against pretty much all of them!

The shock suspension of All Active Asset (AAA), the plaything of foul-mouthed troll and penny share huckster Chris Akers, was especially painful for one shareholder – the proven liar John Story as he faced big margin calls in the fraud Zoetic (ZOE). How to meet those margin calls? Well I have established that he is on a lock-in at Cellular Goods (CBX) with his 15 million shares. Has he stuck to that lock-in? Enquiries continue. If he has sold even one share then he needs to issue a TR1 as he is on 3% and that would be a bit embarrassing given the lock-in.

To those like market abusing foul mouthed troll and penny share huckster Chris Akers who calls me a TWat or to the legions of Bulletin Board morons owning shares in frauds such as Zoetic (ZOE), Supply@ME Capital (SYME), etc who insist that I am a complete joke who can be ignored as they know better, this is for you. Yet again the Financial Reporting Council, the FRC, has taken direct action against a listed company because I alerted it to wrong doing. Yet again it writes to thank me. Folks that count take the Sheriff of AIM seriously, foul mouthed penny share hucksters and morons you are deluding yourselves.

Yesterday I exposed how penny shares hucksters Chris Akers and Johnny Mahtani were, in a private Telegram chatroom, discussing concerted share buying by themselves and others, something which looks very much like market abuse. Today the shares have been suspended.

I will not advise others to buy shares in Jubilee Metals (JLP) while penny share huckster Colin Bird remains chairman and there are institutions who want to buy but will not do so until we are given a timeline for the exit of a man who sold all his shares, into a ramp, at 13p earlier this year. But, as a loyal shareholder, I am not selling at today’s 17.6p (although I paid sub 4p) after a Zambia copper update which was everything I could have asked for and more. These shares could be 40p+ by some stage in 2022 if Bird does the decent thing and walks. So why the excitement?

The company is All Active Asset Capital (AAA) a grossly over-ramped and over valued AIM sewer promote when penny share spiv Chris Akers is involved. Soo too is Johnny Mahtani the boss of Media Tech SPAC a murky, newly formed, company backed by Akers planning a stockmarket listing within months. There is a private Telegram group where Akers, Mahtani and others pump the stock. The screenshot below is from yesterday evening.

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!

Say what you like about serial penny share spiv Chris Akers but if there is a bandwagon to be jumped on he is always the first to hop on board and usually, having taken his grubby turn as gullible private investors pile in, Akers is the first to exit. And that brings us to SPACs and one in particular.

Oh dear, oh dear, oh dear. That used to be the catchphrase of disgraced penny share tipster Mike Walters of Minmet, 3DM, Polly Peck, Pursuit Dynamics, etc, etc infamy. I wonder if he will be using it today as the Verditek (VDTK) dog he has promoted so aggressively has coughed up to another lack of sales warning. It means that a bailout discount placing is inevitable within the next couple of months but natch the company, chaired by Tory Toff Lord Willetts, polishes the turd.

Bulls of Remote Monitored Systems (RMS) or paid penny share hustlers, such as LSE Share Talk, are forced to make extraordinary projections about sales of Pharm2Farm face nappies in order to justify urging folks to chuck their cash down the pan by buying these shares. For the current valuation is bonkers. Just see for yourself and ask a few questions.

I warned folks on 22 January that cash shell Ridgecrest (RDGC) was, at 3.1p, a £13.5 million accident waiting to happen. With folks such as the penny share hucksters at LSE Share talk, employers of disgraced promoter Zak Mir, in full on spiv mode, folks were piling in even though the company had cash of just £2 million and no other assets. It was insane. Still, if Zak says the shares are a buy…

Of course, I am not influenced at all by my ownership of a significant number of shares in Wishbone Gold (WSBN), at 15p valued at £24 million. I note the claim, below, by Mr David Lenigas that Wishbone’s gold asset may offer a bigger gold target than that of Greatland Gold, market cap £856 million. If I have ever given the impression that I consider Mr Lenigas a penny share pushing stock promoter prone to laughable hyperbole I would like to apologise. The man, as you can see below, is the most prudent and conservative analyst of high quality gold stocks in Britain today. He is a National treasure.

Though he does not declare so in the tweet below, he has elsewhere: penny share huckster and known associate of Zak Mir, Mr Alex McKinley is a shareholder in joke company Remote Monitored Systems (RMS). You know, the maker of masks to stop covid spread that are so good its site turned into a covid hot spot. Yes, that fine enterprise.

I warned you on Friday that with the scoundrel penny share spivs at LSE Sharetalk, the house of Zak Mir, ramping away, the 3p share price of AIM shell Ridgecrest (RDGC) was insane and that even broker Peterhouse which has only last Wednesday raised £2 million (gross) at 0.6p would be vaguely embarrassed. Indeed, that seems to be the case as now the company has been forced to issue a statement.

All this needs now is for Harriet Dennys of the Mail on Sunday to claim that this company has a £6 million war chest (it does not) and Pineapple Power (PNPL) will show everything that is wrong about UK smaller companies markets, especially the FCA regulated, no sniggering at the back, Standard List.  Let’s start at the beginning.

I guess with shares in Supply@ME Capital (SYME) now suspended, the paid for penny share ramper Alex McKinley of LSE Sharetalk, employer of the Sith Lord Zak Mir, needs to find other shite to promote with ludicrous targets plucked from thin air. I flagged up one zero sales entity enjoying full on ABM pumping here, now have a butcher’s at Ridgecrest (RDGC) which this loathsome sewer dweller is pumping today.

Iconic Labs (ICON) has a history of deceiving investors as long as your arm. That history today got even longer with City penny stock shufflers Shard Capital at the heart of the latest deception.  The RNS reads: “Firm Placing, End of EHGOF Share Issuances and New Conventional Debt Facility. “ But that simply is not true.

I reckon that my losses on Wishbone Gold (WSBN) are now down to around £25,000. In that vein, I should like to apologise for any suggestion that Mr David Lenigas is an unscrupulous ramper of penny shares and make it clear that he is a thoughtful analyst who does detailed research before taking to twitter. For he is at it again.

Shares in this company have more than trebled since we last advised folks to by. The more proactive Australia Securities Exchange made a “price and volume query” after recent increased volumes and share price in Berkeley Energia (BKY) – and the company has now produced its response…

Hello Share Feelers. You'll have noticed tht the Dow is once again tickling all-time highs. This is odd, given that the trde war with China shows little sign of cooling down. However, the big American traders have always had more optimism in their genes than their UK counterparts. The health of American shares may also have something to do with US traders prefering to invest in their home grown stock rather than risk it with Brexit-torn Blighty and indeed with the rest of a beleaguered Europe

Hello Share Treaters. The maths of penny shares can throw up some interesting stats. And it’s one reason why I invest some of my assets in them. Of course, there are some downsides to the calculations. So let me try and list both the advantages and the snags.

Over the weekend I flagged up all the red flags surrounding the curious RTO of Adam Wilson's Atlantic Carbon by Peter Shea's worthless Daniel Stewart Securities and the enlarged group's planned Standard Listing. Notably I explained the horror's in Atlantic Coal's accounts and the daft $86.8 million valuation put on Atlantic by See Through Equity in the note below which is on Atlantic's website. Uh Oh...

Having exceeded 40p in 2017, shares in Creightons (CRL) fell to below 20p early this year following a trading update including that “the group has outsourced supply of some branded products lines. This has impacted upon the profit margins of these lines. Therefore, the board has concluded that the full year profit before tax is likely to be marginally lower than last year”. However, that was because of “demand out-pacing capacities in our factories ahead of planned expansion in manufacturing capacities”...

Hello, Share Walkers. Anyone not subscribing the measly £5.99 a month to reap all the trading advantages of this beautiful website is probably taking an unacceptable risk. Especially at this time of year, when you still have a chance to sell your losers to cut your capital gains bill.

Hello Share Manglers. It’s that thrilling time of year when this old punter arrogantly chooses your New Year resolutions for you. And please make sure you heed them this time if you want (possibly) to make the most of your profits in 2017.

Kosovo and the Balkans region-focused marble company, Fox Marble (FOX) has announced participation in a “landmark venture formed with the Kosovo Government” aiming at “a world class new stone industry for Kosovo” and “a much wider marketing, sales and distribution platform” for Fox…

Distil (DIS), the owner of premium drinks brands including Blackwoods Gin and Vodka, RedLeg Spiced Rum, Blavod Black Vodka, Diva Vodka and Jago's Vanilla Cream Liqueur, has announced results for its year ended 31^stMarch 2016 and that “we look forward to further growing revenues and expanding the reach of our brands over the coming year”.

Since Tungsten Corporation’s  (TUNG) share price peaked around 400p just over a year ago, prompting its then boss, Edi Truell to brag about the £400 millionn Market cap at the AGM, the market retribution has been savage and unrelenting. The shares are down over ninety percent and that’s after raising a further £30mn in the markets. (Memo to CEOs out there: Never brag about your shareprice)

So what was Rob Terry doing hooking up with the Bahamas based financial criminals back in 2011 when he floated Quindell (QPP)? Answers on a postcard to the Serious Fraud Office (SFO) I suggest.

Hello Share Sappers. I beg your indulgence to return to Feedback (FDBK), the company which uses whizzo computers to help diagnose and monitor many types of cancer. As reported previously, this could be a topping investment. Though, as per usual, we should always add a cautionary note about medical pioneers.

At a time when many are avoiding oil and mining shares I still think there are some that offer great value long term. If you want a penny share where you could double your money overnight then there is no point reading further, but if on the other hand you’re looking for an investment that could yield significant returns in coming years when commodity prices recover, Vedanta Resources (VED) should be on your list.

Investment Case: September-announced interim results from Universe Group plc (UNG) saw the company report “delays in getting customer go-ahead for planned projects… (but) significant progress in establishing our refreshed product set in our chosen markets… We look forward to strong trading in the second half of the year”. The shares subsequently fell towards 5p having been 7.5p early in the year. However, there is clear evidence that trading momentum has indeed since been positive and with the shares still now available at a 7.5p offer price, they are a penny share buy.

Fox Marble (FOX) has updated that, with much of the 2014 order book having been pushed into H1 2015, 2014 reported sales are expected to be only around €150K, though that it is “encouraged by the strong finish to the year in terms of deferred income, signed offtakes and sales agency agreements” , with “confirmed orders to date for 2015 currently stand at €1.5m of block and slab marble”.

Hello Share Freaks. One of the jolly benefits of the Santa Rally is that it provides a bit of excitement when real corporate activity is in a down period.

Fox Marble (FOX) has announced an offtake agreement for €1.5 million of block marble in three six month tranches and which will see it receive an immediate €250,000. 

Hello Share Scrunchers. I read in my paper that a woman who bent down to kiss her guide dog good night, and banged her bonce on a coffee table, can now see again. How’s that for a rare good news story!

Hello Share Shunters. Dedicated ShareProphets poster Wild Rides is a very wise and - judging by his frequent posts on this merry website - a very experienced share shifter. He and I are occasional investors in a penny share outfit which goes up and down like a yo-yo some of the time.

Symphony Environmental Technologies (SYM) has announced EBIT of £0.41 million, up from £0.21 million, for its core business in the first half of its current year to end 2014 and that it is “excited by the opportunities and markets that have been opened so far, and anticipate second half performance to at least match that of the first half with many opportunities expected to come to fruition during 2015”.

Hello Share Wafters: When shares fall there is a perception that we should sell before things get worse. Whenever I have tried this, my recently-sold stocks have staged a miraculous recovery.

It is David Evans of Axis Shield fame again. AIM listed Collagen Solutions (COL) at 7.875p is capitalised at £5 million, has net cash of £1.1 million and is forecast to hit profitability in the year to March 31 2016.

International specialist staffing group, Empresaria (EMR) has updated at its AGM that it “has made a promising start to the year” and “remains on course to meet market expectations for the full year”. Jolly good. We are now 58% ahead on an offer to bid basis on this share tip but there is more to come.

Mosman Oil and Gas (MSMN) recently caught my eye when it listed on AIM and its share price doubled a month or so later. At its peak of over 15p ten days or so ago I’d have been very wary of buying, especially as it had risen so fast and only has a market cap of circa £6 million, with just 61 million odd shares in issue.