Bad news for AIM - Class Action against Cantor Fitzgerald re African Potash fraud fails to get off the ground

African Potash (AFPO) released 2 RNS statements about claimed deals in Southern Africa,. The shares raced ahead. Nomad Cantor Fitzgerald and its QE Mr Stuart Dick signed off on those RNS statements but cannot have bothered to check the original documentation about those deals. Because I got hold of that documentation & published it and that showed the RNS's were misleading. But they caused a share spike allowing a bailout placing to go ahead.

BREAKING: African Potash - lawyers letter to Nomad Cantor Fitzgerald is incoming!

It does seem like this is dragging on but the class action group of shareholders in what was AIM listed African Potash (AFPO) seeking compensation from Nomad Cantor Fitzgerald for allowing untrue RNS statements to be issued, seem on the verge of actinn.

African Potash (#AFPO) – name changed to Block Commodities (#BLOC) as to focus on ‘blockchain ecosystems’. Hmmmmmmm

African Potash (#AFPO) placing for £400k and guess what ...its getting into Blockchain too

BREAKING: Three rats desert the sinking fraud ship that is African Potash - but when did they jump? Oh dear...

On 25 October the fraud African Potash (AFPO), now listed on the NEX lobster pot having been slung off AIM, managed to raise £60,000 gross (call it £45,00 net) at just 0.06p to keep the lights on. It is still drowning in liabilities and clearly insolvent. Hey ho, wind forward 12 days to today....

African Potash litigation update - now almost 100 claimants

There is another update on the potential claim against Nomad Cantor Fitzgerald for its negligence in allowing the fraud African Potash (AFPO) to post utterly untrue statements to ramp its shares ahead of a rescue placing. Peter Petyt who is co-ordinating a claim for more than 100 aggrieved shareholders writes:

BREAKING African Potash Class action against Nomad Cantor - chocks away next month

The whistelblower who assisted me in exposing the fraudulent statements made by lyin' Chris Cleverley and African Potash (AFPO) and signed off with no attempt to verify by Stewart Dickson at nomad Cantor Fitzgerald has now assisted those investors who want their money back. Praise be the Lord, Cantor is in the merde.

Stuttard’s Septic Seven – August update and news from African Potash

It is August and Marcus Stuttard, the head of AIM, sees his portfolio of AIM stocks selected for him get to within 40 days of a full year. Out of the seven three have been booted off the market, one is suspended (no accounts) and the other was booted off AIM but got listed on the NEX lobster pot until it was suspended on that market as well. But Mr Stuttard is completely happy with the regulatory environment of the world’s most successful growth market.

BREAKING: African Potash FRAUD - Nomad Cantors will be sued by 3 investors - case gets green light (Cloudtag next!)

This has massive implications for the AIM Casino. We saw last week that the London Stock Exchange was washing its hands of tackling Nomads who sign off on frauds and so allow investors to lose all their cash to shysters. Now the private sector moves in. I can reveal today that Cantor Fitzgerald will be sued by investors who lost money on the African Potash (AFPO) fraud because it was negligent in signing off on fraudulent releases. If this case wins the floodgates are open...

Sheer Comedy from the African Potash fraud and London's most morally bankrupt adviser Alexander David

When African Potash (AFPO) goes bust and its boss lyin' Chris Cleverley has to look for another job he should have a crack at comedy. His release at no-one is watching O'Clock yesterday was pure genius.

Adviser Alexander David shows itself morally bankrupt - agreed to act for FRAUD African Potash (#AFPO), raises it £50k

African Potash - will the fraud be thrown off NEX on Monday or will the establishment bend the rules for Lord Hain of Sleaze?

To be thrown off one market because your adviser tired of signing off on lies is understandable, if you are a fucktard in AIM Regulation who does not care about fraud. But, to paraphrase my fellow Anglo Irishman Mr Wilde, to be thrown off two markets for that reason looks like carelessness. And that brings us to the fraud African Potash (AFPO).

Cantor Fitzgerald, are you sweating yet over the African Potash fraud on your watch... tick tock

Of course Cantor Fitzgerald is so large that it could afford to compensate all of the 70 or more investors working with Peter Petyt and this website to try to recover losses from the African Potash (AFPO) fraud. But the publicity of a case would be hugely embarrassing so sordid would be the revelations. Anyhow just 10 days more sweating for Cantor...there is an update from Petyt.

African Potash - like Dracula, seemingly unkillable but in the end...

You would have thought that having not one but two advisers resign because they would not sign off on its lies, being out of cash, having its shares suspended on NEX after being slung off AIM would be enough to kill African Potash (AFPO). But it appears that the holy water, the garlic, the silver crucifix, the stake through the heart and all the other tools in Van Helsing's bag are not enough. But remember, in the end the Count will die.

African Potash: Crack out the ouzo, adviser Peterhouse quits it is game over

"Lyin' Chris Cleverley, fascist lawyers Memery Crystal,, NED Declan O'Brien,clueless accountants RSM Tenon, SA sleazebag MP Mark Simmonds, Phil Edmonds, Andrew Groves, we have beaten them all, we have beaten them all!. Lord Hain of sleaze, can you hear me? Lord Hain of sleaze ... your boys took a hell of a beating! Your boys took a hell of a beating!" Yes I think we can now declare victory in the war against African Potash. It never ends well for frauds especially those who hire fascist lawyers to send wanker letters to The Sheriff of AIM.

OUZO TIME! African Potash (#AFPO) NEX markets adviser Peterhouse quits - the game is up for the fraudsters!

Winner of Bulletin Board Moron of the Week Contest sponsored by Diane Abbott MP

In this week's contest we were looking for special examples of folks who learned their maths the Diane Abbott way. It seems the regular ShareProphets' rogue's gallery was nominated. But we could choose only one.

African Potash fraud - litigation update

The case for suing Nomad Cantor Fitzgerald over the African Potash (AFPO) fraud builds. It may be that CEO Lyin Chris Cleverley is also sued by shareholders who lost out although it is suspected that he has little in the way of assets so it may be worth sticking with Cantor. The man running the case Peter Petyt has just sent the following update with intriguing new information:

African Potash - update on legal action against those who facilitated this fraud

As you know I have been keen to ensure that all those who cost investors millions of pounds in facilitating the fraud that was African Potash (AFPO) face justice. Thus I have been pushing to assist those who did lose to get some of their cash back with a legal case against the Nomad Cantor Fitzgerald. The man in charge of that is Peter Petyt who has just sent an update to those who have contacted him. If you lost money and want to get on board it is NOT to late. Peter writes...

Winner of the Bulletin Board moron of the Week, sponsored by African Potash

Of course, of course, of course, the winner this week has to be a Cloudtag (CTAG) supporter. If moronism could be converted to energy, there would be no need of windmills and a Cloudtag supporter would be plunked into the ocean every 500 metres all around this island.