Defence Holdings Letter to shareholders – ShareProphets Translation service

Two days ago financial promotion and cash guzzling uber dog Defence Holdings (ALRT) announced a related party deal which stank more than the Neill Ricketts' collection of used Gloucester Rugby Club jockstraps as I explained HERE. The shares tumbled in response so today there us an RNS Reach, an open letter to shareholders from CEO Andrew Roughan who joined just at the year end so we have no idea of how well he is remunerated. The ShareProphets translation service, in bold, is provider below.

Defence Holdings (#ALRT) – “Open Letter to Shareholders” on its ‘Investment Pillar’, RNS Reach attempted ramptastic

BREAKING: Defence Holdings £2m related party stink creates material uncertainty: you just cannot be serious!

I have always been a bear of Defence Holdings (ALRT) and with the shares now languishing at 0.85p I am utterly vindicated. But that is still a £25 million market cap and news today of a £2 million related party deal just stinks, creates a material uncertainty and makes this utterly uninvestable.

Defence Holdings (#ALRT) – fundraising raises £4m at just 1p per share

Defence Holdings: Putting 2 + 2 together, placing ahoy? Either way a stand out £45m short!

I have long pointed out that Defence Holdings (ALRT) is an over-hyped overvalued box of frogs. That the shares have slumped from 4.1p on October 1 last year to just 1.225p today vindicated my repeated warnings. Even today the company is capitalized at £45.5 million which for a cash guzzling company with SFA revenues and very little cash is bonkers. Now can I put 2 and 2 together and suggest that this is still a stonking short.

Defence Holdings: a nothingburger deals spoofs market cap by £7m – you just cannot be serious!

This is bonkers.  A notice appeared on the MoD website prompting an RNS from spoof company Defence Holdings (ALRT) . Natch the release is less than transparent but the gerbils who own this stock are ecstatic.

Defence Holdings – I don’t want to drone on but this is still a stonking short at £28 million

At peak ramp last summer shares in Defence Holdings (ALRT) topped 4p. Today they are just 1.1p. Told’ yall. For those who ignored my numerous warnings back then because they knew better than old TW, I have three questions.

Defence Holdings back to 1.55p but still a storming sell

I was re-reading the interim results from Defence Holdings (ALRT) which came out on 22nd December ( red flag) last night. Yes. I am a sad chap And there is a matter that really screams out at you.

Defence Holdings (#ALRT) – “New National Security Pillar & Strategic Collaboration with Gloucestershire Police”, ramptastic!

Defence Holdings (#ALRT) – agrees CEO appointment, will further update “following completion of contractual arrangements and notice period obligations”

Is Whitespace Global, the development partner of Defence Holdings a straw man?

I shall turn to today’s interims and trading statement from BB darling Defence Holdings (ALRT). Later. Suffice to say that those like Evel Banksta who are short have nothing to worry about. But what of its development partner Whitespace Global Limited. I am the last man to say anything bad about a company hailing from God’s chosen lands of Ulster…but

Defence Holdings (#ALRT) – “Operational Update and Interim Results”, £3.5m loss, cash £2.2m

The share price dual grip of death squeezes on Defence – now where is that “value realization" news?

Defence Holdings (ALRT) promised back in September that the first “value realization” on its AI spoof project Ixian would be in December. We are still waiting both for Santa and for any meaningful news on the Ixian front. I only believe in one of the two promised Advent arrivals and he’s an old guy with a long beard.

Defence Holdings: Two questions

With shed loads of warrants at 0.667p and just 0.1p outstanding and an absurd valuation for a company with no revenues, Defence Holdings (ALRT) is a slam dunk sell. You would have to be a complete moron not to forward sell shares and exercise warrants and the sharps who own the warrants are not morons. But there are two other questions:

Defence Holdings update on its ATM death spiral: anyone holding the shares is insane

Defence Holdings (ALRT) the defence and AI spoof has updated folks on the performance of its ATM death spiral. The share price since it kicked off on October 10 tells its own story.

Defence Holdings (#ALRT) – update on “At-The-Market” facility use

Defence Holdings (#ALRT) – “US OTC Listing, Oracle AI World, and ATM Facility Established”, attempted ramptastic

Updated for congenital idiot Leonardo Notarbartolo, Defence Holdings – everything tells you that this stinks

I do not ever think that I have received a tweet along the lines of “@TomWinnifrith is warning about company X, folks should look at Woodford, Globo, Quindell, all those China frauds, Versarien, all those mini bond scams, etc, he knows his onions, wake up and smell the coffee.” Oh no… as you start to probe to disasters waiting to happen like Defence Holdings (ALRT), it is only a matter of time before some utterly obsessed cretin with half a dozen followers goes onto X to demand:

Defence Holdings (#ALRT) – “strategic partnership” with Whitespace Global for “defence-focused software applications and AI agents”

Defence Holdings (#ALRT) – appointment of Andrew McCartney as Chief Technology Officer