BREAKING: A final kick in the gonads from Lyin’ James Draper to Bidstack shareholders

Lyin’ James says that he was “delighted” to share this news on LinkedIn. He and his fellow directors at Bidstack (BIDS) have done a prepack deal with the administrators of the PLC to buy the operating businesses, Bidstack Ltd. Without management they would have had sod all value so as the only bidder they will have paid buttons. The administrator will get its costs mist creditors, parked in PLC not Ltd, will take a monster haircut, shareholders will be wiped out. And Lyin’ James et al sail on, running a business created with £40 million of other folks' cash.

GOTCHA: Ouzo on Cornflakes No 1: Bidstack goes bust

How Mike Turner, the cross dressing IT consultant from Northampton, and also the Jew hater who thinks I conspire with Mossad to attack his beloved Bidstack (BIDS), and disgraced CEO Lyin’ James draper must be wailing and gnashing their teeth this morning. But for the Sheriff of AIM it is ouzo on cornflakes time and another big vindication as Bidstack (BIDS), about which I have warned around 340 times right back to April 2019 has gone bust. As the blessed Margaret said, as we sent the Argies packing in South Georgia: “just rejoice at that news. Rejoice.”

Bidstack (#BIDS) – @tomwinnifrith Gotcha! 2, intention to appoint administrators, shares suspended

As Bidstack looks set for insolvency, the words of the man who reckons it is all down to the evil Israelis and their paid lackey Tom Winnifrith

On the ADVFN Bulletin Board Aidenabettin was a fully fledged Jew hater well before it became such a fashionable thing to be on campuses across the West. If Bidstack (BIDS) had any problems it was ALL down to the Israelis and to their paid lackey my good self, a FUD. The classic work of this loathsome anti-semite I exposed HERE.

Bidstack – those dreaded words “strategic review” – The fat lady should book a gig for April Fools day

Oh dear, oh dear. As so often predicted, the stockmarket career of Lyin’ James Draper and Bidstack (BIDS) really is going to end in tears. That is bad news for cross dressing IT consultant Mike Turner, a celebratory ouzo for the Sheriff of AIM.

Bidstack (#BIDS) – unable to make further loan drawdowns from Irdeto, so now cash crunch ahoy “strategic review” desperation

Bidstack shares soar as settles, i.e caves, to Azerion – morons need to do the maths

The morons really have not done their maths. Bidstack (BIDS) may have settled its dispute with Azerion and will be getting 3 million Euro (£2.6 million) but it is still utterly fecked. A 153% share spike today is a selling opportunity for any cross dressing IT consultants still owning the shares. Let me explain.

Bidstack (#BIDS) – settlement and new commercial partnership with Azerion

Letter to AIM Regulation – will you ever act against Bidstack about its lies & rule breaches?

Not for the first time I have written to AIM Regulation about the rule breaking antics of Bidstack (BIDS) and its disgraced boss Lyin’ James Draper. The fact is that it is the failure of the Oxymorons to act against previous transgressions dating right back to the year of its RTO in 2018, that encouraged Draper to carry on lying and deceiving mug punters so that they have lost nearly all their money . Now as Bidstack slides towards insolvency, as I showed yesterday, it is probably to late to get it to change its ways but pour encourager les autres…

Two posters on the LSE Asylum surely facing life bans for the cardinal sin

It is the Bidstack (BIDS) thread and I fear that user555 and GirdZ will be hauled up and banned for life for posting something deemed more unacceptable than a Laurence Fox monologue on GB News. Yes...

MORE VINDICATION FOR THE SHERIFF: Bidstack – you could not make this related party shitshow up but they did!

Cross dressing IT consultants from Northampton and other fools who knew better than the Sheriff are spitting out their cornflakes in anger this morning because Bidstack (BIDS) has today served up a shit show so bad that even I did not expect it. It’s a disgrace even by the standards of the AIM sewer. So much of a disgrace that 2 directors have resigned with immediate effect. Put it this way, ex COO Camila Franklin, I would not want to shag your CV after your 12 month stint at this con.

Bidstack (#BIDS) – COO Camila Franklin “to step down… with immediate effect to focus on other business ventures” after just 12 months

Bidstack (#BIDS) – H1 loss up to £5m, cash down to £2.1m

Bidstack RNS spoof: as the Fat Lady gears up for a gig before Christmas where is that death spiral?

On 20 June Bidstack (BIDS) was forced to finally forced to publish its diabolically bad calendar 2022 results. Although it had £8.7 million left in its piggy bank at the year-end – thanks to a placing undertaken by misleading investors – the projected cashburn in 2023 thanks to the Azerion deal blowing up means that by Guy Fawkes night the company will have run out of cash and gone up in smoke.

Bidstack (#BIDS) – “advertising sales partnership”, no financials (natch)

Bidstack (#BIDS) – non-executives Donald Stewart and Glen Calvert to stand down and notes a ‘board review’. Hmmm!

Bidstack – sack the board GM to go ahead but it looks doomed even though Bidstack admits rebels have a point

The real issue for Bidstack (BIDS) is that it is rapidly running out of cash and, with the shares at just 0.725p, giving a market cap of just £6.75 million it will be incredibly hard for the death spiral provider with whom it is talking to find enough liquidity to fund a material amount. So the company may well be brown bread by the Autumn anyway. As such, who steers it onto the rocks is irrelevant.

Bidstack (#BIDS) – requisitioned board changes General Meeting to be on 27th July, desperately now agrees with “major shareholders” to a review

A suggestion for Lyin’ James Draper as I like to be helpful

I described earlier how a group of malcontent shareholders in Bidstack (BIDS) are endeavouring to have three directors and possibly the chairman removed and to replace them with the lead malcontent Nick Hargrave. I think their cause is futile but should you really back Mr. Hargrave? I have a helpful tip for Lyin’ James Draper, Bidstack’s useless boss, on how he can fight back.

UPDATED: Bidstack – Trouble at t’ Mill: shareholders want boardroom sackings, Merchant banker/twitter troll to the rescue?

Still trying to negotiate a death spiral in order to avoid a looming insolvency, hopefully being investigated by AIM Regulation for not flagging up revenue/cash issues before the last placing, you thought things could get no worse for cash guzzling Bidstack (BIDS)? Think again…