PKF signed off oh the fraudulent prospect us of Regtech Open (RTOP) and, following my complaint on Friday, the FRC has already confirmed it is looking into that matter. But today I am dropping Mr Roberts a note on another matter.
Over on twitter there seems a mini spat after a bloke who has blocked me so I cannot see what bile he tweets has come up with one of the oldest canards going.
There have been two bombshell exposes this weekend about Eight Capital Partners (ECP), the £46million company whose adviser is Liam “the toke” Murray of Cairn Financial. First thing Tuesday Eight should be forced to issuing a statement. I suggest that the evidence that it is worthless is now compelling and have written to Liam as you can see below, ccing in Aquis Regulation.
Auditors PKF Littlejohn have been associated with a number of companies in the Dominic White/ Alessandro Zamboni stable so it knows which way its bread is buttered. However when it comes to sign off on the 2023 accounts of Eight Capital Partners (ECP) surely it cannot dodge the bombshell which will blow up the balance sheet.
The Dominic White/ Alessandro Zamboni empire is collapsing. Dispensa (DISP) has been delisted and seems unable to find anyone to audit its books or pay its bills. MaxRets Ventures (MAX) and its dodgy accounts are now being looked at by the FRC and it is technically insolvent as are Regtech Open (RTOP) and the king fraud Supply@ME Capital (SYME). But today’s shocking revelation is about Eight Capital Partners (ECP), a £46 million capitalized Aquis listed financial advisor.
Yesterday I celebrated the massive revisions to Eight Capital Partners (ECP), 2021 accounts as a result of my good works with the FRC. But Eight also published its 2022 numbers this week and guess what?
Yesterday Eight Capital Partners (ECP), the bastard cousin of the fraud Supply@ME Capital (SYME) released both its revised 2021 accounts and its delayed 2022 accounts. I start with the revised 2021 accounts as I had previously reported Eight to the Financial Reporting Council on 18 July 2022 about those numbers. So, yes, this is yet another win and validation of my work. When Eight fessed up to the FRC ongoing investigation on 3 July it stated that revised accounts were being prepared but with no indication of the scale of the revision.
Eight Capital Partners (ECP) shares remain suspended as a result of my letter to the Financial Reporting Council about its inappropriate accounting treatment of its investment in the 1AF2 Limited bond described below in Eight’s RNS of 3 July 2023:
On 18 July 2022, I wrote to the Financial Reporting Council (FRC) reporting what I considered to be material non compliances with IFRS accounting standards in the accounts of Eight Capital partners (ECP), the bastard offspring of the Supply@ME Capital (SYME) fraud, for the year ended 31 December 2021. Natch’ the morons said I did not know what I was talking about or that nobody would pay any attention. Today 100% vindication with a share suspension.
The bastard little brother of the fraud Supply@ME capital (SYME), is the Aquis comedy show that keeps on giving. How can Aquis expect to be taken seriously when it offers a platform to rogues such as Eight Capital (ECP) bosses Dominic White and David Bull of PCF infamy. Today Eight has launched a £10 million fundraise at 0.02p. Its market cap at 0.025p is just under £4 million and even that is mighty generous. By about £4 million.
Disgraced Aquis listed Eight Capital Partners (ECP) has today published its interim results for the six months ended 30 June 2022. The numbers were piss poor with revenue of just £58,000 and a loss before tax of £506,000. And they were non compliant but who cares as this is the bastard little brother of Standard listed fraud Supply@ME Capital (SYME).
Eight Capital Partners (ECP), the Aquis listed vehicle of Dominic White,, the man behind the listing of the fraud Supply@ME Capital (SYME) has served up a trading statement. It is a hoot. It is almost as if the shameless White is a bit embarrassed.
Is it good news that the bastard little brother of the fraud Supply@ME Capital (SYME), Eight Capital Partners (ECP) has lost its CEO? Normally a shock departure after just 11 months as CEO is bad news. But this CEO in question is toxic.
Following my expose of the amateur and rule breaking accounts of Eight Capital Partners (ECP), the bastard little brother of the Supply@ME Capital (SYME) fraud, I have written to my good pals at the Financial Reporting Council asking for a formal investigation into Eight and its auditors PKF LittleJohn and audit partner Zahir Khaki. The letter is below:
Oh dear, oh dear. This should be another massive red flag for the morons who own shares in the Supply@ME Capital (SYME) fraud to ignore. It will also prompt a formal complaint to the FRC about auditors PKF Littlejohn and Eight itself.
Eight Capital Partners (ECP) is blessed with having as its chairman Dominic White, one of the brains behind the Supply@ME Capital (SYME) fraud and until recently its chairman.It also has as its CEO David Bull whose accounting blunders have created a massive black hole at AIM Listed PCF (PCF) causing its shares to be suspended. Bull chairs the Audit Committee, no sniggering please, at Supply. And Eight is, via a complex structure enabling Supply boss Alessandro Zamboni to dump all his remaining shares in his Standard Listed scam. What’s not to like? Oh yes: Eight has fallen foul of the Companies Act.
It is hard to know where to start with the ludicrous announcements from Aquis Listed Eight Capital Partners (ECP) controlled by former Supply@ME Capital (SYME) boss Dominic White. But having seen the FCA overlook industrial scale fraud at Supply, in its capacity as , ahem, “regulator” of the Standard List, White says he is going to move Eight to the Standard List. Surely the FCA has to reject this application? Why?
This really is Alice in Wonderland stuff. Sitting on the big mushroom is Dominic White, the ex-chairman of the Supply@ME Capital (SYME) fraud but also boss of Aquis listed Eight Capital Partners (ECP) whose last stated net assets were just £40,000. Now Supply promoter Zak Mir hands over the hookah to the dormouse. Please try to keep up.
