UK 03:56 Saturday, 10 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
You really could not make this up. There is no word today on the much delayed repayment of three quarters of a Bernie plus interest from hugely insolvent Trans African Energy. The cheque from Africa has not arrived. So it looks as if Mir has spaffed the bulk of Lift’s balance sheet and his chairman Roy Kelly, who also sits on the Trans board, has walked the plank. From bad to worse. His replacement is a proven rogue, scoundrel and all right wrong ’un Dave Richards MBE of Wandisco (WAND) infamy.
The coming week is a big week for Lift Global Ventures (LFT) as Wednesday 31 July 2025 is the latest date for the redemption of its often-extended loan to Trans-Africa Energy Limited, a company insolvent to the tune of at least four Bernies.
The only operating subsidiary of Zak Mir’s tin pot AQSE listed company Lift Global Ventures (LFT), the only unit generating sales, is the brown envelope penny share pumping operation Miriad Ltd. Lift itself has filed its, piss poor accounts for the year to 30th June 2024, albeit in mid December when folks, other than me, had better things to do than wonder at the bad debts suffered and extended payment terms the wretched Mir had to offer.
Another day and another deadline missed. Zak Mir’s Lift Global Ventures (LFT) was due to get a related party loan to a £4 million insolvent company repaid last August. But the cheque from Africa us still "in the post" or rather has not been sent at all. The deadline has yet again be pushed back to 31 July from 30 June. What’s the point of setting a deadline if it has to be moved every month? Meanwhile Zak’s weekend “journalism”, i.e. pumping shitcos in return for brown envelopes is entertaining.
Not a lot of folks know this, but Zak Mir plays the guitar which might see him taking a new career in busking when Lift Global Ventures (LFT) finally goes bust. And so for Zak, as it's 20, 20, 24 hours to go to can kick day, a song:
Brown Envelope Man is very much used to the cash strapped penny dreadful PLCs whose shares he ramps in return for undeclared payments telling him that the cheque to his Lift Global Ventures (LFT) POS company is “in the post”. He might even believe it.
With disgraced penny share hustler Zak Mir Not being a great numbers man it is worth reminding him that this Wednesday is April 30th and that is the latest in a series of serially revised deadline days when it claims that insolvent Trans-Africa Energy will repay it £1.25 million to Mir's Lift Global Ventures (LFT). That is an original loan of £750,000 plus an additional £500,000 for constantly agreeing to defer repayment from last August.
There will be tears before closing time at the Carlton Club today as its esteemed member Zak Mir drowns his sorrows after his Lift Global Ventures (LFT), which is about as global as my vegetable patch, publishes dismal results. It seems as if customers, that is POS AIM and Standard List stocks, are seeing through Zak’s pumping operation as being pointless.
Two years ago exactly, the Brown Envelope Man, Zak Mir announced that his AQSE listed shitco Lift Global Ventures (LFT) was lending £750,000, most f its balance sheet to a technically insolvent company where Lift’s chairman Roy Kelly, was a director, Trans-Africa Energy Limited. Trans had a murky past as exposed on this website but Zak’s silly sister from Shares Magazine probably thinks its racist to point that out.
Hapless accountants Edwards Veeder were put on notice by myself HERE that I’d be watching the 2024 annual results from Brown Envelope Man’s Life Global Ventures (LFT). Christmas came early for me with a dog’s dinner of an effort from Lee Lederberg and I have written to my good pals at the Financial Reporting Council
Zak Mir's Lift Global Ventures (LFT) waited until late in the day Thursday to publish its annual report on its website so I have taken a deeper dive into its numbers. Lift has a structural problem in that even if you ignore the investments write offs of £750,000 in Trans Africa Energy and £67,106 of other mostly investment losses it still generated a loss of £159,046 on revenue of £476,506. So, its ongoing business is not sustainable as a public company because of the cost base.
Zak Mir really should rename his company “Battersea.” Its portfolio of investments all seem to be dogs and you can see why any sane person would abandon the lot.
In a previous article I wrote to Lee Lederberg of Edwards Veeder, the auditor of Lift highlighting my concerns about the valuation of the Lift Global (LFT) loan to Trans-Africa Energy Limited (TAE) for the year to 30 June 2024 and Lift’s bad debt provisioning. In this note I set out observations on these topics by looking at Lift's interims and last year’s audited accounts.
Lee is the audit partner who in the next three weeks should be looking out of his office in glamorous Oldham and signing off on the accounts of Zak Mir’s failing Lift Global Ventures. I realise that Edwards Veeeder is not a big name firm so the last thing it wants is to be in the merde with the FRC and possibly ICAEW. I have written to Lee to put him on notice.
