The prospectus fraudster Dominic White quit the board of MaxRets Ventures (MAX) some months ago as he tried to distance himself from another stockmarket car crash. That AQSE Regulation allowed him to stay on as long as he did and to still remain on the board of Eight Capital Partners (ECP) even after proof of the Zamaz fraud emerged is telling.
Notwithstanding the loyal support of its advisor, Liam “the Toke” Murray at Cairn, AQSE listed MaxRets Ventures (MAX) is to delist. As it has almost zero cash and negative net current assets it is hardly a loss to the world of capitalism. Of course, the Toke should have quit as soon as it became clear that Dominic White was guilty of multi million pound prospectus fraud. But, these days the Toke seems to be cool with fraud.
Dominic White has resigned from another of the companies in the White/Zamboni stable of frauds, this time it is MaxRet Ventures (MAX). But why?
Of course, you and I know that the reason MaxRets Ventutes (MAX) should be suspended is that its main men, Dominic White and Martin Groak are, thanks to this website, shown as of yesterday to be proven fraudsters. If AQSE Regulation and Liam “the Toke” Murray at adviser Cairn were not either spineless or smoking something, Max shares would be suspended. But there is another reason, do the maths.
It concerns MaxRets Ventures (MAX) one of the companies in the fraud ridden collapsing empire of Dominic White and Alessandro Zamboni. Its shares are down by 50% today to 4.5p. So a simple three questions for its AQSE Advisor, Liam “the toke” Murray.
MAH is a tinpot accounting firm by revenue and what it is doing signing off on the accounts of Dominic White’s MaxRets Ventures (MAX) defies belief. It has shown zero professional scepticism on a matter that the ICAEW demands that scepticism be applied to. I have written to the FRC as you can see below.
What on earth is my pal Liam Murray at advisor Cairn Financial smoking now? Is there anything that he will not sign off on? Today we have a classic from Dominic White’s Max Rets Ventures (MAX) which will see me reporting the company’s auditors to the Financial Reporting Council.
I have already highlighted the appalling financials at MaxRets Ventures (MAX) one part of the empire of worthless companies or outright frauds created by the Dominic White/Carrado Coen/Allesandro Zamboni gang. Now vicar it is time for some boardroom red flags hoisted today.
I discussed the POS in bearcast yesterday and today shares in Max Ret Ventures (MAX) have again slumped to just 3p to 10p – they were 20p mid two days ago! Even so they are a total bargepole stock and, after the collapse of Dispensa (DISP), I wonder if this is the next part of the Dominic White/Alessandro Zamboni empire to collapse. According to Max’s website the following shareholders are interested in 3% or more of the Company’s issued ordinary share capital:
With a 140,000 sq ft refurbishment at St Katharine Docks in London nearing completion, Max Property (MAX) has announced a pre-let of 75,780 sq ft of office accommodation on a 15 year lease to Clarksons Plc, the world's leading provider of integrated shipping services. More good news for this share tip from me.
Closed-ended real estate investment company, Max Property (MAX) has announced a 21% increase in underlying net asset value per share, to 164.5p, in its year ended 31st March 2014 and a proposed first return of cash to shareholders of 15p per share. Money back to Daddy. Good News!
We tipped this stock on our Nifty Fifty website last week at 155.75p to buy. We measure our performance on an offer to bid basis unlike most websites which hide their real achievements by using a mid to mid. After 14 months in operation the average Nifty Fifty tip is (with an average holding period of around seven months) ahead by 19.38% on an offer to bid basis (including dividends). For more information ahead of our next tip go here. Back to Max (MAX). It is still a buy at 157.5p – last week’s article read:
