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OFFICIAL: It is Ouzo O'Clock all day as Piers Linney's pride & joy Outsourcery goes into administration

Dragon's Den flop and serial business failure Piers Linney said that the proudest moment of his business career was listing Outsourcery (OUT) on AIM in 2013 at 110p. Oh dear, the piece of Turkish has today gone into administration. How will the PC tossers at the BBC spin this debacle for their pin up boy Piers? That is their problem, mine is how much ouzo to drink to celebrate this announcement:

By Tom Winnifrith, The Sheriff of AIM | Published 2016-06-15 02:35:09 |

OUZO TIME - Outsourcery (#OUT) appoints administrators - another #PiersLinney triumph

2016-06-15 00:59:09

It's Ouzo Time! Outsourcery shares suspended, serial failure Dragon's Den Piers Linney admits its a wipeout!

The BBC could not get enough of Piers Linney as a Dragon on the Den. Black, working class and from the North the chap was, we were told, worth £100 million. If only he'd been in a wheelchair and a lesbian and the Beeb would have got the full Politically Correct suite but heck Piers was "minority" enough and the State Funded broadcaster creamed itself. Sadly it was all a myth.

By Tom Winnifrith, The Sheriff of AIM | Published 2016-06-03 06:44:35 |

Ooops! Someone does not like Piers Linney of going bust Outsourcery (#OUT) very much

2016-05-27 23:36:28

Look at CV of new Outsourcey (#OUT) NED - this guy only joins when companies at death's door

2016-05-11 23:58:36

Piers Linney yanks investor chains - contract win at Outsourcery means jack shite

Dragon's Den has been and serial business failure Piers Linney has issued a statement for his soon to go bust flagship POS enterprise Outsourcery (OUT) which is just so meaningless it deserves comment

By Tom Winnifrith, The Sheriff of AIM | Published 2016-05-03 05:34:54 |

Outsourcery (#OUT) secures new contract win - SO WHAT ITS FUCKING BUST!

2016-05-02 23:55:21

Ouzo O'Clock already: Dragon's Den flop Piers Linney admits Outsourcery is almost toast!

Well you cannot say that you were not warned! I have exposed time and time again on this website how the business career of one series Dragons Den flop Piers Linney has been marked by serial failure. The loathsome self-publicist Linney said floating Outsourcery on AIM at 110p in May 2013 was the highlight of his career. Today Linney has admitted that his company is almost toast. What fucking brilliant news.

By Tom Winnifrith, The Sheriff of AIM | Published 2016-04-25 00:17:10 |

OUZO TIME!!! Outsourcery (#OUT) profits warning & admits to cash crisis. FUCK YOU Piers Linney

2016-04-24 23:10:26

Outsourcery - where are the (dire) results? All the Money's gone has it not Piers Linney?

Piers Linney is no April Fool. The Dragon's Den self promoter and serial business failure (see HERE) is just a fool. And that brings us to his biggest disaster to date, Outsourcery (OUT), shares in which are slipping again and now trade at just 9p (May 2013 AIM IPO at 110p) valuing the business at only £4.4 million. Worse is to come.

By Tom Winnifrith, The Sheriff of AIM | Published 2016-04-01 01:36:55 |

Outsourcery (#OUT) High profile MD has decided NOT to join Piers Linney's sinking ship after all

2016-01-29 00:30:58

Outsourcery, the dog created by Dragon's Den flop Piers Linney - when's the bailout placing?

Shares in Outsourcery (OUT) the business created by Piers Linney, the Dragon's Den flop, are sliding today and the only question is when is the next bailout placing? Linney is - whatever BBC PR flunkies told us all - a serial business failure as you can see HERE. Outsourcery listed on AIM at 110p on May 24 2013. The shares are now 13.75p but remain a storming sell as the cash runs out.

By Tom Winnifrith, The Sheriff of AIM | Published 2016-01-27 07:07:59 |

Outsourcery (#OUT) to adopt new "reduced disclosure" reporting standards - keep selling

2016-01-21 00:10:52

Pointless posturing by Outsourcery as it changes auditor – real issue is when Piers Linney firm goes bust

In a pompous sort of way as if he we running a FTSE 100 company not a piss poor, going bust, AIM Casino disaster story like Outsourcery (OUT), Dragon’s Den flop and serial business failure Piers Linney today announced a change of auditor. That Piers, my boy, is not the issue is it?

By Tom Winnifrith, The Sheriff of AIM | Published 2015-11-25 05:26:36 |

Outsourcery (#OUT) - Piers Linney outfit appoints new MD

2015-11-04 00:09:15

Outsourcery (#OUT) - Gross cash down to £300,000 on 30 June

2015-09-28 23:37:57

Outsourcery plc – an AIM disgrace: 2014 results dreadful, but lectures on how growth companies should be valued

Having joined AIM under two years ago at 110p, shares in Outsourcery plc (OUT) currently trade a further more than 5% lower at sub 29p today on the back of results for the 2014 calendar year. The company though reckons it is now “in a strong position as interest in the Cloud builds and our partner relationships begin to pay off” and suggests we “need to think differently about how we measure the progress of firms just starting out on their growth journeys”. Er, thanks for the lecture from serial business failure & self important Prat Piers Linney but…

By Steve Moore | Published 2015-03-30 04:15:19 |

Outsourcery (#OUT) FY numbers dire, balance sheet a trainwreck, placing ahoy

2015-03-30 00:18:57

Tom Winnifrith Bearcast - what is cheap and what is a trading statement?

It seems that I disagree with Comrade Malcolm Stacey once again as I discuss whether a stock on a PE of 22 (Diageo or JD Wetherspoon) can be desribed as cheap. I then discuss what should be in a trading statement looking at Foxtons, Blur and Outsourcery - run by the ghastly Piers Linney - and what this says about shares in all three.

By Tom Winnifrith | Published 2015-01-31 01:55:41 |

Outsourcery (#OUT) wins contract worth £1.1m in revenue over 3 years

2014-12-05 01:00:59

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Fagash5 Oct 2026

To do otherwise breaches the trust system of money. Only believing money received in the future has value, supports the idea of debt and credit. Without debt ( and return on that debt) , capitalism fails. Ability to print money on demand eliminates debt rational ( return) so collapses capitalism by default.

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DAVID FRASER5 Oct 2026

Others have attested that you only need to issue debt (government bonds) if you are running s as current account deficit. You issue the bonds to pay for your expenses EducationHealthBenefitsRoadsDefenceGovernment staff and buildings PoliceFireCoastguards I’m sure there are others. Quangos etc…If you just print money whilst running a deficit you risk a lack of confidence in the currency. MMT has been shown to be a lot of nonsense because the longer you keep spending what you don’t have the higher your deficit climbs. You either have to grow the economy to reduce the debt or reduce what you are spending. Zimbabwe and other third world countries have shown this. You can end up with hyper inflation which does nobody any good and further causes a sovereign monetary and debt crisis. Reduced public spending and/or increased taxes are the only alternatives….Or are they. The Laffer Curve suggests that the lowering of direct taxes fosters higher productivity and in turn increases tax revenues. Just don’t give all the tax cuts to the billionaires or you’ll end up with Trump’s America - and nobody wants that!In conclusion if it was that easy some other bugger would have done it already. Yes… we’re all screwed 😩

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Fagash5 Oct 2026

I concur. Meanwhile I took one out - not to replace lending, but to simply place on deposit. Cost me a bit initially but then provided a return as interest rates increased. Paid off the balance prior to company closure. Marginal gain, but it was free money ( to the company, but not the taxpayer). Joke system in all respects imv.

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TOM5 Oct 2026

text changed, i keep making that error both Quantums are zeros, its becoming a mental block

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