As reality slowly dawns on anyone foolish enough to have bought into the recent rampant over-promotion of Sefton Resources (SER) and the stock price craters, shareholders can take comfort from tonight’s lavish extravaganza being hosted at one of London’s most expensive venues. Well, at least some of them can.
Back in the good old days, when our dear friend Jim Ellerton was hocking his wares around the busy streets of London, shareholders in Sefton Resources (SER) were at least able to delude themselves with pipedreams of Kansan gas riches and a Californian heavy oil rush. As we all know, those promises of future wealth were a fantasy, deliberately designed to fund Ellerton’s lavish Hawaiian existence and taste for expensive hotels. Sefton was the ultimate lifestyle company, but what of today’s myths about this cashless cash shell?
Sefton (SER) shares have fallen to just 0.13p to sell. How wise market abuser Chris Oil was to sell all his shares on 8 May at 0.37p as he tweeted out that folks should be buying. But in light of the collapseroonie I have a brief question for the company's broker Cornhill.
You may well remember the dirty tricks camoaign that Sefton Resources (SER) under Jimmyliar Ellerton waged against myself and Dan Levi when we exposed his lies and fraud. One smear was to plant a suggestion/lie with a "friendly journalist" - or scab as I would call her - in the Daily Telegraph suggesting that Dan was short of the stock. Now it seems as if New Sefton is waging the same campaign against me.
Oh dear. Oh dear. Oh dear. Jimmyliar Ellerton is back and Sefton (SER) shareholders now face a potential wipeout. Congratulations to Chris Oil for telling folks to buy at 0.37p as he dumped his entire holding. The shares are now 0.17p to sell and could well head back towards zero after news today. Well done to Chris Oil and all connected to him for their pump and dump.
Shares in Sefton are drifting today - down to 0.27p - but the company is still capitalised at almost £8 million but is now down to its last £300,000 of cash and as yet has no CEO and no deal. The share price discounts a lot but according to certain bloggers deals are in the bag. Perhaps it is time for Sefton to come clean on 4 critical points:
Featuring AFC Energy (AFC) Kea Petroleum (KEA) Northern Petroleum (NOP) Sefton Resources (SER) Tethys Petroleum (TPL) Xcite Energy (XEL)
That crony capitalist Brokerman Dan is today exposed as a pump and dump merchant in Sefton (SER) is horrifying enough – see HERE. But now mad blogger Chris Oil of New World infamy (HERE) is show to be quite frankly guilty of market abuse. This is shameless and revolting.
So much for all the talk of big deals. So much for those assurances that the shares were heading to 1p. So much for the requests to “get behind us” from crony capitalist Brokerman Dan. The man who learned all about stock pumping from the great David Lenigas, has today dumped 60 million of his 86 million shares in Sefton Resources (SER) sending the stock sliding by 25% to 0.27p. This stinks.
Old Sefton run by Jimmyliar Ellerton responded to criticism from myself and Brokerman Dan – in the days when he was a journalist not a crony capitalist – with a smear campaign sanctioned by its still current lawyers Pinsent Masons ( as you can see HERE). Sefton may be changing its name to Stryker but the own goals and old habits continue.
Shares rise for no reason, the company say there is no reason, they fall, a few spoofers make money. In other cases stocks are being ramped in ways that are completely outside the rules of the game. Sorry to do this but I have to use the weekend's nonsense from Sefton (SER) as an example. Either there are rules in which case this stock needs suspending and some folks getting a slap on the wrists or there are no rules in which case the hoods are running the asylum and AIM is officially not an honest place to do business. I also look at Mosman Oil & Gas, Daniel Stewart ( apologies timescale a day out on that one) and a few other POS stocks.
There is a false market in Sefton and China fraud Gate Ventures and the FCA and AIM Regulation do nothing to protect investors. That is a crime. I discuss that at the start of this podcast and then go on to do the hard maths on Sefton based on the claims it has made and to demonstrate clearly why the shares are 80% overvalued. Ignore the hype and bluster and the twitter and Bulletin Board insanity just do the hard math my friends and you can arrive at no other conclusion.
Comrade Brokerman Dan seems to have taken offense at my earlier podcast about the end of his career as a crony capitalist as boss of Sefton Resources (SER). I send this postcard to my friend with respect. Do not deny others an opinion. I praise you mightily for what you have done but I criticise today's payoff of £50,000 and explain why it is wrong.
With a fifty grand golden thank you my pal Brokerman Dan has ended his career as a crony capitalist at Sefton Resources (SER) after just two months and twenty days. Back in the welfare safari of the Manchester slums that £50,000 will go a long way, just think of all the rats you can buy to feed the kids a roasted treat, think of all the crack and illegal cigarettes you can ship in to sell at the school gates. I imagine that Dan now has enough to buy half the sink estate. I discuss Dan's payoffs, lessons I am sure he has learned, CEOs on twitter and where this leaves Sefton
Brace yourself Pinsent Masons, Jim Ellerton and others as your dirty tricks and scumbag activities are revealed in full. I explain how I got onto Sefton, who were the good guys and who were the bad guys and how I nailed the latter in the end. Some folks have serious questions to answer. This video is of a session from UK Investor 2015.
If you are up in London for UK Investor show on Saturday and fancy a quiet and relaxing evening beforehand do not bother reading on. But if you fancy a drink and a pizza with new Sefton (SER), aka “mancslumboy” Brokerman Dan, Clem Chambers of ADVFN and their uber-foxy PR bird plus a sprinkling of ShareProphets writers and other CEOs attending the show, all will be gathering from 6 PM
Jimmyliar Ellerton, the disgraced former boss of Sefton Resources has been hoisted by his own petard and has now been told why he has no claims against Sefton Resources –it all goes back to the Gary Dillabaugh case and to some more recent issues with his – pro tem - trouble and strife, the foxy Carol.
