I tried calling Sean Nutley today (twice) to ask him certain questions about the invoicing arrangements at Silverdell (SID), the AIM Cesspit Company that went tits up despite issuing ever more bullish trading statements, even after its main subsidiary received a winding up order. I also want to know if he had any comment on the suggestion that the Old Bill have arrested both him and Darren Palin.
The word on the street is that Sean Nutley the disgraced exs CEO of AIM listed Silverdell (SID) has indeed been arrested by police and that former EDS boss Darren Palin has also had his collar felt. My attempts to seek comment from Nutley have not proved successful.... more when we hear it. I really want to talk to Sean about the National Theatre invoices.
I want to speak to Sean Nutley the disgraced CEO of now bust but formerly AIM listed Silverdell Group (SID). I hear reports from industry sources that he has been arrested by the Police.
The Silverdell Whistleblower hotline (07761030374 or tomat49@gmail.com) continues to hum. Today’s questions relate to Darren Palin who according to the Silverdell website is still the third most important person in the group – see HERE. Er…methinks not.
The AIM regulation team are, from my experiences with a certain oil company whose name somehow eludes me and with 3DM before that, about as much useful in slamming the bad guys as an air conditioning unit would be for a ship packed full of global warming nutters trapped in the Antarctic. But nothing ventured nothing gained,
Ooooooooh Er…Missus: The Silverdell whistleblowing hotline is humming tonight. Next up in the witness box is an investor who I regard very highly indeed and who attended a meeting with disgraced CEO Sean Nutley on 10th June 2013.
A senior manager at Silverdell (SID) has been in touch and has given me a statement which makes dreadful reading for disgraced CEO Sean Nutley. If the regulators want to nail Sean this is not going to be hard. This statement also makes very awkward reading indeed for Nomad FinnCap.
It has been put to me that disgraced Silverdell CEO Sean Nutley might have one – utterly implausible - defence against the charge that he misled investors in June 2013. I wonder if any disgruntled (now) ex-employees of the Kitsons subsidiary would care to get in touch to help me publically shoot this down in flames.
This is a video anyone who holds shares in even one AIM listed stock needs to watch. You may not care about Silverdell (SID) now in administration but unless the authorities nail its CEO Sean Nutley and publically hang him out to dry then it gives the green light to every AIM CEO to mislead investors with impunity.
On Youtube a video is unearthed of a band called “The Nutley Experience” with lead singer and guitarist Sean Nutley. Surely the bald bloke who looks like a total tosser could not be the same Sean Nutley who has coined it in at Silverdell (SID) while investors have lost everything and who misled investors so badly that he deserves a custodial sentence and a 6 figure fine from the FCA?
Have you contacted the FCA and AIM Regulation yet to demand that they feel the collar of prize shit Sean Nutley, CEO of Silverdell who mislead his investors, who are now set to lose everything. If not, read on and then GET complaining.
On 31 December (probably hoping that the announcement would go largely unnoticed), Silverdell (SID) announced that it is not anticipated that shareholders will receive any return for the shares they hold and that admission of the group's shares to the AIM Cesspit will be cancelled on 2 January 2014. This was a stock I tipped. I have apologised for that. But Silverdell CEO Sean Nutley misled investors and need to have his collar felt.
Shares in AIM Cesspit listed Silverdell (SID) have been suspended this morning with the company stating: Silverdell has requested a suspension of its shares from trading pending clarification of the Group's financial position. Further announcements will be made as and when appropriate. You think the company is bust right? Well it may well not be but this story is a total scandal as I shall reveal now. If the AIM Regulation team gives a flying xxxx about maintaining an orderly market it will throw the book at Silverdell’s management team.
I have now established fully what has gone on and can exclusively reveal all.
Specialist environmental support services group Silverdell (LSE: SID) announced its results for the six months ended 31st March 2013 yesterday.
Having added shares in specialist environmental support services group, Silverdell (SID) to the Recovery portfolio of my Nifty Fifty website at a 17p offer price in January I clearly do not look entirely Buffetesque with the shares now trading at a 14p mid.
Shares in AIM-listed remediation, decommissioning and consulting company Silverdell (SID) traded at more than 130p before a May 2008 interim results statement which saw the company report an operating loss due to contract delays and the undertaking of low margin work. This sparked a massive decline which would see the shares hit 5.7p in March 2009 and still trade at just 8.25p in May of last year.









