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WDC

Widecells (#WDC) creates a new media business division

2019-03-18 00:45:50

Widecells – a total bargepole with a death spiral on steroids: SELL, SELL, SELL!!

Normally when I see a damaging (to shareholders) death spiral in play it is with reference to company trading on the AIM Casino. We’ve had a few: Tern (TERN), Advanced Oncotherapy (AVO) VAST (VAST) to name just three. But Widecells (WDC) is listed on the main market – well, sort of: it was unleashed onto the Standard List in July 2016. But this death spiral really does take some beating!

By Nigel Somerville, the Deputy Sheriff of AIM | Published 2019-03-10 04:38:35 |

Richard Jennings of Align, sticks knife into his own client, Widecells, wants EGM to oust the board

Let's be clear here. Widecells (WDC) was a client of Align Research run by Richard Jennings. That is to say it paid Align to publish research. It is thus all the more remarkable that Jennings is prepared to stock the knife in, attack recent actions by the company and is now buying shares in the market to call an EGM to fire the board. Get your beer and popcorn ready, for what it is worth I agree with Jennings on this matter and urge all shareholders to contact him to offer their support. He writes:

By Tom Winnifrith, The Sheriff of AIM | Published 2018-09-27 10:31:53 |

WideCells (#WDC) – placing commitments “of at least £1.8m” to enable going concern, anticipates completion by month-end

2018-06-10 23:49:51

WideCells (#WDC) – kudos Cynical Bear, shares suspended “to protect investors”

2018-05-02 23:59:59

Widecells: Sub-Standard List shocker – should be suspended immediately

I will do a separate piece later this week on all the Sub-Standard Shockers that have come out (or not) with their accounts on deadline day of 30 April; however, I had to comment separately on Widecells (WDC) which as I type is still trading although should be suspended for two different reasons.

By Cynical Bear | Published 2018-05-01 01:28:46 |

WideCells (#WDC) – having listed just over year ago, another placing. Raises £0.75m at 14p

2017-08-14 23:41:03

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Recent Comments

EDDIEB10029 Oct 2026

Good article! I fear you’re right.

Bet the ranch on a short, win a Greek Hovel Holiday – entry No 10: Gordon Gecko on Lloyds

TOM29 Oct 2026

yes several times, Eldest son now going very frequently as well

The cross dressers at Baker Street jump on the anti semitism bandwagon as they defame me and Kefi

MICHAEL MCKENNA29 Oct 2026

Tom, have you been to Israel? It's obviously not necessary to have visited to have a view about Israel. I'm just curious about the back story of your support. I declare an interest, my partner is Jewish and I have been there many times and also have done business there. My partner's family hold very conflicting views about Bibi.

The cross dressers at Baker Street jump on the anti semitism bandwagon as they defame me and Kefi

NEMESIS229 Oct 2026

Suggest not taking this too seriously. Tom clearly has history with these 'ladies' and there may be other correspondence we have not seen. I smell a hoax!

The cross dressers at Baker Street jump on the anti semitism bandwagon as they defame me and Kefi

NEMESIS229 Oct 2026

Who knows where the gold price will be if and when Kefi start to produce gold. My concern is that if you go back through the RNS over the past years things never seem to work out as forecast. If each stage of the relaunch has to be completed before the next can start, which was my reading, progress will make snails look fast.I would like to see documented proof of the loan terms and drawdown conditions. If I recall correctly Tom did write to Harry about this with no reply. Afraid that I did have dealings with African banks on behalf of clients in the past and my rule was that if you shake hands on a deal count your fingers afterwards. The £5.7m bank fee in the interim cash flow still concerns me, what was this for. Western banks add fees on drawdown, advance fees make me nervous. I would not buy until the main contractors are back on site and the loan monies are in the bank even if this means paying more.

Bet the ranch on a short, win a Greek Hovel Holiday – entry No 9: Reader P on Kefi

BLUEFREW29 Oct 2026

The bear case at Kefi is a lot stronger than many want to admit, especially as the bull case is essentially that this time Charlie Brown finally gets to kick the football.But since the gold price is irrelevant to the bear case, speculating that gold might go to $1150 is incredibly silly. Particularly when at the time of writing gold is back above $4000 again.

Bet the ranch on a short, win a Greek Hovel Holiday – entry No 9: Reader P on Kefi

TOM29 Oct 2026

I publish to keep demented folks like Fagash happy as he signs off at UJO on huge payouts for criminals. It is of course nonsense

Bet the ranch on a short, win a Greek Hovel Holiday – entry No 9: Reader P on Kefi