Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
In November of 2014 the Qualifying Executives in the Nomad team at Daniel Stewart, led by China fraud specialist Mr Paul Shackleton all quit and it was forced to tell those AIM Casino companies it represented that they needed a new Nomad or would be slung off AIM. I can now reveal that the London Stock Exchange then secretly screwed ordinary investors in order to avoid its own humiliation.
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Comments
mhin2
well perhaps the new business secretary that opened the investors show might like to provide a few answers, or is he part of this corrupt, insider establishment?
Jason
It sheds a new light on reason for barring you from entering their AGM and fobbing off Lucien on China-fraud question. Absolutely disgraceful.
DUCK AND DIVE
Great story!
So was the greedy LSE acting unilaterally or did it have City of London/Govt permission, encouragement or even instructions to offer up UK investors as sacrificial lambs on the altar of Sino-UK commercial relations?
Lonster
In a word, shocking. Absolute disgrace and another reason why I no longer invest on the AIM casino.
Jucin Drumroll
Quis custodiet ipsos custodes?
Woody44
And about time too! Didn’t I tell you so months ago? I thought you would have picked up on this story long before now. Great that you have though! Keep up the good work!
Steve
As a small investor on AIM – I find this almost unbelievable!!
Please would you raise an online petition at https://www.change.org/en-GB/petition to ask for Gov action and let us know the link so we can email all our friends with the link and this story.
This must be looked into and some heads must roll.
Absolutely disgusting!
Its me
Its quite comical, if you think back to the Langbar fraud on AiM, Nabarro Wells were find £250K by AiM reg for DD failings. The NOMAD system is not fit for purpose, I remember dealing with the fat bird at AIM Reg (some on here will know who I mean) when going through a NOMAD application in 2007, it was quite evident that the system was flawed then, the rules were open to so much interpretation, when the judge, jury and executioner are one and the same failure is only a matter of time. AIM reg are reaping what they have sown.
Brian
Tom, you’ve labelled Camkids and Jiasen ‘frauds’. Do you have any information whatsoever that suggests strongly they are? If so, could you, or anyone else, please remind me as I’d (genuinely) like to pursue the matter with the the companies.
nigel somerville
It’s me – it is not AIM Reg which is reaping what has been sown, sadly. It is punters who buy the Casino chips that are AIM shares.
wildrides
Stonking piece Tom ………so good to see you back in your element uncovering Dick Darstedly and his side kicks . Shocking stuff , but all the pieces of the jigsaw you have uncovered are starting to fall into place now .
One question I dont understand ………. why is it QPP dont seem to have ever published the “independent” look at their affairs and is there anyway they can be forced to do so in the future? I dont like it that they seem to be able to keep it all quiet from shareholders ( I am not one for the record ) and the city professionals.
Phil
Let us see if the deadwood press pick up on this story.
Makes me feel a little sad, thinking your catgut is as crappy as ours.
The real issue is the grip the LSE has on the markets, I would think (as we have the party that believe in competition), the AIM should be put to tender, the competition authorities have done it to other industry to create competition, why not this one.