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.
Teathers Financial (TEA) has announced results for the six months ended 30th April 2015, a period which it states has seen the business transformed.
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Comments
Davecandle
lol – is last week of the month the time to give out a few favours to mates – Drummond, Bell and presumably you’ll be giving one of Wray’s investments a boost soon – surely Guscio needs another push!
This stock has done nothing since you first tipped it in April along the lines of “stuff happening soon” – nothing happened and they still feel as far away from a real business as they did then and in the meantime, the admin costs eat up the cash
Juicin Drummroll
Surprised & disappointed in you with support of Jason Drummond & this latest Drummond pump & dump, TW.
Jason Drummond is like Rob Terry’s understudy, an untrustworthy egomaniac with a shocking history of mismanagement & destruction of shareholder money.
I know his time at MDC pre-dates this site but if you are going to be associated with & ramp this guy’s shit you really should go back & study it. Pay particular attention to the Purple Lounge fiasco & look closely at the missing player balances which were co-mingled with company funds, never to be seen again. Drummond & other people’s money? Disaster looms.
Tom Winnifrith
JD ( no relation I presume)
MDC was Exec led by Justin Drummond not Jason. What about Virtual Internet and other JD (Jason) wnners.
T
wildrides
Dont get teathered to this piece of shite . As Tom says this is run by the BROTHER of Justin Drummond . Justin is famous for losing share holders money and being economic with the truth of his back history of “success” :-
Summary
“Justin Drummond has had 15 years experience with publicly listed companies having been an investor or co-founder of a number of successful technology, telecoms and investment companies. In addition, Justin founded Media Corporation plc (“Media Corp”) in February 2000, six years after his first marketing business was established. Justin saw Media Corp listed on the London Stock Exchange just a year after its formation via the reverse takeover of Chrome Technology plc in May 2001. Having started with an initial £200,000 investment in Media Corp, the Group rapidly grew to a £50 million market capitalisation in just four years. Justin has successfully raised over £50 million from institutional investors in recent years.
In 2012, Justin stepped down from his role as Chairman of two AIM listed companies, Media Corporation plc and Clear Leisure plc to focus on Ascend Capital plc, the Corporate broker. In addition, Justin served as a Non-Executive Director of Coms plc, the 2013 best performing AIM Company of the year, since flotation. Coms plc currently has a market capitilisation of £65 million.
Specialties: Capital raising, Corporate finance, Equity Markets, Mergers and Acquisitions”
CURRENTLY :-
“Chief executive
Ascend Capital plc
May 2012 – Present (3 years 3 months)London
Ascend Capital plc is an Corporate Broker offering a variety of integrated funding solutions for smaller, fast growing publicly listed companies.”
With a track record of losing shareholders a fortune steer well clear and keep the pain in the family by boycotting Jasons Teathers as well . You know it makes sense . Clean up AIM . Power wash out the shit . It belongs in a munter bond .
Craig
Good comments HSR, just what I thought. Primed for a good adventure over the next 1-3 months for sure. Don’t miss the boat peeps, could be worse, could have held / be holding LGO, hows the depletion going.., missing DL and his pumps.
Juicin Drummroll
Jason Drummond was Executive Chairman of MDC for a considerable time – http://www.investegate.co.uk/media-corp—-mdc-/bus/directorate-change/20120216070000Z3274/ .
“ Commenting on the changes, Justin Drummond stated:
“On behalf of the Board of Media Corp I would like to take this opportunity to thank Jason for all his work and contributions over the years to the Company”
He is now Executive Chairman at TEA.
Are you saying the Executive Chairman has no input, control, knowledge or responsibility for anything that goes on in the company in which he is Executive Chairman?
Seems doubtful, especially in a company where his brother was Chairman!
You’re backing a wrung ‘un here TW.
Davecandle
Any further views on this Tom or have you given up on it like the management team appear to – at current lows, is it still a buy?
Not even Zak is ramping it at the moment either – guess all those warrant-holders got out so no need to now.
Loving their investment style though – taking profits early and letting losses run was my investment strategy in the early 90s and cost me a fortune……but guess these guys know what they’re doing
Davecandle
I can see Wildrides is already asking the question but any insight from your mates would be great on this debacle. With both this and GUSC in suspension, I suggest you stick to all the good stuff as evidenced so well by the INTQ piece this week rather than being buddy buddy with a few individuals.
Deep down I’m guessing you like the plaudits you’re getting currently from the mainstream press and it’s not for supporting micro-cap AIM investment companies!