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.

Max Petroleum – a crony capitalist POS AIM listing bites the dust. You were warned!

By Nigel Somerville, the Deputy Sheriff of AIM

5 October 2015 06:32

More:

This morning the piss-take that was AIM listed Max Petroleum (MXP) announced the last rites had been conducted on its listing as the company slunk off into oblivion as of 7am this morning. Quite why the company decided it would be a good idea to try to spin the fact that it is insolvent is beyond me. Just say it fellas: All the money’s gone.

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Comments

alcira16247

5 October 2015, 10:17

Nigel

With folk like Michael B Young and contemporaries at the helm of their companies, steering into financial oblivion whilst paying themselves outrageous salaries, is it any wonder why there is a massive backlash to the left in politics?

The ordinary folk of this nation have been penalised and impoverished as austerity measures have become more draconian. The guilty have gotten away scott free and even rewarded for their collective failures.

Poor old Joe makes a cock up at work he gets fired and no reference! Your corporate boss wrecks the company and walks away with millions!

The tide is turning and turning fast, those who mocked and discounted, Jeremy Corbyn are starting to look foolish as many millions of Britains join him in demanding …….. there must be a better way!
Absolute

5 October 2015, 11:17

I know there are problems with the scum but there is no way the Corbyn gang offer anything better. In fact from personal experience I would expect their snouts to be added to the trough at the earliest opportunity.