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.

Sefton – No-one likes team market abuser Chris Oil but they don’t care: AIM death 23rd October

By Tom Winnifrith, The Sheriff of AIM

16 October 2015 02:06

As expected today’s news from carry on Up the Sefton Resources (SER) signals the death of its AIM career but it gets worse, the new management team and its backers stand humiliated. The City of London is closing ranks against them

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Comments

Mooboy

16 October 2015, 02:52

LOOOOOOOOOOOOOOOOOOOOOLS
Daniel Victor

16 October 2015, 04:32

At least Ellerton’s lawyers have quit.Come on,Tom,be fair,report the good news,too.
Colin

16 October 2015, 05:04

The more I read on “Chris Oil” the more I think he’s just an idiot. He seems to have people around him, not least his PR team, building him up as some kind of investing guru, but it seems to me that everything he has touched has turned to shit! Perhaps I’m wrong, kind of pity him really, more money than sense.

Oh and by the way, a nice way to start the weekend by being 100% vindicated again, Tom. Nice work.
JASPERTHERDOG

16 October 2015, 05:12

So, A win for SEFTON then?
See below:

Sefton Resources, Inc.

(“Sefton” or the “Company”)

Update on Litigation & Bankruptcy Hearing

Further to the announcement of 1 September 2015, the Company yesterday received notice that the lawyers for John J. Ellerton, C & J Resources, Inc., and C & J Pension Plan & Trust have moved to withdraw from representing each of these parties in both the bankruptcy action and the federal court action. Mr Ellerton’s lawyer state the reason for the withdrawal is that: “Counsel’s continued representation of the Creditors will result in violation of the Rules of Professional Conduct or other law.” Sefton’s counsel in these matters advises that C & J Resources, Inc., and C & J Pension Plan & Trust cannot proceed in either action, and will need to be dismissed, if the entities do not find substitute counsel.