UK 06:21 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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.
Now let's turn to Evocutis (EVO), another Jabba The Hutt overpromoted piece of AIM detritus and the issue of transparency. Evocutis initially had 174,675,828 shares in issue. David Lenigas and the team descended and issued 175,000,000 new shares at 0.0012p raising £210,000 (shares admitted 8 Sept 2014), doubling the shares in issue.
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
NEMESIS
It’s almost got to the stage now that you know what’s coming even before you look, and by god it does have a smell associated.
To be honest (not that you’ll give a shit what any old random thinks), I always took you as being in tandem with these guys but this week especially the revelations on Tuesday were profound IMO as you can’t go back from this position and that gives you credibility. The plethora of tweets from Yusuf may as well have been written by Dave himself, it was the same thing in my eyes.
Could I just ask when was the first time when Dave got friendly with Shareprophets? Looking back to your articles I’m thinking around April 2014, maybe staying around 6 months?
VINES
didn’t Winifrith give out afriag t-shirts at real man bout a year ago
TW Note . I did not.BRITTA
Vines – that was a PI giving DL the T shirt, I don’t think TW knew about it in advance (and he certainly didn’t hand it out)
Tom Winnifrith
Vines – nice try on the smear, shame your facts wrong
Britta you are correct. And I have never tipped AFRI as a buy either
T