UK 14:41 Tuesday, 10 November 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Having listed on AIM in February 2012, raising a gross £1.6 million at 1p per share “from a range of new and existing investors by a placing and offer for subscription” and grandly talking “that this will allow us to develop a range of programmes based on leading sports activities and personalities to appeal to a worldwide audience”, Sports Stars Media (SPSM) has today announced that it has posted a General Meeting circular to shareholders seeking approval for, amongst other things, the sale of the current trading business for an initial £1 and the raising of £0.3 million at 0.06p per share “in order to recapitalise the company” as a cash shell. The following reviews this latest example of 'excellence' on the AIM cesspit.
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Comments
Libero
Holy moly that’s shocking! I’ve never seen anything like it.
That ought to be criminal
Tom Winnifrith
Libero
It is just another day on the Cesspit…par for the course.
Crony capitalism in action once again
t
wildrides
I wonder what the “ if
certain trigger events are achieved “ might be in this case ?
How high the directors can spunk up the wall investors cash perhaps ?
Philip
Stallion resources or old nag?