Photo Article: what to pour on my cornflakes as I consider the AIM demise of FastJet and its fascist bastard journalist smearing PRs at Citigate
By Tom Winnifrith, The Sheriff of AIM | Monday 24 August 2020
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.
Citigate has done the PR since August 2012 when colourful David Lenigas spun this company out of Lonrho – a company proven to have engaged in fraud as well as industrial scale smuggling – and reversed it into an AIM shell. Big Dave enterprises always make vast amounts of cash for morality free advisers and for himself but shareholders, in the end, always get screwed. But Citigate Dewe Rogerson does not care about that. Even when FastJet was slammed by the FRC, it carried on batting for it. That is because Citigate charges its clients £5,000 to £10,000 a month for its services so while investors in FastJet have lost almost everything, the fascist PRs have trousered half to one million pounds. Investors should ask “what did spending that one million quid actually achieve for them?” as shareholders.
Thus, as I celebrate the demise of its client and one less retainer for a firm utterly devoid of a shred of ethics, I look back on Citigate’s harassment and there is only one way to celebrate with my cornflakes today. Yamas.
This story is available to all readers
ShareProphets is reader-supported journalism
Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.