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Umuthi – Oh Dear, Jennings strikes in Court & it looks grim for Memery Crystal et al

By Tom Winnifrith | Wednesday 20 January 2021


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.


The winding up order petition against Umuthi Healthcare was submitted by Richard “nobody likes me and I don’t care” Jennings of Align Research on 18 January. Umuthi, which still insists that it is set to list imminently on the Standard List in a £100 million – no sniggering at the back – transaction masterminded by bastard lawyers Memery Crystal, said it would fight. Er…

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