UK 02:47 Tuesday, 29 September 2026
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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.


ZOE

Why does the fraud Zoetic not sue Tom Winnifrith for libel? The morons get an answer!

This issue seems to be confusing some of the morons who own the humungously overvalued shares in the fraud Zoetic International (ZOE). And so I shall explain why. I shall make it simple as those who are confused are themselves simple and so there will not be too many long words. Before I start, I explain why Zoetic is a fraud.


The morons say “but it has real products which folks can buy so it cannot be a fraud!” They misunderstand the nature of fraud. Nearly all frauds have at their heart a real business. It is just that usually, as in this case, it is a poor one, not a successful one. The fraud comes in deceiving investors or bankers in order to raise money. In the case of Zoetic, it has also lied to customers which has helped inflate sales from bugger all to a bit above bugger all. And it has lied to regulators. So the fraud comes in telling lies to gain a financial advantage. That is fraud and that is why Zoetic is a fraud.


So why is Zoetic not suing me for libel for calling it a fraud? One theory put about on the Bulletin Boards is that I am a penniless peasant and so it is not worth suing me. But if one has a rock solid case, it should make no difference whether someone committing libel is penniless or a plutocrat: the object is to get him or her to shut up and retract. One moron who follows this theory is a chap called echoridge on the ADVFN asylum who posted on 29 May:


Quote of the month from a recent conversation with a good old boy who’s been there, done that: “No one sues winnifrith mostly because they know he has no assets. Just a miserable website that pays him a couple of grand a month from Google advertising if it manages to generate enough clicks. So basically, if he doesn’t keep the phoney outrage amped up, he doesn’t eat. That’s been his ‘business model’, give or take, for 30 years. Sure the FCA is aware of his misbehaviour but until some fed-up company exec gets frustrated enough to bring a largely private prosecution, they just treat him like the family’s crazy, racist uncle at Christmas dinner.”


That would be the FCA which has twice thanked me in recent months for dobbing in companies one of which promptly had its shares suspended. My pay is a private matter which nobody knows but my websites are subscription only so to make money need to get it right not just make up saucy stories. We earn sod all from google advertising!


But echoridge is right. I own nothing in this world but am delighted to be able to live in a 1600s listed Welsh farmhouse in 12 acres by the River Dee when not in a Greek eco-palace, sleeping seven, sitting in 16,000 metres with the view below. This poverty really is a real burden to bear. Gosh, in a few weeks I shall be sitting on the balcony of the Greek place wondering about having another dip in our pool and considering the view below. This poverty really is crushing. Think of how I suffer. If only I was rich like a Zoetic-owning Bulletin Board moron!



 


And of course some PLCs have either threatened to sue me or sued me for libel. It is just that they have all been ridiculed or lost. African Potash’s nomad quit when it realised that I would, under the disclosure process, be getting to see its involvement in a fraud. Quindell was a £3 billion fraud sending in the top law firm at Schillings. I saw them off. Pinsent Masons, Memery Crystal (three times!) and other top firms have been sent into bat against me and sent packing.


For some, it is the realisation that the disclosure process would be a nightmare that scares them off. For instance, I’d love Zoetic to sue me as we could then see all the correspondence between it and PR spinners Buchanan regarding changes to its website after my dossier of February 3rd to cover up its bogus claims to customers, faked customer reviews and much else. Any libel judge would love that. And that is just for starters. All those RNS statements about imminent European rollout, what data allowed financial adviser Allenby to sign off on what was a lie. Disclosure would be a hoot. We already have a list of around 50 areas where we’d be asking for documents and emails.


Others just go ahead and lose. They lose because all that I write can be verified. In the case of the February 3 dossier on Zoetic, the research was awesome. Every claim was verified and just cannot be disputed. PR spinner Henry Harrison Topham who has represented almost ten frauds which I have exposed may have advised his client to change its website to cover its tracks but those old screenshots survive and Topham knows that.


There are folks who argue that it is not worth suing me for libel as no one cares what I write as I am always wrong. Oddly, the same folks seem to obsess about me. But the strange thing is that I am not wrong. On the ADVFN Asylum, they argue that I have got Zoetic wrong. This is not echoridge who says of my farmhouse in 12 acres that I am “ sitting in his converted garden shed home” but another moron, bo90 says:

“Tw hasn’t called it right, the dodgy dossier came out in Dec 2020 and the shares continued to rise for 3 months!!”


Which is all very well but the dossier came out on February 3 when the shares were 75p – they are now 48p and falling. So, on balance, I have got it right. I reckon that in the past few years I have been commended by the FRC or FCA well over a dozen times – I always publish such thanks on this website. And there are numerous more frauds or overpromotes I have called out including all those Chinese scams on AIM, so many of which Harrison-Topham did PR for. Quindell, Cupid, Globo, 3DM, UK Oil & Gas, Gulf Keystone, US Oil & Gas, Akazoo/InternetQ, the list goes on and on and on.


Each time I expose fraudsters, BB morons come up with the same “he usually gets it wrong, etc etc“ line. It is always the same, just like the lawyers’ letters and the regulators thanking me.


The reason Zoetic has not sued is that


a)      I have not said or written anything I cannot prove


b)      Disclosure would kill them


c)      I’d win.


And for that reason, I really wish it would go ahead before it runs out of other folks’ cash and goes bust which it will. It is for exactly the same reasons that Zoetic and those who promote it would rather pretend that it is not suing me as nobody listens to me or because I am so poor. 

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Complete Coverage

That Was the Week that Was 7 Days of ShareProphets

Monday »

Boom
Fagash vs Chris Gilbert death match Round 2 at Sharestock 2027: early bird priced tickets on sale now
  • By Tom Winnifrith
  • 28 September 2026, 17:51
KEFI
BREAKING: KEFI - Market abuse with apparently fake broker note
  • By Tom Winnifrith
  • 28 September 2026, 17:45
Bearcast
Tom Winnifrith Bearcast: Gold and the 1970s and Blackbird lurches to another bailout
  • By Tom Winnifrith
  • 28 September 2026, 16:30
XPF
XP Factory – argues “best served” focusing exclusively on Escape Hunt rollout, so what about the previously-stated “highly complementary” Boom Battle Bar business?…
  • By Steve Moore
  • 28 September 2026, 16:10
PRE
Pensana: two questions Paul Atherley MUST answer
  • By Tom Winnifrith
  • 28 September 2026, 14:28
SQZ
Serica Energy moves to the main market and has a strong investment case - buy on any weakness
  • By Gary Newman
  • 28 September 2026, 13:46
MET
Metir – interims, “determined to complete a fundraise… to enter 2027 with increasing confidence”. Er, it means to be able to continue trading!…
  • By Steve Moore
  • 28 September 2026, 13:29
SDI
SDI Group – AGM Trading Update, continuing trading delivery value
  • By HotStockRockets
  • 28 September 2026, 12:26
COIN
Coinsilium: more about that second pig and pork
  • By Tom Winnifrith
  • 28 September 2026, 12:14
CKT
Checkit plc – interims emphasising “value-creation framework”, but how exciting is it?
  • By Steve Moore
  • 28 September 2026, 11:39
Bully
BREAKING: Not Very Gneiss message, if not an outright threat to Union Jack’s Craig Howie
  • By Tom Winnifrith
  • 28 September 2026, 11:23
CRTA
Letter to AIM Regulation and the FCA: Cirata (again)
  • By Tom Winnifrith
  • 28 September 2026, 10:57
Sinking_Ship
Is Nuburu overpaying for Tekne S.pA? Is the Pope a Catholic?
  • By Tom Winnifrith
  • 28 September 2026, 08:21

Sunday »

Bearcast
Tom Winnifrith Bearcast No 2: Coinsilium and not 1 but 2 pig and porks!
  • By Tom Winnifrith
  • 27 September 2026, 18:16
CRTA
BREAKING: Cirata– revisiting revenues and accrued income & its shocking!
  • By Tom Winnifrith
  • 27 September 2026, 16:03
Bearcast
Tom Winnifrith Bearcast No 1: revising Coulter's Law for Fairford & 2 scary sets of words from the Left shows Labour just does not understand economics
  • By Tom Winnifrith
  • 27 September 2026, 16:03
Quiz
The ShareProphets Sunday Pub Quiz #365
  • By Darren Atwater
  • 27 September 2026, 11:38
Blackboard
Visual Aid: The World’s Best Countries at Science in 2026
  • By Darren Atwater
  • 27 September 2026, 11:35
Gold
The View From The Montana Log-Cabin As Gold Slips Again
  • By Nigel Somerville
  • 27 September 2026, 11:28
Reading
Sunday Long Reads: Man City Hacker, John Factor, UK v Palantir, ChatGPT, BBC News Motives
  • By Darren Atwater
  • 27 September 2026, 11:27
Top-10
Notes from Underground – Most read articles for the week ending September 26
  • By Darren Atwater
  • 27 September 2026, 11:26

Saturday »

POLB
Podcast: TW interview Cathal Friel of Poolbeg Pharma
  • By Tom Winnifrith
  • 26 September 2026, 14:16
AMRQ
Amaroq and the Donald Trump Roll, is the target from 120.5p, 200p or 300p?
  • By Tom Winnifrith & Steve Moore
  • 26 September 2026, 11:09

Friday »

RBN
Robinson plc – after I previously questioned how realistic its outlook targets, now a “significant” contract non-renewal “Trading Update”…
  • By Steve Moore
  • 25 September 2026, 18:48
Bearcast
Tom Winnifrith Bearcast: Where now Pensana, Mothercare and Avacta?
  • By Tom Winnifrith
  • 25 September 2026, 15:37
SSTY
Safestay – interims including arguing “strengthened balance sheet”. Er, is there?…
  • By Steve Moore
  • 25 September 2026, 15:00
Clown
Paul Mathieson’s back, now obsessing about TW's penis size then doubling down with vile abuse of his wife
  • By Tom Winnifrith
  • 25 September 2026, 13:56
Clown
Photo Article Caption Contest: I'd rather watch tractor porn or stare at a blank ceiling than listen to Marcus Stuttard
  • By Tom Winnifrith
  • 25 September 2026, 13:09
UJO
Dick Stabbins gets behind Craig Howie: Surely Reabold must now make its intentions clear
  • By Tom Winnifrith
  • 25 September 2026, 12:17
Black-Swan
Planet Fitness: is it a $3 billion short or a long, what a bonkers business model
  • By Tom Winnifrith
  • 25 September 2026, 11:51
Bearcast
Tom Winnifrith Bearcast No 1: I may be a puritan but this is why Stephen Kelly MUST be fired by Cirata
  • By Tom Winnifrith, the Sheriff of AIM
  • 25 September 2026, 11:38
ELIX
Elixirr International – interims, still a growth Buy
  • By HotStockRockets
  • 25 September 2026, 10:17
Boom
What happens when Open AI fails? Three shorts I've taken out
  • By Lucian Miers
  • 25 September 2026, 10:03
CRTA
EXPOSE: Cirata and its reported revenues and accrued income estimates
  • By Tom Winnifrith
  • 25 September 2026, 09:56
PRE
VINDICATION! Pensana: the $150m cheque from Qatar is still not in the post & any update on the fake or not fake sheikh?
  • By Tom Winnifrith
  • 25 September 2026, 08:39

Thursday »

Bearcast
Tom Winnifrith bearcast: the Mrs reaches her Ayn Rand moment
  • By Tom Winnifrith
  • 24 September 2026, 16:23
CRU
Coral Products – more trading chaos and also management chaos…
  • By Steve Moore
  • 24 September 2026, 16:20
PURP
KERBOOM: Purplebricks – HMRC winding up order
  • By Tom Winnifrith
  • 24 September 2026, 13:47
Boom
Paul Mathieson is back now on behalf of Jesus, he terms Tom Winnifrith a Zionist c*nt
  • By Tom Winnifrith
  • 24 September 2026, 13:31
ASC
ASOS – emphasises “significant improvement in profit”, but is there any profit at all?…
  • By Steve Moore
  • 24 September 2026, 13:15
AAZ
Anglo Asian Mining – record interims, but bank a more than 42% less than seven months gain?
  • By HotStockRockets
  • 24 September 2026, 12:45
QDE
Quantum Data Energy CEO Video: worse than Boering
  • By Tom Winnifrith
  • 24 September 2026, 12:05
Boom
Paul Mathieson seems to have forgotten he resigned on June 1 ( again)
  • By Tom Winnifrith
  • 24 September 2026, 11:28
KZG
Craig Howie please take note: Richard Jennings steps down as Kazera CEO and shoots from the hip, he is the AIM hero of the day
  • By Tom Winnifrith
  • 24 September 2026, 11:04
TERN
Tern: a masterclass in NAV per share destruction
  • By Tom Winnifrith
  • 24 September 2026, 10:45
VTY
Vistry – interims headlined “Strengthening the platform: Repositioning Vistry for Sustainable Success”. Really?…
  • By Steve Moore
  • 24 September 2026, 10:32

Wednesday »

Bearcast
Tom Winnifrith Bearcast: Andy Burnham's chilling attack on your freedoms & two victory laps for the Sheriff
  • By Tom Winnifrith
  • 23 September 2026, 16:38
SEE
Seeing Machines – “interim extension of convertible loan notes”, refinancing challenges then?
  • By Steve Moore
  • 23 September 2026, 16:03
Clown
Paul Mathieson writes…
  • By Tom Winnifrith
  • 23 September 2026, 14:49
MPAL
Who is pumping Medpal AI and why?
  • By Tom Winnifrith
  • 23 September 2026, 14:38
Gagged
Peter Schiff: Immigration drives prosperity but NOT if you offer a generous welfare system
  • By Tom Winnifrith
  • 23 September 2026, 13:39
PMP
Portmeirion – interims, how much really “in line with expectations”?
  • By Steve Moore
  • 23 September 2026, 13:39
KEFI
New Kefi Presentation – some very big key takeaways
  • By Tom Winnifrith
  • 23 September 2026, 13:19
OPTI
GOTCHA: Optibiotix was forced to restate its accounts by the FRC thanks to the Sheriff of AIM
  • By Tom Winnifrith, the Sheriff of AIM
  • 23 September 2026, 12:30
Fake_News
Letter to Laura Zelenko, Senior Executive Editor at Bloomberg overseeing standards, diversity, talent, and training
  • By Tom Winnifrith
  • 23 September 2026, 10:48
W7L
Warpaint London – interims, how confident to be of “expected to be significantly more second half weighted”?
  • By Steve Moore
  • 23 September 2026, 10:20
Boom
Letter to Baker McKenzie – the Police would like to speak to Paul Mathieson
  • By Tom Winnifrith
  • 23 September 2026, 10:10

Tuesday »

Bearcast
Tom Winnifrith Bearcast: Why I do NOT trust the new management and why owning Skins shares is madness
  • By Tom Winnifrith
  • 22 September 2026, 16:22
PULS
Pulsar Group – “as expected, the group has paid the outstanding amounts owed to HMRC”. Er, is it not “expected” to pay in a timely manner then?…
  • By Steve Moore
  • 22 September 2026, 16:15
PDL
BREAKING: Petra Diamonds subsidiary winding up petition – not good news I suggest: I smell 0p by Christmas
  • By Tom Winnifrith
  • 22 September 2026, 14:54
Cat_Fixing_Lightbulb
Peel vs Harworth and the shrinking list of listed firms
  • By Tom Winnifrith
  • 22 September 2026, 14:34
EGT
European Green Transition – interims, more to come from an already massively winning share tip?
  • By Tom Winnifrith & Steve Moore
  • 22 September 2026, 13:15
UJO
Yet again, another week goes by and nobody else has accepted the Reabold offer for Union Jack
  • By Tom Winnifrith
  • 22 September 2026, 13:11
MIDW
Midwich – interims emphasise “outlook for the full year remains unchanged”, but how much risk is there to that?
  • By Steve Moore
  • 22 September 2026, 13:05
SBTX
Skinbiotherapeutics – utterly dire news
  • By Tom Winnifrith
  • 22 September 2026, 12:34
SYME
Supply@Me Capital – dire trading update & ongoing suspension
  • By Tom Winnifrith
  • 22 September 2026, 11:47
SAA
M&C Saatchi – I having questioned ‘how “confident” to be for its argued growth in 2026?’, what about now its half-year results?…
  • By Steve Moore
  • 22 September 2026, 10:58