By Tom Winnifrith, the Sheriff of AIM | Monday 13 December 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.
Thanks to the Winnileaks service I have seen sight of a letter and thus can reveal that ADM Energy (ADME), already facing legal battles that could bankrupt it and which is set to run out of cash by the end of February even without the legals, now faces another battle. Shareholders owning more than 5% of the equity have formally called for a GM. Not, of course, that the company has bothered to admit as much via an RNS. The rebels call for: