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.
Like all piss poor companies, in the end NightCap (NGHT) will run out of other folks’ cash. But there are also massive corporate governance red flags to address. In my article of Saturday 20 November 2021, A GROWING SCANDAL: Sarah Willingham’s Nightcap: questions for the independent non executives and the auditors, I focused on two payments made to Sarah and her husband Michael Willingham-Toxvaerd being:
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