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.
This is awful. After a number of communications between myself and the FCA, the regulator of the Standard List, the fraud Chill Brands (CHLL) has been forced to come clean on its related party “loan”. And the truth is awful. Chill now admits that nearly all of its H1 sales were in fact booked to a key shareholder which has not paid for the product bought. This is a pig and pork fraud as I suggested in THIS podcast sent to the FCA the other day.
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