By Tom Winnifrith, the Sheriff of AIM | Saturday 7 May 2022
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.
On Friday, I showed how Kinovo (KINO) had misled investors about the £5 million sale of its construction business, DCB, by hiding the fact that it could – and now is – on the hook for potentially unlimited liabilities. But, as a sharp reader explains, this scandal could be far worse. This is truly shocking, and heads at Nomad Canaccord, or Kinovo, must surely roll. must surely roll.