From £6.99 per month
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares


Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

nanosynth another failing for AIM Regulation as it fesses to financial crisis

By Tom Winnifrith, the Sheriff of AIM | Friday 7 April 2023

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.

Back in August of last year nanosynth (NNN) announced, in a grossly misleading way, that it had signed a death spiral with Lanstead “to raise £2,942,500”. I warned at the time that this was fantasy, that nothing like £3 million would be raised and that those responsible ( PR firm IFC Advisory) should be hung, drawn and quartered while AIM Regulation should force a restatement. Nothing happened. IFC told me I was talking tummy rot, the Oxymorons did nothing. And on Thursday afternoon, nanosynth admitted that it faced a financial crisis and its shares collapsed.
Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.

Filed under:

Subscribe to our newsletter

Daily digest of our latest stories.

Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was



Tintra – takeover moving closer?



The ShareProphets Sunday Pub Quiz #207

Saturday »


Haydale - £1m Retail Offer Raises…….



UK Oil & Gas: what a Turkey – SMTM!



Caracal Gold – RNS Needed



Going Down on Victoria



The ShareProphets Sunday Pub Quiz #206



Powerhouse Patent Hocum Schmocum



The ShareProphets Sunday Pub Quiz #205



Regtech Open – Good Luck Paul



I am still not worried by Currys



Bye, Bye Blackbird



Visual Aid: The Race in AI Chips

Time left: 18:59:02