GOTCHA – Regtech Open, you couldn’t make this up but it did!
By Tom Winnifrith | Wednesday 13 September 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.
On Tuesday morning I flagged up glaring red flags in the Monday announcement from the bezzle Regtech Open (RTOP) that Alessandro Zamboni’s Avant Garde had transferred 250,000 warrants “to settle a debt”. A corrective RNS duly followed. Gotcha! But the transaction still makes no sense.
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