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EXPOSE: Investment Evolution Credit: a £13m scam listed on Aquis c/o Cairn Financial it’s a zero

By Tom Winnifrith | Thursday 29 February 2024

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 shocking and I can only think that my pal Liam Murray at Cairn Financial and the chaps round at Aquis Regulation had overindulged on the Christmas sherry on an industrial scale when Investment Evolution Credit (IEC) was listed on 14 December 2023 raising gross proceeds of £508,000. At an 85p mid its market cap is already £12.72 million but it’s a scam, a worthless con as I shall explain below. Its accounting is mind blowing and it just lies about what it does. On its website, Investment states that:
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