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Regtech confirms Zamboni not paying so technically insolvent, warns revenues collapsed in 2023

By Tom Winnifrith | Monday 4 March 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.


The fraud Regtech Open Platform (RTOP), floated at 100p last August but whose shares now trade at just 4p has served up a dog’s dinner of a trading statement and a tacit admission that it is technically insolvent. In the days of old when regulators gave a FF these shares would have been suspended pending clarification.
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