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 12 February I revealed here how AIM listed Jade Road Investments (JADE) led by John Croft was facing a £109 million legal claim, something that dwarfs its cash reserves of sub £6 million and its puny market cap. Jade has made no comment but I have confirmed today with the claimant that the claim is very much live although Jade has not actually responded to it. I have written to both AIM Regulation but also the FCA as this also concerns Main Market Listed Golden Rock Global (GCG).
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