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.
Oh dear, oh dear. Over at companies house new filings emerge which show that a long list of folks including Zak Mir, Harvey Weinstein’s goon Seth Freedman, Barings’ Nick Leeson, Meg Short at Bloomberg, paid promoters like Sunday Roast and Stockbox and City enablers like Cairn Financial and broker Oberon owe me a very big apology. Will I get that apology?
In September, broker Oberon raised just over £1 million at 1p for the fraud run by Paul Mathieson. By October, as I exposed and proved HERE, Amazing was paying Freedman, a man who earned money harassing women Harvey Weinstein had raped, Leeson, and Mir’s Lift Global Ventures PLC £15,000 each to “destroy me” so that I could not call out the fraud.
After Mathieson, at the suggestion of Freedman, weaponized my mother’s suicide to destabalise me and then joked about her hanging herself, Amazing’s advisor quit and although Meg Short carried on spreading the “rumours” no other advisor would act for Amazing and so it said it would delist. It then changed its year end so as to avoid having to publish accounts and then changed its name to XXXX Holdings Ltd. Its accounts are now due by June 30 but will never appear because it has applied to be struck off as a company on 6 June as you can see below.
So all the money and assets will no doubt have gone, there will be no accounts to show where they went and we can all carry on as before. The scumbags at Private Eye who seem to think that joking about the suicide of the sister of the Magazine's founder is okay can pretend that Mathieson who has created this bezzle and who hires scum like Freedman to destroy journalists exposing fraud is somehow morally equivalent to that journalist using some hurty words in calling out bad actors, will sail on being pious The authorities will do nothing. All those who took Mathieson’s shilling to enable this scam will keep their money. Meg Short will face no sanction as Bloomberg’s Ethics czar Laura Zelenko who promised a full enquiry delivers a cover up, not bothering to contact witnesses who have told her they will talk. And investors are wiped out.
This is the 4th time Mathieson has floated the same business on various exchanges and the 4th time this has happened. Does nobody ever learn any lessons? Sadly as I shall demonstrate in a bonus bearcast later about a new company joining AIM the answer is NO!
If there are shareholders out there I’d suggest that they object to the strike off. If it goes ahead then any assets within the company will pass to the Crown. But I’d bet that there are no material assets left to transfer. All the cash and the business entities will be long gone. But objecting to the strike off might establish this beyond doubt which would surely raise questions as to where the money went? IT would also mean that accounts would have to be filed meaning more problems for Mathieson when he, inevitably, fails to file. That might beg more questions someone in authority should be asking.
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.