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.
Shares in Beacon Hill Resources (BHR) are suspended now after an EGM yesterday failed to vote through resolutions allowing dilution to oblivion. The company will probably go into administration. But now I ask Chairman Justin Farr-Jones some questions about his friend the hairdresser.
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
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.
Comments
Spoilt Git
Shit hitting the fan with so many AIM companies unravelling this year and presumably into next, as their dealings come to light.
What’s infuriating though is is takes the Sheriff of AIM and other peed-off investors (aka ordinary, concerned people) to highlight this mess. What the hell are the handsomely-paid FCA and regulators doing all day long (please don’t tell me ‘a huge pile of coke’ as I might just believe it). So many red flags they miss or ignore. Are they institutionally corrupt, overworked and toothless, or both?
alfie
Seems to me this oozes fraud….Fart-Jones has obviously got his mate the hairdresser to buy shares and try to derail the egm vote….Scandalous and I reckon Jail awaits if the FCA have the balls to do something !!!!!!!!
humbugg
The Daniel Lark situation is just the tip of the iceberg imo. Hopefully the FCA will finally start earning their salaries and investigate where Farr-Jones grubby little hands have been moving the money. What $80m tier1 mine & wash plant??? follow the money FCA
Nunquam
If he can be brought to book then this might send out a message to other greedy incompetent BODs. So please bring him down.