What if :)22 May 2025 08:46
Fabulous research by Zumore last night.
Consider
- SPL has told us Topham is his client. We now know SPL has a longstanding relationship with John Bolitho.
- SPL invites his clients to invest in RRR, which they do.
- SPL probably on commission
- As RRR struggles SPL arranges loans from his shareholding clients to RRR.
- Loans at very high rates of interest with arrangement fees. I wonder who arranges them ?
- As times get tougher and RRR fails to deliver on promises these loans to become riskier and lenders demand they are convertible
- Soon after the auditors complete the 2024 accounts – all loans are surreptitiously converted to CLNs. No transparency no communication. Note 11 to the half year accounts refers.
- On frequent conversions we never have a holding RNS despite it being to a major holder , or the register of major interests is never updated. Why ? Because it gives the game away
- If the same terms apply as recent conversions its 0.035p plus equal warrants, that’s 20 billion shares.
- No AGM despite it being a legal requirement to have one four months ago. Why ?
- CLNs could be in my opinion converted to 20bn shares. That authority is at the AGM at a time and place of the lenders / Major PI choosing.
RRR is clearly on life support and the major SH’s who are also the lenders aided and abetted by their man on the inside control the company and are ready to take over.
The granny mugger has already conceded numerous connections to RRR.
Full respect to him he’s played a blinder, but Bell is complicit for letting it happen. No doubt he will still be in a job when its private and we have the mother of all debt-to-equity swaps. but the AIM rules and regulations that allow this to even be an opportunity / possibility are shocking.
Nike / Mikey / Liquid / Dicko / Orszag – I’m amazed you can’t see what’s happening under your noses here. And all the time Helpful is posting links and laughing at you.
All IMO and DYOR