Member Info for buried_treasure

Archer is in bed with the Sunday Roast parasites who are paid to promote the shares they feature.

It is impossible to know whether he has been paid to form a positive opinion or has done so independently.

I am afraid that I therefore have to ignore everything he writes or says.

If he's being paid enough which one of you is wasting time?

"Sounds so stupid".

Indeed.

Have you bought in here Stocksandstuff?

As Forrest's mam once said, stupid is as stupid does.

I'm old enough to remember a time when the majority of small cap public companies were managed by honest directors who were well rewarded to run them for the benefit of shareholders. All of society shared in the benefits of good business done well.

We had self-regulation which drove out those who took advantage of a system that promised a decent living to anyone who played by a set of simple rules. Now we have a regulator presiding over a rule book ten times as thick who encourages the grift by almost complete inaction in the name of 'light touch'.

And now look. Families like strichen's pillaged just for trusting those old, long lamented principles. London markets, once world leading, now shunned as some seedy little backwater where anything goes.

I suppose we get what we deserve in the end.

As is usual for you, that is absolute nonsense troajan.

An export receipt in NOVEMBER has no bearing on the accounts for the year ended JUNE.

Unless you are that desperate for cash that it demonstrates to the auditor's satisfaction that there is only a material uncertainty as to going concern, not actual proof that the company is insolvent.

Missing the accounts deadline TWO YEARS RUNNING is a massive red flag, despite how much you, Batman, Robin, Jimmy Too Teef and the cheerleaders here might try and deflect from it.

"it is common theme on small caps"

It may be a common theme with the utter trash you invest in and comment on Stocksandstuff, but the vast majority of companies large and small manage to get their results out within the prescribed four months (DTR 4.1.3 - I looked it up). If AstraZeneca, HSBC and Shell can do it with VASTLY more complicated businesses, what is Jimmy Too Teef's excuse?

GOOD companies have no problem getting their numbers together, disclosures written and statements audited in good time, thereby keeping the market up to date and their shares trading.

BAD companies have long discussions with their auditors over such things as going concern, solvency, and even how they are going to pay the audit bill.

Missing a results filing deadline is a massive red flag. A sign that all is not well with the numbers. Doing it TWO YEARS RUNNING is a sell and avoid signal like no other.

Sell all this garbage you post on, learn your lesson, and LTBH some shares in proper, grown up, well run businesses.

Then grifters like those running this sideshow won't have any enablers, and they will be driven from public markets for good. My work here (and elsewhere) will be done.

Whatever career St Sath has in the public markets after this, the last few months will always return to haunt him. You can’t pull off this kind of spoof twice and serious investors will always wonder whether his ‘long on promises, short on delivery’ days at Bluebird are truly behind him.

As a reminder

Rode into town.

Replaced the sitting CEO.

Talked like Allen Stanford (“£1 billion company over the coming cycle”).

Announced £2M funding but actually delivered £0.

Announced ‘immediate’ £1M BTC investment but actually delivered £0.

Despite being a self-proclaimed banking and crypto expert, can’t even get a UK company incorporated, set up with a bank account and “institutional-grade bitcoin custody” (whatever that means) in four months.

Drafted a Prospectus “with a view to raising a minimum of £10 million” and which “could be completed in an anticipated 8 weeks maximum” – 14 weeks later you were told “at present the Board is not in a position to provide definitive guidance on the size or timing of any raise”. A month later you are still waiting for Prospectus approval.

Lied to a shareholder regarding the Disclosure and Transparency Rules.

Scheduled “an investor presentation for mid-October, by which time the Company expects greater clarity on regulatory timelines.” Since then? Silence.

Since 25 June, overseen a near 70% reduction in the share price (1.45 mid closing 25/6).

May - 4 RNS announcements, closing price 0.25

June - 9 RNS announcements, closing price 1.1

July - 5 RNS announcements, closing price 1.3

August - 4 RNS announcements, closing price 1.45

September - 2 RNS announcements, closing price 0.73

October - 0 RNS announcements, closing price 0.45

If you can't see what has happened here you are in denial.

If you got caught up in the spoof and did your conkers, learn this lesson and be a bit more circumspect next time.

According to the Listing Rules however...

Maybe you and CHAIN could get a discount for a bulk buy of training.

Where is PompeyM to decode these cryptic messages for us? I miss him. And his dead horse.

So it's either a 4:45 Friday 'no one is watching o'clock' special, or suspension before the opening bell Monday. Even money each of two. Neither inspires confidence.

If Jimmy Too Teef can't get the results out on time TWO YEARS running, what are you mugs paying him for?

I expect the market to be as uninterested in today's RNS as it was the first time this was announced.

"NAV approx 20p per share"

I hope you're fooling yourself mate, because you're certainly not kidding anyone else.

This is the "f... you" moment.

You love to see it.

If only more shareholders of companies in the -99% club showed some stones and voted down the ongoing troughing London would be a better place.

Although it should of course be the regulator leading the way on dealing with the lifestyle grifters way before it gets to shareholders raising the middle finger.

"latest news"

Again, no laughing at the back.

If the "latest news" were good news, you would have heard it. Ergo the assumption has to be that the "latest news" is bad news.

As Tom Winnifrith often says, good news is usually early, bad news usually delayed.

If you couldnt see it coming you've been done up like a kipper. Maybe next time you'll be a little more circumspect.

Or not, as the case may be.

At least the £2M St Sath is putting in at 2p is not Prospectus dependent, or so he said at Sharestock. So that should be "immediate".

(No laughing at the back...)

"Fully funded to drill" though, yeah?

Those accounts put that outright lie to bed once and for all.

If they're lying as blatantly about that, what else are they lying to you about?

Lionel

Once you've stopped smashing the keyboard in anger and your distended jugular has returned to its normal position, would you care to retype that so it is comprehensible?

Lionel

I make no secret of my disdain for the grifters that put out the Sunday Roast podcasts.

Paid promoters like Stockbox and Roast are parasites on the market. Those who are being paid to promote should be forced to declare it at the start of every interview because then everyone knows it is an opinion that has been bought, not formed independently.

They are takers from the market and add nothing to debate. Just a mouthpiece for poor performers, and in some cases outright wrong'uns. Who pays the Roast and Stockbox parasites? The companies they promote. Who pays for that? The shareholders. YOU, HERE indirectly subsidise this drivel. Some of you actively amplify it!

Good companies do not need paid promoters to ramp their stocks. Good companies deliver profitable growth and let that do the talking for their share price.

Any stock that pays for Stockbox or Roast PR promotion is an immediate sell.

For financial masochists only.

So the Sunday Roast interview is in.

Placing in 10, 9, 8...