Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Fraud Act 2006 2:2 states: (2) A representation is false if� . (a) it is untrue or misleading, and . (b) the person making it knows that it is, or might be, untrue or misleading. Lets focus on "the person making it knows that it is, or might be, untrue or misleading" now let us consider the statement "10 years of development culminates in this moment, where the first production model of the Flow boiler rolls off the production line" A jury would have to consider whether a boiler that was noisy, self destructive and produced hardly any electricity was in any way a "production model". Given evidence exists it was never produced at all around November 2014, then I suggest a jury would logically conclude the use of the term "production model" was misleading and that the boiler was still in development. Further, If we consider the financial incentive of pumping the SP to over 50p was, let us suppose , a 2 million personal bonus to Mr Stiff, then the case is further strengthened. Next up is Chinese drawings, suppliers statesments and expert witnesses. Tiddly om pom pom eh?
Except in the case of the Flow boiler, the word "omission" is of no interest. I put it to you , based on what has been presented and together with the non-appearance of the boiler investors backed, that you stating the boiler had entered production was a case of blatant dishonesty motivated by great personal financial gain? An clear case of Fraud is it not?
Fraud Act 2006: 4 Fraud by abuse of position . (1) A person is in breach of this section if he� . (a) occupies a position in which he is expected to safeguard, or not to act against, the financial interests of another person, . (b) dishonestly abuses that position, and . (c) intends, by means of the abuse of that position� . (i) to make a gain for himself or another, or . (ii) to cause loss to another or to expose another to a risk of loss. . (2) A person may be regarded as having abused his position even though his conduct consisted of an omission rather than an act. Words are so beautiful, especially when concise, accurate and difficult to bullshit around.....
"No matter what you saw, Win or lose You're all together in the crime"....except those who reported it...witnesses not defendants.
its tiny and de-listing.
"I have pulled out my�500 only lost �10"...result mate. makes the risk of investing all worthwhile when you only lose a tenner.
Tomorrow this will probably de-list and you will lose everything. The likelihood of de-listing is high as the company has sold off its energy business and never had a boiler business. So the company is worthless.
thick as shit. A fool and his money are easily parted.
mugs and imbeciles "averaging down" from their loses earlier in the week? Human stupidity knows no bounds. This stock is proof of that at every level.
"the RNS's being short on technical detail, did not raise any red flags"....well, they should have, given the frankly ridiculous claims being made for the "gamechanging" boiler. "All the various clones and the number of them, shouted the word conspiracy at me" had you not considered these "clones" were actually not "clones" but employee whistleblowers? And yet here you are. Claiming to be sitting on losses like a gullible clown and playing the Tony Stiff clone!
But you were an investor who wasn't suspicious about the claims being made for a scroll based domestic mCHP boiler? You denounced and ridiculed those who posted considered and correct technical appraisals.Did you do any technical due diligence or were you arrogant and believed you were sufficiently knowledgeable about such matters? The due diligence you should have done was to read and learn from those who knew and accept your own stunted intellectual limitations instead of waffling shit. An hence losing money like looking a complete gullible mug. Or a shifty con man who is a parasite.
Your snail mail will bring nothing Biff but bitter disappointment.....do you have any good friends who are silks buffalo?
"Alan and Brad did not only talk on the phone yesterday morning, they got their heads down and dirtied" .......no they didn't.
The buying is likely a diversionary tactic to get the Fraud discussion off the board. So well lined has this sham lined pockets, small change could buy this entire company.
Pumping what? There is no business to pump. Nothing to invest in. Pure gambling on something going up or down Senseless. Stupid. Moronic. Funny to watch.
I have found a supplier who was struggling to make scroll parts in late 2014.
It wasn't that long ago the company released an RNS stating it saw no reason for the price falling. Now it sees no reason for the price rising!! What a piece of shit. This has turned into a crack house.
I think people hoping people lose money here, like me, just think rampers are lying scum of the earth who would sell their own children.
https://www.nhs.uk/live-well/healthy-body/gambling-addiction/
Its a punt for sure but there is more to this than the official line i am sure..........Directors will use this situation to their advantage. The directors of this are worthless. Directors may have far more to worry about than this and may very well be moving it do a different sector soon....