This is bigger than FRR30 May 2021 00:19
This whole affair highlights the laughing stock that is the financial market in UK
AIM is a cesspit of manipulation, theft, corruption and lies.
Lets look at just a hand full of Companies that have stolen share holders money
FRR and CEO Zaza and of course the guy who took his eye off the ball SN.
This is corruption and lies at a multibillion dollar level. Does Block 12 hold commercial hydrocarbons or was that a lie to kep the cash cow open.
GKP and a certain Mr Todd Kozel, OMG again a very similar story about huge resources, fed the corrupt govt lines and the naughty CEO, still, on the brightside he is a very rich man on shareholders scammed money, so at least someone is happy.
We had MTV the disruptive technology, except it was not. The money went on huge wages and bonuses. They invented away to watch live TV on the go. Someone years before had invented a smart phone and basically what MTV had technology for was about as useful as a condom for a nun.
TXO the oil slops Green solution for ship slops, barge Martha ( a rusty hull ) and a computer generated facilities in Bahamas. Still in fairness to the bod, they invested in two private companies with our money. Those companies, financed by shareholders of TXO really flourished. TXO folded thou, just as those two private companies started making huge profits that would be paid back to TXO. Funny enough, the two private companies were also owned by the BOD of TXO.
Scam after Scam in the UK (un)regulated financial sector.
The difference between these CEO's and a masked gun man taking cash in an armed robbery is very slim.
The actual difference is if caught armed robber stealing £1 million gets ten years prison, where as corrupt CEO stealing £40 million gets a life of luxury. Some of the biggest scams in history have taken place here and nothing has been done about it