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In advance, I thank you, Tom Winnifrith. So, I suggest that Zamboni has not paid a cent. However, there is an RNS today. Like so many penny dreadfuls its shares have collapsed below par value of just 0. And boy does it need to issue shares.
Already the bid is, at 0. But worse is to come. This is like groundhog day. The last for 1 share consolidation was just 32 months ago when, laughably, dumb shareholders were told it was needed to allow dividend payments. But, no dividends and numerous placings later, Vast has again run out of cash and again its shares have slumped below the 0. Its groundhog day! Yesterday I suggested that Technology Minerals TM1 the Standard Listed joke company drowning in the stench of disgraced fraudster Chris Cleverly would see its death spiral provider start to dump shares on March 8.
But I may be wrong. It could be today. Let me explain. Shares in this perennial penny dreadful are now just 0. You remember Globo GBO. I was a bear and pointed out numerous red flags even doorstepping it in Athens. Then Gabriel Grego compiled a bombshell dossier. Snot gobbler Dan McCrum at the FT did not have the balls to publish it but alerted the CEO who sold millions of pounds worth of shares over the four days until I obtained and published the dossier, the shares were then suspended , there was no cash, no profits it was a fraud, a slam dunk fraud.
