Thorn Medical withdraws from listing on London Stock Exchange

In January 2016, Thorn Medical, a healthcare company, announced that it was planning to list “within the next two months” on the London Stock Exchange with a valuation of £350 million. In February 2016, Lord Beaverbrook joined Thorn Medical as Chairman. In October 2016, Thorn Medical wrote to its shareholders to tell them that the company had withdrawn from its listing on the London Stock Exchange, but that a related US company would list on the Nasdaq Stock Exchange in January 2017.

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OffshoreAlert slams Operation Rico: “When it comes to combating global investment fraud, the UK is part of the problem, not the solution”

On 25 February 2014, police arrested 110 people suspected of being involved in boiler rooms. The City of London Police put out a press release announcing that, “A groundbreaking partnership between UK and Spanish law enforcement agencies has led to a total of 110 arrests”.

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Response from Phil Wombwell, ex-director of Eventus Alternatives: “Since 3 years have passed I would like you to consider removing the article in its entirety”

2016-08-25-183607_1680x1026_scrotThree years ago, I wrote a post about a Dubai-based Eventus Alternatives, a company that specialised in selling carbon credits to retail investors. A week after the post, Eventus Alternatives’ solicitors threatened to sue me for US$250,000. Three years later, the company’s ex-director, Phil Wombwell, wrote a nice email asking me to remove the post.

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MED Investment Operations – Part 1: Anyone want to buy 345 million REDD carbon credits? Only US$6.80 each

MED Investment Operations LtdLast week, REDD-Monitor received a message from Boniface Mburaburirwe asking whether I have any buyers for carbon credits. I suspect Mburaburirwe hasn’t read much on REDD-Monitor, particularly not the series of posts about scam artists selling carbon credits to unsuspecting members of the public as investments.

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