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Aaqua was debugging their app, ready for their beta launch. Candy kai boshed the whole thing with his WWFO. Had they been given the time, Aaqua could have no doubt secured additional funding to keep going, but Candy crushed that ! Candy conflated the issue of Boom, AAA and Aaqua. Especially Boom, which then also collapsed. The complete loss of SHV across the board can only be attributed to one individual.
Nick Candy is equally to blame. Even his lawyers admitted he lied to secure the worldwide freezing order that killed AAQUA. All he had to do was see it out until launch and get his money back - the world is crying out for a new social media platform. Either way it is clear Rodger Sargent and the old Directors got caught drinking the Koolaid - loaning RB money directly without security, what were they thinking?!
Why don’t you say how you feel ?!
Is a massive crock. Please do get in touch with me to litigate - I’d be delighted to have a chat with you you fat piece of ****
AAA have rearranged the Board of Directors and are out to join the witch hunt without any conclusion of the court case.
Extremely depressing.
Company update out this morning. It doesn’t make good reading! Good luck to all holders here, I fear it will be needed
Wish her well in her investigations but it won't help me get anything back from my investment. I am more interested in how Sentiance disentangle themselves from Aaqua. Where AAA sits in all this and what opportunities are in the pipeline.
Not sure whether anyone on this posting is aware that katie.prescott@thetimes.co.uk wrote an article in the Times last month on Bonnier and Aaqua. She is 'actively investigating' him and the circumstances around the collapse of the company.
She asks if any of us have contacted the FCA or complained to the company.....or what steps we have taken so far.
I have given her an anecdotal summary of what we have suffered in the past year.
Should anyone have the energy to engage her with a more forensic analysis, who knows where it just might lead.
I wonder how long before we get the result of the strategic review?
Good or bad, who knows, but it would be handy to know where the roots of AAA are entwined in. AAQUA, Sentiance, Audioboom, ASLR, etc. That way we will know if we have any value left in our shareholding.
I have never heard of anything like it how can they carry on with these ridiculous non existent updates?
Where is all the share capital funds? Surely the LSE should be able to shed some light on this?
Any news anyone ?
Not giving much away except the shuffle of the board to ex Aaqua execs suggests they might have a plan.
Gossip around is ... "They are trying to get an update out before year-end."
The ASLR sp has crashed as Dev Clever delisting, we could do with an update from AAA
Bonnier and AAQUA have estimated damages owed by Candy to be in the region of £97-$144M.
Are suing for loss of earnings due to Candy managing to freeze their assets without good reason.
Yep, all Candy had to was hang-on, launch and see how it did. Very strange to blow things up when he did. Gonna cost a lot in damages now and cost us all a fortune
The 30 day moratorium period must have expired by now so we should here whether there is a plan to regrow AAqua from the ashes. Sounds like the app was almost ready to launch. As per usual it doesn't matter if the product is any good or feels dated, whether it is a success depends on the hype. Unfortunately, it will be very difficult to hype after what has happened. Candy should have held his nerve.
Thanks for posting this - we need AAA to tell what is going on - nothing heard from them since the AAQUA statement in mid-October or Buchanan who told me in May 2021 that all would be sorted over a year ago and not to worry
Well worth a read. RB sounds like a slippery character indeed
https://www.ricemedia.co/aaqua-failed-startup-singapore/
file:///C:/Users/woodw/Downloads/Telegram%20Desktop/CL_2022_000367_Damages_Inquiry_Points_of_Claim_09_11_2022.pdf
Nearly a year now since the deal was done, yawn.
Ha ha ha ha the big announcement was a new website. Sums up this share since suspended