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This is from Bladesharp on page 2 of this board.
If you were a Bidstack shareholder at the time of Administration please fill out this form in preparation for potential legal action. NOTE: you must have been a holder at time of administration. We are discussing with lawyers. The more shareholders we can include in any potential legal action, the more financially viable the case becomes and hence it would be easier to raise litigation funding. Your data will be kept encrypted and not shared with any third party at this time. We will contact you if we get to the point of needing to share with lawyers. For full transparency, this form was set up by Hugh Acland and only he will have access to your data at this point.
https://form.jotform.com/240862361596059
Here is the jot form for those that missed it, it hasn’t been deleted, bladesharp posted it on 27th March on here so you would have needed to scroll back through the posts to locate it.
https://form.jotform.com/240862361596059
OK, if he is the best one to arrange this it's fine by me and we'll stand by him against the fraudsters. Can you contact him somehow? Tell him that we are willing to take a legal action against the fraudsters.
Who is Nick that you trust to arrange things? A no win no fee Company would be good to undertake this but I'm willing to pay for a barrister too. They shouldn't be able to get away with this.
What is the jotform the other poster mentioned below. I can't see any relevant message. Maybe it was deleted?
We need to find a way to communicate so we can remain together to fight the fraudsters. Someone need to arrange things and start the case .
If we can find some big players who lost money too we'll cooperate with them. If anyone has any information please post it here.
Https://mobilemarketingmagazine.com/azerion-buys-ad-tech-platform-hawk-for-7m-rising-to-a-possible-20m/
I am sure Azerion would have been up to buying Bidstack if the BoDs were actually honest and had accepted to sell the IP as part of the deal. If the IP wasn't part of the deal it's no surprise that they didn't find a buyer and that's where the fraud is. They used money from Shareholders to then create a private company without consulting shareholders and taking all of the money which doesn't belong to them personally in the process.
Plenty of bad smells coming from the Netherlands
The question is who are those individuals or group of people or institutional investors taking the directors to court. If we know that then we can co-operate and join them.
How to find that out?
If it is proven that fraud has been committed then surely the directors can be liable personally?. Anyway we won't know if we can get some of our money back until the company and its directors are taken to court. They have been handed out millions. These millions must be somewhere.
I very much doubt you'll ever see any of your money back, but what has happened is more than disgraceful. How on earth can those c**** think they'll get away with this.
Thanks Bladesharp. I have submitted the jotform. Lets take the directors to court.
I have lost a lot of money like others here in this group. Is there any way out to recoup some of the lost money or should I assume that everything is gone.
In any case these fraudsters are a danger to the public and must go to prison.
Let's take them to court to see where all the money has gone and how they were able to buy the IP from the public company without asking anyone. If it was a company which failed then there would be no interest from anyone. But here we have big partnerships and IP which worth a lot of money. How this can be stolen from shareholders like this without asking. All the IP was built using shareholders' money and it belongs to the shareholders. We shouldn't give up on this. British Justice needs to be judge this case.
There was a big fraud committed here by the directors and Irdeto is involved too for sure. All the shareholders should cooperate here to take a legal action against them for this fraud so the fraudsters will give the IP back to the public company under new management and then go to prison as they deserve. Are you shareholders ready to cooperate together to take this legal against the fraudsters?
At least Sam Bankman Field says he is sorry. Draper ain't sorry. He's DELIGHTED lol
FOG
Https://finance.yahoo.com/news/sam-bankman-fried-sentenced-to-25-years-for-defrauding-ftx-investors-153316368.html
this guy got 25 years in prison for defrauding investors...hope Draper and his lot get caught. What they have done cannot be legal. They are boasting about the company having great potential and they cannot find one single company to buy Bidstack. I smell a rat. The IP was shielded for sure and as Nick Hargrave probably rightly speculated they just pretended to look for a company to buy Bidstack when the outcome had already been decided leaving all of us, the shareholders in the dark. How much money has been poured into Bidstack over the years I wonder.
FOG
Thanks for sharing fog. That's a very clear, fair and factual summary, well done Mr Hargrave - I salute you. As it is the truth it should be taken up by everyone that receives it without question. It's time the truth prevailed rather than lies.
Here you go:
https://mhmembers.com/bidstack-director-conduct-complaint/
Could you guys share the text of the Hargrave summary on here, I haven't seen it
Yes thank you to Mr Hargrave for summarising the chain of events. How a company can burn $30M within two years and become insolvent when all the investment they have to do is in tech/staff and not in heavy machinery or raw materials is beyond me. I would like to know how much (of our) money the BoDs were extracting every month for themselves.
How they could now be delighted to have driven the company to the ground and stole it from the shareholders is beyond belief and criminal. Unbelievable. Anyone associating themselves with Bidstack now is complicit of this robbery.
FOG
Fair playing Mr Hargrave. Kudos to you
Damning, but factually correct, posting on Twitter and hashtagging some serious news outlets.
Fingers crossed some one has the bulls to run with it.
After all it is everything that is wrong with AIM market.
I’m assuming we’ll all find out this was just a big ruse in a few days time. Old Draper…was is he like!
Waite and other influencers were likely to have been engaged early on to assist with achieving a favourable share price for those founder sells as well as for themselves, as it happened the price peaked a bit too early but they still did very nicely out of it
We've all been on the losing side for years. Just took these to go pop before some people realised it was all just one big charity fund raising event....and gravy train. I did try to point it out several times over the past few years though 🤔
What happened to all the deals mentioned in this video. They should have been making a fortune, maybe they did but hid it?
Dentsu, the Trade Desk, Unreal Engine, Appnexus!!
https://audioboom.com/posts/7357213-bidstack-two-shields-investments-and-bahamas-petroleum
Push send before I finished.
I’m interested to see what happens now with shareholders filing complaints etc.
so ultimately we are all on the same side now