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I wrote to the FCA on the 4th January and received the following advice:
'Thanks for your letter dated 4 January 2023 to the Financial Conduct Authority (FCA) regarding Deepverge Plc .
I understand you invested [£nnnn ]in Deepverge Plc shares and their listing on the Alternative Investment Market (AIM) at the London Stock Exchange was delisted on 27 December 2023. I’ve understood this company is going to be wound up. I appreciate this must be very concerning for you.
Deepverge Plc
I've completed a search on our Financial Services Register, this is a public register of the firms authorised by us and warning pages for unauthorised firms. Based on the information you've provided, I've been unable to locate a firm called Deepverge Plc, which means they're not authorised by ourselves. Please be aware that if you deal with a firm who aren’t authorised by the FCA, you wouldn’t have any protection in place from the Financial Ombudsman Service or the Financial Services Compensation Scheme (FSCS) if something went wrong or if this was a scam. We’ll be unable to provide any assistance in recovering your money from an unauthorised firm.
Your next steps
As Deepverge Plc was listed on AIM at the London Stock Exchange, you may wish to report your concerns to the AIM Regulation Team. I’ve listed their contact details below.
+44 (0)20 7797 4154
aimregulation@londonstockexchange.com
In addition you may wish to obtain independent legal advice regarding your legal position in respect of Deepverge Plc.
What I’ve done with the information you’ve provided
I’ve today referred the information you’ve provided regarding Deepverge Plc to the appropriate team for further investigation. If they require any further information from you about this, they’ll ask me to contact you again.
I hope this information has been helpful and thank you for taking the time to report your concerns to us.
Yours sincerely
Andrew
Supervisor / Supervision Hub
Supervision – Retail and Authorisations / Tel: 0800 111 6768
www.fca.org.uk
I’ve written to the aim regulation and the markets abuse commission. I believe there was both false information released via regulated channel and manipulation by JB & board for personal gain. In short they are f’ing crooks. The more people that have lost here that take the time to write to aim regulators and markets abuse (simple Google search) the more likely the thieving xxxxxx will be held accountable
Would someone be able to share a template for others to use to report those crooks please? Do we have any chances to get anything back?
AIM and LSE are such an embarrassment in terms of enforcement its doubtful we recover anything here. As we type Gerard Brandon and Nigel Burton and their buddies are simply transferring Modern Water and Labskin over to Microsaic for zero returns to Deepverge and the circus continues. An absolute disgrace so the important thing is people do not get conned by their new vehicle Microsaic. Anyone out promoting Microsaic is basically a toxic infection so stay clear unless you want your investment eaten alive.
I'm not legally trained (perhaps someone who is can suggest something better) but for what it's worth here's my draft:
don't delay, email today. We might not get anything back but can help prevent a repeat performance!
Dear Sir/Madam,
As one of the unfortunate investors in Deepverge, I wish to inquire if your department has investigated any concerns regarding the apparent malfeasance, irregular and/or fraudulent activity of the above company - most notably the actions of its directors in the conduct of that company.
It would appear to me that on several occasions the company and its accountable representatives made false and/or misleading statements on several occasions aimed at deceiving existing and prospective investors.
Yours etc.
Here was my effort
To who it may concern
I believe Gerald Brandon prior CEO of DeepVerge plc trading on Aim has a case to answer for deliberately misleading investors artificially inflating share price while personally profiting from selling shares owned by his wife. The company has been suspended on aim and I believe lots of staff have been laid off. There was a £10m raise last year that would have required reassurance on future business that was also likely false. The broker turner and pope who were given shares on DeepVerge are also implicit as is the prior cfo and Nigel Burton the chairman
He lied about revenue explained as an accounting error,
He lied about orders claiming internal manufacturing order’s between divisions consisting contract orders
He lied about a deal with China resources
He lied about a line of business with cruse ships
All his lies are available in published RNS and investor presentations
Regards,