In order to lighten the gloom, may I recommend all interested parties read the Shareholder Update published by the Company today. Everything is progressing as planned.
MESH shareholders have just voted 99.99% to accept AAA shares on the basis of 1:1 this morning. This means that the Sentiance deal can now be concluded and ASLR now have large chunk of AAA shares as a result.
Possibly due to it owning 8% of MESH which will entitle it to 240M shares in AAA Capital when their merger is confirmed probably on 5 Nov, prior to completing the acquisition of Sentiance
The big difference is that they will not be producing in the UK relying on product from Israel. Effectively they are only a distributor of a foreign product which will also require UK authorisation
Surprised you had any problem as this is a main LSE share. I made two purchases about the same time using EQI as I always do online and both went straight through.
AAA are expecting to complete a 75% acquisition of Sentiance NV by 30 September absorbing MESH Holdings at the same time. This should enable them to relist from a position of strength.
As I understand it there has been a delay until 30 September to complete the 75% acquisition of Sentiance until 30 September which takes precedence. This also involves doing a share swap with MESH holdings who own 20% of Sentiance. AAA now have confirmed support from over 50% of Audioboom shareholders for the takeover and I would expect an extension to October will become a formality.