Member Info for Iwant

This is one of those relatively dated buyout sales offers. The primary issue lies in the fact that the AVO CEO assumed another role in a French company since January, diverting his attention away from AVO. Moreover, it's evident that he has been dedicating his efforts to the other company for longer than just since January.

Provisional announcement of bankruptcy A.D.A.M. SA

Debtor                              

A.D.A.M. SA

CHE-114.005.079

Route du Nant-d'Avril 150

1217 Meyrin        

Date when bankruptcy proceedings were opened: 05.06.2024

Https://shab.ch/#!/search/publications/detail/eb96c3c2-ae0c-461b-a1e2-8fb0474a8619

Compulsory strike off... Not company strike off.

autocorrection was too fast

Good news, perhaps still a chance. Today the company strike off has been suspended

Broomtree, if you follow the link that I posted here on May 15, you will find a new PDF that mentions a two-month deadline.

AVO has been lying in a coffin since today and is waiting to be cremated on 21 July, unless a miracle happens before then and the BoD wakes up from its coma.

And again, nothing from the BoD.

Https://find-and-update.company-information.service.gov.uk/company/05564418/filing-history

Ac123, You are right; the term ‘confident’ has not been used so far. Unfortunately, it still isn’t a definitive commitment. I don’t have much faith in the Board of Directors, but I’m trying to see it as something positive. From now on, the information should be made directly available on the homepage or another social media platform. I only know that the remaining employees don’t really know any more than we do.

The non- distribution of the information seems to be a problem by LSE. See here:

https://www.londonstockexchange.com/news-article/market-news/cancellation-of-admission-to-trading-on-aim/16461054

Yes

But nothing on AVO's homepage about it.

Here is the answer

https://www.sharesmagazine.co.uk/news/market/LSE20240509070009_5175051/cancellation-of-admission-to-trading-on-aim

Anybody around there on 15th of May to join this "event?

Petitions to Wind Up (Companies)

In the High Court of Justice

No CR-2024-001904 of 2024

In the Matter of ADVANCED ONCOTHERAPY PLC

(Company Number 05564418)

and in the Matter of the Insolvency Act 1986

A Petition to wind up the above-named company of Advanced Oncotherapy PLC (Company Number 05564418) of 143 Harley Street, Ground Floor, London, England, W1G 6BH whose nature of business is other human health activities, presented on 28 March 2024 by SOFTCAT PLC, Solar House, Fieldhouse Lane, Marlow, Buckinghamshire, United Kingdom, SL7 1LW claiming to be a creditor of the Company, will be heard at The Business and Property Courts of England and Wales, The Rolls Building, 7 Rolls Buildings, Fetter Lane, London, EC4A 1NL on 15 May 2024 at 10:30 (or as soon thereafter as the Petition can be heard).

Any person intending to appear on the hearing of the Petition (whether to support or oppose it) must give notice of intention to do so to the Petitioner or to their Solicitor in accordance with Rule 7.14 by 16:00 hours on 14 May 2024.

The Petitioner's Legal Representative is Paul Abdey, Brachers LLP, Somerfield House, 59 London Road, Maidstone, Kent, ME16 8JH Telephone: 01622 690691, Email: paulabdey@brachers.co.uk (Reference number: 300/STA6120.7789)

Has anybody a X account or similar to continue the discussion in case that this chat will be closed too?

It appears that there’s a resurgence of activity at A.D.A.M., marking a significant development after a prolonged period of inactivity. Both Jonathan and Anna are working at A.D.A.M. This update, sourced from a March 2024 journal entry, has been recently highlighted on the AVO homepage in their newsroom section. To be optimistic that the upcoming RNS will provide us with comprehensive insights beyond the usual content replication.”

Could you provide a link to that information?

I hope so. But as long as we don't have further details about it, I will not open a bottle 🍾.

Does anyone know what is the status with the petition in UK?

ADAM has not been liquidated but has regained its normal status. This means that a financial solution was found at the last moment to avoid bankruptcy and cancellation.