Member Info for Reardon95

It was legal under the aim rule of being a cash shell and a reverse takeover so it only needed an ordinary resolution.

Wow…we have been truly shafted and this was all legal

This was my response

Hi Ben,

Thanks for the response. But wouldn’t this class as a related party since Adam is going to be the CEO and have an equity stake in the new firm under AIM rule 13?

Best wishes

Dear

Thank you for your email.

AIM Rule 15 requires only an ordinary resolution; it does not state (unlike for the Cancellation) that it needs the consent of not less than 75% of those voting.

Hope that helps and kind regards
Ben

Bidco isn’t the parent company though? It has only just been created as a purpose of gifting this company to adam and Baaj

I phoned them but not sure what department to contact so I emailed. Also emailed my broker and its and contacted Hudson sandler (who are in a massive flap)

This has been a crazy day, still no clarity how this has been passed as an ordinary resolution so far. Hudson sandler are inundated with phone calls regarding this, no one available what’s so ever.

They will investigate if enough of us make a noise.

https://www.fca.org.uk/news/press-releases/fca-decides-impose-conditions-takeover-link-group

Poor what’s your plan of action? I know you are down big here too.

Shareholders here have to contact FCA regarding this, there is a huge case of suspect activity.

They’ve counted it as an ordinary resolution somehow?? Needs investigating

Ffs

That’s right Elgin

3p at least in the next week or so

Love it Neil lol

Double NO vote would be good for the soul. PI standing strong!

Must be someone at the gm

Lift off!!

Morning gents, not much movement so far! Has everyone else sold??!!

What’s your average Neil?