Member Info for WAwa38

Me too, what a mess

I bought these shares immediately after the Forbidden Technologies IPO in 2000, I missed out on the initial ballot, so you can weep for the loss I'm sitting on, but I hope you are right about the future..!

If I had 5p for every time I've read that about this share, I could have safely realised my losses years ago haha

Been invested here since 2000 whaaaa, missed out on the initial subscription for shares, which then and in the next few weeks was almost the only time anyone made any money on this punt - cry for me..!! Gave up on this board in the years of Bonker99 was so toxic, that guy had problems that's for sure, think he still lurks somewhere on LSE.

Stephen Streater was a one hit Eidos, Lara Croft wonder, nothing more.

also so odd that the other business owned by the same crew as NFT Investments, AQRU (Dispersion Holdings rebranded), no chat, no interest, nothing...

you don't necessarily get a 'pre-IPO' price, just a guaranteed allocation at the fixed IPO price. Which doesn't always turn out to be a good thing ha

just this then:

https://www.thetimes.co.uk/article/saatchi-three-get-the-old-band-back-together-tm7h86fw7

article by Jamie Nimmo - copied below:

Corny broker comes a cropper
There’s racy and then there’s Pello Capital. The small-cap stockbroker has been hit with restrictions by the City watchdog. Neither side has explained why, but theories range from a lack of cash on Pello’s behalf to clients allegedly dumping shares after floats before they were supposed to. Pello said it was “committed to working with the FCA to remove the restrictions as quickly as possible”.

It’s not its first brush with the authorities. In 2017, under its former guise as Cornhill Capital, the firm was fined £210,000 over the share placing fiasco at New World Oil & Gas, where an investor, Chris Williams, accidentally bought half the AIM-listed company in the name of his 76-year-old mother, Judith, who owned a lovely bed and breakfast in the Malvern Hills. Other escapades include helping thrice-bankrupt Dominic Chappell drum up funds to buy BHS from Sir Philip Green before it collapsed into administration a year later. The chubby charlatan, now in prison for tax evasion, ended up not paying Cornhill for the advice. Who’d have thought it?

this is true, but retail shareholders, like me, on contacting the lead brokers were redirected to Pello in order to receive an allocation, pre-IPO. Does that clear it up for you. Others on various boards have also told you exactly this, and you seem very prickly about it, which is interesting...

this is true, but retail shareholders, like me, on contacting Novum were redirected to Pello in order to receive an allocation, pre-IPO. Does that clear it up for you. Others on various boards have also told you exactly this, and you seem very prickly about it, which is interesting...

I bought through Pello, but they have now been suspended by the FCA, actually for facilitating the dumping of these and shares in Dispersion Holdings, before the pre-IPO shareholders were entitled to offload...

it's (wouldn't want to risk misgendering) been an annoying presence on this board for donkeys years, you should have been here when Bonker99 was a regular - just toxic. No one could post anything, he'd rant about multiple IDs, just plain weird. He's still around on other boards, for entertainment value...

I bought pre-IPO stock allocation from Pello for both Dispersion Holdings and NFT Investments

exactly - I got pre-IPO allocation for both NFT and Dispersion Holdings from Pello.

and then there's Dispersion Holdings - they've been busy boys. Lead IPO broker, Pello, suspended for allowing pre-IPO investors to cash in too early...

https://www.thetimes.co.uk/article/saatchi-three-get-the-old-band-back-together-tm7h86fw7

article by Jamie Nimmo - copied below:

Corny broker comes a cropper
There’s racy and then there’s Pello Capital. The small-cap stockbroker has been hit with restrictions by the City watchdog. Neither side has explained why, but theories range from a lack of cash on Pello’s behalf to clients allegedly dumping shares after floats before they were supposed to. Pello said it was “committed to working with the FCA to remove the restrictions as quickly as possible”.

It’s not its first brush with the authorities. In 2017, under its former guise as Cornhill Capital, the firm was fined £210,000 over the share placing fiasco at New World Oil & Gas, where an investor, Chris Williams, accidentally bought half the AIM-listed company in the name of his 76-year-old mother, Judith, who owned a lovely bed and breakfast in the Malvern Hills. Other escapades include helping thrice-bankrupt Dominic Chappell drum up funds to buy BHS from Sir Philip Green before it collapsed into administration a year later. The chubby charlatan, now in prison for tax evasion, ended up not paying Cornhill for the advice. Who’d have thought it?

as reported in today's Sunday Times, Pello Capital, lead IPO broker for NFT Investments and Dispersion Holdings, was suspended from any client trading activities wef 4 August - details on the FCA website. No official reason has been given, but the article suggests 'dumping shares after floats before they were supposed to' is rumoured. Certainly seems to have been the case here that's for sure.

as reported in today's Sunday Times, Pello Capital, lead IPO broker for NFT Investments and Dispersion Holdings, was suspended from any client trading activities wef 4 August - details on the FCA website. No official reason has been given, but the article suggests 'dumping shares after floats before they were supposed to' is rumoured. Certainly seems to have been the case here that's for sure.

Pello

and later this week Mike Edwards, co-founder of Argo with Bixby, will float Dispersion Holdings, IPO fundraising at 5p a share closed today, though anyone that keen and based on NFTs dire performance, might as well wait until listing and buy for 3p ha!

and another, these guys are busy boys:

https://www.dispersionholdings.com/