Realisation5 Mar 2025 13:08
I would just like to remind you all, if the collective force a EGM, this could be the possible outcome.
When a company's board is forced out and no one wants to take over, the company must appoint new directors to replace the outgoing ones. The remaining directors or the members of the company can appoint new directors. Shareholders may need to agree to the appointment and vote on it.
If the company doesn't have any directors, Companies House will eventually strike it off. This can make it difficult to manage the company's assets.
Listening to others on here yesterday, I still find it incredible that individual investors on here are moaning about Aim.
Aim is crooked and corrupt and it always has been and always will be, when you invest in Aim you are taking a big gamble with your money, you know that you can lose the lot in its entirety, out of all its companies listed only a few make it and thatβs the risk.
You only invest on Aim, money you can afford to lose in the hope of making massive gains.
Aim is similar to the old Wild West simply put, rules donβt really apply.
We are in a situation now, where like other Aim companies we have been hyped by this one over the years of false promises and unrealistic time scales this is nothing new on Aim, but unfortunately this is something we are going to have to live with.
If this company does not come to fruition, I suggest you just walk away and accept the loss, very similar to when you have a bet on the horses, the alternative I see could be years of challenging, spending more money, (LEGAL EXPENSES) and eventually getting nowhere, except getting older each year and turning into a moody, grumpy, unhappy moaning individual for the rest of your life.
As they say life is to short, just write it off and use this experience going forward in life and investments