Dear God whatever next [updated 1st May]....QUANTEXA denies the existence of its $175m Series F preference shares
TONIGHT brings us the news straight from Companies House that no Series F shares exist at all.
Only 3 weeks after the announcement of the Buy-one Get-one free offer subscribed to only by the UK and Singapore Governments and the Toronto Teachers, comes the news that the shares have disappeared altogether. Cancelled already...Money refunded?
Is there anyone working at QUANTEXA with even a pass at a Primary School SAT in maths?
Perhaps Vish and his incompetent directors are relying on AI with its well known propensity for hallucinations?
Wonder what the Albion VCT Investors will make of it on 17 June when they get the first chance to question why their investment has nearly halved in value from the widely trumpeted 2xUnicorn value?
UPDATE 1ST MAY:
RATS AND SINKING SHIPS?
Companies House has just reported that BNY Mellon's man on the board, Joe Sieczkowski, has resigned - he didn't last long, a mere 7 months but still showing on the website as a Director.
Will Vish now come clean and stop lying to Companies House about Sarah Diamond and use Real Intelligence rather than hallucinating Artificial Intelligence to update the Quantexa website?
Perhaps Joe will finally stop telling the world (well anyone who reads LinkedIn) that he has been a Director of Quantexa since September 2021 but just didn't tell the UK Regulators.
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