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Showing posts from May, 2025

[UPDATE WEDNESDAY 28 MAY] UPDATE THURSDAY 15 MAY] JGGI and HINT Merger - Shareholder Meetings Friday 9 May and Monday 12 May 2025

[UPDATE WEDNESDAY 18 MAY - prior updates retained] At this morning's 9.00am meeting the Chairman refused to let me speak or ask questions. Prior to the meeting I had submitted some questions in writing to which written answers were given to some but not all of the matters. I objected but the Chairman was adamant. The meeting, like the last one, was recorded by agreement. The subject matter of which, if any, of the Chair and another Director of The Association of Investment Companies has correctly applied s593(1)(c) of the Companies Act 2006 in relation to Independent Valuers Reports now moves to the High Court at a hearing on 15 October in CR-2025-000388.  [UPDATE THURSDAY 15 MAY - prior updates retained below] Following the 2 shareholder meetings on 9 and 12 May, a formal complaint has been made to the  Market Integrity Unit in the Primary Market Oversight department of the Financial Conduct Authority requesting that the application for Admission to Trading of the Scheme Shar...

And now it is the turn of Fidelity Investments to sort out their part in the scam... What will Andrew Bailey, Executive Director - Bank of England, have to say in public and in only 12 days time?

Just in from Companies House... yet another request for me to help them!  Dear Mark Hardy Company Number:   07133583 Company Name:     FIDELITY CHINA SPECIAL SITUATIONS PLC Please can you send us an attachment of the report (Independent Valuers Report) to this email, for us to investigate further. Kind regards, [REDACTED] Customer Support 03031234500 IN RESPONSE TO: " The form SH01 of 25 March 2024 does not include the Independent Valuers Report that is stated to be attached. Please will you explain why not and rectify urgently?" https://www.politico.eu/event/in-the-city-we-trust-the-fine-line-between-regulation-and-growth/ Do sign up for the Politico Live event when perhaps Andrew Bailey can explain why he thinks the UK has any regulatory reputation left when he and the FCA still let Evolution Equity Partners claim to be regulated by the Bank of England and the FCA - and receive sheds loads more money from the ever compliant subsidiary of the Department for Business and Trad...

Just published and essential reading (albeit incomplete) exposes the fraud and rubbish being spouted by Quantexa and the Albion VCTs and most other Venture Capital funds, Has Quantexa now lost it's Unicorn status? It certainly has when measured in £Sterling.

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  https://www.beauhurst.com/blog/why-investment-data-varies-beauhurst-pitchbook-dealroom/ I have great respect for Beauhurst (EIS fund raising at the moment and probably a very good investment) but even they don't initially report the complete truth when it is staring them in the face and has been pointed out to them on multiple occasions. An extract of a missive to Albion today proves the point: : Even a primary school maths pupil can add up the actual amounts raised and show Quantexa to be a UK Government (mostly by Rishi Sunak) promoted scam:. Beauhurst Blog:     24 April 2025 £421m   revised down on 15 May 2025 to £281m: a 33% LOSS ACTUAL FIGURE?  £267,813,335 per audited accounts and later filings. THAT IS WHY COMPANY LAW COMPLIANCE IS VITAL. and a lovely quote from a French Farmer this morning: “In this country if you don’t burn cars you don’t get acknowledged,” he said at the rally. “And you get f***ed.” I know the feeling! https://www.politico.eu/ar...

A new report finds that it is not just my investigations that show the UK is the cesspit of the World as a result of failings of company law compliance [UPDATE - a Quiz for Sunday May 18th]

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https://taxpolicy.org.uk/2025/05/17/foreign-director-fraud/ and this is just the tip of iceberg created by self-serving and ineffectively regulated Registered Solicitors and Chartered Accountants. THE QUIZ: Ahead of Janus Henderson's fund meeting on May 28th (by which time the Directors and JH promised to have corrected all false filings going back to 2016 and file missing documents - will the meeting be adjourned?) I thought you might like to join in the spirit of last night's Eurovision Song Contest and vote for the Investment Trust Manager which has lied to Companies House the most since 2020 about Mergers and deserves the "NUL points" accolade. The candidates are from the Association of Investment Companies records set out year by year: (click on each image if you want to download and pretend to be Columbo) - beware the Chairman of AIC is a serial offender. (clue: the worst offenders all come from Scottish Investment Managers, the preferred land of corporate fraud...

A most interesting, sometimes enlightening, day at Politico's AI & Tech Summit

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 A further proof of concept....if one was ever needed.... the colleague of an AI developer attendee (who knows Quantexa and its Directors very well indeed) had found his company dissolved for failing to file accounts etc because his accountant had screwed up and no-one told him. It cost a lot to get it back. "Talk to me" was his request along with disbelief about the Quantexa scam. My Quantexa flyer handed out to a few today is on the Albion AATG AGM blog. On a lighter note everyone's ID tag included an AI generated image from a photo taken on entry. Those readers who know me will fully appreciate my wife's raucous reaction to my AI persona.