Abal Share Discussion Threads

[chimers] 20/1/2020 15:37

Nothings on track the money has gone it is over.
Get counseling.

[stark industries] 20/1/2020 14:59

Not long to wait.Everything on track :)Should get an update this week GL

[chimers] 17/1/2020 10:25

It's what is generally known as a SCAM.

[chimers] 17/1/2020 10:23

Your wasting your time guys your money has gone.
They fleeced you.

All your seeing now is the vinegar strokes as they play out the remains of their exit strategy.
There was never a deal.

[bigboss13] 17/1/2020 10:15

RTO iscompelte?

Also what does the below mean, a comment from someone I saw

28 days notice of EGM required and shareholder approval needed for the fund raise.. Not happy

[bigboss13] 17/1/2020 10:14

Stark, what does this mean the

[stark industries] 16/1/2020 17:40

Looks like they've now added London as one of their sites on Linked In
and they now have 19 employees active in the company - They have taken on additional staff (over 5)



About us
Cross-border (Milan, London) “fintech hub” with three active business lines:

1. Regulatory – Technology (“RegTech”) and Supervisory and Technology ("SupTech"​) through RegTech Open Project - Subsidiary Company

2. Asset-Based Fintech (focusing on Inventory "monetization"​; through Supply@ME - Subsidiary Company)

3. Insurtech (focusing on Internet of Things and proximity insurance through Darwinsurance - Subsidiary Company)

Website
hxxp://www.theavantgardegroup.it

Specialties
Innovation, Fintech, Regulatory, Insurance, Digital transformation, Working capital optimisation, Blockchain, Internet of Things, Artificial Intelligence

[stark industries] 10/1/2020 20:30

As far as I'm aware everything is on track and I'm hoping that we have the long awaited news by this month...hoping.Everything points so far as positive and ik going by the management that are involved here and the chosen target.In the last RNS Simon Charles mentioned he is trying to negotiate the best deal for share holders ?Fingers crossed we get rewarded well for the patience and the reason why we bought in :)GLA

[computercoders] 10/1/2020 17:04

RT and suspension lift still not sorted? How much longer...I haven't been following the story here? Fintech RT still on?

[stark industries] 31/12/2019 20:10

investor(s) presentation dated Oct 23 2019
Supply@me meets the investors

[stark industries] 31/12/2019 19:51

4 Non-Bank Players Taking on Europe’s Inventory Financing Market

Keeping in mind the background of Europe’s trade finance gap as well as the opportunities and challenges for non-bank companies looking to increase market share in Europe’s inventory financing space, here are four non-bank players making waves in Europe’s inventory financing market.

Supply@ME: Supply@ME is a platform for connecting companies looking for inventory financing with investors looking for an alternative and higher-yield investing opportunities. A subsidiary of the Italian financial services company the AvantGarde Group, Supply@ME uses the latest in cutting-edge technology – including ERP integration, blockchain smart contracts, and Internet of Things (IoT) – to analyze and monitor a company’s inventory, present the information in a consistent & understandable manner to potential investors, and manage residual risk.

TraxPay: While many FinTech players seek to directly challenge the banks’ entrenched dominance in the supply chain financing market, TraxPay offers a more collaborative solution. Its platform connects with buyers’ ERP systems, allowing suppliers to view much more detailed information than they would be able to on a standard invoice. TraxPay lets buyers offer their suppliers dynamic discounting and conditional payments (secured by blockchain smart contracts) to improve their liquidity and working capital management. TraxPay also partners directly with banks, offering them higher clarity into suppliers’ businesses, allowing them to offer additional financing solutions – including inventory financing.

Demica: An established non-bank player in the working capital solutions space, Demica’s primary clientele comprises large corporates doing over $250 million in annual revenue. Because of the size of its customers, Demica offers a more bespoke service complete with advisory, which is more reminiscent of a private placement rather than a public auction. On top of that, the company also licenses its platform to third parties, including banks and other financial institutions. While its offerings tend to be of the more traditional variety (invoice and receivables factoring), it recently moved into inventory financing.
Hitachi Capital (UK): The European subsidiary of the Japanese financial conglomerate Hitachi Capital Corporation, Hitachi Capital (UK), offers comprehensive financial products that cover both retail and commercial – including inventory financing. While Hitachi Capital (UK) is by no means a FinTech startup, it is still growing its European presence, and inventory financing remains a small part of the overall business.

[stark industries] 30/12/2019 19:42

below is feedback to Simon Charles by John Treacy (8 Capital)

"Up to the minute knowledge of the AIM rules and practice".

John Treacy, Eight Capital Partners Plc




Simon Charles seems to be the perfect fit



Last Update: 22 Oct, 2019
Global presence: France, Germany, Italy, Spain, United Kingdom
Company priority: We're on to something big this year!

[stark industries] 30/12/2019 19:31

The credentials of Simon Charles
He is a respected seasoned governor on AIM and wears many legal hats

Simon Charles
,
Partner
Simon is the firm’s joint senior partner. He advises public and private companies, NOMADs, sponsors, brokers and private and institutional investors. He handles financings, restructurings, M&A, admissions to AIM and the Main Market, corporate governance and Financial Services & Markets Act issues including AIM regulatory and FCA investigations. Simon regularly advises companies and NOMADs on secondary equity issues and IPOs. He has particular expertise on the duties of company directors and on shareholders’ rights.

Simon is rated in Chambers and Partners UK and The Legal 500 UK as a noted practitioner in corporate finance law. He has been described by clients as “A tough and effective negotiator” and “Hugely experienced, with a great blend of legal knowledge and commercial experience”.


Prior to joining Marriott Harrison, Mr. Charles worked in the corporate finance department at Numis Securities Limited, where he advised both AIM quoted and Main Market companies. Simon is Chairman of both the Remuneration Committee and the Audit Committee.

Simon has served as the non-executive Chairman of AIM-listed Central Rand Gold Limited and as a non-executive director of the IOMA Group of Companies, a niche insurance and wealth management services provider.

[still waiting] 30/12/2019 16:43

Just need govt. Approvals by the sound of it..

New world first fintech platform, was never going to be quick but fingers xx'd..

[godolphin] 30/12/2019 15:25

Simon Charles, Chairman, said:

"Discussions are progressing towards reaching a conclusion on the acquisition and we will update shareholders when we can. Regulatory discussions and approvals are progressing satisfactorily and we are hopeful that we will be able to make a further announcement in relatively soon."

Sounds fine.

[bigboss13] 30/12/2019 09:31

The Agreement is conditional on a number of matters, including completion of the proposed placing, shareholders' approval and completion of all necessary regulatory permissions, and the admission of the entire issued and to be issued (in respect of the Acquisition and the proposed placing) ordinary share capital of the Company to the Official List (standard segment) of the UK Listing Authority (the "Standard List") and to trading on the Main Market of London Stock Exchange Plc, for which application is expected to be made in due course. There can be no assurance that all or any of the conditions to the Agreement will be satisfied and accordingly there can be no assurance that the Agreement will complete in accordance with its terms or at all.

[stark industries] 28/12/2019 17:41

I stand corrected John Treacy stepped down as a director from 8 Capital just a little while back due to conflict of business

[stark industries] 28/12/2019 16:33

The placing here will be done by :
Epsion Capital Limited has been appointed as the placing agent to the Company. John Treacy, a director of the Company, is also a director of Epsion Capital Limited.

John Treacy has recently stepped down from ABAL due to conflict of interest.....i wonder why ?

[stark industries] 28/12/2019 16:19

8 Capital Partners interest in Abal




Abal Group plc:

The Investment in Abal Group plc (AIM: ABAL) comprises 22,256,725 ordinary shares of 0.002p
representing approximately 22.0 per cent of the company's share capital.
Conversion of Abal Group loan notes

In January 2019, the Company converted the convertible loan notes in Abal Group plc into 8,311,270
ordinary shares in the company, bringing the Company's interest to approximately 22.6 per cent. of
the company's issued share capital.
On 10 January 2018 the Company sold 600,000 shares in Abal Group for a consideration of £8,000,
bringing the Company's interest to approximately 22.0 per cent. of the company's issued share capital.

[still waiting] 28/12/2019 15:31

Fingers xx'd

I will be having more on a relist.

[stark industries] 28/12/2019 15:16

This was a reply from 8 Capital director(s) regarding their latest news

Correspondence from the company yesterday 13 Nov '19
Thank you for contacting us.

we’re committed to adding value to the company through the transactions done already and those coming down the line. We hope that in the next six to twelve months there will be positive reaction to the company’s ongoing investment plan. We are aligned with shareholders at this price level and it is in all of our interest to work to move the price forwards from here.

Kind Regards,

Eight Capital Group plc

8 capital have a significant interest in their investment here and they are all connected on the deal here also.

[stark industries] 28/12/2019 15:07

The AvantGarde Group (TAG) has been valued by an international firm of accountants at €75 million.
it has now over 600 Million Euros worth of signed contracts already and growing fast with a goal to reach 1 billion next year

TAG is Supply@ME and Mcap was under 1 million on suspension !!

[stark industries] 28/12/2019 15:00

EPSION CAPITAL LIMITED

Company number 11238881


CompanyOverviewfor EPSION CAPITAL LIMITED (11238881)
Filing historyfor EPSION CAPITAL LIMITED (11238881)

OfficersPersons with significant control

2 officers / 0 resignations
CARRETTA, Fabio

Correspondence address

C/0 Supplyme, Elizabeth House, 6th Floor, 39 York Road, London, England, SE1 7NQ
Role ACTIVE
Director
Date of birth
June 1973
Appointed on
22 November 2019
Nationality
Italian
Country of residence
Italy
Occupation
Manager



TREACY, John

Correspondence address
3rd Floor, New Liverpool House, Eldon Street, London, England, EC2M 7LD

Role ACTIVE
Director

Date of birth
August 1981

Appointed on
7 March 2018

Nationality
British

Country of residence
United Kingdom

Occupation
Corporate Finance



Re-Read again :
CARRETTA, Fabio

Correspondence address

C/0 Supplyme,





This is going ahead for sure....i'm confident of good news by mid Jan