All Active Asset Capital Share Discussion Threads

[master rsi] 16/4/2024 09:09

What it says in the tin....

Open offer 87,500,000 shares
Enlarge share capital 7.8% ( placing and Open Offer )

Qualifying shareholders can apply for as many shares as they wish
Forms of acceptance must be received by 11 a. m. 29 April 2024

[solarno lopez] 16/4/2024 07:18

Not a thing !

[snoopy12] 16/4/2024 07:15

De-listed at over 50p even if it came back then you are realistically look at 2p .They have nothing proven.

[jaknife] 15/4/2024 13:10

daddycoolD,

You're over-thinking it. AAA is a pile of poo and has always been a pile of poo. There is no evidence that Sentiance is worth anything material. Shareholders are being asked to put money into a black box to continue to support the lifestyles of a bunch of charlatans that have lead shareholders down the garden path.

JakNife

[daddycoold] 15/4/2024 13:03

Robert not Richard. AAA will do placing after placing to friends of the new self appointed BOD and themselves. One day Sentiance is worth 10M the next it's worth 100s of M. Aaa with their 31% share will try and maximise their new friends position in AAA by diluting into infinity current AAA shareholders through issuance and placing of new shares. They're offering existing shareholders prorata shares at 2p, to show to FCA that they're acting fair. But they're not are they ? They haven't produced a investor case to current shareholders, accounts for the period, nor have they described what is prorata. It's pretty obvious the current BOD and some other significants (with a u) are stealing the company from under everyone's noses. The FCA won't protect you. Only thing shareholders can do is join up and force an EGM and get rid of the grabbing hands.

[vatacarma] 15/4/2024 08:27

Richard Bonnier

[vatacarma] 15/4/2024 08:25

Why are the directors keeping everyone in the dark ?

If they want a successful outcome they should:

Inform investors of how many shares the directors are buying

Publish up to date financial statements

Up date shareholders on the case against Richard Bonnier

[el cid48] 14/4/2024 16:46

How can they expect existing shareholder to invest more money, when all of our shares have been suspended for over 2 years??! Good money after bad? Does this change the outlook for existing shares to ever be relisted? The amount of cap raise is tiny and I can’t see how it will change anyone’s game

[solarno lopez] 13/4/2024 16:16

Why don’t AAA get their accounts up to date so we can just exactly what is going on ?

[mudbath] 13/4/2024 13:43

To all shareholders
Sentiance update
Introduction
In October 2023 AAA increased its holding in its key portfolio investment Sentiance N.V.(‘Sentiance’), the leading provider of AI-based safety and mobility solutions, to over 31% following participation in a fundraising round.
Since then, Sentiance has continued to make significant ongoing commercial and corporate progress and, as a result, AAA has recently sought to raise new funding to make additional investment into Sentiance. As detailed below, AAA has received firm commitments from new and existing investors to raise £1.75m cash through the placing of 87.5m new AAA shares at 2p per share (the ‘Placing’;).
The Board of AAA believes that further increasing the Company’s holding in Sentiance will be of significant benefit to AAA’s shareholders. The Company believes that Sentiance and its AI platform technology have the potential to become substantially more valuable in the future.
As detailed below, this fundraising is now being extended to all existing AAA shareholders meaning they can, at a minimum, follow their own pro rata entitlement to acquire new shares in an open offer to raise up to a further £1.75m cash through the issue of up to 87.5m new AAA shares at 2p per share (the ‘Open Offer’).
Fundraising
Through the Placing, AAA has already received firm commitments to raise £1.75m through the issue of 87.5m new ordinary shares at 2p each, which alongside the matching Open Offer to raise up to £1.75m through the issue of 87.5m new ordinary shares at 2p each, would mean
a total fundraising of up to £3.5m (the ‘Fundraising’).
The proceeds of the Fundraising will be used primarily to acquire additional new, and potentially secondary, equity in Sentiance. This new funding will go towards financing a number of planned corporate and operational developments at Sentiance during 2024. Any balance of funds raised in the Fundraising will be used to finance AA’s ongoing working capital.

[daddycoold] 12/2/2024 11:01

Elcid. AAA are very excited by their increased holding in Sentiance, Despite never declaring a single euro of profit, they want to throw more money at it that they don't have. To bolster this investment they want to add 2 more independent NEDs to the board so that they can work out how to squeeze any life out of the carcass that remains if AAA. Some people would have thought they should be concentrating on a reverse listing for Sentiance, it is however if it ever happens beyond their ability to do it within what considers a reasonable time frame... come back in 10 years !

[el cid48] 08/2/2024 13:15

So that’s a no then!

[el cid48] 25/1/2024 12:39

Anything going on with AAA. What’s the latest after the cap raise last autumn?

[a0460502] 21/10/2023 15:17

hxxps://aaacap.com/investor-relations/

[jschofs8] 10/10/2023 03:38

hxxps://aaacap.com/regulatory-announcements/

You can check out the so-called "regulatory" announcements from the company on the above link.

[solarno lopez] 09/10/2023 11:46

Have we heard anymore on the following ?

Loan to Robert Bonnier
In March 2022 AAA made a short-term secured loan to Mr Bonnier. This loan was not repaid in full in
accordance with its terms. In the absence of any repayments since May 2022, no response to requests for
settlement and interference in the Company’s exercise of its security, the Company has now filed a claim at
the High Court for repayment of the outstanding principal and accrued interest, amounting in aggregate to
£1.3 million, and for release of the secured assets to AAA.

[daddycoold] 09/10/2023 09:38

AAA was groomed by RB as a vehicle to find his whimsical effort to establish Aaqua. Which as we know failed. As he also groomed Monchichi, and stole the shares of its investors for almost no value, they got them transferred into AAA, there has never been an opportunity for original shareholders to divest as it remained delisted. Always though RB made sure he was holding all the aces, and took the larger stakes in Monchichi, AAA, and Aquaa by putting in anything but money. Options, gifts etc. The guy literally made money out of nothing and left everyone behind with nothing. The only thing in the hands of AAA is now a 30% stake in a smart insurance AI app that when it's loaded onto the users mobile, could help decipher if they're an dangerous and uninsurable driver or not. Sentiance have yet to show how they gonna monetise this, if they do, it would be nice. They seem to have caught on to all the attributes of AI in their name, but very little AI in their business.

[argol1] 08/10/2023 20:38

Does anyone know how to go about this? I’m happy to support or even take the lead in actioning. My wife and I have 1.3million shares. What level of shareholder ownership would be needed to get action? I wrote to the new Board through the PA officer, Richard Holdsworth, who agreed to forward my complaint letter to them. No reply.

[jeffbezcoco] 08/10/2023 16:39

I had £60k odd invested so happy to lend support to any action. Absolutely staggering mismanagement with AAQUA and the crook RB

[gkearn] 19/9/2023 17:03

hello, does anyone have any iSight into whats happening? I have over 70 k invested into aaa

[a0460502] 03/9/2023 11:00

hxxps://aaacap.com/

[robrob1690] 10/8/2023 17:07

Argol1
I have 21k shares if you need them to add to your voice your more than welcome

[argol1] 07/8/2023 08:35

Buchanan don’t have fiduciary responsibilities but they passed the letter I sent to the new board. Or said they would. Richard Holdsworth is the PR person