All Active Asset Capital Share Discussion Threads

[sunnyday4] 09/8/2022 08:14

Hi dc, Indeed good to keep looking on both sides. Sometimes, like now, a bit challenging considering last RNS was Q1 this year. Hoping for the best outcome. Would be nice in the coming weeks with views on +20p. Cheers.

[daddycoold] 09/8/2022 07:26

Hi SD, most ex-employees are negative when they've been fired on the spot. It is hard to maintain a balanced view of the situation when the only news is one sided. If the board of AAA has chosen to remain level headed about the events surrounding its investment in Aaqua, then it's possibly because the other cursing fat fingers and keyboard warriors don't have a clue what they're talking about. Afterall why would they ? Even yesterdays deleted post looks like the feeble attempt of keyboard warrior wishing to add a negative spin on the company. Perhaps SGP doesn't offer a pool of attractive talent when it comes to local hire, hence why they're all getting fired.

[sunnyday4] 08/8/2022 12:36

It is especially odd considering the previous investments where done at 80p as per RNS 21 Dec 2021. Will have to see how this turns out. Perhaps best to assume value 0p for the moment.

[sunnyday4] 08/8/2022 12:30

So coming back on earlier summary with now more sight on the court case and statements from ex AAQUA employees it does not seem great.--The main things AAA has are 25.3% Sentiance and 32.5% AAQUA. Currently they are working on obtaining 100% of Sentiance. Furthermore, AAQUA is developing a "refreshingly new social media experience". --So of these two only the Sentiance part remains as AAQUA seems to go south. That is very unfortunate. Time that AAA brings out an RNS with update on Sentiance, AAQUA, court case and listing/grey market. Simply silent for too long. I fear any form of listing/grey market might be long away, and if near it might be well below previous close price at 53.5 pence per AAA share. Then the main hope comes down to Sentiance popping out as a unicorn (value of 1000 million aka 1 billion). With 25% of that its 250 million, where AAA has a little over 1 billion shares, comes down to 20-25 pence per AAA share. Consindering the understandably bad sentiment of general valuation it might even end up at 10 pence per AAA share or worse...

[temm] 08/8/2022 08:25

Removing this ...

[daddycoold] 07/8/2022 13:01

Have they no ammunition to deflect the Candy onslaught ? Or is baseless all we have ? Well if it's baseless prove it ?

[folly8] 06/8/2022 09:23

It is fishy DC. I have yet to see anything of tangible value added to AAA. Reversing Mesh in AAA was simple and took longer than it should have. The remainder switching deckchairs around and showing how "value" has been created whilst covering up the rest of the deck so you cannot see the impact elsewhere.

It could be that Candy sussed this out and is sueing as he may think the value attributed to Aaqua was inflated, given how things have panned out.

[daddycoold] 05/8/2022 21:35

Big news on Reddit bout company that looks like one of ours. No names mentioned but CEO getting a lot of flack from his employees, fired on the spot for questioning company freeze and no pay. Beginning to feel like AAA was groomed for immense CFD trading returns using Aaqua as a prize. The attrition and turn over of employees is quite incredible, feels as if Aaqua has nothing whatsoever to offer and is just dragging out this whole process on a nothing to lose basis to placate the HNW investors of the plan that everything's above board whereas infact the monies could have been made by a select few. Could be all wrong but smells very fishy indeed.

[daddycoold] 04/8/2022 09:47

SD. AAA is no doubt chomping at the bit to get a relist, but it needs one of its investments to show promise a MVP. Aaqua on the face of it is just that, on its way to showcase its product with 180 persons in their workforce. Candy could have / should have exercised his 100M options in AAA, but probably was angered as RB bought out some of his Boom shares prior to Booms price soaring on takeover rumours. No doubt this upset him as he didn't have the benefit of hindsight. No doubt he threw his toys out of the pram and thinks by going after Aaqua and RB on a trumped up charge is the best way of getting his own back. He doesn't care what it costs him. He's no doubt relying on historical RB questionable dealings (that probably are unproven) to sell his case.

[daddycoold] 04/8/2022 08:43

Candy made an initial investment in AAA, and had options to purchase more at 50p. 100 million options. These expired in November 21. At the time Rosen also had the same deal. It is unknown if these options were ever exercised. However, plans to bring the company forward must have expected these 2 parties to exercise their options for future funding. Again, all unknown.

[folly8] 04/8/2022 00:02

Announcements never make it clear who invested or if cash has ever changed hands. They word them in such a way so that one might imply meaning, but it is never actually said.

Who are these individuals, how much cash, and how much of AAA do they now own? No one knows.

As for Boom, if they had a majority of shareholders on board, why didn't they progress last year? Just drawing links with other companies, running up their stock price, so that again the board can imply value without actually saying anything.

[snoopy12] 03/8/2022 21:51

There is a lot of money riding on this . I think some high net individuals are into this. I believe they have over 30% of Sentiance so it is not going to be written off. Last year they did make a bid for boom then the boom share price was much higher. Could they be waiting for a second bite at the cherry.

[folly8] 03/8/2022 21:31

Daddycool. My point exactly. The issue with Candy stems from Boom, which they may have exchanged for shares in Aaqua (so no cash changing hands). Given how opaque AAA are in their communication, no one really knows how it happened.

This lack of clarity means they are probably trying everything under the sun and chancing it as they go along, no real plan.

It should be remembered that Sentiance is a seperate company to Aaqua, with its own value. If it really is so valuable, I would be snapping it up regardless.

Bit of a wandering post from me there.

[el cid48] 03/8/2022 20:34

Ooohh a fraud litigation will put everything on hold for 2-3yrs minimum. Best case he loses and the idea can be salvaged, or worst case he wins, the directors are liable and the whole thing is liquidated.

[snoopy12] 03/8/2022 15:08

Candy is a chancer after THG debacle.

[daddycoold] 03/8/2022 14:06

Candy Ventures are claiming fraud against Aaqua Robert Bonnier and all their holdings. Candy could be considered a chancer, however his actions have caused a massive disruption to the company plans. All the while it goes on their remains a huge question mark over what a next. Obviously fund raising the current and other new ventures is outta the question.

[el cid48] 03/8/2022 11:59

What is candy co and what are the legal issues. Is there a dispute or investigation ?

[daddycoold] 03/8/2022 09:51

Hi folly, the companies major asset Aaqua as is now under the watchful scrutiny of Candy Co, and the UK legal system. Their hands could be tied for a long time. Sadly,AAA management feels it's fit not to keep its shareholders informed.

[folly8] 02/8/2022 21:39

The deal is taking long because they don't know what they're doing, and finding ways to create listed companies they can spin a story on and make money with.

Taking over a company does not take this long, any "complications" arise when people either don't know what they're doing, or are actually doing something else.

[sunnyday4] 28/7/2022 13:42

The rns of 20 December 2021 was quite substantial with progress. So that's not 16 months. But the sentiance deal seems to take very long indeed. Trust me, as a former mesh (monchichi) holder, I share some frustration/pain on how long that deal is taking. I try to remain confident and optimistic based on developments made so far, the fact the board has a stake in the company and would not benefit from an unsuccessful outcome and the confidence statement they repeated in latest rns 29 March 2022.

[el cid48] 28/7/2022 10:34

It's been 16months with no substantive news. I am becoming increasingly sure we have all lost our investment!

[daddycoold] 28/7/2022 10:14

AAA raised funds and passed them straight to AAQUA. Meanwhile announce to the market that key stake holders have further options to buy at increased valuation. Share price rerates. New money comes in. Whilst long betters take their positions and sell into the rise.

[daddycoold] 28/7/2022 05:43

32% of Aaqua, AAA has wasted hundreds of millions of pounds of investor money. Since giving it to them, AAA has been closed for business. AAA motos "Always On" "Always Connected" "Always Human" - well they couldn't be much further from the truth. Since departing the AIM, how has AAA grown its portfolio of investment opportunities ? How has it serviced its shareholders ? We all know the answer and it's sounds like sweet FA.