BNN Technology Share Discussion Threads

[highasakite] 17/4/2018 18:24

This company is toast.

There will be no USA deal with Mercer around and as he aint going anywhere the company is finished.

meanwhile and11 grovels around praying for the best.

You shareholders need to wise up that the company is finished.

[pj 1] 17/4/2018 18:21

They couldn't appoint anyone so another statement to appease shareholders is produced.

[highasakite] 17/4/2018 18:21

"In addition Andy why bother finding a new Nomad & staying listed on a market you will be moving off."


BNN approached lots of Nomads and nobody would touch then with a barge pole.

[and11] 17/4/2018 18:13

eh? They stated "The Company is now at an advanced stage of discussions with two US listed companies" So why appoint anyone at that stage.

[pj 1] 17/4/2018 18:05

eh? They ran out of time.

[and11] 17/4/2018 18:01

Not according to the rns dated 9th Feb PJ. "The Board of BNN Technology today announces it has not appointed a replacement Nominated Advisor"

[pj 1] 17/4/2018 17:45

Didn't they RNS they were looking for a new NOMAD? They obv failed to find one prepared to take them on, I assume any proposed new NOMAD would have been aware of the resignation of the auditors? (unfortunately shareholders didn't, I'm sure it was a genuine omission)

[and11] 17/4/2018 17:42

In addition Andy why bother finding a new Nomad & staying listed on a market you will be moving off.

[and11] 17/4/2018 17:40

Andy that's not true. They didn't fail. They were advised to provide a minimum of 6months/ 12months results from the new businesses which were unfolding at the time. This was put on hold until this happened, unfortunately we all know what has happened over the last nine months...Anyway my understanding the Nas listing relates to reversing into an existing company...

[charlesdarcy] 17/4/2018 17:17

Kite
You had your chance to post the letter ... you failed ..

[andy] 17/4/2018 17:01

and11,

They already failed to get a NASDAQ listing once, and since then the situation is worse, so what makes you think they can achieve it now, out of interest?


If you think everything was ship shape, why did the company delist? Why couldn't they find a new NOMAD?

[bergsy] 17/4/2018 16:29

Yeah no one believes you kite!

Remember your past fantasy calls to the company and the broker!!

[highasakite] 17/4/2018 15:58

I have just rung J P Jenkins on 0207 469 0938. Spoke to Mark on their security trading desk.

The latest trade with them for BNN as a matched bargain was at 23p.

LOL


Enough said really.

USA deal will not happen unless the spiv Mercer goes which he won't.

[wetwestwales] 17/4/2018 15:49

£1m preparing for NAS listing? I heard this some time ago. Anyone seen the invoices? I bet it was mainly spent on “travel and entertainment” by a certain individual who enjoys Barbados on a regular basis and has a fiancé that resides in New York. Only my opinion....it’s your money.

[pj 1] 17/4/2018 15:36

'They' didn't spend it, 'you' did. It was your cash they spent not their own. IMO it's all part of the illusion andy11, but lets see, time will tell.

Have a look at MPL, still doing the minimum works required to keep the project alive and spending cash, refer to QPP, how much did they spend on the (refused) NAS listing?

[and11] 17/4/2018 15:28

I disagree.. They spent 1m preparing for the Nas & a considerable amount of man power. One hell of a red herring if that’s what you think...

[ssc85] 17/4/2018 15:27

and11, just don't even engage. The PJ1/ANDY/HAAK/WWW troll army claim to have zero shares between them yet post here relentlessly and wont allow for any modicum of positivity to build. Why that is we could speculate all day but ultimately they will pour tar on any conversation for apparently no other reason than their own entertainment. Whats the expression... 'don't feed the trolls'?

That's me until news comes out, which should hopefully shut them up for good. Sun is shining and those beers wont drink themselves.

[pj 1] 17/4/2018 15:05

That was also a red herring and smoke screen imo. QPP and others have used that disguise aimed to appease and sucker PI's in.

[and11] 17/4/2018 14:50

Imho Tech & Chinese businesses are far better suited to the Nas, hence the large listing’s onto this market in recent years..the investor base is far more open to dealing in these sectors.. aim imho isn’t.. you have your own opinion & have mine...if you remember BNN had been setting themselves up to join the Nas,before the problems of the last nine months...

[pj 1] 17/4/2018 14:21

I'd say it (AIM) suited their needs perfectly, there is no evidence to the contrary. So why do you say ''Aim was never a suitable market profile for BNN’s business''?

[and11] 17/4/2018 13:12

The funds were raised against the business & it’s potential PJ, this would of happened whatever market they choice to be on.

[pj 1] 17/4/2018 12:56

LOL
How much cash did they raise (and burn)on the so called unsuitable market (AIM)?

[and11] 17/4/2018 12:50

Aim was never a suitable market profile for BNN’s business...DM was moved by the ex-chair & Ned not after being audited, but by those executives at that time! Those executives put the company into suspension, & post audit little was found to justify it... hence why they are both no longer with the company & have been replaced & DM re-installed...

[andy] 17/4/2018 12:28

and1117 Apr '18 - 11:13 - 10127 of 10134
0 2 0
Charles, the company has stated in an rns that they are working to re-list the company on a suitable market

-------

They WERE listed on a suitable market!

I wonder why they don't want to relist on there?

Seriously, think about it, they were audited, DM lost his position as CEO and was exiled to HK (in theory at least), they lost their listing here, and now DM is back as a director and they are looking for a "suitable market"?

[pj 1] 17/4/2018 12:15

Thanks Charles.

You do not dispute the points in the post though?