BNN Technology Share Discussion Threads

[marmar80] 19/7/2023 22:17

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Tingo Group, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of August 7, 2023 - (NASDAQ: TIO)Source: PR Newswire (US)NEW YORK, July 19, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Tingo Group, Inc..Shareholders who purchased shares of TIO during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/tingo-loss-submission-form/?id=42262&from=4CLASS PERIOD: December 1, 2022 to June 6, 2023ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Defendant Mmobuosi fabricated biographical claims about himself; (2) Tingo had photoshopped its logo onto pictures of airplanes it did not own; (3) Tingo inflated its food division margins; (4) Tingo published misleading images of its planned Nigerian food processing facility and overstated its progress on the facility's construction; (5) Tingo inflated its food inventory; (6) Tingo did not have relationships with the two farming cooperatives it claimed; (7) Tingo did not generate $128 million in revenue for its handset leasing, call and data segments as it claimed; (8) Tingo's Mobile operation in Nigeria was delinquent on its tax obligations; (9) Tingo photoshopped its logo over pictures from a different point of sale system operator's website; (10) Tingo did not generate $125.3 million in revenue from its online marketplace called NWASSA; (11) Tingo's agricultural export business was not on track to deliver $1.34 billion in exports by Q3 2023; (12) Tingo lacked effective controls over accounting and financial reporting; and (13) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.DEADLINE: August 7, 2023 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/tingo-loss-submission-form/?id=42262&from=4NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of TIO during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is August 7, 2023. There is no cost or obligation to you to participate in this case.WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.CONTACT:The Gross Law Firm15 West 38th Street, 12th floorNew York, NY, 10018Email: [e-mail]: [phone]

[sensemun] 18/7/2023 15:03

Nver ever trust a sambo is the lesson here.

or Mercer come to think of it

[marmar80] 18/7/2023 14:48

NEW YORK, June 16, 2023 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Tingo Group, Inc. (NASDAQ: TIO).To receive updates on the lawsuit, fill out the form:https://claimyourloss.com/securities/tingo-class-action-loss-submission-form/?id=40888&from=4The lawsuit seeks to recover losses for shareholders who purchased Tingo between December 1, 2022 and June 6, 2023.Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until August 7, 2023 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.According to a filed complaint, Tingo Group, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) Defendant Mmobuosi fabricated biographical claims about himself; (2) Tingo had photoshopped its logo onto pictures of airplanes it did not own; (3) Tingo inflated its food division margins; (4) Tingo published misleading images of its planned Nigerian food processing facility and overstated its progress on the facility's construction; (5) Tingo inflated its food inventory; (6) Tingo did not have relationships with the two farming cooperatives it claimed; (7) Tingo did not generate $128 million in revenue for its handset leasing, call and data segments as it claimed; (8) Tingo's Mobile operation in Nigeria was delinquent on its tax obligations; (9) Tingo photoshopped its logo over pictures from a different point of sale system operator's website; (10) Tingo did not generate $125.3 million in revenue from its online marketplace called NWASSA; (11) Tingo's agricultural export business was not on track to deliver $1.34 billion in exports by Q3 2023; (12) Tingo lacked effective controls over accounting and financial reporting; and (13) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.CONTACT:JAKUBOWITZ LAW1140 Avenue of the Americas9th FloorNew York, New York 10036T: [phone]F: [phone]

[sundowner2] 18/7/2023 07:31

No , but if enough interest I am sure they will get a call

[skin18] 18/7/2023 05:26

Sundowner2..SFO?

[sundowner2] 17/7/2023 22:20

From a third source I hear new interest in White / Mercer actions over the last few years

[sundowner2] 11/7/2023 16:08

Yes anyone who is genuine will not want to be attached to Mercer uk scam .

[skin18] 08/7/2023 10:33

I see at Companies House that Gateley have resigned as Company Secretary for BNN. Although just announced this goes back to October 2022.

[skin18] 01/7/2023 07:49

Yes Sundowner, I tried the SFO, but they said that it didn’t come under their remit. I would be interesting to know how many shareholders tried them.

[sensemun] 29/6/2023 23:04

mercer should be in Strangeways

[skin18] 28/6/2023 09:27

After speaking to Gateley it is obvious the talk of a takeover is made up.Does anyone know what the reason would be for pretending there was one?

[credock] 19/6/2023 06:42

Went down but could not get in as it was a sell out,

[skin18] 16/6/2023 07:05

How did the shareholders meeting go?

[sundowner2] 12/6/2023 17:22

Sadly for some big loses in latest Mercer scam .
Stock still crashing .

[sensemun] 09/6/2023 19:29

For years I have been contacting the SFO in LOndon about the scammer Mercer.

They are not interested.

[skin18] 09/6/2023 18:28

Sundowners. I contacted the SFO, weren't interested as it didn't come under their remit. Found the SFO hard work and not really interested.

[sundowner2] 09/6/2023 18:17

Mercer has had several complaints sent in by shareholders to SFO they did not take it up as far as I can see .
Hopefully he won’t get away with it in the US and our position will get linked .

[sensemun] 06/6/2023 19:10

Mercer should have been sent to jail years ago especially as he layed his own horse to lose on Betfair which is illegal.

[sundowner2] 06/6/2023 19:09

Investigation now underway 14.00 Eastern time by lawyers on behalf of shareholders .
Let’s hope somehow BNN gets pulled into the history of Mercer by the lawyers .

[sundowner2] 06/6/2023 18:54

Emergency shareholders meeting 7th June .
Internal company loans going on ( looks familiar ) .
9am Eastern time 7th June .
Mercer has a lot to explain on Due diligence on the numbers on the Nigeria phone company ?

[vegpatch] 06/6/2023 17:09

Anyone read the Tingo 10Ks? What a crock of rubbish!!!

Do yourselves a favour and report Mercer to the SFO.
Alternatively keep ringing Rod Waldie CEO and partner of Gateley Legal 0161 836 7760 or Paul Jefferson partner on 0161 836 7818 and ask if they act for BMN and if not what you should do as shareholders (as if they do pro bono!!!)

Not sure why I do your investigation. Maybe because I once got scammed by Ben White…

[sundowner2] 06/6/2023 16:52

This could become very interesting for Mercer .
Let’s see what is said over the next few days by the board as the price has dropped through the floor .

Things are looked at a lot different in the US with public stocks 👍