BNN Technology Share Discussion Threads

[mertles] 07/5/2024 08:29

Reading the winding up order (is on Companies House now), I see the company was neither present nor represented in court. Contact details of the official receiver are listed there. Quick search gives the email address as [e-mail]

[bionictroller] 02/5/2024 15:13

They told me the same

[skin18] 02/5/2024 14:52

I contacted the SFO but they told me that it didnt come under their remit

[bionictroller] 02/5/2024 10:51

I emialed the SFO and FCA years ago about this Mercer scam. They were not interested

[skin18] 02/5/2024 10:45

I think that you are probably right. Investigation needed

[bionictroller] 02/5/2024 10:21

There is no money left believe me

[skin18] 02/5/2024 09:50

The previous chairman told me that they sold the MICT shares for about £1.20 I believe. Hopefully there is some money left there.

[bionictroller] 02/5/2024 09:02

BNN shares are worthless. All the money has been stolen

[drohnen] 02/5/2024 08:50

am a small investor of BNN in Germany. In case of any possible repayment of loss thru Winding-up, where should I get registered. thanks

[skin18] 02/5/2024 08:16

Let’s hope the SFO finally investigates into what’s gone on with BNN.

[mertles] 02/5/2024 04:37

I see there's now a Winding-up Order in The Gazette: www.thegazette.co.uk/notice/4611014

Also, some sort of investigation should take place. From The Gazette: "Once the order is granted, the liquidator (insolvency practitioner or official receiver) will investigate the company and its directors to ensure that the company’s situation wasn’t a result of fraudulent trading, or wrongdoing on the directors’ part. They will look at transactions over the last two to five years, to see if they need to be undone. If there is any evidence of wrongdoing, this will be reported to the Insolvency Service and could lead to a fine and/or director disqualification and compensation order. The directors could also be made personally liable for any debt if a court decides that they acted wrongfully in some way (eg in breach of Companies Act duties, or by paying one creditor in preference to another)."

[genises] 16/4/2024 17:36

Thanks for spending the time.
We will need to write this one off and offset it against any investor taxable future profits.

[skin18] 16/4/2024 12:08

Couldn't prove that I was a shareholder, so didn't discuss. He did say that the debt they are after does go back sometime.

[alzy1] 15/4/2024 19:21

Skin, good luck and would appreciate any success you may have, think I speak for many on here

[skin18] 15/4/2024 13:25

Alzy1, I got a reply asking how many shares I had in BNN. I have not replied yet.

[alzy1] 15/4/2024 12:40

Skin, I too emailed them, got reply today, basically saying that they represent their client, and cannot comment further, other than to seek own solicitors

[genises] 05/4/2024 19:22

If you want to recoup some of your losses DYOR put it in I3e
Dividend yield in the 8-9%
In Profit
Over 1 billion in oil reserves

[genises] 05/4/2024 19:17

Luckily I only invested a few thousand but it’s not the point
No Director should get away with stripping a company of its assets and cash.
Thanks for the 2018 accounts

[genises] 05/4/2024 19:08

I assume if the company is dissolved then we will not see the company account for 2023 due in June.

[skin18] 05/4/2024 17:54

I did email Andrew Bates with the same question and how far back it goes. He is out of office until mid week, and if he gets back to me I will post his response here.

[genises] 05/4/2024 17:48

6 million loan

[sundowner2] 05/4/2024 16:48

Is there anyway of finding out what they are claiming for ?

[genises] 04/4/2024 23:50

Stadium park gate
Is the company who loaned them £6 million.
Anyone like to contact them to see if they back up our fraud theory.

[genises] 04/4/2024 23:24

Here the latest on the fraud .

Petitions to Wind Up (Companies)
In the HIGH COURT OF JUSTICE

BUSINESS AND PROPERTY COURTS IN LEEDS INSOLVENCY AND COMPANIES LIST (ChD) No CR-2024-LDS-000063 of 2024

In the Matter of BNN TECHNOLOGY PLC

(Company Number 06624900)

(the "Company")
and in the Matter of the INSOLVENCY ACT 1986

A Petition to wind-up the above-named Company (registered number 06624900) of PO Box 4385, 06624900 – Companies House Default Address, Cardiff, CF14 8LH (the Company's registered address has changed since the presentation of the Petition – the Company's previous registered address was Mallory House, Goostrey Way, Knutsford, WA16 7GY) presented on 17 January 2024 by STADIUM PARKGATE (HOLDINGS) LIMITED (registered number 05122234) of Welton Grange, Welton, Brough, East Yorkshire, HU15 1NB (the "Petitioner") claiming to be a creditor of the Company will be heard at the High Court of Justice, Business and Property Courts in Leeds, Insolvency and Companies List (ChD), Leeds Combined Court Centre, 1 Oxford Row, Leeds, LS1 3BG.

Date: 12 March 2024

Time: 10.00 hours

(or as soon thereafter as the Petition can be heard)

Any person intending to appear on the hearing of the Petition (whether to support or oppose it) must give notice of intention to do so to the Petitioner or his/its solicitors in accordance with Rule 7.14 of the Insolvency (England and Wales) Rules 2016, SI 2016/1024 by 16.00 hours on 11 March 2024.

The Petitioner's solicitor is: Addleshaw Goddard LLP 3 Sovereign Square Sovereign Street LS1 4ER Telephone: [phone] E-mail: [e-mail] Ref: AWB/MCDECB/326584

Dated: 2 February 2024

[sundowner2] 25/3/2024 08:19

What’s the latest on Tingo .
Has Mercer got brought back into investigation .
BNN been left with no accounts update let’s hope everything gets connected as millions went missing in BNN .