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Share Name Share Symbol Market Type Share ISIN Share Description
Bnn Technology LSE:BNN London Ordinary Share GB00BNBNSF91 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 42.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
41.00 42.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 2.06 -18.21 10.08 4.2 94
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 42.00 GBX

BNN Technology (BNN) Latest News

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BNN Technology (BNN) Discussions and Chat

BNN Technology Forums and Chat

Date Time Title Posts
04/5/202117:54BNN Technology plc20,919
24/11/201907:24BNN & FCA2
28/7/201711:33micro app6

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BNN Technology (BNN) Top Chat Posts

kenmitch: It’s been all over since well before the shares were suspended ages ago! BNN investors were being conned and it’s surprising so many genuinely believed they weren’t. BNN scored zero out of 100 on Stockopedia well ahead of the shares getting suspended. Before the shares were suspended investors knew that Mercer was taking money out of the Company and there were other clear hints BNN was a fraud. Other Chinese Companies on AIM like Camkids were also frauds, so the warning signs were there. A real shame that bullish bb posters couldn’t see through it all, but perhaps understandable that they clinged to hopes that the story that was spun for so long after the shares were suspended, just might be genuine.
rayfenn: The MICT share price is of ZERO relevance to BNN shareholders.
dan183: There are rumours that mict is going to buy bnn in the near future which I find very concerning indeed. It does sound very similar , lots of promises of big news and deals then nothing - no one can find the broker platform that they say is built and any of the announcements that are made they say they cannot give specifics due to the fact they are prevented from doing so due to NDA’s, which seems madness to me when these deals are apparently actually signed. I didn’t know that one of them had actually done a stretch already which is new news to me , worrying. The share price has stagnated now and seems to be held in a narrow band by premarket and after hours trades of unusual amounts. How long did BNN rumble on before it all fell apart ? Shareholders seem to have some comfort as a NASDAQ share people seem to think that the SEC offers them protection from fraudulent releases and statements? Thanks
devereaux: MrAndyA re 20779 I am a long term holder in BNN and appreciate your effort. Originally, I understand, BNN was to be aprt of a deal in which it would finish up in MICT. Apparently whilst liking Mercer the people behind MICT were not enamoured with what they found in BNN which surprised me as I thought there were some very promising possibilities involving Chinese prospect. Currently it seems that Mercer is gaining ground and BNN has become a nonentity. Where all the BNNfunds and prospects have gone is anybobody's guess but a wall of silence does not bode well. AS usual the Authorities do not seem to be interested.
mrandya: Hi guys. New poster here. I got into MICT after a recommendation from a friend - but increasingly concerned about the wisdom / safety of my investment. I understand they're working to pivot to a fintec, with an insurance platform that's already live and developing partnerships (allegedly) as well as a trading platform that will (allegedly) compete with the increasingly valuable FUTU. My issue is.... I can't find any evidence that either of these exist. The Stocktwits crew (some of which I see are here too) seem blindly optimistic despite the irregular share price movements and lack of specificity in the PR, yet unable to provide any evidence of any actual product. So my question to you BNN investors, did you ever see an actual product developed by BNN that was being used by consumers?
charlesdarcy: It is just my opinion but Mercer is now in charge of both ends of any hope for BNN . My HOPE is that he will want to try and clean up the terrible mess that has been left with BNN . It could be that BNN has certain assets that could be very useful for the future of MICT and these could be bought out by MICT with a paper purchase . I am sure it be only a small % of our holding but with share price increase over a period of time might get us some return . Remember Mercer is the biggest holder of BNN stock so it’s in his interest to seek a deal in some form . But this is just my opinion and I agree and have always that Mercer has run BNN just for his own pocket and has run the business into the ground over the past 3-4 years . It does seem in the early days MICT has not gone to plan already and this may well be the end of hope in BNN . Not long to wait to find out for sure .
marmar80: Bnn website is back.Worth to re-post this old RNS in case it is deleted one day...Released : 09-02-2018RNS Number : 4652EBNN Technology PLC09 February 2018 9 February 2018                  BNN Technology plc("BNN Technology", the "Company" and, together with its subsidiaries and entities that are controlled by the Company, the "Group") Corporate Update and De-listing from AIM The Board of BNN Technology today announces it has not appointed a replacement Nominated Advisor and the Company's ordinary shares will be de-listed on AIM effective 07:00 on Monday 12 February 2018. The Company is now at an advanced stage of discussions with two US listed companies with the objective of closing a deal which if delivered should greatly enhance shareholder value. These discussions currently centre around the acquisition of all or large parts of the Group. The Board has chosen a leading US investment bank to assist with this process and expects to formally appoint them in the coming days. The Board believes that in pursuing these opportunities they are acting in the best interests of shareholders and stakeholders alike. The Board anticipates being able to update its shareholders shortly and will do so on Company's news page, at Shareholders can also register for email alerts by contacting / The Directors intend, following the cancellation and de-listing from AIM, to set up a matched bargain arrangement to enable Shareholders to trade their existing holdings of ordinary shares. Further details of this arrangement will be provided to shareholders in due course. Mark Hanson, Chairman of BNN, said: "We would like to reassure our shareholders that whilst the process of concluding these deals is complicated, these discussions have been ongoing for many weeks now and I am pleased to report that the considerable progress made to date, gives me the utmost confidence that a deal will be agreed soon"   This Announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 ("MAR"). ENDS For further information, please contact: BNN Technology plc+44 (0) 1565 872 990   Mark Hanson / William RamsayTavistock (Financial PR)+44 (0) 207 920 3150   Jeremy Carey / Andrew Dunn    Mirabaud Securities Limited (Broker)                                                              Peter Krens   +44 (0) 20 7878 3362      This information is provided by RNSThe company news service from the London Stock Exchange 
rayfenn: Got sent this today for some bizaare reason: 30th July 2020 FROM THE CHAIRMAN, MARK HANSON Dear Shareholders Further to my previous communications of 3rd and 4th May 2020, as we approach the end of July I am pleased to provide a further update as set out below. As mentioned on 3rd May, despite the very challenging market conditions and economic back drop, we hold a high degree of confidence in relation to achieving some form of corporate transaction that would realise significant shareholder value. We mentioned at the time that we would progress such opportunities as soon as market conditions improved and allowed. Whilst it remains a very challenging environment, especially for any deal requiring new funding, such as ours, we have been able to make meaningful progress with several potential opportunities. The most favourable of the options available to us involve a takeover of the Company’s, business and platforms, including those relating to its lottery business which remains intact, and/or its trading subsidiaries, which would result in BNN shareholders receiving shares listed on a recognised stock exchange. Such deals are expected to give BNN shareholders the opportunity to realise their investment in the future. In terms of timings, the current climate and circumstances makes the process a slower process than it would have been pre COVID, amongst other things in relation to interested parties performing due diligence in China. I can, however, report that meaningful progress is being made and that we hope to complete a transaction during the fourth quarter of the year. At the same time as progressing the potential corporate transactions, the Company’s management team and work force in China is continuing to develop the business and seek opportunities to further enhance shareholder value and make the business more attractive to buyers. In alignment with the interests of shareholders, all management, including myself, are highly motivated and interested to maximise shareholder value and achieve a transaction that gives all shareholders the opportunity to realise such value at some point in the future. Once we have more clarity on our preferred way forward, we will consult with our largest investors/shareholders to seek their views. We will, of course, update all shareholders as we receive further news over the coming months and we will also convene a General Meeting once we are at the stage of proposing any to shareholders. Whilst writing, we are keen to clarify certain points in response to some of the most frequently asked questions that have been put to us, which are as follows: 1. The Company’s accounts for the year ended 31st December 2019 were filed at Companies House on 30th June 2020 and should be available to download from the Companies House website within the next few days. 2. The Company has retained all of its businesses and trading assets, including all those relating to its lottery business. It has not transferred or sold any businesses or trading assets to GFH or MICT 3. The Company has licensed part of its payment technology to GFH for use in Fintech applications, in return for a licence fee. The Board considered this to be in the Company’s best interests as it generates additional income whilst also strengthening its relationship with GFH and its value as a potential acquisition in the future. The Company retains the right to continue to use the licensed technology in its own business operations and has retained exclusivity over the technology in the lottery sector. 4. The Company sold its holding of 1,363,000 common stock of MICT Inc to GFH on 18 May 2020 for $1,800,000, which equated to a price per share of $1.32 (compared to the share price at the time of $1.15), satisfied part in cash and part in the satisfaction of debt, so as to generate urgently required working capital, which became necessary once its external investment and takeover transaction had fallen through. 5. The current UK operating costs of the Company total less than £100,000 per annum (including Directors’ remuneration). As a Board we are fully committed to controlling costs as tightly as possible. I look forward to updating all shareholders again in due course
wetwestwales: Moixa: the missing $1m for the wedding was the straw that broke the BNN camel’s back. As I said at the time, Capt got caught with his hands in the BNN til paying for that wedding. I remember at the time some confusion amongst the dog walker contacts up north as to whether the wedding was to be held in the Caribbean or S France. Either way, it was a going to be an all-expenses paid lavish affair. The delayed-announcement of retro bonus and loan sent the Nomad walking and BNN suspended. All Capt’s own doing. Moixa, you make a big statement re £50m-£100m burn through Capt’s fingers over the lifetime of BNN. He must have had a lot of Ponzi-scheme mates to pay off because even Capt would have fled with 10% of that amount. I doubt it was as much as you’re saying. But, and this has always bugged me, who was the chump on here that stated categorically that he had personally been out to China to BNN offices and seen the supposed 300 staff ? At the time I questioned the sudden DJI-to-BNN switch of business model and the incredible ramp up from zero to 300 staff in such as short period of time. That chump was adamant he’d seen the staff/offices. There never was 300 staff in China. They were ghost workers and the “wages” found their way back to Capt’s pocket. Overall, a classic Ponzi scheme, with a group of mates as decoys, “good-news soon” announcements whenever serious questions were asked, and greedy/desperate people (like the Dolts on here that proclaim to have earned x3 their BNN losses money back on MICT) soaked it all up and spun yarns of other “contacts with good news” that in reality were never going to materialise. The difficulty is working out which of them were gullible/desperate and which were stooges, because there were so many of them. But, DJI/BNN was a Ponzi scam to benefit Capt Pugwash and cronies, and MICT will be another. Absolutely no doubt. A sad reflection of a very sad scam-merchant individual who took dog walkers hard-earned money knowing it was a fraud from day one. What a way to live your life.......
genises: rayfenn Has this changed and when . agreed doesnt mean done though. stock holding in Mict Bnn Technology Plc discloses 12.38% activist ownership in MICT / Micronet Enertec Technologies, Inc. June 12, 2019 - Bnn Technology Plc has filed an SC 13D/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 1,363,000 shares of Micronet Enertec Technologies, Inc. (US:MICT). This represents 12.38 percent ownership of the company. In June 2019, the Company entered into a Securities Purchase Agreement, or the Note Purchase Agreement, with BNN, pursuant to which BNN agreed to purchase from the Company $2,000 of convertible notes, which subscription amount shall be subject to increase by up to an additional $1,000 as determined by BNN and the Company, or collectively, the Convertible Notes. Convertible Notes in the amount of $2,000 were issued on July 31, 2019. The Convertible Notes, convertible into up to 2,727,272 shares of common stock, were sold together with certain common stock purchase warrants to purchase up to 2,727,272 shares of common stock. The Convertible Notes have a duration of two years. On January 21, 2020, the Company entered into a Conversion Agreement, or the Conversion Agreement, with BNN, pursuant to which BNN agreed to convert outstanding Convertible Notes in the amount of $2,000 into 1,818,181 shares of the Company’s newly-designated Series B Convertible Preferred Stock, par value $0.001 per share, with a stated value of $1.10 per share, or the Series B Preferred Stock.
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