[EDIT 23.1.25]. Albion makes a 2nd Application to the High Court in relation to repeated frauds.

  Yet more proof of concept following on from the previous post.... seems to me that the Directors of the Albion VCTs now have little choice but to apply to immediately suspend the Listing of all the VCT shares. https://clcluk.blogspot.com/2025/01/yet-more-proof-of-concept-following-on.html

Will they get it right this time?  Will we finally see the hitherto secret document that they promised would be on the Website weeks ago as a condition of the Mergers?   A clue as to Albion's deliberate cock-up:   https://data.fca.org.uk/artefacts/NSM/GNW/1001029758-en.html

https://find-and-update.company-information.service.gov.uk/company/03139019/filing-history https://find-and-update.company-information.service.gov.uk/company/03142609/filing-history https://find-and-update.company-information.service.gov.uk/company/03654040/filing-history All the remunerated directors resigned IMMEDIATELY AFTER they had appointed Will Fraser-Allen and Vikash Hansrani as Directors. That was neither discclosed in, nor authorised by, the Resolutions of the Merger documentattion Conclusion: All Directors love their fees but as soon as any responsibility arises they all do a runner and appoint their chums at Albion to the Board of the residual entity so that they can escape any and all blame and liability for dealings with the liquidators who have to chase Albion for the Quantexa and other frauds that Will Fraser-Allen personally perpetrated, and they approved, and then carefully drafted the below in the Merger documents to ensure the liquidators are in his pocket: " 1...

(Embargoed until deemed served) https://app.box.com/s/tuqaevo1q1acsb4dvscdetl4jswm0193 [EDIT: Now not being made public until Quantexa's accounts for y/e 31 March 2024 filed at Companies House - nb due by 31 December 2024. NB they have been completed and are ready to file.... watch out for the mythical Chimera (sorry typo: Centaur) status of ever slowing ARR growth rates.] [2nd EDIT] It's Groundhog day. Companies House state, by personal phone enquiry, thay they have no record of Quantexa's accounts being received yet. Now why would Quantexa take so long when they have been bragging about their ARR for the year since June? Or did they do that to help Albion and it's silly comments about revaluing its shares because of that new business development. Anyone seen the Independent Valuers Report (s593 Companies Act 2006) mentioned in Albion's merger documents as being available on its website? Did the valuers not accept the Quantexa Unicorn/Centaur thesis? Curioser and...

EDIT : 13 December. The hearing was resolved with an agreed order for disposal following the meetings of members held on 11 December in which the Members approved the Directors proposed amendements to the Management Agreements (a fee reduction of more than £3,000,000 pa) that included continuation of Albion Capital Group as Company Secretary presumably after considering the matters for which I sought the Register of Members and refused to remove Albion as Company Secretary.  The members voted to accept the Directors proposals without any disclosure having been made to them of the Directors and Albion's continued and continuing failures to comply with the Listing Rules and other breaches of the Companies Act. That matter now moves to other forums together with continuing demands to hold the Directors and Albion to account and make restitution for the, I say, now proven beyond reasonable doubt, unremedied Quantexa share dealing fraud. It may be appropriate to consider a Shareholder d...

https://www.fca.org.uk/news/press-releases/fca-seeks-further-views-enforcement-transparency-proposals I wonder what they will make of Albion's continuing failure to comply with requirements of the Listing Rules despite being told time and time again what they have to do? Pride comes before a fall. Did you know that 75% of Albion's investments have serious Company Law Compliance failures within the last 5 years? Not least when Richard Seewald sits on the Board of Directors. Mind you .... it is interesting to look at the other Listed Venture Capital Funds and the dire record of their and their investments compliance status. Comments on the false statements at the CRWN AGM, and the answers to questions, await the provision of the recording on Albion's website - it only lasted 40 minutes but the Chairman said he was restricting the number of questions due to time constraints! Seems to me that the FCA has to stop the abuse by management of virtual meetings to stifle shareholder ...