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Showing posts from September, 2025

Why did (and still do) the Albion VCT directors lie to all the Members about the value of Elliptic Enterprises Ltd - will we get answers at the CRWN AGM?

With thanks to all the publicity about the awful Octopus situation, the size of the iceberg is now clearly visible.. Concrete proof that VCT Directors just manipulate Net Asset Values to suit their own ends. Albion Capital Group and the directors of the VCTs are guilty of outright fraud, false accounting and balance sheet manipulation before, at and after the time of the mergers by using valuations they knew (should have known and/or shall be deemed to have known) to be inconsistent with the bases that the VCT accounts state when compared to the "dog" of all VCTs - Octopus Titan VCT - that has every reason to "puff" the values and uses exactly the same bases of valuations. This amounts to fraud on the pre-merger and pre-prospectus shareholders whose interest were improperly diluted.... all for the benefit of the members of Albion Capital Group llp and the Directors ongoing fees. The Chairman of AAEV's words ring very hollow indeed about their rigorous scrutiny o...

[UPDATE 18 September 2025] [other UPDATES 7 Sep and 21, 14 and 5 JULY] ALBION confirms that AGM's will continue to be held virtually - it stands alone among the 12 members of the Venture Capital Trust Association.

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[UPDATE 18 September] The Albion website now contains links to the AAEV AGM recording (YouTube) and the presentation slides. The Chairman confirmed questions were received before the AGM as he and his colleagues had requested.  Mine were neither put to the meeting nor answered, nor were the properly made Points of Order and request for Adjournment. Those questions and requests are now available under terms of qualified privilege for AGMs at:     https://app.box.com/s/1uy3dablcgtvwfnned1m6ylehnqxduvc Readers attention is drawn to the admissions in the recording that Albion is now set on Annual fund raising further confirming the PONZI schemes being run by it and the VCT Directors. Will Fraser-Allen confirmed the falsity and scam of the QUANTEXA Series F "funds raised". Neither he nor the Chairman addressed the ZERO priced warrants that dilute Albion's valuation by £50,000,000. I wonder what hasty action is being taken by the Albion Crown Directors ahead of it's forthc...