Let the Countdowns begin ...[updates 18, 19, 20 August and 8 September] this is just the Albion matters - Octopus has it's own blog
FIRSTLY
Only 5 weeks until the Albion Enterprise AGM - 15.09.26 - Virtual only at 12.00 noon and, usually, the latest investment valuations and yet more fictitious explanations about fund raising by Will Fraser-Allen and his fellow Albion members. Will HMRC have completed their investigations by then?
I wonder if Ben Larkin, Chairman and a senior partner of Jones Day, will obey the provisions of the Companies Act about shareholder questions? If so it will be a first for him in this role - and he heads up the Court case to prevent shareholder communication about non-virtual AGMs and the solicitation of a vote to Merge the remaining 3 VCTs that will save more than £5m in fees per annum and might actually get combined NAV to rise for the first time in more than a decade (after allowing for all the new share issues and dividends paid out of capital)
Anyone else noticed from the accounts what the corrupt egregious Members of the newly renamed AlbionVC llp has slipped under shareholder noses in relation to their fees? Ben Larkin and his colleagues just rubber stamped it.
SECONDLY update 18 August - RNS states: prospectus published (but still not made available to anyone! Why? And now at 20.14hrs the document is password protected! - is there a single member of AlbionVC llp who is honest/diligent/knows their backside from their elbow?) update 19 August: and lo it has finally come to pass - using 31 March numbers just before mandatory announcement of 30 June figures a few days after "offers open on 7 September"! ... https://albion.vc/vct/offers/#offer-documents
UPDATE 20 August 2026. Now we have further concrete proof that not only is William Fraser-Allen ("WTF" is his FCA "handle") a congential liar, but he has put his name to a knowingly false RNS statement with the intention of misleading shareholders. Try reconciling the filing dates/times of the FCA's NSM records with WTF's statement 3 days ago.
WTF has falsified Companies House records for decades, filed false statements to evade Employer NIC liability and this latest must surely be the final "Nail in His Coffin" as an Authorised person by the FCA, a Director of the Association of Investment Companies (https://www.theaic.co.uk/aic/people/will-fraser-allen) and a Chartered Accountant. It ought to also herald the final demise of AlbionVC llp as being completely unfit to act as Investment Adviser to even a cat's home, and sanctions should be levied against each and every member of the LLP for their offences of aiding, abetting counselling and procuring criminal acts by WTF.
Less than 20 days before we see the publication of the latest "fees, fees, fees for all and sundry" Ponzi Scheme prospectus
THIRDLY
End November 2026 Crown C share conversion based on 30.06.26 NAV
FOURTHLY
03.12.26 - High Court hearing.
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Anyone care to run a book on when the Liquidators of the 3 old merged Albion companies will come clean on their fees? Will a firm of Chartered Accountants ever tell the truth and/or comply with the laws of the UK?
The Directors of the VCTs knowingly misled the members of the VCTs just to line the pockets of their fellow professionals and the members of AlbionVC llp..
Ben Larkin and the other directors all now refuse to disclose the extent of the gravy train and disclose the amounts that the liquidators refuse to disclose in breach of every Insolvency disclosure rule - c'est la vie for anyone dealing with UK investments ...
... given the admitted outright corruption within the newly renamed Department for Business, Innovation, Science and Trade and it's proven corrupt Insolvency Service Agency (or should that be Department for "Bribery, Incompetence, Scams and Treason" in the light of British Business Bank's grubby dealings, false disclosures and promotion of a scammer, to whom they have thrown £gazillions, in his SEC filings that he is regulated by the Bank of England and the FCA when the BBB knows he is not and is a pathological liar (oh and don't forget outright fraudulent Income Tax evasion and false accounting in the case of Octopus and Albion VCT investments in Elliptic Enterprises now sponsored by BBB)
UPDATE 8 SEPTEMBER
ANYONE ELSE SEEN ALL THE BROUHAHA ABOUT THE MISUSE OF VIRTUAL AGMS AFTER THE CORRUPT DTI'S PUBLICATION OF A CONSULTATION?
https://www.gov.uk/government/consultations/modernising-corporate-reporting
WILL BEN LARKIN, A SENIOR PARTNER OF JONES DAY, HAVE THE COURAGE TO RUN NEXT WEEK'S AGM IN ACCORDANCE WITH THE LAW? IT WOULD BE A FIRST FOR HIM AND ALL OTHER ALBION VCT CHAIRS.
QUESTIONS FOR THE AGM WILL BE POSTED HERE ON SUNDAY 13 SEPTEMBER. WILL BEN DARE TO PUT THEM TO THE MEETING? WILL ANY OTHER SHAREHOLDERS SEE THEM AS THE LAW REQUIRES BEFORE HE REJECTS/SUMMARISES/IGNORES THEM? WILL HE REMAIN A REGISTERED SOLICITOR?
IN THE MEANTIME ANYONE WHO CARES ABOUT DATA PROTECTION SHOULD ASK BEN WHY HE IS NOW AND HAS BEEN FOR YEARS PERSONALLY AND CRIMINALLY LAIBLE FOR THE FINES FOR FAILING TO REGISTER AND PAY FEES TO THE INFORMATION COMMISSIONER'S OFFICE. (just do a search on their database for proof)
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