axel27
11 May 2018
Darren Mercer apponted as Director - 4 Apr 18 [link] this has happened given that the finance director resigned back in Sept and the auditors resigned in Feb 18.With several tens of millions at stake, I'd have expected better comms from this unlisted entity..... Most unhappy I am. Board BNN make a statement please.A, sharpening the legal pencil
swisspaul
09 Feb 2018
This is going to be interesting NM
Shymongrel
06 Feb 2018
Re: 'Winning combination'? Any day now this stick will be delisted
mackackoo
15 Jan 2018
'Winning combination'? We are all stuck with this one for the duration, but the excellent www.michaelwalters.com has just issued a long, detailed and broadly encouraging note on the latest developments. A subscription to his website is a great investment in my view.In relation to the latest news from BNN, he makes this point: 'Hanson and Ramsay look a far stronger board pairing than anything previously available to BNN. They have real international experience, with strong connections in China and the Far East. Marrying their skills, and obvious corporate governance and institutional appeal with the entrepreneurial flair of Mercer might yet make a winning combination at BNN.'He also asks why, with their reputations, they would want to involve themselves with BNN if the company had no future. Sit tight. Not that you have much choice.
axel27
13 Jan 2018
Hand in the till rumour OK, it is a loan and some confusion over a bonus. I'm catching up in the New Year news.This is a public company. The CEO's employment contract is agreed by the COMPANY, which is the Board, or a nominated committee. You should not have a situation that the remuneration is agreed between the CEO and Chairman, no one else knows and the wrong accounts are signed off. Shareholders no doubt sharpening their pencils to go and claim on the O&D insurances or from the individuals directly. Unsurprising the Chairman has gone.Meanwhile, silence on the Chinese chappy also suspended. I'll be happier when he is reinstated (or sacked), and then hopefully no more skeletons. I feel sorry for the ex CFO. His recompenses after resigning for losing his job are limited. However slap on the back, good chap, for taking it on the chin. Hopefully we will see trading back on track and only good news.Happy New YearA, sharpening that pencil as this dog has cost him money.
JohnyCash
04 Jan 2018
Re: Doesn't look good Good to see your glass is half full Shymongrel, against mine which is half empty!Was the comment regarding leaving AIM absolutely necessary? Certainly set the hares running as far as I was concerned........JC
Shymongrel
04 Jan 2018
Re: Doesn't look good The guy was trying to take half a million out of the company and he got found out. PWC have put the brakes on it and now thew whole ting is out in the open - its only a small percentage of their avaialable cash which is still well over £20mMeanwhile the resignation of the absolutely useless and foolish brokers is well overdue, but in a well run company their replacements would have been announced at the same time.However the current board is highly credible and I am fairly confident that they will get a new broker before the deadline
JohnyCash
03 Jan 2018
Re: Doesn't look good Have you not also read the RNS in respect of the Director loan?The whole thing is a can of worms. JC
cosmondo
03 Jan 2018
Re: Doesn't look good Not sure I understand the relevance of a nominated advisor. Is it a requirement for all AIM companies? If so is it that BNN will have to seek admission to an even more junior market? Hopefully all is not lost. There was a significant amount of cash within the company only a few months ago - surely that hasn’t all disappeared.
JohnyCash
03 Jan 2018
Doesn't look good BNN Technology (AIM: BNN), a London-listed Chinese technology, content and services company, today announces that Strand Hanson Limited, its Nominated Adviser, has resigned with effect from close of business on 9 January 2018.The Company's ordinary shares are currently suspended from trading on AIM, and such suspension will remain in place. Should a replacement nominated adviser not be appointed prior to 9 February 2018, the Company's AIM admission will be cancelled.
cosmondo
29 Dec 2017
Suspension This suspension seems to be dragging on. From the rns’s it seems we are just awaiting a new board to be constituted but does this justify such a long suspension?
JohnyCash
24 Oct 2017
Re: RNS this am Yes, great news......
gerihatric
24 Oct 2017
RNS this am it is re-assuring to read that the business will soon return from suspension and that the 2 key men will still be involved. Despite all the rumours since suspension it would appear that we still have a viable business.
mackackoo
16 Oct 2017
New PR advisers They also need to bring in new PR advisers urgently. And PR advisers with real integrity. Too much of what this company has been putting into the public domain has been ill-advised, to put it mildly. PR people need to be able to speak truth unto power and clearly the present lot are far too craven.
CornishTinker
15 Oct 2017
Re: What is going on Thanks S, very helpful. So hopefully we just have to wait for eventual release of suspension and then see what impact PWC et al have had on the cash and then the share price.
