UK 18:00 Friday, 23 October 2026
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
As I flagged up at the time of the 80p IPO , the lending business of Amazing AI (AAI) had already been listed three times before it listed on AQSE. In Australia, the Seychelles and on the US Pink Sheets. Each time, losses were enormous and it all went utterly Pete Tong with delistings and investors losing everything. AQSE Regulation seemed cool with this in allowing the IPO fourth time around although there has been lengthy communications on a number of occasions since. But in the US Pink sheet era ( 2013 to 2019) the SEC did kick up a public fuss. I am preparing a very detailed dossier on that, on spoof M&A activity which were in fact disguised placings, director share sales and appalling financials . That special report will go live tomorrow, but for now….
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