Sunday, June 18, 2023 11:57:29 PM
A company is called ‘dormant’ by Companies House if it’s had no ‘significant accounting transactions’ during the accounting period. A significant accounting transaction is one which the company should enter in its accounting records.
The balance sheet states £100, which is the 100 shares issued at £1 when the company was formed.
So now does that align with following:
https://website.thenftmarketplace.io/
A seed round of funding is underway with a target raise of £2,000,000 which is being deployed into i. Public listing of NFTM stock £500,000 ii.
Beta stage platform development £750,000 iii. Marketing to align with significant hospitality brands £250,000 iv. NFTM token launch £250,000 v. PR marketing post list £250,000.
Target date for raise September 2022 Target date for Public list Q3 2022
It means ZERO was raised (or is being declared anyway).
So with ZERO money, how can a platform that is stated as costing £750,000 be completed and apparently ready??
What about the 3 NFT launches that all apparently sold out? CBD all stars etc? No declaration of them in the accounts.
Furnished offices that seem to be rent free. All the staff working for free. Even the lawyers are not charging to do all this legal work.
Ignore it all though and just shout BAABBLLL
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