The Amazing AI Affair

A Call for Regulatory Scrutiny

ShareSoc is closely monitoring a recent report concerning Amazing AI plc (AAI) – formerly known as Investment Evolution Credit – following its recent suspension and subsequent withdrawal from the Aquis Stock Exchange.

Serious allegations have surfaced involving a purported WhatsApp transcript. If verified, these records suggest activities that would be deeply concerning to any retail investor, including potential coordinated trading strategies and efforts to influence market sentiment through non-standard channels.

A Need for Verifiable Facts

The individuals seemingly linked to these reports, Paul Mathieson, Zak Mir, Seth Freedman and Nick Leeson, represent a cast of characters already well known to followers of the small cap London markets. While these individuals are entitled to the presumption of innocence regarding any alleged misconduct, the nature of the claims warrants a formal and transparent investigation by the relevant authorities.

• Market Integrity: Allegations of strategies designed to circumvent Takeover Panel thresholds or move share prices via coordinated public announcements.
• Investor Protection: The rapid transition of the company from “Investment Evolution Credit” to “Amazing AI,” followed by its delisting, which has left retail shareholders in a position of significant uncertainty.
• Professional Conduct: The role of corporate advisers and market participants in ensuring that all trading and communications remain within the spirit of UK market regulations.

Our Position

UK capital markets rely on the principle that stock commentators and journalists must be free to provide critical analysis without fear of coordinated harassment or contracts designed to silence opposition.

ShareSoc urges the Financial Conduct Authority (FCA) and the Insolvency Service to review the evidence currently in the public domain. It is essential to verify the authenticity of the communications cited and to determine whether any regulatory breaches have occurred.

Retail investors deserve a market that is transparent, fair, and free from the wild west tactics alleged in this affair.