Hi, I am wondering if anyone can suggest possible reasons why (common control) companies would exchange names temporarily. I have seen this behaviour several times looking in to reverse takeover AIM shells and in the setup of alternative investment scams.
As the FCA register lists company number as well as name, my initial thought of a “pass the parcel” FCA authorisation doesn’t seem to hold water.
The people (I’m looking back in time 10 yrs) responsible for structuring these transactions are experienced small cap ACA’s and/or reverse takeover shellmeisters (as they say)
I wonder if anyone could suggest possible rationals for this behaviour