AIM has quite a lot of unscrupulous characters which is why it is so important to be extremely careful. I am not invested in BEN, but remembered seeing on an ADVFN board some time back that one or two users were sounding the alarm about Adam. As I am not invested, I haven’t followed events here to know whether what has happend is underhanded, bad luck or just a poor business model.
There is another person who has been a chairman of several AIM companies and where the share prices for nearly all of them have crashed spectacularly. You have to question whether they are nothing more than lifestyle companies paying the owners and/or board members handsome amounts from equity raises whilst they promise future riches.
Moral of the story from my experiences, which I’d pass on to new AIM investors, is that due the reduced audit requirements and very risky nature for a lot of these businesses to only invest very small amounts.