Brainspark nears 2010 accounts filing

AIM-LISTED investment company Brainspark said it was in the process of preparing its full year accounts to 31 December 2010, as well as its interim accounts.

The business has delayed publishing its 2010 accounts as it waited for some of its investee companies to produce their figures.

Its shares have been suspended due to an acquisition that it believed would constitute a reverse takeover. However, it is now unlikely that it would be classed as a reverse takeover if completed.

The company expects its shares to be restored around the time when the full year and interim accounts are issued.

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