This is irrelevant for them. They just wanted customers' money. They promised 30% shares but not with all this official stuff but more like boys in school exchange chewing gum for candy. Secret Brotherhood of Hash. Customers would get an e-mail like: Rest assured you now own 1/3001 of our company. Haven't you noticed how shocked they were that most of the people didn't give a damn about offered deal?
Yep. Pretty much. This is why I pointed out the Laws. It will take Alpha MONTHS and tens( possibly hundreds) of thousands of pounds to organises this. They would probably spend most of their capital just to get it of the ground. They don't have the intention or the finances to do this right, as you say customers will probably just get an email saying "You are now the proud owner of 250 shares in Alpha Technology we promise to pay you 000.1% of any and all future earnings".
None of it will be legal, just another money grab. BUT, messing around with the FCA or FSA is pretty serious stuff. This is not a breach of the DSR, they WILL end up in prison if they if they try to pull a share scam. Mr Akram and his cronies are heading closer and closer to an 8x8 cell.