Acquisitor Holdings has built up its stake in Baltimore Technologies to 13.56 per cent ahead of a key egm in London next month.
In a statement the firm said it had aquired a further 130,000 shares in Baltimore, bringing its interest in the technology company to 7,293,736 shares.
Earlier this week Bermuda-based Acquisitor dismissed Baltimore's latest business strategy to reinvent itself as a service provider that would help businesses cut their energy bills and called for the company's entire board to be sacked.
The complaints led to the scheduling of an extraordinary general meeting in London on May 6th.