Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
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Sour grapes?
So you do think you're going to get paid out then?
B3ast is a shareholder Mrcoffee, Apparently š.
I think he bailed out too soon though.
Sour grapes springs to mind.
ā¦ and of course, in terms of transparency, regulation, oversight and disclosures, thereās the small matter that UK AIM listed companies have to publish regular audited accounts, which would show things like director renumeration, how much is being spent on workforce, plant /premises, etc, & would verify amounts of cash sitting in different bank accounts etc, receivables, & whether the company was actually doing deals / had revenue steams etc, that made it viably trading as a going concern or not.
private unlisted st vincent registered companies donāt need to do that. (i think itās been a long time since anyoneās seen published audited accounts from cloudtag.)
ā¦ meanwhile, on a slightly different note, but still thinking about differences between disclosure and regulatory requirements for UK AIM listed companies, vs private unlisted overseas (st vincent?) companiesā¦
ā¦ i think itās fairly safe to say that if a UK listed AIM company had put out an RNS stating that it had $50 million tucked away in escrow in a particular branch of CIBC ā but then found for some reason that it needed to revise or correct that ā then the AIM company would need to issue an explicitly corrected revised RNS, or a new RNS explaining the change in circumstances, rather than simply edit the text of the initial RNS without drawing the marketās attention to the change and without explaining why the change was needed.
For sure thereās a section on cloudtagās website, under the āsecurities informationā heading, which lists āsignificant shareholdersā.
ā¦but that seems to be an update as at 08/09/20 when there were supposedly only about 942.5 million share in issueā¦
ā¦ thatās about three and a half years agoā¦ ? it seems possible there may have been some changes since? (bearing in mind, for instance, that the ācommercial updateā of 7/9/23 announced that shares in issue had increased to 999.9 million shares.)
if this was a UK listed AIM company, there would also be published information about the dates, precise quantities and actual prices paid by/for BoD share trades (& BoD share awards, warrants, etc). i donāt see that kind of info about amitās trade /share award history on the cloudtag site, so presumably st vincent does not require such.
(happy of course to be corrected if i am overlooking such detailed & recent info on the cloudtag website.)
You actually believe your short is going to be paid outā¦ā¦ā¦ā¦ā¦..How quaintš¤£š¤£š¤£
Nothing āquaintā about the ātrailer trashā on here
You actually think posting rubbish on here 24/7 is fulfilling?
How quaint!
Watch your inbox folks
You actually believe what the website say's? How quaint :-)
āsignificant shareholdingsā
Theyāre on the Cloudtag website
There are some important differences, whispering.
(including, for instance, what and when AIM-listed UK companies vs private listed st vincent companies need to disclose to their shareholders and the wider market about company financials and significant shareholdings, including BoD share purchases and share sales.)
My understanding Spike, St Vincent Articles of Association (which the company is registered according to the website) arenāt too different from a public company still trading on UKās AIM market.
St Vincent - Article 43 - refers to- The Directors may in their absolute discretion refuse to register or transfer any shares ā¦ in line with said article 43
You never fail to try and antagonise also mislead. Itās perhaps worth remembering shareholders rely on Amit being transparent - via the website, itās his duty as CEO. From my observation updates have relayed the companyās status quo.
Chimers - my thoughts same as yours, I also asked HL their opinion ref it being a scam / fraudulent etc, ( I didnāt expect them to comment ) but he thought that after 6 years of nothing it would be very foolish to now put statements on company website, when he could have let sleeping dogs lie.
GLA Jayne
Where has that freaky Sheriff of the AIM disappeared to. Has he managed to mug off a few more idiots to read his crap before going into a forced hiding.
I think Winni knows whatās coming to him after spouting so much crap over the years and all in print, what a wobble.
Talking about spouting a load of tosh, that Scottish chap seems to be progressing well up a cul-de-sacš
Re 13:07, issue is not whether or not whispering thinks such changes āshouldā or shouldnāt be notified for transparency.
itās whether or not such notifications/disclosures are or arenāt **legally required by the st vincent jurisdiction** (if that is still where cloudtag is registered) for this unlisted, private, overseas company.
(happy to read any relevant specific requirements anyone can cite from st vincent regulatory bodies.)
my own understanding is that the reporting & disclosure requirements for that kind of company are very different from those mandated for a public company still trading on UKās AIM market.
JLCI, Corporate negotiations do take a long time
My Friend was involved in the sale of a British port, That took a couple of years to get the
money after the first official handshake.
thats the reason I'm in no sweat
Sorry posted some parts twice !
Further to my posts yesterday, I called HL again this morning,, their corporate dept have confirmed no further communications have been received from Ctag since mid March. I was told that these ācorporate actions can take a long time ā !! Lol. Again please donāt shoot the messenger, Iām just passing on what I was told, I appreciate we were already aware of this as itās been discussed on here in the past.
Whispering - thank you for your post yesterday
GLA Jayne
Whispering - thank you for your post yesterday
GLA Jayne
āalso, although the company has previously announced it would not register share transactions between third parties, so far as i am aware there would be nothing to prevent the company from changing or suspending that policy, and so far as i am aware there be no obligation to report any such change to shareholders.ā
I disagree, shareholders should be notified of any changes which were made in past updates. For transparency
āSo over $275M has been spent and yet to date there is not one single peep of acknowledgment, not one single listing anywhere, not one mention that these 2 clients had then purchased 0.25 of a Billion $ās worth of commodities ?ā
Which may then suggest said buyers arenāt ready to make an announcement to the market for whatever reason?
Then Amit should make this clear to shareholders instead of re-hashed updates, also said anomalies with the capital share book, which one could read as collectively being delaying tack-ticks?
(Presumably you meant) post ā..not contacted or not paid anyone..ā
Yes, not contacted!!!!
Re 09:19, it has been quite a while since an updated figure was given on cloudtagās website for amitās personal holding - so it would be interesting to know what the company believes the current figure to be.
so far as i am aware, there would be nothing to stop the company from purchasing shares from one shareholder, if it wished, and then selling those shares on to another investor (i.e. without having to issue new shares).
also, although the company has previously announced it would not register share transactions between third parties, so far as i am aware there would be nothing to prevent the company from changing or suspending that policy, and so far as i am aware there be no obligation to report any such change to shareholders.
(Presumably you meant) post ā..not contacted or not paid anyone..ā
which then relies on an alleged deposit which may or may not be held by an agent or held in a bank in Chicago and whose only existence has then been supported by the many Ctag notices, which have then been consistently proven to be reckless with the truth.
Consider that in both payments, the funds have been released by the clients.
The SaaP has cleared escrow & is allegedly sitting with the agent & the DaaP āhadā been cleared for payment āāby end of week 16th October [2023]āā.
And it was NOT the client but ABH who then opted to delay, allegedly for extra %.
That these funds had allegedly been cleared, means there is no sitting requirement for NDAās pertaining to the clients previous requests.
So over $275M has been spent and yet to date there is not one single peep of acknowledgment, not one single listing anywhere, not one mention that these 2 clients had then purchased 0.25 of a Billion $ās worth of commodities ?
Better to be silent and let people think you are a fool
rather than open your mouth and let people KNOW you are a fool
Take note of TW's council, NOW that did make me laugh