The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Just to pick up on the HL point for what it’s worth. Normally HL would not have any involvement with the shares of a company not traded on any market and run by a sole director with no external oversight. Obviously a legacy situation has arisen from a former iteration of Cloudtag that was listed on the Aim and HL are obliged to undertake administrative work on behalf of clients (who will be using HL on an execution only basis rather than a bespoke brokerage service with an advisory function). As Ctag is indeed issuing ‘official’ updates, HL will be acting on the basis of these updates being a genuine expression of the affairs of the company - what other choice do they have. What enquiries can they actually make with certainty, and why would they set themselves up to underwrite the veracity or otherwise of the information contained in the Ctag updates?
Everything hinges on one man’s version of events - if there was independent verification I would expect it to be in the wider domain than just HL.
You need a dip back to the Liz Truss £/$ rate (or lower) to offset inflation and the opportunity cost of doing something useful with the proceeds after months of delay. Look at a local sole trader’s terms of business and you’ll likely see a better grasp of the effect of delay in settling a done deal with a surcharge for delayed payment than Amit seems to have with this oh so credible ‘buyer’..
Ducks lining up eh? The bingo’s kicked off early down your way..
*carat?
Who even needs six figure cash when there’s raging paranoia to fall back on?
Bet you’re too young to remember Asil Nadir of Polly Peck, hubba? Fascinating business study where a grand would have got you a quarter million and back to nowt back in the day that was serious money. Plenty others, Madoff (instrumental in founding the NASDAQ and chairman 3x in the 1990s), Conrad Black, Robert Maxwell. In many cases there seems a fine line between outstanding business achievement and ultimate self destruction..
As someone once said, success needs no explanation which will hold true or not within the next week..
Wondering what more of an announcement would be expected, this is on J&JMed website. Unless Amit is expecting a big speech naming and thanking him (A bit like Meghan Markle was expecting from Kevin Costner a few days ago, watch the clip on YouTube when Harry Markle was giving him some award - hilarious).
Congratulations everybody! This must be it. Amit must have been at the dentist or something this aft and been unable to get an update out and give the go ahead to the agents, but first thing in the morning.. And of course for anyone doubting Delmonti, (like me), I’m facing a huge plate of humble pie as his timing prediction V 4.0 was spot on..
Perhaps a fair bit of repetition, hesitation and deviation (or whatever the points were on ‘just a minute’) from dagenham but think they are more on the money. End of this week then?
Maybe set up a closed group somewhere, rather than post on a commercially operated forum that invites posting from anyone with an opinion in order to generate profit from the associated ad traffic? Whether you like it or not, long, short, ex, wouldn’t touch with a 10ft or ‘nearly bought’ are all valid viewpoints.
‘Section 24’ Interest restriction as brought in by the clown George Osborne, proves you wrong on that dagenham. A loss for an unincorporated landlord on a residential letting after finance costs can produce a tax liability.
ManFromDelMonti, is spot on on this. We are taxed by self assessment but anything of significance is reported by the third parties involved to HMRC for them to pick and choose from and compare with what an individual has reported.
Mine was early 80s, think I must have applied to a newspaper ad for a self administered test and then decided to book the supervised one. Don’t think I’d have joined up if I’d made the grade and actually turned down going to uni (which was free with a maintenance grant). Don’t mind admitting back then I was working shifts on a factory floor 7 days a week and renovating a Victorian property (my third home, bought my first at 18, same week I got my first wage slip). Went self employed at 27 and semi retired at 43 with a decent property portfolio.
PikeyK, you appear to exist here purely as an adjunct to Spikeyj, I expect it seemed amusing at the time?
You certainly put a lot (and I do mean a lot in hubbas case) of clear blue water between yourself and the other supporters here with that statement, ManFromDelMonti. Not long to wait for the verdict, surely your ‘before the 6th Oct’ is the last line in the sand?
Give me some credit hubba, if I was pretending I’d have added a few extra points rather than be a Mensa failure at 147. Whatever your IQ, you certainly have an extraordinary imagination..
Perfectly well understood what you were saying MrC, just calling you out on the fact that no poster here has an IQ below 10.
MrCoffee, suggesting someone has an IQ not in double figures but is more intelligent than the other posters who have apparently not drunk sufficient quantities of the Kool-Aid makes me wonder about yours? For what it’s worth, I scored 147 many years ago under a supervised MENSA test. Not quite up to the required level for membership (149 IIRC). 100 being the average and, whilst zero is technically possible, 40 on the downside and 160 on the up just about covers the spectrum.
1982, And of course a former chairman of the Nasdaq with a well respected legit brokerage could not possibly have run the biggest Ponzi scheme since…well Ponzi himself.
Been reading and couldn’t resist. The funniest comment likened the naysayers to someone at a church fete telling those with raffle tickets they would never win anything. That would be a church fete where the vicar has taken the cash but sold all the donated prizes on eBay, whilst delaying the draw for seven years?