Member Info for Colourbounce

Not long ago they said they would have enough cash to last until at least April. They are scrapping about for Director loans and this****** now.
Joke of a company.

tonlie, have you ever asked Cyans CEO or EC for a Strategy and Outlook statement? Try it, just for the amusement.

' no figures were misquoted the 15p was factual and the 900p was factual '.

Doesn't look like the consolidation element has sunk in jake, you can't do much more mate.

tonlie, with your multiple daily posts, and naive questions here, you must accept that your knowledge on this company is unbelievably low. Best you go read up, and absorb, before coming back and can make an informed contribution to this BB.
I do look forward to it, but in the meantime, have a lovely Christmas.

It's another case of Noses in the Trough tonlie. One or two are so overpaid, they can lend it back at an undisclosed interest rate .

Indeed tonlie. Within 3 weeks you will see a hideous revenue number. You will of course ignore it and follow the JC flannel that you have for the last 5 years or so.

Yeah, come on JC, earn your extortionate salary just for once.

Buy after the bomb drops at 3 ish, trade it and get out before the next JC car crash report.

DYOR

gizmo, without realising what you have said, I'd say you have nailed it.

He hasn't mentioned it because he doesn't understand consolidation. Too many numbers. That's why he can't understand why some here are ripping the BoD a new one.

Think I will wait for the 50% gain in revenue number tonlie. This shower couldn't run a bath.

If ever there was doubt, JC in his prime July 2017.......... and the joke goes on.

Executive chairman John Cronin said: “We now believe that this team is in place, aligned and ready to execute on the orders announced over the past few months and that due to his extensive experience operating at this level, Harry is the best person to be placed in this critical role for the business.
“This appointment as COO will mean that Harry will move from a non-executive to executive director capacity with immediate effect.
“Harry's near term priority as COO will be to convert the £21m order book (representing purchase orders received from customers but not yet delivered) into successful customer deployment projects, which will result in significant revenue growth for the company.”

JC, you really need to explain a few things, maybe start with the revenue number and work from there.

That's £205k for HB in consulting fees ? WTF, he did nothing when employed, and now invoices JC, for doing nothing still !

I can tell you Itt, they do next to nothing in India. They are way overstaffed from what I am told.

Never mind that, let's find out if they are making anything on the 1 million plus already installed. I fear there may be a huge hole in the business plan.

Point is tonlie, this is a CC board and there is no comparison to a well run company against a clueless one. I see the new Indian boys have hit the ground running.

In September 2019 CyanConnode announced that the Company had expected to secure substantial Indian contracts by the end of October following delays in new tenders being awarded caused by the Indian General Election. The award of these contracts continues to take longer than anticipated, and while they are still expected to be secured in the COMING WEEKS, the Company is now unlikely to meet market expectations for 2019.

DYOR : )))

John Cronin, Executive Chairman, commented:
"Having won the £1m smart metering contract with Enzen in January, announced the successful deployment of Cyan's solution for Tata Power Mumbai in April, the $3M Letter of Intent from El Sewedy in May and the new funding of £4.6m in June, it has been six months of strong progress for Cyan.

The Company remains well placed to add new customers across India, Brazil, Africa and China and to develop existing commercial relationships with utilities through to large scale commercial rollout. The Company has a pipeline of potential orders for the remainder of this year and going into 2016 across multiple regions and I look forward to reporting further progress to shareholders in due course."

I could do this all day...... DYOR lol.

I know you don't like history tonlie, but this is over 6 years ago......
John Cronin, Executive Chairman, commented:
"I am pleased to report that Cyan is now in the process of deploying our smart metering and lighting solutions in India, Brazil and China. The two orders we received in June and July for smart metering deployments at Tata Power Mumbai and Essel Utilities in India were quickly followed by a substantial smart lighting order from China. Additionally Cyan has now deployed multiple pilots in Brazil and opened up an additional emerging market opportunity in South Africa.

The SUBSTANTIAL lighting order was a 15,000 unit pilot, that didn't go any further.

"Having raised significant additional funding from shareholders a few weeks ago, we are now very well positioned to exploit the commercial opportunity for Cyan's solutions in emerging markets across the globe and I look forward to delivering further positive news to shareholders in due course."

JC in every RNS, regarding future trade, has promised orders on the way. EVERY single one for years and years, you reall need to DYOR and take a good look.