Member Info for dougb189

Thanks Spikey, i’d agree on the first point re. offshore company outwith FCA jurisdiction but on the second point there is an element of it that which is perhaps a grey area, concerning the ‘investigating’.

“nor do they have any responsibility for regulating (or investigating or prosecuting) amit’s activities as a director of a private unlisted overseas non-UK registered company.”

Considering that Amit has been an FCA approved company director up until Q3 2023 with specific responsibilities as a Money Laundering Reporting Officer, then there is perhaps cause for concern when it is shown that this year he has been unable to maintain an accurate record of the shares issued.

Which then brings into question the FCA’s vetting processes and so hence IMV a possible investigation, perhaps prompted by forces external to the FCA, irrespective of which jurisdiction his current activities are in.

Very apt bud.. “..apologetic..”

Literal definition : defence of the faith.

& so.. the apology :

1. Expressing regret [ticked]

2. Accepting responsibility [blamed UK broker miscalculation]

3. Making restitution [nil]

4. Genuinely repenting [nil]

5. Requesting forgiveness [nil].

So you won’t then be too surprised to hear that many are not convinced of Amit’s sincerity with his ‘apology’.

I’ll concede though on reckless, which although is generally a massive negative when seen in the context of the truth, it does come into existence as a positive when looking to operate beyond accepted parameters. Occasionally.

No matter how you try and paint it, another assumption is then being made with your opinion that “He’s about to do it again.”

There are no assumptions being made when stating that Amit Ben Haim is reckless with the truth.

Which is a core tenet when assessing Occam Razor.

Occam’s Razor is centred on the argument with the least assumptions is then usually correct.

There are no assumptions being made when stating that Amit Ben Haim has a history of being reckless with the truth. That is a given fact.

There is then one assumption being made when stating that the company website narrative is factual.

Deciphering Wakey’s rambling non-sequiturs is perhaps half the fun but it then appears Spikey that you have succumbed to the rambles…

If you re-read Whispering’s War And Peace epics, you should then note that she does not state that CTAG is currently under the FCA regulations “Amit was a UK regulated Director” nor that there is a Current complaint with the FCA. It appears that her reference is perhaps tied into a complaint made when CTAG were under FCA rulings. ?

It is then only yourself Spikey who infers there is an avenue of approach (wrongly in your view) to the FCA that correlates with them having a ‘responsibility tied to current regulatory duties’

The FCA are being corresponded with, but that is then centred on their rather loose requirements for UK directorships.

Lol but is Nice to see the asylum all enjoying Happy Hour.

hic.

The rise of ‘greedy & useless bod’s’ is perhaps symptomatic of the London market. You’d would then think that it might be beneficial to the system to enforce tighter regulation & assist where there exists concerns eg. that the FCA then provided support to say the COPL class action group eg. by providing supporting documentation . Guessing though that there is likely an equation for the current financial sector players to then benefit on London’s slow decay.

CTAG shareholders getting nothing back ? No, there are approaches available via the legal systems and there are just as many varieties on the definition of payback.

Imv suggests ABH is playing a dangerous game but which he believes is worth perseverance ie. there will be more updates and so it’s then worth looking outside of CTAG and perhaps taking a closer look at what other members of the family are doing. And perhaps cross-correlating a few recent dates with external activities. I’m still going with an end of the month notice, Friday 31st May, simply on account that will be the point at which the faithful will be getting anxious. And Amit will once again entertain.

‘ it's a pity Tim's ctag action group at Hyde park didn't do the same thing at the time.’

I don’t think there would have been much of a return on a CTAG ‘class action’ against the Onitor.

Yes, there was £9M+ of funding involved, which then generated a wrist-monitoring-thingy but Its not relevant that there was then no £5.2M sales via First Chance as advertised, it only needs to show that one wrist monitor was produced which would then inform the judge that the Onitor was not a fraudulent set-up. Significant difference between being fraudulent and it being a wrist monitor that was a pile of poo but which was still able to transmit pulse data.

Any class action on the Onitor would simply have highlighted that Amit Ben Haim is indeed reckless with the truth. Which is what the Judge at the CTAG employment court case pointed out.

With COPL, there were several horrendous management decisions : had AM not decided to take CUDA (one of 2 NOP’s) out of the field at a cost of c.$20M (which they did not have) then there would not have been the subsequent calamitous RNS’s most of which were then centred on AM’s habit of being reckless with the truth eg. broken finance covenants with their lender which were kept in the dark, & then saw the sp crash from 32p down towards the support line [at 16p] but was then terminated from the freefall by the FCA instructing AM to inform the market that the company had reached an agreement to cover the broken covenant. He had to be instructed by the FCA to do the proper course of action which then partly rescued the sp. It was then a regular pattern of horrendous RNS’s immediately followed by further fund raising. The sp was decimated by incompetence. There was then a significant catalogue of red flags & these were highlighted many many times.

There is then a probability that AM’s gross incompetence brought in some hedge fund sharks who then took advantage of the situation. Did the ‘billion gallon oil field’ exist ? That is a possibility. Did the ‘hedge funds’ set up the death spiral ? No, this arose out of COPL management’s gross incompetence so sadly I don’t see the Pi’s gaining much. Good luck with any COPL class actions by Pi’s but I imv it was just very poor management and that ain’t a criminal offence.

COPL was initially a decent bet that was centred on AM’s previous track record, where he had then turned a $200M North American fracking company into a $2B North Sea driller prior to the Fanny Mae macro events wiping out the banks & they then calling in their loans. Going back into the US the bet was then initially looking good, 0.07p to 0.25p. An asset available at a knock-down price & part of that was Hadron Capital took 12% (they made a hooomungous killing on ARB which I got the back end of)) but then AM started chasing more & more ‘development’ funding (Hadron Capital then quickly sold) and it was apparent to some, that AM was now telling porkies in many of his reports. Was then time to be very very cautious. When TW then stepped in, it was a good time to step out. Most sadly ignored this. And resulted in remarkably similar as to the performance of the CEO here. [Sorry to say, but a class action might be relevant to COPL but imo it is Not relevant to CTAG.. it’s a dog eat dog world, so every man & woman for themselves].

I wouldn’t right off the small caps market as there are till a few diamonds around. Is then a lot of reading, mostly on TG forums, before going back in heavy (similar to AST but keeping it under the notification threshold (Pi’s are too toxic . And then just enjoying the luxury of waiting, which is centred on faith in the management’s good planning. A million miles away then from Amit Ben Haim’s reckless with the truth approach.

Lol, it was good times Antha on the LSE.

Use to be fairly reasonable craic. Today though, post covid & the toxicity is overwhelming, IMV is likely from many OAPs & those office workers based at home, all now bitterly twiddling their thumbs.

One certainly no longer ‘advertises’ in LSE on those stocks that are interesting. Lol, this was my main foray into the healthcare sector but Amit Ben Haim was then a valuable lesson of what to be wary of. Now his brother Shlomo is also expanding on that education as seen with the recent New York court case.

HydeParkwhisperer who previously created such a bad reputation for herself that she then had to delete the LSE account ‘WakeyMitch’ [or was it LSE Admin who deleted the account ? ].

“..to act in a way that challenges established norms or acceptable behaviour..”

And yet has a clear and unambiguous record of calling all that argue with her as misogynists, zealots, antagonists and even today she now labels a fellow lady poster as “Dick”.

One can then only surmise, that the bell has once again rung for gin o’clock ?

So, once again WakeyMitch reverting to type.. ‘hic’

There is the hypothetical scenario where the updates may indeed be truthful. Which then asks, what are the legal obligations that are encountered when one makes such an update.

eg. when a notice of income or a dividend is declared, there is then for legitimate companies a legal requirement [with time limitations] where the declaration is then an IOU, ie. that the recipient is then owed the income or dividend. This then has 100% validity when the notice is raised via eg. the AGM. For us sadly, it is a company having been initiated in the UK but now operating outwith the UK but which still has a CEO recognised as ‘competent’ to be a UK company director by the FCA, which then would suggest a possible recourse including complaint, against the FCA if such a person was then found to be committing fraudulent acts.

That the FCA then also further deem the person as appropriate for a position of a Money Laundering Officer is quite remarkable considering the apparent inability to keep the books straight with the basic matter of taking note of the number of shares issued.

Lol, Miss Marples just texted “your cheques are in the post”

I thought the "biotech billionaire" adequately covered that ?! lol

"...Ben-Haim's lawsuits almost equal his [company] exits. 2012:

Biotech billionaire Prof. Shlomo Ben-Haim is facing his third lawsuit this year and fourth in his career over the life sciences companies he founded. He has been sued twice by entrepreneurs of companies he founded, who accused him of stealing their assets. He was once sued by his former partner and friend, Lewis Pell for alleged unfair distribution of assets between them. The question arises whether the string of lawsuits is because of Ben-Haim's deep pockets, or is he a serial dispossessor?

...Ben-Haim has founded many companies, and over time, found it harder to support them. In 2008, he turned to the US and Israeli capital markets for the first time, raising $124 million in bonds for Medinvest Group LLC, mostly from foreign investors, for nine companies which he had founded since 2000. He invested $40 million of his own money. The companies included Core Dynamics Ltd. (the subject of the current lawsuit), in which Medinvest invested $17.9 million in 2009..."

Multiple court cases against the professor, even several from the state of Israel. So..Colourful family history.

But to add a wee bit of light to the family colours, in addition to multiple other successes an estimated "10,000 Patients Benefiting From Cardiac Contractility Modulation (CCM) Therapy for Heart Failure" which then can't be knocked, even if the Ben-Haim family name has lost some of its sheen.

Nice wee bit of investigative work by the twitter crew on the shenanigans that the Ben-Haim family have now gotten involved in over the control of Impulse : investors brought in under the pretext that Impulse was raising additional funding to launch an IPO & it is then alleged that after securing funds, the IPO was abandoned to 'avoid diluting Shlomo's 44% share'. A private deal with J&J failed to materialise. Cash burn by Impulse then saw Shlomo & family members offering $50M at high interest, quoted as 'death spiral funding'. Both ii's have taken legal action against Impulse. Case still pending in ten New York Supreme Court.

Thank you Ctagexpose. That's a significant piece of the puzzle that not even the SFO can ignore.

For once, it looks like the Upsidedowngal's hysterics may have substance..

Joining the dots then sees :

1. Shalom Ben Haim, professor of medicine and inventor of c.560 patents.

2. Amit Ben Haim, solicitor with extremely poor communication skills.

Looking forward to the next update re the tenth notice of impending payment..

'the cheques are in the post'. zzzz

Lol, don't get tooo stressed bud, being the badass is reserved for Amit.

CTAG Season 1 'The Onitor'

CTAG Season 2 'SaaP & DaaP'

CTAG Season 3 'cloudtAIg.com : bringing new depths to AI via Amit's Intelligence'