George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
That’s cool bud that you are spreading negative opinions on a stock that you allegedly hold.
Interesting history, with being regularly called a troublemaker on the UPL bb and here you are again, formulating your ‘opinions’.. ?
‘..no raise needed..’ courtesy of 150M extra shares at 1.2p each ?
Please keep your negativity to your own trading circle and I will then refrain from expanding the negativities that I know that currently cover my various stocks including Sarawak and would likely cause concern for those with extremely weak hands.
I would wager there are better odds that a placing will occur in Sarawak long before AY & AB dilute their shareholdings here.
Sarawak O&G with 150M outstanding 2023 warrants at 1.2p to be exercised before the end of the year & at a 60% discount. And every investor on the planet, remembers the infamous placing of the 64M warrants from 2022 just a few short months ago..
Would rather lay odds that the incoming gratuity payment of $1M to BOIL then sees the directors pick up some extra shares.
And I hold an even split on both these stocks as imv Either could go first. Just less of the negative opinions from those trading it.
‘..30th January 2024
Licensing payment update
The paying agent processing the payment transactions are experiencing difficulties reconciling the number of shares in issue due to miscalculation from a UK broker..’
The Serious Fraud Office could then simply verify that.. ‘a UK broker miscalculated’ and hence that the fraud allegation is unfounded.
Fingers crossed 1984., that an update appears which then names the contacted UK brokers!& which can then be independently verified by said UK broker.
Any accountants in da house, to run over the figures ?
My calculation then show that the totals added last year are inclusive of the subtracted cash outflows of $302M, ie. that the Fair Value of TG debt is then possibly closer to $731M + $302M & so giving c.$1B accredited to the Petroleum Fund directly from TG..
Https://en.tatoli.tl/2024/02/06/bctl-reports-a-slight-increase-in-tls-petroleum-fund-2/17/
Very interesting update behind the scenes:
Banco Central de Timor-Leste has now adjusted the Petroleum Funds from last year’s figure of $17.521B to the new revised fig. of $18.251B
After reassessing the ‘Fair Value of Private Debt Instrument issued by Timor Gap E.P.
Timor Gap initially ‘blew’ c.$600M of the Petroleum Fund, on acquiring the 40% share of Sunrise.
They have now been accredited with supplementing the Petroleum Fund figure with an extra $731.1M
Bags of confidence now being shown by TL’s Central Bank.
Lovely jubbly.
Thanks Chippy., that needed to be highlighted. Investors might need to take onboard that any fraud caae then possibly falls out-with the statutory remit of the Serious Fraud Office :
Defence lawyers for Amit Ben Haim could perhaps than argue the ‘reasonableness test’ that investors were made aware of a long history or fraudulent behaviour courtesy of having been warned numerous times via the various media platforms & that this is backed up by the numerous shorts that were opened. ‘Reasonableness’ though might suggest that this was all centred on the wearables developments that ABH then showed at international tech displays.
The company then took voluntary de-list from Companies House Feb 2019 & the notifications of December 2021 was the first occasion of a successful company product c.$275M that was totally out-with the wearables market, & which was then entering financial negotiations.
Personally and it was an email correspondence 2 months ago, in December last year, that tried to suggest that ABH was delaying the transactions so as to ‘try to gain an extra 2% for interest payment’ that had me quite furious & awakening to what might be possibly occurring, as per the 6 year statutory period.
Appreciated bud.
If my memory still serves well, then I recollect that any slanderous posts against Amit Ben Haim were then very very quickly removed ? And here we are, 3 days later..
It then possibly appears that as preliminary enquiries are currently being made by the Serious Fraud Office to try determine the validity in any allegations of said fraud, that these posts courtesy of them still being retained, then suggest that there is at least ‘official’ concern that the allegations could be valid.
Suspecting that any good news for shareholders would then possibly be pre-empted by :
(A) the sudden notification from UK brokers that contact from Cloudtag does now exist &/or,
(B) the sudden removal of all posts that tie Amit Ben Haim to the Serious Fraud Office courtesy of the allegations of fraud then being proven as misconstrued.
Up 12% on £40k of trades. Looking good.
It is indeed an extraordinary amusing concept HITS, that one Pi can then single handedly curtail any intended $275M payment.
Should the Serious Fraud Office then believe that :
(A) no offence has been committed then there is simply no further action taken, hence the earlier note given, that any ‘..sincere investors might later consider refining the data inputs for raising a fraud report after the 23rd or 25th or 28th or 30th iteration of Amit’s unsuccessful attempts to contact..’ the shareholders &/or brokers &/or distribution agents &/or grandparents, both living & deceased. And IF there is no further action by SFO they do not always notify you, they just simply ignore it, or..
(B) the SFO then believes that there is a case to investigate, then this may just start with a simple phone call. Perhaps the SFO “what’s happening?..” & Amit would then hopefully explain “… funds stalled at escrow account number ********** awaiting details of Ms.Carrot’s Papa New Guinea account..” that then placates the SFO. But should Amit then not satisfy some fairly simple queries, then perhaps the SFO can put the long suffering & possibly abused shareholders, out of their misery.
Going by the somewhat aggressive arguments of several investors then it is indeed correct that the true / actual circumstances are exposed now, rather than being left to ferment for yet another year.
“..To be honest if I end up not getting what has been promised it will be the lies than will irritate me more than not having the money….”
And yet here you are, extremely irritated that one investor had the audacity to prioritise chasing the truth over chasing his financial well-being.
May i just ask one question with reference to the lack of logic you are applying to all your arguments… which gender are you ? (ps. If your being a carrot, then is cool, is perfectly acceptable).
Your one month of posting history is very telling.
2 weeks ago & you posted:
“..Well, if I do get something I will have more money than I have now. If I don't get anything I will have the same money that I have now. I am not going to stress about it. To be honest if I end up not getting what has been promised it will be the lies than will irritate me more than not having the money. Either way Amit will not cause me to kick my dog, although it might be sufficient reason for me to kick next doors mangy cat..”
And yet now today you have totally changed your tune :
(1) & are not interested in getting an independent office to cast an eye over any possible lies
(2) & that you are now totally stressed out.. ?!
It ain’t too surprising then bud, that you will very likely again need a new posting history.
Steelbru., the CTAG web-site & its word-salads from 1st June then suggests that both deals had been completed.
Out-with full amount, the reported deposit on 30th March of the quoted $50M licensing payment, still meets the remit of the SFO figures that are looked for. The Director of SFO should hopefully be able to resolve.
“..jolly well done..” will only come from a resolution being obtained that then stops this nonsense which has cost people dearly & reportedly, even one fatality.
Thanks Antha, I’m hoping the Director of the Serious Fraud Office can give a quick resolution on possible fraud involving Amit Ben Haim’s company Cloudtag, with imv its high probability that it falls within the scope of the SFO’s statutory remit, inclusive of ‘..likely involving large sums of money in the tens of millions of pounds or higher..’.
With CTAG having deposited $275M obtained from company assets, then we should fall within the statutory remit & so any final long awaited resolution would be most welcome.
Whether or not the submitted report actually meets the statutory remit of the SFO it does at least get the ball rolling, in several new directions. And also there is nothing to stop any sincere investors from again picking up & refining the request for fraud investigation, say perhaps after the 23rd or 25th or 28th or 30th CTAG iteration of “..IF..”
One is grateful for the multitude of investors who post almost everyday of ‘its a fraud’ & then naively contradict that with ‘i can’t be bothered reporting it’. The positive obtained from such strange repetitive behaviour is that they do create viewing figures.
Those viewing figures then promote the thread in any external internet searches, be it google for eg. AMIT BEN-HAIM, or even say, perhaps for elder brother SHLOMO BEN-HAIM (& all that unfortunate brother’s ongoing business concerns) which then, courtesy of a multitude of viewings by those ‘I can’t be bothered’s’ then ends up highlighting those names in any www.searches, tied in with the UK’s SERIOUS FRAUD OFFICE. The 2nd prong then hopefully promotes SHLOMO BEN-HAIM to take some elder brother responsibility for younger sibling’s irresponsible behaviour. Any resolution is being aimed at to put a stop to this nonsense.
The final prong in the trident, for future use, that if all else fails, it is simply that it is of course a pretty good story : irresponsible CEO with previous working links to the FCA commits $275M fraud. A story that perhaps has value, eg. after the Post Office scandal & their close working relationship with UK.gov has finally blown over.
Recently raised a report with the Serious Fraud Office under its filing for :
‘ I want to provide information about a case of serious or complex fraud, bribery or corruption (affecting several victims/harming the wider public/impacting on the UK as an international financial centre, and/or likely involving large sums of money in the tens of millions of pounds or higher)’
I have reported that Amit Ben Halim has used the UK financial market to enable placings amounting to almost £9M to finance Cloudtag. That this company was then voluntary withdrawn from the London listing. And that subsequently, this companies assets were then sold for $275M which is being held in an escrow facility. That the company then has misled shareholders over 22 subsequent company posts of transaction problems. One victim allegedly having taken his life & so attached the link & screenshots to London South East CTAG bb with relevant timimgs, forwarded to the SFO.
I have no knowledge of any alleged further placings that might have contributed to this complex fraud, so this was not entered. Perhaps others may have information?
There then exists the possibility that the UK shareholders of a previously listed company are being defrauded of $275M.
Personally I believe Amit is a sick man which was referred to in report, but that belief does not preclude that the $275M possibility, no matter how far-fetched or remote, does exist, until at least an assessment of Amit Ben Halim is carried out.
This report then gets sent to the Director of the Serious Fraud Office for assessment.
I do believe that Amit should be held liable for his irresponsible actions towards the UK shareholders. And that the oft quoted ‘$275M held in escrow’ then meets the SFO requirement for ‘tens of millions of pounds or higher’.
Fingers crossed that there is then a resolution arriving that puts an end to this sorry saga.