Member Info for Funkybeats

Nice find. Previously there would have been an RNS on this subject? Why not today!

Yet we stay the same? Yesterday not as much sold yet we lose 17% of the value. Mms playing some mind games and trying to flush out the weak. I topped up today to average down. Just hope I have made the right call

Someone must be hoovering up these shares at this price. I agree I think this has bottomed out and will test 10p, 12p in coming days

Lot of buys late on yesterday and again today. Order being filled? I expect mr duncan will be buying back his shares at a significant reduced price. Think about it . He sells over 2m shares and takes in nearly £800k then can buy these back at a quarter of that price £200k . Nice little earner eh.

I totally agree with that. I can't even see any potential future placing even at discounted price attracting anything . Think this is now a sitting duck for potential takeover or it will run out of money very quickly unless yer man can bring in some contract wins. Too many fat cats burning cash flow

Why have you not issued a communication advising that you no of no reason why the share price has crashed ???

Massive sells now going through. Wonder if that's someone cutting there losses? Looking to me that this company is on it's ars now and showing no signs of recovery.

12% drop. Tell u something based on those sales that way too much a drop. Great buying opportunity now id say

Do the decent thing and resign with immediate effect. Some may say your communications to the world have been exaggerated in order for you to ensure that your shares were at a high price to then allow you to sell your shares at such a price that it allowed you to buy that house. I have every faith that your next move will be to buy all those shares back at a much lower price like what it's like just now and if that's the case then there must be serious questions asked of your leadership. I now have lost a fortune. How can anyone believe a word that comes out of your mouth again after all this. Shame on you

What's peoples thoughts on how far this will go? Surely it can't go further down. I expect some more directors buys to come in at this level. If there is a large top up from Mr Sella in the coming days then I will be more confident especially the fact he is in at. 20p and looking at half his investment being down already. Surely a top up to average his investment and increase his stake in the company could be good move for him (if he still has belief in his due diligence)

This share is the equivalent of the sequel to the titanic. All that talk about imminent contracts etc and to keep the share price up for the captain to make a hefty profit and buy a house. Any other way of life there would be a full investigation and this guy removed. Absolute farce

Reading through the Interims statement issued by AIM-listed (and now unsuspended after the formal appointment of Arden as the new Nomad) Cloudbuy (CBUY) a statement about the Australian operations caught my eye. The interims were released in mid-September, but refer to difficulties (and likelihood of termination) with the Aussie operations. But we have found evidence which suggests that this may have been well known to the company all the way back in early June. Is this why the former Nomad, Westhouse, resigned? The salient section from the interims comes from the chairman’s statement: In Australia, we continue to work closely with Visa Australia and three leading financial institutions. The first e-marketplace contract in Australia was awarded by NSW Service First in July 2014, in conjunction with Visa. Service First has since been out-sourced and all NSW Service First programs are under review, we have not been informed of the progress or results of the review but are assuming that it is not going ahead given the lack of feedback. This is disappointing since the private purchasing portal had been accepted and paid for and was at the point of going live and generating ongoing revenues when Service First was outsourced. So in other words the Aussie deal appears to be dead, due to the out-sourcing of Service First by New South Wales. This is, of course, the first we had heard of this from Cloudbuy. The problem is that THIS was released by the New South Wales government back on 2 June 2015 – more than three months before Cloudbuy’s interims. It is a press release detailing the change of back-office arrangements by NSW, by outsourcing the Service First functions to Unisys and Infosys. Was it Cloudbuy's tardiness in disclosing this development which persuaded Westhouse Securities to quit as Nomad upon publication of the interims? - See more at: http://*********************/views/15547/cloudbuy-is-this-the-reason-former-nomad-westhouse-quit#sthash.PQMd2taI.dpuf

The concept is perfect . We just have a ****** at the forefront who thought it was right to sell his shares and not buy them back

The captain of this ship has a new house build at the expensive of us PIs. Must be great to get away with issuing communications saying contracts worth millions etc but never disclosing how much it's actually worth to cloudbuy. We know now thou. FCUK ALL. Captain. Your time is almost up

Especially from my Sella to average down his recent price and then I expect Mr Duncan to buy back those shares at a much reduced rate although that technically iwould be immoral

I ain't Lost my full investment :)

Mr Duncan hang your head in shame. Your a disgrace

Background Mr. Roberto M. Sella was a Managing Director and Portfolio Manager at Morgan Stanley Investment Management Inc. He was a member of the fixed income team. Mr. Sella is also a Portfolio Manager at Morgan Stanley Investment Advisors Inc. He joined the firm in November, 1992 and has 18 years of investment experience. Prior to this, he was a Consultant at the Organization for Economic Cooperation and Development in Paris. Previously, Mr. Sella worked as an Assistant Economist What I can't understand is this guy increases his holding to 9% of the company and 8 days before results and resignation of NOMAD. Surely a guy of this calibre ain't going to invest in a car crash company? Could there be tactics being played out by mr duncan to stop pending takeover at such low value. I don't no what's peoples thoughts?

Still no news. Immediately???? MY a.r.s

2 weeks left ? Is that before there struck off AIM? Then what? What happens with everyone's investment and shares?