For John:
"These flow results are all from vertical wells - production rates in long horizontal wells are typically 6-12x higher than vertical well tests."
https://nextinvestors.com/articles/88e-did-it-a-flow-rate-of-oil-to-surface-and-theres-one-more-result-to-come/
There are perhaps some legitimate reasons for the discrepancies. Since Cloudtag was delisted, some brokerages have gone into administration and cease to exist. For example, this happened to SVS Securities; ITI Capital took over the accounts during the on-going FSCS investigation, but shareholders were given no share certificates, only an indication of the CTAG holding on a statement. I don't know how CTAG would have been able to keep track of this.
Don't know if anyone remembers me. My broker went under (SVS), and my 88E shares are still in the process of being transferred to a new broker, so I can't sell even if I wanted to :( Although, maybe it will turn out to be a good thing? Great to see the renewed interest here. Good luck, everybody!
Hi there, is anyone else in the same position as me? My 88e shares are with SVS Securities who have gone into administration. Just wondering what I should do. I know there is an 8 week investigation, then presumably, there will be some options. Another trading company takes over the existing clients & portfolios or I can get share certificates. Or I will have to apply for compensation under the 85k rule, but then I would get back what I paid for the shares or what they were worth going into administration, or what they are worth at time of application. Anyone with more experience in this, please chime in. Thank you in advance.
How long Tosh? I'm hearing April, May at the latest.
The pure fact that Amit did a pre-ipo is proof that something is happening here. By doing that, if it was a scam, he would be opening himself up to legal action, whether the company be Cayman listed or not. I believe a deal is being worked on, and so do many others.
"A substantial number of existing investors will sell up at the first opportunity regardless of news flow."
When we relist, I agree this will happen, but it could be a mistake. Our JV partner could buy a lot of shares on the cheap, before they make a takeover offer.
Exactly Brombarb, calling me a "new" poster is ridiculous, but that's what it looks like. I've posted here a few times over the years, and obviously on many other AIM companies. The following is a joke, so please don't get upset, but it'll prove to those who "know" that I've been psoting on LSE a long time - I hope DW doesen't turn out to be another Todd Kozel!!!
Brombarb, btw, I know you're big on checking people's past posting histories, but bear in mind it may not be representative. I just looked at my own, and now there are only 2 pages of posts, when I have posted on and off for years. Never checked before and don't know what's happened to them.
Brombarb, yes, CTAG very painful - still! Please don't talk about it :)
I meant 10 bagger from current sp, but I'm happy to be proved wildly wrong. Been let down by a lot of AIM companies. I still think 88E is different, but I'm not as confident as I was, and I think many are in the same boat.
I've been invested for yonks, and just becoming more and more disillusioned here. I can see both sides though. On the one hand, it looks like DW has spread us too thin over multiple projects; keeps buying more land without proving for sure just one thing up; buys Yukon which has no bearing on our current acreage; made the wrong decision about H vs V drill; done a project with the likes of RMP, which totally decreases our credibility (makes us look just like the flea-ridden AIM companies we all know and hate); all of this making us less and less likely to be bought out lock and stock, but maybe that was always a pipe dream.
However, by having so many opportunities, he has increased our chance of success in something, but it means the sp will never reach the dizzying heights; we may have to settle for just a 10 bagger from here, rather than a 100 bagger. My average is 2.75p, so less bags for me :(
Please ask him the tough questions at the meeting (I live overseas). Make him realise it's starting to look like the disgusting lifestyle companies we detest. Thank you.
HITS brings nothing to this BB; it just argues for the sake of it. Please recommend my post to see how many agree.
I know people are tired of these links that never materialize, but this makes sense and looks good. Unless, they've literally given 'it' away; there must be some sort of deal at some point.
1. Amgen is presenting (informally at the moment) the Cloudtag Onitor Track and platform internationally. 2. Amgen has been recruiting systems' development engineers. 3. Cloudtag has been letting go its own systems' development team. 2 + 2 = 100? I don't know, but looks good to me. Do I need to spell it out?!
Seems like Amgen are doing more than just a trial with us. This is not over ...
Why is this Tim guy such a blabber and can't keep his mouth shut?! Correct me if I'm wrong, please, but didn't he do the same thing last time, which is why Aberdeenman left the group sharpish?
I don't know why some of you think all the big pharma, health insurance companies, national health services, and private clinics, etc., around the world are all going to choose just a couple of the same devices. In reality, there will be numerous devices, some made in house by the bigger institutions, some taken over and incorporated into their own platform, and some through partnerships. It is a huge market place, and there's no reason why CTAG can't snag a small slice. A small part of the action would still be a huge payday. Also, these devices are not going to be gadgets that can measure all and sundry to varying degrees of accuracy; they will be simple at first, and measure a few things to a very high degree of acuracy - medical grade. I think we're on the right path. You all need to stop dealing in absolutes. CTAG's products do not have to be perfect, nor do we have to dominate the world to be successful.