Member Info for HeadInTheSand

Have you checked his alleged previous successes? Sure, he rode on his much smarter brother's coat tails on one sizeable deal (side note: I'm aware that Schlomo seems to be facing his own set of investigations into the nature of his corporate machinations) - but what other evidenced successes led by Amit have there actually been? SB Finance? Hardly...

And when it comes to Cloudtag, all those ten grand chunks hustled from individuals add up to several millions. That's a tidy sum for someone with the apparent talents and credibility of a 2 bit scam artist to go after...

Being kind? Hmm...

Being unkind? Hmm again...

Here's a third possibility (and a far more likely one in my view). Being realistic and purely evidence-based, he's an utterly inept and increasingly desperate conman.

Which is a complete contradiction of the update of just a week ago.

Amit's not acknowledged anything. Instead he's desperately trying to gaslight PIs into thinking THEY'VE got confused by "the nuances of this timeline". Bzzzzt! Wrong... the only party confusedl here is Amit, because he can't keep all his lies squared with each other.

Although another utter BS update with zero clarity and zero progress comes as zero surprise...

What is mildly surprising is that I find myself agreeing with RedRoger (quite possibly for the first time ever).

He's quite right. Amit has completely and very obviously directly contradicted himself in the space of a week. Mind you, that goes with the turf - that's the biggest problem for compulsive liars. It becomes increasingly difficult to remember the content of all the porkies one's spewed out to date to make sure that newer blatant falsehoods square up next to them.

At least Pinocchio Ben-Haim has given up on his "If you don't stop being nasty about me, I'm gonna withhold your (non-existent) funds!" petulant nonsense. A bit of a shame really, because that was so ludicrous as to be genuinely amusing.

Ocelot's endlessly attempted (and invariably failing) pumping of AIM micro-drillers predates AI.

He/she has been at it for a decade - with a total lack of success. The "you don't have to be clever" money is on he/she being a PR underling that's paid peanuts per post. Anybody with an IQ bigger than their shoesize pretty much immediately works out that there is literally zero value in paying the slightest attention to anything he/she posts.

Companies only tend to be considered as takeover targets when their evidenced assets outweigh their already incurred liabilities...

Has your 2nd three month ban just expired, then?

"The naysayers are really clutching at straws"...

Not really. Anyone less than positive about Cloudtag and Amit continues - currently at least - to remain completely correct. That opinion will only be proven inaccurate, if PIs finally get their hands on the interminably long- and interminably often-promised share-out of funds.

And as literally any genuine Cloudtag PI will already know for sure, we've all been here many times before. Amit's word to date has proven to have zero bankability.

So as ever, it's back to the Jerry Maguire philosophy... "Show me the money".

In fact, don't just show it. Hand it over as promised.

Fair point, Hoosier. They do have a healthcare section on their website, though it's reasonably well buried.

Well, that's an odd one, isn't it?

Nothing to do with Johnson & Johnson at all. Instead it's (allegedly) a company that's got no involvement (currently at least) in medtech.

Johnson Controls is all about Air Conditioning, Refrigeration, HVAC, Fire Protection & Security Solutions... one does wonder how likely it is that they'd suddenly want to get involved in health? I guess we'll see...

And of course, there is literally nothing in "the provisions set out under clauses 62 to 68 of the Company’s Bylaws" that gives Amit or CTAG any rights whatsoever to to withhold alleged funds that shareholders are legitimately entitled to, solely because Amit may be a bit upset that said shareholders are stating the deeply unpleasant truth about him and his nefarious activities with regard to Cloudtag.

Hopefully this should come as no surprise - it is just another utterly blatant and oh so easily disprovable porky pie attempting to take some heat off him (good luck with that), but hey, feel free to check yourselves. Here's a link to the Cloudtag by-laws:-

https://cloudtag.com/wp-content/uploads/2024/02/Cloudtag-By-Laws0001-compressed.pdf

Honestly, it seems totally clear that this pocket-picking charlatan is literally incapable of ever uttering one word of truth.

Oh this is as priceless as it is shameless.

Another delay in the alleged Daap announcement.

Another agent (New York this time, not Chicago) is going to notify shareholders in 10 days' time.

No mention of the alleged licensing deal, nor the alleged new board appointment.

Same old, same old... EXCEPT (and this is my absolute favourite part) anyone defaming Amit or his family is going to get their alleged payout "withheld"... "until the matter is resolved".

Oh that's brilliant. It does raise a few teensy questions though.

1. You can't defame anyone by stating facts - and the facts are that Amit has lied numerous times. FFS just read through all the updates that never happened, if you want that evidenced. Or have a thought for the ever-closing and then re-opening book, open and shut more times than the front doors of your local Sainsburys superstore.

2. On what legal basis could any shareholder's funds be "withheld"?

3. And how would "the matter be resolved"? What would Amit want? An "I'm sorry" Easter card?

4. And as has already been pointed out, most shareholders hold via brokers like HL - so how is Amit possibly going to identify those who he claims have been defaming him?

5. Has anyone ever seen the CEO of any serious company ever state anything like "Unless you stop being nasty about me, I'm not paying you what you're entirely legitimately owed"???

Come on - this is utterly farcical. In fact, this is the most ludicrous and laughable update that Amit Ben Pinocchio has ever penned - and, given all his other lies, that's a particularly high bar to have cleared. Well done, Amit, you total pocket-picking buffoon.

And as for "an addition to the board of directors has now commenced"...

What in the world is that meant to signify? Someone gets appointed to a board and gets announced as doing so. So what on earth is Amit burbling on about now?

Is he honestly issuing an update saying that (allegedly) the process of finding a new director has commenced - if so, what's the point? And as Spikey points out, why does a company that's been sitting idle and doing nothing for years need another director?

The Hugh Risebrow appointment total porky pie of a few years back does inevitably spring to mind.

Maybe something like:-

"Further to the Company’s announcement on 8th April 2025, we are pleased to confirm that, as part of the handover process, Elvis Presley, Lord Lucan and Shergar have been appointed to the Cloudtag board.

The handover itself has now largely concluded, in that all PI funds invested so far have been successfully trousered by Amit, though he still seeks to fleece a few more shekels out of the crushingly naive.

Updates to the Company website will be randomly made on an ongoing basis, to regurgitate the same old schtick for the umpteenth time.

The Company remains bound by strict non-disclosure agreements (also known as "pleading the 5th").

All updates and misinformation will be published exclusively at www.cloudtag.com."

Of course it's "not a bad update" (for a given value of "bad"), if it's "sincere with a firm commitment". However...

I'm really not at all sure that it would be "smart" to pay any attention or ascribe any value to this latest update, given that all the other updates featuring "firm commitments" have invariably turned out to be a combined pack of utter lies.

"Smart"? Fool me once, shame on you. Fool me twice, shame on me. But fool me over thirty times and with the same repeated load of old BS? I'd say, don't go applying to join MENSA any time soon.

Add DavidGreece and Brokerman/Gold Bullion to that worst culprits list. Not Liam N though, he was just a crushingly naive (and thus very useful) idiot.

Seemingly, Schlomo isn't exactly whiter than white either - though sure, he seems to have scraped together a great deal more than his brother.

Amit's little helpers busily doing their best to avoid answering the question, I see.

How utterly unsurprising. However, let's pose it one more time.

Pray tell, how do 119 million more shares get issued and sold after Amit's announced publicly that the book has closed at 999 million shares in issue?

Steelbru thanks. I'd forgotten (or rather, not bothered paying the slightest attention to) the multiple Pinocchio updates from Hans Christian Ben-Haim.

You're quite right. Here's what Amit categorically stated via update on Sept 7th 2023:

"The Company confirms its book closure. The final number of shares in issue is 999,895,500."

So, another total porky pie then. A further 119 million shares issued and flogged (or given away) since Amit assured one and all that the book was firmly and forever closed. A leopard clearly doesn't change its spots...

My point still remains though... zero divided by any number is still unrelentingly zero.

Indeed. Despite the howling from Amit's little helpers, that closed book seems not to have been closed at all.

Amusingly, according to the Cloudtag website itself, there were 942,586,567 shares in issue on the 8th Sept 2020. And today it states that there are 1,118,856,234 shares in issue.

So Amit's managed to issue and flog a further176.3 million shares since everyone thought (and his fanclub assured) the book was closed.

That's an extra 18.7%. Mind you, no need to worry about dilution - zero divided by any number at all is still zero.

It's just yet another "The cheque's in the post... honest!" I can't be bothered to count how many times Amit's attempted to run the exact self-same schtick by now - it shows a distinct lack of imagination.

As to Beretta and his "shock" at the provision of "far more info"... I would quietly point out that Amit over the last year or so has:-

A) specifically named a Chicago bank allegedly holding funds for the licence part of the supposed deal (something he rapidly deleted, when realised that people were contacting the bank, only to find out that they'd never heard of any such thing)

B) specifically assured that the supposed deals would be announced at a named high profile medical conference (they of course were not)

I'd say that those two instantly recallable porky pies (out of so many) were very definitely specific and detail-rich... and yet still turned out to be the usual steaming piles of utter BS.