Member Info for HeadInTheSand

Just in case this relist doesn't happen...

...or doesn't happen in whatever anyone considers to be an acceptable timeframe...

...could I ask those brave PIs who were inspired to put in even more of their hard-earned cash at the "pre-IPO" buy-in opportunity stage back 3 months ago at the end of August whether they have a full right of refund on such second investment, should CTAG not relist?

...there will be a relist or not.

But keeping an eye out on a very recent flurry of activity looking to desperately stoke the rumour mill, I'd say it's an even money bet that there will indeed be another "pre-IPO" further investment "opportunity" magically appearing and being presented to existing PIs.

"Just a little bit more, folks... we're nearly there... honest!"

Wait and see time... as always.

The answer to that is some... and no that amount did not increase following the (first?) pre-IPO buy-in "opportunity".

It's still amusing how non-zealot opinions are such a cause of frothing hostility...

...there's a pseudo hush hush rumour being pumped round the Twittersphere and the long-suffering CTAG PI closed user groups that CTAG has allegedly agreed a JV with a medical company - and that therefore good things are about to happen, delivering great rewards to investors. This rumour is usually accompanied by insistence that this "news" should be kept quiet and not revealed to any "derampers...

I have three comments on this:-

1) The rumour presumably started with CTAG itself, which has already managed to secure lots of PI investment inn the past on the basis of announcements that were meant to be far more than rumours. On "guaranteed and irrevocable" $5.8m hardware orders... on being about to be ranged by Amazon... on having started mass production... on needing to build a new runway... etc etc yadda yadda. People may judge for themselves how much credibility this latest "rumour" has...

2) I simply don't understand this "Ssssh! Keep it quiet! Don't tell the evil derampers!" nonsense? It calls the whole veracity of this latest "rumour " into further doubt. CTAG isn't tradeable - and hasn't been for over 18 months - so why would anyone want to de-ramp it? What'd be the point?

In fact, since ABH got the last "pre-IPO" fundraising away at the end of August this year, there's also no point ramping this currently untradeable stock either. Unless of course another "pre-IPO" buy-in opportunity is all of a sudden about to be magically and mysteriously presented?

3) I hope my personal cynicism is entirely misplaced and that this latest "rumour" is in fact true (I just won't be holding my breath).

It is of course good that AVN is busily signing up lots of distribution agreements and memoranda of understanding - and in a marked change from the DW regime, in territories where their service has a fighting chance of being taken up.

However, as you note, Longtrek, there's no revenue attached to these announcements (which presumably is why they didn't require an RNS). As any vendor knows, just getting ranged by a distributor - although better than not being ranged - doesn't mean that any sales will actually be concluded.

Guess we'll just have to wait and see whether these announcements are just positive but substance-free puff or actually end up delivering some desperately-needed revenues.

Trombone, I'm quite sure that pre-IPO investors were told what they'd get for sticking in yet more of their hard-earned (well, I'd bloody well hope so). But that wasn't really my point.

Back in the days - long, long ago, when CTAG was listed and tradeable - PIs put in their cash on a number of bases, thinking they were investing in a company with for example $5.8 million of irrevocable purchase orders, or a company about to be ranged by Amazon, or a company that was going to invest in a new runway next to its factory to fly production into the West etc etc...

None of this turned out to be reality, as we all know now. Therefore with respect, I'd say again, any PI who's put in even more cash at this "pre IPO" stage has the slightest clue as to the nature or value of the company they're investing (again) in - or even if the company will actually end up being listed on some exchange somewhere, sometime...

7 and a half working days left in November...

PS if CTAG fails to relist say by end December, do investors who did put in more cash at this "pre IPO stage" three months ago (and counting) have a full right of refund on this new investment? My guess would be no.

As ever, I hope I am 100% plain wrong and am left eating huge slices of humble pie, which I will gladly do. It's just that every instinct I have ever had tells me that I'm just not going to have to...

"Emerging"...

Interesting word from someone who's been repeatedly telling us that AVN was within days of being a guaranteed multi-bagger for the last three years or more.

Apparently, they're now just starting to emerge... you couldn't make it up.

"too big to fail"

You're clearly a generation older than me, Brad. My involvement with PCs started in the mid to late 80s with a legendary British manufacturer. First PC I ever sold had 512kb of RAM and a 10MB (yes, megabytes) hard drive. Sold hundreds of thousands of those.

Met Bill Gates (who's not in the least impressive as an individual and deffo somewhere on the spectrum). Very quet and shy and the only think he squeaked was that there's no way a PC would EVER need more than 640Kb (yes, kilobytes) of system memory/RAM...

Later on (early 2000s) was drinking in a Seattle bar with Microsoft's project lead at the time on Windows, who 100% confirmed in a moment of drunken candour my deep suspicions that the thing to do was to ignore every other release of Windows entirely - so 3.1 was okay, 95 was bad, 98 SE was good, ME was the worst ever, XP was good, etc etc.

This rule continues to apply. Vista was almost as bad as ME, 7 was/is pretty good, 8 was an absolute clusterf**** and 10 is (or at least will be) okay.

The other thing my drunken MS buddy confirmed was that, even with a "good" Windows release, always wait until at least Service Pack 1 is released before adopting.

The reason for this is of course pressure from Wall Street - so Microsoft takes the quite deliberate decision to rush out major O/S releases in the full foreknowledge that they're bug-ridden and utterly not fit for purpose. They then get to use the whole world as bug-testers. Too big to fair... that's their problem.

As for hardware, I'd rather have herpes than own an Acer anything. Utterly appalling company with the worst design and build quality - and customer service - known to man. Tosh used to make the best laptops, but they're slowly disappearing from the hardware scene (like the other Japanese vendors, Fujitsu and Sony). These days, I'd plump for Lenovo Thinkpad variants (but not IdeaPad ones) over HP or Dell when it comes to laptops (but I wouldn't touch a Lenovo desktop).

Having spent my entire career in IT and having dealt with all the major vendors, my first piece of advice would have been... never buy Acer.

10 working days left in November... just sayin'.

"Shrewd" is an interesting choice of words to describe ABH. After the complete debacle that has been CTAG's history, managing to persuade some long locked-in and long-suffering PIs to stump up even more of their hard-earned cash back in August this year (and still after nearly three months, those PIs have absolutely no idea what they've bought. or even if they've bought anything at all)... is "shrewd" the first word that comes to mind?

As it happens, there's a guy I know who works in the building next to mine involved in selling satellite connectivity to sub-Saharan Africa who I bump into and chat with fairly regularly.

The issue isn't with latent demand (which is undoubtedly there to some extent at least - and satellite delivered broadband is the only commercially feasible way to provide supply). Nope, it's with available disposable income. In general, inhabitants of less developed nations tend to have higher priorities on which to spend their hard-earned shekels.

AVN would at this stage be better off chasing bandwidth supply to those in Africa who do have the available budget to purchase it - namely government, military and corporate.

Any changes to the AVN BoD that involve getting rid of anyone who was there consensually drawing a fat salary under the profligate and demonstrably completely value-destroying DW regime can only be seen as a good thing, IMV.

Having said that, although I continue to have some sympathy for those now finding themselves at the helm of this particular micro-Titanic, I still am of the mind that all fundamentals clearly show that it's way too little and way too late. IMO, the ship hit the iceberg and was massively holed many many months ago - and I'm hugely doubtful that it can survive, no matter how good the current BoD may be or become.

"Erm those who believe in the company..."

...who must then either be

A. Brilliantly astute with razor-sharp perceptiveness, or

B. Tragically gullible with zero ability for critical analysis

Decide for yourselves which applies and which to delete.

Time's ticking by, we're already halfway through November and - apart from a smattering of alleged email promises - there's not much sign of anything actually happening...

Brad, I actually give no credence to that view at all, which again makes the oft-trotted out myth of the Evil Global Shorting Conspiracy (tm) even more ludicrous.

However, I am aware that there are many who do believe that BB drivel can affect an SP - and there's a chunk of those who believe they can use this to their advantage.

You're probably right that I should ignore (with a small "i") the poster you mention - I've never been able to suffer fools gladly. It's probably an Achilles heel of mine.

GCCRa, given that all the opinions you've ever expressed on this share ("Best buy ever! Incredible multi-bag opportunity!") have been categorically proven to be completely and utterly wrong, for those of us with an IQ greater than our shoesize, this actually calls into question the honesty of just one person - namely, yourself.

You have been so totally, continually and factually demonstrably wrong over such a prolonged period that you must be either:-

A) a wannabe in and out day trader, looking to cause minispikes to sell into and out of, rinse and repeat and thus pick the pocket of the unwary

or

B) one of the most hopelessly misguided and ill-informed long-term investors on the whole of AIM - and one who's clearly incapable of understanding ether a balance sheet or a P&L.

It's one of the two, that's for sure.

South Street, don't get too excited too knee-jerkishly. Maybe "etc" is a three letter acronym?

A cynic would say that correlation does not equal causation (except where it's clear that GCCRa's endless inane ramp attempts have been the root cause of the AVN 98%+ price crash, as previously posted).

Those more open-minded might say that there are more things in Heaven and Earth, Horatio, than are dreamt of in your philosophy.

Pick your own potato.

GCCRa, after detailed statistical analysis of posts made on this bulletin board over the last 3+ years, I can conclusively prove who's responsible for driving down the share price... and it's YOU.

Look at the evidence. You've been continually copy n posting utterly irrelevant puff- and spin-filled BS since the SP was in excess of the £2.50 mark...

...and look at the SP now. Case proven - it's your inane and eternal posting of utterly unrealistic inaccuracies that's crashed the share price.

Actually, the only people truly responsible for the inexorable spiralling of the AVN shareprice ever closer to the plughole are the previous (and to a far lesser extent, current) Avanti BoD.

However, for you to grow up, confront reality and finally realise that would mean that you have to face up to the clearly provable fact that your faith in this share over all these months and in the face of a 98%+ devaluation of the SP has been both simply and entirely idiotic....

...so I won't be holding my breath for that particular penny to drop with you.

But hey, carry on with your bizarre conspiracy theories - you'll find that myth easier and far less personally embarrassing to cling on to.

Sadly only 1.72% up today, according to far more reliable figures than are to be found here...