Member Info for Inthetin

Hi LTI

The reason that I am digging in is because your explanation of how an EIS investment works is completely wrong.

You can call it a disagreement, it's not, you are just wrong (deliberate or not).

Hi LTI

It feels like you are deliberately avoiding the point that I am making.

It is not a choice for the average investor. They cannot just choose to make an EIS investment or not, as the shares need to be subscriber shares i.e. new shares/placing shares - call them what you want.

If the average investor does not know when subscriber shares are available, they have no choice and no 30% 'discount'.

Then, you find out via an RNS that Mr A, Mrs B and Miss C have participated in a placing (that you knew nothing about) and that their investments are EIS qualifying - and the BoD have tucked in to boot.

Hi LTI

Thanks.

I understand how an EIS investment works. You claim your 30% tax reducer (based on your investment) in the year that the investment is made. If certain things happen to the company within the three years, HMRC may be able to clawback some or all of the tax saved.

My point is that, to qualify for the 30% tax reducer, the shares that you need to be buying are new subscriber shares, not second hand ones. How does Joe Bloggs get to buy subscriber shares if he doesn't know when they're going to be available, yet the 'privileged' few do.

Not so 'privileged' last time I accept but they're losses are still less (percentage-wise) than the average investor who invested at the same time.

Young Anil has definitely got the gift of the gab but, watching his video presentation, I'm not convinced Scott was actually still there in the end. I think that he'd popped out for a coffee and left Anil to it.

Take a watch to see if you agree.

Hi tonyj

Have you put that suggestion to him?

If so, how was it received?

Hi LTI

Thanks.

Sorry, I don't know what it's like, investor presentations are scarce in my neck of the woods.

In your opinion, is it worth people contacting the company to register their interest in participating in any future EIS qualifying placing or is that not how it works?

Hi MB

Perhaps it's to do with the Placing price needing to appear reasonable i.e. a discount but not a too generous a discount.

Hi LTI

Thanks.

If it's to be a placing, will the new shares be EIS qualifying? I can't remember what the latest state of play is.

Hi LTI

Thanks.

Funding is required.

Did they say what the various options were that are being considered?

How will all shareholders be notified when the opportunity arises? If a placing, will they receive an invitation to take part in the placing or will they only find out that a placing has taken place when they read the RNS telling them so?

Did anyone ask about funding?

Time will tel MrGL but I was always taught never to be greedy.

Out with +50%. Tidy

More jobs being created:-

https://cyanconnode.com/about/careers/

I see finnCap updated their recommendation yesterday (from 11/09/18) from N/A to N/A.

Good work.

Buy @ 7.3p on results day looking OK.

Hi LTI

Dim problem (no problem in Welsh).

SP has held up well today.

All that they needed is an innovative finance arrangement and they could be off and running. An unsecured interest free loan from Stamp or Taffy maybe.

Indeed it is.

Hi LTI

They need cash whether they are starting to deliver orders or not.

What price the Placing and how many shares do you think the company will have post it?

SP nearly back to where it was two weeks ago - tidy.