Member Info for Inthetin

I don't mean to be rude but it's suckers not being able to resist this sucker stock.

It rises by a penny or so after losing 7p and all of a sudden it's taking over the smart meter world.

Can you imagine the mayhem if 'The Incompetents' were put in charge of something substantially larger. It doesn't bear thinking about.

The 100K sales will start soon enough when 'Mr 5%' or 'Mr Tremendously Upbeat about Cyan' start deflating the mini, mini bubble.

Hi tonyj

I'll pop back at the end of the year to see how you've got on.

Good luck and bye.

Hi harleygreen

Based on the information that is available, I honestly don't know who in their right mind would invest.

Well done on getting out.

That's it LTI - all over the detail again now that you're including the $7.5 loan that you weren't even aware of until this evening. It's pathetic.

IMO, this SP is going nowhere. The latest 5% holder has probably been put in place to deflate the SP as and when required. The major shareholders and their cronies all take their turns to sell, if the SP starts getting ahead of itself. If it's not 'Mr Tremendously Upbeat About Cyan', it's P Gough. If it's not P Gough, it's another one or two of the group.

It's obvious, the deal has been done. The SP has been destroyed deliberately by those who created the £34.5M revenue market expectation, knowing that they'd never hit it and what the ramification would be for not.

Nobody doing their job properly would have behaved so carelessly/recklessly.

I find that a staggering admission.

Of the $20.25M, about $6M will be paid to JC, HP & other board members over the term of the loan.

Including the interest that the company has to pay, that $6M (to JC & HP) will actually cost it in the region of $8.7M - $9M.

By the end of FY26, the amount owed will have gown to $21M. That's what happens when you don't pay anything back.

Even at this level, it's costing 'The CyanConnode Group' approximately $120K per month in interest and growing. That's $1.5M per year.

At the end of the five years, Cyan could owe $29M, including $8.5M of accrued interest. It can't afford to repay the interest, let alone the capital.

Well?

Try 'The CyanConnode Group's' Half-year Financial Report:-

Operational Highlights

$15 million raised through two convertible loan notes for $7.5 million each supporting the Group's working capital requirements and ability to pursue further contract tenders

Post-Period Highlights

In November, successfully raised $5.25 million through a convertible loan note, to provide additional capital for use as deposits for AMISP contract tenders.

In my world, that tots up to $20.25M.

Obviously, it's not only JC & HP that can't count.

Are any of the BoD (or anyone connected to them) on Esyasoft's (or any of their subsidiaries) payroll?

They seem to be doing everything in their power to transfer the ownership of Cyan's tech to them at the lowest possible price.

IMO, this $20M+ loan plus accrued interest will never be repaid and there's no desire to.

Oh, you and your long haul.

You make it sound like you're privy to information that others aren't. How could that possibly be?

Why do you spend quite so much time and 'effort' defending the incompetents? £20M out on a £34.5M estimate - unbelievable.

There's a huge amount of BIRGering that goes on here.

'Basking in reflected glory' (BIRG) of others is 'The CyanConnode Group's' forte.

Definition:

Someone who basks in reflected glory, known technically as a BIRGer, is someone who boosts their own self-esteem by associating with the success, fame, or accomplishments of others, even without personal involvement. They often use inclusive language like "we won" to take credit for others' victories.

Sums them up perfectly IMO.

Hi tonyj

FY26 is 10/12 over.

Do you think the total revenue for FY26 will be higher or lower than it was in FY25?

If lower, what would be a reasonable excuse?

Because that's what they do.

They Google 'electric' and 'India' and whatever shows up they post the links to it on here. Not satisfied with losing investors millions of pounds, they want them to waste their time too.

The public should be protected from sucker stocks like this.

The BoD consistently demonstrate their incompetency, carelessness & unprofessionalism and then claim to not understand why the share price is where it is.

The conclusion I've come to is that nobody could really be as awful at their jobs as this lot (can they?) and that there is something else at play.

We will find out the truth eventually.

Re the £180M

£110M relates to contracts you can't make a penny on.

£70M relates to Goa. Who knows if you are going to make any money on this either. History strongly suggests you won't.

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£180M

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The boyos don't care. They are so rich, the bit they've got invested here is peanuts to them. They take their rounds of golf together more seriously.

If JC eventually gets the SP to 9p, Trezise won't mind, that will have made him an easy £0.5M.

IMO, there is something deceitful going on here to the detriment of PIs.

John Cronin quote:

“You can be assured that the board and my senior team are deeply committed to seeing a successful outcome for all of our shareholders and I look forward to speaking with those of you who can attend the AGM in Cambridge next week. I believe that ???? will represent a turning point in the Company's ability to deliver against its order book and demonstrate high levels of growth."

Did I hear you say 2025 or 2026? WRONG

This little beauty is from 2018.

Harry Berry (former NED & COO) was talking about Cyan's $100M order book a decade ago. Eight years on and absolutely nothing has changed.

This is supposed to be a company going for growth.

The only things that are growing are JC's & HP's bank balances and the company's losses. What are we up to now? £78M of losses.

Growth? The company is going backwards. Revenue has decreased substantially from £19M in 2024 to £14M in 2025. The BoD demonstrated leading up to April's debacle that they are incompetent and the two at the top should have been replaced there and then.

Nobody cares about a trading update. Release it whenever you like or don't release it at all - it makes no odds. You have to release finals and interims, so you can only hide the sh*tshow for so long.