Member Info for Inthetin

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.

No new contracts in the last six months . Who is to blame for that?

Let's forget the £157M (that was £180M) old orders (you can't keep wheeling them out - they'll either convert into cash or they won't), have you made any sales in the last six months?

If not, why not?

You need the holders of another 17.5M shares.

Perhaps Trezise with his newly acquired 18M shares will support you or perhaps his role has already been decided.

Shouldn't JC be borrowing more by now to fill the gap of the missing revenue or are we going back to dilution?

27 people employed in (non) sales & admin. TWENTY SEVEN.

The CyanConnode Group hasn't made a sale in 6 months.

Not only are they not selling in India, they have not made a single sale anywhere in the world. WTF is going on?

Can't wait for the upcoming Q&A session. Here's one for starters:

WTF do Rahul Das (President Global Sales) and Shriprakash Tyagi (Senior VP Sales & Operations) do all day?

Thinking about it, we don't need a Q&A session to get to the bottom of that one because we know the answer already - it's eff all.

Oooops sorry:

That was supposed to read:

....they're pratting about in the Cambridge office.

Perhaps JC & HP need to make sure that their costumes are ironed and ready. You know that they like to give the impression that they are out there to sign a mega deal when, in fact, they're in their pratting about in the Cambridge office.

Hi LTI

If I thought that you held any shares, I'd suggest that you tried a dummy sale.

In fact, they'll take 1500 shares now (a tad under £100).

Well done you.

My guess is that the revenue in the 3rd quarter is disastrous. Probably never get to know.

IMO, JC's & LF's (head of investor relations and strategic growth) Q/E Trading Update is guaranteed to be a shocker (if they can face providing one), which is why you find yourselves locked-in.

£65 worth is the max you can sell.

'Enjoy' the ride.

Cyan aren't supposed to be doing what they do on a pro bono basis though.

Hi harleygreen

Yes, the maximum that you can sell is 1,000 shares (£65).

Hi tonyj

CC isn't worth a fortune, it is worth less than £23M. If it was worth more than £23M, shareholders would be able to sell their shares in bigger tranches than £60, which isn't the case.

In whose interest are the BoD really working?

Whatever he's done, everyone is locked in anyway.

The max you can sell is £60 worth (1,000 shares). There's confidence for you.

Joined The CyanConnode Group on 11/11/2024.

What was he brought in to do?

AI says:

"The share price performance since November 2024 has been concerning.

Significant Decline: The share price has dropped from a 52-week high near 15p to its current price around 6.6p, a decrease of almost 40% over the last year.

Revenue Misses: The company missed its FY 2025 revenue targets due to Indian election-related delays and initial consumer resistance to smart meters, which caused a sharp, immediate share price drop in April 2025.

Ongoing Losses and Debt: CyanConnode remains unprofitable with a high level of net debt, raising concerns about the need for further capital injections to fund its rapid growth."

On the company's website, it says:

"In his role at CyanConnode, Lyndon will serve as a senior adviser, focusing on investor relations and strategic growth." - How is that going?

Exactly!

Someone doesn't fancy waiting to find out.

By mid-February or it's not happening?