Member Info for Inthetin

Can't you read?

It's Axia Investments Limited (i.e. not AXA).

Good one!

Hi LTI (or anyone else)

Is this our new investor?

https://find-and-update.company-information.service.gov.uk/company/04881260

If not, could you point me in the direction of the real Axia Investments Limited, please?

Cheers

ITT

Hi tonyj

Sorry, I was typing as you were posting.

The AIM Regulation Team have plenty to go on. I have provided them with plenty of data, including information I have not shared on here.

Who the eff are Axia Investments Ltd and what do they do? Have they even got £3M?

It appears to me that JC & HP are really scraping the bottom of the barrel.

ITT

Hi gizmo555

Who the eff are Axia Investments Limited?

Are they the same Axia Investments Limited who file their 2021 accounts as their 2023 accounts with Companies House?

https://find-and-update.company-information.service.gov.uk/company/04881260/filing-history

Looking forward to seeing the actual 2023 accounts filed and whether their Shareholders Deficit has reduced.

You'd have thought that JC, HP and others might have insisted on them getting their house in order.

Don't tell me, that's not THE Axia Investments Limited.

Where's tonyj tonight - lying down in a dark room somewhere.

Beyond grubby. I really don't know what to say.

All those buys today before the news came out - it's unbelievable.

Hi Ruprecht

With due respect, you obviously haven't been watching closely enough.

GL with your investment(s).

ITT

IMO, we're still very much in the fixed price range (i.e. 7.5p to 8.5p).

Nice to see a bit of blue all the same.

Hi tonyj

I think that mistake you make is to think that the major shareholders (including BoD) and us are on the same side.

There's a time when they need you/me (by that I mean your/my cash) and there's another time when they want rid of you/me. We have reached that time and it's probably going to get very messy and disappointing for PIs from here.

GL all the same.

ITT

Coincidentally, I was trying a dummy buy at that time.

I regularly try dummy buys & dummy sells to get a feel for the current state of play.

One day you can sell 'X', the next day you can sell 100 x 'X'. That sort of stuff interests me.

If you've got something positive to say, say it.

I don't believe that my posts are 'ramblings' but I wouldn't, would I. If you think that they are, filter me - it's easy.

GL

ITT

BTW, I didn't say that the 7.52p trades on Friday were 'my' buys, all I said was that they were buys.

Hi Roddy1981

The thing is, situations change. When the 'negotiations' (if that is what they are) with IntelliSmart are completed, you'd imagine that the SP will no longer be fixed in the range between 7.5p and 8.5p and will either drop or rise.

The longer it goes on, the closer we are getting to the end of the 'negotiations', at which point the action might commence.

GL

ITT

Just under an hour and a quarter to go until close of play.

There's a chance that a 100% gain could come a lot quicker than the 50% decline took.

GL

ITT

Those 7.52p transactions are in fact 'buys'.

I wonder if it's time to have a punt. Something has to give soon.

Hi gizmo555

Not sure what the last bit means but as far as 14% & 26% are concerned, they are based on 5% of the 250M smart meter rollout to date.

95% still to go and I'm anticipating Cyan's win rate to shrink as time goes by.

GL

ITT

Reads to me like Genus's R&D team have developed their own RF based communication module, a gateway for RF communication and a network management software - had a good 'look' at Cyan's and improved it.

Used Cyan on Bihar as a one-off to bang out that project quickly.

Hi Vas

Thanks.

IMO, if Genus is using Cyan's technology but calling it its own and the market was aware of that fact, I doubt very much that Cyan's SP would be fixed at 8p.

The rules say: 'An AIM company must issue notification without delay of any new developments which are not public knowledge which, if made public, would be likely to lead to a significant movement in the price of its AIM securities.'

Of course, I'm assuming that Cyan would have insisted on being paid for Genus using their technology, but with this lot that's not necessarily the case.

GL

ITT

Hi Vas

Thanks.

Has that been posted on here before?

ITT

I love the way that 8p is being spun as a positive (i.e. that you can't have a fundraise at this level).

Not having a fundraise pushes Cyan in another direction - the cash has to come from somewhere if you're losing money.

Overdraft? Loan? Sale of assets?

Out of those three, only the sale of assets works.

Keep SP at 8p and the shareholders will be 'happy' to accept anything that they're offered.

Between April 2024 and today (28/08/24), CYAN has issued the following RNSs:

15/04/24 - https://www.londonstockexchange.com/news-article/CYAN/order-for-a-new-deployment-in-india/16422107

22/05/24 - https://www.londonstockexchange.com/news-article/CYAN/empanelment-of-cyan-india-subsidiary-as-an-amisp/16481701

27/06/24 - https://www.londonstockexchange.com/news-article/CYAN/empanelment-of-digismart-for-cellular-deployments/16539380

17/07/24 - https://www.londonstockexchange.com/news-article/CYAN/indian-subsidiary-achieves-key-milestones/16571577

01/08/24 - https://www.londonstockexchange.com/news-article/CYAN/statement-re-media-speculation/16598785

28/08/24 - https://www.londonstockexchange.com/news-article/CYAN/major-new-contract-for-6-5m-omnimesh-modules/16637206

I believe that if the SP was left to do its thing (i.e. it wasn't being artificially suppressed), it would be substantially higher than 8p and a fundraise would be an option and the sale of assets would not be 'required'.

I hope that the BoD always keep their general duties in mind:

* Act within powers

* Promote the success of the company

* Exercise independent judgment

* Exercise reasonable care, skill and diligence

* Avoid conflicts of interest (a conflict situation)

* Not accept benefits from third parties

* Declare interests in proposed or existing transactions or arrangements with the company

GL

ITT