Member Info for Inthetin

Not sure about trying to blame Sir Kier.

Hi gizmo555

I do understand what you're saying.

Off that one for now. Why do you think that Cyan never gets any coverage in the UK? It hasn't been mentioned in Investor's Chronicle/Shares Magazine etc for a decade or more and never even gets a single line in any newspapers.

HI gizmo555

We're not going to agree on this one.

I'll keep alerting the AIM Reg Team to anything that I think appears odd. It's then up to them what they do with that information.

If the 6.5M order is to be taken at face value, that 'global partner' will have carried out its own DD and were happy with what they saw. They didn't place that order saying that it was dependent on Cyan having another fundraise or insisting that they form a partnership with X, Y or Z (as far as I am aware).

The market could have reacted differently, but the initial SP rise after the 6.5M news landed was forcefully snuffed out and that was the end of that.

Really looking forward to hearing what JC says next.

GL

ITT

Hi tonyj

As you know, IMO, Cyan shares should have been suspended months ago, when it became obvious that the SP was behaving abnormally.

I have supplied the AIM regulators with various items of information and asked them to look at Cyan share trades for the last 5 months or so. I did receive a reply and was able to supply them with further information.

One way or another, JC needs to be flushed out. He needs to explain to shareholders what his strategy is (if he actually knows) and also explain WTF is going on with the fixed SP (he will know the answer to that one).

Shareholders need to bare their teeth now or this could be all over in a flash, with the company's assets being stolen (given away), leaving you holding worthless Cyan shares.

FFS, wake up.

Probably due to the market assuming that the 6.5M is yet another loss leader.

Is Bob's little audio performance going to help us finish the week out of the 7p's? I'll guess 'no'.

You are all giving it some today - fair play.

Have a fun weekend.

GL

ITT

Hi tonyj

It's too late on that front.

I could write to SH as well, but, if they thought something needed saying, they would have instructed the company to deal with it already.

Cheers

ITT

👍

You too.

Hi gizmo555

Couldn't bear to spend more than 5 seconds on their ridiculous website with its 'aspirational' classic cars. All fine and dandy if you want to drive around looking like a complete knob.

Sticking with my belief that the SP is fixed artificially at 8p and that it will be until the dirty deed is done.

GL

ITT

Hi gizmo555

Are you implying that the SP is being fixed at 8p to protect Cyan shareholders?

Hi Vas

I don't mean to be rude but that's totally irrelevant.

JC is a wealthy man and has had millions out of Cyan already, as has HP.

DJP is so wealthy, his 'investment' here is like me putting £100 on 3:30pm at Doncaster. His brief interest in Cyan has moved on to his next holiday/golf resort creation. That's why JC & HP have felt able to crank up their own remuneration - they know the boss's eye is off the ball.

The annoying 'skin in the game' statement that is constantly trotted out re the BoD is meaningless drivel.

IMO, we have been behaving like an IntelliSmart owned company for ages. I do hope that the UK shareholders and UK taxpayers (R&D tax credits) haven't been taken for a ride and been financing of GoI company inadvertently.

This has turned into a massive JC ego trip. If he can leave the scene thinking that a product that he has partly helped to developed is actually being used in India, that's job done.

Hi tonyj

No, my belief is that the SP is being fixed at 8p and that, after it has been there for a period of 6 months or so, the BoD will present an offer to shareholders. The offer will be derisory, with the BoD saying that the offer is XX% more than the average SP for the last 6 months and should be accepted, even though the average is based on the fixed price.

Let's see what happens.

Are our brokers (Zeus and Panmure) capable of calculating their version of Cyan's intrinsic value and publishing it?

I didn't think so.

The SP is 8p and it'll be fixed there until it isn't.

47.45p (a 500% increase).

That's OK then. Don't know what I was worrying about.

It's about time people were discussing this issue. It's been going on for ages (TOO LONG) yet people, for whatever reason, have been determined to ignore it.

The general duties of directors are:

* to act within powers in accordance with the company’s constitution and to use those powers only for the purposes for which they were conferred.

* TO PROMOTE THE SUCCESS OF THE COMPANY FOR THE BENEFIT OF ITS MEMBERS.

* to exercise independent judgement.

* to exercise reasonable care, skill and diligence.

* to avoid conflicts of interest.

* not to accept benefits from third parties.

* TO DECLARE AN INTEREST IN A PROPOSED TRANSACTION OR ARRANGEMENT.

I hope that our BoD are complying with the above duties 100% of the time.

Hi Roddy1981

Do you think that the SP has a firm 8p SP lid on it?

ITT

Hi Traderz100

Thanks for acknowledging that there could be an issue that needs addressing.

I'm going to write to the AIM Regulation Team to alert them. Even if there's nothing that they can do, I want my concern on record.

IMO, this isn't about a disposal, it's about an SP being fixed/managed.

If the government wants to breath some life into the London stock market and get more people investing, practices like this (i.e. price fixing) need to be banned first.

Hi tonyj

I understand everything that you are saying but what is the significance of an 8p SP and £24M market cap? It is fixed there (and has been for 5 months), regardless of news. In your opinion, who is fixing it and what is their motivation?

8p?

I love the way you lot conveniently refuse to address the Cyan 8p SP limit phenomenon.