Member Info for Inthetin

Hi gizmo555

Hope you're right.

As they say, the proof is in the pudding.

Hi gizmo555

All good thanks. I hope that you are too.

I get the model. Just not convinced that Cyan will be able to persuade the 'money' to back them.

Hi jakeandelwood

Thanks for that.

It all makes for a decent distraction, which can't be questioned for 6-9 months.

A red herring?

Hi jakeandelwood

What I don't like is this new SPV business model being spun as if its as simple as shelling peas; that it's just a question of time.

IMO, it will be a lot tougher than that for Cyan to persuade the 'money' to back them.

Time will tell (within 6-9 months we should know more).

I can't see how Cyan could ever be awarded a contract without clear evidence that the project that they have bid for is fully funded.

Infrastructure funds (not banks) would need to provide an assurance that their funds will be backing the bid in the first place.

My guess is that Cyan have realised that they can't make a net profit as a subbie.

The problem with that is, who is going to believe them (infrastructure fund-wise) when they say that they can manage their business as a main contractor better? I'm not sure.

6 to 9 months is no time at all. Us shareholders can expect at least one SPV to be set up and ready to go within the current accounting year to 31/03/2025. Looking forward to that.

Hi tonyj

I'm not saying that the company needs cash to keep going.

I'm saying that the company will need to persuade infrastructure funds to invest in the SPVs to get them off the ground. They can't just rock up to Barclays on Cambridge High Street and ask for a loan.

It is a case of persuading, based on each specific project. There's no guarantee that backers will be found but I hope that they are.

Hi tonyj

We've been told that that Cyan's first SPVs will be set up in FY25 (i.e. by 31/03/2025 - 6 to 9 months JC said). The cash will need to come from someone because we haven't got it.

Sorry to disappoint you but my SIPP money now going into another Cambridge-based tech company.

Enjoy the sunshine.

There are 200 dollar billionaires in India. Surely one of them would be interested in one of JC's SPVs.

Cold call one billionaire per each working day and he'd have spoken to them all by the end of FY25.

And then its on to the poor gals & guys who are only worth 100's of millions of dollars.

Can only sell £4K worth (50K shares) at a time with AJB.

Obviously, no big demand out there.

Or sell now and follow the gal/guy who just sold 200K shares.

What does 'presenting' mean?

Shouldn't he be speaking instead, with the other 17 from other companies?

As main sponsor (costing £5K), I hope they get a return on that investment.

https://web.cvent.com/event/9db0a282-e7c1-4c69-a04b-1aaf44e9db1b/websitePage:0e782788-15dc-4819-80bb-f54232e1b5d7

Obviously, Statler and Waldorf are under instructions not to engage.

https://www.google.com/search?sca_esv=bc8be091688d4f3a&rlz=1C1CHBF_en-GBGB1100GB1100&sxsrf=ADLYWIJ-3y_eujxw_t7Qp1mX8yUARP_jDg:1716999168303&q=two+old+men+on+muppets&udm=2&fbs=AEQNm0Aa4sjWe7Rqy32pFwRj0UkWd8nbOJfsBGGB5IQQO6L3J_86uWOeqwdnV0yaSF-x2jo6Ttnu6iRjjgGjARfLolnBYg2tMdxbJFpG2a0dg6n0NSOUeL_Zp-ANwJjueSBq_UoE1Rqmx1qtxWQlddKd0bEv4-fvXrL1UXtmb7rYJIBkr79X849_zmlFz-2AGdL47Zwhhols&sa=X&sqi=2&ved=2ahUKEwjnjoasoLOGAxWl8QIHHVQRDvMQtKgLegQIERAB&biw=1920&bih=911&dpr=1#vhid=oO9H4PXPl0yEjM&vssid=mosaic

Hi LTI

It looks to me as if NCC Ltd poached ambitious Ratna to help them deliver their orders in Maharashtra, North Bihar and Bangalore.

https://ncclimited.com/announcements-disclosures/2023-24/Newspaper_Publication-01092023.pdf

Try investormeetcompany.com

Hi tonyj

No, I'll watch and expect it to be explained by JC without prompting, as it should have been already.

Hi LTI

I guess that you think that it's perfectly reasonable for the company to keep their shareholders in the dark about the fact that Cyan India's CEO left their employment back in March 2024?

Hi Vas

Thanks for that.

However, I find it very hard to believe that Cyan (market cap of £23m and falling) would qualify as a 'reputed player' and be trusted by banks and NBFCs. Security for the funders would be nigh on non-existent.

Sorry, I'm having another thick attack. Where on the form (page number?) does it confirm that Cyan has access to Banks and Financial Institutions for Project Finance?

Hi Vas

Ratna came across as quite an ambitious type to me. Not a good fit.