Member Info for Inthetin

There's plenty more dilution to come on top of this latest 20% of the company @ 12p.

Not even their paid brokers can predict when the company will have any cash. They're saying that there'll be a £1m cash shortfall as at 31/03/25, and that's after turning over £30M+ in that year.

One way or another, these sellers must know that they're not going be caught with their pants down. Enough said.

Hi tonyj

As they say:

'It's better to be born 'lucky' than rich'.

Even better to be both.

Cyan is a sucker stock and Mr Gough is just treating it as one.

GL

ITT

He'll be stumping up over £1M in this placing, if he hangs around for the 15p warrants.

Here's the missing 'you'.

Www.youtube.com/watch?v=ar1McsRmBOk

Remember, if ain't first, you're last.

I look forward to the day (if it ever arrives) that Cyan proves that it does in fact have a proper business and is not a 'sucker stock', as categorised by www.stockopedia.com.

www.stockopedia.com/share-prices/cyanconnode-holdings-LON:CYAN/

Perhaps 2024/2025 will be the year.

Hi jakeandelwood

Well, sort of.

According to Zeus, we now have a £1m overdraft to look forward to as at 31/03/2025. Really?

ITT

What is the point of today's Zeus's report?

Is it an attempt to convince existing shareholders that they are extremely lucky to have the BoD (and their posh chums) chipping in a few quid to keep the company going?

It's tripe.

Ordinary shareholders will always be excluded - the easy path is only for the posh boys & girls at exactly the right time. Wouldn't want them to risk any of their not hard-earned.

It's a racket and it always will be.

Zeus note out. Yikes.

Hi tonyj

Not sure what your question is or why you are asking me.

I don't think that anyone knows when subbies contracts are going to be announced or the size of them.

Just got to wait it out.

ITT

Sorry, 'buy' not 'by'.

Hi tonyj

Firstly, I think that this is a complete racket and wish I had nothing to do with it. However, I am where I am.

I think that you know how the Warrants work but I'll answer anyway.

The paricipants have the opportunity to by their share of the 27,000,000 (yes 27 million) shares within the next 18 months at 15p per share. Obviously, by May 2025, the SP might be substantially higher than 15p but their opportunity to buy is locked at that price. There's nothing stopping the Warrant user selling their 15p shares immediately at whatever the price is at that time.

Potentially, an extremely profitable perk but, first off, we need to get to 15p.

GL

ITT

It's obviously hard work raising capital ATM.

Subscribers have driven a hard bargain, paying just 7p per share (after the EIS tax reducer) and warrants at 15p exercisable on or before 09/05/2025 (18 months).

It'll be interesting to see if there's any reaction tomorrow.

GL

ITT

Hi tonyj

I don't pretend to know how the tech works but my punt is based on Cyan's tech being fairly integral when it comes to Genus's offering. If that is confirmed, we'll be off. I don't want to think about what might happen if that isn't the case but that's the bet.

GL

ITT

Added a few this morning - just to get my ISA held Cyan holding to a nice round number.

ITT

Hi CB

Genus appear to be doing really well on the winning new business front.

Their managing director (Jitendra Kumar Agarwal) apparently said that:

"Since July 2023, the company has won six orders totaling $2 billion for around 17.2M smart prepaid meters. In addition to this, earlier this month the company received two more Letters of Acceptance (LOAs) worth $415 million for similar services."

I wonder how Cyan's SP would react if it was confirmed that its technology is integral to Genus's offering.

O/T: Were you at The Lane on Monday? What a crazy night.

GL

ITT

Hi LTI

Thanks.

However, we have been here before with Deloitte (Nov'2017) - not in India but with one of these award things. Hope GT/IN's system for ranking Cyan so highly stands up to a bit more scrutiny.

GL

ITT

Just finished reading Rebooting India by Nandan Nilekani (Co-Founder & Chairman of Infosys) after tightfist recommended it on the other BB. Really enjoyed it.

https://www.amazon.co.uk/Rebooting-India-Realizing-Billion-Aspirations/dp/024100392X

I'd love it if Infosys or Nandan took a bit of interest in Cyan.

If you've got 20 minutes to spare:-

https://www.youtube.com/watch?v=j7sI6PLqKnI

GL

ITT

If they haven't, perhaps CC should have trademarked 'Omnimesh'.

https://www.crunchbase.com/organization/omnimesh