Member Info for Inthetin

Hi Vas

The SP has risen by 100% in a month.

You never know, it could rise by another 100% by mid Feb. Even then, the market cap would still only be £12m.

If the BoD could get £25m - £30m for it (not £200m), they'd get my vote. That sort of figure doesn't seem impossible to me, if they can just get going.

IMO, the idea that Cyan will be around in 10 to 15 is verging on the ridiculous. I would think that the BoD's aim is to flog it as soon as they can tempt a buyer to stump up enough. Before that has a chance of happening, they will need to prove that their business model actually works.

sceptic but......

Hi tonyj

I don't agree with your thinking but I'm going to shut up now (I've had enough airtime) and wait to be proved wrong. News on funding can't be avoided for much longer.

At this moment in time, unfortunately, contracts count for very little (apart from making a placing slightly more palatable, should the SP increase dramatically). This is about the survival of the company, as far as your ordinary shareholders are concerned.

The company's bank balance is in the hundreds of thousands, not millions. Where is any new cash coming from? IMO, it can only come from a placing or private loan(s). To suggest any other financial arrangement is possible is fanciful for a company with a track record like Cyan's.

We'll find out soon enough.

Spot on VAS.

However, whether it's written in a RNS or their accounts, when the company's auditors can't even get their own accounts right, what information can be relied upon 100%?

Hi Imperiallondon

Thank you for your post.

I have my suspicions as to where this company is heading. If it doesn't end up where I think it will and it actually survives, then great.

If the story 'ends' as I think it will, then the fun will start.

Good luck with your investments too.

Is that a T+2 or a T+4 or neither?

When I buy shares through A J Bell, I have to put the cash in first before they will deal on my behalf.

Can people still buy with a delayed settlement date e.g. T+2 for two days, T+4 for four days etc? i.e. buy and sell within the settlement period and not have to cough up the cash. Just collect the winnings, if it goes to plan. Not so nice if it doesn't.

IMO, you do have to be really careful trading in that way.

Thanks CB.

Have some people left themselves too exposed? I don't know.

As you know, you should always read the warnings. They are there for a reason e.g.

'Make sure you understand all the risks and benefits before investing. You should not invest more money than you can afford to lose without altering your standard of living.'

I find being a shareholder in Cyan a bit like being a Spurs supporter. Yes, I criticise them (a lot) and don't like the manager's style but will I buy a season ticket when I eventually get down the waiting list and get offered one? Of course I will.

For the record, I have never shorted a share or held a CFD. I have never paid for access to level 2 information (whatever that is). Since Moneyam closed (where you could see live trades for free), I either look at 'Trades' on LSE or Google Finance to get a feel for what's happening but, as you know, they are delayed.

I am not a gambler. I know that I could make money betting on horses but the way that I know how to is not a lot of fun, in fact, it's extremely boring.

I post on the Cyan BB because it can be fun at times. Until now, nobody has taken it too seriously. LTI and I do not agree on things too often but without anything being said we accept the difference in our 'styles' and leave each other alone.

As I implied at the start, I am a Cyan shareholder. How many shares I've got is not important but I do feel that being a shareholder gives me the right to comment, criticise and make predictions. It has been easy to predict when the trend has been relentlessly down. If JC & Co are finally pulling their fingers out, predicting might still be easy but in the opposite direction. Who knows? We'll have to wait and see.

Even if some find money a deadly serious business, there must be some space left for a bit of humour because not everyone does.

https://shop.moderntoss.com/products/disruption-techniques-card?variant=30310517801013

Hi Vas

I don't believe that to be the case.

My understanding is that they need to sell and deploy 500K units (including hardware/software & support) year in year out to break-even, based on £500K per month overheads.

As the deployments build up and the licence money comes in, the annual sales target/requirement for break-even would reduce.

This is my last post for the time being.

Red or blue tomorrow?

https://shop.moderntoss.com/products/plants-on-desk-card?variant=30310513016885

Cup of Destiny does the trick again.

1:45 - Moon Trouble - nope
2:20 - Island Hideaway - win @ 2/1 (in the bank and finished for the day)

Sedgefield
1:25 - O'Hanrahan Bridge - nope

Is it nosediving (again).

Huntingdon
1:35 - Arthur's Reuben
2:10 - Goshen
3:15 - Just a Thought

Lingfield
1:45 - Moon Trouble
2:20 - Island Hideaway

Sedgefield
1:25 - O'Hanrahan Bridge
3:05 - Blazing Port
3:35 - Universal Folly

Predictions supplied by the Cup of Destiny. The cup usually provides a one in three success rate.

I think you mean million share buy.

Hi KISSMEQUICK

I think you might like this band:-

https://www.youtube.com/watch?v=BuQG6_evFc8

Ouch! My shorts are squeezing a bit this morning. I obviously need to change into a bigger pair.

Where can I get one of them there CFDs?

Red or blue tomorrow? Or, will the pre-placing deadlock continue?