signs of life in the SP12 Aug 2015 15:21
Encouraging to see signs of life here, so I've topped up prior to the Yiwee announcement, which was ggod. As ever Ronald makes big statements but fails to include any financial detail, or he makes statements like we are going to take over the world which is followed by an RNS that says its all to come in the 2nd half.
Perhaps it sounds harsh, and I'm hoping we are finally turning the corner. Ronald is on a World Tour and in his latest news video on proactive investors, he talks of a very healthy pipeline of proposals, plus the fact that Cloudbuy software is scaleable. He cites an Indian company that raised over $150 million to build a market place that would take 3 years to complete, when Cloudbuy's solution would take 6 weeks to do the same thing. Ronald's also boasted of a £4.5million contact in Australia which would have been worth £30K had it been sold as part of the old @UK business model. I'd liked to have bought much more stock but after the EFH debacle I'm being cautious as to whether this is hot air or if we are finally about to see Cloudbuy become the big money-making enteprise we have been promised.