Member Info for jointhedots

What on Earth are some of you talking about, inferring some problem, slight or incompetence in the RNS advice on when the results will be released.

It's nonsense to infer anything from the update except that the company has tried to respect all shareholders as they have a double listing.

I suppose, for me the only thing they could be waiting for that may be only available today is news on the CUDA sale which was expected to close today. Even that doesn't mean bad or good news is any more likely.

Buy, Sell or Stick please yourself, but don't start trying to worry everyone over silly fears.

Likely to to a defining day for the company, at least for a month or two.

Yes results, but far more important - the CUDA outcome which the liquidators expected to close tomorrow.

Also an update on the on/off saga of drilling on federal land (which IMO is the true reason that the SP has been static) an issue broadly ignored be PI's - basically the individual States and oil companies are at loggerheads with the government over leases on federal lands and Biden's administration lost court battles so suspended new leases and more critically for operators approvals of new wells (so possible impact on COPL). The latest twist is that Biden's team have won a new court case that they can charge based on environmental cost assessment so have resumed normalish business.

The impact on COPL could be zero or negligible but I reckon it will go to the supreme court as the oil companies and states say he has no legal right to do it (no law has been passed by Senate) - add to the mix the Ukraine disaster and the new imperative to produce hydrocarbons something has got to give or how can the US increase and sustain production to offset the Russians supplies. If the RNS clarified there is no problem and drilling can take place in August IMO it could take the brakes off in terms of the SP. Any issues will not have been lost on IIs and competitors.

IMO it is uncertainty holding this back rather than any specific problem so hopefully the next RNS will clear up any concerns.

Though the SP moves with the oil price movement, at least in the downward direction - it is IMO completely overdone.

It was above the current SP when oil was over $10/barrel lower and though the oil price is very close to $100/barrel COPL don't need anywhere near that price to make a resounding success of the business.

I don't think anyone knows what a fair SP is - news could shift it massively

Oh dear, I was hoping you might provide some balanced views - clearly you are bitter WRT Loopup either sacked or forced out, mistreated. If so, I sympathise and hope the CEO's get theirs, the sooner the better.

Your views are welcomed and I'm sure staff will have left (there has been a massive surge in the sector), and in contrast they have been in a down trend, botched the integration of Meetingzone and failure to adopt a decent strategy not to mention the ludicrous Sales pods. Was sure to hurt staff and shareholders - and the exec directors should get nothing else from the company except the sack - no one is under any illusions about the massive screw up, but it does not mean the company cannot sign up new business or retain customers.

Sure clients will leave eventually, but the same applies to all service providers, what is important is that they continue to sign up new clients.

Loopup don't need to be unique, there are literally millions of very successful companies around the world that offer services that others offer - the usual pre-requisite is either having a protected market or providing a very good service.

Loopup would argue they do have a unique service, and as far a IP is concerned, it is a somewhat useless factor in a market where the big players will dominate and overwhelm any initiative of small players within a very short period. Loopup's strategy is now right IMO, having piggy-backed the biggest and strongest players IP and reputation with an add on (not competing on IP) service and in those areas of alignment it doesn't make any sense to compete. In fact Loopup get scores of multi-billion pound enhancements to their offering every year for free - the biggest problem is keeping up with them.

Surely you understand, they have made it very clear that they are not competing with the likes of MS in areas they can't possibly win as also applies with the cheap and cheerful end of the market.

They have posted another senior sales job this morning and you should look at their own description of the company, take not of the key phrases:

- increased productivity, and reduced complexity/cost.
- truly differentiated offering
- industry leading regulatory coverage, global voice platform, and deep Microsoft expertise
- reputation for quality solutions, premium service, and reliability"

Extract:
"To survive – and thrive – companies need to embrace the best new technologies that drive the future digital workplace. That’s where LoopUp comes in.

LoopUp helps enterprises move their global communications into the cloud, which promotes flexible working for employees, increased productivity, and reduced complexity/cost. Our solutions include cloud telephony for Microsoft Teams Calling, all delivered over our own global voice network and as a fully managed service.

Our cloud telephony solution for Microsoft Teams Calling is a truly differentiated offering in a market that is top-of-mind for IT Decision Makers. Our industry leading regulatory coverage, global voice platform, and deep Microsoft expertise mean we are well placed to win business with large multi-national organizations across the world.

LoopUp has built a reputation for quality solutions, premium service, and reliability over the past 18 years and more than 5,000 organizations around the world use LoopUp’s global voice network – from major multinationals to fast-growing SMEs, public sector bodies, and professional services firms."

Hope that helps if you're struggling to understand, clearly Loopup believe they are a long way from dead.

Good analysis - overall they were too slow and covid accelerated a trend - I guess the question now is "have they learned a lesson and have got the skillset to transition to what could be a very lucrative market?"

IMO someone should have paid with their job (a CEO) with such a screw up but that's not happened, so here we are some of us (dwindling number) are waiting to see what they can do whilst most have already made their mind and sold - the management does not inspire confidence, however as I've pointed out they could still succeed but I wouldn't advise anyone to hold their breath.

WRT good news - I haven't any particular expectations, and I suspect neither has anyone else and that's why the SP is trashed.

That's why any good news could have a material impact on the SP, the partnership agreement should be progressing now and could start to deliver customers soon, more news cloud comms clients could be announced, the CISCO cloud option could be announced, news product offerings, expanded geographical coverage, new partnerships, new bank deal - there is always the possibility of some pleasant surprise, on the other hand there no need to warn anyone there is the possibility of bad news.

I mentioned a couple of weeks ago that the war between Russia and Ukraine could be the catalyst for change in the sector - companies pulling out of Russia and even those remaining will have realised the importance of security in meetings and the cloud - and those companies will recognise and perhaps speed up changes to proven quality suppliers.

It's early days and there is little information on how the world will react, but I've already seen articles warning that everyone should ensure they have security in place - Loopup provide secure comms for international and professional services clients- maybe that will stimulate quicker adoption.

Maybe some of you have noticed some of the articles in the mainstream and industry press about the adoption of VPN's in Russia, if you missed it - it's soaring, according to the linked article this morning up 2000%. I'm sure the need for security will be recognised by those holding meeting or using cloud comms worldwide, maybe the move from cheap and cheerful to quality services will gather pace through the year.

Loopup's business was massacred by a trend, maybe they'll benefit from a new trend, it's too early to see what the eventual outcome will be.

"Demand for VPNs in Russia skyrockets by 2,000% after the Kremlin bans Instagram"

https://www.euronews.com/next/2022/03/15/demand-for-vpns-in-russia-skyrockets-by-2-000-after-the-kremlin-bans-instagram

If it' finished why are you and the group of fellow doomsayers still posting - surely you can't be bothered over the SP as you have dismissed it a worthless, just enjoying gloating perhaps, maybe worried in case by some chance there is a recovery - certainly not upset over any shareholding if it's written off IMO, there's no sign of distress - more like glee.

I have cash available to buy more shares when the BoD give me a reasons to do so, I suspect others are also watching and may do the same (including some rubbishing the prospects) - bad though things are the SP could rise rapidly on good news.

Some posters are trying really hard to convince us the company is finished - ridiculous as the company are recruiting and recently advertised senior sales jobs in new locations Poland and the far East , if the company is not solvent they need to stop trading.

I've seen no such announcement and only a short while ago major shareholders and others gave the company support, they are not dead so they cannot come back - they are still claiming they are enjoying success (but slower than expected).

All to play for, the slow progress and a corresponding sh*te SP is concerning but does not necessarily reflect current operational performance, if the company is done why did staff waste their own money on share options? They are all closer to the action than us and are presumably not all idiots, they'd need to be complete morons to buy or commit to future schemes knowing the game was up.

It may well go down the drain, but for those suggesting it is over I suspect on their part for some it is wishful thinking.

What gas do COPL buy/pum inot their flood area - is it CO2 or a hydrocarbon based mix of gas - the reason I ask is because Exxon have a carbon capture plant in Wyoming and the sell to oil companies to pump into wells and importantly have announced they are expanding it - if COPL buy/can buy off the it looks like availability will rise.

Does anyone know?

"Exxon to build $400 million Wyoming carbon-capture project after delay"

https://www.worldoil.com/news/2022/2/25/exxon-to-build-400-million-wyoming-carbon-capture-project-after-delay/

BtB - easy accusations to fire at anyone, belittle a viewpoint - I can say exactly the same to you - do proper research - your research is flawed - most likely watching too much RT.

Whatever the background, there is no excuse for killing innocent people, children have died and continue to die - there is no morality or justification - some day you may realise it is you that has been duped.

Whataboutism doesn't justify evil deeds. I notice you a pushing the Russian narrative on various BB, please yourself - but believe me I do a lot of research and have watched RT etc to get balance - there is one indisputable fact it is Russia on Ukrainian territory - they should get out.

IMO the Russians have been preparing for this for years - they are masters of propaganda always play the innocent when logic suggests otherwise, softening gullible Westerners up with state sponsored news (?) outlets.

You're a long way down your rabbit hole - hope you get out eventually

I share your sentiment and have written down my investment, I don't expect to get back what I invested, and the management truly are a disgrace. However, I've not given up on getting a proportion of my investment back - it can be a multi-bagger from here, maybe not for some time, but stranger things have happened and the business proposition is still good.

Good to be partnered with Microsoft, with the depth of experience they have in security: FoxBlade the first of many I suspect:

"Several hours before the launch of missiles or movement of tanks on February 24, Microsoft’s Threat Intelligence Center (MSTIC) detected a new round of offensive and destructive cyberattacks directed against Ukraine’s digital infrastructure. We immediately advised the Ukrainian government about the situation, including our identification of the use of a new malware package (which we denominated FoxBlade), and provided technical advice on steps to prevent the malware’s success. (Within three hours of this discovery, signatures to detect this new exploit had been written and added to our Defender anti-malware service, helping to defend against this new threat.)"

Make sure your antivirus software is kept up to date guys.

https://blogs.microsoft.com/on-the-issues/2022/02/28/ukraine-russia-digital-war-cyberattacks/

To be clear - Like everyone, I wish that the attacks on Ukraine would stop immediately, it's a disgrace.
I hope the Western sanctions really impact the Russians, the people need to understand all is not normal even if they don't get the truth.

WRT Loopup I think the implications are at worst benign, as we are not based in Russia or have significant client business so sanctions will not hurt, I'm not sure if sanctions even restrict comms and the West wants to continue information flow into Russia.

However, it's worth noting that Mashme have one installation in Moscow and a sales partner in the CIS (though it was installed ages ago so will be fully paid already). Loop are licenced in Russia and I would think if any clients communicate Via Loop services they would want secure comms more than ever, as least in the short term. Significantly, today Microsoft have announced the suspension of all new sales - it does not effect existing installations but will surely curtail all new installations - I suspect Loop probably does a miniscule amount of business if any - but worth noting.

On the flip side, the newly restricted air corridors, Europe to Asia etc and cost of travel and maybe impending surge in fuel prices should boost many companies to reduce travel to a minimum. I think the phenomenon has not been even considered as yet - but reliable/secure comms for multinational companies will be more critical than ever. I mention secure because IMO that will also be a major consideration (is major now but could become critical) from the minute that Russia starts to hack a Western companies - and IMO they will. A managed service is surely more secure. Anonymous has declared a cyber war Russia and hacked government websites - it's not the Russian way to just lick their wounds.

Even if Pootin's disgraceful war settles (and I hope quickly), now the damage is done, the evil intent is on full display so things will change - currently no one knows what and to what extent but markets are moving as bets are placed and investors switch to perceived safe bets - in the meantime we are simply ignored, I suppose there is not much more damage to be done to the SP.

Sorry to get political guys - but the world we operate is suffering trauma (just like it did with Covid), hopefully our Bozo directors are taking appropriate action and not behind the curve as they where last time.

Noob67 - it's the complete opposite, that is my point, no news is good news.

All parties will have signed NDA's and can only speak out at agreed key points OR if they announce they are no longer involved.

One point I forgot to mention was that the bids for CUDA where due on 4th February - as such surely logic would suggest that if COPL where unsuccessful they would know by now and be compelled to RNS - they are not obliged to wait until close out of the deal??

Question is, does that tend to suggest either the process is delayed or COPL are in line to win (negotiating).

As well as the administrators website, it may be worth looking at Detring Energy Advisors website (administrators appointed agent) at their process and bid status.

https://detring.com/current-engagements/

I'm not sure when shareholders expect news on the CUDA sale, but the fact is it can be ANYTIME now or maybe weeks away if delayed and may not even align with a morning RNS. Take your positions and take your chance - those dipping in and out may lose out. who knows. Key word "anticipates"

"UDA anticipates PSA execution by late February and closing by March 31, 2022.
The process is subject to receivership proceedings in Canada and Chapter 15 proceedings in the US."

WRT the CPR, I would have thought it would be easy to determine that there was no/little oil the more reserves they are analysing to more careful they will need to be as the stakes are higher - I would also point out that they are producing oil from the recently drilled hole which may be yielding valuable information as production tests are conducted and it settles down.

Just because we are not hearing anything and the SP is making disappointing progress does not mean the company is not making great progress - be careful swallowing the worrisome drivel posted by some who are simply trading and pushing their own interests

The CEO's really have screwed up for shareholders but not necessarily for themselves - it's incredible that they remain passive on this (a sceptical person might deduce they see a benefit to themselves as they can grab the company for peanuts).

No good pretending they are anything other than either useless or dishonest, there really isn't much selling pressure, but they have given investors no reason to buy.

WRT II's, they don't tend to buy in the open market as they are always included in any capital raise, so will even short a company in which they have shares.

The most disgraceful aspect is that the CEO's have not felt any reason to accept some pain themselves by way of a pay cut - they continue to fill their boots.

At sub 7p it's difficult to see why anyone is selling unless our directors

WhiteKnight14 - I don't believe for one minute that you are a shareholder and took that view from when you registered on the BB and targeted Loop with your post - presenting a façade of an annoyed shareholder to draw genuinely distressed shareholders in. Though some of your statements are correct (poor management), give it a break, you don't need to try to cause distress, there is plenty around. Your posts are not those of a newbie (they don't post like you) - what are your other aliases?

To genuine shareholders, unfortunately there is nothing we can do about the SP except buy shares and I have enough, the BoD have yet again gone silent, but we have no reason to assume things are not going well except distrust of the BoD's capabilities, on the flip side they should have progressed rollouts, new business and the partnership (H1) and the Cisco offering.

The longer the disconnect between the oil price and prospects for COPL goes on and the bigger the gap in SP grows - all the company needs to do now is deliver some new news - and we should see a significant upward movement.

I'll never understand some of those that haven't the patience to see something through when the downside is so small.