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"we will be reporting on the certification group (of which Catenea are a part of) "
tuvok - that statement is incorrect. CTEA have been invited to contribute to a government consultation on Digital ID. They are not part of any government group on vaccine passports, and have never claimed to be.
I would not waste your time, Mje. This has been a pump and dump share this past year, and will continue to be that. Most of the pumpers have moved on for now, leaving a few dreamers who actually think CTEA will get a government contract when there are dozens of other far more experienced and highly rated companies that already have working apps for both digital travel passports and domestic vaccine passports (if the latter is ever needed).
The blockchain aspect is irrelevent anyway - it will not be an important aspect of either type of vaccine passport. For international travel, countries (for example the EEC) have already said they will accept paper versions.
Not that CTEA have any unique blockchain experience anyway, just as you say.
JAdam will reply with his usual list of what CTEA have vaguely claimed they are involved in - without anything from CTEA that substantiates either results of their trials, a definite contract from any of them, or - gasp - any actual income materialising.
What is everybody's views on the continued silence? I don't think I can ever recall a period as long as this when AT does not respond to emails or phone messages.
To my mind it can only mean either AT is no longer working for ZIOC (but surely that would have to be RNS'd?), or something is happening that is so sensitive he has been instructed not to communicate with investors at all.
The lack of, or delayed, updates via a ZIOC RNS we are all very used to, but the silence from AT is far more unusual in my opinion.
Good to see the influx of newbies and rampers. They will all of course be gone by Friday.
Lots of crossover today with KP2 I think, and both ZIOC and KP2 being in today's top risers has brought about all the small buys in each.
Both ZIOC and KP2 are terrific long term holds, but the rises will not be retained without news - which is overdue on ZIOC and is due at the end of the month on KP2. Both updates costings related however (as far as we know......)
As Extrader correctly says, the small free float here means great volatility - especially if it comes to the attention of a large number of small investors or day traders as its seems to have done yesterday and today, both here and in Oz.
The rises won't stick without concrete news, which the company have confirmed there is none - as yet....
"why are we so confident that Catenae will get the contracts? there are other companies in this field."
Sadly you won't get a reasoned response. There are dozens of other compnies in the same field as CTEA, many far more advanced with their testing than CTEA are. However nobody on this board will acknowledge that.
Just look at the quoting on here of the British Airways article yesterday saying how positive that is for CTEA, when the article clearly says that BA are already trialling two apps - the VeriFLY health passport app and the IATA Travel Pass.
Phildon really does not have to have visited the port personally to make that statement - which, as it happens, in completely correct.
KP2 are in a similar situation to ZIOC. Sat on top of a massive asset, but no clear way to bring it to market without either the country getting moving on the SEZ, or massive investment from a thid party to do it without them.
There are facilities at Pointe Noir for a small scale DX EPP by KP2, but not enough capacity at present. Personally I think the EPP costings due by the end of March will bear that out, but lets wait and see.
From today's Mail On Sunday:-
BA is set to launch document-checking on its website so passengers can upload vaccine certificates and test results when booking flights. It is also backing the VeriFLY health passport app, which is being trialled on BA’s international flights, and plans to start trials on the Iata Travel Pass – another health passport app.
The Government plans to upgrade the NHS app to let people use their phone to prove they have been vaccinated or have a recent negative test.
Hi Beardozer,
I'm also in KP2, and have been for several years. Like ZIOC, the fundamentals are all there - huge high quality resource even closer to the coast than Zanaga. I have zero confidence in Brad Sampson (CEO) though - he seems the type to me who wants KP2 to move along as slowly as possible just to continue to draw his salary.
However I'm not sure the government will allow that - they issued an official letter to KP2 in December warning them to get mving, or else....
Hi Extrader,
Thanks for confirming. I just felt the timing of AT mentioning to you that he was in Dubai was slightly significant. I was actually there at that time and got one of the last flights back to the UK before the compulsory hotel quarantine rules came in.
It wasn't easy to get a flight, so it struck me that AT not immediately heading back to his family in the UK must mean he was definitely there on business. Important business at that.
Having said that, I agree entirely with the rest of your post. There is nothing we can do other than gently speculate. Long term holders have seen it all before after all. It will happen ... or it won't.
While I can understand everyone's hope that CTEA will be involved in either a domestic vaccine passort or an international vaccine passport, Guy has never given an indication that they are in discussions with the UK government on either. They have merely said that they have been invited to contribute to discussions (along with several other companies) over the next six months about a possible UK Digital ID. That is nothing to do with vaccinations or the pandemic.
There are already over 10 international vaccine passports in development, several currently being tested, and many with similar blockchain security to CTEA:-
https://www.businesstraveller.com/features/vaccine-passports-a-guide/
CTEA are not testing an international passport app with anyone, nor have they given any indication they have adapted Covid ID for that purpose.
As regards a domestic (UK) vaccine passport app, that is a totally different field to an international travel app. The current NHS app (NOT the NHS track and trace app) is already being developed to be a domestic vaccine passport, if companies, football matches, or summer festivals require it.:-
https://www.businesstraveller.com/business-travel/2021/02/23/nhs-app-to-be-used-as-vaccine-passport/
Any domestic vaccine app will have to be connected to the NHS, as it is the NHS that hold your vaccination record along with your other medical records. The government (and the public) have always been paranoid about any third party - other than the NHS - having access to medical records.
There is no guarantee that a domestic vaccine passport will be required in the UK anyway, with how successful the vaccination programme is appearing to be, although it may be required domestically in some other countries.
The only non-UK country CTEA appears to have any connection to is South Africa, and that country may be their biggest chance of getting a foothold and a contract. As regards the UK though, their best hope is long term through being involved with Digital ID. The emphasids there is "long term" though. Remember how long it took for ID Cards to be approved and then scrapped? The British have never been keen on government having access too all our personal data in one place.
No doubt there will be the usual one line comments about this being deramping, but some of the blatent ramping on the board has to be challenged. Yes, everyone has hopes for this share, but it pays us all to be realistic.
Hi Extrader,
Out of interest, I assume you have not heard from AT since your 9th February phone conversation:-
"Spoke to AT this pm, he's currently staying in Dubai, is aware of the new restrictions on returnees."
Has anyone received an email from him since that date?
Trek
"I reported your earlier post because you said ‘they didn’t have the money to pay their staff’ which was not true."
If you check back, you will see that post did not come from me so it was not me that you reported. CTEA of course have enough money to pay staff - they have issued more than enough additional shares and warrants over the past year to be able to pay the staff and the directors.
Secondly, there is nothing to stop a company announcing in their RNS whether new contracts will produce income for the company or not. They do not have to reveal confidential details to make that statement. The lack of any reference to the deployments you mention being contractual, income producing, or another "free testing pilot" is telling in my view.
However I take your point. Let's wait for the full year results to be published in June, and lets see if CTEA's income for the year exceeds the £100,000 they had in sales last year. I will happily apologise to you at that time if CTEA announce the increase in income that you seem to be expecting. If you are still around that is.
By all means report this post too if you wish.
Apologies Shrewd for thinking it was Extrader who received that reply from AT. I remember now it was you.
With a further 4 weeks going by, and AT mentioning to Extrader hat he was in Dubai a couple of weeks back, I am hoping too that something is in play that can't yet be revealed to shareholders.
I'm not sure the company would dare to issue another kick-the-can RNS when they are two months late in updating!
We are now seven weeks after the date the company usually updates us.
What views does everyone have on that? I think Extrader mentioned a few weeks back that AT was working on it. Surely if there was nothing new to report, the RNS update would have been out weeks ago.
Have they ever been this late with a previously promised update?
If anyone doesn't want to wade through the 200+ posts today, many of which are one line insults, take this from someone who has followed CTEA for over three years - not three days like many of today's posters.
There is only one post today anyone new needs to read, and it is this one from Biglad6:-
"I rarely day trade stuff but this is a top class pump and dumper. To all invested here you only have to look at the RNS`s over the past year to know they`ve been developing this app for a year and every RNS hasn`t generated a penny in orders. It`ll be another 6 months before another RNS just like the back of last year when investors were desperate for news but no news came because they hadn`t sold anything. If you look further back they did the same with blockchain. I bought back in a week ago and sold the lot this morning. Anyone holding long term here is delusional. Before all the usual abuse starts take a look at previous RNS`s nothing they do ever generates income its a lifestyle company for the BOD. This will continue for another 6 months as they (you) would like to think they are in with a govt programme that will generate sales for them. After a year of trying so far zilch. Its all hot air !!"
If you can make a little money on the pumps by selling before the dumps, good luck to you. If you are holding longer term in the hope of a multi-bagger, you will be very disappointed.
Ferdie.
Instead of insulting everybody that posts anything against the "huge potential" that you constantly ramp about, how about posting some facts as a reasonable argument as to why CTEA actually has "huge potential!?