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If you morons carry on boring me with your wibble wobble dribble I’ll post the other million updates.
Bore off 👏👍
That’s just this years🤣🤣🤣
Have a good Bank Holiday weekend folks🤣🤣🤣
Further Licence Payment Update
26th April 2024
26th April 2024
Further to the update of 17th April, the anomalies relate to paper share certificates issued by the Company in 2018 and very early 2019. The matter is largely resolved and once the Paying Agent has concluded its work, notifications will commence.
The Company remains under strict non-disclosure agreements. All further updates will be published on www.cloudtag.com.
Licence Payment Update
17th April 2024
17th April 2024
Further to the update of 10th April, shareholders are reminded that those with paper certificates issued by the Company will be notified as soon as possible.
The Paying Agent is continuing its work to resolve some final remaining anomalies with the share capital book, which it expects to do in a timely manner, before it commences all notifications including to brokers.
The DaaP payment process will begin once the licencing payment process is complete, about which a further update will follow in due course.
The Company remains under strict non-disclosure agreements. It will not comment on social media speculation or misinformation. It regrets previously providing information on timescales in good faith that have not transpired. All further updates will be published on www.cloudtag.com
Update
10th April 2024
10th April 2024
The Paying Agent is now in receipt of the licensing funds. Those Shareholders holding paper certificates issued by the Company shall be notified accordingly.
The Company remains under strict non-disclosure agreements. All further updates will be published on www.cloudtag.com
Corporate Share Action update
4th April 2024
4th April 2024
The Company acknowledges receipt of emails from those Shareholders holding paper share certificates issued by the Company.
The Company is processing all the enquiries received to date and is working alongside the paying agent who shall action all emails directly.
We would like to reassure all Shareholders that the Company is working relentlessly to conclude all outstanding notifications.
Once again the Company would like to thank our Shareholders for their continued patience and support.
The Company remains under strict non-disclosure agreements. All further updates will be published on www.cloudtag.com
Shareholder Notifications
30th March 2024
30th March 2024
Dear Shareholders, we regret to inform you that despite our best efforts to ensure timely notifications from the paying agent over the Easter weekend, there has been a delay on their part.
Notifications will now be sent on Tuesday, April 2nd, 2024. We sincerely apologise for any inconvenience caused by these delays in the distribution of funds.
We have received enquiries regarding the paying agent. As previously advised, if certificate holders issued by the company have not had contact from the paying agent by close of business on 2nd April 2024 (EST) you are advised to email the company at contact@cloudtag.com FAO Corporate Share Action where we shall involve the paying agent directly to handle your notification process.
Once again the company would like to thank our shareholders for their continued patience and support.
The Company remains under strict non-disclosure agreements. All further updates will be published on www.cloudtag.com
Paying Agent Notifications / Corporate Share Action
28th March 2024
28th March 2024
The Company is delighted to announce that the paying agent will be issuing notifications to those shareholders who hold certificates issued by the company on Friday 29th March 2024.
Any shareholders who hold certificates issued by the company who have not received notification by Tuesday 2nd April 2024 should email the company at contact@cloudtag.com FAO Corporate share action.
With regards to those shareholders holding shares via a broker, please be informed that this process is still underway and shall complete following the notifications as mentioned above.
The Company remains under strict non-disclosure agreements. All further updates will be published on www.cloudtag.com
Update
22nd March 2024
March 22, 2024
It has come to our attention that the notifications intended for shareholders have not been issued as planned, due to guidance received from the paying agent.
This process has been ongoing for some time and may persist into the following weeks.
We will provide further updates to shareholders by the end of the week, concluding on March 29, 2024.
We acknowledge and sympathise with shareholders’ frustrations regarding the delays experienced.
The Company remains under strict non-disclosure agreements. All further updates will be published on www.cloudtag.com.
Update
14th March 2024
14th March 2024
Further to all recent updates, we reconfirm that various UK brokers have already received notifications from our paying agents. We do not control the time-frames in which brokers contact their nominees.
Individuals holding paper shares are being contacted from tomorrow.
We remind all shareholders of the complexity of this transaction and reassure them that this process is entirely genuine and is simply taking longer than originally envisaged.
The Company remains under strict non-disclosure agreements. All further updates will be published on www.cloudtag.com.
Further Update
12th March 2024
12th March 2024
Further to the latest update released on 8th March, we are pleased to confirm that at the time of this update, electronic notifications have commenced where shareholders shall be contacted by the paying agent and various broker platforms.
Due to the intricacies involved with this transaction we are anticipating that all shareholders will have been contacted by the end of this week wherever possible.
The Company remains under strict non-disclosure agreements. All further updates will be published on www.cloudtag.com
Update
8th March 2024
8th March 2024
Further to the previous update dated 4th March 2024, the company would like to inform shareholders that the paying agent process has commenced and would like to reiterate that the process shall conclude within the original time frame stated.
The Company remains under strict non-disclosure agreements. All further updates will be published on www.cloudtag.com
Licensing payment update
4th March 2024
4th March 2024
Further to the announcement on 21st February 2024, the company is pleased to inform shareholders that the trust lawyers working to establish the trust fund have completed their work and the trust fund is now in place.
The company is therefore in a position to distribute licensing funds and has instructed the paying agent to commence the process and conclude the process accordingly during the next 7 working days.
The company would once again like to extend thanks to shareholders for their continued patience and support.
The Company remains under strict non-disclosure agreements. All further updates will be published on www.cloudtag.com
Status update
21st February 2024
21st February 2024
The company is pleased to announce that the enhanced payment for the DaaP of circa $4.5 million has been approved by the buyer. The exact amount will be decided at the time of distribution. The DaaP deal funds distribution will swiftly follow the license fee distribution. Shareholders are reminded that two separate payments will take place as notified before.
The trust lawyers are working on all documents to create a trust fund for shareholders that are unknown to the company due to the discrepancy arising from a miscalculation from a UK broker as previously mentioned. We have been advised this will be concluded by week starting 4th March 2024 and will revert back to shareholders to confirm.
We have received several enquiries regarding the jurisdiction of the company, please be advised that this information has always been on the website. Please refer to information on the website
The company acknowledges the extended time frame that this process is taking however we are striving to complete all aspects as soon as possible. We would like to thank our valued shareholders for their continued support and patience.
The Company remains under strict non-disclosure agreements. All further updates will be published on www.cloudtag.com
Licensing payment update
30th January 2024
30th January 2024
The paying agent processing the payment transactions are experiencing difficulties reconciling the number of shares in issue due to miscalculation from a UK broker. The company was only made aware of this discrepancy recently and is working to resolve this.
The company is discussing the option of proceeding forward with the distribution before resolution of this issue which would entail retaining a nominal amount in trust until the situation has been fully resolved.
We apologise for this further delay whilst this is being resolved and will update shareholders as soon as possible.
The Company remains under strict non-disclosure agreements. All further updates will be published on www.cloudtag.com
Payment arrangements
19th January 2024
Following the announcement of the 21st December 2023, it was intended that the agent aimed to be in a position to transfer funds during the week ending 19th January 2024. This timetable has slipped slightly at the behest of the Company (as explained below) and now, they affirm to establish contact with shareholders either directly or via their investment platforms during the following days ending 31st January 2024.
As mentioned at the time, there is an important but complex part of the process to notify all shareholders at the same time given that a link is sent to establish payment. This is relevant given the range of investors and their various currency requirements and to ensure that no one is disadvantaged by a lengthy notification process.
The company was notified yesterday that a number of private investors and a London based US institutional investor were contacted but could not be assured that all shareholders would then be communicated in a timely fashion. To avoid any potential disadvantage, the company has ensured no payments have been made today. The payment agent has given assurances to the company that it will be notifying all shareholders in a timely fashion next week.
As confirmed on the 11th January 2024, it has been confirmed the level of payment per share and all other parts of the process are ready for actioning.
The Company remains under strict non-disclosure agreements. All further updates will be published on www.cloudtag.com.
Licensing & DaaP sale update
16th January 2024
As previously disclosed, proceeds are being received via two separate transactions; the proceeds from the licensing deal and the sale of the DaaP. It was a requirement of the deal structure, to maximise the benefits to our shareholders, that agreement was reached on the quantum of proceeds from the licensing deal to be distributed to finalise the DaaP terms with the purchaser.
As disclosed on the 20th October 2023 and given the delays experienced during last year, much outside of the Company’s control, an enhanced payment for the DaaP sale has been negotiated. The Company is delighted to confirm that agreement has now been reached in principle with the buyer to apply a rate of interest to the previously disclosed consideration for this period. We look forward to confirming the final terms once the licensing payment procedure is completed.
The Company remains under strict non-disclosure agreements. All further updates will be published on www.cloudtag.com.
Further Updates - Payment Arrangements
11th January 2024
The Company is pleased to confirm that shareholders will receive 4.8 US dollar cents per share, after costs being an income from the distribution of licensing money.
The paying agent will contact investment platforms and individuals holding share certificates after Martin Luther King Day being a US federal holiday, starting from 16th January. Paying agent will provide further instructions and assist with any queries resulting from completing the relevant information and forms.
Once again, we express our gratitude to our valued shareholders for their patience and understanding during this period.
The Company remains under strict non-disclosure agreements. All further updates will be published on www.cloudtag.com.
Nothing ‘quaint’ about the ‘trailer trash’ on here
Never mind ‘Annie’ there seems to be plenty of ‘Fannies’ still occupying this chat.
Total agree Bubbas, good post there👍