Yesterday's meeting15 Feb 2018 18:22
Well, this is the first time I've visited this thread since delist. I wasn't there and before I get hounded out, I hold millions of CTAG shares so I'm gagging for a good news story as much as the next person. From the outside looking in, unfortunately it looks as though Tim's meeting has done significant harm to even the minimal interaction between PIs and CTAG for the future. Let's not forget there was a meeting last year too, that didn't go well either. I've heard that Tim's draft got leaked and that is the why JB / ABH now won't approve any wording to be released. If it is true that it was somehow leaked, then more fool them. I don't blame JB / ABH from refusing to cooperate with the release of an approved version. It's just like a board meeting, the minutes are taken and circulated for approval, then they are released as needed so that everyone is on precisely the same page. Just as here, except it appears Tim's camp made a significant error of judgement here. I think the leadership of that group has been played by a few disruptive and vocal individuals but all this talk of legal action or whatever is nonsense. What's clear to me is this. No Amit = no CTAG. The recent interview was the best indication we've had for ages about whether our switch to a B2B strategy has potential, and I'd say it does. While I hate the situation we are in, I'm absolutely convinced that we as shareholders need to allow him and whoever he is working with to try and get this over the line for us all. A man of Amit's experience and wealth simply would not persevere with this a moment longer than necessary unless he sees a major upside. He is nothing if not a ruthless businessman. So all this talk of Alon / EGMs / anything else is foolhardy to say the least. Like I say, no Amit, no CTAG and I for one will leave him alone to try and sort it. Do I have faith? Not blindly no, but do I think Alon, Yuval or anyone else could give us a better result? 100% no. Now to the matter of 'selected PIs' getting an audience with ABH, who cares? I've asked numerous times for meetings with him and been knocked back despite having met and spoken with Tony Reeves. But if others have managed it, purporting to represent other PIs or not, then fair game to them. But I counsel you all that to allow the SAG and or Tim and his associates to speak for you and your investment is a recipe for disaster. Let's leave well alone. If it goes to the wall fine, let's each chuck �1K in and go for a class action law suit, but right now I'm utterly unshakeable from the view that Amit and whoever he's working with need to be left alone to deliver, and that any Twitter / Facebook / social media negativity such as the Karl Howarth tweets today serve only to risk our investments further. Phew, I'm off for a beer!
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