Member Info for Percys

I'll tell you, its CYK!

CYK have 100% of an operating AI business selling to actual customers, nobody knows what % SCGL has of EVOO and its a long way from having a product or customers!

I picked up some CLAI on Friday but must admit prefer companies which own 100% of operating companies which CLAI and PR1 do not. Biggest holding is CYK where they do, looks like they are gaining momentum generating revenue in the core business.

Toffers, I don't think Bixby's "donation shares" will hit the market any time soon. My theory is that at the right time Bixby will buy them back, he got a big tax deduction and then he will get the upside from the same shares on the way back up. Its the nature of the beast!

Crobber33, there is an old saying that relates to SCGL - "souffles dont rise twice", its had its run.

Like most portfolio managers I trade the shares as well when I see unexplained spikes / dips so as to (hopefully) lower my average price which in this case I have successfully done. My average is sitting just under the 3p mark.

I have been trading shares for 40 years, through many cycles and booms/ busts. Over that time I've read a lot of annual reports, more than a lot of RNS's (and their international equivalents), traded shares in 5 different countries, seed capital, mezzanine facilities, calls, puts.... just about every type of equity type investment you can think of. I've met many many Bixby's and their hangers on so I know the animal but I have rarely seen a raising structured like this last one - it beggars belief that they think their shareholders are that dumb.

Itshenderz, I wont give an exact number but more than 5 million.

Crobber33 seriously you like Sealand Cap - thats hilarious and you come on here punching holes in Cykel. Sealand cant even tell its shareholders what % it has in EVOO. Have they even got a website yet?

Crobber33 I don't think you really get it, it doesn't matter how many ai companies are out there just like it doesnt matter how many oil exploration of mineral exploration companies are out there at some stage there will be a catalyst and it will rally. You can talk it down all you want but its not going to change anything.

The one thing I'm sure of is that at some stage this will have one good rally that will see share price go up at least 5x, every company Bixby and Co have done has done this at some point. I don't know when, from what base or anything else but I feel it in my bones that it will happen and thats when I will exit.

I have a lot of these shares, I believe in the core AI agent business, but I think the statement below is just pure bulls&%t:

“The strategy is expected to provide an inflation hedge, enhance long-term returns, diversify the balance sheet and create additional shareholder value beyond core business operations”

For a company of this size, at its very early stage of developing a sustainable business to be even thinking about a "inflation hedge" or "diversify the balance sheet" (what balance sheet!) tells me the a lot about the directors and its not enduring!

The directors, major shareholders and Clear Capital have treated this like an ATM, I don't think there was any intention or expectation that the share price would perform after relisting in July 2024. Four capital raisings in 10 months, each at a lower price and this last one didn't have an issue price when announced- talk about undermining the share price - they are meant to be making it go up but have done everything in their power to make it go down.

Bixby's "donation" was tax driven to offset capital gains elsewhere, Lyth's transfer to his adult son was a sale by proxy, the major shareholder (Matthew Lodge) with circa 10% of the company and who got the shares for Zero cost then dumped them in the market 3 months after relisting was then made the CEO of their other AI interest Cel AI 2 months later - any notion of corporate governance went out the door along time ago and Clear Capital are up to their necks in it, what a bucket shop!

I dont think Ewan Collinge actually knows who he is dealing with, make no mistake these guys are sharks. Of course only my opinion!!

Toffers, mate I think you need to take a moment, have a think about this and frankly get a grip. It’s pretty obvious what’s happened here

It’s pretty simple…… sunbae is a AI agent store a bit like the Apple App store.

Toffers, I'm not arguing with the company I'm expressing an opinion and yes if I think what a company has done is stupid I'll say so not put a positive spin on absolutely everything they do. So what they have told us, its still dilution, its still at a discount to the share price 6 months ago, its still not their core business.

I'm sure Bixby is well aware of Musk, but I can't see Musk asking Bixby to catch up for a beer when his in the Toronto area to chat about the future of BTC. Maybe he will after Trump makes him the Governor of Canada, or may by Musk will make Bixby the Governor instead and Bixby will direct the Canadian central bank to sell all their foreign currency and buy BTC or better yet Doge coin.

You can't always put a positive spin on absolutely everything this or any other company does, that's just being a fan club. I think they should stick to their core business and get the share price trading at a premium to all of the 3 or 4 capital raisings they have done since listing which would be about 6.5 pence. Seems we get further diluted so the directors can punt a few BTC, does make much strategic sense to me.

I’m deeply sceptical about this placing, I think it will result in a materially lower share price until the placing closes. Nicholas Lyth has been (through his adult son) a seller of shares for months and now only holds about 15% of his original holding. There is no incentive for any of the parties involved to have a higher share price.

The other director at CLAI Matthew Lodge was the aggressive seller of over 33 million Cykel shares starting the day after his 3 month lock-in period expired, he drove the share price from 7p to 3p. After he sold they (including Nicholas Lyth) appointed him the MD of CLAI, go figure!!!

Who knows what Bixby is doing with his “donation” of a significant amount of Cykel shares. I hope I’m wrong but this is starting to smell.

Unf

I don’t want to ride a wave, I want to ride a wild stallion running higher and faster than ever before and I think Cykel has that ability!!

Druces were the lawyers to the SPAC Mustang Energy that purchased Cykel.

Partnerships are not paying customers. Those initial partnerships were essentially a collaboration to spec out the product “Lucy” for use.

Yes but these accounts are for the period until 31 January 2025 in which time no revenue was generated.