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Spot on, totally agree with what you said. If Amit has indeed promised investors to be contacted by Wednesday, there should be no excuses for any delays. The communication needs to happen before the close of play tomorrow. The pieces seem to be in place, so if this is genuine, action should be taken without further delay.
if we wake up tomorrow without any emails, it's clear what to expect - another round of empty promises. Unfortunately, Amit's track record doesn't inspire confidence, and it's hard to believe anything he says or any updates he provides.
Please everyone email Amit and chase him as no one have received any response. Use the below template. You can also copy in your solicitor into the email, that’s what I done.
Dear Mr Ben-Haim,
As per the last update dated 30th March, 2024
which stated "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." I have emailed the company.
Can you please kindly confirm the receipt of my email and if it has been forwarded to the paying agent to start the notification process?
Please can you tell me within what timeframe should I expect a response from the agent and how long I will have to wait before I receive the licensing money?
Meanwhile waiting for a response from you.
1984 how can you take control over the distribution process when the company isn’t registered anywhere? Cloudtag is operating outside the legal framework that typically governs companies’ actions and shareholders’ rights. Without legal registration, shareholders may have limited or no rights in terms of corporate governance, voting, receiving dividends, or accessing company information.
Remember that person who said ii were contacted last week, Zepps? He is working with Amit to provide false information. I have contacted LSE has soon as he posted that last week, Cloudtag released the update.
I've had enough of Cloudtag Inc. this guy just won't quit helping himself. I urge all shareholders to forward this update to their UK brokers, to see if they can validate this. I will now submit an Action Fraud report on him starting tomorrow. All shareholders should report him to action fraud, as they will take notice.
B3ast - Yes, all of it will point back to Amit if you follow that path, regardless of who said it.
Likewise, may I ask you, where is the proof that this is a scam? Indeed, shareholders are irritated. We have been waiting for this for years, and we all need money. We rely solely on the official updates available on the website. Has he given in to the deals? he is now announcing that he will pay us.
However, based on the most recent update, he has until January 31st before I begin to suspect. Since he told us in the previous update that “that a number of private investors and a London based US institutional investor were contacted ”, there is no reason why we shouldn't hear from them, he cannot possibly cause another delay as some investors have been contacted!!!
I haven't said anything since I'm annoyed that Amit has missed the deadlines. But because B3ast appears to think he knows and perhaps shouldn't offer his advice on legal concerns, I just wanted to correct him. I previously engaged with legal about this, and I received some guidance when Amit sold me shares falsely. Since Amit is also FCA registered under SB corp, you would be pursuing him rather than the company. Sure, if you take this course of action, you might not get your money back, but he would be held responsible for his actions. Your claim about the website is likewise untrue. You will benefit from all he has written on the updates. Tell me how you would get out of this by saying he is giving us 50m. If you speak with brokers would have also shown to you that Amit had communicated with them on the distribution of funds to shareholders. These are the biggest brokers in the UK! Do you honestly think he would go to this length if it were a scam? In the event that you have to bring a claim against Amit, you also have the broker's assistance.
This is not a scam, rather it's an incompetent CEO who can't deliver on time.
Good luck, shareholders! As stated by Phoenix11, the "distribution process" will start the week of November 13. Payments to investing platforms or bank accounts are made after the process begins tomorrow and take five weeks to complete. As a result, this week the agent will begin contacting investors or the investment platform.
For the first time, I am genuinely excited about receiving money from the licensing agreement. The only thing that bothered me was that he withheld the agent details. However, in the coming weeks, once they begin communicating with the broker or shareholders, the agent's details will become public. We have been waiting for this moment for a very long time, so ignore the noise in here. It is finally here. I was never sure in the past and got legal advice, but now that we are finally going to see some return on our investment, I am overjoyed. Some folks are completely illiterate of this page, they still fail to comprehend the public statement that Amit is making. See you in ten days.
Thanks T
Andy Hubba It's amusing how you ask, "What's the difference between being in a Facebook group and a Twitter group?" Aren't you a member of the Facebook group? Your humour truly fits.
If that's what you want - but if I simply post the text, you'll accuse me of fabricating it.. In any case, if you want to see the actual screenshot, share your Twitter account, and I'll message you.
Since I can't show you a picture on this page, I believe someone needs to explain how LSE works. You can only receive it if you share your Twitter name, so either do that or just ignore it.
Conrad02 - I wish I was lying but I am happy to share the the messages and proof of my holdings. What is your twitter handle?
I apologise, I accidentally Googled "What are the newest wearables that are comparable to Cloudtag?" Let me click the first link, but wait, WHOOP, that's what it seems to us.
Helx2 You can hold any beliefs you wish. If you decide to turn a blind eye, it doesn't really matter to me. Your assumption that "Whoop" has anything to do with "ctag" makes me think you're clueless.
RKTech I was informed that he was selling shares from a Twitter group. I have no doubt that the group members will validate what I said.
Many investors have now learned that Amit is STILL selling shares this week. This is scandalous in the extreme. You can learn everything from this. Why is he STILL selling shares if he knows when the buyer will disclose it? Now is the time to take him down. Game over folks.
I've heard the news isn't even close “few days” to what he stated. So don't expect him to show up this week.
Helx2, do you really think a buyer would tell Cloudtag a date in November, 15 weeks in advance? Considering they’re ready to make an announcement after the recent update? They'd hold off for 15 weeks? Of course not. Stop assuming the best of Amit, he has said he has the date, and there is no way it could be more than 6 to 8 weeks from the most recent update.