Member Info for Ppet

Agreed! He absolutely shouldn’t get away with it!

I wonder if he will continue consulting CDL and getting paid handsomely for it, as this is what he has been doing all along. He has only resigned as a Director and a CEO but no mention of terminating his consultancy services. If he has just put another person at the helm but still remains and continues his consultancy work in the background, that suddenly doesn’t sound like a great change, IMO.

Yeah, that must be it! The shareholders talking the price down!

Nothing to do with the poor management and the silent and absent CEO!

Of course, that goes without saying! But insider buying also helps enormously, especially where the SP keeps sliding.

One of my NYSE holdings Sofi was falling like there is no tomorrow and looked like there was no stopping it but the CEO bought twice and the SP not only stabilised but with some extra tailwind, it is now up 25% in the last two days and helped me break even and sit well in the blue now. That is what I meant and I was only speaking from personal experience.

Bond needs to put his hand in his pocket and buy some shares at this low price. Insider buying always helps a bit!

I emailed him a while ago asking the for the same but quite predictably got completely ignored. Far too insignificant to even acknowledge! Our money was good enough to take but when it comes to accountability, he doesn’t owe us anything like that!

Where is the CEO though at times like this! He needs to be visible, to hold interviews, as the only thing that is going to drive this stock is news, updates and insider purchasing. Does anyone know what he is doing at the moment or can we assume that he is on his summer holidays and there will be complete radio silence for a few months.

I have said this before but I think the CEO needs to buy some stock and fingers crossed this may steady the fall. We have all seen this work with other stocks, except our CEO does not seem interested.

I am struggling to understand why would anyone be selling at these all time low prices. This is the LSE and the stock won’t get delisted, regardless of how low it falls. I know it looks rather bleak at the moment but selling surely isn’t going to help.

Yes, they couldn’t have been more fickle if they tried and I am certain not many investors take them seriously. I used to pay attention to what they recommended but as a result I am nursing heavy losses on their recommendations, so NO MORE!

Don’t trust them one bit!

I agree! What’s even more sad, is that not only the CEO but also the market has given up on this stock. Only 2 trades for a whole day of trading, a clear sign that there is zero interest from investors. If the CEO had any faith left in the company, he would be buying now at these low levels to inspire confidence. Except, he is in hiding and nowhere to be seen or heard!
Very poor!

I can see your tweet got completely ignored by CDL but did you honestly expect them to engage.
After all, Kyler Hardy is too busy ‘consulting’ CDL and syphoning off even more cash out of what’s left in this doomed venture.

Brave man! I find it depressing enough as it is, to watch my current investment disappear in front of my eyes!

It looks like the market has lost interest in trading this completely. Only a single trade, half way through the trading day. If it only takes a single Sell trade to drop the S/P by 4%, surely it should only take a single Buy trade to increase the S/P by the same amount. This is how ridiculous the volatility is here, as the market can’t even be bothered to trade this share.

Recent Share Trades for Cloudbreak (CDL)

Date Time Trade Prc Volume Buy/Sell Bid Ask Value
25-Apr-23 09:01:11 0.60 2,273 Sell* 0.60 0.65 13.64 O

It’s a simple decision for me! They are not having anymore of my money, given the current cash burn rate and forever reducing cash runway time. Averaging down won’t work, as you will incur further losses as soon as they issue further shares to raise cash and we all end up diluted even further.

I wish! I am 92.86% down on my original investment. Surely, it’s going to disappear completely soon, given the rate at which cash is siphoned off for so called Consultancy services by Kyler and friends!

12.86% down as we speak. Does the market know something that we don’t!

That is how he gets access to our money and pays himself handsomely, via a Consultancy company! How else can he take cash out of a failing venture, which this is very much proving to be. Also, don’t forget his last purchase of shares last year was at 3p, so he needs to make up his losses, poor man! Never mind the rest of us, not his concern obviously!

Absolutely gutted with this, another 6.60% down this morning! Will it ever stop falling for one day, just to give us a break???

The results didn’t inspire much confidence, hence the market is very unforgiving this morning!