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For those with certificated shares I was reading through some comments on a facebook group called onitor pi and one of the admins said she thought there would be a form to download with address and bank details. No details other than that but it would stack up with the normal way of selling shares from a certificate. If it happens then those with shares in nominee accounts should get the funds allocated directly and I would guess be notified through a corporate action.
Hi Tony....I was speaking to you and your wife ***nor. We had our own meeting and got criticised by Tim whilst he carried on with all that shambolic nonsense.
The chinese lawyer was called lily and she followed me back to the tube station as she was lost. Totally a random unjoined up person but she did work for ABH for a while and was probably sent to spy on the meeting........kept saying " I can't say anything ".
Hope your all well and this comes good for you and your family.
Keith
The SAG was run by Tim Ashdown. He believed there was value in the onitor tech and AFAIK they were trying to co operate with ABH who clearly didn't want them interfering.
I even went to the only meeting of the SAG which was outside in Hyde Park by the Princess Diana memorial fountain and there was some kind of cafe there as well.
I'd say the total number of people present was no more than 15.
Some half baked ideas got thrown around and nothing was agreed. I spoke to an Asian guy whose name I don't remember who was on the SAG committee and was a genuine nice guy who knew a lot and really should have been in charge.
This was in September 2017. There had been a meeting with ABH after the delist which included Mr Selfidge ( his handle on this BB ), the infamous Aberdeenman, Tim and others.
Tim was told by someone I know to go after the nomad in a legal claim but he did nothing.
After that I lost interest and wrote it off.
Then there wad the Pre IPO ( oxymoron) cash raise which I had nothing to do with and I was actually thinking I might get something back when it re listed but of course nothing.
I hope this is the end game and we can all draw a line under this for good.
I'm not being an apologist for the inexcusable but I know how easy it is for a technical person to mislead and con a non technical person as I've seen it more than once and it's sickening.
I really hope this is the real deal for everyone's sake but I'm not holding my breath.
Steve Jobs and Elon Musk never invented anything or made any discoveries but they were and are good technical people who took the available technology and put it together into a quality product.
ABH is a businessman/dealmaker/lawyer and whoever was his technical director was useless and made bad decisions. They used contractors and I'm fairly confident that the odious winnifroth must have got the story from a contractor that the onitor was a worthless piece of junk ( which it was ) and the rest is history.
There was no tech in the onitor worth anything as the embarrassingly pathetic trial finally proved.
I've spent most of my working life involved in developing and bringing to market instrumentation systems and there are many times I've thought it would have been easier for CTAG to to have made a product that worked than tell a litany of lies and produce rubbish.
ABH definitely did not have the right people working for him.
He's had five years now to make something with hopefully the right people.
I only say this because it is puzzling why the company wasn't just dissolved and he crept away like many other AIM ceo's who have just used their companies as lifestyle vehicles.
It's true that he has in the past made many millions and so why perpetuate something as a scam for what could only be described relatively as chump change.
It really makes no sense to say the deal is done and we will get around 22p/share along with a finite date for completion.
The sale date could have been made vague but if the 5th May comes and goes with nothing then no one but the deluded would have any further confidence and he would achieve nothing.
That's why I think it's puzzling.
I take your point about flying pigs on Malaysian runways and initially I thought this was all a prelude to another cash raise.
If it does turn out to be a c'mon guys just a bit more type elaborate ruse to raise funds then his reputation already in the gutter will be washed finally into the sewers.
I don't buy the doomsday cult theory I just see this as either an amicable or devious and to some people a cruel end to the whole thing.
Let it play out and we'll see.
If the 5th just goes by with nothing I'd already written this off like most others and so be it.
What I can't understand if that's the case then why would he paint himself into a corner with a date for the completion as excuses won't wash and he'll just make himself look ridiculous and why would he want to trash his reputation further ?
I've tried to think of a reason that would be to his advantage or benefit but I can't .
This would have to be all about Big Data and Big Pharma. The latter is awash with cash from the recent pandemic and sales of their products.
To have the value that has been assigned it's the only possibility.
The DaaP would need to have a licensed ability to acquire data on an industrial scale and that would indeed have value. It would all need to be tied up legally.
We don't know the details which is concerning but understandable if everything is also tied up in NDA's
Just hope it's for real.
I agree about the leopard and spots and I'm also fully aware of the lies and deceit which is why I remain sceptical.
If this was about a fitness tracker then even more so. I just would like to see some evidence that amit has something with value to sell from someone who has spoken to him recently.
For example if he was really trying to sell shares for 1p then it would be an ultimate red flag but I would like to keep an open mind in the probably vain hope that there is truth in all this
Big Pharma is awash with cash right now and Data certainly has a lot of value.
It would be interesting to hear what JDentist thought as he said he had a conversation with him recently or anyone else who has spoken to him within the last six months.
There were many people who talked to him bit that was years ago and talking about the demise of the company from AIM is fruitless six year old history.
It was clear that the onitor tech was useless but data harvesting certainly could have much value.
FFS novum were a company that was prepared to take shares from a placing and it was essentially a done deal.
The NOMAD then resigned with immediate effect and that sent a red flag to Novum who pulled out of the deal.
CTAG could not find another NOMAD within the time limit and was forced to be expelled from AIM
I can't be bothered to read the context but inter alia is a common latin term for " amongst other things "..........it's not rocket science !!!!
From the RNS:
We all benefit by amalgamating our technical data to produce the best outcome for both companies. More data leads to increased geological understanding and lower overall extraction risk."
This something that the likes of Scot do not understand !!
There's no point in arguing or bickering about the semantics. Easier to just wait and see.
I remain sceptical but hopeful.
Predictable and inevitable negative response from the usual suspects.
Rather be here than in PANR with all those convertible notes but failed investment bankers ignore that particular elephant in their room.
It's now six years since CTAG delisted and I have to say I had written it off years ago. For one thing I always thought measuring heart rate with three electrodes placed right next to each other and with what would be an intermittent electrical connection was totally hopeless.
The idea of a smart watch/fitnesst tracker/ECG would have been a great idea and they could have incorporated an ECG with two electrodes measuring the voltage from one hand to the other with an electrode on the front and back which would have been good.
Badge engineering a regular fitness tracker to include an ECG monitor ( many chips that can do this eg https://www.analog.com/en/applications/markets/healthcare-pavilion-home/vital-signs-measurement/electrocardiogram-ecg-measurement.html ) and with a bluetooth link to a smartphone app.
It would have been a lot easier and would have probably had huge sales if the price was 100 pounds or dollars.
Whatever is allegedly being sold has nothing to do with the onitor as it's tech and the implementation was always deeply flawed. A DaaP would be about data harvesting and the value would be in the data.
If there is no truth in the sale I cannot see what possible advantage he would gain by giving a sale date, a price and saying that the money is already in escrow and ready to be distributed on a final sign off.
I'm not expecting anything so if it's true I'll get a pleasant surprise but I just can't see why he would lie about a sale as it would only trash his reputation further.
What do others think ?
After the delist it deregistered from crest.
For those with shares in nominee accounts then any money should be paid to the nominee and appear in your account.
If it does happen and you have a certificate and there are no specific instructions from the company then I'd contact your broker.
Wait to see if it happens first........not long now.