What a surprise!
Havegun, perhaps it's better to take that stance when he/Cloudtag eventually notifies and pays someone. Just my thoughts. It's all happening tomorrow anyway, so no need to filter anyone, anymore!
Nothing will happen. No contact will be made, and we'll be back in the same old cycle. How many times has contact been stated now? Notice how they never name any names?
Which 'regulator' I wonder.
Haven't we had a few 'final' updates before? Anyhow, 'the initial tranche of notifications', didn't they state in an early communication the following:
19th January 2024
As mentioned at the time, there is an important but complex part of the process to notify all shareholders at the same time given that a link is sent to establish payment. This is relevant given the range of investors and their various currency requirements and to ensure that no one is disadvantaged by a lengthy notification process.
Roll on Friday for the next excuse.
Hopefully, the radio silence just confirms it's over now. No more 'updates' stating any sale/any payment/anything full stop. Who was behind all that I wonder?
5 weeks since the last update for a 'matter that was largely resolved'? Stretching it a bit I would say.
At the end of the day, a poster can block the poster/s which they don't want to read others' comments. It's a free-speech forum to post your point of view – not specific to either side of this argument. The facts are simple, after many Cloudtag updates relating to the promise of 'payment', but as yet, nothing, not even after months/years of updates stating payment would be made, I wonder why? Paying agents are either inept or there is no sale and nothing to pay. If they don't pay anyone based on those updates, then the answer is simple, surely, nothing has been sold and there are no funds for any payments.
Think we’ve had the last update? The End.
For...
"The matter is largely resolved and once the Paying Agent has concluded its work, notifications will commence."
What a joke. How can anyone take the guy seriously?
Nothing is forthcoming as expected.
26th April 2024
Further to the update of 17th April, the anomalies relate to paper share certificates issued by the Company in 2018 and very early 2019. The matter is largely resolved and once the Paying Agent has concluded its work, notifications will commence.
'LARGELY RESOLVED', AND YET HERE WE ARE, NEARLY ONE MONTH LATER, AGAIN. HOW MANY MONTHS / YEARS DOES A 'PAYING AGENT' NEED? A LOT I GUESS IF THERE'S NOTHING TO PAY OUT!
"Let’s see who the agent is and when they were formed should this ever get that far"
Unlikely. Given any details 'naming' anything to date has been untrue (Hugh Risebrow / CIBC bank for escrow funds etc). These details were swiftly deleted when examined further. The Hugh Risebrow episode in particular stands out as it was blatantly false, and he released a statement confirming that.
Over one year ago...
16th May 2023
Further to the updates of 30th March and 4th May, the Company confirms that the distribution by appointed agents of the combined proceeds from both sales will commence after the announcement of its DaaP sale. DID NOT HAPPEN.
Distribution will be made directly into nominee accounts where applicable. Those holding share certificates will be contacted by the agents post announcement to provide their bank details. The agents will provide any necessary documentation. DID NOT HAPPEN.
The announcement for the Company’s DaaP sale will be made by the end of May 2023. DID NOT HAPPEN.
Then...
14th March 2024
Further to all recent updates, we reconfirm that various UK brokers have already received notifications from our paying agents. We do not control the time-frames in which brokers contact their nominees. DID NOT HAPPEN.
Why don't they (Cloudtag website) name the list of brokers they contacted so shareholders can verify this? They can't, can they? They could highlight the broker with the supposed discrepancy, but they can't do this either as there isn't one, and none have been contacted.
21st November 2023
Further to the update of 2 November 2023, the Company is pleased to confirm that the appointed agent for the distribution began its proceedings on time, during the week commencing 13 November. Shareholders are reminded that the process takes around 5 weeks to complete.
20th May 2024
NOTHING. NO PAYMENTS. NO CONTACT. 26 WEEKS LATER.
(Remember, patience is a virtue. Habitual lying is not)
I would ignore anything Helx2 and Whispering have to say here now. If no one gets paid a bean come December they'll still be singing Amit's praises, why, ask yourself? Wouldn't surprise me if a new poster pops in soon backing Amit.
Seems quiet on Amit's side, is he thinking carefully about what and how to update, given it will be 4 weeks this Friday since his last anomalies update? If more excuses are coming our way, then we can assume the money in the escrow account and sale funds never existed in the first place.
Does anyone else think Amit has run out of ideas for updates and reasons for non-payment? I think the 'paying agents' delays (anomalies) aren't plausible anymore. Can't wait to see the next update, if one is forthcoming!
"Including reassuring updates to shareholders stating licensing fees are with the paying agent."
Reassuring? I will be reassured when/if – he/they ever pay anyone. This paying agent has been involved (apparently) for months now, what aren't they doing that needs constant updates to vindicate them?
Just updating the subject before it's released!
"Looking forward to the next update re the first impending payment."
Like the last one, and the one before, and the one before, oh, and the one before that?
Next update, another delay. I call it a delay, but in reality, it's not is it, as there's nothing to delay.
"Could always be one of the crowds that bought either of Amit & Shlomo's previous ventures... I'm sure we'll find out soon."
Deluded and an ever so slight whiff of Amit's reasoning mouthpiece.