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17:00, is amit offering to *buy* cloudtag shares for 1p? - lol!
From time to time some folks post on this chatboard that all the holders wrote off their ctag shares long ago … the current flurry of posts clearly shows that’s not true.
meanwhile, yet another promise made and broken, another deadline missed by cloudtag.
one of the oddest things about cloudtag is that the more promises amit makes and then breaks, the firmer the belief seems to become for some posters that amit must be telling the truth. — i.e. more promises & more failures = more trustworthy.
in pretty much any other context, the reverse would apply (e.g. a plumber who promises and fails to turn our 30 times would not be seen as 6 times more trustworthy that one who only promised and failed 5 times.)
B3ast 16:33: “His writing skills have always been terrible… [ the updates] … are always ambiguous to exact timescales and exactly what to expect.”
in that sense, i think his writing skills are actually very good; i think it’s likely that the update are often worded so ambiguously very deliberately.”
I’ve already suggested one possible update on 9/3 at 19:38. but as an alternative, how about simply:
“The company is delighted to confirm that the agent has now successfully completed their process. In the next stage, shareholders who have not already been contacted directly will be asked to confirm their details via the agent’s portal. The agent has advised that they will provide further information about the portal by [piece of string / next delay].”
On the plus side for EUA, sharebel seems to have stopped posting here. he’s one of the most powerful reverse indicators on these chatboards, so maybe there’s a spike in prospect if he’s left (to spend all those winnings from his “very large” COPL holding?).
Don’t forget, they’ll also need to allow time for pis to state what their various currency preferences are for receiving the payouts. how nice of amit to be so accommodating.
Cheer up young lads, no need to get so emotional - not usually a good idea wrt investing.
only two more sleeps to go until that payment is sitting in your bank account! … how exciting.
17:00, so why do you imagine i would have a different opinion about cloudtag face to face, 1984?
“…the people you’ve tortured on here.”
you’re being a bit of a melodramatic snowflake, 1984investor.
i believe there is no meaningful substance to cloudtag or amit’s promises, and i post that honestly held personal opinion here. if you or others don’t like reading that opinion about amit and cloudtag, (a) you don’t have to come on the lse forum in the first place, do you? and (b) it is very easy and free to simply filter me, and then you would not see any of my comments.
it is amit himself who has been responsible for the very drawn out, fruitless, and arguably cruel, treatment of cloudtag holders over the years, not me.
[slightly off-topic, but just out of interest, would you troll people with mental illness face to face?]
“… why behave that way on here?”
the lse chatboards are for people to discuss companies, BoDs, markets and shares. and that is what i am doing.
as you know perfectly well, lse do not restrict the chatboards to holders only.
if you don’t want to read a share chat forum that has comments from both holders and non-holders, then you don’t have to read or post here. some people who only want to read comments from other holders use platforms such as telegram or facebook — nothing stopping you from doing that.
Amit’s made plenty of other updates making promises of things that would happen by specific dates. but those things then simply didn’t happen, time after time.
i see no reason why this update will work out any differently from all the other ones; i.e. no verifiable, significant payments will be completed, more excuses will be made, and there will be yet more delays, with no clear conclusion / ending.
and yet, amit’s fans and cloudtag enthusiasts will bizarrely, stupidly, continue to profess belief that’s cloudtag will come good one day.
“He made millions here.”
yes, he did indeed. but shareholders didn’t.
I think amit has known what he’s doing perfectly well throughout. i also think he’s got quite good communication skills — problem is, he’s using them for different purposes imv than most pis would want him to.
…. wondering what form the next delay update will take? … how about something like:
“the company is delighted to announce that the agent’s payment process has successfully completed. any shareholders who have not yet received payment are reassured that funds have been set aside in trust, and further updates will be made in due course how to access these.” [speculation only, no inside info claimed, of course!]
… still reckon the key criterion is not whether some vague ‘agent process’ is or isn’t completed, or even whether or not one or more brokers are eventually‘contacted’ —- the only meaningful issue is whether or not cloudtag holders actually **receive** significant cash payments into their bank accounts. all else is just chaff.