Member Info for Spikeyj

B1ll, today’s opening price, 21:21 at 21.35.

… shoulda lifted the offer side, B1ll.

Perhaps. but i am not so convinced that the st vincent authorities have a particularly strong track record in relation to such matters - and they are, presumably, the relevant body?

Antha 14:43: “Everything will be revealed one day I’m sure.”

? do you really think so, antha? - me, i think that’s highly unlikely.

12:47, james, don’t mention sexual desserts to mr_w or the chat might get a bit too spicy for admin’s taste, as it were. we’ve already heard about kitchen exploits before.

B1ll, getting a bit down to the wire … i’ll still make you a two-way, currently 21:15 at 21.28, but only good to deal ‘til 20.00

(Price not good for the welcher, his credit risk is too high to trade with)

B1ll, i make you 21:13 bid at 21.28 offer.

If one had to guess which of glencore vs marandmel are likely to be better overall at understanding and predicting nickel markets and mining project economics & risks, me, i’d guess glencore probably have a bit more experience and expertise in that field than marandmel.

Nowt much to say, rob. …. far as i can see, it’s just the same old, same old.

i.e. various reported promises / updates etc from someone various peeps think is amit. but still no independently verifiable public domain evidence that there’s any substance to any of this.

in particular, it seems nobody has actually been paid yet, despite all those promises in all those updates.

(personally, i find it rather odd that anyone still believes in this, after that ludicrous £/$ payout choice update just before xmas.)

Added, small.

20:37, however, i doubt amit is that bothered, since he’s already made absolute shed-loads of money out of the long-running cloudtag game. nice work if you can get it.

Ah, just received a sneak preview of the next cloudtag update from my top secret london contact, aka the ctag whisperer:

https://www.youtube.com/watch?v=OjzKiEs_pHI

“… not a single mention of broker contact…”

moreover, not a single mention of the fact that the paper cert holders were told they would have have ‘notified’ by now, and yet it seems that none of them at all have been. not a single even glancing acknowledgment of that.

The funny thing is, *if* the money had genuinely been in CIBC bank, but now had been withdrawn and handed over to the paying agent to distribute, then surely there wouldn’t have been any need at all to tamper with / edit the previous update where CIBC had been specifically named.

… i.e. that march update could just have been left entirely unmodified, with today’s update saying that the funds have now been moved out of escrow….

so it is very strange, and unexplained, why amit felt the need to go back and retrospectively try to make an existing historic update seem to say something different than it originally did.

***

taking a wild guess at what the next update might be, i am imagining something like:

“company is delighted to say that at the request of certain shareholders there will now be an additional option to receive the payout in the form of rocking-horse poo, for those who do not want ££ or $$ … so there will be a short delay while the paying agent sources the necessary quantum of rocking-horse poo from the north pole. the company expresses its gratitude to shareholders for their passivity and remains under strict ‘don’t pay anyone and don’t tell anyone anything useful’ agreements.”

“… you’ve got idiots contacting the bank for what …. verification that there is $50 million in an account …”

seems like one of the more sensible things that peeps can do, in the circumstances; attempted reality testing of claims being made, and highlighting (possible) irregularity for further review by folks likely to have more info/leverage than ordinary pis.

(me, i do not support the idea of people contacting / harassing amit’s family members — keep it professional, keep it business, keep it legal.)

Re 14:12, - ? why on earth should shareholders in cloudtag take any reassurance that amit also happens to be the sole director of SB Corporate Partners, an entirely different and UK based tiny company, with little or no visible activity, with deteriorating finances which seems in/ on the edge of technical insolvency, going by the accounts at companies house?

whispering seems to be trying to imply that SB Corporate Partners is being used to raise funds for cloudtag …. there is no evidence at all to support that assertion…

but more to the point, given that amit has repeatedly claimed that cloudtag has already successfully fully *completed* deals to bring in more than a quarter of a billion dollars, with $50 million supposedly in escrow already, then why on earth would cloudtag be looking to a poxy little one-man band in london to *raise* money for cloudtag??

if amit has been telling the truth, then CTAG should be *distributing* cash, not *raising* it.

(i used to deal with maxwell. he was genuinely very clever, experienced and v expert about FX derivatives including related legislation … but i always had to count my fingers after I shook hands with him!)

Re whisperer’s 09:43 …. if a pi finds if reassures them in some way that a CEO is “legitimate” by taking at face value something that CEO chooses to say about themself, then of course that’s the pis choice (and also their risk.)

maxwell claimed to be honest, meticulous, reliable, expert about financing, law & regulation. so too did bernie madoff, & so too did charles ponzi. but it would have been a very serious mistake indeed for a punter to look at madoff’s CV, prominent positions he had occupied, expertise he claimed etc, and then for that punter to assume that those things demonstrated that madoff was “legit”.

amit claims on his cloudtag website that he has “expertise in risk and regulatory compliance.”

well, big whoop; amit has also claimed all manner of things through various updates on that same website which have turned out to be utterly untrue.

but it’s not “expertise” that needs to be primarily in question, imv — it’s more about *honesty, integrity, reliability*, and delivering on promises ethically and efficiently. someone could genuinely have a lot of “expertise” in a certain areas, but then still choose to ignore or even misuse that expertise for their own ends.

madoff did genuinely have lots of high level experience and expertise in relation to investments, bonds, stocks, regulatory structures etc etc… but he actually used that expertise to confuse and mislead others in criminal fraud for which he was convicted. similar history re nick leeson, who was actually v knowledgeable re regulations and expert re compliance frameworks re derivatives, and used that to conceal his mis-deeds for as long as possible.

cloudtag itself is *not* a UK company. it is not regulated from the UK, and does not have to obey UK legislation or governance requirements.

whisperer specifically tried to argue at 16:36 on 9/4 that amit would have deleted the CIBC bank details from that march cloudtag update because it was “More likely a breech of regulations”, rather than CIBC telling amit to remove their name, as Antha had suggested.

— but that’s absolutely nonsense; cloudtag only needs to obey st vincent regs (if it is still registered there!), not UK ones.

and there is nothing at all in st vincent regs which would prevent a private company registered there from choosing to say which bank(s) it was/wasn’t using for deposits, escrow etc. … or indeed saying which ‘agent’ it was using to distribute monies to shareholders.

amit’s past or present involvement in SB corporate partners, and any previous dealings with the UK FCA has no bearing at all on what regulatory requirements the private, unlisted, *overseas* registered company called *cloudtag* needs to obey. — it is deeply misleading to suggest otherwise.

I am indeed playing the subject —- but it’s pretty limited, frankly, since there is no evident substance at all to cloudtag (and never has been, imv).

so subject (1) is a easy one — i.e. to what extent would st vincent regulatory requirements prevent amit from saying which bank (if any) cloudtag as a private unlisted company is using as its piggy-bank?

& subject (2) is simply about the various updates, messages and games that amit appears to be using to try to keep pis believing that there is any genuine substance to cloudtag.

[subject (3) *should* be about cloudtag’s genuine corporate assets, activities and prospects, but not much point in discussing such, since there has never been any independently verifiable public domain evidence that there is any commercially significant and viable substance to cloudtag at all. — so in the absence of such, we can just chat about (1) and (2). …. there is not much point talking about UK regulatory requirements, FCA etc, as cloudtag is *not* a UK company.]