RE: Notifications5 Apr 2024 14:35
Re 14:16, no definition has been provided about what it means to claim that the ‘book is closed’. whether true or not, it could plausibly be a claim that the company itself will not be issuing any more newly created shares — but if that’s what it means, it absolutely would not preclude amit himself from choosing to sel existing shares that are already owned by him to others —- that would not require any ‘new issuance’.
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… taking stock, after 5-6 months of amit managing to drum up some excitement and anticipation amongst the faithful by trailing some pretty specific timelines and dates when people were going to be paid, after the last update he has effectively reset the clock back to square one (zero?) where there are *no specific dates at all* by which cloudtag is still promising that x, y or z has happened.
…. now just back to thanking shareholders for their patience, working hard, coming soon, blah blah, but all those specific dates and timelines have just faded away, as though they had never really been.
… means there will be scope to restart all that again, from a new start point, with an update promising something more specific about dates and deadlines … rinse and repeat.