Member Info for Spikeyj

"To be fair...22 Nov '18" --- posted by HITS....

"...there's a pseudo hush hush rumour being pumped round the Twittersphere and the long-suffering CTAG PI closed user groups that CTAG has allegedly agreed a JV with a medical company - and that therefore good things are about to happen, delivering great rewards to investors. This rumour is usually accompanied by insistence that this "news" should be kept quiet and not revealed to any "derampers...

I have three comments on this:-

1) The rumour presumably started with CTAG itself, which has already managed to secure lots of PI investment inn the past on the basis of announcements that were meant to be far more than rumours. On "guaranteed and irrevocable" $5.8m hardware orders... on being about to be ranged by Amazon... on having started mass production... on needing to build a new runway... etc etc yadda yadda. People may judge for themselves how much credibility this latest "rumour" has...

2) I simply don't understand this "Ssssh! Keep it quiet! Don't tell the evil derampers!" nonsense? It calls the whole veracity of this latest "rumour " into further doubt. CTAG isn't tradeable - and hasn't been for over 18 months - so why would anyone want to de-ramp it? What'd be the point?

In fact, since ABH got the last "pre-IPO" fundraising away at the end of August this year, there's also no point ramping this currently untradeable stock either. Unless of course another "pre-IPO" buy-in opportunity is all of a sudden about to be magically and mysteriously presented?

3) I hope my personal cynicism is entirely misplaced and that this latest "rumour" is in fact true (I just won't be holding my breath)"

-- and here we are again?

fair enough, i had seen you talk about an 800,000 (£8K) pre-IPO
amount before, but happy to accept i may have misunderstood
you. (perhaps you were referring to another poster's top-up?)

you have very specifically stated before that you increased
your holding by ten times in the 'pre-IPO'. so when you did
hand over that hard-earned cash, who was headlining the
fundraising, & what credible commercial substance was there?

... am asking because although you state at 10:46 that punters
would only pump in more dosh depending on who headlines,
and on credible commercial substance, you yourself appear to
be the living proof that they can lure at least some peeps to cough
up more money without any credible commercial substance.

after all, you've clearly stated before that you knew it was amit
himself soliciting the funds in august 2018, and that you put in
more money on 'complete and utter blind faith' . (strangely.)

just going on what you posted previously, dougal.

... are you saying now that you did not take part in
the pre-IPO, or handed over a very different sum?

if you did invest something, who was headlining
that fundraising, and what credible commercial
substance or commercial partners were there then?

dougal, you've indicated before that you put
in an extra £8,000 in the 2018 'pre-IPO'. so who
was headlining that fundraising, & what credible
commercial substance was there back then?

(putting it another way, far from wishing the existing
shareholders to suffer pain, i would prefer it if innocent
but gullible punters were not persuaded to lose even more.)

strongman, i have no reason to wish, or rejoice in, any pain
for ordinary shareholders, although i think the painful end
has already happened. -- i would quite like that amit and
his associates get their just desserts, but unfortunately i
think that is vanishingly unlikely, given the nature of AIM,
& even more so privately listed cayman island companies.
they got away with it, but still might try to get some more.

your memory is deficient re my posting history on lse.

yes, very vocal & supportive, but without actually
giving any meaningful data / information/ links etc.
to back up their faux matey 'optimism'. ... the most
that they seem to offer is the idea that some of them
have been chatting with amit. (yikes!! ... on the whole,
if amit said A is the case, then i would assume Z is true.)

it seems that a few LTHs were encouraged to
put in more money into 'pre-IPO' via grooming
in private twitter / whatapp groups or similar...
membership of such groups can be carefully
controlled to exclude any meaningful doubts,
to help maintain the illusions being constructed.

but now that money has been squirrelled away or
spent on maintaining the insiders' lifestyles, they
probably want to tap up those same LTHs for yet
more. and so there is a need to try to create a
positive buzz on the board, & dismiss sceptics.

? how about, buyout by a marvellous new company,
let's call it 'amitsfriendsothercompany' for short,
based somewhere with minimal disclosure rules,
with CTAGers being offered paper in this shinynewco
in exchange for their old shares (i.e. a paper 'buyout')
but with the lucky, lucky opportunity to double up
their stake at a low, low price, by putting in some hard
cash into extra shares in 'amitsfriendsothercompany'?

other variants possible, of course.

i am simply curious whether
they will find a way to persuade
some punters to cough up again.

(i am wondering, for instance, whether
this touted 'trade sale' might turn
out to be a swap for paper in another
company run by one of amit's mates.
-- or indeed, amit wearing a fake tash.)

i find it fascinatingly bizarre
that some folk still have any
faith at all in amit after ctag's
truly appalling track record.

that was when the nomad resigned.

when whetstone was suspended, britdaq announced
that they were cancelling trades that had recently been
made but which had not actually settled at the point of
suspension. there had been quite a flurry of trades in the
days leading up to suspension, pushing price well down,
including a fair few on 13th and 14th june which would
not have settled. - so presumably if britdaq allow matching
on their platform again, whoever was trying to execute all
those trades may well want to execute those trades again?

interesting link, thanks aphrodite.
puts funding issues into perspective:

"How about the gas development? “It would cost $250Million to fund the gas project, so it is not a priority”.

sometimes doug, there is no fire to
go with smoke, just loads of mirrors.

i burnt a piece of toast this morning,
and as i buttered it the pattern was
something like the face of amit. & lo,
yet another sign that it will all be fine.

and then as i walked along the street,
i saw a dog crapping, and the turd
that came out coiled into, yup, you've
guessed it, the shape of amit's face.
-- so that must mean a trade sale, right?

do you think the cheetah
has changed his spots ?

final countdown.

... yet again.

i suppose it was remotely possible that you
had some additional basis for your 'targeting'
beyond just picking one of the "rumoured dates"
at random. ( - how well do rumours tend to work
out for ctag shareholders, reviewing the history?)

400K won't last amit long.

he'll be back for more from
anyone daft enough to pay
up again for his lifestyle.

if they ask you to put in a
bit more cash, dougal66,
just to help get the buyout/
relist/whatever "over the
line", would you cough up?

not so strange, dougal, for companies
at this (lower, murkier) end of the
stockmarket. --- company directors &
related insiders, brokers/advisers, & the
side kicks who help to push the stock
to retail investors tend to do OK, while
the pi punters who put up the money
to buy into the ordinary shares lose.

that's a pretty ordinary story for AIM.

ctag is simply a bit more pronounced
than some other AIM shares in the
brazen audacity of its operation, with
so very, very little substance to the biz.

dougal, there already have been winners and losers.

amit & his mates won. (&, i guess,
a few shills picked up sweeteners.)

and shareholders lost.

... a company that sucked up shareholder cash
for years with *nothing whatsoever* to show
for it in terms of any product, contracts, exclusive
technologies, loyal customer base, or owt else.

... a company that made announcements
that turned out to be utterly unfounded.

interesting that the shills seem more active at
the moment -- perhaps more cash needed soon?

and of course,

dougal66, 8th june
"Definitely last post here."

dougall66, 14th july
"I have never been in the Madoffseque camp"

dougall66, 21st june
"And this from someone who is FCA registered. He couldn’t get closer to the Madoffesque theme if he tried.
9.4m in 2 1/2 years for lies. He should be sharing a cell with Bernie."

dougall66, 12th june
"I wouldn’t trust anything this FCA registered individual says unless it is backed with with strong and credible evidence.
And to think I coined the word “Maddoffesque”. Nowt like biting you in the bum with that one."

dougall66, 7th june
"This is probably my last post on the CTAG BB"