RE: Silicon Labs expands in India .....29 Apr 2026 13:13
Right gizmo before you get a pre-fix to your name, lol, lets consider how CC has evolved.
Before my time when Cyan went on AIM it probably didn't have enough money in the pot, when JC took over he kept wanting to expand and pay himself a fortune, because he thought he was worth it, however we have not made a penny in all these years and he still thinks he's worth it. He kept coming to the shareholders to buy more new issue shares and still no profit, I had 20+ million shares at that time, he then did a 200:1 reduction but still prices were falling, we were in a world were companies had £m and £bn's in bank. At that time he perhaps looking to the future, I think we had 60% PI's, then started to pull in monied men to low SP's issuing them with many millions of shares and warrants, which luckily didn't mature. He totally disregarded PI's and I think we now have 10% of total. He may be playing a waiting game but I think he is just looking after himself and crew.