Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
HITS
“The only evidence to support a positive outcome can be boiled down very simply to "Because Amit said so"... and the plausibility of this is not supportable by any inductive reasoning. Therefore, back to David Icke and the Windsor multi-dimensional lizards, I'm afraid.”
Regardless of whether one chooses an illuminati conspiracy theorist to make a point, or inductive reasoning to dispel any reasoning…
My view is, we are at the end of the line HITS… simply “because Amit said so” within the last two updates… that agents are almost ready to notify shareholders then brokers. No one would actually be here discussing if we didn’t think this could be a plausible outcome… would we now? (It’s why many invested in the first instance)
We’d write it off and move on surely?
“Whispering, what’s that got to do with whether or not *cloudtag* is a genuinely very valuable commercial entity?”
You can’t prove it’s not Spike… you’ve no evidence
Or have you? Do tell…
Spike
“Helx, you’re entitled to your own opinion of course. if you think that time doesn’t matter, that’s up to you …. but me, i think if you are trying to make an argument about someone’s business credibility, then i think it does matter what, if anything, they’ve done in the last twenty five years. “
Sticking with probability also hypothetically speaking… because it’s what we’re all doing to some extent…
If I had a brother like Shlomo, and invested in all of his companies I could be loaded by now… (plus co founder of biosense…) all seems like pretty good business acumen to me… ?
Just saying :)
HITS…
"...a logical impossibility to prove a negative..."
The probability of an occurrence is the chance that it will happen…
Probability = total number of outcomesnumber of desired outcomes… Of which the only measurable instrument shareholders have are the number of recent updates concurrent to a pending outcome.
Hypothesis = A hypothesis is an assumption, an idea that is proposed for the sake of argument so that it can be tested to see if it might be true…
There isn’t anyway to verifiy, prove or disprove.
So why the hell is Amit still dishing out updates… ?
Over the years he’s accumulated a fair few millions of shareholders hard earned… certainly more than enough to keep him in the life of luxury of a good few good bottles of Bordeaux, also a few boxes of Cuban cigars (going by twitter) to kill himself off with cirrhosis of the liver, also CPOD…
Nevertheless … paying agents have the $50m ready to payout shareholders. According to the most recent updates.
Why can’t you see this isn’t about arguing black is white, or trying to prove anything HITS…
There simply isn’t anywhere else to go… we’re at the end of the line…
Not really 1984, many don’t allow it to be an impediment
HITS , sorry for the late reply…
“For the record and having long been a fan of devil's advocacy as a significantly enlightening tool, my POV is that opinions of others - and especially counter-opinions - are potentially the most useful opinions of all...
… BUT ONLY if backed up by a) reason and b) evidential justification. Otherwise they're just facile contradictory noise and don't represent "balance" in even the slightest way. “
The fact of the matter is shareholders have received updates which suggest the status quo of the company (I’ve said this previously) whilst at the same time also states the company remains under a strict non disclosure agreement.
The controversial opposing opinion of quite a few is that the company is a fraud. Now, I have seen no evidence or verification to prove either, and whilst absolutely taking on board the regularly spouted disgruntled opinions of others - (including totally a unnecessary tantrum, of self ‘pitying’ untruths, by a n other who regularly likes to dish it out to others in the manner of snide, rude and belittling rhetoric, whilst belligerently breaking LSE rules. Perhaps some folks think dyslexia represents a lack of intellect? Auto-correct and spell check are a god send… paragraphs come much easier).
So with this in mind, for reasons (I’ve also explained previously) given that I’m ‘hoping’ that there is at least some integrity - I’ll stick with the company updates on the website from the CEO - whose duty it is to keep shareholders updated. Whilst ‘it regrets previously providing information on timescales in good faith that have not transpired’.
“a) reason and b) evidential justification.”?
Whilst I had no qualms in respect - that many have made reports to the SFO also Action Fraud… as of yet no one has reported of any investigation/feedback?
To me, there is no clear evidence of any fraud committed … Or on balance, that shareholders have been contacted by the paying agents... well, that is, I haven’t.
For clarity I am pro my investment. Though prepared to write it off if a conclusion, or clear explanation of delays aren’t forthcoming in the near term… because quite frankly, I’m sick to the back teeth of it all.
I respect the opinion of those whereby writing this off isn’t an option.
I hope this goes some way to setting the record straight, within a logical manner
Enjoy your weekend y’all :)
“fools talk, cowards are silent, wise men listen'
& it ain't too difficult to work out which we are. “
“Would be interesting to hear something more substantial than ‘i feel it in my water’…” Dougb189
Are you really sure you want to hear (?) given your recent prolific postings, are you really open to the opinions of others, do you really want a balanced perspective … No?
Re stalker - we both know that given past conversations this absolutely isn’t the case.
Though should you carry on berating folk within the manor in which you have today, then I’d imagine the filter button will be well used. Then you can be full of your own convictions to your hearts content … perhaps it’s exactly what you’re aim to achieve?
I am not a fraud, nor in Amit’s corner, though I recognise similar traits between you both.
He knows my thoughts exactly, without uncertainty!
Perhaps a walk out within them Scottish hills will enable a readjusted “wobble” to the head.
“Opinionated people are never celebrated… are they? “ [moi]
Dyslexic… perhaps - well yes - though I try not to let it hinder
Intoxicated… No.
Shame on you
“Whispering and has St Vincent's ratified that to be legitimate and verified the company is active/trading?”
B3ast
You don’t really need me to use my two brain cells to process this for you… pretty sure you can do it all by yourself. The book was closed 7th September 2023 (because why)… going by the website updates. It’s completely your choice whether or not you want to apply logical reasoning in respect or believe…
I got a replacement certificate, so I’m on the register… I’ve assumed :)
B3ast
I misplaced my Cloudtag share certificate from when I bought in the pre ipo in 2018. The company was registered in the Cayman Islands at the time.
I requested a replacement certificate in 2022. The certificate states;
CloudTag Inc,
Registered in St Vincent and the Grendines under the International Business Companies (Amendment and Consolidation) Act with Registered Number 23232 IBC 2016
Never mind the egg, it’s not necessary
I hope this helps :)
And… the advantages Spike of being registered under the umbrella of St Vincent perhaps allows the company to continue any kind of business growth, research and development financially assisted (or not as the case maybe) under a non disclosure agreement… for the benefit of any parties involved (or not, as the case maybe).
A thought for you today… I have an understanding of St Vincent articles of association (kinda think I mentioned previously), and the differences to the articles of association of a listed company. I think many here do, don’t insult one’s intelligence
Right, I’m done with you now Spike, your endless rhetoric drains every sap of chakra…
“significant shareholdings”
They’re on the Cloudtag website
My understanding Spike, St Vincent Articles of Association (which the company is registered according to the website) aren’t too different from a public company still trading on UK’s AIM market.
St Vincent - Article 43 - refers to- The Directors may in their absolute discretion refuse to register or transfer any shares … in line with said article 43
You never fail to try and antagonise also mislead. It’s perhaps worth remembering shareholders rely on Amit being transparent - via the website, it’s his duty as CEO. From my observation updates have relayed the company’s status quo.
“also, although the company has previously announced it would not register share transactions between third parties, so far as i am aware there would be nothing to prevent the company from changing or suspending that policy, and so far as i am aware there be no obligation to report any such change to shareholders.”
I disagree, shareholders should be notified of any changes which were made in past updates. For transparency
“So over $275M has been spent and yet to date there is not one single peep of acknowledgment, not one single listing anywhere, not one mention that these 2 clients had then purchased 0.25 of a Billion $’s worth of commodities ?”
Which may then suggest said buyers aren’t ready to make an announcement to the market for whatever reason?
Then Amit should make this clear to shareholders instead of re-hashed updates, also said anomalies with the capital share book, which one could read as collectively being delaying tack-ticks?
Spike
I couldn’t be bothered to reply late last night, though here you go now..
“re whispering’s 18:40, even if the ‘book’ is indeed closed, and cloudtag is being scrupulously careful not to sell new shares over and above that supposed issue ceiling, whispering seems to be ignoring the possibility that amit might still make plenty of money from selling shares to pis from his own existing stake, even if no new shares get printed by the company itself.”
‘28th July 2022
Further, the Company confirms that from July 29th 2022 it will no longer give approval for the secondary transfer of its shares between third parties in line with Article 43 of its Articles of Association’
Going by the website Amit/the CEO is still a majority shareholder.
“(credit though where credit is due : you ain’t a regular on the amusing late night burgundy whine o’clock sessions)”
Unlike you to give it a miss Dougie, perhaps Prof Shlomo Ben Haim has delivered some a sobering message… is certainly my interpretation
** rattling your cage
Nonsensical Spike…
Clearly I keep ratios cage
Hi Jayne
Thank you for your post trying to seek some kind of validation re ctag with HL. Many here will demonstrate their confirmation bias, either by trying to validate their reasoning by searching social media… or recommending ones post… When in actual fact the buck lies solely with Amit.
Disconcerting is that he confirms via the website anomalies with the capital share book from 2018, early 2019.
He really needs to get his act together and give shareholders the conclusion to which he dictates.
Thanks again Jayne for your efforts :)
Canaries
@16.42
Well … that sure is some hypothesis
I agree, seemingly there’s plenty of folk with an axe to grind
7th Sept 23, the book was closed, c100,000 remaining shares, there’s no law against selling available shares as far as I know? Should there be a willing buyer, risk v reward…
Subsequent to the 7th Sept 23. You’d think having made millions he’d have slunk off by now and just not bother updating the website… with alleged fabrications ?