HITS
$50 million from the licensing deal (SaaS) sat in an escrow bank account in Illinois … said he with ‘expertise in risk and regulatory compliance’
When are shareholders going to get their money Amit?
Steelbru
Now I’m no techie, so happy for anyone to enlighten me on this subject re the Onitor Track…
Would one need a said gadget to demonstrate SaaS to a potential buyer ?
I have no clue re this.
Need4speed
‘Amit Ben-Haim has track record as a successful entrepreneur establishing, leading and expanding companies. Amit’s experience extends across various industries as well corporate finance and wealth management. He has expertise in risk and regulatory compliance.‘
Good of him to emphasise his bio… concise perhaps. Duly noted also he hasn’t updated his shareholding as a majority shareholder, so one might presume if necessary he would have addressed this also… ?
Considering imv it would come under the title of regulatory compliance?
AIM4
Fair point.
Though J&J inform (RNS) their shareholder/the market of the millions paid out in law suits. Also when other companies make purchase deals from them… both RNS’d and sums to the value of c£300m. I’ve acknowledged because I’ve received J&J email notifications for past six years.
Not saying you are wrong btw… it’s a point to ponder, also given that Amit suggests the sale announcement would come from said buyer?
B3ast
‘It's this opinion which kept so many people hanging on for years thinking 'why would he bother doing all of this?'. The answer whether others like to believe it or not is money.‘
Of course it’s money. It’s perhaps why we shareholders bought in the first place… to make money.
I dare say, amongst other reasons, it’s why Amit is involved in the first place.
The point of selling shares is to accrue money… whilst he was selling shares he was regulated as anti money laundering officer for SB Corporate Finance.
Whether shares have been sold subsequently from him being no longer regulated, I have no clue. However, I’m unaware of any laws which would prevent him doing so. Happy to stand corrected on this.
Let’s run with this for a moment… Companies need funds to operate, they don’t run on fresh air…
Why keep updating shareholders with progressive updates… ?
Should the ‘local butchers’…
allegedly have IP valued at c$230 million plus a licensing deal worth $50 million… shareholder's from both parties (buyers & sellers) have a right to know, if the buyers are listed… the market should be informed surely?
Cloudtag isn’t limited… forget I said that
It used to be
Steelbru
Cloudtag is a limited company with shareholders, wouldn’t an announcement be required by the buyers if they are listed on the stock exchange
‘Yes maybe they aren't. Certainly throws the J&J rumours he endorsed into the bin doesn't it...
Maybe you have your own theory Trombone about why nothing he's said has come true??’
And there lies the problem where intellectual property is concerned and NDA’s. No one is supposed to know
So explain the 20 plus (progressive) updates (I can’t be bothered to count them exactly) now that he is no longer regulated with the FCA.
If this is all a scam… why bother ?
‘ there is no-one to spot him, stop him or blow the whistle if his actions are untoward’
You’re making him out to be untouchable?
We can agree on the ‘if’
According to a recent twitter post there’s a tsunami of investors who are checking out the ‘if his actions are untowards’
Basically looking for verification, which, all things considered isn’t unreasonable
LSE sort out this site, it’s almost impossible to write or spell correctly with adverts jumping over the screen every second
** thanks
‘Amit will be…’
Tochè
I’m quite chilled yfst
Spike
Giving that the company is under a strict gagging order, aka NDA, how come you know so much of what goes on behind close doors?
Asking for a friend
"they’d likely be fully up to speed re company updates, shares in issue,"
… fibs, truths
You forgot to quote the full sentence !
Perhaps it’s your ‘anger’ which is affecting your ability to read
B3ast
We can read from your posts that you are ‘angry’…
‘ I can't stand the thought he's still making money from this and taking people for mugs.’
Investors can buy or sell, and if ABH is up for the additional administrative/clerical work… then it’s his decision…
Maybe there are investors who don’t much care for being considered as ‘mugs’, and given Cloudtag is a private company, they’d likely be fully up to speed re company updates, shares in issue, fibs, truths…
B3ast
‘ Chimers I know it looks that way but I am a shareholder like many others here’
So if you’re in the same boat as other shareholders, why do you take issue with those who have opposing thoughts to you?
Additionally, why is there an issue if shares have been sold in recent times, is there some law against it?
If shareholders believe too much of the nonsense written here you’ll end up with pack mentality of negativity.
“if certificate holders issued by the company have not had contact from the paying agent by close of business on 2nd April 2024 (EST) you are advised to email the company at contact@cloudtag.com FAO Corporate Share“
If you haven’t already sent your details … then do it. ASAP
Will take your word for it…
1984
“The man who asks a question is a fool for a minute, the man who does not ask is a fool for life." — (Confucius) ;)