Sunday 26 March 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


Cloudtag: FFS Cairn how many times will you take it up the arse before you quit? New Letter sent

By Tom Winnifrith, The Sheriff of AIM | Thursday 22 December 2016


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


And so today we have another revelation, this time from Nigel, showing how the rotters at Cloudtag (CTAG) have once again lied to investors in an RNS. I say once again because we have now lost track of the number of times this has happened. And the lies have been told with deliberate purpose: to pump the share price to allow both insiders and those backing placing after placing to dump stock at inflated prices. This is fraud. Yet Nomad Cairn continues to sign off on these lies issued via RNS, to tolerate CEO Amit lying in podcasts and videos to ramp the shares. So I have written once again to Cairn and cc'd in AIM Regulation

To Liam Murray & Tony Rawlinson at Cairn Financial
cc Marcus Stuttard, head of the Oxymorons at AIM Regulation
RE: the fraudsters at Cloudtag

Dear Liam & Tony

Once again the ShareProphets website has, once again, today exposed your client Cloudtag for lying to investors via RNS as you can see HERE

How many times does that make it that Cloudtag has lied via RNS so far this year? I got into double figures by mid July but at that point lost count. And, of course, CEO Amit Ben Haim has made numerous statements in podcasts and video interviews which we all know to be untrue, indeed which have been shown to be demonstrably untrue.

Your reputation as a Nomad is being shredded by your association with this company. Every day as a new lie emerges you appear to simply lube up and take the punishment. Why?

And every day that this share continues to trade is another day when ordinary investors throw more good money after bad. You, and the clowns who work for Mr Stuttard, have been warned time and time again but your inactions have cost private investors millions of pounds as they have averaged down. As you consider a Christmas of luxury let that be on your conscience.

Chaps, surely this latest episode is the straw that breaks the camels back? I urge you to resign at once and for the clowns at AIM Regulation to wake up and do their job properly.

Best wishes for a Merry Christmas

Tom Winnifrith
The Sheriff of AIM

PS I see that serial criminal Aidan Earley is now backing Cloudtag. far be it for me to judge you by the company that you keep.....


Filed under:


Never miss a story.




This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.


More on CTAG


Comments

Comments are turned off for this article.

Search ShareProphets |


Get your UK Investor Show tickets now here.



Stock market news |



Complete Coverage

New World Oil & Gas

African Potash

Cloudtag

The chairman's blog by Sir Ben Dover

Avanti

Gulf Keystone

Worthington

Highlands Natural Resources

Bearcasts

CloudTag

David Lenigas

Quindell

Tern

Optibiotix

Concepta



Recent Comments |






Site by Everywhen