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Cloudtag and the "interesting" related party deal on Amit's office space

By Tom Winnifrith | Thursday 15 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.


Amit Ben Haim and Cloudtag (CTAG) appear happy for me to call them liars over the events of last week. They have not sued me for libel so let us assume that it is now a given, accepted by all that they are liars. But then for a company that has committed wholesale securities fraud as has Cloudtag, is telling grotesque lies really such a concern? So what to discuss today? Well how about one of the ways CEO Amit takes cash out of the company. The serviced office trick.


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