By Nigel Somerville & Tom Winnifrith | Tuesday 22 November 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.
We wait patiently for AIM-listed Cloudtag (CTAG) to get its fitness device off the production line - if either actually exists. Then it can meet the $5.2 million guaranteed order during 2016 from Second Chance which has morphed into what looks more like an £880,000 expression of interest which might lead to sales some time this year or next, if ever. Until then we can rely upon the death spiral funding package announced on 7 November to keep the company from taking a one-way trip to the corporate knackers’ yard. Or can we?
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