Cloudbuy Share Discussion Threads

[geheimnis2] 25/5/2017 14:42

simply because there would be additional funding coming in alongside any other equity - but at a 20% discount does not mean others would not wish to invest

[chuffer2] 25/5/2017 14:37

zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz,waste of space Tara

[duncandohnutter] 25/5/2017 10:58

I thought that to get them at 1p Sella had to wait 10 years and for the company to default on payment?

However, as far as I can see the Sella deal makes this uninvestable.

I do wonder what the business is actually doing. Besides funding Bonnie and Clyde's mansion.

[troutisout] 25/5/2017 09:23

That's a little bearish, they have obviously stretched out the cash so far, but this will probably last them until year end.....

However that is it then and they will need more money, they won't wait until the last moment as that plays into the hands of Sella. But then it is already in the hands of Sella, remember he gets shares in any placing at a 20% discount to what anyone else will pay. So why would anyone else take part if a major holder who already has so much control over the Company, can get the same shares at 20% cheaper.

Looks like a race to the bottom and the only likely outcome would be Sella making a bid...

[duncandohnutter] 25/5/2017 09:14

2016 results cash
1,035,826

Turnover
1,714,491

Costs
6,188,336

Reduced by 180,000. Thanks Johnny, that's your biggest contribution to the success of the business.

Monthly cash burn
357,820

Sella
1,475,700

Total cash
2,511,526

Months 7

So bust in August?

[a2584728] 25/5/2017 08:17

12 months salaries for Bonnie and Clyde

[chinese investor] 25/5/2017 07:46

"cloudBuy, the global provider of cloud-based eCommerce marketplaces and B2B buyer and supplier solutions, announces that pursuant to the Financing announced on 24 March 2016 (as defined therein), the final GBP1,475,700 of the total GBP5,750,000 funds available has been drawn down under the interest bearing loan note instrument dated 8 April 2016 (the "Agreement"). In accordance with the terms of the Agreement, the Company has issued 535,462 convertible and 940,238 non-convertible loan notes of GBP1 each to Robert Sella."

[troutisout] 25/5/2017 07:37

I'm surprised it has taken this long, down to the last £1.5m now. It needs a fundraising before they can sign off accounts....there is no way they will have enough money to claim a going concern after another 6 months of cashburn......

[chuffer2] 24/5/2017 17:03

It looks like your resident Mr Dixon is in no hurry to pay above 3.75.
Why should he as he looks like he's in bed with Cloudbuy and for as long as their websites don't add and with no information forthcoming from Canada or the PHB'S OR CCG's he's happy to just mop up.imo

All smells a bit fishy doesn't it???

[chuffer2] 24/5/2017 15:17

13. Additional information:
------------------------------------------------------------- ---------------------------------
14. Contact name: Mark Dixon c/o cloudBuy Investor
Relations
------------------------------------------------------------- ---------------------------------
15. Contact telephone number: 0118 963 7000
------------------------------------------------------------- ---------------------------------
Why is this the point of contact.Do Cloudbuy now personally work for Mr Dixon.It's good to see where their loyalties lie.Mind you,they might as well do something judging by the amount of products on their websites.

[yump] 23/5/2017 22:44

Mark Dixon has been selling quite a bit of his holding in INL.

[chuffer2] 23/5/2017 17:19

Well that was exciting.It was a pity it was just the millionaire and not the Billionaire but what did you expect with the likes of Cloudbuy.Back to complete and utter boredom now for another six months if their luck holds.

[tomboyb] 23/5/2017 11:26

There is another Mark Dixon who is simply an investor -

See Inland Homes i.e INL -

[tomboyb] 23/5/2017 11:18

Mark Dixon of Regus is a billionaire -

If it is him -

[duncandohnutter] 23/5/2017 11:05

I had assumed so.


2016: directors remuneration reduced to 37% of turnover (2015: 41%). Dumping Holden will make a big difference to that as he was on £180k.

"Jonathan was Vice President of Commercial Solutions at Visa Europe, where his role provided him with extensive experience of payments,government and large corporates"
so sod all do to with software development.

I guess he was expected to bring in some big money Visa related deal but clearly no such thing ever materialised. Another expensive folly.

[bloomberg2] 23/5/2017 10:46

Who's mark Dixon! ? Is it the Regus guy?

[duncandohnutter] 23/5/2017 10:37

This Mark Dixon chap seems to have left a number of questionably successful businesses in his wake. I can see the attraction.

[duncandohnutter] 23/5/2017 10:34

More investment. I do hope the Duncans find a way to embezzle it so that they can trade up from that tiny mansion.

[jonc] 23/5/2017 09:03

Is it that Mark Dixon?

I did wonder.

[rock star] 23/5/2017 08:39

Mr Regus looks like the 2017 sugar daddy.

[yogaboy] 23/5/2017 08:38

Well at these levels Mr Dixon has stumped up around £200k, which makes it either an interesting punt or a confident buy.

[jonc] 23/5/2017 07:49

Now we know where all he buys have been accumulating. Why though?

[chuffer2] 22/5/2017 17:15

Don't blame you.CII 0%added in weeks.UOB....0%.PHB...0%SALVERE...0%FSB about 10 products.


Wages for the BOD,Management and Staff 100%.

They are taking the p!ss