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CTFA Cientifica

0.95
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cientifica LSE:CTFA London Ordinary Share GB00B4YSYV64 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.95 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Cientifica Share Discussion Threads

Showing 326 to 343 of 425 messages
Chat Pages: 17  16  15  14  13  12  11  10  9  8  7  6  Older
DateSubjectAuthorDiscuss
15/3/2014
11:09
Penny looks to be finally dropping with the market just what a massive liability Chairman Baldwin is.

Will it be another RAM style tossing him overboard in a vain attempt to prevent the bulk of his incompetence and greed from sinking the ship completely or will he stand firm on the bridge as the waves crash over him, blaming everyone else, before sneaking off to his private submarine to take him to his next shiny new Titanic off for its maiden voyage?

drunken sailor
12/3/2014
20:17
True to their word the presentation Tim was e-mailing out has been put on the website:

hxxp://www.cientifica.com/wp-content/uploads/2014/03/Cientifica-Plc-Feb-14.pdf

It is exactly the same banal and totally unconvincing presentation that was e-mailed. I think the failure of the placing was not solely down to Market conditions, what "sophisticated" investor would part with cash on the basis of this? (apart from Bruce Gordon of course)

"The net funds raised are to be used to invest in developing applications of graphene
• Funds will be applied to the following:
• Secure deals currently in progress
• Three deals are at advanced stages of investment in oil/water separation,
heating and personal wellness
• We expect to conclude one in Q1 2014 and at least one more by Q2 2014
• Support the existing energy storage project with London Graphene Ltd"

How far would a few £100k have gone, once fees were taken out?

These wonderful deals are not going to happen now particularly the ones that were expected to conclude in Q1 and Q2 and it looks like Stephen Voller is going to have to wait for his cut from this too.

Tim Baldwin has gotten away with breaching all the placing rules and procedures so many times in the past he has probably forgotten (or may be never knew) what they are. I am sure he has been forcefully reminded.

What will the shareprice be like when CTFA pluck up the courage to try again?

drunken sailor
11/3/2014
10:28
Nice to see NOMADs doing their job properly. I look forward to seeing the presentation on the website shortly. I will confirm it has not been changed from the one that was e-mailed out to all and sundry at the last minute to try and drum up support for the placing, which was supposedly verbally underwritten at 3p, Clearly it was not as "underwritten" as had been claimed.
drunken sailor
08/3/2014
10:24
Hopefully (for the sake of the company and its advisers) there will be an announcement next week, which explains truthfully what has gone on with the placing and puts the rather pathetic and banal placing presentation fully into the public domain, rather than just in the hands of a randomly selected few (number no doubt growing uncontrollably the whole time).

Until then let's concentrate on the strategic issues facing the company. In order to succeed it needs to raise significant amounts of money (proving to be very difficult) and invest the money in something that is going to make a lot more money in fairly short timescales (ie not graphene based products, which are going to take a decade to get from good idea to marketable product).

AIM Micro Cap shell investing companies have a lot stacked against them and most end up failing and being recycled as shells again - this will be the ultimate fate of CTFA, it is just a question of how long and how much more money gets wasted on it before it happens.

The advantage that a shell does have is that it already has a listing with shareholders who have been trapped for some time, probably written off their investment but are now optimistic about at least getting some of their money back. The CVA process that the company goes through to become a shell should mean the shell starts life with no liabilities. Unfortunately for CTFA it started life with a massive liability - TIMOTHY EDWARD BALDWIN.

I have asked many times in many different places if anyone can name a single one of Tim's investing schemes that has actually made money for investors - I am talking about real investors not short term traders. Nobody has been able to name a single one, whilst the list of his total failures that have lost everything for investors and significant amounts for creditors lengthens almost weekly.

It is worth examining why that is in more depth. The Companies Act 2006 lays down the duties of a director:



Well worth a full read and asking yourself does Tim do all this?

A few highlights from the Act

A director of a company must act in the way he considers, in good faith, would be most likely to promote the success of the company for the benefit of its members as a whole, and in doing so have regard (amongst other matters) to-

(a)the likely consequences of any decision in the long term,

Does Tim consider the consequences of any decision over any term? His hallmarks are a total lack of proper due diligence (he uses the term but does he actually know what it means?) and a total lack of attention to detail.

(c)the need to foster the company's business relationships with suppliers, customers and others,

How can he do this when all he does is lose them money? He misrepresents the situation to all concerned, how can anyone trust him. pretending that a placing is underwritten and largely taken up but he can squeeze you in at the last minute is just one of his many hallmark tricks.

(e)the desirability of the company maintaining a reputation for high standards of business conduct,

All Tim's companies have a terrible reputation for employing the very worst standard of business conduct - how many complaints has the FCA had about the way he has conducted business over the years, they took him to court once themselves.

(f)the need to act fairly as between members of the company.

Ie not just line his and other director's pockets with fees plus giving Karolina a nice salary for sending e-mails on his behalf that should not be sent anyway!

So the questions that need to be asked and answered fairly quickly are.

Is Tim Baldwin in anyway able to promote the success of CTFA or is he going to be the single biggest factor in causing its failure?

Is Tim Baldwin fit to be a director of any PLC?

We can discuss the other fundamental flaws with this company, once the pathetic and banal placing presentation is fully in the public domain.

drunken sailor
06/3/2014
20:34
That must be it Yarsan, the placing was underwritten (verbally) after all.
ih_318421
06/3/2014
02:27
And still no news of the placing...

Oh, where is Black G0ld.. oops I mean Graphene Investor.... oh DANG! I mean Slobberchops!! to tell us is all well, and the delay actually means the fundraise was AMAZINGLY successful, and the only reason there's been no announcement of the joyous news is that Tiny Tim hasn't been able to count up all the money he's been offered?

yarsan
03/3/2014
18:13
Yarzsa yay UHFfzGy way
cofca
03/3/2014
17:57
No placing announced and bid hovering just over placing price.
ih_318421
02/3/2014
15:22
Yarsan,

With the TXO placing just over a year ago, Tim was sending his desperate e-mails saying the placing was due to close on Wed 9th Jan and then the placing was announced on Fri 11 Jan, having just crawled over the minimum mark, largely thanks to an RHPS article at the beginning of Jan sucking in a load of mug punters pushing the price of TXO to 0.3p against a placing price of 0.2p. As soon as the placing shares were admitted to market they were dumped; nobody took a notifiable amount so nobody had to admit when they dumped them.

The desperate e-mail for CTFA said Placing was "likely to close either by the end of today [Tues 25 Feb] or tomorrow [Wed 26 Feb] thus had it closed by the later date an announcement could have been possible on Fri, though Mon is more likely. If an announcement does not come on Mon then the longer it does take the more likely it has gone wrong and that the placing price will be reduced.

The desperate e-mail says "The current placing is for a minimum of £410k (currently verbally underwritten) at 3p per share." However the presentation says minimum of £250k up to £300k.

Regardless all that would happen with any money raised would be for it to be sucked up in fees and admin with some going to Stephen Voller for him to use on fees and admin. Bringing any graphene based development from university patent to market is going to require multi millions over about a decade.

drunken sailor
01/3/2014
19:57
You can argue all you like about the price of Graphene, but...

... since CTFA hasn't actually made a single investment in the area, and doesn't actually have any current proposals for such investments, and doesn't actually have any money in order to make any such proposals in the future....

I can't possibly see what the price of graphene, one way or another, matters to this POS scam.

What matters is the embarrassingly bad placing that they're trying to complete. Looks like you can see how well it's going by the recent collapse in the share price.

yarsan
01/3/2014
16:52
no it did not !!!
oldvic
28/2/2014
22:42
Price of graphene dropped 90% this week
slobberchops
25/2/2014
20:07
I wonder how Tim is getting on with his placing for Cientifica. He has been working on it for quite a while now and it must be due to close soon.

He did a disastrous deal at TXO recently. How big is the discount going to be here?

How much will he manage to raise, if the last one is anything to go by it will not be much over the minimum. How much of what is raised will go to an investment and what will that investment be? Stephen Voller?

ih_318421
22/2/2014
07:22
Ive seen the cnbc feature too after a piece on graphene. This made me start following this company. It has been repeated a few times
henryd14
21/2/2014
17:49
Let's hope he did not make as big a prat of himself as Stephen Voller did on Dragons' Den
ih_318421
21/2/2014
11:39
Is it online?
slobberchops
20/2/2014
22:39
have a look on cnbc now
cientifica being featured
tim harper interview
looks good

oldvic
17/2/2014
23:28
Different time zones Drunky you pea brain, something you pointed out yourself last week, but that must have been before the lobotomy.
slobberchops
Chat Pages: 17  16  15  14  13  12  11  10  9  8  7  6  Older

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