Cloudbuy Share Discussion Threads

[chuffer2] 18/4/2017 18:03

How do the Duncans manage to keep hold of their positions????????

[beeezzz] 18/4/2017 17:20

Clyde might but Bonnie....

You going A25...I should go, I only live about ½ hour from their headquarters yet I know that it will be a waste of my time!!!

[a2584728] 18/4/2017 15:30

I wonder if Bonnie and Clyde will show up.

[freddie01] 18/4/2017 10:27

troutisout.

Your comments are absolutely spot on. I've written my investment off here and relieved it's only for a small amount. Having said that I've virtually finished investing on AIM because of companies like this.

Like you I think it's looking increasingly doubtful they'll not have to come and ask for more money shortly.

[yogaboy] 18/4/2017 09:55

"For this relief much thanks"

[chuffer2] 18/4/2017 09:34

I've just had a look and it's up and running again.I had hoped that it was offline because they were updating it or adding large numbers but no such luck.It's a very poor show that it was down for at least three days.
I still remain on the sidelines to see if the BOD buy any shares showing their confidence in this company and after watching it for the last three months remain very skeptical whether they will.
I would gladly pay a higher price for the shares if they truly believed in this company in the same way they are telling us to.

[yogaboy] 18/4/2017 09:22

No mention of CII and the site is still unavailable.

[troutisout] 18/4/2017 09:08

freddie,

More importantly it looks to be moving back further, any revenue generation from some sites.

This comment shows they have been unrealistic on revenue growth and I can't see how they can all still carry on, surely someone should fall on their sword? The only thing is if one of the Duncan's went they would get a handsome payoff and probably get away with being part of an untidy refinancing as I cannot see the cash they have, keeping them going until breakeven point....

"The outlook for the business remains challenging, however, management believes that cost reduction actions and a sharper focus on realistic revenue growth puts the Company in an improved position for 2017 and 2018."

[freddie01] 18/4/2017 08:46

Same old drivel with no mention of revenue whatsoever.

[chuffer2] 17/4/2017 13:10

Oh dear!So much for access to their site 24/7.

[freddie01] 17/4/2017 12:33

Yes can't get access to it.

[chuffer2] 17/4/2017 10:59

Has anyone else had problems getting up the CIItrade.in website?

[duncandisorderly] 13/4/2017 18:58

Is anyone here going to the AGM to here their famous line on how their sites are slowly adding numbers,etc,etc.

[duncandisorderly] 12/4/2017 17:13

He won't be at the AGM.....I can guarantee it.The blokes a coward and like last time he will hide behind is missus.

[duncandisorderly] 12/4/2017 16:23

No one is falling for the MM's BS I see.Just like their websites,nothing is going on.

[chinese investor] 12/4/2017 10:23

Thank You Professor Pettigrew For Promoting CBUY !
There Is Hope For You Yet !

[chinese investor] 12/4/2017 07:58

Very Soon !

[duncandisorderly] 11/4/2017 18:22

(Registered in England and Wales with company number 03732253)
Dear Shareholder
Notice of Annual General Meeting of cloudBuy plc (the “Company”;)
I am writing to you with the notice (the “Notice”) for the 2017 Annual General Meeting (the “Meeting”;) which will be
held on 18 April 2017 at 11.00 am at the offices of cloudBuy plc, 5 Jupiter House, Calleva Park, Aldermaston, Reading,
Berkshire RG7 8NN. The Notice sets out the business to be considered at the Meeting.
A copy of cloudBuy’s Annual Report and Accounts is available via the Company’s website,
hxxp://investor.cloudbuy.com/
The first six resolutions relate to the ordinary business of the Meeting.
In addition to the ordinary business, the Notice also sets out the special business to be considered at the Meeting.
Resolution 7, which will be proposed as a special resolution, relates to the dis-application of pre-emption rights.
Section 561 of the Companies Act 2006 requires that a company issuing shares for cash must first offer them to existing
shareholders following a statutory procedure which, in the case of a rights issue, may prove to be both costly and
cumbersome. This resolution excludes that statutory procedure as far as rights issues are concerned. It also enables
the directors to allot shares up to an aggregate nominal value of £150,000, which is equal to 11½% of the nominal
value of the issued share capital of the Company, subject to resolution 6 being passed. The directors believe that the
powers provided by this resolution will maintain a desirable degree of flexibility. Unless previously revoked or varied,
the dis-application will expire on the conclusion of the next annual general meeting of the Company or on the date
which is 6 months after the next accounting reference date of the Company (whichever is the earlier).
Resolution 8, which will be proposed as a special resolution, relates to the Company making purchases of its own
shares. Any shares which were purchased by the Company would either be cancelled or held in treasury. The aim of
this programme would be to help enhance returns for shareholders by the reduction of the Company’s issued share
capital.
The Board considers that all the resolutions to be put to the Meeting are in the best interests of the Company and its
shareholders as a whole. Accordingly, the Board unanimously recommends that all shareholders vote in favour of the
resolutions as they propose to do in respect of their own shareholdings in the Company.
Yours faithfully,

David Gibbon Registered Office:
Company Secretary 5 Jupiter House
Calleva Park
Aldermaston
22 March 2017 Berks RG7 8NN
cloudBuy plc
(Registered in England and Wales with company number 03732253)
Notice of General Meeting
NOTICE is hereby given that the 2016 Annual General Meeting of the Company will be held on 18 April 2017 at 11.00
am at the offices of cloudBuy plc, 5 Jupiter House, Calleva Park, Aldermaston, Reading, Berkshire RG7 8NN to consider
and if thought fit, pass the following resolutions:
Ordinary business
1 To receive the audited accounts of the Company for the year ended 31 December 2016 and the reports of the
Directors and Auditors thereon.
2 To re-elect Ronald Duncan, who is retiring by rotation in accordance with article 29.1 of the articles of
association of the Company and who, being eligible, offers himself for re-election as a Director of the
Company.
3 To re-elect Patrick Broughton, who is retiring by rotation in accordance with article 29.1 of the articles of
association of the Company and who, being eligible, offers himself for re-election as a Director of the
Company.
4 To re-elect David Chellingsworth, who is retiring by rotation in accordance with article 29.1 of the articles of
association of the Company and who, being eligible, offers himself for re-election as a Director of the
Company.
5 To re-appoint James Cowper LLP as auditors of the Company and to authorise the Directors to fix their
remuneration.
6 THAT, in substitution for all existing and unexercised authorities and powers, the directors of the Company be
and they are hereby generally and unconditionally authorised for the purpose of section 551 Companies Act
2006 (the "Act") to exercise all or any of the powers of the Company to allot shares of the Company or to grant
rights to subscribe for, or to convert any security into, shares of the Company (such shares and rights being
together referred to as "Relevant Securities") up to an aggregate nominal value of £500,000 to such persons
at such times and generally on such terms and conditions as the directors may determine (subject always to
the articles of association of the Company) PROVIDED THAT this authority shall, unless previously renewed,
varied or revoked by the Company in general meeting, expire at the conclusion of the next annual general
meeting or on the date which is 6 months after the next accounting reference date of the Company (if earlier)
save that the directors of the Company may, before the expiry of such period, make an offer or agreement
which would or might require relevant securities or equity securities (as the case may be) to be allotted after
the expiry of such period and the directors of the Company may allot relevant securities or equity securities
(as the case may be) in pursuance of such offer or agreement as if the authority conferred hereby had not
expired.
Special business
7 To consider and if thought fit, pass the following resolution, which will be proposed as a special resolution:
"THAT, subject to and conditional upon the passing of the resolution numbered 6 in the notice convening the
meeting at which this resolution was proposed and in substitution for all existing and unexercised authorities
and powers, the directors of the Company be and are hereby empowered pursuant to section 570 of the Act
to allot equity securities (as defined in section 560 of the Act) pursuant to the authority conferred upon them
by resolution 6 as if section 561 of the Act did not apply to any such allotment provided that this authority and
power shall be limited to:
(a) the allotment of equity securities in connection with a rights issue or similar offer in favour of ordinary
shareholders where the equity securities respectively attributable to the interest of all ordinary
shareholders are proportionate (as nearly as may be) to the respective numbers of ordinary shares
held by them subject only to such exclusions or other arrangements as the directors of the Company
may consider appropriate to deal with fractional entitlements or legal and practical difficulties under
the laws of, or the requirements of any recognised regulatory body in any, territory; and
(b) the allotment (otherwise than pursuant to sub-paragraph (a) above) of equity securities up to an
aggregate nominal amount of £150,000, representing approximately 11½% of the current issued share
capital of the Company; and
(c) the allotment of equity securities following the exercise of warrants or options.
and shall expire at the conclusion of the next annual general meeting or on the date which is 6 months after
the next accounting reference date of the Company (if earlier) save that the Company may before such expiry
make an offer or agreement which would or might require equity securities to be allotted after such expiry
and the directors may allot equity securities in pursuance of such offer or agreement as if the power conferred
hereby had not expired."
8 To consider and if thought fit, pass the following resolution, which will be proposed as a special resolution:
"THAT the Company be and are generally and unconditionally authorised to make market purchases, within
the meaning of Section 693 of the Act, of Shares provided that:
(a) the maximum aggregate number of Shares which may be purchased under this authority is 15,000,000
Shares representing approximately 11½% of the current issued share capital of the company;
(b) the minimum price, exclusive of expenses, which may be paid for each Share is 1p;
(c) the maximum price, exclusive of expenses, which may be paid for each Share shall be an amount equal
to 105% of the average of the middle market quotations for the Shares derived from the AIM Appendix
to the Daily Official List of London Stock Exchange plc over the five business days immediately
preceding the day on which the Shares are contracted to be purchased;
(d) the authority to purchase conferred by this Resolution shall expire at the earlier of the conclusion of
the Annual General Meeting of the Company to be held in 2018 and 30 June 2018, unless the authority
is extended before then; and
(e) the Company may make a contract to purchase Shares in the capital of the Company under this
authority before its expiry which would or might be executed wholly or partly after such expiry and in
any such case the Company may make such a purchase under the contract after the expiry of this
authority.
By order of the Board
Registered Office:
David Gibbon 5 Jupiter House
Company Secretary Calleva Park
Aldermaston
22 March 2017 Berks RG7 8NN
Note as to proxies:
1 A person entitled to attend and vote at this meeting is entitled to appoint one or more proxies to exercise any of his rights
to attend, speak and vote at the meeting in his/her stead. If a member appoints more than one proxy, each proxy must
be entitled to exercise the rights attached to different shares. A proxy need not be a member of the Company.
Appointment of proxies does not preclude members from attending and voting at the meeting should they wish to do
so.
2 A proxy may only be appointed using the procedures set out in these notes and the notes to the proxy form. To appoint
a proxy, a member may complete, sign and date the enclosed proxy form and deposit it at the Company’s registered
office of 5 Jupiter House, Calleva Park, Reading RG7 8NN not less than 48 hours before the time of the meeting. Any
power of attorney or any other authority under which the proxy form is signed (or a duly certified copy of such power or
authority) must be enclosed with the proxy form.
3 In order to revoke a proxy appointment, a member must sign and date a notice clearly stating his intention to revoke his
proxy appointment and deposit it at the registered office of the Company before the time appointed for the meeting.
4 As permitted by Regulation 41 of the Uncertificated Securities Regulations 2001, the Company specifies that only those
shareholders of the Company on the register at 11.00 a.m. on 18 April 2017 shall be entitled to attend or vote at the
meeting in respect of the number of shares registered in their name at the time. Changes to the register of members
after that time shall be disregarded in determining the rights of any person to attend or vote at the meeting.
6 Any corporation which is a member of the Company may authorise one or more persons (who need not be a member of
the Company) to attend, speak and vote at the meeting as the representative of that corporation. A certified copy of the
board resolution of the corporation appointing the relevant person as the representative of that corporation in
connection with the meeting must be deposited at the office of the Company's Registrars prior to the commencement of
the meeting.

[duncandisorderly] 11/4/2017 18:18

I see that in the AGM honest Ron is up for re-election.I know which way I will be voting for him and a few others?

[duncandisorderly] 11/4/2017 17:43

What are any of them actually doing?You could get rid of 90% of the BOD and nothing would change.

[beeezzz] 11/4/2017 17:36

What are Visa doing or is that contract about to expire...like Cbuy if they carry on at this pedestrian pace...........