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.
ShareProphets broke the story of the Equities First Holdings LLC (EFH) loans scandal back in November 2014. We nailed the EFH six – IGas (IGAS), Quindell (QPP), Optimal Payments (OPAY), Cloudbuy (CBUY), IQE (IQE) and Angle (AGL) for not giving adequate disclosure of the dealings of their directors with regard to deals with EFH. All those companies were in the end (and some rather more reluctantly than others) forced into clarifications. But it turns out that the FCA has also issued a clarification too!
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Comments
Temptress
I see that in the latest holding RNS the Duncans of CBUY are still claiming an “interest” in the 2.5m shares they flogged to EFH.
Cloudbuy PLC Director/PDMR Shareholding
Print
Alert
TIDMCBUY
RNS Number : 7393C
Cloudbuy PLC
21 January 2015
21 January 2015
cloudBuy plc
(“cloudBuy” or the “Company”)
Director’s dealing
The Company announces that it has been notified that today, Lyn Duncan, Chief Executive Officer of the Company, purchased 10,000 Ordinary Shares of 1 pence each at a price of 26p per Ordinary Share.
Following the transaction, Lyn and Ronald Duncan and associated family’s total interest in the Company has increased to 21,093,624 Ordinary Shares, representing 17.39% of the Company’s current issued share capital.
T.Welbourn
Would it be possible to include in the “Recent columns comments”, the date & time of the most recent comment?
Kind regards
Temptress
I note that CBUY have reached the level at which a margin call is due on the EFH loan. Can we expect any news from the Company?