Catenae Innovation – Another Change Of Name (Pointless), Share Consolidation, More Confetti…..Why No Mercy Killing?

AIM-listed serial crock Catenae Innovation (CTEA) has announced a change of name, a General Meeting to approve a share consolidation and wants to issue yet more boatloads of confetti as it searches for an acquisition which might offer a viable business. But first it has to deal with a convertible loan facility – hence the capital reorganisation, as the shares are well below par. I don’t know why it is not just being taken outside for a mercy killing!

Catenae Innovation – finally exits Hyperneth acquisition fiasco, AIM at its most pointless

Catenae (CTEA) is a great example of a pointless AIM company. When it was called Milestone Group it racked up continual losses which have continued under the Catenae name. It had a brief spike in its share price during the COVID era as the usual suspects ramped its shares on the basis that Catenae had blockchain technology which might be valuable but of course it wasn’t because who wants to use software from a tiny subscale loss making group to monitor a national population’s vaccine status.

Catenae Innovation – Court News (Or Not!) On Hyperneph Software

AIM-listed and last seen technically insolvent (for FY22) Catneae Innovation (CTEA) has updated the market regarding ongoing Court proceedings over Hyperneph Software. I fear that this may be a ramp…..

Hound Catenae Innovation – 2022 Finals A Dog’s Breakfast Plastered With Red Flags

On Thursday AIM-listed Catenae Innovation (CTEA) released its Finals for the 15-month period to December 2022 – just a day inside its self-imposed deadline. At least it got them out as the last full-year and interim results were so late that the shares were suspended, but the numbers from this serial hound were a dog’s breakfast.

Catenae Innovation – Mega-Delayed Results And Death Spiral…..What’s Not To Like?

AIM bad-boy, suspended for the past five months for failing to release accounts, Catenae Innovation (CTEA) has at last released full year accounts to September 2021 and Interim results to March 2022. Oh, and it has announced a death spiral package from Sanderson Capital, under which the lender seems to do very well indeed (at shareholders’ expense).

Catenae Innovation – There Is Life After All (But For How Much Longer?)

AIM-listed Catenae Innovation (CTEA) finally popped its head above the parapet after a more than two month silence, in relation to its suspension which, under AIM Rules, will see the company given the order of the boot if it fails to publish full year results to 30 September 2021 by 1 October. It is twenty-eight days to go, and ticking. The announcement came at 12.09pm yesterday (Friday) – just as the City was tucking into a relaxed lunch at the end of a busy week.

Catenae Innovation: Month 5 Of Suspension As Tumbleweed Blows Past & the Fat Lady warms up

AIM-listed Catenae Innovation (CTEA) was suspended five months ago for failing to offer up its accounts for year-ended September 2021. It now has just one month to post its audited numbers before the AIM Executioner calls and it is surely game over. But we haven’t heard from the company for two months: is there anybody there at Catenae Towers?

Catenae Innovation – The Dog That Didn’t Bark!

We have covered plenty of dogs which have been howling away in recent days, such as Chill Brands (CHLL) and Love Hemp (LIFE) but one AIM-listed Dog has been conspicuously silent. Catenae Innovation (CTEA) is the dog that didn’t bark!

Catenae Innovation: Three Months Down, Three To Go As Unconvincing Financial Statement Offered

AIM-listed and now suspended for three months Catenae Innovation (CTEA) has offered up an update on its financial position as the clock ticks down to the arrival of the Fat Lady.

Catenae Innovation – Two Months Down, Four To Go As AIM Execution Beckons

AIM-listed but suspended Catenae Innovation (CTEA) has updated on its current suspension from trading on AIM, and offered up a rather limp looking trading update.

Catenae Innovation (#CTEA) – update including Hyperneph subsidiary director Michelle Gurney has resigned, shares remain suspended

Catenae Innovation: only a partial ‘fess up: the future looks bleak

Naughty, naughty Nomad Liam Murray of Cairn Financial for signing off on today’s release from AIM perma-dog Catenae (CTEA) for it is only a partial ‘fess up. With the shares already suspended for failing to gt accounts out for the yar to September 30 2021, things look truly grim.

Catenae Innovation – One Month Into Suspension And Still No Accounts

AIM-listed (pro tem) Catenae Innovation (CTEA) updated the market this morning over its suspension from trading due to the non-appearance of its FY account to September 2021. One month down, five to go.

Catenae Innovation (#CTEA) – states continues to work to complete accounts but dispute with shareholders of subsidiary “remains outstanding”

Catenae Innovation – the Hyperneph dispute: this stinks

Whilst shareholders wait to see whether Catenae (CTEA) will emerge from its share suspension I wonder as to the cause of the audit delay. Nigel thinks it is because the company is effectively insolvent and he is right.  But there may be another reason, and this really stinks. So much so that an honourable Nomad would be considering its position. Luckily for Catenae its Nomad is Cairn.

Catenae Innovation – Now Suspended: Will It Survive? Maybe not this time and here's why!

AIM-listed Catenae Innovation (CTEA) was suspended from trading on Friday morning as it was unable to publish its FY21 Accounts to September 30 by deadline day. I can’t say I didn’t warn you – the only surprise is that it has taken this long for a suspension.

Catenae Innovation (#CTEA) – shares suspended as accounts not published, states expects to be able to publish “on or around 29 April”

Catenae Innovation – Is This a Related Party (Revenue-Free) Transaction or Not?

AIM-listed Catenae Innovation (CTEA), which is almost revenue-free and surely heading for a Christmas cash-crunch, has announced a “Data Visualisation Oder” from SaxaVord UK Spaceport at a satellite ground station in the Shetland Islands. Good news…..or not, for we are told that revenues created from the order are not significant. So another revenue-free project, then!

Catenae Innovation – Another Day, Another RNS Reach and More Red Flags

AIM-listed Catenae Innovation (CTEA) has announced yet another RNS Reach – this time over a deal with Promake Ltd – but it is still, on the basis of its interims to March, almost revenue free and heading for a cash-crunch by Christmas. But never mind that, it’s got a deal with Promake…..which offers yet more Red Flags!

Catenae – Truly Ramptastic Nonsense and a point for BBMs to consider: SELL!

The morning, AIM-listed Catenae Innovation (CTEA) trumpeted a new pilot programme with a charity. Bully for it, but to me this morning’s RNS is extremely bad news and this is why.