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Breaking: Cloudtag Nomad Cairn quit weeks ago: source - get out of jail card for Novum?

By Tom Winnifrith, The Sheriff of AIM | Friday 24 February 2017


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.


It has today been announced that Nomad Cairn will cease to act for AIM listed (pro tem) FRAUD Cloudtag (CTAG) on April 10 at which point the shares will be suspended if no other Nomad is prepared to agree to sign off on lies issued via RNS. The shares have crashed to 2.75p to sell which means that those clients of Novum Securities who were stuffed into a placing at 3.75p THIS MORNING must be well pissed. But fear not... I have a shocking revelation that gets them off the hook.


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