CI1 General discussion, page-1582

The stock split / consolidation has been nothing more than a big fat failure failure failure and a meaningless action turned into a piece of SH#T that has taken down and scared off investors, not only the meaningful medium size investors but all the big investors, including the one’s from the past, some of present and potentially future big investors.imo

I’m I’ve the opinion in the attempt to reset the SP was a strategy by the CEO to consolidate shares and to date has failed. We can say today he has caused a catastrophe to Ci1 SP. It’s worse now than pre consolidating. What & Where to next? Furthermore it Literally shows a no confidence vote when also steering away from buying any BIG volume of Ci1 shares whilst leading the company, why would you expect anyone else to purchase shares if the CEO won’t. Imo and todays opinion.

Lets not pretend that the actions by the CEO didn’t change the course of Ci1 SP by consolidating SHARES. SP dropping wasn’t by the “good news” Ci1 consolidating shares was it, you can arguably say the SP is worse now than before the consolidation. We have a GAPING HOLE leaving almost anything possible to materialise, It’s so bad to me and a-parent that the CEO took measures to subsidise his losses in shares knowing that of a high probability of a failure was imminent having then giving him self a undeserved par rise, and it was imo. Hence why in separation of just weeks apart Jim gave him self the pay rise he didn’t deserve whilst the shares were tanking further than hells pit Imo Correct me if I’m wrong.imo

However by the skin of one’s teeth about 2 or 3 subsidiaries out of 6 perhaps look like a “business” to me. if you include all the add ons to the subsidiaries we’ve had in the past for example, ChapterTwo’s now has extra revenue adding on mortgage lending on its platform. A Common theme for Ci1 but yet to be proven a success as others subsidiaries have add on also. So I’ve calculated & I could be wrong but a close estimate of Ci1’s 18 streams of revenue by 6 to 8 subsidiaries depending if you include ekbuy or ekpay Later . So imo 2 maybe 3 out 18 streams are anything worth while mentioning. Poor stats I think, perhaps the report and results will prove if I’m right or wrong.Imo


In the past when Ci1 SP tanked 2021, Ci1 made a formal complaint to ASX about downrampers was the probable cause of the SP tanking only to receive a reply of no evidence of any downramping found. (Are we seen a common pattern here, name blaming or is it just a trick of a slide of hands)
Ci1 made these announcements most remember all to well. However, it was convenient by the CEO at the time of SP tanking perhaps not his job, but convenient never the less to leave out any mention of who those BIG SELL OFFS particularly those who sold in 10s and 100’s of MILLIONS of shares, convenient some would say, disagree? What’s the alternative for blaming SP tanking ? the PATHETIC MANAGEMENT, nope apparently not the theme or narrative was found easier to blame the downrampers and keep on the failed management at Ci1. Imo

If it is one thing and I mean ONLY ONE THING management can do well, is take the SP to HELL PIT. until proven otherwise, happy to be corrected. Truth is Nothing said or done by management thus far has taken SP to the high heavens. Imo correct me if I’m wrong.imo

The last peak, pre consolidation the sp was 0.130 partly to do with an unknown soldier who became temporarily major stake holder for about 24 to 48 hours, evidently him or she or them decided to sell off. Why ? Because of the downrampers NOPE was it because the management selling off, a high possibility, the insiders opportunists showed no confidence to big investors, the straw the broke the camel back and sold their shares.

To congratulate Ci1’s team in reflection of SP peaking pre consolidation 2021 is like complimenting to the devil for his good work he never did. They deserve what they get nothing more nothing less. Explanation by management in their achievements is valid in that of the cause of SP hitting all time lows and why have they are yet to achieve fair value SP at the very least . Imo

In the past the peak was once in lifetime, anomaly. Ci1 struck by lighting only to find they stuffed it up and reluctantly didn’t know how to sustain a high SP, that’s worrying for the future with sane management on board. imo correct me if I’m wrong.imo

Today, Ci1 has more streams of revenue than its history and the SP has hit rock bottom. Fingers crossed the report is better than my grammar we might have a chance lol

not professional DYOR