Signed significant distribution agreement with Second Chance Limited potentially worth at least $5.2 million.Launched first product set to schedule, CloudTag Track™ and the beatSMART™ Clip, at the Consumer Electronics show, Las Vegas, USA.Other administrative expenses maintained at £ 846,000 (2014: £830,000) despite increased recruitment, business development activities and preparation for the launch of the product at the Consumer Electronics Show 2016 in Las Vegas.Prudent management of costs during the period.Appointed Alon Moss as Group Chief Technology Officer (non Board appointment).Appointed John Wakely as Group Finance Director contributing experience in financial structuring and tax planning.Core development and operational skills brought in-house and multiple patent applications filed to enhance the IP estate.Completed integrated product design, comprising all hardware, software, smart device apps, testing and tooling with manufacturers, ahead of schedule. ![]() Surpassed CEO Amit Ben Haim's enhanced strategy for commercialisation and growth. ![]() “The vital focusing of the business, brought about by Amit, is evidenced in the market announcements made by the company thus far,” Reeves said in the company's interim results.('CloudTag', ' the Company ' or 'the Group')įinal Results for the year ended 30 September 2015ĬloudTag Inc (AIM:CTAG.L), the company which develops personal performance monitoring for the consumer health, wellbeing and fitness markets, announces its final results for the year ended 30 September 2015. Health-focused wearable device specialist CloudTag's ( LON:CTAG) chairman, Tony Reeves, hailed the progress made this year under new chief executive Amit Ben-Haim today. Peel Hunt's stint as nomad will end on July 25, by which time Mwana should have a replacement on board, otherwise trading in the company's shares on AIM will be suspended until an appointment is made. Mwana Africa ( LON:MWA) shares slipped as it revealed it is in talks to appoint a new nominated adviser (nomad) and broker after Peel hunt served notice to quit. Noridian Healthcare Solutions and Palmetto GBA’s green light means DermaPure is now available to 20.7mln patients on Medicare across 30 states. It moved the rating to 'underperform' from 'market perform' and cut the target price.Īmong the small cap movers was Tissue Regenix ( LON:TRX), whose shares nudged up almost 10% as it received another boost for its skin graft product Dermapure in the US with reimbursement approval from two more Medicare administrators. 1 after a six-month induction period, it was reported.ĪRM Holdings ( LON:ARM) was the biggest loser, as the chip designer was handed a downgrade from broker Bernstein. Like-for-like sales in the 13 weeks to May 30 reduced by 1.3%, which compares favourably to the corresponding period of last year when sales were down 4%.Ĭlaiming success chief executive Dave Lewis said the supermarket’s new strategy, which is less dependent on short-term couponing, is starting to have an effect.Īlso in the news was curtains and linen firm Dunelm ( LON:DNLM), shared nudged 0.16% lower, as it said John Browett would become chief executive next year as he became designate of the job.īrowett will join the board on July 1 and become chief executive on Jan. ![]() It also sent Tesco's to the top of the Footsie leader board, with Sainsbury's ( LON:SBRY) and Morrisons ( LON:MRW) rising on the tide. We've been getting used to bad news from supermarket supertanker Tesco ( LON:TSCO) but today there was something to cheer - as it emerged the decline had slowed in the first quarter of the new financial year. Athens has now been given a deadline of this weekend before markets open Monday. Reporters and analysts are on tenterhooks as Greek Premier Tsipras is reportedly today meeting the German and French leaders Merkel and Hollande after 24 hours of talks failed to reach agreement. It looks like the Greece talks will go right down to the wire and it is still debatable whether any agreement will be struck ahead of Tuesday’s €1.6bn debt repayment deadline. With global markets seeing red, supermarkets, the Greece crisis, and mining stocks were a focus for investors on the last day of the trading week.
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