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To all the derampers who are using 'NHS App' to scare people to sell out, can you show me where it says CTEA have not been involved in developing the NHS App?
I have never stated its anything other than my opinion that CTEA aren't involved with the NHS app. But bearing in mind that CTEA have previously RNS'd literally anything that could be interpreted as good news i think its fair to say they would have mentioned being involved with the NHS app. Also, they're not listed on any recently awarded government contract (small or large).
Those 2 facts pretty much guarantee they aren't involved in my opinion.
Could it be another argo?
BBC 5 Live reporting this morning that Michael Gove is expected to make an announcement later today on the details of the UK’s utilisation of a Covid Passport App - wishing everyone good fortune ahead!
@agree CTEA not likely to be involved commercially, just maybe a consultancy fee or something. Get covid passports out of our heads people, I don't expect a UK Gov't golden ticket, if there is one that would be a great surprise. Hold, for the longer term, for a blip (and bail out) or for some other digital certification product launch that actually gains traction. Bottom draw for me now. IMHO.
Why would they consult with CTEA? I don't understand why people seem to have CTEA as. company who are experts in their field. They are a 2 bit company with no proven track record. If they wanted expertise on blockchain they would go to someone like sovtech. They have clients like vodafone, nandos, deloitte and canon. CTEA don't even have the clients listed on their website anymore. Probably because most of them have ended their contracts (IMO)
Take a look at the NHS Covid-19 app and who worked on it.
"Accenture, Alan Turing Institute, NHS Digital, NHSx, Oxford University, VMware Pivotal Lab and Zuhlke Engineering. As the Government’s lead technical authority on cyber security, the National Cyber Security Centre has also supported in an advisory role."
These are all large companies who are probably considered experts in their field and have proven that they can operate a global business or they are subject matter experts from the finest education facilities this country has to offer. The government isn't going to be paying a company like CTEA for their opinion. IBM have a covid passport, don't they. Who would you go to? IBM or CTEA?
As for this being the bottom. The SP was 0.4p before they launched. Since then they have secured 0 contracts so for me this is not the bottom. If you factor in potential then maybe 1p. That's doubling the value before they created the app, so 0.6p for the possibility they might sign 1 or 2 small contracts. Currently, the company is valued 5x what it was before they took a few months to create a front end for their blockchain even though they have not managed to make any money off it in over a year. It's still very overvalued if you ask me.
You deramped last thing before bed then first thing this morning. You must have lost alot of money on this share to be so obsessed. Haha.
@Blaimthrower - why are you here? Are you invested, or just a very sad person? I agree, there is no chance the Gov't will buy anything serious with CTEA, there never was really. What's bugging you to use your valuable time here, interested to know - trying to save us all from ourselves? Very noble.
I'm here for what we all are. To discuss CTEA.
Some good points JAdam. I have no experience of working with accenture so I'll take your steer on that. I have never worked directly with the NHS but I do work in the IT infrastructure industry for one of the UK's largest websites. I'm well aware of how bad the NHS systems are on the back end.
Seeing as you work in IT can you tell me why anyone would choose to award a contract to, or consult with, CTEA rather than a company who has a decent looking balance sheet and actual clients who can recommend their product or provide a case study, without just saying 'blockchain' or 'gdpr' to me. Why would anyone choose CTEA when there a companies like IBM, Mvine and iProov offering the same products? The IBM solution even runs on blockchain.
Getting tempted to put Blaimthrower in the bin actually, unless we hear from him/her as to why they are posting here.
"As regards balance sheet, this is a total red herring, indeed sometimes a small balance sheet can be a positive to a client as it makes the supplier hungry for business. Additionally, why would I need to worry about a company's balance sheet"
If I said I was signing a contract with CTEA our procurement manager would have to do checks on them first. I very much doubt CTEA would be approved by him. I'd have thought they would be flagged as a risk of insolvency based on their balance sheets.
Classic de-ramping.
Nobody here knows anything that is going on really, its all behind closed doors.
We are investing based off previous RNS and gov talks. If it works great, if not so be it.
All we can do is wait for the next RNS and action once read.
GLA
Blaim, you are binned. Bye.
Binned complete, take a walk!