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Friday, 02/18/2011 8:19:55 AM

Friday, February 18, 2011 8:19:55 AM

Post# of 10165
Here is the response i received from Mr Lovatt. Take it at face value, but he sounds like he is working hard on the chill and future business.


Hello Michael,
 
Thank you for your email. Apologies about the delay, these are busy days.
 
I can’t confirm exactly which emails I send to people as I don’t know which emails you are referring to, but I am always happy to answer questions which cover items already in the public domain through Press Releases and that is what I have been doing with various individuals from the boards.
 
I need to clarify what product releases we have listed in an upcoming PR as I have lots of PR scheduled, but I have been holding off until the DTCC thing is cleared on legal advice. I am trying to focus on getting the Chill order lifted.
 
In terms of Market Markers, whilst it is illegal for a Market Marker to charge to sponsor a company through 15 211, it is not illegal for them to charge a management fee to work with them. This often is more than $15,000. Whilst I appreciate that there are those who see this as money well spent, I am not budgeting that until we have completed all of our technical development.
 
I am travelling for the next two weeks to meet various clients and development teams working on our projects, so I hope that you will appreciate the time lag in any additional response you require.
 
All the very best,
 
David Lovatt | CEO | Cloud Centric Systems, Inc.
Tel: US +1 (347) 404 5346 | Tel: UK +44 (2476) 470 430 |  Email: david.lovatt@cloudcentricsystems.com  | Web: http://www.cloudcentricsystems.com
This email and its attachments may be confidential and are intended solely for the use of the individual to whom it is addressed. Any views or opinions expressed are solely those of the author and do not necessarily represent those of Cloud Centric Systems, Inc. and/or Cloud Centric Systems (UK) Ltd. If you are not the intended recipient of this email and its attachments, you must take no action based upon them, nor must you copy or show them to anyone. Please contact the sender if you believe you have received this email in error.
Information within this email may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements as a result of various factors and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place under reliance on such statements. Any forward-looking statements in this e-mail are made as of the date hereof Cloud Centric Systems, Inc. Cloud Centric Systems (UK) Ltd., have no obligation to update such statements.
Any confidential information within this email may be considered as material business information, and maybe subject to simultaneous release requirements.  Trading of stock in CLDR.PK or any related entity based on non-public information, may be considered internal trading which carries severe penalties. 
 
From: Michael [mailto:xxx@gmail.com]
Sent: 17 February 2011 12:06
To: David Lovatt - Cloud Centric Systems
Subject: Cloud Centric Systems, Inc. (Investor Interest )
 
Your message
Greetings Mr Lovatt, This is more of just a sanity check for me. I am a member of a forum that I'm guessing you may be familiar with called Investorshub. Over the past few weeks, I've been seeing a few members who are posting emails from you. The first thing I wanted to do is verify that you really are responding to these folks.

I also wanted to ask if you could in some way post a PR that is focused on your upcoming product release. What would be great for your shateholders to see is perhaps a video or pictures showing the product working in beta for those of us that aren't doing the beta. I think this would help boost morale some, and get people's minds off the DTC Chill. As far as the chill, I have had no problem buying at the ASK or selling on the BID. The problem I have had is the opposite, and I don't know if anyone else has pointed this out to you. For your Average Joe investor, we seem to be stuck in the middle of a scheme in my honest opinion. Every morning, a few Market Makers slide into the Level 2 queue before everyone else. When they get there, they are dumping enormous numbers of shares on the ASK, and buying up just as many on the BID. What this does is put up walls that never give your Average Joe the chance to sell, unless he is willing to absorb a 50% loss. Same goes for buying. There is no way for us to buy at the BID because the Market Makers are in the way. So the chill isnt the only thing deterring investors right now, and perhaps they are linked. I'm only tell you this so you are aware, and I realize you might have a few other things on your mind right now! smile

So I was thinking the PR might help. Another thing could be to focus on getting your paperwork in place with FINRA in order to get this "sponsoring market maker" i keep hearing about, and also to get your information current about share counts, etc. Anything would help us get more confidence, and I think these are things I keep hearing complaints about. Thank you for the interruption in your day, and I still have confidence in you and your company, and look forward to a larger investment soon.

-Mike

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