Cycloides Recent Postings Check out their twit
Post# of 29251
Check out their twitter
https://twitter.com/cycloides?lang=en
They just posted the article:
http://indiaitnews.com/our-delivery-centre-in...essionals/
AR Anil MIE, CSM
CEO at Cycloides Inc
Check on his LinkedIn, he posted the same article yesterday.
https://www.linkedin.com/in/anilcycloides/det...ty/shares/
It's really interesting to see who "liked" their posting. Guess who is on the list?
****For those who can't see it, I provided an image of my screenshot off of Linkedin*******
https://ibb.co/hwOGic
It's our friend Ian Brewster coming out of the shadows because he linked Anil's article.
*********************
I found one really interesting observation. I've been finding that Jiju Nair (VP, Marketing & Business Development of Cycloides) is becoming the only single thread to piece all key players of team Utopya. He's been the "glue" for Utopya. He is LinkedIn connections with Ian Brewster, Jason Steinberg, Ilja Laurs, Darryl Green and Mike Starkweather (before he deleted his account). I couldn't find another LinkedIn connection between the other key players. Jiju Nair is the single thread to bring everyone together in Utopya.
I think Cycloides recent posting shows they are further supporting Utopya. Why would they publicly post that article now? I think its more evidence they are fully supporting Utopya as their flagship account even after all the recent heat they are getting.
I almost think that Cycloides is the co-founder of Utopya alongside with Jason Steinberg. They seem so heavily invested in Utopya to succeed.
So what is Utopya's business plan?
We know that they are a holding company. Holding companies must have an advisor who can help evaluate each of the business opportunities carefully so that they not buying something without knowing what it's really worth. Perhaps reason, why CLEC deal didn't finalize, is because they wanted an advisor like Jiju Nair to help make them with the decisions.
I also believe they are doing some variation of a dual company structure. A dual company structure consists of a holding company and an operating company. A dual-listed company or DLC is a corporate structure in which two corporations function as a single operating business through a legal equalization agreement, but retain separate legal identities and stock exchange listings. As the name suggests, the holding company holds the business’ valuable assets including intellectual property (IP) and equipment. An operating company does all the trading – entering into contracts, hiring employees, and dealing with customers. From what I recall from Utopya's Holdings last quarterly statements, they held assets of software and equipment. Cycloides is likely the operating company.
Many of the world’s leading non-U.S. companies choose to dual list on U.S. exchanges, because of the depth of the capital markets in the world’s biggest economy. Research suggests that companies tend to list in countries that have a similar culture or share a common language with their native jurisdiction. For example, most of the biggest Canadian companies are also listed on U.S. exchanges.
Read more: Dual Listing https://www.investopedia.com/terms/d/duallist...z5DNCblX2T