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Cloudtag's chief working hard to ensure a product hits the shelves this year

Amit Ben Haim, chief executive at personal health and fitness monitoring technology firm Cloudtag (LON:CTAG) talks to Proactive Investors about his work with Secondchance and European retailers and etailers to distribute the group's products.

He says he will also start a roadshow in the United States in the next couple of weeks to meet distributors that will work with the company.

Ben Haim is working hard to ensure the group's products hit the shelves this year and after a series of fundraisings says he is conscious about the non-willingness to dilute his current shareholders' equity and is in talks with various investors.

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CloudTag Inc raises £580,000 to fund growth

Personal fitness monitoring device maker Cloudtag Inc (LON:CTAG) has raised £580,000 to help it bankroll rapid business growth. Cloudtag has generated the cash by issuing 10mln shares at a price of 5.8p per share, representing a premium of 5.45% to Tuesday's mid-market closing...

on 10/8/16

2 min read