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Oops, fat fingers!
Here he goes again, with his £200 investment, attacking the company from any angle possible. Looking forward to the RTO and learning about how it moves forward andetails the progree
It would be interesting if you could share your hunch, to occupy our minds until real news starts.
W1LLM: Why? I did a bit of checking of posts on here vs twitter, WHY indeed
Still no counter evidence then. No accounts, no new logos, no contract announcements, just trips abroad, new recruits and job offers. What a business plan - pot of money to pay wages, ring round mates and beg for contracts. It's not as if the team are top drawer. RC was just made redundant, AB never stays anywhere long and even the boss got the sack when he was working for someone else. What tf is AR up to?
good riddance to you and Barlo then
They do have a video management software package and a few contacts books. They taught themselves ruby on rails and project management in a week so plenty of experience to draw on. These are really serious people.
They don;t have a product, they're a pumped up tech firm that have unsubstantiated claims on their website. I know this because I work with some of the brands they claim to, and they've never even heard of them. We're in deep sh*t here. Lost a lot of money. the second it;s insuspended I'm gone for the hills so fast your head will spin.
well, according to poster 'onthemoney' (who, oddly, posted this to WTG board on friday, rather than on NEW board): "The BigSofa/ New RTO project, if successfully completed has all the tools to propell the company to market leaders or near abouts within their two year forecast. Their business strategy is like night and day better compared to IMTK for reasons I've explained elsewhere. When the placing platform is released next to Cloudtag and Koovs this stock will represent my joint largest single stock outlay. [[ -- stuff re other companies -- ]] If investors look beyond the name and unscramble the marbles to conceptualise that they have utilised the highly academic and more importantly, technical video diogonotic/ analytics team and in effect have the business ability to provide all of the clients video requirements, including the much fought over streaming contents, which the big boys like, Sky, Facebook, Microsoft, Amazon, BBC etc are paying millions for. They have the ability to provide bespoke requirements which have already appealed to education authorities, banking industries, aerospace ....the list goes on, but it's no surprise that their client list is seriously A list. " that sounds marvellous, doesn't it? holders here will presumably be delighted if onthemoney's ramping turns out to be true. not long before more details emerge.
The product is tailored market research using video as the main selling point. They put together a package of mrx consultants, video operators and transcribers who gather video, file it on a remote servers and allow the customer to access it using a bespoke software application. Their website is pretty poor and there are much better competitor sites that give the costs of similar services. It's all a bit uninspiring at present.
Maybe you could help me out, what do BS actually do? What is their product? I have read the website, but maybe one of you has seen their product?
I know it must be difficult for you to grasp but everything I know is from doing my own research. No secrets, no clubs just good old fashioned research. And my research tells me that Big Sofa is overvalued and NEW is being drained on a monthly basis. You can hope for a spike on release from suspension but it won't help us long term holders or those holders with plenty of recently bought cheaper shares.
Barlo you know wayyyyy too much about the goings on here, the background stuff, the people involved, big sofa movements and information regarding the action group to be a small investor . . .. . . . I cant work it out right now however if you are whom I think you are then I really don't get it. My question is WHY?
Still no reasons then...
I hope he doesn't deramp on a professional basis ;)
£200 invested and you're monitoring competitor activity? Give it a rest. Honestly, no poster thinks you're impartial or invested.
A couple of prosperous moths from a Big Sofa. Is that the best we can hope for? The deadly silence says it all really. All those old contracts have come and long gone. Ofgem? One year contract nicked from Ipsos Mori before they pinched it back again. Nothing to do with this great idea of market research via video whatsoever. I can't wait to see the accounts from last year just as I can't wait to see a contract win announced. It's not at all like butterflies Concepta and Opti. It's more like Orogen and Hubco. Moths indeed but not prosperous ones.
I have been here from the early days & I have a significant loss as a result of this, however, as we should all remember: never invest more than you can afford to loose. Why do I back (but not ramp): I have put my support into removing the old BOD, my shares are worth next to nothing and, as a result, I have little to loose from a potential RTO. I have invested in several of the AR magic RTO's / companies. The recent Frontier Oil (Now CPT.L) has proved to be a great win so far and I suspect that there is much more to come. Optibiotix has also proved to be a gem, we are awaiting more details but it looks like the company may be split and again, there is quite possibly much more to come if the promises are kept. Premaithia (I didn't take part in the RTO but bought later on), has stagnated, there is what seems to be a scurrilous law suit designed to scare them into submission (the company in question I believe has done this before). Whilst on the face of it, they there doesn't seem to be an issue here, who knows which way it will go in court and, until the fat lady sings, we won't know. A re-rate to 20p is forecast soon, will this happen? We are waiting for hard figures to come through. Back to NEW. Using the Frontier model for consolidation and price, I need to invest around another 30k and see the share price lift a few pence when trading starts after the RTO to get back what I have already invested and make a small profit. Am I prepared to put in that much? No, I will match the current value and ride after that and see what happens. I want more news other than what I know. A good investment? as always - DYOR, only YOU can decide, for me, I will as I said, pop a bit in, but not the amount I did in Concepta, maybe afterwards. I am just trying to regain some of the losses I have suffered since I bought at 8p, I have averaged down considerably in the dips and hope that those who bought in at 14p with promises galore (if brave!) have done the same and wish them a safe return of funds. Not all AR's RTO's have led to massive profits, but some have done very well. Here is to him working his magic on this old cow. Wishing you all a prosperous couple of moths......