Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
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has tired to over control the company. IM is now exerting his influence as CEO. If he allows SS to exert his influence in my opinion this company will die. I am pleased that I sold some time ago. Are Miton still interested or have they had enough and not interested in spending more?
FBT client Gfinity partners with Microsoft in the growing esports market. Gfinity uses Forscene. https://www.digitallook.com/news/aim-bulletin/gfinity-partners-with-microsoft-for-next-halo-world-championship--3032397.html
Really should have had a brand like vimeo aswell as not underselling blackbird when it is a top of the range suite hence not making profit to grow the business. Ian has an uphill battle that he and FBT deserves to win. Shame on BBC not adopting British tech and presumably continuing to spend on inferior operations costing the great British public their hard earned! I am out.
Jim Agree with you....the whole Eva,Captivate and indeed Aziz era was a complete waste of money and direction Ian has clearly torn all that down and is building sales and marketing from almost scratch again SS maybe a visionary in his own workshop but with regards to directing FBT he has , in my opinion, got to take responsibility for this situation. He is throwing out all these AI blogs with the hope that we would now forget all about the disaster of Eva and Captivate and pretend it never actually happened.. Shame though how the balance sheet will be stained by the large cash burn spent on it all
Disappointing on the broadcaster POC , however "replacing most of the Company' sales and marketing team." "A new senior Marketing Manager has already been engaged." "Forbidden is also looking to extend its reseller efforts to the West Coast USA and Latin America." ""n the past few months the Company has signed a number of exciting new PoCs in multiple regions and new sectors" "the Blackbird video technology should be a game changer within the industry " Ian certainly seems to know what he is doing. The question is clearly...what is it going to cost to get there and how long is it now going to take ..another 12-18 months minimum ..."there is a lot of work to do"
I am very disappointed with today's update. We are loss making, projections to hit profitability in 2018 will not be met and I feel the current mcap is no longer justified. The PoC failure is a huge setback for the company as it shows the big players are not convinced by our tech. The BBC has been under huge pressure to reduce costs yet decided against continuing their 1.5 year partnership with FBT. Any big deals won't come easily in my view and the company has grossly failed to deliver shareholder value. They've had 17 years and this is simply not good enough. The prelims to be released in March will be poor and despite having a decent cash balance at the close of H1, with the rising R&D/recruitments a cash call will be needed at some point. It is difficult to put any positive spin on the news I'm afraid. I hope Ian does turn it around.
you can't polish it but you can roll it in glitter.
Yep, that’s a kicker. I’m sitting on a loss but still hopeful for the long term
A lot of negatives from last year as expected but bullish conclusion from CEO "My customer visits have highlighted the challenges and opportunities the industry has as it undergoes digital transformation. Feedback from both customers and prospects is unanimous - the Blackbirdâ„¢ video technology should be a game changer within the industry - and reaffirms my core reason for joining Forbidden as CEO. There is a lot of work to be done, to tackle both the lack of sales and the fact that the Company has been under-selling its technology. I relish the challenge. Let’s bope he can pull it around next year
Blimey, after all that it was not adopted. Glad I got out of here months ago.
What are the MM'sdoing with the spread on this?.. 13% spread Ask::6.50p Bid: 5.75p Is that right? ...what sort of market does that create? .. Anyone triedsome dummy buys..what's the availability like?
SS is attempting to write a University level lecture into a blog post, without any visuals, introducing many complex terms and theories. For me (a mere mortal new to the concepts of AI ) it appears he needs a ghost writer to be able to re-write all that stuff into something more managable to the reader.....or is the reader supposed to be versed in all that stuff already? Each paragraph almost needs a separate post of itself to explain in more detail the concepts that he is introducing . Who is the blog post aimed at,exactly?
http://www.forbidden.co.uk/2017/12/05/ai-the-limits-of-iq/ Probably means no RNS this week as this would detract attention from it.
Let’s not forget Stephen Streater recent blog. “Having said that, my best investments have been long term holdings in tech companies where I’ve got in years before the market has recognised value. In investment, you make your money by choosing well” If that’s not a nod and a wink, I don’t know what is.
I think the CEO has been working hard in terms of developing the right marketing strategy for the year ahead...and talking to the right people.. It makes you wonder if he will forget about some of the trade fairs next year and invest the money in these new positions that go for bigger players and bigger contracts There will come a time , maybe 2018 is the year, when people will come knocking on FBT's door instead of having to spend time and money trawling for clients via the trade fair route... IMO...interesting year ahead
Shining indeed, on quite a bevvy of trades. Looking forward to good things here.
Something has livened things up. We haven’t heard from Ian the new CEO. I have this feeling we will soon, with an update on POC. Certainly looks like they are gearing up for a big contract, with jobs advertised. They wouldn’t be doing that unless they new the money was going to be coming in shortly. IMHO.
Not much of a free float, so best get on board at these low levels while you still can.
Looks like ticket prices to the show are getting more and more expensive....all the front row seats selling out fast
Not into big volume just yet but another nudge back up, looking promising at last.
When Aziz left back in the spring this was around 8p ....but the company is now in a far stronger position, with a better sense of direction and leadership....just need that break through contract to come through