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Buying...
Like it ...new dawn....up she goes....
21 March 2018 Proxama PLC ("Proxama" or the "Company") Result of AGM and confirmation of name change Proxama plc (AIM: PROX), the leading mobile location data and intelligence expert, announces that all resolutions at its Annual General Meeting held today were duly passed. As a result, the Company confirms that as of 22 March 2018, its shares will trade under the new name of Location Sciences Group PLC and the TIDM 'LSAI'. The Company confirms that there is no change to the Company's ISIN: GB00B2PKZ581. The Company's new website will be available from 07:00 am on 22 March 2018 and can be found at www.locationsciences.ai.
Some return to positive sentiment...some uplift on it's way??
I'm genuinely thinking of adding a few more... It depends if cash flow can be maintained and slade pulls it off.. but it's going int he right direction
Is this worth a punt at these low levels?
Ben C's LinkedIn Bio: IRIS Worldwide - Huge network agency ________________________________________ Iris Concise is the management consultancy arm of iris Worldwide. We have offices in London, Amsterdam, New York, Atlanta, Shanghai, Singapore and Sydney. Key clients include: IHG, Philips, Samsung, GEMS, AQA, TAB corp, Adidas, Value Retail, Unilever, Diageo, Mini, Shell Retail & Rank Group
With the 5m buys no movement???
We should get a confirmation RNS shortly after the conclusion of the AGM. Hopefully we will get a little kick up on that confirmation!!
Highly experienced management consultant from the Media sector... Perfect... https://www.nedonboard.com/expert-interview-benjamin-chilcott/ This is potentially building up to something amazing if Slade can pull this off
Seen that my 5.8m shows as a sell it was a buy. As it’s mine at .019p
Well done! I've just added 2m, and note a nice 50m buy early doors.
Bought the ones I sold yesterday back
to me, now we'll have to wait and see
Really ? They've spent some serious Dosh after raising �3.1 million and selling the Digi Buisiness ,they had �1.1 million left ish @ year end . 16 staff out of that How many Bods ? And How many Indians ? And now another Bod !
21 March 2018 Proxama PLC ("Proxama" or the "Company") AGM Statement Proxama plc (AIM: PROX), the leading mobile location data and intelligence expert, is holding its Annual General Meeting today at 9.00am at the offices of Redleaf Communications, Sky Light City Tower, 50 Basinghall Street, London EC2V 5DE. Ahead of the formal business of the meeting, Kelvin Harrison, Non-Executive Chairman of Proxama, will make the following statement: "2017 was a transformational year for Proxama. The sale of the Digital Payments Division and the successful £3.1 million placing and open offer mean the Company is now debt free. A new management team, including a new Chairman, CEO, CFO and Chief Strategy Officer, have completed the restructuring of the Company, and the cost base has been radically reduced with administrative costs now running at less than half of their 2017 level. The London and Norwich offices have been relocated to more cost-effective sites and headcount has been reduced substantially to 16 from 60 people at the end of 2016. As a result, we are well placed to pursue our new strategy, focused on the rapidly growing location data market and I am pleased to report that we are trading in line with management expectations. The Company has also set new KPIs for 2018 focused on gathering 30 billion data points with an audience of 10 million consumers, and aims to launch and monetise two new products. A resolution will be put to the AGM to change the Company's name to Location Sciences Group PLC, reflecting this new strategy. Subject to shareholder approval, following the AGM, the Company will also launch a new website with improved shareholder functionality. There will be a presentation from senior management following the AGM, outlining why the Company has focused on location data and intelligence, including the market opportunity and a product demonstration. We are also pleased that, as separately announced today, Benjamin Chilcott will be appointed as a non-executive director of the Company, following conclusion of the AGM. Benjamin brings a wealth of experience and relationships with brands, agencies and products. The new Board is pleased with the progress that the Company has already made and we look forward to updating shareholders as our strategy unfolds." End Enquiries: Proxama PLC Via Redleaf Communications Mark Slade, Chief Executive Officer David Rae, Chief Financial Officer
21 March 2018 Proxama PLC ("Proxama" or the "Company") Directorate change Proxama (AIM: PROX), the leading mobile location and data intelligence expert, is pleased to announce that Benjamin Chilcott will be appointed as a non-executive director of the Company, following the conclusion of today's Annual General Meeting. Benjamin co-founded the management consultancy company, Concise Consultants Limited, which was acquired by iris Worldwide, the integrated marketing agency in 2008. Following which, Benjamin became CEO of iris Concise Limited, the strategy and consulting arm, and served on the board of Iris Worldwide. Benjamin is also non-executive Chairman of the electronic receipts com
Brilliant up from here now
In their opinion they reckon Q3 2019 to possibly be just profitable if I read it right ! ( if everything goes to plan ) The Question being how much further dilution till then ,and @ what price ?
I did it last year and sold 1/2 kept half glad I did. fantastic opportunity given to buy at .003p this loyal shareholders thanks proxama , when I sold today I got a third less than the preferred rate for shareholders I still have 6M and if it is good tomorrow I will buy more . If it’s bad I will buy a new front door.
Wheeler 1 - thought you would never compromise. At least you have a stay on the English Riviera as a small consolation for your investment. Sadly Beverley Beaver and all those idiots who almost believed the Ironic postings are now without. I am one of those - one of the many. One of the pelicans escaped in the Durrels last knight. Was that the Digital Payments Division that did provide the income this company now now needs - needs a money tree - or bust.
Hopefully we'll get a post AGM update!
Changing the name to Location sciences and announcing placing or any other bad news on the same day would be a marketing suicide. The new beginning with new name must have some positives attached. If I remember well Mr Slade comes from ad/marketing industry and knows the rules very well.
Hopefully they pull it out of the bag, and justify these figures. I have no problem if wages/bonuses are in relation to, or as a result of success!!
Hard to take when i'm 95% down and thousands of pounds, and then read of a �50,000 bonus being paid out.....for what exactly ?