Member Info for bloch

Darwin's involvement was not just to keep the fat cat directors in six figure salaries but to keep the whole company alive. All of the company's natural resource projects were and still are commercially unviable. I would personally also extend that to BGL.

LordBachmeier - "BOS has identified potential acquisitions that complement its fast growth strategy for income..." Yes it has and the potential acquisition is called Forte Energy Plc. The fast growth strategy for income is the issuing of billions upon billions of worthless confetti shares to sub-sub-sub penny share punters like yourself.

Washers - "The majority of his posts are not his own so I'm unable to judge his level of intelligence. Maybe if he actually constructed his own posts it would be worth discussing. " Where am I in the Twilight Zone?. What on earth are you talking about. 99% of my posts are my own. In all cases where I cut and paste I give the link. However as we all know one or two links and names you cannot post here or they will be removed. Everybody knows full well where Forte Energy ADULT CONTENT article was taken from. You can't judge my intelligence? Damn right you can't. You need be as or more intelligent than someone to judge how bright they are.

Washer - "Another cut and paste from your idol " They say its a sign of immaturity, inferiority and insecurity to have idols. But I can put my hand on my heart and say I do have an idol. Only one idol and that is Bruce Lee. From the ADULT CONTENT below this is the key paragraph. "How this was allowed to be described as a Fintech business in the admission document is beyond me as it seems to me that its only purpose was to try to seduce investors who couldn’t be arsed to read a bit more information."

Thanks for your advice Socrates but I have no money for hobbies. Lost it all in companies like FTE....And you will be joining me shortly if you have invested here what you claim you have. How about a trip to Butlins together one weekend after the RTO has wiped you out?

Forte Energy – For the love of God, can we drop this Fintech nonsense! As the share price of Forte Energy (FTE) keeps dropping as the BOS Global RTO approaches, as even long-suffering shareholders think some cash today is worth more than nothing tomorrow, I’ll have one last dig (for now) at something really riling me with this stock and that is the total misuse of the term “Fintech”. I’m not one for labels at the best of time as believe they are often lazy tools used to put a positive spin on a business avoiding the hard work of looking at the actual business model, how it makes its money, who it competes against etc. The Fintech label seems to be flavour of the month; in part, I guess, because of the few of the “unicorns” and other venture capital backed success stories that get bandied around from time-to-time but let’s take a closer look and the different types of businesses that fall in this category. Peer-to-peer lenders – these disrupt the banking sector by enabling individuals to lend to each other or to lend to businesses directly thereby earning a better yield on their savings and providing better rates for the borrowers. These include Zopa and Ratesetter in the C2C space and the likes of Funding Circle, Market Invoice, LendInvest and countless others in variants of the C2B space. The majority are VC-backed and have raised hundreds of millions between them. Not entirely sure how many make money though but they get a lot of press coverage as it is an easy story for the Money section of one of the broadsheets every weekend. Peer-to-peer currency exchange – a similar idea to the above but using technology to enable individuals to swap currencies with each other avoiding the dreadful rates on offer on the high street. Transferwise is the unicorn here but there are others such as Currencyfair. Similarly well covered in the press. Payment solutions – countless web and mobile solutions here, starting with the likes of PayPal but more recently, companies like Square and Boku play in this space. Avoiding the need to use banks directly but this time to transfer funds. Insurance services – technology has probably disrupted this space most significantly over the last twenty years with the high-street personal broker now pretty much disintermediated by technology, with a few niche exceptions; first by the phone with Direct Line and then the internet more gernaerlly, facilitated more recently by the comparison sites, such as GoCompare and Confused.com that have then broadened into other financial products from insurance. Data and other services – the real profits are probably from the Fintech companies no-one has heard of which provide data and services into banks to facilitate trading. In fact, following the recent Tullet Prebon deal, Icap is now probably one of the biggest, most successful, Fintech businesses out there in this space.

Anyway, I digress, but the point I wanted to painstakingly make is that all of the companies above have one thing in common. They use technology to provide services normally provided by traditional financial services businesses such as banks and insurance companies. Let’s take a look at the technology provided by BOS Global. Well, strictly speaking, I should say “the technology to be provided” when someone actually agrees to pay for the technology. Its software is Meetingly and Kronologica transforming the way businesses run meetings and organise timesheets. Meeting notes and timesheets. That’s it. What has that got to do with financial services? Nothing. How this was allowed to be described as a Fintech business in the admission document is beyond me as it seems to me that its only purpose was to try to seduce investors who couldn’t be arsed to read a bit more information. If one wanted to give it a label, it should be HRTech, although that isn’t particularly catchy and sounds like medicine for women of a certain age, so let’s just call it plain-old-boring-tech. The issue is that these software applications and platforms are not trying to disrupt and exploit the excess margins and inefficiencies of an historic financial services sector where in theory you are knocking on an open door and there is a pot of money to shoot for. This is just bog standard software that has to be sold face-to-face with an extremely long sales cycle sold in to time-pressed and budget-poor HR executives at global corporations. It is a hugely labour-intensive and time-consuming exercise with no guarantee of success. Ask yourself - if you were in that senior HR role, would you want to pitch to the CEO that you’ve got a new bit of technology that’s going to cost quite a few quid that will change the way meetings are run forever? Exactly. To be fair I did find one positive testimony for Meetingly on its website: "After 30 years in business, more than 50,000 meetings attended and having tried every known process and tool to prepare, capture and act on meeting outcomes, it became evident that note taking tools, paper based systems and workaround’s had failed me and the 1000’s of people I have worked with around the world. Now, meetingly has changed all that. With one easy to use online system I have saved 10’s of hours per month, become more productive, communicative and achieved outcomes never before imaginable.” Sounds good. Which CEO of a huge global corporation is that from? “My name is Michael Travia, proud co-founder and paying subscriber of meetingly. Join me in the challenge to be the most productive and results driven business person and team member you can be" Oh, it’s from the founder………..that’s a bit disappointing. If there’s any of you left, keep selling.

Jarv55 - "Deltalo no offence but Darwin have made thousands and thousands of pounds out of this company, they certainly don't give a hoot about this company" Jarv55 no offence but Darwin haven't made a single penny out of this company they've made thousands and thousands of pounds out of the shareholders of this company.

I can't tell you how disappointed I am. Please unfilter me.

Washers You claim I am repetitive and predictable. I have already and openly admitted to this. The reason being is that the events here are repetitive and predictable. This can be seen all over the AIM time and time again. You tackle this by addressing it over and over again. Today EDL announced plans for a 20 - 1 consolidation. The shareprice is at its nominally value so they can't dilute any further. The consolidation brings the shareprice to only 0.4p still low enough to attract sub penny share punters like you. Once consolidated the dilutions will start all over again. I am not here to tell Harry Potter stories or talk about particle physics I am here to talk about FTE and its total destruction of shareholder value for ordinary investors like yourself.

Washer - "Keep trying bloch your becoming very entertaining." What do you mean becoming very entertaining. Have the decency and humility to admit that I have been 100% spot on with this stock. I doubted they would ever get away with the RTO. I never once said it will never happen. For the record I still think there are enough irregularities and anomalies for the RTO to be pulled at the last minute. Take for example the consolidation. They said it would be 1824/1 now it turns out its going to be 2992n the admin doc it said the conversion would be 1824 - 1 now they are saying it will be 2992 - 1. Normally 21 days is the notice period given for a GM. This lot gave 40 days. They needed that extra time to allow Darwin out and I also believe the other CLN holders are also working there way out.. I said wipe out or wipe off. So far it transpires its wipe out although I have still have not ruled out wipe off. None of you had anticpated a collapse to 0.0026p but I did. The fundamentals are staring you all in the face.

Costa77 - "On plus side every day the % loss is getting smaller." Yes it will get smaller. There is no point in the MM lower the price now because they are no longer attracting buyers. Nobody here is boasting about getting in at 0.0027p. There is a reason for this. In economics there is a term called 'inferior goods' what that means is if the price of a good is considered too cheap or consumer incomes rise consumers will shun the good. FTE share price is now at the level where shareholders are thinking it is so cheap it is probably worthless.

Microtan - " I never get emotional when trading but buy low and buy lower if need be and then sell high" If you were remotely capable of doing that you wouldn't be posting on this bulletin board.

Don't worry when the shares consolidate 3000 - 1 there are enough mug punters on here who will think the bagger has come true.......and will sell into the rise.

The share price is falling because Darwin have been selling without any back up RNS ramps. What would normally happen is that FTE/BGL would cushion the Darwin conversions with a prior positive RNS. They have signed an MOU with company A but cannot disclose who they are due to confidentiality agreements.They have signed a five year deal with TABOA (The Aboriginal Bank of Australia). BGL cannot issue any of these vacuous ramps because it is not listed yet. If the RTO goes ahead you will see all manner of RNS announcement issued to attempt to ramp the stock to cushion the blow of the remaining £900k of CLNs. Speak Later.

graham - wales "Darwin may have converted but they are still offloading." No Darwin are not offloading. They never held to off load. They converted and sold immediately. If Darwin was holding at any time then by law they would be required to submit a TR-1 form advising FTE they were holding over 3%. FTE would then be required to issue an RNS. The fact that no RNS has been issued does suggest Darwin are not holding anything.

tidd83 - "Share conversion is at 1824/1 current ratio is 3000/1 am I missing something or is this just an instant loss of circa 40% on RTO?" No the greater consolidation does not mean you have lost 40% extra. You have lost nothing extra. All it means is because there is a greater number of shares 22 billion as opposed to 13 billion greater consolidation is required to keep you at 7.5 million shares or 15% of the issued share capital after conversion.

g-w -"Looks like they are at break even and selling below conversion price. Pure profit for them here on in" Darwin are out completely. "Following this share issue, Darwin holds no further convertible loan notes in the Company and all Forte's obligations to Darwin have been settled. " "The Company does not expect any further changes to the total shares in issue before the General Meeting to be held on Friday 26 August 2016." What the hell do they mean by they 'do not expec't. Who else can change the number of shares in issue but them? The MM of course by forward selling shares that do not exist. Gone

http://www.londonstockexchange.com/companies-and-advisors/aim/aim/aim.htm Expected money raised...NIL From that you could interpret that they were unable to raise any money in the city because their fintech solutions are offering nothing that your average smartphone can't do. So who is going to pay the A$800k listing cost and fund the company?..... You are. Speak Later

Washers What are you suggesting I work for a certain share website. Even if I did what is the purpose of my posting here? The readership on this BB is about ten people compared to tens of thousands if I stuck to my website. Some argue I deramp to get in lower well how much lower can you get than 0.003p for duck sake.