Member Info for BouncyDeadCat

1GW, In that case - I take it you don't fear there's much, if any risk in the remaining YuMe shareholders voting against the acquisition then? I think that's maybe where the uncertainty/risk would lie in most PI's minds and why I think most wouldn't have wanted to play the arb position. That's why I think it's exhausted PI's selling Just my thoughts... We've had no news of stock reductions from any of the main II's holding R1 stock. It would be handy if they were also buying up YuMe shares as well.

1GW, In that case - I take it you don't fear there's much, if any risk in the remaining YuMe shareholders voting against the acquisition then? I think that's maybe where the uncertainty/risk would lie in most PI's minds and why I think most wouldn't have wanted to play the arb position. That's why I think it's exhausted PI's selling Just my thoughts... We've had no news of stock reductions from any of the main II's holding R1 stock. It would be handy if they were also buying up YuMe shares as well.

Either a CFD or Call Option. By whatever instrument you use it's still going short and is pretty easy for a retail investor to do nowadays. Having different user names on the different public bulletin boards and spreading constant fear and inflating the 'risks' around the stock can be a tactic to flush out weak private holders - and they're the only ones that have been trading (selling) this stock over the last few weeks.

haha. Some probably need to be put on life support after the last 3 years :) Everyone has different life circumstances and as such some people may not have the time to wait (Is that better?). Obviously some PI's were just fed up of waiting and that's why they've sold out.

Why don't you just admit that you're shorting the stock? Why else would you spend your day endlessly posting negatively on a share you don't have a position in?

stt1, You missed my point. It is often the format and the way they like/want the information presented that isn't always disclosed by these public bodies. I know how the Audit Commission work. I'm not sure if the SEC are similar...

1GW, R1 have a new FO in place, I guess that needs to be taken somewhat into account as he will need to start at the very beginning. Even though ED Reginelli has worked for R1 before, he wasn't there during the last two acquisitions. I have a friend who works for the Audit Commission and I know these bodies don't always disclose exactly what information they require and in what format they want it in. I don't know if the SEC is in any way similar?

It's very easy for the retail investor to take out a short position these days. and with it being PI's that have been selling, having taken your position, coming onto public BB's in an attempt to erode the confidence of the small private investor wouldn't be a bad strategy to take. I presume you have also registered on the other public bulletin boards and are spouting the same negative 'We're all Doomed!!' diatribe?

If you look at all previous results R1 reported the numbers as one set of revenue. This is the first time they have had to split out the individual components. When they took Perk over I don't imagine they thought they were going to purchase YuMe at that time and assimilated the business. RadiumOne was very recent. And it's pretty obvious you've taken out a short position on this share - Why else would you spend your day endlessly posting negatively on a share you don't have a position in?

I know you're shorting the stock, but the company gave no exact date for the completion of the F4 documents (although they expected to get them filed by end of October according to 1GW) However, these documents are going to take time to compile because of the recent Perk and RadiumOne acquisitions. The deal is set to complete in Q1 2018.

I don't know how many institutions were involved in the discussions/negotiations and which of them other than Tosca signed a letter of intent, so I don't know, it wasn't discussed. Ed referred to insiders as being the directors. At the current share price level, I think some of the directors may actually have bought a few if they could. IMO R1 was very good value at �3 and at the current level, it's really cheap. If they get the YuMe deal over the line and commit to Numis's forecast for next year then the SP will triple over the next 12-18 months. Granted - there's a few ifs and maybes in there. As for the selling. Ed said if you look at the trades and volume it's all private investors selling. I have L2 and I have been watching some of the trades go through (although I don't spend my entire day looking at L2 like some) and it is all PI's selling. Ed also said the company can only release updates and it's up to the market (in this case private investors) how they react to the news. In my opinion, I think there are more than a few private investors who have simply thrown in the towel and sold up their entire stakes - and I cannot blame them, it's been a rough old 3 years with no profit to show for their efforts. However, I think these PI's who are selling are maybe throwing in the towel a little too early. R1 is getting towards the end of the fight. If this were a 12 rounder, we're about to start Round 11. As Warren Buffet always says 'Wealth always gets transferred from the impatient to the patient investor'. However, with all of the acquisitions and re-building of the business, I can understand that there are more than a few 'punch drunk' private investors that have simply given up. For me, the current weakness in the SP I see as an opportunity to top up, I've been in and out of this stock since 2009 and the share price is now just below my average. However, I do see it going back up and I believe that when this industry finally settles down, RTHM will emerge as one of the leaders in this sector. I am still reasonably young and I have the time to wait. I know some PI's don't have as much time and we all need to make our own decisions. I'm also comfortable with the strategy the company has taken. Since �3 I've been buying a few thousand more shares each time the share price drops by 10p. Also, I'm pretty sure if the company want to provide outlook they also have to provide a safe harbour statement - ...This is a forward-looking statement..... things may be materially different than our expectations... etc etc. Not something they would put in an RNS.

Thanks for the info.

Did you glean any other insights from the GM?

I also think the dynamics of the company will be (fundamentally) changed once they merge with YuMe.

Horsey, it wasn't bragging - what's there to brag about? (a strange conclusion to make!?! that comment probably says more about you than it does about me) There's been a delay - I wanted to know what that delay was - and I'm sure that was useful information to others so I was passing it on.

Bmac, 'Mediators are individuals trained in negotiations' and they sound waaaaay cheaper to employ than lawyers :)

1GW, Did you personally attend the General Meeting?

I wouldn't at all be surprised if these two were one and the same person. And it's pretty obvious that stt1 has taken out a short position on this share - why else would you spend your day posting endlessly on a share you don't have a position it? - It makes absolutely no sense whatsoever. Mind you, R1 aren't exactly promoting themselves at the moment. PI's getting fed up and selling out are helping sst's cause.

1GW, my thoughts exactly - hence why I contacted Ed for clarification. The delays however, do all seem to be due to the complexities of providing all the required information in the correct format, which also includes that of RaduimOne and Perk.

from RhythmOne�s investor relations. We had a 10-15 minute conversation in which we mostly chatted about the T/O of Yume. I just wanted to clarify the position around timings. To clarify: The reason R1 expects the acquisition to take until Q1 to complete is because of the SEC filings. This essentially centers around the all-important F-4 documents which are quite convoluted due to R1's recent acquisitions of Perk and RadiumOne. The SEC won't be rushed on these filings and there is a timeline to adhere to, therefore, the acquisition filing has to take the time it has to take. I floated a few scenarios Ed's way, one of which was the possibility that YuMe shareholders would vote down the acquisition if the arbitrage price discrepancy between R1 and YuMe's share price remained until Q1 2018. Ed appeared to think this wasn't too much of a concern and referenced BAT's takeover of Reynolds in which BATs market cap reduced significantly on the announcement of the acquisition and then went back up after. 'Obviously that was a main market company with a far larger market capitalisation, but he said it goes to show what can happen to the market cap of a company after it announces a significantly large acquisition/merger of a rival company'. We also talked about the recent trading and slump in the share price Ed said 'If you look at the recent trading patterns and volumes, it's lots of small Private Investors selling, it's not institutions selling'. I agreed and if you look at the volume you can tell that's the case. As R1 are in a closed period, insiders such as BoD's and institutions involved in the deal cannot buy any stock. So we're currently at the mercy of small PI's selling piddly amounts drip, dripping the share price down. The large institutional investors on both sides of this deal are firmly in favour of it. The F-4 documents also spells out to YuMe shareholders what the merger will do for the combined company and how being a larger entity will allow both companies (as one) to better compete and win market share as this merger will create the Largest Independent Digital Video Advertising Marketplace outside of YouTube. Obviously I've been buying a few thousand here and there since the price dropped under the �3 level, so I just wanted to check everything was still on track, which it appears to be.