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I think they can only be getting the shares from themselves... If you know what I mean. They are well versed in using multiple companies to their benefit and in ways which seem to be legal. I reckon when the FSP was cancelled, many wanted out and I think dbay may have taken a fair chunk under many different companies which they are now transfering to a single entity... all just speculation but something has convinced the board that creating two spaces on the board is necessary at this point. I fully expect at least one to be filled by someone with dbay connections. Feels like we might be closing in on some significant changes, hopefully to the shareholders benefit. Would much prefer if dbay are just simply investing for value, would be much better for us all if that was the case.

Looks like there are two others which offer a similar service.
https://www.digitalmarketplace.service.gov.uk/g-cloud/search?q=Early%20Payment

Well I search periodically for any bepayd news and tonight this came up in the search. So as far as I'm aware it's new, there is a lot of good info about the product and pricing etc.

https://www.digitalmarketplace.service.gov.uk/g-cloud/services/541692626132164

Those 700k trades were both buys then.

Well there have been plenty calling for change at the top and it now seems to be underway. I would think that perhaps one of the replacements might come from Lombard or their recommendation at least, as they seem to be on the side of Sykes and this might strengthen the position against a cheap dbay takeover. But just guessing of course.

Well we were expecting that if dbay were to follow their usual method they would be looking to enforce change, so this really only confirms what we were expecting. Dbay are here to play. I wonder how much influence dbay will have over who is selected for the vacant board role? The board and management team will now have to be on their toes to combat a hostile move especially if dbay get one of their guys on the board. That said, the best way to combat a hostile takeover is to drive the share price up! We need to see the recent good news flow (on website rather than rns) is translating directly into more cash generation and as a result reduced debt.

https://www.proactis.com/uk/company/news/2020/september/rnib-to-transform-procurement-with-proactis/

Yeah, the sound very optimistic about the product and how it lines up against alternatives and how it addresses a specific sector of the market. They did seem to be playing cards close to chest with respect to potential/forecasted volumes, customers, profits etc. However, this was a technical demo to demonstrate the product only. The addition of the third method of monetisation were by the basically outsource the software was interesting and makes good sense.

We really need some strong positive news on this soon however, as we are floating in no man's land in terms of share price at the moment!

https://twitter.com/finnCap/status/1305517492605988867?s=20

Yeah I know, not sure of the value of these kinds of deals but they seem to be significant deals with large organisations.

https://www.proactis.com/uk/company/news/2020/september/edinburgh-napier-university-selects-proactis/

Does anyone have any idea what went down at today's presentation? Feels a bit rough that we're kept out the loop, but I guess it must be legal enough, different rules for ii than for pi's? Expect some release of the presentation tomorrow?

Think this partnership will pay great dividends in the future... https://www.proactis.com/uk/company/news/2020/september/proactis-strategic-spend-management-erp-quantiq/

As expected, though I suspect they hold more, they are a little bit sneaky this lot.

https://www.proactis.com/uk/company/news/2020/september/lids-inc-partners-with-proactis-to-improve-its-so/

Makes sense. Also might explain the II presentation as getting another II or two would be a good defensive move by the board to a hostile takeover. It would stop dbay having free reign and soaking up shares at these low prices. I decent bit of director buying would help a bit too!

Well might not be a bad thing... It needs to be shifted and sooner the better!

I feel that there is good bepayd news on the horizon and that the board are trying to secure further II support through this good news hence the II presentation on the 9th September. Rather than releasing to the market and seeing where it goes, they are looking to sell the good news to the II first. Talk of a 50-60p takeover I can't see, given the last FSP. Although 70-90p I would support, the board are not showing the market enough improvement in all required areas to merit much more than that. If we were taken over at say 80p and the company used another 30m to clear the majority of the debt, for 115m this would be a great buy, a couple of years of decent growth and they could cash in big time... So a lot of value in company yet.

If no rns coming I can only assume that it's a sub 3% holder
who has sold and dbay have bought up using one of their many companies. If true they're getting a decent strangle hold on the company.