Member Info for creature

They already have Iris, so perhaps just some bespoke fine tuning required. ie. 10 minutes on Photoshop : )

I suppose we have the advantage of reading from a different view point. Possibly just lazy wording, ie easier to fob-off that write the detail. Unfortunately we noticed. Anyway, I believe MIRA has the 'potential' for massive revenue in place and hopefully fully funded now.

Me too.........that's the angle I tend to use to examine these companies with, ie do the words make sense. However, I suspect the positives far outweigh the negatives here at the moment. Nearly 100% profit margin etc etc and they obviously know how to win very big contracts.

Well I've not noticed a better time to buy at MIRA to date. Seems they must have at least 2m in the bank, and all the new revenue rolling in. And the prospect of a giant contract in the summer, and the potential of more similar deals.

Today's RNS: 'The Company currently has four contracts generating subscriber-based fees and with the revenues being generated at no material cost to the Company, the margin on such subscriber-based fees is almost 100%.' ------------ One Hundred Percent

If it was oversubscribed then the placing price was definitely too low IMO. Anyway, looking at the positives, revenue H1 is going to be close to last year But gross profit margin is a massive 96% That's more than in 2012. So could still be good results

'The Placing was significantly oversubscribed and has been supported by a combination of existing shareholders' ---------------- I wasn't invited : (

Close to £3m, still good. Positive news needs to start rolling in now, and it had better make sense!

I prefer the stress. It is nice when everything makes sense though. So far I do not understand why focusing on the trial would mean that revenues would be down. Surely they wouldn't turn away work with a couple of million flowing in from placings? Anyway I will write to the CEO, perhaps he has seen my shirt : )

Not wanting to stamp on my own foot, but..............I would be adding were it not for the line below. ie not sure that I would turn revenue away just because I was focusing on another project. Any thoughts on that one would be appreciated. Stuff has to make sense to me or I get fidgety : ) ---- ''The focus on this trial means that first half revenues are likely to be slightly down year-on-year''

Yep. best focus on the positives. I'm sure I was wearing a watch earlier though

here. not to worry, hopefully a bounce

not sure, still recovering from a kick in the teeth : )

'The focus on this trial means that first half revenues are likely to be slightly down year-on-year' ---------- Hmmm, not sure I buy that comment sorry.

I'm staying in for a better day.

not sure I understand this. Is that £3.2m talking about last year 2012/2013 ? 'mirada continued to make good commercial progress during the first half of the year. The solid growth achieved in the Latin American market in 2012/13, with revenues more than doubling to £3.2 million, has led to a high level of recognition of mirada's products in the region. The Company is now pursuing a number of major opportunities, such as the previously announced paid-for trial with a major digital TV operator for mirada's multi-screen product, iris. The focus on this trial means that first half revenues are likely to be slightly down year-on-year but, if successful, the trial would lead to a major commercial launch in the first half of the next financial year and a step change in group revenues.'

Naughty boy is getting greedy : ) What do you think Kaching? I thought the trials were 'paid for'? So a bit much, a bit too low a price and a bit soon after the last one IMHO

Down a bit, perhaps due to Philippines, I don't know. Keep watching, & come back soon

riddler - brilliant, glad you're in. Perhaps someone has a sense of humour calling it a trial..........If the trial is for $1.4 MILLION...........how much will the secured contract going to be worth? I guess it will 'far exceed the Group's existing annual turnover.'

Half Year Report is due around now isn't it ?