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A landmark turnaround and the town sleeps. WAKE UP PIs.........

REAL REVENUE STREAMS HAVE BEGUN At the end of September 2018, Location Sciences reached a monthly revenue run rate of more than £70,000, with 69 per cent. of this being generated from either recurring or repeat revenue streams.

Well and truly alive and kicking. Mark Slade does it again......... Location Sciences Group PLC (AIM: LSAI), the leading mobile location data and intelligence expert, is pleased to announce the signing of a 24-month contract with Talon Outdoor Limited ("Talon"), the UK's leading Out of Home ("OOH") planning and buying agency. Location Sciences will provide Talon's clients with unrivalled insight into the impact of their OOH advertising campaigns. Talon will both license Location Sciences' proprietary location data, as well as work in partnership with the Location Sciences Data Science and Engineering teams, to create improved frameworks and accuracy for planning and attribution. Talon's clients, amongst many others, include McDonald's, Sony Pictures, VW Group and Google. This contract is further demonstration of the inherent value of the Company's data lake and is the second long-term agreement that Location Sciences has signed in October. It is further proof of the success of the Company's evolving business model. At the end of September 2018, Location Sciences reached a monthly revenue run rate of more than £70,000, with 69 per cent. of this being generated from either recurring or repeat revenue streams. Mark Slade, Chief Executive Officer of Location Sciences, said: "I am delighted to announce this contract with Talon, a leading player within the OOH marketing space. Talon utilises the latest technologies in its cutting-edge OOH communications and its choice of Location Sciences pays testament to the quality of our offering. There is too much smoke and mirrors in location data with vast differences in quality and accuracy. We are pleased that Talon, like many others, has recognised the accuracy and scale of our data. We look forward to working with them to bring out the value of location data in OOH planning. This long-term partnership shows this data will become more and more critical to brands investing in this space."

Mine too and very quick i might add.

Further reply:- In respect of further opportunities, we are limited in what we can say in private correspondence.  We will however be updating the market at the earliest opportunity via the Regulatory News Service.   

Having emailed WSG i was reminded of this highlighted section below Managed Services The first six months of the financial year have been defined by our intense focus, efforts and achievements in developing our Managed Services business, which has the potential to deliver transformational growth. Not least in this respect was the signing in May of the large scale, long term contract for one of 60 airports in Iran. Following the US unilateral withdrawal from the Joint Comprehensive Plan of Action (JCPOA) we had to put the project temporarily on hold whilst we worked with our Iranian customer and the EU Authorities in order to address a number of challenges created by the US action. Despite the fact that none of the proposed equipment or services related to this project are covered by existing or proposed, new primary or secondary sanctions, the US position has created some uncertainty in the business world. Westminster does not have any significant US business activities and the US is not a target market for us and so the US position is not a threat to our business. Unfortunately, some of the proposed equipment manufactures in the supply chain do have US exposure and so we have had to address this and in some cases source alternative suppliers. Equally the restrictions on financing and banking being promoted by the US have created challenges and we have had to put various measures in place to deal with these which have included changes to our UK banking arrangements and ensuring we have robust payment and receipt processes in place that do not involve any funds coming from or going to Iran. The project is a Euro denominated contract and there will be no USD transactions. Insurance is another area that has been affected by the US position however I am pleased to report we are making good progress in this respect. We have been working closely with our Iranian client on addressing all these issues and are currently preparing an addendum to the contract covering proposed changes in equipment, order of the rollout programme and the financial and payment structures. Both parties remain committed to the project and are eager to exchange board letters to commence the project at the earliest opportunity.

I think we managed 19 days of drilling before we encountered problems on our first attempt. We are now drilling with a far more stable platform having learned from our mistakes. 6 more days and we would have reached our first target. Surely now we will make the first well without any issues and the onwards and downwards for greater rewards.

Metres that is.

We must be about 230 down now. No news is good news at these stages.

$110bn deal with the Saudis. No wonder he wants so desparately to stop Iranian oil export. The Saudis get to produce more at a higher cost i might add. Providing them with the additional finances to close the deal. Securing the biggest deal ever for the USA. Great kudos for Trump. Clever man. Hey we also want our 300mill too.

Seems to me that Trump cuts the cloth to suit etc. Perhaps all should put sactions on countries that deal with Saudi Arabia. He refuses to cancel an arms deal even when they commit murder at will. Yet he imposes sanctions on Iran for complying with the JCPOA. Proves his alledged values are baseless.

Funny enough i emailed them this morning requestin a reply for the two very same questions. This was meant to take place around 90 days i recall. Full launch was to follow by the end of September. It is fair comment for shate holders to have recieved an update on that by now. Ie why the delay?

This share will continue to fluctuate up until the last week of 25 days. Many will buy and sell in to the fluctuation in order to increase their cash flow. Providing there are no issues then this year will rise considerably on the approach of 25 days, first tier. We will then start seeing confidence grow during the remaining 40 odd Days. Hoping all goes smoothly in which case we would have nothing to worry about forget the short-term.

Hi H&N know u over at mys.. you should take a look at the write up page 58 on business page. Evening Standard. Great punt. Going to watch this one for a bit especially if all takes off on the other side. Wont be watching the BB here constantly as i do not have shares here presently.

Started to climb again. The best news is that if it does then Chris will go back to his hole and disappear never to be heard again.

Read my prevoius post. My thoughts exactly. Part and parcel of the agreement. Imo

Jez i think working with Tencent is what drove Erics exit. A company with their reputation may not want to be associated with his history. Especially if there is more to come soon. My observation.

WeChat is a Chinese multi-purpose messaging, social media and mobile payment app developed by Tencent, the multinational technology investment group. WeChat is one of the world's largest standalone mobile apps with more than 900 million daily active users (WeChat Data Report, November 2017) and is regarded by many as increasingly integral to the Chinese lifestyle. WeChat's wide range of functions include mobile payments, with more than 600 million active users, and an instant translation feature covering more than 20 languages. The WeChat Agreement was entered into by the Company with Hoi Li On International Limited ("HLO"), a wholly owned subsidiary of BlueOcean Advertising Limited ("BlueOcean") which is WeChat Ecosystem Solution Provider for brands and merchants seeking to acquire and engage Chinese customers. BlueOcean is a "Tencent Official Institutional Partner" under a Global Advertising Licence made with Morespark Limited (a wholly owned subsidiary of Tencent Holdings Limited). Tencent Holdings Limited is quoted on the Hong Kong Stock Exchange (ticker 0700.HK) with a market capitalisation of approximately HKD 3,000bn (GBP 294bn). In consideration of consultancy services relating to the introduction of BlueOcean to the Company and negotiation of the WeChat Agreement the Company has agreed to issue 17,471,657 ordinary shares of no par value to each of Sea Desert Holdings Limited and GP Holdings Desert Limited. Application ("Shares") will be made for these shares, which will rank pari passu with the Company's existing issued Ordinary Shares, to be admitted to trading on AIM. It is expected that admission will become effective and that trading in the Shares will commence on or around 12 October 2018 ("Admission").

Advertising agreement. It would be surprising if anyone in their right mind sells today. We are motoring. Still a lot more news to come. This is ramping up from here on. GLA

To be the spread moving more than anything. Could well be a blue day tomorrow.