Member Info for Eddie21

An interesting and Positive post on Blinky on iii BB by 'BigBear' posted Sun 20;09 that is worth reading. Re-enforces the view that good things are happening and much more about to happen at Blinkx, but would all this USPs and wonderful capability materliaise AFTER the small Pi has been shafted through a naughty Takeover plot OR are we going to be there when it happens and received our reward?

Omg.. This is getting depressing by the minute… wish I never mentioned Takeover Rules at all….lol

Thanks guys. Since last post there was also some good information and links on iii BB on the subject. One confirming the period to be 12 months rather than 6 as Piler pointed out plus other rules surrounding this option. At any case who knows... but I guess one should be prepared for any eventuality and this will be the worst scenario for most of us, especially for those with high SP averages

Just saw the comments by a poster on the iii BB, ...words to the effect that once the 30% ownership threshhold has been reached and Tosca are required to bid for a potential takeover then under the rules the bidder (Tosca) are only obligated to offer the highest price they have paid in the last 6 months. Not sure if the above is factual and applicable in the case of Tosca. Anyone with some clear knowledge around this?

If nothing sinister is going on in the background (e.g. Tosca setting Binky up for a quick and dirty sale), which I still doubt, then we have to presume they are aiming to build Blinky up again for the medium to longer term. Whatever their Share ownership target % is, they seem to be able to accumulate nicely towards it and ‘on the cheap’. My feeling is that their ownership target and the timing of reaching it are already aligned with THE announcement of positive results that everyone is expecting (H2 figures). I, like many others here, find it difficult to see how they would otherwise sink so much cash in Blinky if certain assurances and proofs from within Blinkx had not already been received. Would you invest like that anywhere if you didn’t have access to some solid insight? Anyway all speculation (with I hope a little sprinkle of simple logic). Time will tell. Good luck all

Too young to remmember that Piler! :)

There was an interesting Radio interview on the BBC Radio yesterday on ‘Video Ad-Blocking’ and its consequences for the on-line Advertising industry. Some Content Owners going down the subscription route and /or voluntary donation route to raise money for their content Apparently also in parallel there is now a backlash developing from the Publishers/Content owners etc …. By the way of "Blocking the Ad-Blockers" !!! Not sure how the technology works here, perhaps some of more technically inclined fellow posters can explain! Apparently publishes like the ‘Washington Post’ for instance are already going down this route…. Interesting!! and Cheers

Will be nice to break 30p this week followed by a positive quarterly update of somekind.

Thank you all for your inputs. It does give me a better perspective on trying to evaluate risks attached to various scenarios that could unfold. Albeit not a very likely possibility, my main concern (playing devil’s advocate) has been some form of ‘collusion’ between the TOP major holders to somehow steal Blinky on the cheap (with or without taking it to Nasdaq), particularly if the BOD are also on the act! If the above scenario is NOT the case then by default we have to presume that Tosca and RG & ML etc. are in it for the longer term and looking at restoring some of Blinky’s former SP glory.

Lets break this down! What if Tosca do pass the 30% threshold and thereafter have to make an offer for the company, …. Let’s assume Tosca makes a low offer of say 40p per share, then what % of the remaining minority shareholders (from the table of holdings below)need to agree with this figure to enable Tosca to take over at 40p? Toscafund Asset Mgmt 24.30% Richard Griffiths. 10.06% Hargreaves Lansdown 7.84% Barclays Wealth Mgmt. 6.79% TD Direct Investing 5.64% River & Mercantile Asset. 4.92% Halifax Share Dealing. 3.45% I would imagine none of us small fry will have a say!?

Thank you Rusty As for mr ML, I too have wonderd where he stands in all this. He hasnt bought for some time, even when the SP has been on the floor (15p), There again I think his mind maybe elsewhere with looming law suits and counter law suits against HP for hundreds of millions of $.

Guys, I saw the quoted comment below from another fellow Pi on the iii BB. "Tosca will have to get over 50% of the voting shares to take control and over 90% to force the remainder share holders to sell" (to take the company private). Does anyone have a good understanding of the rules and the mechanics of when and how a majority share holder (Tosca) can force other share holders to sell? - Thank you in advance.

Question is.. what is their intention and plans for Blinky. Still, I am not fussy, just hope they know LOTs of things we dont yet.

I heard on a different BB that we can expect the Blinkx Quarterly Update sometime next week. Does anyone know what the agreed timescales for this were from the AGM?

Lots of profit taking at play I would imagine too! Must be very tempting for Traders and Opportunists who for example bought at 14.75p to cash in at 27p. We need continued 'Sticky Share Demand' and less floating shares available for short term traders

If we had a £ sign in front, I wouldnt be here talking to your guys in the first place, I would have been away already sipping cocktails in the tropics! lol

At the risk of being shot down in flames here, I have to say that I am beginning to warm up to the Blinkx BOD again! Have been seeing some tangible signs of progress (albeit that they are few and relatively minor ones so far). That’s not to say that I think they are blameless(far from it)! Let’s face it if our ‘Clever Investors’ didn’t want BM to continue (at least in the short term) they could have between them engineered his departure fairly easily). I sense cautious optimism returning once more and I personally haven’t felt this positive in months (today SP rise has helped too) lol. Don’t know how the rest of you feel!?