Member Info for KaChing

That didn't turn out as I'd hoped, still it's only Feb and the new investor must have seen something to pay 6p per share, I'll assess this one again in a few months to see whether I should stick with it or cash in!

Good to see orders for Acta products going out of the Heliocentris buildings

still in the mix. If you sign up to the Heliocentris newsletter you’ll receive a great piece on the Acta products they are selling, something similar to what’s in the link http://www.heliocentris.com/en/academia-offering/products/training-systems/hydrogen-supply/acta-hydrogen-supply/acta-hydrogen-supply.html and this from their Facebook page dated 5th Feb 2014 “The first set of our #ACTA electrolysers is ready to be delivered to La Réunion, Africa. We conducted a high quality training with one of our partners here in #Berlin to enable him to install two customized electrolysers at the University of Reunion Island. The customer can produce up to 1000 NL/h pure, dry and clean #hydrogen with the electrolysers.” https://www.facebook.com/heliocentris

Plenty of chatter on twitter about the new product ......... got to be patient in here! lol

Yeah I’m fine and dandy ………. Unfortunately at the moment this is all about one contract landing, however if that contract does fall into place then for at least the next few years the subscriber fees should be the nice cash cow that I was banging on about in April last year, lol especially when added to the other 3 customers subscribers!! Actually if MIRA sacked everyone they would be doing ok from GVT, Axtel and Cablecom subscriber fees, lol

converting them at 10p

the Loan note turned into equity got to admit to being tempted lately to add more even though I said I wouldn't after the placing because the GVT subscriber numbers have been accelerating since they launched their satellite service

I think this will be a sleeper for most of us for a little while longer

Had a quick reply from CNS, expect an RNS tomorrow, it would seem they are more accustomed to the USA, lol ………. The following is from CNS “RNS releases normally launch at 7:00AM GMT. The product launch today launched at 8:00AM Eastern Time. Check back tomorrow for the RNS.”

Corero’s new product (via twitter) http://www.corero.com/company/newsroom/press-releases/corero-network-security-unveils-smartwall-threat-defense-system-for-cloud-hosting-and-internet-service-providers/

I haven’t been in touch for a while, but I will send an email tomorrow as I can find out more via twitter than I can via an RNS! The latest is the price of the new product which starts from $250k for 40Gpbs configuration Corero ‏@Corero 4h @NetworkWorld New Products of the week feat. @Corero SmartWall Threat Defense System for Service Providers http://ow.ly/te9EQ

This company seems to have a problem keeping the market informed through official RNS releases This news via twitter (posted in the post below) should surely be in an RNS first!!

Corero Network Security Unveils SmartWall Threat Defense System for Cloud, Hosting and Internet Service Providers “We are excited to introduce this new portfolio of First Line of Defense solutions for service providers,” said Ashley Stephenson, CEO of Corero Network Security. “Building upon our years of experience supporting enterprise customers with on-premises DDoS protection, we have now enabled service providers to similarly assist their customers in the escalating battle against cyber threats. With the addition of the SmartWall TDS, Corero is well positioned to keep pace with the evolution of the DDoS defense market and customer demands for improved levels of cybersecurity protection, both on-premises and in the cloud.” http://www.corero.com/company/newsroom/press-releases/corero-network-security-unveils-smartwall-threat-defense-system-for-cloud-hosting-and-internet-service-providers/

TheOverseer, I'm still here I think the news flow is a little too slow for the traders and the trading update although solid didn’t set the world on fire, but then most of us who have a position here knew it was in all reality going to be slow (even if at times we get carried away) and if like me I guess we are all waiting for some more news on progress on the new product before adding further. There is no doubting the potential and the DDoS threats are becoming a bigger problem, this is a nice company to have in our AIM portfolio of medium to long termers, IMO “One type of targeted attack that has seen a particular resurgence recently is the distributed denial of service (DDoS) attack. In a recent report, Cisco states that “DDoS attacks should be a top security concern for organisations in the public and private sector in 2014.” According to Ashley Stephenson of Corero Network Security, DDoS attacks can be considered to be the cost of doing business online.” http://www.bloorresearch.com/blog/security-blog/2014/1/ddos-attacks-the-cost-of-doing-business-online/

I wouldn't bother, I think you'll find I'm right just look at the Interims it's why they showed an operating profit but in reality the loss was actually €1851

I believe the actual operating loss is higher, the share option reversal is booked as a none cash "profit" for want of a better description under the IFRS rules, it is explained the the Interims

Hi IT, The info on Capital Expenditure is on their website, they estimate it will be around £240k per annum for the foreseeable future although that was before the dedicated Government development which brings its own revenue stream “Low capital expenditure requirement: The Group’s capital expenditure was £0.24 million for the year ended 31 December 2012. The Directors believe that the cash flow impact of future capital expenditure will not vary significantly in the foreseeable future and that the current infrastructure is also sufficient to support a substantially larger business.” As for the last placing, it will be used for the reasons they stated and Dell and Microsoft are already working on the new facility and recruitment has already started and they expect the cash raised to be sufficient to see that new business to profitability. You could always drop them a line if you are not convinced. It’s all about Monthly and Annual recurring revenue which up until the last trading statement was growing quickly meaning they were hitting their targets for breakeven. The Preliminary’s in March will give further insight into the growth

No worries, JTD are you thinking of getting in? just nod or shake your head to respond, lol

Update affirms Acta Power progress Within less than a year from its launch in April 2013, Acta Power - the hydrogen battery - has gained strong traction with telecommunications operators in several parts of the world. Particularly suited as a back-up power system for mobile base stations in poor-grid and off-grid applications, where it offers a more efficient and less costly solution than traditional batteries and gen-sets, especially when generating hydrogen in-situ to supply a fuel cell. Acta has reported strong interest in customer trials for Acta Power, and to date has sold five units, with two in final evaluation stages and a further two shortly to enter live site evaluation. Currently Acta is negotiating larger network installations for evaluation, with up to 150 units per customer network expected. With each Acta Power unit valued at a list price of €35,000 each, it is a simple calculation to appreciate the significant scale of potential revenues. Indications from its partners point to a likely granting of approved product certification for the system in Q2 2014, with network evaluation contracts to follow. There may be some disappointment that sales growth is not materialising sooner, but with any new product there are often delays. Importantly, Acta reports that CE Certification was secured before year –end, allowing for rapid commercial roll-out once reviews are completed. In order to meet the anticipated demand, Acta's production capacity is being increased to 40 Acta Power systems per month for H2 2014. Having ended the year to 31 December 2013 with a relatively comfortable Euro 2.1m net cash position, the company looks to us favourably positioned to benefit from the expected roll-out of Acta Power systems. CEO, Paolo Bert, summarised this neatly in the news release saying: "The launch of the Acta Power system in 2013 has been a significant milestone for the Company and has enhanced Acta's brand profile in the marketplace and greatly increased its commercial opportunities’’ http://www.equitydevelopment.co.uk/doc/1157.pdf

You can’t rule out the need for more funds but because of the recent placing they were left with €2m odd at the end of Dec, same as the year before, so they are not short of cash in the near term. Now there is no doubt about it that they need to deliver a proper order this year and the update gives reason for optimism on that, which should mean a higher SP and any possible future funding would be at a higher price, something that has been the case since the beginning of 2012, always higher. The seller being related to the “personal” court case (not ACTA) that you refer too has recently been buying shares in ACTA, so if he was/is selling that would a strange move!!!!