Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Critsize me as much as you want but many investors made an investment judgment call that seemed amazingly attractive at the time, but the crooked powers conspired to destroy the dreams.
At 18:03 SpikeyJ posted that I was a banned poster blah....blah, that in itself sails over my head because his animosity has emerged because I've highlighted the fact that he posts on 17 boards and openly only admits to fianancial interests in one or two. Why any poster is prepared to argue and battle with genuine investors on up to 15 fronts is absolutely beyond me and mind blowing. WRN is just one sad example of a poster fully prepared to visit sites creating to argue the toss. The odd non investor posting on one or two sites ok but over a dozen .....you kidding me? Who does that. Who the blazers has the time? I was contacted by several posters who were livid with his comments and I'll openly admit to being one of those naive NEW investors that he mocks. Quote " He was one of the naive ameatur pis who naively thought that they had a chance to make some free money by pilling into NEW on what they thought would be a technical squeeze ......expensive mistake. " Firstly in his blind ambition to have a go at me, by calling me naive and questioning investors short squeeze ....free money quips I find very disingenuous and not funny at all. Many people would have made decisions based on those circumstances but I don't think they deserved to be ridiculed from afar. Many believing these unique circumstances were indeed a once in a lifetime opportunity chance of a lifetime to change their families circumstances and in effect ' crush the short sellers' and make life changing returns. It's very easy for hindsight trolls to scof, pontificate and ridicule, with phrases like naive ....free money....pilling into NEW....short squeeze expensive mistake, but I became acutely aware that some individuals gambled, businesses, pension funds, inheritances, borrowed heavily from friends and families, children's money, parents and many more scenarios that in the cold light of day might seem extreme but at the time, even some of the most sceptical financial commentators predicted multiple share price rises well in excess of 300%+. Thoes genuine investors gamble would have paid off if ( I have to choose my words carefully ) disgraceful levels BOD cullution and questionable Market makers involvement conspired to orcastrate a share capitulation. Are the NEW investors having bought into the prospect of a once in a lifetime opportunity NAiVE I don't think so. It's clearly the sentiment from one poster but I'm glad to say not of the majority here. Some posters talked of losing it all, being fianancially ruined and the most depressed contemplated darker thoughts. Yes I along with many others trapped with possibly worthless shares might be called it wrong but those comments were ill judged. I should add that Isas, has never illustrated such sentiments and was only the recipient of that horrible and incencitive response.
Isas, look you stick with your clap trap and me my diatribe. Hopefully that will prevent any further animated conspiracy theories. Your take is feasoble but believe it or not so is mine. The silence is frustrating but there may well be good reason in what is becoming a complicated situation that might yet involve arbitrary bodies. :-)
Very funny. You guys could hold your own at the !Comedy Club'. :-)
Calm down, you boys are going to self combust at this rate :-)
Isas, your Colombo style summaries could be better used on one of thoes Orient express trips because I think its way off the mark here. "He is supposed to have said"....and "it's aledged he said " stuff spouted out like an Essex boy drunk reacting to a bad Vindaloo" convinces few I'm afraid, only the old muker side kicks :-). who feel compelled to dance to order. All I'm saying is heaping the blame squarely on the shoulders of AR is ludacrasely naive, but perhaps fits in nicely to the preconceived agenda. Next as is often the case when posters get fed up with daytime tele and watching Judge Judy kick arse .....where'll get talk of SFO hovering to drag him away in handcuffs. The silence helps no one your right, but to condemn on scant evidence is silly but to be expected with so much free time :-)
Sorry, AR didn't declare.
References suggesting that AR didn't deckear his fathers intrests I strongly believe to be rubbish but the mud slinging can be expected with those with their own agendas. AR was asked to come in to do a rescue job and identify investment opportunities which he did. The BigSofa deal IMO was surperb and I for one having generally done well from buying start up or early staged tech companies was jubilant having discussed the prospects and earning potentials with technology specialists. From the outset it became clear that a significant number had absolutely no clue what the company did, and to be honest, were too dam lazy to find out. To my amazement, some diehards were grumbling about not continuing the oil exploration and development track and others chose to spit blood over Adam Reynolds appointment. He was critised from the word go buy many of the old duffers resistant to change hounded him all the way with one accusation after another. Subliminal messages intimating improprieties have been carefully orcastrated and the poison laid very early, so although the conflict of interest and SB supposed issues of concern, which turned out to be nonsense, has added to the broken tapestry in which the misguided use putty instead of paint. Hold the current BOD responsible if you like, but it's likely to be yet another' smoke screen to further the causes of the ambitious. AR having successfully turned round the fortunes of many companies had been courted by lots of business keen to pay substantial frees for his teams expertise. Those and other criterions where totally ignored in favour of unsubstantiated nonsence. All this talk about ...." it is aledged that he said this or didn't like that, seem to suspicious but no doubt part of the 'dirty tricks campaign" to depose the Actions groups choice. Reynolds seems to be a proud and determined man because after the recent shenanigans and people ' determined to throw him under the bus', I personally would have packed my bags and left the disingenuous and miserable bunch to it. It seems like the reason he is still enduring snide inferences, accusations, hindsight commentary, action group struggles, attempted board incurtions and claims of fing up the bid, is because he's no quitter and probably realises that if he can turn this ' pigs ear into a silk purse' his companies marketability will explode in popularity. Many have said financially wresting with a busted RTO, legged it Nomad and investor ' rabid mobs of disgruntled investors' seems a bridge too far, but the encouraging thing is that he is still trying to pull this round behind the scenes. He could walk tomorrow and secure proposals from dozens of company directors willing to pay high for his services,so critise as you will, if you blow away a lot of the smoke and mirror stuff he's the best and most capable person to bring us out of this mess.
References suggesting that AR didn't deckear his fathers intrests I strongly believe to be rubbish but the mud slinging can be expected with those with their own agendas. AR was asked to come in to do a rescue job and identify investment opportunities which he did. The BigSofa deal IMO was surperb and I for one having generally done well from buying start up or early staged tech companies was jubilant having discussed the prospects
At the stage we now find ourselves I struggle to see how the appointment of GB will no anything to further our cause and in fact considering the current BOD members don't appear to be too keen, any appointment seems only likely to create board animosity and behind the sciences potential power struggling which we don't need right now. I know everybody likes to look for the nearest scapegoat but it seems as clear as one can deduce from the patchy data available that the current BOD are not responsible for the BigSofa deal collapsing and if true, it was their questioning of certain grey areas within the previous rotten NWOG management that finally signalled the red flag amongst BS negotiators who decided it too risky to continue. If you accept the scenarios tables and perceive it was actually the investigative due diligence process, in investors best interest, that unlocked discrepancies, why an earth would you want to throw GB into the ring to create board techness amount the incumbent..........absolutely nonsensical. Of course we are all desperate for news but bearing in mind resurgent talk of additional director employees throwing CV's in the ring and the departing Nomad in unclear circumstances, has anyone not thought that perhaps the current board are restrictive of what they can actually say not wanting to give fuel to an already comp,icated scenario and avoiding rhetoric that could be seen to predudice the lofty ambitions of GB. All the nonsense talk about GB was right is absolutely conjecture because pearls of wisdom can come thick and fast after events. He was one of the Action Group that seemed out AR team to rescue the company but now has as yet, grey concerns. I'm sure the BOD are trying their best to activate a workable plan (b) but if the groundswell of opinion changes and it becomes akin to a baying mob championing the addition of another board member intimating that further transparency is needed, with subliminal undertones of distrust ...... AR and team will give up the 'ghost and walk' and with it our only real chance of salvaging any monies from this ship wreck of a company. I'd be ****ed to lose 15k but many, and I'm not interested in moralising over investing amounts of individuals, have invested life savings, borrowed from business, borrowed hugely, depleted pension pots ...etc during that seemingly ' once in a lifetime opportunity' to make life changing amounts. When campaigns are being lodged and drum beating for additional mamagmnet members spare a though for those caught up in this poisonous all most certainly corrupt ' short squeeze' and old board dealings before voting to issue the death hood to the fray.
In need of some kind of feedback from the BOD.
Thanks Adammark Just confirms all what I understand about this companies floor ambitions.
Key Takeaways What? U.K. video analytics firm Big Sofa recently announced a big push into the U.S. So what? Launches overseas is always a heavy investment, but Big Sofa believes now is the right now because of the expected boom in demand for video analytics in the near future. So what? Familiarize yourself with the importance of video analytics and how to measure performance to ensure you are ahead of the curb if/when the marketplace evolves to a video-first platform. October 24, 2016 Video Analytics Firm Big Sofa Expands With Rising Video Market By: Zach Brooke Marketing News Current average rating North American CEO Steve Aukers talks about the inevitability of video as data. U.K. video analytics firm Big Sofa recently announced a big push into the U.S. , backed by the addition of former J. Reckner Associates CEO, Steve Aukers, as president and CEO of its North America operations. We spoke to Aukers about the challenges of gaining tracking in a separate company with an established market and how video analytics is expected to grow as the web gravitates en masse toward video content. Q: What are the challenges of trying to bring a brand built in the U.K. to North America? A: We’ve [always had] a presence on the east coast [of the U.S.]. Even though we have not, until my presence, had an office here in the states, most of our clients are here. Our folks have spent significant time over here. It was clear to them and me that the U.S. has given our economy the largest market. It makes sense to serve our clients by putting up an office here. In business we tend to think about functions and about larger money issues. [Big Sofa] is more concerned about people. I want the best people I can possibly find. My biggest challenge is finding, securing, and bringing those people into the family that share our values. Q: In addition to you, there’s a new global head of marketing in business development and a new chief customer officer. How will you be able to adapt to the idiosyncrasies of a North American market versus Europe or the U.K.? A: I’ve been with U.K. firms before. I was on the operating board of GNS and the strategy and technical command, so I get the nuances overseas and here. I think some of it is just scale. I was in London all last week, and for the most every [U.K.] company is based in London. Here, we're spread across the United States. There’re different nuances in how the Brits and Americans go to market. I think it gives us an advantage because being global, having offices in more than one location across the globe, I appreciate how Brits come to the table with a gentle nuance, an elegant graceful view of the world, which is something that is in contrast to us Americans who can be loud and boisterous and direct. Certainly, there’s a level of intensity that’s a little different. Beyond that, the business is exactly the same. The one c
Spikekj, I'm afraid your call to arms on the other site had the opposite effect mate. Never mind where still all brothers in arms :-) peace be with you brother.
De-listing companies to life again is not AR specialist area, however, what better way to enhance ones business CV envelope further. If he see's potential, and he would have already explored the possibilities with his business contacts, then walking might not inevitable.
Where's my post gone boys. That's not nice :-)
Firstly, we don't know all of the actual loan agreement terms in great detail, but I would be absolutely amazed if there wasn't legal recourse on default or other such issues were not included in the paperwork. Even the inept previous BOD would have run such large loan agreement through their legal departments first. The days of the brown envelope still exist in premiership football circles but unlike many, I don't think there will be a ' pulling and shoving for the money'. If they don't have it or have little means of accuquiring it then their in the Shit. I don't happen to believe that is the case but ....this is AIM. Worst case scenario, asset stripping etc. If as I suspect the recent publicity has awoken potential suitors, it's not uncommon for these buyout companies to encorporate repayments of debts in the negotiation package.
Next the seriel ' warren buffets' with the " I've written this one off " to come. The still in bed at the moment. :-)
I knew iit wouldn't take long. Dynamo the magician / mystic got nothing on me.
Of course as we enter the ' critical mass stages' of this " nightmare on AImstreet" production we can expect the arrival of several tremendously savvy and astute investors, having made little or no other contributions to the complicated debate so far, but who " just popped in and wanted to remind everyone how shrewd they were'. Look out for the " I made a packet bailing out with a swag bag of cash hours before the share price imposition'.....' should never invest more than you could afford'....."your all doomed ".....' you mugs are never getting your money back'....' I blame AR and NL'....blah....blah .... as the board becomes infiltrated with those looking to create dischort. It's like only after the sometimes inconvenience of heavey rain fall is when the slugs and the other beasts that crawl on their bellies come to the surface. I've spoken to several people some with differing business perspectives on the possible conclusion here, but all have suggested the retaining of the current management is crucial if shareholders are to improve their chances of seeing any returns. Of course reduced liquidity and exposure will be argued are some of the consequences of leaving AIM but let's accept our fate and like many proactive entrepreneurs "see the glass as half full not half empty" and prepare for a number of plan (b). From my personal investing perspectives I'll be looking to invest in The BIgSofa as IMO once the dust has settled, they will be provided funding or receive buyout proposals from other companies down the line. I don't see the BigSofa as being complicit or culpable in any wrong doing so there's no ethical business conflict here. If posters really have time and the inclination to read one or two posters here who have demonstrated on more than once that " they don't know what their talking about" and spill their endless lame conspiracy stories and subliminal condemnation of the BOD choice and muttering for better alternatives .... good luck, but now be the time to adopt shareholder solidarity and avoid " the crabs in a barrel anology" in which in-fighting, crawling on each other's heads in a scramble to make good ( like the crabs) is relocated in the forthcoming EGM meeting.