Member Info for Onthemoney

The much awaited return of the Christ hit New World Gas & Oil into the BigSofa RTO. Adam Reynolds in the much sort after 'Company turn around expert' and having met him I expect the early October return to be over-subscribed very quickly indeed. Great appointment to the BOD and the old shit finally removed.

Where's all the messages gone guys.

In one of the posts someone said " let's hope the board can take this opportunity to take the company forward". Given yet another two years or so perhaps they can and loyal investors face up to the prospect of getting their money back .....yippee !!!!

Isn't it ironic the IMTK break even champion prepared to ' fall on his sword' to protect the virtues and chant the ' break even nonsense' 10 times every day before breakfast it seemed has gone decidedly quiet since the laughable results were published. That's why it's dangerous to follow posters ' hook line and sinker' especially when they demonstrate blind loyalties. To use an old cockney saying " their two Bob".

I know there are several diehard supporters of Matt Cooper and IMTK who spent a lot of time whipping up support for the last placing almost as if " the Golden Fleece" had eventually been discovered and it would be onwards and upwards from here. Audacious claims to be the worlds ' first full service innovations consulting and software company' sounds fantastic and I must admit, during the last placing round their business document was impressive and nearly tempted me to forget the past, but fortunately I caught my senses just in time. What didn't help was when for months previous one or two IMTK adopted an 'impartial guard' die for Cesar type approached and banged on about IMTK on the brink of breaking even blah blah blah and that the wicked Rob Terry and his devil deciples needed to be cast into a pit of vipers to enable Matt Cooper and the BOD to drive the company forward. I won't mention names to avoid the crying and facing a ban but their occasional interjections to fly the IMTK break even flag turned out to have more holes in it than a ' secondhand dartboard'. Of course with the skillfull intimations of the break even prospect ringing in people's ears investors were mesmerised and taken in with the prospect of finally achieving decent returns only for the year figures end report to reveal increased client lists but the prospects of break even as realistic as the Brexit bunch passing lie detector tests. Investors put there money into companies with the prospect that they will partake in the companies ambitious growth strategies and thus reap benefits as the company profits accelorate. If you invested serious amounts of money in this company you would have seen your small kids or grandkids literally enter secondary school and onto college and still have nothing to show but depleted red figures next to IMTK. The management have a brass neck and continue to have an almost ' cult like grip on investors' like something out of a 'Charles Manson' movie. I fear investors are now too embarrassed to admit that they're bought a ' lame pup' that ain't going to get better ot return anything resembling profits anytime soon. It's a classic case of a highly intelligent group of like minded BOD members driven by a passionate CEO with a brilliant software and business model but " little clue about effective marketing, pricing, sales, strategic growth market philosophies and most importantly, when to enlist external expertise. IMTK have made it plain on several occastions that any outside interference or even suggestions of partnerships will be rebuffed and indeed they have been so hostile in this respect and spent time 'marking their turf' though to speak is it any wonder that despite annual talk of " take over bids" for this ' worlds first ' full-service innovations consulting and software company' remember, apart from the failed attempt by QPE/Rob Terry nobody else has even bothered. One of my worst investment

There are perhaps 6/7 absolutely outstanding business people who having benefitted from their business acumen and innovation are worth following, non of them are on the IMTK board of directors I can tell you.

Spikey unlike many posters I've come across who only wax lyrical about their winners, and in this instance it's not a subliminal dig at you, but I believe that honesty is the best policy, Most of my AIM successes have been in the high tech sector so when IMTK came to the forefront with their industry leading technology and widely accepted A list client book, in addition to an impressive business plan it made perfect sense. It was only after buying in that it became apparent that IMTK operated an elitist philosophy in which many references to " their philosophy and vision" actually " gave an early indication of their totally insular approach to business. The share price capitulated soon after purchase only rallying when Rob Terry interjected and rumours drove the shares sky high. I should have got out with profits but expected great things from a company commanding companies as big as British Areospace and VW on their disruptive technology books. Sometimes it is necessary to do what you do well and bring in others to enhance your companies skill set. This has never happened with IMTK and I was astounded when despite annual so disappointments they managed to complete yet another placing. The success was problbly in a concerted effort to prevent QEP / Rob Terry progressing an aggressive take over. There are half a dozen business people who are outstanding and have helped to return me good profits, non of them are on the IMTK board of directors. Right so the QPE threat has been expunged and investors are left with plenty more 'Jam tommorow' rhetoric from the company but the actual break even prospects far away, a totall mess. I know some people who have over 100k locked in here fortunately my investment is far less but nevethless, the management seem totally out of their depth and like him or hate him perhaps Terry might have been able to inject the necessary energy and marketing to pull the company round. I've all but written off my 8k investment here which was considerably more at the beginning but I drew several amounts to place somewhere else.

You're lost me Spike. What are you talking about? Any words of wisdom on the company you don't invest in

The IMTK management have had their last opportunity to fleece their loyal shareholders and talk of 'Jam tommorow' nonsense but continuisely falling short. Much was made by some here when they saw off the supposed interest from QPE/Rob Terry as the turning point to greater fourtunes etc. It's a classic case of a company producing market leading technology, having a highly technical and respected scientific based academics loitering the BOD but in terms of excellent business acumen, this vital piece of the puzzle has never been found, hence the miserable performance of this share for nearly a decade. The BOD akin to a group of narcissistic mad professors unable to accept or seek support from business partners, has clearly helped to ensure a company with huge potential continues to be the ugly duckling of the technology world and no doubt the laughing stock too. What a complete shower of directors so much into there own ideology and introspective mind set their unable to see the bigger picture. If you think my summary is just ramblings from a bitter poster watch the following tech companies emerge from the ashes and leave IMTK in the dust: THeBigSofa, Cloudtag to name a few. The difference in management with these companies is like ' night and day'. I refused to spend another cent on the recent placing because it seemed like throwing " good money after bad". No doubt Spikey will turn up to wind people up having never invested, but I share no affiliation with his sentiments.

I think the IMTK management need to up their game. They have so promised loads but delivered relatively very little in way of shareholder value for many years now.