Member Info for robrob

I hope not,

I was surprised to see 7's today. Let's hope the news that the market is waiting on occurs soon to reverse this down trend.

isn't this just a subsidiary of the parent co' though?

They have decided to incorporate in Germany, which is good, but nothing here for us at the moment... it's a bit like saying I've registered a company to sell cars....and calling it rob's cars, this wont make revenue alone. Theres still plenty of work ahead. But hey, It's nice to see our investees actually communicating....

It's arbitrage between platforms only. Traders have found an option to buy low on one exchange and sell higher on another that's all . For a moment I thought it was news!

yes good point Chils, possibly Bod don't see anything wrong in what they are doing, its all perception I guess to ones perspective. It was good to talk it out with you thanks.

Hey Chils,

Thank you for replying, yes you do have a point in that coms were much better during that period of Aphria / cannabis, IMO (not saying I am right) the BoD were not giving a full picture of the PF though, however communications were much better to where we are right now.

Definitely agree with the majority of points you are making about LEAP, Yooya and that all shareholders want this to be in a better place.

I just don't get it though, for gawds sake, if you are a company presenting at major events every year or master investors for example, why on earth would you not publicise the event, record it, put up the keynote presentation (8 mins?) on your company website....?

There is so much they should and can be doing, but so little is done.... it's quite depressing and there I was trying to be more positive at the start of this post...

Hi chils,

I like reading your posts but I have to comment here...

"for one do not hold the board responsible for lack of communication..."

Really?

If BoD are not responsible then who is? It doesn't take much effort for them to talk about investing policy, upcoming markets, or anything not held under NDA. It just takes some effort... But we know Lorne does not want to communicate with us shareholders this is why his Twitter is closed and Comms turned off.

yeh it s a hard nut to research, but being LLC you'd expect that they need to file somewhere especially if they are T/O millions in revenue...

I ask this because Fralis LLC is not visible to me @
https://www.sec.gov/edgar/searchedgar/companysearch.html
https://beta.companieshouse.gov.uk/search?q=fralis+

So what would be the company filing and LLC for Leap Gaming, if not Fralis LLC.

well time will tell..

LS, can you help me. You mention LEAP and I am keen to understand which country they file in. The website is vague to say the least and there is no indication as to what country LEAP operate in? I can see from LinkedIN that the employees are based in Israel?

Do we know what the T/O of LEAP has been? I understand that the company is very profitable and has grown substantially, it'd be good to know what P+L has been. I mean ideally we don't want to sell a profitable company that is earning us shareholders Divs, right?

Yeh and sorry for ranting, I think its also seeing the amount of twitter news about VEMO and how big the industry is, with Damned United posting near every other day on Vemo and three times yesterday it's just, very, very disappointing that even the most researched among us know what the hell is going on... I'm sure if he knew disposal was coming and that we were not invested for the long term in VEMO which is what has come from BoD then he would not be promoting VEMO and FFWD to such an extent.

LS, I'd like to try to remain optimistic but we are at all time low SP right now.

In my opinion and I could be wrong of course, they could have included what the preferential terms are for the remaining 0.47% remaining equity in VEMO, this would likely avert the "why" have we sold 90% of our holding of VEMO questions coming forward.

FFWD and shareholders took the early risk with ISAs being a new product for the student market, now, years on, this risk is diminishing, for FFWD to sell for such a poor return is a sickening, this is why I say, it is 'dire'.

There just isn't enough news flow from the BoD about why they sold and the particulars about what is left in this RNS in my opinion and lets face it, FFWD does not have a good track record of being able to write competent RNS documents.

Well let's hope that the shareholder value is coming, we are at all time lows.

Our 2M investment in EMMAC provided 2.6% equity, so if we are to invest our 360k now, this would buy shareholders, wait for it...an additional 0.14% equity (if my maths serve me well) in any case I don't see how this disposal raise is going to directly help FFWD at this level - can anyone shed some light on this?

I can only think that SAFE (Factom) did not conclude and the funds are still available for FFWD to invest elsewhere, however if this was case I would have expected this to be announced via RNS. There was no update via RNS after the deadline passed and the agreement expired? Again, does anyone have line of sight to what happened?

Well that was a surprise RNS....? VEMO was meant to be up there with Factom and as I alluded to yesterday evening that VEMO has grown considerably since 16/17 but here we are selling 4% of a multi billion dollar potential company.

FastForward CEO Lorne Abony comments, "VEMO made huge strides during 2017 and the effort and hard-work is beginning to pay off with a material up-turn in the number of schools VEMO is working with, the number of ISA contracts that are being written, and the value of each ISA contact to the company. FastForward continues to support VEMO and believes 2018 will be a year of further growth, cementing the company as the market leader is the rapidly growing industry. It remains early days but the Board of FastForward believes strongly VEMO has the potential to be a truly World Class company."

Based on our current FFWD investment and I mean the shareholders funds, we got how much? was it 1% of a non revenue generating business, EMMAC (yes it has potential I know), but we now we are told that we've sold our stake in a profitable business that has a trillion dollar market of ISAs...and is becoming one of the market leaders.

300k is not going to buy us much based on the brilliant shareholder deal that Lorne and Jim provided to FFWD shareholders.

This is becoming dire.

According to LinkedIN...

Factom has 52 employees
VEMO has 48 employees

...interesting to see how VEMO has grown this year.

For one, I am interested to see what the valuations are forthcoming for end of year, this is where I feel there could some pleasant surprises coming in regard to VEMO.

With regard to Factom, I would hope that there is a close on the final Homeland Security trial, I believe this field testing has / is, the final stage and wow, what a commercial contract that would be!

On a bit of a non related issue, I hear that May 2020 will see all bitcoins minted... so again, interesting times ahead for Vogogo and of course FCT which may come into place for systems that authenticate crypto and coin currencies....

thoughts?

that is a reassuring statement and well timed by Gov.

Looking like many signals now pointing to an outcome of the expected ratification in the near term...

Near term could be a matter of weeks or just days now...IMO

V interesting on the the announcements and news in the media...

Yes Matt, thats great news I see lots of good information coming out on twitter from you and others, thank you!

http://www.activecyber.net/dhs-st-lays-out-a-broad-yet-innovative-portfolio-of-cybersecurity-research-in-this-years-showcase/ . was a brilliant insight.

Its such a shame that investee updates are not forthcoming from the BOD but us the shareholders have to read about press releases from other organises that have been sanctioned by our investees.

Whats stopping FFWD from releasing investee news, investment information and updates?

Surely with the number of investments at hand and the amount of authorised news released by our investee's that there is dis-interest from FFWD to to release news to shareholders of:

- Investee's authorised press releases

- Investee board and significant hires

- investee's abbreviated P+L . e.g. LEAP, we own 46% yet I could not tell you what country they file in, let along what P+L has been at any time?

- Investee's updated investor information? how many of us know about DBC February 2019 investment presentation?
https://docs.wixstatic.com/ugd/5e8706_65aa748df41f476fbad31bcfee0b8ac5.pdf

- Investee RNS / stat' announcements e.g Vogogo. When was the last update here, there have been significant changes to the share value and consolidation, for all those that say we do not hold, and its warrants, well yes. But as an investment, us shareholders need to be kept up to date.

There's no reason to not RNS sanctioned and regulatory information, I don't care if FFWD is a fund, its about keeping shareholders informed and its a directors responsibility!

If it wasn't for a few on twitter and a small handful or people that share here on LSE this would be a complete void of information.

FFWD you have a website - USE IT!

Yeh there is a few holes in it. the part that peaked my interest was YGC and the fund raise / connection to Factom, that it's positioned there has been ongoing activities for raising finance across crypto that if reading into it might include Factom.

anythings possible... With news so close from pending ratifications / parliament I am of the opinion it makes little sense to place pre news. But, yes we can expect placings pronto when this re-rates.

YGC is in the process of raising a $200 million fund and has received commitments from investors, Gillas said. But it hasn't been easy, despite its founder's blockchain expertise and its managing partners' business experience. Gillas blames the challenging blockchain venture fundraising environment largelyon regulatory uncertainty in the US, as well as the so-called“crypto winter” that has followed the digital currency market
downturn.

Some of that uncertainty might be tapering. Some pension funds and other institutional investors are apparently
showing more interest in the sector, in part because of the recommendations of consultants and investment firms like
Cambridge Associates, a Boston-based firm that in February recommended the blockchain asset class to large investors if they're willing to research more about the risk, according to Bloomberg. Two pension funds in Fairfax County, VA, said in February they plan to contribute to a $40 million investment in a venture firm that backs blockchain startups and might also buy cryptocurrencies, according to news reports.

Even so, YGC has looked outside the country for investment. “Most of our [investors] are coming from outside the US. That sucks,” Gillas said. “We’re American, we believe in American innovation. Innovation is being stifled right now because of uncertainty.”

YGC’s Johnston is also the chairman of Austin-based blockchain business Factom, which closed on a $6 million
venture investment from FastForward Innovations in August.

Factom has attracted plenty of interest, including from Draper Associates, which invested in an $8 million Series B funding round the year before.
“Factom was ahead of its time because while others were pursuing the consumer applications, Factom was the first to
focus on blockchain uses for the enterprise,” Draper wrote to Xconomy. Of course, many other startups have joined Factom in developing blockchain products for business customers.

Hope this was an interesting read.... download available at https://media.xconomy.com/wordpress/wp-content/images/2019/04/19163900/xconomy-special-report_Blockchain_V3.1-2.pdf