Member Info for robrob

you found a gem there matador...good start to my Friday :)

It was coming on to a year ago when Saladino purchased @ 17.6 pence.

Fundamentals in place. We have Ed our NED that is at the helm of a Cannabis Company emerging, maybe some connections here still?

Todays SP at 9.5p sounds like a absolute steal....
FastForward Innovations Limited (AIM: FFWD) announces that Mr. Lorne Abony, FastForward's Chief Executive Officer, has informed the Board of his intention to sell 12,248,436 Ordinary Shares of 1p each  (representing 9.37 per cent. of the Company's issued share capital) in an off-market transaction at a price of £0.176 (17.6 pence) per share, for total consideration of £2,155,724 (the "Share Sale"). A further update announcement will be made once this sale has taken place.

The purchaser is intended to be Mr. Peter Saladino, a US entrepreneur with a background in property development and early-stage investments in the US and Canada. He currently serves on the Board of Golden Leaf Holdings Ltd (CNSX: GLH) and was a seed investor and strategic advisor to Nuuvera Inc.

Obviously you are aware your post is not conducive to anything meaningful to this board or LSE and more to the point is defamatory. I did report you to admin for continually breaking LSE forum rules.

Thanks igeek, yes I thought there is an expectation for news soon.

Interesting that you think there is potentially a run on news, looks like positions are being taken right now in the lead up to news...

GLA

yes, good one Val.

You are sooo' quick on the ball with your research Matador.

Theres been discussion about updates , when do we think the next RNS is going to land February or March?

That's a really good summary Tilburn, recommended.

Yes, IMO it will not be long now and we have all the clues to timeline in the public domain.

Hi Matador

Thanks for sharing, I always love reading your research especially via twitter. Hope you don't mind me asking, but what do you do for day job, if any?

that is a reasonable take on it, pred.

I'm just having a rant tonight....

A/ how about a proactive investors video? One that may advise the current investment sectors they are investigating.
B/ Leap. The sale didn't happen. A confirmation if the asset is being sold, if not why not and what next. If it is not being sold but not being integrated into IMG then what is happening?
C/ Safe agreement, what is the update. No news since September deadline passed.
D/ Yooya and Factom what has happened since this partnership was publicly announced?
E/ Are we investing in pharmaceutical weed according to twitter we are. But are we?
F/ What is happening with our intensity shares?

These are first to mind...

For what it's worth i'm just puzzled, we have Jim who I believe is confident to talk to a crowd, Lorne who comes across great on TV and a good BOD IMO.

But.... and, here's the whammy, it comes across that they are dis-interested in any communications to shareholders. Take a look at the FFWD website...

- To cheap to buy a SSL certificate for the corporate website which means they do not recognise keeping their website secure or webforms secure.
- Last blog post, 2016?
- Company news not up to date, no mention of management change in company news section of Lance joining the business.

I appreciate every company will operate differently but the level of official updates is next to zero.

Here's a few of my questions maybe someone can help me out?

Leap
- Where is this company based. Is it Israel?
- It appears the 8 staff that work there are mostly based overseas?
- They are making money, I assume this, as the value has been increasing. Where can we find P+L, company information.
- What profits have been paid to FFWD since we invested in Leap? As significant shareholders and a profitable business, where is our return?

Intensity
- Factom, please. Any update? Lorne has had a meeting with them on many occasions. What is happening. Could anyone do a podcast from FFWD or a video or anything?

Placing
- What is happening with funds accessed?

I get it., that if there is no news then there cannot be an RNS or official update. It does not stop the company from keeping shareholders informed through communications channels, retweeting a tweet IMO does not count as a PR strategy.

Thoughts??

Reading this article about listing on AIM...

Once you have joined the market, the work continues. Investor communication is vital if you are to retain interest in your shares. You will need a corporate website and a retained financial PR company to make announcements to the City. You will also need to make regular efforts to return to investor shareholders and brief them on your performance against objectives and financial projections for the next period.

https://startups.co.uk/the-pros-and-cons-of-an-aim-market-listing/

If what you are saying is that there is 2M of placings over 8 years, right?

If maths serves me correctly that is 250k per year of fund raising to protect legal rights issued under dispute due to change in Government.

Do you understand the costs of being listed on AIM or running a business I wonder?

Such as AIM renewal fee's and nomad, legal costs etc. According to my calculations and https://startups.co.uk/the-pros-and-cons-of-an-aim-market-listing/ its around 100k pa and that is without any BAU costs.

I'm not sure what point you are trying to make? We are all aware that the journey begins upon ratification and commencement.

Appreciate your alternative view, but does not stack up in my opinion.

GLA

well its already 7am in ozzie, so if there is Monday news it will not be long now??

Now..... who does CLON know as a local oil business? hmmmmmm.

Here's an example of a GPNC deal....1/18/2018

ExxonMobil will carry out the work program as operator, and holds 80 percent interest. Ghana National Petroleum Corp holds 15 percent interest. ExxonMobil will work with the government to identify a Ghanaian company to potentially hold up to 5 percent interest.

Clontarf Energy and its partners in Ghana have been offered revised Tano Basin acreage coordinates by Ghanaian officials, which the company has accepted in principle. Negotiations to formalize a revised Petroleum Agreement between the company and Ghanaian officials will continue as agreement has yet to be reached on certain matters.

The company further reported that it has raised £400,000 (before expenses) via the placing of 80,000,000 ordinary shares with new and existing investors at a price of 0.5p per Placing Share. The Placing Shares represent approximately 14.97% of Clontarf’s issued share capital as enlarged by the Placing.

The net proceeds of the Placing will fund any costs associated with the ongoing negotiations regarding the Ghanaian assets and will also provide the company with additional working capital, as the board continues to assess new projects in areas which may become available for exploration.

Clontarf Accepts Tano Basin Coordinates
Wednesday, September 21, 2016

Not long now.......

GLA

It is there, but tagged with a rel="noopener and file path is not correct.

Could be a number of things, but IMHO, website code is there ready for when the image / content to be released. Seen it before many times.

all IMO GLA

Does make me wonder why we have 2M in cash and that, Lorne / Jim not investing via FFWD? The BoD need to update shareholders more than they are.

What is this placing money being used for? If you are reading this BoD your shareholders are looking for some overdue updates.....

hmmm wonder what that could be ?

DoH security
Bill Gates Foundation
Binance
Series B
other funding
NDA
IPO

what do we think?