Member Info for sweepydog2

... if you live in Europe but in the USA holidays are usually 10 days per year plus Thanksgiving, Labour Day etc. But July/August is not quite as dead as it is here. Not that it makes any difference to FBT as apart from one RNS news of new customers this year is very thin on the ground... it's almost as if they don't want to succeed and certainly they are not interested in shareholders even with holdings in 1% plus!

reported on another BB as a new FBT follower. Sachin is currently involved in solutioning and research at Impetus Innovation Labs spearheading development of futuristic Big Data products. Having spent over nine years at IBM, Sachin has played multiple roles across organization chains and understands the pulse of technology as well as customer business. His current areas of interest are data warehouse modernization and discovery methods.

of the price at which Forscene is being charged: https://books.google.co.uk/books?id=DZeiDQAAQBAJ&pg=PT132&lpg=PT132&dq=forscene+number+of+film+productions+by+year+and+month&source=bl&ots=0r0mM7XcVL&sig=Z-2C2B7q383P3_ju2U1ue6DQ4wo&hl=en&sa=X&ved=0ahUKEwjS7si2wePTAhXDL8AKHSqnAcsQ6AEILDAC#v=onepage&q=forscene%20number%20of%20film%20productions%20by%20year%20and%20month&f=false

Pokerchips See last Monday. This is the site to watch for up to date news!

A PR from the AELTC announces that the BBC contract has been extended and gives details of the enhanced coverage of the matches this year: http://www.wimbledon.com/en_GB/news/articles/2017-05-03/announcements_for_the_championships_2017.html Both Wimbledon and the BBC appear on the FBT Forscene website so that looks like good news.

Good news but it would be much more helpful if they differentiated between users who were new to Forscene and Repeat Users: the former represents entirely new growth, the latter growth from retention. Both are important but at the moment the focus is really on entirely new users as without them hitting targets is going to be impossible. Also there is no indication of size so these contracts could be tiddlers or ginormous.

https://www.investmentbank.barclays.com/our-insights/the-future-of-sports.html?cid=disp_sc03e00v00m12UKpa03pv04&trid=43169212

Well given that we were told that 6 members of staff were going to NAB that's £6K in air fares plus accommodation plus taxis plus meals so far and not a bean to show for it. When I was chairman of a £70M turnover enterprise we sacked people who incurred that sort of cost with no results. Has Main no backbone or sense of responsibility to shareholders? What about the other non- execs? They need to get their act together now... what about their other involvements.. are they in similar trouble? On this performance I wouldn't be surprised.

One of the few things we actually know about what FBT is doing currently is that Forscene should have completed its transfer to Amazon Web Services now as NAB 2017 was the target they announced for completion... though I don't suppose they'll deign to confirm they have achieved this (if they have but of course it could be another missed target). Telling shareholders anything doesn't seem to be a priority compared with endless jollies that haven't apparently produced one single customer that they want to tell us about. What are the non exec directors paid for if it's not to keep this type of thing ie unproductive marketing expenses under control? That's what Donald Rumsfeld called a known unknown

I do recall a problem a company that I worked for some 20 years ago having what we thought was a world beating product but which stubbornly refused to take off in the market place. The answer was that the price we were selling it at undermined our message about its quality... who buys a Bentley if its sold at the price of a Dacia? So we put the price up 20x and the product flew. I wonder if that could be the case here? If Forscene is currently the best in the world does its pricing structure reflect that fact?

http://www.take1.tv/news_list/forbidden-and-take-1-partner-to-integrate-transcription-capabilities-with-forscene-2/

According to the FBT website the products now on offer are For scene, Blackbird and Apps. So Eva seems to have been chopped as a stand-alone product though it was hanging on by its fingertips only last week

The RNS deals with the BBC but not the major U.S. corporation. So presumably they are not extending so another RNS may be due in early May

Captevate is no longer displayed on the drop down list of products on the FBT Website

See FBT2 post at 12.47 today

The LinkedIN site for Forscene now says there will be a 6 strong team there

simple as Chamonix and Shylock seem to think. Unfortunately all of the accounting profession in the UK, USA and EU treat invoiced sales as revenue against which costs have to be booked to arrive at net profit. HMRC also tax on the basis of invoiced sales not cash received. If it is thought that deferred income is not going to be received the proper course is to make a provision against it. Cash accounting is not favoured by HMRC as it's too open to manipulation by the unscrupulous. The fact that FBT has deferred revenue should be a comfort because it is on the way to becoming cash received as opposed to say a sales enquiry.

that Qumulo are providing the data storage for the transmission of Superbowl matches. Superbowl rights are currently with SMT which I don't think are part of Delatre so that might explain FBTs interest.

Whilst I'm pretty convinced that we will in due course see an RNS about the BBC adopting Forscene long term I'm not so sure about one on AAPL. My reason for this is that they are known to be secretive and if my understanding of FBTs strategy is correct they are intending to offer a "white goods" package ie add some of the customers particular bells and whistles for it to be marketed as the customers software without FBT being named. If so, FBT will get the win (which should get and RNS because of its size but not be able to name the customer.

Not my opinion but Forbes. Forbes is a global media company, focusing on business, investing, technology, entrepreneurship, leadership, and lifestyle. It is published bi-weekly and is rated for the accuracy of its reportage. I doubt it is in hock to AAPL or anybody else, which makes its opinion count amongst it's high end readership.