Riverfort Global Opportu... Share Discussion Threads

[chartattack] 12/12/2013 11:15

I could just see it-Dear Mr Smith@2ergoWould you please tell me if you are negotiating a deal to licence your patents to Apple or selling the company to them?I'm sure the silence would deafen us! Sorry Prophet, I was hoping a patent expert out there could throw light on it for us?

[the prophet] 12/12/2013 10:48

Why not just email RGO and ask for their thoughts on it?Worth a try, surely?Interesting stuff though.....

[chartattack] 12/12/2013 10:36

I get your point Flop. However, crunch the numbers in that doc you posted and you'll see that the BoD's percentage holdings were decimated in the financing round, and half of them got replaced in the process.

It looks like a typical Corporate Finance restructure to me and 2ergo is now a completely different beast. Ian Smith from MXC Capital taking the chair too, my case in point. MXC have a great track record, so with them at the helm things could get tasty if they can leverage 2ergo's assets.

You mentioned Monitise, of which I'm also a holder and sitting pretty with them at the Mo. But they are a completely different play to 2ergo. Neither is an alternative to the other for a balanced portfolio.

My reason for posting initially was the launch of Apple's iBeacon in all their USA stores at the weekend. iBeacon is an alternative to NFC that 2ergo appear to have the patents for.

If 2ergo could license their patents to Apple then there would be no holding back 2ergo's share price from here!

That's the 'if' though. I was rather hoping someone with knowledge in this area could enlighten us.

Anyone?

[w1ndjammer] 11/12/2013 15:03

Flop

I bought mine for 2p and wasn`t invested before so happy, however have been done in the past with other stocks. Its not just this one, plenty of others are at it.

WJ.

[flopinfo] 11/12/2013 13:37

Plenty of other companies much better positioned to win in NFC related fields.

Monitise would be one such, already has the clients and big bank relationships and working high transaction volume back office tried and tested infrastructure

[flopinfo] 11/12/2013 13:36

17 June 2013

2ergo Group plc

Placing and subscription to raise £3.1 million - new management team to join

2ergo Group plc (AIM: RGO, "2ergo" or "the Company"), the mobile solutions company, has conditionally raised £3.1m (before expenses) through the placing of 256,000,000 new Ordinary Shares with both new and existing shareholders at a price of 1 pence per Ordinary Share, and the subscription by certain directors for a total of 54,000,000 new Ordinary Shares, also at a price of 1 pence per Ordinary Share.

MXC Capital is a cornerstone investor in the Placing. MXC Capital is a specialist investment and advisory group with proven expertise in investment, strategy and funding, focused particularly on the technology sector. Ian Smith, the proposed Executive Chairman of the Company, is a founding partner and shareholder of MXC Capital.

Placing and Subscription

· Conditionally raised £3.1m million (before expenses) through:

o the placing by Numis Securities of 256,000,000 new Ordinary Shares ("Placing Shares"), at a price of 1 pence per Placing Share; and

o the subscription by directors, Neale Graham, Barry Sharples and Keith Seeley for a total of 54,000,000 new Ordinary

[flopinfo] 11/12/2013 13:34

Massively overvalued and it left a very nasty taste in the mouth when the BoD/Management decided to award themselves a load of stock at 1p or whatever when the stock was trading at 3p+

[w1ndjammer] 11/12/2013 13:10

very interesting Hedgehog, and now Helium have increased their holding by 4 mill
can`t see the trade unless they have been picking up all the odd sells.

WJ.

[jonno1] 10/12/2013 22:29

50k @0.035 we're still alive

[hedgehog0306] 10/12/2013 08:36

Interesting post on this new thread:

Here's the full text:

ChartAttack 9 Dec'13 - 11:59 0 0

2ergo's dramatic decline in its share price made it 'reposition' itself over recent years- has the refocus worked and have they now hit the jackpot!!!

Seeing Apple's iBeacon technology in the news recently, instantly got my attention. The more I've researched and read, the more excited I get. It's been reported that Apple have dumped Near Field Communication (NFC) in favour of their very own iOS7 iBeacon, which it launched in all its stores across the USA this weekend. While you may not find too much info from Apple on its consumer facing pages, Apple have published software development kits (SDK's) to encourage the development of iBeacon applications by software developers across the World. It looks to me like a massive play for Apple in the retail space. The likes of Macy's in the USA are one of the first major retailers launching its smartphone shopping solution on Apple's new iBeacon technology.

I found this quote- "iBeacon's momentum is just getting started," says Hari Gottipati, an independent tech consultant in Phoenix, "but it's going to explode faster than anyone can imagine."

A Youtube video of iBeacon uses can be seen here;


And the relevance to 2ergo? iBeacon looks remarkably similar to 2ergo's Podifi technology, only this time its Apple that are launching it. The subtle difference being that Apple are utilising Bluetooth, while 2ergo are using WiFi.

Following further research I must say that it looks like 2ergo hold the all important Patents for this technology on both WiFi and Bluetooth. Having been in the mobile space since 1999, 2ergo have numerous Smart Phone Patents dated back to even before the iPhone was invented. However these are two that Apple's iBeacon look to me to be breaching;





Are there any experts out there who can throw more light on this? Are 2ergo sat on a Goldmine???

Its long been reported that 2ergo's CEO Neale Graham claimed that there needed to be an alternative to the much hyped and little implemented NFC technology- Apple's launch of iBeacon has endorsed Grahams' thinking.

On one hand Apple may not be breaching 2ergo's Patents. A deal may have already been struck, if so surely we should see an announcement soon? I haven't heard a whisper of any collaborative agreement between 2ergo and Apple...yet, but if they're in discussion, the words 'gamechanger' and 'stepped change' for 2ergo would massively understate their opportunity.

If a deal is in the making, I couldn't guess whether it would be through the tenacity and belief of Neale Graham, one of 2ergo's founders who's stuck with 2ergo from incorporation, or whether the clever people at MXC Capital who recently led an investment round in 2ergo would have orchestrated it? Alternatively, rather than enter a license agreement, would Apple simply acquire 2ergo? If MXC are behind it, I'd guess the latter.

Or maybe Google, PayPal or Groupon could move in to spoil Apple's party? The Podifi technology looks perfect for all these companies too.

If anyone needs convincing of the similarities, these are a few words about Podifi on 2ergo's site;

"In addition, podifi™ incorporates proximity technology, allowing the delivery of personalised in-store communications and the issue of location-relevant offers and promotions. For example, pods placed at the entrance to the store can be used for consumer check in services, whilst pods positioned on shelves in specific aisles can deliver offers specific to the products in that part of the store. The same location sensitive technology also allows customers to be tracked around the store to create in-store heat-maps providing valuable insight into customer behaviour."
hxxp://www.2ergo.com/our-business/podifi

This single paragraph above looks like it mirrors perfectly Apple Inc.'s description and diagram of their i-Beacon service on this InfoTech News Site here- hxxp://jukemtech.blogspot.co.uk/2013/10/what-is-apple-ibeacon.html

If the above paragraph off 2ergo's website was inserted under the diagram on the blogspot InfoTech website they look to me to perfectly and accurately describe Apple's i-Beacon service. I think 2ergo could be definitely onto something.

However, who knows if there's a deal in discussion with Apple, or if there's a David and Goliath Patent claim ahead- in the successful event of either, 2ergo's rating should rocket!

As a shareholder, the quickest return will be from a deal being struck, so I'm hoping for the latter.

[chartattack] 09/12/2013 12:00

2ergo's dramatic decline in its share price made it 'reposition' itself over recent years- has the refocus worked and have they now hit the jackpot!!!

Seeing Apple's iBeacon technology in the news recently, instantly got my attention. The more I've researched and read, the more excited I get. It's been reported that Apple have dumped Near Field Communication (NFC) in favour of their very own iOS7 iBeacon, which it launched in all its stores across the USA this weekend. While you may not find too much info from Apple on its consumer facing pages, Apple have published software development kits (SDK's) to encourage the development of iBeacon applications by software developers across the World. It looks to me like a massive play for Apple in the retail space. The likes of Macy's in the USA are one of the first major retailers launching its smartphone shopping solution on Apple's new iBeacon technology.

I found this quote- "iBeacon's momentum is just getting started," says Hari Gottipati, an independent tech consultant in Phoenix, "but it's going to explode faster than anyone can imagine."

A Youtube video of iBeacon uses can be seen here;


And the relevance to 2ergo? iBeacon looks remarkably similar to 2ergo's Podifi technology, only this time its Apple that are launching it. The subtle difference being that Apple are utilising Bluetooth, while 2ergo are using WiFi.

Following further research I must say that it looks like 2ergo hold the all important Patents for this technology on both WiFi and Bluetooth. Having been in the mobile space since 1999, 2ergo have numerous Smart Phone Patents dated back to even before the iPhone was invented. However these are two that Apple's iBeacon look to me to be breaching;





Are there any experts out there who can throw more light on this? Are 2ergo sat on a Goldmine???

Its long been reported that 2ergo's CEO Neale Graham claimed that there needed to be an alternative to the much hyped and little implemented NFC technology- Apple's launch of iBeacon has endorsed Grahams' thinking.

On one hand Apple may not be breaching 2ergo's Patents. A deal may have already been struck, if so surely we should see an announcement soon? I haven't heard a whisper of any collaborative agreement between 2ergo and Apple...yet, but if they're in discussion, the words 'gamechanger' and 'stepped change' for 2ergo would massively understate their opportunity.

If a deal is in the making, I couldn't guess whether it would be through the tenacity and belief of Neale Graham, one of 2ergo's founders who's stuck with 2ergo from incorporation, or whether the clever people at MXC Capital who recently led an investment round in 2ergo would have orchestrated it? Alternatively, rather than enter a license agreement, would Apple simply acquire 2ergo? If MXC are behind it, I'd guess the latter.

Or maybe Google, PayPal or Groupon could move in to spoil Apple's party? The Podifi technology looks perfect for all these companies too.

If anyone needs convincing of the similarities, these are a few words about Podifi on 2ergo's site;

"In addition, podifi™ incorporates proximity technology, allowing the delivery of personalised in-store communications and the issue of location-relevant offers and promotions. For example, pods placed at the entrance to the store can be used for consumer check in services, whilst pods positioned on shelves in specific aisles can deliver offers specific to the products in that part of the store. The same location sensitive technology also allows customers to be tracked around the store to create in-store heat-maps providing valuable insight into customer behaviour."


This single paragraph above looks like it mirrors perfectly Apple Inc.'s description and diagram of their i-Beacon service on this InfoTech News Site here-

If the above paragraph off 2ergo's website was inserted under the diagram on the blogspot InfoTech website they look to me to perfectly and accurately describe Apple's i-Beacon service. I think 2ergo could be definitely onto something.

However, who knows if there's a deal in discussion with Apple, or if there's a David and Goliath Patent claim ahead- in the successful event of either, 2ergo's rating should rocket!

As a shareholder, the quickest return will be from a deal being struck, so I'm hoping for the latter.

[chartattack] 09/12/2013 11:59

2ergo's dramatic decline in its share price made it 'reposition' itself over recent years- has the refocus worked and have they now hit the jackpot!!!

Seeing Apple's iBeacon technology in the news recently, instantly got my attention. The more I've researched and read, the more excited I get. It's been reported that Apple have dumped Near Field Communication (NFC) in favour of their very own iOS7 iBeacon, which it launched in all its stores across the USA this weekend. While you may not find too much info from Apple on its consumer facing pages, Apple have published software development kits (SDK's) to encourage the development of iBeacon applications by software developers across the World. It looks to me like a massive play for Apple in the retail space. The likes of Macy's in the USA are one of the first major retailers launching its smartphone shopping solution on Apple's new iBeacon technology.

I found this quote- "iBeacon's momentum is just getting started," says Hari Gottipati, an independent tech consultant in Phoenix, "but it's going to explode faster than anyone can imagine."

A Youtube video of iBeacon uses can be seen here;


And the relevance to 2ergo? iBeacon looks remarkably similar to 2ergo's Podifi technology, only this time its Apple that are launching it. The subtle difference being that Apple are utilising Bluetooth, while 2ergo are using WiFi.

Following further research I must say that it looks like 2ergo hold the all important Patents for this technology on both WiFi and Bluetooth. Having been in the mobile space since 1999, 2ergo have numerous Smart Phone Patents dated back to even before the iPhone was invented. However these are two that Apple's iBeacon look to me to be breaching;





Are there any experts out there who can throw more light on this? Are 2ergo sat on a Goldmine???

Its long been reported that 2ergo's CEO Neale Graham claimed that there needed to be an alternative to the much hyped and little implemented NFC technology- Apple's launch of iBeacon has endorsed Grahams' thinking.

On one hand Apple may not be breaching 2ergo's Patents. A deal may have already been struck, if so surely we should see an announcement soon? I haven't heard a whisper of any collaborative agreement between 2ergo and Apple...yet, but if they're in discussion, the words 'gamechanger' and 'stepped change' for 2ergo would massively understate their opportunity.

If a deal is in the making, I couldn't guess whether it would be through the tenacity and belief of Neale Graham, one of 2ergo's founders who's stuck with 2ergo from incorporation, or whether the clever people at MXC Capital who recently led an investment round in 2ergo would have orchestrated it? Alternatively, rather than enter a license agreement, would Apple simply acquire 2ergo? If MXC are behind it, I'd guess the latter.

Or maybe Google, PayPal or Groupon could move in to spoil Apple's party? The Podifi technology looks perfect for all these companies too.

If anyone needs convincing of the similarities, these are a few words about Podifi on 2ergo's site;

"In addition, podifi™ incorporates proximity technology, allowing the delivery of personalised in-store communications and the issue of location-relevant offers and promotions. For example, pods placed at the entrance to the store can be used for consumer check in services, whilst pods positioned on shelves in specific aisles can deliver offers specific to the products in that part of the store. The same location sensitive technology also allows customers to be tracked around the store to create in-store heat-maps providing valuable insight into customer behaviour."


This single paragraph above looks like it mirrors perfectly Apple Inc.'s description and diagram of their i-Beacon service on this InfoTech News Site here-

If the above paragraph off 2ergo's website was inserted under the diagram on the blogspot InfoTech website they look to me to perfectly and accurately describe Apple's i-Beacon service. I think 2ergo could be definitely onto something.

However, who knows if there's a deal in discussion with Apple, or if there's a David and Goliath Patent claim ahead- in the successful event of either, 2ergo's rating should rocket!

As a shareholder, the quickest return will be from a deal being struck, so I'm hoping for the latter.

[w1ndjammer] 03/12/2013 08:50

change of registered office.

hope the ain`t lost the results in the move............

come on lets see how well the new bod has done.

WJ.

[jonno1] 03/11/2013 10:41

Range Energy Resources Inc : Non-Brokered Private Placement Financing
11/01/2013 | 05:23pm US/EasternRecommend:
0

October 30, 2013

NEWS RELEASE

NON-BROKERED PRIVATE PLACEMENT FINANCING

Vancouver, BC, Canada - Range Energy Resources Inc. (the "Company") (CNSX: RGO) (FWB: YGK) is pleased to announce a non-brokered private placement of up to 122,000,000 units of the Company at a price of CDN$0.05 per unit (the "Units") for gross proceeds of up to $6,100,000 (the "Offering"). Each Unit will consist of one (1) common share (the "Common Share") and one (1) transferrable share purchase warrant. Each warrant will entitle the holder thereof to purchase one (1) additional Common Share for a period of five (5) years from the Closing Date of the Offering at a price of CDN$0.05 per Common Share.

The closing is subject to receipt of all necessary regulatory and Board approvals. The securities issued pursuant to the Offering will be subject to a four month hold period in accordance with applicable Canadian securities laws. The Company anticipates that there may be insider participation in the Offering. The capital from the Offering will be used by the Company to continue to fulfill its obligations to joint venture participants so that the development of the Khalakan Block in the Kurdistan Region of Iraq can continue as well as provide general working capital.

For further information on Range Energy Resources Inc., please visit the Company's web site at www.rangeenergyresources.com.

On Behalf of the Board of Directors:

Toufic Chahine
Chairman
Tel: [phone]
Fax: [phone]
Email: [e-mail]

[napoleon 14th] 24/10/2013 09:40

Selftrade quoted me 2.25/2.75, so 2.75 to buy.
Invest€link quoted 2.38p for 200K shares.
Just goes to show.....

1. Watch where you do your shopping!
2. Plenty of stock about.

I wanna know more before I get in.

[w1ndjammer] 23/10/2013 16:45

looks like someone pulled the trigger, 1,300,000 expect some action here soon

WJ.

[w1ndjammer] 22/10/2013 10:15

2 ergo group plc (RGO) Details


2ergo Group plc provides mobile coupons and vouchers, loyalty, proximity, and payment solutions for various organizations to develop and execute their mobile strategy in the United Kingdom and the United States. It offers podifi, a variable range contactless communication technology solution for merchants to create, launch, and manage mobile coupon based offers, deals, or loyalty programs; and TikTap, a social discovery application that enables consumers to search for and navigate to local business, as well as provides merchants to create and publicize offers that can be redeemed in store. The company offers podifi solution primarily for large retailers and enterprises; and TikTap principally for SMEs, local commerce, and hospitality outlets. It also provides miadio, a contactless coupon redemption network for brands; and MWallet solutions. The company was incorporated in 1999 and is headquartered in Manchester, the United Kingdom
WJ.

[biomole] 28/9/2013 16:15

The iPhone doesn't have nfc.Apple are introducing iBeacon soon.Lets hope this biz is prepared for change.After all who on earth is going to buy a pod to sit by the till?

[el1te] 28/9/2013 12:20

I have been loosely following 2Ergo for a while, but they have taken way too long to try and roll-out the Podifi system. As NFC draws closer, some companies will simply wait before implementing. In fact, although NFC is in its early roll-out stages, I have started seeing NFC devices around London, at bus stops etc.

This next 6 months will be crucial for 2Ergo - if they don't start to gain traction now, I expect they never will. The low market cap won't be helping either.

[steve695] 28/9/2013 11:51

Must be some news here soon...Please can we have some revenue figures for Podifi?

[biomole] 27/9/2013 22:36

Herroo...is it me your looking for...

[jonno1] 24/9/2013 22:45

Range Energy Resources Inc : NEWS RELEASE - CORPORATE UPDATE
09/23/2013 | 03:58pm US/EasternRecommend:
0
September 20, 2013

NEWS RELEASE
CORPORATE UPDATE

Vancouver, BC, Canada -Range Energy Resources Inc. ("Range" or the "Company") (CNSX: RGO) (FWB:YGK) is pleased to announce that, based on public reports, it believes that a second well will be drilled during the fourth quarter of this year on the Khalakan Block in Kurdistan.

Range holds an indirect minority interest in the Khalakan Block. Range holds this interest through its direct minority interest in New Age Al Zarooni 2 Limited, which in turn owns a 50% interest in Gas Plus Khalakan Limited ("GPK"). GPK holds the direct interest in the Khalakan Block through its Production Sharing Contract with the Kurdistan Regional Government. Range therefore holds an indirect 24.95% interest in the Khalakan Block. GPK appointed New Age (African Global Energy) Limited ("New Age African") to carry out operations on the Khalakan Block.

Range and its board have spent considerable time and effort to gain intelligence on the activity of the operator of the Khalakan Block. As previously reported, Range has received limited information from its joint venture partners regarding progress of the exploration and development activities on the Khalakan Block. In fact, Range commenced an arbitration proceeding against its joint venture partners in an effort to obtain more information on these development activities and to secure the right to disseminate the material information to its shareholders. Because of this lack of information, and contractual limitations on its ability to disclose information to the public, Range has had to look for public disclosures regarding the activities on the Khalakan Block before it can report material information to its shareholders and the public.

Public information on the Khalakan Block can be found using the following sources referred to in this news release. Although Range believes this information to be reliable, it cannot guarantee its accuracy. The Company assumes no responsibility as to the accuracy or completeness of any information contained in this news release that it has obtained from public sources.

The Company believes that the cumulative public evidence that it has found indicates that new construction for a second well on the Khalakan Block is underway. The well is named Shewashan-1.

Public evidence indicates that New Age African is preparing to drill this well in the second half of 2013. Public sources state that the rig to be used at the Shewashan-1 well site is DQE-51. See NewAge (African Global Energy) Ltd London Mediterranean, Middle East & African Scout Group Report March 2013; see also Smith Bits Rig Count Kurdistan, Iraq June 2013

From our research, we expect Shewashan-1 to be located on Block 29 close to a nearby village in the Khalakan Block, Shiwashan. The Khalakan Block consists of two concessions, Blocks 28 and 29 (sometimes referred to as Blocks 6 and 7), and comprises approximately 620 square kilometers located in the central part of the Kurdistan Region of Iraq. The Khalakan Block is favorably located 12.5 miles southeast of the Taq Taq billion barrel oilfield and 30 miles northwest of the Miran oil discovery. The ChemChemal giant gas field lies 12.5 miles to the southwest. Shewashan-1 likely lies between these three major producers in the area previously identified as the A5 Prospect. The large Kirkuk field is approximately 50 miles north of the Khalakan Block as well.

The A5 Prospect, where Shewashan-1 is thought to be located, is said to be a favorable location based on the believed geographic location of the well site. For more information on the A5 Prospect see New Age (African Global Energy) Limited - Preliminary Long Form Prospectus published on SEDAR on September 15, 2011 (search for New Age using SEDAR submission form). The Company takes no responsibility for the accuracy or completeness of the information contained in the Prospectus.

Range continues to believe in the Khalakan Block and in the future of the oil and gas sector in Kurdistan.

For additional information on GPK and the Khalakan Block, see New Age African's Annual Report and Financial Statements for the year ended December 31, 2012 (search for New Age African using JFSC submission form)

For further information on Range Energy Resources Inc., please visit the Company's web site at: www.rangeenergyresources.com.

On Behalf of the Board of Directors:

Toufic Chahine
Chairman
Tel: [phone]
Fax: [phone]
Email: [e-mail]

[roily] 16/9/2013 00:22

Good luck with the email, I have sent many and have never received a response.

[jonno1] 13/9/2013 17:13

we appear to have moved up 0.04 wow, maybe all is not lost