Ft Fbt Discussion Threads

[nickb] 14/2/2018 16:18

Paul
So why are you invested here?

[bonio10000] 14/2/2018 15:13

Anyway - gold surging as Stagflation returns.

Enjoy.

[bonio10000] 14/2/2018 14:45

Ah yes - his spreadsheet that got him through a 10 year bull market.

Genius.

[geheimnis2] 14/2/2018 14:37

old hands may remember when SS gave the company a £1m loan to keep going

he isnt going to let his baby into administration if there is value there

still seems he thinks there is a lot of value but nobody else in the market agreeing/seeing it!

[bonio10000] 14/2/2018 14:36

Debt is irrelevant.

Are FBT going to be able to go to the bank and get a line of credit? Secured on what?

Nope.

So we have administration, a huge staff reduction and impact upon product quality and/or sales or a massive dilution.

All excellent for shareholders.

[paulcon1] 14/2/2018 14:34

NickB .... I disagree with your assumptions .... GL

[aimster4400] 14/2/2018 14:17

The company may have no debt but it does have liabilities. Even de-listing is an expensive business. Staying listed even more so. So administrators is not an impossibility. Doubt it will get to that. I suspect they are driving the price down deliberately but I can't fathom why. Someone smarter than me may have an answer.

[nickb] 14/2/2018 14:01

So a £1m investment burn should = £6m less market cap yet the technology and the market opportunity has never been better or closer.

[nickb] 14/2/2018 13:58

What about the record number of POC’s ?

Cash burn is part of our investment to get us to success

[paulcon1] 14/2/2018 13:32

Facts as we know them, new CEO has been in his position for 6 months; Market value of Company £12m -£6m and cash burn estimate in that time £1.2m... #projectconcern

[nickb] 14/2/2018 13:24

IBM says

“$105 billion opportunity in cloud-based video services and software, according to IBM estimates”

It’s all very big money and everybody in the industry needs to get positioned for it.

So I don’t buy into project fear personally!

[nickb] 14/2/2018 13:06

Company has no debt so could stay as a shell company owning the technology.

So the idea that a large player will buy us from administration is fantasy.

[bonio10000] 14/2/2018 12:56

any buyer will want an access to financials, will then see there is little money and little income

then wait for the administrator.

The idea of a bidding war is fantasy.

[_m_k] 14/2/2018 12:52

exactly it just becomes a tax on their profits

whereas if you give it away you allow a client to force a cost onto their competitors at no cost to themselves

on the one hand you offer more of a guarantee a client will make more profit

versus offering a 'possibility' of gaining more profits (they have to buy your tech before they get a chance to recoup the cost plus any extra for profit)

[bluesbreaker] 14/2/2018 12:51

I am of the view these days that selling the company is probably the only way to achieve returns for shareholders. And, as Nick reasons, a good price could surely be commanded. It is surely past time for the management to face reality.

[geheimnis2] 14/2/2018 12:49

just becomes a must-have in order to compete, mk

then they all pay for it

[_m_k] 14/2/2018 12:48

"Amazon Microsoft Google or Oracle"

change the or to an and

how does Amazon Microsoft Google Oracle now make money out of it since everyone has it?

[nickb] 14/2/2018 12:42

A Cloud provider like Amazon Microsoft Google or Oracle could give our technology away for free because customers would migrate to their Cloud platform over another for media services.

They make money on Cloud Services/ storage etc, big bucks.

[_m_k] 14/2/2018 12:02

"My belief is our Blackbird technology will change the industry and I am not alone"

gravitational pull of the cloud is growing

you'd think the big players would be all over it

unless they can own it though, won't they see it just as another tax on their profits

after all it's a product that anyone can buy so as soon as you adopt it somebody else can, and then your competitive advantage is lost and all you end up with is a tax on your operationsr

i wonder if money could be made by giving it away, because if anyone can afford to start using it (because it costs nothing), nobody can afford not to (assuming it does actually give a competitive advantage)

so instead of adoption being a tax on your operations your adoption of it forces your competitor to incur an additional cost

but how to make cash from it in that scenario, in the open source world money is made by providing value added services like support and consultancy

or, you make free an older version and the newer (or better) versions attract a small charge

[bonio10000] 14/2/2018 11:38

Ian McDonought

[geheimnis2] 14/2/2018 11:14

we all hope that Iain/Nick are right

and we invested on the basis that this was a good possibility

very frustrating though around complete lack of newsflow and terrible sp

it's been a long time since a positive commercial announcement

[bluesbreaker] 14/2/2018 10:08

Thanks, Nick. If you and our new CEO are right we will be more than OK. Your views are very much respected by the majority on here, myself included.

[nickb] 14/2/2018 10:03

My belief is our Blackbird technology will change the industry and I am not alone.



“Feedback from both customers and prospects is unanimous – the Blackbird(TM) video technology should be a game changer within the industry – and reaffirms my core reason for joining Forbidden as CEO.”

[nick2412] 14/2/2018 09:25

Geh,'Ian' is actually an AI robot created in the laboratory by crazed genius Stephen Streater. So far he's got the visuals for Ian sorted but is working hard to overcome the communication issue. I believe there will soon be an rns reporting a breakthrough grunt from 'Ian' that will be available for investors to download and enjoy.

[geheimnis2] 13/2/2018 21:36

Lol

#delusionalforever

#where'sIain