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[roily] 17/5/2012 01:03

On a tablet or else I would provide link but rgo just released some positive news.

[21richyrich] 16/5/2012 11:02

16 May 2012

2ergo Group plc

Agreements with major EPoS manufacturers and distributors

2ergo Group plc (AIM: RGO, "2ergo" or "the Group"), the mobile solutions company, has today announced agreements with six major EPoS manufacturers and distributors in support of podifi™, its recently launched contactless mobile technology. Following extensive testing, the Group now holds formal partnerships with Casio Electronics, YCR (UK distributor for Sam4S and Samsung EPOS), ICR Touch, Geller, Uniwell and Sharp Electronics, collectively representing a significant portion of the UK market, accounting for over 500,000 EPoS installations in the UK.



Until now, a key challenge that has prevented the mass adoption of mobile couponing, mobile loyalty and mobile payments within the retail sector, has been the redemption of the offer at the cash till or point of sale. Existing technologies have tended to be expensive, requiring a significant upfront investment in handset upgrades and cumbersome EPoS integration. By contrast, podifi™ is a simple "plug and play" mobile solution, which allows fast, contactless transactions to be executed simply by tapping any smartphone on a small, low-cost pod attached to the cash till.

The podifi™ mobile marketing platform is a simple self-service web tool which empowers merchants to create, launch and manage mobile coupon based offers, deals or loyalty programmes within minutes. podifi™ gives merchants complete control over their campaigns, whilst also providing extensive analytics of all of their customers' transactions over the pod.

podifi™ makes use of standard technology already used in smartphones, requires no additional handset chip and is fully integrated with the vast majority of EPoS systems in use today.This means that mobile coupons and vouchers can be redeemed, mobile loyalty cards can be swiped and mobile payments transacted at the point of sale, without the intervention of sales staff in store. A simple interface ensures rapid integration with existing applications. Furthermore the podifi™ pod is not limited by the number of different promotions it accepts, allowing merchants the freedom to accept and reconcile coupons from third parties as well as their own offers.



As a result of the agreements announced today, the technology has now been endorsed by the majority of the UK's major EPoS manufacturers and distributors, prior to its full commercial roll-out.



Neale Graham, CEO of 2ergo, said:



"Partnering with leading EPoS manufacturers and distributors is a key element of our roll out strategy, and we are delighted with the support we have received to date in endorsing this technology.



"Whilst podifi™ is extremely simple to implement, partnering with EPoS industry leaders means that retailers can be sure that it is fully compatible with their existing systems.



"We firmly believe that podifi™ is the missing piece in the point of sale voucher, coupon and contactless mobile payment world. Following months of extensive testing and collaboration, that view has now been validated by EPoS leaders and professionals. We are now ready to execute our aggressive rollout strategy".



Commenting on the agreement Paul Jowett, MD, of YCR said:



"We are delighted to be able to confirm the compatibility of the SAM4S range of cash registers and touch screen terminals for use with podifi™. It is one of the most innovative and exciting things to happen to the high street for many years! At last, a technology that will help drive consumers towards and not away from our high streets."





Colin Ringer, CEO and Co-Founder of ICR Touch added:



"podifi™ is an excellent example of combining our till systems and software with mobile and point of sale redemption. This should help businesses of all sizes to run effective marketing and loyalty campaigns in an incredibly simple way."



About 2ergo



2ergo Group plc (AIM: RGO, "2ergo" or "the Group"), the owner and international provider of innovative, proprietary contactless mobile technology podifi™ delivers coupons and vouchers, loyalty, proximity and payment solutions to organisations of all sizes in order to them to develop and execute their mobile strategy.



Market leading brands such as Aviva, Ladbrokes, PizzaExpress, Rightmove, O2, Orange, Talk Mobile, Transport for London, Phones4U, Procter & Gamble and Visit England have all benefited from 2ergo's end-to-end mobile solutions to increase sales, mobilise business processes, reduce costs and enhance customer relationships. podifi™ is the culmination of 12 years' experience in delivering customer acquisition technology for clients including Orange Wednesdays, reputed to be the world's most successful mobile loyalty programme.



Headquartered in the UK, 2ergo has been a pioneer of enabling innovative mobile business solutions since 1999. 2ergo is an exclusive Mobile Partner for Microsoft's Innovation Outreach Programme.

[seaclipper] 09/5/2012 08:59

Good find roily - could be the reason for the co being very coy with news at the mo.

[roily] 08/5/2012 12:17

I saw this posted on another board(don't recall who originally posted it but they deserve the credit) and it is Marathons April 17, 2012 presentation and you need to go to page 28 and see who they are showing as the Khalakan block holder. Could this be why we have not heard anything from RGO???

[claton] 04/5/2012 11:20

I think they are very close to launching the Podifi into reyailers as they have now signed up all the major ECR/EPOS suppliers in the UK.

My only concern is will they wait for the first customers/revenue to sign up then use this as a positve statement to carry out a fund raising?

[roily] 19/4/2012 12:32

RANGE ENERGY RESOURCES INC ("RGO-Z") - CORPORATE UPDATE
April 18, 2012

Range Energy Resources Inc. wishes to announce that it continues to meet all relevant obligations related to the Khalakan PSC and fully supports the efforts of its partners to complete the exploration schedule in a timely manner. The Company has requested an exploration update from the operator and will inform its shareholders on receipt of the update.

The Company terminated its letter of intent with Blackstairs Energy plc. ("Blackstairs") as the parties were unable to agree on the structure of a definitive agreement.

The Company is actively evaluating and pursuing other opportunities in the area and other regions but no agreements have been reached with any parties.

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:

TEL: [phone] Toufic Chahine, Chairman
FAX: [phone]
E-mail: [e-mail]

[roily] 19/4/2012 12:23

From Astralvoyages on SH:

Michelle Upton replied to me to say ...

4/18/2012 12:23:35 PM | No Recommendation | 30 reads | Post #30955375


That they have requested an update from the operator of the licence and as soon as they recieve that update, they will inform shareholders as soon as they receive news.

______________________________________________________________________________


If they have to beg for information I am not sure I get a warm and fuzzy feeling. This is the same thing she told me about 3 weeks ago!

[jonno1] 08/4/2012 10:26

Just emailed these jubs requesting some sort of an update as well...don't hold your breadth

[casholaa] 30/3/2012 20:30

they are bonkers... a tsx listing would massively affect their share price in a positive way

[roily] 30/3/2012 18:46

Just got an email from RGO that they are still on schedule and they are awaiting word from the operator. They plan on a news release as soon as they know well has been spud.

[roily] 30/3/2012 17:51

They are not too forthcoming with information. It doesn't seem to matter who is in the IR seat, they only respond to inquiries every now and then. If they are to meet their schedule they have about 24 hours to spud their well. I have a feeling we won't know until well after the fact.

[casholaa] 30/3/2012 16:33

Can't believe these guys are still not on tsx

:oz

[roily] 27/3/2012 10:57

Yes,wrong Range but with spud this week who knows:-)

[jonno1] 27/3/2012 07:23

Wrong Range!

[gordon brown] 27/3/2012 01:12

Up 17% in Oz.

[roily] 27/3/2012 00:52

I'm a slacker. Got reading the GKP BB soap opera and watching Tiger win again. Still looking for spud this week and then maybe there will be interest here. BTW-I hate typing on a driod based tablet.

[roily] 24/3/2012 14:12

SC- I see that there was some trading action this week and I hope to do a full round of research over the weekend. Spud should be next week so finally, after months and months of LFD like nothingness something is about to happen. It is suppose to be raining here later today so when that starts I will do some DD. I will try to post what I come up with tomorrow(Sunday)

[seaclipper] 17/3/2012 12:49

roily thanks for that, fingers crossed and all so we should have some news soon then - and the buying ramping up.

[roily] 16/3/2012 19:51

I recieved an email todat that the operator is planning on spudding the well before the end of this quarter so we should be seeing an announcment any day now. They told me that they are well capitalized to fund their portion of the cost. I hope this is indeed the case and I hope all goes well.

[darwenlad] 02/3/2012 15:02

Cash was down to £1m at end November, according to annual report. US sale brings in £1.9m cash immediately, and another £0.5m in 2 years time. If it is continuing to invest £4-5m pa in development of its technology, it may well have to raise more money.

[fastbuck] 01/3/2012 21:58

There is alot of hot air surrounding the way that mobile will change the way we shop using mobile vouchers and coupons. Yes I can see these being used, o2 use them with their o2 Priority Moments, however its not really new technology to be honest.

You have to ask yourself are we the consumer who have stopped collecting the paper vouchers and coupons years ago going to get excited about being bashed with electronic versions

With everything, new tech adoption takes ten times longer than the promoter hopes ... dont expect much financial benefit anytime soon but beware how much they spend and capitalise, they spent £4.6 million in 2011 on developing tech vs a revenue of only £17m. They only had £2.2m in Aug 2011, that may have been spent by now.

[seaclipper] 01/3/2012 07:56

Expansion Jonno1, Blackstairs do have a wide range of prospects , in the meantime drlling should be imminent in Kurd land.

If it comes about it looks a decent aquisition to me.

[darwenlad] 29/2/2012 21:12

Still not clear whether RGO is a hidden gem or a complete dud. Agree with Itinvestor that selling lossmaking international operations, whilst retaining Microsoft alliance, makes sound financial sense.

However, RGO had little option. It was running out of money rapidly and could not go on as it was. Since 2008 admin costs had nearly doubled, to £12.6m a year, whilst revenues have nearly halved to £17.7m. Ebitda fell from £5m in 2009 to a £146,000 loss in 2010/11.Cash balances dropped from £9.1m in 2008 to £1m end Nov 2011, and that is after a £3m placing at £1.26 a share in Feb 2011.

The US sale brings in £1.9m cash immediately, and another £0.5m in 2 years. But that will not last long if RGO continues to burn money at the rate it has been doing. It sounds like it lost money in the six months to end Feb 2011. The international sale and UK restructuring should cut admin costs by £3m a year, but that will not be enough unless RGO can finally start growing again.

The management seems to be pinning its faith in RGO's turnaround on the roll-out of Podifi, its new patented contactless mobile coupon and payment redemption technology. In layman's terms this means that smart phone users can order and pay for meals and goods with their mobile, and benefit from coupon offers etc, without having to swipe their cards or hand over bits of paper.

Neale Graham, RGO's ceo calls Podifi, a "real game changer".

Any thoughts on whether Podifi might be the product that will transform RGO's share rating most welcome.