Falanx Share Discussion Threads

[onjohn] 07/7/2019 19:24

Morell is the Chief Technology Officer


Richard Morrell
I am going to be looking for a new role in a few weeks time so if anybody wants a serious cloud security chap who has a lifetime of experience in security and Open Source give me a shout.


Looks finished


lol

[onjohn] 07/7/2019 19:22

Our new sales team have created a very strong pipeline. Unfortunately they have not created a Sales Pipeline, but an actual pipeline that goes from the factory to the Main office. I am not sure what use it is but it makes a really cool noise when you shout into it. I spend most afternoons just mucking around with it, shouting things down it.



sub 1p I fear
The technology head has said he is leaving, prob because its fuct

lol

[owenski] 05/7/2019 14:45

How's world beating mudguard doing. lol

[onjohn] 05/7/2019 09:51

if youre holding, all i can say is the first cut is the cheapest

[onjohn] 05/7/2019 09:49

zero coming

big fat doughnut

[nearlythere] 05/7/2019 09:32

eBomber
All IMO DYOR

So after a full year off first base and nearly two years of disruptive midgard it seems falanx market value is worth less than the 8 million raised last year.
I wonder what % of first base customers falanx have been retained, there are plenty of alternatives.

Remember this from 14 august 2018

"I am delighted to announce, following strong deliveries, Falanx Group has achieved EBITDA profitability this July, in-line with management expectations."

The are of course 12 months in the year I suspect the other 11 months may not have been as good:-).

If iis are not impressed by the EOY they may dump so 0.5p imo is possible.

Time will tell the EOY has to reported at some time.
interesting times until then.

[ebomber] 05/7/2019 08:28

FLX valued at £6.81 million at time of writing.

Probably £5 million too much!

Mindful placing getting closer each and every day. Aug / Sep 2019

[yump] 27/6/2019 17:05

The very least they could do is merge with CYAN and provide us with endless entertainment for years with their collective BS announcements and world-leading (insert impressive tech product name here). Change remuneration so they all get paid 100% in their own shares. There are probably a host of AIM companies that could be merged into one enormous pile of poop. One benefit would be a host of new buzzwords introduced into the world of business such as 'new logo' for 'new customer'. Sorry I still can't get over that one ;-)

[ebomber] 27/6/2019 08:07

FLX valued at £7.5 million today.

Probably £5 million too much!

Mindful placing getting closer each day. Aug / Sep 2019

[bscuit] 19/6/2019 17:47

But as house broker it comes with baggage.

[daymer58] 19/6/2019 13:57

New buy note out from TP

[colinzeal] 19/6/2019 10:54

I completely lost trust when they continually said they wouldn't need to raise cash then they went and raised a huge amount. The market cap is still way ahead of itself here.

[onjohn] 19/6/2019 10:49

HighNetWorthClub19 Jun '19 - 10:34 - 6759 of 6760
Imo Morrell failed to deliver he was very bullish and bragged about his past when he joined it was all talk no delivery I am afraid so he had to go.



Well put

[nearlythere] 19/6/2019 10:43

Onjohn

ALL IMO DYOR

I assume that was said in jest, but you may be correct.
The IIs that bought @6.75,@4.5 and @3 are now sitting on multi million pound losses even the £4million buyer @3p.
If the IIS start to loose confidence in falanx statements like





They may start dumping at any price which may well mean sub 1p.

[highnetworthclub] 19/6/2019 09:34

Imo Morrell failed to deliver he was very bullish and bragged about his past when he joined it was all talk no delivery I am afraid so he had to go.

[jailbird] 19/6/2019 09:33

Looking in after several months Same old I see I did try to tell you , this is a Co without a viable product that can make serious money Cyber security Co ... lol

[highnetworthclub] 19/6/2019 09:30

Waiting for results to get some clarity. The management were very bullish saying that they were going to do GBP6 million revenue I don't think they will, so let's see if profit warning is priced in but I do feel they have more than enough cash and they are moving ever closer towards profitability.. We presently have no holding in FLX

[onjohn] 19/6/2019 08:20

Placing at 0.5p heard from some sources in the high end striptease club

[onjohn] 18/6/2019 22:20

Should get official resignation from the cto shortly


Richard Morrell
I am going to be looking for a new role in a few weeks time so if anybody wants a serious cloud security chap who has a lifetime of experience in security and Open Source give me a shout.


Looks finished

[jammytass] 18/6/2019 15:35

looks like its going bust
no updates

[bscuit] 18/6/2019 15:27

I got 55556 away without difficulty. Had enough ohof underdelivery. This floated at 10!

[onjohn] 18/6/2019 15:09

You spotted the disaster looming early colin. Others may prefer to hold to zero

[colinzeal] 18/6/2019 15:06

I've been warning for a long time that there was something not quite right here...