Fastforward Innovations Share Discussion Threads

[mellonsbellend] 11/3/2021 18:14

Square. You do realise it’s a medicinal cannabis focused fund now. That’s their plan.

[square root] 11/3/2021 18:05

Now that ffwd have got rid of most of their cannabis investments, I might be tempted to buy back in here. I regard all cannabis companies as overhyped uninvestable rubbish. I will wait to see what they are going to use their cash for. If they actually buy some interesting disruptive companies I will consider buying back.

[dillondon1] 11/3/2021 16:32

1rerutement give it a rest. You aren’t invested yet are obsessional about this stock. It’s shares in a company it’s not meant to be emotional. Stop crying and get on with your life. This isn’t the game for you. Ffwd is very cheap right now, no one can deny it’s been massively oversold. The savvy are just waiting for the bounce then next news. There is moving news at least once a week.

[biggest bill] 11/3/2021 15:22

Most venture capital/private equity trusts trade at discounts to nav so the discount here is to be expected. For example, oci trades at a discount of 28% to nav and its investments and track record are far superior to ffwd.

[rickyl1] 11/3/2021 13:59

Deramping is just as damaging as ramping. If you listened to deramping you might have missed the rise from 5p to 14/15p and you could have got out anytime along the way. Do your own DD and don't get in too deep, that's my simple 'advice'. There is some middle ground there.

[1retirement] 11/3/2021 13:51

It doesn't but does it. Show us the £25million of assets?

[888icb] 11/3/2021 13:33

It is only appearing poor because due to selling by traders the market is only valuing £25 million of assets at less than £19 million!

[1retirement] 11/3/2021 12:50

Here comes the new pump. If you're investing in this you only have yourself to blame, its been the same story on repeat. First it was Nuuvera where shareholders where pumped into being bagholders by the likes of Greenhamandeggs on Twitter, also know as DU on here and his messy band of delusional pumpers.Then Factom was pumped as being the next bitcoin. What happened? It went bust and fast-forward had to write down the £5 million investment to ZERO! Recently it was Yooma which listed on a backwater exchange and subsequently tanked as there was no interest and daily dealings were in the thousands of shares. Pitiful! Then the same group pumped EMMAC to wondrous levels on Twitter and here. Pricing it at a £1 billion company on IPO. It was sold for less than a quarter of that and what did fast-forward shareholders get, a poxy £5 million. Now the same pumpers are trying to spout that Leap will be worth £150-£200 million! Ludicrous. Be careful investing here based on the words of liars. History tends to have a habit of repeating itself.

[mellonsbellend] 11/3/2021 12:47

Funny to see doggo AKA. Jonesyboy / Damned United / Bill Pearce and many of his aliases. Saying Ed will buy when he has the resources. Lol. Pmsl. He said he wants to buy a decent amount and not just small batches. Lol. He’s worth over £20m from Emmac alone He’s also bought £10k chunks in EML. I think what he meant to say was ‘ I might buy in after it tanks a bit. ‘

[888icb] 11/3/2021 12:34

Someone on Twitter has posted this calculation of current NAV.

Current MCAP 9p / £19m GBP

Fair Value* 12p / £25.6m

*Fair value does not price in any rise/fall in valuations of Leap, Juven or Vemo since 30/09/20

Oversold

If you look on FFWD Twitter you can see the spreadsheet calculation.

[basstrend] 11/3/2021 12:27

I much prefer 888's informative posts to 1retirement, Biggest Bill, and Mellonsbellend irritatingly relentless deramps.

Most likely all the same poster with 3 aliases, similar style of trolling anyway. Why not give it a rest, eh? Unless you have an agenda of course?

[biggest bill] 11/3/2021 12:12

888ICB, please stop the blatant ramping. You are just embarrassing yourself now.

[888icb] 11/3/2021 11:42

I think we will see the large increases in market cap this year because we have now reached the time for liquidity events in our early investments. Ed mentioned the 2 main drivers of the market cap and he knows what Leap should produce as he has all the accounting information as a Director of Leap.
I think it is very useful to understand the history of FFWD as this gives further confidence in why I think it will deliver a good return. FFWD was set up by Jim Mellon inspired by his book of the same name to invest in companies at pre ipo stages not available to normal private investors. So you need people like Jim Mellon and high net worth investors who have access to those opportunities. Look at who our large shareholders are and look at their involvement as Directors and large shareholders in the companies FFWD has invested in. They will all make more money the sale of the underlying investments but will also want to make a return on the money they have had invested for years many at considerably higher share prices than today’s.
In the early days the 2 main drivers were Jim Mellon and Lorne Abony both of whom were Directors. Over time both resigned as Directors to concentrate on the underlying investments which have all performed very well. But I also suspect they both resigned to avoid the potential conflicts of interests inherent in being Directors of the Investee companies as well as FFWD.
So we then have Ed’s arrival on the scene and we are aware of his links to Lorne. So while Ed doesn’t have any shares himself there are a number of large shareholders who he won’t want to disappoint. Everything points to Leap delivering this year and with a 44% stake the lions share of the profits have to come to FFWD to put the original large shareholders into profit.

[1retirement] 11/3/2021 09:29

Beware those with forked tongues whispering the virtues of Leap being the big one. We've heard it all before from the rampers

[jmid1000] 11/3/2021 09:18

Appreciate your informative posts 888. What do you think though of the statement of first jumping to 50mil mcap And then onto 100 million by end of year. That kind of implied to me that the Emmac was supposed to be step one and leap step two (which the former we know didn't happen)

[888icb] 11/3/2021 09:00

FFWD is essentially a venture capital fund and as such you expect that not all your investments will succeed, some will do reasonably well and you hope for some serious winners. FFWD has achieved a number of very good percentage returns on its assets but the size of its holdings has meant that the actual amounts gained are not transformative.
The investment that has always had the best chance of being transformative is our largest investment in both value and percentage Leap Gaming. Leap is obviously doing very well as evidenced by the article I posted above about their partner and 22% Of Leap shareholder IMG Arena. When Ed was talking about where he expected FFWD to be at the end of the year the 2 main drivers were said to be Leap Gaming and EMMAC. Clearly when he said that he knew EMMAC was £5 million which now means Leap is the really big one. Ed recently became a Director of Leap to help with the liquidity event so he will know what they are expecting it to be worth. Ed has made the statements and must now deliver on Leap to retain credibility.

[mellonsbellend] 11/3/2021 08:16

I’ve only made money trading this. Was lucky enough to buy last month at around 8 and sell around 14. It’s been a disaster as a long term investment I’ve been in and out over 4 years. It’s not something I’d recommend as a sensible investment. Good for trading as the ranpers come and go.

[dave4545] 11/3/2021 08:13

Actually they could just jump in all IPO and if they make good profits they could end up making £2-5 mill a year profits trading them.

Not given up on them yet but their own old investments are constantly disappointing the market with much lower valuations

[dave4545] 11/3/2021 08:11

They have done the right thing, problem is they are competing with thousands of pi's now each time a new IPO hits the market.

If they get say £2 million of a new stock and it go nuts and they make £6 mil profit then the shares will shift but buying tiny amounts is not going to do much. I suppose it's better than not buying any and missing out on £200k.

[mellonsbellend] 11/3/2021 08:09

What do you mean. Have you not seen the amazing RNS just now. They have sold their two cannabis holdings for £190k profit. Lol. It’s been a farce all the way.

[1retirement] 11/3/2021 07:59

Here comes the new pump. If you're investing in this you only have yourself to blame, its been the same story on repeat. First it was Nuuvera where shareholders where pumped into being bagholders by the likes of Greenhamandeggs on Twitter, also know as DU on here and his messy band of delusional pumpers.Then Factom was pumped as being the next bitcoin. What happened? It went bust and fast-forward had to write down the £5 million investment to ZERO! Recently it was Yooma which listed on a backwater exchange and subsequently tanked as there was no interest and daily dealings were in the thousands of shares. Pitiful! Then the same group pumped EMMAC to wondrous levels on Twitter and here. Pricing it at a £1 billion company on IPO. It was sold for less than a quarter of that and what did fast-forward shareholders get, a poxy £5 million. Now the same pumpers are trying to spout that Leap will be worth £150-£200 million! Ludicrous. Be careful investing here based on the words of liars. History tends to have a habit of repeating itself.

[888icb] 11/3/2021 01:03

The rest of the article
Instant Football is our most popular game across the virtual suite. Since it launched in January 2019, it has been growing at an average of 23% per month. That was already increasing sharply at the start of 2020 and during the last few months, our products are typically showing strong treble-figure percentage growth.
Why should operators choose virtuals instead of competing verticals like esports?
We believe that operators should have a full and rounded portfolio. Our focus is on evolving and inspiring how fans engage with sport either via our official virtual sports products or our event centres.
Are there any verticals virtuals can work particularly well with, like sports betting and perhaps esports itself?
Virtuals are an essential part of a portfolio. IMG ARENA and Leap have a shared vision of incorporating sport rightsholder’s IP into their product suite to add further fuel to this exciting part of the sports betting and gaming ecosystem as a whole.
The launch of the world’s first official virtual tennis betting product with ATP Media and with a specific focus on the ATP 1000 Series was a very natural evolution for virtual sports. Through a broad range of licensed assets, we have created an innovative and truly authentic fan-first experience.
How successful do you think virtual sports will be once the coronavirus pandemic is over?
Virtual sports were important before the outbreak of COVID 19 and will be even more so in the future. When IMG ARENA invested in Leap two years ago, we firmly believed in the power of virtuals. The vision was to create official products and unlock new revenue streams and forms of fan engagement for our federation clients and sportsbook operators. This situation has enhanced awareness of what they can offer.

Look at those growth figures for instant football averaging 23% Per MONTH since January 2019. Leap has clearly been growing rapidly and is integral to IMG.

[888icb] 11/3/2021 00:57

Extracts from an interview with the MD of IMG arena which shows how closely they work with Leap Gaming
IMG ARENA specialises in bringing sport and the sports betting industry closer together through its federation services and sports content. Launched in 2012, the group’s focus has always been on fan-first engagement by delivering content and product innovations that fuel the emotion and excitement of sport. IMG ARENA believes that this can only be achieved by working with rightsholders to deliver official products. The company sits within the global IMG umbrella, a group with a focus on sports, events, media and fashion operating in over 30 countries.
IMG ARENA’s virtual sports portfolio uses 3D motion technology from Leap Gaming to capture and recreate popular sports. Leap gaming’s graphic engine was purposely created to support virtual 3D applications and games. It enables scalability, fast integrations, upgrades, customisation and authentic real-time rendering. The supplier’s unique virtual sports portfolio includes horse racing, tennis, trotting, speedway, cycling, greyhound racing and football.
Last month, we extended our reach in Europe after signing a partnership with Golden Park for the full launch of its virtuals offering in Spain. The supplier’s portfolio has been integrated via Tecnalis’ Alira gaming platform for its use in Spain
and Latam and will be launched via the group’s online gaming brand, GoldenPark. es. In other recent news, IMG ARENA announced it licensed official assets to create a virtual sports betting game that replicated some of NASCAR’s most iconic tracks, including Daytona International Speedway.
EVP and managing director for IMG ARENA, Freddie Longe, spoke with Gambling Insider about the advantages of virtuals in comparison with other verticals.
Longe led the creation of IMG’s betting and gaming business, which has evolved into IMG ARENA. As managing director, he’s responsible for the overall business strategy and delivery of the supplier’s official, multi-sport content and solutions. He joined IMG
in 2006, having previously worked at Haymarket Publishing Group.
What makes virtuals stand out against other verticals?
Virtual Sports have been on an upward trajectory in recent years, but this growth has accelerated significantly during COVID-19. There has been significant expansion in all directions including breadth of product, consumer engagement levels and distribution deals with new customers