Fastforward Innovations Share Discussion Threads

[888icb] 19/5/2021 09:02

Time to take a Leap into FastForward Innovations ask @TMSreachToday 07:06
“…WeR17;re able to sniff out the companies that could potentially create the Amazons and the Googles of the cannabis industry in the future…”

The biggest frustration for the chief executive of FastForward Innovations is not being able to buy more stock. The company makes investments in disruptive businesses that aren’t trendy, toppy and transient in nature, but have substance, make a difference not just to innovation recipients, but investors.

Ed McDermott has been CEO of this VC fund for over three years and has never been busier as he assesses opportunities in hemp based wellness, life science, medicinal cannabis, blockchain, edtech and 3D gaming.

This former boxer and keen angler has stamina and patience, but was aware that the stellar board needed further strengthening and from grassroots level. This year’s significant hire is Alfredo Pascual the man with a medical cannabis networking black book par excellence.

While investors await news about the well telegraphed IPO of investee company Leap Gaming, Pascual is looking for opportunities to augment the company’s portfolio and maintain its position as a credible, cashful corporation.
FFWD Podcast interview. (Link at bottom of page)

As Ed explains to Sarah Lowther, #FFWD has already delivered on its net asset value promises and there’s more investment news flow to come with the company being in a ‘very strong position’ and the company eventually becoming it’s own news-flow machine.

hxxps://total-market-solutions.com/2021/05/fastforward-innovations-2/
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An interview that is a must listen for anyone interested in FFWD and will be 18 minutes well spent.

[burtond1] 19/5/2021 07:02

Time to take a Leap into @ffwdinnovations ?"...We're able to sniff out the companies that could potentially create the Amazons and the Googles of the cannabis industry in the future..."Here, #FFWD CEO @edmcdermott12 catches up with @copytasterhttps://total-market-solutions.com/2021/05/fastforward-innovations-2/

[888icb] 18/5/2021 12:13

As we await news from Leap Gaming that should transform the sp, look at this conclusion to an article about Sports betting in the US in the last 3 years From Taboo to Revenue:

Don't be surprised if made-for-betting events start popping up in the near future, and it's all because of what happened just after 10 a.m. on Monday, May 14, 2018. That's when the U.S. Supreme Court released its landmark ruling, striking down the Professional and Amateur Sports Protection Act of 1992 and jump-starting a three-year betting boom.

Within a month of the ruling, Delaware and New Jersey launched full-scale sports betting markets. Three years later, legal sportsbooks are operating in 21 states and the District of Columbia. Big states such as California, Texas and Florida aren't on board yet, but they're looking at it closely. It won't be long before more than half the U.S. has regulated sports betting.

In the first three months of 2021, sports betting generated $961.1 million in revenue, according to the American Gaming Association. That's $50 million more than U.S. sportsbooks produced in all of 2019.

In 2017, the year prior to the Supreme Court decision, Nevada sportsbooks -- the only fully legal options in the U.S. at the time -- earned a net $248 million.

I believe our investment in Leap covers the last 3 years!

[888icb] 17/5/2021 09:25

Extract from an article in Business cann about our new recruit:

FFWD is the only European quoted investment fund with a stated focus on the cannabis space and features a portfolio of leading companies including; Northern Leaf, Yooma, South West Brands and Little Green Pharma.

It recently secured an additional £5m in funds following the sale of EMMAC Life Sciences to leading US cannabis player Curaleaf. EMMAC was co-founded by Mr McDermot and FFWD had a 2.3% stake .

FFWD says this exit cash brings it total investment pot to over £12m with Mr McDermott telling BusinessCann its expects to see ‘additional liquidity from legacy portfolio assets over the coming months’.

Deals Imminent

Adding: “The likelihood is that we will have a larger cash position to invest, than is currently stated, over the coming months.”

He also went on to say that it expects to boost its investee portfolio to ‘at least six, in the very short term’.

In his new role Mr Pascual will focus on sourcing and evaluating investment opportunities in the European medical cannabis industry as well as supporting the growth of FFWD’s portfolio companies in the sector.

[burtond1] 16/5/2021 13:47

Time to look at FFWD?https://total-market-solutions.com/2021/05/taking-advantage-of-the-turn-towards-small-caps/

[roofer2] 14/5/2021 17:19

Tern is absolutely flying, I thought Factom was supposed to be the IoT go to company, Ffwd has become a BoD play thing imo

R2

[888icb] 13/5/2021 12:10

If you look at the spread at the time the trade took place you can see it’s a buy. It is shown as a sale because of the spread at the time it was reported.

[dillondon1] 13/5/2021 11:30

It’s a buy 100% relax

[jmid1000] 13/5/2021 10:56

888 It's showing as a sale in the trade area? The 231k

[dillondon1] 13/5/2021 10:53

They aren’t letting you buy any size so it looks like if you in good if you out so long suckers.

[dillondon1] 13/5/2021 10:46

The buying in a general aim sea of red tells me we have news incoming.

[888icb] 13/5/2021 10:44

A 231000 Buy at 8.65p from 1 hour ago has just been reported. Nice to see purchases of this size. The volume is now over 1 million and share price is Up 6.1%.

[888icb] 13/5/2021 09:05

Resuming yesterday’s rise Up 1.2% on volume of 478000.

[jmid1000] 12/5/2021 15:07

I'm into agronomics as well, Would more than welcome some of that 6.5m to be into that placing

[888icb] 12/5/2021 14:58

Now Up 3.8% as virtually every trade takes it higher.

[888icb] 12/5/2021 14:30

It is ticking up now as the volume approaches 1 million. Up 2.5% on strong buying.

[888icb] 12/5/2021 14:26

I wonder whether FFWD have invested in the Agronomics placing. As it has to be approved at an EGM on 28th May I assume we will have to wait until then to find out.

[aberloon2] 12/5/2021 14:12

Decided to come back in today, in all honesty i was a tad annoyed with McDermott regarding EMMAC, i thought he misled when he knew exactly what was going on but the lure of Leap is strong :)

[jmid1000] 12/5/2021 13:53

Plus I heard Jim Melon is looking for someone to assist him at agronomics, possibly to focus on the Juvessence IPO

[888icb] 12/5/2021 13:32

A 40% discount to current NAV is clearly an error in need of correction( and that ignores the uplift that is coming for Leap). Ed has been very quiet in recent weeks apart from the podcast mentioned above and introducing the cannabis guru with the splendid hat. News must be due on a number of fronts including new cannabis investments or further funding of existing ones. Leap news could come at any time.
I think it is about time for a rerate to start and as we know when it starts to move it is likely to be rapid.

[jmid1000] 12/5/2021 11:12

https://podcasts.share-talk.com/e/r871vzw8From LSE board. This is a great listen, heavily featuring Ed McDermott, short term goals 50-100m mcap and nav, leap gaming etc