Fastforward Innovations Share Discussion Threads

[doodlebug4] 08/8/2017 09:00

I hardly think investors are going to form a queue to buy shares in FFWD on the basis of news announcements like that one Lauders.:-)

[lauders] 08/8/2017 07:08

Is that really the best news you can bring us FFWD? What are the BOD playing at? The sort of news that is best suited to Leap's website surely? Not impressed. Bring us REAL news please!

[leeb100] 07/8/2017 20:12

I think others have already done their sums.....But like Midas has quoted on lse board....they need Lingomedia to multiply by 3.5 times its current mcap just to equal the current valuation we have on the books.....I'm not really sure it will increase that much...what do you guys think ?

[zangdook] 05/8/2017 12:09

Did Mellon put any of his own money in here to begin with (at a reasonable rate) or did he just award himself a lot of shares for 0.1p or something?

[lauders] 05/8/2017 01:41

If they stick to their word, big if when related to anything to do with FFWD, it will be on the last day at the very last possible minute DB4 LOL! That means the afternoon of Tuesday 8th of August (if we use a five day market/business week) or Thursday 10th August (seven day market/business week). That is the problem with many company releases these days. They are open to interpretation as they hardly ever give CLEAR information. So shall we say there MUST be news by Friday 11th August?

PS - bdog51: I agree that the news is unlikely to create much excitement and make much difference to the share price. I would love to be proved totally incorrect!

[doodlebug4] 04/8/2017 18:14

"Within the week" - obviously didn't mean this week then! -------------------------------

"The parties expect that the definitive agreement will be entered into within the week."
August 2nd

[bdog51] 04/8/2017 15:31

Painful to watch the Bid drop back to just 10p again. We need a major boost here. I'm not sure the Lingo deal will be the catalyst for this, but we live in hope..

[roofer2] 04/8/2017 10:41

Lauders, thank you for the update, agree it's a shame we as share holders are taken for granted gla

R2

[lauders] 04/8/2017 01:58

Lorne and team need a kick up the backside. Lingo Media released an update on 2nd August and yet FFWD haven't been able (can't be bothered) to update its shareholders about the new 1 week (cough, cough) delay. Seems that they do "eventually" inform shareholders (see link below for previous updates) but they find it hard to inform the market at the same time as the news is released by the other parties involved. Delayed reaction! Poor management and organization again. Really bodes well for the future when simple things like an annoucement or release on your own website can't be handled in a timely manner.



Perhaps FFWD will manage an update today? Hopefully with some other news too!

This is the only other news, apart from the Lingo release, I could find on the delay:

Remove the underscore in the centre of "proactiveinvestors" to make the link work.

PS. Lorne & team - You shouldn't have sold OUR stake in SatoshiPay! At least we still have some interest in Factom:

[lauders] 02/8/2017 15:44

Not by past form as I mentioned ;-( Miracles can happen I suppose. Only a week to find out IF they can be believed this time. Hope it is not a big disappointment after all this and we actually see something positive happen to the share price for a change. Have this as one of my annual StockChallenge picks. It is the ONLY one showing a loss after 7 months of 2017. What a major disappointment so far. HOC, my suggestion the other week is up over 50% for the year. Since mentioning it here it has increased 16% while FFWD has actually declined. Ho hum....

[doodlebug4] 02/8/2017 15:39

"within the week", Lauders. Does that mean this week?:-)

[lauders] 02/8/2017 15:18

So another month or so if past form is anything to go by DB4? At least we received a belated update now. Back to waiting. Who would have predicted that?

[doodlebug4] 02/8/2017 15:16

Thank you, the link to the news is on the Lingo Media twitter hashtag.

[the accountant] 02/8/2017 15:10

Good find db4

[doodlebug4] 02/8/2017 14:19

Lingo Media & Schoold Provide Merger Update
Toronto, Canada and San Francisco, US–(August 02, 2017) – Lingo Media Corporation (TSX VENTURE: LM)(OTCQB: LMDCF) (“Lingo Media” or the “Company“;), an EdTech company that is Changing the way the world learns English, and Vested Finance, Inc., the developer and operator of the leading, mobile college marketplace app in the US, Schoold (“Schoold̶0;), continue to work towards completion and execution of the definitive agreement between the parties in respect of the proposed business combination between Lingo Media and Schoold (the “Transaction“). As previously announced, the parties agreed to further extend the term of their previously announced letter of intent (“LOI“) regarding the Transaction until July 31, 2017. The parties expect that the definitive agreement will be entered into within the week.

As disclosed in press releases of March 23rd, June 1st and June 30th, 2017, the parties are working towards finalizing a definitive agreement with respect to the Transaction, which is anticipated to be a merger of equals in which shareholders of each party will acquire 50% of the resulting entity. Upon execution of a definitive transaction agreement, Lingo Media will issue a subsequent press release containing more specific details of the Transaction, including a private placement financing to be completed concurrently with the closing of the Transaction.

[doodlebug4] 02/8/2017 08:50

Apologies if this has been flagged up before on this thread.

Leap Gaming‏ @Leap_Gaming Jul 20
More
Excited about our new partnership with @GreentubePro which will bring our virtual sport content to a vast new audience in North America

[lauders] 02/8/2017 01:51

I can see both sides of the debate about news here. Yes FFWD may have their hands tied to a degree, and they certainly made it clear in the results that they believe they can't inform shareholders of all news (get out clause IMO), yet there is still no excuse IMO for a company like Lingo to NOT update their shareholders promptly and transparently of the latest news when a deadline such as the one that passed on 31st July lapses. They have a duty to their shareholders who invested their hard earned money with them and then by default FFWD who also has shareholders should be both pushing Lingo and Schoold for an update to release to the market and sharing the same update at the same time as Lingo as soon as the deadline passes. At the moment the deadline has passed and NOBODY has issued a thing to the market. Poor form, poor management, poor all round.

The market and shareholders like clarity. Doubt is not good, it is a negative. We all know that by now surely. Ergo somebody, Lingo or Schoold or FFWD, preferably all of them since they are all involved, should have updated the market already. Failing that they should never have given a timeline in the first place! Just state something along the lines of "...... shareholders will be updated when the merger has been agreed or not....." Then the timeline and expected updates at specific times will be removed from the equation.

[888icb] 01/8/2017 21:36

I am as frustrated as I am sure you are that the market is failing to recognise the value here but feel it is unfair to blame the board. I do hope we have some price moving News fairly soon.

[doodlebug4] 01/8/2017 17:52

8881CB, I admire your patience here and hopefully it will pay off soon.

[888icb] 01/8/2017 16:34

I am sure Lorne does but he cannot release information without the permission of the company concerned. The information will be commercially sensitive in most cases.

[doodlebug4] 01/8/2017 16:01

According to Lorne Abony he keeps up-to-date with the investee companies on a weekly, sometimes twice-weekly basis to give advice and find out what is going on.:-)

[888icb] 01/8/2017 15:53

Well said The Accountant. I have made the point you make on a number of occasions that you cant blame FFWD for things they don't have control over. They cant give shareholders news they don't have! We have some excellent investments and will be rewarded when the companies in which we are invested announce significant news.

[doodlebug4] 01/8/2017 15:50

The Accountant, I understand what you're saying but ultimately who does the buck stop with?

[doodlebug4] 01/8/2017 15:45

"The parties are working towards finalising a definitive agreement within the next 30 to 60 days with respect to the Transaction, which is anticipated to be a merger of equals in which shareholders of each party will acquire 50 per cent. of the resulting entity, pre-new money. It is anticipated that Lingo Media will complete a private placement concurrently with the closing of the Transaction. A further announcement will be made once the definitive agreement is finalised."

Lorne Abony, March 2017 - and here we are at the beginning of August.

[the accountant] 01/8/2017 15:44

I presume that came from Schoold and so he included it in the RNS or , more likely, the Nomad included it as they are the ones who tend to control the content.