Fastforward Innovations Share Discussion Threads

[hemsworth] 15/2/2019 13:48

Moljen, bang on there!! We are an investment trust that up until a few months back always seemed to trade at a premium but with markets having a little wobble recently we now seem to trade at a discount. Our NAV will hopefully be a lot higher come Jun/Jul when we get the full year results. I suppose being on AIM, we are going to attract the usual traders and gamblers, let them make hay I say, it's part of the game. Then again, it's not for me.

[rickyl1] 15/2/2019 13:30

...and yet you hang around it like a bad smell FFS

[brave dave] 14/2/2019 23:38

Jonesy you say on Twitter that you think Vemo will be the biggest in the portfolio. Even bigger than the £5 million we have put into Factom. Yet it’s current valuation we have on the books is 250k. That’s after Ffwd have pumped around a million into it. You think that will be worth more than £5 million we have put into Factom.

[moljen] 14/2/2019 22:31

I thought I just did :-)

[888icb] 14/2/2019 22:18

I understand people are frustrated about no news but please explain how the board can give us news if there isn’t any. The news has to come from companies FFWD has invested in.
Are you suggesting they just make some news up?

[thelogman] 14/2/2019 21:34

888,understand what you are saying, but the silence from the bod is killing the share price and momentum here.

[jonesyboy 27] 14/2/2019 14:04

888 what’s your view on next news?

[888icb] 13/2/2019 21:59

Directors of FFWD can certainly gain information about some or indeed all of the Company’s investments. The problem is they can only release it if the invested company agrees. It is not necessarily in the best interests of the investments to release news relating to them in a random manner.

[888icb] 13/2/2019 00:11

People on here are complaining about lack of news from FFWD and this is happening on LSE. This shows a total lack of understanding about this company and its investments.
The Directors of FFWD have no control over the newsflow from the underlying investments. They can only release news when the underlying companies choose to do so. Similarly strict accounting rules apply if they are talking about value.
If you want continual news flow you are in the wrong investment as it is not within the Directors power to provide it.
There is a lot of news to come but it will come when it comes.

[doodlebug4] 11/2/2019 12:49

Jim Mellon has always had the courtesy to respond to emails, but the others just don't bother and it's a waste of time filling in the "contact us" form on the company website.

[brave dave] 10/2/2019 23:53

So do you think they have already factored in series B. Hence the reduction. The % dropped a while back so I didnt think that would be the reason and of course the % will change again following results of series B

[jonesyboy 27] 10/2/2019 23:51

The % figure will readjust itself once series B is announced.

[brave dave] 10/2/2019 23:43

While we are discussing this. Do you guys know why our % in Factom has decreased to 2% when it was once over 3%. Factom was one of my reasons for first looking into this investment and people have asked this question also. Yet to see an answer.

[jonesyboy 27] 10/2/2019 23:28

Yooya CEO Rick Myers said, "Yooya's adoption of the market-leading Factom® Protocol is a powerful addition to our roster of solutions for brands and online video advertisers in China." He further added that "Factom will be a critical part of our ongoing development of China's first blockchain-based marketplace for the buying and selling of media rights in China."

Factom's CEO Paul Snow also said, "Factom has been preparing for terrific customers such as Yooya since its first vision of the blockchain industry in 2013. We are very pleased to see another great company like Yooya take advantage of the powerful Harmony Platform™. Yooya has a robust business model that now has the advantages of a distributed ledger and the power of immutable data to create huge efficiencies in building things like a digital media exchange. Factom has begun seeing a change in the blockchain industry as we prepare for 2019. Factom's Q3 2018 revenues were up over 675% from Q3 last year as it prepares to begin 2019 busier than it has ever been."

FastForward's Chief Executive Officer Lorne Abony added, "It is extremely pleasing that two of our investee companies have found synergies and we look forward to further commercial news from both companies. Having worked closely with both companies, I am excited to report significant progress from both businesses. It is an incredibly exciting time for companies working in the Blockchain-as-a-service industry and it is still an area that my board and I believe offers the potential of exceptional returns."

[888icb] 10/2/2019 23:26

Perhaps FFWD’s Directors have very good relations with Factom and were able to come up with the money quickly when it was needed. FFWD is all about such early stage opportunities that are not available elsewhere. I don’t know why some people are always looking for negatives rather than trusting the Directors to do good deals. Just look at how the cannabis investment was handled to produce a serious profit.
Have faith and patience.