Fitbug Share Discussion Threads

[blackrocktrader] 04/12/2015 09:19

This is proper trash . In the summer I went for GM in Camden they could not plug laptop to TV set to show new ad. clip .Then we had to watch this clip from laptop leaning forward in uncomfy. position . This was sign to bail out . Tech. co. and could not deal with simple cable between laptop and TV.

[rarther] 04/12/2015 08:42

the new management is just here to receive salaries and then move on to the next free meal provided by shareholders who refuse to give up on their "investment". they have already proved they are experts in reducing shareholder value, however the heavily tinted glasses of some investors see this as "extensive experience". what they have delivered in the past is what they are going to deliver here... negative returns for shareholders

[ravin146] 03/12/2015 22:58

One of the best ways the new management can instil confidence with the company is buy shares, if they believe kiqplan v2 will be a success imo, buy shares in fitbug!Anna gudmundson and new chairman will need to do this in the future surely?!Imo, gla

[ravin146] 03/12/2015 22:35

@harry...it's on linkedin

[ravin146] 03/12/2015 19:25

...wow just seen on his LinkedIn account for simon breakell, he's been booted off too. Adidas man didn't live up to expectations it seems.Fitbug has seriously cleaned up old management and brought/bringing in some more fresh talent hopefully to boost kiqplan marketing!Source: linkedin, Dyor

[ravin146] 02/12/2015 19:35

Allan fisher and David Turner will need to look at themselves in the mirror in that from backing PL from the start, they either helped decide to boot him out/ let him go. Surely if PL was not a leader, another position was available for him on the board still?Allan fisher and David turner have actually from launching this company to great growth have actually on the face I it failed to use their back and experience to get the product selling...errr LA fitness...why is fitbugs not available for sale or given to member as part of their fee? The latter is a real failure imo.Hopefully the new chairman can see how to grow this company, along with Anna gudmundson and the two non exec directors!Imo, dyor

[ravin146] 02/12/2015 18:14

...It will be interesting to see if PL will keeps his shares. Or on the flip side if AG buys shares!

[dt1010] 01/12/2015 22:20

Either way with the level of debt they have, the lack of management, this is rudderless and up the creek now.

Will be delisted at this rate.

[ravin146] 01/12/2015 19:49

Imo the large investors put their foot down, to get in more experience...read this and make your own judgement...Is that a founder who walked away or a founder who was booted out for bad leadership and lack of sales...hmmmLatter me thinks, imo, dyor. Kiqplan v2, is it the real deal this time?

[dt1010] 01/12/2015 19:03

Only down from here

What a shambles

[dt1010] 01/12/2015 17:55

Shell company now, almost.

Paul Landau....hang your head in shame!!

[ravin146] 01/12/2015 17:55

...is this the tower watson client...great news if the case?http://www.techtradeasia.info/2015/11/dbs-launches-integrated-health.html?m=1

[ravin146] 01/12/2015 17:14

Imo, this was seen a mile away. The pioneer of the company was quiet on twitter all of a sudden, though came back recently prob due to his passion for the company.Imo, PL was shown the door with recent hiring of AG, and the funders realised recent interims were not the best and they needed experienced pros to grow the company.PL, the pioneer not the corporate leader with experience.AG the innovator and corporate leader with experience, along with the veteran AIM chairman, no brainer for the board, in the light of kiqplan v2 launch.Recent months has seen plenty of progress under AG's leadership. Commercial on the way using the placing to heavily market kiqplan v2. Revenue will spike imo for q4/15-q1/16.Dussel will continue to day dream whilst not having a position long or short. Traders stock which is great!Imo, dyor, gla long or short

[daisy45] 01/12/2015 11:36

Worth grabbing a few shares at this level - again heavily oversold.

[rarther] 01/12/2015 09:55

"In April 2013 Mr. Stewart joined the board of Progility Plc (formerly ILX Group Plc), and was involved in the implementation of its growth strategy, taking it from a GBP17m turnover business with around 80 employees to a GBP60m turnover business with nearly 700 employees"

Progility is the worst performing company in the history of shares from a shareholder perspective (maybe great from a dodgy executive board perspective). Search the forums on here for further information. Big shareholder shaftings for over a decade. This is not an achievement for Mr Stewart to be proud of. Terrible appointment for Fitbug and a further sign that this company is almost finished.

[workinglunch2] 01/12/2015 09:07

Long term this is excellent news. Paul Landau may have pioneered the product and established the company but he did not generate lots of revenue. Maybe the new management will do a better job.

[liquid millionaire] 01/12/2015 08:05

In April 2013 Mr. Stewart joined the board of Progility Plc (formerly ILX Group Plc), and was involved in the implementation of its growth strategy, taking it from a £17m turnover business with around 80 employees to a £60m turnover business with nearly 700 employees in the UK, Middle East, India and Australia by 2015. Prior to Progility Plc, he was a corporate partner with three different UK law firms and has over 25 years' experience in corporate finance, mergers and acquisitions and related corporate, insolvency and regulatory issues.

Mr. Stewart is a Director (and past Chairman) of the Quoted Companies Alliance, the UK not-for-profit organisation dedicated to promoting the cause of smaller quoted companies. He has also published extensively on matters affecting SME financing and regulatory developments in publications as diverse as the Financial Times, Bloomberg Law Reports, Management Today and the International Financial Law Review.

Fitbug CEO Anna Gudmundson said, "We are delighted to welcome Donald to the Board. Considering his extensive career in working with and growing public companies, I am confident that he will complement the Board's industry-level experience as we enter an extremely exciting phase in our development; Kiqplan V2 has recently been launched, representing a significant milestone for the Company and over the coming months we will focus on marketing this to drive sales and our business alike.

As we evolve into this new phase of our development we say goodbye to some of our team. I would like to thank Paul for his pioneering vision, passion and dedication, which has been instrumental in building Fitbug into the innovative digital health company that it is today. I have enjoyed working with him over recent months as we have focused on ensuring that the business is well positioned for his departure and I wish him the very best in his future endeavours.

"I would also like to thank Allan and David for stepping in to fulfil the Chairperson responsibilities as well as James Ward for his contribution to Fitbug over recent months. We are currently evaluating a range of highly competent candidates to join the Company's management team and aid our future growth plans as we focus on creating a strong team to grow the business and ensure that Kiqplan V2 is successfully received by our users and keeps evolving at a rapid pace."

[dusseldorf] 01/12/2015 08:02

So, the guy who created fitbug etc.. resigns from the company along with interim chief financial officer - how many signs are going to be given that existing shareholders are about to be obliterated?

Additionally, Paul Landau, CEO of Fitbug's 100% owned subsidiary Fitbug Ltd, and James Ward, interim CFO, are stepping down to pursue new business opportunities.

As for the new CEO, look at his success at PGY, his 'growth' strategy is to buy buy buy by issuing millions and millons of new shares leaving old holders with little. No actual organic growth.

[smithie6] 26/11/2015 13:52

Website opened 1st paper short at 18.5p

Now ten bagger

Added 2nd short around 9p

Fulltimeinvestors.com

Twitter
@fulltimeinvest

[daisy45] 26/11/2015 12:11

Now I reckon is the time to buy in and watch the rise back over 2p. Nice profit from here !

[ravin146] 24/11/2015 14:09

Dussel are you sure you don't need someone to help you?A lot of post but NO position.#help