Fitbug Share Discussion Threads

[mudbath] 02/7/2016 12:15

For me it remains interesting that Natie Kirsh is so closely involved in keeping Fitbug afloat.What is his term objective for this basket case outfit?

"Known as “Natie”, Mr Kirsh was one of the more surprising names to appear in the donor lists of both campaigns published by the Electoral Commission on Wednesday.
Mr Kirsh has grocery, real estate and private equity investments around the world. He has been a long-term investor in Swaziland, where he is a citizen, and owns two-thirds of Jetro, the US cash-and-carry operator that owns Restaurant Depot.
The 84-year-old is worth £4.4bn according to the Sunday Times rich list. In 2011 he bought the former NatWest tower in London, Tower 42, for £280m.
Mr Fried is a non-executive director of Grovepoint Capital, the private equity business he set up in 2010 after standing down as chief executive of Investec. Grovepoint has given £250,000 to the Remain campaign.
A Kirsh spokesman said: “Kirsh’s long-term approach has been to ensure that they avoid taking unquantifiable risks [and] Brexit would be a significant leap into the unknown. That financial stability is a cornerstone of all the geographies in which [Kirsh does] business and [it] would hope that the UK would take a lead in Europe rather than exiting Europe.”
A spokesperson for Britain Stronger in Europe said: “The Tower Limited Partnership is the owner of Tower 42. The campaign has not received a donation from Magal Security Systems.”

[mudbath] 01/7/2016 15:39

I wrote this back in 2013 when the share price was 0.45pence and saw the price subsequently multiply 56 fold :-

"Nathan Kirsh, who has a net worth of at least $5.1 billion, according to the Bloomberg Billionaires Index is 81 years old and is making plans to hand over the reins of control.

“We are private, we are profitable and we have fun,” the billionaire, who has never appeared on an international wealth ranking, said in an interview at his office in North London in October. “We just don’t scream about what we do.”

In October, Kirsh acquired a white-stucco fronted Georgian building next to London’s Madame Tussauds waxworks tourist attraction near Regents Park. The building will become the new headquarters for the Kirsh Group in June, bringing his disparate portfolio of assets and businesses under one roof for the first time.
The operation, he said, will one day be managed by Ron Sandler, the former CEO of the Lloyd’s of London insurance market who was also appointed by the U.K. government as chairman of Northern Rock Plc, which was nationalized in 2008.

Kirsh states,
“All of my businesses are profitable. I am in the best space I have ever been.”

My reason for investing and believing that FITB could at least double is based solely on the involvement of the Kirsh family,the singular mismatching of their status and level of support in relation to Fitbug's size and ability to repay,paving the way for FITB to become a majority owned company and a possible vehicle for the injection of Kirsh Group assets. "

Imo,we are seeing the possibility of such an injection creeping ever nearer,particularly in view of the loan conversions(at a hugely favourable rate to holders)providing the "garden party" with an even greater hold over the equity(89.3%potentially).

I have therefore re invested in FITB today.
0.25 pence TO BUY !

[twodegrees] 30/6/2016 18:26

ok dusseldorf that is me told...I was being tongue in cheek and waiting to see if anybody was actually still here...

[dusseldorf] 30/6/2016 16:58

Two degrees - reading the rns might help you answer that

[twodegrees] 30/6/2016 14:42

so do we get to buy 5 shares for every 2 we hold or 2 shares for every 5 we hold at 0.25p

[dusseldorf] 30/6/2016 11:10

Whatever happened to that market spiv Daisy45. Fired from its company i hope.

[dusseldorf] 30/6/2016 11:04

Not sure where yesterdays posts went.Perhaps they went splat, along with the price. Predicted ages ago.Now:- Close fitbug unit production- Consolidate shareprice- Focus on software

[knigel] 30/6/2016 08:12

Who removed yesterdays posts?
I will repeat the question "how long will the money last this time? Third fund raising in two years. If only they had done this around the 20p level.. not at 0.25p

[dt1010] 15/6/2016 08:05

I sold in the 20s, yes indeed...made £82k on that spike, LOVELY!!!!!

Where's the next one?

[knigel] 14/6/2016 08:19

Tara has not been on here for ages and to be fair the share price did hit 8p - in fact 26p before gravity forced it back to ground zero. No point moaning about posters - do we not make our own decisions?

[brando69] 13/6/2016 22:12

kendo, has tara been giving you free diddy rides?

[kendonagasaki] 13/6/2016 21:54

Well done TARA!Keep slugging old girl....you may just get to your target price before this goes POP!

[kendonagasaki] 13/6/2016 16:07

It's all a big con!

[dt1010] 13/6/2016 15:02

HAHAHAHAHA holders only have themselves to blame!!!!! ROFL

Shell company

Watch the name change and someone back a ton of assets into it

Creditors won't get their money back

This will be suspended.

[smithie6] 13/6/2016 08:46

Results are visible record of complete and utter incompetence imho. Sadly its very common for AIM companies.

---
Fitbug was a stunning short for fulltimeinvestors.com from 18p....and adding other short lower down. Any followers would have made loads.
Also picked Vislink as short...2 shorts...1 went underwater...but halved in the end producing good profit, which was taken.

Repeatedly said sell/get out of MOS, from over 70p. Now 4p.

(Im interested to write/contribute to any shares/finance publications or assist big fish or experienced investors with financial views , no license so cant assist/co-operate with anyone who isnt labelled as skilled/experienced (having a CFD or spread bet account is I think 1 definition))

Fulltimeinvestors.com

[top_banana1] 13/6/2016 08:38

Not good

Careful people this was pumped apparently by RMC last time. They bought 2 lots of 4m shs @ 0.45p in stealth then used their minions to push it. shameless