Ft Fbt Discussion Threads

[paulcon1] 17/1/2018 12:07

The only 'unknown fact' that I bet on is that while we speak Mr Streater (and others) are honing/enhancing/bespoking the already ground breaking technology and to support that work is a privelage.

[paulcon1] 17/1/2018 11:47

NickB... 'Known facts are not the full picture though' This may or may not be the case, there is the frustration. The 'known facts' are negative (sales,finances,marketing etc) the possible 'unknown facts' are likely to be positive ??? ...We as shareholders have no reason to believe that... Like you I am positive that the Technology will prevail and prosper, whether it is with the FBT Team the jury is still out. I would prefer FBT to retain the product and see it through to financial success and industry changer, it may however need a global technology company to make that transition...GL

[nanga parbat] 17/1/2018 10:29

Bonio feeling lonely? Him and G2 had a lovers tiff?

[nickb] 17/1/2018 10:20

BBC was “workflow̶1; factual department specific rather than BBC technical infrastructure from what I can tell.

I agree with what Ian said

“Feedback from both existing and prospective customers is unanimous – Blackbird video technology should be a game changer within the industry”

[bonio10000] 17/1/2018 10:00

NickB is right.

he is always right.

[christoff] 17/1/2018 09:32

Well we all bought in on what we thought the technology deserves but unfortunately it seems the industry and the BBC don't agree! Who's right? IMHO

[nickb] 16/1/2018 22:00

I am very much behind what Ian’s blog post said in December.




So I am staying focused on the big prize😀Ӿ70;

[nickb] 16/1/2018 19:42

There are stock market rules of what he can say + any PoC’s would be under strict NDA.

I am not expecting any contract news with the prelims just a forward looking statement.

Obviously the business is in a bad place going by known facts and may not last much longer let’s hope it’s not too late to win those big game changing enterprise contracts that the technology deserves.

Known facts are not the full picture though!

[aimster4400] 16/1/2018 17:53

Nothing looks stupider than a silent leader IMHO

[mcsean2164] 16/1/2018 17:47

Aimster4400,

Risk averse is another way of putting it, he doesn't want to look stupid. Exactly what we as a small company don't need IMHO but I hope to be proved wrong.

[chriscallen] 16/1/2018 17:22

Laast year's prelims were issued on 13th March so it looks like no real news for two months unlessof course they strike gold.

[aimster4400] 16/1/2018 17:02

I think the reality is that IM is very calculated. The only thing he has said is that he has more PoCs than ever before. With the prelims he's forced to speak, anything other than saying "....and x number of those PoCs have converted into contracts" will be seen as a failure. He knows that and I suspect won't say anything until the prelims. At that time we can judge his performance. The market will definitely judge his performance than.

[paulcon1] 16/1/2018 11:58

Team McSean .... Somebody from FBT must read BB's and get a flavour of shareholder concerns surely?! .. And then act! I have emailed a few times and got no response .. We are in a pivotal period without a doubt.. GL

[mcsean2164] 16/1/2018 11:48

Welcome to the team. From my correspondence with SS he doesn't appear remotely concerned about the share price.

As far as I am concerned a small company like ours needs constant promotion.

IM strikes me as a Louis van gaal type. Says nothing, spends money expects results. He doesn't appear to have any imagination. "I will get the new staff because old staff no win".

Why did the old staff fail etc. ? I don't think im knows...

As ever we are in serious trouble and Fbt are ignoring shareholders. The only thing I can think might be effective is forming an active fbt shareholders alliance. Sadly it may be time to release As.

[paulcon1] 16/1/2018 11:22

FBT as a company is BAFFLING and CONFUSING me ...😡

[nickb] 16/1/2018 11:14

Paul yes I did however no follow through by FBT so perhaps one of our competitors won?

FBT as a company remains totally baffling and disappointing.

[paulcon1] 16/1/2018 10:44

Shareholders should be fully informed of strategy and strategy change IMHO... Perhaps the concern voiced on this BB would be erased with clear Sales,Marketing and Operational direction... GLA

[bonio10000] 16/1/2018 10:05

The Great Run series is chicken feed.

If anything - it is embarrassing it took a year to sign them up, pilot or no pilot.

If it takes a year to sign that - we might be here until 2030 for a big deal.

Richie has his own business and a lot of other irons in the fire - so we are only a small part of what he and Bridge do.

[nickb] 16/1/2018 09:49

Chris

I believe they have switched tactics and are now promoting Forbidden Technologies rather than Forscene.

It’s all about Blackbird being licensed to large enterprise customers.

That’s the correct strategy imho.

Shareholders lack key information on who is checking our technology out.

It’s all on SS head!
No sales or marketing can work if our technology is rejected.

It has always been very high risk or very high reward depending on if the technology is taken up by the industry.

All our past little deals are just useful for testing and development it’s not a sustainable business.

Need a transformative licence deal from a big player really.

But we know all this so have to wait or sell up I guess.

[paulcon1] 16/1/2018 09:33

Good post Chris... Agree, I personally think they should make an operational statement with regards the share price (all time low) and financial situation (cash burn).. We seem to have an ever increasing Sales and Marketing Team that doesn't Sell or Market. Just when you would have thought marketing would be critical, FBT 'shut up shop'... Today is SS blog Tuesday though! ...

[chriscallen] 16/1/2018 09:18

Self promotion was, I always thought, one of the key characteristics of an AIM company and its management. In the case of FBT which even historically was an underperformer the recent performance is remarkable. Take the Forscene Blog site, for example, which from May to September 2017 published 10 blogs which at least showed they were having regular customer contact. From September to January 2018 not one posting. Look at the postings on Twitter: regular if sometimes inconsequential postings up to September then nothing. Admittedly we did get an RNS in December that told us that year end results would be down but trials were at an all time high. We have had a series of interesting posts from SS but not a whiff of anything that suggests the bottom line is improving. On the contrary material published on this BB indicates that more (and more expensive) staff are being hired. Whilst I accept that larger customers can take more time to win over I think a few meaningful Key Performance Indicators should be the order of the day. I seem to recall they took to telling us how many customers a month were using Forscene but that seems to have been dropped. Perhaps net cash generation might be a useful KPI. Can others suggest any "quick and dirty" KPIs that would actually tell us something meaningful?
All that nothing published tells me is that nothing significant is being achieved... remarkable because I still believe against all odds apparently that they have at least two potentially world beating products to sell.

[paulcon1] 16/1/2018 09:18

Agreed, IM has had no positive effect on share price, sales or sentiment in his first 5 months. 😞