Ft Fbt Discussion Threads

[nickb] 15/3/2018 10:57

Hopefully investors will understand the offering better when the new Blackbird website is revealed around NAB in just a few weeks.

[nickb] 15/3/2018 10:54

The vision I would have thought is to get Blackbird as an industry standard proxy video codec for the internet /Cloud.

The industry is only just beginning its Cloud move so all to play for.

[paulcon1] 15/3/2018 10:53

The 2017 results and therefore the performance was disastrous, the BOD involved (Not Stephen Streater) should be changed. To be ineffective and then not engage with Long Term Shareholders is unprofessional and discourteous.

It seems the appointment and the subsequent performance of IM has been very positive and he should be praised for the impact he has made.

Moving forwards there are many positives, with new appointments, new contracts, extended contracts, refocus of the Sales and Marketing Team, increase in 1st Quarter Sales, up and coming tech relaunch and most importantly conformation of 12 months 'going concern' status.

Share price has also held...

The information in the RNS is extensive, specific and relevant.

Well done IM and his team for turning a dire situation around and as always Mr Streater for providing the Technology that everything at FBT revolves around.

Today is a better day than yesterday to be a FBT shareholder.
IMHO

[cabi1] 15/3/2018 10:41

If I was a new investor, I would definitely be buying in now.

[mcsean2164] 15/3/2018 10:40

SS is responsible for tech development and has done his job. He may not be the best salesman but he's far from useless.


Invoiced sales: I look forward to the day we don't hear of strange fbt metrics to justify failure.

My main concern is that we don't have a blu sky vision. What is the goal? How will they return value to shareholders?

[cabi1] 15/3/2018 10:39

Looks in good hands now. I'd given up on them, but now I'm starting to feel positive again. I think we are going to be OK.

[chriscallen] 15/3/2018 09:50

Barry Nulman appears to have the experience and the contacts to help a lot in North America. They now at least seem to have a decent plan and won't be spending money on product development unless they can see a cash flow linked to it. The double digit sales growth in Q1 of 2018 v 2017 is good news but is it 10% or 99%? That's a lot of wiggle room but if maintained into Q2 it may signal a real turning point.

[nickb] 15/3/2018 09:50

Impressive senior executive background in the Hollywood post industry with companies operating at the highest level.

[nickb] 15/3/2018 09:47

Ian’s statement

‘Sales and marketing

Our shift towards a recurring revenue infrastructure sales model has led to a reappraisal of the frontline sales team. We have moved away from transactional sales to consultative long-term partnership selling. This has resulted in fewer sales people, but at a more senior level. In North America, as well as the additional sales and reseller capacity we added in 2017, post year-end we have made further increases in our North American sales capacity by appointing Barry Nulman, a highly respected executive with a proven track record. Barry has held senior management positions with several leading post production facilities and technology companies including Picture Head LLC and Avid Technologies.’

[cabi1] 15/3/2018 09:43

How do you know?

[nickb] 15/3/2018 09:40

Barry Nulman

Here is an old press release from his last job






A highly respected executive with a proven track record, Nulman has held senior management positions with several leading post production facilities and technology companies. At Avid Technologies, he led the Market Development in Hollywood group, and was responsible for the company’s successful deployment of its HD technologies in Hollywood. He served as President of The Post Group and expanded and grew its various business units. He also launched The Post Group’s on-air promo division to service Fox Sports Net. Previously, he served as President of Anderson Video at Universal Studios. He is an Associate Member of ACE and an active member of Academy of Television Arts and Sciences.

[cabi1] 15/3/2018 09:28

Who’s the Hollywood executive who has just joined us?

[nickb] 15/3/2018 09:24

Yes the same here and the poor past should have been priced in.

10p down to 4p since Aziz left.

Return to growth is a great statement to read.

It’s more about the future anyway and I know bonio is excited as I am with the high profile senior Hollywood executive who has just joined us.
A great CV imho.

[cabi1] 15/3/2018 08:54

When I say happy with results, I mean they are not as bad as I expected.

[nickb] 15/3/2018 08:52

Cabi
Well that’s two of us!

[cabi1] 15/3/2018 08:50

Can’t believe I’m saying this, but I’m quiet happy with the results and the statements. Pleased to see the Pilot is still ongoing with North American Broadcaster. All to play for again. Onwards and upwards.

[bonio10000] 15/3/2018 08:44

I see the ended up canning £160k for Atos.

[aimster4400] 15/3/2018 08:39

The cash burn seems to have improved too, it's running at £160k / month so they could last out a full year running as they are. I'd like more details on what a "platform sale" is. The increase in those types of sales is good but what customers do we already have using it as part of their platform? Any ideas?

[nickb] 15/3/2018 08:34

bonio
I am not invested here for the opening.

On the selfish side I would rather the share price not rise until we are into the new tax year so if you can stay trolling that would help

[bonio10000] 15/3/2018 08:17

Guessing Nickb called the opening wrong.:-)

[sideshowbull] 15/3/2018 07:58

"Without a leader" nothing was happening, sack the lot then.! lol

[bullet ant] 15/3/2018 07:54

New 52 weeks lows expected today

2p or 1.5P


Hope this helps.


BA
Stealing is good