Phorm Corp Share Discussion Threads

[sparky87] 31/3/2016 17:35

Btc.Your missing the point.I suggest you try and find out who owns the convertible which contains the IP.LMAO.You will never find out.In the mean time without financing you have a valuable she'll with big losses, very attraction to investors.

[btcustomer] 31/3/2016 17:22

Anyone seen Phorm's revenue results for H2 2015?

According to Bigger they were going to pull in $25m ROFL!
Instead, he had to bale them out with $0.5m in March this year.

IgbertSponk - you don't seem to know much about ad-tech - why this fixation on one data-aggregating company? The ad-tech market is much wider than Alphabet Inc.

[igbertsponk] 31/3/2016 17:12

So you're saying that what Phorm does google do already ?

[btcustomer] 31/3/2016 17:00

Interim results Sept 2015 specify non cash assets at end of June last year as:
Non current assets = $313,213
Current assets (non-cash) = $3,341,569
(described as trade and other receivables)

So what is this "IP" that is supposedly for sale?
When and where and by whom was it patented?
Who owns it?
What is it supposed to be worth (something considerably less than $3.3m) ?
Where's the market?

Listen carefully to the silence as no one provides answers.
Someone is trying to ramp again and pretend that the "PhD methodology" has some intrinsic "locked" value.

Now why would anyone want to post such misleading unsubstantiated tosh?

I suspect any clever stuff is in Anton Roslov's head.

Meanwhile the shares remain suspended and the BIG problem is insolvency.

What Phorm do is ALREADY being done by ad-tech companies all over the world. They are making money doing it. Phorm's unique selling point is their unique INability to make money out of their ad-tech.

[andy pipkin] 31/3/2016 15:52

This seems to be a felchers paradise.

[igbertsponk] 31/3/2016 13:39

More Hamsterbraindead than HamsterWheel

[sparky87] 31/3/2016 13:38

Hamsterbrain.I suggest you research some more.You are wrong.

[hamstersbrain] 31/3/2016 13:31

AFAIK, there is no IP in this mess that owned by or assigned/sold/given etc to anyone. How can Phorm or anyone else sell what they don't own?

[hamstersbrain] 31/3/2016 12:44

@ Sparky: How can Phorm sell what they don't own?

[sparky87] 31/3/2016 09:34

If anyone thinks that this technology will disappear if phrm are declared bankrupt I think the are very much mistaken.Remember phrm do not own the IP.Plenty of buyers out there for the tech.

[andy pipkin] 31/3/2016 08:23

You take being obsessively boring down to a whole new level.

[btcustomer] 30/3/2016 15:44

August 2014 - Michael Bigger posted that:
We believe that the latest equity funding will help the company approach cash flow positive. This aggressive statement implies that Phorm will see its revenues explode in the next six months as it completes its initial sales cycle in Turkey, Russia, and China. To reach break-even requires the company to reach more than $40 million in revenues at a minimum....

The Turkey business is ready to see a significant increase in revenues very quickly. The Turkey online advertising market should reach $0.8B market in 2014. In Turkey, Phorm has a partnership with TTNET which controls more than 70% of the broadband market. Phorm is in a great position to capture a significant slice of this market....

Recently, Phorm signed a memorandum of understanding with China Telecom which will speed up the establishment of partnerships with additional regional carriers. The company is now commercially live with eight ISP partners split between Russia and China. We believe that more Chinese ISPs are about to come online.

The total online opportunity in China, Russia, and Turkey is $22B. In 2015 and beyond Phorm will most likely expand its geographic footprint globally. Over time, we expect the company to tackle the entire $133B global online advertising opportunity. The advantaged nature of the model should help Phorm take a material share of this market. As we said before, success in its current business will help Phorm shrink the “To Critical Mass Sales Cycle” which will add more fuel to its expansion and growth....

This business has the potential to reach more than $1B in revenues within five years.

But 19 months later the shares were suspended because there was virtually NO revenue at all, and those markets had come to nothing. Three years and 5 months to go then, to hit that $1bn target...

Bigger was wrong. Turkey Russia and China were disasters. Phorm have had to drop DPI and start again with a different (and non-unique, non-"advantaged") model in the USA and the UK. The hype about "hovering" with the Boston Globe was simply to cover the fact that DPI would be confined to the Russian market, and might not even survive there because of the usual regulatory problems.

October 2014 he said:
H1 2015 revenues would be $24m, and H2 2015 revenues would be $50m
He was wrong, and he had to revise his projections downwards within 4 months as Phorm failed to deliver, as usual, and as the Chinese and Turkish markets quietly slithered into oblivion.

January 2015 he revised his projections downwards:
H1 2015 - $7m
H2 2015 - $25m

He also said:
We expect Phorm to generate more than 1 trillion advertising requests in H1 2015 and 2.5 trillion requests for the whole year. We expect the company will have more than 250 million peak daily users by the end of the year.

The company's burn rate should drop to a GBP1.3 million per month or less by April as costs are cut by GBP0.5 to GBP0.7 million per month and revenues ramp up.

We believe the company ended 2014 with daily advertising requests of close to 4 billion a day as it signs leading publishers.

We speculate the company will have no difficulty to fund the remaining funding gap of GBP10 million to achieve break-even.

He was wrong again - revenues in H1 2015 were a feeble $0.9m, as the Russian market failed to deliver (and current evidence from available webstats suggests things in Russia have got even worse).

Within 15 months Phorm's shares were suspended, and most of the super-heroes from the Phluid Media team had zapped and kapowed their ways into other careers.

For some reason Mr Bigger seems to think Phorm have something special. As they can't use their ISP-based DPI model in the USA or UK, then they are relying on their "algorithm/PhD" model - and evidence suggests that it is a very small fish in a large (but fiercely competitive and challenged) ad-tech pond. And ad-blockers are getting more popular by the day.

But all that aside - he has lent Phorm $500k. I've no idea why. Perhaps he's worried about losing the $2-3m he has already sunk into their now suspended shares over the last two years, buying when they were between 11p & 8p, because he thought they had bottomed out? When they had so much further to fall, before being suspended.

I wonder what rate they are burnng cash at the moment? If they hit their own latest predicted burn rate, it's about $0.7m per month. So Bigger's $500k won't even see them through March.

[igbertsponk] 30/3/2016 08:38

And out they both trot like obedient little pups.

[bluecar1] 29/3/2016 22:11

IgbertSponk 29 Mar'16 - 08:58 - 51273 of 51274
I see Google have stopped paying for bank holidays.

igbert how do you know?

are you paid by the search company? has the search company published the fact somewhere?

here boy !!!!

[btcustomer] 29/3/2016 19:01

I have no financial or any other sort of relationship with either Google or any other search engine or internet advertising company nor with Phorm or any of its competitors. My username explains my interest in Phorm. The trolls know all this but lie repeatedly with their libellous accusations suggesting that Google pay people to post here with negative information about Phorm. They have no evidence for such a malicious accusation which like their ramping of the share, is designed to mislead investors.

Are Phorm earning revenue yet, or are they still surviving on bailouts from gullible investors?

[igbertsponk] 29/3/2016 08:58

I see Google have stopped paying for bank holidays.

[btcustomer] 24/3/2016 22:41

Mr Bigger of Bigger Capital has made some devastatingly inaccurate predictions about Phorm.

[andy pipkin] 24/3/2016 15:23

If you say so, jeffwee.

Dont forget the bit about being homeless and living on a park bench. I must say, though, the internet reception on the bench is pretty good.

[12bn] 24/3/2016 15:06

PHRM is 100% of your portfolio Andy and they are suspended! Why don't you admit it,you are a complete and utter moron. Do have a nice day. :)

[igbertsponk] 24/3/2016 15:06

I suspect Bigger devotes a Smaller amount of his life to Phorm than BTCustomer does. I wonder if BTC kitesurfs in the Pacific too ?

[btcustomer] 24/3/2016 10:05

I have no financial relationship with either Phorm or any of its competitors. Contrary to Mr Bigger's speculations, I am not part of a "professional group of anti-Phorm campaigners" - and I know of no such group. Another area where he was ill-informed and badly briefed. He also mentions court action - and again, his comments are innacurate and misleading.

[andy pipkin] 23/3/2016 17:15

Agreed.

jeffwee

You'll just have to invent figures and facts in your mind and go with that. You wouldn't believe my pnl here if I told you, so I'll just let you wallow in that sea of ignorance in which you are a regular.