Re: Future none the less I have sold at a loss. I see this dropping back to .3 fairly quickly. I absolute loath this type of finance deal. If something smells of fish there probably are fish!!
Future I think a lot of people have missed something here.. The company is now valued at just over 10 million.The company hopes to sell the digital division for anything between 8 and ten million.I can see this being sold, but not how they envisage it.. Any one interested would seriously now be looking at acquiring the whole company and not just the digital division. INMO this is clearly a takeover target. Most probably from a U.S buyer.. I wouldn't be surprised if this materialises before any announcement is made on the sale of the digital division.
Re: Never before... It`s a shame tech companies like Prox have to go to the likes of Darwin, where in the US they are much better funded. Like you say tot hope digital is sold quickly and pay them off.
Re: Never before... Agree grosly oversold.also the convertables bear no interest and not convertable until price of 1.24 inmo very good way to raise money short term to cover funding until the sale goes throug
Never before... ....have I been so out of pocket so quickly on an investment. The involvement of Darwin is never welcome but if the digital payments division is sold one would assume that there would be early termination of the agreement, hence this morning's drop seems grossly overdone, given the progress which the company is making. I'm holding but clearly dissapointed that they had to go down this route,T
Re: ot erdec Sorry for not responding to the greeting earlier erdec, but I've been a busy boy elsewhere with only a toe in the water here until today, Three toes in now, but am surprised how quiet it is here compared to lse board, given today's volume.Looking forward to some more of that in the days and weeks to come.ATB,T
Just for interest. After Retail Stumble, Beacons Shine From Banks to Sports ArenasbyOlga KharifDecember 5, 2016 90 AM EST In a show of confidence, Mobile Majority buying Gimbal Shipments of the devices expected to grow to 500 millionBeacon technology, which was practically left for dead after failing to deliver on its promise to revolutionize the retail industry, is making a comeback. Beacons are puck-size gadgets that can send helpful tips, coupons and other information to peoples smartphones through Bluetooth. Theyre now being used in everything from bank branches and sports arenas to resorts, airports and fast-food restaurants. In the latest sign of the resurgence, Mobile Majority, an advertising startup, said on Monday that it was buying Gimbal Inc., a beacon maker it bills as the largest independent source of location data other than Google and Apple Inc.Beacon technologySource: GimbalRetail has gotten a lot of attention, but we actually see a huge pickup in other industries as well, said Thomas Walle, chief executive officer of Unacast, which aggregates data collected from beacons for advertisers. Now airports and transportation is probably the largest. Sports stadiums is huge -- more than 60 percent of all large sports stadiums in the U.S. are beacons-enabled.Apple launched its iBeacon protocol in 2013, laying the foundation for whats now called the proximity industry, where advertisers can target consumers based on their super-precise location. The number of shipments of Bluetooth low-energy beacons is expected to grow to 500 million by 2021, up from 8.2 million this year, according to ABI Research.No AppsExclusive insights on technology around the world.Get Fully Charged, from Bloomberg Technology.Several recent developments have sparked the latest boom. Companies like Google parent Alphabet Inc. are making it possible for people to use the feature without downloading any apps, which had been a major barrier to adoption, said Patrick Connolly, an analyst at ABI. Introduced this year, Google Nearby Notifications lets developers tie an app or a website to a beacon to send messages to consumers even when they have no app installed.With Google and Apple driving and pushing the market around new tools enabling proximity, we see this as opening the door for more enterprises adopting this technology, said Brian Dunphy, a senior vice president at Gimbal.Read more: Apple IBeacon Is Yet to FlareMore sophisticated software used to manage and set up beacons is making the technology more cost effective. In the past, companies had to plaster their walls and ceilings with the devices, and keeping track of where they were and periodically replacing batteries was an expensive headache.But in June, Cupertino, California-based Mist Systems began shipping a software-based product that simplified the process. Instead of placing 10 beacons on walls and ceilings, for example, management using Mist can install one device every 2,000 feet (610 meters), then designate various points on a digital floor plan as virtual beacons, which can be moved with a click of a mouse.Weve eliminated the biggest obstacles, said Jeff Aaron, vice president of marketing at Mist.As the market moves to virtual beacons, cost of the devices could drop from as much as $20 today, ABIs Connelly said. You could even be getting into cents, less than $1 per beacon.Among the examples of the growing use of beacon technology: On Nov. 22, Diebold Nixdorf announced it will integrate beacon software into its ATMs, so customers would see personalized ads on their screens. The technology can also let financial institutions detect and identify consumers as they approach a branch lobby. In March, Citigroup Inc. made beacons available at a few branches in Manhattan, to let customers enter the lobby after hours by using their iPhones or Apple Watches, instead of bank cards. Citigroup spokeswom
good read www.proxama.com/news/unacasts-proxbook-rank-proxama-the-no-1-proximity-solution-provider-in-the-world
Black Friday hope your making the most of ours arbor
Good News INMO long term this is good news re RNS announcement.. Personally I am not sure that this should have been announced via an RNS.Maybe the company just wants to let people know how Beacons can be used, Could someone enlighten me as to where the nomad is in all of this..
IMO those buys in the next couple of years will be cracking investments if not sooner, which means mine will be as well
Re: arbor 1.2 million bought todayOOPSjeez, hope my belief in PROX is well foundedroll on the december trading update
arbor sounds like another 500000 buy headed your way or has done already
Re: Today`s great day to buy more
Today`s Alzheimers Research UK has launched a proximity campaign to promote its Santa Forgot Christmas video produced by Aardman Animations, and voiced by Stephen Fry.The charity is working with Proxama to reach consumers with its promotional video via their smartphones, through in-app advertising to the Bus Times London or Tube Map apps, triggered when the user comes within range of a beacon. Proxamas beacon network covers buses, taxis, cinemas, convenience stores, and billboards.Bus users with one of the apps installed, for example, will see a contextual notification welcoming them aboard the bus and giving them route details after they have been on the bus for one minute. A couple of seconds later, they will be served the ad promoting the video.In addition, the campaign is also using Googles Physical Web platform to promote the video. When an Android user comes within range of one of Proxamas beacons, so long as they have Bluetooth switched on, they will receive a Google Nearby notification (identified by a small diamond at the top left of the screen). When they click on the notification, it takes them to a branded landing page which leads to a YouTube link to the video.No app, other than the Chrome app which comes pre-installed on Android handsets, is required for the Physical Web notification to be delivered. iPhone users with the Chrome app installed (around 10 per cent of the installed base) will also receive the notification. Proxama is one of two certified location services providers for the Physical Web worldwide.Proxama CEO John Kennedy said: The Christmas period sees thousands of brands vying for consumers attention. This can create major challenges, particularly for charities that can sometimes struggle to get their voices heard.Using proximity marketing methods enabled by our beacon network will help AR UK deliver their content to members of the public at the right time, cutting through the noise. With Alzheimers disease and other dementias now the UKs biggest killer, we know how important awareness-raising can be and are proud to be supporting them with this.The campaign, created in collaboration with Exterion Media, Ubiquitous and Primesight, launches this Saturday and runs through to 10 December. It highlights the problems people face when dealing with dementia and aims to point out that anybody, even Santa, can be affected. It focuses on the character of Freya, a young girl who has grown-up in a world where Santa has stopped visiting on Christmas Eve, and her efforts to help find a way to fix Saint Nicks dementia.