59k available at .34 today, on market. But that's small beer really isn't it.
Abs144, you're correct, I should have read the notice more thoroughly.
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It's exciting to see VMob's largest customer McDonalds reporting strong turnaround for Q3.
"McDonald's is the world's leading global foodservice retailer with over 36,000 locations serving nearly 69 million customers in over 100 countries each day."
The McDonalds financials announced: http://news.mcdonalds.com/Corporate/...leaseid=123071
And in the news:
Here's a quote that should encourage VMob shareholders: "Other efforts have focused on improving order reliability and beefing up McDonald's digital presence with a mobile app that has been downloaded more than two million times." http://news.yahoo.com/mcdonalds-prof...005532440.html
Other news of the McDonalds turnaround:
http://www.bbc.com/news/business-34609963
http://www.cnbc.com/2015/10/22/mcdon...-earnings.html
http://www.cnbc.com/2015/07/23/mcdon...-earnings.html
Looking forward to hearing more from VMob on how their solution is contributing to key retail business metrics, like increased foot traffic, increased sales, voucher redemptions etc.
Hey Baa, yep that's a nice piece of information. Thanks
This in interesting because MCDonalds USA did not have a app prior to the Launch of the VMob -McDonalds digital playform. in other words there have been 2m fresh new downloads. McDonalds Japan and some of the other countries already had an app in place prior to VMob. But also about a month ago I understand that there were only about 1m downloads of the McDonalds USA app. Long may the number of downloads continue to increase
Also the great news is that the digital platform is a key part of the future of McDonalds marketing strategy - and VMob is at the centre of that strategy (I hope)
VMob's Personalisation Platform scores another gong this week with a 'Highly Commended' at the NZ Innovators Awards 2015 in the category Information Communications Technology & Cloud Solutions.
"This category is open to innovators and innovative organisations that specialise in telecommunications, information technology systems, software, hardware, product development and software as a service. This broad category is one of the largest and includes cloud based solutions and customer offerings (such as Apps)."
Well done VMob!
Timothy Cook just stumped up $200,000 of his own money in the placement. That seems like a good endorsement doesn't it.
https://www.nzx.com/companies/VML/announcements/265954
He had an interest in 7% of the VML through CAM.
He disposed of his shareholding in CAM; Cam was holding most of his interest in VML.
If you have disposed of 6% of the VML for an undisclosed sum - spending 200K now does not qualify as a glowing endorsement IMO.
Thanks axe
Axe, at the time it did seem a bit unusual, though not as a warning bell for VML, more as an interesting occurrence between the two shareholders of CAM, that held shares in VML.
The conclusion I came to was that there was obviously some relationship between the CAM shareholders that no longer worked, one could speculate on that, but to what end?
I have comfort that CAM are still holding a total of 3.8m of shares.
TC is still buying shares in his own name, and has basically doubled-down twice with 1.3m shares now, which as a Director is an excellent sign. So I don't really get your point to be honest, are you speculating about Tim's VML interest via CAM and his exit, or do you know something more about this?
Finally, eligible investors and insto’s are still acquiring VML in $200k - $500k lots, so obviously they are interested in the prospects for the future.
BAA
axe, Mr Cook never had an equity interest in CAM, therefore never disposed of the shares. And, CAM still holds their VML shares. He had some shares in his own right which is has obviously just added to, in a big way. Always good to see Directors buying up. Gives us all confidence.