[MoonShotInvestor]

Yes. Edelweiss Custodial Services is proxy for some professional investor. I doubt it is a a Mutual Fund, as the MarketCap is still below their threshold. But it can definitely be a PMS investor. They do not have any such restrictions.

Good for him/them.

[108BULLGURU]

Yes. Edelweiss Custodial Services is proxy for some professional investor. I doubt it is a a Mutual Fund, as the MarketCap is still below their threshold. But it can definitely be a PMS investor. They do not have any such restrictions.

Good for him/them.
WELL IT is a vote of confidence in the stock and its fututre for sure.
It has to be a well informed investor.
Retail investors decreased from 36000 to 30000 and now below
29000.
It is always the reatil that becomes sheep/canon fodder.
tears……..

[T9C]

Shares moved from G’s group to Edelweiss. Last quarter G’s holding was 12%, now it is 10.95 and Edelweiss 1.05%.

[108BULLGURU]

Good find. Tells every thing how ping poing is being played and small retail investors are being fooled and scared to sell their shares at rock bottom price.

[108BULLGURU]

inflection point
noun
1.
MATHEMATICS
a point of a curve at which a change in the direction of curvature occurs.
2.
US
(in business) a time of significant change in a situation; a turning point.
“the economy has crossed an inflection point and is poised for bigger things”

[Shoumik]

Good morning friends.

SKR has talked about Daum settlement , the loan closure , big 4 , pref issue , new investor , the subsidiaries , dividend policy , the market place and some more on other topic concerning BCG.

But our Billionaire in the making did not ever mentioned about

Why did he pledged his shares.

What did he do with that money.

What are the Goenkas doing here playing the shorting game .

Who are the corporate bodies which hold a sizeable chunk.

The list of top 1000 investors who have shown confidence in his venture the most.

Friends this all because he wanted your money when he started his venture and requested people to invest in it at a high price and now he wants your shares at dirt cheap price.

At that time he LOADED his TRUCK WITH ‘ CASH ‘ selling the company’s shares at a high price to retail and other funds.

He used this money for two purposes . First to build the business and secondly to HAMMER DOWN BCG with the help of Goenka and gang to petty these levels.

The MONEY HE GOT FROM PLEDGING his shares and also the ADDITIONAL MONEY EARNED THROUGH SHORTING was used to LOAD UP THE TRUCK THIS TIME WITH ‘ STOCKS ‘ WHICH WERE BROUGHT DIRT CHEAP AND PARKED IN DIFFERENT ENTITIES.

Goenkas are his dogs sent to the market to bite and collect the bones (shares) which people left due to fear of loosing further and all the RUMOUR MONGERING which went on the other board to make them lose their confidence and destroy them.

All this time though the value of the business kept on moving up when while the share price was going down.

Now this final loading with parking of new stock with his friend he is ready to roll the keys and start his overloaded truck full with stocks.

Be ready with your hooks and fasten them tightly to his truck to make a long train so we all can reach the destination along with him.

Cheers

[kpal]

Whatever the pump & The dump, What really matters now is only the ig 4 audit, I repeat the markets at present does not trust the numers that seems to e a strong case, Therefore availale at this dirt price, May e the market is made to elieve that way, Why ? vested interests at play want to garner as much as possile & They have done so very successfully & Once the audited results will get declared will reflect no mismatch in numers, No one will get to enter as demand will e very high & supply very less. To sum it up classic modus operandi, Equally classic camouflage, Will put a chameleon to shame & eat it at its own game y a large margin. Understand this ecause understanding is more important then knowing. Cheers !!!

[108BULLGURU]

Two scenarios.
1.
It could all be a cock and bull story to fool investors, give them hope and keep on creaming them and the market and running the sham /scam…..
2.
All U said could be true and revealed in a step manner by the end of May . all done.
No one able to enter or addmore.
What do U think is the possible scenario.

[kpal]

I stick to the this scenario. Market participants are waiting on the sidelines for the ig 4 audit to take place ecause they think numers are faricated. So a ig 4 audit report furnished will clearly indicate the right picture. As it is informed decision making is certainly right then taking an ill informed one. Cheers !!!

[Shiva73]

Axis bank auctioned properties for 36 cr loan.why sir lied to exchanges this pref allotment of shares is to pay axis bank dues.

[kpal]

Does it really matter, What should matter is clearing of loans, As it is canara ank, Si loan already cleared. Axis was remaining, That also getting cleared, It means our company will ecome det free & that is a very good sign. Cheers !!!

[sateanna]

The first roll of the dice is over. PO allotment news out…No impact on the market. The overall consensus is that Stock price will move only on Daum Settlement/Pledged share release / Audit by a big 4 firm. Also the subsidiaries of BCG are worthless for us shareholders as SKR refuses to use them to solve any of the issues, which is really strange. With the kind of reserves BCG has ideally Daum issue should have been closed long back. Unless we get the full advantage of all the subsidiaries, don’t think we are going anywhere in a hurry.

[108BULLGURU]

Duting and till Daum issue is over, it is not possible to so they call in accounting terms lift the skirt, means show all your numbers.
We forget that BCG USA buyer of Lycos declared BANKRUPTCY. So i think company ring fenced subsidiaries and did not transfer any thing from them to parent company and also did not r produce their audited numbers et etc etc..
So thorn in the neck is Daum.
It is very legal and very technical. I think SKR also said that we have been advised not to download the subsidiaries numbers. I thnik crying of cash crunch was also a part of the banruptcy saga.How can U not have a cash crunch when UR declaring bankruptcy in USA.
Problem is that small retail holders have suffered big losses and they have lost on time and opportunity cost too.
If numbers are real and as good as we know and all issues are sorted out as promised by SKR in the last conf call then oolala. where will BCG be by June 2020.
Make a guess.

[108BULLGURU]

I think it is all Daun issue not letting the real numbers come out
and hence the real value of stock not realized in the market

[108BULLGURU]

Sl. No. Name and Description of main products
/ services
NIC Code of the Product/
service
% to total turnover of the
company
1. Software Services and Digital Marketing Division 62 and Division 63 100%
III. PARTICULARS OF HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES –
S. No. Name of the company CIN/GLN
Holding/
Subsidiary
/Associate
%of shares
held
Applicable
Section
1. YReach Media Private Limited U92412TG2012PTC082116 Subsidiary 99 2(87)
2. LIL Projects Private Limited U72900TG2016PTC110656 Subsidiary 100 2(87)
3. Frontier Data Management Inc.,
USA – Subsidiary 100 2(87)
4. International Expressions Inc., USA – Subsidiary 100 2(87)
5. Online Media Solutions Limited,
Israel – Subsidiary 100 2(87)
6. Ybrant Media Acquisition Inc., USA – Subsidiary 100 2(87)
7. Dyomo Corporation, USA – Subsidiary 100 2(87)
8. Max Interactive Pty Ltd., Australia – Subsidiary 100 2(87)
9. DreamAd, SA Argentina – Subsidiary 100 2(87)
10. DreamAd, SA Chile – Subsidiary 100 2(87)
11. Get Media Mexico SociedadAnonima De
Capital Variable, Mexico – Subsidiary 100 2(87)
12. DreamAd, SA Panama – Subsidiary 100 2(87)
13. DreamAd, SA Uruguay – Subsidiary 100 2(87)
14. Ybrant Digital Services De
Publiciade Ltd., Brasil – Subsidiary 100 2(87)
15. Ybrant Digital (Brasil) Ltd,
Singapore – Subsidiary 100 2(87)
16. LGS Global FZE, UAE – Subsidiary 100 2(87)

[108BULLGURU]

According to the information and explanation given
to us and based on the records of the company
examined by us, there are no dues of Income Tax,
Goods and Service Tax and Customs Duty which have
not been deposited as at March 31, 2019 on account
of any dispute except which are given below:
Name of
the
statue
Year Pertains to
Forum
where
dispute is
pending
Amount Involved
Income
Tax
Various Assessment
years CIT/ITAT Rs. 67,30,59,258/-
Service
Tax
FY 2007-08 to FY
2012-13
CESTAT,
Hyderabad Rs. 18,73,28,280/-

[108BULLGURU]

trade receivables standalone.
NOTE NO. 12 : TRADE RECEIVABLES
As at 31st March 2019 As at 31st March 2018
Rupees Rupees
Trade receivables
(i) Unsecured considered good 2,35,06,91,048 2,39,52,08,549
Less: Allowances for bad and doubtful debts 7,43,14,141 11,14,81,624
I Notes
2,27,63,76,907 2,28,37,26,925

[108BULLGURU]

NOTE NO. 20 : BORROWINGS – NON CURRENT
As at 31st March 2019 As at 31st March 2018
Rupees Rupees
Borrowings – Non-Current
(i) From banks-Secured
(ii) From other parties-Unsecured
Loans from Related parties
I Dream Ad, Panama 7,60,87,000 7,15,44,000
Frontier Data Management Inc 8,99,61,464 8,45,90,049
International Expressions Inc 7,27,47,196 6,84,03,609
Online Media Solutions Limited 10,90,81,090 10,25,68,080
Ybrant Media Acquisition Inc 56,38,83,956 53,02,15,593
91,17,60,706 85,73,21,331

[108BULLGURU]

NOTE NO. 22 : BORROWINGS – CURRENT
As at 31st March 2019 As at 31st March 2018
Rupees Rupees
Borrowings – Current-Secured
Cash Credits and Working Capital from Banks
(a) Axis Bank Ltd – Cash Credit Facility 36,02,05,069 36,02,05,069
I (b) Canara Bank – OD Facility 31,00,29,740 32,28,96,315
Notes:
Total Borrowings Current 67,02,34,809 68,31,01,383
S.No. Particulars
Note No 22(a): Working Capital of Rs 4500 lakhs and Bank
Guarantee /LC of Rs 400 Lakhs, term loan of Rs 500 lakhs and
Rs.200 Lakhs Loan Equivalent Risk(LER) from Axis Bank Ltd are
secured by charge on current assets, Fixed Assets, Pledge of
promoters shares,immovable property and personal Guarantee
of Promoter Directors.
Note No 22(b):Working Capital of Rs 3500 lakhs and Bank
Guarantee of Rs 1000 Lakhs and term loan of 450 lakhs from
Canara Bank are secured by charge on current assets, Fixed
Assets, Pledge of promoters shares,immovable property and
personal Guarantee of Promoter Directors.

[108BULLGURU]

6 Yreach Media Private Limited, India 99% Owned Subsidiary
7 LIL Projects Private Limited, India Wholly Owned Subsidiary
8 Frontier Data Management Inc, USA Wholly Owned Subsidiary
9 International Expressions Inc, USA Wholly Owned Subsidiary
10 Online Media Solutions Limited, Israel Wholly Owned Subsidiary
11 Ybrant Media Acquisition Inc, USA Wholly Owned Subsidiary
71
BRIGHTCOM GROUP LIMITED
12 Dyomo Corporation, USA Wholly Owned Subsidiary
13 Max Interactive Pty, Ltd., Australia Wholly Owned Subsidiary
14 DreamAd, Argentina Wholly Owned Subsidiary
15 DreamAd, Chile Wholly Owned Subsidiary
16 Get Media Mexico Sociedad Anonima De Capital
Variable, Mexico
Wholly Owned Subsidiary
17 DreamAd, Panama Wholly Owned Subsidiary
18 DreamAd, Uruguay Wholly Owned Subsidiary
19 Ybrant Digital Servicos De Publiciade Ltda, Brasil Wholly Owned Subsidiary
20 Ybrant Digital (Brasil) Ltd., Singapore Wholly Owned Subsidiary
21 LGS Global FZE, UAE Wholly Owned Subsidiary
22 Ybrant Employees welfare Trust Directors acting as Trustees
23 LGSL Foundation Trust Directors acting as Trustees

[Author]

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