[admin]

Thanks @aindia sir for sharing the research update

[aindia]

Growth of counts on ADAuth platform
26 Oct 2020 vs 30 July 2019 ( 15 months)

Publishers: 38443 (12657)=25786 = grew by 204%
Direct Accounts: 70175 (11749)=58426= grew by 497%
Re-Seller Accounts: 9712 (4784)=4928= grew by 103%
Total Accounts: 79887(16533)= 63334 = grew by.383%

[aindia]

Built-With counts:

23 April2020
Top 1 mn: 4447
Top 100K: 1884
Top 10K : 557

27 Oct 2020
Top 1 mn. : 6700
Top 100K . : 2436
Top 10K . : 689

Growth over “5 months” (%):

Top 1 mn. :6700-4447=2253 (51%)
Top 100K . : 2436-1884=552 (29%)
Top 10K . : 689-557=132 (24%)

[aindia]

BCG clears the ACID TEST- Joins the league of Top 42 global SSPs

SSP platform that …

1.has an ad server and supports different protocols
(programmatic direct, open auctions, etc.)

2.has Header bidding options to offer.

3.has “advanced programmatic” solution that “increases yield “for “websites” and “apps”, by offering premium inventory to multiple ad exchanges (buyers) at the same time?

4…..manages multiple ad network partners under one roof.

5. offers a variety of ad formats, like video/banners/native/interstitial ads.

6. offers viewability metrics.
============================================
……..BCG has them (1 to 6) ALL, hence slotted in the global list of top 42 SSPs.
===========================================

[admin]

The above three posts by @aindia did not get posted for some reasons. Have fixed it now.

Thanks @aindia for sharing your research with us.

[Logan]

Alphabet stock surges as resurgent Google ad sales deliver big earnings beat

“Regarding revenue, in the third quarter, we benefited from a broad-based improvement in advertisers spend across all geographies and nearly all verticals,” Chief Financial Officer Ruth Porat said on a conference call.

Online ad sales seem to have bounced back in the third quarter from early COVID-19-related weakness, as Pinterest Inc. PINS and Snap Inc. SNAP already disclosed big bumps in ad sales, juiced by greater customer engagement.

Shares in Google’s parent soar 6% on ad sales rebound

About 90% of Google’s revenue stems from advertising, much of it linked to search results. That business ground to a halt in the second quarter, as the pandemic decimated its biggest clients, travel and tourism companies. But as lockdowns wore on and people adjusted to spending more time at home, e-commerce has boomed and people have spent more time watching YouTube, helping the search giant business get going again. The U.S. economy also bounced back, notching record growth in the third quarter.

[odysee]

@Logan, waiting for the day-

‘Brightcom Group stock surges….’

Don’t see why that shouldn’t be a recurring headline in our financial papers

But then the game has to be played intelligently and consciously. ‘A Star is born…’ Not that the data to back that up is not there.

[Rathi_b]

Follow up meet of representatives from Brightcom Investors forum with Suresh Reddy.

31 October, 2020

Yesterday we had a meeting with CEO Suresh Reddy primarily regarding the Audit reports and letters regarding the status of LOC. Relavent aspects like nature and price of the stock, Axis bank and Daum settlement were also discussed amongst others.

1. We were shown the E and Y reports for the last three years of the Israeli entity of Brightcom, with the latest being the 2020 report.
2. Letters relevant to Line Of Credit were shown and thorough discussion was held on it. We are convinced that the company is on right direction concerning it’s execution.
3. Regarding the situation with Axis bank, we were shown the letter of the earlier OTS agreement done with the management of the bank and Brightcom and also we were told that the bank has still not got back regarding the settlement offer that was tabled to them.We were again satisfactorily assured that the settlement would be completed once the bank reverts.
4. A question regarding getting new stable investors into the company was discussed and Suresh has assured us that he is assiduously working to get stable and like minded investors into the company alongside working on LOC.
5. A question regarding the number of employees working for Brightcom in India was raised with regards to the fact that there were differences from 2016-17 to 2020. Suresh told us that he would check the data and give us information about how many employees the company has India and the nature of their employment ( contractual or permanent).
6. We were shown the settlement letter between Brightcom and Daum. Suresh had again reiterated that this would be settled immediately after the money from LOC in this regard is received.
7. Questions regarding the circuits and the nature of the stock ( illiquid position) were raised and discussed. Suresh regarding the circuit levels had told us that, all he can do is to make a submission to stock exchanges, as the exchanges have their own algorithms and surveillance measures which they use to change the circuit levels when they think it is relavent. Regarding the illiquid nature of the stock Suresh has told us that he would discuss with his management and pursue it with the exchanges to get it changed.
8. Lastly we had a discussion regarding the Fake news and maligning of the company being done on moneycontrol. Suresh told us that the company had previously written letters to moneycontrol to moderate it better, but no action was taken by them in that regard. We pushed him to take a stronger legal action against them stating that they are just causing more damage than any good to the 50000 investors of the company. Suresh told us that he would look into it with his legal team but had also told us that the company rightnow is very busy working to get the LOC done and has asked us to be a bit patient regarding the situation at moneycontrol.

Regarding letters relavent to LOC, Daum, Axis and Audit reports that were shown to us, we who were present at the meeting submit that we were given a thorough opportunity to check them, but because of the sensitive nature of information we cannot disclose the details other than what has been already written above. I along with other investors present for meeting hope that the members of the forum and other investors understand our predicament in this regard.

Suresh was very courteous and he was happy to continue this relationship with retail investors.

[Anonymous]

@Rathi dear just what your sense are they very close of loc. What do you think. Any time frame he mentioned?

[Rathi_b]

Looks imminent @Antu.

[buffet]

@rathi_b

Thak you very much !
One query- Any update on BDO audit and its status?

[Rathi_b]

I’m sorry we did not prioritise it as the consolidation of US entities was tentatively put on hold.

[drjaysee]

Dear @Rathi & Co, Thank you very much to all of you who have attended the meeting with SKR on behalf of all investors. Fingers crossed and let’s hope, everything will be alright soon.

[Rathi_b]

@Admin ji post it also for the Twitter warriors, it will be really satisfying to read all the fakery that will be spewed on motioncontrol forum.

[odysee]

@Rathi_b, thank you and the other members for your briefing on this very satisfactory and reassuring meeting that you had with Mr Reddy yesterday.
It would appear, based on what was indicated, that BDO audit and the consolidation are on hold for some unknown reason.
And if the LOC is imminent, then it may not be being granted to the holding entity(not yet incorporated) of the consolidated lot of subsidiaries ( on hold now) against their collective receivables as was understood.
Of course, this can change and be resurrected if the circumstances so demand.
It would be interesting to see how the LOC arrangement is structured without the consolidation or a ‘Big Five’ audit of the financials and receivables.
With Axis bank not reverting on the offer made by BCG a few weeks ago, does one assume that it would be left to NCLT to decide tomorrow or the next given date of yet another hearing?
Would appreciate your comments without your having to compromise on any sensitive information.

[Rathi_b]

Both the parties are showing a lot of interest for an amicable resolution. Personally I believe this will be done out of court. As far as tomorrow is considered I think there is going to be another extension.

[admin]

Thanks Rathi and the entire representatives for your effort.

Hyderabad representatives of Brightcom Investors Forum had a follow up meet yesterday with Mr. Suresh Reddy. Thanks to all representatives and the BCG management to make it happen.

For complete update please visit the below link,https://t.co/tn7nPNxVyA

— Brightcom Investors Forum (@BrightcomInvest) November 1, 2020

[VALUEBUYER001]

Is brightcom group settles axis? Is it true? pic.twitter.com/5dzwSoYTDC

— Badri (@Badri36744520) November 1, 2020

[Logan]

@Rathi_b and other members, I can’t thank you enough for your efforts. It’s because of you guys we all got clarity on many topics.

I would also like to thank the @Admin for creating this forum. It’s because of him we all have a platform to share and discuss important things.

[nitin_asce]

@Rathi_b Thank you very much for the update. I think it gives immense confidence that some members have seen the documents and it’s ok if confidentiality needs to be maintained.
This clears I think almost all of our doubts and the ups and downs we are seeing are just normal things which happen during course of business. Off course we did have more share share if downs than ups.

I think if Mr Reddy is genuine (shows from his intent in meeting the retail investors twice and taking time out) then the remaining problems will go away in few quarters and hopefully stock market will reward its shareholders.

[Author]

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