[108BULLGURU]

(ii) Investment in Subsidiaries and Joint Ventures:
Particulars
Year ended 31st March
2019 2018
DreamAd Group 54,32,40,000 54,32,40,000
Frontier Data Management Inc., USA 1,29,84,77,349 1,29,84,77,349
International Expressions Inc., USA 1,04,53,63,208 1,04,53,63,208
Online Media Solutions Limited, Israel 51,78,81,121 51,78,81,121
Ybrant Media Acquisition Inc.,USA 1,26,52,40,000 1,26,52,40,000
Max Interactive Pty Ltd,Australia 41,74,90,000 41,74,90,000
Dyomo Corporation,USA 4,67,300 4,67,300
Ybrant Digital Servicos De Publiciade
Ltda,Brasil
2,65,932 2,65,932
Ybrant Digital (Brasil) Ltd., Singapore 45 45
LGS Global FZE,UAE 2,43,650 2,43,650
Yreach Media Pvt Ltd. 99,000 99,000
LIL Projects private limited. 99,980 99,980
Apollo Lycos Net commerce Ltd – 14,70,000

[108BULLGURU]

(i) Unsecured loans from Related Parties: (Amount in Rs)
Particulars
Year ended 31st March
2019 2018
DreamAd, Panama 7,60,87,000 7,15,44,000
Frontier Data Management Inc, USA 8,99,61,464 8,45,90,049
International Expressions Inc, USA 7,27,47,196 6,84,03,609
Online Media Solutions Limited, Israel 10,90,81,090 10,25,68,080
Ybrant Media Acquisition Inc, USA 56,38,83,956 53,02,15,593
LIL Projects Pvt ltd 40,74,49,402 18,69,48,669
Yreach media Pvt ltd 69,19,267 62,14,000

[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

[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]

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]

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]

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]

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]

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]

safe bet for those who are out is to enter or add only on
convincing break out at 7.50.
simple.

[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]

all good. his holding % not changed. He sais there was some mistake by some one or some thing.

[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.

[108BULLGURU]

when asked during last conf call re this issue he said it was pesronal i thin kand there was some misunderstanding and he may issue a notification/letter. some thing like that i remememebr
h

[108BULLGURU]

Some stray thoughts.
I think BCG will be kicked around 5-6 rupee
till PO offer is over and shares are in the kitty of the sharks.
Those who are out or who are already and thinking of adding have some choices.
They can add the total amount now.
or they can add hald f now and add half if and when it goes through 750 on heavy volume.
or just wait and try UR luck getting in
when it closes above 750..
Keep thinking and acting.

[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”

[108BULLGURU]

New buyers of PO must havebeen told by
SKR all is good to get them buy in.

[108BULLGURU]

So what. small amount.Koi personal loan wagairah hoga merey khayal mein.
I think SKR also said some misunderstanding was there.
Purnai baat ho gai ab to. aagay dekho.

[108BULLGURU]

WOW. V interesting. That could be the reason. so SKR playing cool a nd did not want to say any thing when asked at the CONF CALL.
Suits BCG very welll then

[108BULLGURU]

That is in personal capacity and has nothing to do with being the BCG CEO or BCG loan.
Interesting.

[Author]

Posts