[vsk]

This is really frustrating with this eternal waiting on closing long pending deals. Dont see any light and there is no end to this tunnel.

Becoming more and more obvious that BCG management is not at all investor friendly and behaves like a private company fully controlled by a single person.

Recently just before the conference call they have come up with a investor relations contact number and it is still of no use for us.
I received a forward from my contacts regarding a simple question “Daum closure” which is dragged for ages which is totally in the hands of the BCG to close the deal and no reply at all.

Are we employees or share holders of BCG dont we have any rights ?
What can we do?

Attachments:

1. 

   bcg_daum.jpg
   

[vsk]

NEW QUESTION:
1. In one of the previous calls Mr. SKR sir mentioned about a stake in edgecase.ai(https://www.edgecase.ai/) and at the right time also plan to increase the stake. How are the things progressing in edgecase.ai.

Also medcase.health(https://www.medcase.health/about) is a transformed or application version of edgecase as we see KyleGiddens the CEO of edgecase also our Brad Cohen(President and Chief Strategic Officer of Brightcom) is the Chairman of Medcasehealth(https://www.linkedin.com/in/bradcohen/)

Is there any stake or relation of BCG with these two companies edgecase and medcase health.
If yes, can you please elaborate a bit with whatever you can ?

2. What is the progress on initiatives from Mr. Prasad Pisipati initiatives? There was some mention of IoT related initiatives happening any updates that you can share on that if you can sir?

[vsk]

@raj:
Due to the efforts and pain taken by our Admin we are at a point where we can now be more confident on our investment. We had healthy discussion and analysis by seniors and we are more united.

Just imagine the plight of the BCG investors(not traders) who did not have this forum. Atleast now we know more than we know as individual or small groups. This forum gave us more clarity but price manipulation is some other thing. We are asking better questions to SKR in the conf. calls.

Now that the fundamentals of BCG have changed for good and still uncertainity prevails in terms of CMP and valuations we need to make more use of our strength and raise our collective representation and voice and we definitely need this forum now more than ever before.

[vsk]

My question for the conf. call:

1. What is the reason for

Preferential Warrants

with such a

huge dilution all of a sudden

without any hint of it in previous Q’s ??

2. Many opine that there is a

deliberate price suppression all these years and purposeful poor corporate governance

all these years Is that true??

3. Please answer with hand on your heart is this Preferential warrants are

indirectly routed to Promoters later increased in holding %

??

4. Long term investors who share the pain with BCG and stuck with the company for so long will they get rewarded in terms of big

interim dividend after the LOC

comes to parent company ??

[vsk]

This is sheer negligence and not keeping up the promises yet again from the CEO.

We understand that external situations like LoC, Axis etc are not under BCG control

But what about the promised release of info regarding the distribution of SSP, DSP, and DMP etc in the adtech chain to the exchanges ???

Cant we use AGM effectively to voice our collective representation ?

[vsk]

I agree and I am also in Hyderabad so I also want to meet in person.
Is it possible we schedule a meeting?

Can we create a new thread on this forum for meeting our SKR in Person and see the audited files by E&Y etc., and clear the doubts?

[vsk]

Dear All,

Correct me if I am wrong I think last con call what was mentioned is to go to Korea finish the agreement and cheque to pay first part payment.

If LoC comes before then he said he is more inclined to pay in full to finish completely.

What benefit does SKR get out of lying especially if its BCG?? Did the stock price jump because of that lie ?

[vsk]

For sure, Kudos everyone!!! and how do we celebrate?

I will do that by letting know our friends and well wishers to invest

Also invite them to whatsapp and telegram groups

More power to you all, hold tight because it is just a start

[vsk]

Hi Friends!

As we have observed today on BSE huge volume of 1cr shares traded today

Can any experienced investors shed some light on it.

How to comprehend ?

Will it mean anything ? e.g. Oak exiting etc.,

Why would someone sell that many shares at this point as the company is transforming and giving out many investor presentations and many +ve news flows in the pipeline….

@Admin @Saul Goodman @Bullguru @ValueBuyer @Headstead and many other torch bearers of this strong community could you pls share your views ?

Once again a huge thankyou for all the efforts and time you all invested in shareing your views so far!!!

[vsk]

Next big thing is coming up in the following technologies:
https://paste.pics/930W5

I see Brightcom aligned its future technologies division to the ones listed ^

source: Disruptive technologies by Tony Seba

[vsk]

Also if anyone missed Pls check Blocal video on youtube!!!

Lets do our bit to spread the work and make the world known about Brightcom

Happy sharing!!!

[vsk]

Hi @tush2come, I remember SKR saying that growth is restricted due to the tight cash flow.

Probably once a LOC comes BCG can expand their business and grow at a higher pace. Correct me if I am wrong or misread that

[vsk]

Perfect @tanv151ji thankyou for a crystal clear questions.
I used your questionnarie and just now sent a mail to the Investor Relations of Brightcom.

[vsk]

Very good initiative lets do this.

[vsk]

Dear Friends,

Yes I agree with our friend that we need to put forth concrete questions in the conf. call.

I really appreciate our active participants Bullguruji, Shoumikji, Hiteshji, Satennaji etc., who discuss and keep this forum as a great resource for existing and new investors of BCG.

Can we all join a google hangout among ourselves (Idea being how to show of unity /strength among our retail shareholders)?

Build on our unity and exhibit the same to BCG management during the conference call so things can be even faster by the management?

Thanks,
vsk

[vsk]

After the PO, does Muskaan limited provide more access to GCC and what role does it or beneficiary Subrato Saha have then ?

[vsk]

January 06, 2020,
BSE Limited
P. J. Towers, Dalal Street, MUMBAI ~ 400 001. Scrip Code: 532368
National Stock Exchange of India Ltd. Exchange Plaza, Bandra Kurla Complex, Bandra East, Mumbai-400051.
Symbol: BCG
Dear Madam /Sir,
Sub: Update on the announcement about Preferential Issue.
This is in reference to the outcome of the Board Meeting approving the Postal Ballot Notice for Preferential allotment of Equity Shares issued to the Exchanges on December 20, 2019.
In light of requests from the shareholders to know the objects of the issue, we would like to inform that, the funds will be used in reduction of bank debt and to meet other financial obligations of the company at the standalone level.
This is also to inform the shareholders that, the Postal Ballot Notice that was supposed to be shared today will be sent in a few days.
Request you to take the same on record and oblige.
Yours faithfully,
for BRIGHTCOM GROUP LIMITED (formerly Lycos Internet Limited)
M. SURESH KUMAR REDDY CHAIRMAN & MANAGING DIRECTOR DIN: 00140515

[vsk]

“The details of the potential investors will be circulated to exchanges and shareholders for final approval before the said issuance.”

https://www.bseindia.com/corporates/anndet_new.aspx?newsid=81c7453b-14da-4216-a71e-4ad946864553

Where are the details, oh man this is crazy and not so minority holder friendly update 🙁

[vsk]

Enjoying the healthy discussions from fellow investor friends. Thankyou all! Lets keep up this good work and benefit collectively.

I have a question regarding this Apollo Lycos ecommerce venture, since Mr. Pisipati(President at Apollo Logi Solutions, http://www.apollologisolutions.com) joined Brightcom this year in April’19 and some question in the conf. call was raised about the contributions from him

Any opinion wrt this venture is it still active? Or due to Lycos Daum issue was it sidelined and hidden work in progress

[vsk]

My set of questions:

1. Daum settlement amount and expected date ?

2. How mcuh cash is in the books ? Will Daum settlement done via internal accruals ?

3. LOC when and how much, given the US subsidiary applied for bankruptcy is it still a possibility ?

4. Closed debts are from internal accruals or promoter funded ( will it add equity to promoter) ?

5. Affle reports 100% revenue growth Y-o-Y why BCG cannot grow fast?

6. Increase in promoter holding by release of pledge shares when ?

7. Axis loan closure amount(~11Cr) and date ?

8. When can we expect AI to start contributing to BS and topline ?

[Author]

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