To those of you who like me are in Bright Things hoping for the Bubble to be a great Christmas success. I thought my thoughts would be of interest. Due to the drop in the share price I went into Hamleys in Regent St yesterday and discovered that they had never heard of the game. This made me phone the company to complain that their product was not available in the world's best known toy shop. Executives were in a meeting so I thought what a waste of a phone call. Two hours later the MD phoned me back and assured that they now had a Hamleys order and their toy would be in within aweek. He did not pass on any unknown information but assured me they were flat out to make it a sucessful launch. I was much encouraged by his attitude and his interest in small shareholders.
Hope this helps.
Colin

Following your recent posts had a look at BGT last financials as at 31/03 /07 which show shareholders funds of 800k approx market cap is 8m approx sales last year 200k approx cash resources must be dwindling with admin expenses over 2m.

The Bubble burst with no sales last year. Tiger Woods has a lot to do to persuade me to invest in this outfit which has burnt so much capital to no avail. Please comment.

Yes alot of cash has gone to developing the Tiger Woods iDVD game. But how can you say to no avail? when the game has not even been released yet and even completion of the game has not been announced yet. The company will pocket 70% of revenues on any sales of that game. Ps. Mkt cap is 2million!

saw an advert on one of the MTv channels avout Tiger Woods Pro Golf 08 by EA Sports. Is this the game you guys are talking about? Release date was stated as 31st August 07. looked quite good

Even after couple of 50K sells, MMs still aggressively looking for stock by paying a big premium on the bid for stock.. I will be most surprised if any of the sellers get back in at a cheaper price before news comes. L2 is 2 v 2. Not seen MMs continously pay such a premium on the bid despite just sellers being around. I would expect news shortly!

Another good day and with more sellers out of the way. The market makers continued paying a 0.25 pence premium on the bid to sellers for the fourth trading day in a row. At close the MMs were offering 7 pence on the bid against the closing price of 6.75-7.50 pence. Buyers having to pay full price on offer and Level 2 closed the best it had been today at 2 v 2.

IMO some kind of good news is on its way which should send the share price rocketing. For the market makers to continue paying a 0.25p premium on the bid for four consecutive trading days, taking in a fair few sells and still not reducing sell limits and keeping buy limits low. At the same time, not letting any sellers get back in at a lower price. These are good signs especially when we are close to getting another massive positive signal by breaking the 200 day moving average at 7.50 pence!

WOW!!

Just topped up with 25,000 shares at 7.16 pence. That's all I could buy online.

6.50-7.50 pence, Level 2 is 4 v 4.

Just bought another 24,602 shares at 7.38 pence.

6.75-7.50 pence, L2 is 1 v 3.

After both my buys the price ticked back up. The market makers were again for the fifth trading day in a row bidding aggressively for stock. Online buy quantities also severely reduced. IMO news on the Tiger Woods game completion shouldn't be too far away. The price has got like a coiled spring ready for the next set of big rises IMO.

Just had a quick scan through all the RNS's last year and the company is always keen it seems to release news on Thursday's and Friday's. News twice on licensing agreements has been announced on a friday afternoon. With the way the MMs have behaved for six trading rows in a row, I have my fingers crossed for news tomorrow afternoon. The company did state in the finals last month that the Tiger Woods iDVD game would be completed within the month of August! Last day of August tomorrow!!!

Good buying volume even with the severe restriction on the online buying limits throughout most of the day. The price has crossed the 200 day moving average which is a massive positive signal especially with news on the hortizon. Despite the offer not moving to 8.25 pence, MMs did charge someone 8.25 pence for around 16,000 shares. If they up open the buy limits next week then I would expect even stronger interest and buying. AGM is also not too far on 12th September. One of the MMs was still bidding for stock very aggressively at close by offering 7.60 pence on the mid against the indicative screen bid of 7.25 pence. The 100,000 trade reported at 7.50 pence at 16:31hrs looks like a buy. A 100K buy order filled at the end of the day at 7.50 pence from this morning when it was 7.50 pence to buy. Hence, possible reason why the online buy limit was severely restricted to just 5,000 shares until very late this afternoon and why the MMs continued to offer well over the indicative bid for stock. IMO the price could break 10 pence even before news comes.
Breakout!!!
Price breaking the 200 day moving average today - big positive signal!

Daily Express Newspaper Today, City & Business Section.
Rehashed gossip of an imminent deal lifted interactive entertainment company Bright Things 0.63p to 7.62p.

The snippet in the Express today will put BGT on even more radars before news comes. Most welcomed and espcially with just around 2 million free float - means bigger rises. Good timing for that snippet to appear too!
Three times Express has mentioned about an imminent deal now since end of July. They've used the word imminent deal all the time as well. We're just expecting the Tiger Woods iDVD game completion announcement but surely some kind of deal announcement must be forthcoming. Express have been on about it since mid-July. News is also well overdue on the ASIC chip. The last real news on that was in the trading statement annnouncement at the end of January. I think we will get the Tiger Woods completion game announcement plus some kind of deal announcement to do with the ASIC chip.

IMO shake before news comes. Too obvious and had too many buys at 7.50-8.00 pence over the last couple of trading days. Level 2 is 2 v 2 and finally opened up the buy limits. Had a complete block on friday with online buy limit of just 5,000 shares!

One of the MMs still bidding aggressively for stock at 7.225 pence against the indicative screen bid of 7.00 pence. The price may have been stuck at this level due to a large buy order being filled.

Here we go, a very large BUY for 250,000 shares filled at 7.50 pence. Reason why the price was stuck at this level. 7.25-7.50 pence. L2 is 1 v 2 now.

L2 is still 1 v 2. Maybe see more larger T buys towards close. I'm sure that 100K at 7.50 pence on Friday was also a buy filled during the day. IMO it seems someone put a massive large buy in at 7.50 pence and hence the price has been stuck at this level and the market makers have been bidding very aggressively for stock. And to back that up, WINS are offering 7.436 pence on the bid for stock. Still bidding very aggressively for stock.

50,000 buy has come through at a premium of 7.75 pence.

Nice close IMO. A nice 250,000 BUY filled and a 50K buy came through at a premium of 7.75 pence. WINS continued bidding aggressively for stock by offering 7.436 pence on the bid at close. Cannot buy any shares at all at 7.50 pence. Tomorrow should be a blue day and it is very possible that further large buy orders are in the pipeline.

38,363 buy has come through at a premium at 7.75 pence. Again backs my theory that there is another large buy being filled at 7.50 pence after the 250K buy at that price yesterday.