good news rns :-)

oooops!

Having one infamous bear raider (Evil Knievel) on your case is bad enough, but to have another (Lucian Miers) spells mega trouble. Shares of AIM-listed Fitbug, already plagued by rumours of an imminent share placing at a discount to the prevailing market price, lost 2p or 14 per cent to 12.38p. Miers proclaimed the shares are ‘a sell for anyone lucky enough to own them before the recent heady rise and a short sell for those who are not’.

Fitbug soared from less than a penny to 26.5p in a flash after it announced that its app, called Kiqplan, will be available (for free) on Samsung’s Digital Health Platform.

But Miers points out that Fitbug has negative shareholders’ funds and survives on handouts from two non-executive directors: David Turner, who founded LA Fitness, and Allan Fisher, who founded Holmes Place. Its debts total around £7million and most was due for repayment in July this year, but this has been extended until mid-2015.

Messrs Turner and Fisher have indicated they might convert some debt into equity in the event of a placing, but any raise would surely have to be done well short of 17p.

http://communityuk.net/easyblog/entry/market-report-buyers-lining-up-for-sinclair-sale-as-shares-rise-12-to-three-year-highn

Watch this today.

good rns today

4p today.

lol - dont think winning the case was priced in hence smaller than expected drop

how can a company be so stupid as to allow itself to run out of time before going to court ..... obviously the case was going to get chucked out, and no doubt at considerable cost to FITB ..... i suppose they may have got some lawyer on no-win-no-fee, but even so

today's rns may well prove to be an important milestone for FITB, as the management chooses to suggest
certainly the market likes it, so perhaps i wasn't quite so dumb to put a modets stake into my sipp the other day

good stuff cynic - yes fantastic rns - the market is huge - jawbone have a massive customer base - some say 7 figures.................

Fitbug Holdings PLC
Kiqplan Promotional Programme with Jawbone
RNS Number : 4877D
Fitbug Holdings PLC
29 January 2015




Fitbug Holdings Plc / Epic: FITB.L / Index: AIM / Sector: Leisure



29 January 2015

FITBUG HOLDINGS PLC

FITBUG ANNOUNCES KIQPLAN PROMOTIONAL PROGRAMME WITH JAWBONE





Fitbug Holdings Plc, the AIM quoted provider of online personal health and wellbeing services, is pleased to announce that KiqplanTM, its digital health coaching platform, has become an inaugural member of the newly launched Jawbone® Marketplace. As part of the Marketplace, the Slim + Trim Kiqplan will be featured, which represents a strong milestone in line with Fitbug's previously announced strategy to increase its market profile as it moves to scale up the business.



Jawbone is a world-leader in consumer technology and wearable devices, building hardware products and software platforms powered by data science. The Jawbone Marketplace features best-in-class devices and apps spanning categories across Fitness, Sleep, Food, Lifestyle and the Smart Home, which work alongside the UP® platform. The Jawbone Marketplace brings together apps and devices that help further enhance the experience of the Jawbone community. Whether someone wants to use a smart home device to control home appliances via their UP activity tracker or send weight information directly to the UP App - all of these experiences and more can now be found in one place. Initially, the offering will be available in the US market only. The Jawbone Marketplace will offer the Slim + Trim Kiqplan, a weight loss programme priced at $19.99, and will also highlight the other plans available on kiqplan.com for U.S-based Jawbone consumers.



"With the launch of the Jawbone Marketplace, it's now easier than ever to explore the best integrated devices, apps and services for UP, including highly specialized personal training programs that work seamlessly with Smart Coach, the UP App's intelligent guidance and insight system," said Travis Bogard, vice president of product management and strategy at Jawbone. "We're excited to bring Kiqplan's effective guidance programs to the Marketplace and to help the UP community make progress toward the specific goals, like weight loss, that are important to them."



The Kiqplan system will work seamlessly with the UP App to integrate data across the two platforms for an even broader picture of a user's overall wellness. Food, steps, and workouts logged in Kiqplan will automatically be visible in the UP App and vice versa. Similarly, Kiqplan's step-by-step exercises, recommendations and recipes will be displayed in the UP App feed.



"From the outset, we designed Kiqplan to be as open and flexible as possible as due to our belief that the next step for the activity tracking market is to focus on helping people interpret and turn data into actions that improve lives," said Paul Landau, CEO of Fitbug. "In addition to having integrated Jawbone's range of UP wearable activity trackers with Kiqplan, we are delighted to now be working with Jawbone, a large and respected leader in the sector that shares our vision of bringing the digital health revolution to as many people as possible."



The integration highlights how companies in the digital health space are coming together as the eco-system continues to evolve by enhancing devices with advice and services that help people make better use of data.



**ENDS**



For further information visit www.kiqplan.com or www.fitbugholdings.com contact:



Paul Landau/Andrew Brummer





Fitbug Holdings Plc





020 7449 1000

Mark Percy/Catherine Leftley





Cantor Fitzgerald Europe





020 7894 7000

Claire Louise Noyce / William Lynne / Niall Pearson





Hybridan LLP, Broker





0203 713 4580/4582/4583

Elisabeth Cowell/Charlotte Heap





St Brides Media & Finance Ltd





020 7236 1177



Notes

About Fibtug®

Fitbug is a leading provider of online health and well-being services to help individuals to improve their lifestyles by making realistic changes to their daily routine. It combines activity tracking devices, which download to the Fitbug app and fitbug.com to provide an understanding of each user's daily activity achievements, with mobile and web technology which provides users with personalised weekly activity and nutrition targets, feedback, advice and encouragement.



Its "Kiqplan"TM digital health coaching platform is designed to make wearable technology relevant to new audiences and take the "so what?" out of activity tracking by providing structured action plans to help people get fitter, lighter and lead happier, healthier lives.



Key market sectors and distribution channels include retail, health insurance and rewards providers, workplace health programmes, fitness operators and consumers. An important part of the Company's focus is on building strategic partnerships with organisations which can integrate Fitbug or Kiqplan into their own service/product offerings or resell to their customer base. The Company has operations in the UK and United States. For more information, visit www.fitbug.com and www.kiqplan.com.









This information is provided by RNS
The company news service from the London Stock Exchange

END


MSCUKVKRVBAAURR

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Headlines

out of order

as the share price rise .... I bought the other day
whent?
believe anything but .........

cynic - 28 Jan 2015 09:30 - 38 of 40
how can a company be so stupid as to allow itself to run out of time before going to court ..... obviously the case was going to get chucked out, and no doubt at considerable cost to FITB ..... i suppose they may have got some lawyer on no-win-no-fee, but even so

cynic - 29 Jan 2015 10:32 - 39 of 40
today's rns may well prove to be an important milestone for FITB, as the management chooses to suggest
certainly the market likes it, so perhaps i wasn't quite so dumb to put a modets stake into my sipp the other day

yeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
onwards & upwards

mentor - sorry you have nothing better to do than to slag off
as it happens, i had already bought for my sipp at 6.39p at 16:26:11 on 26th

do you have any more damnfool aspersions you'ld like to cast?
perhaps and instead you'll concentrate on what you're good at constructively instead of being a total tosspot

how can a company be so stupid you must be talking about yourself... all said

Yo are on the record of doing that ..... when a share price rise " I bought yesterday, I bought the other day "

Tell the World why you do that, cos on the 28th, had many chances, instead of slagging off the company ( usual for you when you are NOT in )

mentor, tell him to fcuk of, I wouldnt believe a word he says.

Ive seen the true cynic over the last 24 hours, Fred was right all along.

Scheming little back stabber.

Kick him in the nuts.

hey ho .... i don't really care what either of you think or choose to believe ... your problem, not mine

Exciting times....

Fitbug's second half sales rose by 495% to £1.4m. The group said this reflected increased sales of the Fitbug Orb in the final quarter, particularly to Sainsbury's and Target. Sales in 2014 were 310% up on the previous year aty £2.34m.

The group expects the full year loss to be in line with management forecasts at £3.6m reflecting stronger second half sales offset by increased investment in Kiqplan development.

Chief executive Paul Landau said "This is a really exciting period of opportunity for Fitbug as we see accelerating growth and convergence across the wearable tech, mobile and digital health landscape. Our new Kiqplan service proposition has been incredibly well received in the market and we are extremely excited by its potential as awareness and understanding of it grows."

this one remains a slow burner, but looks to stand at least a reasonable chance of success (profitability) in due course

aye not a bad day - up then down - what happens next is critical imo - the rns states sales near + 500% sales last 6 mths which is good - but the sp is up more than that - however some clues in the rns for news next few weeks / mths especially april - more i researched the more i realised this is quite a congested market - fitb need to add another dimension that others dont and still be cheap - maybe the sw via subscripts might be the winner and partnerships with the likes of apple and samsung et cetera

probably something of nothing, but FITB has suddenly had a rush of blood to the head with 11m traded vs the average 3m and sp is up 2p = 45%

Fitbug has announced news of a fund raising.

The Group has raised £1,665,000 through a combination of the issue of new ordinary shares and the issue of a new Convertible Loan Note to NW1 Investments. A restructuring of all existing loans has also been agreed on favourable terms.
New funds raised will support the product enhancement and marketing and increase sales of the Company’s integrated wearable health technology offering, including Kiqplan and Fitbug Orb.

With plenty of other wearable solutions out there we still remain of the opinion that it’s hard to see how Fitbug can secure a meaningful (and profitable) position in this market, however it would be terrific if they can succeed.

See more at: http://www.investorschampion.com/blog/