With video search set to be the next big growth area BLNX have the software the likes of Microsoft, Google and NewsCorp would love to have.

In fact BLNX have done deals with most of these, the most recent being the UtargetFox deal which has been reported in the USA but not RNS'd in the UK.

Alexa rankings confirm the continued growth in usage as its viral effect spreads:-

http://www.alexa.com/data/details/traffic_details/blinkx.com

The ITN RNS confirms blnx is the best in the market and is growing fast:-

Leading News Organization ITN Extends Advertising Deal with blinkx Based on Proven Campaign Success




blinkx Selected to Power Advertising across ITN Website and Syndication Partner Sites




SAN FRANCISCO, CALIF. - July 2, 2008 - blinkx, the world's largest and most advanced video search engine, today announced that it has won an extension contract that will augment the scope of its advertising partnership with ITN, one of the world's leading news and multimedia content companies. Under the terms of the new agreement, ITN will use AdHoc, blinkx's patented contextual advertising platform for online TV and video, to serve advertisements on the ITN website and its syndication partner sites, including Bebo.




Through AdHoc, ITN has already been effectively monetizing its premium news content on the blinkx.com network for over six months. During this time, ITN achieved a significantly better return, greater search volume, and higher monetization through blinkx than through other syndication partners.




AdHoc uses blinkx's patented speech-to-text transcription and visual analysis technology to understand video content more thoroughly and effectively than any other service today, and can therefore dynamically place the most pertinent advertising against it. The AdHoc platform offers media companies and advertisers a unique value proposition -- video advertising which combines the emotive power of TV promotion, with the relevance and utility of contextual search advertising.




The confluence of ITN's premium TV content, blinkx's extensive syndication network, and AdHoc's uniquely powerful targeting capabilities was a formula for success. By extending its partnership with blinkx, ITN aims to achieve similar returns by leveraging the AdHoc platform to deliver contextually relevant video advertising on its own website and across its distribution partner sites.




'We're thrilled to be broadening our relationship with ITN,' said Suranga Chandratillake, founder and CEO of blinkx. 'News content is one of the most popular categories of online video and there's clearly a tremendous opportunity for monetization. The success of our partnership with ITN is evidence that the blinkx AdHoc platform is a uniquely powerful solution for online video advertising today.'




'We've been delighted with the results of our partnership with blinkx and are looking forward to implementing the AdHoc technology on our site,' said Nicholas Wheeler, managing director, ITN On. 'blinkx AdHoc has proven that it can achieve significant monetization of our content, effective marketing for advertisers and, most importantly, a useful, non-disruptive experience for our audience.'




As a pioneer in video search technology, blinkx has built a reputation as the most effective way to search new forms of online content such as video. With more than 350 partners and 26 million hours of indexed video and audio content, including favorite TV moments, news clips, short documentaries, music videos, video blogs and more, blinkx uses advanced speech recognition technology to deliver results that are more accurate and reliable than standard metadata-based keyword searches.

Haystack…” Do you want to make a prediction for Monday's close?”… yes a do….

I would like to predict that Monday’s close is far closer to 126p…than the 4p you continually posted on every BB in the world….calling yourself haystacks, big stacks, small stacks, chimney stacks, silly stacks, strawman, Worzel Gummidge and Zipless!

I have another one for you……….potless! if you follow your own advice.

Added today

Added to short or long?

Took profits on the long I'd been building since Jan/Feb and reversed to short last week.

Kerching.

A story I heard that should inspire everyone to reach for their dreams.

"Many years ago I came a close 2nd in the Miss Brazil 1949 competition. Later that year I emigrated and was beset by a long period of bad luck.

I suffered years of drug and alcohol abuse and a series of eating disorders. I lost a leg and needed facial reconstruction surgery after a road traffic accident. Later, I suffered 90% burns in an unprovoked acid attack. Several of my teeth were knocked out and an eye gouged in a bitch fight outside a Chicken Cottage. The stress caused severe hair loss and facial warts. But I never stopped believing.

And then finally last week I was crowned Miss Gillingham 2013."

I see Elephant Man is at it again…that trunk of his does more damage than a Middle East head of state…he has cost £AM a great deal of money….he is a liability that you “Bullshare” seem to think is OK……….OK I can laugh..bye, bye

For serious investors and not two bit ugly traders…

3. Full name of person(s) subject BlackRock, Inc.
to the
notification obligation: (iii)

Number Number Number Number of voting % of voting rights
of of of rights (x)
Shares Voting shares
Rights
------------- ---------------- -------------------- --------- ----------------------- -----------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
------------- ----- ------- ------ ------ ---- --------- ---------- ----------- ------------- --------------
GB00B1WBW239 39,575,481 39,575,481 N/A N/A 60,506,776 N/A 16.55%

The world's largest asset manager blackrock now own 16% of blinkx…extreme confidence by those in the know… BlackRock Inc 16.00% FMR LLC 9.90% and
Oppenheimer Funds Inc just increased to 5.19% …

BLNX are now safe from a low ball bid….several years = £20 imo

And as for Gausie's "joke", on a scale of 0 to 10, where there are no 0's and no 10's , I'd give it a 1.

cage and rattled spring to mind.

Since we are in the Middle East… The Straw man that broke the Elephant man’s back... cage and rattled springs to mind?.. lol Ugly is short @ 112p and the Straw man has a valuation of 3p

Oh dear?

Those guys love talking in riddles ! I can never figure out what they are on about !

We have the AGM this morning…no rns so I guess the question about the remainder of autonomy/HP shares will be asked at the meeting….big guns snapping up all stock in an hour!...it looks like Goldman Sachs hold the rest?

I see Elephants short and Strawman’s 3P is the wrong call yet again… nice cup and handle forming…I think poor old Elephants Mum will need to call into the Building Society yet again.. while on her way to get his weekly supply of “Obagi”

For all the genuine investors here…fingers crossed for a t/u and loads of good news….see you later guys…and not forgetting the girls of course…

Haystack....what price are we?....remind me?

And soon to be down again.

Reported by two investors that attended the AGM….
"Today's AGM went well and at "top table" were M Opzoomer (chair), Brian, Suranga and Ed Reginelli (FD)

After the formal part of the meeting had been concluded and all resolutions passed by a poll of those shareholders present, Brian gave his overview of last year's performance. He began with an overview of Blnx's market. Currently Blnx have 40+ agencies, 900+ content partners, 1000 brands and 3000 publishers. The company operates in the US and UK and has 235 employees split into 157 sales and marketing, 62 R&D and 36 admin. Despite rocketing revenue and cash generation the company reduced headcount by 20. There is, therefore, a good grip on costs

At present 95% of video ad dollars is still spent on TV. However, online video is 51% of consumer internet traffic and this is expected to grow to 55%. By 2016 1.2 million minutes of video - or 833 days - will traverse the internet every second. 45% of the world's population is expected to be internet connected by 2016. Currently $3bn of online video ad spend against $65bn TV ad spend. This rapidly growing market is ripe for disruption.

The internet market has not yet got mobile video advertising right as the tendency is still to try to cram PC type video ads onto mobile screens. There is still therefore a way to go before this product comes right.

Blnx has tripled its sales force and publishers as a result of the acquisitions and now run with major web publishers (AOL), Aggregators (Rubicon), Agencies (WPP) and Advertisers ( P, Nestle, Disney). Brian stressed that these are all non-exclusive relationships therefore no guarantees have been given. All relationships are revenue sharing. With the newer automated platforms the dollar spend may be reduced but the volumes are much expanded. Brian emphasised numerous times the critical importance of the fact that Blnx only runs with professional content. $60m has been spent customising CORE and several patents have been applied for.
Overall Brian was upbeat, excited and referred several times to BLNX being in the crosshairs of this video revolution.

The FD then talked us through various stats and figures. 568 billion ad opportunities were presented last year of which BLNX achieved a 13% conversion. The previous year the numbers were 460 billion with a 9% conversion. 78% of revenue came via Premium content. Pricing trends are trending upwards on Premium content. R&D spend is increasing due to work being undertaken on both mobile and big data. There is a team working on mobile which is the fastest growing segment but of course BLNX have no control over the content\suitability of the advertising for mobile (see above). Blnx see their main competitors for premium content as being Netcom, Hulu, ITV,VEVO, CBS and 4.

Although the charts the FD showed illustrated a cash pile of $55.9 on more than one occasion (unless my ears deceived me - which could be the case) referred to cash of $66m.

Brian then touched on the HP share sale and takes the view that, although HP very much left them alone and, indeed, they have a good working relationship with them, when HP advised them of their intention to sell, Blnx took the view that they would rather have their percentage holding sitting with active supporters. Better this than having a large percentage of the company's issued share capital sitting in a business that sees Blnx as a non-core asset.

Suranga then addressed the meeting. His role now is shepherding the various parts of the business internally and that their is specific focus on mobile. Tablet is not challenging but mobile devices are. It is a compelling medium for advertisers, and BLNX would not be averse to a mobile acquisition at the right price (this last bit was Brian). With regard to big data, basically sites and services used by consumers have grown dramatically in the last few years therefore data on individuals is coming into Blnx from numerous sources and the challenge is to pull all this data together to build as deep a profile of individuals as they can. This database can then be used for personal profiling. Suranga sees big data as the next big thing and that automatic partnering (whatever that might be!) could be super disruptive.

Blnx are very happy that Blackrock have increased their stake and see it as a major vote of confidence by a long time supporter. Blnx see no reason to sell the business and see long term major holders as the best bulwark against approaches or that any approach would need to be at the right price.

Brian commented that the difference between US and UK investors is very noticeable in that in the US it is very much Go Go Go for acquisitions and revenue whereas in the UK the approach is much more conservative. Brian's expressed view is that it behoves the management team to build a solid base for the future. In that regard he would not rule out acquisitions when the sort of pivot as presented by Burst and PVMG present themselves.

In the Q&A the following came out or were points made :-

The cash pile is being used for internal re-investment.
Quarterly reporting is now being used internally but no intention to report quarterly to the market.
No short term plans to quit AIM.
I made the point that the shareholder's list needs to be kept up to date. Edward Bridges mentioned to me afterwards that there has actually been no formal notification received yet from HP on their disposal.
Aurasma, YouView and IPlayer Blnx are still involved with. They don't generate much revenue but it remains important still to have an involvement.
So far as connected TV is concerned the take up is slow but, again, SC would rather have an involvement than not.

Overall a good and positive day."

http://www.gs.com/research/disclosure/Charts/B/2013/BLNX@L_RT3_20130711.png

As I said above, BLNX has low grade online advertising traffic compared to Facebook, Youtube and user based systems. The trend is away from systems with little or no demographics to high quality qualified traffic with access to previous behaviour and preferences.

so Hays, as you are so sure this is a bag of shit, do you have a short position?

Strawnan….i have long since realized it is impossible to have a conversation with you…so I can now add illiteracy as another one of your many talents?...let the SP and the money decide who is correct....

I have spent many hours laughing at your serious posts…and long will it continue…lol

No short. I never have shorted any stocks. Not 'a bag of shit' yet.

really? .... that's strange by the way you keep deriding the stock ..... i'm truly amazed that, under the circumstances, you don't see this as an easy-peasy way of making several shillings, with a sensible stop in place just in case