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/

how charts lie :-)



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now look at the longer term chart



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i accidentally bought some for my sipp a couple of years back - meant to buy Fitbit - and they are worth virtually nothing
however, they show today as +335% (now +490%) so my holding is still worth bugger all :-)

Lol! :o)

Suspended pending announcement .

i assumed sp boost was because of this morning's rns .....

wellness technology provider for corporate organisations, today announces a customer win with a global financial services group in Asia. The customer will use Fitbug's digital wellness services to help maximise employee performance, with the end goals of improving employee engagement, and reducing absenteeism and risk of chronic illness.

Fitbug has secured an initial 1-year corporate wellness programme, which includes ongoing service revenue, together with an order for 14,000 devices. The devices were shipped in December and the programme is rolling out early this year. The client wishes to remain anonymous at this time.


but seemingly not

sure was heavy traffic prior to suspension ..... 1,140,815,082 !!!

Cynic, is your name Ciaran? I think I know you.

not since i was born :-)