This one may be getting ready for a ride up.
Accumulation-basing,months of .30 to.40
Bullish Engulfing candle on June 1st, doji on May 31st
IMHO
I'm in @ .39
:o
Profile Get Profile for:
Nile House
Nile Street
Brighton, BNI 1HW
Phone: 44 12 7382 9700
Fax: 44 12 7382 9702
Web Site: http://www.futuremedia.co.uk
DETAILS
Index Membership: N/A
Sector: Technology
Industry: Multimedia & Graphics Software
Full Time Employees: NaN
BUSINESS SUMMARY
Futuremedia Public Limited Company provides e-Learning solutions to corporate clients and public sector organizations primarily in the United Kingdom. It primarily offers learning consultancy services that include technical and practical services to help clients establish their training needs and solutions; customer designed content products to meet a customer's individual e-learning needs; and Learning Management Systems that include various elements, such as license for Activna, hosting services, set up charges, integration and support services, and content. The company also provides blended learning solutions that combine elements of e-Learning, together with physical classroom or workbook based training. In addition, Futuremedia engages in the development and delivery of fully managed, outsourced employee benefit programs for large organizations, including products and services falling under the U.K. government's Home Computing Initiative, childcare voucher system, and tax-free bicycle programs. Futuremedia was established in 1982 and is headquartered in Brighton, the United Kingdom.
The action is starting to heat up.
I was about to have my second thoughts. ;D
http://stockcharts.com/def/servlet/SC.web?c=FMDAY
This one I bought and held.
She is up this morning in pre-market.....14.63% ;)
This may be the day for this to rock out of it's slump
So be careful I guess.
Good Luck
+31% at 10:20 must have liked earnings ;D
They must have liked something Aussie.
I bought into this 02 June, and thought I would just hold, thinking may be something
good would become of it .I like the move this morning.
It had been basing for months in that 0.30 to 0.40 range. LOL :D
Something big is brewing.
A small move.....nobody like to use the search before starting a new thread.
I like it , I have been setting on this one like a chicken on a egg!!
Ineteresting Speculative play. Great accumulation since April
a little move .....will help hatch this egg.... :D
I think she is becoming ready to rock n roll,technicals are becoming
truly great since 04 April. 8)
;)
yea setravis yea! (applaud) 8) :o
Oh yes ,make me happy. :P
Kick out that 200 day ema.
Looking better today.
I told you guys when I bought this one i was setting on it like it was a golden egg.
I think when this starts to really move it is headed over the 1.00 level.IMHO.
It's going to take out the 200-day MA this time around.Now don't make an ass out of me. ;D
Press Release Source: Futuremedia plc
Futuremedia Announces Agreement with EADS Astrium Ltd To Provide Home Computers, Bicycles, and Childcare Vouchers Benefits
Wednesday August 10, 10:00 am ET
BRIGHTON, England, Aug. 10 /PRNewswire-FirstCall/ -- Futuremedia plc (Nasdaq: FMDAY - News), a leading European e-learning and managed benefits services provider, today announced an agreement with EADS Astrium Ltd to provide an employee benefits package of home computers, bicycles and childcare vouchers to all eligible employees under the UK Government's tax-friendly benefits initiative scheme.
EADS Astrium is a global leader in aerospace, defense and related services. While there are no guarantees regarding actual take-up rates, based on a 10 percent take-up rate this agreement would represent approximately GBP 285,000 in revenues to Futuremedia over the first phase of the contract. A second phase will launch in 2006.
"I am delighted to announce the signing of the contract with EADS Astrium, a leading employer in the United Kingdom aerospace industry," said Leonard M. Fertig, Chief Executive Officer of Futuremedia plc. "Futuremedia custom designed the employee benefits package 'Space for Choice' specifically to meet the needs of the workforce. We look forward to working with EADS Astrium to develop enhanced benefits schemes and other products for the future."
Allie Neal, Space for Choice Project Manager, added, "Our people combine enthusiasm for space technology with an ambition to make the business succeed, an invaluable ethic in today's highly competitive world. A tailored benefits package makes a significant contribution to employee satisfaction, and we are pleased with the initial take-up of the Space for Choice scheme."
About EADS
EADS is a global leader in aerospace, defense and related services. EADS Astrium is a world leader in space applications, specializing in the design and manufacture of satellites, with business activities covering civil and military telecommunications and Earth observation, science and navigation programs, together with the whole range of space equipment and associated ground infrastructure.
In all these fields, EADS Astrium has an impressive track record:
-- A world leader in Earth observation satellites
-- Prime contractor for over 60 communications satellites
-- A key player in the European satellite navigation system Galileo
-- A major provider of military space systems
-- The European leader in scientific programs
-- A world-class supplier of space vehicle equipment and subsystems for
the global space industry
About Futuremedia:
Futuremedia plc is a leading provider of next-generation, value-driven e-learning content and services to public and private sector organizations. Backed by two decades of experience, the Company's content and services offerings include learning consultancy, Learning Management Systems, custom made learning programs and an extensive library of published courseware titles. The Company is also recognized as a pioneer and leader in the development and delivery of a range of fully managed, outsourced employee benefit programs for large organizations, including products and services falling under the UK's Home Computing Initiative (HCI), childcare voucher system and tax-free bicycle programs.
Futuremedia PLC Earnings Conference Call (Q1 2006)
Scheduled to start Wed, Sep 7, 2005, 10:00 am Eastern
Nice morning..volume up...price up...
looks good today for a buy opp.. ill try to pick some up in the morn...got a good buy in spot ?
Nice volume in this one has it going to the upside
Pre-market .....action
FUTUREMEDIA PLC AD (NasdaqSC:FMDAY) Delayed quote data
Pre-Market (RT-ECN): 0.51 0.04 (8.51%)
Last Trade: 0.47
Trade Time: Dec 7
Change: 0.00 (0.00%)
Prev Close: 0.47
Open: N/A
Bid: 0.50 x 5000
Ask: 0.50 x 7000
1y Target Est: N/A
Day's Range: N/A - N/A
52wk Range: 0.34 - 1.14
Volume: 296,099
Avg Vol (3m): 743,723
Market Cap: N/A
P/E (ttm): N/A
EPS (ttm): N/A
Div & Yield: N/A (N/A)
[audio] Futuremedia PLC Earnings Conference Call (live today at 10:00 am ET)
• Futuremedia Announces Second Quarter Results for Fiscal 2006
PR Newswire (Thu 8:00am)
• Q2 2006 Futuremedia PLC Earnings Release - 03:00 am ET
CCBN (Thu 7:07am)
News Link: http://finance.yahoo.com/q/h?s=FMDAY
FMDAY: Announces $10M PIPE w/Cornell: Conv Loan + Warrants
Tuesday , December 20, 2005 09:42 ET
Futuremedia plc (NasdaqSC: FMDAY) announced that Cornell Capital Partners, LP has agreed to provide up to $10 million of growth capital to the Company. The financing will be provided in two tranches, $2.5 million provided currently, and $7.5 million subject to certain conditions. The $2.5 million investment was made via a private placement in the form of a loan that is convertible into Ordinary Shares of the Company. In connection with the investment, the Company issued to Cornell 187,500 Ordinary Shares at nominal value and warrants to purchase an additional 250,000 Ordinary Shares with an exercise price of $0.70 per share. Cornell also received a commitment fee of $187,500.
&
Futuremedia Selected As Preferred Supplier to Provide HCI Benefits by London Connects Consortium
Thursday , December 22, 2005 12:58 ET
BRIGHTON and LONDON, England, Dec 22, 2005 /PRNewswire-FirstCall via COMTEX/ -- Futuremedia plc (Nasdaq: FMDAY), a leading European learning and managed benefits services provider, today announced that it has been selected by London Connects as Preferred Supplier for HCI benefits as part of a consortium led by Bull Information Systems.
London Connects was jointly established by the Association of London Government and the Greater London Authority. They are keen to promote digital inclusion among public sector employees in London and has appointed Bull Information Systems as prime contractor on the project, and Futuremedia plc as the recommended provider to 32 London Boroughs with a total employee population of approximately 250,000. While the final decision to launch an HCI managed benefits program will be made by each individual borough, this task has been made easier for them by the aggregated procurement process and subsequent economies of scale. It is expected that the first group will launch within the next three months and a rollout will follow over the course of the next twelve months.
The procurement process was managed on behalf of London Connects' members by Citizens Online the leading Digital Inclusion Charity.
Leonard M. Fertig, CEO of Futuremedia commented on the selection, "Futuremedia is pleased to be working with Bull Information Systems in managing the HCI benefit program for London's public sector employees. This is an important responsibility and reflects the quality of Futuremedia's service proposition and our proven ability to handle managed benefits for large organizations. As this may be one of our largest Managed Benefits responsibilities, the Boroughs will have the benefit of the experience and systems that Futuremedia has developed in the two years since launching the UK's largest HCI program to date with Royal Mail Group plc. We look forward to serving the London Boroughs and their employees with the highest quality services."
Wolf Pattern ??:
http://www.3stocksonfire.org/trading/index.php?topic=3732.msg39585#msg39585
TA Link:
http://www.stockta.com/cgi-bin/analysis.pl?symb=FMDAY&num1=7&cobrand=&mode=stock
updated chart:
Press Release Source: Futuremedia plc
Futuremedia To Launch New Managed Benefits Service
Thursday April 13, 8:08 am ET
Targeted at 4,000+ Businesses employing 15 Million UK Employees
BRIGHTON, England, April 13 /PRNewswire-FirstCall/ -- Futuremedia plc (NasdaqCM: FMDAY), a leading European e-learning and managed benefits services provider, today announced a new managed benefits service that will help both employers and the general population of the UK to compete globally in the 21st century. The new product will be unveiled at the Northern Employee Benefits conference scheduled later this month.
On March 22, 2006, Chancellor Gordon Brown announced, as part of his budget, the abolition of the tax exemption on the provision of computer equipment for private use by employers, known as the Home Computing Initiative (HCI), with effect from April 6, 2006. Employers and their employees who signed up for HCI benefits prior to April 6 remain eligible for these benefits until the end of their 3-year programs. Futuremedia continues to provide services to its clients and more than 40,000 employee-subscribing households without interruption.
This announcement of the abrupt end of this successful and rapidly growing employee benefit came as a complete surprise to British industry. As a result of extensive lobbying by industry leaders, including Futuremedia, alongside the Department of Trade and Industry, Confederation of British Industries (CBI) and the Trades Union Congress (TUC), the government has begun consultations to consider a revised plan. However, it is not known when or if such a decision will be announced.
Today, Futuremedia is announcing its plans to launch a new managed benefits product at the Northern Employee Benefits Conference and Exhibition on April 26. The new service, while not incorporating tax exemptions among the benefits, will provide the opportunity for employers to offer their employees and their families home-based education and digital access for work, school and life enhancement. It is targeted at the 4,000 companies who have offered HCI in the past two years, as well as those whose plans to do so were cut short by the change in tax regulations.
"Futuremedia is again taking a leadership position in managed benefits," said Leonard M. Fertig, Chief Executive Officer of Futuremedia plc. "In 2003 Futuremedia launched the first large-scale HCI benefits program on behalf of The Royal Mail and gave birth to an industry. Now we are drawing upon our 23-year history as a provider of learning through technology in the United Kingdom to offer employers an opportunity to provide their employees with a very high value family benefit. Futuremedia is pleased to continue providing content and services that enhance the capabilities of employees and their families at work, at school, and at home. While the ultimate size of this new benefits program cannot be estimated at this time, the predecessor HCI grew from concept to being offered to five million UK employees in a little over two years."
About Futuremedia:
Futuremedia is a leading provider of next-generation, value-driven e-learning content and services to public and private sector organizations. Backed by two decades of experience, the Company's content and services offerings include learning consultancy, Learning Management Systems, custom made learning programs and an extensive library of published courseware titles. The Company is also recognized as a pioneer and leader in the development and delivery of a range of fully managed, outsourced employee benefit programs for large organizations, including products and services falling under the UK's Home Computing Initiative (HCI), childcare voucher system and tax-free bicycle programs.
"Safe Harbor" Statement under Section 21E of the Securities Exchange Act of 1934: This press release contains forward-looking statements related to future results and speaks only of Futuremedia's expectations as of the date hereof. Such statements include expectations regarding the expected benefits from new products, the Company's future financial performance and the future performance of the Company's products. Such statements involve known and unknown risks and uncertainties that may cause actual results to differ materially from expectations. The risks and uncertainties include risks associated with new risks associated with the Company's ability to develop and successfully market new services and products such as the new managed benefits service discussed in this release (including the risk that such products may not be accepted in the market), the Company's ability to operate profitably in the future, risks associated with rapid growth, the Company's ability to successfully develop its business in new geographic markets, the early stage of the e-learning market, rapid technological change and competition, and other factors detailed in the Company's filings with the US Securities and Exchange Commission. The Company expressly disclaims any obligation to release publicly any updates or revisions to any such statement to reflect any change in expectations or in information on which any such statement is based. All product names and trademarks mentioned herein are trademarks of Futuremedia or their respective owners.
--------------------------------------------------------------------------------
Source: Futuremedia plc
FMDAY Is On The Rise Again!
This stock has been weak in the past 6 months. Now it shows signs that its time to blossom once again, According to the most active list.
Volume: 69,455,881............. ;D
Avg Vol (3m): 3,810,780
Technicals
Record Volume
Close Above the 50-day EMA
Most Actives
Percentage Gainer
Last Price Quote is:
38.57%above 13-day EMA
32.46%above 50-day EMA
RS Rating: 11
keep an eye on FMDAY today. Partially retraced its move from .17 to .40
and has built a floor at .25 here. Volume picked up near a support,
suggesting it might make a move.
Press Release Source: Futuremedia plc
Futuremedia Provides Safety Critical Training for Virgin Atlantic Airways
Monday October 16, 9:00 am ET
- Nominated for multiple industry awards -
BRIGHTON, England, Oct. 16 /PRNewswire-FirstCall/ -- Futuremedia plc (Nasdaq: FMDAY - News), a leading learning and communications company, today announced that its subsidiary, ebc, has completed a custom e-learning project on behalf of Virgin Atlantic Airways for the purpose of training new cabin crew recruits. The course has been nominated for both the UK's e-Learning Age Awards in the category "Most Tangible Project ROI" and for the World of Learning Awards in the category "Bespoke Solution of the Year."
Following an extensive submission process, ebc was selected to provide an online learning course covering Safety and Equipment Procedures (SEP) to Virgin Atlantic's new cabin crew. Although Virgin initially planned to launch the course gradually, feedback during testing was so positive that it was launched in full upon completion. The course represents a groundbreaking use of e-learning in Virgin Atlantic's safety critical environment and includes a specially constructed tracking database to allow monitoring of an individual learner's progress. Overall, the project has brought significant reduction in training time and costs dramatically improving the comprehension of historically difficult subjects among new recruits and allowing instructors to focus on practical training. Initially expected to achieve ROI in two years; the projects' unprecedented success means that this figure has since been reduced to just one year.
Pauline Reeb, e-Learning Manager at Virgin Atlantic said, "The Cabin Safety Training e-learning has met all our objectives and exceeded our expectations in relation to the return on investment. I am therefore delighted that the combined efforts of the Virgin Atlantic and ebc team, in developing this significant piece of e-learning, have been nominated by the awarding bodies."
The e-Learning Age Awards take place in London on November 9 and recognize excellence within the e-learning industry. The World of Learning Awards, sponsored by learning Magazine, take place on November 14 and recognize and reward excellence in the training industry.
About Futuremedia:
The Futuremedia group of companies is comprised of Futuremedia plc, Open Training, ebc and Button. The Futuremedia group is a learning and communications company providing online education, e-marketing and communications services to public and private sector organizations. Backed by two decades of experience, the company's content and services offerings include learning consultancy, learning management systems, custom made learning programs and an extensive library of published courseware titles. Futuremedia is also recognized as a pioneer and leader in the development and delivery of a range of fully managed, outsourced employee benefit programs for large organizations. In addition, Button has 35 years of experience in providing brand communications services to large international organizations. For more information, visit www.futuremedia.co.uk.
About Virgin Atlantic Airways:
Since it was founded in 1984, Virgin Atlantic Airways has become Britain's second largest carrier serving the world's major cities. Now based at both London's Gatwick and Heathrow airports, it operates long haul services to twenty seven destinations world-wide as far apart as Las Vegas and Shanghai.
Virgin Atlantic has enjoyed huge popularity, winning top business, consumer and trade awards from around the world. The airline has pioneered a range of innovations setting new standards of service, which its competitors have subsequently sought to follow. Despite Virgin Atlantic's growth the service still remains customer driven with an emphasis on value for money, quality, fun and innovation.
Virgin Atlantic currently has a fleet of 34 aircraft which includes thirteen 747-400s, five A340-300s and sixteen A340-600s.
"Safe Harbor" Statement under Section 21E of the Securities Exchange Act of 1934: This press release contains forward-looking statements related to future results and speaks only of Futuremedia's expectations as of the date hereof. Such statements include expectations regarding: the expected benefits from new sales, contracts or products; the expected benefits and success of operations in new markets; the expected benefits of expanding the sales operations of group companies into new geographical markets; the expected benefits of acquisitions; the expected benefits of financing arrangements; and the Company's future financial condition and performance. Such statements involve known and unknown risks and uncertainties that may cause actual results to differ materially from expectations. The risks and uncertainties include: risks associated with the Company's ability to develop and successfully market new services and products (including the risk that such products may not be accepted in the market), risks relating to operations in new markets (including the risk that such operations may not deliver anticipated revenue or profits); risks associated with acquisitions (including the risk that such acquisitions may not deliver the benefits expected by management and risks associated with integration of acquisitions generally); risks that financing arrangements could result in substantial dilution to shareholders because of subscription prices below the current market value of the Company's ADSs or other factors; risks relating to the Company's ability to operate profitably in the future; risks associated with rapid growth; the Company's ability to successfully develop its business in new geographic markets; the early stage of the e-learning market; rapid technological change and competition; and other factors detailed in the Company's filings with the US Securities and Exchange Commission. The Company expressly disclaims any obligation to release publicly any updates or revisions to any such statement to reflect any change in expectations or in information on which any such statement is based. All product names and trademarks mentioned herein are trademarks of Futuremedia or their respective owners.
--------------------------------------------------------------------------------
Source: Futuremedia plc
AP
Volume Spikes: LMRA FMDAY OPEN SUMT
Monday October 16, 2:39 pm ET
Lumera Corp. Successfully Tests New Product, Sending Shares Into Heavy Volume
NEW YORK (AP) -- The following companies were showing unusually heavy volume in trading Monday on the Nasdaq around 2 p.m. Higher-than-normal volume can indicate increased activity by institutions such as mutual funds and insurance companies. Upward stock movement on such volume can show increased confidence among investors, while selling can signal further downward pressure on a stock.
Shares of Lumera Corp. surged on extraordinary volume after the nanotechnology company announced a successful test of its millimeter wave wireless bridge.
The Bothell, Wash.-based company said the new product will enable government agencies and businesses to transmit a vast amount of data through telecommunications networks. The company has already begun discussions with prospective customers, Lumera said.
More than 1.6 million shares were exchanged by 2 p.m., far exceeding the average daily trading volume of 41,676 shares.
Futuremedia PLC, a U.K.-based business consultant, saw a fivefold increase in trading of its American depositary shares by 2 p.m. on no significant news. The company did not issue any material press releases, and no analysts distributed research on the company.
Shares of Futuremedia traded on volume of 49.8 million, versus the daily average of 9.2 million. The stock rose more than 10 percent.
Shares of Open Solutions Inc., which makes software for banks and lenders, surged on unusual volume Monday after a group of private equity investors offered to buy the company's shares at a 25.5 percent premium.
Private equity firms Providence Equity Partners and Carlyle Group offered $38 per share for the Glastonbury, Conn.-based company's outstanding shares. The cash consideration in the deal is roughly $975 million, including $144 million in debt that will be converted into stock and excluding $342 million in long-term debt.
More than 9.5 million shares of Open Solutions changed hands by 2 p.m., far more than the stock's daily trading average of 172,682 shares. The stock rose 24.3 percent to $37.65.
SumTotal Systems Inc., a Mountain View, Calif.-based maker of business software, warned of an unexpectedly wide loss in the third quarter and the news sent the company's stock into accelerated trading.
The company early Monday said it expects a loss of 10 cents to 11 cents per share, versus original guidance to a smaller loss of 4 cents to 8 cents per share. The anticipated loss widened, despite surprisingly high revenue, because of burgeoning costs in the services business, the company said.
Trading volume of the shares reached 2.4 million at 2 p.m., compared with a daily trading average of 102,714 shares. The stock sank more than 14 percent on the news.
What's up Doc ?
Monster volume last two trading days.....
52wk Range: 0.07 - 0.59
Volume: 101,333,718
Avg Vol (3m): 11,559,600
Technicals
Record Volume
Most Actives
Percentage Gainer
Last Price Quote is:
12.34%above 13-day MA
-17.61%below 50-day MA
RS Rating: 3
Does anyone have an opinion on this? ITS FMDAD and been pretty active the last couple days. IT was up this morning and now its dropped back. IM thinking of buying some here at 3.39
IM in at 3.38 it looks like its ready to reverse.
it could be really a monster opportunity...only 10.50 million mkt cap
and this news
Futuremedia Announces Completion of Up to $5 Million Private Placement Equity Financing
Wednesday October 25, 11:34 am ET
- Fully Funds Capital Needs to Reach Cash Positive Operations -
- Confirms Guidance for Positive EBITDA in Fiscal Year 2007 -
BRIGHTON, England, Oct. 25 /PRNewswire-FirstCall/ -- Futuremedia plc (Nasdaq: FMDAY - News), a leading learning and communications company, today announced that it concluded an equity private placement of up to $5 million with a corporate investor to provide funding for its continued operations until the Company reaches cash positive operations by the first calendar quarter of 2007 as expected (the Company's third financial quarter of fiscal year 2007).
ADVERTISEMENT
The Company also reconfirmed its previously announced guidance for its fiscal year ending June 30, 2007 of EBITDA between GBP 1.0 to 1.5 million ($1.8 to $2.7 million) on revenues of GBP 18 to 20 million ($33 to $36 million).
Leonard M. Fertig, Chief Executive Officer of Futuremedia commented "With this financing Futuremedia is able to put the difficulties of the past year behind us and move forward as a profitable and cash generating business. With a rapidly growing business and our focus on cost controls, we expect to achieve consistent yearly growth and expanding operating margins which we expect to translate into increased shareholder value."
"In March 2006, the Company was on the verge of completing a remarkable turnaround after years of losses. However, this was ended by the unexpected termination of HCI in April, which eliminated about 90% of the Company's revenues. In the last six months Futuremedia has fought its way back by cutting costs, acquiring two profitable businesses, preserving its listing on the Nasdaq Capital Market, and paying off significant debt. With this new equity financing we are now prepared to move into operating profitability and cash self-sufficiency in early 2007."
"Going forward our focus will be on two of the fastest developing segments of the communications industry; online communities and face-to-face experiential marketing. Our learning and communications businesses are expanding, and we are actively pursuing new revenue opportunities. As we enter the last quarter of calendar 2006 we have right sized and refocused our company, and we are in a strong position to capitalize on the growth of our industry."
The investment comprises an initial payment to the Company of $3 million in exchange for 20 million ADSs at a price of $0.15 per share and warrants giving the investor the right to purchase a further 80 million ADSs at $0.025 per share for an additional $2 million. The warrants are exercisable for one year.
The use of the proceeds will be to fund remaining HCI obligations due to the UK Government's decision to terminate the program last April, remaining expenses connected to the acquisitions of ebc and Button, and to pay down a portion of the convertible debt owed to Cornell Capital.
This press release contains certain forward-looking non-US GAAP financial measures (as defined by SEC Regulation G). EBITDA is earnings before interest, taxes, depreciation and amortization, and is not a financial measure presented in accordance with US GAAP. The Company believes that it is helpful to highlight for investors its current results and future expectations regarding its results on an EBITDA basis. Management believes EBITDA provides an indicative measure of the Company's operating performance, and will limit its earnings guidance to revenues and EBITDA. As the Company's EBITDA is not a financial measure presented in accordance with US GAAP, when analyzing the Company's operating performance investors should not consider EBITDA in isolation or as a substitute for other financial measures presented in accordance with US GAAP. Moreover, the Company's EBITDA is not necessarily comparable to other similar measures reported by other companies. Due to the complexity of non-cash accounting charges connected with financing and the accounting for the possible amortization of intangible assets in connection with our recent acquisitions, it is not practicable at this time to reconcile the non-US GAAP financial measures in this press release to the most comparable US GAAP measure.
Thanks MRCHINA I have another buy order in for 3.46
READY TO GET IN AGAIN!
2.85/2.90
Futuremedia Regains Compliance With Nasdaq Listing Requirements
PR Newswire - January 22, 2007 8:36 AM ET
Related Quotes
Symbol Last Chg
FMDAD Trade 2.33 0.00
Real time quote.
Futuremedia plc (Nasdaq: FMDAD) a leading learning and brand communications company, today announced that it received a Nasdaq Staff Letter, dated January 19, 2007, advising that the Company regained compliance with the minimum bid price requirement for continued listing found in the Nasdaq Marketplace Rules.
As previously announced on July 20, 2006, Futuremedia had received a Nasdaq Staff Deficiency letter, indicating that the Company was not in compliance with the minimum bid price requirement of $1.00 per American Depositary Share required by Nasdaq. During the subsequent compliance period provided under the Nasdaq Marketplace Rules, the closing bid price of the Company's ADSs has been at $1.00 per ADS or greater for at least 10 consecutive business days and Futuremedia has therefore regained compliance with the Nasdaq Marketplace Rules.
It used to be FMDAY but after a 50-1 reverse split it's now FMDAD. I think the chart is setting up for a major move (upward is my hope ;)) It's not a horrible company, they're just always a penny short of profitability, quarter after quarter. If they can get to positive EBITDA as they've promised, and then maintain it, that would be a good catalyst for the stock. IMO this is a stock David should have on his watchlist for a 3StocksOnFire trade if it gets moving.
"FMDAD" Threads have been Merged. Old Ticker Symbol "FMDAY"
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders. ;)
All history on a stock pick in 1 thread is awesome. ;)
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock. ;)
Thank You....and good luck with all your trades....make some $$$ ;D
Return to ticker symbol (FMDA)........
RECEIVES $1.4M PAYMENT: Futuremedia plc (FMDA) has received an $1.4M accelerated
funding payment from Yorkville Advisor's is a result of Futuremedia exceeding certain financial
milestones. The funding was originally set to be delivered to the company in three monthly installments
through January 15, 2008. In the first quarter of 2008 Futuremedia generated revenue
of $3.68M or 22.6% above the target. Since entering the agreement in August, Futuremedia has
received $5.1 million in funding from Yorkville.