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EIGHT SOLUTIONS Forum: Community User: Zunder5c5f62c1bbf99
Kommentare 2.212
S
Stoch,
16.09.2016 8:40 Uhr
0
http://www.stockhouse.com/news/press-releases/2016/09/15/eight-solutions-inc-cumul8-platform-moves-from-testing-to-sales-for-the
T
TaDa,
15.09.2016 19:39 Uhr
0
Danke fürs posten. :)
T
TaDa,
15.09.2016 19:39 Uhr
0
Hört sich ja erstmal nicht schlecht an. Auch wenn wir nicht wissen wie die Konditionen sind. Also was ES daran verdient. ES reagiert darauf recht positiv, wenn auch etwas verhalten. Mal schaun wie die nächsten tage aussehen.
T
Top,
15.09.2016 12:05 Uhr
0
Eight Solutions Expands Executive Team With New VP, Worldwide Sales & Marketing
Vancouver, BC--Sept 14, 2016 - Eight Solutions Inc. (“Eight Solutions” or the “Company”) is pleased to announce the appointment of Allan Larmour as the Company's Vice President, Worldwide Sales & Marketing. Allan comes with a wealth of knowledge and over 25 years of distinguished experience in sales and marketing with large multi-national and early stage companies. Well versed in strategic planning and go-to-market strategies, Allan will lead all aspects of sales and marketing in North American and International markets, partnership development and corporate awareness activities. This is particularly suitable as Eight Solutions continues to refine its business model as a Cloud-based real-time data collector, aggregator, data analysis and visualization company for the Industry 4.0 markets.
“I’m delighted to welcome Al to the Eight Solutions team,” said Eight Solutions CEO, Rory Armes. “This is great timing for Allan to be joining us as he will help us expand quickly in forestry. Allan's experience in bringing complex technologies, software platforms and services to market using rigorous sales and marketing processes is well suited to Eight Solutions planned revenue growth and worldwide market penetration through Industry 4.0 and IoT (Internet of Things) applications.”
Allan is an accomplished entrepreneur with over 25 years of experience in Fortune 500 companies, start-up technology companies, international sales and business development, and executive management. He has lead three successful software technology company exits resulting from implementing sales and marketing strategies supporting rapid growth and strong partnership development.
“Allan brings a new focus on the discipline of reaching and solving solutions for the growing list of customers wanting our software. He will expand our “sensors to boardroom” solutions for forestry and other industries, including our film-based solutions,” says Rory.
“I’m very excited to be part of Eight Solutions’ talented team. Eight Solutions exceptional experience in delivering Human Centric Design to data visualization will enable the Company to become a leader in the big data management and analytics marketplace,” Larmour said.
About Eight Solutions
T
TaDa,
02.08.2016 16:49 Uhr
0
Diese Woche news?
S
Stoch,
27.07.2016 14:09 Uhr
0
Mich interessiert was in Zukunft passieren kann und nicht was die letzten Quartale war, deshalb sind es für mich positive News.
The Company completed the initial sawmill module of its Cirrus product for the forestry sector and is now actively selling the tool to the industry. The Company has received positive feedback, and early expressions of interest from a number of forestry companies, both in Canada and the U.S
t
tjaksch,
27.07.2016 11:31 Uhr
0
Hast du auf jeden Fall Recht Stockrocker!!
Der Knoten könnte geplatzt sein und wenn, dann ab gehts gen Norden!!
S
Stoch,
27.07.2016 11:10 Uhr
0
Sehr gute Nachrichten!!! Da es ja in Kanada und USA nur von Sägewerken wimmelt, geht's jetzt gen Norden. Wenn andere Branchen dazu kommen, kann sich ja wohl jeder vorstellen was hier passieren wird....Glückauf!!!
T
Tjaksch4,
27.07.2016 9:44 Uhr
0
Eight Solutions earns $2.88-million in Q2
2016-07-26 18:31 ET - News Release
Mr. Rory Armes reports
EIGHT SOLUTIONS ANNOUNCES SECOND QUARTER RESULTS
Eight Solutions Inc. has released its unaudited consolidated interim financial results for the three and six months ended June 30, 2016.
Second quarter 2016 financial highlights:
Revenue for the three months ended June 30, 2016, was $1,553,199, an increase of over 200 per cent compared with the three months ended June 30, 2015, as the company earned and received the maximum $1-million performance-based royalty from Prime Focus Ltd. pursuant to the company's 3-D technology licence agreement with Prime Focus.
Net income attributable to the shareholders of the company for the three months ended June 30, 2016, was $2,883,282 (five-cent basic and diluted earnings per share), an increase of almost 290 per cent and an increase of eight-cent basic and diluted earnings per share compared with the three months ended June 30, 2015.
In connection with the company's action against Tianjin Fu Feng Da Movie & Television Technology Investment and Development Co. Ltd. (FFD), the B.C. Supreme Court ruled in favour of Eight Solutions resulting in the extinguishment of the $3,294,635 loan to FFD and the release of all respective security during the three months ended June 30, 2016.
Net income attributable to the shareholders of the company for the six months ended June 30, 2016, was $1,227,041 (two-cent basic and diluted earnings per share).
Second quarter 2016 operational highlights:
The company completed the initial sawmill module of its Cirrus product for the forestry sector and is now actively selling the tool to the industry. The company has received positive feedback and early expressions of interest from a number of forestry companies, both in Canada and the United States. The company has been developing a second forestry software product focused in product grading that is planned for release by mid-third quarter of this year. Both products are big data cloud solutions that enable users to connect machine sensor data to the boardroom.
The company completed development of a digital asset transfer system that moves assets between storage assets between connected facilities, further enhancing the company's Stratus product. Designed as a focused, lightweight component that can be easily integrated into a distributed asset management framework, the company has been in discussions with a few large data storage manufacturers to license this transfer system.
The company completed another successful round of beta testing for its Sky product, continuing to incorporate a number of rich features into this mobile data analytics tool.
SECOND QUARTER FINANCIAL SUMMARY
Three months ended
June 30, 2016 June 30, 2015
Revenue $ 1,553,199 $ 497,689
Net income (loss) and comprehensive income (loss)
attributable to the shareholders of the company $ 2,883,282 $ (1,521,993)
Basic earnings (loss) per share $ 0.05 $ (0.03)
T
Tjaksch4,
27.07.2016 9:43 Uhr
0
ES macht in Q2 2,88 Mio Gewinn
S
Schön1,
15.07.2016 12:26 Uhr
0
Da hat einer mal ordentlich verkauft....War wohl der Herr aus dem ariva forum. Jetzt kannst hoffentlich aufwärts gehen.....Ganz langsam....hab zeit
T
TaDa,
27.06.2016 21:15 Uhr
0
Wenn jetzt noch news über weitere Kunden veröffentlicht wird, dann könnts was werden. ;)
T
TaDa,
27.06.2016 21:09 Uhr
0
Auf jedenfall heute gutes volumen. :)
S
Schön1,
27.06.2016 21:03 Uhr
0
Leute scheinen wohl zu kaufen aufgrund des Updates....Mal gespannt ob wieder Hoffnung in den köpfen der Anleger besteht. Ich bin irgendwie zuversichtlich:)
S
Schön1,
27.06.2016 21:01 Uhr
0
Hab es mal kopiert von der Website...
Klingt schon mal besser als all die vorherigen Updates!
Investors
CEO Update on June 27, 2016
Dear Shareholders,
Welcome to our June update. We had some big wins this month, which will be the focus of this letter. First, I want to jump right into the FFD announcement and describe what it means for our company and why it is a positive step forward. Next, I’ll go over how our summer is shaping up.
I’m starting off with FFD because there were a few questions from shareholders after our announcement. To clarify what the settlement exactly means, I’m going to provide more detail. The FFD lawsuit has been a huge thorn in our company which has thankfully now been removed, and we are all relieved to have this situation settled.
To provide context, FFD was a planned partnership between their 3D conversion teams and ours. The partnership plans broke down and we have been working to have a legal solution for well over 18 months. The legal process to find a resolution has been long and has very much affected our ability to move forward as a public company.
Then last week, on June 20, 2016, the BC Supreme Court ruled to extinguish all of the debt FFD believed we owed, and to release all of the security we provided for this debt.
Because of this pending situation, our books showed that we had $3.3 million in debt relating to FFD. Now with the BC Supreme Court ruling, the Company can write-off the full $3.3M debt and record the whole amount as income.
For us this means many things:
First, it has a direct and positive impact on our balance sheet and income statement;
Second, the FFD problem clouded our shift in the company’s direction in our transformation into a technology company; and
Last but not least, the FFD legal issues hanging over us hurt our story, our ability to partner with strong institutions, and it clouded our move into big data visualization.
So, we are very happy and very relieved that the courts ruled in our favour because today we look financially healthier, we have removed a big distraction and we are moving forward unfettered. I truly hope that this explains the situation and how the ruling has benefited Eight Solutions.
Now onto other questions we’ve gotten from shareholders (I’m picking the top three).
1. What is our 3D licensing situation?
We have received the first two royalty payments from Prime Focus as per the original agreement (and by the way, these agreements are all made public and available on sedar.com).
The royalties that were received to date were received on time as scheduled. The Technology Support Agreement for the 3D technology license remains in place, and we fully expect to receive future royalty revenues as they were originally agreed to.
There are three components of this 3D licensing agreement which lasts four more years:
A guaranteed $1M in royalty each year;
A yearly technology support fee of $1M per year; and
A 3D revenue performance maximum of another $1M in royalty (note this target was met this year and looks like there are strong 3D sales for the next few more years).
2. What are the details of all revenues for the 3 business units inside Eight Solutions (Cumul8, Reelhouse, and 3D)? As well, what is the cash position and sales forecast 2016?
As a company, we have taken the position of not publishing forward looking information (namely financial projections), and this hasn’t changed since our inception. The reason is the early stage nature of our business and our focus on technology development makes it very difficult to predict or forecast revenue. Our goal is that this will change in the future, but for now we are sticking with this strategy. The challenge has been to answer the perception that “because we do not give revenue projections the company must not have any or is in trouble”.
All this said, there is a lot going on to drive revenue. An example is our relationship with The Bid Group. As we go deeper into producing a big data, live visual narrative of “Sensor to Boardroom” this solution continues to solve real world problems in manufacturing. Our beta software has evolved and our target list of customers are realizing the benefits of being able to visualize this much live data. This has never been done to the same level before. Our forestry product is real, it is a revenue producing solution, and it will evolve into other industries. We understand the importance of pushing our products into the market and of driving a strong sales strategy. This is what we are doing each and every day and look forward to bringing that data out to the shareholders and the market.
3. There are no revenues singling out “Forestry“. Are you producing sales? What can you say us about this?
We have and continue to generate revenue in the forestry sector. As well we have had positive feedback on releasing our product into this industry. Revenue has been slower than originally anticipated and this is because our customers are asking for more custom solutions. Our product is now live. This technology is making customers think about all of their “Sensor to Boardroom” solutions. So now we are modifying our software development and business development approach to match this interest. We know we have the right product because our customers want it and are willing to pay for it. The Bid Group is excited to have Cumul8 deployed in all their future machines. As well, we have a lot of interest from several of the major forestry companies for our product and services, and we are working quickly and diligently to get the product to larger revenue stage. Once achieved, the revenue model in the forestry sector would be a monthly recurring (SaaS) revenue format.
As well as forestry, we continue to pursue sales in other sectors. These include entertainment, where we currently work with a major Hollywood studio and a large post production company, and transportation, where we are soon to be expanding on an initial engagement. There are other industry sectors as well, which all ultimately will operate on a SaaS revenue basis.
There have been no changes in our business model. We continue to be confident in our shift from a service company to a company that is working in the exciting arena of viewing raw, rough data in a cloud based live tool. Now that we have spent the hard work in creating the right technology platform, this summer is about executing on the plan.
I hope that this update answers some of the key questions and clears up any misconceptions. Let’s keep the dialogue going.
Thank you for reading,
rory
PeopleInvestorsNewsContact
© 2016 Eight Solutions Inc. All Rights Reserved
T
Traderer,
27.06.2016 20:31 Uhr
0
Neues Update von Rory...kann es aber nicht posten...
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