I followed BtB for sometime. Excellent business, great people running the show too with Martijn and Yang and they have signed A1 clients, however the market just doesnt exist as yet and wont for some time still to make siginificant revenues. Probably the same with Oncard, but again it looks a great business.
The deal that went through was dodgy and existing shareholders got smashed! Paid way too much for the stake in Oncard, gave BtB away for less than a half of what it was trading at and we pay a $500k management fee for Brencorp to do nothing.
Still at 2c and with $20mil in the bank we should see upside soon shouldnt we?
FCP
fcpb investments limited
