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Bullboard - Stock Discussion Forum CI First Asset U.S. Tactical Sector Allocation Index ETF T.FUT

Bullboard (TSX:FUT)

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Comment by BayWallon Oct 31, 2012 9:25pm

RE: RE: RE: Believe it or not....1 new Florida dea

There should be some sales people in the US. Not employees per se of Futura, but independent.   The 5 employees are the support staff, including the person who posts the car dealerships on ...more  
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Discussion
Comment by supercableguyon Oct 31, 2012 7:01pm

RE: RE: Believe it or not....1 new Florida dealer

there is only 5 employees left in FUT......so not much selling going on i assume...
68
Discussion
Comment by BayWallon Oct 31, 2012 6:51pm

RE: Believe it or not....1 new Florida dealer

Ghosts of halloween. I do believe it. Would be nice to ramp it up over the next 6 weeks. Get salespeople going in a few states. Futura trained at least 6 of them already. For now, until things become ...more  
85
Discussion
Comment by BayWallon Oct 31, 2012 5:17pm

RE: Futura Launches Search to Find Partner/Buyer

Good bidding everbody. We will know the results in time for the holiday season. Would be nice to put in saome effort and get some significant sign-on's. Execute on those opportunities instead of ...more  
77
Discussion
Post by box532on Oct 31, 2012 12:46pm

Futura Launches Search to Find Partner/Buyer

The Futura Loyalty Group Inc. TSX VENTURE : FUT October 31, 2012 12:33 ET Futura Launches Search to Find Partner/BuyerTORONTO, ONTARIO--(Marketwire - Oct. 31, 2012) - NOT FOR ...more  
136
Post by BayWallon Oct 31, 2012 12:00pm

Maybe this way is best?

Try to get Aimia owners of Aeroplan to buy the company in stock. Aeroplan is just finishing a promotion with Infifniti Car dealers across Canada. I think this is a category which would make money ...more  
84
Comment by BayWallon Oct 31, 2012 9:38am

RE: RE: RE: RE: RE: This and that

I'm guessing those who want to buy the company either must assume the debt or pay it off. No free lunch or low ball offers. There's roughly $11 million to pay off. Some creditors could be ...more  
82
Discussion
Comment by BayWallon Oct 30, 2012 1:22pm

RE: Uphill but possible

I have not read all of the court documents, but the sales/investment soliciation porcess appears genuine. A 10% cash deposit is required up to $100,000 to potential bidders.   Highest bid ...more  
117
Discussion
Post by BayWallon Oct 30, 2012 12:58pm

Uphill but possible

A portion of revenues are from breakage (Futura Rewards) Whether this loyalty program will continue, probably unlikely. If customers are not redeeming the points then why collect.   The Aeroplan ...more  
123
Comment by gofxon Oct 30, 2012 12:55pm

RE: RE: RE: RE: This and that

If you grab the company, debt free, for a song... then yes, there is solid evidence that some level of sales can be achieved.  Ditch everything expensive and grow it organically.   If my $1 ...more  
103
Discussion
Comment by gofxon Oct 30, 2012 12:51pm

RE: i think we are for sale.....

I'll pay $1 and give current debt holders the right to buy shares at 10 cents up to the dollar amount of the money owed for a period of five years. In return all debts must be forgiven and ...more  
106
Discussion
Comment by BayWallon Oct 30, 2012 10:21am

RE: RE: RE: This and that

Yes there's that angle. I don't think they will buy the company. Too much debt even if creditors are paid in part. If they want to expnd into the US, millions more will be ...more  
91
Discussion
Comment by RE38on Oct 30, 2012 9:45am

RE: RE: This and that

Don't worry about them. Like I said they made their money through salaries. They ran up a deficit of $30M+, mostly through G&A somehow. Now that the company is up for sale my original thought ...more  
98
Discussion
Comment by BayWallon Oct 30, 2012 9:31am

RE: This and that

David Beutel with his over 15 million shares plus all the close associates. Knowing of the large overhanging debt and that Futura must pay the piper eventually, why not sell the ...more  
135
Discussion
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