Fitbug Holdings – trying to run-up interest in its shares, another fundraising ahoy?

Health technology company Fitbug (FITB) has announced “an agreement with inflight retail specialist, Scorpio Worldwide Ltd, to include a Fitbug/Kiqplan product bundle within its range of products promoted to major airlines”. This follows an announcement last month that Fitbug “has expanded its pioneering Kiqplan offering through the launch of four new training programmes”. However, what’s the bottom-line impact?

Fitbug (#FITB) - FD quits with immediate effect

Fitbug Holdings – update as 2014 results snuck out

As expected for results snuck out as attention focused on the General Election result, Fitbug Holdings (FITB) reported an increased loss for the 2014 calendar year. The following updates with the company though emphasising a “transformational year… successfully capitalising on the rapidly growing B2C market for wearable technology”. Hmmm…

Fitbug (#FITB) says Kiqplan availlaible in Samsung Health - sure but when's the placing?

Typo in headline, Fitbug (#FITB) announces US order. Ramp ramp - when's placing?

Tom Winnifrith Bearcast - Fitbug ramping disgrace

Today's RNS from Fitbug (FITB) is a shocking example of lies, damned lied and statistics (well statistics anyway) - whoever came up with the headline should be publically executed. In this podcast I dig into the real numbers behind this sordid tale from the AIM casino

Fitbug (#FITB) ramparoonie trading statement - mentions huge loss en passant

Fitbug (#FITB) the ramparoonie experts says adds new functionality to Kiqplan. So what?

Fitbug – "New Contracts" announcement (ramparoonie) not all that it may seem

Shares in Fitbug Holdings (FITB), having slid back to 7p, have soared again on Friday to  10.5p – to capitalise the company at more than £25 million - on the back of an announcement entitled “New Contracts with Amazon, Best Buy.com and Target”. However, is the announcement actually what this headline suggests?

Fitbug (#FITB) announces new contracts with Amazon, BestBuy and Target

Fitbug is a buy but at a lower price

Fitbug (FITB) is a company that I’ve been watching with interest ever since its meteoric rises in October and November. I could sort of see why the rise from less than 0.4p to over 5p could be justified to some extent by the news that its ‘Fitbug’ was to be extensively stocked by Sainsbury’s and US giant Target, especially with Thanksgiving and Xmas on the way.

Fitbug – following the ramparoonie, the inevitable discounted placing arrives

Following a late October piece – ‘Fitbug Holdings ramparoonie – beware, balance sheet terrible, placing ahoy?’ – the company (FITB) has duly announced it has undertaken a discounted placing, this raising a gross £3.5 million at 9p per share. The following updates.

Fitbug (#FITB) - raises £3.5m at 9p to "accelerate growth" ie repair trainwreck balance sheet

Fitbug (#FITB) - directors extend loans to 2016 - RNS is Newspeak bollocks

Is the Fitbug hype justified?

Until about five weeks Fitbug (FITB) was languishing in the depths of AIM. Its shares, priced at less than half a penny, seldom traded and its market cap was well south of £1 million.   

Fitbug - a podcast special with Tom Winnifrith

I really must head off to the Greek Hovel. I do not want to spend any more tme than I have to in Athens but in response to reader requests I have a few thoughts on Fitbug (FITB). You see I am not only the ever obedient servant of the keystone cops at AIM Regulation but also of you too, dear readers.

Ramperoonie alert - Fitbug (#FITB) deal with Samsung - when's the rescue placing?

Fitbug Holdings ramparoonie – beware, balance sheet terrible, placing ahoy?

Having seen its shares rocket in a ramparoonie special  from 0.375p prior to a 22nd October announcement that “the US retail chain Target Corporation and UK supermarket J Sainsbury plc will stock Fitbug products in their wearables ranges from November 2014” to approaching 8p, Fitbug (FITB) has updated that, noting the recent move in its share price, it “wishes to announce that it continues to trade in line with the board's expectations” before a couple of hours later seemingly being made to further announce that “it knows of no reason for the move in its share price other than its agreements with Target Corporation and J Sainsbury plc to stock Fitbug products in their stores”. Now at 6.22p, capitalising the company at £10.5 million, what is the outlook from here?