Quote:
Originally Posted by Bobcat
I've been trying to find more info about our Mr Ertugrul with little success apart from the way he seems to be able to raise loads of dosh, start up new companies which then soon disappear.
I might be wrong but f'rinstance Life.com doesn't exist as it was nor, of course, does 121media.
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so the next questions are
where does the money come from?
where does the money go?
why has the investment people not twigged any connection like the above?
as to 121media from iii, under news
04-05-07, 121Media completes reorganisation, becomes unit of Phorm by AFX UK Focus
LONDON (Thomson Financial) - Online advertising firm 121Media Inc has become a wholly-owned subsidiary of newly-formed holding company Phorm Inc following a reorganisation, Phorm said.
Each 121Media share has been converted into a share of Phorm, which began trading on AIM today.
note the date was 04-05-07 not a current news item
about k*nt from march 2005 from
http://www.growthcompany.co.uk/aim/f...benjamin.thtml
He has already made his mark in industries as diverse as hamburger bars, online dating, voicemail, and micro-gravity flights for tourists (where he charged up to $11,000 dollars for a thirty-minute thrill ride in a MiG jet). His latest venture, online advertising play 121 Media, floated on AIM in December last year, raising £1.72 million at 245p a share. It is looking to tap into the growing market for online 'contextual advertising'. 'I've always valued a new challenge and, over the years, I have developed a 'why not?' perspective, and there is no reason why this business should not be huge,' explains Ertugrul.
Such a perspective is behind his aim to dramatically increase the two-to-three million people that currently use 121's offering. This is a simple product called 'Pagesense Desktop' that is imbedded in free, popular software programmes (especially file sharing ones) that are downloaded in their droves from the net. Pagesense allows 121 to legally interrogate a users habit and then deliver tailored advertisements on behalf of clients.
does that sound familiar, bury pagesense in a dodgy filesharing app, bury the legal loophole saying you consent somewhere deep in the EULA that no-one ever reads,
hmm, fast forward to present, bury the kit in a dodgy ISP, bury the legal loophole (it's l-l-l-legal honest) as a upgraded privacy clause in the ISP's T's and C's very few people read
anyone see any similarities??
peter