Finjan Holdings Inc (FNJN)

[UglyAmerican]

Maybe I'm biased because I had a bad conversation with the IR over a year ago but I think she did not do a good job selling the Finjan story at Noblecon. Watch and see for yourself. She actually said "We burn through cash". She seems like a real nice person but she sounds like teenager, not a serious professional who is capable of delivering the compelling story of this company. No guidance on revenue for the mobile browser or cyberisk except that they expect to start charging a fee for the browser sometime in Q1'17, she actually said "i think it's important to have a recurring revenue stream in this business, having recurring revenue makes this an attractive investment". Regarding the consulting business: "recently moved cyberisk to paloalto to keep a better eye on it" and that was basically all with respect to cyberisk. WOW. `The last time I talked to this person she told me that the insiders never buy because they always have insider information and when I said that is true of every company she replied their lawyers have told them they cannot make retail buys of their common. I realize I am being hard on her but this is business, not the playground. She is not good at this and should never, ever, ever, ever be allowed to make public statements on behalf of the company again.

http://noble.mediasite.com/mediasite/Play/acc5b792aae74d1781d5f395d5c8dca81d?catalog=fafdf0fc-32ee-46e6-af06-097ccda932a2