Investor Relations Department,
Blinkx,
105 Piccadilly
London, W1J 7NJ
CC: Dr Michael Lynch, CEO, Autonomy
24th August, 2009
Dear Sir/Madam.
I will be attending the next Blinkx AGM on 22nd September.
At the AGM, I would like to put some questions (below) to the Blinkx management team, and particularly Mr Chandratillake.
I would be grateful if you would advise me of the formal process for asking such questions in the AGM environment.
Yours faithfully,
____________
xxxxx xxxxxxx
Questions for the Blinkx management team, to be put at the AGM on 22nd September 2009
1/ Why has Blinkx, to date, failed to release a branded video search app for the iPhone? Or for the Pre? Or for the Android OS? Or to release a branded video-search widget for Facebook users to embed in their pages? Why has Blinkx so pointedly and continually ignored opportunities to allow end-consumers of video to search against the index of 35m+ hours of video which Blinkx holds, thereby monetizing that index?
2/ There has been much speculation among Blinkx shareholders as to whether or not Blinkx technology drives video search functionality for Bing, Microsoft’s new search engine. I would like a definitive answer one way or the other, please.
3/ Blinkx as a company – and especially CEO Suranga Chandratillake – has made many bullish predictions for the company’s future growth and profitability. Yet none of the company’s management team, so far as I am aware, have ever bought the company’s shares in the open market. I also note that recently F&C Asset Management Plc has sold down its holding in Blinkx. If the company has such a bright future, why aren’t the management team buying shares, and why is one of the company’s largest shareholders selling?
http://blinkxshareholders.blogspot.com/