That perspective cuts right through the mist so we can see how important this development is.
The current share price shows that at this stage, hardly anyone understands this.
Yesterday I conversed with a hedge fund CEO whose main concern about elevate was whether they would be able to raise more funds if needed by Dec 2025.
I responded by saying that by that stage, elevate's amazing breakthrough technology would be plain to see and so it would be inconceivable that funds wouldn't be made available.
This person's technical focus on Blackbird's accounts records showing it has never made a profit was sufficient to stop him looking at the detail of elevate and what it looks likely to achieve. At this stage, there must be lots more investors like this. |
Nick
I thought that might have been worth Caps as well as Bold ;-) |
What is significant about the timeline we are on?
Investors think that when the payment gateway switches on in Q1 that is significant, it is but not technically for the reason you think!
What it means is the technology and product application becomes
The first commercial hyper scale video editing platform in the world
It’s at this point we become very valuable to big tech |
Absolutely |
It seems time to remember that we have been told by Blackbird management many times that the business models which are the most relevant are Canva and Figma. |
If we don’t have some kind of significant progress or traction in 12 months time we have a serious problem.
I’m looking forward to some positive updates on user numbers and tech releases well before that time. |
Nope, a lot, lot better. |
Equally good bisho4 😀 |
 @ChrisCallen.
Yes, I've seen, and been very impressed by, every video with Sumit Rai. I have been a shareholder since (checks account) 31st Jan 2020. I've followed BIRD closely.
I've watched every IMC and Proactive interview. I've bought up to 30p and down to 5p. I've watched every elevate.io promo video with Sumit. I follow SBS on twitter. I have used elevate to create a montage of videos of my cat.
I've been reading this message board since Jan 2020. I've followed every Trading Update and pivot from excitement over The Player to excitement over elevate.io
I've read countless charts from SSB where he's convinced the share price is about to shoot up, but never does.
But that doesn't mean BIRD is going to get bought out before launch (nickb's initial theory) or even shortly afterwards (nickb's Plan B for when elevate is launched and BIRD is still independent).
BIRD might deliver what they are promising with elevate.io, but they aren't promising a buyout, or even to make shareholders wealthy.
I'd love for BIRD to get bought out as a unicorn, because it would make me very wealthy. But we will still all be here, on this message board, in 12 months' time, talking about paid subscriber numbers, SSB's predictions of an imminent share price rise, and wondering if board members aren't buying shares because they might have options written into their contracts.
If the only parallel you can think of is Vodafone, then you ought to read up on Betamax. |
HCBF Chris Callen (I’m assuming you celebrate given the delusional optimism in your post?) |
Yes thank you chriscallen |
Brilliant perspective chriscallen. Thank you. |
Nice one Chriscallen |
bish04 Have you listened to the SR/MV video from 18ths - 2 years ago? They were pretty clear about what they intended to create and what they thought was necessary. SR has not deviated from that in the time since. The BIRD game plan changed when SR/MV came on board and now it is SRs rules. Rule No1 is that they deliver what they have promised and when they do it works first time consisently... hence no down time since elevate.io started. elevate.io will be disruptive and a game changer because that is what they wanted to create from the outeset.
It is I admit very frustrating especially for long term shareholders and there are those that have been around for 10 years or so more than me and paid a lot more for their shares. But the pay back is going to be spectacular. The only parallel I can think of is when Vodafone floated and created over 100 millionaires as a result... a majority of which were employees who acquired shares through the share scheme and who mostly lived within 5 miles of where they worked. There is another parallel in that Vodafone was a subsidiary of the main Racal business and became worth many times more than its parent company. We are lucky that elevate.io is core within BIRD. |
crazy valuations over there and little old bird ticks down |
Tech stocks propelled the Nasdaq Composite to a new high on Friday for the first time since July in a sharp turnaround after falling as much as 15 per cent during the summer.
The technology-heavy index rose 1.4 per cent to 18674.37, surpassing the previous intraday peak of 18671.07.
“Each time we panic, the market continues to rise. At some point you stop panicking,” said Luca Paolini, chief strategist at Pictet Asset Management.
No panic here. |
I heard they eat family pets too.
And gooses. |
NEDs get paid for doing sweet fa. Handy number. |
Yes we certainly have an interesting board, with incredible and relevant experience, fantastic CV’s although I was shot down the other day for suggesting Blackbird has top talent!
I get the impression that the NED’s are putting in more work than usual they seem genuinely engaged and excited about the future.
Yet the stock market continues to be depressed 😂 |
Standing back from the fine detail, IMHO, a really very encouraging pointer is the fact that the three NEDs, who all have relevant successful CVs, decided to parachute into Blackbird, based on what must be their strongly positive view of what the elevate business will achieve.
Their reputation depends on their association and involvement in assisting companies to succeed in achieving commercial success. With their experience, I feel sure they all have a clear view of where elevate should, in due course, successfully end up. |
bisho4
Why not buy BIRD now and oversee this stage of development taking BIRD's team in-house and tailored to their own products and systems?
Because it’s not for sale for pence share price!
Why would big tech pay billions for something still in development?
And we are not going to sell when the plan is to build a Figma level valuation
Optimum purchase time is once the core tech of blackbird is developed for scale (rather than niche) the product is developed enough to role out and monetisation ready.
Big companies can do scaling much better and faster than we can they often have the customers in place.
Option 2 is they wait a couple of years and watch us build a business they can value as a business but that means big tech sit on the sidelines of the creator economy video revolution and I can’t see how that is going to happen.
So if an acquisition was ever to take place then it’s when the product is ready to go
All imho
In the meantime we carry on building our vision 😀 |
How do you know it hasn't?
That's nickb's line |
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