"What there aren't is consistent profits."
Their aim has never been to make a profit ( which would be taxable) ....but... to reinvest all revenues into product development and thus creating tax benefits
The Retained Earnings loss of £28,3m at last year end is ...tiny.... for what they have managed to build with such a small team. Plus they have no debt against that product development.Quite an achievement really. |
NickB - did you say there was a new feature in elevate to copy/paste from a clip? Visible but not yet active.
I don't see that in the dashboard? Could you point me in the right direction please?
I don't think there has been any significant changes in functionality since adding text and plain backgrounds. That was a nice add though, very easy to use. |
Ortegaworm
Good work |
Max offer 100k @ 5.28p
wooooooooooooooossssssssssssssssshhhhhhhhhhhhhhhhhhhhhhhhhhhh |
one born every minute |
SSB, there will be no whooooshing here without any news, especially after the way MM mugged you off on Friday. lol. |
Max offer 100k @ 5.20p
wooooooooooooooooooossssssssssssssssssssshhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh |
“So to all the naysayers rather than complain with no argument come and tell me why it's not going to be a success?”
I’m not sure whether I’m a naysayer or not. I’m not saying it’s not going to work. I think it’s clear they’ve cracked the technical. No mean feat. I’m just saying I’m not sure it’s not going to be a commercial success. After all, “Blackbird is the go-to solution for large sporting events due to its speed, efficiency, collaborative ability and remote accessibility” and hasn’t made any meaningful money. (I’d argue it’s not even the go-to solution… but it matters not if I’m wrong and it is the “go-to” if it doesn’t make money)
In the meantime the seller is still in town. Low 4’s coming. |
Ortega Excellent summary. Well done. |
What web browser does the M&E version work in? |
Let's not forget that the M&E version of Blackbird seemingly works smoothly and flawlessly under high pressure, like at this year's Olympics where it was used by multiple 'live' media channels. I have little doubt that it also works very well in Elevate, from what I've seen (yes it needs a few more features to be dropped in). The only question is whether the management can exploit it to make money, or alternatively sell it to someone who can... We only have about 9-10 weeks to wait to find out... |
SSB Well yes I can go with that, and yes it’s flushing out non committed investors and muppet speculators, why should they make serious money.
Cabi Every time I have been to a Casino I have never been disappointed. I walked in knowing I was going to lose it was just the cost of a night out!
This I treat as a serious bet because of industry decades working this particular roulette wheel😀 |
I love Roulette. |
It's not blind optimism. Blind optimism is the Roulette wheel. This is a sophisticated investment choice. Hopefully, as part of a diversified portfolio. However, from some of the responses, I suggest not. Anyone with all the eggs in one basket, well, who in their right mind would do that? That is spinning the Roulette Wheel. |
NickB get rid of the muppets?
I am keen..
BWTFDIK
SSB |
I x 100 sure BB BOD want you all out,
SSB Why, we have backed them all the way What’s in it for them if we are out? |
Slight uptick in volumes the last couple of sessions. Let's see if it continues this week. If it does then it might indicate a double/triple bottom forming. There has to be a progress update early in the new year IMO, if not next week. |
Would you rather be "in or out" I x 100 sure BB BOD want you all out,
- Want rid of me too but I am stubborn.
but I can go with it as I beleive.
Holding for "end game".
Will be great if one can afford the ride..
No advice,
BWTFDIK
SSB |
“Why are some people sucked into a vortex of pessimism”
Why are some people sucked into a vortex of blind optimism despite BIRD having been unsuccessful at monetising ANY of their previous launches? In doing so they risk pulling the gullible into deeper waters than they would otherwise find themselves. |
Regarding shares available:
Whoops some have no clue,
Do you know why I got filled at 5.9 instead of 5.5p?
And on another point..
Wonder who sold that 150k at close, lol.
Who unless they are on margin or desperate sells into a 20k offer? Mcdonalds calling..
I call them premature evacuators.
No advice.
BWTFDIK
SSB |
I have left BB as free speak and some will know why.
Put out cheese and the rats emerge.
I know who I think are infiltrators - but that comes with experience.
If anyone has their own thoughts on vermin, please name and shame..
Remember we all have the Guild to come back to once we have had fun.
BWTFDIK
SSB |
Ortega I agree with you 100% There has been significant reassuring news from time to time about the elevate.io. project, and the current low share price is totally disconnected from this. The low share price definitely does not mean that there is any problem with elevate.
It's quite simple. The share price will start to rise when there is more good news and new investors are drawn to buy shares in Blackbird. There will be positive momentum then. Until then the share price just reflects the balance of sells and buys, with few participants in the market. Any institutional investors selling significant quantities of shares will drive the price down. That is all there is to it. It does not reflect badly on elevate. So far the publicity for elevate.io has been low key, and those running this project have between them enormous skill sets to drive this project forward to success. They know what they want to achieve and how to do it.
Why are some people sucked into a vortex of pessimism and in doing so risk pulling others down with them???? It is a disservice to Blackbird IMHO |
I know this is free speech, but some of you need to get a grip. Some proper mood hoovers here aren't there. Literally pathetic, you sound like petulant children it is hilarious. "Miss Billy Bunter pulled my hair" Give it a rest. |
4p or 5p by Friday’s close.
I have a feeling the 40k announcement was the last we hear from them this year.
So I’m going with 4p. |