bonio10000 - 30 Dec 2024 - 10:51:05 - 22807 of 23026
Cash at 30 June £5.6m
Cash burn £1.9m per 6 months.
So by end of march should have about £3m left
Which is not a lot to launch a product and keep adequate cash reserves.
Placing coming. |
In 2024 the share price bounced between 9p and 4p twice. Yes I'm well aware it was much higher in 2022-23... |
thiopia would you be kind enough to point to where these rumours of a placing are? I had a quick look around but couldn’t find any reputable sources. |
“didn’t last for long before the share price rebounded”
Ermmmm. Have you actually registered what happened to the share price in 2024? |
In reality you only have to look back to 2024 and see a death cross twice in the year, but it didn't last for long before the share price rebounded. News drives share prices for real investors, not short term traders. And we expect plenty of news in the next few weeks before launch IMO. |
What a wonder a free speak BB is.
BWTFDIK
I agree with most.
But mostly believe in BIRD
Rough travel we have had, rewards will come to us for the dedication..
SSB |
G2,
If you replace "Ian" with "Sumit", I would agree with you. |
Yes that timing would fit my theory, Nick
Ian would not commit to Q1 unless he knew he had loads of slack - so being in good time for March 7th would fit that - ie end Feb |
Yes true I'd forgotten about SXSW (UK govt paid-for trip). Makes sense that they may well want to do a big launch at SXSW. If it's some sort of public demo they will definitely want to have as many impressive features as possible available, but more important to make sure they're working! (As shown by many famous launch glitches!) |
Features will of course continue to be added after launch
I would guess not all price tiers open to start with. |
SXSW is March 7th - 15th |
Yep
Also a sensible scenario
Certainly agree they would like to be at 100k
Depends on how many of the existing are active users (which they will be monitoring)
I’m guessing they are over 50k now
Should be over 100k by end of Q1 |
I'm more with Horneblower on this, I think it's more likely right at the end of Q1, they will want to have as many features dropped as possible before inviting people to pay hard cash for the product.I would expect to see an announcement about another burst of freebie users signed up though. They will want the total to be into 6 figures to make an impact IMO |
I think they will be aiming to launch sometime between early Feb and early March .
So we could be very close |
Maybe an elevate pre launch presentation for investors in a few weeks time would be welcomed |
Looking at the recent progress RNSes, I would hope for a further progress update later this month? Perhaps w/c 20 Jan. |
Yes Cyberhub I meant to say access! |
No need for installation at all of course! |
Gehemenis2
I hear and accept what you say, BUT elevate is a very different product to what Blackbird has offered in the past. It is easy to understand, easy to access, easy to operate, inexpensive and the potential target market is potentially millions of people. |
Eidos was founded in 1990 by Stephen Streater.
This was helped in no small part by Streater’s use of his PhD research on image processing to create a new video compression technology, a technology they sold
to Oracle for £36m.
“I thought we’d sell our technology to Larry
Ellison (Oracle)," says Streater. |
Maybe Stephen Streater can see if Larry is interested in buying elevate.io. |
Take Adobe they are running at $500 million a Q
I don’t think they would wait until we are running at say $2 million a Q
Google or Microsoft much bigger numbers
All those guys know the future is in the Cloud with Cloud native apps, they know this before the customers and they invest accordingly |
This may be correct, salmon
Issue is that many have been thinking the same thing for years if not decades!
Hopefully 2025 is the year it happens! |
NickB
Sorry, my post 22994 was unnecessary. I read the first part of your post 22993 which simply repeated what someone else had said. I had thought it was your opinion which surprised me!!
The debate this morning has again convinced me that the current elevate, the subscription edition and the player represent such a big breakthrough that it must surely be acquired soon by a big player who has the ability to use the technology to reach the masses with related products. They are well used to serving huge audiences. IMHO |
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