Dean
That’s a fair point.
Not sure who the rivals are though. |
So it comes down to the quality, and therefore value, of the tech both to the individual user and the bottom line of big business.
We’re playing a waiting game. |
 As someone who has been involved with investing in Blackbird for around 5 years, it appears to me that Blackbird has so far been exploring the ways to monetise it's unique indisputably high performance patented technology.
After trying very hard to achieve it's financial objectives with the enterprise products, in the pursuit of profitability, it decided to largely pivot to elevate and it's vast market potential.
IMHO the decision, the pivot to elevate will, looking back, be seen to have been a very sound decision, but effectively, from a new investor's point of view, if they look into Blackbird, they will see the challenges of trying to make enterprise financially successful, and they will see elevate as effectively a start up.
I can understand that if they are potentially interested in investing they they may well decide to wait a while until it is clear that elevate will be a financial success.
This should all be settled in the coming weeks. Patience is difficult!
The horizon looks bright and sunny! |
Cabi
And that is why you are an investor
YOU have to take a risk
IF they prove they can will you be able to buy at 5p?
100’s of thousands suggests revenue of
£ millions per month!
Proves my point |
There is also the issue of funding.
They are burning £3.5m a year based on recent results.
They will need elevate to start adding reasonable revenue otherwise they will be out of cash by year end.
They don't have the cash to market elevate, compared to much larger rivals. |
Although, to be fair we have some branded shirts and a back board now. |
Spot on Cabi. |
It might be mind blowing, but can they get people to pay for it in the 100’s of thousands.
That’s the big question.
Until they can prove they can, no one is touching these shares.
Their track record is miserable so it’s understandable why people would rather wait and see.
It’s got nothing to do with AIM. |
Disagree
If you actually used elevate you would realise how mind blowing it is 😀
But I suspect if I said that to a tech research department at a fund manager they would look at me blank 😂 |
I don't think BIRD is in anyway the UK tech scene. The UK does well in tech, bio and pharma. very well.
BIRD's issues are specifically its own and well known. |
Bonio
Because you and AIM are looking at it as a business rather than a tech company with a huge opportunity but in development and Pre revenue.
And that’s the problem no investor appetite for pre revenue tech investment, no vision and can’t take a risk, these investment funds can be replaced by AI management tech.
That’s not good for London tech startup scene trying to build next generation companies competing with US or even Chinese so long term that spells decline in the U.K. in an age of huge tech driven change.
All imho
The good news i suppose is bargains are to be had when no one wants to invest |
SP only becomes an issue if we need to do a raise. Nothing suggests that as yet. Patience people. The seller, although some might be worried, is likely an individual naybe in charge of a big fund, maybe a HNW, although likely the former. We know how we men can be. We don't like to be wrong. Let me give you an example Royston Wild from the Motley Crew. If you ever read his articles on Lloyds, you know instantly he is going to put a negative spin on them. He has for years and years. He wants to be right. It's likely no different from the seller of Blackbird. The only difference is he has the capability due to us being lowly traded an fairly illiquid to keep the price where its at. Yes, that might pump his ego for now, but when we fly, it won't matter in the slightest. |
Invest360 we must be at or close to an MVP today IMO. We need more features to reach MLP, which will hopefully arrive in the coming weeks before paid launch. |
I don't think AIM is broken.
The companies on it are. Too many explorers with no intention of exploring.
BIRD's issues are its own.
Being 3 years of declining revenues, a collapse in its core product and taking far longer than expected to release Elevate.
It's basically the George RR Martin of shares. |
Invest
That’s not totally true but I get your point
AIM is suffering at the moment
Sentiment is dreadful
We have as a company been in much worse shape but considerably higher market cap.
MM’s or investors don’t understand the product the fact is it’s an excellent editor already the incredibly hard part is done some ‘missing features’ will be very close to being switched on soon
It’s a broken AIM market, I know many investors who won’t even invest in the U.K. market including big companies anymore it’s not just Blackbird
It’s good for us investors that the price is so low as long as we don’t have to raise money this way |
Hyper
Well I’m sure he knows about elevate!
He would have been in charge of Adobe’s Cloud video editor in a browser
Big loss for Adobe I suspect
Interesting guy to listen to a very influential thought leader |
HyperAl. The only thing that’s going to move the share prices is completing the development to an MVP (or better, MLP)stage. Only the will it be ready for GTM. There’s nothing about the way that market makers work, or problems with AIM, or a big II selling or TA or charting, or any of that stuff that makes an iota of difference to long-term holders. It’s simply about sticking to the knitting, executing on the plan, and making the product good enough. All in IMHO |
Quotes available this morning
525,000 @ 4.725p
750,000 @ 4.99p
1,000,000 @ 5.9p
So how about it ssb? Who is the liar?
Who consistently posts up charts they know have errors to try to tempt others into this when he knows further selling is inevitable?
Karma is gonna get you... sucker.
Edit: Oh by the way, this is just the tip. The seller obviously has most of the supply iceberged. There are millions to offload. |
Departs Adobe March 15, maybe he would like to join our team, he is a cloud man!
But would it move the share price on AIM? |
Adobe
On another note I see the Top product visionary executive VP at Adobe Scott Belsky is leaving.
Pretty big news in that world.
Maybe he will pop up on elevate’s discord forum! |
Cabi
Yes that’s worryingly possible going by that post I made the other day from an AIM Biotech CEO
who said the AIM is completely broken for Tech/biotech companies pre revenue |
NickB
Maybe the broker did try to place them, but there was no interest. |
Don’t worry, it was confusing at the time when they issued the RNS - the shares increased but the % went down. I think they only have to notify the market when their actual shares change, as opposed to notifying the market every time the % changes as a result of Bird issuing more shares. Their purchase last summer was probably the first change in the shares in several years, and so they notified. |
Cabi is the man for holdings |
Pat cash, OK fine, my bad in that case. DIT must have been very very late in declaring then! They should have got a ticking off from the FCA but it's not interested in things like that (or very much at all, TBH).
If DIT were increasing then it seems less likely they would have decided to start selling, but who knows. |
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