Blackbird Takeover Rumours (BIRD)

NickB Thanks for your response. Yes, the future is extremely exciting on the ai front.

Sorry if I sounded dismissive earlier Horneblower, it wasn't intended, your option for a takeover after launch milestones are achieved is also perfectly reasonable. None of us know so it's just speculation. But there are certainly examples of loss-making companies being taken over for large prices. I agree it does seem hard to believe though that with the market cap at £20m today, someone might come in with a £1bn+ bid... Not impossible though...

Salmon Great article we now have a very poor investment market in small caps, which we all experience with Blackbird which has an incredibly exciting presentation to give yet no interest whatsoever in the market. “For smaller companies, low share liquidity, a share price that barely responds to positive news — but overreacts to negative news — and a perceived structural dislocation of the share price from fundamental value all call into question the merits of being listed.â€￾ “He expects that most sectors in the small-cap sphere will see takeover activity next year. Technology and media companies are most vulnerable to being taken outâ€￾

For anyone interested, here is a youtube video (dated April 2024) showing how frame.io works. hTTps://news.adobe.com/news/news-details/2024/adobe-introduces-next-generation-of-frame-io-to-accelerate-content-workflow-and-collaboration-for-every-creative-project Here are a couple of informative articles published at the time of the takeover. hTTps://devoncroft.com/2021/08/25/1-275-billion-analysis-of-adobes-acquisition-of-frame-io/ hTTps://www.videomaker.com/news/heres-why-adobes-acquisition-of-frame-io-is-a-huge-deal/

Anyone can talk whatever they want. Not everything everyone says is true, or realistic.Personally I'll be very happy with a £1bn takeover in 2026. Anything more is welcome! Each to their own though!

I don't think HB's timeline stopped at the point where he predicts £1 a share??"Tens of billions" is probably exaggerated. But seeing £1-2bn (whether organically or through takeover) seems entirely feasible to me, *if* our management play their cards cleverly. Imagine a scenario where we have 30,000 paying users and growing at 200-300% per year. I'm certain that a £1bn takeover is then within grasp.

There are three major milestones ahead... 1. Announcing 100,000 plus freebie users. 2. Launch of paying version. 3. Announcing 1,000 paying users. 1. I hope will be before end 2024 which should produce an sp around 12p. 2. is probably not likely before Mar '25 and could produce a spike to 30 to 40p. 3. may not take very long from launch, as the user-base should already be there. 1,000 paying users shows real growth potential and ought to consolidate the 40p price. Thereafter it's either lift-off or takeover, imo. So, £1+ is on it's way, but patience required.

You would take a £1 takeover all day. If share price got to 40p again most would be top slicing this time round. Not many would have the balls to hold out for a billion valuation which is around £3, and if they did it would only be with a fraction of their current holdings. I’ll be top slicing at 20p if we ever get back there. In the mean time I’ll keep topping up monthly all the way up to 10p.

What has changed your perspective, Nick? Previously you thought that BIRD would be taken over no later than three months after general release (BIRD banned the use of the word 'launch') of elevate and you also repeatedly maintained that elevate couldn't go it alone. Nothing wrong with changing your mind, but I am just interested in the reason. For what it's worth I think elevate will be a success for shareholders even without a takeover. It doesn't need a massive number of premium subscribers. The extent of the success (from a shareholders perspective) will of course depend on how easy it will be to raise funds and at what level next year i.e. the extent of dilution if the Company reaches that stage before a bid. The hope is that user numbers will grow very significantly and the share price will reflect that when the times comes for funds to be raised.

Ortega and bisho4 Maybe the appointment of the NEDs suggests,that at the time of their appointment, we were planning being on our own for the foreseeable future. However, if that was the case, as the detail of elevate's offering becomes clearer, it could conceivably change at any time. On the other hand, I think it is the case that the NEDs haven't declared that they have bought any shares (I believe they were granted options), which seems unusual with the current share price being so low, and their enthusiasm for elevate being high. The reason for not buying could be that there are discussions taking place with one or more possible takeover candidates. Only time will clarify all this!

horneblower I agree with you in some respects. It's important to balance the effort with the financial benefits. I think making the UK government aware of our potential for the UK economy is important. We have gained all the R&D tax benefits over decades, it makes sense that the government know that we are about to takeover the global video editing and viewing scene, and if they can offer some support over the final hurdle it should be much appreciated.

"Nothing goes up in straight lines " It can do, if we get an exponential growth in users until January, followed by a takeover approach. Anything can happen.

I have a modest position in APTA, it’s highly speculative imo, but could be a multibager, or a takeover candidate.

Yawn. That’s not exciting news. Exciting news would be 5000 paying customers per month on elevate.io, or a takeover at 40p +

I’m trying. I’ve just bought way too many, and I’m scint, so feeling the pain. Plus this is the least confident I’ve been since owning the shares. Always had hope with the likes of Tata, EVS etc, but they all failed, so really feels like last throw of the dice. There’s just so much competition out there with the likes of Capcut etc. Can’t see how they are going to get 100’s thousands of paying customers. So many free options now, and people moan about paying subscriptions. I’m just praying for a takeover. 28p would do me, as I think the hopes of a billion pound valuation is just fantasy land. I still make good money at 28p, and the likes of Chelverton Asset Management would probably be happy to get their money back at that price.