Blockchain Worldwide Investors - BLOC

Blockchain Worldwide Investors - BLOC

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Stock Name Stock Symbol Market Stock Type
Blockchain Worldwide Plc BLOC London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
0.00 0.0% 3.50 01:00:00
Open Price Low Price High Price Close Price Previous Close
3.50 3.50
more quote information »
Industry Sector
NONEQUITY INVESTMENT INSTRUMENTS

Top Investor Posts

DateSubject
02/11/2019
07:34
avengers2001: Whether you're a savvy investor, a blockchain diehard or someone who is just interested in learning more about this pivotal technology, there are hundreds of events out there. Finding the perfect blockchain event to attend can be challenging. This directory aims to help you find the right blockchain event to attend hxxp://www.blockchaineventslist.com/
12/9/2019
08:48
tullynessle: A lot of detail in yesterday's WATR RNS - copied below. https://uk.advfn.com/stock-market/london/water-intelligence-WATR/share-news/Water-Intelligence-PLC-Strategic-Investment-and-Pa/80708501 Water Intelligence PLC Strategic Investment and Partnership 11/09/2019 3:17pm Strategic Investment and Partnership Water Intelligence plc (AIM: WATR.L) ("Water Intelligence" or "Company"), a leading multinational provider of precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water is pleased to announce a strategic investment in and technology licensing partnership with Entertainment AI Plc ("EAI") (the "Strategic Relationship"). The Strategic Relationship announced today enables Water Intelligence to accelerate its commercial strategy with insurance companies and participate in the fast-growing $13 billion market for "Insuretech" products to minimize water-related claims as underscored in the 2018 Annual Report released in May. EAI uses proprietary artificial intelligence and machine learning technology to enrich YouTube-length video in order to, among other things, enable consumers to purchase products, such as water monitoring devices, from the video. An example is currently being displayed on the Water Intelligence web site at www.waterintelligence.co.uk. Water Intelligence had previously announced this strategic direction in January 2018 through a technology partnership with EAI's subsidiary, Tagasauris, and Flo Technologies (now FloMoen), a Los Angeles-based water monitoring product company. EAI is being formed by the acquisition of the Entertainment AI group of companies, comprising Entertainment AI, Inc, GTChannel, Inc and Tagasauris, Inc, (the "EAI US Companies") by Blockchain Worldwide plc ("BLOC"), which was announced today. BLOC has also announced a conditional oversubscribed placing and subscription, including the strategic investment from Water Intelligence, to raise gross proceeds of approximately GBP8.6 million. Subject to, inter alia, BLOC shareholder approval, admission to trading on AIM and completion of the Company's investment is expected to complete on 30 September 2019. At the time of, or prior to, admission BLOC will be renamed Entertainment AI plc. The Strategic Relationship will have the following components: (i) GBP415k investment into EAI effective at admission to AIM of EAI; (ii) a global, royalty-free license to EAI technology for the field of use of sustainability and home services audiences in respect of water and infrastructure; and (iii) rights, including a Board observer and certain information rights, for so long as Water Intelligence holds 2 per cent. or more of EAI's issued share capital. Sumitomo Corporation of Japan, a global leader in digital media and an investor in water supply companies around the world, will also be a strategic investor and receive a preferred license. Other investors in the EAI IPO include existing institutional investors in Water Intelligence. Water Intelligence Chairman Patrick DeSouza is a substantial shareholder and a co-founder of the EAI US Companies and will serve as non-executive Chairman of EAI. Therefore the Strategic Relationship constitutes a related party transaction in accordance with AIM Rule 13. The Group's independent directors, being Michael Reisman, Laura Hills and David Silverstone, consider, having consulted with its nominated adviser, WH Ireland Ltd, that the terms of the Strategic Relationship are fair and reasonable insofar as its shareholders are concerned. In addition, Laura Hills, Vice Chairman of Water Intelligence, and Akiko Mikumo, Senior Independent Director of Entertainment AI, will lead any discussions relating to possible future related party matters between Water Intelligence and EAI, consulting the relevant company's nominated adviser and obtaining approval from the Independent Directors of each company. Water Intelligence's interim financial report will be issued later this month and further details of the Strategic Relationship will be detailed in the report. The Company continues to perform strongly on its multinational growth plan. Executive Chairman, Dr. Patrick DeSouza remarked: "Global market demand for complete solutions to water loss from leakage - both services and products - is strong and only growing. We are well-positioned and continue to deliver on our articulated plan. We believe our strategic partnership with EAI will enable us to scale more rapidly with a complementary e-commerce, go-to-market plan that complements our physical operations across the United States and in the UK, Australia and Canada. Our technology reinvestment to build our brand profile as an innovation company continues to progress and will be enhanced with the introduction of an owned and operated YouTube site for sustainability issues. We are on a mission to transform the water infrastructure services market around the world and seek to lead the Insuretech movement."
12/9/2019
07:24
still waiting: Not often you see a cash shell transform into a potential ai media giant with rapid growth and a strategic investor like this.. https://en.m.wikipedia.org/wiki/Sumitomo_Corporation
11/9/2019
20:28
tullynessle: Re Post 1644 Sumitomo Corporation, Water Intelligence and Tagasauris, Inc mentioned. Extract: "-- Strategic investors, Sumitomo Corporation and Water Intelligence plc to drive near term SaaS opportunities for use of EAI Group software" https://uk.advfn.com/stock-market/london/blockchain-worldwide-BLOC/share-news/Blockchain-Worldwide-PLC-Proposed-Acquisition-Fun/80708498 Blockchain Worldwide PLC Proposed Acquisition, Fundraising and Admission 11/09/2019 3:16pm Blockchain Worldwide plc (LON:BLOC), is pleased to announce that it has conditionally agreed to purchase the entire issued share capital of Entertainment AI, Inc, GTChannel, Inc ("GTC" or "GTChannel") and Tagasauris, Inc ("TAG" or "Tagasauris") (together the "EAI Group"). News Release continues........
11/9/2019
20:24
tullynessle: It may be worth researching involvement by Sumitomo Corporation, Tagasauris and Flo Technologies further...... Extract: "•€€€€Technology reinvestment advancing during Q3 o Commercial roll-out of proprietary sewer diagnostic product in UK and US after UK acquisition and investment during 2018 o Q3 investment in e-commerce and video display technology along-side Sumitomo Corporation investment and commercial launch in Q4 after previously announced demonstrations in Tokyo during Q1 and prior development work with Tagasauris and Flo Technologies during 2018" http://www.waterintelligence.co.uk/wp-content/uploads/2019/09/RNS_Number_1660I.pdf Water Intelligence plc Trading Update 1H 2019 Water Intelligence plc (AIM: WATR.L) ("Water Intelligence" or "Company"), a leading multinational provider of precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water is pleased to provide a trading update for the first half of 2019. Interim Results for 1H 2019 will be published in mid-September. Update continues....... ============================================ http://www.waterintelligence.co.uk/rule-26-investor-relations/documentation/announcements-in-last-12-months/ Announcements in last 12 Months - List
11/9/2019
16:17
still waiting: Rodger Sargent, CEO, said: "The wait has been worthwhile. AI is the future of entertainment technology and Entertainment AI is an innovative industry leader with ambitious plans. Their unique Artificial Intelligence technology allows frictionless purchasing directly from video. We believe this will be a game changer. Under the stewardship of Pat DeSouza, and the backing of several leading UK institutional investors, we are confident that Entertainment AI will generate significant shareholder value." Dr Patrick DeSouza, Proposed Non-Executive Chairman of Entertainment AI plc, said: "Entertainment AI comes at the right time. We are now in a video-first world where audiences not only seek to discover, consume and share short form video but also to fulfil their intentions in the moment through purchase behaviour. Instagram announced its beta test with brands last March to enable purchase behaviour seamlessly from pictures. The ViacomCBS merger in August only reinforced the rapid transformation of the marketplace as telecoms, content and technology sectors converge. We are excited and ready to establish a leading media platform with a world-class board, strong management team, cutting-edge technology, content and a rapidly growing global audience. We appreciate the significant support of high-quality institutional investors and global strategic partners which places our post IPO operating plan on a strong footing."
11/9/2019
16:12
still waiting: deal done at 3.75p, at least we'll be trading with an entity. still digesting.. Total video views across EAI Group of 8.5 billion in 2018; 6.4 billion in 1H19 -- Significant opportunities to accelerate the growth of the EAI Group through leveraging the EAI Group's technologies allowing the Company to position itself at the forefront of the "Third Wave" of TV -- EAI Group technologies, combined with existing content and audience of GTChannel, will enable additional and deeper revenue streams for the EAI Group, focused on enhancing viewer engagement and interaction -- Strategic investors, Sumitomo Corporation and Water Intelligence plc to drive near term SaaS opportunities for use of EAI Group software -- Strong management team backed by a Board with strong industry and governance credentials
04/9/2019
07:17
kirk 6: Very nice Jon Hale, Chairman of Blockchain said: "This is a tremendously exciting period for the Company. The team has worked tirelessly post the disappointment of the aborted Chorum acquisition and has progressed the acquisition of Entertainment AI Inc., an artificial intelligence and machine learning focused company operating in the media space.We have been pleased with the positive investor interest and I look forward to updating the market with further information about the Company and its prospects in early September with a clear view to demonstrating significant shareholder value in the near-term."
04/9/2019
07:12
phil1969: Sounds promising. We have been pleased with the positive investor interest and I look forward to updating the market with further information about the Company and its prospects in early September with a clear view to demonstrating significant shareholder value in the near-term."
24/5/2019
08:05
football: News Blockchain Worldwide Shares Suspended On Offer For Entertainment AI (ALLISS) Alliance News23 May, 2019 | 4:17PMEmail Form LONDON (Alliance News) - Blockchain Worldwide PLC said Thursday it has made a non-legally binding offer to acquire artificial intelligence firm Entertainment AI PLC. Blockchain Worldwide didn't provide the value of the takeover offer but said the acquisition would constitute a reverse takeover under AIM listing rules, meaning the target is larger than the acquirer. Blockchain Worldwide has a market capitalisation of GBP1.4 million. Shares in the technology investor were suspended with immediate effect, due to the reverse takeover, last quoted at 3.70 pence. The acquisition is subject to due diligence and entry into a legally binding agreement, as well as shareholder approval. Blockchain Worldwide said that there was no guarantee that the acquisition would be completed, and gave no indication of a likely completion date. http://www.morningstar.co.uk/uk/news/AN_1558624643532123500/blockchain-worldwide-shares-suspended-on-offer-for-entertainment-ai-(alliss).aspx
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