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BLOC Blockchain Worldwide Plc

0.00 (0.00%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Blockchain Worldwide Plc LSE:BLOC London Ordinary Share GB00BYX8HX04 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 3.50 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 3.50 GBX

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Date Time Title Posts
10/6/202006:24Blockchain Worldwide1,677
10/9/201817:30Poor so far3
01/3/201813:20block charts26

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Posted at 13/9/2019 16:14 by tullynessle
GTChannel website


GTChannel on YouTube [369,000 followers]

w/ Short video


RNS Number : 2991M


13 September 2019



"It has agreed to acquire each of GTChannel, Inc. ("GTC"), Tagasauris, Inc.
("Tag") and Entertainment AI, Inc. ("EAI")."
Posted at 12/9/2019 08:48 by tullynessle
A lot of detail in yesterday's WATR RNS - copied below.

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 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."
Posted at 12/9/2019 04:24 by lazygun
So, we’ll have a company with a mkt cap nationally of around £10 million.

Existing blockchain shares in issue : 36000000, consolidated to 3,000,000.

Then add on the (16351102+3472222) gives 22823324 total new shares.

H1 2019 revenues of around £7.25 million gbp ($8.7 million @$1.2 rate).

107% ncreasse on previous (1 revenue..

I reckon price will drop to low/mid 30’s on opening sessions, but then once people realise th growth trajectory it’s on, it will then rise well past 45p

I had hoped they would get a share price much higher, but on ths surface, the company and its backers sound like a solid long term prospects....

Overall, I’m looking forward to seeing how this plays out medium term...I’ll be maintaining my holding, and adding on any weakness...

Posted at 11/9/2019 20:28 by tullynessle
Re Post 1644

Sumitomo Corporation, Water Intelligence and Tagasauris, Inc mentioned.


"-- Strategic investors, Sumitomo Corporation and Water Intelligence plc to drive near term SaaS opportunities for use of EAI Group software"

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........
Posted at 11/9/2019 16:15 by still waiting
looks a good growth engine to me, will try and get some more at relist price if possible.
Posted at 23/8/2019 16:48 by k1ngkonggb
I might have won the lottery by the time that Bloc release any news!!! :)
Posted at 08/5/2019 09:23 by football
Crypto the share price it did this last time when it got suspended, the share price went up and then fell back a little as people on the inside had bought they shares and just before the suspension news leaked and it rocketed

As most here this is a dragon dens stock your investing in the two people and their track record hoping that they can do it again

Or it's a lottery ticket stock not for widows and orphans and only money you can afford to lose

Posted at 07/5/2019 23:20 by niggle
Kirk 6

There are only 2 possible scenarios and before you try and teach me about shares again, I do have a holding here. I believed they were going to invest in blockchain. I hold a lot of crypto / a lot! Bitcoin & Binance Being my biggest holdings. So...

1. People see the word blockchain and just buy. Regardless. In which case they are stupid and it’s pure pump & dump.

2. There is a deal in the offing that we don’t know about. So a few insider trades pushing the price up.

Either way it’s pure speculation. Don’t get me wrong, I want it to rise, but not on hot air.

If it’s - 1. It’s laughable.

If it’s 2, then we are betting on the fact that whatever investment they have made is worth more than they have paid for it. Oh, hang on, also laughable.

There is no business here!
Posted at 31/1/2019 09:16 by aidenabettin
BLCC suspended sector? BlockchainBLOC suspended sector? BlockchainTSI share price on it knees sector? Blockchain.Https:// not rocket science.For clarity im locked into BLCC and BLOC and a shareholder of TSI
Posted at 22/5/2018 20:59 by moneymunch
Microsoft investing heavily in blockchain, far beyond bitcoin

Stefano Tempesta, regional director for Microsoft in Switzerland, spoke to IGTV’s Victoria Scholar at the Global Blockchain Innovation Summit in London about how Microsoft is investing in blockchain.



Victoria Scholar g+ ;@VictoriaS_IG
Market Analyst, London

Tuesday 22 May 2018 12:30

Microsoft's investment surge in blockchain

The rapid growth of cryptocurrencies and the hysteria around bitcoin has drawn attention to the technology that underpins it: blockchain. Beyond this, however, most people know little more about the new distributed ledger technology. According to Research and Markets, the global blockchain market is set to grow to just over $8.68 billion by the end of 2024, from $212.12 million in 2016. This month, IG attended the Global Blockchain Innovation Summit in London to learn more about blockchain. Microsoft, Deutsche Telekom, Dell EMC, Bank of New York (BNY) Mellon and ;IBM were among the major companies to send delegates. The event’s organiser, Corporate Parity, says:

‘The next great disruptor, blockchain, is seemingly here to stay. Not only is it here to stay, but it is set to dramatically alter our lives in the very near future. Likened to the advent of the internet itself, blockchain technology has the power to transform how we do everyday tasks, reinventing economics and the exchange of information as it does so.

From healthcare and government to insurance and retail, blockchain will directly impact industry, affecting both customer and supplier. While the true potential of blockchain has yet to be fully explored or exploited, the time is fast approaching. Before we know it, this simple, yet crucial, technological advance will change the game for good.’

Microsoft is among the pioneers in the blockchain space. This month, the technology giant launched a new product, the Azure Blockchain Workbench, which is a new developer tool created to make it easier to build blockchain applications. Nestlé and 3M are among the notable companies using Blockchain Workbench so far. Microsoft says it helps businesses to get up and running quickly, build applications in days, not months, and easily integrate blockchain workflows with existing systems. Stefano Tempesta, regional director for Microsoft in Switzerland, says blockchain is a significant space to watch and he sees its application going far beyond cryptocurrencies.
Blockchain Worldwide share price data is direct from the London Stock Exchange

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