Engage Xr Share Discussion Threads

[retrostat] 19/11/2024 16:43

Excellent post and video from CEO David.https://www.linkedin.com/posts/davidwhelan1980_education-artificialintelligence-xr-activity-7264618845296803840-RjIA?utm

[corrientes1] 15/11/2024 08:14

What are the chnaces of this one still being aound in 12 months time I ask myself.

[retrostat] 25/10/2024 09:20

https://www.businesswire.com/news/home/20241022558947/en/Meta-Quest-Announced-As-Back-of-Shirt-Sponsor-for-Wrexham-AFC-and-Wrexham-AFC-Women

[retrostat] 25/10/2024 09:19

https://www.theshortcut.com/p/meta-quest-3s-review

[corrientes1] 25/10/2024 07:26

Thank you for that.

I won't sell then, and if I did the present embarassment would simply become reality !

[retrostat] 24/10/2024 14:47

The cost of the headsets required has been a big prohibitive factor. I am hoping the new Meta Quest 3S headset will help significantly in this regard. The Quest 3S capability and relativity low price point hopefully could improve viability and create a large increase in the uptake of VR/AR generally which could also help boost Engage licence numbers. Full colour pass through for example at that price seems like a big leap forward. Internet speeds are increasing, the hardware is becoming more capable and coming down in price, also Engage seem nimble to adapt to the latest developments like AI integration and AR pass through. Hopefully there is an inflection point in the not too distant future. Fingers crossed for break even and beyond.

[corrientes1] 24/10/2024 13:31

The products look attractive but will anyone ever buy them in meaningful quantities if they're not commercially viable ? So far this seems to have been the case. I'm waiting on them announcing the 'must have' moment to change perceptions.

[retrostat] 22/10/2024 11:51

https://youtu.be/WE78_OLsxFk?feature=sharedMeta's Llama as shown above on the Engage XR platform looks very impressive. An interesting comparison to OpenAI's chatGPT. Llama response style to the question seems more natural/human and also faster in the video. Interesting read in the video description.

[shortcpx] 19/9/2024 07:40

This is the PYC of tech companies. Lots of small contracts to pay the bills. Treading water

[investorace1] 13/9/2024 13:23

0.75p paid and flying

Well done all who held

Cash on hand is around 50% higher than MCAP lol

[investorace1] 11/9/2024 16:53

News due and this will be 1p and away. Directors paid 1.90p in April

[babbler] 11/9/2024 08:36

Likely cancord killing the price with their big holding being sold down.

[yasx] 11/9/2024 08:27

Price drifting again….

No favourable news on the horizon, that is fairly clear. I asked several months ago if there was any actual meaningful business here that warrants a listing - think that question has been answered.

[sclper] 10/9/2024 13:28

There's an interesting video about it in the article that I just provided a link for

[sclper] 10/9/2024 13:24

From the recent trading update:'In the period, the Group also extended its existing relationship with a world leading private educational provider InspiredED signing a mid-six-figure contract for the delivery of education licenses to a small percentage of their 80k students globally. This represents a 10x growth in contracted revenue with this client on the ENGAGE platform as they seek to expand their immersive learning initiatives on a global basis.'https://www.inspirededu.com/news/inspired-education-expands-virtual-reality-and-metaverse-pilot

[sclper] 10/9/2024 08:10

I just took a position.MCAP is well below cash so the business valuation is currently negative which is crazy.There's no placing to worry about as there is still a long cash runway.The company just needs to announce some decent orders to get the share price on track. There's also a decent chance of the company being bought at a big premium to the current level. The directors are very large shareholders so well aligned

[corrientes1] 10/9/2024 07:24

The business is to keep on paying the Directors until all the money (and therefore the company) runs out.

[yasx] 10/9/2024 07:18

A placing at 0.5p perhaps? Ongoing daily drift lower…..

[yasx] 29/8/2024 18:59

Is there an actual business here? All the Co appears to suggest is that things are going swimmingly well but the bottom line continues to worsen.

[corrientes1] 29/8/2024 10:08

Well on the way to going bust, sorry to say.

[corrientes1] 13/8/2024 11:11

Well. you'll know all about scamming LOL. How much have you lost on this one ?

[scammersbewear 1] 13/8/2024 10:56

total scam dont get drawn in

[hamidahamida] 09/8/2024 06:50

Todays RNS means company is getting ready and preparing the ground for the next Discounted Placing Fully expecting the company to announce in coming weeks and months some pumptastic RNS's leading upto Discounted Placing

[retrostat] 06/8/2024 10:53

After the previous news in the 23 full year update of some enterprise client non renewals and delays, I found this latest update to be more positive than expected. It was good to read of the year on year growth in revenue for H1, showing resilience. The reduced loss of 1.8m in H1 with a cash balance of 5.5m should give adequate runway for the rollout starting next month of the new school of AI. Should be an interesting and well positioned offering given the shift in demand from enterprise use to education and training. Can the new AI integration bring the spark to the pipeline in H2?

[hamidahamida] 06/8/2024 07:40

Terrible results wasn't expecting that after they stated q1 was there best ever qtr They'll be needing money again Bargepole for now