Entertainment Ai Share Discussion Threads

[still waiting] 16/10/2019 08:09

Bids and iqai have no underlying revenue, eai does as it rolls out it's a.i

[still waiting] 16/10/2019 08:08

Market waking up.

Buys coming in.

[supertag] 16/10/2019 08:05

Sounds like we are doing rather well.

[still waiting] 16/10/2019 07:43

The next bids, iqai !!

Once market cottons on..

Not long.

[crypto_curse] 03/10/2019 07:38

I'll sell when i damn well please.

[still waiting] 02/10/2019 14:12

there is a business now..

sell if you don't like what they've rto'd..

[crypto_curse] 02/10/2019 13:50

Yep blockchain ww holders got totally shafted by this RTO. Unbelievable really. Wasted a year and a half holding a useless cash shell. Now even more down on my original investment. Thanks Hale and Sargent....for the really "significant shareholder value creation". Worthless shares right now.

[chrisfillyourboots] 02/10/2019 08:38

A poor start to life as EAI - where's the Dowgate Broker support especially with a Target Price of 82p or 2x current price ?

[metis20] 30/9/2019 10:12

Currently not possible to buy online with Interactive Investor. The II system does not yet recognise the EAI ticker on its trading page.

Minimal trading volume so far today suggests that others have a similar problem?

[still waiting] 30/9/2019 09:56

they've hinted at strong growth for Q3 so expect that might be the next news from the co.

[juju44] 30/9/2019 09:07

What was the consolidation? How many bloc in one EAI ?

[still waiting] 30/9/2019 07:06

30 September 2019

Entertainment AI plc

("EAI", "Group" or the "Company")

Admission to Trading on AIM

Strong Launch

Entertainment AI plc (EAI: AIM), a leading technology and media platform company focused on providing its global automotive and lifestyle audiences and its strategic partner audiences with real-time access, in a frictionless way, to "in the moment" opportunities from more relevant short form video content to "one-click" e-commerce, is pleased to announce its admission to AIM and initiation of trading as at 8am today. As set forth in the highlights, EAI is well-positioned along all business dimensions to occupy a leadership position in the coming "Third Wave of TV" as telecoms, content and technology sectors combine to capture a share of changing global market.

The Group's subsidiaries - GTChannel, Inc (audience and content base), Tagasauris, Inc (AI and machine learning technologies) and Entertainment AI, Inc (strategic relationships and data analytic technology) - have begun to execute the EAI business plan ahead of closing and AIM launch in order to gain a fast start on AIM.

A more detailed background to the Company and its capital formation is set forth in the admission document which can be found on the Company's website, www.entertainmentai.co.uk.

Highlights at Launch

-- EAI installed audience base of automobile and associated lifestyle enthusiasts growing rapidly

o 1H 2019 actuals - GTChannel subsidiary's MCN YouTube audience at 6.5 billion video views, up 88% (1H 2018: 3.4 billion)

o 1H 2019 actuals - GTChannel subsidiary's MCN gross advertising revenue at $8.7 million, up 107% (1H 2018: $4.2 million)

o Q3 audience and gross revenue continuing to grow strongly

-- EAI's AI and machine learning technology being integrated with GTChannel content and audience base and being tested with strategic partners

o Tagasauris working with GTChannel affiliated content creators and partners to test new "micro-moment" offerings for core growth plan

-- 70 million unpaid subscriber base available to monetize with premium offerings

o Complementary sales pipeline for software as service licensing initiated

-- Working with strategic partner Sumitomo to deliver a pilot for Rugby World Cup in Tokyo

-- Working with strategic partner Water Intelligence plc on pilot for Insuretech / home services market

-- Accomplished board, management team and board of advisors assembled to assist with corporate development (bios in Admissions Document and web site)

o Significant experience on AIM

o Significant public company leadership experience at Fortune 500 companies in media and technology

o Significant experience with global mergers and acquisitions and strategic licensing

-- Well capitalized at launch
o GBP8.6 million raised from strategic partners and UK first-tier institutions

o Oversubscribed offering

o Complete allocation of EIS/VCT offering along with non-EIS/VCT investment

Dr. Patrick DeSouza, Chairman of Entertainment AI stated, "We believe strongly that Entertainment AI can bring significant shareholder value and provide leadership in a new video-first world, where global consumers demand frictionless access to content and e-commerce opportunities. On behalf of the management team, we appreciate the leadership of Rodger Sargent and Jon Hale in creating this opportunity along with the Blockchain Worldwide shareholders. Moreover, we are both excited and gratified for the opportunity to work with a high calibre board and top small cap funds that one typically doesn't see come together at this stage of a company's journey. We aim high and to deliver."

[still waiting] 29/9/2019 11:21

That's a lot of minutes to potentially extract new monies from ?

[metis20] 29/9/2019 11:19

Hint of growth trajectory Admission Doc. p16

"Based on 1H 2019 actuals, GTChannel, through its MCN, catered to a global audience of automotive and lifestyle enthusiasts representing over 6.3 billion video views (12.6 billion on a projected annualised basis) and a network of approximately 10,000 short-form video content creators.

There are approximately 70 million non-paying YouTube subscribers across GTChannel’s MCN creator partner channels. GTChannel currently manages approximately 370,000 videos and provides for 54 billion watch minutes on a projected annualised basis (having generated 27 billion minutes of watch time in the first six months of 2019).

As discussed below, GTChannel’s principal revenue driver today is (Google-owned) YouTube ad revenue. In 2018, the GTChannel MCN generated US$11.4 million of gross ad revenue, (before deduction of YouTube and content creator commissions) an increase of more than 200 per cent. from 2017 matching the growth trajectory of the MCN’s video views.

Moreover, GTChannel has an Owned and Operated Site (“O&O”) and, following the merger, this site and its content offerings can be used to harness data derived from Tagasauris’ technology to provide other value-enhancing offerings for brands, sponsors and audiences."



See above link pp15-24 for -

3. INFORMATION ON THE EAI GROUP, ITS MARKET AND GROWTH STRATEGY

[metis20] 28/9/2019 18:13

Ticker - not surprisingly - EAI

[metis20] 28/9/2019 17:29

"New capital to be raised on Admission is expected to be c. £8.61 million.

Market capitalisation is expected to be c. £22.5 million."

Securities to be admitted: 49,957,876 ordinary shares of nominal value 12 pence each

Issue price: 45 pence

[still waiting] 28/9/2019 17:13

Having raised £8.6m gross on RTO and revenues building 50% in 6 months it should be interesting to see what current growth is running at.

Everyone wants to monetize their content better.

[supertag] 28/9/2019 17:06

Hope Monday gives us what we all wish for. Nice to be trading again.

[still waiting] 28/9/2019 16:12

!FOLLOWFEED


Brought to market via the RTO of Blockchain worldwide, already benefitting from explosive growth of ai being applied to entertainment videos on YouTube etc, a way of monetizing these short clips to allow in video purchasing.



Entertainment AI(EAI) is a technology and media group headquartered in Los Angeles with strategic relationships in the UK. The EAI Group includes two wholly-owned subsidiaries – GTChannel which combines a network of affiliated creators, a catalogue of streaming content and a global audience as well as, Tagasauris, an AI technology company that can deliver more opportunities to GTChannel’s ecosystem - that enable them to work together synergistically to unlock value for the creators, consumers and shareholders. The EAI Group’s mission is to be a first mover in a video-first world or what is seen to be the coming Third Wave of TV following the broadcast and cable eras. The Third Wave is marked by full mobility and interactivity with content 24/7 on mobile devices. We believe that this initiative will drive the market towards frictionless consumer journeys which will redefine the path to online purchasing. EAI, through leveraging the assets of its two subsidiaries, will be able to embrace the Third Wave by enhancing consumers’ experiences on video by providing frictionless access to a multiplicity of discovery opportunities, enabling video sharing among social communities and even fulfilling impulse purchases from what they see in the video.

As a result of the issue of the Fundraising Shares and Consideration Shares, upon Admission the Company's issued share capital will be 49,777,768 ordinary shares of GBP0.12 each. All of the Ordinary Shares have equal voting rights and none of the Ordinary Shares are held in Treasury. The total number of voting rights in the Company is therefore 49,777,768.

16/10/19 Trading update highlights
Q3 Operating Highlights:

-- EAI's wholly-owned media subsidiary GT Channel, Inc. ("GTC") continues to grow strongly - both global audience and net revenue

o Views and net revenues through 30 September 2019 both greater than for the whole of 2018

o YTD through 3Q actuals: YouTube audience base of automobile and associated lifestyle enthusiasts at 9.0 billion video views, up 57% (3Q 2018: 5.8 billion)

o YTD through 3Q actuals: Net Revenue $6.9 million, up 80% (3Q 2018: $3.9 million) (Net Revenue deducts YouTube commission on Google ad sales based on IFRS policy)

-- Gross ad revenue from global audience of $12.5 million at Q3

-- Number of unpaid subscribers who want more GTC content increased to approximately 90 million (1H19: c. 70 million)

-- EAI's wholly-owned technology subsidiary Tagasauris, Inc. ("Tag") is participating in a pilot with strategic partner Sumitomo to deliver an enriched audience viewing experience for the Rugby World Cup on Sumitomo's JSports network

o Update on Rugby World Cup pilot will be provided during November after completion
-- Running start on Q4 business launch and on implementing 2020-22 growth plan

o Product development of proprietary "Micro-moments Factory"

o SaaS platform development for strategic partner audiences to enable e-commerce and enhanced ad revenue (Sumitomo: sports; Water Intelligence: sustainability)

o Scaling technology business with EIS/VCT funding

Dr. Patrick DeSouza, Chairman of Entertainment AI stated, "We are now on our way post-IPO with follow-through momentum in terms of audience growth and ad revenue. We appreciate the confidence that our institutional funding partners have in our board and team as we deploy AI and machine learning technology to expand revenue channels with e-commerce and content sharing opportunities for audiences. With our strong capital base, a rapidly growing GT Channel YouTube audience, an Owned and Operated subscriber base, and two additional strategic partners with global audiences of their own, we have already baked the foundation for a strong close to 2019 and the application of investor resources for an even faster-growing 2020. We have an exciting journey ahead and are confident that we are coming to market at the right time as media, technology and telecoms converge to provide consumers frictionless sharing and e-commerce opportunities from short-form video content."