Insig Ai Share Discussion Threads

[kumbuka] 14/5/2024 11:27

Insig AI plc (AIM: INSG), the data science and machine learning group, announces that Richard Bernstein, Executive Chairman of Insig AI has subscribed for 500,000 new ordinary shares of 1 pence each in the Company ("Ordinary Shares") in connection with the Funding Facility announced on 4 April 2024.
Share Subscription
The Ordinary Shares have been issued at a price of 20 pence per share raising gross proceeds of £100,000 (the "Subscription Shares"). The subscription price of 20 pence per share represents a 29.0% premium to the closing share price of 15.5 pence on 1 May 2024. Following the issuance of the Subscription Shares, Mr Bernstein's shareholding is 21,205,380 Ordinary Shares, which represents 19.3% of the Company's total voting rights. After the issuance of the Subscription Shares, £100,000 remains available for draw down under the Funding Facility

[kumbuka] 14/5/2024 11:26

Insig AI plc (AIM: INSG), the data science and machine learning group, has been notified that, Richard Bernstein, Executive Chairman of the Company, has purchased 100,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 14.0 pence per Ordinary Share (the "Purchase"). Following the Purchase, Mr Bernstein's shareholding stands at 20,705,380 Ordinary Shares in Insig AI, which represents 18.94% of Insig AI's total voting rights.

[kumbuka] 14/5/2024 11:21

No reason for this sell off other than blind panic. Our Chairman has put his money in well above this deflated share price and I have as well at this rock bottom price.

[judijudi] 14/5/2024 11:09

Is imminent closer than very late stage?

[banshee] 14/5/2024 10:49

We don't know what part the advisers may have played in setting up the trials/potential deals with the big 4 accountancy firms both of which could potentially lead to multi million recurring revenues, or indeed the 2 currently AWOl deals mentioned in April,

The ongoing failure of the dog to bark ie chairman buying, makes me think that the first deal is now imminent.

[judijudi] 14/5/2024 10:16

What’s the rsp like shrewd?

[judijudi] 14/5/2024 07:34

Well the specialist advisors on their 100,000’s share allocations have worked wonders haven’t they 🙈🤦🏻
The CEO needs to go as it’s looking like he’s useless (imho)
And he’s not supported the company by buying many shares has he (always a bad sign)
All in my opinion

[pj 1] 13/5/2024 18:36

INSIG AI

Successfully blowing up wealth since 2021.

[pj 1] 13/5/2024 17:30

ca·pitu·la·tion
[kəpɪtj50;ˈleɪ43;(ə)n]
noun
the action of ceasing to resist an opponent or demand:

It is easy to argue that the share price has capitulated since RTO, being a whopping 80% down.

Those suckered in to the RTO now need 450% uplift just to break even, factoring in high inflation and its much worse. Disgraceful.

Single figures coming.

[banshee] 13/5/2024 15:40

Capitulation is normally accompanied by high volume, the recent fall was started by a big seller last week but has developed a momentum of its own as often happens, lack of any buying by RB could be construed as implying news is imminent ie this week or next, if you are an unreconstituted optimist.

These two contracts are presumably independent so the delay in both seems strange, the April release also implied there were other smaller contracts in play.

Having said that the delay so far is still within the expected boundaries for small co without an inhouse legal team dealing with bigger partner, but if we don't get something this month ......

[judijudi] 13/5/2024 15:05

Share price capitulation not number of sales
Read slowly

[ltinvestor] 13/5/2024 13:42

I wouldn’t say that £25k of sales is capitulation..!

[judijudi] 13/5/2024 13:25

Share price capitulation looming by the looks of it
Been coming hasn’t it with the lack of the vaunted contract wins
imho

[pj 1] 13/5/2024 13:24

I wouldn't surprise me if a vote of no confidence emerges as they continue to fail to hit just one of their self set targets" in short order"

[the cronk] 13/5/2024 12:23

This looks like another doomed AIM tech play.

Funny how some posters seem to follow these stocks, always supporting them, Bidstack springs to mind.

[judijudi] 13/5/2024 11:53

Folk have had enough of the utter huff puff and guff type garbage that we have been fed from the company for years!
imho

[judijudi] 13/5/2024 06:57

😂😂
pmsl

The only thing that will counter any negativity is the company signing decent sized contracts and not being the cash draining and underperforming Dog it has been since inception!

[hazl] 13/5/2024 06:42

His support for INSG is to counter you and your friend's negativity.
That's the way I see it.


BWDIK.

[hazl] 12/5/2024 22:13

From what I have seen kumbuka supports the stock.

Not the action of a troll.


imo

[pj 1] 12/5/2024 20:44

shrewdmole. who are these ''few trolls'' that you refer to?

kumbuka is one so who are the others?

[shrewdmole] 12/5/2024 19:34

Church

I was in hurricane and he delivered against far more odds than a few bb trolls.

I think I will check in again in a short while and see very different posters.

[hazl] 12/5/2024 10:25

Well put churchharbour.