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TLWillians
Agree things about to warm up here.
GLA
TrekMadone.
I have been invested in this stock for around five months, and although there has been no significant news of late, I have learned sufficient to believe that this company could well be the jewel in Trevor Brown's crown. Like you, I have formed an opinion that IQAI will eventually be up for sale. I have no evidence for this, however. Bearing in mind what I have read, I believe that it is currently undervalued, and will definitely keep my shareholding through thick and thin. I have no real idea what the true value of the company is, but have placed a sell order - currently @ 20p - to allow for spiking. I would be happy to sell at that price, although I have read several opinions that it could well be worth more. Regards.
Kainos.
Thank you for that "historical" video link, which I hadn't seen before. Trevor Brown's clear and down to earth attitude to his investments impresses me. Too many have a poor opinion of him, although he has presented several opportunities for investors to benefit from his companies. Like all other investments at AIM level, it is a matter of timing. The CEO of a company is not to blame when it is the investors themselves who take the decision to buy shares in the company. Regards.
Hi TrekMadone
Fantastic company big fan.
Got a small starting position this week and will look to build next month as funds permit.
Agree this is going to come good as TECH too good
Cheers and GL sir
Ha Kainos, I am banking this is the ‘dark horse!’
Hi Nolupus,,
No updates - there are none. De facto anything market sensitive has to be RNS’d. Then there is RNS reach. That’s a non market sensitive update on the same media. It’s use is open for interpretation. TB has deemed nothing to update.
I am seldom surprised. Like you I am battle hardened but I don’t think he is deliberately allowing the SP to slide. I think that is a consequence of another action.
Imo we are for sale.
TB has a pf to handover to his inheritor and will cash in his ‘dark horse’. He is just getting it ready. I expect some timely news soon.
Love him or loathe him he has a winning formula, a clarity of thought and purpose. A typical single minded entrepreneur. You only have to read some posts here to recognise that!
Love and money? No love just money!
Trek
"Horses in a Race" interview - interesting stuff.
https://www.youtube.com/watch?v=22pS6R78DUI
I can't figure out why is it in TBs interest to let the SP slide. He has got a near 30% stake, so would have thought he would have favoured the opposite
TRek,
As an observer of TB tactics , one has to ponder why no pump from him here ..
Logical answer , He is not a seller
Why no updates ?
Either there are none to give ( possible )
Or
He doesn’t want the SP to move up but to slide ..... ( probable )
Doesn't really matter which way round he did it and of course, repayment of a loan is a "net cash balance" to TB - did you expect him to rip up the loan agreement?
TB sold 16million shares in December 20! Then converted his CLN back into shares to stay at 30%
Fair point Nolupus,
I am aware of the CLN’s but they have resulted in a net cash balance to TB.
Our last RNS was over 2 months again now. For sure the US hospitals may have had other priorities with covid again but where are we with the Phase1. Too many known unknowns here.
Imo the absolute lack of news points to a sell. I can’t think of any other reason why news would be held back other than CBA’d which is not in TB’s dna.
Here’s hoping, as I have little else to go on, that there will be a decent update soon.
Trek
Yes, that thought had crossed my mind - suppose it depends on the time gap between his last sale there and the placing decision but defo a bit close to the wind!
The sales have only ever been the repayment of loan shares from 2015 CL agreement - hence 30% unchanged along with the 5.5% of MS
He seems to mess about with BRH and RMS but not here - at 11m mcap, probably why.
https://www.imagingbiometrics.com/iq-ai-ltd/?zn_pb_edit=1%2F#eluid87d71e9b
Trek ,
With all due respect , I can’t see any Tr-1 from any TB sales here ...
He has always stayed around the 30% level as far as I can see .
He sold lot’s of BRH not so long Ago at a much higher SP and has now got back his shares at a measly 18p
I cannot understand how this is not classed as insider trading tbh ...
Looks like TB used the funds from selling here to take part in the BRH placing.
Hope his focus returns to us now. I added a few at 6.5ish to average down as from experience the quiet times have proven to be the best times to buy here.
Hope I don’t regret it as the lack of any news will not tempt in new money.
Trek
Your posts are very negative across a good few shares Senator. Are you getting enough daylight?
Senator.
Don’t know about you but I’m feeling greedy again : )
If it’s so good then the cash register should be going caching caching $$$$
Iqai tweet
Nice feedback received from a neurorad regarding features in the latest release of
@IQAI_IB
Software (IB Neuro) - "The PSR [percent signal recovery] maps look awesome and I love having them".
https://twitter.com/IQAI_IB/status/1425450157890588679
The CLNs arose from a legacy corporate event in March 2015. The remaining few are around because he agreed to extend the deadline in the interests of the company.
2019 raise was a placement of 5m shares by Peterhouse in Oct 19.
Bit of research dispels this silly myth of TB being untoward.
IQAI fundraises are "personal" loans from TB and he receives CLNs which he cashes in at Xmas!
TB knows what he is doing ... but yes, its frustrating ...
the science is good and the company is being recognised more & more.
i get the feeling that he is VERY hands-on
he will never drop below 30% ...
he is 75 years old now - maybe he is working on the elixir of life? who knows ...
hold and wait, wait and hold ...
-- BB --
Nah - if you read some posts, its peeps paying their bills and / or succumbing to the low volume summer market malaise.
The volume is derisory.
$3m in grants and a mother of a patents a few weeks ago should give comfort.
https://www.healthimaging.com/topics/ai-emerging-technologies/gadolinium-contrast-ai-software-us-patent?utm_source=side_panel_home&utm_medium=side_panel_ai_in_healthcare&utm_campaign=side_panel_traffic
Value?
Does anyone really think that a 75 year old holding 30% of the company - whose smart - is going to accept 6.5p?
He's looking for a whopper payout - not drip feeding sells at this price - that's the peeps here reading this !
A few need to get a grip - or move on if its all too much
I fail to understand what is going on with this business? Until recently, when there has been virtually no news, all seemed positive with the company, its products and its future aspirations.
None of this has gone away. The company’s immense potential remains as before.
Consequently, why does its MCap/share price continue to decline - recently on a daily basis? It is as if someone has an agenda and is deliberately selling in order to reduce the share price. Much has been spoken about the CEO and his past manoeuvres. He owns around 30% of the company. Surely he wouldn’t deliberately act in a way that would reduce the value of his investment?
I am puzzled at what is going on. My patience is growing thinner by the day, although I still think that sales of the company’s products could well result in an appreciable gain to my investment in the future.
Given what they have here, if this drop is due to a placing then I will LOAD UP if that happens.
GLA
30% down on this one. Normally I would have topped up, but have enough invested already, and am slowly loosing patience. C'mon give us some good news for once.
It’s peeps who have bills to pay selling at the mercy of the mms.
Even before the 140k sell, it was 7.2 to buy 130k
Over 15% difference lol
It’s their money I suppose. But with free float less than 100m, this is what you get
Perhaps TB is walking this down, at just over 11 million perhaps he wants to buy us out, he knows the tech, and he knows the future, with it so quiet on the news front is this a perfect opportunity for him to take us out. GLA