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Big LOL number 2.
I think you and Aiden must be the only people left on this planet that thinks bidstack has a future.
I bet even Draper realises the gravy train is over.
Couple more months of milking bidstack dry then done.
Lol shorters on post-close overtime. if it was finished you wouldn't still admit to be holding your shares - I expect you to sell up tomorrow & leave the board for good... except - there's money to be made here & you know it.
IP is worth far more than the current share price - any dilution at this level is almost irrelevant - additional funding with a clear revenue game-plan shoots this back up. Riskier of course, but far more rewarding to buy the lows - hey it's what I did with HE1 - i'll do the same here.
Yup, Bidstack are finished.
All that nonsense about the who's who of the gaming industry as board advisors. I knew that was total crap and meant nothing and so it proved.
TFLS - correct. They could not get a fund raise away.
Bidstack is finished
Hmm reloading commenced - fortune favours the brave.
Haven't they already said in an RNS that they can't raise cash through an equity fundraise? That was the reason Draper and Hau started the private company to see if they could raise money another way. And, when that failed due to Irdeto throwing their toys out of the pram, they were forced down the CLN route.
I'd say there's zero chance of them getting a fundraise away. Although Draper would dilute himself to oblivion in the process which might be the only positive!
Jarv - A 10m raise at at 0.2p would create 5 billion new shares...be sensible!
With the way bidstack has mismanaged (time and time again) I don’t see why any one would work with draper and Hau even if they took the IP private.
Would be proven shysters. How can you work with people you can’t trust
Cambridge you are assuming they can't get money from elsewhere they might do a raise
What this means is no one will work with Bidstack as they are still caught in an Azerion trap, and they will run out of money within 6 weeks and need to remove shareholders equity entirely.
Sep 2023
https://businesscloud.co.uk/news/bidstack-ceo-sets-up-private-firm-due-to-public-market-headwinds/
Financial update
The Settlement and new commercial partnership with Azerion was announced on the 22 December 2023. Payments totalling EUR 3m have been made by Azerion in consideration of both the full and final settlement to resolve all outstanding claims and disputes and the establishment and activation of a new technical and commercial collaboration between the companies. Both companies are moving forward collaboratively and will work together on a non-exclusive basis. Non-exclusive just means Bids can work with others.
I bet the assets (IP) are eventually sold to Draper and Hau's company.....No debt and the IP, and I guess a load of customers using the IP who need to continue using it ?
I can't understand why there's no update saying about the partnerships and azerion going forward, absolutely nothing. Norway and at least 3 other partnerships. Surely must be making something or something in the pipeline
"Bidstack and Azerion will move forward collaboratively following extensive discussions to settle all outstanding disagreements. We will resume working together in markets outside of the UK, USA, Canada, Australia, South Korea and Germany, to grow the in-game advertising market through Azerion's network of global and local brands."
Obviously reading between the lines and Draper's RNS history - I read this as total BS. in December.
Today we hear that the deal in non-exclusive - so basically Azerion will not bother - deliberately to get back at Draper and Bidstack. They hate each other - no way they are suddenly friends after Draper tried to shaft them. Azerion strategy of doing nothing much now as far as the "deal" is concerned to run Bidstack out of money and out of existence.
All the people who got excited on 22nd December LOL. I knew it was BS. Basically I use the very clever investing tool of not believing ANY words that come out of Draper's mouth - and assume that there will be caveats that unravel any RNS - but these caveats will not be realised by investors until another RNS further down the line. This has happens every single time with Bidstack. Every single time.
Classic BS play by Bidstack
ANyone know how much cash Azerion have?
James Draper, Founder/CEO, Bidstack said
"Bidstack and Azerion will move forward collaboratively following extensive discussions to settle all outstanding disagreements. We will resume working together in markets outside of the UK, USA, Canada, Australia, South Korea and Germany, to grow the in-game advertising market through Azerion's network of global and local brands."
Bidstack lost credibility years ago. Lies and BS kept the show on the road that's all.
I really cannot see Bidstack signing up any new clients after this news. They have more or less declared that they may not be around in a couple of months time. It would be a waste of time and effort getting involved with them, developing 'in game' adverts that may well never run.
Regrettably, when a company loses credibility it all goes downhill very quickly...ask Gerald Ratner...
But you are the one still stuck on your ‘game over’ pot. Live a little!
I’m not the one chucking good money at bad.
Where are you old fella?
What a complete PLANK!
You're going to lose all your money on this one.
You'd think at your age you'd have learned by now !
Will need further working capital in the short term. Cash runs out in in two months (End of March) at which time It may need to cease trading.
Ditto that - you’re in the same boat pal ffs lol
Hope the TW crew didn’t get too burned this morning on He1 - the bids news must have been a small sigh of relief. Won’t heal the gaping wound tho - best of luck and all that.
PJ was suggesting this stock over HE1 last week!!! Don't listen to this idiot about anything.
Hahahahahhahahaha
Good luck Helx 2.
Sounds like you are gonna need it.