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https://www.cbinsights.com/research/billion-dollar-artificial-intelligence-exits/
I reckon news within the next two weeks - specifically between Sept 3 & 5th. The reason? I wait all year and this would be the least convenient time possible :)
Yawn
Not sure brexit will have any bearing on a decision here.
I wonder if they are waiting for brexit date before anything happens. If a deal of sorts is reached, RTO proceeds, and if no deal it's cancelled.
True. Let's hope we don't all expire of old age in the meantime.
Well we will have to wait and see won’t we. The higher the price the better it is for everybody.
This is main market not Aim
Yeah but they might add 200m shares. Obviously Entertain AI's board want their cut, plus they have to raise money via a share sale. It's not exactly going to relist with the same shares in circulation. I reckon there will be 150m shares minimum.
10p, no thanks.
With only 30m shares at present and a possible £20m plus business I hope for better than 10p.
Some investors have up to 16p holdings :/
They've had 3 months on this already, plus the time they had before they announced. Before that, there was 3 months with the chorum rubbish. In total, 1.5 years so far. RTOs are meant to b quick. Otherwise why not IPO, as ive said b4. Personally, I'm broke too. Want my money back from this c**p. So please can it relists some time this century at 10p. We deserve at least that after this painful wait.
They said they would pass it along to RS. Like I said, I didn't expect a reply.
How quick do you think these things happen Aim, you have to take into account how complicated they are with finance , shares, possible acquisitions/mergers and the tech it self.
This may be being headed by Ann but that's just one person of many involved.
I'm absolutely broke and hope this can be done but no amount of moaning on here is going to change that.
So if they were so responsive EarlGrey, what did they say? Nothing new im guessing. 3 months on Wednesday
https://www.telegraph.co.uk/technology/2019/08/09/netflix-eyes-interactive-shows-kids-gears-disney-fight/
Not difficult to see how EntertainmentAI could play a pivotal role in the future development of this trend...
Ann Greenberg (LinkedIn)
Ann's new company, Entertainment AI™ merges human and machine creativity to engage a new generation. eAI automates collaborative storytelling so users can co-create along with their friends and favorite creators. Entertainment AI™ works across all media with live action, avatars, animations, puppets, and even robots!
Ann co-founded entertainment data company, Gracenote, (the world's first crowdsourced company) which grew out of her first startup, ION. Founded in 1998, Gracenote is the leading metadata and Automatic Content Recognition service (acquired by Nielsen for $560M.) Gracenote answers over a billion data requests daily and is embedded in over one billion consumer electronics, software, and automotive devices.
Aim, I got a reply from Walbrook within a couple of hours but then maybe I have a better rapport with them than you.
I asked them to send an email along to RS about updates but never expect a reply from RS.
They will update us when they have something concrete to update us with and not before as expected.
All the money and shares are safe in a holdings company which updated its paper work via companies house very recently so you shouldn't worry about that.
I noticed that Entertainment AI has recently updated its Principal activity description with its latest Confirmation Statement.
It reads ;
Ready-made interactive leisure and entertainment software development Information technology consultancy activities.
Will they ever update us?
I contacted Walbrook PR for an update request. They didn't reply.
Well, we're over 2 months in so halfway i guess! Funtimes
"“With increasing adoption of AI across sectors, this space is bound to witness growth in an already burgeoning M&A activity. Corporates are extensively evaluating options to integrate AI in their business operations and automation initiatives. Going forward, AI solutions will be an integral part of their strategies,” Bose said."
https://which-50.com/global-tech-giants-remain-most-active-acquirers-in-ai-tech-says-globaldata/
"It can take a company from just a few weeks to up to four months to complete a reverse merger. By comparison, the IPO process can take anywhere from six to 12 months. A conventional IPO is a more complicated process and tends to be considerably more expensive, as many private companies hire an investment bank to underwrite and market shares of the soon-to-be public company."
https://www.investopedia.com/ask/answers/08/reverse-merger-ipo.asp
Article is from 2017 and probably written from a North American perspective, but I think the principles are equally applicable for a London listing.
As if they would tell us ANYTHING
Nice to read some of you have gone back to cutting wrists stages again.
Have any moaners tired contacting the Bod ?
I m sorry I was joking..I can't find anything to speculate on! I think this is either going to be an amazing deal considering the people involved or not get to deal stage..again! I can't believe how tight they are with everything though.
Personally i think this will fall through again and open at 1.5p. If it does complete, I'll guess at 10p. Why 76p??!
I agree it's like trying to find out the contents of an area 51 hangar with this company. Shall we have a sweep stake on the opening price after whatever deal has been done?..if done! I m starting it off on 76p based on my strenuous research which discovered ..well nothing tbh!
Nope, an update regarding progress would-be appreciated.
Taking as long as last time.