Member Info for B_Positive

Hold onto your hats

David Levi just purchased over 120m shares

Cleared the NOMAD so yes contract gonna drop and if its the ASIC one like detailed then christ

4% of the company has been bought just this AM

Has to be a leak

One LOI and 5-10 bags is my target just on that

Many are going to miss a multi bag opportunity here imo

As they’ve not picked up the message from below from the RNS the other day

“ Whilst no contracts have been signed to date, the business scope between Ethernity and this leading wireless backhaul OEM, has been largely agreed in principal, subject to final alignment and contract. This business scope forms the foundation for the ongoing business and technical discussions and the Company hopes to sign a letter of intent with this partner in the near future. The scope being finalised with the OEM includes terms which would result in a significant NRE to partially fund the development of the ASSP/ASIC, along with an extensive commitment for device orders following availability. Given the strategic importance of volume production in fabricating an ASSP/ASIC, the device will also be offered to other Wireless Backhaul OEMs which could generate significant further revenue for the Company once available.”

Nomad passed it . Work it out

Leaky ship imv

Expecting a couple of updates this month to really kick this on and can't wait. Including IR

Thoughts here?

Massive undervaluation either way.

I think the market isn't dumb and those that can do a tiny Google search will quickly see that the Infinite Reality/Napster value has tripled/quadraupled this year over last year and this means the net asset value will be much much higher than the 2.05p given, as that reflected IR at just $5billion.

So yes 2p, is very very conservative, considering the company used to trade above NAV and has now proven the model with Get Visibility generating a 6x return on investment.

I am thinking this settled above 3p a share ahead of the next valuation report and potentially a lot higher because Sure Valley is in exit mode and who knows what drops.

£100m mcap = 52.60p share price.

Great return from 1-1.5p.

I see it as very doable with soon over 30 AI companies in the portfolio and no doubt more unicorns like IR and GV in the mix.

If we assume IR IPO's at $20-30BIL (seems likely going by the $15B being very conservative comments by Nick) and then hits $50-100B (far below the CEO's target of $1tril) then that can also push Mindflair to that £100-£200m mcap level.

Food for thought, if SCGL can hit over a £100m market cap with 1 unproven, early stage AI projects which has no backers. Then how how can MFAI from a £5-6m cap, with over 20 AI projects (and more coming), many of which are proven with real world business use cases, one recent project (GV) fetching a 6x ROI and another (IR/Napster) valued at a conservative $15-18B and to float on Nasdaq? Also to consider the business has no debt and is in a position to fund itself due to the stategy now being proven.

new interview

https://www.**********.co.uk/articles/q-a-with-mindflair-director-nick-lee-f938f9b/

1. further exits are very close and will be announced in the near future

2. the $15b book value given for ir is very conservative and is likely a heck of a lot higher

3. the nav given in the latest report of 2.05p, is based on the 2024 book value for ir of just $5b.

a very undervalued business which can rise 100% from here and it will then only be trading at the 2024 nav, which is much less than what the 2025 nav will be considering the infinite reality boom.

a few years ago this stock was trading over nav and if we assume the 2025 nav is around 3-3.5p because of ir then this can easily warrant 5p a share as a baseline right now.

there will be a many other ai unicorns in its stack too like gv and ir now and in the future, exits to come now.

comments on new director: she has developed strong relationships with corporates and investors across asia, europe, and north america. in addition to her media career, ms. li has served as a board director and non-executive director for several companies.

are we now seeing the investors buy in?

very exciting times ahead folks, at 2p or 3p a share this remains very undervalued as the mcap is peanuts.

Love to see it, the big buyers are turning up.

Becoming difficult to top up at 1-1.1p, as it looks like we have several big buyers there now. So I'll be adding as many as I can under 1.2 whilst the opportunity presents itself.

Next exit sounds very close.

Yes I agree with that the value is in its portfolio of over 20 AI companies including Napster.

The value is underpinned by the NAV which for 2025 is likely around the 3-4p mark as the 2024 NAV (2.05p) was based on the IR value of $5b, not the present $15b+ which he also has just said is very conservative.

I am just saying I personally expect treasury news to come here too, although it is not needed at all, as per the above.

Watch it drop here in July, starting tomorrow.

Also:

New interview

https://youtu.be/epfz38u-kfs

1. further exits are very close and will be announced = more $$$

2. the $15b book value given is very conservative and is likely a heck of a lot higher

Mindflair could be realising £20 million from ir easily by year-end....!

A very undervalued business which can rise 100% from here and it will then only be trading at the 2024 nav, which is much less than what the 2025 nav will be considering the infinite reality boom.

A few years ago this stock was trading over NAV and if we assume the 2025 nav is around 3-3.5p because of ir then this can easily warrant 5p a share as a baseline right now.

There will be a many other AI unicorns in its stack too like gv and ir now and in the future.

Treasury news dropping here?

This feels a perfect match

Our investment strategy is focused on AI based next generation technology businesses and we believe that significant progress has been made by the majority of our investments during the period and the outlook for the respective sectors in which they operate remains encouraging. Furthermore, the level of investment activity by SVV2 and SVV3 has increased in order to take advantage of the exciting opportunities that are available in the fast‐moving and developing AI sector.

Post period end, the disposal of one of our investments, Getvisibility not only demonstrates the value that can be generated from our investment portfolio but has also put the Company on a sound financial footing, being debt free with a significant cash balance to deploy.

We expect that in the coming months we will see some additional realisations or liquidity events from the investment portfolio which is expected to generate further cash inflows for the Company.

In summary, we believe that our Company enables public market investors to gain exposure to an excellent portfolio of companies at the forefront of the AI revolution with the potential for significant growth and the ability to deliver real returns for shareholders.

Nicholas Lee

Director

So any guesses what the next exit's are going to be? We know Sure is going to realise some cash out of Infinite Reality.

So that could be one.

What else?

26 June 2025

. Our current pipeline is possibly the strongest we have ever seen in Europe with our first six figure deal in the region contracted and beginning production to start airing over Summer (as currently scheduled), and multiple other similar sized deals being targeted and in discussion. In Germany we already have a follow-up booking contracted with the major retailer Lidl for the Christmas season and are at varying stages of negotiation with many of Germany's largest media spenders, including returning clients, for deals across Q3 and Q4. We remain in substantive discussions in relation to the proposed services agreement with a leading Middle East-based broadcast and streaming company which we referenced in the Placing and Retail Offer announcement of 13 May 2025.

Cash at bank at the end of May was approximately £2.1m, prior to the receipt of c. £1.4m net proceeds from the placing and retail offer, £0.2m from our US Joint Venture partner and approximately £0.9m of costs relating to the restructuring exercise undertaken at that time.

Louis Wakefield, CEO of Mirriad, said: "2024 was a year of considerable challenge for Mirriad; however, with the US joint venture and associated restructuring now complete, I believe we are now well-placed to benefit from the new organisational structure in the U.S whilst being able to focus on driving growth from the European market"

poor raven's was **** talking it down at 0.7, then 0.8, then 0.9, then 1p, then 1.1p, and must be in anguish watching it rise and will be in more anguish soon when it's over 2p and then over 3p.

new interview

https://youtu.be/epfz38u-kfs

1. further exits are very close and will be announced = more $$$

2. the $15b book value given is very conservative and is likely a heck of a lot higher

mfai could be realising £20 million from ir easily by year-end....!

a very undervalued business which can rise 100% from here and it will then only be trading at the 2024 nav, which is much less than what the 2025 nav will be considering the infinite reality boom.

a few years ago this stock was trading over nav.

if we assume the 2025 nav is around 3-3.5p because of ir then this can easily warrant 5p a share as a baseline.

there will be a few other ai unicorns in its stack too like gv and ir.