Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Kencarv - I'm afraid you're incorrect.
One is a company sharing their growth and sales strategy with their shareholders. I would consider that a given.
The other is a conflict of interest - to propose that my company, on behalf of my clients, spend money with a supplier that I invest in would literally break my contract.
I'm not entirely sure how you could confuse the two...
Did he offer any other nuggets of information?
He has been very successful before on the sales side, which means he would have been working around the agency trading leads, Digital leads, Mobile lead etc. I just want to know if he's doing that now...
Perhaps I will write him a note if no one on this board uncovers any nuggets.
To reply to both grouchomarx & Kencarv (and agree with Waccamacca)
To introduce someone assumes that they're communicable. I think what this board (and the frustration in my post) proves is that at this moment, this isn't the case.
Introductions, promotion of LSAI etc. by myself would be considered a conflict of interest. So no, contractually I cannot do that. I'm afraid in the case of my own company I can only sit back and watch.
Re: asking myself. I was asking members of this board if they have this information. Strikes me as the first port of call (given the months of comments from people saying that emails to the BOD have gone unanswered). So far it would seem that no, no one does...
I understand the point re: exposing 'wasted' money. I made it several months ago myself, on this board. But that isn't a barrier. Agencies or companies like Blis sell it on at a margin. The industry is there. As I pointed out previously, it hasn't hurt Moat, Double Verify or especially Integral Ad Science.
My points re: Jason Smith - yes, he is in the US. So *who* is selling to the global HQs in London? Who is *he* selling to? What is the sales strategy of a company trying to make money but with apparently one sales guy on the books, working in NY?
Does anyone have any detail or indication as to what the LSAI model is?
It strikes me that we hang here in hope of news of a new contract or partnership without any real idea as to whom they're actually speaking to/targeting and which slice of the market they're approaching.
I work in the world's largest media agency and I heard about them from a friend, not a colleague. The only people in my agency that are aware of them are so because I asked out of curiosity, 'have you ever heard of X'. LSAI certainly haven't been knocking on our door, or any of our sister agencies, as far as I am aware. They did strike a deal with Dentsu, as far as I hear, but the details are slim and if that's a one off in agency land does it suggest it was a mate's deal (and focus isn't really on the agency world) or is their approach to the other agencies around simply slack?
Jason Smith is, as far as I can tell from the 14 employees on LinkedIn, the only sales guy, and he's in the US. Most Global agencies HQ in London. So if he isn't speaking to too many agencies, are they focusing on the supply side (a la Blis)?
That is certainly Mark Slade's background (and very successful he was at it) but could he at least confirm that? I see two other employees on LI that might be relevant, one a 'Partnerships Manager' (so please, tell us about these partnerships) and the other 'Product Strategy Director', which upon closer inspection confuses me, as that individual's career history is in finance...
I don't think it's too much to ask for them to talk to us about who they are targeting (agencies, supply, or both), what there expectations are for partnerships, whether there will be more OOH companies (like jc decaux) in the pipeline, or indeed whether there are use cases outside of media that they are looking to re-focus on (i.e. Covid, but with some substance).
Only that way will ltsh's like me (~86% down now) actually have some faith that the company has a plan, than the short term pain has had some actual logic behind it, that we can rest easy that in three years with growth, recruitment and a structured sales and development drive we should see X10 the business and a potential 10/20p SP, for example.
At the moment it is *entirely* guesswork.
Well that's the fun of the last two weeks over then! It was nice to be optimistic whilst it lasted!
Even so, these are AI / data science companies. They don't own tech. They'd need a tech partner or build from scratch.
I see that now... Interesting... thanks for pointing out.
Interesting... the wesbite says they're working on tracing covid and the guardian reported that they had it. I wonder if it's misreporting or he's trying to avoid an NDA failure
A company called Faculty.
https://faculty.ai/
They're an AI modelling company. Not tech (as I understand). So they would come up with the logic and know-how as to how it should work, but in theory shouldn't have or own the technology nor the data.
Given they, I should hope LSAI are onto them pronto to see how they can facilitate the build.
Was that really a drop to 0.6 at the end of the day or is my chart mucked up?
I was just thinking the very same.
Curves aren't linear. Day traders and profit takers will send you down before you go back up again.
As far as I can see the price might be down but the sentiment is still up in terms of buying behaviour and I too would have been very happy at the start of the week t take a ~160% jump to then only suffer a ~20% down day.
Out of curiosity, why are you here...?
argh I've been trying to buy in more since yesterday am at ask and couldn't get a single try to execute. Bugger.
I'm considering a few likewise purchases but I'm nervous about next dilution. How low can this go?
The global media (advertising) market might be worth $190 billion in digital, but location based advertising is a small % of that, so they're kind of misrepresenting the size of the prize, which I'm not sure does them any favours.
I'll feel more comfortable when we're above 4p!!! :P
so the placing won't affect the SP? The last one did - one fell swoop it dropped to 1.2 and stuck.
If the SP is guaranteed to head to 0.875 with the placement then buying now guarantees 60% short term, no?
I've been dealing with this myself. So please excused the terrible question - I am fighting a raging hangover so my brain is full of stink - but surely buying in now would make you an instant buck when the SP rises to the placement price? What have I missed? Where am I being thick? Someone help me in my hour of need.
Personally I didn't invest in this one to bank cash. It was prospective. Potential. A 'you never know' buy. I will leave my cash in there and if it dies it dies. But if they do manage something special, a year from now we could be in a very different place. Worth the wait in my book.