Member Info for BigDave13

Plus the 575m ATM shares which will bring in some further funds in the future.

"...net proceeds of sale being paid to the Company....From the gross proceeds of sale, Oak Securities will deduct its commission and its set up fee."

"Yes this means the subnet now will be owned by Leo so he can implement everything. Of course it's a work in progress"

https://x.com/TheTNetHunter/status/1986098599898317054

Yeah, I don't know how this works either and how Astrid fits in or with OE development to date of the health and wellness etc AI . How many owners can a subnet have?

To clarify, OE stated billion Dollar company, not pounds. Still a healthy number from here.

https://x.com/AstridIntel/status/1946480132291473710

Net Assets are £3.2m, actual cash on hand is only £377k & they probably need to preserve this as the co. is running at a loss. Need a strategic update to understand what the plans are going forwards and hopefully to give the SP a boost.

Thks, does look to be out of date.

Updated X Account - https://x.com/AstridIntel

Updated LinkedIn Account - https://uk.linkedin.com/company/astrid-intelligence

LinkedIn lists 2 employees, OE and Gill Whitty-Collins. On her personal account, Gill is listed as NED of Cellular Goods PLC since May 22 to present however she is not listed on the new website in the Board & Advisors section (Misha Sher is the NED). Anyone know the background to this and her current status? Also wondering whether OE is managing the subnet herself or are there any developers involved?

OK, good points. This from the RNS:

As part of its fee, Oak Securities has agreed to receive new Ordinary Shares at the Issue Price in lieu of cash settlement ("Fee Shares"). Additionally, Oak Securities shall be granted warrants to subscribe for new Ordinary Shares at the Issue Price, which are exercisable for a period of three years.

What remains of the original £500k plus c.3 btc sold? Maybe to cover operational costs i.e. director fees etc plus this changeover to AQSE would have incurred some nice legal fees. Your range is probably close to the mark.

I reckon £10m less broker fees (10%?) less £4.5m eth makes it c.£4.5 remaining in the kitty.

The new website is for the investor group. Where do the consumers go to interact with Astrid for their wellness advice?

https://www.instagram.com/getcel.ai/

OE X handle has a link to @getcel_ai but this account does not exist any more.

There is also this section included, looks like a potential white label service whereby other communities can leverage Astrid/subnet which could provide another source of income moving forwards.

Exchange attention for value

Build your community with Astrid—the ultimate attention engine

The Agreement was only executed on Fri, without knowing the terms, we do not know when the funds were due to transfer from Sath/Investment vehicle to BMV. I don't read immediate as same day, there needs to be a short period to facilitate the funds movement to BMV. Once received, yes, I expect BMV to deploy without delay.

All looking good, hopefully the market agrees. New website as well.

If warrants have been converted to shares, would you expect BMV to issue an RNS to announce the increase in shares in issue and the proceeds received?

That would mean Astrid is effectively the subnet where the AI does its thing.

Agree on those points, the next few weeks will be key.

Raise £10m or more?

Raise at 2p or more?

All to play for.

Some good research there, it is all a bit confusing.

The website now defaults to https://www.astrid.global/

Cel is still front and centre on the homepage plus the videos include reference to getcel.ai. Does Cel remain the consumer facing brand with Astrid being the tech behind it?

And now this message here!

This share is currently suspended. It was suspended at a price of 0.00

There are trades showing under CLAI BB so maybe taking a while to align itself with new ticker.

Probably need a business update on the subnet and plans for the £10m and some defined near term objectives.

GM, Astrid!

Hopefully more of a tailwind?

Monday back to some sort of normality, good time to buy £10m of BTC

From original announcement: Loan enjoys a 0% interest with maturity date of 31 December 2026

100m shares will eventually be issued but not for quite a while so not to worry about it now.

Lets enjoy the SP rise today and in coming weeks. Bring on the £10m!