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Check the real spread Helx you should know this
At this moment in time...
Level 2 shows 0.27/0.32
But real world quotes are 0.291/0.3075
Share price going up and you dont like it
No Bidstack were only defendant in this sub incident to the main case for Azerion to try get access to full EA documents - this was ruled in favour of Bidstack and access was refused by the court and Azerion forced to pay court costs for the incident.
And once again you are wrong about your assumptions why no RNS so please stop trying to spread fear. The time from the defence statement to a final verdict in a main case can vary widely, depending on several factors - no one was expecting a decision on the day of the defence statement that would never happen.
Below summarises latest court proceeding that took place on 13/09/23. It looks like Azerion are struggling to make their case on that point as they are arguing they need to see the EA doc in order to make their defence but since the court refused they can’t see it, perhaps their case is relatively weak. Things looking positive for Bidstack claiming back the money they are owed plus damages. Following this Azerion would have had to provide their defence statement on October 25 so we cant be far off hearing a full update on the courts view and decision on the main case or possibly an out of court settlement.
Full case notes can be seen here https://uitspraken.rechtspraak.nl/#!/details?id=ECLI:NL:RBAMS:2023:6762&showbutton=true&keyword=bidstack&idx=1
Case Details
Court: Amsterdam Court of Private Law
Case Number: C/13/733988 / HA ZA 23-482
Date of Verdict: September 13, 2023
Parties Involved
Plaintiff/Main Action: Bidstack Ltd, a legal entity under English law, located in London, UK.
Defendants/Main Action & Claimants/Incident: Azerion Technology BV and Azerion Group NV, based in Amsterdam.
Procedure
Initiation: Summons on April 26, 2023.
Other Documents: Various legal documents and exhibits related to the case, including an incidental claim for document submission under Article 843a.
Relevant Facts
Bidstack's Business: Digital advertising space in computer and video games.
Azerion's Business: Digital advertising space in computer games.
Partnership Agreement: Entered on December 16, 2021, with an addendum on June 30, 2022. It includes provisions on exclusivity, inventory, financial elements, and termination clauses.
Claims in Main Case
Bidstack's Demands: Payment of outstanding invoices, damages for breach of partnership agreement, and joint liability of Azerion Group for Azerion's obligations.
Dispute in Incident
Azerion's Demands: Access to agreements between Bidstack and EA (Electronic Arts) to assess compliance with the partnership agreement.
Court's Assessment
Legitimacy of Azerion's Request: Court finds no legitimate interest for Azerion to access complete EA agreements.
Decision on Azerion's Incident Claims: Rejected due to lack of legitimate interest.
Court's Decision
Incident Ruling: Azerion et al. to pay legal costs of the incident.
Main Case: Deferred for further proceedings with a scheduled date for defense statement on October 25, 2023.
Future Considerations
Ongoing Nature of Main Case: The court has reserved any further decision, indicating ongoing legal proceedings.
The court's decision primarily addresses the incidental claim by Azerion regarding access to documents and sets the stage for further proceedings in the main case.
Because they cant - they have inside info on VST, Azerion, potential commercial deals etc
"Draper intends Bids to receive only 70% moving forwards on anything they would have received 100% on up until now"
70% of deals within a fully licensed virtual stadiums which as of today is £0 revenue so not sure what you are getting at - this is something bids are yet to sell. The existing in game ads model is business as usual
And bidstack already serving Ads into Madden 24 in US!
EA Madden 24 Mobile just released - Bidstack SDK is present again! exclusivity in Madden once again for the new season following the POC in January!
Bidstack SDK just dropped into EA NBA Live Mobile Basketball!
I am fully expecting further NFL team partnerships this with along with Madden 24's release on mobile THIS WEEK!! . This was hinted in recent article
https://www.sportsbusinessjournal.com/Daily/Morning-Buzz/2023/07/13/bidstack-sports-washington-commanders-digital-signage-virtual-fedexfield.aspx
"Its value in the VR world is limited due to its limited distribution, but the technology is potentially scalable to all teams and all game publishers, including EA Sports’ iconic Madden series, executives said."
Only if they are a UK investor otherwise its 5%
Well we now know who the buyer is. https://www.bidstack.com/investors/shareholder-information/ has been updated and Dr Geoffrey Cogill has been added showing he is holding 3.25%
So that is now Sims, Fifa and MLB TAP BASEBALL in the last few days!
Bidstack SDK just been added to Fifa Mobile! Yesterday they added it to The Sims Mobile also
EA!!!!!
https://twitter.com/Blad3sharp/status/1661010002159734787
It seems the development work has been accelerating positively behind the scenes
Maybe could do another placing and donate the money
1,150,000 share trade @ 21.021 just gone through for £242k
DPRTE 2023
MARCH 29 @ 8:00 AM - 4:30 PM BST
We’re excited to be speaking at DPRTE 2023.
Held at the Farnborough International Exhibition & Conference Centre on Wednesday 29th March, DPRTE is the UK’s leading defence procurement and supply chain event.
The event will entail connecting buyers, suppliers, prime contractors and academia across the defence acquisition supply chain and will provide extensive skills development, networking and collaboration opportunities for organisations operating in the defence sector.
Our Director of Defence & Government Vessels, Mark Lawther will be delivering a talk on the opportunities our recent FSS contract with the ministry of defence brings to Harland & Wolff.
https://www.harland-wolff.com/event/dprte-2023/
Looks like bids also serving video ads in madden now https://twitter.com/Blad3sharp/status/1617629955457966081?t=IluSLtdIsVGdhjyu-q9p_Q&s=19
How about https://twitter.com/Blad3sharp/status/1617143696415404032 in game ads from nerdwallet alsonand they have confirmed themselves on linkedin that they are served by bids!