Member Info for BobsSocks

Again you are choosing, spinning, your own words.

"Thanks Bob, IMO that confirms the webinar Microsoft description Mirriad did what the global brands (customer base as you put it) wanted them to do and have helped the relationship happen with Microsoft."

Global Brands is a catch all for companies with a presence, or distribution, in at least two countries. Indeed I am a Global Brand. I have a .com website. Without names the term has little to no meaning.

A relationship or indeed collaboration with Microsoft could mean I have set up a Mastodon instance on Azure and had to talk to one of their tech advisers as to how to spin up a Docker instance. Beyond that my relationship, which suddenly becomes a partnership, with Microsoft is me paying them monthly coin for the amount of compute resources I use.

These are all examples of non-things a company can present to investors without fear of being called liars. The devil is in the details or lack thereof.

"What's your view on the Microsoft collaboration Bob while your on this board?"

It's another typical not very much burger. If you want compute space either to run a base application/service or service customers using that application/service then you will gravitate towards one of the big three cloud service providers. Your choice as to which will be driven by your own internal technical bias/resource but the overall driver will be what your customers want.

Then you either migrate it to or set it up on, in this case, Azure. At this point your average ramper will now be eulogising about Hockey Stick Growth as the revenues ramp up because now the company is offering Advertising As A Service, AAAS. Woot.

Next up the company will become Azure Certified. This is something that says their stuff plays nice with Azures infrastructure and requirements, is not a bot farm, and also... works. There would be no point if it didn't. Of course in Ramper World the company is now Azure, and therefore Microsoft, Certified so Microsoft is going to buy them up for $Beeellions.

They could have done the same with Amazon EC2 or Google Cloud. Google would have driven some sort of orgasmic rapture. However they chose Azure likely because that is what the customer base, current or prospective, asked them for.

This is the kind of expert analysis we have come to know and love from randoms on Twitter. I'm surprised randoms on BB's bother posting links to it.

"We see a recent pump in SP."

Dude!!1!! Crawl out of your X-Hole and look at the company newsflow.

IIRC Miri popped up on my radar because it was mentioned on an unrelated board with particular emphasis on the companies patents. I have a particular penchant for such claims especially given the fact that many times people confuse what are applications for granted patents then go on to claim that their company now owns the world plus dog. Another common failing is where a granted patent is, in investment terms past its use by date. If it has not generated cash by now or the company has not been bought up for its IP then the patent is in effect worthless.

I did check Miris patent portfolio and it is indeed recent and also includes many recently granted patents. Of course some are duplicates across various jurisdictions but at face value things look hunky dory. With those boxes ticked you have to consider whether there is any commercial value to the IP. That might be harder to determine but your big one would be someone with presence buying them up for that IP or a licensing deal with the same. That does not appear to have happened.

The assumption would therefore be that the company is driving or trying to drive use of its native product to prospective customers with a bit of Patent dressing. There are in effect no prisoners and the product will sell on its merits rather than extr'aneous fluff. Otherwise I think you can discount the IP as a mere nice to have but otherwise of little value.

So. For what it is worth that is my reason for popping in which would also be driven by the recent SP hike. You also have my 'no' as to whether I have watched the presentations.

I should mention that I have not suggested that any of the content or information is wrongful but unless you can point to something beyond claims by the company itself of addressable market size, trials with unnamed prospects, numbers of unnamed prospects or prospects of signing up of unnamed prospects with hard numbers to back it up then I do not need to listen to a Sales Drone.

sure. however if we take your thesis at face value then by extension there were at the least only six people involved in the present, recent, buying resulting in a sp jump of 35%. that is by any sense impressive but also quite hollow.

now i now you babble on about the presentation videos presumably as another foil to your 'not invested' armoury. i don't feel inclined to given the recommendation comes from you and also given the sp**** summary of content suggested by others. that lack of content being undefinable and therefore meaningless claims as to future prospects.

So. In summary two people punted £92K each into Miri for 4.12% of the company over a period of one day and then sat back or rather ramped it to the rafters. Hopefully you were not acting in concert or, if you were, we can expect to see your TR1 sometime soon. Otherwise I would be inclined to suggest that such activity seems to whiff of something.

Presumably in relation to the latest fund raise and T04/T05 warrants. Info available from,

https://www.nasdaqomxnordic.com/shares/microsite?Instrument=SSE229074

Company news halfway down the page on the right. Seems to kick off tomorrow but results will only be announced on the 25th. Presumably this will mean Tern will not have to blow chunks on their involvement, or lack of, in the latest placing of warrants until to just before their EGM or even later so you will be voting blind in respect of that piece of information.

Cynics might suggest the timing, on the part of Tern, has been well crafted. Sceptics will expect that Tern will announce that they have not taken part in the placing or the issue of T04/T05 warrants but, after the expected yes vote will announce that they have made a further draw down on the loan. Deity forbid they sell off more of Wyld.

Not that I am a pedant but there have only been 8.7 million buys so far so I'll assume you are doing a bit of opportunistic rounding up. Then again, silly me, as we all know the nasty MMs always over report sells so it is likely that there have already been 20 million buys.

"What a pointless post Bobssocks."

Well. Not exactly a falling knife, just a third of one but, by and large, predictable.

Obviously I will be jealous if you see further rises rather than a falling knife but 24 million traded even at the closing price of 2.5p is £600K. Split that buys/sells as 50/50 you get 300K. Split that between 100 punters then that is £3000 per punter. Even your biggest trade was about £23K which is still not in the realms of the big spenders but slightly more than you lot might be able to afford.

I will therefore classify it as being a lot of shouting by little shouty people on a BB. Your only claim to nothing might be that the company did not issue a "No Idea" RNS. However the other perhaps more telling side of that card is that the company did not issue a "It's Because" RNS.

Cue the rants and howls from the Harpies.

Once again Tullynessle has quoted the immortal "Use us or do nothing" phrase dribbled out by Device Authority without any effort to place it in context.

If I want to take a Dump I use a Toilet. Of course I could do nothing which would probably result in soiled underwear or maybe I could use Device Authority. Why would I unless Device Authority has a patent on taking a Dump in a Toilet that forced me to use them.

That's your big problem. Device Authority has a patent, US, UK and DE only, on legacy devices. Apart from that being a small and shrinking market there are likely numerous other solutions that might be implemented.

Without Context "Use us or do nothing" is meaningless. Even with Context "Use us or do nothing" is a nothingburger.

Don't @ me. Ask Darron to explain himself.

What part of Konektio, TM, SVV not being listed escapes your mind? There is no market in them so there is nowhere to sell them.

I would have thought it should also be possible prior to the meeting to file amendments to the resolutions that at least attempt to ensure that, for example, the BOD do not dump a bucket of shares on an unnamed II above 3% such that the II manages not to TR1 by dumping them and are not named by the BOD as appears to have happened recently.

Others may think up other amendments to throw objection spanners into the works. I believe that this is one of the reasons why such meetings require 30 days notice. To review and consider amendments. Get your revolting heads together.

When the vote[s] are called I would mention that before actually casting your vote you are entitled to discuss the resolution before doing so. No doubt the bod will already have the result in the bag but if you wish to vote no, or yes for that matter, you have a right to give your views before the vote is actually cast in order to persuade others. If they do not give you the opportunity to do so you can call the vote null and void.

"Doesn't seem like the board are expecting a bumper payday from Wyld and Mr Musk."

Yeah but. Again, as per Wyld's, previous statements, it's the North/South American market that is in sight via the collaboration. They may have signed up a shedload of interest and pre-orders but if it is significant they will need a major constellation to service those customers.

The collaboration would indicate that it is significant. Why would SpaceX/Swarm talk to them if it were not? Also note that these are customers Wyld has already signed up and 'own'. It is highly unlikely SpaceX/Swarm will be able to pull a fast one.

To me the recent, panic, fund raise has been driven by some sense of urgency surrounding timescales around the collaboration. Pre-orders do not necessarily mean cash up front for production. They may have been intending to move to production and delivery at a leisurely pace based on constraints due to the small number of satellites they previously had access to.

Now they, probably, have access to a 150-300 constellation they can take the brakes off and may be under pressure to do so. Now that might beg a question as to why SpaceX did not pony up some cash to help them out but there is going to be some perception of risk and likely an desire for independence.

Seriously. Previously Wyld have dabbled in numerous WiFi failures, all naturally lauded by the ladz on ADVFN as the holy grail, but this time they have landed on an application with serious promise and appear to be going for it.

Also , for those who bounce up and down gurgling in delight on 1 trades, presumably Tern will have to RNS any change in their holdings in Wyld once the transactions are completed. That may well cause another SP hit.

Https://view.news.eu.nasdaq.com/view?id=bb34637a1dcf81c6daedd23e817d9fe8b&lang=en&src=micro

Not sure if Tern were going to participate but it looks, hard to decipher, like the last day to do so would be 8th September. Assuming Tern is strapped for cash until the 26th they may miss the boat and experience further dilution.

Fingers crossed it will recover a bit.

Let's slap the wayward PIs.

https://www.londonstockexchange.com/news-article/TERN/notice-of-general-meeting/16104248

Apologies for the cut and shunt...

" The Directors believe that having the authority to issue new Ordinary Shares is important for an investment company such as Tern as it:

"Provides the Company with the flexibility to raise, or have access to, funding to support its portfolio companies, as required, where such funding:

Gives the Company negotiating leverage when dealing with potential third-party investors in discussions regarding the funding of Tern's portfolio companies; and

Enables the Company to participate, ***potentially at short notice***, in potential fundraisings by its portfolio companies. If this is not possible, the Company could find that either, or both, its shareholdings in its portfolio companies are diluted and their valuation reduces, which may then adversely impact upon the Company; and"

***In particular, having the ability to issue new Ordinary Shares would enable the Company to potentially access the remaining GBP2.5 million of the GBP3.0 million loan facility (the "Facility") entered into on 12 June 2023, which requires warrants over Ordinary Shares to be issued in relation to any drawdown under the Facility.***

***1)Potentially at short notice.

whilst we discuss our proposal. what happened to tern in the latest placement by wyld?

they bagged the cash from two swedish investment entities, hat tip to antelope for pointing out the spelling confusion, and mr swann. was tern invited and if so why did they not pony up a couple of sek and if they were not invited why not?

on the subject of buntel...

https://www.buntel.se/

they appear to be a bit sp**** on information about themselves. indeed the main contact is a bloke called max.

not necessarily a bad thing but i get the impression that when you get swann added to max you end up with a pair of, dare i say, mavericks and no tern. add that to the nature of what comes across as being a good deal for all but done in haste i have to say it reinforces a possible view that this was done because something hit the fan.