RE: This board11 Dec 2020 13:33
BeastShares joined yesterday Dec 10th, his gattling gun posting style, both in frequency and in attack mode makes it so obvious that he has been `placed` here in the run up to the year end to bash Bids, probably by you know who!
He will now post at Helx`s frequency until the trading update is released.
He `thinks` that Bids are headed for the gutter, I beg to differ, I think its headed for the stratosphere in the medium term.
They now have traction, as JD and the Chairman have reiterated and repeated several times, most recently in the Aug Interims, the H2 revenue numbers will be `very significantly` higher than the £300,000 for H1.
The accelerated evidence of adverts within games makes it easy to see now why they said that.
In May 2019 Bids raised £5m, and in the following 12 months they survived with that to build their platform, all the donkey work and expense.
In June 2020 they raised another £5m, and in the Aug Interims they reported a cash balance of £5.9m at the period end 30th June 2020, just as the ramp up in ads started.
As exponential growth is now pretty much nailed on going in to 2021 and beyond, it is likely that their cash position should be supported further with the increase in revenues, and this will help to pay the wages of the increase in staff numbers...why would you increase staff numbers if you weren`t seeing growth?
In game ads is a growing sector...rapidly, in a huge industry worth many $Bn`s and rising. Its not going to go backwards now that the supertanker is under weigh.
A f/y revenue update number within c15% of projected expectations £1.5m will show a very significant H2 rise, and the credibility of the Bidstack platform will be the key factor taken by the market. The sp will react strongly because investors/traders and watchers will have the confirmation they need to take part.
I`m just looking at the evidence of the ramp up in ads, so for some newbie basher to come on here and start spouting what he `thinks` is just hogwash....a beast in need of a wash ha ha ha!
Time has moved on from the poor show of last Dec, the Bids team has obviously not been sitting around eating toast, and the effects of the pandemic has seen a heightened desire by the Ad agencies to find a space to fill the lack of real world advertising at sports events etc, and In-Game Advertising is it...a no brainer!
#This Is Just The Start!
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