Member Info for clairesmith

"Unfortunately, scrutiny from Congress isn’t the sole source of woes for the huge app right now. TikTok are currently facing a lawsuit from an incredibly similar video-shorts app, Triller. Triller have submitted a legal complaint to a Texas federal court.

Triller’s complaint accuses TikTok and Bytedance of infringing upon their US patent for “Systems and methods for creating music videos synchronized with an audio track.” Their patent, filed in 2015 and approved 2 years later, basically covers the concept that has made TikTok – and simultaneously Triller – so popular."

Source:
https://routenote.com/blog/tiktok-ceo-points-at-facebook-faces-a-lawsuit-from-triller/

At what point do Microsoft and Twitter walk away from trying to buy TikTok?

The only reason they are doing it is out of fear and trying to capture the young consumer market.

Given that TikTok is now getting pulled in US/EU and see as a dangerous China Hack-App, it makes more sense for Microsoft or Twitter to aggressivly try and take over Triller and then ramp up with those over a course of a year.

Been a good day of clearing out the low holders - the price is starting to consolidate now

Considering all the massive press around Triller, and that TikTok is effectively being removed from the markets of USA/EU/India, this leaves a massive market open and ready to start a big rise

looking at the MCAP, really should be looking at the hundreds of millions in worth for this company in the short term, literally a few months

TikTok rival Triller has inked a deal with B2B music licensor 7Digital for access to a global catalog of 80 million tracks including Sony, UMG, Warner Music Group and Merlin.

7Digital will also provide Triller usage data to the labels. The deal starts immediately and will last at least 18 months.

The licensing comes at a time when Triller is in the spotlight thanks to the ongoing controversies surrounding short video social rival TikTok. Most music on TikTok is still unlicensed though the company has been working to correct that.

Mike Lu, CEO of Triller, commented: “What we’re seeing now is a paradigm shift in which technology is fundamentally changing the way fans experience and interact with music.

“The success of our platform and unprecedented rates of engagement in our community shows that people want to do more with music and have a greater voice in discovery and creation.

“Our partnership with 7digital ensures that the Triller community will have access to a comprehensive and global music catalog.

“It also provides back-end capabilities that are essential to our platform’s appeal, enabling us to properly compensate artists and publishers when their music is streamed in viral clips.”

source: https://celebrityaccess.com/2020/08/12/tiktok-rival-triller-licences-all-3-majors-merlin-via-7digital/

Triller Signs Contract With 7digital, Adding 80 Million-Song Catalog For Users to Soundtrack Clips:
https://www.billboard.com/articles/business/9432820/triller-contract-7digital-song-catalog-clips

Triller Surpasses TikTok In The App Store
As TikTok’s future in the US gets decided, TikTok rival Triller has leaped to the number one spot on the “Top Free Apps” list of the app store, beating TikTok, which came in third:
https://www.alistdaily.com/social/social-media-news-081020/

from https://catenaeinnovation.com/news/helping-the-hospitality-industry-safely-securely-welcome-customers-back/

"They are then given a unique customer reference, displayed as a QR code on their app when entering any premise, which the staff simply scans. The app works as a standalone product or it can be seamlessly integrated into any apps businesses already have."

and what the government has said: https://www.gov.uk/government/publications/developing-nhs-test-and-trace-business-plan/breaking-chains-of-covid-19-transmission-to-help-people-return-to-more-normal-lives-developing-the-nhs-test-and-trace-service

"We are committed to ensuring the highest standards of data privacy and data security. The app is built using the Google/Apple application programming interface (API) and a Quick Response (QR) code system, both of which are based on a decentralised model where the government does not have access to citizen data."

reading through the HospitalityID App. considering that the gov is driving people to spend and hotels and restaurants have limited capacity at the moment can imagine this being of massive use

https://catenaeinnovation.com/news/helping-the-hospitality-industry-safely-securely-welcome-customers-back/

if the is CTEA embedded tech then the SP will rocket, looking at very high rate given the population and usage of UK

With the stonechecker now being picked up by a "major international medical group" being paid cash plus a royalty, this opens the doors for their other products to follow the same path.

I could imagine the " major international medical group" also putting in an offer on the other IQAI products, to lock down exclusive rights and this could mean massive revenue chain for IQAI

things to consider:

1) guarantor loans operate expecting only a certain percentage of people pay back X amount. buy having the high interest they only need to make back the original (principle) amount plus some interest. in fact, they want the original amount back fast then only need a small percentage then can reloan out and once again get a small percentage back. the business is geared to lots of loans and consistent returns.

2) the UK (and global) banking are not in a position to loan due to the current C19 situation, as such making it harder to get a loan with you dont already have liquid assets or something to loan against. as such Amigo makes its a more likely place to get some loan than a bank etc...

3) the british people live on a mentality of live now pay later. the whole economy is staked on debt (thats what a mortgage is, you dont own the place the bank does, you pay then rent in reality). as such once again Amigo as a service fits this way of life.

4) Amigo has the volume, infrastructure, expertise, and resources to weather this storm and come out the other end with more market as smaller loan facilities end ( Piggybank being dissolved last year)

think about it strategically, how best can you (as a major shareholder) get the board members and other staff removed from a company.

simple start dump shares, which devalues the brand and sends a message of no confidence to the market. this in turn makes whoever is running the ship look bad and have to jump rather than ruining their reputation.

alongside this, you can have your friends and cronies buy up the shares on the cheap and start building our own power base that will support you. then when the time is right to start buying massive share volumes again to consolidate the position.

if you know anything about JB, its that he is very competitive, he loves proving people wrong, and takes massive pride in the things he built.

I would not be surprised if he is dumping shares to keep the price low and force out older investors that bought high, then will buy lots of the shares back once he knows things are moving in the direction he wants.

to be a major volume holder and see Amigo get back to a high SP would be his current dream and goal so he had tell the people that voted against him to F off.

Great for the price balancing that happened this week, hopefully clearing out a lot of the early low investors and bringing in new ones.

this has created a fantastic price platform , so when commercial news drops we can reach higher levels.

Hope everyone has great weekend, best wishes

exactly @underdog1, once the flood gates are open we are in for some great times

consider the nature of the product, this is an infrastructure and people management tool
as such it would involve multiple roles and decision-makers in companies (IT, C-Suite, HR, Ops)

For this reason, it can take a few weeks from opening conversation to close, once all parties are in sync and alignment.

the great thing is at the moment companies are working faster and harder on getting these kinds of tools in place as essential.

i imagine the team are looking to onboard a big org first and some uni as part of the market awareness piece, this will in turn drive sales faster with more adoption.

this is a snowball product, that will gather fast pace and usage once it gets going

the company are very openly saying that big things are in the pipeline and going to be happening.

locking in the CEO and CFO is a stability play, and doing the shares with vested brackets is a big pay day for them and could be seen as a clear sign that something is happening.

top line of 50p a share is a fantastic SP for any investor now.
a matter of when rather than if.

the new shares to the BoD is fantastic news.

Consider that the BoD know exactly what is happening with the company and partnerships if they are locking this stuff in place now it could be a great indicator of a big sales and partnership in the works

also looking at the vesting price points, it's usually safe to assume that just below the halfway point is their current realistic target with the upper price being a dream. so we are looking at an SP of around 22p to 24p

massive news and market potential

https://www.businessinsider.com/tech-companies-worth-billions-unprofitable-tesla-uber-snap-2019-11?r=US&IR=T

"Many of the world's most valuable tech startups have never been profitable, raising billions of dollars from investors while still losing money every year.

Tech startups typically focus on rapid growth in their early years, burning through investor cash in order to expand.
Massive brands like Uber, Snapchat, and Spotify are among those that have yet to make a profit.

Wall Street is becoming more accepting of this startup model — investors are willing to tolerate negative cash flows for increasingly long periods of time."

Often when that many shares with vested prices are sold to senior management with a lock-in contract, it is a good indicator that the company is looking to be acquired, hence the price brackets of vestment.

so it does not matter what revenue the company brings in, it matters what someone thinks the technology and market are worth

https://facilityexecutive.com/2020/07/the-role-of-data-in-transforming-the-post-covid-workplace/

"In the aftermath of the COVID-19 pandemic, businesses are facing entirely new utilization and wellness challenges. When bringing employees back to the workplace, there is no one-size-fits-all plan. Each organization will face unique circumstances. Some will have too much space; some may stagger the return to the office; and others may ask that most of their employees continue to work remotely. At the same time, the risk of regional flare-ups of COVID-19 that could result in “local lockdowns” also impacts scenario planning.

For this reason, data and technology play a significant role in the return to the workplace, not just in keeping employees engaged and safe by maintaining social distancing and creating a productive environment, but also in maintaining buildings, maximizing space, and analyzing costs."