Member Info for DR777

So jolly jubilant January has turned out to be a joke.

Will fantastically fabulous February be a fake?

We've got half year results and quarterly kpi's coming.

How about a February with a forty percent rise.

The video is from a month ago or CES time.

So very very soon is more or less now.

The older we are, the more near misses we have.

Even recently; when SM announced collaborations with Nvidia and Qualcomm. I chose to invest in Qualcomm.

@Hope

"I have mentioned in an earlier post that a USA firm is targeting UK Tech stocks to keep the price down but slowly their Efforts seem to be futile."

Can you say 'why' they doing this? And why are their efforts futile. They seem to be very successful with regards SM.

Or it's guardian + CAT

Baxter:

4th paragraph, you'll find it is being launched.

'' Seeing Machines Limited (AIM: SEE), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, is proud to launch Guardian Generation 3, the latest version of its Aftermarket Driver Monitoring System (DMS).''

Need to differentiate between negativity regards the company and negativity regards the share price.

We are all frustrated at the latter.

But most of us believe in the company which is why we are invested.

I predict disappointment

If you ask me, you are being chutzpadik, taking the break while we suffer.

Chutzpah:

How can we know what went on in the negotiations?

Take it or leave it?

Started at 30p and Paul got it down to 20p?

Did Paul have an alternative?

As Phil said but you dismissed; maybe Paul thinks it will be revised come June when it is not achieved?

Maybe it's last chance saloon for Paul?

Meantime we are further away from the target than when it was set.

Hopefully, come June Paul will have achieved the 20p and we will all be happier.

Just want to highlight one small point.

2027 models hit the road in 2026 and we are in 2024. So it could be 2 years and not 4.

BTW, Paul has been wrong as well.

FangKat doesn't post for 4 years and then on another board asks

''We could dare to hope this incessant selling has come to an end.?''

Then comes here and asks

''Could anyone say why the big sells keep occurring?''

Take him/her seriously.

Where do you see big sells?

In total today appx 350,000 shares have been sold. That is not big!

They won't list it on their site until after the ceremony tonight

We are profitable in FY 2025 ( or at least break-even ) and that starts in 7 months!

''The software used in this system has now shipped over 1 million units both domestically and internationally.''

This , we can assume is talking about auto and not fleet and they are still talking only 1 million.

Seize:

As far as I am concerned, until it's confirmed, it's still a secret.

Bit like transfers in football - until I see the player holding up the shirt and signing the contract - I don't believe the speculation.

Concept:

Especially when you're selling 50% of your holding.

Sorry didn't post the link for the source:

https://seeingmachines.com/wp-content/uploads/2023/11/2023-SEE-AGM-Notice-of-Meeting-FINAL-V3-CLEAN.pdf

Resolution 5 Approval of issue of rights to Paul McGlone

General Information

Pursuant to Section 208 of the Corporations Act the Company (as a public company) may only provide a financial

benefit to a related party if the Company’s members approve the transaction or the giving of the financial benefit

falls within one of the exceptions in sections 210 to 216 of the Corporations Act.

Resolution 5 seeks Shareholder approval for the grant of 10 million performance rights (Rights) to Mr Paul

McGlone, the Company’s Managing Director, under the Company’s Employee Benefits Plan (Plan). If approved,

the approval applies to the issue of the Rights under the Plan and the issue of Shares (if any) on the vesting of

those Rights.

Further information on the Plan is provided above under Resolution 4.

The Rights will only vest upon satisfaction of the vesting conditions (see below for further details) which are

measured over the three-year period from 1 July 2021 to 30 June 2024 (Performance Period).

The Rights will be performance tested shortly after the end of the Performance Period (Testing Date).

The Company has chosen to provide reward and incentive to Mr McGlone in the form of Performance Rights in

order to align his interests with those of the shareholders.

If Resolution 5 is passed and the vesting conditions described below are satisfied, subject to any adjustment in

accordance with the rules of the Plan (e.g. upon a capital reconstruction), Mr McGlone will receive one Share for

each vested Right.

Vesting Conditions

The number of Rights which vest on a date will depend on the extent to which the vesting conditions applicable to

the Rights (Vesting Conditions) have been satisfied for the Performance Period.

The Vesting Conditions applicable to the Rights relate to share price performance and EBITDA, each with a 50%

weighting, and continuous employment.

Share price performance

The share price performance criteria are as follows:

SML Share Price Per Share

(pence)

Vesting % Number of Rights Vesting

≥20.0p 100%

>12.0p to 20.0p Linear sliding scale^ Linear sliding scale^

12.0p 40%