Member Info for firepisces

to a better 2021. Despite the sp, the co. didn't really do so bad if it wasn't for lockdowns. Market expectations were beat in H1 but the continued lockdowns prevented further growth.
We're due an update by end of Jan, hopefully will shed light on a few items.
Drinking edradour tonight. Happy new year all.

No lawsuits necessary. It will be sufficient enough just for Blis to admit to their error.

Hey grouchomarx. I thought about that too but this stock has tanked plenty times already with no reason why. I feel LSAI used the XMode situation as a rouse to release the defamation RNS. They didn't have to release it a month later just like they didn't release it earlier.
What I fear now is that LSAI and Blis will come to an agreement, without giving a market an update, leaving shareholders in limbo. In my view the real reason why the SP has dropped is purely on the basis of lockdowns and the decreasing ad spend revenue. It's in their last trading update. Just my opinion too.

this is going nowhere but south.

Nov 2019 - LSAI contract with Blis,
Feb 2020 - Blis alerts LSAI of flaw in Verify,
March 2020 - Covid19 Update RNS, LSAI informs market of launching updated version of platform,
13 Nov 2020 - Defamation letter sent to LSAI
11 Dec 2020 - LSAI defamation RNS.

What did the "upgrade" entail? Was it to rectify the alleged bug?
Why leave the defamation RNS 1 month late?

Without updating the market LSAI look implicit in this. Soon another share reallocation will be conducted to below 0.1p ordinary share.

Done in a rush or not, it's unprofessional and incompetent. especially to name the customer for the whole world to see. Anyway. Hoping for news this coming week regarding an out of court settlement.

They've misspelt NinthDecimal.

proof this is a bod lifestyle company.

I'm still bullish on this stock despite the rocky road. It's going to be tough but this should be the bottom once and for all. We'll see. I plan to go back and ghost this bb unless any major updates/developments arise. Any questions, ask. Goodluck all.

Read it again, and again, and again.
One thing I fear, even if LSAI prove the platform to be accurate, the defamation action is possibly still valid - in that "made false statements and allegations regarding Blis".
It all depends on the agreement between LSAI and Blis, in that "In addition, and no less importantly, Location Sciences works with end-brand customers directly to sense-check the quality of location data that is provided to them by suppliers such as Blis."
Based on the RNS, this is a win for LSAI, and I'm not just saying that. Because what has happened here is that LSAI 'sense-checked' the data with Unilever and/or Aldi - which Blis was unhappy with the outcome. Bunch of cowards if you ask me.

It is odd that Blis claims Verify is flawed. The cynic in me says they did this on purpose - in order to sue LSAI and eventually gain ownership of the platform - because it is indeed highly accurate and one of its kind ("the world's first independent location verification product").
As you say the risk is there that LSAI don't have the cash for a legal team compared to Blis - and if other media agencies join Blis. Mark Slade and his team are well known in the industry so that is unlikely. Why would a brigade wish to sue them. Only time will tell. Goodluck.

" this shows there are legal risks in verifying data and reporting about “false” data. "

Again, the whole £160 bln market is exposed to mass fraud. That was the whole point of Verify. You invested in the company based on LSAI to expose ad fraud where it is unregulated. That is one of LSAI's mission.
LSAI are being punished for being transparent, just like X-Mode have been punished by Apple/Google.
In this case however, Blis have shot themselves in the foot. I believe time will tell and all this exposure will be a positive for LSAI.

As is the whole point of the bloody platform.

Verify is not flawed. The data Bliss provided was flawed. Lsai proved this.

HappyRob, thanks for letting us know of their reply. Who was it signed by? Shame no comment on whether they are in touch with XMode.

The response is actually affirming because it is true X-Mode's data is only for Insights product where in fact LSAI's main product is Verify. Also, X-Mode is only one of the suppliers. Which is true.

With the updates to iOS and Android, users have control of their location data. It is anonymised - even in US. So in fact, location data providers are providing transparency. People just need to stop being paranoid.

Let's not forget NHS partnership.
Mira contract
InMarket contract

£1.2mln cash
£2.7mln equity

but only 2mln mcap. eh?
strong buy

Hello all. It's been a while since I last posted on here. Probably 6 months +. Hope you are all well.
This news on XMode is concerning. LSAI sold their location data collection assets to XMode which should be satisfied completely by December 2021. If Apple and Google officially complete the withdrawal of XMode's SDK from their apps, what are the legal implications from the XMode and LSAI contractual partnership. I understand it that, if XMode can no longer fulfil their obligation (i.e. to provide LSAI with location data), it raises questions on whether the assets are therefore returned to LSAI - and if true, LSAI must release official news. A point to note, XMode and LSAI conform to GDPR, however there is no US equivalent, and GDPR doesn't apply.
If anyone indeed has contacted the board, please provide us with an update - as we all know communication from them is sparse. Thanks

What's the price of the newly issued equity? Why not in RNS.

Not sure how many of you believe in technical analysis, but 50 MA crossed 200 MA suggesting bullish upturn last week. Seems to be holding. Let's hope trading update next month validates this. I still think this is a majorly undervalued stock at this price.

lol lol. socialist run? do you even know which ministers are in charge of ofgem? they are not socialist and far from it.
ofgem is levelling the playing which is in fact promoting competition - far from socialism!
if any "chaos" at play blame the ministers and people in power. They're right in front of your eyes. Don't "hate" just because you saw your investment crap in the turd toilet because of a greedy and lazy BOD. Time to move on and create innovation. Dinosaur.

I've been watching since £1 and kept saying I'll buy now great price. But it kept falling. What is your reasoning that this is 'cheap'. I mean yes it does look undervalued, but it could still be cheaper. When reality kicks in that finances are no good, this would drop back to 45p. THoughts?

What? What planet are you living on? Just because hmrc gets 10% from import duty (assuming that is even true) what makes you think it will in turn reduce income tax for public Joe?!