RE: Plenty news to come3 Aug 2024 13:13
Isn’t it amazing how so often the most slow and dull witted are often the most arrogant .
In your comment, you used the word “ genuine “ .Also my remarks were directed towards the holdings in getvisibility that Mfai has and you don’t know ,whether directly or indirectly, if I am an investor or not in that company .
Anyway,
“The facility comprises a two-year £1.235 million unsecured loan facility accruing interest at 7.5% per annum with a bullet repayment of principal and interest at the end of the term.” Due December 2024.
So this has to be paid or refinanced and not from possible proceeds that are possibly due by then from disposal of investments , promised or otherwise .
Also,dimwit, you might like to read the latest report from “the information “ publication in their review of AI startups
“AI startups, too, seem to be quickly coming to terms with how hard it will be to generate enough revenue to pay their bills in the near term.”
As I said , I am going to wait and see as getvisibility does have potential .