Correction.. Fag packet sum is Zero. Keyscaler doesn’t go into the MCU but can work alongside if chosen.. You actually copy and paste that.
‘The use of the word or term “partner or partners” on this Web Site does not indicate or imply the existence of any partnership or agency relationship or any legal or fiduciary relationship of any kind between STMicroelectronics and any other company or that such company is an affiliate of STMicroelectronics in any way. The partners in STMicroelectronics partner programs provide separate licenses for purchase or use of their products and/or services and related technology with STMicroelectronics devices. Contact the appropriate partner directly for licensing terms, price, support any other information on such partner’s product and/or services.’
Doesn’t have an agenda…
Who’d believe that!
How many 1%ers have come forward rodders???
Says it all….
By they way, Rodders openly admitted selling Tern to buy Piri. That’s trading. Pot and kettle. Porkies and pies..
What if the deal doesn’t go ahead Rodder’s??? Sisto has played a blinder, he now knows that the ADFVN mob have no ammunition, they’ve been shooting blanks at him for years.
PIRES Bulletin boards for information…
As he ignores Tern’s Financial Statements and publications.
For a start
Investment Companies are valued on NAV
Tern’s NAV is mainly based on the valuations of its portfolio companies
Tern’s valuation of their portfolio companies is an estimate of the price to sell the asset. This is signed off by the auditors.
Tern have never promised a dividend at any percentage. Not even 1%.
All they have said(in writing) is what I mentioned in a previous post.
Tern can’t tell investors behind closed doors that they’ve received offers for DA of up to a £100m. That just didn’t happen..
I do feel sorry for Sisto at times. How can he justify his actions to fantasists?The PIRES deal will at least water down these down, they have become a nuisance..
Distribution to shareholders will be inline with the BVCA performance measurement survey. The data gained from this survey tells you the return will be less than 200%. Tern’s primary objective from any sale is to minimise future dilution….
Should have traded it Antelope…
Oh. I am sorry. Didn’t DA get valued at £30m last december. But noo! It’s a billion, make it 2.
DA had their pants pulled down on the last fundraise, Darron is still licking his wounds. What for??? Venafi!!
You are valuing DA the same or greater than Venafi. Venafi wasn’t even the largest investor, That was Tern.
DA has 1 product that isn’t selling. The patents are over half way through their lifespan. DA doesn’t work with Microsoft, keyscaler works on the Azure platform and is available on the Azure marketplace. Depending how much you want to spend determines how much marketing Microsoft does for your product. But!!! Every product available on the Azure marketplace works with Microsoft.
DA’s accounts do not shout… Unicorn!
Tech companies are getting a hammering, especially the ‘Fake it till you make it’ wannabes.
If DA is a start-up then I’m a teenager. Face it. It’s a small business that spends way too much on marketing..
If Antelope believed his own nonsense and valued DA at £1bn then this deal with Pires would be insane. Nobody believe’s it, the Pires investors don’t believe it, Sisto himself doesn’t believe it or this deal wouldn’t go ahead.
If you listened to the green boxes you’d have your house in the sun.
Rodder’s is happy with Tern and is displaying ‘Strong Buy’ whilst selling and buying Pires.
What a numpty..
Soooo. A cash strapped company increase their operating costs by absorbing another cash strapped company.
You could have all invested in Pires last week if you wanted without the dilution of your Tern stock. This isn’t adding shareholder value..
Is Tern and Pires struggling to attract funding??
Fundraiser is bad
No fundraiser is very bad
Net Sales for Wyld in 3 months was £400…
You couldn’t make it up..
We’re inundated! Inundated John.
Too, Remember the hype about Ascom and Wyld’s partnership.. Wowwww! Wyld have partnered with Ascom.
How has Ascom’s revenue and client base helped Wyld???
£400…
Was aiming his comments at the folk who thought news for an FVR IPO was imminent with a valuation of around $500m….
Tyrano on ADVFN has shown his true colours…. That goes for Maarlicky aswell.
With no extra pennies going into Tern’s pot then a placing in June is inevitable. Why would an investor pay a premium?? These revaluation events barely justify Tern’s wages…
And Rodder’s is quoting a figure that DA doesn’t agree with. The last known confirmed revenue figure published by DA was for $57k, the company that Rodder’s highlighted quoted just over £3m for the same period.
So it’s nonsense.
Venafi did send in ‘the accountants’ and there was no uplift given to DA’s price per share since the published $57k revenue. Tern did say that DA had 2 quarters to build value.
Venafi didn’t get a discount, everyone involved in the fundraise paid the same, too, this established the conversion price of Tern’s outstanding CLN’s.
The Bloomberg Terminal isn’t some rubbish website. If DA’s revenue figure is on there then Tern need to come clean. They have spent millions and received bonuses, for what???
Any serious investor would want a serious answer…
DA had 2 quarters to add value.
It was then agreed(after the value building 2 quarters) that DA with all of their webinars and partner building in past 5 years that there was no uplift in the price per share and the deal was done.
DA happily took over £2m in new money and suffered dilution…
Job well done Darron…