Member Info for geeforce2010

David Smith was not on the board of directors, so no need to RNS his departure, he may have decided not to renew his contract and do something else but is still involved in company as a consultant, better for tax for both parties and has still 5million options to play with!

DS was not on last weeks RNS , MSchimedia (spelling!) was, maybe because they are focusing on IB in the states and stonechecker being sold his role as a full time director not required, still he has plenty of shares and options, I liked DS very much and will look out for were he goes next.

Is rather than have, agree! Must be getting a consultancy fee for this work!

IB helped AI obtain clearance for CE/FDA is how I read it

IQAI tweet re AI brain imaging! You can see why now they are focusing on IB! Going to be huge!

Think the twitter pumpers have decided to sell! SP taking a breather, nothing goes up in a straight line!

Well a disappointing finish to year from a share price view after the fireworks of summer, hopefully a quick sale of stonechecker in Jan/Feb, that’s how the bankers will get paid, so in their interest to move it on quickly. Company can focus on IB market and move progress of products quickly into market, regarding funding, DS has stayed £1million raised this year, also IB have substantial grant funding and along with stonechecker proceeds cannot see ant further share dilution going forward.
Finally as stated before, DS with share options,TB with 30% of company and loan notes and KS with 9million shares the only way they will get maximum value is buy sale of company which I can see with 12-18 months hopefully for a price well north of 4p, all that is left to say is happy new year to IQAI director’s and shareholders!

Make more money,nice avatar! I think once stonechecker sold and hopefully quickly, company can outline vision for future for IB and push ahead again quickly in 2020. Ultimately you have to faith in management because they are alined with retail shareholders and hold plenty, they gain we gain! TB/DS as said big pay off on sale of company which after the sale of stonechecker could make it more attractive to acquire.

Think it has been posted how company are surprised at how share price has fallen away, this is main market listed but behaves like a AIM share! Punters feel that they can get 5/10/15% short term elsewhere .Remember only 140million shares in circulation but only a small amount of shares being traded that are effecting share price and it can rise just as quickly!

Thanks readicant for posting, Good interview again by DS, I do like him, 2020 going to be a good year!, happy Xmas to IQAI shareholders and to you to blue!

Thanks Readicant on relaying back David Smiths or Trevor Brown thoughts, issue was in DS last video he said no news for awhile which caused the collapse of SP, don`t think he will make that mistake again, being to honest!
Big steps have been taken by the company this year and agree 2020 has the potential to be very transformational!
Danny agree about our friend but you should not base your investments on BBs but they can give good information about companies to help your decision making if necessary.

Going to be a good 2020!

CDog7, just ignore, he has no effect on what company are doing, all that’s happened is that is was pumped by twitter gang 2 weeks ago and because of no news they are selling out at a loss. SP can move fast both ways, I have held these last 2 weeks, bought a few more in fact! If you believe in products, directors, management and the end game then in my humble opinion you will do very well, just ignore the noise!

IB also had a grant of $2,750,000 dollars over 5 years post June 19 which will have to be added to cash, I do not see any placings for 16 months and business could be sold back end of that timeline.

At 30/6/19 they had £237k, since then they raised £275k and £500k so £1012, loss for 6 months to June 19 £140k so on that basis, let’s say spent £312 to end of November pushing business forward, so £700k which should get them to end of 2020 maybe into early 2021 and that’s is based on no improvement in income/sales.

TB owns his shares via freebook, per IQAI website shareholders 40% not in public hands, TB has £800,000 in loans to the company which can be converted to shares, hence my figure of £3million, hopefully news soon of the good kind!

Trevor Brown in his 70s, with at present value about £3million locked in here with shares and loans could be looking to sell? FDA approval product, IB doing well and both companies owned 100% by IQAI, approach may be in the offing or news of a tie up with another company to sell stonechecker/IB products.

40% not in public hands per website, this will move very very fast as indicated by the small buying today, could be a leak , who knows but glad I am in rather than out over the weekend!

Feel news next month on deals, will be 2 months from DS interview in December and that is the sort of time frame he gave, if not Jan 2020, as I said in my opinion 2020 for IQAi could be stellar, currently valued at 6million and 140 million hares in issue with FDA approval product and IB leading the field what’s not to like, ps ignore the noise!

Danny, I think IB is virtually self funding now with that $2.75 million grant over next 5 years along with sales, Stoneckecker is software based and with deals with other companies to sell software and on a saas subscription should be self funding with 12 months hopefully.

IQAI loss about £140k for 6months to June and post that they raised £775,000 so on that basis they should be ok for funds at least next 12 months, maybe 15months and at 130million shares in issue still quite low so it can move very quick with good news.