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Why would three directors have sold shares at 24p if prospects going forward were so good. Doesn't make sense. Perhaps NGR could explain. Afterall if they wished to reduce their holdings for personal financial reasons they could have done it at a less significant time.
Pokerchips
Thank yuo for your response. I was concerned that Google might be entering the Elivate market. It would appear not the same product at all. That is not to say one of the big boys are not looking at the video editing space. They could of course buy us out, if they would be allowed too. Hopefully Blackbird will get a move on now they have a product to sell.
All of the major vendors have been looking at ways to use AI to help customers develop creative content. On Tuesday at the Google Cloud Next customer conference in Las Vegas, Google introduced a new AI-fueled video creation tool called Google Vids. The tool will become part of the Google Workspace productivity suite when it’s released.
“I want to share something really entirely new. At Google Cloud Next, we’re unveiling Google Vids, a brand new, AI-powered video creation app for work,” Aparna Pappu, VP & GM at Google Workspace said, introducing the tool.
Does the above impact Blackbirds video editing offering. Comments.
Agreed. Now needs to start paying dividends as a utilty stock.
It is quite normal to release software for free for a period of time to new users, it allows the users to try it without commitment. For example see Figma, a company with a disruptive product like Blackbird which Adobe wanted to buy for $20 Billion.
Gallat
'Re-assuring me of no raise.....' You are unbelievably nieve what makes you think he was going to give you personally prior warning of a raise. You point me to a CEO who as ever done that. I am begjning to think you are a paid de-ramper.
The only one certainty within this scenario is that it was designed with the director's best interests in mind. If we start from this premise, we are more likely to anticipate the subsequent outcome. Ever since the ridiculous Samsung settlement it has been self-survival mode for the lot of them.
Surely the problem with all these schemes us the infrastructure costs. How do you link the heating pipework of thousands of existing houses together? The ideal solution would be to use the hot water to generate electricity, but you need much higher temperatures for that than obtainable from old coal mines. I think it is a case of green zealots clutching at straws. Fracking was and still is the answere to the UK's energy needs and energy security, if we only had politicians with some backbone.
Surely if the company knew that signing of the MSC/Cargill or Morroco agreement was imminent, it would have made sense to done the fundraise afterwards as the share price would have been higher with less dilution. This would have been more beneficual to LTH's.
Lemonade311
I do not see any similarity with Sears at all.
AI capabilities are being massively overhyped. The AI models will never produce 100% accurate results due to the mathematical and statistical limitations of the process. Therefore can you imagine studios producing a film and then using some AI platform to dub and or localize it and then just issuing the resulting product without manually verifying the result. Once you start checking the resulting product, you might as well have manually done the dubbing/localising in the first place. I am not sure that the authors/scriptwriters would be too happy either with an approximate translation of their work.
Details of Dyson case available on the internet, but reasons for rejection of Dysons appeal not clear.
BRUSSELS (Reuters) - The EU's highest court dismissed an appeal made by Britain's bagless vacuum cleaner maker Dyson on Thursday for 176 million euros ($193.39 million) compensation from the European Commission for alleged losses due to EU energy labelling rules.
Dyson had challenged rules introduced by the EU executive in 2014, saying labelling requirements on vacuum cleaners discriminated against its technology, misled customers about the efficiency of some vacuum cleaners, and unfairly benefited its German rivals.
"The Court of Justice rejects all the arguments put forward by Dyson and thus upholds the judgment of the General Court. Consequently, the action for compensation brought by Dyson is dismissed definitively," the court said in its judgment.
Dyson had won the backing of the Luxembourg-based General Court in 2018, which scrapped the labelling rules, but the same court dismissed Dyson's case for compensation for losses allegedly incurred because of the rules.
A spokesperson for Dyson said the company "made history when it won its case in 2018" and that fact "makes today's judgment on damages all the more perverse".
If I am not mistaken Dyson won a case recentlt against the EU but were refused compensation with no right of appeal. Very simmilar circumstances where their vaccuum cleaners were classified incorrectly. The EU are literally a law unto themselves.
The problem here is that they are entering a completely new market. How are they going to sell the product to customers who they have had minimal or no previous involvement. Assuming the product will be sold as SaaS with initial charge followed by annual fee based on usage, sales to enterprises will take time to negotiate. This means I can see cash flow becoming a serious problem to Blackbird.
This company needs to start paying dividends once short term debt has been repaid next year. Until then I see no prospect of a significant increase in price above current levels. It is not much more than a utility stock without fracking.
Gdog
The word "afoot" is derived from the Old English word "on fote," which means on foot. Adequately describes the speed of any progress being made by Tremor methinks.