RE: Bidstack obviously believe they're in the clear. They raised £10mill to grow US.3 Jan 2023 15:31
Nothing like a bad day to get Gridz all animated. Surprising really given he only ever bought at the beginning of the bidstack journey. i.e. the ups & downs between 2p & 4p are relatively negligible when you're working at a 20p+ average. Alas, you're full of hate, fud & ulterior motives so I guess it's of little to no surprise. Also nice to discover helx1's other alias today... really should strive to disguise your writing style better.
For a mid/long term holder like me (now 1.5 yrs+) the news today is definitely disappointing. It does astonish me how a 'ground-breaking' 2-year deal can come so far south so quickly. The lawsuit is about non-payment of income due to Bidstack by Azerion + the threat of related damages re the unfulfilled duration of the contract (i.e. on the table will be $30m less the income relating to ad spend committed & achieved to date). An update with figures including the sums outstanding & paid to date by Azerion is definitely required asap & is would be the fair thing to do for all shareholders.
Asides from this deal, the company is healthily funded for the foreseeable & it will now be even more interesting to see the progress with other deals, especially from the US team. A confirmed revenue pipeline here could dwarf anything seen to date, finally providing the company with the re-rate that most genuine holders know will soon come.
Still holding all shares & with some reasonable clarity over this dispute, will continue to accumulate.