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StayLong.
Very dangerous to give investment advice to friends and family. I've done it, with what I considered fantastic bets. When it goes wrong, at the very least it's embarrassing, for me that has been the case. But for some, I bet it can break relationships. As for DGI, well I'm a fan but I would support the idea that having ex senior Tesla guys on board is just slightly beneficial. I mean they have taken positions in other companies as well as us, so don't appear to be 100% dedicated to us. Also Tesla employ an enormous number of people and probably only a small fraction, like probably less than 0.1% are in communication outwith Tesla with suppliers or relevant organisations connected with their role in Tesla. So how are the roles of our guys when they worked at Tesla connected to our requirements. I thought they were high up in car sales, were any senior in the Engineering and production development side at Tesla? The gains as influencers from Tesla will be very limited just to the roles they had at Tesla imho.
I put money into this company way back when the 'cloud' was a new thing, I got that wrong, although luckily I did not take a loss. That must be a decade back or more. Now the cloud is established and used by everyone, the creator community has grown massively and our technology works with AI, I'm convinced this is the time when our disruptive technology will take hold. The rewards could be enormous, but like any investment there is always a risk.
What's all this stuff about share buyback. I keep seeing it on threads, I can't think of any AIM stock that it is appropriate for. It's the last thing the company should do. The money we have has a purpose and that is no to buy are own stock, what a risk that would be! Share buy backs are for companies that have multiple assets with far greater value than their market cap, not for companies with a little cash in the bank. It's for RIT or BP or Shell
What's all this chat about share buy backs, listing on Nasdaq, buying factories and dividends. None of those make any sense for this type of business to develop at this time. You may get dividends in 5+ years if you are lucky. I appreciate the company developing a small initial production line for the drive trial rollout, but when it comes to full commercial production for the drive at the massive scale that will be required; production will, I would have thought, be outsourced and/or produced under licence. Yep the graphite from waste project probably could be done fully in house with appropriate funding and offtake agreements, but buying back shares, buying factories and listing on Nasdaq are ways of burning valuable cash.
Share buy backs are for investment funds like RIT where the value of their actual material assets and/or stock investment holdings far exceeds the value of the funds shares. The oil/ gas companies are another example where share buy back is often used when SP drops below the total assets and funds available.
Name me a British engineering company that has listed on Nasdaq and gained any benefits from it? It costs a fortune to gain and maintain a Nasdaq listing and anyway are market cap is surely miles from the required level.
Why would we waste money buying factories surely we would lease them. Surely we are not planning on going into land/property ownership/development, that is not our business.
I certainly hope the company does not take development routes suggested by some on here!
Charliegeorge1 So should we assume you have sold your shares? Development takes lots of time and money in this industry. I doubt elevate.io will be the final product, but with all the effort that has gone into it, I am convinced it will be the winner. I have followed this company from the start, I've never been so excited about it's future prospects, the creator community is needing a premium cloud based platform. elevate.io is at least a decade ahead of any competitor and is backed by all our patents. Exciting times ahead.
The only tenuous link with Google we had was through J Honeycutt (worked for them in the past), but he has just departed, so looks like we will need to conquer the world alone, hope elevate.io does it for us, summer games should bring us some publicity as well.
It's a shame John Honeycutt has gone. Oh well, we have other big things happening with the summer games approaching, so that should get the publicity going for us. Let's see what Elevate.io does, it certainly needs to work, we need the SP to get off it's bottom.
Oldslow66. I'm a bit confused by this comment of yours ”like a opportunity to make our own video on how bad lithium mining is, a few pictures of thin 6 yr old children digging it up should do the trick,do we have a p.a. department yet?" You don't get children extracting Lithium, I think you are getting confused with Cobalt and Cobalt is getting removed from battery chemistries as a result of the unethical mining in the Democratic Republic of the Congo the main source of Cobalt.
Are we connected with the development of YouTube 'Create'? It's just that it is getting tested by the YouTube community just now, so seems to fit in with same timescales as Elevate or is this just a coincidence? https://blog.youtube/inside-youtube/how-to-use-youtube-create/
This is just a suggestion, no direct evidence, just timescales seem same. Imho. dyor.
Oldslow65 This is one of the competitors in bio graphite production, I have seen others https://www.carbonscape.com/
Also I think oil companies are also creating graphite as well, but I would not buy an EV with graphite produced from oil in it, and if I was car manufacturer I would be very cautious going down the fossil fuels graphite route.
Harley64. I have a relative that has worked for Tesla for about a decade. Anyone who has worked in that company for a long period literally loves the work they do. People who enjoy their work don't waste time. We are so lucky to have these guys, things will get done as is confirmed in the last sentence of the article I just linked to.
Remember this contract with YouTube covering the Olympics. https://www.independent.co.uk/news/business/news/forbidden-in-youtube-deal-7904560.html would be nice if this time it's real integration with the platform. Have followed this company for decades, I'm sure us long term investors will see reward at some point, but probably not if you were 60 at the start of the journey.
In my dreams, I just think Blackbird would be a perfect fit for YouTube. I have noticed lots of major changes happening on YouTube recently. See here https://blog.youtube/news-and-events/youtube-new-features-2023/ . Maybe Elevate will have some special upload features for sites like YouTube, who knows, but all very exciting. Imho, DYOR etc