RE: Bitcoin29 Jul 2025 19:22
Through sheer madness, I still hold here, long & somewhat strong. Lack of news has dried up the board, sadly. In a sector that is 'hot' topic , this shouldn't ever be the case. Excitement should be building. Here, it's twiddling away. In an attempt to restore self faith, I've managed to note down some of the trades, more so the larger purchases /sells, even that is becoming tricky and leading nowhere. There's not been a holdings RNS, so it seems as if there's been swapping between a few of the larger investors, reasons as ever, unknown...
What I have discovered is the link between Cykel, Satsuma & potentially Tiger resources, soon to be Tiger Alpha. All are linked to JB. The lack of news through Tiger R is also distressing holders, who seem to have the radio silence treatment as well as ourselves... ??
Ewan Collinge is still active on linkedin, with no signs of complete blackout, which is reassuring. Small, but anything at this point is useful.
I truly believe the tech, Lucy/Eve & others are scalable. The real question remains on how much traction is actually being built. This is why we're here, trading under 2p and not 4+. It's too much of a gamble to invest when the numbers aren't available. Once numbers are published , it'll be either boom/bust. A simple binary as the competition will undoubtedly increase over time.
Cash burn is high, we've just hired a new sales agent? (Individual not Artifical intelligence). Where over 100+ applications were posted- source - linkedin. So, there's clearly appetite from those who are experienced in the field, which accounts for a lot, given there were no salary expectations posted.
Q2/Q3 is where the money is promised, we're sitting well and truly in that period. One enterprise deal (as we know it) and no doubt many other smaller deals singed. It'll need hundreds if not thousands to make any realistic revenue. Unless, they were always pitching to sell the IP to someone else, who can scale this on a bigger field than what Cykel can offer. (A possibility that isn't to be ruled out). I don't, however, believe you can put a patent on such an idea, given its essentially 'open ai'.
Myself and I'm sure many others invested in this with the same thought process, many have left, few remain. Its no badge of honour by any means, this could turn out to be a proper duff.
Although looking larger than what we know, the connections, links, potential, I'm safely in the 'hold for gold' category now, in hope that I'll be able to say "I was right". Been there, done that, sometimes sold and not got the T-Shirt, won't be doing that again irrespective of the outcome.
Goodluck those holders who are still contribute to this chat and provide information for all. As one poster said on here, fortune favours the brave....
Best of luck.
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