Member Info for Jarv55

"This is a very exciting and material development for Getvisibility in terms of its partnership with Forcepoint, a multibillion-dollar company and the integration with OpenAI, an $80 billion dollar company, and is recognition of the sophistication of the technology that they have developed.  Furthermore, Mindflair has a significant exposure to Getvisibility both directly and via SVV1."

Gareth Burchell-Director quote:

"This is significant news, and I would like to congratulate the Getvisibility team for the progress made in the fast growing and exciting space of AI cyber security. Partnering with Forcepoint, which is a multibillion-dollar company and now the integration with OpenAI, who are an US $80bn company, is testament to the sophistication of the technology they have developed".

Getvisibility is an AI data visibility and security company and is part of the Sure Valley Ventures portfolio (Sure Valley Ventures Fund 1 ICAV) and as a reminder to investors, Sure Ventures PLC owns 25.9% of the fund, as part of its portfolio.

As previously announced, Getvisibility has developed an AI-powered platform for data discovery, classification, security and governance. The technology is underpinned by Artificial Intelligence models (AI) and the strength of the technology forged a partnership with Forcepoint back in 2022, to launch a joint product powered by the Getvisibility platform.

Forcepoint is a global leading American multinational software company, headquartered in Austin Texas, that develops security software & data protection, cloud access security, firewall and cross-domain solutions. Forcepoint has revenues in excess of US $680m , has 2,000 plus employees and is owned by Francisco Partners (US $41.9bn AUM).

On the 18th of July 2024 Forcepoint announced a new GenAI Security Solution and a collaboration with OpenAI, using Getvisibility's cutting-edge AI technology. The new launch is set to transform the data security landscape by providing end-to-end visibility into how and where sensitive data is being used. The technology will integrate with some of the top Large Language Model (LLM) providers and puts Getvisibility and its partners in a unique position in the market to help organisations gain control of their GenAI security.

AI's widespread use and data demands, coupled with cyber threats like ransomware, make privacy and regulatory compliance increasingly complex. This newly launched solution empowers businesses and government agencies to securely leverage GenAI innovations, accelerating their AI transformation while maintaining stringent data security and compliance standards.

Forcepoint has also been announced as one of the first security vendors to integrate with OpenAI's ChatGPT Enterprise Compliance API. Available today, Forcepoint DSPM, which is powered by Getvisibility, uses this API to give businesses unparalleled visibility into how ChatGPT Enterprise is being used throughout their organisation. This compliance integration with OpenAI is a significant achievement, as it demonstrates Forcepoint and Getvisibility's capabilities in the AI security space.

Getvisibility has experienced significant traction in the last six months, reaching the milestone of 250 customers across 39 countries with multi-million ARR. They recently launched their GenAI readiness suite which allows organisations to test and contextualise and protect their data before they share it with large language models. Working with some of the top LLM provides to integrate into their platforms puts Getvisibility in a unique position in the market to help organisations gain control of their GenAI security. Sure Valley Ventures initially invested in Getvisibility in March 2020.

Will be interesting who throws their hat in the ring. But if Trump does win it will be good for Eua he wants peace.

Will be interesting to see if we get any Tr1's from Akers or Riverfort here

price is holding up at the moment https://invst.ly/15jx3w

Anyone know what averages akers and riverfort have?

Renewable side and pay attention to this as all governments are pushing hard towards cleaner energy. Mou's are in place and exclusive agreements. 50mw battery storage system. huge growth potential. They have grants from the Japanese government and have applied for more they have a 24mw wind farm project to generate power for a hydrogen project revs due in 2025. Mous signed with a major Chinese utility for 1.5gw.

Davey based on fundamentals this is a buy

Based on the figures set out above, this disposal has the potential to generate proceeds for Mindflair of circa US$6 million depending on the value of iR shares, a circa 470% uplift on SVV1's carrying value of Landvault as at 31 December 2023 and an increase in the net asset value of SVV1 from the value at 31 December 2023.

Furthermore, iR has also today announced a US$350 million minority investment from a private multi-family office focused on global technology, media, and real estate, increasing iR's valuation to $5.1 billion.

Further details will become available once iR publishes details of its proposed listing on Nasdaq, although there can be no guarantee that a listing of iR will ultimately take place.

iR is an innovation company powering the next generation of digital media and ecommerce through AI and immersive technologies. iR's virtual worlds enable brands and creators to fully control how they distribute content, engage audiences, and monetize their creations while maintaining ownership of their data. With deep expertise in Hollywood production and extended reality ("XR"), iR is redefining the infinite possibilities of connected digital environments in the modern age. iR's portfolio of brands includes the Drone Racing League, XR production facility Thunder Studios, creator talent management firm TalentX, and digital marketing agency Fearless Media.

The company is backed by a number of investors including RSE Ventures, Liberty Media, Lux Capital, Lerer Hippeau, MGM, CAA, T-Mobile Ventures, Courtside VC, Exor, Terracap, IAC, Live Nation, DJ and producer Steve Aoki, rock band Imagine Dragons, NBA player Rudy Gobert, Interscope Records, and more. For more information, go to theinfinitereality.com.

SVV1 is a venture capital fund, investing in a range of software companies with a focus on companies in AI and ML, Immersive Tech, Metaverse and Cybersecurity sectors. The fund is run by the same SVV team which has been highly successful in achieving a number of cash realisations from, and upward revaluations of, companies in the SVV portfolio.

SVV1, which includes a cornerstone EUR 10 million investment from Enterprise Ireland, was launched in March 2017. SVV1 is currently in its investment realisation phase.

Nicholas Lee, Director of Mindflair, commented:

"This is a very exciting and potentially material development for Mindflair given its significant exposure to SVV1. We very much look forward to further news regarding iR's proposed listing."

This is from the Sure Ventures rns Based on the figures set out above, this disposal has the potential to generate proceeds for Sure Ventures PLC of circa $ 8.3 million depending on the value of iR shares, a circa 470% uplift on SVV1's carrying value of Landvault as at end of March 2024.

SVV1 has a 7% shareholding in Landvault, and Mindflair has a 13% direct interest in SVV1 and a 5.3% indirect investment in SVV1 via its holding in Sure Ventures plc. The purchase consideration for Landvault would comprise new shares in iR and it is expected that this company will be seeking a listing on Nasdaq in Q3 2024 through a combination with its SPAC partner, Newbury Street Acquisition Corp.

How can this be a pump and dump read the rns Davey they have about $6million dollars incoming. What you should be asking is do they hold that and get more on Nasdaq or do they pay out a divi or do a share buy back either way Mfai is worth a lot more than it is today.

Bouncing now going to be volatile today.

Maybe the mms got caught short

Worth a read this was before todays news https://www.voxmarkets.co.uk/articles/mindflair-reports-steady-progress-across-ai-focused-portofolio-in-fy23-722052a/

Https://x.com/TheLandvault/status/1810672057513865375

Gobi-Bear. The fundraise gives management the ability to drill the GobiBear 1 exploration well. The well is located in the southern end of the

prolific Tosun Uul sub-basin, close to the Heron discovery, and could have

potential recoverable resources of approximately 100 mmbbl of oil. It

should be a relatively cheap well to drill and success would open up

additional exploration targets in Block XX, which could add up to 200

mmbbl to the reserves at the Heron field.

▪️ Renewables. Petro Matad has been building up SRE (SunSteppe

Renewable Energy), its renewable energy joint venture. Two projects –

Oyu Tolgoi gold and copper mine and Choir Battery Energy Storage System

– are moving ahead. The additional funds will help to move these projects

forward to a stage where they are internationally bankable and at a buildready status. SRE also has other projects in its portfolio. Management

hopes to carry out additional work to allow these to be ranked and then

move forward with the more exciting projects.

▪️ Conclusion. Prior to the fundraise Petro Matad had net cash (including

financial assets) of US$4.5m at the end of 2023. This was sufficient to

move ahead with the Heron-1 completion. This fundraise, of c.US$9m

gross, will allow the group to accelerate its growth. On the Heron field, the

group is looking at drilling an additional well, which should accelerate cash

generation. There is now money to start high-impact near-field

exploration. The additional funds will also allow management to further

develop its renewable energy projects. We believe that this increases the

potential to add significantly to shareholder value.

Stale bulls will always look at the negatives. Very frustrating when there have been delays however over the next few months Matd could really deliver good value.

Petro Matad has announced that it is has completed a capital raising

providing gross proceeds of approximately US$9m. On top of the US$4.5m

cash at the year-end, this will give Petro Matad sufficient funds to grow the

business. The immediate task will be to commence the development of the

Heron Oil discovery, which will allow the group to start generating cash

flows. Management will also look to drill the high-impact Gobi-Bear

prospect and invest in its developing renewables business. We believe that

this fundraise will allow management to grow the business at a faster rate

than we had originally expected, potentially adding significant value for

shareholders.

▪️ Heron oil discovery. Following the recent approvals for land access from

local authorities, Petro Matad is now in a position where it can complete

the Heron-1 oil discovery well as a production well (funded from cash on

hand). This will allow the group to start producing oil and hence cash flow.

Discussions are underway with DQE, the leading oil service provider in

Mongolia, about timing of operations, with work expected to start in July.

The fundraise will also give the group the ability to drill and complete the

Heron-2 well. Assuming the well proves successful, this should allow the

group to accelerate the development at a faster rate than we had

previously expected.

Someone is buying the dip https://invst.ly/15i62k

We are still churning the placing you can tell by the large unknown share trade, once that is done we are going to fly just like He1 did. Someone is still buying in the back ground, ignore the noise and look forward to the updates in the presentation tomorrow at 10.30am

Https://www.investormeetcompany.com/petro-matad-limited/register-investor