Member Info for Jimmy_Stocks

Skulk back behind my rock....

There are actually investors out there that think bids pocket the whole $30m of this TBC start date contract.

Dear oh dear. COST OF SALES out of that $30m AT LEAST 75% will go to the AAA publisher. You think they build the game and bring the eyeballs, and then give away their opportunity to make further advertising £ but no, they give it away to lil ol bids to free?

Then Azerion take their cut for reselling. My guess is bids left with 10%. Which is still good revenues, and dwarfs any previous contracts. Some dreaming bids bank $30m margins in 2 years and into profits. Dream on and wake up...

That response at 14.37 was to Briggdog, share4.

Bids would be unviable without investor funds, so it's not of interest to me currently. I want a business that can feed itself and bids is a long way off that, if ever.

I'm not going to keep tit or tating here, you have my thoughts, I have yours, and I've wished you well. Bye bye

Just for clarity, you think they are going to hit breakeven or better in 2022?

You do realise Game Publisher takes the lionshare of that $30m? And an AAA publisher will take much more than an indie mobile game dev, so forget about anywhere near 30% margins. And then the reseller takes their cut.

Your below message provides no insight into when bids will breakeven because we don't know when that contract kicks in, and we don't know what bids cut is.

No need to project your own frailties onto others either. Adds zero to the discussion.

Ok. We all have an opinion, that's why we follow the markets. I invest to facilitate the growth in my back pocket. Sold here at 6.5p and my opinion is I don't think the sp will ever get back there. I could be wrong and you (along with many others) will clearly disagree, which is fine. Let see how it all plays out. I might even invest again if/when we have clarity on breakeven.

Best of luck to you, ta ra for now

Not sure if that is a response to me, but my main point was about revenues, cash burn and diluting shareholder value.

And the 1st party data. Which bids don't own. And no matter how many words you type won't change that.

unless you think games owners want to invest their time in selling ad space, or that there's competitor that's going to drop by and snap this space up?

There have been plenty of instances where game publishers are working with more than 1 IGA company.

Correct Girdz. The crucial detail is Bids do not own the 1st party data. So no, they aren't 'fundamentally the owner of the ad space'.

I hear everything you are saying share4 but one key detail you forget, is that we investors are here TO MAKE MONEY, not to help goldilocks and the 3 bears build a business, with our money.

You are choosing the ignore revenue and cash burn here and are getting carried away with 'the story'. That is fine and your risk. My choice is I think the reality of the financials will catch up with the market cap. A business can have a great product or idea but it doesn't mean it will be a success.

And bids might be a success in the future but currently we have no indication of when they are going to break even, and whilst that is the case, and whilst JD and the board are insulated from dilution via the award of options as and when they like, it is uninvestible for me. Wish you the best of luck though.

You don’t know why I brought in. More comments giving away your lack of awareness.

The key ingredient is revenue. They’ve missed every target and are still burning lots of cash.

There is NOT significant volume running through the platform. There might be in the future (when likely 3b shares are in issue), but there isn’t today. So either you’re deluded or you’re trying to mislead people.

That $30m contract or any EA games have not gone live, and every month the cash pile whittles away. Won’t both Jd though, he can just award himself some more options

Masterb@ting poltergeist LOOOL ??

Share4, ad spend hasn’t gone up significantly though has it. Comments like that are just embarrassing.

People like you are in for a rude awakening when numbers drop and the traders propping up this valuation up have already scarpered.

You don’t think placings at diminishing valuations are bad?

Where are those magic beans I have for sale…

What does it matter!?

Enjoy your dilution friend. Good evening

How much money has gone through the platform to date?

£2m?

I would have left it there but you’ve goaded me into a reply share4. You said ‘don’t understand’ quite a few times….figures.

How much of that $30m are bids going to see, after mr big boy reseller and mr AAA have had their cut? Not enough to stave off another fundraise IMO. Based on bids previous timelines, you’ll be lucky if this contract kicks in in h1.

The rampers can never escape the numbers. I see nothing different to 18 months ago. Still no defined standards, still no open world games. Still burning cash. Still smoke and mirrors around any details

To see what all the excitement was about. Hadn't they already confirmed GroupM? The sleuths of old had certainly put 2 and 2 together and worked it out, with some of the brands appearing.

When are EA games due to go live?

As ever with this company, rampers/traders inflating the mcap will be heading for the hills when numbers get released.

Andrew Scott puts it nicely 'you could argue there is abit of value here for a £7m company'. Yes indeed, I came to the same conclusion myself.

Minimum guarantee of 'a high 6 figure number' for the merchandising is a very promising indication for the rest of the pieces of the KPOP Flex event; sponsorship, tickets, streaming.

More KPOP events to be announced in May by the sound of it aswell, for 2022 and 2023.

It is heartening that the only thing derampers have in their arsenal (wrong moment to use that turn of phrase possibly) is 'the war'. I would say, if that is the best they can do, then that is a pretty good sign.

If all out war escalates then the whole market takes a dive. This has moved from 5p+ to 4.7 on zero volume. Any sustained buying and it will pop right back up. Very comfortable holding here, knowing upward trajectory awaits in the near future.

Funds investing in funds. Minus the fees, bonus' and overheads. Shareholder at the bottom of the pecking order like Oliver Twist, asking more please, more, my bowl is empty.

They clearly have a problem (imo), in that seed investment stakes are between $100k-$250k, on one or two occasions $500k. How are they now going to move the needle on the portfolio value, now it is £100m+? Even a 100 bagger at those stakes is not going to do it.

If they can hit 1 or 2 big winners from the parachain auctions (because these initial stakes are much higher), then that is their best chance, as far as I can see, but I do struggle to see how we'll get a parabolic rise again, like we saw in Jan last year.

I suppose the bet is that the crypto space goes from $2-3t to $200t. Seems more likely to me however that CBDC's will come in, and run alongside a handful of other established crypto projects like BTC, ETH etc and 99.9% of projects will go like internet companies in the dot com boom - down the pan.

Just my two pence. I've been wrong before.

The KPOP.FLEX mascots are crying out for an NFT collection.

Could be very lucrative and carry through into other KPOP events.

Yes looking back, that raise and acquisition at 65p was a great move. Have to credit the chairman for that. Seems very likely to me that no further raises will happen down at these valuations. The last placing amount of £400k indicates that to me.

Bids is another darling of the twitterati where shares in issue have tripled this past 12-18 months, with no visibility on when they will break even (and so the dilution will continue).

Narada, you have some good answers there. Just to add, In my limited experience from what I've witnessed of the AIM market, psychology and 'herd mentality' can't be underestimated. Whilst a share is quiet with low volume, it won't be on the herd's radar, yet as soon as the upward trajectory starts, every man and his dog will be wanting in.

I think aswell, they need to deliver this KPOP fest without any major hitchs. If that happens, and the wider investor base witnesses the level of engagement this KPOP genre gets worldwide, then if the company hasn't re-rated by May already, then it will do then I believe, when the KPOP tour becomes a reality, as there will be alot of buzz around it.

Streaming news to land separately to merchandising news, as 'both are significant pieces of news'. Feels like this kpop fest is going to dwarf any previous revenue streams. Will make the mcap look silly if they deliver without any hitches.

But then, the bricklive assets alone are worth more than the mcap.

A case of patience me thinks, and getting in before the herd arrives.