Member Info for Jimmy_Stocks

Thanks, same to you Shaky atb.

Fair enough Shaky. I gave bids the benefit of the doubt for 2 years + and everybody has their limit to when they pull the handbrake up, if results and progress are continually jam tomorrow. Mine was reading the updated broker note. I know some still holding here LT who are hoping for the best here, and for them I hope for the best also, nobody wants to see anybody lose any money.

But I don't hold that same wish for JD and the board, as they have not treated shareholders well or with any respect this past 2 years. That is a fact.

For all those words shaky, there is zero evidence out there that bids have built anything of value this past 2 years. That's the bottom line here. There is no evidence of any progress. None.

And why I post here, with no shares? I have followed the story for 2 years + and will continue to follow, and continue to post when I like.

I also post because I do believe shareholders have been misled this past 2 years. There is nobody who has followed the story for that length of time that doesn't agree with me. I'm not sure your position or how long you've been holding here?

Thanks for your constructive response shaky. I agree it will have been tested but I don’t see where it is being deployed. The revenue downgrade tells me EA isn’t coming online with bids tech any time soon, hence the sudden focus on mobile. Which indicates testing must not have been successful, no?

The broker note also states SDK should be live in hyper scape Q2 this year. Your speculation that it is because the game has done badly that we haven’t yet seen bids tech in Hyperscape might be true. I however do not think bids and it’s board have earnt being given ANY benefit of doubt from anyone, all things considered.

Exactly my sentiments waddaweknow.

Lucky Strike- nothing. I sold in Feb, thankfully. Feel bad for anybody still holding.

Shaky, it is a fair question. Where is the evidence of technical progress I see a small handful of people keep mentioning? If you can’t answer then that gives me my answer.

Where is the proof? Where is the proof? Where is the proof?

Don’t answer me with waffle, tell me where I can find the proof.

Thanks

Shaker - answer my question or don’t bother replying, nor addressing me directly with your inane waffle. Tia

All this talk of progress. There isn’t any. They lost 1st mover advantage awhile ago now it looks like to me.

For a long time, investors assumed progress was being kept close to their chest and assumed bids were in bed with EA and Ubisoft. Well the real reason for silence IMO is their tech isn’t wanted by the big boys. It isn’t good enough. And if it is, where is the evidence?

Reasons for my opinion that no technical progress has happened behind the scenes:

1. No amount of volume has ever gone through the platform
2. No evidence of bids tech in any Open World game
3. No SDK in any AAA studios
4. Limited ads visible now in live games, including newly signed mobile titles in 2021

No doubting this was/is a difficult task technically to execute. But I don’t see any evidence they have made any significant progress in 2 years AND crucially, investors have been led up the garden path.

Somebody show me where the progress is and prove me wrong. And I won’t accept they are keeping it in-house as an answer. That ship/line/excuse sailed long ago and if you believe it still, I have some magic beans I’d like to sell you.

This has always been a mainly retail owned stock, so unfortunately mr patience, you’re story will be a common one I fear.

How anyone can have the brass neck to advise anyone sitting on big losses not to sell, right before a placing is a disgrace. If they want to sell they should do.

Read my history on here. I was a LTH with bids for 2 years +. This company and its directors have a lot to answer for

Poker Chips, having followed this one closely, I am talking in the here and now.

Whave exactly have they created?

They had ads in FM 3 years ago. Ads in Codemasters 2 years ago. No evidence of any ads in Open World. No evidence of any tech in secondary viewer platforms.

Frameplay are streets ahead technically. So are Adverty.

It has nothing to do with the past and everything to do with what value bids holds in the here and now.

No evidence they hold in. And if there is evidence, tell me where I can see it. I’m all ears

Poker Chips what you’re saying is no doubt correct Re AIM.

There is a much bigger problem here however. Zero technical progress in 2 years, with a bloated headcount and sentiment at zero because the CEO has misled at every time.

1.5p if they’re lucky. Is there £6-7M value in what bids have built so far? Read through the RNS’s. Not for me.

HivedOff - if you look at the evidence, nothing has been happening behind the scenes for 2 years. The writing is on the wall unfortunately. The rumours have held this up for much longer than it should.

They have not achieved anything material in 2 years, £16m of other peoples money and 60-70 headcount.

Intrepid - good luck to you, your doubts have proved to be correct. I disagree that there isn't a place for what bids are trying to do. I just think management has been incapable of executing on the task before them. I believe 1 or 2 others will make it, who have:

1. More technical nawse to execute
2. Business acumen to manage operating costs

Companies like Frameplay or Adverty, with head counts of 20-30 and technical patents have gone about it the right way. JD and Fran stumbled upon this idea but they never had the expertise to capitalise on it. They've both earnt £1m each out of it though, so who is the idiot?

Why anybody would take this private though is a head scratcher to me. Even at 20% of the current mcap. It might be the reason for the new advisor, looking under the hood for potential buyers. I'm not sure she's going to find anything valuable though, with this lot at the helm.

Yes Roley, I don't think they are alone but I for one couldn't have that on my conscious personally. We're all here to make money but it can't be at any cost. Not for me anyway, I want to be able to sleep at night.

I personally don't believe he has one last chance. I can't see what progress they will have to talk about to or potential direction of travel to point to get the backing. They've already used up all their cards getting through this last 3 years. He's had, with expenses, approaching £1m out of the business by my guess, which has come directly from shareholders pockets, not earned by him or the company. That will be his 'legacy' as he liked to talk about.

Maybe they will get the backing, you may know more behind the scenes on that one, and they may be able to get the money at a heavily discounted price, but I would honestly be surprised if it is anything above 2p, all things considered. Of course, it will mean they can keep the gravy train going for another year if they do.

Draper has not spoken to investors since his Proactive interview in Feb last year. That is 16 months. For a company that was supposedly in its growth stage!? How is that even possible.

How many RNS's have there been that have led to nothing. How the hell did they manage to waffle for 70 pages in that shiny PDF, that is a talent in itself. How has the broker managed to downgrade revenues 50% for the next 2 years and yet bidstack still haven't told the market? Unbelievable

Their wages have come from investors hard earned cash this last 3 years. So why should a company and its employees keep floating along, whilst offering nothing in return to its funders? The world doesn't work like that, people and companies eventually get found out if they offer nothing in return.

They have had a good run on the gravy train and should be grateful for that.

Stating facts ml51. Filter if you can't handle the truth

Even more concerning, no repeat custom since December from any of these brands.

Unless bids is a seasonal business, only run ads in the 2nd half of the 2nd half of the 2nd half of the year. Who knew gaming was a seasonal business. They should have probably factored that in when spending others peoples money.

The only interest from this is going to be 10% flippers, given how bad JD and bids reputation is. How low does the price need to be for their interest is the question. My guess is lower than 2.8p. Nobody is surely going to hold this long term now.

I think the writing is on the wall with Codemasters aswell. Spotting a bids Ad in a Codemasters game is as rare as a Nessy sighting, has been that way since December. And before anybody says they have global reach, UK would be prime target for bidstack Codemasters Ads. Hoping they are running masses of volume over the other side of the world is just dreaming. Look at the evidence

Yes fursake I ‘woke up’ in Feb and offloaded. No evidence whatsoever for me to keep funding a company that shows no material progress in 2 years, and gives zero indication that they’re even aware they have shareholders.

Misplaced arrogance coupled with chronic underachievement. Not a combo I want my cash sat with.

Helx - weeds offer lots of nutritional value. Nettle tea anyone?
Intrepid - agree fully. 2p incoming here. And that isn’t me talking the price down. Wouldn’t touch this pile with a barge pole unless the story changes dramatically.

James Draper spoke about his legacy. I’m afraid his legacy is going to be one of massively overegging the pudding and frankly being a bit of a billy BS’er who was way out of his depth.

Hopefully that £600k him and Fran took doesn’t weigh too heavily on their conscious.....

Thanks for the informative answers.

So even if the market consolidated here for the immediate future, we have still potentially conservative estimate of 30% on top of the current NAV, with all those unlisted projects and at current crypto market prices.