Member Info for JonnyPragmatic

The lead up to Interims on 30th June are going to be interesting. Remember - that's only 14 trading sessions away. And - remember, Prof Nag is in the UK between now and then....

Imagine a scenario where between now and 30th the SP ticks up to +/- £0.011 (Highly possible). Imagine then that the Interims are announced with what we all know they will include; historic numbers and forward looking statements (Definate). Then just imagine that on 1st July a £25m fundraising is announced at £0.01 - just because they can! (Not impossible).

With what would then be a +/- £50m market cap (50% of which was represented by a massive cash war chest) I would be one very, very happy shareholder.

But then again of course, we've been told they don't need to raise equity (the recent exercise of warrants have provided cash). At the GM the directors told us to "expect deal announcements over the Summer".

There will inevitably be spikes and pull backs but the trajectory is one way and shareholders really are in a win, win situation at the moment.

PS - I know (because a substantial warrant holder has told me) that 99% of the recent warrant selling is now done. Remember too that a massive chunk of the outstanding warrants are held by the Directors.

Hey Serinstar - this is my penultimate post to you on this matter.

THE AI DEFINITION of To "touch a nerve" -

"To mention or bring up a subject that makes someone feel angry, upset, or embarrassed, especially when they are sensitive about it. It's like accidentally bumping into a sore spot in someone's emotional landscape.

More specifically, when someone "touches a nerve," they inadvertently trigger a strong emotional response in another person by discussing something they are particularly sensitive or vulnerable about. This could be a topic they strongly disagree with, a personal weakness, or a past experience that left them hurt.

For example, if someone is embarrassed about a mistake they made, discussing it could also "touch a nerve" and cause them to feel uncomfortable.

Notready1 and MadMag - that's such perfect narrative.

His one-man play is so bizarrely outre that the audience doesn't know whether to laugh or cry.

It's good sport to pull people like Sarenstar up though.

Of course, he might just answer that yes or no to that question am I'm thick/ignorant or not....

Totally agree Warrie. Its so interesting that some people can't bring themselves to fess up to their ignorance (which answering a simple yes or no question would confirm).

The Market most definately will decide. A further RNS will likely be issued on Wed / Thurs confirming the 'increase' in Richard Edwards' shareholding.

So, judging by your post of 2146 - "My personal view is that if you are selling yourself on your democratic ethics l, then you should live by them rather than cash in your warrants asap" you are saying that Richard Edwards has exercised warrants and sold them in the market?

Yes or No?

Serenstar - I say again, do you genuinely believe Richard Edwards has exercised 400m warrants and then sold in the market? That's a yes or no answer.

The problem Serenstar is that you (and others) are thick or ignorant or both.

Your posts clearly state that you believe, or are inferring, that Richard Edwards has exercised 400m warrants. I'd that genuinely what you believe has happened and been announced?

Simonthezellot, TommyD25 etc (you know who you are) - you must all think other people here are complete idiots. You must all be so incredibly wealthy; given your uncanny ability to so successfully and consistently trade this share, and all the others you mention. The fact that you're all here spending so much time spreading your delusional FUD confirms all the othet negative things any other posters have ever said about you.

No idea why my original message came up under my very historic user name. Could be something to do that I logged out / cleared cache and the logged in. Anyway, I oosted it.

Let's relax people. This is the market at work. The fact that the market can absorb such volumes is absolutely great. Name me another £20m market cap share that has this level of depth of liquidity. I do agree that it's highly annoying to see these big black trades being published after the event, but that the way it is.

Ask your self how you will feel when the SP is 10p and you discover that you can sell 1 million shares in one hit at around the quoted bid price. I'll 'warrant'(get it!!!) that you'll be quietly smiling then.

Rhwillcoll - as you're an experienced author, would you please ask for a preview and offer them some advice into the development of the AI book writing project? (I believe they referred to it as Project B42).

Yesterday Richard and The Prof were catagorically clear on their desire for shareholder engagement - and specifically invited shareholders to contact the board with all and any ideas.

Richard's email is -

richard.edwards@edwardsgreen.com

Or, if that email address is hidden, you can get it by Googling Edwards Green Tax Accountants.

Let us all know how you get on please.

Ir77 - please feel free to add to or correct / amend my summary comments.

I'm trying very hard to be objective and not over egg this. However, apart from the normal Market / Trading price fluctuations, it's difficult to see anything other than an upward trajectory. Yesterday's meeting was the justification I was looking for.

Apologies - I meant to post this at 7am but had an unexpected family commitment. For those who can't be bothered with a long read, scroll down to the final paragraph.

Attendees -

Richard Edwards, Marcus Yeoman, Sarah Davy, Ronjon Nag

Duncan Vasey (Peterhouse)

Ed Dyson (Orrick H & S)

4 shareholders - myself, Ir77, Adrian Crucefix & ?

As Ir77 has previously commented, Orricks are a big, aggressive law firm. The fact that they are advising will undoubtedly put wind in CapAI's deal making sails.

I won't comment on the Meeting per se because it was brief - and the outcomes were a matter of fact.

What was great was that the BOD genuinely wanted to engage with shareholders. There was none of the lets quickly wrap things up nonsense I've experienced at other similar meetings. When questioned, they confirmed amongst other things (and in no particular order) -

- the loss of capital issue is a non issue and was simply good corporate housekeeping; (NOTE - my take on this is that the recently announced R42 alliance could, very justifiably, be included on the balance sheet as an Intangible Asset at a valuation of say £5m - which would of course make the loss of capital issue a total non issue).

- the company has virtually no costs / overheads, and that they are very relaxed about available cash (the recent exercise of warrants will have covered all cash immediate requirements);

- there will be no 'keep the lights on' equity raise. They were VERY clear on this point, confirming that they as a BOD do not want to suffer dilution;

- they have an ongoing dialogue with warrant holders and, to a degree, are able to influence actions here;

- there are already 4 or 5 live projects in the melting pot and we can expect deal(s) announcement(s) 'in the Summer';

- Stockbox interview already booked (I think it will be out tomorrow).

Ronjon Nag then talked for 30 min and screen showed a real life example of the kind of project CapAI will be (perhaps actually is) considering. This was an AI driven book writing app which basically completely writes a book for you. He requested an example subject matter - and then got started. Within minutes, the words, pages & chapters started to appear and be populated in real time. It's easy to see tens of thousands of people signing up to get this at $19.99 per month - and then, hey presto, that's exactly what the payment page of the beta site he showed us indicated. He confirmed that the only development costs to get this specific project to this stage were a few hours of his spare time.

In summary, I feel totally comfortable with being a substantial shareholder, and have added considerably more this morning. The key question for me is could CapAI realistically attain and then progress from a market cap of £250m (i.e. a SP of +/- £0.07)? There is no doubt in my mind that we will see this during 2025, and possibly by the end of the Summer.

I'll post a full update on todays Meeting early tomorrow (after I've topped up on the opening bell).

The Meeting started at 4pm and lasted 10 min. We then had the opportunity to quizz the BOD until 5.45 on pretty much any any subject we wished.

The Prof took us through the Beta version of a real life example of a project which 'may well' find its way into CapAI's arms. It's basically fully functioning and he's already figured out how to monetise it.

Richard Edwards also confirmed catagorically that there will be another Stockbox interview this week....

I've just received my Proxy / Voting paper from Proxymity re my shares held by Vidacos Nominees (IG).

The issue of the Stock Loan is what it is.

However, on the Companies Act issue re the nominal / loss of capital issue, the BOD have basically invited open discussion on this - which is a rare and very welcome thing in this world.

I have my own discussion agenda (below) - but will be happy to table any sensible other topics

The 6 appendices at the bottom of todays RNS are the most important part of the announcement - and this is what I will be discussing with the BOD - in the specific context of the loss of capital issue. I dont think people have really cottoned on to how fundamentally attractive this all is. The Appendices really are worth reading again and again. Appendix 6 clearly states that any hard cash / equity fundraising for portfolio companies will be raised OUTSIDE CapAI (i.e. no dilution for CapAI shareholders). It goes on to say that CapAI may have the opportunity to invest alongside R42 et al in a funding separate entity. This type of opportunity is something normally reserved only for GPs in Private Equity funds....

CapAI shareholders have first to look forward to.

What kind of crazy person says this?

"Lol all the mugs caught in here at 0.945p and the 32m market cap"

What kind of crazy person wastes their time making 336 crazy posts over 13 trading days?

Crazy Tommy, that's who.

I shall be attending in person - and will be happy to table appropriate questions on behalf of this forum.

You idiot.

Your last post on 13th May stated rhat the SP (which at the time was 0.3p) was going nowhere.Now with the SP at 0.5p you make this idiot post.

Nice one, Rick - NICE!

Good post Jetaim.

Hands up who's attending the Meeting on 28th.

I'm now booked in. Those cheeky phuqers IG charge £100+vat to arrange for in person attendance and voting. Still it's worth it to be able to eyeball and question the BOD.

Crownos - your 15:43 post hits the nail on the head perfectly.