Member Info for Muck165

Just trying to understand the warrant position here. I think I am right in saying;

416,000,000 warrants were issued following the Feb raise, exercisable at 0.09, but that there is an incentive not to exercise until price hits 0.12 for 5 consecutive days because then warrant holders would be entitled to new warrants on a 1:1 basis, exercisable at 0.02.

A further 214,285,714 warrants were issued in the last raise, exercisable at 0.15.

I'm going to assume that those who invested in the last raise were the same people who invested in the Feb raise. If that's the case, they have a nice warrant ladder to hang on to, which is maximised if they wait for the price to hit and stay at 0.12.

All warrants exercisable within 18 months of issue.

Does that sound about right? Apologies if this sounds a bit ignorant, but it just looks to me like the investors saw greater growth in getting an appropriate warrant ladder attached rather that getting in at significant discount. In other words, they as insiders see the growth potential within an 18 month time window.

Auction might be interesting in 15 mins

Perhaps understand what I posted before commenting like that Johnny.

Yep, a few decent buys in the last 15 mins or so. Feels like we need to break 0.08.

Worth looking at Anchore.

It integrated a solution into Iron Bank in 2020, and then commercialised it.

They achieved 5x revenue growth in 2020, hit $4.5m in 2023, $6.8m in 2024, and are projected to hit $16.7m this year.

https://www.prnewswire.com/news-releases/anchore-continues-remarkable-growth-and-business-momentum-301208604.html?utm_source=chatgpt.com

https://getlatka.com/companies/anchore?utm_source=chatgpt.com

https://compworth.com/company/anchore?utm_source=chatgpt.com

Shows what might happen following social cyber commercialisation

For info, Loop have updated the timeline on their site

Previous can be seen here (I hope) https://web.archive.org/web/20250313160924/https://loopdx.com/

Current here https://loopdx.com/

As you will see, getting the CE mark has shifted from Q1 to Q2 2025, which in turn has pushed back trials and marketing initiatives.

They’ve inserted getting initial EU distribution agreements as a Q1 2025 target(which it seems they didn’t hit).

We’ve typically had trading updates in July, although I’m less certain about getting one this year.

Am wondering if they will do an IMC presentation to accompany the results, as in previous years.

As it is, I don’t know whether to hope good news is imminent (perhaps explaining the slightly later results), or whether everything has just gone terribly! My nature is to be more glass half full and so, given everything you see and hear about Engage in the wider market, I’m just keeping my fingers crossed!

Just an oddity, but when I first posted the resource link there were 27 entries for Narf going back to 2015, but now all have been erased.

In Feb investors got a 1 warrant for each share. This time around they got 1 warrant for every 2 shares.

Perhaps indicates that GFIN felt it needed to do less to sweeten the deal.

True. Worth remembering the option gfin has to buy CIQ outright for £2m between 5/2/26 and 4/2/28. Could be an absolute steal if Halley is right in his thinking.

Likewise. “Everything is thought through”.

Telling then that during 2024 he and Keith both invested in Pubx (Keith now the second largest shareholder after Mole), with Mole being appointed sole Director of 0M. You are not telling me that this isn’t all part of a grand plan to integrate CIQ into the Pubx dynamic pricing offering.

And not to bang on, but I still see collaboration with Pubx.

While CIQ focuses on optimizing ad delivery in CTV environments, PubX specializes in maximizing revenue through dynamic pricing in programmatic advertising. Combining these technologies could offer a comprehensive solution for publishers operating across both web and CTV platforms.

Interesting blog from a couple of days ago about CTV trends, only reinforcing what Halley is saying

https://astrad.io/top-connected-tv-trends-you-should-watch-for-in-the-coming-year/

Key messages for me are

Slide 6 - “The most effective advertising is targeted”.

Slide 33 - “The future of TV is ad funded”

CIQ really does seem to be in a great space.

Investor presentation here

https://investors.thetradedesk.com/overview/default.aspx

Interesting tweet from Halley this evening reference The Trade Desk

https://x.com/TheDavidHalley/status/1920584403060703358

“ The Trade Desk has identified several key growth drivers, with Connected TV (CTV) representing the largest and fastest-growing channel.”

“ Connected IQ is in the correct sector. Online video is only going to get stronger”

TTD is a cloud based digital platform for digital advertising buyers, and one of the largest 700 companies globally with an MCAP of nearly $30bn.

See the Growth Drivers explained in more detail in their investor presentation (from slide 31 to 38).

True - it does feel like stock is still washing through and I agree, all that’s need here is a little patience.

I know nothing about diamonds or how to value them. I can Google or ask Chatgbt, but that’s it. I suspect I’m far from alone in that respect.

So, on that basis I think the best steer is from what AP has actually said, given he’s seen the diamonds no doubt alongside some experts.

He said their value would be multiples of the MCAP a few weeks ago, but wouldn’t be drawn on whether it’s a multiple of MCAP now. He also said proceeds would be enough to repay debt with some left over.

So all in, I think he’s indicating something in the 10-15m range, and certainly not tens and tens of millions.

Just my tuppence worth.

Have to say, it does feel very cheap down here. Had a few more myself.

Or that Robert Pratt himself joined us from Essence Mediacom (where he was the Analytics Lead), recognised as the world’s largest media agency network. A few contacts there you’d think.