Member Info for Shakeyerbooty

If you can't see the picture emerging with all five investee co's BobSocks,then clearly Tern isn't for you.I see DA as the global leader in IOT/IAM working with the US Gov't,Trusted Objects,Avnet,BSI,FIDO,Microsoft,Thales,EPS etc.I see Wyld's revenue increasing,partnering with Bayer,Chevron amongst others and launching H2 2022.I see FVR gaining more & more contracts,hiring more employees.I see Konektio inundated with leads and gaining business.I see TM opening another office in USA.
If you can't see what's happening here,then more fool you.

That all relates to the old Ternf pink listing where 2000 co's moved across,but then you knew that didn't you.

wattzy8 Mar '22 - 13:07 - 303760 of 303762
0.00000100 5 1
https://www.reuters.com/technology/google-acquire-cybersecurity-firm-mandiant-54-bln-deal-2022-03-08/

No they didn't copycat,you liar.They announced in the 17/6/21 RNS their INTENTION to apply for OTC listing,so it definitely was not submitted in May 2021.As for Greesy's comments,they're just laughable.

Cross-trading on the OTCQB market will have no impact on Tern's existing Ordinary Shares, which will continue to trade on the AIM Market of the London Stock Exchange, and no new Ordinary Shares will be issued as part of the application to cross-trade the Ordinary Shares on the OTCQB.

Revenue you idiot.Not all IOT co's are valued in the billions,but sector leaders are and DA is one of those.By participating in the SVV fund,we get a foothold in more up and coming technology co's.Our first commitment is £90k.Plenty of money left before an exit.

In the CMD presentation last May,Al stated that the multiples we're seeing are handsome and going up.With two more quarters of performance the multiple on revenue would generate a sizeable difference in the enterprise value of the business.We know that they are actively,every month,looking at potential exit opportunities.I believe we are on the verge of one and it wouldn't surprise me if an announcement is made shortly.
Copycat has no idea of revenue for DA due to NDA's (nor do I),but the fact that we are working with the US Gov't,Microsoft,Avnet,Jitsuin,Medigate,EPS,Thales,BSI,Venafi to name a few and also FIDO is integrated with Keyscaler together with ABI research showing DA as THE global leader ahead of the likes of Entrust tells me that DA will be sold for $billions.
Al wants US exit values.We also know that FVR are winning more & more contracts,recruiting more employees,Wyld are securing more & more global partnerships,Konektio inundated with leads and TM opening a new office in USA.
I can't help thinking that the delay in OTC listing is because one of our investee co's is negotiating a sale of some sort.

Courtesy of Brodders

https://www.openpr.com/news/2563192/digital-surgery-technologies-market-2022-analysis-by-top

Digital Surgery Technologies Market 2022 Analysis by Top Manufacturers- FundamentalVR, Medtronic plc, Mimic Technologies

If anybody thinks that DA's revenue is still $57k,then they're a muppet.Al stated last May 'the multiples we're seeing right now are handsome and going up'.Conversations are being had every month regarding exits.Remember Al stepped aside from DA for a reason and with the capital structure of DA having been simplified,it renders me to believe that the first exit will be DA.Let's not forget Tern is not all about DA and we have four other investee co's,two of which are also global leaders (Wyld & FVR).

No wonder Device Authority is no longer dependant on Tern given todays news.It's unbelievable that since Tern was 30p,we've had Venafi make a strategic investment in DA who've also announced huge news with Trusted Objects,BSI & Avnet.DA are now officially recognised by ABI research as the global leader,is working with the US gov't and the FIDO alliance is integrated with keyscaler.
Wyld continue to announce partnerships with huge global co's ready for launch.
FVR have announced more contracts
Konektio continue to see increased demand
Talking Medicines opened new office in USA
Perhaps Al Sisto's two further quarters of revenue are coming home.It would be very nice if we could get the OTC listing over the line.

DA has been described as a global leader for yonks.

Is that the best you've got Copycat? By the way,Wyld is currently up.

BSI have clients in 193 countries at more than 128,000 sites and work with thousands of organisations.Those that are using BSI iot will now use Keyscaler for device trust.DA are clearly the global leader in IOT which has now been recognised by ABI research.

Avnet have revenues of $20 billion per annum. This will deliver a lot of business to Device Authority. Looks very much as if the main development work on Keyscaler is complete and we'll see many more of these arrangements leading directly to commercial activity.

RNS out. More good news.

Virtual Forum tomorrow - 23 February, 2022 (BSI, Device Authority & Jitsuin)

https://www.industry-iot.com/virtual-forum-iot-security

Anyone think Copycat is YTee re-incarnated?

Further to DA's recent capital structure tidy up,you have to ask yourself why Tern,Alsop Louie and the Samenuk Family Trust agreed to convert their loans into equity.Do they know what we suspect ? i.e an exit or IPO of DA.

I am sure we are singing from the same hymn sheet izstar, but as Tern is an investment company and it clearly states investment income,I am sure this relates to Tern.The investee co's are not investment companies.Anyway,GL and I agree this is an exceptional opportunity.It has been said by other CEO's that the London market just does not get Tech co's which is why the OTC listing can't come quick enough.

You're quite right flashgarden (egg on face).Of course,this resulted in Tern holding an increased % in DA which thanks to the recent investment from Venafi & others resulted in DA being fully funded for 2022.The share capital tidy up exercise was important from a future exit point of view.