Member Info for Sisteract

Pokerchips. I don't have to grasp how industries work. All I need to know how the stock market works, human psychology, sentiment etc, etc. We invest in a company not a industry or a product and not elevate.!

I'm only concerned about the share price and the influences on it.

Bird is one of the many companies on the AIM that don't make any money and to sustain their business they have to get it from somewhere else. It often ends up in share dilution.You know as well as I do how many Aim companies losing money have disappeared in the last few years. All companies that keep losing money have to resort to the story.., the future,.... what they hope will happen to raise the funds from those who believe it. No-one survives on a story. You choose to believe in bird to the extent that you think they will get there. I don't. We both hope to make money.... you presumably when they get there, for me it's on the journey.

Pockerchips. The share price has dropped about 25% in 5 days. The 50% trial is virtually at an end and they have about a 100 users.If users won't pay £7.50 they won't pay £15 until there is something worth paying for. There isn't !! I have grasped exactly what is going in. The markets reflect. I'm making money 20-40% a few times in the peaks and troughs of the journey. It's about making money not supporting bird !!

Is it not better to say?

We've got this and it does, this, this, this, this and this and you can do this, this and this and it will cost you £15.00 a month.

Or we've got this this and it does this and this, but it will do this and it will do this and and we are working on this and but we're not sure when it will be ready and if it works and it will cost you 7.50 a month.

no sense to me.

Pokerchips. I wouldn't have expectations if they weren't charing for the product.

BUT Bird are charging for a product. 90% of the users are as far as we are aware eciding not to pay for the product. So why charge... ignoring the test theory. Bird were proud to announce the "Soaring to 40,000' users" and then rather sheepishly half way down a RNS say that they have 100 paying users. Hardly the best publicity... they were better off saying nothing. I don't see the point of that at all.They should have done the research and they would have been better starting the payment gateway when they had a better idea how things were going. It just doesn't seem well thought out to me.

I'm really not bothered about timelines or what they are building. They are charging and if they are, it is about the here and now. Let's say they had 5,000 paying users now, they'd be shouting it from the rooftops and no doubt a different strategy and a different sp.

. Is it next feature that's going to generate more paying users, or the feature after that, or the feature after or the feature after that or the plug ins or.........?

They've done their research presumably so when do they anticipate the inflection point is. When do they have a 90% product they can sell rather than a 50-60% finished product. It's just so vague.

For example' sake - let's say bird have done the research and elevate has to have 50 identifiable features. let's say they have now 20 features and they have gone to market and got 100 users. is it 30 features that generates the inflection point, 40 ? 45 ? 50? or the extras that follow. There is obviously nothing in the product now as it stands that is convincing the majority of users to pay. ?

Well Pokerchips, you speak very eloquently in support of blackbird and you know I'm on the other side of the coin.

The trouble is the bigger picture has changed, enterprise, powered by blackbird, creator...what's next.!!

Bird is fast becoming like a pharmaceutical share striving for next big thing... taking years, trial after trial !!!

The proof will be in the pudding. Let's see in cyberhubs six months how close we are to 10,000 paid users.

The key questions is ....will users of various video editing software, platforms, interfaces or whatever move in substantial numbers to elevate and will they pay for it. Bird are fighting against some very big names as a disruptor but to be a disruptor you need very deep pockets or a product that obviously blows everyone out of the water. I don't see that at the moment and that's why I short term trade.

Yes Cyberhub but it has to be ready to the extent that people are prepared for it and I just don't see that. Their "go to market" strategy is is to go with a half finished product that the vast majority of current users do not want to pay for. Therefore, it hasn't got features ( Yet) that people want to pay for. There has to be a base level.I appreciate the test aspect of the gateway but I can't think of many products where you pay in advance for half finished product.

I don't take your last point about the shares and IM buying at 28P. They have rewarded themselves handsomely in share options to the extent it hardly matters !!

I don't see a remote chance of getting to 10,000 users by the Autumn... that six months ?. What on earth is going to drive that? A light bulb moment amongst creators.??. Bird managed 100 in 3 to 4 weeks. So that's 9900 in 24 weeks or so. Really !!

But who knows you may be right !!

Personally I don't trust the management on their record, but I don't need to. It's all about the share for me and If I can make money and like I said there is always money in a good story if enough people believe it. For me Bird is just another Video editor amongst many, it may be good but is it good enough to pull people to it from what's currently out there. I'm not yet convinced.

I'm not a techie but lets assume the product is good and what the market and creators need but don't yet know it.

Bird have produced a product that they acknowledge has a long way to go. But they are charging for it. If they have a product it must meet a not only a need but a want. and it's "wants" that people pay for and If they can't get people "wanting it" regardless if bird think people need it it was crash and burn . Bird is obviously very weak in marketing and sales ... how many staff is it in sales and marketing is it...... 2 ? and I'm afraid Nick didn't inspire any confidence to me where they were heading. Perhaps they are better off looking at agencies but sales and marketing must be the laser focus now otherwise I think we will see a raise in the Autumn.

Marketeers are renowned for missing the point..... It's not about fulfilling a need its about for fulfilling a want. Nothing else matters as much !!!

Well, if I was negative yesterday and didn't think it could get anyworse it has.

Not in the slightest impressed. Ian is "delighted" with 100 paying users after the millions spent. He didn't look delighted.He lacked confidence to me and seemed very hesitant and the people on screen didn't look like they were going places.

What is the benefit of having high net worth individuals on board. It was 1m raise. Hardly high net worth.

Maybe it's my computer but the video of existing users looked very amateurish to me and hastily put together. Hardly a great advert for the company.

What was that... Yuri knows the creator economy... I should hope he does because they need to get moving and selling

I didn't see the presentation through, just didn't get it. I think there is a realisation that they are not going to get where they want to go and it wouldn't surprise me to see a directorate/key staff change.

Anyway I'll look for opportunities to trade and quick profit.. certainly not in it for the journey.

Positivity and Optimism !!!!! Realism more like. Negativity and Doom and Gloom is absolutely the natural reaction to an astounding RNS. A company consistently losing money, promising the earth, that has spent millions developing products that no-one seems to want enough.Bird proudly announce that they have roughly 100 users generating £750.00 per month. Well great. My neighbour makes more than that selling flowers/and hanging baskets in the middle of nowhere. Blind positivity and optimism in the face of facts that suggest otherwise is a very quick way to lose money. Each to their own though. The directors are well looked after though rewarding themselves handsomely etc, etc. There's money in telling a good story !!. Nice work if you can get it.!!. Pokerchips was very critical of me in the past but the facts prove I wasn't far off.

Sorry I'm so negative but after today I can't see anything to be positive about.!!

Absolutely, there is a need to raise cash. How and when they will do it the only question. They are simply not generating to re-invest, loss after loss after loss after loss. You can't promote a product/business with fresh air. I said this months ago and remember being shot down by the "fan club" What ever the active user figure is over 90% have decided not to spend £90 per annum on elevate. WHY !!!!! Less than I spend on a meal out with the family. It's pitiful. No doubt Ian will say this is coming, that is coming... the market is huge, we're getting there blah, blah blah. He should be completely embarrassed by this take up. I'm embarrassed for them. !! Thing is people will still believe there is a pot of gold at the end of the rainbow

Not so much Clipped more of a "Flightless Bird"

Anne de Kerckhove recruited too much fanfare a year ago. so what have the Non Execs advised the company to do. Go to market with a half finished product, reduce the price by 50% and we'll sail away with 100 users. Not bad for 25K a year or whatever they pay the Non Execs. The proof is there for all to see.... continually loss making. The truth is out there.... the tech is not world beating.... there are plenty of alternatives that do the job. Be the best or the cheapest ! anything else doesn't matter. Bird are neither !!

Agree with that UserSteve. !

From the RNS November 24

rapid user uptake with over 40,000 users in 120 countries

o users grew from 800 to 40,000 between 1 September and 19 November 2024

· huge market opportunity with hundreds of millions of content creators

· the features and functionality of elevate.io fill a clear and large gap in the content creator market

· simple, powerful and collaborative nature

· patented technology provides defensible competitive advantages

· features and functionality that are constantly being improved

· goal to be a daily driver for video storytellers around the world

· payment gateway being on track for delivery in Q1 2025

Hundreds of Millions of content creators and we have 100 Paid Sign Ups. Not even 1 per country. Glossy brochure, Glossy speak backed up with Zip !!!. Quite common on the AIM. !!

Build it and they will come................err No !

At the moment this seems to be a monumental failure of strategy and market research .It's like a like of a load of techies sitting round a table fawning over their own interests making a product for them and realising no-one else wants it and it's turned out to be a complete waste of time. !

Bird have one job.... sell the dam thing !!

What is the point of having a payment option for a product that isn't finished. WHAT IS THE STRATEGY !!!!!!!. ???

Looking forward to IM flowering this up and putting a positive spin on it... perhaps he'll be in a t-shirt in Texas. !!

Maybe so but the fact remains it is appalling. What was that… weeks ago ….. soaring to 40,000. It’s laughable. 100 people. So far in my opinion is no viable business here. It can’t stand on its own two feet. Anne, Nick, SR all that so called experience and we’re looking at 100 users …. Come on !!!!. Still money to be made though.!!. It’s seems more like 6th form high school project.

Astonishingly poor results. Same old story. Talk the talk. This is a product everyone needs so they say . Obviously not. 40k users and 100 take up . Dreadful.

Still the fan club will be out in force. !!!!!!

Ready to trade !

A lot seems to being made of Bird being at SXSW this week and next. As it's a fully funded trip who are bird to look a gift horse in the mouth. But would bird have chosen to attend if they had not been given the leg up by Innovate UK ?. It seems a very general event and I wonder if it fits in their marketing strategy or is it a case of someone else is paying so why not. Innovate is a 9-12 month programme so I wonder what else is in the offing. Bird have been pretty quiet in recent weeks where I would have thought they'd be shouting from the roof tops if things are going well. I'm not expecting anything great from the figures but who knows and we all wait for the inflection point. I'm happy to take my traders profit at 25% to 40%. I'm not prepared for cross my fingers with the flock waiting for the 000's %

Nearly a year on from the launch of elevate.io... where are we. A product at the last count with 40K users and now a paywall facility.IM normally happy to be in public eye with proactive investors is nowhere to seen announcing the pay facility in the RNS.All this talk of elevate does this, does this, will do that, will do this gets us know where. We invest in a company not a continually changing product product and that company for years has failed to provide any shareholder value apart from the boys themselves who have a well feathered nest. I continue to trade.!!

Not exciting news for me. But at least bird have a product they can sell to the Creator market.

But £7.50 is nothing. They talk as if it's the best thing since sliced bread protected by how many patents 25 or so?. They are giving it away and obviously they don't think its a market leading product or they would have charged for it. Lifetime discount means absolutely zip if you can cancel at any time. Then going back in at £15 is not prohibitive.

They will need hundreds of thousands of users... how will they scale it. Bird have always talked the talk and it's never led to anything, hopefully they can walk the walk this time. If they can't make it work at £7.50 a month there are no more eggs in the basket. !

Amusing to see the mild panic on the other board over the choppity start up.

Peter Jones has decided not to proceed with the investment as happens with a a lot of investments promised on DD. Its all for show..!!!!!!!!!!!