Member Info for twib

None. And it’s the wrong firm of accountants.

RE confirmed on Twitter that the seller (Steve Xerri) was not involved with the company. He likely needed the funds out to utilise in his own company, Oscillate.

He's been in since 8 March 2024 - hardly that long. He bought when the SP plummeted - at around 0.030p. There were two large trades post-close yesterday which presumably were both his sells as they are about 18m shares short of his overall holding. He's made good money and moved on.

A rarity given some of the muppets on these boards. He's made a good trade.

The 7% holder - Steve Xerri - who sold this week is a trader. He's sold on the rise to make a few quid. Nothing to worry about.

His LinkedIn profile shows he has worked as a Duty Manager at Heathrow for 37 years:

https://www.linkedin.com/in/steve-xerri-17447350/?originalSubdomain=uk

Same here.

Reported.

The real Richard Edwards has stood up on X. He’s got a blue tick and all.

This is the current corporate entity of capAI, linked to Prof Matthias Holweg of the Saïd Business School, University of Oxford, and Luciano Floridi

Yale University - Digital Ethics Center; University of Bologna- Department of Legal Studies.

Development partners include BP, IKEA, Coca Cola and Fujitsu.

@MammaC capAI Ltd was incorporated last week (22 Jan). Would suggest to me that RE is putting the finishing touches to the RTO/investment/partnership.

It’ll be capAI, not Studio Graphene. Too many coincidences.

From yesterday (Wednesday):

29-Jan-25 13:16:08 0.046 55,000,000 Unknown* 25.30k O

29-Jan-25 15:23:41 0.043 92,500,000 Unknown* 39.78k O

Wow!

49.5m at 0.032

It has been diluted somewhat since it was 1p, but nice try.

No, but I’d rather get in the lift on the ground floor.

The chancellor is expected to announce a raft of measures including developing Oxford and Cambridge - which she says has the "potential to be Europe's Silicon Valley" - building nine new reservoirs and the redevelopment of Old Trafford.

Support for the Oxford-Cambridge Growth Corridor - also known as the Oxbridge Arc - that was scrapped by the Conservatives in 2022. The government points to a report claiming the development, including transport, business growth, and housing, could add £78bn to the UK economy by 2035;

It would suggest, given the demand for the stock, that there is very little available to buy. Nearly 50% of the company is held by three directors, so the free float is limited.

We’re talking AI regulation. This is wider reaching than the proprietary tech that SCGL invested in.

Silly Billy!

This is potentially at the forefront of AI regulation:

capAI is a conformity assessment procedure designed to evaluate the trustworthiness of Artificial Intelligence (AI) systems in alignment with the European Union’s proposed Artificial Intelligence Act (AIA). Developed by researchers from the Universities of Oxford and Bologna, capAI offers organizations practical guidance on translating high-level ethical principles into verifiable criteria throughout the AI lifecycle, encompassing design, development, deployment, and usage. 

The primary objective of capAI is to serve as a governance tool that ensures AI systems are legally compliant, ethically sound, and technically robust. It provides an independent, comparable, quantifiable, and accountable assessment framework, assisting organizations in demonstrating the trustworthiness of their AI applications. 

In practical terms, capAI aids organizations in:

• Monitoring the design, development, and implementation of AI systems.

• Mitigating risks associated with AI failures and decision-making processes.

• Preventing reputational and financial harm.

• Assessing the ethical, legal, and social implications of their AI systems.

By implementing capAI, organizations can proactively address potential ethical issues, ensure compliance with forthcoming EU regulations, and foster public trust in AI technologies.

Https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4064091

Https://artificialintelligenceact.eu/assessment/