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Grabbed some 5.29s... 😺 $BMR
I might have...we can grab 25% of this (BOX) pretty quick and then add in the booming AI and Machine Learning market opportunities...the sky's the limit! 😺 We soar!
https://companiesmarketcap.com/box/marketcap/
$BMR
Excellent posts tedpeele, thanks. See the P/E ratios for BOX and DropBox...
P/E of 136 for BOX and around 17 for DropBox, I believe.
https://www.box.com/home
HUGE POTENTIAL here with BEAMR as DISRUPTIVE and a PARADIGM SHIFT. From what I hear...😺
$BMR
You're welcome, mtsr...$BMR
Nice pickup Ted!
6.94 hod, action coming fast & furious 😺 $BMR
They released a PR premarket. No surprises for me, think there were for others...
Beamr Issues Annual CEO Letter to Shareholders: Highlighting Beamr Cloud Launch, 2023 Financial Results and Achievements and Q2 2024 Upcoming Milestones
March 04, 2024 07:05 ET | Source: Beamr Imaging Ltd.
Herzliya Israel, March 04, 2024 (GLOBE NEWSWIRE) -- Beamr (Nasdaq: BMR), a leading supplier of video optimization technology and solutions, today issued its annual Letter to Shareholders from Sharon Carmel, Chief Executive Officer of Beamr.
Dear Shareholders:
As we look toward a promising and exciting year ahead, I am proud to reflect on Beamr’s achievements throughout 2023, including our financial results for 2023, our recent achievements so far in Q1 2024, and look forward to our plans for Q2 2024.
2023 was the year we built the Beamr Cloud service, and 2024 is the year we plan to invest in expansion of our business.
Beamr is experiencing a pivotal moment following the launch of the Beamr Cloud SaaS solution, which enables everyone to perform high quality, high scale video processing at attractive pricing. Our new video cloud service, launched in February 2024, offers more capabilities than we initially expected. They include video standards modernization from AVC to HEVC, and adoption acceleration of new standards.
Just before announcing Beamr Cloud launch, we raised gross proceeds of $13.8 million in an underwritten offering in February 2024, prior to deducting underwriting discounts and other offering expenses. We intend to use the raised capital to substantially expand the reach of our video cloud services by investing in research and development efforts, sales and marketing activities, cloud operating costs, as well as general and administrative corporate purposes, including working capital and capital expenditures. We plan to expand Beamr Cloud across the emerging markets in the video world: User-Generated Content, Generative AI, Internet-of-Things (IoT) and Streaming (OTT).
During Q2 2024, Beamr plans to emphasize enabling vision AI processes in Beamr Cloud. Recently we published a technical paper that shows how Beamr tech downsized video files by 40% on average — streamlining Artificial Intelligence and Machine Learning processes and allowing significant savings in storage and costs. On March 17th, we plan to participate in GTC https://www.nvidia.com/gtc/, an NVIDIA led conference for the era of AI. At the conference, we will provide more information on our plans for integrating AI workflows into Beamr Cloud.
2023 Highlights
In 2023, we took our vision public on NASDAQ, focusing on optimizing video at scale.
We signed up another one of the top five largest media companies in the world to provide our video compression and optimization technology and solutions to its products and that following such agreement, Beamr is now working with three of the top five largest media companies in the world. We believe that this is a testimony of our leadership in video compression and optimization solutions.
2023 Financial Results
Regarding our financial results for 2023:
Revenues increased by $0.05 million or 2% to $2.9 million for the year ended December 31, 2023, from $2.86 million for the year ended December 31, 2022. The increase was primarily due to binding transactions with new customers versus other transactions that were terminated.
Cost of revenues were $0.096 million the year ended December 31, 2023 compared to $0.098 million for the year ended December 31, 2022, with no material change during those periods.
Research and development expenses decreased by $0.2 million, or 12% to $1.8 million for the year ended December 31, 2023, from $2 million for the year ended December 31, 2022. The decrease was primarily due to a decrease in salaries due to changes in personal and capitalization of costs consisting mainly of direct labor (including stock-based compensation expenses) associated with creating the internally developed software related to our cloud-based SaaS solution offset by an increase in professional fees.
Selling and marketing expenses decreased by $0.54 million, or 60% to $0.36 million for the year ended December 31, 2023, from $0.9 million in 2022. The decrease was primarily due to a decrease in salaries and professional fees.
General and administrative expenses increased by $0.7 million, or 82% to $1.5 million for the year ended December 31, 2023, from $0.83 million in 2022. The increase was primarily due to professional fees related to legal, accounting, investor relations as well as insurance coverage resulting from the completion of our initial public offering in March 2023.
Financing expenses, net decreased by $0.4 million, or 230% to $(0.2) million for the year ended December 31, 2023, from $0.17 million in 2022. The decrease was primarily due to income from the change in fair value of convertible advanced investment, decrease in amortization of discount and accrued interest and interest on bank deposits, offset by the change in fair value of derivative warrant liability and change in exchange rate differences.
Net loss for the year ended December 31, 2023 was $0.7 million or $0.06 basic net loss per ordinary share, compared to a net loss of $1.2 million, or $0.48 basic net loss per ordinary share, in the year ended December 31, 2022.
Beamr ended 2023 with $6.1 million in cash and cash equivalents, compared to $0.7 million as of December 31, 2022. This does not include $13.8 in gross proceeds received from our recently completed underwritten offering in February 2024.
Furthermore, Q4 2023 specifically presented strong revenues, consistent with our legacy business's robust performance in the fourth quarter of the year with $1.5 million in revenue in the fourth quarter of 2023 compared to $1.6 million in revenue in the same period in 2022.
Respectfully,
Sharon Carmel
Chief Executive Officer, Beamr Imaging Ltd.
A copy of Beamr’s annual report on Form 20-F for the year ended December 31, 2023 has been filed with the U.S. Securities and Exchange Commission at https://www.sec.gov/ and posted on Beamr’s investor relations website at https://www.investors.beamr.com/. Beamr will deliver a hard copy of its annual report, including its complete audited consolidated financial statements, free of charge, to its shareholders upon request at investorrelations@beamr.com.
About Beamr
Beamr (Nasdaq: BMR) is a world leader in content adaptive video solutions. Backed by 53 granted patents, and winner of the 2021 Technology and Engineering Emmy® award and the 2021 Seagate Lyve Innovator of the Year award, Beamr's perceptual optimization technology enables up to a 50% reduction in bitrate with guaranteed quality. http://www.beamr.com
Forward-Looking Statements
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. Forward-looking statements in this communication may include, among other things, statements about Beamr’s strategic and business plans, technology, relationships, objectives and expectations for its business, the impact of trends on and interest in its business, intellectual property or product and its future results, operations and financial performance and condition. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s annual report filed with the U.S. Securities and Exchange Commission (the “SEC”) on March 4, 2024 and in subsequent filings with the SEC. Forward-looking statements contained in this announcement are made as of the date hereof and the Company undertakes no duty to update such information except as required under applicable law.
Investor Contact:
investorrelations@beamr.com
👉️ Link to BETS Bitcoin Wallet...
https://www.blockchain.com/de/explorer/addresses/btc/37frzvqQeAzf6hWj4J9zrEzZf4WJoo3sRR
This "wallet asset" is GROWING nicely! 157.73 Bitcoins x BTCUSD ($67.5k)
Only allowed one post to this board per day. Why I don't subscribe to this ihub site. Also don't subscribe to BETS as a long term play. Maybe long with a very small core...strictly a day-trade-stock...doesn't have any shareholders, never did, look at a chart...where are the lawsuits...? In and out, dance like a butterfly, sting like a......you know the thing, lol...sting thing... 😺
$BETS
5.73. This will be a $50-$100 stock within a year*. $BMR
*If "we" still exist.
wOw 🐱😺 5. $BMR
Grabbing some of these under 6...$BMR
Adding 6.15s, holding forever, lol...$BMR 😺
👉️ Beamr Imaging Ltd. (the “Company”) is announcing that it will release its audited financial results for the year ended December 31, 2023 on Monday, March 4, 2024. Concurrently with the release of its audited financial results for the year ended December 31, 2023, the Company plans to release a letter to shareholders from its chief executive officer, highlighting its 2023 financial results, recent corporate updates and upcoming milestones. 😺
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Beamr Imaging Ltd.
Date: February 27, 2024 By: /s/ Sharon Carmel
Name: Sharon Carmel
Title: Chief Executive Officer
https://www.sec.gov/Archives/edgar/data/1899005/000121390024017530/ea0200783-6k_beamr.htm
$BMR
Last 4 days selloff right at the open...claw our way back over 10...damn...will buy a few more...$BMR
$BMR moves on gravity, too...what the hell, man?
👉️ Be Prepared 😺
Bit Brother Limited ("Bit Brother, " "We" or the "Company") (Nasdaq: BETS), today announced that it has received a notice (the “Notice”) from the Nasdaq Stock Market (“Nasdaq”) on January 30, 2024 notifying the Company that the Nasdaq Staff (“Staff”) had determined to delist the Company’s securities from Nasdaq in accordance with its authority under Nasdaq Listing Rule 5101. Nasdaq based its determination upon concerns raised by the issuance of certain warrants with cashless exercise provisions in two registered offerings by the Company on October 25, 2023 and December 5, 2023 and the associated public interest concerns raised by such transactions.
The notice has no immediate impact on the Company’s listing and trading, as Nasdaq has granted the Company a hearing before the Nasdaq Hearings Panel (the “Panel”) scheduled to be held on February 27, 2024 (the “Hearing”). Nasdaq will continue to stay any suspension or delisting action pending the completion of the hearing process. There can be no assurance that the Panel will grant the Company’s request to demonstrate compliance of continued listing requirement or that the Company will be able meet the continued listing requirement during any compliance period or in the future. If the Panel does not grant the Company’s request to demonstrate compliance, its ordinary shares will be subject to delisting and the liquidity and marketability of the Company’s ordinary shares would be adversely affected.
BTCUSD over 57,000...
$BETS
$BMR moves on air, just pOpped UP over 10... 😺
I'm WAY long on core, this thing is all ove the place 😺 shorters...?
Nice play gail! I'm loaded to the gills. 😺 $BMR
👉️ More Awareness
👉️ AllPennyStocks
$ECGI
Adding all I can under 9.50. These are gold pennies on the gold dollars falling from the sky... 😺 JMO
$BMR
MM MEMX has/had 22,800 on bid 11 😺 $BMR
Why the volume? I don't know. If it was "buy volume" in the old days, a year ago, this volume would have blown us UP close to a penny, even higher...close to 2 pennies...
.0035s back UP...$ECGI...great volume! 😺
👉️ NEWS! ECGI Holdings, Inc. Announces Financial Restructuring and Balance Sheet Cleanup
IRVINE, Calif., Feb. 22, 2024 /PRNewswire/ -- ECGI HOLDINGS INC. (OTC: ECGI) (ECGI or the Company), a diversified holding company, is pleased to announce a new initiative to strengthen our financial structure and enhance shareholder value. Following our initial review, ECGI Holdings has successfully identified and initiated the reduction of over $600,000 in liabilities from its balance sheet.
This initial decrease in our financial obligations is a testament to our commitment to operational efficiency and fiscal responsibility. A key component of this achievement is the cancelation of the second SRAX note, which results in a direct reduction of $450,000 in our liabilities. This move is part of a broader strategy to streamline our financials and improve our overall financial health.
Cleaning the Balance Sheet for a Stronger Future
Maintaining the momentum of this financial optimization initiative, the cleanup of our balance sheet will continue and is a critical step toward achieving a more robust and streamlined share structure. By addressing and reducing our outstanding liabilities, we are setting the stage for improved financial flexibility and the potential for future growth opportunities. This ongoing effort reflects our dedication to maintaining a healthy financial standing and underscores our commitment to delivering long-term value to our shareholders.
Impact on Share Structure
The progress in cleaning up our balance sheet and reducing liabilities is expected to have a positive impact on our share structure. By alleviating the burden of these financial obligations, ECGI Holdings is better positioned to pursue strategic initiatives and capitalize on growth opportunities. This streamlined financial structure is anticipated to enhance investor confidence and attract additional investment, driving further value creation for our shareholders.
A Look Ahead
As we move forward, ECGI Holdings remains focused on executing our strategic plan, pursuing growth opportunities, and continuing to improve our financial structure. We are committed to transparent and timely communication with our investors and stakeholders as we make further progress.
We express our sincere gratitude to our shareholders for their continued support and trust in ECGI Holdings. Our team is dedicated to building on this momentum and achieving the strategic goals that lie ahead.
About ECGI
ECGI is a diversified holding company with a distinctive portfolio encompassing viticulture and luxury fashion. The Company owns and manages a five-acre vineyard in Lake County, California, specializing in cultivating Petite Sirah, known for its bold and rich character, aligns with the growing demand for unique and high-quality wine experiences. In the fashion sector, ECGI has strategically invested in Pacific Saddlery, a premier manufacturer and retailer of luxury equestrian tack, apparel, and accessories. This unique blend of wine and fashion investments reflects ECGI Holdings' commitment to delivering sophistication and innovation across diverse markets, positioning the Company as a distinctive player in the intersection of technology, viticulture, and luxury lifestyle.
For additional information, please contact us at info@ecgiholdings.com.
13.48...$BMR
When do we do our first 2:1 forward split? 😜 $BMR
12s, ripping...$BMR
11.50s...$BMR
11.35s going off again in afterhours...$BMR
"The 5-acre estate vineyard is planted Petite Sirah on some of the finest red wine grape soil in the North Coast and has achieved multiple vineyard-designate distinctions. In the past, $100/bottle wine has been crafted from this vineyard. The vineyard comes equipped with a grape purchase agreement and the new owner will have turnkey vineyard management options in place. Furthermore, on the west side of the property is a small residence and metal shop building, perfect for a vineyard foreman or ranch hand. There are another 10-15 plantable acres for further vineyard expansion and a fenced pasture for livestock/horse enthusiasts."
19,200 botlles @ $100/bottle = $1,920,000 per year/harvest(?) 👈️ that's for 5 acres
76,800 bottles @ $100/bottle = $7,680,000 per year/harvest(?) 👈️ that's for 20 acres
Two immediate problems. (1) How to get $100 per bottle (2) How to sell that many bottles
I've an idea. Special Occasion Marketing (Valentine's Day, Birthdays, all the Holidays is when the mass advertising is done. What we sell. "My Four Flavor-ites", Sara's Petite Sirah (our delicious full bodied red wine), Sara's Petite Sirah (same wine w/ CBDs), Sara's Petite Sirah (same wine dealcoholized w/ THC), Sara's Petite Sirah (same wine dealcoholized w/ CBD)...advertise special occasions, get 'em hooked and grab market share. $200 per 4 pack (4 bottles). $50 per bottle, need to get it up to $100 per bottle 🐱 targeting high-fashion market...
Sort of like these products:
$ECGI
173 views Jun 18, 2020
The Tuttle vineyard estate is a knoll top residence with some of the best views in the entire Red Hills AVA. Perched on an eagle’s nest homesite, the residence has 360-degree views of the gorgeous rolling vinescape of the Red Hills, Lake County’s premier wine-growing region. The residence’s views are stunning – featuring an open living area to the kitchen with access to the westerly deck, where many great conversations and memories have been made over a bottle of fine red. The house has hardwood floors, a spacious kitchen, 3 bedrooms, 2 bathrooms, new central heat/air, new roof, new paint, 2 car garage. This is the definition of pride of ownership. Continuing outside, the fenced garden area includes plenty of room for your RV/boat or travel trailer. Clearlake, one of the nation’s premier bass fisheries and recreational lakes, is a short drive from the house. The 5-acre estate vineyard is planted Petite Sirah on some of the finest red wine grape soil in the North Coast and has achieved multiple vineyard-designate distinctions. In the past, $100/bottle wine has been crafted from this vineyard. The vineyard comes equipped with a grape purchase agreement and the new owner will have turnkey vineyard management options in place. Furthermore, on the west side of the property is a small residence and metal shop building, perfect for a vineyard foreman or ranch hand. There are another 10-15 plantable acres for further vineyard expansion and a fenced pasture for livestock/horse enthusiasts.