Most stocks revolving around crypto and marijuana startups were nothing but scams.

They definitely aren't out of the "prove it" phase, but they're likely done with spending millions upon millions in promoting their penny stock as the next big thing in AI.

It turned out to be a complete waste of money.

Agreed. They're all over the place in what they're trying to accomplish, and it hasn't amounted to anything thus far.

I thought that the pharma contract would amount to something, as would the partnership and testing with Blue Yonder, but nothing thus far.

Given their expenses and cash burn rate each quarter, they really needed something to pan out on one of the fronts.

They don't even have any employees working in Abu Dhabi, and Analog is focused on VR/AR applications.

I'll be surprised if anything comes of it.

I used to have similar positive thoughts on such things as being possible, but I think reality finally sets in when you start to see the company do one lousy financing round after another, while companies like Microsoft, G42, and others sit by and watch as the company struggles to get by, and the stocks continue to crater.

I just don't see them as looking at Verses as a serious answer to anything at this point or even in the near future, including the spatial web. If they did, I think we would have seen some sort of traction in the markets by now, and more importantly, a real infusion of $$$$.

Just watched live news as dozens of ballistic missiles got shot down by what I believe is the Iron dome system.

More than 300 ballistic missiles have been fired thus far.

Market hasn't really reacted yet.

I don't know, but the possibility of an M&A did come to mind. Not sure what would fit, in that sense.

Either way, I find it very odd that they would need funding after funding, when they supposedly had a 350M funding lined up with G42 that was also supposed to amount to a much higher valuation. All of these other funding options are just killing the shareholders valuation.

In the most recent filings with the SEC today, I found page 41 to be intriguing, as it appears that a former employee of the company is seeking significant damages.

They didn't mention anything about allocation for contracts, in the filing with the SEDAR; if they did I missed it. A chunk of its intended for the benchmarks, which have already been delayed and taking forever. Roughly 10% of the amount is allocated to the two co-founders of the company.

As for Intermap, based on their market cap, I'm assuming that the hundreds of millions in expected revenues from InsitePro never amounted to anything; kind of like those monster mapping service contracts from years back expected to have huge payouts.

I can only assume that because they're seeing more contracts in the present, that there's a likely need for hardware upgrades and possibly even additions to the fleet. I'm not an aircraft expert, but I know that they're not cheap to maintain and operate.

As for their CEO, I know there are plenty of investors that have had little use for him over the years.... assuming its the same guy.

Check out the 20:30 mark in this video, and then 52:30. They were claiming they had the next big thing in AI within weeks away from being released into BETA last summer, and showing investors slides of ChatGPT and other big chatboxes and their quick rise of massive numbers of subscribers, to try and entice investors into believing they didn't just have a product, but the next big thing to compare to these other names. What a joke.

But hey, at least the Co-founders and the rest of the staff get paid, while not one of them bothers to mess with insider purchases of their penny stock.

Shareholders have always taken a back seat with this company, and I don't see that changing anytime soon.

Well the good news, is that they've cut way back on the promotional BS, as they simply don't have the funds for it.

It used to be where they might have six or more months worth of financing most times, but not anymore. Its now quarter to quarter, and apparently the hype around G42 and its desire to fund operations while taking a portion of the company at a much higher valuation was just that. Now they're having to rely on LIFE offerings of a penny stock that's about to head much lower unless they add meaningful revenues, which is highly doubtful. These LIFE offerings allow Canadian entities to have stock offerings which have no holding periods, and my interpretation is that its a potential form of death spiral financing.

Oh and while we're talking about that wonderful filing, I can't help but point out that they list all funding costs as being "compromised", as opposed to comprised. How ironic, wouldn't you say?

According to the filing (page 9), the co-founders will be "earning" just over 1M off this latest amount raised, or about 10%. They've been raking it in for years financially with this, and one would think that with both the US and Canadian stocks trading for pennies on the dollar, that it would represent such a great opportunity to show investors that they believe in their own company buy purchasing shares on the open market. I guess when you're already loaded with so many freebie shares its pointless to them, but to everyone else that puts their hard earned money into this POS it's just another huge red flag, blowing in the wind.

And what is that Mapes does with this company that earns him a dime, anyway? Is he still doing field trips around the country or globe, talking about the evolution of mankind from apes and pond goo? I'm embarrassed to admit that I used to believe in this clown show. Friday's filing fills us all in what the focus really is all about, and just how far off this company is from literally any sort of relevancy. I'm wondering if it was required for the raising of funds in this latest round, as they're literally having to raise about 10M every quarter at this point just to keep the damn lights on. It looks like there is no lockup period for the shares that are about to hit, either. One thing is for certain. If those MNIST and Atari "Milestone" benchmarks don't amount to anything with G42 by the end of this year from a valuation/funding standpoint, there's going to be pandemonium amongst the investment community as both stocks continue to crater.

The likeliness of a major port strike has increased, and the ILA is expected to fight for its livelihood as it looks to prevent automation from becoming a thing at US ports. We haven't seen a whole lot of news about this, but the possibility of a major event surrounding the entire supply chain cannot be ignored.

https://theloadstar.com/shippers-eye-canadian-ports-as-us-east-coast-strike-looks-certain/

This right here is the type of contract that could take a company like this to true relevance.

Parking lot theft is just absurd, and when it comes to hotels, I can fully relate as I had to deal with hundreds of breakins over the years, the majority of which I was lucky enough to have my shift ended before the pissed off guest woke to find out. Eventually we stopped calling the police unless the actual vehicle owner was the one making the complaint. The only exception might be if weather was in play, as then the police really need to run the plates so we can wake their asses up to come down and deal with their mess. Otherwise, the police really aren't thrilled to be running plates for breakins.

One time I had just finished up most of my work, and had a fan running as it was relatively warm where I was at, and I thought I heard a squeaking tire noise. I turned off the fan just to be sure, and could hear a car starting to move and then breaking, about every ten to fifteen seconds. I ran to the back of the hotel and opened the door to the back part of the parking lot. One guy saw me and ran behind the cars on the left, while another took off on the right. A car then zipped off in each direction, but by then they had already broken into five vehicles. Considering the dangers of the area, I ran to the awning where I had my vehicle parked underneath, in case I needed my AK47. Working up in Fort Worth overnight you better have something available for protection.

In general, vehicles are rarely stolen, but breakins are very frequent with hotel parking lots, and I would imagine parking lots in general. Once we even had an employee have her cat converter stolen in broad daylight. She quits days later. Guests (and employees) want a safe environment, and hotel cameras are a complete joke, if they even work half the time. Another huge ass joke is hotels hiring a third party security firm, where incompetent, useless men and women patrol the parking lots in golf carts, but only when they're not sleeping or trying to hide in the hotel to flap their gums or take their tenth restroom break. Once we had one of these security members come into the hotel to report odd behavior at the bank next door. I recommended that he call the police if he felt it necessary, but he didn't wish to "get invovled". The next day that bank was robbed.

It seems as though a lot of the customers for this company's product are wanting to keep them on board, with some having very high claims of improved safety figures. When it comes to parking lots, its more about preventing theft and other issues than anything, and signing a deal like this with a private hospitality company could eventually lead to something much bigger with one of the major chains. I mean hell, even Pelaton managed to get their foot in the door with Hilton, forcing each franchise owner to add their bicycles, which were severely delayed in being shipped. These big chains LOVE to find ways for their franchise operators to spend money to offer their guests the most amenities, and forcing them to all take on yearly contracts with a security company like this just makes so much sense. The best part of an entire hotel chain taking on a security contract here in the US is that every other hotel chain would be expected to match it on some level.

The joke was on us as investors, as usual. There are those that defended the CEO's remarks, but when you post that maybe you can/can't comment by the end of the month, then you really are full of shit, and clearly wanted to mislead for some reason. They had absolutely zero ties with that company, but wanted to give the appearance that something big was in play, when in reality all it was is another promotion of a software that's continuously hyped but never actually available to anyone.

Months ago they claimed to have begun a large public beta of their Genius product, and where is it? Where is any of it?

Isn't that what G42 was supposed to be about? We kept hearing about how they would value the company in the billions with upcoming financing in play, but to date they haven't bothered with it, despite the company's cash burn rate and need for funding each quarter.

Port unions could make things even more interesting. They want a strike for October 1st, and port automation is one of their fighting points.

Ports closing down would be a logistics nightmare.

Yes same here. Thank you for your service.

My old man's ontos company was nearly wiped out, so I'm lucky to even be here.

If they were working with OpenAI and a part of Strawberry, the stock wouldn't be trading for pennies.

All of the messages on social media are a joke.

Why not offer it as a special divy?

Results were nothing special, IMO.

Can we at least hold $125 first?

I can't recall a single analyst coming out and decreasing their price target. Didn't that short seller analyst even come around with a higher target and buy call?

Suppliers already gave away what's coming.

AMD as well.

We all know who the leader is in this space, and those that love to use the world bubble are in for a nasty surprise.

I believe that a large amount was set aside previously to cover the lawsuit. Thats why the last quarter expenses weren't as high as the previous.

Its a plus for them, but the burn rate is still high and now they show zero for revenues as they allowed NRI to be free from under their contract, before signing a new one.

If there's no mention of the company working alongside OpenAI by the end of the month, I see some of the euphoria drying up with the stock.

I though that they just showed 10M cash on the books in their latest FINS, but can't remember the exact amount. Considering they burn through about that per quarter though, it isn't much.

I'm most intrigued by the fact that everyone is putting massive valuations and expectations on the hardware side, but Jensen has spoken about how they're actually a software company. I wonder if larger investors aren't buying into the software side of the revenue story, as even the analysts just talk about the hardware end.

It sounds like its a reduction in all of the mag 7s, which I think is actually smart in a way.

These guys have already made so much money, that spreading it out more and rotating a bit isn't a bad idea.

I'm actually more interested in where these billionaires are putting their money, rather than where they're reducing.

I keep hearing crypto investments?

Coming out with such a big product, I bet they already had extra wiggle room with regards to production time.

Otherwise they would have come out with a news release, as it would have been a material event.

Most of the analysts agree that it amounts to nothing.

Retest of $130 coming up..... Hold onto your butts.

And where's that helicopter, scouring the desert sands for a "safe" place to land to unload the dozen beagles searching for those quantum snacks?

Is the Discover Gold App functioning today? Where's muh AI agent?

Fun fact that I didn't know until yesterday.

Jensen is a second cousin, once removed of Lisa Su with AMD.

Learn something new every day.

Rosenblatt analyst Hans Mosesmann reiterated a Buy rating and $200.00 price target on NVIDIA

https://www.streetinsider.com/Analyst+Comments/Rosenblatt+on+NVIDIA+%28NVDA%29%3A+We+expect+Nvidia+to+beat+and+raise+its+July+quarter+print/23631755.html

Its not a bad video, I just wish they got rid of that shitty, subtle background music thats not needed.

Its moved up more than 30% in the past couple of weeks or so. Needs to breathe a bit.

Margins will remain very high, and what to do with all the billions of profit, when M&A options are limited due to government oversight?

Stock buybacks and special dividends?

You can also just copy a web address, just as you do an entire article, and past that and it should work fine.

I always try and copy the article's title, and paste that just above the link, so that the reader knows what to expect.

I don't like clicking on links anyway that don't have any subject matter, as it may be a virus.

Now when it comes to smartphones.... no idea. I mostly just use my smart phone as a...... phone.