just a squirrel trying to get a nut
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So I dont think value of citgo is not at issue but....
With delay ? And "IF" FCSC get its mits on the claims non U S. Co's would get squat diddly
There is little to no doubt AWS is corroborating with veri to what extent is the looming secret...
Its says right here imagine...
Imagine automating the cataloging of a 70-year-old media archive or efficiently managing 7,000 hours of Olympic footage.
A strong maybe ...
https://www.nbcnews.com/news/amp/rcna159108
" Shifting to Veritone’s media and entertainment business, he said the company “remains at the forefront of driving AI innovation in [that] sector. Our comprehensive range of services spans content and advertising analytics, asset management, licensing and bespoke cognitive and generative AI solutions "
" In Q3, Veritone signed and renewed contracts with talent agency CAA, United States Tennis Association, NBC Universal, A&E Networks, HBO and Augusta National, he noted. "
Par for the course
Nothing existential
Many example of da\/id v goliath that were beaten and battered with the appearance of weakness.... but strong vision and conviction in what those companies managed ultimately made them giants today
I think they are aggressively addressing the rebalancing
Next ER is just around the corner more will be know about the path to profitability
AI landscape is getting hairy and Ai for \/good is the only side to be on
Side bar
I just read an article about YouTube wanting make deals with record labels but after plagiarizing or allowing it to happen on its site for many many years not so sure that they will exactly be jumping to reach agreements with the scofflaws FWIW
Amazing how a tiny 6 figure deal can be disruptive to ones mind .... AISP
For the most part you seem like an alright person from reading your posts over the years
But I have to ask are you ok?
Keep in mind the human aspects of being in charge there are 700 people [humans] livelihoods and families that work here
Its cute to say things as an investor but as an investor you get to chose your stock none of the \/ family chose you ... FWIW
PEACE
CAA deal blows the doors off of that 6 figures
QUESTION ?? Of the whole list of creditors how many would qualify if they had to go thru the FCSC before any payout is possible ....???
In lieu of the Citgo auction, they called for a Foreign Claims Settlement Commission process to be established, noting it has been used previously in Cuba, Iraq and Sudan. The commission is an independent agency of the Justice Department that adjudicates claims of US nationals against foreign governments.
Representatives Debbie Wasserman Schultz and Maria Elvira Salazar, a Florida Democrat and Republican respectively, co-authored the letter. Other signatories include Democratic representatives Joaquin Castro, Robert Menendez, Jared Moskowitz, Darren Soto and Susan Wild, as well as Carlos Gimenez and Michael Waltz from the Republican side of the House.
Closed $65M PP at USD$3.50 in two days
Any question...?
RMLFF GDRZF
it appears both are willing to align with any top bidder to secure an equity stake in the new Citgo for a potential easy quadrupling of thier respective claims or get paid in full ....
More than just for Hollywood the CAA VERI deal and the likes likley has the attention of artists musical, theatrical and compositional that are not contracted with CAA
The likes of which will face AI challenges undoubtedly
Bankers, CEO's, politicians ect ect ...
Imagine your boss calling you telling you to transfer the funds and its AI generated
Could move our timeline up exponentially?
The CVX HESS offer of $53billion should tell us all we need to know
But in addition Judge Strark say NO to delays ....
https://www.reuters.com/markets/commodities/citgo-share-bidders-can-be-asked-how-accommodate-bondholder-claims-judge-rules-2024-05-17/
The show must go on ...
RMLFF
Shouldn't BKNG shareholders Know?
BKNG Reach Settlements In Five Cuba Libertad Act Title III Lawsuits.
Is there something so say about this VERI CAA deal (doing something right) and possiblity we have a [C]reativEdge' ....?
From the last ER > Cornerstone<
Our aiWARE powered solutions, which provide a best-in-class ecosystem of AI models and intelligent data lake and workflow tools remain the cornerstone of our operations
This guy is a genius https://www.undervalued-shares.com/weekly-dispatches/9-opportunities-in-litigation-finance-defaulted-debt-and-expropriation-claims/
Not if but when ...
If you dont know who Swen Lorenz is you maybe should
I've repeatedly written about ancient financial claims against the Cuban government, most notably in a report that is probably the single most extensive piece of research that anyone has ever published about the subject. Nowadays, claims against Cuba are notoriously difficult to get hold of. It used to be possible to buy old Cuban bonds on the New York Stock Exchange, or invest into US-traded stocks like Cuban Electric to participate in restitution claims of companies that lost their assets to the country's expropriation policies
If I was the ELLIOT Group I'd be buying everything not nailed down knowing exactly how much my leading bid is worth
https://www.reuters.com/markets/commodities/elliott-weighs-citgo-bid-creditor-group-eyes-conoco-own-offer-2024-04-18/
Yes spinning off a newly rebranded Aiware with a new 51% majority stake partner 2 -5B cash infusion would be AWSome
VERI Anthropic
And VERI would remain an AI solutions company
\/
https://www.nextgov.com/emerging-tech/2024/05/agencies-are-advancing-ai-pilots-face-scalability-challenges-report-finds/396439/
Anyone else notice on all CBS PARA videos it now say
For video licensing inquiries, contact: licensing@veritone.com
Right not like the DOD is leveraging AiWare the (JAIC) now under the (CDAO)
Under the terms of the agreement, the JAIC will be able to leverage the Veritone aiWARE platform and key applications for Test & Evaluation (T&E) capabilities to accelerate the government’s full spectrum of emerging AI technologies including Machine Learning (ML), Deep Learning (DL), and Neural Networks (NN).
GridBeyond if growing like fire blazing fast
What is the market cap of gridbeyond after the $55m cash raise?
Do we smell an upcoming IPO ?
VERI holds 4,160,644 of Series B Preference Shares in GridBeyond
Maybe we do the same with BENJI health probally better in the hands of a more specialized heath company
Who leads a symphony...?
As good as anyone trumpeter is it takes an orchestra to make the symphony and everyone has thier places guided by the
CONDUCTOR
https://images.app.goo.gl/BCkaaqwUkR894fwj7 ">https://images.app.goo.gl/BCkaaqwUkR894fwj7 " />
https://www.nextgov.com/artificial-intelligence/
I dont think this was given enough recognition
https://www.linkedin.com/posts/hlworkplace_workplacepension-retirementplanning-pension-activity-7176608793097580544-4kRv
1.7 million clients
Today we are trusted with more than £120 billion by over 1.7 million clients. We are a secure, FTSE-listed company, headquartered in Bristol, and employing over 2,000 people.
https://www.hl.co.uk › about-us
By now, it should be common to see
third party applications running on aiWare,
Yes I believe its is veri AWSome
Open Ai moment ...
RISK / REWARD ?
Some challanges ahead $
is an appeal veri likely
Is MANA TRUST meant to match MANAusd coin by MARKET CAP $1B + surely not by stock price ?
https://www.otcmarkets.com/stock/MANA/security
https://blockworks.co/price/mana
The only way RMLFF gets to $5 or more is with a successful top bid for CITGO of which we may veri well be
https://www.nextgov.com/ VERI good site
Maybe even disruptive
RMLFF has another US$400 million of debt. That includes on balance sheet debt of US$265 million and litigation and success related fees of ~US$135 million. They would have to pay another US$50 million in taxes.
https://www.thebigscore.com/p/4x-your-money-by-july-15
Does this suggest there is room at the back of the bus but not veri much more he says ....
https://www.reuters.com/markets/commodities/us-court-clears-altana-fund-participate-auction-shares-citgo-parent-2024-01-24/
Correct me if I'm wrong
GDRZF RMLFF
V.GRZ V.RML
SMART $2USD+ or we become CITGO
not bad
like $24B revenue
over $2B profits
All that for a steal.....
Cant beat that
https://finance.yahoo.com/news/rusoro-announces-filing-non-binding-130000246.html
RJ Reynolds ot ITG XXII is a contingency plan ?
Maybe it's already negotiated and that's why management continues to reduce your vote .... just saying its very intresting though
Anyone figure out how much AXON makes from the sale of software like redact ect that VERI will pick up on as the now SOLE provider to the DOJ ...?
VERI intrested
The Steelbergs bros are doing a great job I have not yet figured out my self how to take a company from zero to hundreds million revenue ....
GLTM
Congrats RMLFF there is enough money to pay legal distribute about 1$ a share back to share holders pay off all debt and be well capitalized for a new venture
For those who got in when it seemed hopeless a special congrats well worth the wait ...
I wish I knew of a similar type situations that I can own at a tiny fraction of an inevitable payout that's required by law to lift a certain trade embargo ....