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Jumped on the T train earlier this morning with some $49.45 shares.
SAI - Worth radaring IMO.
Much appreciated for your stand.
SAI should do pretty good today, for anyone interested.
I bought TQQQ when S dropped to $14. Sold the T at $14.75.
Still sitting on my $14.77 S position. Was very tempted to average down Friday in the $13 range but decided I'll just sit to wait and see what happens. I think with a bit of patience I can sell my $14.77 S shares with a bit of patience. We'll see ...
This market is getting a bit too unpredictable to suit my fancy, to be honest.
Nurse Sherry may not like all that competition ... you reckoned?
Thanks for the update. (I'm taking handfuls of Phytosterol Complex caps daily to keep my prostrate from trying to kill me).
What happening with your prostrate situation? (Nurse Sherry is truly concerned).
Wasn't it Leahman Brothers who went belly up in 2008-2009 "allegedly" because they had so much debt caused from shorting gold and silver to keep prices of the metals down?
BOTH gold and silver has had a huge lid on it for years now and one MUST assume the Fed is quietly overseeing the ceiling. I sure would not be holding my breath that magically they will now take their grubbies off that lid, nor in the future.
I presume the same will happen with crypto. Bitcoin will get no higher than what the gubment allows. They would NOT have allowed the cyber ETF's to start trading if they weren't 100% confident they can manipulate them just as they have gold and silver AND ultimately oil stocks.
What's the BEST asset/s to hold? Warren Buffet has told us for years. Stocks of companies that make important things (the Chinese can make cheaper).
Bounced off the floor and now moving back up very nicely. All thanks to Buttcoin getting hammered.
Not a "dump". It was MM manipulation shorting. Hedge funds -- institutional funds - want CHEAPER shares now that the ETF's have been approved. Stay PATIENT. Share price will rise WHEN the big boys have their fill of cheaper shares.
Errrrrrrrrrrrrrrrrr ...
SAI ... "Sleeping GOLD?"
SAI news worth reading:
SINGAPORE, May 02, 2023 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation ("SAI.TECH" OR "SAI" or the "Company", NASDAQ: SAI), a Sustainable Bitverse Operator announced co-host of a Ribbon Cut Event with Southeastern Ohio Port Authority for Computing Heat Technology Development Recycle Center at Marietta, Ohio, United States.
The Southeastern Ohio Port Authority (SeOPA) is a statutory agent of Washington County. As an economic development organization, the Port Authority’s mission is to enhance the economic competitiveness of Washington County and to be a catalyst for job creation and investment by business, industry and local entrepreneurs. SeOPA is governed by a board of business and community leaders, approved by the County Commission. The Port Authority is staffed by Jesse C. Roush, Executive Director and Hannah Schaffer, Executive Coordinator.
The Computing Heat Technology Development Recycle Center is located in Marietta, Ohio and will be deploying SAI.TECH's new ULTIAAS products TANKBOX and RACKBOX with upgraded liquid cooling and waste heat recovery technologies, plug in clean electricity energy sources in Ohio. More significantly, this center develops technologies to recycle cryptomining heat for different heating needs, such as greenhouse and building heating, poultry industry operation. Thus, this center will not only save both bitcoin mining cost and electricity cost for greenhouse growers but also provide the public with the new model of innovative sustainable clean bitcoin mining.
The ribbon cut event started with a welcome speech given by Jesse Roush, Executive Director of SE Ohio Port Authority. Mrs. Amy Koscielak from the American Electric Power Corporation, the largest power supplier in the United States in terms of power generation, was also invited to present and speak during the ribbon cut event.
Mr. Tao Zhang, co-founder of SAI.TECH gave a speech about why he founded SAI.TECH and the meaning of Computing Heat Technology Development Recycle Center. "Some four years ago, I co-founded SAI.TECH out of my faith in Bitcoin, and my concerns for the crisis facing all of humanity, which of course is the climate crisis. We started out as a team of geeks with an oddly specific goal to green up Bitcoin mining, as we are committed to promoting the cryptocurrency and the technology behind it to be the ultimate vehicle of value and information," said by Mr. Tao Zhang, "This state-of-the-art Bitcoin mining facility, named the OHIO Computing Heat Recycle Technology Development Center, will allow us to deepen our research on liquid cooling and waste heat recovery technologies for a variety of High-Performance Computing tasks, including AI computing and Bitcoin mining. It symbolizes a new dawn in sustainable energy solutions for the computing industry. The ingenious designs of the mining machines and the computing infrastructure units that host them allow them to recover potent heat to be later used in nearby agricultural greenhouses. This striking collaboration between two distinct industries is a testament to the power of unity in fostering positive change within our community."
Dr. Tao Wu, Director of OHIO Computing Heat Recycle Technology Development Center introduced the details about the center and share about the future plan, "As director of the center, I’ll be overseeing the construction and operation of this Computing Heat Technology Development Recycle Center. The center will soon be hosting a fleet of SAI.TECH’s flagship liquid cooling and heat-recovering computing infrastructure units, the TANKBOX, and the RACKBOX. Yielding potent computing power and heat from clean electricity. By recovering potent heat generated by our mining machines and computing infrastructure units, we can provide a valuable resource to nearby agricultural greenhouses. This unique collaboration between the computing and agricultural industries exemplifies the power of unity and cooperation in driving positive change for our community and our environment," said by Dr. Tao Wu, "In closing, I am confident that the OHIO Computing Heat Recycle Technology Development Center will play a pivotal role in reducing our carbon footprint and contributing to the growth of our local economy. As we stand on the brink of a new era of sustainable energy solutions for the computing industry, we remain committed to fostering collaboration and innovation in pursuit of a brighter, greener future." At last, Dr. Tao Wu expressed his gratitude to people who present and announce the start of the ribbon cut ceremony, "Thank you all for joining us today to celebrate this historic milestone. Together, we will continue to defy expectations, break new ground, and prove that Ohio is truly a powerhouse of innovation and sustainability. Now without further ado, let the ribbon cutting commence."
When the marijuana sector just started taking off some years back, all the MJ companies started dropping in share price INITIALLY? Why? So MM's and hedge funds could load up CHEAP.
Same thing is happening to Crypto stocks right now. They WILL take off when the MM's are ready to let them rise. So patience is called for.
SAI! Wow! Bitcoin Dazzler!
Heavy emphasis on "Steady".
CDIO certainly hints of having big potential IMO. Good luck with your investment.
If no news gets released soon, the MM's tend to take the price back down and then run it up again once it's based. So be cautious ...
Thanks for the ELEV symbol. EYE-OPENING!
CDIO getting a little fire under it's belly.
Awhhh - 1958. My dad owned a 1958 Rambler American in the 60's. Car I used for my first date. Car was an off-green. I always felt embarrassed to pick up a date with it because of its color.
An incident involving "Old Green" I shall never forget. I was just learning how to drive. My mother was chaperoning me. I was trying to turn the car around, and to do so, I drove up a very steep dirt incline to then back down and be on our way. HOWEVER - there was something about that model, Dad said, that if you went from Drive to Park (auto transmission) on a steep incline, it would stay STUCK in Neutral and would refuse to let you put it into Reverse or Drive again.
So there we sat on a steep incline at the base of this mountain, unable to move either forward or backwards.
I got the bright idea that if we jacked up the rear bumper of the car ... lifting the right rear tire off the road ... MAYBE the transmission would work for us in reverse. For some stupid reason that I don't remember now, I had Mom pumping the jack and I was down by the rear tire. Once the rear of the car got high enough, I started twisting the tire to see if it would go into Reverse, and in the process of doing that, the jack came lose and the car came down instantly and I had my thumb stuck underneath the tire!
Pinned to Mudder Earth actually ruined an otherwise good day. Fortunately it was softer dirt I was pinned to that helped cushion the squeeze put on me.
Someone got hold of my dad and about an hour later (NOT LYING) he managed to jack the rear wheel back up again high enough off the ground for me while my mother pulled on the column shifter to free it so I could pull my very bruised and swollen thumb out. And then with much trial and error, he and Mom was able to get the tranny into Reverse.
I shed no tears when Dad upgraded cars to a 1962 Plymouth with a manual 3-speed on the column. It was a pretty blue in color and I got more and better dates with THAT one.
Thumb healed in time so I've lived happily ever after with 10 good fingers.
Potential to PUKEEEEEEEEEEEEEEEEEE.
The dip of the dip of the DIP! Gollllyyyyyyyyyyyyyyyyyyyy ... they sure are trying to shake out the weak, feeble and creating frightattacks.
This could be grounds for a CLASS-ACTION LAWSUIT on behalf of insiders having coronaries.
I say the Nasdaq will puke going into the close.
Got to get tech stocks lower so the big boys can reload prior to going into earnings.
Ahhh - okay. Thanks AGAIN!
How were you persuaded the Nasdaq would reverse this morning, if you don't mind my asking (Actually LEARNING)?
VERY GOOD news! Company is NOT cash strapped!
"The First Convertible Debenture has been fully repaid, and as of January 4, 2024, the Company’s obligation to issue and sell, and Yorkville’s obligation to purchase, the Second Convertible Debenture has been terminated. At the time of termination, there were no outstanding borrowings, advance notices or shares of Common Stock to be issued under the Securities Purchase Agreement. In addition, there were no fees due by the Company or Yorkville in connection with the termination of the Securities Purchase Agreement.
Made money in T as it rose so buying S at $13 was inconsequential - reckoned?
And it's a BLIMP they attach their equipment to. Target practice for bad guys.
Wow. Again - thanks!
Will consider that option. Thanks AGAIN!
Thanks! Putting a bunch into SQQQ.
Yep - predictable as the ocean will be wet come sundown.
Just bought some thousands of SQQQ at $14.77. Believing we're headed Nasdaq DOWN for the next couple of weeks, roughly. We'll see ...
More like I wonder how LOW they'll puke it just to show us that they CAN?
Will be interesting to see what kind of upside we get today from the news a bit earlier.
Pretty EYE-OPENING!:
Airship AI Holdings Completes Business Combination with BYTE Acquisition Corp.
Combined Company to Begin Trading on Nasdaq Under “AISP” on December 22, 2023
Business Combination Strategically Positions Airship AI, a Robust AI-Driven Video, Sensor and Data Management Surveillance Platform for Government Agencies and Enterprises, to Accelerate Growth and Revenue
As Part of its $163 Million Pipeline, Airship AI Has Begun Delivery of Multiple Firm Fixed Price Contracts Worth $10.9 Million, Awarded in September 2023 by an Agency Within the Department of Homeland Security (DHS)
December 21, 2023 11:55 AM Eastern Standard Time
REDMOND, Wash. & NEW YORK--(BUSINESS WIRE)--Airship AI Holdings, Inc. (“Airship AI”), a robust AI-driven video, sensor and data management surveillance platform that provides complex automated monitoring, predictive event analysis and intelligence to large institutions operating in dynamic and mission-critical environments with rapidly increasing volumes of data and data sources, and BYTE Acquisition Corp. (NASDAQ: BYTS), a special purpose acquisition company (“BYTE”), have completed the previously announced business combination (the “Business Combination”). BYTE’s shareholders approved the Business Combination at an extraordinary general meeting held on December 19, 2023.
“We believe that today’s milestone, combined with our visible and robust $163 million pipeline, will help accelerate the delivery of our AI-driven edge video, sensor and data management platform”
Post this
In connection with the Business Combination closing, the combined company has been renamed “Airship AI Holdings, Inc.” (the “Company”). Beginning at the open of trading on December 22, 2023, the Company’s common stock and warrants will trade on Nasdaq under the ticker symbols “AISP” and “AISPW,” respectively.
This transaction valued Airship AI at pre-money equity value of approximately $225 million. As a public company, the Company will have enhanced visibility, selling opportunities and financial flexibility to perform its business plan and broaden its customer base.
Airship AI Highlights
Large and Rapidly Growing Size of Addressable Market
$7 billion edge AI software and hardware addressable market today, projected to grow to over $40 billion in 20301.
This growth is expected to be driven by strong demand for AI solutions in public safety, industrial, and logistics settings.
Differentiated End-to-End Solution
Airship AI leverages AI at the edge to help improve public safety and operational efficiency for public sector and commercial customers by providing predictive analysis of events before they occur and meaningful intelligence to decision makers.
Solutions work with clients’ existing hardware and capitalize on rapidly growing use of AI to create efficiency, increase speed, reduce costs, and improve decision-making.
Blue-Chip Customer Base
Existing customers include federal government agencies across the Department of Homeland Security, Department of Justice, Department of Defense, and Intelligence Community, along with state and local law enforcement agencies and Fortune 500 companies FedEx and Home Depot.
In December 2023 began delivery of multiple firm fixed price contracts worth $10.9 million, awarded in September 2023 by an agency within the Department of Homeland Security (DHS), for advanced integrated solutions supporting real-time intelligence collection operations along the United States’ borders, leveraging the Company’s edge IoT appliance, Outpost AI.
Strong Growth with Software Margin
2022A: $14.5 million revenue, 57.9% gross margin, positive EBITDA.
NTM (Next Twelve Months, which denotes July 1, 2023 - June 30, 2024 forecast period): $39 million revenue, 65% gross margin, $9 million EBITDA.
Opportunity for margin expansion with recently launched Edge products.
Visible and Robust Pipeline
Strong pipeline predominantly with the U.S. government in addition to new growth opportunities within the commercial sector
Management Commentary
“We believe that today’s milestone, combined with our visible and robust $163 million pipeline, will help accelerate the delivery of our AI-driven edge video, sensor and data management platform,” said Paul Allen, President of Airship AI. “Our Outpost AI edge device, Acropolis operating system, and Command Nexus viewing client will enable us to take a significant share of the approximately $7 billion edge AI software and hardware addressable market today, which is projected to grow to over $40 billion in 2030. These differentiated end-to-end solutions serve a blue-chip customer base that includes federal government agencies across the Department of Homeland Security, Department of Justice, Department of Defense, and Intelligence Community, along with state and local law enforcement agencies and Fortune 500 companies FedEx and Home Depot.
“Most recently we began delivery of multiple firm fixed price contracts worth $10.9 million, awarded by an agency within the Department of Homeland Security (DHS), for advanced integrated solutions supporting real-time intelligence collection operations along the United States’ borders, leveraging Outpost AI. These awards affirm our strategic vision of providing tailored solutions designed to meet exacting and rapidly evolving technical requirements with solutions that work with clients’ existing hardware and capitalize on rapidly growing use of AI to create efficiency, increase speed, reduce costs, and improve decision-making.
“With a hard fought foothold with our blue-chip customer base, we are at an inflection point that now positions us to execute a multi-prong growth strategy that we expect will deliver a double-digit revenue growth rate with opportunity for margin expansion and positive EBITDA. In this next phase of our development, we expect to see growth from new opportunities within the commercial sector. The board of Airship AI would like to thank the team at BYTE for the successful completion of the Business Combination,” concluded Allen.
Sam Gloor, BYTE Chief Executive Officer and Chief Financial Officer, added, “We congratulate Airship AI on today’s accomplishment and look forward to their continued growth and evolution toward their goal of improving public safety and operational efficiency for public sector and commercial customers. As a public company we believe Airship AI is well positioned to execute on their strategy and we are excited to see them take this important next step. We thank the Airship AI team for their hard work and partnership in completing the Business Combination.”
Got to be some sort of manipulation by those UFO creatures?
I'm in agreement.