The LDA Capital Agreement.....0.50 per share x 40 Million to be issued, unless we move the goal posts.
Question: The timing of the (out of the blue) announcement, and the stated price per unit, given where the share price
has been revolving lately, does anyone care to give an educated guess as to why ?....if something big (potentially) is cooking,
what's your best guess ?
Just interested to get a feel of the mood in the room.
Cheers and good morning....Tech.
The LDA deal in its entirety is an insolvency blocker to go with our Insider holdings take over blocker.
The level of insider holdings indicates confidence.
Smart strategies by the BOD.
The latest quarterly report shows 5.1 quarters of cash left so there was no pressing need for cash. The first call to be made on or before 30th June'25.
No need to make a call until May'25 or thereabouts.
I think its likely we will see a lucrative deal drop soon. The problem is that there is likely a decent time lag between sign up and cash flow - hence LDA. Once a deal drops there will be more to follow IMO.
Also we are on a development roll PICO, M2, TENNs, aTENNuate etc and I expect more of these which costs $.
Client trials may result in us spending $ to make a custom change or 2 before deal finalisation.
We may have to spend a few $$ on defense related R & D. The Air Force contract did not just drop 'out of the blue'. There would have been discussions going for a while. Trump won in early Nov'24. He did not just dream up the 'Iron Dome' overnight - he will just push it along.. The Defense planners would have been working on this for some time as a solution to brainstormed potential threats - uncertainty calls for new and fresh ways of doing things, looking for a new 'Edge' - and some always make money out of uncertainty spending.
There is also talk about BRN and Radar. We have seen a BRN Press release concerning Radar. Bascom Hunter using AKIDA in their defense products.
There is also a thread created by uiux titled Brainchip+RTX. Its a good read.
There are lots of chips out there all with their own special little advantages over others for various end uses.
No one come close to AKIDA/Gen2/TENNs when it comes to Defense, Civilian safety applications, aviation and shipping, space, Auto safety and certain health applications.
Not worried about recent SP noise as we had strayed to far from averages and were overbought.
Starting to look a bit oversold.
In summary we are after big LDA $$ because we have big plans. Otherwise why bother.