Cel AI PLC - CLAI - Share Chat

More chance of seeing a performance from Bob Hope

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Going bust!!

Can someone explain why share price is listed at 0.14p on every other website except here??

Price is £0.0017

Correct, but othertrading sites have it as per screen shot…

May 28th 2024 - Interim Results:

https://polaris.brighterir.com/public/cellular_goods/news/rns/story/rndqmnx/export

An interesting read, showing their future strategy

“ No assurance can be given that future results will be achieved; actual events or results may differ materially as a result of risks and uncertainties facing the Company “

Will be interesting to see if they can turn this company into something positive

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Thanks for that. A good read. Shocking that this company still only has half year sales of under £20k after all this time and after burning through millions of reserves. And in this report they’re celebrating getting monthly costs down to £50k…
Laughable incompetence.

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Guessing they are finally on their way to closure? Nothing in stock on their site any more!

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Oh well thats another writeoff then.

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That actually looks good compared to mine :man_facepalming:t2:

Same, almost identical to mine. Worst performing stock I’ve ever had on here. Back when Beckham was linked to it I was hoping Victoria would be seen using/promoting it for a huge publicity boost but instead all it has ever done is slowly fade out of existence.

Did anyone see these bought a load of Solana crypto in the results? Well I never…

The decision was made to manage the company’s treasury by making a significant investment into the Solana (“SOL”) crypto token. As a result, on 05 August 2024, 4,149 SOL were purchased at a price of £96.40 per token. These tokens were then staked onto a Delegator which generated further SOL as a yield. This yield can then be sold to offset the operational expense of the company. As at the date of signing of these financial statements, the number of SOL held has increased to 4,253 with a carrying value of approximately £630,000.

Having stabilised the company it is the intention of the Board to pursue profitable and cash generative opportunities in the Artificial Intelligence and AI Agent sectors to create profitable returns for shareholders.

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If you don’t have a product or a vision, why not get good at gambling the treasury. If it works it works

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Having stabilised the company it is the intention of the Board to pursue profitable and cash generative opportunities in the Artificial Intelligence and AI Agent sectors to create profitable returns for shareholders.

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I’m a long way from any profits/breaking even in fact, but that’s a great jump from where it was 2 weeks ago! Probably need another 75 times last previous jump :man_facepalming:t2:

Be interesting to see what the first news is on this new strategy. The new board appointments are already involved in Ai things…

“The Company is also pleased to announce that Nicholas Lyth has been appointed as executive director and Chief Financial Officer. The appointment will take effect immediately.”

Nic’s other appointment File Forge

File Forge offers a robust infrastructure platform designed for users who want a truly decentralized and secure Artificial Intelligence storage platform.

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people still buying in. got a funny feeling these will announce something soon. if you read the statements in results before xmas.

“Having stabilised the company it is the intention of the Board to pursue profitable and cash generative opportunities in the Artificial Intelligence and AI Agent sectors to create profitable returns for shareholders.

Strategy & Operational Review and Outlook

The Company’s previous strategy resulted in the cash reserves being depleted at an unsustainable rate so it was imperative that a change of direction was implemented. The current Board has significant experience in the Artificial Intelligence and AI Agent sectors and these generally require minimal operational expense beyond the normal running costs of a public company. The Board retain a positive outlook regarding the crypto sector up to the medium time frame and as such are confident to retain its position in the SOL token for the time being. The Company may sell some of these tokens going forward if a more value accretive opportunity presents itself.”

Still a lot of interest. Their Solana investment was genius timing

Solana heading back up again. Crazy cap 1.6m if they bring in some Ai project

Solana flying again … 6% and climbing