Apologies in advance, but figured its time for a pep talk after another crazy week for VR1 holders. My weeks summary… we saw a some profit taking early in the week by those deciding it was time, then on Wednesday a solid dumping of shares by some shortsighted fund manager and anyone that followed, which unsurprisingly got absorbed nicely, then a solid push yesterday resulted in a finish about 10% down from the previous week. In good news, the shares dumped by the fm were options that they paid to convert, which
added just under $1M to Vections Bank (now approx $7.8M). In addition, the update on Wednesday confirmed
additional $1M in contracts won since just Tuesday the week prior (now TCV $9.0M approx). How good is that, another week, another $1M. Although its contract value, not revenue, we are well on track to reach the $20M revenue projected by the co by EOF. Which they have told market they intend to double annually ongoing from then.
We welcome some newcomers as holders who have seen the light either as a result of the FA & or the charts which both are really coming together at the right time. Like me, most seem to agree that we now have legitimate reasoning to justify an attack very soon and hopefully push through all time high above 0.24 particularly with the momentum the regular contract signings is bringing. Hopefully more shares are now in the hands of long termers, reducing free float yet again so once blue skies are reached, theres nothing to hold us back.
Remember we aren’t a mining company. Were not looking for a resource that we need funding to buy the land, map it out, likely raise capital to drill it to prove its worth, hopefully hit targets, further explore & drill, then after all that (if successful) find offtake partners to fund mine to production, then begin digging, preparation & transport, etc. This process can take many, many years, with no guarantee of finding anything.
In comparison, unlike a mine, the resource (or in our case),
the addressable market VR1 has access to is INFINITE. We have endless ground, we have unlimited minerals, our experts have proven the validity, they have the contacts. Weve already dug it up and were now in the process of shipping it with help of our partners to anyone in the world that has access via the internet (soon to be the Metaverse). Our product is that good, it sells itself as its our Internationally renowned partners promoting it for us in their attempt to grab market share. Anyone who thinks Metaverse / Omniverse / Disneyverse / WebEx will not be part of your life in 5 years the same as the internet is to us today really needs to do a bit more homework…
Metaverse is basically gonna be like the internet but on steroids. Remember,
what we have is scaleable which means our same product for 1 user requires nothing but a license fee from the next 100, or 100,000 users. The digging is done, now we just need time for word to get out about how good it is. Give it 18-24 months and see if your investment isn’t many multiples of today.
Its my view,
in the near future, there will be a digital twin of everything in our world today, inc the solar system. Even things that aren’t real, just visions. Both you & I will have our own digital twin by way of our own Avatar as we explore the virtual world. I predict within about 5 years, for the same price of todays quality smartphone, we will have access to VR / MR glasses that have photo realistic quality like but are currently unaffordable to most right now. We will also be able to buy sunglasses, possibly contact lenses that will give us the ability to display next level AR & holograms in 3D wherever we are. Phones & PC’s will be a thing of the past as virtual screens will be projected in what ever size / space we wish.
That future is here & now today though for
Vections target market, the Enterprise clients who are desperate for efficiencies & have the budget to have the best. For example, in conjunction with our partners, we can offer the ability to design & edit a new car or boat at 1:1 scale virtually and collaboratively. Pilots in training can gain legitimate credit for flying time toward their pilots license in VR with partner Varjo’s glasses. Our trials are ongoing where in AR an expert doctor can guide a surgeon in the operating theatre through a surgery from the otherside of the world. Wearing AR glasses, instructions can be given right now to someone untrained in a particular item / piece of machinery to get them up to speed or a faulty machine back up & running which has massive cost & time saving potential in pretty much any industry/workplace.
Worldwide, 11 million Autodesk Revit users are about to be made aware of the capabilities of 3D VR integration that our Mindesk software brings in the Architectural CAD BIM design process. Our software provides the live link multi user connection between Revit & Epic’s UE5 amongst other sw such as McNeels Rhino 3D. Our partner Siemens is already using Nvidias Omniverse to create digital twins of buildings & factories & even cities. With the help of AI & IOT, they are using these digital representations to better determine traffic controls via Smart Roads, water & power grid usage & management, weather predictions. Also to determine positioning of phone towers as someone moves throughout the city to ensure mobile phone reception. FYI - IOT is what will connect all devices such as fridges, lighting & aircons etc, so you can control them from elsewhere in your home / office.
Another lesser known partner of ours (via JMC acqu), called ASC27 has its own software called Asimov that from what I understand uses AI to find trends & searches on the internet & social media feeds to alert journalists of potential news / stories. It collaborates info & makes suggestions on articles. It can also translate voice or text to any language. ASC27 has another AI based software called Metrology360 which is designed to assist law enforcement by using special cameras to take a virtual 360 degree map of a crime scene that can be viewed later by way of 3D glasses even at a trial if needed.
The recent adoption of 5G is whats allowing the possibility of transition from Internet to 3D virtual worlds which obviously will require considerable higher bandwidth speeds, low latency needed for smoothe usage. Vections partner Gruppo TIM is the largest telco in Italy. (Kind of like Telstras equivalent here in Australia). They are working on a project in Italy with Ericsson & Google’s Cloud to create the first 5G Cloud Network in Italy. In addition, development by others is already happening on 6G networks which we will likely see late this decade / early next.
I have also read that Microsoft & (Tesla’s) Starlink have recently partnered with the intent of offering satellite internet access in places where 5G is not available. This is unrelated to Vection, but of interest none the less particularly as speeds from this service will likely exceed that of 5G for anyone that wishes to pay for it. Obviously ideal for us and our maintenance / training offerings to potentially ensure realtime AR access for example in the event of mechanical failure or emergency.
Vection has potential income from hardware products too by way of Vection owned JMC Group who have their JTotem displays in addition to Dell VROne collab product targeting high end AI users. Im not sure how it works, but partnerships with other hardware manufacturers such as HP Enterprise, Logitech, HTC Vive etc if nothing more give possibility of access to our 3D / VR / AR offerings.
The selection by Cisco WebEx of Vection to be their one & only 3D integration partner is a massive nod to our capabilities. It opens the door to hundreds of millions of potential monthly users. I don’t know much about the Defense / Military stuff we are into as understandably thats a bit hush hush. Long term client Fincantieri manufacture the massive ships for naval, commercial & cruise ship companies, so I assume its related to them and the 3D design process / maintenance needs they have. Per the chart on the TCV update, it is a substantial bread winner for us right now from another market often with a blank chequebook. Sports & Betting has always interested me, big players in the European scene there are clients already. Don’t see why this wouldn’t expand further internationally.
Also clients in manufacturing / training / maintenance such as Seda, Mutti, Trenitalia (largest train operator inc high speed rail in Italy). Plus we have a foot in the door at numerous universities such as MUNER, MIT, Luiss, Ball State all of which are training students and next generation designers in architecture, landscape, automotive, product design using our software.
So the actual Meta / Facebook Metaverse talk brings attention from the masses if nothing else, but for the time being we have so much in the pipeline that is just a bonus when it comes to being.
Anyone who has done any recent research into the tech space will see a common theme amongst the recommendations of fund managers & people in the know. The following is the top 7 current holdings of Roundhill Investments META ETF.
The ones in colour are partners of VR1Nvidia, Roblox,
Microsoft,
Unity Software,
Meta (Facebook),
Autodesk,
Amazon.
Others which are highly regarded &
also partners…
Dassault Systemes,
Siemens,
Cisco,
Olivetti,
Varjo,
Epic Games (makers of Unreal Engine). FYI
Varjo & Epic are not publicly listed companies, else they would no doubt be in the above portfolio.
Eitherway, VR1 cant be on a bad thing to be involved with this many multi billion dollar co’s?
Its hard to disagree, that Vections recent growth is beyond impressive. Take up is obviously compounding now & will most certainly continue to grow organically considering all the possible avenues for success. It was noted in TCV update that the funds from option conversion & the strong cash position
would allow ‘significantly acceleration of its growth and M&A strategy.’ Any additional acquisitions are exciting. Potentially bringing inorganic growth that will further expand our product suite and footprint at a time when this space is exploding. Ive missed heaps no doubt, but there is so much to keep up with that it makes no sense they wont succeed far as Im concerned.
Only question really is how long till Vection Technologies becomes a household name ?By the way
@bIGboyTanas. Maybe wait till $1 before you commit to your tattoo. With a bit of luck 60c will be here sooner than most expect. If you look at the Altium comparison I posted recently, the initial growth stage was 10x in 18 months, then double each 18 months from then on. On the chance it goes anywhere near my plan, I was thinking the below design might be worth a thought.
View attachment 3823424Please do whats best for you with your tattoo & your investments. Hopefully we can all get a bulk order going from our clients Lamborghini & Maserati soon too. Jokes, best not get ahead of ourselves, but no harm in being positive with this much ahead of us. All the best team
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