Hey Surges, There's no need for BP to sell down as it has been...

Hey Surges,

There's no need for BP to sell down as it has been off the back of our account that they have been buying. We have accumulated a bunch over the last month or so as we expect the battery results to be positive and believe in the underlying tech. While there will be a percentage of shares that will be traded dependent on cashflow from our business - by far the majority have been purchased to keep (and should still see us well into the top 50).

There are actually a few comparisons I am seeing in ADO in recent times that I can relate to with our business. We are a tech play in AI working on resolving a challenge that one of the worlds most powerful brands are currently facing. If we were chasing this by ourselves it would be futile as we are tiny compared to the brand - so what we have done is align with (and in turn be endorsed by) IBM. This gives us credibility in the market and also allows the client to have IBM do due diligence to ensure that we can deliver on our claims (does anyone else see the comparison with ADO?).

On top of all of this we are building AI that IBM calls the best idea they have ever heard for AI and while it would be ideal to build this all in Australia, the required talent, expertise and end client are all on the other side of the world.

We also have a world-wide patent which protects our IP and although the client has expressed the interest to buy out our idea we are more interested in partnering with the client and paying them a royalty/licensing fee to allow our idea to leverage their brand - effectively making us look like an extension of them in the market.

All of this seemingly has nothing to do with ADO and yet I still see the similarities in IP, strategy and potential pathways to commercialisation.....

Bottom line is if we got to 3.5c months ago on the sniff of battery tech what is our potential if we can validate the tech through respected third parties and end users? The current SP just seems insanely good value to us. And while someone on the thread referred to me as an idiot for buying some at 2.3c on the close last week we managed to accumulate a bunch more this week and our average over the last month or so is fantastic so we are happy.

Then again an announcement may come out next week stating that the battery results are shithouse and the roadshows are all cancelled.

GLTAH - we bloody deserve this!