The company won't be around in 10-15 years? Could u give yourself a longer timeline? Tech is changing so rapidly, who knows what AI will be like in 15 years? Not to mention a company like this will likely be taken over in the next few years. There is plenty of precedence of takeovers in the AI field. These takeovers have been posted on this board by other users.
Nab not following through from the trial is proof of only that, they didn't follow through at that time. This doesn't preclude them from adopting Rosie in the future. Ai is in its infancy and back then was really at the forefront of technology. Doesn't mean attitudes don't change. Plus is the nab the only potential customer? Think I'd take nationwide over them any day!
Not going to the vc's in Silicon Valley and listing on the asx is not proof that the technology is useless. The terms offered by the vc's are often onerous so by coming to the asx it allows the founders to maintain more control of the company, and helps them attract top tier talent with incentive plans.
There is no doubt that AI has a very strong future and the pipeline that CR8 has established already proves this point. Flamingo doesn't need to win all of the business just a small market share to become a very viable company with significant revenues. I for one trust the management and am prepared to go along for the ride.
CR8 Price at posting:
9.9¢ Sentiment: Buy Disclosure: Held
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