BDE

This is an encouraging response taken from the Hydrograf discord. “Matt” is the CFO - Matt Anderson. Still hopeful we have a fun H2 this year.

“I asked Matt regarding market cap / exit tax correlation, here is his answer:
"Hi David - Thanks for the outreach.
Redomicile is focused on assets, so l guess in a way indirectly market cap since there is an implied valuation.
It's a complicated process, and a lot of technical pieces that have taken extra time.
That said, I think it is well worth it as we're putting together the best process for our investors and moving ahead on some very large milestones for the Company.
I'm eager to get news out as well.”

Are we getting in the CPU business??? LINK

Reading between the lines, it seems like they’re focused on the redomicile through summer, and the news flow should be strong in the back half of the year. Until then I think we likely hold in the $4.50-$6.00sh range, but I expect to be in the double digits by Q4. LINK

Arete Research raised its Price Target on $NBIS from $291 to $380 and keeps a Buy rating.

Source: Bloomberg Terminal
LINK

Holding 490 shares at a $8.93 avg. Ready to offload.

Correct, they have 8-10 years left on their core patents (but also have 10+ new patents filed pending approval) so as long as they’re truly progressing in the buildout phase, I think we’re fine. The CEO’s lack of experience has always been my biggest concern. Learning on the job for a company with this much potential is not ideal, but it is what it is. I hope (and believe) she has some good council in her ear.

I’ll continue to say, I believe we’ll know a lot more in the next few months. If they haven’t announced the gas partner by July/August, I will be very anxious and worried. As of now, I think we just have to roll with it and hope the NDA’s are the reason for the lack of contract news. And that would make sense. Ex: if you’re the Top-10 automaker they’ve been working with and know “the sauce” you need, you want complete silence until Hydrograf is capable of actually producing the ingredients needed. Otherwise, your competitive advantage would be compromised. I’m continuing to add to my position but also watching it like a hawk.

Earnings come out pre-market on May 13.

They also just announced the acquisition of Eigen AI for $643mm. It’ll be interesting to see how the market reacts. LINK

Sparc just halted trading ahead of a major update. LINK

Cheap and easy flight from Nashville - I’m in.

They officially closed the $30mm life offering so I think this allows news/announcements to start flowing again. LINK

Revised to say, there seems to be a lot of negative sentiment around everything AI related and I may just pull out completely at PM open. Take my $15k loss and either catch the next leg up or not. Probably the typical retail move but it comes with the aforementioned timing. Alarm set early for a morning review and action plan.