SLYCE
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Xxxxxx, you're right, we don't talk about competition nearly enough. However, rest assured that I have as good a beat on the competition as anyone at Slyce. With our consumer apps team, we've rigorously tested every player in the market. We just did a spike last month (dev speak for a testing and research) and built out demo apps using IBM Watson's image service, Google Cloud Vision, Visenze, Wolfram ImageInstance, Meta Mind, and Cloudsight. Suffice it to say, there is real competition, all going after the same $30bn market. And there are some we're more nervous about than others. However, our approach is completely differentiated -- no one else has the human tagging and machine-learning one-two punch that powers Slyce.
Our human data center is basically a facility where we custom curate and tag reference image data for all our clients (and much more). Other companies, including all of the above, do not have this capability. In order to use their services, you need to BYOD -- Bring Your Own Data. That is a huge problem, as virtually no retailer has the kind of tagged reference image data that we have curated in house. And if they do have any such data, it's not nearly enough of it to power automated systems. Our solution, by contrast, can get a retailer up and running on Day 1 without any historical data and, in the extreme, a fully manual tagging flow. But even in such a scenario (where none of our automated systems can be utilized), Slyce still produces an incredible experience — identifying images quickly and extremely accurately. And very quickly, we've built up enough reference data that feeds into a neural network and begins firing off automated responses.
Put another way, try any other competitor's service and you'll quickly see how inferior it is to what Slyce offers. Cortexica, which has managed to get a couple retailers we didn't land (Macy's) is a clunky experience with more manual steps and worse results. Camfind's solution (white labeled as Cloudsight) is in the Kohl's app, and it's embarrassingly bad. Amazon Flow still fails to identify most products. And even the so-called unicorns in the space -- Blippar has a $1bn valuation, and their image recognition capabilities are laughably bad -- can't match Slyce accuracy. In terms of Visenze, I'm curious if you've tried any of the retailers they're currently deployed on?
Next go try JC Penney, Home Depot, Neiman Marcus ... It's no contest.
Last point: the human tagging approach does scale; the problem is that Slyce's prior management chose to scale it prematurely, to create excessive capacity before we had the customer load to support it. Now that we have corrected much of that, I'm confident the system and staffing we have is in a good place. And again, I'm confident the system will scale. We parsed over 250 million images at SnipSnap, and the tagging expenses were fairly insignificant in our overall cost structure.
I wouldn't have accepted the position to lead Slyce -- or sell SnipSnap to Slyce -- if I wasn't 100% sold that we had the best solution in the market. Human-trained computer vision is why we've seen so much traction and emerged as the market leader. And it'll be a big part of the way we talk about and position Slyce going forward. It's how we win.
Thanks for joining the call, asking the follow-up questions, and reaching out.
Best,
-Ted
--
Ted Mann
President, Slyce
914-419-1432 | ted@slyce.it
Read more at http://www.stockhouse.com/companies/bullboard/...#zAqPrTd9yAzTr3CL.99
Kein Vergleich zu den anderen Telefonkonferenzen...
Allerdings ist das manuelle Tagging derart kostenintensiv, dass viele Firmen möglicherweise lieber mit einer geringeren Erkennung leben und dafür nur ein zehntel des Preises zahlen.
ShoeCarnival, der Kunde welcher vor kurzem online ging, nutzt ausschließlich die automatisierte Erkennung.
- SnipSnap arbeitet profitabel, er "sorgt dafür" dass das auch bei Slyce so werden wird.
- Er hält Aktien (durch den Verkauf von SnipSnap)
- 12 Kunden die kurz vor Vertragsabschluss stehen. Bis Ende des Jahres wohl diese 12 neue Kunden + viele mehr.
- Alle bisherigen Kunden haben die Zusammenarbeit mit Slyce ausgebaut (neue Dienstleistungen bestellt)
- Kommunikation mit Aktionären wird verstärkt
Aber ich denke dass es unter Ted Mann besser laufen sollte.
Aber bis die Aktionäre wieder Vertrauen fassen dauert es wohl noch.
Es mag jetzt einen Grund geben den Kram zu halten, aber bis die Maßnahmen Wirkung zeigen, wird es mindestens ein halbes Jahr auch keinen besonderen Grund zum Kaufen geben. Daher dürften wir erst mal weiter sinken.
http://technical.ly/philly/2016/04/05/ted-mann-slyce-president/
Aber noch heißt es eine Weile aussitzen, in der Hoffnung auf "good news"
Bei Handelsumsätzen knapp über der Nulllinie haben sowohl Slyce
als auch Eight Solutions weiter nachgegeben."
Diese Insider Informationen sind doch auf jeden Fall 499 EUR wert!
Und eine Reaktion, wenn man eine Mail schreibt, erhält man auch nicht.
Slyce: Hat einer ne gute Seite für Insider Trades (außer Canadianinsider)
Die ganzen Warrants sind jetzt auch eingebucht usw., recht viel Action gerade bei den Insidern...
Mr. Jason Budovitcha of Funtastic reports
PRESS RELEASE IN ACCORDANCE WITH NATIONAL INSTRUMENT 62-103
Pursuant to a private placement, Funtastic Holdings Ltd. has acquired ownership of 34.65 million units of Slyce Inc. at a price of 10 cents per unit, with each unit being composed of one common share in the capital of the corporation; one-half of one warrant, with each whole warrant entitling the holder thereof to purchase one common share at a price of 12 cents per share for a period of three years; and one-half of one warrant, with each whole warrant entitling the holder thereof to purchase one common share at a price of 20 cents per share for a period of four years. A total of 34.65 million were issued in three tranches on Feb. 22, 2016 (16 million units), Feb. 29, 2016 (17.75 million units), and March 24, 2016 (900,000 units).
The common shares and warrants were issued by the corporation in reliance upon the accredited investor exemption contained in Section 2.3 of National Instrument 45-106 (prospectus and registration exemptions) and Alberta Instrument 72-501 (distribution of securities outside Alberta). Pursuant to those exemptions, the common shares and warrants are initially subject to a four-month hold period.
Prior to giving effect to the foregoing acquisition of securities, Funtastic held 2,263,217 common shares of the corporation. After giving effect to the acquisition of the units, Funtastic owns or controls 36,913,217 common shares (or approximately 19.98 per cent of the issued and outstanding common shares (non-diluted)) and 34.65 million warrants.
In the future, Funtastic may acquire additional securities of the corporation, dispose of some or all of the securities it now owns or controls, or continue to hold its current position.
For further information or to receive a copy of the early warning report filed by Funtastic with securities regulatory authorities in Canada in connection with this press release, please contact Jason Budovitch, a director of Funtastic, at jkbudovitch@gmail.com.
© 2016 Canjex Publishing Ltd. All rights reserved.
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Hatte sie angeschrieben und ein paar Dinge nachgefragt.
Er sagt:
Ja es ist hart im Moment investiert zu bleiben und hart das der Markt Slyce so abstraft, wobei er es offen lässt ob es gerechtfertigt ist oder nicht.
Er sagt weiterhin, dass slyce mit seiner Technologie und Auslieferung an den Kunden Weltklasse ist.
Es ist ein großes Projekt um die kritische Masse zu erreichen, aber wenn sie erreicht ist, ist der Cash Flow fantastisch.
Das beste sei aber dass die Nachfrage nach dem Produkt vorhanden ist und die Mittarbeiter motiviert und talentiert sind.
Das wichtigste im Moment sei, mit den Kunden einen Vertrag zu schließen, die Kosten zu reduzieren und die Arbeit mit Investoren und Aktionären um sicher zu stellen, dass slyce die kritische Masse reichen wird.
Ich habe es in bestem Wissen und Gewissen aus dem englischen übersetzt.
http://investor.slyce.it/file/Index?KeyFile=33896538
Kommentare:
Jonathan Liggett: Great, ask them to stop spending money and start making money
Ted Mann: Jon, if it makes you feel any better, we've actually reduced our Post-It budget dramatically in the company turn-around. These were mostly made out of sliced up crate paper. Seriously.
... Einen gewissen Humor hat er jedenfalls..
"Adam is one of the most brilliant minds working on image recognition that I've encountered in the last ten years," said Slyce President Ted Mann. "I first saw what he was capable of when I purchased a Neat scanner several years back. The software Adam wrote was capable of identifying all the text and details from a receipt or business card, and magically turning it into an expense report or a digital contact." Mr. Turkelson was one of the first engineers at the Neat Company, where he researched, prototyped, and productized machine learning and image processing algorithms to improve Optical Character Recognition (OCR) results and accuracy.
Mr. Turkelson succeeds Dan Grigsby, Slyce's former CTO, who recently stepped down from the position. "The Board is grateful to Dan for his contributions to Slyce over the last two years," said Executive Chairman Dale Johnson. "We could not be more excited about Adam joining the team. He brings an enthusiasm for the technology, and depth of understanding around machine learning and computer vision that will be of significant benefit to Slyce going forward."
Prior to joining Slyce, Mr. Turkelson was CTO for Angus Analytics, a business intelligence firm specializing in energy, oil, and gas. At Angus, he oversaw all of the development initiatives for their flagship products which included identifying performance metrics, highlighting operational problem areas, and ultimately forecasting trends in the energy industry.
Mr. Turkelson has been actively involved in deep learning research and development for several years. He has led technology teams for corporations including United Airlines and Barclays as well as several startups, and has also worked in fields of Healthcare and Finance. Based in the Philadelphia area, he will work alongside Mr. Mann at Slyce's Philadelphia office, where Slyce's Consumer App Group is also located.
"Leading a company in the image recognition space is a lifelong dream of mine," said Mr. Turkelson. "At Slyce, we have already created a system capable of harvesting extremely unique and high quality data, and I'm excited to extract far more value from it. I'm also confident that we will be able to accelerate our overall technology roadmap in the coming weeks and months."
Es geht kontinuierlich nach unten. Ich frage mich tatsächlich wohin das noch führt.
Unex weiß es ja schon, er sagt Insolvenz.
Und ehrlich gesagt bin ich auch langsam mit meinem Latein am Ende.
Ich fürchte die Umstrukturierung bei Slyce kam zu spät.
Im Moment Zweifel ich daran das es jemals wieder aufwärts geht.
Der "Lead Investor" angeblich auch Amerikaner.
Die neusten Stellenausschreibungen von Slyce gehen auch Richtung USA:
http://slyceit.applytojob.com/apply/
(Nur die Dateneingabe wird aktuell wohl noch in Kanada bleiben)
Ich denke also das irgendein US Investor/Firma Slyce kaufen wird, bzw. gerade dabei ist.
Ted Mann wird dann wohl Chef dort bleiben, sonst hätte der Lead Investor Mark Elfenbein nicht ersetzt.
Ich denke das die Technik von Slyce seinen Weg gehen wird. Ob die derzeitigen Aktionäre was davon haben werden steht auf einem anderen Blatt.
Aber nachdem Maydorn verkauft hat ist das eigentlich ein Zeichen die Aktien zu halten ;)
Auf jeden Fall hoch riskant und die Chance auf ein Happy End sind sicherlich < 50%.
Ich weiß auf was ich mich einlasse bzw. eingelassen habe. Somit halte ich aktuell noch weiterhin meine Aktien. Ob das eine kluge Entscheidung war werde ich wohl erst nächstes Jahr sehen.
Von daher viel Erfolg allen, ob beim Kaufen oder Verkaufen!
Geld (Stk.) Realtide-Kurs 0,038 (106000)
Brief (Stk.) Realtide-Kurs 0,046 (60000)
Tradegate
Slyce 46,890,669-unit private placement
2016-04-27 16:23 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Feb. 10, 2016.
Securities: 46,890,669 common share units; each unit consists of one common share of the company, one-half of one warrant exercisable at 12 cents and one-half of one warrant exercisable at 20 cents
Price: 12 cents
Warrants: 23,445,334 warrants at 12 cents; 23,445,334 warrants at 20 cents
Exercise price: 12-cent warrants are exercisable for up to three years from the date of issuance; 20-cent warrants are exercisable for up to five years from date of issuance
Placees: 27
Insiders: Funtastic Holdings Ltd. 36,913,217; Khurram Qureshi 500,000; Erika Racicot 150,000
Finders' fees: $30,420 cash and 304,200 warrants payable to PI Financial Corp.; $4,200 cash and 42,000 warrants payable to Haywood Securities; $30,945 cash and 309,447 warrants payable to Digital Offering LLC; each warrant is exercisable for one unit at a price of 10 cents for up to three years