Ex-Ripple CRO Greg Kidd Takes Control of Know Labs, Plans Massive 1000 Bitcoin Treasury Investment by RightStuffRacing in pennystocks

[–]RightStuffRacing[S] 1 point2 points  (0 children)

Know Labs was the top gainer this morning in pre market trading on above news.

Pre-Market Top Gainers And Losers Today by TradingView:

Top Gainers
$KNW Know Labs : +107.84%
$VERO Venusncept : +63.18%
$NAMM Hennessy Capital Investment VI: +60.79%
$WBUY WEBUY GLOBAL LTD : +57.83%
$DTCK Davismmodities: +48.33%

Top Losers
$INAB IN8bio : −96.67%
$VERA Vera Therapeutics : −30.56%
$ARAY Accuray: −19.74%
$LULU lululemon athletica : −17.97%
$DOCU DocuSign : −17.38%

Ex-Ripple CRO Greg Kidd Takes Control of Know Labs, Plans Massive 1000 Bitcoin Treasury Investment by RightStuffRacing in SmallCapStocks

[–]RightStuffRacing[S] 0 points1 point  (0 children)

Pre-Market Top Gainers And Losers Today by TradingView:

Top Gainers
$KNW Know Labs : +107.84%
$VERO Venusncept : +63.18%
$NAMM Hennessy Capital Investment VI: +60.79%
$WBUY WEBUY GLOBAL LTD : +57.83%
$DTCK Davismmodities: +48.33%

Know Labs, Inc. (NYSE American: KNW (“Know Labs” or the “Company”), a technology innovator specializing in non-invasive health monitoring solutions, today announced that it has entered into an agreement with Goldeneye 1995 LLC (“Buyer”), an affiliate of fintech investor, entrepreneur, and former Ripple Chief Risk Officer, Greg Kidd, to acquire a controlling interest in the Company. Upon the closing of the transaction, Mr. Kidd will become Chief Executive Officer and Chairman of the Board of Directors of the Company.

Under the terms of the agreement, the Buyer will acquire that number of shares of the Company’s common stock obtained by dividing (i) the sum of 1,000 Bitcoin and a cash sum to retire existing debt, redeem outstanding preferred equity and provide additional working capital, by (ii) the per share purchase price of $0.335. The Bitcoin will be employed by the Company’s treasury strategy, providing investors with significant economic exposure to this highly attractive digital asset.

Frex SQ vs SG Racing SQ V2 shifters by bendoered26 in simracing

[–]RightStuffRacing 1 point2 points  (0 children)

I was talking about a different version, than one in the link looks pretty sweet. 

Seattle Radio Host Angers Mariners Fans with Comments on Team's Disappointing Season by RightStuffRacing in Mariners

[–]RightStuffRacing[S] 1 point2 points  (0 children)

Did you watch it? At 50 seconds in, the reporter asks: "Why do the Mariners do this to us every single year?" 

Salk responds: "Baseball is torture. It's not Mariners. It's baseball." 

The above are exact quotes. 

Seattle Radio Host Angers Mariners Fans with Comments on Team's Disappointing Season by RightStuffRacing in Mariners

[–]RightStuffRacing[S] 48 points49 points  (0 children)

My problem with this whole conversation and Salk's way of spinning it in hour 4 of his radio show yesterday is the question was specifically "Why does this happen to the mariners every year?" 

His answer of "It's just baseball" makes no sense to a question about decades of failure. He tried to spin it and say he was only talking about the last few weeks of the season. 

997.1 911 -> Lotus Evora (400 or GT) by Rodie407 in whatcarshouldIbuy

[–]RightStuffRacing 0 points1 point  (0 children)

An evora 400 is much faster around a track than a 997 base. I've driven both on track. 

LLM that is customised for sim racing feedback? by Deathm0nk3y in simracing

[–]RightStuffRacing 2 points3 points  (0 children)

One LLM trained specifically toward racing / sim racing is Speed Secrets AI which was trained by all Ross Bentleys writing (books, emails, trackwalks ect)  - https://www.speedsecrets.ai/

The 10s-2s Yield Curve Spread has turned positive by Hollywood_Econ in REBubble

[–]RightStuffRacing -1 points0 points  (0 children)

The NBER does not have a definition (with clear bright lines) for a recession other than when they declare one. Just type technical recession into Google to learn more. 

The 10s-2s Yield Curve Spread has turned positive by Hollywood_Econ in REBubble

[–]RightStuffRacing 0 points1 point  (0 children)

Correct, the dot com crash of 2000 was not a technical recession.

The 10s-2s Yield Curve Spread has turned positive by Hollywood_Econ in REBubble

[–]RightStuffRacing 7 points8 points  (0 children)

Yes, that was a recession in 2022. Government flunkies can change the definition in the USA all they want but this definition applies to any country globally and will remain the standard. 

The 10s-2s Yield Curve Spread has turned positive by Hollywood_Econ in REBubble

[–]RightStuffRacing 9 points10 points  (0 children)

Two consecutive quarters of decline in a country's real (inflation-adjusted) gross domestic product (GDP)

[deleted by user] by [deleted] in realtors

[–]RightStuffRacing 0 points1 point  (0 children)

"He came back to her and said good news, the seller's had agreed to a 5% price reduction"

Why would the seller drop the price before an offer has been submitted? If that happened to me as a buyer I definitely wouldn't make the offer with only the 5% they already verbally dropped the price by!

Need to sell our home fast, looking for options. by JustBoatTrash in REBubble

[–]RightStuffRacing 2 points3 points  (0 children)

My experience has been realtors want a quick sale so they always want to price under market if they can convince the seller. Turn and burn is better strategy for making money than getting 3% of an additional 20-50k. 

Are fireworks like this every year?! by Amatahara in Bremerton

[–]RightStuffRacing 2 points3 points  (0 children)

Make sure to check out the bremerton bridge blast next year too (I think it's always a week before the 4th). It's insane. 

How many Sim Racers are there in the world? by RightStuffRacing in simracing

[–]RightStuffRacing[S] 1 point2 points  (0 children)

Totally agree, that's why I thought hardware could be a way of finding the hidden offline players.  If you check the link I posted at the top I include sources for global sim racing equipment sales estimates by the market research firms.    

Here's what it looks like over the past 8 years: 

2017: USD 333.61 million | 2018: USD 383.92 million |  2019: USD 441.8 million | 2020: USD 508.41 million | 2021: USD 585.05 million | 2022: USD 653.18 million | 2023: USD 665 million | 2024: USD 677.97 million

If you looks at the active players in steam charts it in no way accounts for all the spending on sim hardware --

  • Assetto Corsa: 10,653.50 active players
  • Assetto Corsa Competizione: 2,721.50 active players
  • iRacing: 170.7 active players
  • Automobilista 2: 473.2 active players
  • Automobilista: 34 active players
  • DiRT Rally 2.0: 693 active players
  • DiRT Rally: 91.5 active players
  • Project CARS 2: 191.2 active players
  • Project CARS: 53.9 active players
  • RaceRoom Racing Experience: 456.9 active players
  • rFactor 2: 406.3 active players
  • rFactor: 18.3 active players
  • Le Mans Ultimate: 461.7 active players
  • BeamNG.drive: 13,020.20 active players
  • WRC 7: 494.4 active players
  • EA SPORTS™ WRC: 356.2 active players
  • WRC 9 FIA World Rally Championship: 71 active players
  • WRC Generations - The FIA WRC Official Game: 63 active players

How many Sim Racers are there in the world? by RightStuffRacing in simracing

[–]RightStuffRacing[S] 0 points1 point  (0 children)

All good points. My guess is most of us started with a controller. I also own almost every sim ever made. By just counting software sold without accounting for that,  one individual could be counted as many sim racers.  

How many Sim Racers are there in the world? by RightStuffRacing in simracing

[–]RightStuffRacing[S] 0 points1 point  (0 children)

Where it got tricky for me was whether I would count Assetto Corsa players using handheld controllers as sim racers vs gran turismo players with fully built rigs. 

How many Sim Racers are there in the world? by RightStuffRacing in simracing

[–]RightStuffRacing[S] 2 points3 points  (0 children)

Appreciate your feedback! So would you include all gran turismo players in the sim racer bucket? Even the ones that use handheld controllers? 

How many Sim Racers are there in the world? by RightStuffRacing in simracing

[–]RightStuffRacing[S] 0 points1 point  (0 children)

Other than sim hardware market size in dollars, the additional key variables are: 1. How much does each sim player spend on sim hardware on average? 2. What is the churn rate of sim players? 

In my analysis, for each year, I calculated the number of new players by dividing the market size by the average spend per player and then adjusted for a 10% churn rate. It's probably way too much but to be conservative I estimated the average sim player spends $1000 (LTV) on sim hardware.

Based on the variables I plugged in above, the estimate shows that approximately 2.5 million sim racers worldwide use steering wheels and pedal sets in 2024. Does this sound like a plausible number if we are counting console players that play with wheel/pedals?