BB -- Blackberry AWS -- Amazon Web Services IVY -- Intelligent Vehicles Yo. I don't actually know if this stands for anything QNX -- Quick-Unix perhaps? It's a Unix-like embedded microkernel RTOS (real-time operating system) EOY -- end of year PT -- price target SP -- stock price EV -- electric vehicle SoC -- System on a Chip IoT -- Internet of Things TL;DR: Blackberry ($BB) is almost daily announcing new partnerships and new clients for their software, including new deals with companies that are just now or just this year launching autonomous vehicles that run on QNX software. The big kahuna of all these deals is BB's recent partnership with Amazon to go 50/50 into BB's software IVY, a scalable cloud-connected software platform designed for intelligent vehicle data gathering and data sharing. With Amazon's Jeff Bezos stepping down, and Andy Jassy filling his shoes, who was the CEO of AWS, BB will have some very firm support behind Amazon's new CEO. BB and Amazon are having a webinar Feb. 23rd about their partnership and IVY, which should be a strong catalyst moving forward. IVY beta earnings are projected to begin impacting BB's Q3 or Q4 earnings beginning in November this year, with IVY fully being integrated around the 2023 timeframe. Through a lot of reading and analysis, I believe BB has a four-tiered business model dating back as far as 2013 when BB's CEO John Chen was hired to begin the massive BB turnaround process. Tier 1 was development of QNX and IVY, lasting from 2013 to today and onward, however, Tier 2 overlaps Tier 1. Tier 2 was customer acquisition, primarily distributing their secure software in QNX, SecuSuite, Spark, and AtHoc. They secured 37 automakers during this time, including 9 of the top 10 automakers, over 106 governments from around the world, including all of G7 governments and 18 of G20 governments, as well as 77% of Fortune 100 companies, including partnerships with Amazon, Microsoft, Google, Sony, XPENG, XPEV, NVIDIA, Intel, Qualcomm, Baidu, IBM, LG, Samsung, and others. Well if they have such an incredible market share, why are they so undervalued? The answer is that QNX was not the end-all-be-all product. It was the base that the rest would be built on. Particularly IVY, which is the real money-maker. Tier 3 is IVY beta, and Tier 4 is IVY distribution and subscription revenue streams. So why is IVY the big deal and not QNX? They are both big deals, but QNX was never designed to be the money-maker. They are charging a one-time fee per vehicle use. There is a bigger goal here, to secure their clients as their customers for the bigger product in IVY. They also need QNX is to be a secure system in order for IVY to be trustworthy and reliable. And it certainly is secure. QNX has ISO26262 certification, as well as US government clearance, NSA clearance, and CIA clearance. The US government uses QNX and Blackberry products. Just let that sink in. That should tell you something about its security. Anyways, IVY will be used in autonomous vehicle level 4 and level 5 communication (note that QNX is level 5 certified... it has a business moat just in its security level and clearance), as well as EV and gas vehicle data collecting and AI-powered data synthesis. See below for more details on IVY. Wrapping up this TL;DR, BB is going to do well this year as IVY unfolds, but will do even better in the next 2-5 years. I have a PT of 25 by EOY and a PT of 80 by 2023 EOY, and a PT of 160+ by 2025 EOY TL;DR: TL;DR: BB go up, but go slow for now because IVY revenue not here yet, but big fast later. Make big monies, BB is the future tech that Amazon, Microsoft, Google, etc will be building upon in the EV and IoT market
FAQs:
1) Why is Blackberry stock price going down? A: A few possible reasons. One, as of today the whole market is down. BB is connected to overall market swings as most companies are. Two, there may be some market manipulation by bearish financial institutions as there are a lot of calls expiring on 2/19. I would expect that BB SP to be volatile between $11 and $14 between now and then, and to move upwards after 2/19 and especially after 2/23 (Amazon + BB webinar). Three, there are bearish investors who still think BB is a phone company and don't understand the underworkings of BB's business strategy, their software, their patents, or their partners. Their revenue has been affected by coronavirus and has not been particularly phenomenal so far this year. 2) Should I invest now or later? A: First off, I'm not a financial advisor, these are just my opinions. Invest at your own risk. In my opinion, BB will see a large SP growth by EOY, anywhere from 50% to 150% growth by EOY. While revenue will likely not increase much this year, the partnership with Amazon and news regarding IVY will likely create new floors for their SP much higher than the current SP right now, at around the $12 SP 3) What's stopping competitors from building a similar product and hurting BB's business? A: There's a lot of reasons why BB has a huge moat right now. One, notice the partners that BB has with QNX. They've got all the big boys working them, aside from Apple and Tesla. Seeing as SpaceX runs on QNX, and seeing that Apple was trying to make a deal with Hyundai that did not go through, I think it is still possible that either Tesla or Apple or both companies could also make a deal with BB to use QNX as their OS system. BB worked to develop their QNX embedded microkernel OS for the last eight years or so. Anyone trying to step into the game now is far too late. Apple has the best chance of all companies, as it has its own OS and Apple knows security very well, but this still requires an entirely new system in order to work in the EV sector. Also, Apple announced recently that they would be developing their own EV, although they did not give much details beyond that statement. The likelihood that they are both working on the hardware and software side of this thing is slim given the large number of difficulties that come with certification as it relates to the cybersecurity software space. Regardless, I would suspect that either Apple or Tesla is the most likely to be competitors in this space, but neither company has successfully completed a certified OS system, particularly for the emerging sector of autonomous EVs. Tesla is currently building a Linux-based system that is having a lot of difficulty in passing certifications such as ISO26262, a struggle that has been ongoing for years now. They may achieve a product that passes these safety regulations and certifications, but the question remains whether this will be in time as the EV and autonomous market picks up speed, and whether competing companies would even be interested in using their product. In fact, any car company is unlikely to develop their own OS software because none of their competitors would be likely to use it. BB is the perfect business to license since it is not competing in the hardware sector for the EV market. This argument can also be used for Apple if they are also building an EV. 4) Why is BB's revenue so low if they have so many customers and partners? A: QNX has been licensed so far as a one-time purchase, per vehicle or IoT using their software. IVY will be a subscription-based software that also includes a one-time purchase. Thus, BB's revenue streams are somewhat unimpressive currently, but they are playing the long game. If my hypothesis is correct, it is John Chen's goal to lay low as software is developed and customer relationships are built. It's the same with the book market. It's the sequel that makes all the money, not the first book. QNX is just the first book of a series looking to hook in its customers with low costs before hitting 'em with the strong follow up in IVY. Additionally, in order to build a competitive business moat, it was to their advantage to not forewarn any competitors of their involvement and plans. Consider John Chen's work as a CEO in his last business Sybase. Chen worked as the CEO of Sybase for 10 years. For the first 7 years, the SP remained at around $10 a share. Three years later, the SP was at $100 a share. I suspect he is implementing a similar model with Blackberry. Chen joined Blackberry in 2013. BB stock actually dropped for most of the last 7 years, resting at a stock price of around $5. Now BB is at $12 a share. I would not be surprised if BB reaches $50 two years from now.
Blackberry Clients and Partners Automakers: Honda, Audi, Jeep, Mitsubishi, Ford, Hyundai, Volkswagen, Bentley, Lamboghini, Byton, Mini (cooper), Toyota, Subaru, Fiat Chrysler, Mazda, Nio, BMW, Porsche, Lexus, Kia, Land-Rover, Mercedes-Benz, Buick, Jaguar, Visteon, Skoda, Chevrolet, Nissan, Acura, Continental, General Motors, Baidu, Motional Other: Denso, Aptiv, Bosch, Panasonic, Harman, Bugatti, LG, Vodafone, Bell, Carahsoft, CACI, Telus, iSec, KPMG, Tableau, Qlik Major: Amazon, Google, Sony, XPENG, XPEV, Li Auto, NVIDIA, Canoo, Microsoft, Intel, Verizon, Qualcomm, IBM, LG, Samsung Major Investors: PRIMECAP, Hamblin Watsa, Ontario Teachers’ Pension, Vanguard, Harris Associates, ETF Managers Group, Wells Capital, Arrowstreet Capital, Kahn Brothers Advisors, Norges Bank Investment Governments: Albania, Andorra, Angola, Argentina, Australia, Austria, Bahrain, Belarus, Belgium, Benin, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Cameroon, Canada, Congo, Croatia, Czech Republic, DR Congo, Denmark, Egypt, Estonia, Finland, France, Gabon, Germany, Ghana, Gibraltar, Greece, Guadeloupe, Hong Kong, Hungary, Indonesia, Ireland, Italy, Japan, Kenya, Kuwait, Latvia, Lesotho, Liechtenstein, Lithuania, Luxembourg, Macau, Macedonia, Malawi, Malaysia, Mali, Malta, Marthinique, Mauritania, Mauritus, Mayotte, Mexico, Moldova, Monaco, Montenegro, Morocco, Mozambique, Namibia, Netherlands, Netherlands Antilles, New Zealand, Nigeria, Norway, Oman, Philippines, Poland, Portugal, Qatar, Romania, Russia, Réunion, Saint Barthélemy, Saint Martin, San Marino, Saudi Arabia, Senegal, Serbia, Singapore, Slovakia, Slovenia, South Africa, Spain, Swaziland, Sweden, Switzerland, Taiwan, Tanzania, Thailand, Togo, Turkey, USA, Uganda, Ukraine, United Arab Emirates, United Kingdom, Uruguay, Vatican City, Western Sahara, Zambia, Zimbabwe
Blackberry Current Revenues:
BlackBerry Revenues: How Does BlackBerry Make Money? -- Trefis This display the biggest bearish argument to BB. Until IVY begins producing new revenue streams, BB is likely to not exponentially increase revenue streams, but only sustain moderate YoY growth
Blackberry Analysis Regarding Infotainment and Google and Ford Deal:
see "Blackberry (BB) Stock News Analysis | What I need to say..." by Financial Live by LEYA on the forbidden video website The media recently picked out a story that left out a lot of pertinent information, making it seems that BB lost Ford as a client. This is not true. QNX is designed to be a SoC. This means that other operating systems, such as Linux or Android, can be easily added to QNX. It is in fact encouraged. The Ford and Google deal was simply announcing the Ford would be using Android as their infotainment system. I believe that BB was never intended to try and be the predominant entity for all software systems in EVs or IoTs, but the backbone that connects all together, and to protect all components in a secure system. Autonomous EVs and even regular EVs in general would not be possible without a secure system protecting the product, as is true with IoTs. This is also why things like US Fighter Jets run on... you guess it, QNX. Ford is still using QNX. It is simply also now using Android that is running on top of QNX more commentary on this: Analyzing Blackberry Bear Argument - Case No. 1: Ford Deal
Image This is an interesting one to be sure. Facebook was being evil, like the do, and were caught using a number of BB patents. They settled in February, and the day that the settlement was finalized, John Chen (BB CEO) tweeted reminding everyone that BB is used on the ISS https://twitter.com/JohnChen/status/1358853064153784321?s=20 Well, the connection and speculation here is that Blackberry is going to the moon, and that the settlement is rather significant. Someone else also dug out some information in Facebook's most recent 10-K, specifically a portion for a 'non-cancelable contractual commitment' of an amount of $7500 million dollars. That's 7.5 billion btw. We don't know how big the settlement is, but it is worth noting that BB's entire market cap is 7.5B. I highly doubt that a settlement would reach such lofty numbers, but it could be possible that FB settled for some initial amount of $1B or so, as well as $1B in reoccurring payments over several years. We won't know until March 15th actually, so stay tuned.
Blackberry New Partnerships
Within the last few weeks, Blackberry has announced a stronger partnership with Baidu (China's Google), as well as their involvement with Baidu choosing to use QNX for their autonomous vehicles that will be hitting the road, as early as this year and next. BB has also announced their involvement with Motional, a joint venture between Hyundai and Aptiv, which will use QNX for their autonomous vehicles. Motional will be partnering with Lyft to use autonomous vehicles to begin serving customers and will be deploying their vehicles in 2023. It was also announced that QNX will be working with AOSP (Android Open Source Project), as well as announcing yesterday that QNX Hypervisor 2.2 is now released, which is what allows Android and Linux to run on top of QNX. A sum-up of all the recent news on $BB
Rumor: Blackberry Buyout? Here's why that's not happening:
Just read this post. It's quite revealing: Great Day for BB despite stick dipping. TL;DR: Amazon could have easily bought BB. Why didn't they? Well, all the big players are interested in this EV and IoT emerging sector. This is the new wave of technology that will dominate the market. First we had the dot.com boom, then the cell-phone and smart-phone market, and now we have the autonomous EV and IoT market. If Amazon were to buy BB, they would have to submit a tender offer. This would be a red flag to all the big players that Amazon were trying to buy up the best security out there. It would be a bidding war that could result in a double-digit multi-billion dollar buyout. It was much more to their advantage to create a secret alliance with BB and establish a 50/50 partnership, whose contract includes exclusivity for their use of IVY. Ouch! That's gotta hurt. This is where the importance of QNX lies. BB will be able to pull the rug out from any company that chooses to use something other than IVY. No IVY, no QNX, no EV. It will be a package deal where IVY is the big money maker. All other companies will have to build from the ground up or be forced to license QNX and make their money off of other sectors, such as the infotainment sector, as Google has already begun to do with the Ford deal. When this deal happened, the other big boys wet their pants realizing they needed to get into this space, and fast. Microsoft partnered with Cruise/GM. Apple tried to partner with Hyundai, who was so flattered, they may have initially said yes or indicated so, before realizing that they were already partnered with BB, so it was a no-go. Not sure if that is fact or fiction, but it is an interesting proposal.
Blackberry IVY + AWS Partnership:
Alright, so what's the deal with IVY? Why is it going to be so profitable? Why is IVY the real money-maker, while QNX has been used as the customer-acquisition software tool? Check out this picture: Image For one, IVY is designed for real-time communication between EVs or other IoTs. Autonomous driving level 5 requires vehicles to communicate with one another. This is where IVY comes in. IVY connects the different software components of an EV (which presumably are running on QNX), as well as harvesting data on those systems. The data used can be distributed for a wide-variety of uses, including, but not limited to, automakers and suppliers, app developers, consumer services, smart cities, EV charging providers, insurance companies, and vehicle maintenance providers. All of these different sectors will be willing to pay subscriptions for these data services, as well as the automakers and IoT makers who will also be willing to pay subscriptions for IVY. For instance, IVY can help share information between vehicles that will allow for a car detecting ice roads in one area so that other cars using IVY can take a different route. This results in less crashes, which helps the automakers. Insurance companies can use data from all these different data points as well, allowing them an inside-view of their clients. The list of what is possible here is inexhaustible. As for price points, the subscription models for multiple outside companies wanting to use the data will be create huge revenue streams for BB. With Amazon as a 50/50 partner, and with their resources and strategic management, BB will be poised to be the foundation in security and data sharing for the entire EV, and somewhat of the IoT market (the IoT market has more competitors for sure) see "Is BlackBerry Stock Undervalued?" by Wealthy Mindset on the forbidden video website see "Roadmap to $180 a share (BlackBerry Stock)" by Wealthy Mindset on the forbidden video website
Revenue, revenue, revenue...
Blackberry is poised to be an industry leader in EV, government, and IoT security and data sharing with products such as QNX, IVY, Spark, and their other software products. Stock price will likely stay somewhat stunted until IVY revenue begins picking up. It is possible that more announcements and marketing related to IVY will make this growth more rapid. In my opinion, either way BB over the next 5 years will 10x. The question is whether you want to get in now at $12 / share or two years from now at $40 a share or something similar, assuming that either way this stock is going to push for that 100B market cap (it's currently at 7B). There will be bearish analysts that will continue to say that Blackberry is a worthless company until those IVY revenue streams begin to come in. It is also possible that a realistic competitor may emerge within the next three years, such as Tesla or Apple. But if Apple is seeking to create its own EV product, then both companies will have a hard time finding any way to license their software to any other company. It remains possible that Apple and/or Tesla may strikes deals with BB as well in order to be able to produce autonomous vehicles and get a bite of that market share
Really, no competitors?
Well it's called a business moat for a reason. As we have recently seen, QNX is working with AOSP, and so clearly, they are not to be worried about. Tesla is not a true competitor as their OS product is not certified yet, and has demonstrated difficulty in doing so, and additionally, other automakers will not want to benefit their competitors by using their product. A third-party non-auto-maker will be much more desirable. Other companies such as VxWorks, have a lot of to prove both in security and certifications, as well as producing an OS product that is compatible with an emerging autonomous level 5 EV market. QNX's embedded microkernel RTOS is very much unique in this regard. This type of system allows for real-time processing and power distribution, while protecting the system from attacks. In an embedded microkernel system, if one part of the system is attacked, the whole system will not shut down, in layman's terms. This is essential for the security of any high-risk product that is built upon an underlying software that controls that different components of the system.
Conclusion:
All eyes are turned towards Blackberry right now. People want to know what this deal with Amazon will look like, how it will work, what they will focus on, (will Amazon also use this system for a fleet of delivery drones? hmmm), what the revenue streams will look like, what are their projections, what markets and sectors are they targeting, what are their future goals, what will Amazon be doing on their end, etc, etc. The Amazon + BB webinar may answer some of those questions, or maybe they won't. Time will tell (Feb. 23rd, specifically -- here's a link to sign up and watch: Next-Gen Vehicle Architectures Unlock Unprecedented Opportunities for Automakers). Also look out for that FB settlement numbers on March 15th, and Q4 earnings March 31st. I don't expect Q4 earnings to be particularly interesting unless they include the FB settlement numbers. Could those numbers instead be put into Q1 earnings for 2021? Possibly. Initially IVY beta is expected to begin being released late this year. I will also be looking forward to see how Apple and Tesla respond in the coming months. Ultimately, BB is a long-term play, but is poised to dominate this emerging industry with the partnerships and security focused software they have secretly been building. Now if only the could do something about their logo, some rebranding would be nice... This is not financial advice, just my own opinions. I am not a financial advisor nor a professional. I own 14k shares in Blackberry, as well as options (10x 8/17/21 20c BB). Do your own DD and fact check me as well
BB -- Blackberry AWS -- Amazon Web Services IVY -- Intelligent Vehicles Yo. I don't actually know if this stands for anything QNX -- Quick-Unix perhaps? It's a Unix-like embedded microkernel RTOS (real-time operating system) EOY -- end of year PT -- price target SP -- stock price EV -- electric vehicle SoC -- System on a Chip IoT -- Internet of Things TL;DR: Blackberry ($BB) is almost daily announcing new partnerships and new clients for their software, including new deals with companies that are just now or just this year launching autonomous vehicles that run on QNX software. The big kahuna of all these deals is BB's recent partnership with Amazon to go 50/50 into BB's software IVY, a scalable cloud-connected software platform designed for intelligent vehicle data gathering and data sharing. With Amazon's Jeff Bezos stepping down, and Andy Jassy filling his shoes, who was the CEO of AWS, BB will have some very firm support behind Amazon's new CEO. BB and Amazon are having a webinar Feb. 23rd about their partnership and IVY, which should be a strong catalyst moving forward. IVY beta earnings are projected to begin impacting BB's Q3 or Q4 earnings beginning in November this year, with IVY fully being integrated around the 2023 timeframe. Through a lot of reading and analysis, I believe BB has a four-tiered business model dating back as far as 2013 when BB's CEO John Chen was hired to begin the massive BB turnaround process. Tier 1 was development of QNX and IVY, lasting from 2013 to today and onward, however, Tier 2 overlaps Tier 1. Tier 2 was customer acquisition, primarily distributing their secure software in QNX, SecuSuite, Spark, and AtHoc. They secured 37 automakers during this time, including 9 of the top 10 automakers, over 106 governments from around the world, including all of G7 governments and 18 of G20 governments, as well as 77% of Fortune 100 companies, including partnerships with Amazon, Microsoft, Google, Sony, XPENG, XPEV, NVIDIA, Intel, Qualcomm, Baidu, IBM, LG, Samsung, and others. Well if they have such an incredible market share, why are they so undervalued? The answer is that QNX was not the end-all-be-all product. It was the base that the rest would be built on. Particularly IVY, which is the real money-maker. Tier 3 is IVY beta, and Tier 4 is IVY distribution and subscription revenue streams. So why is IVY the big deal and not QNX? They are both big deals, but QNX was never designed to be the money-maker. They are charging a one-time fee per vehicle use. There is a bigger goal here, to secure their clients as their customers for the bigger product in IVY. They also need QNX is to be a secure system in order for IVY to be trustworthy and reliable. And it certainly is secure. QNX has ISO26262 certification, as well as US government clearance, NSA clearance, and CIA clearance. The US government uses QNX and Blackberry products. Just let that sink in. That should tell you something about its security. Anyways, IVY will be used in autonomous vehicle level 4 and level 5 communication (note that QNX is level 5 certified... it has a business moat just in its security level and clearance), as well as EV and gas vehicle data collecting and AI-powered data synthesis. See below for more details on IVY. Wrapping up this TL;DR, BB is going to do well this year as IVY unfolds, but will do even better in the next 2-5 years. I have a PT of 25 by EOY and a PT of 80 by 2023 EOY, and a PT of 160+ by 2025 EOY TL;DR: TL;DR: BB go up, but go slow for now because IVY revenue not here yet, but big fast later. Make big monies, BB is the future tech that Amazon, Microsoft, Google, etc will be building upon in the EV and IoT market
FAQs:
1) Why is Blackberry stock price going down? A: A few possible reasons. One, as of today the whole market is down. BB is connected to overall market swings as most companies are. Two, there may be some market manipulation by bearish financial institutions as there are a lot of calls expiring on 2/19. I would expect that BB SP to be volatile between $11 and $14 between now and then, and to move upwards after 2/19 and especially after 2/23 (Amazon + BB webinar). Three, there are bearish investors who still think BB is a phone company and don't understand the underworkings of BB's business strategy, their software, their patents, or their partners. Their revenue has been affected by coronavirus and has not been particularly phenomenal so far this year. 2) Should I invest now or later? A: First off, I'm not a financial advisor, these are just my opinions. Invest at your own risk. In my opinion, BB will see a large SP growth by EOY, anywhere from 50% to 150% growth by EOY. While revenue will likely not increase much this year, the partnership with Amazon and news regarding IVY will likely create new floors for their SP much higher than the current SP right now, at around the $12 SP 3) What's stopping competitors from building a similar product and hurting BB's business? A: There's a lot of reasons why BB has a huge moat right now. One, notice the partners that BB has with QNX. They've got all the big boys working them, aside from Apple and Tesla. Seeing as SpaceX runs on QNX, and seeing that Apple was trying to make a deal with Hyundai that did not go through, I think it is still possible that either Tesla or Apple or both companies could also make a deal with BB to use QNX as their OS system. BB worked to develop their QNX embedded microkernel OS for the last eight years or so. Anyone trying to step into the game now is far too late. Apple has the best chance of all companies, as it has its own OS and Apple knows security very well, but this still requires an entirely new system in order to work in the EV sector. Also, Apple announced recently that they would be developing their own EV, although they did not give much details beyond that statement. The likelihood that they are both working on the hardware and software side of this thing is slim given the large number of difficulties that come with certification as it relates to the cybersecurity software space. Regardless, I would suspect that either Apple or Tesla is the most likely to be competitors in this space, but neither company has successfully completed a certified OS system, particularly for the emerging sector of autonomous EVs. Tesla is currently building a Linux-based system that is having a lot of difficulty in passing certifications such as ISO26262, a struggle that has been ongoing for years now. They may achieve a product that passes these safety regulations and certifications, but the question remains whether this will be in time as the EV and autonomous market picks up speed, and whether competing companies would even be interested in using their product. In fact, any car company is unlikely to develop their own OS software because none of their competitors would be likely to use it. BB is the perfect business to license since it is not competing in the hardware sector for the EV market. This argument can also be used for Apple if they are also building an EV. 4) Why is BB's revenue so low if they have so many customers and partners? A: QNX has been licensed so far as a one-time purchase, per vehicle or IoT using their software. IVY will be a subscription-based software that also includes a one-time purchase. Thus, BB's revenue streams are somewhat unimpressive currently, but they are playing the long game. If my hypothesis is correct, it is John Chen's goal to lay low as software is developed and customer relationships are built. It's the same with the book market. It's the sequel that makes all the money, not the first book. QNX is just the first book of a series looking to hook in its customers with low costs before hitting 'em with the strong follow up in IVY. Additionally, in order to build a competitive business moat, it was to their advantage to not forewarn any competitors of their involvement and plans. Consider John Chen's work as a CEO in his last business Sybase. Chen worked as the CEO of Sybase for 10 years. For the first 7 years, the SP remained at around $10 a share. Three years later, the SP was at $100 a share. I suspect he is implementing a similar model with Blackberry. Chen joined Blackberry in 2013. BB stock actually dropped for most of the last 7 years, resting at a stock price of around $5. Now BB is at $12 a share. I would not be surprised if BB reaches $50 two years from now.
Blackberry Clients and Partners Automakers: Honda, Audi, Jeep, Mitsubishi, Ford, Hyundai, Volkswagen, Bentley, Lamboghini, Byton, Mini (cooper), Toyota, Subaru, Fiat Chrysler, Mazda, Nio, BMW, Porsche, Lexus, Kia, Land-Rover, Mercedes-Benz, Buick, Jaguar, Visteon, Skoda, Chevrolet, Nissan, Acura, Continental, General Motors, Baidu, Motional Other: Denso, Aptiv, Bosch, Panasonic, Harman, Bugatti, LG, Vodafone, Bell, Carahsoft, CACI, Telus, iSec, KPMG, Tableau, Qlik Major: Amazon, Google, Sony, XPENG, XPEV, Li Auto, NVIDIA, Canoo, Microsoft, Intel, Verizon, Qualcomm, IBM, LG, Samsung Major Investors: PRIMECAP, Hamblin Watsa, Ontario Teachers’ Pension, Vanguard, Harris Associates, ETF Managers Group, Wells Capital, Arrowstreet Capital, Kahn Brothers Advisors, Norges Bank Investment Governments: Albania, Andorra, Angola, Argentina, Australia, Austria, Bahrain, Belarus, Belgium, Benin, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Cameroon, Canada, Congo, Croatia, Czech Republic, DR Congo, Denmark, Egypt, Estonia, Finland, France, Gabon, Germany, Ghana, Gibraltar, Greece, Guadeloupe, Hong Kong, Hungary, Indonesia, Ireland, Italy, Japan, Kenya, Kuwait, Latvia, Lesotho, Liechtenstein, Lithuania, Luxembourg, Macau, Macedonia, Malawi, Malaysia, Mali, Malta, Marthinique, Mauritania, Mauritus, Mayotte, Mexico, Moldova, Monaco, Montenegro, Morocco, Mozambique, Namibia, Netherlands, Netherlands Antilles, New Zealand, Nigeria, Norway, Oman, Philippines, Poland, Portugal, Qatar, Romania, Russia, Réunion, Saint Barthélemy, Saint Martin, San Marino, Saudi Arabia, Senegal, Serbia, Singapore, Slovakia, Slovenia, South Africa, Spain, Swaziland, Sweden, Switzerland, Taiwan, Tanzania, Thailand, Togo, Turkey, USA, Uganda, Ukraine, United Arab Emirates, United Kingdom, Uruguay, Vatican City, Western Sahara, Zambia, Zimbabwe
Blackberry Current Revenues:
BlackBerry Revenues: How Does BlackBerry Make Money? -- Trefis This display the biggest bearish argument to BB. Until IVY begins producing new revenue streams, BB is likely to not exponentially increase revenue streams, but only sustain moderate YoY growth
Blackberry Analysis Regarding Infotainment and Google and Ford Deal:
https://www.youtube.com/watch?v=sIrjrNYR3Lw The media recently picked out a story that left out a lot of pertinent information, making it seems that BB lost Ford as a client. This is not true. QNX is designed to be a SoC. This means that other operating systems, such as Linux or Android, can be easily added to QNX. It is in fact encouraged. The Ford and Google deal was simply announcing the Ford would be using Android as their infotainment system. I believe that BB was never intended to try and be the predominant entity for all software systems in EVs or IoTs, but the backbone that connects all together, and to protect all components in a secure system. Autonomous EVs and even regular EVs in general would not be possible without a secure system protecting the product, as is true with IoTs. This is also why things like US Fighter Jets run on... you guess it, QNX. Ford is still using QNX. It is simply also now using Android that is running on top of QNX more commentary on this: Analyzing Blackberry Bear Argument - Case No. 1: Ford Deal
Image This is an interesting one to be sure. Facebook was being evil, like the do, and were caught using a number of BB patents. They settled in February, and the day that the settlement was finalized, John Chen (BB CEO) tweeted reminding everyone that BB is used on the ISS https://twitter.com/JohnChen/status/1358853064153784321?s=20 Well, the connection and speculation here is that Blackberry is going to the moon, and that the settlement is rather significant. Someone else also dug out some information in Facebook's most recent 10-K, specifically a portion for a 'non-cancelable contractual commitment' of an amount of $7500 million dollars. That's 7.5 billion btw. We don't know how big the settlement is, but it is worth noting that BB's entire market cap is 7.5B. I highly doubt that a settlement would reach such lofty numbers, but it could be possible that FB settled for some initial amount of $1B or so, as well as $1B in reoccurring payments over several years. We won't know until March 15th actually, so stay tuned.
Blackberry New Partnerships
Within the last few weeks, Blackberry has announced a stronger partnership with Baidu (China's Google), as well as their involvement with Baidu choosing to use QNX for their autonomous vehicles that will be hitting the road, as early as this year and next. BB has also announced their involvement with Motional, a joint venture between Hyundai and Aptiv, which will use QNX for their autonomous vehicles. Motional will be partnering with Lyft to use autonomous vehicles to begin serving customers and will be deploying their vehicles in 2023. It was also announced that QNX will be working with AOSP (Android Open Source Project), as well as announcing yesterday that QNX Hypervisor 2.2 is now released, which is what allows Android and Linux to run on top of QNX. A sum-up of all the recent news on $BB
Rumor: Blackberry Buyout? Here's why that's not happening:
Just read this post. It's quite revealing: Great Day for BB despite stick dipping. TL;DR: Amazon could have easily bought BB. Why didn't they? Well, all the big players are interested in this EV and IoT emerging sector. This is the new wave of technology that will dominate the market. First we had the dot.com boom, then the cell-phone and smart-phone market, and now we have the autonomous EV and IoT market. If Amazon were to buy BB, they would have to submit a tender offer. This would be a red flag to all the big players that Amazon were trying to buy up the best security out there. It would be a bidding war that could result in a double-digit multi-billion dollar buyout. It was much more to their advantage to create a secret alliance with BB and establish a 50/50 partnership, whose contract includes exclusivity for their use of IVY. Ouch! That's gotta hurt. This is where the importance of QNX lies. BB will be able to pull the rug out from any company that chooses to use something other than IVY. No IVY, no QNX, no EV. It will be a package deal where IVY is the big money maker. All other companies will have to build from the ground up or be forced to license QNX and make their money off of other sectors, such as the infotainment sector, as Google has already begun to do with the Ford deal. When this deal happened, the other big boys wet their pants realizing they needed to get into this space, and fast. Microsoft partnered with Cruise/GM. Apple tried to partner with Hyundai, who was so flattered, they may have initially said yes or indicated so, before realizing that they were already partnered with BB, so it was a no-go. Not sure if that is fact or fiction, but it is an interesting proposal.
Blackberry IVY + AWS Partnership:
Alright, so what's the deal with IVY? Why is it going to be so profitable? Why is IVY the real money-maker, while QNX has been used as the customer-acquisition software tool? Check out this picture: Image For one, IVY is designed for real-time communication between EVs or other IoTs. Autonomous driving level 5 requires vehicles to communicate with one another. This is where IVY comes in. IVY connects the different software components of an EV (which presumably are running on QNX), as well as harvesting data on those systems. The data used can be distributed for a wide-variety of uses, including, but not limited to, automakers and suppliers, app developers, consumer services, smart cities, EV charging providers, insurance companies, and vehicle maintenance providers. All of these different sectors will be willing to pay subscriptions for these data services, as well as the automakers and IoT makers who will also be willing to pay subscriptions for IVY. For instance, IVY can help share information between vehicles that will allow for a car detecting ice roads in one area so that other cars using IVY can take a different route. This results in less crashes, which helps the automakers. Insurance companies can use data from all these different data points as well, allowing them an inside-view of their clients. The list of what is possible here is inexhaustible. As for price points, the subscription models for multiple outside companies wanting to use the data will be create huge revenue streams for BB. With Amazon as a 50/50 partner, and with their resources and strategic management, BB will be poised to be the foundation in security and data sharing for the entire EV, and somewhat of the IoT market (the IoT market has more competitors for sure) Analysis on IVY Analysis on PTs
Revenue, revenue, revenue...
Blackberry is poised to be an industry leader in EV, government, and IoT security and data sharing with products such as QNX, IVY, Spark, and their other software products. Stock price will likely stay somewhat stunted until IVY revenue begins picking up. It is possible that more announcements and marketing related to IVY will make this growth more rapid. In my opinion, either way BB over the next 5 years will 10x. The question is whether you want to get in now at $12 / share or two years from now at $40 a share or something similar, assuming that either way this stock is going to push for that 100B market cap (it's currently at 7B). There will be bearish analysts that will continue to say that Blackberry is a worthless company until those IVY revenue streams begin to come in. It is also possible that a realistic competitor may emerge within the next three years, such as Tesla or Apple. But if Apple is seeking to create its own EV product, then both companies will have a hard time finding any way to license their software to any other company. It remains possible that Apple and/or Tesla may strikes deals with BB as well in order to be able to produce autonomous vehicles and get a bite of that market share
Really, no competitors?
Well it's called a business moat for a reason. As we have recently seen, QNX is working with AOSP, and so clearly, they are not to be worried about. Tesla is not a true competitor as their OS product is not certified yet, and has demonstrated difficulty in doing so, and additionally, other automakers will not want to benefit their competitors by using their product. A third-party non-auto-maker will be much more desirable. Other companies such as VxWorks, have a lot of to prove both in security and certifications, as well as producing an OS product that is compatible with an emerging autonomous level 5 EV market. QNX's embedded microkernel RTOS is very much unique in this regard. This type of system allows for real-time processing and power distribution, while protecting the system from attacks. In an embedded microkernel system, if one part of the system is attacked, the whole system will not shut down, in layman's terms. This is essential for the security of any high-risk product that is built upon an underlying software that controls that different components of the system.
Conclusion:
All eyes are turned towards Blackberry right now. People want to know what this deal with Amazon will look like, how it will work, what they will focus on, (will Amazon also use this system for a fleet of delivery drones? hmmm), what the revenue streams will look like, what are their projections, what markets and sectors are they targeting, what are their future goals, what will Amazon be doing on their end, etc, etc. The Amazon + BB webinar may answer some of those questions, or maybe they won't. Time will tell (Feb. 23rd, specifically -- here's a link to sign up and watch: Next-Gen Vehicle Architectures Unlock Unprecedented Opportunities for Automakers). Also look out for that FB settlement numbers on March 15th, and Q4 earnings March 31st. I don't expect Q4 earnings to be particularly interesting unless they include the FB settlement numbers. Could those numbers instead be put into Q1 earnings for 2021? Possibly. Initially IVY beta is expected to begin being released late this year. I will also be looking forward to see how Apple and Tesla respond in the coming months. Ultimately, BB is a long-term play, but is poised to dominate this emerging industry with the partnerships and security focused software they have secretly been building. Now if only the could do something about their logo, some rebranding would be nice... This is not financial advice, just my own opinions. I am not a financial advisor nor a professional. I own 14k shares in Blackberry, as well as options (10x 8/17/21 20c BB). Do your own DD and fact check me as well
BB -- Blackberry AWS -- Amazon Web Services IVY -- Intelligent Vehicles Yo. I don't actually know if this stands for anything QNX -- Quick-Unix perhaps? It's a Unix-like embedded microkernel RTOS (real-time operating system) EOY -- end of year PT -- price target SP -- stock price EV -- electric vehicle SoC -- System on a Chip IoT -- Internet of Things TL;DR: Blackberry ($BB) is almost daily announcing new partnerships and new clients for their software, including new deals with companies that are just now or just this year launching autonomous vehicles that run on QNX software. The big kahuna of all these deals is BB's recent partnership with Amazon to go 50/50 into BB's software IVY, a scalable cloud-connected software platform designed for intelligent vehicle data gathering and data sharing. With Amazon's Jeff Bezos stepping down, and Andy Jassy filling his shoes, who was the CEO of AWS, BB will have some very firm support behind Amazon's new CEO. BB and Amazon are having a webinar Feb. 23rd about their partnership and IVY, which should be a strong catalyst moving forward. IVY beta earnings are projected to begin impacting BB's Q3 or Q4 earnings beginning in November this year, with IVY fully being integrated around the 2023 timeframe. Through a lot of reading and analysis, I believe BB has a four-tiered business model dating back as far as 2013 when BB's CEO John Chen was hired to begin the massive BB turnaround process. Tier 1 was development of QNX and IVY, lasting from 2013 to today and onward, however, Tier 2 overlaps Tier 1. Tier 2 was customer acquisition, primarily distributing their secure software in QNX, SecuSuite, Spark, and AtHoc. They secured 37 automakers during this time, including 9 of the top 10 automakers, over 106 governments from around the world, including all of G7 governments and 18 of G20 governments, as well as 77% of Fortune 100 companies, including partnerships with Amazon, Microsoft, Google, Sony, XPENG, XPEV, NVIDIA, Intel, Qualcomm, Baidu, IBM, LG, Samsung, and others. Well if they have such an incredible market share, why are they so undervalued? The answer is that QNX was not the end-all-be-all product. It was the base that the rest would be built on. Particularly IVY, which is the real money-maker. Tier 3 is IVY beta, and Tier 4 is IVY distribution and subscription revenue streams. So why is IVY the big deal and not QNX? They are both big deals, but QNX was never designed to be the money-maker. They are charging a one-time fee per vehicle use. There is a bigger goal here, to secure their clients as their customers for the bigger product in IVY. They also need QNX is to be a secure system in order for IVY to be trustworthy and reliable. And it certainly is secure. QNX has ISO26262 certification, as well as US government clearance, NSA clearance, and CIA clearance. The US government uses QNX and Blackberry products. Just let that sink in. That should tell you something about its security. Anyways, IVY will be used in autonomous vehicle level 4 and level 5 communication (note that QNX is level 5 certified... it has a business moat just in its security level and clearance), as well as EV and gas vehicle data collecting and AI-powered data synthesis. See below for more details on IVY. Wrapping up this TL;DR, BB is going to do well this year as IVY unfolds, but will do even better in the next 2-5 years. I have a PT of 25 by EOY and a PT of 80 by 2023 EOY, and a PT of 160+ by 2025 EOY TL;DR: TL;DR: BB go up, but go slow for now because IVY revenue not here yet, but big fast later. Make big monies, BB is the future tech that Amazon, Microsoft, Google, etc will be building upon in the EV and IoT market
FAQs:
1) Why is Blackberry stock price going down? A: A few possible reasons. One, as of today the whole market is down. BB is connected to overall market swings as most companies are. Two, there may be some market manipulation by bearish financial institutions as there are a lot of calls expiring on 2/19. I would expect that BB SP to be volatile between $11 and $14 between now and then, and to move upwards after 2/19 and especially after 2/23 (Amazon + BB webinar). Three, there are bearish investors who still think BB is a phone company and don't understand the underworkings of BB's business strategy, their software, their patents, or their partners. Their revenue has been affected by coronavirus and has not been particularly phenomenal so far this year. 2) Should I invest now or later? A: First off, I'm not a financial advisor, these are just my opinions. Invest at your own risk. In my opinion, BB will see a large SP growth by EOY, anywhere from 50% to 150% growth by EOY. While revenue will likely not increase much this year, the partnership with Amazon and news regarding IVY will likely create new floors for their SP much higher than the current SP right now, at around the $12 SP 3) What's stopping competitors from building a similar product and hurting BB's business? A: There's a lot of reasons why BB has a huge moat right now. One, notice the partners that BB has with QNX. They've got all the big boys working them, aside from Apple and Tesla. Seeing as SpaceX runs on QNX, and seeing that Apple was trying to make a deal with Hyundai that did not go through, I think it is still possible that either Tesla or Apple or both companies could also make a deal with BB to use QNX as their OS system. BB worked to develop their QNX embedded microkernel OS for the last eight years or so. Anyone trying to step into the game now is far too late. Apple has the best chance of all companies, as it has its own OS and Apple knows security very well, but this still requires an entirely new system in order to work in the EV sector. Also, Apple announced recently that they would be developing their own EV, although they did not give much details beyond that statement. The likelihood that they are both working on the hardware and software side of this thing is slim given the large number of difficulties that come with certification as it relates to the cybersecurity software space. Regardless, I would suspect that either Apple or Tesla is the most likely to be competitors in this space, but neither company has successfully completed a certified OS system, particularly for the emerging sector of autonomous EVs. Tesla is currently building a Linux-based system that is having a lot of difficulty in passing certifications such as ISO26262, a struggle that has been ongoing for years now. They may achieve a product that passes these safety regulations and certifications, but the question remains whether this will be in time as the EV and autonomous market picks up speed, and whether competing companies would even be interested in using their product. In fact, any car company is unlikely to develop their own OS software because none of their competitors would be likely to use it. BB is the perfect business to license since it is not competing in the hardware sector for the EV market. This argument can also be used for Apple if they are also building an EV. 4) Why is BB's revenue so low if they have so many customers and partners? A: QNX has been licensed so far as a one-time purchase, per vehicle or IoT using their software. IVY will be a subscription-based software that also includes a one-time purchase. Thus, BB's revenue streams are somewhat unimpressive currently, but they are playing the long game. If my hypothesis is correct, it is John Chen's goal to lay low as software is developed and customer relationships are built. It's the same with the book market. It's the sequel that makes all the money, not the first book. QNX is just the first book of a series looking to hook in its customers with low costs before hitting 'em with the strong follow up in IVY. Additionally, in order to build a competitive business moat, it was to their advantage to not forewarn any competitors of their involvement and plans. Consider John Chen's work as a CEO in his last business Sybase. Chen worked as the CEO of Sybase for 10 years. For the first 7 years, the SP remained at around $10 a share. Three years later, the SP was at $100 a share. I suspect he is implementing a similar model with Blackberry. Chen joined Blackberry in 2013. BB stock actually dropped for most of the last 7 years, resting at a stock price of around $5. Now BB is at $12 a share. I would not be surprised if BB reaches $50 two years from now.
Blackberry Clients and Partners Automakers: Honda, Audi, Jeep, Mitsubishi, Ford, Hyundai, Volkswagen, Bentley, Lamboghini, Byton, Mini (cooper), Toyota, Subaru, Fiat Chrysler, Mazda, Nio, BMW, Porsche, Lexus, Kia, Land-Rover, Mercedes-Benz, Buick, Jaguar, Visteon, Skoda, Chevrolet, Nissan, Acura, Continental, General Motors, Baidu, Motional Other: Denso, Aptiv, Bosch, Panasonic, Harman, Bugatti, LG, Vodafone, Bell, Carahsoft, CACI, Telus, iSec, KPMG, Tableau, Qlik Major: Amazon, Google, Sony, XPENG, XPEV, Li Auto, NVIDIA, Canoo, Microsoft, Intel, Verizon, Qualcomm, IBM, LG, Samsung Major Investors: PRIMECAP, Hamblin Watsa, Ontario Teachers’ Pension, Vanguard, Harris Associates, ETF Managers Group, Wells Capital, Arrowstreet Capital, Kahn Brothers Advisors, Norges Bank Investment Governments: Albania, Andorra, Angola, Argentina, Australia, Austria, Bahrain, Belarus, Belgium, Benin, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Cameroon, Canada, Congo, Croatia, Czech Republic, DR Congo, Denmark, Egypt, Estonia, Finland, France, Gabon, Germany, Ghana, Gibraltar, Greece, Guadeloupe, Hong Kong, Hungary, Indonesia, Ireland, Italy, Japan, Kenya, Kuwait, Latvia, Lesotho, Liechtenstein, Lithuania, Luxembourg, Macau, Macedonia, Malawi, Malaysia, Mali, Malta, Marthinique, Mauritania, Mauritus, Mayotte, Mexico, Moldova, Monaco, Montenegro, Morocco, Mozambique, Namibia, Netherlands, Netherlands Antilles, New Zealand, Nigeria, Norway, Oman, Philippines, Poland, Portugal, Qatar, Romania, Russia, Réunion, Saint Barthélemy, Saint Martin, San Marino, Saudi Arabia, Senegal, Serbia, Singapore, Slovakia, Slovenia, South Africa, Spain, Swaziland, Sweden, Switzerland, Taiwan, Tanzania, Thailand, Togo, Turkey, USA, Uganda, Ukraine, United Arab Emirates, United Kingdom, Uruguay, Vatican City, Western Sahara, Zambia, Zimbabwe
Blackberry Current Revenues:
BlackBerry Revenues: How Does BlackBerry Make Money? -- Trefis This display the biggest bearish argument to BB. Until IVY begins producing new revenue streams, BB is likely to not exponentially increase revenue streams, but only sustain moderate YoY growth
Blackberry Analysis Regarding Infotainment and Google and Ford Deal:
see "Blackberry (BB) Stock News Analysis | What I need to say..." by Financial Live by LEYA on the forbidden video website The media recently picked out a story that left out a lot of pertinent information, making it seems that BB lost Ford as a client. This is not true. QNX is designed to be a SoC. This means that other operating systems, such as Linux or Android, can be easily added to QNX. It is in fact encouraged. The Ford and Google deal was simply announcing the Ford would be using Android as their infotainment system. I believe that BB was never intended to try and be the predominant entity for all software systems in EVs or IoTs, but the backbone that connects all together, and to protect all components in a secure system. Autonomous EVs and even regular EVs in general would not be possible without a secure system protecting the product, as is true with IoTs. This is also why things like US Fighter Jets run on... you guess it, QNX. Ford is still using QNX. It is simply also now using Android that is running on top of QNX more commentary on this: Analyzing Blackberry Bear Argument - Case No. 1: Ford Deal
Image This is an interesting one to be sure. Facebook was being evil, like the do, and were caught using a number of BB patents. They settled in February, and the day that the settlement was finalized, John Chen (BB CEO) tweeted reminding everyone that BB is used on the ISS https://twitter.com/JohnChen/status/1358853064153784321?s=20 Well, the connection and speculation here is that Blackberry is going to the moon, and that the settlement is rather significant. Someone else also dug out some information in Facebook's most recent 10-K, specifically a portion for a 'non-cancelable contractual commitment' of an amount of $7500 million dollars. That's 7.5 billion btw. We don't know how big the settlement is, but it is worth noting that BB's entire market cap is 7.5B. I highly doubt that a settlement would reach such lofty numbers, but it could be possible that FB settled for some initial amount of $1B or so, as well as $1B in reoccurring payments over several years. We won't know until March 15th actually, so stay tuned.
Blackberry New Partnerships
Within the last few weeks, Blackberry has announced a stronger partnership with Baidu (China's Google), as well as their involvement with Baidu choosing to use QNX for their autonomous vehicles that will be hitting the road, as early as this year and next. BB has also announced their involvement with Motional, a joint venture between Hyundai and Aptiv, which will use QNX for their autonomous vehicles. Motional will be partnering with Lyft to use autonomous vehicles to begin serving customers and will be deploying their vehicles in 2023. It was also announced that QNX will be working with AOSP (Android Open Source Project), as well as announcing yesterday that QNX Hypervisor 2.2 is now released, which is what allows Android and Linux to run on top of QNX. A sum-up of all the recent news on $BB
Rumor: Blackberry Buyout? Here's why that's not happening:
Just read this post. It's quite revealing: Great Day for BB despite stick dipping. TL;DR: Amazon could have easily bought BB. Why didn't they? Well, all the big players are interested in this EV and IoT emerging sector. This is the new wave of technology that will dominate the market. First we had the dot.com boom, then the cell-phone and smart-phone market, and now we have the autonomous EV and IoT market. If Amazon were to buy BB, they would have to submit a tender offer. This would be a red flag to all the big players that Amazon were trying to buy up the best security out there. It would be a bidding war that could result in a double-digit multi-billion dollar buyout. It was much more to their advantage to create a secret alliance with BB and establish a 50/50 partnership, whose contract includes exclusivity for their use of IVY. Ouch! That's gotta hurt. This is where the importance of QNX lies. BB will be able to pull the rug out from any company that chooses to use something other than IVY. No IVY, no QNX, no EV. It will be a package deal where IVY is the big money maker. All other companies will have to build from the ground up or be forced to license QNX and make their money off of other sectors, such as the infotainment sector, as Google has already begun to do with the Ford deal. When this deal happened, the other big boys wet their pants realizing they needed to get into this space, and fast. Microsoft partnered with Cruise/GM. Apple tried to partner with Hyundai, who was so flattered, they may have initially said yes or indicated so, before realizing that they were already partnered with BB, so it was a no-go. Not sure if that is fact or fiction, but it is an interesting proposal.
Blackberry IVY + AWS Partnership:
Alright, so what's the deal with IVY? Why is it going to be so profitable? Why is IVY the real money-maker, while QNX has been used as the customer-acquisition software tool? Check out this picture: Image For one, IVY is designed for real-time communication between EVs or other IoTs. Autonomous driving level 5 requires vehicles to communicate with one another. This is where IVY comes in. IVY connects the different software components of an EV (which presumably are running on QNX), as well as harvesting data on those systems. The data used can be distributed for a wide-variety of uses, including, but not limited to, automakers and suppliers, app developers, consumer services, smart cities, EV charging providers, insurance companies, and vehicle maintenance providers. All of these different sectors will be willing to pay subscriptions for these data services, as well as the automakers and IoT makers who will also be willing to pay subscriptions for IVY. For instance, IVY can help share information between vehicles that will allow for a car detecting ice roads in one area so that other cars using IVY can take a different route. This results in less crashes, which helps the automakers. Insurance companies can use data from all these different data points as well, allowing them an inside-view of their clients. The list of what is possible here is inexhaustible. As for price points, the subscription models for multiple outside companies wanting to use the data will be create huge revenue streams for BB. With Amazon as a 50/50 partner, and with their resources and strategic management, BB will be poised to be the foundation in security and data sharing for the entire EV, and somewhat of the IoT market (the IoT market has more competitors for sure) see "Is BlackBerry Stock Undervalued?" by Wealthy Mindset on the forbidden video website see "Roadmap to $180 a share (BlackBerry Stock)" by Wealthy Mindset on the forbidden video website
Revenue, revenue, revenue...
Blackberry is poised to be an industry leader in EV, government, and IoT security and data sharing with products such as QNX, IVY, Spark, and their other software products. Stock price will likely stay somewhat stunted until IVY revenue begins picking up. It is possible that more announcements and marketing related to IVY will make this growth more rapid. In my opinion, either way BB over the next 5 years will 10x. The question is whether you want to get in now at $12 / share or two years from now at $40 a share or something similar, assuming that either way this stock is going to push for that 100B market cap (it's currently at 7B). There will be bearish analysts that will continue to say that Blackberry is a worthless company until those IVY revenue streams begin to come in. It is also possible that a realistic competitor may emerge within the next three years, such as Tesla or Apple. But if Apple is seeking to create its own EV product, then both companies will have a hard time finding any way to license their software to any other company. It remains possible that Apple and/or Tesla may strikes deals with BB as well in order to be able to produce autonomous vehicles and get a bite of that market share
Really, no competitors?
Well it's called a business moat for a reason. As we have recently seen, QNX is working with AOSP, and so clearly, they are not to be worried about. Tesla is not a true competitor as their OS product is not certified yet, and has demonstrated difficulty in doing so, and additionally, other automakers will not want to benefit their competitors by using their product. A third-party non-auto-maker will be much more desirable. Other companies such as VxWorks, have a lot of to prove both in security and certifications, as well as producing an OS product that is compatible with an emerging autonomous level 5 EV market. QNX's embedded microkernel RTOS is very much unique in this regard. This type of system allows for real-time processing and power distribution, while protecting the system from attacks. In an embedded microkernel system, if one part of the system is attacked, the whole system will not shut down, in layman's terms. This is essential for the security of any high-risk product that is built upon an underlying software that controls that different components of the system.
Conclusion:
All eyes are turned towards Blackberry right now. People want to know what this deal with Amazon will look like, how it will work, what they will focus on, (will Amazon also use this system for a fleet of delivery drones? hmmm), what the revenue streams will look like, what are their projections, what markets and sectors are they targeting, what are their future goals, what will Amazon be doing on their end, etc, etc. The Amazon + BB webinar may answer some of those questions, or maybe they won't. Time will tell (Feb. 23rd, specifically -- here's a link to sign up and watch: Next-Gen Vehicle Architectures Unlock Unprecedented Opportunities for Automakers). Also look out for that FB settlement numbers on March 15th, and Q4 earnings March 31st. I don't expect Q4 earnings to be particularly interesting unless they include the FB settlement numbers. Could those numbers instead be put into Q1 earnings for 2021? Possibly. Initially IVY beta is expected to begin being released late this year. I will also be looking forward to see how Apple and Tesla respond in the coming months. Ultimately, BB is a long-term play, but is poised to dominate this emerging industry with the partnerships and security focused software they have secretly been building. Now if only the could do something about their logo, some rebranding would be nice... This is not financial advice, just my own opinions. I am not a financial advisor nor a professional. I own 14k shares in Blackberry, as well as options (10x 8/17/21 20c BB). Do your own DD and fact check me as well
Tom Clancy’s Ghost Recon Breakpoint – Patch Notes Title Update 3.1.0
Note: One fix has been added the patch notes listed below. You can see that change at the end of this post. Ghosts, Our latest patch for Tom Clancy’s Ghost Recon® Breakpoint, Title Update 3.1.0, will be deployed on January 19 at 9:00 AM UTC across all platforms. In addition to the information listed below, please note that our Known Issues list has also been updated. Thank you for taking the time to share your opinions with us as we continue to improve the game. DOWNLOAD SIZEPlease note: Whether you purchased a digital or a physical edition of the game, you will need to download the patch before playing. The size of the patch depends on your platform, region, and preferred language.
PC: 20 GB
Xbox Series X|S / Xbox One: 20 GB
PlayStation®5 system / PlayStation®4 system: 20 GB
NEW FEATURESLIVE EVENT 3: OPERATION AMBER SKY As we head into 2021, we are thrilled to be releasing our third Live Event. Similar to our previous Live Events, Operation Amber Sky will bring new limited-time content starting on January 21 and will end on February 1. The event will bring out nine new missions:
Breach missions
Spy missions
Steal missions
For all the details on Live Event 3, check our mission briefing here. NEW GAMEPLAY ELEMENTSIntroduction of five toxic gas areas and seven new breach locations that will offer new player approach.
Gas Mask Feature: While in a lethal gas zone, players will have a limited time before their filters degrade. Players will have to gather filter charges or head to a recharging station so that they can survive in the gas.
Breaching: Players will breach into these new buildings by placing explosive charges on the access doors. Enemy AI will be in alert state and hold their positions to defend the building.
Three new AI Teammates from Tom Clancy’s Rainbow Six® Siege with unique behaviours:
Thatcher: Special Skill: Will use his EMP grenade to sabotage any active ground drone, turret, or mortar.
Ash: Special Skill: Will use her grenade launcher to explode explosive barrels or populated vehicles.
Finka: Special Skill: Will be able to heal or even revive players when their health reaches a dangerous amount, providing a health and weapon stability buff for a short period of time.
NEW REWARDS FEATURING TOM CLANCY’S RAINBOW SIX SIEGEThese rewards are time-limited exclusives and will be made available at Maria’s shop two weeks after the Live Event ends.
Figures:
Ash
Finka
Thatcher
Weapons:
4-AC
Bailiff 410
G2
K1A
L85A2
M509A1
OTS-03
Weapon attachment:
Underbarrel Shotgun
WORLD MODIFIERS
Event Parameters: Gas presence toggle after live event ends.
GUNSMITH IMPROVEMENTS AND NEW ATTACHMENT OPTIONS
Added collapsed/extended stock positions selection to various weapons
Echelon SMG
MPX Factory
MP5
Honey Badger
MP7
ARX200
Uzi
MK14 Factory
G28 Factory
MK14 and MK14 ASU
Added barrels customization.
Integration of UGS (Universal Grip System).
Added picatinny rail on Factory Handguard.
Fixed issue on Muzzles selection on ASU variation: now two silencers are available (7.62 generic + 7.62 mini socom).
Added stock selection to the Assault variation.
Koblin
Handguard retakes.
Modified barrel gas block to low profile.
Uzi
Added picatinny rail for under barrel selection.
G28 SCT
Added UGS (Universal Grip System).
Added stocks.
G28
Added UGS (Universal Grip System).
Added short barrel.
SASG12
Added short barrel.
Added MAWL.
Vector “shorty”
Added GL M203 under barrel to the attachment list.
Added AR15 stock selection.
UMP45 CQC
Added Range Finder.
Added Extended mag on handguns:
M1911
P227
P12
P320
M9
5.7 USG
P45T
Fixed bolt carrier not linked to charging Handle on various receivers.
Added extra muzzles to Honey Badger.
CHARACTER AND CUSTOMISATION NEW ITEMS IN MARIA’S SHOP (SKELL CREDITS)
Head Protection
Flat cap
Shoes
UA Micro G Pursuit Twist
Eyewear
Oakley Jawbreaker
Attachments
HDG Extended Magazine
Pants
First Spear Centurion Shorts
Vest
Safariland V1 Overt Carrier
LHT Variation
Road CM | Fusion
Road CM | Metrik
New Rectangular Flag Patches
Gear Patch:
European Flag 2
Finland Flag 2
Norway Flag 2
United Nations Flag 2
France Flag 2
Poland Flag 2
Algeria Flag 2
Germany Flag 2
Portugal Flag 2
Australia Flag 2
Hungary Flag 2
Romania Flag 2
Belgium Flag 2
Ireland Flag 2
Russia Flag 2
Bolivia Flag 2
Italy Flag 2
Spain Flag 2
Canada Flag 2
Japan Flag 2
Sweden Flag 2
China Flag 2
Mexico Flag 2
Tunisia Flag 2
Czech Republic Flag 2
Morocco Flag 2
United Kingdom Flag 2
Denmark Flag 2
New Zealand Flag 2
United States Flag 2
Live Event 1 Items – Terminator
Eyewear:
Terminator Sunglasses
Sarah Connor Sunglasses
Facial Paint:
Tire Track
T-800
Gear Patch:
T-800
Gloves:
Punk Gloves
Haircuts:
Punk Haircut
Head Protection:
Resistance Helmet
Pants:
Punk Pants
Tattoo:
Robot Arm (left)
Robot Arm (right)
Top:
Resistance Vest
Punk Jacket
Emblem:
Skynet
T-800
HVY Variation:
Starfield X4 Mk. II | Terminator
RT-5 Shepherd Mk. II | Terminator
LHT Variation:
Trail TX | Terminator
Live Event 2 Items – Resistance
Alternative Silencer:
Prism Silencer
Face wear:
3E Eclipse Balaclava Helmet
Facial paint:
Tiger
Top:
Armored Sport-Zipped Sweater
Rainstorm Coat
Gloves:
Armored Soft Gloves
Energy Strike Gloves
Head Protection:
Rebel Ballistic Mask
Pants:
Armored Heat-Regulating Tactical Pants
Thigh Pads Pants
Shoes:
Classic Sneakers
Vest:
Armored Dual-Harness Vest
Coyote Plate Carrier
Unique Weapons:
Paladin 9 SNR | Survival
PvP Rewards Items
Eyewear:
Aviators
Goggles ACH
Facial Paint:
Camo Finger Paint 2
Camo Finger Paint 4
Camo Finger Paint 8
Camo Finger Paint 9
Facemask:
Skull Ballistic Mask
Gear Camo:
A-TACS AU-X
A-TACS FG-X
A-TACS Ghost
A-TACS LE
A-TACS LE-X
Gear Patch:
Powered by Coffee
Smiley
Space Brigade
Tactical Kitten
Tactical Viking
Headset:
TCI Liberator Headset
Tattoo:
Blackwork
Commando
Top:
Helikon CPU
Helikon Tex Grid
Lumberjack Shirt 1
Sentinel Armored Shirt
Weapon Camo:
Red Crystal
Scale
Purple Hex
Virus
Blue Tiger
Cells
Checkers
Dark Ops
Leopard
Magma
Neuromod
Technologic
Weapon:
SVD-63 | Patchwork
Attachment:
Hive Silencer
NEW ITEMS IN STORE (GHOST COINS)
Unique Weapon:
4-AC | Brown
Tom Clancy’s Rainbow Six Siege Figures:
Hibana
Jager
Mozzie
Thermite
Twitch
Zofia
Ultimate Edition Items:
CQC:
Ultralight TBE | Primal
Head Protection:
Survivor Bandana
Pants:
Survivor Pants
Vests:
A.L.I.C.E. Chest Rig
Unique Weapons:
M1911 | Promise
PATCH NOTES AI Teammates
Fixed an issue where AI teammates wouldn't be affected by weather effects.
Fixed an issue where the Fury AI teammate model would distort when going prone.
Tweaked AI teammates response to player orders.
Improved AI teammates behaviour inside buildings.
Audio
Fixed an issue where enemies would refer to a female character as male.
Customisation
Fixed an issue where an extra pouch would appear on Hill's Vest from a distance.
Fixed the Sniper balaclava when equipped with Fixit face.
Fixed an issue where the Bodark camouflage couldn't be applied to the Tactical Dry Top.
Fixed an issue where the Koblin Stock couldn't be customized with paint.
Fixed an issue where players could not equip the revision Exoshield Goggles with all patterns.
Fixed several clipping issues on the Bodark Shirt.
Fixed several clipping issues on the Bodark Coat and Helikon CPU Top when equipped with tactical vests.
Fixed several clipping issues when equipping the Ghillie Pants with the Maritime Operations Pack.
Fixed an issue where the armored pack would clip with several tops.
Gameplay
Fixed an issue where the player would lose character control upon entering the driver seat of a boat.
Fixed an issue where the walking animation would feel unnatural in Seals Islands slopes.
Fixed an issue where the player could not navigate behind cover slowly while crouching when using a controller.
Missions
Fixed an issue where the player could not talk to the director during the mission "Show Me the Way."
Progression
Fixed an issue where a perk couldn't be equipped even though it was unlocked in the skill tree.
Fixed an issue where the Act 3 Trophy wouldn't unlock when all requirements are met.
Fixed an issue where the Adrenaline perk would not regenerate player's health.
PvP
Fixed an issue where co-op game host could receive an Infinity-00009 error when creating a custom game lobby.
Fixed an issue where Echelon and Engineer items would not appear on the loadout page.
Raid
Fixed an issue where Baal would be motionless if the game host left the session during the intro cinematic.
Fixed an issue that caused players to automatically reload and lose a magazine when KIA in Heroic raids.
Fixed an issue where the player would be KIA without warning when stepping out of bounds near the volcano at Golem Island Sector 3.
UI
Fixed visibility issues for PS4 bumper bindings icons.
Vehicles
Fixed an issue where helicopters would drop empty casings when firing rockets.
Fixed an issue where the Blacklist helicopter would lose rocket capability when switching seats.
Weapons
Fixed an issue where range-boosting attachments would have no effect.
Fixed an issue where a wrong ammo type would be displayed in Maria's Shop when changing weapons in a bivouac beforehand.
Fixed an issue resetting the Echelon shock pistol ammo to 1 when booting the game.
Fixed an issue where the PEQ-15 laser beam would not be visible when equipped on the MK17 scout.
Xbox Series X
Fixed an issue that caused stuttering while playing on the Xbox Series X.
Eventhough the price has been stagnant for years, the real usage of GET has only increased. I believe it's only a matter of time before GET protocol is picked up by the crypto space. But worst case scenario - it doesn't - the buybacks will still push the price up on their own. Here's why: In 2020 ticketing volume in general was down like 90-99% due to corona. Yet GET managed to sell over 236k tickets. Or an increase of 27% compared to 2019. 2019 vs 2020 tickets sales & GET burned How is this possible? It's possibly because ticketeers recognize the advantages of smart tickets. Once big events are a thing again (hopefuly this year) scalping will become important again (which GET elminates) but for 2020 the main selling point was: - Crowd control - Interaction with the ticket holders - Paperless tickets scanning & payment - ... This means that GET has conquered a lot of marketshare from traditional ticketeers. Well mainly GUTS actually but the advantages GUTS brings, other ticketeers using GET will have too. Looking ahead If GUTS was able to sell 236k tickets in a year where ticketing volume is down at least 90% then I think it's safe to assume that they'll sell over 3 million tickets once everything is allowed again (2022 most likely). Add the new ticketing companies that integrated GET recently (getticket in Korea, Wicket Events in Italy and Tectix in Germany) and you'll understand that we'll be seeing millions of tickets processed by the GET protocol. With the whitelabel added (every ticketing company can start using GET protocol very quickly and easely now) many more ticketeers will join. Tokenomics & usage to push the price The GET tokenomics are built so that for every ticket issued 0,28€ (or 0,34$) worth of GET is needed by the ticketeers. They buy most of this from exchanges and a minority they get subsidized from the User Grotwh Fund. In 2020 around 70% was bought directly from exchanges. I'm willing to bet that we'll see at least 5 million tickets in 2022:
5 million * 0,28 * 0,7 = €980.000 in buybacks or around 1,2 million $
You can imagine what buybacks of 100k $ each month will do to such a smallcap, especialy considering that all this bought GET is burned after usage. If the price would remain stable we'd see 5 million GET burned, or 25% of the entire supply (SF of 13 million will be burned soon anyway as it isn't used so I don't consider that as supply). Of course the price will not remain stable as with such an increase in buybacks & burns, GET will be recognised as truely deflationary through real world usage. As of this month all tickets issued by the GET protocol will become NFT's Over 60.000 sold tickets (that haven't ben scanned yet for the event) will be minted as NFT's this month. This means that tickets, after scanning can become collectables. But so much more: Here's my take on why GET protocol's smart and blockchain registered tickets becoming NFT's will revolutionize the ticketing industry. After the DeFi hype we’ve witnessed last year, the next hype in crypto that seems to be developing are NFT’s. In this case it isn’t about riding the hype. Tickets being NFT’s on the blockchain really makes sense and it will change ticketing as we know it. Let me explain… So what’s a NFT exactly? NFT stands for non fungible token. This is a token that’s unique on the blockchain and not mutually interchangeable. This in contrast to for example Bitcoin where it doesn’t matter which Bitcoin you have (1 BTC = 1 BTC). Every ticket issued by the GET protocol will become a getNFT. Image explaining GET NFT's getNFTs are indivisible, meaning that a getNFT can only be held by 1 address at the same time. This ensures that whoever owns a certain NFT will be the only one to decrypt the QR code. Eventhough GET’s NFT’s will be the most used, bought & traded NFT’s in the crypto space the goal isn’t to ride the hype. Ticketing + NFT = a match made in heaven. And here’s why: As every ticket on the blockchain will become a NFT and thus unqiue, it will allow non custodial ownership of the ticket asset. This gives many interesting advantages but 2 stand out for me personally: P2P ticket trading & DeFi event financing. P2P ticket tradingNFT’s will allow P2P ticket trading and GET’s almost done building it! Peer to peer ticket trading means that everyone who owns a getNFT ticket will be able to trade it with another “peer”. This will happen in a closed and regulated ecosystem. This means that certain rules can be set by the event organizer. For example:
The ticket can be sold for only x% profit
x% of the trade profit goes to the event organizer
a certain trading fee goes to the event organizer
…
This will be the first and only ticketing system that will allow ticket trading while at the same time making scalping impossible. Regulators have been struggling for a long time to solve this problem and what seemed impossible to achieve will be made possible by smart contracts! The impact of this will be huge and will change the ticketing space for the better.Additionally and not unimportantly it will give the event organizer an extra revenue stream. The money that right now for a large part goes to scalpers (the secondary ticket market is worth $15B) will be tapped into by the event organizers. Why this is important The advantage for GET holders is twofold:
The P2P market will atract more users (artists, venues, ticketing companies) of the GET protocol (= more GET needed in the primary market)
every ticket exchanged in the secondary market is an additional statechange (= more GET needed)
Event financingWithout a doubt one of the most promising and exciting things to look forward to in 2021 is the introduction of decentralized event financing to GET Protocol.Event organizers often struggle to get financing for their events. This doesn’t only apply to starting artists, but even to famous stars. The artists need to have a lot of capital in advance as they have to pay for the venues, organisation, … upfront while only receiving the money after the show is over. Enter GET’s DeFi solution!
The pre-financing of events for event-organizers is not a solution looking for a problem; it’s a widely known and used tool that enables event organizers to make the investments needed to get their shows or festivals off the ground.In the past we have encountered Event Organizers who select their ticketing partner solely based on the amount of money and loan conditions that they are offered up front.
Thanks to getNFT tickets you’ll be able to pre-finance events of your choice. You can choose to finance new artists (more risk/more APY) or established kpop stars (less risk/less APY). This is how it will work: The technical side of event financing If the concept seems complicated, here’s what you need to understand about GET’s decentralized financing solution:1.) Event organizers will be able to easily pre-finance their events. (Something they desperately crave.)2.) Investors will be able to invest in events of their choice, at a risk & reward level that they feel comfortable with.3.) The $GET token is an integral part of the financing process, as it is required for ‘skin in the game’ from The advantage event financing for GET token holders will bring is again twofold:
As a GET holder you’ll be able to finance events and share in the profit of the ticket sales. This means that GET will allow you to profit without selling = passive income. An important note is that this is profit without inflation. While other DeFi projects give you returns by increasing the supply (and thus decreasing the value of the token) the returns here will not increase the GET supply, as the returns come from real profit(ticket sales).
As the GET token will be an integral part of this process, it will:- increase the buy pressure of the GET token (everyone who wants to participate will need GET)- decrease the supply (everyone who participates will have to locks his GET tokens).
Extended Seat feels uncomfortable - does it wear off?
First off, i am very happy about my Logitech Embody that arrived the other day. There's only one gripe i have with it. The Gaming Embody one (Logitech) is padded with some kind of foam on the seat which i believe isn't on the non-Logitech Version. That padding is actually comfortable a lot. Now i'm not a small guy and extended the seat so it fits my legs better. Here comes the issue.That extended part of the seat isn't padded with foam at all. That in itself isn't an issue but now i can feel the edge of the foam part somewhat digging into my legs. You can even feel that edge when you just place your hand on the seat and press against it. There's a clear border from the foamed to not foamed part. Does that effect wear off once the seat is "seated in" ? I know there was some guy here on the reddit, saying he just bought some foam and padded that part himself. Maybe he's reading this. I found a review here on reddit which describes the same issue. One commented he just glued on some foam to that area and everything was fine after that. Post: https://www.reddit.com/hermanmillecomments/kzj2g9/herman_miller_embody_gaming_review/ Comment: https://www.reddit.com/hermanmillecomments/kzj2g9/herman_miller_embody_gaming_review/gjr8gpr?utm_source=share&utm_medium=web2x&context=3 Edit 12th February 2021: Information from Herman Miller via e-Mail: e-Mail response from herman miller As you can see, i have asked herman miller via e-Mail if there is anything they can do about that cut of foam on the extendable part and the answer was rather unsatisfying. there are different versions, mainly the UK versions have a different foam-build due to some regulations. my chair was ordered on the german website of herman miller and shipped to germany. funny though, shipping was made from the UK. EU chairs are build to EU regulations and somehow, it doesn't matter if you feel the edge and have discomfort due to it if you are a EU citizen... i am going to continue this conversation with herman miller as i want either a replacement of the upholstery WITH proper foaming made, extra foam i can do it myself or a refund. A chair failing at giving me painless seating is just bad, especially at that pricetag EDIT on 12th February 2021: Adding Pictures of the cut off foam part. https://abload.de/image.php?img=logitechembody016ujfj.jpg https://abload.de/image.php?img=logitechembody02dejbo.jpg https://abload.de/image.php?img=logitechembody03e3jq4.jpg EDIT on 13th February 2021: i have added this to the extendable part of the seat pan: https://smile.amazon.de/gp/product/B08G819YGG/ref=ppx_yo_dt_b_asin_title_o00_s00?ie=UTF8&psc=1 haven't glued it on yet but it instantly feels better and more comfortable. gonna have to test it a few more days though.
I received my Aura 15 a few days before Christmas. I'm writing the review just now but let's say I've had time to play with it. If you are not interested in all the details skip to the conclusions part. Assembling and shipment The assembling process had one week delay but as soon as I wrote an email about it the customer service answered me immediately telling me the date in which the computer would be ready for shipment. Since then the computer was prepared and shipped in time and arrived one day before the date predicted by the shipping service. (I live in Italy so quite near to Germany and had no trouble with shipment but I can't say anything about shipping to far countries). Presentation The computer came in a box packed into another big box for safety transport. In my order I had added the notebook bag. In the box there were - Computer - Charger - Bag Plus some gifts from tuxedo - 2 pens with tuxedo logo - USB carrier with tuxedo logo - Block notes with tuxedo logo - A paper on encrypted os (which I don't have) - Quick guide in 5 languages - Complete instructions manual only in German - CD with drivers and user's manual (I never opened it because Aura 15 does not have CD reader) - Linux user magazine in German (I like German and I'm already studying it on my own but so I appreciated all this stuff in German but I can understand that for someone who doesn't speak it, it may be a bit disappointing) - USB pen that installs any of the Linux distros available for your pc model from scratch with the tuxedo settings, wallpapers and additional softwares retaking the computer at the original conditions they shipped it to you. (I don't know if this is given if you order the computer with Windows only.) This was the greatest gift for me because I messed up the os so many times while personalizing it and this USB saved me a lot of time in reinstalling and resetting everything. I guess they know their Linux customers like to do experiments and mess up - Cloth to clean the computer (very good in my opinion) As you can see from the pictures, the external appearance of the computer is not perfect: the cover is slightly deformed. This was not a problem for me: everything works perfectly but maybe fore someone it could be. The bag is very nice, it has a lot of pockets, it is robust on the outside and soft on the inside. I can go to work with everything I need in it. Use As I mentioned, I messed up many times while personalizing the desktop environment, icons and other stuff, tried different distros on the pc and always had no problems reinstalling with their USB. I don't have the dual boot: only Ubuntu and it is really fast and works perfectly. I really like the Tuxedo control center software for monitoring the computer status (temperature, battery, etc). I am an aerospace engineer and use the computer mainly for computations (MATLAB, simulink, openfoam...), the Aura 15 is very fast and the temperature regulation system works very good: temperature is always quite low even with hard and long simulations. I also use it for gaming, graphics and audio editing and everything is fast and fluent by now. Conclusions The Aura 15 i ordered arrived with a bit of delay but the customer service was very kind and fast with replies explaining me everything. The case has some imperfections but the computer works perfectly with no issues. I really appreciated all the gifts, the USB pen in particular but some stuff (complete instructions included) is in German only (not a problem for me since I like to practice but may be disappointing). On the overall I like it very much and I would recommend it to everyone, particularly to Linux enthusiasts. Processing img se04l6ev6pc61... https://preview.redd.it/troixqfu6pc61.jpg?width=4730&format=pjpg&auto=webp&s=d4baf11549525d57c47a52808bfa558ff58d6714 https://preview.redd.it/ye9b28lt6pc61.jpg?width=4730&format=pjpg&auto=webp&s=cda1282f5aa4d005cd83f48d07de2ca6a0b33f9f https://preview.redd.it/807cplns6pc61.jpg?width=5312&format=pjpg&auto=webp&s=89b6926ebc106770dd844b2a3c0c3a0cfd3d0bea https://preview.redd.it/lvcymvdr6pc61.jpg?width=5312&format=pjpg&auto=webp&s=1bb027b23cde3440255a4f1856327e57c9f5a4a9
What is the plan for DeepValueNetwork, what value it will create and how it will grow
EDIT Also make sure to join this subreddit. The old subreddit will move to this one in the next few weeks (after people joined). EDIT I changed the date of the AMA for monday, 9am to midnight. Sunday is the superbowl in the USA. I will create an AMA on /iama monday morning at 9am EST. In the mean time, please read the long post below. It explains in generality what we are building and how it will grow. The AMA will be about answering the questions of the community regarding how things will work in general, not technologically. In the future, I will create monthly AMA about how the technology of the network works. These will be live streamed. People will be able to ask me technical questions and Ill show where in the documentation to find the answers, or answer directly and take a note to add it in the documentation if missing. If you want to be a contributor to the network, please have a look at the end of this post. Instructions are explained there. Thanks in advance for reading all this! I know it's quite a long post! :) Steve
Preface
In this document, when I refer to businesses, I actually mean any group of people that sells anything to someone else. It could be a product or a service, but also an ideology. According to that description, political parties are businesses because they sell you an ideology in order for them to be elected. Religious groups are also businesses when they sell you an ideology that explains what is moral or not.
Introduction
In The Art of War, Sun Tzu explains that if you want to conqueer an ennemy that is stronger than you, you must split its force and attack a segment of the force at a time until your ennemy lose the war in your favor. That way, your victory is assured while keeping a maximum of your resources, making you stronger for the next war. In the modern world, we can classify the world power in two groups: the banked and the unbanked. In today's economy, the banks represents a social network of businesses and people making it easy to do business with others even when the physical reach is hard. You can send a wire transfer from Canada to a business in Germany and hire that business from the internet to execute a task for you. In the unbanked world, people and businesses are not as easily connected together. The results are that it is hard to do business with someone from the unbanked world because there is no easy way to provide a payment to that entity. According to the Metcalfe's law, the value of a social network is proportional to the square of the number of connected users of the system. Therefore, the banked world has a significant advantage in business and trade. Within the banked world, people and businesses are competing in order to provide products and services to others and get rewarded when doing so, by earning currency. Like in The Art of War, these entities are at war in order to win the business of others. This document will explain what this problem is, what environment it creates and how I want to fix that problem. If we fix it successfully, the results will be that we will no longer have a separated world, the banked and unbanked, but a single connected social network of businesses and people. We will unify the world and annihilate the war present within our ranks without any physical casualty.
The problem
When people compete to acquire business, they spend a significant amount of time trying to explain how they are different than others. While a significant amount of people do this by explaining how their products and services are superior and build up a reputation with their clients in order to earn currency, others create a brand of separation that explains to their targeted customers how they are rightful and how their competitors are evil. Then, competitors that want to attract a business segment unify these people together by marketing what their common enemy is. As the amount of competitors grow, they all create smaller and smaller groups of very targeted individuals that heavily loves something but grows to hate everything else. While this marketing tactic works very well in business, it creates a huge side effect in the economy: it separates people. Certain group of people doesn't want to do business with others anymore because of these marketed ideologies. These reasons have no rational or logical fundamental. This reduces the value of the connected banking system since not every member of its social network is willing to hire or be employed by every other member. It creates separated sub social networks and divides its value.
The solution I propose
In order to fix this problem, I believe that we must open the information about the markets to everyone, reduce competition and increase synergy.
The technical problems
Before people had computers at their disposition, opening the information about the markets was not an easy task because even if someone had all the data about all the trades in the world, his ability to process it and act accordingly would be slower than the speed at which new data arrives and modify the previous data, rendering his processing unusable. Now a days, we have powerful computers at our disposal. While a lot of people have gaming machines with powerful GPU cards that can execute machine learning algorithms to help them evolve with the addition of new data in the economy, most people lack the ability to write the code of these algorithms themselves and can't easily retrieve the economy's data while it is still valid. We also have connected marketplaces that let people express their opinions on different subjects (social networks). We also have other marketplaces that enable people to trade value very quickly (stock markets). However, most of these platforms are owned by groups of people that advantage themselves in these markets at the expense of everyone else. For this reason, a person that has no connection on these marketplaces have a disadvantage when using them: their opinion on subjects might be altered by propaganda advertisements or their ability to execute trades on securities might be manipulated.
Fixing the technical problems
I believe that the solution is to create a network of databases that will be created and hosted directly by the contributors of that network: the people that build the databases are the ones making them accessible on the internet. That network must have an easy-to-use interface that will enable everyone to easily contribute and use. It must also contain a query language to make it easy to retrieve data from p2p databases, process it and create new data that can be stored in another database (to be used in another algorithm). Using the interface system, we must be able to create 2D and 3D applications, using our scripting language. It could be possible to write a standard 2D application or a 3D video game that uses OpenGL and interact with our decentralized databases. Since not everyone can write scripts, we must create decentralized marketplaces that enables people to buy and sell applications and algorithms for our cryptocurrency. We also need a way to pay people instantly without relying on a party outside the network. If we use the current banking system, they could decide to ban us in order to slow our scale, if they find out that we are building a competing business social network to theirs. For that reason, we need to create our own cryptocurrency. The initial units will be used to pay the initial contributors. While we spend the initial units building the initial peer-to-peer plaform, we need to create something of value inside the network, to make external entities want to trade their product/service production to acquire our currency and pay for the value they need. Almost every business have a common denominator when it comes to what they need: advertisements. Therefore, we will create a decentralized advertising platform where advertisers will be invited by our contributors. They will then be able to create content to promote their businesses and accept our cryptocurrency as a method of payment for their products/services. The advertising price will be driven by how people in their advertisement segment like their ads: the more they like it, the less expensive it will be, encouraging businesses to create very targeted ads that people will like. At the same time, this initial advertisement marketplace will create volume on the trade of products/services for our cryptocurrency, providing its value. Contributors will now be able to pay for goods and services using the cryptocurrency they earned while businesses will be able to use the cryptocurrency they earned when selling their production to our contributors to pay for products/services they need on our network. Then, we will ask what contributors want to buy with their earnings, analyze their needs using the query language we created to retrieve data from our network of peer-to-peer databases and then create propositions to the community. Once people vote and accept a proposition, the contributors will separate the tasks needed to contact the additional businesses we want on our network to explain how they can use our platform to sell their production to us. If we need more contributors to execute more tasks, we will advertise the positions in our social media. Other contributors will join the network, execute tasks to help the network grow and receive payment in our cryptocurrency.
Contributors are owners
While each contributor receives payment in cryptocurrency for their work, they will also receive shares in the revenues of the software they helped develop, document and/or market. 90% of the shares of each application will be given in pro-rata of the cryptocurrency revenue each person earned while working on that project versus the total cost of the project. 10% of the shares of each software will be given to the network. Those shares will be owned by everyone that owns our cryptocurrency, and will be invested in projects to make the network grow. For each cryptocurrency a person owns, he will be able to apply 1 vote on which project he wants the network to work on next.
Synergy between contributors
Like I initially explained at the beginning of this document, the goal is to make sure contributors cooperate tgether in order to increase the value of its network instead of competing. Therefore, we will create mechanism for everyone to analyze the business processes (BPM) of the public enterprises of our network and its appplications and find ways to increase their sales or reduce their expenses. When someone finds a way to make an entity more profitable, we will be able to prove it using mechanism on the network. Those exact mechanisms will be explained in later documents. Then, the shareholders of that application or enterprise will internally vote to acquire the knowledge to implement the modification. The acquisition will be done in vesting share options of the entity, and the whole network will be able to vote if the acquisition was deceitful and therefore null the options, or see that its good and generate the new shares to the inventor. That way, people will want to make the current ecosystem better all the time without having to create competing enterprises from scratch.
Initial phase
I am currently finishing the last steps to provide a working first version of the software that will handle the database network and its cryptocurrency. You can follow its development on github. After finishing the first version of the software, I will provide a documentation explaining how developers can contribute to its core code repository, including the contributor's guidelines. I'll also show visual representation of how the software architecture works, including its struct relationships and data flows. I'll document the format of the files we use and the documentation regarding the local REST API each peer of our network hosts. I'll also document the scripting language and its virtual machine I built for this project and how it works to create new scripting language with its own grammar and how it can communicates with the network's software. During that time, I'd like to retrieve help from the community to create our brand image, create our website and create then market our principles on social networks.
Incorporated enterprises
To successfully grow this network, I incorporated 2 corporations that will provide very different services between the outside world and the economy inside our network.
Steve Care Software Inc.
This corporation is incorporated in the province of Quebec, in Canada. It will be used to create holding companies for people interested in funding a venture that acquires existing businesses using fiat currency, connecting the acquired enterprises to our network so that it can trade its production for our cryptocurrency, then spend it on value it needs within our network. Then, make the stock of that holding company tradable within its original founders and accredited investors. We will also write applications inside our network to be able to manage holding companies like these and their day-to-day operations, so the businesses are managed by hiring people on our network that will execute tasks that are voted by the stock holders of those enterprises. The stock holders stay in control of their holding incorporation at all times. Then, enable merging of enterprises inside our network in order to become public entities, file with the governing regulators and make the stock of those ventures tradable for everyone. These processes needs to communicate with a lot of external entities from our network. We will need to create legal contracts and execute tasks outside our network. This is why we created a legal incorporation to execute this job for the network members. Initially, I will sell option contracts on the Steve Care Software Inc incorporation. Contributors of the network and accredited investors will be able to acquire options that will give them a discount on the future stock purchase of the company, when we will file to become a public company. The fiat money will be used to fund the initial activity of Steve Care Software Inc. It will also be used to create the initial holding companies that will purchase existing enterprises and connect them to the network. At the end of each quarter, the shareholder's of Steve Care Software Inc will vote on its next budget and balance its cryptocurrency and fiat holdings. If the corporation needs to pay dividends to its shareholders, the dividends will be paid in cryptocurrency on the network.
XMN Blockchain Services Ltd.
This corporation is incorporated in Canada. It will provide a software development and strategy service to enterprises that wants to connect themselves to our network. We will be able to sign contracts using this legal entity, negotiate contracts with enterprises that the network wants to deal with and communicate between the external clients and the contributors of our network. XMN Blockchain Services Ltd. is a service company. Therefore, its value is its employees, not a product we build. Its revenues are directly linked with the time of its employees being sold in order to connect clients with the network. For that reasons, the employees of XMN Blockchain Services Ltd. will own and operate the company. Each employee will receive compensation in both stock options and salary. The salaries will be paid in both cryptocurrency and fiat. The books of the company will be regularly balanced using the fiat it receives from his customer and acquiring the cryptocurrency it needs in order to pay its employees. At the end of each year, the shareholders (also employees or previous employees) will vote to decide how much dividends the company pay. The dividends are paid in cryptocurrency on the network.
Fiat marketplace
Both Steve Care Software Inc and XMN Blockchain Services Ltd. will have revenue in cryptocurrency and fiat currency. The companies will trade fiat for cryptocurrency regularly, enabling contributors of the network to exchange their cryptocurrency for fiat currency if they needs to.
Contributors
If you want to be a contributor, please email me at [[email protected]]([email protected]). Send me the kind of tasks you want to help us with and send me your LinkedIn or a resumé. Also provide me with your normal fee for work, and the amount of hours per week you think you could work on our network. While we pay in our cryptocurrency, the amount of cyptocurrency you would receive for your work will be related to your normal salary. At last, tell me in the email where you are located and on which timezone you can work. This will be used to create teams of contributors with matching timezones. In the next week, Ill take the time to organize our work using different software in order to manage the contribution of everyone, then will email people to begin working on this project together.
Conclusion
This is the first document that explains in generality how the network will work. In the future, I will post more documentation explaining how each part individually work.
American EVIL Tycoon and philanthropist John D. Rockefeller wrote a "masonic creed" that started with the sentence: "We will keep their lives short and their minds weak while pretending to do the opposite."
We will keep their lives short and their minds weak while pretending to do the opposite. We will use our knowledge of science and technology in subtle ways so that they never see what is happening. We will use soft metals, aging accelerators and sedatives in food and water as well as in the air. They will be covered in poisons wherever they turn. The soft metals will make them lose their minds. We will promise to find a cure from our many funds, and yet we will give them more poison. Chemical poisons will be absorbed through the skin of idiots who believe that certain hygiene and beauty products presented by great actors and musicians, will bring eternal youth to their faces and bodies, and through their thirsty and hungry mouths, we will destroy their minds and systems of internal organs. reproduction. However, their children will be born as disabled and deformed and we will hide this information. The poisons will be hidden in everything that surrounds them, in what they drink, eat, breathe and wear. We must be ingenious in dispensing the poisons for they can see far. We will teach them that the poisons are good, with fun images and musical tones. Those they look up to will help. We will enlist them to push our poisons. They will see our products being used in film and will grow accustomed to them and will never know their true effect. When they give birth we will inject poisons into the blood of their children and convince them it is for their help. We will start early on, when their minds are young, we will target their children with what children love most, sweet things. When their teeth decay we will fill them with metals that will kill their mind and steal their future. When their ability to learn has been affected, we will create medicine that will make them sicker and cause other diseases for which we will create yet more medicine. We will render them docile and weak before us by our power. They will grow depressed, slow and obese, and when they come to us for help, we will give them more poison. We will focus their attention toward money and material goods so they many never connect with their inner self. We will distract them with fornication, external pleasures and games so they may never be one with the oneness of it all. Their minds will belong to us and they will do as we say. If they refuse we shall find ways to implement mind-altering technology into their lives. We will use fear as our weapon. We will establish their governments and establish opposites within. We will own both sides. We will always hide our objective but carry out our plan. They will perform the labour for us and we shall prosper from their toil. Our families will never mix with theirs. Our blood must be pure always, for it is the way. We will make them kill each other when it suits us. We will keep them separated from the oneness by dogma and religion. We will control all aspects of their lives and tell them what to think and how. We will guide them kindly and gently letting them think they are guiding themselves. We will foment animosity between them through our factions. When a light shall shine among them, we shall extinguish it by ridicule, or death, whichever suits us best. We will make them rip each other's hearts apart and kill their own children. We will accomplish this by using hate as our ally, anger as our friend. The hate will blind them totally, and never shall they see that from their conflicts we emerge as their rulers. They will be busy killing each other. They will bathe in their own blood and kill their neighbours for as long as we see fit. We will benefit greatly from this, for they will not see us, for they cannot see us. We will continue to prosper from their wars and their deaths. We shall repeat this over and over until our ultimate goal is accomplished. We will continue to make them live in fear and anger though images and sounds. We will use all the tools we have to accomplish this. The tools will be provided by their labour. We will make them hate themselves and their neighbours. We will always hide the divine truth from them, that we are all one. This they must never know! They must never know that colour is an illusion, they must always think they are not equal. Drop by drop, drop by drop we will advance our goal. We will take over their land, resources and wealth to exercise total control over them. We will deceive them into accepting laws that will steal the little freedom they will have. We will establish a money system that will imprison them forever, keeping them and their children in debt. When they shall band together, we shall accuse them of crimes and present a different story to the world for we shall own all the media. We will use our media to control the flow of information and their sentiment in our favour. When they shall rise up against us we will crush them like insects, for they are less than that. They will be helpless to do anything for they will have no weapons. We will recruit some of their own to carry out our plans, we will promise them eternal life, but eternal life they will never have for they are not of us. The recruits will be called "initiates" and will be indoctrinated to believe false rites of passage to higher realms. Members of these groups will think they are one with us never knowing the truth. They must never learn this truth for they will turn against us. For their work they will be rewarded with earthly things and great titles, but never will they become immortal and join us, never will they receive the light and travel the stars. They will never reach the higher realms, for the killing of their own kind will prevent passage to the realm of enlightenment. This they will never know. The truth will be hidden in their face, so close they will not be able to focus on it until its too late. Oh yes, so grand the illusion of freedom will be, that they will never know they are our slaves. When all is in place, the reality we will have created for them will own them. This reality will be their prison. They will live in self-delusion. When our goal is accomplished a new era of domination will begin. Their minds will be bound by their beliefs, the beliefs we have established from time immemorial. But if they ever find out they are our equal, we shall perish then. THIS THEY MUST NEVER KNOW. If they ever find out that together they can vanquish us, they will take action. They must never, ever find out what we have done, for if they do, we shall have no place to run, for it will be easy to see who we are once the veil has fallen. Our actions will have revealed who we are and they will hunt us down and no person shall give us shelter. This is the secret covenant by which we shall live the rest of our present and future lives, for this reality will transcend many generations and life spans. This covenant is sealed by blood, our blood. We, the ones who from heaven to earth came. This covenant must NEVER, EVER be known to exist. It must NEVER, EVER be written or spoken of for if it is, the consciousness it will spawn will release the fury of the PRIME CREATOR upon us and we shall be cast to the depths from whence we came and remain there until the end time of infinity itself. PART 2 ——》 PART 2: The Jesuits are a Military Religious Order of the Roman Catholic Church Papal Keys "When a Jesuit of the minor rank is to be elevated to command, he is conducted into the Chapel of the Convent of the Order, where there are only three others present, the principal or Superior standing in front of the altar. On either side stands a monk, one of whom holds a banner of yellow and white, which are the Papal colors, and the other a black banner with a dagger and red cross above a skull and crossbones, with the word INRI, and below them the words IUSTUM, NECAR, REGES, IMPIOUS. The meaning of which is: It is just to exterminate or annihilate impious or heretical Kings, Governments, or Rulers. Upon the floor is a red cross at which the postulant or candidate kneels. The Superior hands him a small black crucifix, which he takes in his left hand and presses to his heart, and the Superior at the same time presents to him a dagger, which he grasps by the blade and holds the point against his heart, the Superior still holding it by the hilt, and thus addresses the postulant:" Superior: "My son, heretofore you have been taught to act the dissembler: among Roman Catholics to be a Roman Catholic, and to be a spy even among your own brethren; to believe no man, to trust no man. Among the Reformers, to be a reformer; among the Huguenots, to be a Huguenot; among the Calvinists, to be a Calvinist; among other Protestants, generally to be a Protestant, and obtaining their confidence, to seek even to preach from their pulpits, and to denounce with all the vehemence in your nature our Holy Religion and the Pope; and even to descend so low as to become a Jew among Jews, that you might be enabled to gather together all information for the benefit of your Order as a faithful soldier of the Pope." "You have been taught to insidiously plant the seeds of jealousy and hatred between communities, provinces, states that were at peace, and incite them to deeds of blood, involving them in war with each other, and to create revolutions and civil wars in countries that were independent and prosperous, cultivating the arts and the sciences and enjoying the blessings of peace. To take sides with the combatants and to act secretly with your brother Jesuit, who might be engaged on the other side, but openly opposed to that with which you might be connected, only that the Church might be the gainer in the end, in the conditions fixed in the treaties for peace and that the end justifies the means." "You have been taught your duty as a spy, to gather all statistics, facts and information in your power from every source; to ingratiate yourself into the confidence of the family circle of Protestants and heretics of every class and character, as well as that of the merchant, the banker, the lawyer, among the schools and universities, in parliaments and legislatures, and the judiciaries and councils of state, and to be all things to all men, for the Pope's sake, whose servants we are unto death." "You have received all your instructions heretofore as a novice, a neophyte, and have served as co-adjurer, confessor and priest, but you have not yet been invested with all that is necessary to command in the Army of Loyola in the service of the Pope. You must serve the proper time as the instrument and executioner as directed by your superiors; for none can command here who has not consecrated his labors with the blood of the heretic; for "without the shedding of blood no man can be saved." Therefore, to fit yourself for your work and make your own salvation sure, you will, in addition to your former oath of obedience to your order and allegiance to the Pope, repeat after me:-" (The following material contained in Congressional Record, House Bill 1523, Contested election case of Eugene C. Bonniwell, against Thos. S. Butler, February 15, 1913, pages 3215-6. The oath appears in its entirety, in the book, THE SUPPRESSED TRUTH ABOUT THE ASSASSINATION OF ABRAHAM LINCOLN, by Burke McCarty, pages 14-16). The Extreme Oath of the Jesuits "I, ..........., now, in the presence of Almighty God, the Blessed Virgin Mary, the blessed Michael the Archangel, the blessed St. John the Baptist, the holy Apostles St. Peter and St. Paul and all the saints and sacred hosts of heaven, and to you, my ghostly father, the Superior General of the Society of Jesus, founded by St. Ignatius Loyola in the Pontificate of Paul the Third, and continued to the present, do by the womb of the virgin, the matrix of God, and the rod of Jesus Christ, declare and swear, that his holiness the Pope is Christ's Vice-regent and is the true and only head of the Catholic or Universal Church throughout the earth; and that by virtue of the keys of binding and loosing, given to his Holiness by my Savior, Jesus Christ, he hath power to depose heretical kings, princes, states, commonwealths and governments, all being illegal without his sacred confirmation and that they may safely be destroyed." "Therefore, to the utmost of my power I shall and will defend this doctrine of his Holiness' right and custom against all usurpers of the heretical or Protestant authority whatever, especially the Lutheran of Germany, Holland, Denmark, Sweden, Norway, and the now pretended authority and churches of England and Scotland, and branches of the same now established in Ireland and on the Continent of America and elsewhere; and all adherents in regard that they be usurped and heretical, opposing the sacred Mother Church of Rome. I do now renounce and disown any allegiance as due to any heretical king, prince or state named Protestants or Liberals, or obedience to any of the laws, magistrates or officers." "I do further declare that the doctrine of the churches of England and Scotland, of the Calvinists, Huguenots and others of the name Protestants or Liberals to be damnable and they themselves damned who will not forsake the same." "I do further declare, that I will help, assist, and advise all or any of his Holiness' agents in any place wherever I shall be, in Switzerland, Germany, Holland, Denmark, Sweden, Norway, England, Ireland or America, or in any other Kingdom or territory I shall come to, and do my uttermost to extirpate the heretical Protestants or Liberals' doctrines and to destroy all their pretended powers, legal or otherwise." "I do further promise and declare, that notwithstanding I am dispensed with, to assume my religion heretical, for the propaganda of the Mother Church's interest, to keep secret and private all her agents' counsels from time to time, as they may entrust me and not to divulge, directly or indirectly, by word, writing or circumstance whatever; but to execute all that shall be proposed, given in charge or discovered unto me, by you, my ghostly father, or any of this sacred covenant." "I do further promise and declare, that I will have no opinion or will of my own, or any mental reservation whatever, even as a corpse or cadaver (perinde ac cadaver), but will unhesitatingly obey each and every command that I may receive from my superiors in the Militia of the Pope and of Jesus Christ." "That I may go to any part of the world withersoever I may be sent, to the frozen regions of the North, the burning sands of the desert of Africa, or the jungles of India, to the centers of civilization of Europe, or to the wild haunts of the barbarous savages of America, without murmuring or repining, and will be submissive in all things whatsoever communicated to me." "I furthermore promise and declare that I will, when opportunity present, make and wage relentless war, secretly or openly, against all heretics, Protestants and Liberals, as I am directed to do, to extirpate and exterminate them from the face of the whole earth; and that I will spare neither age, sex or condition; and that I will hang, waste, boil, flay, strangle and bury alive these infamous heretics, rip up the stomachs and wombs of their women and crush their infants' heads against the walls, in order to annihilate forever their execrable race. That when the same cannot be done openly, I will secretly use the poisoned cup, the strangulating cord, the steel of the poniard or the leaden bullet, regardless of the honor, rank, dignity, or authority of the person or persons, whatever may be their condition in life, either public or private, as I at any time may be directed so to do by any agent of the Pope or Superior of the Brotherhood of the Holy Faith, of the Society of Jesus." "In confirmation of which, I hereby dedicate my life, my soul and all my corporal powers, and with this dagger which I now receive, I will subscribe my name written in my own blood, in testimony thereof; and should I prove false or weaken in my determination, may my brethren and fellow soldiers of the Militia of the Pope cut off my hands and my feet, and my throat from ear to ear, my belly opened and sulphur burned therein, with all the punishment that can be inflicted upon me on earth and my soul be tortured by demons in an eternal hell forever!" "All of which, I, .........., do swear by the Blessed Trinity and blessed Sacraments, which I am now to receive, to perform and on my part to keep inviolable; and do call all the heavenly and glorious host of heaven to witness the blessed Sacrament of the Eucharist, and witness the same further with my name written and with the point of this dagger dipped in my own blood and sealed in the face of this holy covenant." (He receives the wafer from the Superior and writes his name with the point of his dagger dipped in his own blood taken from over his heart.) Superior: "You will now rise to your feet and I will instruct you in the Catechism necessary to make yourself known to any member of the Society of Jesus belonging to this rank." "In the first place, you, as a Brother Jesuit, will with another mutually make the ordinary sign of the cross as any ordinary Roman Catholic would; then one cross his wrists, the palms of his hands open, and the other in answer crosses his feet, one above the other; the first points with forefinger of the right hand to the center of the palm of the left, the other with the forefinger of the left hand points to the center of the palm of the right; the first then with his right hand makes a circle around his head, touching it; the other then with the forefinger of his left hand touches the left side of his body just below his heart; the first then with his right hand draws it across the throat of the other, and the latter then with a dagger down the stomach and abdomen of the first. The first then says Iustum; and the other answers Necar; the first Reges. The other answers Impious." (The meaning of which has already been explained.) "The first will then present a small piece of paper folded in a peculiar manner, four times, which the other will cut longitudinally and on opening the name Jesu will be found written upon the head and arms of a cross three times. You will then give and receive with him the following questions and answers:-" Question:- From whither do you come? Answer:- The Holy faith. Q.:- Whom do you serve? A.:- The Holy Father at Rome, the Pope, and the Roman Catholic Church Universal throughout the world. Q.:- Who commands you? A.:- The Successor of St. Ignatius Loyola, the founder of the Society of Jesus or the Soldiers of Jesus Christ. Q.:- Who received you? A.:- A venerable man in white hair. Q.:- How? A.:- With a naked dagger, I kneeling upon the cross beneath the banners of the Pope and of our sacred order. Q.:- Did you take an oath? A.:- I did, to destroy heretics and their governments and rulers, and to spare neither age, sex nor condition. To be as a corpse without any opinion or will of my own, but to implicitly obey my Superiors in all things without hesitation of murmuring. Q.:- Will you do that? A.:- I will. Q.:- How do you travel? A.:- In the bark of Peter the fisherman. Q.:- Whither do you travel? A.:- To the four quarters of the globe. Q.:- For what purpose? A.:- To obey the orders of my general and Superiors and execute the will of the Pope and faithfully fulfill the conditions of my oaths. Q.:- Go ye, then, into all the world and take possession of all lands in the name of the Pope. He who will not accept him as the Vicar of Jesus and his Vice-regent on earth, let him be accursed and exterminated." The Oath of the Knights of Columbus, Knights of Malta and Rhodes Scholars is based upon the Oath of the Jesuits (This is an extract of the Congressional Record of the House of Representatives dated February 15, 1913, where the oath is entered as purported to be of the Knights of Columbus). "I, ............, now in the presence of Almighty God, the blessed Virgin Mary, the blessed St. John the Baptist, the Holy Apostles, St. Peter and St. Paul, and all the saints, sacred host of heaven, and to you, my Ghostly Father, the superior general of the Society of Jesus rounded by St. Ignatius Loyola, in the pontification of Paul the III and continued to the present, do by the womb at the Virgin, the matrix of God, and the rod of Jesus Christ, declare and swear that His Holiness the Pope, is Christ's vice regent and is the true and only head of the Catholic or Universal Church throughout the earth; and that by virtue of the keys of binding and loosing given His Holiness by my Savior, Jesus Christ, he hath power to depose heretical kings, princes, States, Commonwealths, and Governments and they may be safely destroyed. Therefore to the utmost of ray power I will defend this doctrine and His Holiness's right and custom against all usurpers of the heretical or Protestant authority whatever, especially the Lutheran Church of Germany, Holland, Denmark, Sweden, and Norway and the now pretended authority and Churches of England and Scotland, and the branches of same now established in Ireland and on the Continent of America and elsewhere, and all adherents in regard that they may be usurped and heretical, opposing the sacred Mother Church of Rome." "I do now denounce and disown any allegiance as due to any heretical king, prince, or State, named Protestant or Liberals, or obedience to any of their laws, magistrates, or officers." "I do further declare that the doctrine of the Churches of England and Scotland, of the Calvinists, Huguenots, and others of the name of Protestants or Masons to be damnable, and they themselves to be damned who will not forsake the same." "I do further declare that I will help assist, and advise all or any of His Holiness's agents, in any place where I should be, in Switzerland, Germany, Holland, Ireland, or America, or in any other kingdom or territory I shall come to and do my utmost to extirpate the heretical Protestant or Masonic doctrines and to destroy all their pretended powers, legal or otherwise." "I do further promise and declare that, notwithstanding I am dispensed with to assume any religion heretical for the propagation of the Mother Church's interest to keep secret and private all her agents' counsels from time to time, as they intrust me and not divulge, directly or indirectly, by word, writing, or circumstances whatever but to execute all that should be proposed, given in charge or discovered unto me by you my Ghostly Father, or any of this sacred order." "I do further promise and declare that I will have no opinion or will of my own or any mental reservation whatsoever, even as a corpse or cadaver (perinde ac cadaver), but will unhesitatingly obey each and every command that I may receive from my superiors in the militia of the Pope and of Jesus Christ." "That I will go to any part of the world whithersoever I may be sent, to the frozen regions north, jungles of India, to the centers of civilization of Europe, or to the wild haunts of the barbarous savages of America without murmuring or repining, and will be submissive in all things whatsoever is communicated to me." "I do further promise and declare that I will, when opportunity presents, make and wage relentless war, secretly and openly against all heretics, Protestants and Masons, as I am directed to do to extirpate them from the face of the whole earth; and that I will spare neither age, sex, or condition, and that will hang, bum, waste, boil, flay, strangle, and bury alive these infamous heretics; rip up the stomachs and wombs of their women, c Jews, as it is proved by certain existing rites . . . The Jew is also a builder: proud, ambitious, domineering, he tries to draw everything to himself. He is not satisfied with de-Christianising, he Judaises; he destroys the Catholic or Protestant faith, he provokes indifference, but he imposes his idea of the world, of morals, and of life upon whose faith he ruins; he works at his age-old task -- the annihilation of the religion of Christ!" Mrs. Nesta Webster in Secret Societies and Subversive Movements, writes: "The Protocols of the Learned Elders of Zion have been marvellously correct as prophecy, foreshadowing all of this in a remarkable way, whatever their first origin, before Maurice Joly used part of them in 1864." "Dr. Ranking, who has devoted many years of study to the question . . . in a very interesting paper published in the masonic journal, Ars Quatuor Coronatorum, observes: 'That from the very commencement of Christianity there has been transmitted through the centuries a body of doctrine incompatible with Christianity in the various official Churches. That the bodies teaching these doctrines profess to do so on the authority of St. John, to whom, as they claimed, the true secrets had been committed by the Founder of Christianity, that during the Middle Ages, the main support of the Gnostic bodies and the main repository of this knowledge (Johannism) was the Society of the Templars.' And he further said, 'The record of the Templars in Palestine is one long tale of intrigue and treachery on the part of the Order'." In his History of Magic, Eliphas Levi informs us: "The Templars had two doctrines: one was concealed and reserved to the leaders, being that of Johannism; the other was public, being Roman Catholic doctrine. . . The Johannism of the adepts was the Kabalah of the Gnostics, but it degenerated speedily into a mystic pantheism carried even to idolatry of Nature and hatred of all revealed dogma. . . They fostered the regrets of every fallen worship and the hopes of every new cultus, promising to all liberty of conscience and a new orthodoxy which should be the synthesis of all persecuted beliefs. They went even so far as to recognise the pantheistic symbolism of the grand masters of Black Magic . . . they rendered divine honours to the monstrous idol Baphomet." The mystic affiliations under the Pyramids of Egypt, the esoteric sect of Pythagoras, the astrologers or mathematicians of Rome in the time of Domitian, the House of Wisdom in Cairo, the Ismailis or Assassins, Companions of the Old Man of the Mountain, the Templars, the Rose-Croix (Rosicrucians), the Carbonari, the Jesuits, Freemasons, B'nai B'rith, Knights of Columbus, the Souffrants, the Chercheurs, Lodges of St. John, of Melchisedek, Royal Priests, Masters of the Wise, the Asiatic Brethren . . . all appear to form an uninterrupted chain of these superior affiliations . . . under the name of the Illuminati, under the Directing Power of the Invisibles -- Earthly beings -- Masters working on the Astral, whose self-appointed role was to be the arbiters and Masters of the World...... and crush their infants' heads against the wails in order to annihilate their execrable race. That when the same can not be done openly, I will secretly use the poisonous cup, the strangulation cord, the steel of the poniard, or the leaden bullet, regardless of the honor, rank, dignity, or authority of the persons, whatever may be their condition in life, either public or private, as I at any time may be directed so to do by any agents of the Pope or superior of the Brotherhood of the Holy Father of the Society of Jesus." "In confirmation of which I hereby dedicate my life, soul, and all corporal powers, and with the dagger which I now receive I will subscribe my name written in my blood in testimony thereof; and should I prove false or weaken in my determination, may my brethren and fellow soldiers of the militia of the Pope cut off my hands and feet and my throat from ear to ear, my belly opened and sulphur burned therein with all the punishment that can be inflicted upon me on earth and my soul shall be tortured by demons in eternal hell forever." "That I will in voting always vote for K. of C, in preference to a Protestant, especially a Mason, and that I will leave my party so to do; that if two Catholics are on the ticket I will satisfy myself which is the better supporter of Mother Church and vote accordingly." "That I will not deal with or employ a Protestant if in my power to deal with or employ a Catholic. That I will place Catholic girls in Protestant families that a weekly report may be made of the inner movements of the heretics." "That I will provide myself with arms and ammunition that I may be in readiness when the word is passed, or I am commanded to defend the church either as an individual or with the militia of the Pope." "All of which I, ............, do swear by the blessed Trinity and blessed sacrament which I am now to receive to perform and on part to keep this, my oath." "In testimony hereof, I take this most holy and blessed Sacrament of the Eucharist and witness the same further with my name written with the point of this dagger dipped in my own blood and seal in the face of this holy sacrament." The Oath administered to the Illuminati is based upon the Oath of the Jesuits Before the Oath is administered it is said -- a sword is pointed at the breast: "Shouldst thou become a traitor or perjurer, let this sword remind thee of each and all the members in arms against thee. Do not hope to find safety; whithersoever thou mayest fly, shame and remorse as well as the vengeance of thine unknown brothers will torture and pursue thee." Then in the Oath which follows he swears: ". . . Eternal silence, and faithfulness and everlasting obedience to all superiors and regulations of the Order. I also renounce my own personal views and opinions as well as all control of my powers and capacities. I promise also to consider the well-being of the Order as my own, and I am ready, as long as I am a member, to serve it with my goods, my honour, and my life . . . If I act against the rules and well-being of the Society, I will submit myself to the penalties to which my superiors may condemn me . . ." "In the name of the son crucified (i.e. the Pentagram, the illuminised man), swear to break the bonds which still bind you to your father, mother, brothers, sisters, wife, relatives, friends, mistresses, kings, chiefs, benefactors, and all persons to whomsoever you may have promised faith, obedience, and service. Name and curse the place where you were born, so that you may dwell in another sphere, to which you will attain only after having renounced this pestilential globe, vile refuse of the heavens! From this moment you are free from the so-called oath to country and laws: swear to reveal to the new chief, recognised by you, what you may have seen or done, intercepted, read or heard, learned or surmised, and also seek for and spy out what your eyes cannot discern. Honour and respect the Aqua Tofana (i.e. an imperceptably slow poison) as a sure, prompt, and necessary means of purging the globe by death of those who seek to vilify the truth and sieze it from our hands. Fly from Spain, Naples, and all accursed land; finally fly from the temptation to reveal what you may hear, for the thunder is no prompter that the knife, which awaits you in whatsoever place you may be. Live in the name of the Father, Son, and Holy Spirit. (The Trinity of Illuminism -- Cabalistic and Gnostic. The Father -- the generating fire; the Holy Spirit -- the Great Mother Nature, reproducing all things; the Son -- the manifestation, the vital fluid, the astral light of Illuminism)." Unknown to the members of these various secret societies seeking "Illumination" and "deification," their masters are the Cabalistic Jew, the originator of Gnostic mysticism. (Please see the text that follows). Go to Superiors General of the Society of Jesus Go to History of the Jesuits Go to Initial Membership List of the Knights of Malta "The three forms of initiation -- individual, group, or universal -- all lead to conscious or unconscious control by a central power, who in some mysterious way makes its influence felt; often clairvoyantly and clairaudiently seen and heard, but never physically present or visible. the system in all three is the same -- cabalistic. Secretly here and there individuals are prepared; these again form groups or centres from which influences spread until they form a network covering the entire world. Like rays from a hidden sun these groups are apparently divergent and detatched, but in reality all issue from the same central body. The system is seen to be an insidious and secret dissemination of ideas, orienting and breaking down all barriers of family, religion, morality, nationality, and all self-initiative thought, always under the cloak of a new and more modern religion, new thought, new morality, a new heaven and a new earth; until it evolves a gigantic robot merely answering to the will and commands of a secret Master Mind. They dream they are free, original, self-determining individuals; they are but the negative moon reflecting and reproducing the light from the same hidden and cabalistic Sun. It is called regeneration by the Illuminati; it is in truth individual death and disintegration, followed by a resurrection as negative "light-bearers" of this cabalistic dark Sun whose Luciferian "Grand Plan" is world domination." (Anonymous, Light-bearers of Darkness, The Christian Book Club of America, p105). The Jewish Encyclopaedia points out that Gnosticism "was Jewish in character long before it became Christian," and quotes the opinion, "a movement closely connected with Jewish mysticism." The Freemason Ragon says: "The Cabala is the key of the occult sciences. The Gnostics were born of the Cabalists." Rabbi Benamozegh says, "Those who will take the trouble to examine with care the connection between Judaism and philosophic Freemasonry, theosophy, and the mysteries in general . . . will cease to smile in pity at the suggestion that Cabalistic theology may have a role to play in the religious transformations of the future. . . . It contains the key to the modern religious problem" (Anonymous, Light- bearers of Darkness, The Christian Book Club of America, p11). "Chaldean thought acted powerfully upon orthodox Judaism and determined the growth of a sect in its midst which was to transform Israel. . . . This sect was that of the Pharisees. . . . What they borrowed (from the Chaldeans) in fact . . . was the essence of the Pantheistic doctrine . . . It was then that was formed from these borrowings that Kabalah of the Pharisees which was for long transmitted orally from Master to disciple, and was, 800 years later, to inspire the compilation of the Talmud, and found its completest expression in the Sepher ha Zohar. . . . This religion of the 'Deified Man,' with which they were impregnated in Babylon, was only conceived as benefiting the Jew, superior and predestinated being. . . ." (M. Flavien Bernier, Les Juifs et le Talmud, 1913). The Jewish writer Bernard Lazare said, "It is certain that there were Jews even at the cradle of Freemasonry -- Cabalisti
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