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Nyota Minerals Share Chat (NYO)



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beton2
Posts: 151
Opinion:No Opinion
Price:0.00
RE: Ube share certificate
16 May '19
They are still ticking away. Most token sales will happen in the last few days. They have enough with the sales to date to start promoting the FTB business with the listed tokens on two sites.
 
bratt90
Posts: 24
Opinion:No Opinion
Price:0.00
RE: Ube share certificate
14 May '19
You blokes need todo a bit of research they have raised 1.2mill usd from their IEO on latoken so far

https://latoken.com/ico/ETH-UBE?utm_source=logo&utm_medium=referral&utm_campaign=[LA]_[Trading]_[ico]_[ETH-UBE]_[OUT]_[UBECOIN]_[Website]_[Logo]
bennvb
Posts: 75
Opinion:No Opinion
Price:0.00
RE: Ube share certificate
4 May '19
Who's your mate? I think your right with this though. Not feeling confident of a recovery.
Lordbryon
Posts: 296
Opinion:No Opinion
Price:0.00
RE: Ube share certificate
3 May '19
There as good as gone from what my mate thinks

I have had a look and id unfortunately agree there only hope if they cant get investors would be to list vi /jpjenkins.com for unlisted securities but then I would say that a rto would be gone

but then if they cant raise the cash then there as good as gone
Bongobondhu
Posts: 1
Opinion:No Opinion
Price:0.00
Ube share certificate
30 Apr '19
Hi guys, three weeks a go received a letter from my broker.saying you will soon recieve share certificate.but so far I haven't.does anyone got certificate.many thanks.
Alex_ander
Posts: 20
Opinion:No Opinion
Price:0.00
RE: ube share certificate
15 Apr '19
This does not sound encouraging.. whats the plan now?
beton2
Posts: 151
Opinion:No Opinion
Price:0.00
RE: ube share certificate
14 Apr '19
Get in touch with the company. They have been hamstrung for funds. Firstly because of red tape they could not raise capital for the RTO. Unless they had spent $2-300K on paperwork so that the retail shareholders in UK could participate. Then most of the UK holders are with brokers and the brokers have not been passing anything on.

Ube had no funds but they had a person who promised GBP5M. It did not come. The ICO did not work nor did the TGE. They have raised a little money for the listings on a listing or no money basis.
Lordbryon
Posts: 296
Opinion:No Opinion
Price:0.00
ube share certificate
13 Apr '19
Got a message from a friend who had shares in the old nyo and as I dont I really have no info on it be he got a letter stating his ube shares were getting transferred to paper certificate and that jarvis were no longer holding them in is online account

anyone else know what this means so I can let him know he did say he would register and ask at some point ?
beton2
Posts: 151
Opinion:No Opinion
Price:0.00
RE: Ubecoin is now on an Exchange
13 Apr '19
beton2
Posts: 151
Opinion:No Opinion
Price:0.00
RE: Ubecoin is now on an Exchange
11 Apr '19
Latoken EOS is now live. The intention is to flow with these two EOS and then an intention to list on a stock exchange (LSE). There will be a rush on so that the IPO does not flow into Christmas.
Kwd1
Posts: 22
Opinion:No Opinion
Price:0.00
RE: Ubecoin is now on an Exchange
10 Apr '19
So no list this year whatsoever. Well hopefully something will happen soon and I get some return on the substantial amount I invested. Thanks for the reply
bratt90
Posts: 24
Opinion:No Opinion
Price:0.00
RE: Ubecoin is now on an Exchange
10 Apr '19
That is a definate no thet dont have the money to send notices out for the consolidation let alone list on the LSE thats if we can list on it will be lucky if we list on anu stock exchange this year but the only positive now is that BTC is rising steadily andnit needs to continue and that will help get interest on the stock market
Kwd1
Posts: 22
Opinion:No Opinion
Price:0.00
RE: Ubecoin is now on an Exchange
9 Apr '19
Are we still looking at June to being listed on the London stock exchange?
beton2
Posts: 151
Opinion:No Opinion
Price:0.00
RE: Ubecoin is now on an Exchange
8 Apr '19
They will also be on Latoken. The Ubecoin website has been upgraded. The company is starting to move. Buying tokens is one way to support your investment. Another way is by contacting the company and see it you can invest directly. Who knows.
Alex_ander
Posts: 20
Opinion:No Opinion
Price:0.00
RE: Ubecoin is now on an Exchange
8 Apr '19
If BTC price will continue to rise as steady as last week the timing could not have been better
bennvb
Posts: 75
Opinion:No Opinion
Price:0.00
Ubecoin is now on an Exchange
8 Apr '19
Just seen that Ubecoin has just launched on OEX Exchange. Will this mean good news for us here? Any one got any decent information?
Terowno
Posts: 11
Opinion:No Opinion
Price:0.00
Going Forward
31 Mar '19
Thanks bratt90, for the info will they RNS it?.
bratt90
Posts: 24
Opinion:No Opinion
Price:0.00
RE: Going Forward
29 Mar '19
should have a corporate webpage up by Monday week mate
Terowno
Posts: 11
Opinion:No Opinion
Price:0.00
Going Forward
13 Mar '19
Hi Beton2

Its been a while since you last posted, as most of us on here rely on your updates it would be nice to here from you. If you have time.
beton2
Posts: 151
Opinion:No Opinion
Price:0.00
RE: Going Forward
19 Feb '19
All is still on track. It is a very tough market out there.The problem all stems to money and red tape. And what comes first. They have next to no funds. Irae only had enough to do the deal. Ubecoin had nothing. At the time they had a promise of a wack of cash which did eventuate. The ICO did not fire and the TGE is confirming that the big money has moved on. The consolidation has happened, the name has changed however the notices have not gone out. This is purely monetary. It costs to send the notices out to over a thousand shareholders. Selling the tokens is the least dilutive way of raising the cash.

Red tape prevents them from certain cash raising methods. It restricts them to the sophisticated punters. Thus what money that does come in must be prioritised. The notices are near the top of priorities.

They need to be able to market which means money. They need to list the tokens on an exchange which takes money plus a number of tokens in circulation. They really need the tokens on an exchange to have the free trade barter model to work efficiently.

I am still confident that they are going forward even though it is slow.
Cavendish
Posts: 23
Opinion:No Opinion
Price:0.00
RE: Going Forward
19 Feb '19
My shares are with AJBell and they changed names to "IRAE Investments" then back to "NYOTA MINERALS LTD NPV" about 6 months ago and have just sat there ever since at £0!!

Just sitting and waiting still.......
MattyBoy1965
Posts: 684
Opinion:No Opinion
Price:0.00
RE: Going Forward
14 Feb '19
Hi beton2

Having only just noticed that my "holding" in IRAE Investments Ltd has now been transferred without my knowledge or consent in its entirety from my HL Stocks & Shares ISA into my HL Fund & Share Account, I have today called them for an explanation.

Hargreaves Lansdown informed me that these shares have now been "de-listed", and as such they can no longer be held in my ISA, hence them being moved.

Please forgove my ignorance, but is this true and if so does this mean that everything has now gone "pear shaped" and that we have now finally lost all of the money we had invested in NYO, or is everything still on track, as previously discussed, for later this year?

Many thanks

MB
beton2
Posts: 151
Opinion:No Opinion
Price:0.00
Going Forward
28 Jan '19
UBE has a good business model, it just needs promotion to put it out there. Promotion takes money. Irae did not have any money nor does UBE. Enough money was put into Irae to get the deal done. The intention of Irae buying into UBE was relisting. That intention must remain and all steps must be taken to enact the relisting. So UBE must raise money to (1) stay afloat, (2) promote the business model and (3) relist. It can get money from money from various sources being (1) the TGE/ICO , (2) shareholders, (3) new investors or (4) new partners. The TGE is selling the UBE token, this is our best option. Reality is that the TGE must raise at least $US 5M . Each money raise has to have a minimum amount and a maximum amount raised. If the amount raised does not reach the minimum then all money has to be returned. The good news is Ube has sorted out the minimum raise, so all money raised will remain with us. Currently the TGE is being presented to high nett worth US investors by a TGE manager that has done this many times successfully. On completion of the TGE, the UBE token must be listed on a crypto exchange and a market value will be given to the token. Remembering that UBE has 2.6B tokens. Please go to Pure Reports and see their valuation of UBE. The UBE token has a useful purpose and is 100% compliant to all current legislation. One of the few cryptos that are. I have always maintained that the present shareholders (about 1000) should be given the opportunity contribute to the success of the company. Due to cost and FCA requirements the UK based shareholders were not able to participate in the OIS which allowed us to buy into Ubecoin. The Ubecoin deal required us to consolidate. The consolidation and the subsequent takeover allows the company to clean up (have a minimum holding to continue (some shareholders have 1 share, a large number have less than 100)) the register AND legitimately offer all shareholders the opportunity to top up their shareholding to above a marketable level of shares. This is the best way forward for all shareholders. Also there is nothing stopping any existing shareholder from contacting the company and saying that they want to increase their shareholding. Particularly UK based shareholders as listing requires the 25% holding in EUA hands (I don't know how Brexit will affect this). I do know that a good deal for this initial funding is available. To list and do an IPO a pre-IPO is done which has to be done by Ube. This is done without the usual rules by going to sophisticated investors wanting a great deal before the listing. Which is a Catch 22 situation. A partner deal is in no ones interest.So the shares have been consolidated and they have been changed to Ubegroup shares. They are just needing to have enough funds to pay for notices to go out. And in those notices should also be an update and in my opinion a top up offer. In the interim take part in the TGE /ICO and see if
Cavendish
Posts: 23
Opinion:No Opinion
Price:0.00
RE: Still Really Confused Here!
27 Jan '19
so when they re-list on AIM, we should see shares updated to UBECOIN? but untill then, sit tight?
beton2
Posts: 151
Opinion:No Opinion
Price:0.00
RE: Still Really Confused Here!
27 Jan '19
I spoke with them on Friday. A board meeting this week. They are expecting a little bit of funds next week which will allow the consolidation notices to go out. I spoke to them re a top up facility in which existing shareholders can top up their holding. to be included. The TGE has started getting some momentum. One of the requirements that the broker they are looking at for the listing requires is that the pre IPO funding must be raised via UBE themselves. One of the LSE requirements is that 25% of the shares are EUA held.




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