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Just tuned in. I think Pablo has nailed it in his post at 10.05 today. This is a white flag from Blue Star, they have no funds to further invest in Spay, BLU is inviting low ball bids for its large stake. As usual shareholders likely to get shafted, value will be way below what most holders need to break even. It about time Spay started to hit a lot of these missed milestones. If they do then value should quickly rise.
He's clearly got a screw loose Crawshaw.
Hey EarlofAim. Did you know that last year Wilko had a revenue of £1.4 Billion. How much profit did they make?
SteamyWee, if you look further down, he's come up with a £5m profit figure on those fictitious $11m revs.
Amazing.
EarlofAim - Revenue doesn't equal profit. Revenue is the takings of the business. It is not the net amount after expenditure.
This is the blue star capital thread Earl
Do you have any BLU, Satoshipay or Dynasty fundamentals you’d like to discuss earl ?
I note you’ve posted a link several times, so other than that of course
EarlofAim is the ultimate inverse indicator, if you see him ramping a stock it's time to run
I have no interest in VLS.
Despite it being down 80% YTD, I'm sure you bought in at the bottom 🙄
Buy and keep quite seems does work on some stocks like VLS
Genuine question Crawshaw,
I bet you missed the VLS rise from 0.3p
see what happens when I was unable to to post on LSE bb because of some reasons.
lots of readers missed VLS rise.
Now who wants to miss BLU?
I'll l kepp silent then
Yes Earl, us genuine shareholders will be happy.
You can make your £50 profit and not post here for another six months, that'll be great.
Crawshaw
blu goes up and you'll laughing.... so keep those laughs for laters....
sign is positive that blu should do well from SatoshiPay sale
🤣
I never look at those website sometimes out of date
Earl, show us the FY22 accounts here...
https://www.unternehmensregister.de/ureg/result.html;jsessionid=D21A70C8BF6BFFE42156FAD8ED12107A.web01-1
https://find-and-update.company-information.service.gov.uk/company/09366948/filing-history
I assume you've seen them?
Blue Star Capital
BLU a holding company with a focus on new technologies in payments, media and gaming, issued an update on its 27.9%-owned investee company SatoshiPay.
In its half-year report in June, Blue Star announced that blockchain and payments service SatoshiPay had retained Benchmark International, an M&A advisory company, to produce an information memorandum in respect to procuring an accurate valuation for SatoshiPay and potential expressions of interest for its acquisition.
Today, Blue Star announced that Benchmark has started to approach investors to establish potential interest in SatoshiPay. Blue Star emphasised that there is no guarantee the process will lead to an acceptable offer, and there is no obligation on Blue Star or SatoshiPay to accept any offer.
View from Vox Market
A positive update from SatoshiPay as Blue Star embarks on the process of establishing SatoshiPay's valuation and assessing potential offers for the blockchain and payments service. As of March 2023, Blue Star has invested approximately £1.9m in SatoshiPay, which represents a shareholding of 27.9% of the former's issued share capital, worth £4.3m based on the last external fund raise in 2019.
Blue Star believes that SatoshiPay's valuation has increased materially since that last fund raise. On the back of this progress, Blue Star believes SatoshiPay would benefit from an investor "better equipped both financially and strategically to support SatoshiPay's aggressive growth plans". Therefore, Blue Star has initiated the process of selling its interest in SatoshiPay, expected to result in a considerable ROI. As a result, markets reacted well to the news, sending
BLU
shares 7.7% higher on Wednesday.
I have a feeling This should get interesting later on...
let the Website information do the talking
Make that 8 times hobsy! This is comical.
Argue with the website owner
not me I'm passing on vital information from the website
#Blu
#Satoshipay
@BlueStarCap Mcap £5m 🎯💥
£11m revenue according to this web
Https://rocketreach.co/satoshipay-profile_b59736bdf6c836a3
That's the SEVENTH time you've posted that link Earl.
Thanks for the cringeworthy emojis.
Market missing this vital information on BLU
according to the website SatoshiPay has £11m in revenue
Crawshaw stop denying this website!!!
#Blu
#Satoshipay
@BlueStarCap Mcap £5m 🎯💥
£11m revenue according to this web
Https://rocketreach.co/satoshipay-profile_b59736bdf6c836a3
You're not getting it, are you Earl? They don't know.
They don't exist.
This is painful.
Thheeduke
sometimes gems are right under our noses, just need someone to point out
look at GST last Friday..... we all know how it reacted.
GLA and Dyor before its too late
Crawshaw maybe SatoshiPay accounts exists and you can't find it
how did they come to know then?
Earl I hope your right . . . lol