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Tonyās already talking about winding down the company so I sadly doubt Satoshipay have anything to offer
if youāre expecting a fairytale ending hereā¦ then youāre going to get a rude awakening
hobsy you are just jealous
we are all heavily in the red here - except for short term trading opportunities weāve all lost
404x - Now it's "a sales process which may or may not lead to an offer".
It's always said that. 15th November 20230 "The Board wishes to stress that the process may or may not lead to an acceptable offer for the sale of part or all of its shareholding in SatoshiPay and Blue Star is under no obligation to accept any offers received."
In January they said about Satoshipay that feedback was "encouraging and the Company Is pleased with progress to date".
Now it's "a sales process which may or may not lead to an offer".
Seems a bit bleak and even the updated NAV now looks wildly optimistic. Credit to Slugmum2000 for seeing through the bs here, without those home truths this is just the kind of stock rampers would have otherwise had a field day with.
Even if by absolute miracle Satoshipay hold their lofty 2019 valuation, itās worth approx 0.1p to usā¦
There are no winners here. Iād rather be proven wrong by the nonsense talkers and make money rather than have this situation
The only nugget from todays report that might not be a lump of turd - "Nabla launching Soon".
Otherwise pretty poor as expected - personally I am not selling here - until later in the bull run for cypto anyhow.
Very depressing to re-read impact of Dynasty - not just their business but also the dilution of Bluestars stake to only 2.3% if all options and warrants are taken.
I will await a Satoshi pay sale update but depending on Nabla launch that may be it for me.
Taken from todays RNS
āOur focus is on securing an attractive offer for our shareholding in SatoshiPay later this year at which point the Board will consult with shareholders over the Company's future."
I take that as winding down BLU
Unless Satoshipay can do the unthinkable (donāt get your hopes up)
Dtransfer was mothballed -so again, although I was shot down about that at the time - I was right about that also
The writings on the wall
Taken from the 15/11/23 RNSā¦
āIt's the Board's belief that while SatoshiPay has made significant progress in recent years, it would benefit from an investor better equipped both financially and strategically to support SatoshiPay's aggressive growth plans. The Board will update the market on this process in due course.ā
Why do they need more money ?
Weāve not had a substantive update on Satoshipays shenanigans, so the in due course part is nonsense
Taken from the 16/01/24 RNSā¦
āBenchmark has advised that the initial reaction to the investment memorandum has been encouraging and the Company Is pleased with progress to date.ā
Pleased with progress? What progress? Itās been over 2 months since that RNS and heard nothing since.
No matter what they are, desirable things donāt take this long to sell
Itās time to shut up shop and call it a day. These numpties arenāt doing anything in a month of Sundays. Years, and years, and years of producing f all
Wasnāt March supposed to be heralded as the month when they deliver ? Yes thereās a few days left but thereās little chance of them bucking the trend of their shambolic performance
Taken from 28/09/22 RNS
āFor the reasons highlighted above, the Board believes there is significant scope for this figure to materially increase over the next twelve to eighteen months.ā
Note within the RNS how Dynasty was listed BEFORE Satoshipay
Pendulums 2023 roadmap Q3 has āAuditā as a completed task. The more I think about it the more the audit likely showed they had nothing of substantive value, hence the radio silence.
We are racing towards the end of Q1 yet still, their H1 2024 roadmap has nothing marked as complete.
I said the exact same at the end of Q3 and Q4 2023.
They canāt even be bothered to segregate their roadmap into quartersā¦ just H1 and H2. Not exactly a difficult job, is it?
Always appreciate your input Ragnarr. Do you think we are headed for extinction or a happy ending?
Whatās going on with the big holders here? Has duke sold out but nick still holding around 10% of the shares here?
Donāt tell me - weāre looking at yet another week down the swaneeā¦
Iām not selling now
Iāll go down with this ship in a blaze of disappointment
Tonyās pledge to the market in September 2022 has 11 days left
Heās running out of road
Youāre full of ifās butās and maybeās hobsy
Satoshipay holding their 2019 valuation?
If they were asset stripped for parts theyād have not much more than a few powerful computers along with a few desks and chairs
Iāve picked on you only a couple of times this year - hardly an obsession, so donāt flatter yourself.
The purpose of this board is to discuss the shortcomings of blue star capital and its investees
If you want to be taken seriously- and not as a moron- then work on your basic spelling. I think you mean 'lose' and 'losing'.
Although 'loose' change is certainly what will buy you a decent wedge of shares in BLU at today's price, sadly.
Itās a mess
Hobsy are you still going for your 2p in 12 months which you claimed in November 2023? Itās a stark contrast from what youāre saying today
It would probably be a good idea for the government to stop AIM trading in trading ISA's like it used to be, to many people are being shafted by AIM companies and are loosing their nest eggs, it can be life changing in both ways but most of the time people are taken to the cleaners, It is called the wild west for a reason. This company is disgrace, feeding positive RNS one after another and look where it is now, the rampers have run for the hills, no one wants any even at this price ,that speaks volumes for Satoshipay's value. Tony had a plan to value Satoshipay and Dynasty and get the money back to the shareholders, it has turned to this mess and still silence. Total shambles.
Hopefully it does not get that bad
Last one out remember to turn the lights off
Gla
He probably guessed the bad news coming and was probably the big seller (presumably at a big loss) several weeks ago. Where will the bottom be? :(
Whatever happened to The Duke?
We are dying a slow and painful death here
Satoshipay just talking about tech and taking over the world, without anything business related whatsoever
Everything sounds great in theory, but theory without application and execution is not going to get them anywhere
Amen to that - had to learn it the hard way, repeatedly!!
GLAH
dave
they taking the **** worst share i own looking like gonna have the except its staying like this for awhile now not worth selling def not buying but thatās me
gla
Spread isn't helping is it... Jees 33.33 %
The way the SP is plummeting, itās going to be tricky to know when to average down!:(
People that average down on shares, and almost certainly in this one, are usually just throwing good money after bad. It seldom works and is generally a foolish way to invest. Averaging up is usually more successful, in that youre going with the trend and have successfully picked a rising share.