Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
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Moon in June.
In around 6 months, should be good for 100% return from the last traded price. Exit at 9.5p
Since this is crypto, when moon?
No bother
Sorry Earl, predictive dumb txt, not trying to steal your thunder, good find by the way
Guy just tweeted this
It's not new but may well have been missed by many.
This which has an interview with Chorum /Arqit / Cordite guys, it explains some things like Arqit is a partner of Chorum etc
https://twitter.com/DeanoG78/status/1083017074685956097?s=19
Confirmation of deal must surely come soon. It's been 2 months (and a very long wait overall @ almost 12 months for some of us). I don't expect to relist yet but knowing there is actually a deal would be nice, as we could relax a bit once we know this is real.
Agree with that Paul, hopeful for news soon even if to just suggest deal is signed
whilst Cordite is polished up and finance structure is done.
Please BOD let us know.
This could all be the perfect storm for a very fast growth company! I think this is the only blockchain company targeting the super secure com's for big boys bank world. Notice how Qinetic have their foot in it as well. The tech will be massively in demand for the military. Just need confirmation of the deal! ..but I m thinking they wouldn't have taken two months nearly to gain a no deal situation .Should be dotting the i 's and crossing the t's now surely?
Seems like times running out
Yes of course valuation also matters in determining share structure. Sorry, didnt explain myself well. My main concern would b how many shares they create. Fingers crossed for news tomorrow....
Does need clarification.
I see ArQit as the factory and Chorum as the front of house sales team.
Interesting that David Williams is a director of both companies.
Haven’t seen anything yet to indicate that chorum owns ArQit though, or does chorum just have an interest in the ArQit project but not the company itself maybe?
L.
Let's hope so SW but no one here really knows that answer.
Still nice to see the board living up
But without an mcap you can't work out what share structure to issue in the first place and without either of them you can't have a Share Price on listing Aim so actually I think it does matter.
Great posts today.
I take it we are closer now ??
To infinity and beyond to planet neo and back.
Share price is what matters not mcap remember!
Imagine the mcap once satellites hit space, rocket emojis ahoy !
On 31st August 2018, the European Space Agency via its Directorate of Telecommunication and Integrated Applications signed a contract with UK based start-up Arqit Ltd, to develop the first European Quantum Key Distribution Satellite (QKDSat).
QKDSat is a highly innovative project, the first of its kind, which will validate Quantum Key Distribution via satellite technologies. The contract also covers the development of service delivery through a pre-operational deployment, prior to an envisaged full global commercial service via multiple satellites in the near future. The installation of further Ground Optical Communications Terminals to support the projected market needs is also foreseen in the agreement, which was signed at ESA’s European Space Research and Technology Center, Noordwijk, the Netherlands.
The industrial consortium led by ArQit is composed of European leaders in their field, such as QinetiQ of Belgium, BT of United Kingdom and Fraunhoffer and Mynaric of Germany.
(Just some billion pound companies)
The contract will enable the industry of ESA Member States to take the lead in an important, new and growing field of secure communications. The programme is expected to result in considerable additional and recurring business for the satellite operator, ground segment providers and prime manufacturers, by putting European Industry in a strong position to capitalise on their acquired expertise and to target the global market of secure communications
ArQit is a Chorum project so they own it.
Agree with ffsapa, I won't be selling these on relist either. Prospects are huge.
ArQit has 5m towards its Quantum project from the Goverment already.
If they realist via Bloc then I believe 1.2m in the bank so about 6.2m before factoring anything.
If listing happens here I can't see more than 60m shares being issued on relist.
The more shares in issue the worse off the company is and I'm sure Chorum directors are fully aware of that.
The Bod had 50m shares in issue when they brought Avanti Comm to market, with 12.5% in issue for employees and finance companies with £2.50 per share.
Overheads in that company meant lots of shares where issued over the years but it still reached above £7 per share with these bod running the show.
Obvouisly nothing above really means much here but I for one like to better myself and I imagine the same for most people.
We will have to wait and see but with Docs in passing stages for Cordite 0.3.7 Maven and the supposed Mainnet listing Q1 I don't think your have to wait to long to find out.
There is every possibility that Chorum comes to market before Cordite is done which has a roadmap of April finish though it could also be closer than that.
Will need a mcap before working out the shares, if Chorum comes before Arqit ico and Cordite then mcap will be be much higher when they do so I would be holding.
Hope it happens, GLA Blockheads
With all due respect, how are they a 'global leader'? They havent really started yet! What we have is a good idea with some existing traction - in arqit specifically - and a good team behind them and chorum. The exact nature of the link between the 2 still needs further clarity as it's chorum itself we are targeting.
Personally, I‘ll be looking to add upon re-listing. This deal is potentially one of the most exciting prospects I’ve come across in 20+ years of investing. A global leader already attracting multi-industry partnerships and government funding. Happy to watch this unfold over the next few years and hopefully fund my retirement!