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don't necessarily agree gazzleberry
a CEO shareholding/ "owners eye" is a prerequisite to investment to my mind.
on this occasion however, TF has skin in the game, he is at least seeing this through to the end , monetization.
Lew was a disaster, he's overseen carnage at the crock that is Guild and sadly here at blue star with his indolent approach.
things get better from now on, as valuations now have to appear on an initial basis, for both Satoshipay and Dynasty, then over next 18 months to 3 years get a final valuation as stake sold or either/both companies IPO.
Sorry meant to say click on the Rococo chain (top right) to see the current Amplitude network
Anyone wants to see the Parachain network Amplitude is connecting to
https://dotsama-channels.vercel.app/#/polkadot/acala/assets
A little preview of some Amplitude dashboard development
https://master--pendulum-portal-alpha.netlify.app/amplitude/collators
Hope so steamy, I think a few more here are in the other share too so we all want the same thing, at least as yourself and Gazzleberry have said now Lew has gone we hopefully get this one moving north and the other can take care of itself.
I agree with you Gazzleberry " good riddance to bad rubbish "
Onwards and upwards ATB
Gazzle - What's your take on how Tony is to be remunerated? According to the change of directorship RNS he has no BLU shares. Also in the Vox interview he states no fund raise for at least 3 years, but we know cash is relatively thin on the ground to last that long. Personally, I'd like to see him get some skin in the game. Surely he has to in order to get paid at some point? Unless he's awarded on the performance of the company strategy?
Absolutely Colin. It's about time we had some attention on this share. Lew just didn't care and did the bare minimum. Like you say though, he was quick to dish out a speeding ticket. Rightly so I suppose, but with all of the other info lacking, no updates, and with redundant investments still listed on the website etc, it all seemed a bit one sided.
Onwards on upwards! Just a waiting game now, but I feel based on the great companies some of the investees are, all will come good. Hopefully the other share we're both invested in will too ;-)
ATB!
Was good interview steamy, exactly what is needed here, finally someone that communicates with shareholders. Pity Mr Lew didn't do that more often instead of us guessing what might be, he was quick enough when we were in the high .50s to put a stop to the rising share price but did nothing to stop the slide
ATB to what could be a great time now we have a ceo that cares about us shareholders.
he's = Lew's (that's what happens when you're typing on two keyboards at the same time! lol
}
Can't fault Tony so far. Real breath of fresh air. Thank heavens he's gone. Down to proper business now.
GLA
Just about at .13s to sell.
Dreadful and desperate.
Come on Duke get it over with it if it’s you
Definitely a buy signal prosper.
May as well wait until ( from what it seems like) Derek or Mark selling at a loss and get some cheaper stock.
Listened to Tony's interview and I'm sure, as everyone else here will agree, the future does look like it's in safe hands and with someone who cares about shareholders.
Just need to get shut of the lousy selling and thins will climb.
Good luck all.
Lew gone is a buy signal as someone said few days ago
Excellent podcast following up on his RNS statement. Very clear where he intends to take this focusing on Dynasty and Satoshipay. I get the impression he has reasonable expectations for Guild but he will exit I would expect once it has recovered and we can bank a decent profit. BLU are not going to raise any new capital and the proposed share options for Directors will not kick in until 0.35 compared to current sp of 0.15 and current NAV of 0.24. The intention is to cash out what he sees as very profitable investments in Dynasty and Satoshipay over the next 2to 3 years and then to ask shareholders what they want to do with the cash.
Personally I think this is a great strategy to allow shareholders to realise the full value of their investment.
Welcome back Tony.
Just listened to it, well worth a listen, this is what has been needed for soooo long. Take note Derek, this is how it is done.
well worth a listen - link will not show up on LSE
Steamy - I think it is clear that events have affected the proposed Dynasty IPO timescale. Firstly it would be madness to attempt to do so the current Bear market, and with the growing number of partnerships I think it is the correct business decision to have delayed and concentrate on the growth to achieve a far higher valuation in the longer term. Frustrating for holders in the short term and certainly a large contributing factor in the SP decline as most expected something by now and Derek Lew just let the uncertainty continue.
Tony has now made the situation very clear with a 12/18 month roadmap and with the following comment made I do think patience will be rewarded (especially at the current SP)
“In terms of new business, Dynasty has a large number of contract discussions ongoing with large global telecoms operators and tech businesses. The scale of these contracts is expected to be significantly larger than the company's existing partnership agreements and, if secured, will position Dynasty as the global leader in B2B white label gaming platforms.”
No RNS this morning!!!
Tony must go.
Can't believe he's left us with such a long dry spell of no news.
Jees.
TR1 Inbound??
you often get good (very high) discounts especially on illiquid assets, try KR1 for similar
Just read the update RNS. An excellent update, exactly what we wanted to hear. Thank you TF. We could easily be looking at multiples of 0.24p share price within two years
Shifty1 - Yes, I read that between the lines too. No mention of the IPO / sale. Could be a good thing if the contracts are coming in. Even better if there is an IPO / Sale after that.
At this current share price, this is a no brainer to get involved. Very undervalued.
Clever wording with regards dynasty. Seem to be back pedalling on the ipo and takeover route and just say they’ve got potential bigger partnerships lined up.
agree with your thoughts gazzleberry
and yes indeed it does show what an absolute waste of rations klew was...
whomever the peasant was that asked me to stop going on about Lew a while ago, hope you have different thoughts now, as TF has shown how and why shareholders must be kept apprised. something Lew was incapable of.
i am only invested for Satoshipay and Dynasty , and believe they will bring superb rewards with a fair wind.
divest of all the other crap, Guild, NFT etc and write off the "ghost" investments , googly et al !! the company then has sufficient cash to function and we await just what pendulum satoshipay has to provide in Q4, this is when we expect the polkadot parachain if memory serves, this facilitates dtransfer and thus the infrastructure is then complete, we then need a valuation of satoshipay prior to end of this Year and hope that Dynasty too get on with either an IPO or sale, really dont want to have to wait another year for this, but they will do things in their own time, obviously Dynasty business is booming !!!
Excellent update and thank you to Tony for been 10 times more efficient than Derek ever has been.
It was quite clear he wasn't interested in us shareholders.
The future certainly seems extremely bright now.
Once this seller is finished, think we know who it is then I can see this steadily move up again.
As said yesterday, can we go for a 4 day RNS?
Come on Tony ha ha
Thanks