Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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This is very good news!
Extremely Good News. Tony knows Satoshi Pay and Blue Star Very well.
I expect now for Regular Pendulum NEWS to be issued frequently. As it should have been over the last six Months with Amp wins, and Pen going live with its Polka Dot Auction in the next 6 weeks
I note towards the bottom of the RNS it states Tony doesn’t hold any BLU shares
I thought he held 66m/72m…
If it’s true that he’s flogged them in the last 12-18 months, it doesn’t show that he has much confidence in the portfolio!
SP will move up sharply now. Will add more myself if any are available.
"If it’s true that he’s flogged them in the last 12-18 months, it doesn’t show that he has much confidence in the portfolio!"
Or does it show he didn't have much confidence in Lew...
For me this is very good news. Lew has gone and now we can look forward to the future without him.
With immediate effect. Did he go or was he pushed? Either way it's what many have been calling for as Derek never seemed a great communicator.
GLA
Mr Fabrizi is Blue Star through and Through. Highly supportive of Satoshi Pay, the shareholder Base and very knowledgable about all related to Satoshi pay IE its many excellent products. Just because currently the depressives on here can only whine and gripe that none have produced those elusive £Billions yet. Does not mean those products have been a waste of time. Far from it, they have Led Satoshi to its Holy Grail.
That being Pendulum. IMO everything else in Blues Portfolio is noise, if it comes good or not is of minor importance. When Pendulum comes good, which I am 100% certain it will. It will Dwarf by many Xs Magnitude all else.
Well Done Tony good to see you back.
Would be good to hear that Tony is buying BLU shares and motor the sp north
Great news. Always felt he genuinely cared when he was last in charge.
“SP will move up sharply now. “
Why will it?
Satoshipay are STILL yet to deliver anything substantive
Enlighten me
Slugmum, as negative as I've been over the last few months here, today's a good day with Derek going, so please try be positive :)
Tony's only been back in the hot seat for 37 minutes.
Have a good one all.
Thanks
Oh I am positive Dave
I just like to challenge and dispel some of the baseless ramping which goes on from time to time.
It is pure speculation as to why Tony might have sold his 66-72m shares however the fact of the matter is he currently holds zero.
It would be nice to see him with a reasonable holding because for the benefit of all shareholders we could do with him having the 'owners eye'
Hopefully Tony will have some new found synergy with the current CEO of Satoshipay as opposed to that waste of space they had leading the charge beforehand (meinhard)
Tony will sort it out whoever he is
Agree that it would be nice for Tony to start a new holding here and I'm sure he will.
He had previous back the company and bought in and numerous high and lows.
I do think he will be giving the powers that be a good nudge in the right direction and I'm sure he had a good influence when Derek and the cronies tried fleecing the company recently.
Bowlers, read the RNS, it explains it there ha ha, all good :)
It's interesting how short/selective people's memories are. Lew taking over was a positive at the time, as things were stale/stagnating under TF, with very poor updates.
Returning to TF? iT's dIFfeReNt tHiS TiMe ??
If TF sold his shares shouldn't this have been TR-1d a while back.
reachforthestars - AFAIK - no as he held less than 3% of the company so no need to TR1.
Pablo - its different this time because we're promised jam tomorrow from Satoshipay!
"1% of the payment market means they will be bigger than paypal!"
"Unicorn!"
Cloud cuckoo land more like!
Now well past the half way mark in September and nothing from Satoshipay, now why doesn't that surprise me lol
We should run a sweepstake on how many millions their losses from this year will run in to. I'm claiming EUR 4M loss first lol
Lol. I don't think they'll ever be transparent enough to disclose losses like that but when pendulum is live the transaction/usage will be public.
I'm guessing less than £100 per month revenue, for yet another piece of cutting edge tech that nobody wants, needs or uses.
Until the cheerleaders stop letting SatoshiPay get away with this, why would they stop? Nerds happily coding away, burning cash doing what they enjoy and travelling the world. Never delivering anything with any value and never being challenged? They've got the perfect job, why would they change anything?
Good riddance, DL performance has been disgraceful ..
Pablo - you never did answer my question as you stated you were invested for other investments potential - can I ask again:
Pablo - serious question apart from Dynasty which investments do you see as huge potential, and a brief rationale ?
Slug - could I ask what you are expecting from Satoshipay in September ?
The only two items left for Q3 are Roccoco and AMM Testnets which are just part of the overall developments and not likely to provide any SP value just yet. Pendulum are actually extremely active with development updates via various social media but it is just not stuff that anyone here is taking notice off
Tony Fabrizi will hopefully over the next few days be in contact with investee companies to then provide an update on assets. Also with HL to sort out trading issues with that brokerage. Also looking at replacing directors. Lots of news to come I hope.
Big selling and big buying!!! Is Tony buying those shares !!!
And can I just say that with the completion of Ethereums merge, they are still a long way from providing the scaled up services that they wish. Pendulum are in a great position to create services before many in the sector.
Ragnarr, you raise a good point, I had completely missed how bad things have gone for Blu.
The Blu website and the Half Year report in June still claim that Blu has 11 investments.
But taking a look at the eSports companies, most have folded. It looks like Blu's portfolio is closer to 5 than the 11 they claim:
https://bluestarcapital.co.uk/portfolio/
My parting gift to DL might be a complaint about the misrepresentation of the company. An out of date website is poor, but making the same false claim on a financial return is bordering on fraud
"Our current portfolio consists of 11 innovative, disruptive, global businesses "