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Not sure what you are expecting from satoshipay - as I have said on several occasions Pendulum/Spacewalk/Nabla is completely dependent on Defi/crypto bull market for financial progress - 2024/25 imo so from a personal point of view I sincerely hope Tony delays any valuations until then
Sub £5 million MCAP is bonkers - We own 13% of Dynasty, but fook me we need something to happen
Crispin Tristram
COO & Co-Founder of Dynasty Gaming & Media, Crispin is a seasoned technology and media executive with over 20 years in digital media, telecommunications and gaming. Predicting a huge opportunity in gaming for telcos, Crispin ideated Dynasty’s revolutionary whitelabel gaming and media platform – which brings together the entire gaming ecosystem into a single, fully integrated solution. With several high profile platforms already launched, combining community, competition, player engagement and monetisation, Crispin is piloting Dynasty into semantic web with innovative AI and blockchain technologies.
Prior to Dynasty, Crispin created Southeast Asia’s most popular gaming and esports platform – Dunia Games for Telkomsel Indonesia, with 35M MAUs.
No RNS? 😂
Yet another ******* quarter down the swanee for Satoshipay
I bet at Satoshipay HQ they all still want paying at the end of the month!
What exactly are they being paid to do ?
It’s a disgrace and I’ve been saying this for weeks, months, if not years now
Read the RNS that starts with this:
“ RNS Number : 1112E
Blue Star Capital plc
28 June 2023
28 June 2023
Blue Star Capital plc
("Blue Star" or "the Company")
Half-Yearly Results
Half-yearly Results for the six months ended 31 March 2023
Executive Chairman's Statement
I am pleased to report Blue Star's half-yearly results for the period ended 31 March 2022.
Highlights
· The Company's two principal investments, representing approximately 94% of the portfolio's value, continue to make steady progress. No new investments were made during the period.
· The Company incurred a pre-tax loss for the period of £1,165,942, (H1 2022: loss £996,806).
· The cash position of the Company at 31 March 2023 was £155,563, compared with £113,416 as at 31 March 2022. The value of the portfolio of quoted investments held by the Company at 31 March was approximately £147,000.
· The NAV per share as at 31 March 2023 was 0.2p.”
If you carry on reading it you will find information on all the investments but considerable detail on Satoshipay and Dynasty.
STL, That I think is an accurate enough summary. I am just going to hold on to these shares in the expectation (hope) that Dynasty will continue to make gains in its market share , expand and finally float via an IPO on NASDAQ. SPay is clearly behind its target timeframes. Cracking the decentralised finance nut maybe harder than expected. So there is no guarantee there. It could take another 12 to 18 months to realise value here. Just my view.
Guys - as a long term holder of BLU but someone who hasn't been following the ins and outs too closely in recent months, could you help me be commenting on whether this synopsis is roughly accurate:
1. Back in the Derek Lew days we had a portfolio of 6-8 speculative investments.
2. When Tony resumed control he basically narrowed this down to two that had potential - Dynasty and Satoshi - and undertook to value and then sell these investments.
3. Informed speculation on these boards around 6-12 months ago was that Dynasty could reasonably valued at (very roughly) 0.15p per BLU share and that Satoshi could be anywhere from zero to 0.35p per BLU share (or conceivably even more).
4. Therefore BLU shares which were trading at around 0.15p to 0.20p at this time could perhaps be worth at least 0.40p (underlined by the share options granted to the directors at approx 0.35p).
5. Since then Satoshi/Pendulum (I don't understand the technicals of this) has disappointed and may not be worth much at all, particularly with crypto and blockchain out of fashion currently.
6. Dynasty seems to be doing well based on user numbers but not much tangible information is available and an IPO and/or BLU exit seems distant still.
7. Therefore BLU shares have fallen to arounf 0.1p which is basically a reduced Dynasty valuation component and practically nothing from Satoshi.
Is that a fair and objective summary? I'm not trying to wind anyone up here, I just want to decide what to do with my holding without reading through 1,000's of old posts, many of which I don't understand. Thanks for any comments you can add.
Thanks guys really appreciate the good advice - I’m just praying this all comes good for all of us so we can move on to whatever we want to do next and hopefully hold on to it and not keep buying shares and enjoy this short life especially in the strange times we are living in
Make sure you have enough income to cover your futures expenses or your stress will just keep on increasing.
This kind of stock is only with spare capital.
Genuinely hope it all works out for you.
Blue can move quickly at times but it does feel very desperate right now.
Nothing for a while.
Didn't even have an RNS regarding AMPE going live.
Many are now waiting on Dynasty, but again, get scraps of info from them.
Tony's hands are pretty much tied as annoying as that is.
Thanks
Thanks all let’s see what happens
Thanks Dave TK - Yeah I did dumb as hell - bought into a whole load of stock , this, kr1 , boil, gst etc - only got myself to blame really - wish they would go up and I just sell and call it a day to all this - god it is stressful
Hi Momoni,
Exactly what Ragnarr said.
No idea who is selling at this level, but it doesn't surprise me.
People have all sorts going on in their lives.
Tough world out there and I'm sure whoever they are selling will feel justified knowing they're selling at near all time lows.
Thanks
"I have remortgaged on this"
You can't be serious, surely?
Related industry info both gaming and crypto.
https://www.ccn.com/news/microsoft-crypto-wallets-xbox-boom-crypto-gaming/
https://uk.sports.yahoo.com/news/microsofts-msft-activision-deal-moves-170200060.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvLnVrLw&guce_referrer_sig=AQAAAHtaMcXwOMPb-xb7Zx18iC5K3ggrUOv1kuOswQ9jhThKJKW5SUZG9Mm3dWOl6GksZeRMHsGvLFd7gQJJYy3_PAtwJBFAoKhjt3s4cHwHvIjjTN0mVknWLHLUTipzqYIyvlZsGG9Q--NDcYNHBzh8NU2umnNZcwUZFwyanawcD6XD
Momoni - Im not in the business of giving advice or making predictions - just because I hold and believe in the future potential here doesn't mean I’m right - all I can say is dont invest anything you cannot afford to loose.
Guys help me out raganarr, theeduke, Dave Tk
I know the crypto market is bearish and all I see is sells but is there a chance that this will be ok - blutbutton and Lond West welcome to your comments I have remortgaged on this - stupid I know and down like most
Very disappointing to see that this shoddy and embarrassing performance by BLU and its investees is being tolerated and accepted by this laid back investor base!
I would like to take this opportunity to remind you that it’s YOUR money invested here!
Daily volume is absolutely appalling taking into account the fact that one of our investees is allegedly on the cusp of delivering something major!
You'd guess so.
Soon?
When trying to see what Dynasty are actually up to I rotate between the below sites and do a little googling from time to time to see what comes up.
https://www.metakit.games/ - tie up with Pioneer for web3 gaming.
https://www.dynasty-esports.com/ (there own website)
https://paidiagaming.com/home - they use dynasty tech to run their (or some of) tournaments I believe (and blu own a tiny bit of them)
https://twitter.com/PaidiaGaming
https://platform.googly.gg/home (India mobile gaming tournament platform)
https://play.google.com/store/apps/details?id=com.googlymedia.app&referrer=googly
https://sg.linkedin.com/company/dynastygm
https://gg.letsplay.live/home (probably the most interesting news in awhile from them)
I find almost nothing to indicate big money/progress (metakit site not changed since the site was set up, their own site hardly changes / provides news and Linked In rarely used to update ).
The Lets Play site is fairly active, but doesn't seem to have that many engaged when you look at the leaderboards / teams and latest videos to watch (mostly from 2022) - and even then what is specifically related to Dynasty on that site?.
Googly mobile app only has "1k+" downloads, paidia seems quite active and ties to Xbox, but only a few k followers on Twitter and their tournaments are not heavily participated in, I have been invested in Blu mainly because of Dynasty but it is not easy to see if they have really gained a foothold within gaming and esports.
They gave some great interviews a couple of years ago, but does anyone have any clearly evidenced significant traction/progress with their platform and business they can share / explain (other than the links above and RNS output by Blu).
Gaz - sounds like she was a top human being.
Just had another thought though - as you are now a grown up you shouldnt trust yourself either :-)
You beat me to it ragnarr !!
HOWEVER, fair play to you Gazzle.
everyone must follow their own beliefs and processes, if that's yours then that's up to you.
i post my thoughts, it enables me to gain clarity in my own process and post what i believe might be a way forward, i am not looking for validation or following, i could not give a care.
as ive posted many times, i realise better than most, its just me versus the market.
Gaz - the only problem with that philosophy is that unfortunately your dear granny was a grown up.
😬
@Gazzle
Why would anyone not believe Dynasty IPO was forthcoming, they were doing this in Q4 2021. then came war, cost of living, intertest raters, IPO market locked. etc...
a company such as Dynasty need the IPO to facilitate expansion.
i for one believe it is a must in the short term, now IPO market has reopened .
we will soon see.
Well for all ours sake I hope he adds some value to the business!