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Funny you should say that 888 because up to now the market certainly doesn’t think there is any value to Daniel Masters being involved
Personally I think he’s so underwater with his investment here like most of us, he has little choice but to carry on
Perhaps it’s time to take off your ramping rose tinted glasses and see things for how they really are
Oh wait, RNS out… Satoshipay have transacted 0.0001p on spacewalk
Unicorn company incoming!
Lol
Gazzleberry
I think you are forgetting that Daniel Masters is a Director and Shareholder of Satoshipay. Dtransfer and Pendulum are on his watch. Look at his track record. He is no geek and will be providing the business and financial rigour that is needed to make this a major success. He will also have the contacts to get Satoshipay bought out for very serious money. Patience will be well rewarded imho.
Gazzleberry
If you refer to my earlier post you will recall that Dtransfer is the forex payment company already established and that has the potential to be huge utilising Pendulum. Alternatively it will be fine for a large financial institution to take them out at a huge premium. Your top up suggestion would appear to be a good one.
@gazzle
and of course that is your opinion... i respect that !!
i believe the market has to take note once a valuation arrives, be it blu selling a percentage of their holding to facilitate valuation or otherwise. the whole problem here is that we have not had any valuation of assets for 4 years, thus how can market offer a value, yes the market is forward looking but it needs metrics to arrive at a value.
we have a 4 year old valuation for satoshipay and 2/3 years ago for dynasty
since November last year , quality stocks like Nvidia , Tesla etc are up 2 to 4 x , BLU is down 50%
even the relatively small part of my portfolio that is blue star will not revisit AIM again.
i am sure sum of parts is still 0.4 - 0.6 but it is damn frustrating getting there !!! ; )
I'd love to buy some more at this price, but can't put any more in to my ISA or SIPP this year or I would. This is an absolute bargain price. Who ever the seller is, they must have a very good reason, maybe another investment or just need the cash. Now is definitely not the right time to sell.
Todays market cap is about what our investment in Dynasty was worth 4 years ago. Satoshipay etc are free of charge at this SP.
@dukee
you'll have a solid valuation in 6 months dukee , TF did allude to that
its difficult to believe we are revisiting the 0 . teens again, it is what it is !!
Dynasty outlook in results RNS looked outstanding, no valuation though.
Satoshipay outlook, FX in RNS looks outstanding, no valuation though
this , we are assured by TF, will change in less than 6 months.
I truly hope so. I'm a LTH and still cling on to the hope that we will eventually get back past the .45 mark where I invested.
Blubutton has started referring to Dtransfer as MIA. If you look at the Final Results from 7th March 2023 it states:
“ Outside of Pendulum and its linked business opportunities, SatoshiPay owns 100% of Dtransfer which was established in 2019 as a cross-border payment solution on blockchain. The directors of SatoshiPay believe the money transfer market is primed for disruption and the launch of Pendulum is an important step in SatoshiPay entering this market. SatoshiPay plan on reinvigorating their efforts with Dtransfer once the Pendulum launch is successfully completed”
So Dtransfer has not been forgotten by the Directors of Satoshipay it’s just that they haven’t issued a further update so Tony has nothing further to tell us. From previous reports we know they expect Dtransfer to have first mover advantage once the Pendulum project is successfully completed and they will have been involved in the testing.
Sorry thee duke did not see your previous response
Just crap guessing on my behalf but hope all is well
Bit depressing this share
Gla
Someone has clearly had enough of this shytshow, two back to back 5m sells and an 8m
It literally speaks volumes…
Steamy you prob right thee Duke maybe offloading again going back to Tnt who knows
Gla
Tony did say, no raises, so let's hope he's true to his word. I'm thinking this is one seller. I could be wrong.
Hadn't noticed uptil today that Blue Star have updated their website.
Don't think so.Half year repirt :
"The cash position of the Company at 31 March 2023 was £155,563, compared with £113,416 as at 31 March 2022."
More cash now than this time last year and no raise was required then either.
Surely not a raise coming
Some one has bills to pay
As i have said too many times now, start getting on to Tony Fabrizi.
the more pressure you place on him , the more he decides to "break down the doors" on both errant investee's
he's done all he can for now, by starting the sale process. by the look of things the market thinks satoshipay is worth sweet FA and after 7 years you cant really argue with the market, Micropayments (cancelled), Dtransfer MIA, the golden goose (FX) delayed.... there seems to be a theme to Satoshipay after the glimmer of hope in 2022.
as for Dynasty, a.k.a Chameleon, they have gone from taking on the world to shying away from it.
if you look back at my post when we broke .28 to the downside , i did suggest we would go all the way back to 0.12 , whilst hoping that Satoshipay / Dynasty had something uip their collective sleeve, looks like we now wait until end Q3 or Q4 for the valuation process .......... lets hope this doesnt get fecked up !!
Keeps slipping this! I'm not even sure I want to buy anymore. Sell at .135 for 5 million is terrible
It’s all very disappointing
All we get is the same regurgitated statements saying Satoshipay trying to corner x amount of a 6.5 trillion volume market
Or
It is the boards view that satoshipay may have increased significantly
How much longer can shareholders be fed the same speculative old bull for
Copy + paste
Valuations this quarter? I’d have to see it to believe it
TF declared months ago that he would be seeking an independant valuation in Q3. You have done nothing but moan about the need for valuations ever since..just dry up and wait.
Indeed Gazzle
TF is well aware that a vast majority of LTH's have had their fill of waiting for this to come good, as both Satoshipay and Dynmasty seem in no hurry to unlock value.
hence why TF has taken the independent valuation route, and fair play to him.
@ICB888
Well played sir !
Blubutton does tend to over-estimate the significance of his given word on here.Pompous pontificating,peppered with the gloom of a long and arduous bemoaning of his own investment.
TF did say recently that this was worth alot more than people realise, certainly much more than current SP !
But maybe he is clueless and Blubutton really does know better 🤔
It is amazing that blubutton has now developed the ability to mind read and tell us what Tony Fabrizi is thinking. Personally I don’t think he is very good at it. TF has been involved with this from the start and investing in Satoshipay was the main purpose of BLU even to the extent of looking to reverse Satoshipay into BLU to get Satoshipay listed. I don’t think for a minute that he has had his fill of Satoshipay with his decade of involvement. Indeed having stuck with it for this long and returned to run the company post Derek, I am sure he wants to get the big reward we have all been waiting for. I certainly invested in BLU for Satoshipay .
TF is only seeking a buyer in order to put a more upto date valuation on Satoshipay. There is no commitment to sell all or part of our 27% holding slough if the offer was high enough then it could happen. If anyone thinks TF would consider £10-15 million for a potential unicorn don’t expect to be taken seriously.
Tony did say a couple of years ago that he thought it likely that Satoshipay would be acquired by a large financial institution so let’s see if now is the time for one or more to show serious interest. Let’s remember Daniel Masters will have lots of contacts and he hasn’t spent a few years as a Director and Shareholder for fun. He is there to make a lot of money from the next big thing in global FX using blockchain.
It has been a long road but the point of serious monetisation is getting ever closer.
Up 8% at 1600.
Different link to Pendulum everyday and yet we are clueless to what they're worth.
Https://www.ibtimes.com/five-blockchain-companies-innovating-africa-3702116