London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Taken from 28/09/22 RNS
“For the reasons highlighted above, the Board believes there is significant scope for this figure to materially increase over the next twelve to eighteen months.“
Note within the RNS how Dynasty was listed BEFORE Satoshipay
Pendulums 2023 roadmap Q3 has ‘Audit’ as a completed task. The more I think about it the more the audit likely showed they had nothing of substantive value, hence the radio silence.
We are racing towards the end of Q1 yet still, their H1 2024 roadmap has nothing marked as complete.
I said the exact same at the end of Q3 and Q4 2023.
They can’t even be bothered to segregate their roadmap into quarters… just H1 and H2. Not exactly a difficult job, is it?
The writings on the wall
Taken from the 15/11/23 RNS…
“It's the Board's belief that while SatoshiPay has made significant progress in recent years, it would benefit from an investor better equipped both financially and strategically to support SatoshiPay's aggressive growth plans. The Board will update the market on this process in due course.”
Why do they need more money ?
We’ve not had a substantive update on Satoshipays shenanigans, so the in due course part is nonsense
Taken from the 16/01/24 RNS…
“Benchmark has advised that the initial reaction to the investment memorandum has been encouraging and the Company Is pleased with progress to date.”
Pleased with progress? What progress? It’s been over 2 months since that RNS and heard nothing since.
No matter what they are, desirable things don’t take this long to sell
It’s time to shut up shop and call it a day. These numpties aren’t doing anything in a month of Sundays. Years, and years, and years of producing f all
Wasn’t March supposed to be heralded as the month when they deliver ? Yes there’s a few days left but there’s little chance of them bucking the trend of their shambolic performance
Taken from todays RNS
“Our focus is on securing an attractive offer for our shareholding in SatoshiPay later this year at which point the Board will consult with shareholders over the Company's future."
I take that as winding down BLU
Unless Satoshipay can do the unthinkable (don’t get your hopes up)
Dtransfer was mothballed -so again, although I was shot down about that at the time - I was right about that also
The only nugget from todays report that might not be a lump of turd - "Nabla launching Soon".
Otherwise pretty poor as expected - personally I am not selling here - until later in the bull run for cypto anyhow.
Very depressing to re-read impact of Dynasty - not just their business but also the dilution of Bluestars stake to only 2.3% if all options and warrants are taken.
I will await a Satoshi pay sale update but depending on Nabla launch that may be it for me.
Even if by absolute miracle Satoshipay hold their lofty 2019 valuation, it’s worth approx 0.1p to us…
There are no winners here. I’d rather be proven wrong by the nonsense talkers and make money rather than have this situation
In January they said about Satoshipay that feedback was "encouraging and the Company Is pleased with progress to date".
Now it's "a sales process which may or may not lead to an offer".
Seems a bit bleak and even the updated NAV now looks wildly optimistic. Credit to Slugmum2000 for seeing through the bs here, without those home truths this is just the kind of stock rampers would have otherwise had a field day with.
404x - Now it's "a sales process which may or may not lead to an offer".
It's always said that. 15th November 20230 "The Board wishes to stress that the process may or may not lead to an acceptable offer for the sale of part or all of its shareholding in SatoshiPay and Blue Star is under no obligation to accept any offers received."
Appreciate the acknowledgement 404
Tony’s already talking about winding down the company so I sadly doubt Satoshipay have anything to offer
if you’re expecting a fairytale ending here… then you’re going to get a rude awakening
hobsy you are just jealous
we are all heavily in the red here - except for short term trading opportunities we’ve all lost
I don't intend to kick holders here while you're already down, I actually feel for anyone who's in this. The lack of tangible progress with the Satoshipay sale and today's grim RNS says it all. For the type of folk easily persuaded by rampers and not really understanding crypto, this could have cost people a lot of money if it wasn't for posters like Slug.
Sour grapes hobsy
However it’s not over just yet
I too, am clinging on to the one in a million chance that Nabla launches successfully
Perhaps 888 is right, IF Nabla launches successfully, it might be time to revisit the RTO which was attempted in 2018/2019 but failed