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On the assumption that no one has gone 'all in' here, it still has the potential that made us buy in the first place. The management at Dynasty are pretty smart and they will maximise the potential and IPO/sell price there, of that I have no doubt. Spay could be anything from a load of rubbish to an amazing and rewarding unicorn. I, for one, and am happy to wait till its all concluded. On that basis, looking at every trade, every day, is somewhat futile imo.
Spot on aardvark.
It is hard not to look most days though.
It's a screaming buy right now.
As always we are waiting for current updates that never seem to happen.
Thanks
Inflection points:
Q4 2023 - Spay valuation update
H1 2024 - Dynasty IPO update
that’s the timeframe I think. And there’s (just) enough cash to get there. Next company update due in a month I think anyway
@london
we were advised valuations by end of Year, i for one would like to see that happen.
The next company update will more than likely just be a copy and paste of the last 5 years.
We need valuations.
@ Dave very likely indeed
@ blu in the HY he said they hired for SatoshiPay valuation. Nothing on Dynasty. And I guess that’s because D it’s either IPO in 2024 (likely if ipo market allows) or for another round of funding, so the valuation will be automatically provided then.
So I’m expecting only SPay news on that front this year
@london
how many Years have you held BLU stock... ;)
Https://www.reuters.com/technology/paypal-launches-stablecoin-crypto-push-2023-08-07/
@ragnarr
very interesting, paypal have to innovate, would they like to make a bid for Satoshipay/Nabla/Pendulum ?
keep welcome back btw.
blu
Any idea what Satoshipays current monthly cash burn is ?
I estimate it’s got to be close to €100,000 a month
17 staff on their website… let’s say average salary €40,000 per person = €680,000
Divided by 12 = €56,666
Plus business overheads on top
Dont think its anyones focus now Slug, all that matters in the next 2 months is that we get a partial or full sale of Satoshipay.
to my mind Satoshipay remain profitable, as they have been for past couple of years, anyone in doubt ask TF.
Satoshipay valuation/ sale nails the BLU price, then in (hopefully) short order, we get news of Dynasty IPO/SALE / takeover by Microsoft ; ) etc...
lets hope TF has everything ready to go, we don't really want anything else, delays or otherwise, adding to the 2023 sh5tfest...
Have dtransfer gone bust?
A simple google search says they are closed
They’ve not posted on Twitter since June 2022
Every day that passes this unravels itself as an absolute mess
I thought dtransfer needed pendulum to operate
Google says closed
It is my belief that Dtransfer makes a reappearance in a different guise under Nabla.
Nabla launch this month?
I am of the same opinion.
I wouldn't trust what Google says Slug. I went to a resturant yesterday that Google said was closed.
According the the DTransfer website they are running just fine. They even have job vacancies advertised. They just appear to have been merged in to the entire Pendulum business.
I’m not saying google are right, it’s just another red flag with this ailing company
Apparently spacewalk and nabla launch this month but it’s all incredibly concerning
Who will buy this crock of **** from BLU
I’ve got about £7.52 in my pocket so I might make a bid with that
@slug
multiply that by a million and we'll take it ;)
I thought Nabla was the new 0xAmber
Comparing the websites, there are no matching staff names between the Nabla and Satoshipay website
I wonder what happened to Dtransfers 11 business clients they had signed up (mentioned within 15/12/2020 RNS)
Perhaps at the time Meinhard was too busy eating computer chips to even have a clue what was going on