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Started: Yellowhead, 16 Apr 2024 11:56
Last post: smkr, 7 Jun 2024 19:33
Results can’t be far off. as for the tete merger, looks like they’re applying for extension.. so unsure if they’re going to rns that
When are we expecting news on this share?
Funny that some AIM investors like to buy high and sell low.
Started: bunsenburner123, 13 Mar 2024 11:01
Last post: bunsenburner123, 12 Apr 2024 12:34
If they hit the revenue targets they’ll get $4m in shares
I understand the first part "Wait till we have £10m cash coming + 40% of the deal" after reading through the RNSs, can you please explain where " likely another $4m in shares" coming from?
Agreed bankrupty
Today showed a glimpse of what’s to come - up 17% on like £5k of buys
Wait till we have £10m cash coming + 40% of the deal & likely another $4m in shares
The spike will be biblical
Slowly slowly catchy monkey....gettin there !!
Another day closer to TETE merger..
Wonder why LSE removed my post about Hati international ?
Started: Inittowinapenny, 5 Mar 2024 11:52
Last post: bunsenburner123, 8 Mar 2024 16:18
Someone sells when there was news that was expected 🤦♂️😂
This is going bag so hard within the next few weeks
Just simply have to hold the merger vote
Extended 2nd payment for smart hospital co until September
https://hatiintl.com/
Yeah nominal amount of 70p.
contains a license for: https://www.mcmc.gov.my/en/sectors/telco/licensing
I guess they can offer any complimentary services relating to the license.. alongside the mobile stuff they already offer
Lol good spot I thought it was 70k! I must learn to pay more attention to the detail!
Yes feels that way. They’re really forward but nothing showing in the SP yet
They just bought a dormant business for 70p that looks fairly irrelevant but it has licences and from the Malaysian government?
Could be a master stroke
70p! That’s seventy pence. I couldn’t work it out when I saw it 😂
Last post: bunsenburner123, 5 Mar 2024 11:51
Very nice Smkr
Clear as day it’s going ahead
Just have to sit tight
Great find though, more pieces of the jigsaw
It’s interesting to note, and many may have missed this. That one of the conditions that need to be satisfied for TETE to move forward with merger is that Superapps and Mbo have completed the disposal. Here are the TETE closing conditions from Nov 23 document on SEC website.
TETE’s Conditions to Closing
The obligations of TETE and Merger Sub to consummate the transactions contemplated by the Merger Agreement, in addition to the conditions described above in the first paragraph of this section, are conditioned upon each of the following, among other things:
● the representations and warranties of Super Apps being true on and as of the Closing, other than as would not reasonably be expected to have a Material Adverse Effect;
● Super Apps complying with all of the obligations under the Merger Agreement in all material respects;
● Super Apps and MobilityOne Sdn. Bhd., a Malaysian private limited company (“MobilityOne”) which beneficially owns 100% of the outstanding ordinary shares of OneShop Retail Sdn. Bhd., a Malaysian private limited company (“OneShop Retail”), shall have closed the transaction relating to the purchase by Super Apps of 60% of MobilityOne’s ownership interest in OneShop Retail pursuant to the Share Sale Agreement, dated October 19, 2022, by and between Super Apps and MobilityOne, which is attached hereto as Exhibit 10.11;
88
● Super Apps and MobilityOne shall have entered into a shareholder’s agreement, which shall govern the relationship between Super Apps and MobilityOne as shareholders of OneShop Retail, including with respect to the composition of the board of directors of OneShop Retail; and
● Super Apps and MyIsCo Sdn Bhd, a wholly owned subsidiary of MyAngkasa Digital Services Sdn Bhd, a Malaysian private limited company led by Angkatan Koperasi Kebangsaan Malaysia (“ANGKASA”), shall, at least one day prior to the Closing, enter into a Collaboration Agreement (the “Collaboration Agreement”) allowing OneShop Retail, as the authorized bill payment collection and credit lending agency of ANGKASA, to operate its payment collection system through ANGKASA’s authorized dealers for the collection and remission of any payment of bills via cash payment, credit card, debit card or cheque. The Collaboration Agreement is attached hereto as Exhibit 10.12.
Vams12 that’s a very interesting document.
This is within it, as a part of some section from a research / advisory company to TETE.
Growth Potential. As a result of the Asia region’s strong growth over the past several decades, the region has become home to a large number of small domestic and regional companies, which are serving the ever-increasing needs of economies locally. Our guidelines for searching for a target included identifying a business that, with strategic advice and access to sufficient capital, may be established as a regional market leader. Super Apps’ join venture partner, MobilityOne, has a 20 year track-record in the payment systems industry and scalable technology. Pursuant to the Collaboration Agreement with MyIsCo Sdn Bhd, Super Apps will have access to MyIsCo’s database with approximately 8 million existing members, who include government employees and other workers in Malaysia. The TETE management team and Board believe that the proposed Transactions will lead to the creation of a market leader in the Malaysian payment systems industry.
(2)
Long-term Revenue Achievement with Defensible Market Position. Our guidelines for searching for a target also included identifying a business where we believe we can drive improved financial performance and where an acquisition may help facilitate growth. We believe that the synergies that will result from the Joint Venture Agreement and the Collaboration Agreement will propel further growth. As disclosed in the Projections, Super Apps anticipates generating revenue of $368.6 million in the first year following the closing of the Transactions and increasing the revenue to $532.1 million in the second year after closing.
(3)
Benefits from Value Creation and Marketing Opportunities. Our guidelines for searching for a target also included identifying a business with (i) the potential for organic growth in cash flows, (ii) the ability to achieve cost savings, (iii) the ability to accelerate growth, including through the opportunity for follow-on acquisitions and (iv) the prospects for creating value through other value creation initiatives. The collaboration between Super Apps and MyIsCo, which is affiliated with ANGKASA, which facilitates the monthly salary disbursements and other transactions for its large membership across Malaysia and other ASEAN countries. The relationship with ANGKASA provides an opportunity for organic growth in cash flows provided by access to millions of new users on Super Apps’ payment platform. In addition, because of the reach of MyIsCo, the Collaboration Agreement will result in organic marketing that will result in significant cost-savings for PubCo.
So it seems they’ve done the disposal to get things moving with superapps.. probably building/developing app back end.
merger still to go to vote as before between TETE / Superapps .. which concerns the cash payments to MBO.
it’s as we were .. but with TETE making a move..
Nice bit of news guys!
Started: davey50, 1 Mar 2024 10:08
Last post: bunsenburner123, 1 Mar 2024 14:31
Yes agree that’s how I see it. Nothings changed except superapps has our tech, which is a great sign
20p beckons
My takeaway is that this part of this particular project is merely being confirmed (which is good)......Sure we have no control over Tete...(which was previously stated).....so nothing has changed...other than pragmaticly moving fwd. with SuperApps.
Plenty more projects besides! Bargain SP! GLA
Ok yes so surely that’s a positive RNS?
Theyve given their IP/tech or whatever to SuperApps
The disposal is to Superapps
Disposed to TETE?
Started: bunsenburner123, 15 Feb 2024 09:14
Last post: davey50, 1 Mar 2024 08:40
Who cares what you think bunsen you no longer hold MBO, bloody pump and dumpers like you can bugger off. Imagine taking all that risk on a wide spread just to see again, did you actually make any money....parasites
It’s literally nothing
It’s says they’ll do it in 15 days
TETE Stock price not affected
Probably nothing because they’ll just submit it.
I see their website had a nice revamp
They’ve got 15 days to submit. Not sure what happens after that.
I see TETE have been unable to file its Annual Report
https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&ref=318114491&type=PDF&symbol=TETE&cdn=1adb1f6b5e4b5e3fac8d9ca4aef7a28f&companyName=Technology+%26+Telecommunication+Acquisition+Corporation&formType=NT+10-K&formDescription=Notification+of+inability+to+timely+file+Form+10-K+405%2C+10-K%2C+10-KSB+405%2C+10-KSB%2C+10-KT%2C+or+10-KT405&dateFiled=2024-02-28
Started: bankrupty, 27 Nov 2023 12:14
Last post: smkr, 14 Feb 2024 19:46
Surely not Dave lol.. but nothing will surprise me in this market.
100k buy no move, 100k sell mm drops offer instantly. Please tell me that was not the same person. 7.05p paid and sold for 6.45p mm makes a nice easy £600 profit because of patience
100k buy on a shocking spread. Good sign. Are we about to spring into life again ?
No stock again, they feed on the little pi's who buy in then sell for a loss but any support and limits are shut down. 25k max at full offer online. 8.5p
2 mm's move together so it's heading 7-9p at this rate shocking
Started: petroinvestor, 14 Feb 2024 10:05
Last post: petroinvestor, 14 Feb 2024 10:05
Good luck to those still in before the dump starts...
Document filed. Terms still in it.. as per October 22. I’d expect a date for Tete voting it in soon maybe. A cracking deal for MBO
https://www.sec.gov/Archives/edgar/data/1986694/000149315224002939/formf-4a.htm
(7)
Assumes 400,000 Contingent Shares to MobilityOne. Following the consummation of the share sale pursuant to the SSA, MobilityOne will receive cash payments of $8.8 million and $4.4 million from Super Apps within 14 days and 180 days, respectively, of completion of the Business Combination. As further consideration of MobilityOne’s undertakings and guarantee of achieving the Revenue Target, Super Apps shall cause TETE to issue part of the Contingent Shares to MobilityOne Limited (which is the parent of MobilityOne) with aggregate value of $4.4 million upon OneShop Retail achieving the Revenue Target. The Contingent Shares will be issued at a price of $10.00 per share. In the event that the Business Combination is consummated, but the Revenue Target is not achieved, the Share Sale will continue, but MobilityOne will not be entitled to the Contingent Shares.
Started: davey50, 27 Nov 2023 08:05
Last post: davey50, 27 Nov 2023 11:46
54k buyer Friday at 9.34p just sold for 7.125p jeezus
Lets see I was already holding MBO. I bought 50k at 5.38p, 25k max at 5.5p and 50k at 5.7p then bought 125k at 6.14p with a few other scraps. None of the sales today are mine. The mm's are shaking and has worked they flushed out a 127j sale at 7.65p but still refuse to drop from around 8.4p offer atm. I could sell right now all my shares and make thousands but in terms of value and what might come for MBO 7.4p does not represent a tempting price to slice heavily, 10-15p range I could be tempted to offload a few
D was buying last week you loon. I’m sure he’s done well. Agree with what he’s saying, they (so far) don’t fancy dropping the offer much. Buyers at the ready if they do :-)
Davey50 is pumping the stock so he can sell his shares and get out. He sgot piked and now he's left holding the baby.
Karma is coming for you, Davey. You always deramp the stock when it's rising, and now you've been spiked yourself. Just experience the pain you've caused for others.
Def trying to panic people out now they drop to 7-8.5p but 7.65-8.4p best online. No delayed sales from first 20 mins either, I could have accepted the drops if one or two 100k+ sales popped up but nothing so they really are taking the mick. I know if I hit them they will run for cover. I'm holding out for sub 8p though but this should reverse well at some point
Started: MosquitoSqudron, 26 Nov 2023 20:09
Last post: smkr, 26 Nov 2023 20:23
Didn’t even notice mate. Don’t worry ;-)
Smkr. Sorry for getting your name wrong. I am on strong painkillers at the moment.
Started: MosquitoSqudron, 26 Nov 2023 18:02
Last post: smkr, 26 Nov 2023 19:46
Yes here’s original merger news
https://www.nasdaq.com/press-release/super-apps-holdings-to-become-a-public-company-through-merger-with-technology
Also. Apart from the cash coming into the company from Super Apps Mega Merger into a new 1.1 billion USA Nasdaq listed company. I like this about Merger. MobilityOne has ownership of the intellectual property that OneShop Retail uses in its operations and, in connection with the closing of the Business Combination, MobilityOne Will Grant OneShop Retail a Long Term License for Use of Such Intellectual Property. The MBO technology platform is flexible, scalable and has been designed to facilitate cash, debit card and credit card transactions (according to the device) from multiple devices while controlling and monitoring the distribution of different products and services. This technology owned by MobilityOne will not just be en beaded into the merged new company . IMO It will be showcasing it's tech in a 1.1 Billion Nasdaq listed company. IMO only & DYOR .
It’s such a good deal for MBO if this merger goes through. Around £11m in cash plus shares in SuperApps (if hits the target £104m revenue) .. plus we have only sold 60% of 1shop. 40% of payment processing profit is still MBO’s.. with no financial risk
“Super Apps undertakes to provide all the necessary working capital requirements of 1Shop”
It’s probably not a coincidence that MBO put up two job adverts a couple days before that last RNS on the merger.
One for an app developer and one for Chief Information security officer with experience in compliance and risks etc… Methinks things are coming.
https://nodeflair.com/jobs/mobilityone-software-engineer-mobile-apps-android-ios-175971
“MobilityOne is the purveyor of a banking, merchant and consumer solution that it has developed and deployed in-house. It is now looking at expanding its mobile solutions to incorporate various mobile technologies and native apps on platforms such as iPhone, Android, Blackberry, J2ME and Windows Mobile. The successful candidate will join this team to develop various mobile solutions on products, both on the device and host sides of the system. You will be exposed to various mobile and payment technologies, and a real-world environment that touches on the technical, operational and commercial aspects of the mobile banking landscape. ”
https://nodeflair.com/jobs/mobilityone-chief-information-security-officer-ciso-175984
“Lead Compliance, Certification & Audit activities pertaining to Information Security. Develop and implement a strategic, long-term information security strategy and roadmap to ensure that MobilityOne’s information services and assets are adequately protected as per company’s risk appetite. • To determine and enact MobilityOne’s Risk Tolerance Level while working with senior leaders across the business”
Started: petroinvestor, 24 Nov 2023 16:53
Last post: bankrupty, 24 Nov 2023 17:03
I Like Davy50.....and I luv the banter with EarlofAim........my goodness you have to have a bit of fun...like I was with thedogfarter on HARL last eve.....he lost big style....lol!
Well I've just done the Friday thing and sold up me MBO ....and all for £287 profit......I'm sure I'll be back, though...
ATB and GLA!
Did anyone knew davey50 always get spiked by his sidekick Ria20 lol she always leave him behind holding the baby! hehehe
davey50 is sad clown who like attention just like a kid, but he's over 75 trading via phone lol
Started: EarlofAim, 24 Nov 2023 16:07
Last post: FinallyRetired, 24 Nov 2023 16:33
No need to apologise to punters on a public bulletin board Dave. If they aren’t bright enough to make up their own minds, then more fool them.
We know your strategy Dave. You tell everybody over and over and over and over again.
Just crack on and make some coins mate. It’s all good
If I was a dumper I'd have none left. I've just tested the limits on 50k and got 8.765-9.85p how can I do that if I've dumped ?
Does he know how long I have been holding MBO ?
I buy size in several stocks when nobody else wants them and then if I get lucky and they spike I'm suddenly a pump and dumper, I've got stocks all over the place and most in 4 figures losses, I was 3k down on this this morning but now that has completely changed.
I get it and why lol ;-)
Started: Slave2Trade, 24 Nov 2023 16:12
Last post: Slave2Trade, 24 Nov 2023 16:12
Forum getting busy as worried posters arrive wonder who they are !!!
Started: Slave2Trade, 24 Nov 2023 16:05
Last post: Slave2Trade, 24 Nov 2023 16:05
Gl get any guys
Started: Slave2Trade, 24 Nov 2023 16:02
Last post: Slave2Trade, 24 Nov 2023 16:02
Woopeee
Started: Slave2Trade, 24 Nov 2023 16:01
Last post: Slave2Trade, 24 Nov 2023 16:01
Nice happy days ahead
Started: MosquitoSqudron, 24 Nov 2023 15:50
Last post: MosquitoSqudron, 24 Nov 2023 15:50
Apart from the cash coming into the company from Super Apps Mega Merger into a new 1.1 billion USA Nasdaq listed company. I like this about MobilityOne & Merger. Currently MobilityOne has ownership of the intellectual property that OneShop Retail uses in its operations and, in connection with the closing of the Business Combination, MobilityOne Will Grant OneShop Retail a Long Term License for Use of Such Intellectual Property. MobilityOne’s technology platform is flexible, scalable and has been designed to facilitate cash, debit card and credit card transactions (according to the device) from multiple devices while controlling and monitoring the distribution of different products and services. This technology owned by MobilityOne will not just be en beaded into the merged new company . It will be showcasing it in a 1.1 Billion Nasdaq listed company. IMO only & DYOR .
Started: Slave2Trade, 24 Nov 2023 15:48
Last post: davey50, 24 Nov 2023 15:49
You like those 1 trades buystock ah brings back some memories ...20 years now
Looking super hot
Started: Slave2Trade, 24 Nov 2023 15:44
Last post: Slave2Trade, 24 Nov 2023 15:44
Hot
Started: Slave2Trade, 24 Nov 2023 15:37
Last post: davey50, 24 Nov 2023 15:38
S m a l l c a p p i c k
you have to be ************ i recognise the style :-))
Boom
Started: Rashpurchase, 24 Nov 2023 14:50
Last post: davey50, 24 Nov 2023 15:25
Would I buy on the current spread...no...will I sell some on the spike ..yes...I buy size when unloved, people were all over this a few weeks back at 8p and then they all sold out and it went back sub 5.5p. How high will it go who knows, it might be the current price, it might get to 10-12p or 12-15p and would I sell more...most certainly...I'm a slicer when the herd chase a fast buck...risky business buying unloved stocks but days like today make it worthwhile
Dave has it right.
Have you done your research Rash ?
Like a £7 mil market cap, about to get a £10-12 mil payday with Tete deal.
Having talks with Saudi's on potential new deals
Existing business with hundreds of million turnover, ok only trading at breakeven.
Perhaps there is value here and the price is reflecting that
Do your own research. There are some good things in the pipeline here but as with most aim shares, a lot of people get burned when carried away. Around 70% of all shares in this company are owned by board members. As always, do your own research. Good luck.
Started: Slave2Trade, 24 Nov 2023 13:13
Last post: Slave2Trade, 24 Nov 2023 15:14
Here we go breakout this should be around 50p+
Watch it fly try buying a decent amount lol