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Sorry why will the money be in the account next week? Have I missed the bit about agreed payment terms? The norm being 14-28 days
Morning Jambone,
Hope you're well.
Do you think there'll be anymore placings?
Thanks
Why sell today? The money will be in the Company account next week. I really don't understand few people here.
Thank you very much for your reply Jambone. Let’s hope we get some news soon. Much appreciated.
Awl, QBT are testing on 2x large mining pools so we should be part of any shared amounts mined through pool.
Next news is method B works, wether that’s results from this testing or on the Chinese rigs was unclear, but I have confidence in both and that imho.
So looking at the days mentioned on RNS then we should be receiving money Monday and the following Wednesday, so happy days.
Wonder how much pressure this will put the main defendants under as it’s a big admission by those paying up!
Funds coming in now , …..live testing results next
Go Qbt !
Morning all. Hope everyone is well.
Quick question. If qbt have been live testing their programs now for x amount of time then they must have mined something. Would this be owned by qbt or rig owner or both.
Apologies if this is a dumb question.
Smashing update.
FG has always been consistent, he is determined with a dedicated team to deliver.
All the trolleys were banging on how we will see court money paid in 5 years.... they were wrong and soon will be proven wrong when our products are bought by top miners.
2024 is the year. FG own words.
“Hexam , it’s no lie , moneys as good as in the bank”
Seems like you missed this part of the PRN (unless you’re somehow privy to the workings of the Venice Court of Appeal)?
“In the event, however, that the Venice Court of Appeal does not set the hearing date to approve the settlement before its ruling on the appeal before it against the original Judgment, the preliminary agreement will be void.”
Rest assured if they provide any proof that any of their ‘products’ actually work then I’ll be saying plenty of decent words about QBT. Until then it remains a highly speculative gamble with long odds but potentially huge rewards - and that is the simple reason why I invested. That doesn’t mean I have to fall in love with the company or read things into company announcements that aren’t there (or ignore things that are). That would be just foolish.
Absolutely, there is nothing like cash in the bank .
Expect much more ..
Looked like we may have been in for a good day.
Sadly the rise was sold into by the 10-20% Brigade.
This share only moves on news. And until we have a significant announcement we will be at the mercy of MMs and day traders.
Fleccy , what a load of cobblers. …. You’re here running down QBT at every twist and turn …. You’ve never ever had a positive thing to say …. Ridiculous …
Hexam , it’s no lie , moneys as good as in the bank … what’s the point in the PRN if otherwise , but as usual you just like to find the downside and fan the negativity … as per Fleccy , youve never had a decent word to say on QBT , have you ? Why invest ?
Suthy, I'm interested in Crypto, QBT and many other things. I've chosen to post on here because it's a busy forum and I have an opinion. Instead of discussing the points I've raised, more often than not the responses seem to be focused on me and not what I've actually said.
I've never hidden the fact that I dislike BTC, or that I have serious doubts about QBT's ability to achieve the same results on the BTC network as they have in the lab.
We all have our own opinions, some on here have full confidence that QBT will achieve their goals and see the share price go stratospheric, personally I put the chances of QBT succeeding at less than 10%; But only because it'll upset too many if I said less than 1%.
Share price should react properly next week when money in the bank. Expect the SP to open up a good % higher on that news so no getting in cheap then!
'Looks to me like a done deal….'
Until the monies are paid it could still fall through. Not sure how efficient the Italian courts are
'In the event, however, that the Venice Court of Appeal does not set the hearing date to approve the settlement before its ruling on the appeal before it against the original Judgment, the preliminary agreement will be void'
'a miner spelling mistake'
That was clearly a bit too subtle for you.
Hexam. An agreement is in place so unless someone breaks that agreement ….
More recently, most of those Sipiem defendants who benefited from the February 2023 court order offered CL17 a settlement, subject to, among other things, the Receiver's waiving pursuit of any possible civil and/or criminal claims against them. Such settlement would involve an insurance provider for these specific defendant……
Looks to me like a done deal….
‘a miner spelling mistake’ 😂😂
Crack on with your GSA coursework now.
Avoid the latin, and focus on the english 😂.
Thank me later 👍
'getting it horribly wrong'
A miner spelling mistake, point still stands. As evidenced by your posts, obsessing over a fantasy that I work for some City shorting outfit. Complete fabrication but it allows you to attack me rather than counter any of the rather decent points I make.
It's irritating, and childish, and lazy but I guess if it gives you a buzz of satisfaction llewellyn then crack on. Whatever gets you through the day.
As a result, CL17 has agreed with these specific defendants currently protected by the February 2023 court order to settle a portion of the judgment awarded to CL17. The settlement is for a total cash consideration of €700,000, to be paid in two installments, respectively within 20 and 30 days from the execution of the preliminary settlement agreement completed on 29 April 2024.
Well funds should be in the next couple of days if you count the days mentioned in the RNS
It wasn't Brew that lied. It was PAS. No funds have been recovered yet. Even if it was true, then going on to say 'and that demonstartes further funds can / will be recovered' may not be a lie but it is certainly disingenuous. More shining examples of people making stuff up and projecting their own behaviour onto other people just because they don't share their views.
Brew feeling the pressure from his GSA bosses it would seem. Throwing in a few latin terms to keep his lies company, and getting it horribly wrong 😂, it never made it past the intern desk clearly
Today’s price doesn’t bother me in the slightest. Everyone knows were it will go on a positive product update. North.