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This is from the last placing and there is zero reason to think differently. From placing RNS, we are on track is what FG said in the video link below.
Francesco Gardin, Executive Chairman and CEO of QBT, commented:
“We are extremely pleased to have completed this £2 million fundraise, as we believe it will fund the Company through to revenue.
Live testing being carried out intensively 24/7 as per update last week.
Miners and chip manufacturers waiting on results, lawyers sending paperwork and TERMS, interesting.
Chinese chip reverse engineering FG says he believes is complete so onto porting.
Can’t wait for the next update, ghe smile after FG said about Method B working, I would say that a smile from testing so far going well.
https://youtu.be/C3vmEmcBjOs?si=GGjLQqqK7I-KyWEG
“ Think we can ALL SEE who the traders are “
👍
You have been claiming news is due any day for 18 months now.
80 days of 24/7 live testing. QBT are well aware of how testing is going, which is why they didnt let us know in the PRN.
Next PRN will be the REPO. I wouldn't expect any more news now until early summer.
Same names trashing, update showed us exactly where we are!
Think we can ALL SEE who the traders is.
The words FG used is “we are on Track” we know it’s taken longer than they hoped but they are on Track now!
Next news should be live results as they are carrying out intensive live mining via 2 x mining pools 24/7
These results will prove up the product and 2.6x 160% more probability of mining a BTC Block!
This news will not be far away hence the bashers bull poop
For goodness sake Jambone the update was poor, just deal with it rather than trying to latch on to supposed 'snippets'. The sp crashed after its release and that should tell you everything. Those posting negatively just saw the RNS for what is was - a rambling exercise in deflection and a few crumbs thrown in to try to keep the devoted interested.
As for news coming soon, you don't release a 'War and Peace' PRN if really groundbreaking news is just around the corner so don't expect anything like that, if at all, for at least a month (or probably two).
'All going to plan'
Really? So you call this going to plan do you? Very challenging to port methods A and B after all this time when holders have been expecting this to have happened ages ago is hardly 'going to plan', how the hell can Jam 'agree' with that post?
How is it 'all going to plan' when unexpected difficulties mean that twice in the PRN, for key stuff like rollout of the commercial product, the Company has said 'the exact date of delivery cannot be provided at this stage'.
As for the new Method C chip, they announced in 2022 that by Q3 2023 they would be using their own chip in-house. So they have basically rehashed the same announcement with no explanation of the lack of action since 2022.
Exactly this MasksNewNorm, FG said we are on track, another huge snippet and point made by FG.
This is all coming together now and expecting a news rich period to hit.
1. Live testing details on speeds
2. Porting finished
3. Deals with miners, both Chinese’s and Intel based rigs
4. Deals with chip manufacturers
No wonder the board is busy with those trying to build holdings but posting negatively.
MasksNewNorm
Posts: 4,270
Price: 1.125
No Opinion
RE: Funded till revenue, Live testing results due, porting to Chinese miners.18 Mar 2024 22:09
All going to plan it’s a lengthy process but we are on track to deliver.
All going to plan it’s a lengthy process but we are on track to deliver.
That’s why the trolls / traders love it here. Once the real news hits they will be gone
Jambone
I hope your right and I dont want to come across negative but equally balanced and a 50% fall in 4 days is what it is.
When others pretend like it didn’t happen or matter it like calls for a response but anyway let’s hope FG delivers shortly as I didn’t view his comments inspiring but will still hold hope.
Sometimes a silent tongue is a wise one and I personally feel FG should of exercised that policy until we hit 3-4p but anyway let’s stay positive
I’m note sure if you heard the interview we are in very advanced discussion with chip manufacturers'
Where have we heard this before...... another sigh
..
'the wry smile at the end'
Trapped wind, probably overloaded his big plate at the Travel Tavern all you can eat breakfast.
Great to see live mining is happening and FG looks confident, like the wry smile at the end when he mentions this, looks to be going very well imho.
Link provided to back up my post
https://youtu.be/C3vmEmcBjOs?si=GGjLQqqK7I-KyWEG
Jamrock, method c is at the end of 2 years worth of work, it is now being readied for a prototype chip so this can be sold, leased, incorporated moving forwards, for long term holders it’s part of the process, not what trades qbt but for company growth moving forwards it’s another string to the bow.
I’m note sure if you heard the interview we are in very advanced discussion with chip manufacturers also, lawyers are exchanging documents and terms!
It looks like it’s going to be a very news rich period coming up with chip manufacturers as well as mining companies.
At long last this is coming to fruition, this should start getting investors onboard, sticky hands and run the traders out of shares will impact massively for a solid rerate ahead of news imho!
'don’t think it will be long before we get a nice update on live testing'
QBT already know how live testing is going and they chose not to reveal this in the PRN last week. Why would you think so shortly after the last PRN they would be issuing a 'nice update'. Pretty obvious they have been unable to replicate lab results on the live blockchain on the latest difficulty.
Did you sell your shares Jamrock?
The update although not what we all wanted was still a great update, it answered a lot of question so now new ideas are having to be used to dig at FG or attack the company. All those companies out there and little old QBT has the traders in a fluster lol, seen it all before.
Hang tight as don’t think it will be long before we get a nice update on live testing as it’s what the miners are desperate to see, it’s what the chip manufacturers are desperate to see, it’s what Share holders are desperate to see, FG knows this needs relaying to everyone.
It was better to update on other parts then add news as they are completed to add and add and add to company SP growth.
Good luck to those invested, I’m sure you have all seen how these boards work now 😉
An update saying news to come or even a blank one would have had a better impact.
It’s totally killed momentum so I have to disagree. When focus is on 1&2 and you offer 3 it says a lot
How can any one really believe the last RNS was great!. A 50% decline in 4 days. A great update!. Really
They have zero products, they have 3 ideas which are proving 'very challenging' Ceo's words not mine.
Live testing will blow the doors off. That last RNS was really impressive. FG is now attacking the BTC mining space in 3 different ways. Qbt has developed 3 amazing products which NO ONE ELSE has........
Wait for it ...... Qbt has NO competition......Unicorn share in the making
Let me guess the trolls are going for the old placing routine.....come on guys you can be more imaginative than that :)
'Sigh...'
Cryptical finking init
'Live testing being carried out intensively 24/7 as per update last week.'
You have posted more than a couple of times about how you feel two months is more than enough for testing.
Why do you think QBT have not released their preliminary findings after at least 78 days of 24/7 testing?