Member Info for 21ATS

Not sure I follow your thought process here.

HAMA drew down £2.5m from the YA CLN, which YA can convert shares at 2.4p as far as I understand.

So what do you think YA are currently in control of?

As far as I understand, they have no shares to sell presently. Or am I missing something fundamental?

I think the muted response of the SP (in either direction) highlights how little people understand what's going on here and the correlation to Bittensor and it's token, Tao.

It's very, very early in the grand scheme of things and having sat in on the meetings with M&S, along with veiwing their RS youtube videos I now see this as a 2-5 year project. I'm ok with that.

Last night's events were an inevitability, and it's better that it's happened now rather than later. It gives them a chance to get some better framework in place.

Earlier this year, I was going to increase my position here, but instead decided to buy Tao and allocate to subnets, teaching myself as much as possible. If you're serious about this investment, I'd strongly recommend doing the same. It gives you a far better understanding of the ecosystem and the reality of where it is right now. We are very early adopters.

Insider trading is rife and very transparent. Often the value (certainly the ones ranked below 50) of a subnet has little to do with what they are producing and far more to do with who holds Tao in those subnets, the "collectives" opinion of them, how liquid it is and how easy it is to trade and be manipulated.

Imagine if the stock market were completely unregulated and it were a free for all. That's how the subnets trade.

There's plenty of Tao to be made once you figure out how it works. The APY is a red herring (as a trading perspective). Jumping in and out of the subnets is where the compounding value is.

It's been an eye-opener and educational.

I have a position here, not massive. I was going to increase on the drop, but the constant mega ramping from one individual using multiple accounts has been very off putting. So I'm going to hold what I have and just see how this plays out.

It has all the hallmarks of a pump and dump and is now so aggressive it's probably putting off far more people than it's attracting.

Closed period?

Maybe he's privvy to market sensitive information that could call the trade into question should it be released within the prescribed timeframe?

So he decided to reverse the position?

Any other suggestions?

I'm not so sure I'd say it's too late. The biggest issue this company has now is the false start after the fanfare was so spectacularly large that it is now the very definition of overpromising and underdelivering.

As a result, for any interest to resume here, any news forthcoming has to now be of real substance (material revenue/value) and equally as substantial as the false start.

It's going to take an awful lot to reverse the decline sentiment and SP.

Ironically, Vaultz Capital was another one of my questionable decisions. I now have two questionable decisions involved with each other. Great.....

My dear old mum used to say two wrongs don't make a right!

Still, looking at my portfolio this morning, it's a blood bath due to the actions of the lunatic in the White House. There's money to be made on the volatility.

I had a funny feeling this was going to occur. In the last interview, they were discussing aquisitions and I wondered if Vaultz would be in their sights.

Currently valued at less than its BTC holding, directionless, apparently leaderless.

So is this the first step in a takeover? If it is, how is it going to be funded?

More finance? I hope not. A capital injection from MBS?

Watching with interest.

There's plenty to read on there. Back and forth about DSV, relationship with Bixby etc.

Discussing the Revenue search YT videos.

You also get a flavour of how "cult" like the hardcore Bittensor Maxi is and the "them and us" situation with those in the loop and those outside trying to get in.

It's information at this level that investors are rarely privvy to. To ignore it is a mistake IMO.

Yes, I'm sure he's "Honey Badger", Mark posts under his own name.

Join discord and read it yourself. Here's the SN127 Discord.

https://discord.com/channels/799672011265015819/1387151679266230323

Worth a little over $678k as I type. So still more than 2x from time of investment.

You can search each subnet and the wallets invested in each subnet on taostats. It’s all public information.

A large holding like the one ASTR holds in SN44 should be relatively easy to find, assuming it’s all in a single folder. It’s going to be one of the top wallets. Plus we know what was transferred in and the date of the transaction.

The following kind of looks like it could be the ASTR holding, it’s certainly close.

On 1st December 1200t was deployed via a number of transfers. (I’m assuming that’s 1000t at a 20% OTC discount – the easiest way to deploy this is to credit the 20% so it can be done at the prevailing price)

On the date of the RNS, 4th March, the balance would have been around the 3,180t stated at the subnet price on that date.

Since then, the price has eased somewhat. So you can see in real time, what it’s worth now.

Even if this isn’t the exact wallet (I think there's a good chance it is) it gives us a reasonable idea of its value (or at least this specific holding) in real time.

https://taostats.io/account/5FsSUX854ARX2eE9B5Fpa2T51HK6QWwSixMCThyfCc8YfgmS/transactions

Posted on sn127 discord - 2nd Feb by "Honey Badger" (Siam's username.) an example of what you find if you know where to look.

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Was about to go to bed but have a dozen DMs. So I'll answer as many as I can.

- I own a bag of 127 but I'm not a top holder in it as I only joined Astrid in late Nov. Mark and I don't even have control of the owner wallet. We are simply employees of the PLC.

- Astrid isn't our personal company. It's a PLC listed on a London exchange and I own zero stock. We are in a "close-period" at the mo, so aren't even allowed to buy stock. We are employed on a salary and have options with a 3 year vest.

- When I say heavily incentivised on share price, I mean that if we can get the share price to a certain level, (which isn't far away) we will be able to raise £20-30m. That will all go into TAO and that TAO will flow into many subnets. Just like the circa £5m of TAO we have ploughed into subnets already. This £20-30m into TAO helps EVERYONE. This is what I mean by injective. We are injecting fiat into TAO and subnets. Not extracting. For the last 2.5 years, my north star has always been to attract fiat capital into Bittensor. Nothing has changed. The single most important thing I can do to help Bittensor is achieve that big raise. Because it then means down he line, we will be able to do an even bigger raise!

some day's tlb you're like a petulant child throwing their toys out of the pram.

have hou ever considered thinking about what you type before vomiting it all over the bulletin board and making yourself look like a *******?

None of this is new information, it’s been out there for some time.

If you’re not registered and reading the discord groups for each subnet, particularly SN127, you should be. Wade through the technical stuff and read the pertinent posts, where you will even find market-sensitive information.

Bixby is persona non grata in Bittensor, due to his actions at TIR. He’s been labelled an “extractor” by the inner circle. Unfortunately, that means anyone associated with him carries the same label until you demonstrate otherwise.

Is it bad? It’s not good PR, but it really changes nothing other than perception. But initially you’re battling against the hardcore Bittensor regime. Which at its heart is somewhat cult-like in its behaviour.

The other name you’re missing Is Brian Stockbridge. He has his fingers in the same pies that the aforementioned.

I had a cheeky trade in this, in at 16.85, out a week later at 28/29. Too good to pass up a return like that. I should have known to hold on when I was being offered more than the buy price, to sell. But a profit's a profit.

Well done to all of you who sat tight, these are the ones we all hope for. GLA.

"The market" doesn't understand it. That's all.

There's another Trump-initiated war on. Crypto is bouncing all over the place, Tao is on its arse. It still isn't clear how ASTR creates FIAT revenue from the investments currently being positioned.

We're early, very early. I'm a latecomer here, I know many of you have been in this for sometime, but it effectively became a brand new business only a few months ago.

Sit tight, switch off and let it evolve. It's going to take time for it to become apparent what we have here. When it does take off, it will go parabolic. But a few more ducks need to line up for that to happen.

I totally get the sentiment, but there's an awful lot of Daily Mail maths going on there.

We should get a nice steady roll of RNS's like today's, which is a very positive thing. However, we need to be aware, that just like some of the shareholders on this Bulletin Board, "The market" might read today's RNS and think "Ok, what does that mean?". So we need to be prepared that the market might not move this as expected until it has a greater understanding of exactly how revenue comes from these positions. Cold hard FIAT cash into ASTR's bank account.

I've spent a couple of months investing in subnets directly, reading discord, X, etc absorbing what I can. I really am only getting to grips with it on a surface level, It's still complex if you're not naturally techinically minded. And if we're honest, in its infancy and to some degree still finding its feet. SIam's post on X yesterday highlighted this very clearly.

But getting in early, when stuff is in its infancy is where the big bucks are made.

I have a feeling this will slow burn for a while, whilst the world is in a state of flux and crypto, (particularly BTC) the very thing designed to be and alternative to FIAT and TradFI finds itself being embraced and to some degree manipulated by the very institutions it was designed to circumvent.

Everything right now seems to be, at least to some degree, tethered to BTC. I think the "Aaha" moment will hit eventually and people will realise that TAO and Bittensor is an altogether different concept. The unknown for ASTR is how long it's going to take for the Aaha moment to happen. Most likely when one of the subnets goes major mainstream IMO.

Final page of the report, it's there in black and white.

https://www.investegate.co.uk/announcement/rns/astrid-intelligence-plc--astr/annual-results/9447683#:~:text=Astrid%20Intelligence%20PLC%20has%20released

"During the year, the Company incurred fees of £650,000 (2024: £nil) for consulting services from Marallo Pte, a company controlled by Michael Edwards. Michael Edwards resigned as a director of the Company on 17 February 2025."

I'm pretty sure Mark and Siam are salaried + the options incentive.

But yeah, as a shareholder you really don't like reading the free handouts for family members and close buddies for "consulting". Lets hope that stops/reduces going forward. Somehow I doubt it though.

The SP action has certainly accepted it as a positive this morning so far.

Https://www.investegate.co.uk/announcement/rns/astrid-intelligence-plc--astr/annual-results/9447683#:~:text=Astrid%20Intelligence%20PLC%20has%20released,winding%20down%20legacy%20operations%20and

We don't have long to wait until we find out. Then we can all stop wondering and guessing.