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To see a few buys at 3.0p plus at around 8:15 this morning was a bit of a surprise, but sadly it didn’t last. Back to what has become our trudge below, a psychological barrier?
No problem, QBT is not risk free and all because of that little word IF. IF things work out, the extra patent applications are lodged in a timely manner and granted in the fullness of time. IF we strike a deal as per the two NDA’s announced, IF, IF, IF. I cannot imagine, let alone calculate, where the SP will head. If we have the fastest, the greenest chip and contracts with the leading chipmakers then surely, we will have such an extraordinary demand for what FG and his team have developed. A demand that is met by the world’s leading manufacturers. Then consider the applications that blockchain technology encompasses. The word limitless comes to mind. So, to think 3, 5, 8, 10p, etc. seems a tad too low. How many zero’s could these figures attract? If lady luck is not with us, then none but I don’t think that will be the case. But what do I know?
Some compare us to ARB; 10.1p on 9/12/2020, 125p on 07/01/21 and 280p on 18/20/21. Yep, nothing like that now but I believe it is the shorters that have a major part in the SP’s collapse, once Helios is up and running, I believe they will regain their value and some. The thing to note is that ARB made those gains largely due to their mining of Bitcoin. We are firmly behind Blockchain Technology, mining will provide a part of our income with the potential to make that a minority part. Onwards and upwards, shame we have to wait. GLA patient holders.
Many thanks Ttaylor1a and FigTreeHarry. Really interesting reads. For me, it underlines the need for speed - not in the chips alone, but in getting ours to market. We have always been in a race and with the way I see it, the winner (first past the post and into production) will get the biggest slice of the pie. Maybe this is in part, why we don’t seem able to break the 3p barrier of late?
The tech world and especially quantum computers, and then the next generation, will always be pushing the boundaries. Very happy with my investment here, I hasten to add I don’t know when/where the SP will head but the potential is simply mind-boggling. Fingers crossed.
Anyone who has not read RKBeekeeper’s 5-part posts on 1 April, should go back and read them as they add an important side - the personal touch about FG and his moral values. GLA patient holders.
I’m not sure what to think. Today’s RNS announcement about John Storey’s application for his remaining 17,500,000 Warrant Exercise Shares. My own view is that JS is a very shrewd guy. He’s just parted with £350,000 cash and, if history repeats itself, he will sell on, or just after, 6 April 2022. Is he looking for 3p to make a 50% profit in under a week? Yesterday we saw the two late reported trades of 7.7m shares each at 16:35 and 16:54 at 2.922p, well above the bid price at close (or any time during yesterday). So maybe that was the trigger for JS? Is his mentality ‘a bird in the hand’ - let’s bank a quick profit?
I’m not here looking for a quick profit, I see the bigger potential with the many fingers in many pies courtesy of FG. One patent application filed and at least another 4 to go. Then the Sapiens Court hearing - chicken feed by comparison. Filing patents tells me QBT is more than ‘just an idea’, it has something credible that could be worth something. In this industry, it could be an eye-watering amount.
Yesterday’s news with the Bondholders’ meeting is a bit odd to me regarding timing. Does this, and JS’s action indicate we are not likely to get the REAL news we are hoping for a while? GLA patient holders but sub 3p is BORING.
Nobody can make things happen. News will come when FG is ready and able to release it. The two 10m buys earlier today amount to a fraction of the 980m shares currently in issue. It’s also difficult to fathom what is correctly reported as a buy or sell – better off being colour blind? GLA patient holders.
Too risky, so two more top-ups for me this morning at 11:12 & 11:16; another 93,874 golden tickets. GLA
I don’t know another share to compare this with. The fact that FG has just about covered all angles in this industry and has developed close working relationships with some very credible companies who would make excellent partners, must surely put us in a unique position? Personally, I’m not a fan of TA because I don’t accept that history will repeat itself, it might. It might not. Here, a bit like bitty, there isn’t a history that I can compare to similar products. For all the expectations of bitty hitting this or that price, it did not go to many a promoter’s plans – YET!
So, how can anyone value the company? Blockchain technology is massive and has an immense spectrum where it can grow. Generally, Web 1.0, 2.0, and 3.0 have each taken 10 years to develop and Web 3.0 is still on that journey. I’m not bothered about a few pence here or there. What I believe, is this will multi-bag and I haven’t got a clue how big a number that 'multi' will be. Sadly, just because I say this here, doesn’t mean it will happen! All IMO, please DYOR. Have a great day, weekend, and life all patient holders.
@Suthy, thanks. I know FTH's post last night was THE best of the best.
I do not enjoy this patience malarkey - I think I must be the original Mr Instant - but I'm learning, and topping up in tiny chunks when I have a few hundred quid to spare (the £1,000's are already here). ATB and enjoy your day.
I have more faith in FG and the team. Bitty, despite the Russians wanting to accept BTC for their oil & gas (due to sanctions), is not behaving as I'd like. Roll on our progress with testing, patent filing etc because that will see REAL SPRINGBOARD GROWTH - IMO.
What a load of tosh the spread shown her is. II is currently 2.70/2.90 and quoting 2.7878 to sell. Give it time, bitty is hanging in there and our testing is progressing. GLA patient holders.
@FigTreeHarry, your post at 23:11 last night is a brilliant, just brilliant assessment. Everyone should read it so I ask that you, when time permits, re-post it every so often so it is not lost/missed by some who would want to read it. Thank you, ATB
Good afternoon Suthy, yes bitty at $44+ plus. Sorry to see so many sellers here this afternoon. As I repeatedly say, $44k and I think we could/should see an increase in SP. Set us up for a flood of news on where FG takes us, all IMO. ATB
Peeps, IMO, we need to sit back and relax; stop worrying about the SP not moving. IT WILL! If bitty flies, we will creep up. WHEN we get news, we will fly and I’m thinking multiples. Also, I expect the RNS will land at 07:00 on the morning FG is ready and able. They will be working on it’s content well before the release and so I think we are more than likely to get that news at 07:00 one fine morning. GLA patient holders.
@Ttaylor1, excellent post. I think FG sees just what you have said. ATB
@FigTreeHarry, as always, you make valid and easy-to-follow points, thank you.
Personally, I prefer to try and keep a lid on my excitement/expectations and do try to proceed on the 'prepare for the worst/hope for the best basis'. Hence my saying April might be too early. FG is a smart cookie and I believe he's careful with what he says. Again, personally, I don't want to read too much into what he says, I need to practice my patience skills though. Extremely difficult given how I see QBT!! ATB
Good morning peeps, another beautifully sunny day where I am.
I see several posts which basically express frustration with no RNS this morning. Peddling my theory that the SP won’t head north unless bitty hits $44k, or we get the news we are waiting, this too could cause frustration, after all, I know I’m after some REAL GROWTH here; talking 2.7 to 3.4 is not worth worrying about.
It was 30 September 2021 that we got the RNS stating the first patent application had been filed - quite some months after starting the work. It was then on 5 November 2021 that we got another RNS, advising on the second patent application. Apart from all the work to develop the design, there is a lengthy process, including the patent searches, that take time. IMO, April might be too early to expect news, but we also need the testing done and verified by both the authorities FG has announced. By using phrases like “as soon as practical” our illustrious leader is showing he is playing it safe but pushing everything onwards and upwards. You only get one chance so let's do it right!
Meanwhile …. PATIENCE. GLA patient holders. All IMO.
Gary, no probs. These are exciting times but we need sellers or there is nowt to buy. ATB
Too many interested parties here are keen on BTC and as I said before, she needs to hit, $64k before we break 3p - IMO.
@Gary6899, make no mistake, I was referring to a dummy sell, part of my ongoing research. I have absolutely no intention of selling before we get some news that takes this into double figures. Top slice then but keep the majority to see if we top £1. This is not a prediction - I simply do not know where this will go but it is wearing my 'hopeful hat'. ATB
II have upped their price to 2.84 p for 500k just now. Make it 100k @ 28.4p and I'd think about it. I seriously think this could be there by August/September (2022). Truth is, I don't know! GLA patient holders.