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In terms of an exit and/or out of the box sale, I think that out of the box will include the product, the architect (WiseMPay) and the stablecoin (Coalculus) hence the 700m share issue resolution last week (assuming the SP is a lot higher than today!)
I think the BoD will deliver and go the distance, launch phase 1 in Q4 as promised and that has be be comfortably before Xmas. Shane said “definitely on track” and he’s the technical architect of the entire project and an ED in GST, WiseMPay and co-founder of Coalculus which is some resume. I also believe with a launch will come new media and goodbye to the old and out of date websites which they deliberately haven’t put any time or effort into changing.
The ultimate goal is a FCA approved neobanking solution which I believe will have a hugely significant price tag attributed to it.
Chase is a great example, the largest US consumer bank that launched its neobank Sept last year in the UK and I wonder how much they invested to get to market and who they acquired on the way and it has been a huge success digital banking is the future. I also wonder how many other global banks will be launching digital-only solutions in new territories and we will have a white-label FCA approved product. The Sp is shocking but most are, I’m just trying to stay patient!
Steamy, an absolute guaranteed .24p isn’t accurate when you have quoted investments; the figure will always fluctuate. The .24p was calculated when Guild was priced at 2.7p and it has since dropped c40% to 1.73p
I sent a message to Tone via the website, I thought it would get to him to directly to respond to as opposed to a generic response from OvalX. I asked about sub-standard PR, recruiting a marketing director, the planned Q4 launch, possible delays as a result of the sandbox submission etc. I suggested a RNS with a roadmap or corporate update following the AGM so we all have some clarity.
Horrendous day in the markets thank god it’s Friday
That wasn’t the question. Forget about whether it’s a good or bad thing Steamy the biggest shareholder of nearly 600m shares and the biggest advocate of Blu is suddenly dumping day-by-day. Draw your own conclusion
A couple of observations on the two announcements: EMS made a loss of $500k last year so that will have a positive effect on H2 results as well as being valued as a pure fintech business.
The AGM was August 6th last year but October 31st this year. Given Shane said in the interview they were “definitely on track” to launch the crypto exchange in Q4, I expect a 7am RNS on 31st