Member Info for AimHigherStill

Summary

 

Following the disposal of EMS, GST is now a focused, 'pure play', fintech group with a solid operational platform on which to build and continue to role out our GS Money solutions. We also enjoy a healthy balance sheet to fund our continued expansion.

 

GS Money is intended to make cross-border payments quick and affordable to an addressable market of millions of participants by netting and settling trades through its stablecoin-based payments network. With Angra the Group has a fully operational, FCA approved API conducting fast, secure, and low-cost foreign exchange business and payment services internationally, and the first pillar of GS Money in place. 

 

Unlocking the demand for a large user base also requires a platform that can meet the clearing and settlement needs of both retail and institutional customers, with high compliance and security standards. The GS Exchange provides such a platform that is designed offer users greater technology integration with regulated stablecoins as well as the introduction of more convenient onramp and offramp services for those stablecoins in due course, the second pillar of GS Money.

 

With the Angra and GS20 Exchange platforms in place and properly integrated, ongoing discussions with the FCA regarding the Company's UK stablecoin plans, and further progress being made on the development of the Company's GS Money solutions, coupled with the disposal of EMS, GST has come a long way in a short period of time.

 

Additionally, the recently announced proposed acquisition of PAYPT, which is only subject to FINTRAC's approval of the change of control, will pave the way for the Group to launch a multi-currency e-wallet service and enable Angra to issue Sterling local accounts and Euro SEPA IBAN accounts to its clients, thereby providing a comprehensive one-stop business banking solution.

 

We will also continue to explore any further value enhancing acquisition opportunities that may become available and that can assist with accelerating the development of the Group.

 

Whilst we will continue to invest in developing the Group's stablecoin-based cross-border payments network, with a firm focus on minimising costs, the disposal of EMS has removed a significant drag on our finances. I therefore believe there is a very bright future for GST and I look forward to reporting on our further progress in the coming months.

We've come a long way since then. Bring them on.

£105 bought in Qbt, meanwhile everyone else is dumping before the results reveal huge losses. Ouch.

Calling them liars again Kat? You'll never learn will you? Added to the file.

Suthy, you need to concentrate on your own results as they are not going to be pretty reading.

Wonder how the market will react to zero revenues, huge losses, and lots of debt? Ouch.

That's the long and short of it splatted, both suthy and jam went all in on a dream. None left for any decent investing. By the time Method Y comes round there will be no bitcoins left to mine, D'oh.

MrTosh, total agreement that this has legs, think the general consensus on this is that this will be bought at some point, they are entrepreneurs, they will want to make a fortune and move to something else imo. I'm happy either way to be honest, I wouldn't mind just sitting back and watching this grow into a global Neo Banking platform.

They did indeed say that Rich.

Just a couple more hurdles to get over and we'll really find out the final plan.

Can you fing any like companies out there who have a UK exchange, a global exchange, a crypto exchange, a cyber security business, 100m COAL coins, and 4 stablecoins pending approval?

I know I can't.

Lloyd yes the stablecoin are simply huge here.

The BoD have seen this opportunity some years ago and just have the small matter of the Fca to get by. The company valuation on approval of these is anyone's guess

It's called a discussion Kat, so far you haven't countered any of it. Just made up a new stupidly large headline for attention, of course we knew you would, as this gets in the way of your trade.

I certainly don't think this BoD will give this over cheap, but any one of the large US crypto companies could take this for peanuts to them, this would give them immediate access to the UK and Europe with Easysend in the pipeline.

What's 200m to some of them? Nothing.

I'm not saying it would go now for 200m Kat, just an example. Legislation is becoming tighter and unregulated sites will fall.

Would you like his name and tele number Kat?

Christ.....

Ignore 'laughing' bloody phone

Had a chat with someone I know re Gst, he is also heavily invested from the 0.5's.

He reckons Gst now are primed for a take over, any number of companies out there could snap this up with what Gst are offering, these isn't many like for like which offer what Gst do, i.e, the foreign exchanges, a crypto exchange and now their own cyber security business, and of course the stablecoins.

He thinks this is the sole reason the lord has been brought is to negotiate that deal, he also thinks the Easysend deal might have been delayed so they don't have to spend that money. The recent raise will cover all the legal/contract expenses etc.

They want Garies out so he loses his votes in this.

The price is the only unknown, but he thinks the BoD certainly will still make a healthy profit if it happens. It's become very attractive and will be very lucrative since Gst also have a foot in the door with Fca re laughing their coins and a much bigger player would benefit massively from taking over Gst considering the new legislations coming in.

Him like me, thinks the results will see good progression which is what any potential buyer would want to see.

It was an interesting chat, most of us think Gst will be bought at some point, he seems to believe sooner rather than later.

Anyone else thoughts on this? We'll ignore any stupid comments from you know who, good debate is welcome.

Kat, what if the results exceed everyone's expectations, whatever they are?

Good set of results with forward looking forecasts and this blows. EMS now long gone, they told us they only made losses due to EMS. So any positive results imo will be most welcomed by the market.

Not long to find out. In the meantime they could announce something else that strengthens the neo bank. Let's see shall we.

I also wonder if Noel Ferrin has increased his holding to remain at 3% due to the recent dilutions. Would expect an Tr1 if he dropped below?

I'd forgot about project guardian and FCA teaming with MAS. If ever there was a foot in the door for Gst......

Angraglobal already under MAS.

Lloyd, all you have to do is check the investor page on Gst website to see people are most definitely buying them.

I wonder if Jam has switched on to how much Gst's COAL's worth yet?

All adds up. ;)

And why would they say that Rog?

It has been a lengthy ish silence from the BoD.

Glass half full me seems to think that they are gearing up for a great Rns re stabelcoins/acquisition/GS20 even a possible offer. I get however that people who needs their hands held get bored and sell to chase another.

Nothing here has changed, we are still to find out what the cash is for, we've been told we are doing well in line with expectations, I'd be extremely surprised if this BoD were bending the truth, not their culture. So whatever the SP does in the meantime remains irrelevant when I believe this little company will make people rich.