RE: Any idea how long it'll take fca to approve easysend acquisition?14 Mar 2024 11:55
Unfortunately Baserite is a little battered and bruised over at Qbt as a raise looks very likely there, so in his wisdom hes decided to come here and make himself look more foolish.
RE: Any idea how long it'll take fca to approve easysend acquisition?14 Mar 2024 11:49
Another raise for what exactly Base? Unlike your other dog investments, GST are generating revenue and do not need to beg for money for 'working capital'
RE: Any idea how long it'll take fca to approve easysend acquisition?14 Mar 2024 11:26
Normally it takes around 3 months to the Fca to authorise an acquisition.
The three months also stretched across Xmas New year etc, so it could be just over due or over due now depending on the DD Gst have done, its a done deal imo going on the BoD's track record of these things
RE: Live testing results will be due14 Mar 2024 10:57
Call me cynical, but in Oct they announced a 'Market update' then 10 days later announced a raise, yesterday they announced an R&D update moving from A and B onto C............all eyes on Qbt in 8 days time.
RE: Live testing results will be due14 Mar 2024 10:43
Transferring the Company’s documented laboratory test results, in particular Method B, to use in conjunction to a commercial ASIC chip, has proven to be challenging and further work is currently ongoing'
Transferring the Company’s documented laboratory test results, in particular Method B, to use in conjunction to a commercial ASIC chip, has proven to be challenging and further work is currently ongoing'
BfD, agreed, and if they hit with a huge financial earnings update from GS20, AngraFX and Angraglobal, nobody will be able to buy any shares this cheap again.
The Company has decided to facilitate this development with a mature process node chip due to its lower manufacturing costs rather than for example, a market-leading 5nm prototype ASIC, which would cost nearly £2m.
So what does the 'node chip' cost? States lower costs but how lower? They will need money for this as I dont believe this would have been included in the 2m raise going on what they raised the 2m for.
The Company has entered into early-stage exploratory discussions with Bitcoin rig manufacturers and US Bitcoin mining companies. The Company believes that these discussions represent the first steps towards entering into commercial and technical negotiations.