The Company will issue the Consideration Shares on the nine month anniversary of Completion, or on any earlier date designated by the Company giving not less than seven days' notice in writing to the vendors, at a price per Ordinary Share equal to the average of the middle market quotations for a Consideration Share as shown by the daily Official List of the London Stock Exchange for the last five full trading days immediately preceding the payment date.
So 9 months on completion to issue the shares, people panicking on nothing, imagine where we will be in 9 months after both acquisitions are doing, Angra bringing in revs, GS20 bringing in Revs etc etc...... don't listen to FuD, we have ages until new shares are issued, could be 3 to 6p by them! Things moving rapidly now in time for Fca approvals Imo.
I did say I expected the trolls to turn up soon lol, trolls that can't see what's happening here. Petro making a fool of himself already i see..... nobody can stop what's happening here now.
Fort, I'd forget about Btc, Gst has never been a bitcoin play, just everyone getting very excited about Gst's side hustle, GS20. It's always been about fintech Neo Banking, if anyone has invested in Gst because of bitcoin, then they are going to get a very nice surprise lol.
Im now finding it quite difficult to keep up with what's going on and joining all the dots!
Need a nice long thought out Rns in December including current financials, future forecasts and a full company update please BoD. Not asking much for Xmas. Thanks.
Oh I can feel it Lloyd, been feeling it for some time, whenever this all happens, and I think we can all agree it's 'happening' as there is simply nothing to suggest otherwise, quite the contrary in fact with everything falling into place. Lets get that acquisition approved (Which I guarantee it will be) and this will open the up the other pillars as ive posted below re the GS Money app plans. Never been as patient and comfortable in an investment as this.
3. GS Money App, a mobile neobank application offering fee-free cross border payments. This new payment service is intended to use regulated stablecoins and blockchain-based ‘bank accounts’ to instantly transfer value between US dollars, Sterling, Euros and Chinese Yuan via a mobile device without foreign exchange mark-ups or additional fees. Once launched, the GS Money App intends to operate as a European Electronic Money Institution (EMI) licenced service, subject to the appropriate approvals being received. The GS Money App will not follow a banking/lending business model and it will not be engaging in fractional reserve practices as undertaken by banks. The cash reserve will be transparently managed by an EU registered entity that is yet to be established or acquired. Every stablecoin token will be backed 1-to-1 with real currency.
'managed by an EU registered entity that is yet to be established or acquired' Now is this what Easysend was acquired for......
2. GSend, a remittance gateway which is initially intended to be launched in the UK. The GSend electronic bank-to-bank transfer method will be supported by Wise MPay’s banking and financial institution partners, and overseas agent network, currently operating in over 18 countries and in over 20 currencies. GST are in the process of applying for an Authorised Payment Institution (API) licence in the UK to provide the required approval for this service.
We now know Gsend will operate in 130 countries and 70 currencies.