RE: Satoshipay is about blockchain not crypto19 May 2022 05:56
fair pint ragnarr and of course i know and understand your point here.
i like to see companies and people deliver on what they say, however, in business in particular things change, war, pandemic, market conditions , acquisitions etc
however if the IPO landscape has changed then Dynasty really should have reflected that to their investee Blue Star Capital with subsequent details from Blue Star to its shareholders.
this is the problem with offering business musings in a podcast.
lets see what happens next and when, i'd be very disappointed not to hear more from Dynasty before end Q2.
its IPO or sale, the question is which and when ?
Pendulum seems to be moving apace, we just need any facet now that will provide the market withy a justified current valuation of Satoshipay / Pendulum , BLU can then move to a more reasonable share price and market cap, where we are now is ridiculous.
RE: Satoshipay is about blockchain not crypto18 May 2022 15:44
we were advised in the podcast featuring matt lodge and derek lew in Q3/Q4 2021 that Dynasty would look to IPO Q2 2022 i do not have a link to the podcast to hand ragnarr, however i am sure someone can post the link.
RE: Satoshipay is about blockchain not crypto18 May 2022 08:57
where we are back to now is a very important support level, thus something substantive required very soon to provide a catalyst for upward momentum !! wtf is happening with Dynasty? IPO was stated as Q2 2022 and we've heard jack schmitt as of yet !!! would be good for the dynasty board to let us know whether they ipo or sell .... of course current market conditions maybe the deciding factor on the IPO front, raging inflation, interest rate environment and war may not be a background they wish to IPO in. we shall see !!
a good assessment ragnaar. i was here for micropayments too Dave, however the actual payment side provides massive revenue going forward, once the bridge is live. am hopeful, as duke stated a few weeks ago, that we should be nearrer 1p once this comes to pass and maybe with some Dynasty news thrown ion too.
risk: if markets continue to meltdown, then Dynasty may pull an IPO
nothing stops Satoshipay/Pendulum though as the project is funded by stellar and has real world uses, thus once the ultimate milestone is achieved (project live) then revenues begin and we see what traction and revenue , for a start, accrues. ragnaar is the research guy here, these are my thoughts for what they are worth !!
Dynasty worth 15m at least , so at low end 0.3 Satoshipay/pendulum , at low end worth £27m, if it is and has to be valued at least £100m now. , so 0.6
gives a value on sum of parts , for these 2 alone, of 0.9 i am not happy at all that we find ourselves in the 0.2's once again, not that the market gives a flying sh5t ;)
its all got rather boring with regards BLU sp, volumes are now pitiful compared to what has been.
lets hope, as we suspect, that May proves transformational.
surprised , same as you duke, that still some frequent and reasonable sized sell orders going through. from a technical standpoint i'd much rather be a buyer at this level than a seller.
ragnarr, what is timeline from here for Pendulum? i know they said q3 for parachain, but some think things are moving much quicker !! and i believe it would be fair to say that once pendulum parachain is live, then tokens release along with revenue from Dtransfer? this really should be a major catalyst, !!
wish i was a fly on Dynasty boardroom wall, they certainly are taking their time deciding on sale or IPO.
"Surely it would have been better to raise say £500k in a placing. If it had been voted through when sp was on the 0.47 area it would have been done at a higher price than todays sp and we would be financially secure for another yr. Now we just wonder what we are going to do."
WHY? Blue star capital is an investment company, its investees are responsible for their own operating costs, BLU is minimal and with very little required to keep the lights on. they have £269k, which by my reckoning, all things remaining equal, gives BLU 8 years cash
as i have said previously , the only exception is if Dynasty or Satoshipay / pendulum raise funds and BLU is required to take advantage of antidilution .
1.. DYNASTY is either a sale or an IPO, IPO will raise funds for them through investment, if we contribute then we do a placing, or we may choose to sell our stake into the IPO.
2.. Satoshipay/Pendulum/Dtransfer... Satoshipay is funded by Pendulum , which is funded by Stellar. same applies , if Satoshipay IPO or BLU sells 27% stake, who cares we are in clover and in the pennies.