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not entirely as normal dukee ...lol... PEN not going to plan at all !!!
would recommend our CEO Tony Fabrizi use some company funds to get a business class seat out to Malaysia to have a word with our friends at Dysentery. a face to face meeting may help concentrate minds
then on your way back , stop off at Berlin and have a chat with Satoshipay.
communication issues, never bode well !!
with Satoshipay ..... its all far far too slow, lethargic, no urgency.
with Dynasty ...... its non existent !!
surely prior to listing Satoshipay had a business plan, and one of those plans MUST have been to list PEN on more exchanges, improves liquidity and reach etc
2 months on , they are looking at guiding on wallets, i despair !!
i had hoped the fractured , two steps forward...one back, Satoshipay of old had gone, it would seem not !!!
i suggest everyone with an interest here contact Tony Fabrizi, email / phone and ask for clarity, the more contact he gets the more he can throw at dynasty and Satoshipay as evidence of shareholder unrest.
i'm sure good old Tony has been doing his best with both errant investee's , but the status quo can not continue , it's now beyond a joke.
@gazzleberry
concur!!
dynasty news will provide a valuation , whether it be sale or IPO..
to be fair, that's all we ask and all we require.
Dynasty £100m valuation = 0.3 to BLU and we currently sit at two thirds of that including S'pay.
i believe i started sharing my musings on Dynasty over a Year and a half ago now with regards the IPO or sale, sadly, we still know absolutely zero with regards the direction they will take, neither have they deemed fit to guide further.
"maybe a buyout or looking to float again"
they have never floated as of yet, that is the IPO aspect.
"the Dynasty news will be massive when it drops"
when , is the operative and contentious word, again this has been used for nearly 2 years now, and still we wait !
i would suggest with a NAV of 0.24, and testing of 100 day MA we should n't go too much lower, however, never say never with downside when it comes to Blue Star, we have all learned that.
i have mentioned to dukee that there does seem a distinct lack of urgency from Satoshipay with regards getting PEN on more exchanges, and they have started missing timelines again, which i really do not like, sends wrong message to market.
Tony Fabrizi can do nothing but keep badgering the investee as to when they might offer more information for his shareholders, but other than that he is powerless.
to be fair that's the state of play
@dukee ...... or buy at 0.08 , sell at 0.12.... 50%
@ragnarr
any thoughts as to drop on PEN ?
obviously market forces, more sellers than buyers... ;)
however what is the sentiment behind it? Amplitude delays?
is it correct to say that PEN token is the facilitator for all transactions.. ?
AMPE is a test environment token
AMBER is the forex AMM facet of Pendulum?
all transactions require PEN ?
i understand DaveTK :)
it is indeed an opportunity, i'm loaded up with all that i require, i now want to see upside that has been promised for years but sadly we have taken one step forward, two back, as has the share price. this mould needs to be broken.
the only way it can be broken is to put a floor under the price via a significant event or valuation.,
Dynasty or Satoshipay, i don't really care, i'd like to see it very much sooner rather than later !!
sadly a month on, PEN has not had the same market debut as moonbeam,
maybe the sector is in the crapper, however i did expect much more.
pendulum seem to be pushing on the african side of payment matters. i could not give a rats ass about this,
lets get to the juicy AMM , the FX side, this is the money shot.
must admit , much as i hate to say this , after all this time. its now very hard to see what will rerate Blue Star in the near term, without valuations
TF has no enforcement powers, even with the percentages owned of each company, to demand Dysentery or Satoshipay show their hand and thus their valuation, thus he will have to force the issue by paying Blue Star funds to arrive at a valuation for Dysentery and Satoshipay.
such is investment !!
agreed, scameron knows no one trusts a word he says.. much like his father scameron has lead quite a few investors to significant delay and loss, the apple does not fall far from the tree
thing that continues to amaze me is that good old scam' pulled one over a judge in a court of law, i would have expected scameron to be wearing a prison outfit by now after the swag he has plundered.
so basically agree with brownadder, if you cant trust a word scameron says, why would you believe any figures he touts, only way this company relists is if scameron is ousted or imprisoned.