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EGTP, agree 100% , the Funds have been raised ( or will have) and now it’s time to get back to business, vortex has to evolve and prove it can scale , once that happens the holy grail of growth and monetisation may be unlocked . The next update is all important as you say, we now await this. The raise is past, markets are forward looking.

The reply will be most interesting and indeed it should be shared with all. It is overdue as it is the 99.9% that always were and are being diluted.

Thanks Jo

Who knows , some buying from ii may help the shares regain ground after the 50th corporate giveaway. ;)

Would be most pleasant to see a share price recovery that was not “placed “ into

Will it prove the case, now precedent has been set on revenue threshold breaks, I.e £1 million revenue, will we be kept apprised, by rns, once £2 million is broken hopefully by end of month

Doubt it Peter,don’t wait for that price.

HL has been fixed for some time Dave

No one wanted or expected to see sub 20p, but due to ongoing corporate give away , here we are.

Will probably be same issue that HL had many months ago , contact BlueStar NOMAD , will be a documents issue, suspect both HL and NOMAD know about it already and have done for some time.

Let’s hope they get all of this resolved before VORTEX grows too much more. Should really be able to buy this stock on any platform , if memory serves, previously it was due to key docs classifying blue star as an investment trust, obviously they are not.

Tomtom

Markets are all about opinions, I’m happy to read yours, I am mentioning a concern and the reason I have that concern. You too should be concerned if your holding is diluted with increasing regularity, yes?

I too stated, as you have, that visa and Mastercard is the game changer here, my post last week gave as much detail as I could muster as to why.

Trust this clarifies

Best

Good posts, 2PHEV — some very interesting stats.

However, before we see any further growth, I believe it’s critical that we resolve the corporate side of things. Specifically, we need to put an end to the ongoing pattern of discounted share issues to Mr. Slater. It’s arguably unethical — if not worse — that this practice has continued for over eight years now.

I understand why it’s happened: Fabrizi avoids going to the market or formal lenders by simply handing discounted shares to Slater — no fees, no scrutiny. Slater then forward sells his anticipated placing allocation shares at, say, 21p, thus , accumulating more stock at shareholders’ expense and maintaining his position at lower average price . This cycle has repeated far too many times.

It’s time we make it absolutely clear to Fabrizi that this must stop. If left unchecked, this could continue indefinitely — every time there’s a sign of recovery, another discounted placing is issued, resetting any progress.

The real issue is that no true recovery is ever seen because of this — the shares in issue balloons, and value is continually destroyed. As I said on Friday, history must not be allowed to repeat itself here.

shareholders must make their voices heard — by email, by phone, or by whatever means are necessary. I already know a few people who are eager to take action now, but I personally want to wait and see how the third quarter unfolds with visa/ Mastercard . However, if there are more corporate giveaways this year, I believe action will be inevitable.

Agree entirely , the fundamental reason behind, the increase ……. usage and revenue increase … remains , nothing has changed there.

Might hit 11p at some stage as , tends to do when corporate actions such as this occur, but onwards and upwards from there.

Long term holders should Register their displeasure with an email to Fabrizi.

Yep

Do explain why it’s a pump, the fundamentals that facilitated this rise are in place and are growing, the holy grail of investment is to get in on the ground floor of a company that is about to experience significant growth, vortex, of which blue star owns 27% , is arguably about to experience such growth, the fundamental reason behind the stock rise remains.

It is not ideal by any means that Fabrizi chose to gift slater more shares in the rns yesterday , it has to stop. That is the reason behind the retracement, however it allows others to enter the market and blue star is no longer in overbought territory from a technical standpoint.

Tiger16 a massive ramper , amongst other things, Quelle surprise !!

To all who were”taken in” , it’s just a market/life lesson.

Looked to me as though some who thought they knew what they were doing were taken in too.

It’s always you v the market , no one on here is here to help you without helping themselves , me too, I merely post that I think vortex will be a success and why… but Fabrizi “gifting “shares to slater at the cost of loyalty of long term holders is not helping that, I certainly hope that will be the last fundraise between blue star and slater, it needs to be .

I think Benn is a succession play, Fabrizi probably won’t hang around too much longer, if an RTO comes to pass

Either way , only thing that matters now is that vortex is a success , it’s primed … as dtransfer once was…

Some will remember several years ago blue star only had approx 1 billion shares in issue in the 0.1 days, then there was a bit of an issue…. a few times …..and thats when white knight sir slater came along and offered funds for huge amounts of shares, then in later years, no doubt around a round table , more and more shares were issued until eventually there were 5 billion shares in issue.

History had better not repeat here, we must , as shareholders, stop that happening again at all costs, I do not think it will for a moment as vortex should now finally put blue star on the map

Indeed nah42 , may as well rename company slater capital , not impressed with this at all , never have been , but have a decent chunk of stock , so have to tolerate it, always thought dynasty & dtransfer would be the big hitters, niw its just vortex. And to be fair Vortex looks very good indeed.

Maybe some forward selling to cover allocated placing shares, maybe ? Or am I just a cynic?

You would think that with a hit product ,, wait a little longer , raise a little more on a good news day, then raising funds to enhance the business. Let’s see what happens , could have been a more compelling rns than a drab few words about raise funds for satoshipay, let people know how the business is progressing for goodness sake, sell the story behind the investment, it’s doing very well , let investors know that, the company has certainly had no problem in the past few years quickly dishing the s5it news.

Not what we wanted at all.

Sadly Fabrizi never fails to disappoint .

Fair assesment Ntd