"Infusion (2009) Limited is a consulting company operating in the area of advanced AI Technology, providing R&D services for highly demanding AI projects, where the limits of innovation are pushed well beyond the existing industrial know-how."
RE: "Material uncertainty related to going concern" Brainspark AND QBT.21 Dec 2023 21:43
"Gone where?"
Gone. Gone. QBT and their previous noms de plumes have taken the cash and invested it elsewhere on busted flushes with not much likelihood of recovering it. Take Sipiem as an example.
It is the same as me putting food in the Cat. The Cat goes "nom nom nom" and then deposits the results in the neighbours garden. It is a sunk cost.
RE: "Material uncertainty related to going concern" Brainspark AND QBT.21 Dec 2023 21:37
"No. The money is gone."
I suppose a more interesting question would relate to how much money has been invested in QBT by people such as yourself to further their domination of Blockchain and how much has gone into subsidiaries that produce 3D models of cities.
RE: BobsSocks trying to troll hard new thread21 Dec 2023 21:25
I do apologise. I was just posting the Auditors opinion. Have you got a problem with the Auditors opinion? Do you think they are trying to get in lower? Do you think they have multiple accounts on LSE? Do you think they are being paid by a hedge fund to raise doubts over the going concern of QBT and one of their subsidiaries or the harm dormant companies might cause to QBT? Do you think they are ticking up everyone else's posts? Do you think those accusations count as facts?
RE: "Material uncertainty related to going concern" Brainspark AND QBT.21 Dec 2023 21:06
"Parry tell me who and where is the Brainspark money owed Bob, let me know when you find out"
Thanks for enlightening us with your extensive knowledge, Not.
I would take a guess that they owe the £36 Million to the parent company, QBT. I assume the going concern statement relates to the parent company blowing itself up.
Indeed we find similar statements made in the most recent accounts from QBT, 14th July 2023.
In fact the auditors appear to seriously hardcore in their standard accounting language to cover their backs if things go heads up etc etc as mentioned by LtdAxis.
Of course if you are happy to invest in a company with a Market Cap of £20 Million owed £36 Million by just one of its subsidiaries and an audit report that had to make several pages of disclaimers as to knowing what other liabilities the company might have then that is your lookout.
Brainspark itself is described as being wholly reliant on funding from QBT. The company has net liabilities of £36 Million and there is a statement in the accounts about a "Material uncertainty related to going concern".
"The impact of this together with other matters set out in the note, indicate that a material uncertainty exists that may cast significant doubt on the Company's and parent company's ability to continue as a going concern. Our opinion is not modified in respect of this matter. In auditing the financial statements, we have concluded that the Director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate"
Notice that whilst the auditors conclude that the Directors use of going concern is appropriate it is still their opinion that the Company Brainspark is subject to a "Material uncertainty related to going concern". Furthermore they appear to imply that the same "Material uncertainty related to going concern" applies to the the parent company, "and parent company's ability", Quantum Blockchain Technologies.
Again that is a statement from the auditors. Read the words yourselves and reach your own conclusions.
Claim 1) A method for providing prediction-as-a-service through intelligent blockchain code, the method comprising: analyzing transaction data stored on a blockchain in a blockchain network; automatically executing self-executable computer-executable code stored on the blockchain to (i) apply a predictive artificial intelligence model in the blockchain network based on the analyzed transaction data and (ii) trigger one or more actions in relation to an enterprise;[[and]]automatically instructing the enterprise to execute the one or more actions in response to executing the self-executable computer-executable code; and automatically modifying logic of the self-executable computer-executable code on the blockchain based on application of the predictive artificial intelligence model in the blockchain network.
RE: Are you paid to Ramp Jambone?20 Dec 2023 20:58
Sigh. It's like trying to get Jam out of a Slug.
The question to Jambone is in the title of the thread. Perhaps Jambone thought that if he said No I would ignore him and continue to insinuate that he was. I have never met anyone so small that they would stoop so low. However I would be interested to hear of others experiences and anecdotes.
RE: Are you paid to Ramp Jambone?20 Dec 2023 20:45
Hi. Other Bob. I am still waiting for Jambone to answer the question as to whether he is a Paid Ramper. He almost managed to get there but might get distracted. Thanks.
RE: Are you paid to Ramp Jambone?20 Dec 2023 20:19
Look JamSlug. You were asked a simple question. Are you being paid to ramp? One of Yes or No is the required answer. The same as you demand from others and certainly not your whataboutery.
We can get back to why you abandoned your phone to compose this latest bit of not answering the question assuming you did not phone a friend and get them to write it for you in properly punctuated sentences and almost correct spelling using your login credentials. Hopefully LSE will not see an IP mismatch in your recent posts.