Member Info for BobsSocks

"QBT? Now that is not just a sock its a dirty wet one with holes in it. "

Don't forget my pants.

"Bob, what a hypocrite, how’s your QBT doing?"

Aha. We are now on the Super Bingo Card. I'm not surprised that one did not take long. Also includes quotes from someone else. Maybe you can move on to my mental health and my Mum's basement. My sexuality has already been covered.

Can you also invite someone who has retired on their free carries and is living it up in Greece?

"Not just tumble dryers bobby the sock, the washing machine is also quite capable."

Have someone look at the bearings. Oh... that also applies to tumble dryers. Thanks for the reminder.

I guess I will have to scrub my R42 proposal for an AI enhanced Tumble Dryer given there is already a solution for sock loss. Then again this seems to be an investment rich environment so they could still mug you for it.

"LOL lil bobby has lost his socks."

Tumble dryers do that.

Perhaps R42 can come up with an AI enhanced one that is connected to The Wormhole so we can get them back. Then CPAI can sign a head of terms with them for a working product that might be expected to arrive sometime in the future.

I would advise a few calculations on World sock loss over time to make sure you have enough recovery space.

"Liverpool wiped out by AI Enhanced Sock Recovering Tumble Dryer!"

I see reinforcements have been called in. That's very kind but I called House some time ago.

Please do continue adding to my Bingo Card. Obviously I have heard it all before but do carry on thinking that you are original.

"Read the RNSs kiddi"

Good Idea!

"Movie42 remains under active development by R42, with delivery of a minimum viable product ("MVP") targeted by 31 March 2026. The licence and option rights that would be granted to capAI under the LOA will only become effective upon formal delivery of a completion notice (the "Completion Notice") confirming the platform is ready for commercialisation."

Which basically says "Our Slop is not yet fit for purpose but here is a guess date sometime in the future when we will absolutely own the Multi $Trillion Market."

https://pivot-to-ai.com/2025/07/31/edward-saatchi-pay-to-make-your-own-bad-ai-south-park-episodes/

"This Announcement may include forward-looking statements, which are based on current expectations and projections about future events, including about the Group's operations, strategy, financial performance, development milestones, and the future prospects of its business divisions, including capMedia Inc and the Movie42 platform. These statements may include, without limitation, any statements preceded by, followed by or including words such as "target", "believe", "expect", "aim", "intend", "may", "anticipate", "estimate", "plan", "project", "will", "can have", "likely", "should", "would", "could" and any other words and terms of similar meaning or the negative thereof."

Good job they included that one.

Minus operating costs it sounds like an over estimate but give them $200K per year.

According to Lewie,

"So for us our underlying business and how we got approval from the

London Sock Exchange is Bitcoin Mining. So we have a very natural core

business that feeds Bitcoin into our treasury anyway..."

It looks like harvesting investorcash will get them more money than mining.

Elsewhere in the vid Louie says he is talking to debt holders so I guess the Bitcoin Treasury is going to be used as a wrapper for those debt holders to convert the debt into something a bit more liquid to them, your cash, by directly investing in London BTC shares who will then sell those shares on via the open market to retail investors who will end up owning something even less liquid than the debt that was converted into your cash. Bitcoin and Shares in London BTC.

I would recommend that everyone reads Liars Poker by Michael Lewis. Available on Kindle for £5.99. Very enjoyable and goes into the mechanics of these things.

It was written in 1989 probably before Stewie was born so he might not know how well that one did not go for the retail investors or, eventually, those who still made out like bandits.

My bad. A Petahash is 1x10^15 so my numbers are wrong. It's a good job someone caught that faceplant. Vinanz would have been, are, solving one block, at the current rate earning 3.125 bitcoin per year.

People who don't do maths should try not to comment. Those that can should check my numbers for errors.

One thing I also took from Dewies video expressing how happy he was to be in a position to set the sharks on private investors was his claim for 'organic'[?] mining of Bitcoin. Presumably a reference to the rigs that the company has. Does anyone have the numbers for that?

Has Vinance ever said how many blocks/bitcoin they have mined?

Closest I can get is,

https://polaris.brighterir.com/public/vinanz/news/rns/story/x8397er

From February this year where they claim 16.4 Petahash. I dunno. Argo used to give regular updates on how many Bitcoin they had bagged but they have/had in the order of 5 ExaHash.

Anyway a Petahash is 1x10^12 hashes per second and the network is close to hitting 1 ZettaHash which is 1x10^21. The network bags a block every 10 minutes so with 1 Petahash you would be expected to bag a block once every 1x10^9 x 10 minutes or every 457 years.

With 17 Petahash Vinance would bag a block and 3.125 bitcoin every 27 years.

Again. Have Vinanz ever claimed to have mined a block or any bitcoin as a result of their mining operations or have they just boasted about buying rigs and getting cheap electricity?

Again my numbers might be wrong but if Lewie is going to drivel that the company is actually mining Bitcoin he should drop his trousers and show the numbers.

Lewie explains it here,

https://x.com/TimKotzman/status/1943411687492583661

London BTC get permission to act as a middleman for holding bitcoin for Fools by giving warnings to private investors about how speculative their punt will be. Then Lewie talks to the Sharks in the background who can't sell debt to the Fools because of regulations. The Sharks buy shares in London BTC. London BTC buy bitcoin. The Fools go wow! another SWC and pile in on the open market letting the Sharks dump their shares. The debt they could not previously sell is offloaded on the Fools. Profit!

Someone tried to ramp QBT off the back of this actually a previous Proactive interview with Lenigas when he was saying their mining performance had improved by 15% - 20% a year ago by overclocking the rigs.. Naturally they did not link to the videos because anyone seeing the evidence would destroy the ramp. Having looked I saw the more recent one where wet behind the ears crypto zoomer Rattray is trying to emulate FTX or MicroStrategy.

Seriously if you want to buy Bitcoin then buy Bitcoin. Any of these Crypto Strategic Reserve Bletherers are just going to leverage the sweat out of their holdings assuming they don't float them out for some pseudo made up meme stable coin. Lenigas being in the mix does you no favours either.

My Bad...

https://www.mirriadplc.com/investor-relations/aim-rule-26#accordion-1709-panel-1

"As at 28 April 2025, Mirriad Advertising plc has 1,032,600,894 Ordinary Shares of £0.00001 in issue. Of these 27.98% are not in public hands."

I guess everyone else is reporting based on their AIM 26 rule page.

I'll get Aim Regulation to have a word with them. Apparently the page is meant to be kept up to date.

What happened in one month to cause them to issue an extra 17 billion? ISTR some major disruption for, shafting of, PI's going on some time prior to that timescale but do not recall the details.

Hmmm 280.000.000 vs 1,030,000,000 in issue. Correct me if I am wrong but that looks like 27% of the company.

https://www.mirriadplc.com/investor-relations/aim-rule-26#accordion-1709-panel-1

Top Holder [not you]

Rathbones Investment Management Limited 154,942,340 15.01%

I assume you are talking about a different company with 1 Trillion shares in issue.

I see Peel Hunt are still bouncing in and out hoovering up PI money.

"Even more volume (as a % of shares) than ICON and that's rocketing."

Spreading yourself about a bit Janiax?

There are discussions elsewhere suggesting the conversions in ICON are being done to exit with at least some cash on PI excitement whilst there is still time.

I've not really been following things but the holding via TR1s seem to be bouncing both up and down suggesting that they are working profits from their trading either way. After all that's what they, and I guess you, are here for. They just have deeper pockets and better brains when it comes to taking their cut. I would be cautious about the apparently hopeful who suggest there is any interest based on inherent substance in the companies offerings.

Does anyone get the impression that the likes of Peel and Winter are milking PIs on this one?

Https://pivot-to-ai.com/2025/05/30/phil-ferguson-show-interview/

As per a previous post I baled someone out from their stock market losses of which ICON formed a major part in exchange for rent. They were stressed out and visibly suffering from the accumulated debt on the verge of losing it mentally and, along with credit card bills and loans against the house I could have become homeless. Fortunately my Mum popped her clogs so I was able to help them out.

Sorry if that one sounds strange. I am a bit of a failure at life but over the last 35 years I have always been able to come back to this house when work did not work out so he's been good for me in still being around terms. Then again today he says he took some profit from ICON and put it in AGL and babbled on about the 5 TR1's here. Incorrigible.

I guess that one means that I will be living here until I die or I win the lottery or premium bonds with what is left of my inheritance but aside from my own fantasies his hope as driven by some of the messaging on these forums is depressing. Still I suppose it means it works for those who drive such hope and others into the misery that results.

Apologies for the downer.

Although I would like my money back I have to agree with the note of caution. I am a stranger to this share myself but beware of strangers.

In particular, and I do not know if they are here already but some appear to smell, beware of the traveling rampers flooding the thread with unsubstantiated expectations.

In particular any mention of AI.

I don't mind getting my money back or some of it but not at someone else's expense. It has to come from performance from the company and, for the moment, I see no signals of substance.

The TR1s mention ABO and ABO was mentioned as the people keeping things alive after the relisting. Is that of any relevance?

"As at 30 April 2025, Iconic had around £100,000 of external trade creditors/accrued expenses. ABO, the Company's key funding partner, through its WTGO fund, has confirmed that they will fund this amount and continue to fund Iconic on a rolling three-month basis as Iconic searches for alternative acquisition targets."

I don't hold any of these but I baled someone else out to the tune of a lot of money to clear their debts, 24 years of rent money, largely as a result of their being in ICON. Since then the house has become a tip and a door slamming drug addict has moved in so I do not get much sleep. It would be nice to be able to move out.

GLA..... and ME.