Member Info for buried_treasure

Oh, and Krankie.....

I thought I was filtered???

"You are Tom Winnifrith."

I've heard it all now.

I think the Mandy Rice-Davies reply appropriate here.

Instead of writing to his fanboys one at a time, the sainted one needs to update the market.

Oh, and...

PUT A BERNIE IN.

Shrewed_mole

"what's you beef here" [sic]

I am here because I have a significant vested interest in clean and efficient public markets. Therefore when someone says in RNS that they are going to do something in a certain timescale, I like to make sure they are held to it.

So when somebody says in RNS on 25 June they are putting in an immediate £1 million to buy bitcoin, I expect "£1 million" to be put in "immediately" to "buy bitcoin". And I don't think that's unreasonable.

Here we are almost THREE MONTHS later, and no £1 million, nor any bitcoin.

I gather there have been some delays, the like of which I believe may have been foreseeable by "a seasoned entrepreneur and investor with deep expertise in crypto assets and institutional capital markets".

So a bit more due diligence on this fellow shows that he may not quite be the serial value creator he is painted (see LP REALISATIONS LTD formerly LAKE PARIME LTD) and as at the last accounts (31 March 2025), the funding vehicle SKYLAKE MANAGEMENT LLP had the princely sum of £1 in the bank. Frankie963 says I "have no facts whatsoever". Judge for yourself.

Since the end of June lots of things appear to have been taken in the wider market as having happened which have not. For clean and efficient public markets we should all be dealing in full knowledge of the same facts.

In my opinion the market has been spoofed. Three months ago today the share price was down around 0.6p. On hefty volumes they hit a 52 week high of 1.80p on 26 June. Even with today's rise we are about 40% off that high, so I think we need a Stewards. If you were spiked and are still holding, you may disagree, but different opinions are what makes a market.

Again, to repeat, if Skylake puts in £2M and £1M of that is used to buy Bitcoin, I will wish the company well and move on. Until then I'm not going anywhere and all bullish comment will be met with the facts from the public record.

Is that the best you got noswej?

(As another week slips by with no sign of the first Bernie)

"Echo chamber secure, Captain."

Frankie963

I thought you had "filtered [my] trash energy from [your] visual"?

As a reminder, Frankie963 spoofed you all on 29 August with

"Sath will not waste any time in the 1st purchase of Bitcoin. All he was waiting for was to get this funding confirmed and with his Crypto expertise.....we can expect this purchase news shortly. So much to look forward to and we are sat at a crazy basement level SP"

The price was 1.40 at the time - i.e. 25% HIGHER than now. We are now expected to believe that despite all his banking and "Crypto expertise" he didn't know he would not be able to deliver on the "immediate" (LOL) £1M.

And

"Sath knows what he's doing and he may have already bought them earlier (he has the cash)"

Does he really, Frankie. Does he really...

Frankie963 is still waiting. There has been no announcement or even an update since.

Frankie963's credibility is right up there with St Sath.

Your reminder of the fact that "the CEO's personal backing" is still very much future tense, and looking at the latest accounts for his LLP in the public domain, very much backed more by shirt buttons than actual liquid funds.

THE_CHUMP can't carp on about CRML shares any more as he got schooled on that by yours truly.

So now he carps on about Atlas and is obviously up for a schooling again.

What is the nominal value CHUMP?

What is the current bid CHUMP?

How far did it puke when someone tried to sell £20K last week CHUMP?

Can you work out why it's as dead as a door nail?

Fat lady clearing her throat in the wings.

I've been bearish here all the way up and all the way back down again, but I'm not sure you can say it's a scam because of the warrants. They've been there in plain sight since the prospectus was released.

People have been quoting NAV based on current shares in issue since the beginning. The correct calculation is Fully Diluted NAV. FDNAV currently stands around 53p so it is a sell / short anywhere above that.

Multiples of FDNAV is crazy.

ChatGPT has St Sath marked up already? Blimey, this AI is good.

Noswej

Strong "I'd have gotten away with it too if it wasn't for you meddling kids" vibes off you.

Are you St Sath in disguise?

If you say so spike.

And that prevents him putting in the first Bernie how??? Presumably the company has *A* bank account, if not a UK one?

Or a solicitor with a client account for escrow?

Those warrants are NEVER going to be repriced. That has been the crucial part of the whole scheme since day 1.

Listening to Tom Winnifrith's Bearcast today, St Sath gave a different explanation at Sharestock.

Fair comment, as long as "come back Aiden all is forgiven" goes smoothly.

If the noteholder or the person behind it demonstrably had £2M to put in I might be inclined to agree with you.

If it relies on others whose ardour for BTC In Treasury may have waned with the bursting of that bubble... problemo.

In that situation the CEO (Sath) may not be in too much of a hurry to serve and enforce a drawdown notice on the facility provider (Sath).

Seeing "this is a related party transaction" in a London small cap is about as strong a sell signal as there is.

You would think a self-proclaimed crypto and banking expert should have known all this.

So in other words "an immediate £1 million to facilitate the commencement of the Company's initial Bitcoin Treasury strategy purchase" on 25 JUNE was a complete spoof.

Plenty here fell for it, and some are selling hence the fall.

Methinks noswej directs his anger and abuse in the wrong direction.

More and more people are realising that announcements since June have been one almighty spoof.

Your CEO must be the only BTC guru in the whole world with 0 BTC and 0 readies of his own to buy any, and whose self-curated image as some sort of serial value creator doesn't stand up to half an hour's scrutiny at Companies House.

Do your own research noswej, instead of abusing others who have done theirs.

OK. We'll agree to disagree.

Let's see what the FCA make of it.