Member Info for Chaebol

That is text from the RNS. It's indisputable Nero but you do you.

You will have a monthly OC hearing until settlement or court now..

I am sure bill will get excited when Sim holds the 5th OC hearing in August, bills still trying to work what month 31 is

So this isn't true at all is it Kat. The lender can't receive standard interest payments via preference shares at all. The only way the lender can elect to receive preference shares is when the loan matures and the principle is due to be repaid. That is on the 31st July 2030 Kat.

Wow are you not reading th RNS’s BFD?

Subject to the terms of the Facility agreement, the Lender may elect to receive repayment of the outstanding principal amount of the Facility together with accrued interest through the issue of a new class of non-voting preference shares to be created by the Company, with such shares carrying preferential dividend and liquidation rights. Any conversion into preference shares would be based on the average ten-day volume weighted average price of the Company's ordinary shares immediately preceding the date of the conversion notice and would remain subject to applicable legal and regulatory requirements and any necessary shareholder approvals.

Clarivan can choose when, do you understand BFD?

Now what price does it have to hit for the conversions to be triggered ? Thats why the 5% is nonsense, the value is in the covenants. And we will never know those !

But carry on making money BFD and clearly ignoring english writing in RNS's

Nice to see Kat making some great posts today about Clarivan, you should all take notes.

Arbitration against the Semnet sellers kicked off in July 2025. Must have retained Wu Tung Clan from at least 2-3 months before that arb date July 18

And now the $10M Clarivan “loan”. Please. No serious regulator on the planet is going to green-light a full MiCA licence funded primarily by fresh debt. That’s not how licensing works. You don’t buy credibility with borrowed money. So no they’re not going to buy a license tomorrow or next month. It would be far more telling for GST to tell the market why they’re actually failing.

Meanwhile:

* Angra MSB has expired — they literally cannot do business at all.

* Angra FX still hides behind weak, outdated safeguarding documents that scream non-PS25/12 compliance.

* The operation looks unmanned since at least 8 March (possibly longer).

I called the failed Lithuania MiCA application, the share price descent (1p → 0.5p → 0.2p), and the regulatory roadblocks well in advance. Got laughed at and shouted down every single time.

The cope was always the same: “It’s an iterative reapplication… they don’t need to tell the market.” ‘The sp will never go below 0.5p……… Insidious stuff.

Well, it’s almost July 2026. Still zero update on why they failed in Lithuania or why they never resubmitted in Q1 as promised. Radio silence.

This isn’t “hating” it’s pattern recognition. GST cannot keep papering over regulatory failures, expired licences, and execution misses with more debt and optimistic RNS wording.

But apart from 6 or 7 very special people on here, no one believes GST anymore

And while youre at it ask him why they remain sealed.

8 Jun 2026, 2:45PM Sealed

29 Jun 2026, 1:25 PM Sealed

The transition period for the Markets in Crypto-Assets Regulation (MiCA Regulation) ends across the European Union (EU) on July 1. Clients of crypto-asset service providers should check whether their service provider has a valid license.

"Lithuanian residents and companies can use the services of crypto-asset companies operating not only in Lithuania, therefore it is important to make sure that these companies have the right to continue their activities in the European Union. Crypto-asset service providers are informed about the actions they need to take, but consumers themselves should also take care of the security of their assets and inquire about the legality of the activities of their service providers," says Vaidas Cibas, Director of the Financial Market Supervision Department of the Bank of Lithuania.

Cryptocurrency service clients are invited to check with the ESMA register whether the company providing them with services is licensed under the MiCA regulation. If the company does not have a license, it is advisable to take immediate measures – to transfer their cryptoassets to a licensed cryptoasset service provider or to self -hosted wallets. Investors should also take care of their own funds – to transfer them to a payment account opened in their name or to the chosen cryptoasset service provider, if such an opportunity is provided for in the terms of the contract concluded with them. In case of difficulties, you should first contact your service provider.

The Bank of Lithuania has currently issued crypto asset services licenses to Robinhood Europe UAB, UAB Decentralized, Nuvei Liquidity UAB, UAB Micar assets, Newrails, UAB and UAB BLUE EMI LT. However, companies licensed in other EU countries under the MiCA regulation and having notified their activities in Lithuania also have the right to provide crypto asset services in our country.

Plačiau: https://www.lb.lt/lt/naujienos/mica-reglamento-pereinamojo-laikotarpio-pabaiga-ka-reikia-zinoti-vartotojams

The SP is .35

You have no crypto licenses as of today, and a vague plan to reapply in a state that has no MiCA laws (this is not satire)

MSB Canada expired 31st May and Angra FX seems to be winding down. Non PS/25 compliant and whatever happened to that EMI app lol

Semnet month 13 of litigation

All the rampers told me that all the above would be impossible and that it was all fud and rubbish from me.

Here we are June 30th and all the above is real.

When I cashed out last June, my 80p bags, my 2.10s, 2.8s, 3.5s… even my 5p positions were printing life-changing money.

Fast forward to now when we’re sitting at 3p, 2p, even sub-2p levels. Let me be crystal clear, these prices are going to be the new “I can’t believe I bought that cheap” moment in the 2028/29 cycle.

If you have the patience to add and HODL here, the next bull run is going to reward you exactly like 2021 and 2025 did.

The ones who bought the fear and held through the silence? They’re the ones who get paid in the mania phase.

Loading up. Not selling. Simple as that.

$GLA

Https://finance.ec.europa.eu/regulation-and-supervision/consultations-0/targeted-consultation-review-mica-regulation_en

So youre gonna have 10 million at the end of August yeh? Lol

If all parties were so confident why not just draw it down in one amount. Or does the market need to be tested on every 500k to 1million tranche that may be taken from July 1 to end of August ?

and then strategic acquisitions? that wont be licenses, and what about all these failed acquisitions that need urgent surgery now.

The debt-financed route on any license purchase is especially toxic. Regulators must assess the acquirer’s financial soundness, the source of funds, and whether the target can continue meeting prudential requirements. An unsecured loan facility raises red flags on leverage, stability, and potential money laundering risks, all core criterias under regulators globally. So thats mica and emi up in smoke.

Why did they fail with MiCA and EMI?

Mica 2.0 could beat Poland Mica 1.0

https://cryptodaily.co.uk/2026/06/mica-2-defi-consultation-admin-keys

Nobody has 10 million Ray, Lets see how vicious things IF/When you draw down, Lets see that come to some sort of real reality.

Youre not getting 10 million in 2 months if you do this goes to hell quick.

You need to get all your pillars working again, they are imploding. What transformational buy switches them on agian and its not mica lol

GST should wait now for ESMA to offer MiCA 2.0 its coming......or was the app so bad in LT they cant reapply lol

MiCA 2.0 being discussed

https://notabene.id/post/what-the-end-of-mica-grandfathering-means-for-crypto-firms-in-europe

https://notabene.id/webinars/from-transition-to-transformation-mica-grandfathering-ends

EMI’ supplemented in Lithuania.

https://www.lb.lt/lt/naujienos/finansu-rinkos-prieziuros-komiteto-sprendimai-24

Indeed Chef,

The sheet show should be fun for July.

Amongst many things Im hoping Clarivan can spell Stockholm correctly next week x;) We live in hope ! x;)

clarivan.se on contacts

Contact

Stoclholm brevboxar 2908,

In the rush to separate chan and lye they couldnt even do spellchecker on their site, a man with an alleged 30 years wealth experience is allowing his name to own a site that cant even spell Stockholm correctly, its mental tbh, sure the rampers will cheers it ! The Bais's bad habits of not being able to spell major countries and cities correctly has rubbed of on Larry the Lye and Dou

I bet their due diligence was thorough and intensive on that deal tho. lol

Anything under $40k and I'm a buyer. Always the same these cycles..........Margin calls for Saylor.

Lets see how many BTC he loses over the next 12 months. I think once Saylor is ironed out and maybe humbled is the trigger for the end of the bear market imo.

Do you understand these RNS's Ray?

Simple breakdown

Who decides

Can they repay interest on loan with cash/convert into shares/pref shares?

What type of shares

GST (Company)

Yes

Cash/Ordinary shares or Preference shares

Clarivan (Lender)

Yes

Non-voting Preference shares only

Interest is to paid monthly in arrears thorugh shares or cash but anyways Massi.

Why the GST Clarivan $10M "loan" is toxic for shareholders

Let’s cut through the bs.

GST is announcing a $10M unsecured “facility” at 5% from a 19-day-old Swedish PO-box company (Clarivan) with zero track record, no LEI, and no substance.

The UK general partner (Wide Ascent) is also a thin wrapper. with Alvin Lau some sort of front proxy...... This is not “smart financing”.

This is connected-party capital from Lawrence Lye, long-time business partner and co-founder with GST’s Semnet CEO Melvin Chan since 2019.

The 5% interest is pure marketing fluff. The real deal is buried here: “The Lender may elect to receive repayment of the outstanding principal together with accrued interest through the issue of a new class of non-voting preference shares with preferential dividend and liquidation rights” at 10-day VWAP.

Translation......Clarivan draws the money.

If the share price falls (thats certainty if oit gwts close to 5 million in debt!), they convert into more senior preference shares.

Those prefs sit ahead of ordinary shareholders on any dividends or exit proceeds.

They get massive downside protection + upside participation.

This is classic asymmetric financing. Management gets runway. Lye/Clarivan gets seniority and cheap economic control. Existing shareholders get diluted, subordinated, and take nearly all the risk.The 4-year maturity is an illusion. They won’t wait. Expect conversion into prefs within 6-18 months, especially if the price weakens.This structure fails every professional sniff test. Thin SPV, connected parties, minimal disclosure, massive size relative to market cap.

Buyer beware. The real terms are in the undisclosed Facility Agreement — and they are gteed to be heavily weighted toward Clarivan.

Real simple question for you geniuses does Clarivan want more shares for its 'loan' or less shares lol ?

I believe in the big payout in a few weeks when it is "ChrissyMouse" to use Billy's term.

Semnet settlement any day now.

Thats an assumption isnt it, theyve been assuming this since September last year. God forbid Chaebol makes assumptions.

But how they've failed is the clue Ray.

If you cant get approved applying how will you be approved buying a ready made license.

This isnt football. Its 3 years of regulatory failures, of things being too strict too difficult. Chucklevision brother could have done a better app in LT you could have !

Step 4: If contradiction still persists, assume a secret agreement exists.

So are you saying now all the terms of the 'loan'are public knowledge lol ?

Conspiwacy

1. Direct "Omnibus" Accounts via Institutional UK Brokers

* The Mechanics: Foreign wealth management firms like IWC Management or Singaporean family offices do not trade on the LSE themselves. Instead, they open an institutional "Omnibus Account" with a major UK-regulated market maker or broker.

* The Execution: Larry's team sends trade execution orders from Singapore. The UK broker then executes millions of shares directly on the London market under the broker's own name. This completely masks the fact that Larry and his close associates are the ones pulling the strings behind the order book.

2. Utilizing Nominee Accounts to Hide Ownership

* The Cover: If Larry and his team traded through standard retail or corporate names, UK disclosure rules would immediately flag them if their position crossed the 3% threshold.

* The Strategy: They place trades through Nominee Accounts held at large UK clearing houses. On the public share register, the buyer only appears as a generic name (e.g., "Hargreaves Lansdown Nominees" or "Interactive Investor Nominees"). This keeps the true buyers anonymous while they pump volume into the stock.

3. Creating the May 8th Illiquid Stock Squeeze

* The Ramp: On May 8, [GST was a heavily depressed, illiquid micro-cap](https://finance.yahoo.com/quote/GST.L/history/, 1.4.6). In small-cap markets, an offshore group doesn't need billions of dollars to spark a ramp.

* The Loop: By funneling through coordinated UK broker channels in a single morning, they artificially triggered the Bulletin Board charts, forcing algorithms and retail day-traders to pile in. This volume explosion laid the groundwork for the $10 million Clarivan loan announcement just a few weeks later.