Member Info for Chaebol

Wrong again BFD

The Weapon of "Security for Costs"

The defense lawyers (NLC Law Asia and Allen & Gledhill) can file a summons arguing that Semnet is an insubstantial corporate entity or that GSTechnologies is burning through cash. Under Singapore law, if a defendant can prove the plaintiff might be unable to pay the defense's legal fees at the end of a trial, the court can order the plaintiff to bank a massive sum of money (often hundreds of thousands of dollars) into a neutral court escrow account before the case is allowed to proceed.

How much money have GST got today Ray?

"Security for Costs"

Its not a fad.

Lets see if they file an appeal, if they file an appeal thats another 4 months.

How much money have GST got today Ray?

Everyone of your posts has got my name in it Steady. Thats some derangement.

Go and get a life or at the very least talk about your investment GST.

Cant imagine just writing all day about another poster, super deranged.

But Zheng Zhu can also file claims on security of costs to verify GST have the money to sue them.

Oaths/affidavits on their assets usually suffice in Singapore.

If

GST/sement (sic) get itchy they should start Freezing Injunctions (Mareva Orders) Kat

Ive said it a few times BFD. Its just not sinking in with you.

Hope youre happy with the outcome today and at least GST know the venue now pending an appeal.

9. I know more than anyone here

Show me that one ray.

7. What are you all going to say when i'm right about the stay application

Yes I confirmed they filed a stay application to take it abck to arbiotration even that was controversial when the filing was listed here couple of weeks back.

The rest are still in play.

I never said not going under 1.9p

'Never going under .5 p'

Mica any day now in September 2025

and so much more i cannae be a55ed.

We still under .5 FWIW lol

Share price and licenses you have made a berk of yourself the end. at least ive tried to find out whats going on in GST and not rage at your posts but at GST and updated the board here with filings and their meanings, whilst you all ridiculed even the filings and the meaning of the apps and the hearings that were taking place at the time couldnt be what chaebol says.

So is an appeal. The way they have played this It would be the most logical step for zheng zhu to pursue.

Its all to play for.

Month 12 lol

Bill you have a lot of news to clear with lots of pillars this month.

The tape was absurd today like it has been since the 8th but im sure you all see something different.

BBQ time some rib eyes x;)

Peace,

What that you won the venue lol despwate lol

If zheng zhu are playing delay games then get ready for an appeal, thats another 4 months of games.

Whats the % staff increase at Semnet ?

I have said i called the stay apps judgement wrong, they were not upheld. Its not like ive told everyone it will never go under .5 p or 1.9 p or mica any day now from September or that arbitration would be solved in maximum 6 months and all the other gobbledygook ive had to hear.

I called the stay decsion wrong but at least I knew it waastaking place eh! and they had.made a decision and since Friday been calling all sorts to get the info. Lets see if they tell us zheng zhu have appealed.

What new deals at semnet ?

What new revs?

Bfdinvestor

Posted in: GST

Posts: 11,435

RE: Legals

20 Feb 2026 13:48

Nope Chaebol you are just squirming

GST have shifted to the full legal route because the two former directors have welched on arbitration

You told me again and agian that I didnt know what I was talking about with the stay Apps to stay back to arb, those were stay apps to take it back to arb for zheng zhu no matter how hard you dig BFD.

Dont change it to genreral stays they ar happening all the time in court cases, You said how can they file stay applications for arbitration when Zheng zhu rejected arbitration?

Months you wnet on about counter claims, where are they chaebol ! when i tried to tell you they cant file counter claims yet because that would invalidate the stay application and still you persisted.

It is impossible to reject an arbitration ruling massi.

Thats why the dumb takes on zheng zhu rejecting arbitration was exactly that.

Mediation failed is a big difference to rejecting arb.

No i accused you of low iq because you wanted to bet that it would be a partial stay and I was the one saying stays since February writ.

That was the low IQ take I accused you of, well done massi I called the stay wrong, even if BFD and many others said I was stupid for thinking they can file stays because it was rejected etc and that the decision was made on the 26th, You argue on my posts but esentially today you won the venue not the case.

The company is no better than yday and still has multiple problems wth many of its pillars.

A corporate update is long overdue.

Lol You have big news to sift through in June, might even get an update on MiCA finferno bake and gs20 this is a large part of the group doing nothing and what is the plan with that.

18 months of MiCA bills and no license looks the same with EMI and Angra, and angra still have a non responsive phone system or manned office which is kind of telling me a lot as well.

They owe loads of news Nero on all the so called pillars, if we get that news we might all be able to understand whats going on here but until then all we can do is guess.

What am i not understanding Nero ?

What new contracts have they made ? and what new staff , the staff numbers have not changed in any sort of downward upward meaningful way.

Vaultrex is not new its from JP solutions and they created it in 2023 , still no independent clients or users, but your gonna say vaultrex worky can you find any independent clients that have used vaultrex let alone the worky

Who have they recruited apart from Melvin and what contracts have they won lol we were told they signed 36 million contract literally when GST bought it, we didnt know then that zheng zhu got all the profit from thatb 36 million and that it would be the last deal they have announced publicly.

They are great arent they lol

The registrar dismissed the stay apps so yes BFD the registrar has confirmed in her ruling that Semnet claims exist outside of SPA otherwise the stay would have been upheld lol

Im not going to argue about the tape, its simple to see the manipulation since the 8th May very little is actual buying and huge sells constantly print but hey it im imagining the number that im seeing on the tape ffs lol

If this was organic buying and building id say it for what it is, this is manipulated rubbish dead this morning, SINTS print triggers technicals and bs happens but big sells heavily feature from the 8th May not just today.

Now when is GST gonna do corporate update you should all be insisting on that ! June 15th is the latest theyve printed, what goodness can they tell us lol

Ian you have won the venue. The registrar sadi the claims exist outside of the spa not the wrongdoing parts of it.

Thats the win! you go to court instead of arb unless an appeal is lodged and reverses it, but in the time game delays Zheng zhu can waste another 4 months appealing.

Zheng Zhu as i am told often rejected 1.1 million and shares back if they were so guilty they would have paid then wouldnt they! if millions had been rinsed, Zheng and Zhu worked with Doris for years, i think so much more games to come. This info has been out there since 26th May and the tape has died on that day and been propped up with clear manipulation again today

Look at the tape today supported by SINTS and prop buys and then huge sells. Rinse repeat.

I dont think Zheng Zhu are a guilty as everyone makes out, they had grerat chance to settle apparently and did not take it.

Keep your eyes on the filings GL