Member Info for Chaebol

The strange one for me is YP silon still deny any knowledge of the 36 USD million contract, and amazingly whatever company was behind that 36 million contract never bought another item off Semnet ever again. Thats strange.

Also find it weird that in the interims update about the arbitration they never speak about the business of non compete or non complete just 'expected' amounts, until this is 'signed' the GST words are very hollow.

They would have to RNS the signed agreement

Semnet Settlement RNS Requirements, GSTechnologies is required to issue an RNS promptly when both parties formally enter into the settlement agreement (i.e., it's signed/executed). Here's why and how it plays out: Under MAR (Market Abuse Regulation) and DTR (Disclosure and Transparency Rules): As a Main Market Standard Listed company, GST must disclose "inside information" ASAP. Inside information is precise, non-public info that could significantly impact the share price.

The settlement resolves a material dispute, recovers ~US$800k cash, unwinds 58.8m shares, and reimburses ~US$300k costs (tax bill). That's unequivocally price-sensitive—positive resolution (or any twists) would move the shares.

They've already disclosed the arbitration start (July 2025 RNS) and mediation/expected terms (Dec 2025 interims), so consistency demands an update upon signing.

GST should also cancel the 58 million shares and then Semnet never actually happened……

The core law remains the Companies Act 2006 If/when the ~58.8m consideration shares return via the Semnet settlement:

* They can be transferred back to the company and treated as treasury shares (especially since Main Market is a regulated market, fully supporting the treasury regime under Part 18, Chapter 6).

* Under section 727, the company can then cancel those treasury shares at any time—no shareholder resolution or court approval required for this step.

* Upon cancellation, the nominal value transfers to a capital redemption reserve, and issued share capital reduces accordingly.

* The company would simply announce the updated total issued shares/voting capital via RNS (standard practice), and LSE admission rules would handle any minor admin.

Oh my god he had long shares in October ! 1.1 p's It must be all fake !

Are you really this deranged BFD ? put this in your peace pipe, since I hedged in January last year all I have done is make money from shorting here, some long shares remain about 300k shares now, and maybe if im wrong they pay off but the last 12 months paid off here, so relax.

Was very vocal at 1.4's and 1.25's to sell, I hope some took advantage of the recent manipulated rise and got out. One more bad move and this goes lower than .35 and right now all I have is long shares.

Am I biased lol

And if you think that you really are special billy boy.

Amazed with all the so claimed shares you have that you have not acquired the semnet accounts, just dangerous stuntman ramps into oblivion, and you have the gall to say that you burnt me.

You're a dangerous lunatic x;)

I think youre just being stupid now..........Go over the accounts, its clear as day !

whatever you want to call it its covering the tax bill

Net loss, representing total comprehensive profit for the financial period - 1.4.2024 to 31.3.2025

(307,634)

Income tax expense

(311,558)

whatever you want to call it its covering the tax bill

Net loss, representing total comprehensive profit for the financial period - 1.4.2024 to 31.3.2025

(307,634)

Income tax expense

(311,558)

Get it now?

Get it now?

Good grief...... but semnet paid that 305k tax bill.

Think Billy........I know its tough to take out the Chaebol derangement.....but Maybe in the mediation hearing they agreed to pay that back as it was a direct cost to the group and they may have failed one of the non compete complete clauses that triggered that, who knows, but 300k being touted by GST sounds very logical that its the tax bill getting covered.

Like I say page 20 its 305k USD

Reconciliation of effective tax rate: 1,798,970 ========


Tax at Singapore tax rate of 17% (2024: 17%) Tax effects of:305,825




No wrong again Billy, If you take a look at page 20 Semnet most recent accounts you will see the tax bill is 311k USD that was the tax bill from the 1.75 m profit that was then distributed to the former owners.

Makes sense they get that back. Youre another one that hasn't gone through semnet accounts. Amazing

The bod have stated that it ‘appears’ the former owners have entered into a ‘formal mediation hearing’ where they ‘expected’ they would return 800k the 58 m shares and the 300k tax bill paid on the 1.75 million given to them as a special dividend from the profit on the 36 million contract. Thats what the BOD indicate, they do not mention anything about stolen clients or employees/the non compete clauses. Today 17th January still no update from what the BOD said about agreement being signed late Dec early Jan, so now delayed or added/unknown complexities.

So ‘if’ this is eventually agreed 2 to 3 years of an absolute sheet show and semnet is a verified hollowed out shell with the arbitration confirming its value is effectively zero as all sale money would be returned. I’d like to see someone IPO that x;) let alone rebuild the company.

I wonder if Merv Zheng and Choo sold their 58 million shares in the pump of early Jan last year, within 6 weeks of owning them, shares had pumped 1.25 to 3.5 and semnet was being given IPO values of 54 million USD, I wonder if they brought that up in the arbitration mediation hearing, but could this recent silly pretend fake manipulated insider pump be the Merv and Choo show buying them 58 million shares back. X;)

Sounds like a ubiquitous den of thieves to me. Someone has been having it off in all this. So they defo walked away with 1.75 Million USD clean and any share profit from the 58 million shares and the 800k sale money that could have been 5 mill usd at one point lol, and will they give back the entire sale amount plus 300k, and they rinsed all the clients and best employees ! What a deal they got !? I bet Merv and Choo laughing hard at all this, especially if they bought back at .45 .5’s………….. Merv at some Singapore exhibition last November he did look smug and rich! But even he seems busier than Semnet and don’t get me started on Vaultrex/Valtrex………. IF you know you know x;) evil coincidence, pure evil. But they need a new name for that sharpish.

But at one point Merv and Choo had potentially 5 million USD from this deal then took it's best clients and staff. Another wonderful chapter from your Neocrankers.

GL to some x;)

I did actually say .35 on official no MiCA news, it did hit that, for the no MiCA prediction from me for months it was chaebol locks until it wasn't.

But it didn't hit 0.2p so ridicule me for that, and give the 5 p mica any day now posters the love x be careful what you wish for ! you had the nefarious vagabonds ramping crew hit the boards and cross ramp hard on the 8th Jan, alls fair in war, it’s trench warfare out there, but they’ll want their pound of flesh soon! next leg down will be very interesting, all this has is Angra, the rest is very opaque.

Lower highs, lower 52 week lows, the doom loop continues. AIMHO

Lol getting warm with Chaebols grains of truth !!! my posts were a lot nearer the truth than most here..........I actually think the EMi decision is a lot closer than the Lord indicated and its at nitty gritty time (FCA say 3-12 months) and this could more likely be parts of the corporate clean up that is required. If the corporate structure fell with MiCA then it more likely falls with EMI as well. So i think this is a proactive step by the BOD to have less conflicted parties and interests, I also believe they had to cut Semnet off revenue streams because of the link with Jacks wife and son.

If they reapply to LT I'm shorting this again x;) they have so much they need to do to make that viable and even then still no gtee, need to find an easier jurisdiction than LT, or give it up......Coingate is the comparable and you are millions away from that.

IMO no sandbox application has been made they are swamped with MiCA and EMI imo and Semnet arbitration is now delayed or hit new complexities...........

Wheres the podcasts ? I did say they wouldnt be doing them as they would then be giving free info away about the LT MiCA failure, and they cant be telling you how weak that was !

Cheers Billy. All is fair in war ! I'm off for some peace x

The Cross ramps today though is another amusing one, will it be settled by the time im back numero 19? lol I say no, lol lets see..........

And youre in some deep delusion where you excuse the BOD no matter what.

It's so deluded I cant believe real money has been used, but i am very cynical. x;)

Mr Rent free Billy boy yum yums, theyve been quiet recently lol...........lol you can't make up any more bs about margin calls and CFD's so now im setting up aliases to cross ramp lol wheres aim and enki these days looks like the type of pathetic things they would do.

I have an inept BOD facilitating my trades I dont need nothing else

Let me be clear.

Sement is delayed, I called that weeks ago ! No MiCA reapply to LT and no EMI in the UK, they might have even been rejected as the Lord said 18 month app which is super weird, why buy 6 months.

So no my belief in this is still as strong when I told you all no MiCA for months last year and lower prices imo will soon be upon us all.

No change in my approach !

Holiday tomrorrow yeeehhawwww

GLA

Some peeps are getting desperate.

A lot of 8th Jan sign ups.

Buying me some HIVE today x;) 3 dollars something exit 7.

So he says x;)

GLA

GST are the ones that said late Dec early Jan

Member Since

8th Jan 2026

Oh dear x;)

Kat, anything below .475 is a sell imo.

Looks like another punter has lost the faith here, and who can blame them really.

Oh dear x;)