Member Info for Chaebol

What did Aim warn you all of told me they were getting mica before 31st December and that sement settlement would be sorted first week of Jan and have my 5k ready Chaebol.

Then he never posted again and blamed me mad people !

awww aim lol aim blaming me for being banned on lse. you people are something else.

https://x.com/lse_gst/status/2037101340195995755

jamkatbonepain

@wtfhellnoyes

·

mar 27

to the lse board, i warned you a while back and even stated i was selling my shares, this has turned into a **** show, i was once a great believer, unfortunately bod have failed. lucky i got out when i did. chaebol got me banned from the forum. sorry this hasnt worked. ahs.

Nice one Chef,

Its quite remarkable how any negativity is absorbed here by the natives, They have been misled for months by GST and are owed serious news from every so called pillar but rage on Chaebol for literally calling this bang on.

Going to play months of this now ?

I dont know how to reframe the question that I have stated for weeks and months now in simple English. Do you need a fax or something maybe I can draw pictures.

Get into that skull of yours that I'm happy to swap all my shorts and long trades over the last 18 months with you. All you need to do is show your .2 and .3 buys or even billy can show his 150 million fantasy hodl. I'll exchange all my trades and I'll never post here again.

Is this clear Ray? or do i need to start posting it in a gazette weekly so it sinks in........?

You told people this would never go under 1.9 p..... Vitriolic about it wasnt you.

I could run stories for a year off your failed predictions. Even gave yourself the mantra 'massi knows' thats quite the delusion and if anyone needs their head checked its definitely you Ray.

How did that mayhem pan out for you ?

Your a serial abuser on this board, I called out your barmy takes for ages, youve called everything wrong here, go and attack old ladies Ray its your measure.

The only one who is deranged Ray is you, you havent called anything right here for a year, but keep showing your low IQ traits it amuses me.

People told me I was stupid when I said this will go back to arbitration on the 13th FEB when they announced the high court writ.

You all told me I was stupid and that Zheng Zhu had rejected arbitration, you cant reject arbitration lol so dumb takes and all that.

What you fail to realise Rays is it all comes down to the wording on the SPA, if Zheng Zhu WERE so guilty they would have settled the 1.1 million and shares, GST indicated they were happy with that, now this is a litigative mess, EVEN if Zheng Zhu lose the stay and I cant see how, the next filings are counter claims and security costs, you dont realise how long this can go on for, all GST have done is fail with everything and now Im expecting to believe that its all zheng zhu fault for loss of biz and revs at Sement, GST did it to the whole group.

4 months of high court and they're fighting stays to go back to arbitration. Thats serious money for GST to defend and its not the quick settlement they were hoping for the effect of a public shaming writ, that has not worked Ray.

You all ridicule my MiCA and EMi takes and the imminent doom of BAKE and GS20 exchange look where they are now.

I even called the outlined mediation expected agreement between GST and former sellers meaningless it was.

Ill happily make my opinions on whats happening here I wont even mention the predicted SP fall I made from 1.25p

But all the big things that happened here Ive called perfect. But you all still rage Im wrong thats the low IQ part.

Someone on here claiming he owns 150 million shares without a TR1 is illegal and a fantasy bills knowledge is not owning 150 million shares its absurd but it does seduce other people to buy from hi mayhem fantasy., these GST boys are hiding so much and you are owed so many news reels but instead of trying to secure news from the companies and not this board or AI Ray, you shuot me down for nearly a year now its mad

During that year

GS20 and Bake have gone you have no crypto arm now and everything expires end of June.

The share price has gone from 1.25 p to a low of 0.15p how you raged at me during that fall and I have problems in my head lol !

Angra is a loss making enterprise. No EMI

Its like a greatest hits of predictions and Ray people told me I was stupid whenI said this was going back to arb now im being called stupid for predicting it goes back there.

When did you all realise this could go back to arb Monday? lol because before that all of you were saying zheng zhu rejected arbitration stupid chaebol lol

I am placing this at the top as investors have been kept in the dark too long and the vicious group think winners quashed all reasonable negativity.

I may have been negative but I was correct in the main parts of this sheet show, its going to get worse! stay or no stay (FWIW 99% stay) , but there are far bigger problems cooking here.

I am posting to all of them over the next few days and will update each template here. The more pressure you put on to Tim and GST and its subsidiaries to release information that is owed to all of its shareholders the closer you may get to some sort of information being released, shareholders are woed lots fo news here. Simple.

This BOD is completely taking the pish out of shareholders.

Dear Tim,

I am a shareholder of GSTechnologies Limited.

On 13 February 2026, the Company announced via RNS that Semnet Pte Ltd had commenced High Court proceedings (HC/OC 143/2026) against Choo Seet Ee (Zhu Xue’er), Zheng Kang Wen Mervyn, and Chong Hoi Yan.

Stay applications were heard on 14 May 2026 (chambers) and 26 May 2026 (virtual hearing before Assistant Registrar Wong Shi Hui Janice). A Case Conference remains listed for 4 June 2026.

As this is material litigation involving a significant claim (approx. US$4.2 million), I request that the Board provide shareholders with a clear public update on the outcome of the stay applications as soon as possible. This information is now known by various individuals and parties and we know how long GST can sit on information for.

I will do what I can legally to find out this information next week any clarity from you would be well regarded.

Please confirm

* Whether any stay orders have been granted (full or partial), and

* The current status of the proceedings.

Furthermore Angra have not been picking the phone up since 22nd April is there any reason for this ? I see that the firm is still not showing PS/25 safeguarding terms and conditions on the website and as you earlier confirmed Angra will not be totally EMI compliant until 2027. Should I be concerned with Angra being non responsive for all this time ?

I would appreciate a response to the above as soon as possible.

Thank you.

Best regards,

Justin Case

[Your Contact Email / Phone]

Lol 9/10 months ago and the chairman looks flustered and very jackanory.

a Brazilian branch that the Company expects to be operational in Q1 2026. Lol

Tims admitted they arent EMI compliant until 2027 and metapay ? where is it lol has not done nothing since Jan and can only do 1.5 million per month are they going to waste another year 18 months trying to fail for another EMI or wait an API in Poland lol ?

Angra FX not even picking up the phone.

VASP expires end of June and then GS20 and bake are finally dead. Will they buy another crypto license x;) lol

All i see is dead people lol

Thanks for the excellent debate x;)

And now all you can do is mock, get your AI to rebut me now, thats where youre at! x;)

Luton was too public for you, a boxing gym was too real just pipe down Norm.

2/2

February 2026 Semnet files the High Court Writ of Summons.

GST owned, managed, and audited Semnet for roughly 17 months before triggering arbitration. If the former managers were actively asset-stripping, diverting customers, or hiding revenues, it would have been uncovered via standard operational control or financial audits within the first year.

If a clean-cut case of standalone fraud had been discovered, Semnet would have marched straight into the High Court immediately. Instead, they chose to formally trigger SPA arbitration in July 2025. By doing so, they publicly conceded that the core of their grievance is an SPA transition dispute. Filing a parallel High Court lawsuit nearly two years post-takeover isn't the discovery of independent fraud, it is an afterthought attempt at forum shopping because their late 2025 mediation failed.

4. The Tomolugen Trap & Intertwined Claims

You argue that because Daphane Chong (the former manager) is a non-signatory, or because the claims are operational, the case can escape arbitration.Under the landmark Singapore Court of Appeal ruling in Tomolugen Holdings Ltd v Silica Investors Ltd, the court established that where court claims (against a non-signatory like Chong) and arbitration claims (against signatories like Choo and Zheng) are factually overlapping and "intertwined", the court will issue a case management stay. The Singapore judiciary explicitly prevents claimants from strategically suing individual employees just to fracture an arbitration clause and run a duplicate public lawsuit.

5. The Defendants Played Their Cards Perfectly

Your list assumes Semnet can just weaponise its "evidence" during the stay hearings. But notice the procedural chess moves, the defendants did not file a substantive Defence in the High Court.

Under Singapore law, filing a Defence constitutes taking a "step in the proceedings," which waives your right to arbitrate. By immediately filing Stay Applications (SUM 1210/2026 and SUM 1211/2026), the defendants preserved their rights perfectly. They forced the Assistant Registrar to rule on the jurisdictional forum before Semnet was ever allowed to drag their alleged "operational evidence" into a public trial.

Your legal theory is perfectly fine for a textbook, but it relies on an assumption that Semnet has a completely distinct, un-entangled, standalone fraud case that magically sat undiscovered for nearly two years. The reality of Singapore's strict Section 6 International Arbitration Act (IAA) framework means that if the root of the commercial friction is the acquisition transaction, the High Court will heavily favour a stay and send the entire $4.2 million fight back to private SIAC arbitration.

Cheers Ray x

1/2

Debate this then ! Massi is trying bless him !

Your theoretical breakdown of how a claimant can try to resist a stay of proceedings is an excellent textbook summary . You have perfectly described the academic criteria for establishing a standalone claim. However, your argument treats this as an abstract law school exam rather than the high-stakes reality of the ongoing GSTechnologies / Semnet v Choo, Zheng, and Chong litigation in Singapore.Y

ou are looking at a generic "how-to" checklist, but you are completely missing how Semnet has already legally cornered itself. Here is why your academic theory completely fails when applied to the actual facts of this case:

1. The Substance Over Form Doctrine

Singapore judges are notoriously sophisticated and intensely pro-arbitration. They look at the essential substance of a dispute, not the creative labels a lawyer puts on a statement of claim. Semnet trying to pivot the High Court case into a "Law of Confidence" or "breach of fiduciary duty" claim is a textbook litigation tactic. However, if proving the alleged breach of confidence requires examining the SPA (e.g., definitions of confidential information, post-completion handover terms, or non-compete undertakings), the court will instantly deem it caught by the arbitration agreement.

You cannot just spray-paint "fiduciary duty" over an SPA dispute and expect the Singapore High Court to ignore the contract underneath.

2. The 13 February 2026 RNS is an Evidentiary Admission

In your checklist, you argue that the claims stand fully independent of the SPA. But GSTechnologies literally defeated this argument themselves in their own regulatory announcements. Their 13 February 2026 RNS explicitly stated they were pursuing the defendants for "breaches of fiduciary and contractual duties, including breaches of the SPA."This public statement serves as an ironclad evidential admission. Semnet cannot tell the market that this is an SPA breach dispute to justify a $4.2 million claim, and then turn around to a Singapore judge and claim the SPA is completely irrelevant to the lawsuit.

3. The 17-Month Timeline Contradiction (The Ultimate Flaw)

Your theory assumes Semnet suddenly uncovered a brand-new, independent, egregious ring of post-completion operational fraud. The corporate timeline completely invalidates this assumption

December 2023: GST signs the SPA.

February 2024: GST officially completes the acquisition of Semnet.

July 2025: GST issues a formal Notice of Arbitration.

Dear Tim,

I am a shareholder of GSTechnologies Limited.

On 13 February 2026, the Company announced via RNS that Semnet Pte Ltd had commenced High Court proceedings (HC/OC 143/2026) against Choo Seet Ee (Zhu Xue’er), Zheng Kang Wen Mervyn, and Chong Hoi Yan.

Stay applications were heard on 14 May 2026 (chambers) and 26 May 2026 (virtual hearing before Assistant Registrar Wong Shi Hui Janice). A Case Conference remains listed for 4 June 2026.

As this is material litigation involving a significant claim (approx. US$4.2 million), I request that the Board provide shareholders with a clear public update on the outcome of the stay applications as soon as possible. This information is now known by various individuals and parties and we know how long GST can sit on information for.

I will do what I can legally to find out this information next week any clarity from you would be well regarded.

Please confirm

* Whether any stay orders have been granted (full or partial), and

* The current status of the proceedings.

Furthermore Angra have not been picking the phone up since 22nd April is there any reason for this ? I see that the firm is still not showing PS/25 safeguarding terms and conditions on the website and as you earlier confirmed Angra will not be totally EMI compliant until 2027. Should I be concerned with Angra being non responsive for all this time ?

I would appreciate a response to the above as soon as possible.

Thank you.

Best regards,

Justin Case

[Your Contact Email / Phone]

I’ll keep proving you lot wrong with factual information about the company and then I’ll let you rage back with counter claims and pure guesses about my lifestyle lol and what’s happening within it. Really helps your limited knowledge in GST x;)

You’ve proven your level of knowledge here in GST Ray is pitiful. ‘Massi knows’ you’ve retired that stupid mantra ! And now youre trying to guess my life it really shows your level of intelligence sorry the lack of it.

But I hope it motivates you all to buy more x;)

I have had to endure why are there no counterclaims, they cant file arbitration for an arbitration they have already rejected stupid Chaebol, Janice is a judge lol again and again daily you all fall down and then come back up and shout stupid Chaebol ! lol

I likey this board, Me gonna likey more in June gains.

Oh yeh and the sheet show that is sement (sic)

You all raged at me when I said that expected agreement meant naff all and then when it did mean nothing I was still wrong werent I lol

Lol you would defend GST no matter what Bill. thats clear.

The manipulation since the 8th is obvious. So it nearly doubled on no news lol

Its died already and hanging on to .3's

The destruction down did not have hundreds of sints and small prop trades constantly painting the tape like this has.

The SP imploded because they failed at MiCA lost BAKE and GS 20 exchange and no EMI and none of us know why theyre failing at pretty straight forward licenses, a lot of money has been wasted and they have been judged, the SP falling is justified with the amount of bad moves this firm has made. Thats why it fell hard, no conspiracy just really terrrible biz decisions.

Wow with all the stuff you said I was wrong on, when it was right and now I cant be debated, I wish I had Lloyd to debate at least he had logic, yesterday had 4 million in sells is that good bfd?

With silly 4 p 2 pound trades holding the price up but its not manipulated is it lol

29-May-26 16:27:15 0.3999 500 Buy* 0.30 0.40 2.00 O

29-May-26 16:05:29 0.3111 24,975 Sell* 0.30 0.40 77.70 O

29-May-26 13:48:12 0.3111 517,464 Sell* 0.30 0.40 1,610 O

29-May-26 11:52:23 0.375 7,466 Buy* 0.30 0.40 28.00 O

29-May-26 10:31:08 0.35 365,689 Buy* 0.30 0.40 1,280 O

29-May-26 10:31:00 0.355 45,000 Buy* 0.30 0.40 159.75 O

29-May-26 10:30:54 0.36 536,704 Buy* 0.30 0.40 1,932 O

29-May-26 10:30:02 0.3145 1,000,000 Sell* 0.30 0.40 3,145 O

29-May-26 10:09:42 0.3999 10 Buy* 0.30 0.40 0.04 O

29-May-26 09:54:38 0.32861 2,000,000 Sell* 0.30 0.40 6,572 O

29-May-26 09:38:54 0.3999 500 Buy* 0.30 0.40 2.00 O

29-May-26 08:15:02 0.3311 363,078 Sell* 0.30 0.40 1,202 O

Quite right BFD I closed my entire short position in early January, 4th from memory, right before the fake semnet settlement pump lol. Took the profit thank you baby !. Went to Texas for two weeks, hunting with my son. Thought that would be it came back and the stock was sitting near 0.6. gift gift gift gift !

I reloaded and shorted even harder.

Why?

Because I saw the same things I’ve been saying for over a year

No realistic MICA licence path.

No EMI.

The fintech “doom loop” was obvious.

My GST ATM was coming back.

And the fundamentals were still completely broken.

I got paid on that thesis all of late last year and again in the first week of January. May has felt painful because of the manipulated nonsense here now, but that doesn’t change reality.

June is going to be very expensive for those who keep believing the story.

Time will now give reality the ability to catch up here.

Well BFD told me they couldnt file stays for arbitration because zheng zhu rejected arbitration lol And he knows lol hes a Director !

I thought even simple people knew you cannot reject arbitration ruling . Here we are in the upside down world of GST.

No, we cannot agree on that.

For the last time......... Perry Mason is not in the building yet, this is procedural jurisdiction it has nothing to do with merits.

The Registrar does read the materials filed by both parties, but not to decide the merits of the case (i.e. whether Semnet’s claims are true or whether they can prove US$4.2 million in losses).She reads the evidence only to answer these jurisdictional questions

What does the SPA arbitration clause actually say?

Do Semnet’s claims (or parts of them) fall inside or outside that clause?

Is it appropriate to grant a full stay, partial stay, or no stay?

This is not a decision on the merits. Singapore law is very clear on this point — a stay application is not the place for a mini-trial on who is right or wrong.The Registrar is not deciding

Did Choo and Zheng actually breach their duties?

Are the fiduciary claims valid?

How strong is Semnet’s evidence?

She is deciding where those questions should be answered — in arbitration or in court.So no, the evidence is not there for her to weigh the merits of the case. It is there to help her decide the jurisdictional issue.This is standard law in Singapore.