Member Info for Chaebol

Yeh annoying Longfell!

I gave the BOD grace with what they did with Semnet and bake, crypto wins and gold were mooning so i kind of took my eye off this, and then down hard and fast all year long!

Mad!

Sorry chappy I can't read you. Just my observation.

Time will tell. You may be right.

This is a grown man lol x

I know you're lying lets do a charity win 5k ina ring with rules and a ref.

Whenever........but otherwise let it go, and start disputing the information on GST and not my character etc........

You just look weak x

What has any of this to do wiht the shambles that is GST?

Tim also told us we didnt need to have an AGM in certain time frame because we were registered in Tortola.

Tim had no idea of the pre planned podcasts actually said he was not aware of this, so Tim is not the best sauce to go to tbh.

Shorting in a winter wonderland taking money from low IQ individuals

Yep ! guilty! Thursday and today have been the 2 best days of the 1/4 so far. And its gonna keep printing ! I just hope they keep schtum like they always do ! but nothing can stop it from coming out over the end of DEC or early Jan.

Least I get some money back....

Longfell! I was in your similar shoes 5 million @.72 about 150k up, never sold a share lol until 1.25!!! got sold on the Semnet and bake move ! we all did, was lots to look forward to in Jan 2025 I cant beleive how much has gone wrong!!!

I missed that david. I only unfiltered him to read the thread about moving assets out of bake. Then filtered again.

And thats a London kung fu gangster lol

Dear oh Dear

Ians seen this all before.

Youre going lower and im telling you in advance. MiCA reject its .35 maybe .3p it really is so simple lol

Rest is up to you.....

Nero What was you ona bout with cake?

Active status: Incorrect. Cake DeFi, UAB (company code 306073766) is currently under liquidation (as per Okredo and recent registry updates). It has also failed to submit annual financial reports for over 12 months, triggering regulatory flags.

Current, official registered address: Partially correct. Yes, the registered address is A. Domaševičiaus g. 9, LT-01400 Vilnius, Lithuania (confirmed by Rekvizitai.lt, Okredo, and Lursoft).

Virtual Asset Service Provider (VASP) license from the Bank of Lithuania (license #70): Incorrect. The company has no licenses, permits, or certificates recorded, including no VASP registration (per Okredo). Its classified activity is "Other business support service activities n.e.c." (support/consulting), not crypto exchange or wallet services. No evidence of license #70 exists for this entity—Lithuanian VASP/CASP lists and Bank of Lithuania records show no match. (Note: A different entity in the Bake/Cake Group, like GS Fintech UAB, handles operational aspects and disclosures.)

Large, established entity with over 50 employees: Incorrect. According to SODRA (Lithuanian social insurance data), the company has 0 employees. It is a small shell-like entity owned by one shareholder (a company), with minimal operations.

For context, the Bake (formerly Cake DeFi) group's crypto licensing in Lithuania (announced in 2022) appears tied to other entities or the parent structure, not this specific UAB, which serves a non-operational/support role.Sources: Okredo: https://okredo.com/en-lt/company/cake-defi-uab-306073766

Rekvizitai.lt: https://rekvizitai.vz.lt/en/company/cake_defi/

Semnet about to come out of arbitration,

"appears " and 'expected" from this bod..............good faith will be gone after mica rejection. They need an rns on sement before 10th Jan or its just another patheitic attempt to ramp its SP and didnt work because shareholders mostly, have had enough and need to see results.

Lloyd's a top notch poster, no questio, one of the genuine good guys in this space who just wants his hard earned money to work for him.

We've all got those moments we look back on and cringe, words said in the heat that we wish we could take back. (Yeah, I had one of those withyou Lloyd too apologies.)

Hindsight is brutal: every single one of us regrets not cashing out in January. Even the toughest among us can see what a total 5hitshow this has turned into.

But when the animal pack was out there baring their teeth and piling on, Lloyd supported what I was saying. and I respect him a lot for that easy to go into the group think and feel safe.

Here's to more level heads and fewer regrets going forward.

Sincerely Ian I would sell now and if you want that pump you can buy back cheaper , I did post those types of messages on Saturday about this ! .45 to .30 and you lose another 1/3rd...buy back after rejection at a far lower price and then maybe in the future it pays off for you.

But this is going lower, its obvious!

But with 102 apps and 55 contenders with 3 successes.......the lawyers still made bank x;)

Like they always do, same suits, higher prices.

From the article

Act VIII. What actually happened?

It is very tempting to blame “the regulator” for everything:

too slow

too strict

too risk averse

But that is lazy.

Lithuania created an environment where:

forming entities was trivial

real substance was optional

template AML controls were treated like a product, not a responsibility

aggressive sales outpaced actual governance

We collectively filled the zoo with animals we never intended to take care of.

Now MiCA is asking the only reasonable question:

“Show me the real business behind the registration.”

For a significant share of the old VASP population, there is no real business. Just a registry number, a shelf company, and a recycled AML officer.

That is not a licensing problem. That is a substance problem.

Lloyd I think the legal firms thought it would be like VASPs as well. And now they realise its a completely different animal to vasps

Good article about it here... https://www.linkedin.com/feed/update/urn:li:activity:7403879882218311680/

Yes this has the GS Fintech UAB Naugarduko St. 3-401, LT-03231 Vilnius https://rekvizitai.vz.lt/en/company/glindala/ that has 3 other sharers

and then other directorys have the po box in a house address! on the outskirts of town x;)

Evil Chaebol lol

All of them thought it was gonna be like VASPS and now they know..... or some dont lol

Pains coming here......

Https://rekvizitai.vz.lt/en/company/cake_defi/number-of-employees/

Nero consultancy biz and was branded into GS fintech 0 employees now?

Where you getting your info from ?

Nero Cake is not registered as a Virtual Asset Service Provider (VASP) in Lithuania.

GS Fintech UAB applied for the MiCA

Maybe thats what they have in that house x;)

Neobankers or something that ryhmes with that!