RE: Alias Smith & Jones18 Dec 2025 20:34
Deacs,
Or it could be the BOD are totally out of their depth and why revenues are so low, i find very few positives in this update and i feel the risk is far more higher now, our margins on transactions to be impactful need to be doing about 10x its current transaction levels and yet the BOD are looking for better margins, margins are in volumes wiht FX, another 146k usd lost in exchange fees from 448k revs generated on 59.1 million on Angra, to me it looks futile..... Yet everyhting is excused or not important, people saying revenue not important..........they could trigger tax lol we triggered 300k in tax for buying semnet , we may get the money back but 1.4 million revs for h1 26 is another kick in the ghoulies, after 4 years in the biz and aligning with mica protocols and licenses valid till end of the year, im just amazed at these low levels of revs and wonder where future revs are coming mica or not...... we need far more volume of transactions to make this worthwhile, Angra will be 4 years in March revs down yoy and we still waiting for an EMI.......... Semnet produced zero where was all those recurring contracts and profitable biz, ZERO! how ?
Barring a MiCA approval this has been long !