Member Info for Chaebol

No this is actual law, and you read everyhting hence finding new instead of treasury

Just when things cant be argued you do the childs move and say you dont read it.

Its not difficult to prove that polish vasps cannot passport into other EU countries but you do you and just disagree me for the sake of disagreeing.

Polish Virtual Asset Service Providers (VASPs) are currently restricted from "passporting" (operating across the EU on a single license) because they operate under national, pre-MiCA Anti-Money Laundering (AML) registrations, which do not meet the standards of the new EU Markets in Crypto-Assets (MiCA) Regulation (EU) 2023/1114.

From 30 December 2024 (when MiCA became applicable), Polish VASPs registered with the Tax Administration Chamber in Katowice (KAS) can only provide services within Poland. To passport services into other EU countries, they must obtain a new CASP license, which is currently hindered by the lack of Polish national legislation, although they can continue operating domestically until 1 July 2026

I have linked all the ESMA sites previously but thats the rules the law. the end.

Show me the ESMA rules and the KNF Poland where VASPS are allowed to passport into other EU countries.

Ive shown you the law and rule from the ESMA that confirms VASPS in Poland cannot passport.

If thats form the ESMA itself the regulator is that a fact?

Fact is they couldnt have bought Finferno off the shelf in a few hours they knew well in advance about the MiCA rejection to purchase finferno and carry ont hat seamless service of continuity.

And then bs'd about finferno expanding into Europe when it had no passporting rights. These are facts that anyone can confirm

I havent changed my mind Kat, Ive stated that Zheng Zhu playt delay game and then eventually settle for far less than the mediation but like always BFD pivots lies and make stuff up so th point of the post gets lost.

Always said Zheng Zhu will get better than the arb deal, especailly now the SP has dropped another 50 points from chrimbo.

Lol my opinion here been far better than most for many months..........thats factual reality..........Ill keep posting whilst theres money to be made.....

'What I have stated is that one of the defendants to litigation states that he can't work due to his own well being. '

Lol Youre getting dumb now BFD maybe hes suing Semnet/gst for his mental health due to this vexatious case lol

GST have sat on material information before what makes it different this time ? if it was anything positive they would RNS it but if its anything negative then thats open to their interpretation.

Thinking of MiCA rejection and the date they knew and even the semnet expected agreement when they knew but this material info was negative and was clearly not passed on to investors with any urgency. They even claimed Finferno was European expansion whilst knowing LT was a rejection.

Yes Nutty and it screamed quickly.

Hopefully similar times are coming here again. It was last March April last year when the sp was very aggressive.

90 % of court cases settle bfd before trial.

I have stated and ill tell you again that i believe zheng zhu settle for less than the mediated amount. How they get there and how they do it is open to debate ie section 6 or a file of defence, what happened on the 2nd wouldtell us a lot, but thats what I see as the end goal a lesser amount than waht was agreed in arb med. thats it !

Good gfreif special brian today bfd I said 2027-2028.

So has mervyn posted that he's out of work because of semnet lol just admit you dont know his wealth or his circumstances or Zhu's. All I know is they potentiall bagged 5 million USD from GST and a minimum of 2.55 million I dare say they have more cash than GST for this case!

What is interesting when you google Mervyn Zheng you get all his semnet links even his linked in profile

Mervyn Zheng - SEMNET PTE LTD

Singapore · SEMNET PTE LTD

Results-driven cybersecurity consultant with a proven track record of driving revenue… · Experience: SEMNET PTE LTD · Education: Singapore University of ...

, GST and sement have not removed those links, amazing !

Indeed Scruff!

I had a dream that Yellow was 7 bucks and coin was back at its 350 million MCAP x;)

Crazier things have happened in crypto, some great upside in both but am more focussed on adding yellow right now, volume is immense and its only going to get bigger making Coin bigger as well.

Nice update! Thsi has been one of those Ive had to ignore for a while, Ronjon is real though! and hopefully this is the start of a good run.

Well done to the patient investors today.

GLA

For gods sake youre lying again tho because i said 2027-2028

Zheng and Zhu have already played a blinder here in so many ways, they have already been paid. Its now down to GST to get that money back and its not simple. Its sement having to pursue this not the other way around.

Guessing what they are doing in their careers is just a guess bfd you have no proof of their wealth or circumstances.

They received 1.75 usd million dividend

Then 800k usd for the sale

Then 58.8 million shares which literally trebled inside 2-3 weeks of them owning them. if they sold at 3p thats 2 million quid and if they were wrecking the company like so many claim they wouldnt be looking to hodl them

I said 1 year to 3 years when this was announced in July for this to settle, its now month 10. People mocked me on the year and I still think Zheng zhu playing a masterpiece so its delay delay delay, at 0.1 p the ocmpany would be worth 2.3 million, thats less than the semnet writ and 0.1p could put the board in a very precarious easier to settle position.

AIMHO

Massi told me 6 weeks lol 6 weeks and lots of others told me 6 months. Hows that working out? people celebrated the expected mediated agreement lol

My belief is Zheng Zhu pay a lot less than the 'mediated agreement', I have stated that from day 1 of the case being filed on judiciary.gov.sg

You dont take on the Zheng Zhu strategy if you're going to lie down and take it, they look like they have fight in them and delays.

And here we are month 10 and all we know is a case conference happened on the 2nd April we dont know if zheng zhu filed section 6 or filed defence but I would find it highly unlikely they have filed a defence and have gone for section 6, we will see!

Lol they wont be buying back 315 million shares ill take that to the bank.

90 % of all high court cases settle out of court so thanks for your insights on the case potentially settling out of court, can your brain take in that GST will settle for far less than 4.2 million, you've already told me it was Zheng and Zhu that rejected the mediated agreement?

So GST must be happy with waht was proposed in Decemebr in med

Yes Enki as that has worked so well for the last 9 months.

0.1p is coming here.

Lol picked out the word 'new' instead of treasury from my whole message. Thats a great pivot BFD

but that changes absolutely nothing about the 315 million share fantasy or the 'current' court case.

Now tell bill why the 315 million shares is a fantasy

HNWI should know this type of stuff....... and your IQ of over 130 should know as well.

Return £788519.15 ($1m) @.25 which is 315407660 shares. (This will create a big spike)

Think you win the internet today for this one. Good heavens, desperate much ?

315 million shares cool story bro ! its not the sellers fault that GST has collapsed

Semnet / 315 million shares nonsense — let’s stick to the actual RNS facts

The poster claiming the sellers “have to pay back $1m in shares” (i.e. 315 million shares at today’s ~0.25p price) is simply incorrect.

What actually happened (per the official RNSs):Under the SPA signed 5 Dec 2023, GST acquired 66.67% of Semnet for a fixed US$1.8 million total consideration.

US$800k cash + US$1 million paid in new GST shares.

On 2 Dec 2024 GST issued 58,844,713 Consideration Shares at 1.34p (exactly the US$1m portion — see the “Issue of Semnet Consideration Shares” RNS).

Those 58.8 million shares were validly issued and transferred to the two sellers (Choo Seet Ee and Zheng Kang Wen Mervyn) as completed purchase price. They now own them outright.

If this doesnt go back to arbitration then the current High Court case (13 Feb 2026 RNS) is NOT about unwinding that deal or clawing back the shares.Semnet issued a writ of summons seeking approximately US$4.2 million in damages for alleged breaches of fiduciary and contractual duties (including breaches of the SPA) that supposedly damaged Semnet’s business after completion.

It is a straight damages claim — not a claim to cancel the original acquisition or force the return of the Consideration Shares because the GST share price has fallen.On “returning shares” in any settlement:Any return of the original 58.8 million shares (NOT 315 million) would only happen if the parties voluntarily agree to it as part of a negotiated settlement.

The High Court is not being asked to order the sellers to “make good” the original US$1m value by handing over hundreds of millions of extra shares at today’s depressed price. Share-price movements are market risk, not something the sellers are liable for under this claim.

(And for anyone worried about dilution: if the 58.8m shares ever come back to GST they would go into treasury or be cancelled — which is accretive, not dilutive, to existing shareholders.)

I wonder if there's a world where the defendants see an opportunity to buy gst's low sp and then finally settle? Out one hand in with the other.

The genius of massi strikes again, now the defendants are waiting for the price to go low enough on GST then they will settle.

3 weeks away has not fixed your brain.

Https://www.micacryptoalliance.com/white-papers/yellow-mica-white-paper#:~:text=This%20MiCA%2Dcompliant%20white%20paper,to%20reflect%20the%20following%20corrections:

Yellow feels like a coiled spring to me right now

The strategy for Yellow Network (managed by Layer3 FinTech Ltd.) involves both direct compliance for the YELLOW token and strategic alignment for its broader ecosystem services under the MiCA CASP (Crypto-Asset Service Provider) framework. 

YELLOW Token vs. CASP Status

* Token Status: The YELLOW token itself has been formally classified as a utility token under MiCA Article 3(1)(9). A MiCA-compliant white paper for the token was re-notified to the Central Bank of Ireland (CBI) on 11 March 2026.

* No CASP Designated for Sale: The recent public offer was facilitated through Republic under US Regulations D and S. During this phase, no MiCA-authorised CASP was designated specifically for the token's placement, as it was not required for the initial non-EU offering. 

Ecosystem CASP Intentions

While the token is a utility asset, the services provided around it (like brokerage and custody) fall under the CASP licensing regime: 

* Regulated Broker Goal: Yellow.com has publicly stated its intention to evolve into a regulated broker. Under MiCA, "operating a trading platform" or "exchange of crypto-assets for funds" are core activities that require a full CASP licence.

* Passporting Strategy: By filing documentation through the Central Bank of Ireland Portal, the project positions itself to "passport" its services across all 27 EU member states once a full license is secured.

* Transitional Compliance: Current providers of crypto services in the EU must have a MiCA license or a pending application by July 1, 2026, to avoid being forced to cease operations. Yellow's early engagement with the CBI is designed to meet this "mid-2026" deadline. 

Role of Node Operators

Interestingly, Yellow's Layer-3 architecture uses decentralized nodes for clearing. Under current ESMA guidance, purely decentralized protocols (DeFi) that have no central controlling entity can sometimes fall outside the CASP scope; however, Yellow is actively pursuing the CASP route for its centralized interface components to ensure institutional-grade compliance.