RE: Wanting a share to do well or badly doesn't alter the facts!13 Apr 2026 14:04
Oh bless your heart, once again the oracle has spoken and declared me wrong on literally everything. Must be exhausting carrying the weight of all that superior nuance the rest of us peasants just can't comprehend.
Let's do another quick victory lap for the facts, shall we?
Bank of Lithuania / MiCA golden line: "They wouldn't be so stupid to accept the app on the 31st and cancel the next day."
Submitted Sept 2025. Transitional period ended 31 Dec 2025. No licence granted. Company announced they failed to get authorisation. Promised to re-submit to Lithuania in Q1 2026… and here we are in mid-April 2026 with zero re-application announced.
But sure, the GST was definitely playing 4D chess.
Now they're saying they're going to apply in Poland lol… with no MiCA:
Instead of the promised Lithuania re-apply, they’ve shifted to the Polish subsidiary Finferno (only VASP-registered). They’re suspending all crypto trading from 15 April 2026 to “align with MiCA” while they supposedly chase a full licence somewhere. Poland can limp along on old VASP status until 30 June 2026, but they’ve chosen to shut it down anyway.
Nuance level: expert. Execution level: pure comedy.
"It would never get to 0.2p":
Stock has been bouncing around 0.20p – 0.25p with actual trades hitting those levels multiple times. Hallucinating again, clearly.
Re-apply in Lithuania:
You were right they said they would. They just… haven’t. Yet. Or ever. Who knows at this point.
All those were wrong !
Now youve found the cherry on top — CODM:
FY2025 accounts clearly state the Chief Operating Decision Maker is the Executive Chairman (Tone Goh), supported by the Board. Not Jack Bai as the solo chief decision maker.
This is literally the only thing I’ve seen where I stand corrected has correct. Fair play on that one — even a broken clock is right twice a day.
So yes, I've been wrong on pretty much every single point that mattered lol
Meanwhile, I have been absolutely smashing it on the most important salient facts — the share price collapse to 0.2p levels which you said 'never' to the missed MiCA deadline in Lithuania, the non-existent re-application, the sudden pivot to Poland with no full licence, the upcoming crypto trading suspension from 15 April, and those chunky ~US$500k related party transactions (including the director loan and transfers) that were sitting right there in the audited finances all along.Jack Bai is still a pivotal figure as CEO and a major shareholder (~10.36%), no one's denying that.The company is clearly executing flawlessly, the regulators are just being silly, the share price is a mirage, and whatever is going on at GST is 100% above reproach. Please, continue blessing us with your unmatched foresight.
I'm taking notes… in crayon, while watching the next glorious pivot.