Member Info for CTSFO

Fair comment.

This might be something positive. DL is still showing as a Director of PPP at Companies House. It he’d left the company altogether, which he’s got extensive previous for, they should have updated CH at the same time as the RNS re change of Chairman. It’s a simple form to submit.

We wait and see. GLA

https://find-and-update.company-information.service.gov.uk/company/10166359/officers

* I forgot to say I share frustrations re updates, but happier to wait if the BIG ONE RNS is on the way.

Lloyd, please don’t take this as too argumentative. If something big is being sorted putting pressure on Tim might be counterproductive. He probably can’t say anything till whatever is happening is finished, and lots of emails will be distracting and frustrating.

£15k buy. Not too shabby. GLA

If the accounts have been completed they certainly haven’t been audited.

Though you’d have thought all of the financial data required for the accounts would also have been needed by Global Vision during the formation of the deal? Which suggests at least one accountant outside of PPP has seen the figures, and passed them as okay. All else being equal and honest.

Are we seeing this forming?

https://www.investopedia.com/terms/p/pennant.asp

“ How does this board work ?”

It’s stressed whilst waiting for news and the share to get restored to trading.

My guess:

There will be plenty of unseen changes going on. Tightening the cybersecurity within the system, using the technology provided by the rest of the GST group. AML&KYC algorithms may need updating / improving. Global financial regulations may have changed and these will need incorporation into the exchange.

The UI and services offered may not change, or also be undergoing a makeover. It’s possible the code is being changed to allow for automatic / better integration with the rest of the group’s products.

There are at 500 other exchanges out there. GST are going to want to make this a go-to product / site. No glitches, crashes, and as immune to hacking as possible.

AHS it could be worse…

https://www.walesonline.co.uk/news/wales-news/man-who-threw-away-bitcoin-28833001

A piece on the number of crypto exchanges out there. Not sure how many of them are part of an all in one financial services company.

https://www.forbes.com/advisor/investing/cryptocurrency/best-crypto-exchanges/

It would be blatantly stupid ramping to suggest this:

The exchange has been beta tested for a prolonged period of time. It would make sense to have a prolonged period off line to correct all the problems identified, make sure the corrections themselves don’t cause problems, the relaunch the finished product to the market in full.

Totally ramptastic. I apologise.

Tom EVANS RNS 22 July 2024:

“ I look forward to providing numerous updates to shareholders as we move to close this important transaction for the Company and from the operations as they progress."

AFFF required?

BUT: the accounts, and hence restoration, will get released with full statements from the CEO and Chairman. I forgot about that, very sorry.

* gets restored.

I had it covered

“ 2) No or bad news prior to / with relisting. SP crashes”

That was a good find, and certainly makes me rethink what I posted.

I can’t find anything on RRR holdco. Its name suggests it was going to be a holding company that never got used. It also shows TE and SL are well used to working together. Fingers crossed not partners in crime!

And here’s the problem. Ad hominem insults never help. I obviously know about the deal that has been signed. What I can’t find is any accounts relating to Global Vision. And, fwiw, I’ve been invested in companies that have made similar statements regarding investments and deals. Then they’ve changed. It happens. We couldn’t believe it, but had to accept it. The shareholders ended up getting utterly shafted despite promises and promises from the BoD. CEO in particular. The submissions to the High Court show how much he lied.

I’m not accusing our CEO of the same behavior. But it can and does happen.

Fingers crossed we get good news soon.

Fair enough.

Janoz, afternoon, good find. Very interesting thoughts re IPO. Not deramping or ramping!: Not sure how the Trump presidency will affect European companies and suppliers. But I anticipate companies will want to be big enough to withstand possible shocks to the market. I can also see US companies wanting the best IP they can get. Both offer opportunities for Cap-XX. The £2.5 million signs off the going concern part of the company’s accounts, as much as everything else. It puts it in a stronger position re a takeover going forward.

GLA.