Member Info for Davemate90

If you click the "QBT Live RNS " button you will see we had the RNS last week.

Your rubbish about charts and V's isn't welcome here. We like facts and common sense. Not buzz words you learned because you paid £29.99 for a course that one time. Go post your dross on other boards. Cheers.

Agreed. Its one of the reasons they have such good insurance!

And it's probably one of the easier audits they'll have to do.

Test a load of travel expenses, reconcile the wages, copy and paste events from 2 years ago. Claim a big audit fee.

I dont know why they wouldn't sign it off.

If I was a company with no revenue, but had a court judgement in my favour of like £5million. Surely instead of going on holidays every month, and doing nothing it would be in my best interests to get this money paid to me?? Seems to have been swept under the rug, so I am guessing they're not going to see this either. Again, people here with more knowledge can correct me if i'm wrong...

Has now quickly turned into a nightmare..what a con

MrHanji,

what a nice positive post, however..

FG's shareholding is about 29million - which may seem like a big number. But it is still under 3% of the total share capital. And do you know when he last made a purchase? Surely if he believed in QBT he purchase more? It only equates to £217k approx - he paid himself double that last year.

A Repo with MG strategies = just more can kicking.

Multiple patent filings- which have resulted in what exactly? =More can kicking

teams expansions- from 3 to 4. I can't argue with that. FACT!!!!

Multiple major conference / roadshow attendances- they have attended, like any member of the public can do. They haven't signed up to present or speak. So it is merely just a holiday. =More can kicking

Collaborations as per RNS- due to the NDA's we will never know the outcome of these "collaborations" = More can kicking

Blockeeper PLC set up with a director who recently was a CFO - probably just a way for FG to pay himself more "R&D Fees". Tricky, but again it's just speculation/ More can kicking.

We have had no negative audit reports, auditor resignations, missed filings, collapsed negotiations etc - why would the auditor resign? The audit fee increased by £8k to £63k for basically checking some travel expenses, and then copying and pasting the reports! Easy money.

So in conclusion - After summer is still in play - FG never replaced that guidance in the latest RNS so we are due an update on Method A & B either by the end of November most certainly December.

We have been fully informed on why revenue as been delayed it was due to the porting issues of Method A & B

The only oversight it seems was the unexpected death of a director which resulted in suspension on listing - but that was resolved ASAP.

Intra-day Rns/Prn tomorrow or Friday.

Saying what a great time FG had on his jolly..they drank, they laughed...before closing with this old chestnut "and The Company plans to follow up with a number of interested parties and it is expected to sign new NDAs in the coming weeks which will lead to data sharing and third-party systems testing."

I thought everyone must have fallen out and weren't speaking to eachother 🤣

Was good while it lasted..

Mikeydj.

Your post pretty much reads like every rns they release after going on one of their jollys. You wrote that, surely you can see how they just regurgitate past rns's, add a bit of jargon, change the wording slightly and carry on using the company to fund their lifestyle.

They need lots of positives in the next RNS, to get that spike to enable them to get the placing forward-sold. RNS Next week; PLacing before the end of the year..possibly before the end of the month.

MrHanji,

Whilst I can't fault your enthusiasm, for me the RNS keeps getting worse the more I read it. For example:

"We will be hosting a number of meetings with miners at Mining Disrupt this week; some will be follow-up meetings from the summer conference and some are with new miners"

Follow-up meetings from the summer conference? Isn't that what they were supposed to be doing over summer? Correct me if I am wrong, but shouldn't they at least be in commercial discussions by now? Every RNS just seems to be the same regardless of the method.

Message from HL today, to say that: "We have been notified that Block Commodities Limited stock has been declared worthless from 1 October 2025"... Fantastic news.

Possibly PRN/RNS next week confirming more NDAs have been signed...Placing a few days later to follow.

Don't worry if you've missed the boat..you'll be able to buy at a 30% discount come the end of the week 🤣

FG can continue his world tour, his old robe and slippers from his previous holiday might be getting a little shabby. So that's a positive at least.

Oh dear..placing RNS to follow Friday or Monday. Wonder if the spike will be big enough to get the shares all forward-sold 🤣 interesting few days ahead..

LOL. If the volume does increase..the only reason for that will be the forward-selling of a placing. As per usual..

C'mon people, what's with all the negativity? We all know: "FG loves a Friday RNS" 🤣🤣

Mikeydj.

Which part of the message was libellous? It's there in note 27 of the accounts.

With regard to revenue, certain rampers on the board seem to ignore this:

"Forecasts for the period to 30 June 2026 has been prepared on the prudent assumptions that the Group will still be non-revenue generating.."

So maybe I could be interpreting their posts wrong and MrHanji/Dooogle/Scottwins could mean next summer? If it's me I'll gladly hold my hands up.

It's a weird one. Looks like the auditors have qualified the audit report also, which isn't a good thing.