Member Info for doggo

a few sellers today due to FCT crashing...don’t know how many times it has to be said...

Think of Linux and Red Hat (FCT and Factom.inc)

One is free to use the other is a $33 billion company.

Software as a service baby. SaaS

The bounce..it’s coming

Sp of 7.2p we are 60% away from NAV of 12p

Yes I see my name being mentioned on twitter...

Maybe they need to read the Yooya and Vemo RNS again.

Vemo they sold 2,5 million as they need the money for the next cannabis investment. They should note at this point that of the 2.5 million sold, TWO MILLION were never bought by FFWD and were gifted gratis/freebies/cost nothing etc to FFWD by Lorne.

FFWD have importantly held onto the series Seed 2 shares a share class which enjoys significantly preferential conversion rights over seed 1 (the 2.5 million were you guessed it seed 1).

Yooya bought by Regent Pacific (Jim Mellon) in return for stock in Regent...

Why would we sell them if they are so important/valuable? Because they are going to be used for cannabis transactions across China. What are Regent turning themselves into a cannabis focused fund. ”.....to support the roll out of our CBD, organics and natural formulations business...”

See Socati investors for further clues...

Now would I like the 15% of Yooya converted into an equivalent holding in a cannabis fund..yes please.

People seem to imagine it’s my fault that the SP has slipped, one clown has suggested I’m selling at a huge loss for some reason. Alas that theory isn’t true, I’ve been loading up at these prices for the last couple of weeks.

Buy, sell at a massive loss, or hold that’s up to you.

Do a poll for Juv IPO valuation
£700m - £1 billion
£1 billion- £1.3 billion
>£1.3 billion

Factom have been working on this for quite sometime. Hence why the following person joined them a couple of years ago..his CV reads
Senior Vice President Bank of America
Senior Vice President Wells Fargo
VP at Citigroup
VP at Merrill Lynch.
Senior position on the Federal Reserve Board helping guide them on capital markets and financial policy from 2006 to 2014(during and after the financial crisis).

Would take a brave person to suggest the group won’t achieve the goal of setting standards for the whole Industry and an equally brave person to suggest that Freddie Mac won’t adopt these same standards using Factom.

Hence why I hold.

Let’s take Laurie Pyle of Factom and look at her background in mortgages the field that Factom are targeting..

Pyle has gained more than 20 years of experience developing technology solutions for the mortgage industry. She currently manages Factom's technical development, product strategy, design and development and client services. Before that she developed component servicing tools with Stewart Lender Services, managing more than a million monthly contact points and component servicing for Fannie Mae, Freddie Mac and seven of the top 10 servicers. And at RealEC she was the solution architect of the B2B Exchange that processed settlement services of more than 75 percent of originated loans at the peak of the market.

Pyle also co-chairs the MISMO Blockchain Community of Practice...MISMO is the US mortgage industry's standards organization. WHO does she co-chair with? Jessica Fox from Freddie Mac.

What’s their task?

The goals of the MISMO Blockchain Community of Practice are to develop standards for using distributed ledger technology and MISMO standards to:

Define a collection of practices for achieving interoperability within a blockchain network using distributed ledger technology and MISMO standards;
Define how transactions and transactional data are recorded and/or referenced on blockchain-based distributed ledgers using the MISMO standards;
Create prototypes, or possibly a blockchain network, using distributed ledger technology and smart contracts based on MISMO standards;
Develop guidance on how mortgage data will be represented on a blockchain network;
Perform industry education and outreach on blockchain technologies.

It can be bigger than IBM, Oracle and Palantir combined.

How much data does your business use in a day, week or year.

We get one major bank to adopt, then they all adopt.

Freddie Mac and Fannie Mae for example are going to be the largest IPOs the world has ever seen, take a look at the federal reserves policy on data, the links with Freddie Mac & Factom. One or both of these adopt then it’s game on.

You are comparing apples and oranges Chilston.

Maybe start by looking at the number of patents that Factom have.

As for Factom is the new wordpress?

You are the only person who’d ever put a rumour out that it’s the new wordpress I’ve ever seen, the only person who has likened it to Wordpress and now you are the only person now doubting your own rumour.

Factom is blockchain-agnostic tech for securing documents of all kinds. This takes blockchain beyond the finance or currency role of cryptocurrencies, allowing documents such as land deeds, mortgages, and more to be protected.

Securing documents in the blockchain makes these systems inherently honest, and as Factom puts it ...honesty is good for business.

I see it simply as a big electronic staple that can NEVER be removed from any data.

For example think about the following numbers as data 12346789 you may notice that 5 is missing, you put 5 into the blockchain and the list now reads 123467895, with the 5 time-stamped and can never appear to have occurred after 4. Hopefully you can see how useful this would be to make companies, governments and organisations that are inherently dishonest, honest.

the US Department of Homeland Security are currently working to COMMERCIALISE Factom for IoT device control & exception management.

We kept telling you not to listen to the derampers on here, advfn, twitter etc who could never come up with any evidence to support selling.

I’m feeling rather pleased with these.

Latest results for Intensity released today

We are excited and encouraged by the positive preliminary results of our Phase 1/2 trial,” said Lewis H. Bender, President and Chief Executive Officer of Intensity Therapeutics. “It is our aim to improve cancer treatment, reduce the side effects associated with systemic therapies and improve patient outcomes using intratumorally dosed INT230-6.”

“The patients in our trial have a tremendous need for a new therapy. They have failed a median of three prior treatments with a number of patients having progressed following seven or more drug therapies,” said Ian B. Walters, MD, Chief Medical Officer of Intensity Therapeutics. “Thus far, the data indicate that direct intratumoral injection of our product minimizes systemic side effects while promoting an augmented natural immune response that can fight a patient’s cancer for several months following completion of our treatment.”

They are now running at full capacity so we can expect between 4000-5000 bitcoin mined annnually.
Easy one to follow as we can just view bitcoin price and work out approx revenues at $3400 US per bitcoin.

They’ve increased their machines by 450% over the last year from 4000 to 23,000 machines, so I’d guess they will still be paying for the cost of these,

Vogogo is hydro power.

The regulator has confirmed that the price they pay will not be increased. Cost is US$0.039 per kWh

What are you talking about Snoot?

Or just under 1 of every 100 bitcoin mined is mined by Vogogo

Let’s put these numbers into some worldwide perspective

Vogogo have mined approx 0.8% of total worldwide bitcoin this quarter

The Company’s cost of revenue, which includes electricity cost, contractors’ fees and general facility operating costs, but excludes non-cash depreciation of mining and infrastructure equipment, resulted in an average cost per Bitcoin mined of $3,712, a decrease of $974 or 21% from $4,686 for the three months ended December 31, 2018