Member Info for encephalopathy

1.37 30th June 2025 then the auditor, suspension, semnet arb failed, MiCA, pausing crypto asset services. There really is a lot of good news to come after annus horribilis. Lfg

2025:

Angra has now successfully transitioned from an 'old fashioned' fully manual banking system to a more technologically advanced system, positioning it very well for its planned growth and expansion.

To drive future growth Angra has hired a new business development manager. He has more than 20 years of experience in the remittance business and will, in particular, be tasked with expanding Angra's South American business. In this regard, Angra in process of establishing a Brazilian branch that the Company expects to be operational in Q1 2026.

Angra Limited in the UK is currently applying for an FCA Electronic Money Institution ("EMI") licence which will enable it to substantially increase its market offerings and services, including the ability to issue electronic money and provide payment services such as digital wallets and prepaid cards. Significant investment continued during the Period in connection with this application which continues to progress.

Therein lie some clues......

Who knows but likely a ready made fx firm with an emi in Brazil shortly.

Sorry better heading than rodents.

Silver my palms!

We have not had a spring corporate update and are due end of year results in 4 and a half weeks. Would be great to have the firsst but of news before then.

License, yikes. Casp mica for GSFintec UAB, EMi/AEMI UK Angra, EMI EU Angra, API GSFintec UK +/- emi.

Aquisitions.

Brazil ? Aquisition frist quarter 2026 overdue.

Maybe gsfintec would apply for MAS lisence in Singapore, no matter what this should be a news rich period or a news accululative period.

Shayne Tan liking the go big or go home commemt.

https://www.linkedin.com/posts/raagulanpathy_no-one-remembers-number-four-back-in-ugcPost-7475065346459086849-Zx4j?utm_source=share&utm_medium=member_android&rcm=ACoAABx5K_wBn6x_tKP5cASB-YYdYJlEFbodS6E

Interesting idea Sparky re further funding.

Either they bin this MiCA aspiration or they go all in.

Angra also, an emi in the uk and eu.

Then gsmoney protocol maybe next year.

The potential here is staggering, imho.

Semnet also.

Openpayd which is a b2b platform, similar to Angra, secured MiCA and planning NASDAQ with a 1.1 billion valuation. One can dream...

There should be some M&A activity in the EU but not for GSfintec UAB probably as they have put into action their orderly retreat from the market awaiting MiCA. This may happen when the money comes in ?July or maybe an aquisition?? Then we will have relaunches of bake and bake.exchange rather than GS20.

Semnet news maybe next few weeks if they settle.

End of year accounts will be food for the négative mindsets as this has been a costly year with various setbacks however the lths will be equally enthused with forward looking projections.

Angra who knows an aquisition or two, an emi, a brazilian office. With an emi then a more attractive Angra.

Lots to come.

Angra is king and this emi is required probably in both Uk and EU to get where it needs to be.

I recall back in 2021 or 2022 when they waited for ages for the fca to award gstechnologies an api. They then aquired Angra instead to achieve this.

Sorry AI but could this be for acquiring an Authorised emi perhapsa both in UK and EU

Acquiring an existing company with an Electronic Money Institution (EMI) licence in the UK generally costs between £200,000 and £1,000,000+. The exact price largely depends on whether it is a Small EMI or an Authorised EMI (AEMI), the condition of its technical infrastructure, and whether it has operational banking relationships. [1, 2, 3, 4]

The total financial outlay required to get a regulated e-money firm operational in the UK breaks down as follows:

1. Acquisition and Setup Costs

Ready-made / Shell Firm: Purchasing an existing, licensed "shell" company typically requires an acquisition price ranging from £150,000 to £500,000 for a Small EMI, and upwards of £500,000 to £1 million+ for a full AEMI. [1]Legal and M&A Fees: Expect to pay £15,000 to £40,000 for corporate legal advisors, due diligence, and navigating the FCA’s Change in Control application process.FCA Fees: The statutory fee for a Change in Control application with the Financial Conduct Authority (FCA) is typically between £250 and £5,000 depending on the complexity of the firm. [1]

2. Regulatory Capital Requirements

You will need to demonstrate that the company has enough liquid capital to satisfy FCA requirements:

Authorised EMI (AEMI): Requires a minimum initial capital of €350,000 (or GBP equivalent).Small EMI: No initial capital required up to €500k in issued e-money; however, you must hold own funds equal to 2% of outstanding e-money for volumes between €500k and €5m. [1, 2]

3. Key Acquisition Considerations

Banking and Safeguarding: Many buyers are willing to pay a premium if the shell company already has active safeguarding accounts and correspondent banking relationships, as securing these from scratch is highly challenging.Regulatory Compliance: The FCA requires rigorous due diligence under the Change in Control rules to ensure that any new owners, directors, and Money Laundering Reporting Officers (MLROs) pass the "fit and proper" test.

There is also the uk, an application may need 1:1 reserves and to proove tou are big enough for the job.

The Financial Conduct Authority (FCA) application gateway for stablecoin and cryptoasset firms to seek authorization opens on 30 September 2026

My preference is not for MiCA /casp aquisition although that would be sweet but that MiCA is imminent however the money is partly needed to provide a fully backed reserve. Response did get a crypto assett white paper approved last year in Lithuania in the timeframe after gsfintec uab appointed them.

Chaebol relax ffs, nobody is reading this. You are so predictable and would argue black white.

There is something big coming, or a number of things coming.

UK emi Angra

Brazil Angra with a local team.

Api for gsmoney or gsfintec ltd in uk with an eye on future emi.

Gsend.

MiCA through gsfintec uab, either following aquisition or simply proving to Lituania that it has the balance to back up clients funds.

Bake and bake.exchange.

Response legal coming through in the end Chaebol.

This may have been an annus horribilis, placing, arbitration, suspension, failed arbitration, MiCA exexpectedly tough, finferno, being told to suspend and put 10million into your balance sheet. ? Failing to be one of the four accepted into the uk stablecoin sandbox (come on they were prepping for this with the gsmoney activity and glimpsed sites)

Our resident naysayers haven't convinced me to sell, I do appreciate some of chaebols post, kinda agree about response legal but I generally find his negative energy an opposing reassurance, a bit like regenerative braking.

Once there is an emi lets see Angra grow.

Bake and bake.exchange in a reduced market size.

Gsmoney protocol.

Looking sweet.

End of year report in 6w, conservative estimates of sp?

Now why would an independent entity https://nuwealth.io partner with BAKE, offering their morpho powered vaults and then new vaults with frequent further posts to 6 weeks later having to tag along with bakes suspension and not say anything since. Their vaults had to be emptied,I assume along with Bakes delisting and went from 750K to $250. Maybe they see value still in the partnership? No statement, no posts, nada.

Maybe this loan is paving the way back into business in the eu and then elsewhere.

Lfg

Enci this, this, wholly

European regulators require Angra to hold physical, unencumbered cash on its balance sheet to activate full AEMI and MiCA licenses.The Cash Runway: This US$10 million cash facility means GST no longer has to wait for the slow cross-border court documentation queue to clear before satisfying regulators. They can fund the perimeters immediately

Thats me up to 4million shares now, only 24K under! Not loads compared to some of you and Im not worried, can afford to lose it all and am aware that I might. Going to enjoy multiplying by 4million then dividing by 100.

"Many, mitigating factors that culminated in the SP getting that low and I can really only see upside from here. Every potential bit of bad news has been priced in already. It's mad that the SP is lower than it was 5 years ago but there have been many spikes along the way and I truly believe that Tone Goh and GST will create serious investor value eventually -"

Totally- Angra's future is in collaborations with banks, governments, contracts , businesses, expansion, web3/stablecoin settlements. We'll see the return of coalculus and GGBP, GYuan, GUSD, GEUR at some stage. Shayne has liked a few posts by loon, canadian dollar stablecoin issuer, maybe something there and why are their headquarters in Perth?