Member Info for Enki

Game on again, will take 3M for .7766.

Sneaky teabreak peek. My buy....500 at 8.18 am still not showing. And they'll take 3m at c0.77 byee.

Something is brewing with the big buyer back.

And pat the dog before you leave for work. See you later.

This moves fast topoed up...500

Appetite is warming, they'll take 1.5M at 0.7543. I feel a good day ahead. Still didnt get my fill or kill. I might just buy on the open market.

Massive , perhaps they already have and waiting to release the news in a mega corporate update, due very soon. Our BOD like to roll everything in to one book , shows that they are prudent as RNA cost money. Besides the BTC Treasury is a minor sideshow , like the T shirts.

Zag , " in business everything is for sale". Just tot up the number of reviews for that product alone c700 reviews and there are scores of products. Some with over 2,000 reviews. It all adds up.

The tills are ringing.

I know what to get you for your xmas now.

Morning Massive, we are busy making money;

https://bake.myspreadshop.co.uk/cake+defi+busy+baking+money-A5f6c1ecfe4474276d285ed7b?productType=813&sellable=BqnOO3bQVmh01noa8vNG-813-8&appearance=645

Lee, let's not forget we are supposed to be boring bankers. The less said the better .

I see a green box troll, come on with a flurry get me my fill or kill -:)

Still some appetite about despite the low volume MM happy to take 1M at 0.771 . Tack seems to have changed since late last week when they would take 10's of M perhaps they don't want to give the game away again.

Come on trolls, I've got a kill or fill order on. Make my day....

Billy, like Massive always says when you know, you know. We know.

If we had been rejected of the 7 out of 22, we would have had an RNA. Remember the Sandbox days?

Zag read the AR, MiCA -Great confidence in grant, q2 2025. Bake.io is still doing business so one can infer that it (MiCA) hasn't been declined.

Of the 22 applicants , 15 remain under review.

Zag, keep watching. MiCA will do the business. Always a watcher and often a sniper.

Sorry posted under a new header, when one already exists.:

Just had word back from Tim that the AGM notice will be published this month.

Keep going trolls I've an order in

Just had word back from Tim that the AGM notice will be published this month.

Keep going trolls I've an order in.

HHR;

The massive increase in Trade Receivables and Payables is not an indicator of poor performance or unexpected debt. Instead, it is a direct and expected consequence of the transformative Bake acquisition. It signifies that GS Fintech UAB has been scaled overnight from a developing exchange into a major player with a large user base and significant assets under custody. This is the fundamental reason behind the Group's ballooned balance sheet and is the core asset upon which GST's future "GS Money" strategy is intended to be built.

The dramatic increase in Trade and Other Receivables (from $608k to $38.26 million) and Trade and Other Payables (from $1.03 million to $38.44 million) for the Group is almost entirely due to the consolidation of the Bake Cryptocurrency Platform into GS Fintech UAB.

Prior to the acquisition, GS Fintech UAB was primarily a B2B-focused crypto exchange (GS20) building its user base. The Bake platform, which was acquired on 1 January 2025, is a large, established custodial cryptocurrency exchange and investment platform.

In a custodial exchange model, the platform holds users' assets (both cryptocurrency and fiat currency) on their behalf. This creates a specific accounting treatment:

Trade Receivables (Asset): This represents the crypto and cash assets that GS Fintech UAB is holding for its clients. The company has a right to receive these assets from its own segregated wallets/custodians.

Trade Payables (Liability): This represents the company's obligation to return those assets to its clients upon their request. This is a debt owed to the users.

These two figures will always be large and roughly equal in a healthy, solvent exchange. The $38 million in receivables is matched by the $38 million in payables because the company is simply safeguarding client funds; it does not "own" them.

Hope that helps.

Just a minor side hustle . Treasury, very useful in storing value and earning at the same time ,using bake.io services; https://bitcointreasuries.net/public-companies/gstechnologies-ltd

Bake.io smart bundle compounding.

These pale into insignificance when you look at "King " Angra and "Queen" crypto exchanges.