Member Info for F1Driver

They are the biggest evil in the world are Blackrock.

Ridiculously overdone, now oversold territory on the technicals. Stochastic is at 11, madness.

Yours is full of zero truths fleccy

I dont wanna know, their business, so presume to speak on behalf of "many posters" you are no one. You should learn to mind your own too.

Actually have Open Source Models, think RedHat (HUGEEEE), MongoDB ($30BN MCAP), Confluent ($12BN MCAP), Elastic ($8BN MCAP) doesnt stop them from billions in revenue.

Stop this nonsense around Patent. First to market with any innovative technology usually owns 70-80% of that market, everyone else fights for scraps. We are first to market with this!!

MASSIVE POTENTIAL. REPOSTING AS LOSERS CLOGGING THE BOARD, also for newbs, and why this is just starting to re-rate. A bit of consolidation is normal.

70-80% Profit is pretty standard for SaaS. Most of the cost of SaaS companies that have lower profits is because they have huge operational costs around people, offices etc. Nothing we have to worry about.

And remember companies that are profitable in SaaS are getting a multiple of 15-20x, I only used 8x in my calcs.

SaaS Software is usually 70-80% profit, I know because I work in the field. I'll use 70% for calcs for 2022 figures in the sharetalk segment

Very conservative valuations

5% commission = $112.9m = x0.7 x 8 = $632m = £505m mcap = 43.6p

10% commission = $225.8m = x0.7 x 8 = $1264m = £1010m mcap = 87.2p

15% commission = $338.7m = x0.7 x 8 = $1892m = £1515m mcap = 130.8p

Profitable SaaS companies are trading at 15-20x multiples. So using 8 is very conservative.

Also adding JAMBONE's summary

2.5 years ago QBT set out to provide the goal of fastest BTC miner in the world, There are 3 stages to the business plan, short, medium, long

Short

to develop software (we have, it’s ready for miners to trial) that will speed up mining to offer a solution to miners for the upcoming halving and help them with capex by using our software instead of having to outlay on new machines. The last update we had software was to be 2.6x faster (160 %) on the same machine with our software/firmware installed, miners can now trial this before purchase, this is why we are rising in SP as gone from R&D to sellable product, a huge achievement.

Deals to be Announced in due course with miners

Medium

We are developing our own chips for mining rigs, so far we have picked up efficiency’s by precomputing the start of next block to be mined, saving time and energy and again giving us an edge, the info on this is on the company website, doesn’t show here as LSE and previous newswire missed loads of updates out, so check the news feed on company website, making you do your own research 🧐 btw one of our NEDs has massive constant around Asia for chip manufacturers 😉

Long

Quantum computing, we have developed a product for this already and been helped by Dr Love Grover, he is famous and has his own Wikipedia page! We are ready for this but waiting for a quantum computer big enough to run on, FG said we will be keeping the golden goose for ourselves, it will be the end for all other miners he said, with 100’s of billions of BTC left to mine then where is out share price going to go? ££

All staff, world class scientists (FG words), cryptography expert, NEDs, FG, Vlad the marketing expert, Dr Grover etc all being paid in options at 5p and 10p, they will want to make a profit on those!

We have also won a legacy court case from previous management under CLP about 10 year or so from wrong doing, we won last year and the main defendant is on the hook for around €

Go look into what those numbers are based on if you are so interested. You don't hold here, you created a profile one month ago and only post on QBT, you are probably a stooge working for a few pennies per post.

Gibson - you're an idiot. Pretty much most Enterprise Software Companies dont publish their pricing, you have to engage the company and go through an engagement process. The CTO is more interested in the technical details (under NDA most likely) that cost. Cost takes care of itself with value proven. Now stop clogging the board up like the company owes you (A NON HOLDER) anything.

Why would it be mentioned? SaaS Infrastructure these days is super elastic, on demand and at consumption based pricing. Its nothing to really worry about. Go to any SaaS website and none of them explain how their service is delivered, its table stakes, use one the Top 3 public Cloud Service Providers (Amazon, Google, Microsoft), or any of the Private Cloud SP's (Oracle, IBM, SAP), private networking between client and QBT. It's pretty straightforward. Our IP is the software, everything else is standard commoditised services.

Well said Lambinator

Guys what is the expectation on news timeframe and any reasonable guesstimates on post news short term, then med and long term sp? Thanks

I posted yday gap to 3.4p needed to be filled, and to buy around there.

"This cannot be a unicorn but could be a cash cow"

Wholly disagree - They have 3 strings to their bow, and as shown by the sharetalk segment (see my previous posts) could easily be a Unicorn on the software business alone.

As I said, fill gap at 2.24p and will see a nice reversal, up trend back on.

Price is moving up on that 1 trade printed.

Nonsense Frank. We need a deal with one of the Top 2 and this is easily a few hundred million mcap.

On that note Addison just seen a 1 Trade printed.

MASSIVE POTENTIAL. REPOSTING AS LOSERS CLOGGING THE BOARD, also for newbs, and why this is just starting to re-rate. A bit of consolidation is normal.

70-80% Profit is pretty standard for SaaS. Most of the cost of SaaS companies that have lower profits is because they have huge operational costs around people, offices etc. Nothing we have to worry about.

And remember companies that are profitable in SaaS are getting a multiple of 15-20x, I only used 8x in my calcs.

SaaS Software is usually 70-80% profit, I know because I work in the field. I'll use 70% for calcs for 2022 figures in the sharetalk segment

Very conservative valuations

5% commission = $112.9m = x0.7 x 8 = $632m = £505m mcap = 43.6p

10% commission = $225.8m = x0.7 x 8 = $1264m = £1010m mcap = 87.2p

15% commission = $338.7m = x0.7 x 8 = $1892m = £1515m mcap = 130.8p

Profitable SaaS companies are trading at 15-20x multiples. So using 8 is very conservative.

Also adding JAMBONE's summary

2.5 years ago QBT set out to provide the goal of fastest BTC miner in the world, There are 3 stages to the business plan, short, medium, long

Short

to develop software (we have, it’s ready for miners to trial) that will speed up mining to offer a solution to miners for the upcoming halving and help them with capex by using our software instead of having to outlay on new machines. The last update we had software was to be 2.6x faster (160 %) on the same machine with our software/firmware installed, miners can now trial this before purchase, this is why we are rising in SP as gone from R&D to sellable product, a huge achievement.

Deals to be Announced in due course with miners

Medium

We are developing our own chips for mining rigs, so far we have picked up efficiency’s by precomputing the start of next block to be mined, saving time and energy and again giving us an edge, the info on this is on the company website, doesn’t show here as LSE and previous newswire missed loads of updates out, so check the news feed on company website, making you do your own research 🧐 btw one of our NEDs has massive constant around Asia for chip manufacturers 😉

Long

Quantum computing, we have developed a product for this already and been helped by Dr Love Grover, he is famous and has his own Wikipedia page! We are ready for this but waiting for a quantum computer big enough to run on, FG said we will be keeping the golden goose for ourselves, it will be the end for all other miners he said, with 100’s of billions of BTC left to mine then where is out share price going to go? ££

All staff, world class scientists (FG words), cryptography expert, NEDs, FG, Vlad the marketing expert, Dr Grover etc all being paid in options at 5p and 10p, they will want to make a profit on those!

We have also won a legacy court case from previous management under CLP about 10 year or so from wrong doing, we won last year and the main defendant is on the hook for around €

Closed the gap, lowest printed was 2.22p just then.

I havent made any price prediction bobknob.

I have made some projections based on revenues that came from the sharetalk segment. Wtf are you doing here anyway? you claimed you were back in at 2.5p yesterday, now you will claim you sold out of that phantom trade. Delusional AF.