Member Info for ffsapa

Hi Birdseye, High Growth proposed a 20:1 consolidation which is expected to be confirmed at their AGM on 15 May which based on current price would result in an SP of 30p However any benefit to BLOC would be dependent on RTO negotiation and share structure. We do not know what is going on behind the scenes AIM_higher, and will not until a deal is announced. Such is the nature of cash shells, although Im sure the company would be happy to answer any of your concerns by phone or email.

Ive no idea if anything will happen with High Growth, but I'd be very pleased if it does - they raised another £5m today at a significant premium to the current price (1.5p) with warrants even higher. The Bonniers have also recently increased their stake and have warrants at 2.5p and 6p. The expectation is that preparations are underway for something big and if that involves acquiring a majority stake in AI developer Sentiance and a subsequent RTO with BLOC then excellent! All just speculation on my part for the moment...

Something big building up here - additional warrants at 2.5p. (Just like the Bonniers 2.5p and 6p warrants)

**************************************/rns/announcement/28623811-3b8d-47b5-a243-10cb3160656c/

Funds being accumulated to acquire majority stake in Sentiance. AGM 15th May

How refreshing to see large stakeholders pay a significant premium to current price upon placement!

Hi All, if you get a chance, check out the linked in profile of Toon Vanparys (Sentiance CEO) and specifically the link to a driver profiling article posted a few weeks ago on the company blog . I couldn't help but notice that one of the 'likes' is by Thomas Bauters whose responsibilities at Burger King include:

"central group buying strategies, supplier base design, negotiations, group benchmarking and volume leveraging"

A highly tenuous connection, but in light of MacDonalds recently proposed acquisition (https://www.bbc.co.uk/news/business-47722259) of AI start-up - Dynamic Yield - for $300m, it's not beyond the realms of possibility that their biggest competitor is likely to follow suit... Just idle speculation, so feel free to shoot me down in flames. Or a flame grilled whopper ??

Hi Birdseye, I wasn't aware they were still in such close proximity - I'd love it if BLOC could pull something off like this. There seems to be a lot more funds sloshing around the small caps at the moment, so perhaps the "greatly reduced levels of activity in London's equity markets" cited in the Feb 8 RNS have abated and BLOC would be more confident in completing a deal should the opportunity arise.

Unfortunately AIM_higher, the first we'll hear of it is when an RNS lands. It's not like a junior oil co, where there is a specific time frame: drill, results, flow etc. There may be plenty going on behind the scenes at BLOC but we wont know until a deal is proposed. Until then we can only speculate and choose to be invested or not. I bought in because of management's previous track record and happy to hold. And who knows, the current bounce in $btc may turn into something more substantial, prompting renewed interest in crypto/blockchain...

Ticker HASH, currently listed on the NEX exchange recently increased their stake, with the option to acquire a majority holding in Sentiance, a Belgium AI company. On Thursday HASH announced the appointment of broker Whitman Howard which suggests company is looking to fulfil their ambition of a main market listing in the near future.


It's a long shot but I wonder if it's possible that they would seek an RTO deal with BLOC, as an acquisition of this nature would be in keeping with the remit "to include high growth opportunities within the wider technology sector, including the blockchain industry."

And there is a connection that Chris Akers is involved and invested in High Growth Capital who has enjoyed RTO success with Rodger Sargent previously: (https://www.independent.co.uk/news/business/analysis-and-features/playing-the-shell-game-can-make-or-cost-you-a-fortune-10483885.html …)

Like I said, only a remote possibility but in the absence of other news - worth speculating...

Wow - breakout confirmed? Up 20% to $1.73, which equates to a £100k increase in Vela's investment. Not bad for a days work :) More of the same please - on a regular basis would be nice...

Definitely! The increased exposure that the main market provides and media attention generated by a listing will be massive for the company. Especially as they've recently increased their holdings in AI specialist Sentiance. It's a red hot sector and it wouldn't surprise me if Sentiance achieve a $1bn valuation in the not too distant future...

Appointment of WHL suggests HASH are seeking a main market listing. Should generate a fair bit of media attention and underpin current momentum

Wilfred - BLOE is now fully commercialised and generating $13 million per year oil AND gas revenue from just ONE well. Current market cap of 22m will be blown out of the water as the company continues to successfully fulfill its 'mid-tier' aspirations. This is just the beginning!

@Gary - completely agree, a revenue generating junior is a rare find indeed and I'm looking forward to watching this one unfold. Add gas to the equation and there is potential for something very special, and more than capable of fulfilling management's mid-tier aspirations.

GLA

This will make a few morning headlines tomorrow. Be surprised if it doesn't open 0.20p +

This could end up anywhere tomorrow morning!

Looks like $IBIT breaking out: currently $1.53 to buy...

Not in here but I expect it will be lively in the morning once the overnight media gets hold of this. Well done holders - news like this really captures the imagination of the AIM market!

Just ticked up again - spread still 25% but some considerable buying (relative to previous volume) going on!

Who knows Cretes, Interbit might surprise us with patent news or something of interest from their JV with Xinova & Helix. Add VELA's 1.42% stake in WeShop to the mix (Valuation as of 21/3/19 = £427,145) with twitter musings of a summer listing and there are a few potential catalysts for a rebound in the share price. Although I think it will it probably be a return to confidence in crypto before investors begin to venture back to the realms of blockchain - $BTC overcoming the $6k barrier would be a good start...

Nearly every stock I’ve been in that multibagged had 20-30% pull backs along the way. And in every single case there were those who tried to profit from the dips. A quick scan on twitter shows who went short yesterday. Full credit to those who can make money trading small margins. I suspect most are in BLOE with a longer term and potentially more lucrative view.

No one ever lost money taking a profit but. If 10p breaks and it looks likely at some point this week given that we are only a couple of hours into this week’s trading then there is a risk of buying back in at 20-30% + premium to current price. And as mentioned below, a positive rns is capable of blowing the doors off at any time. Add the increasing possibility of conflict in Libya and who knows where this will go. Certainly a small cap that is capable of capturing the markets imagination. Best of luck whatever your strategy!

There might actually be something to this... IBIT also updated their site today with a link to the article below, and CEO Dominic McCann copy & pasted what JJ tweeted earlier. But a couple of posters on the Stockhouse board picked up on the use of the word "patented" technology. Might just be a slip, but if patents have been approved then it would signal a potential game-changer for Interbit. Highest daily volume traded for over 6 months already in Canada and still up nearly 20%

https://interbit.io/2019/04/02/the-implications-of-fusing-5g-and-blockchain/

I see IBIT's business development manager has just tweeted for the 1st time too. May just be in response to a crypto rebound, but could always be an attempt to raise company profile in anticipation of news. Glass half full and all that!

Jonathan Jones
@Jonatha88514570
2 hours ago

Replying to @Interbit_ltd
Blockchain technology sets out to provide a new potential for enhanced efficiency, security and trust. At Interbit our vision is to pioneer the next generation of platform technology using our proprietary multichain patented technology.