Member Info for FigTreeHarry

Historic Assets
Clear Leisure 2017 (100%)

Clear Leisure 2017 holds the following assets:
* rights on the Mediapolis’ land auction proceeds, amounting to € 1,663,000 (of which € 1,480,932 already paid in 2020 and € 182,068 at the conclusion of Mediapolis’ bankruptcy procedure, minus € 50,000 used to purchase a legal claim against Mediapolis’ former director and internal audit team, *valued by the receiver up to € 20m)
* € 10.8m claim against Sipiem previous management and Audit Committee
* € 1.38m claim against Sosushi previous management.

Sipiem SpA (50.17%)
Sipiem is a minority shareholder in T.L.T. SaS and owns a number of real estate assets in Italy, including a minority stake in the Ondaland Waterpark. It has issued a claim for €10.8m against the previous management team and audit committee that was acquired by Clear Leisure 2017 in 2019.

Mediapolis Srl (84.04%)
Currently in bankruptcy procedure. Clear Leisure 2017 is the main secured creditor (see Clear Leisure 2017 section).
*Valued by reciever at potential up to €20m (see above)

Sosushi Srl (99.97%)
Currently not operative, previously a Sushi restaurants chain in Italy. Clear Leisure 2017 holds a € 1.38m claim against the previous management (see Clear Leisure 2017 section) .

BTC cruising back towards $42,000....?
Flipping up with some profit taking no doubt.
Too volatile for me.
Bottomed at $39,657, the week will shed light.

Btc jumped to $41500 following the news, still volatile flickering.

Spanish lawmaker sees opportunity amid Kazakhstan’s Bitcoin mining collapse

https://cointelegraph.com/news/spanish-lawmaker-sees-opportunity-amid-kazakhstan-s-bitcoin-mining-collapse

Where one nation fails, other nations see opportunities.
No brainer.

Deputy for the Spanish Ciudadanos political party María Muñoz has proposed a bill to make Spain a Bitcoin mining hotspot following the internet shutdown that caused a mining outage in Kazakhstan.

The lawyer and economist Muñoz was steadfast in her support of Spain as a Bitcoin (BTC) destination, in a tweet on Friday:

“The protests in Kazakhstan have repercussions all around the world but also for Bitcoin. We propose that Spain positions itself as a safe destination for investments in cryptocurrencies to develop a flexible, efficient and safe sector.”
A two-page open letter accompanied the tweet directed at the Spanish Congress of Deputies. First, Muñoz highlighted the significance of the protests and the government’s response which used “all the strength of the police and the army,” before the government switched off the internet to the largest Central Asian economy.

She cited a Cambridge Centre for Alternative Finance study that put Kazakhstan as the second-largest Bitcoin miner worldwide, contributing an estimated 20% of the hash rate in the second half of 2021. The government’s decision to effectively pull the rug out from under Kazakhstan’s Bitcoin miners caused the hash rate to plummet a reported 13.4%.

These events inspired pertinent questions for the pro-Bitcoin lawmaker:

What information does the Spanish government have on the impact of the Kazakhstan internet blackout on the Spanish crypto mining industry?
Will the government take measures to attract investors and miners fleeing the Kazakhstan mining industry?
What data does the government have regarding the energy efficiency of Bitcoin and the growth of the mining industry?

BTC JUST JUMPED from $39000 back to $41500.....after news!

If we see a large buy filled tonight, tomorrow if may give us a better indication.

Whales are being fed, let’s not disturb:)

In case some missed the ramp up:
Note expandable unit expansion between Sept-21 to Dec-21:

Sept 2021 interim report:
128 core machine and 1 peta byte expandable unit.
QBT’s Quantum Computing team has now started working on the D-wave Quantum computer, programming the quantum processor, whilst the Company completed the design of the new IT infrastructure. This new infrastructure includes a 128 core Machine Learning workstation and an initial one Petabyte memory expandable unit, in order to host the proprietary enriched Bitcoin mining “BTC Large Big Data”.

Dec 2021 QBT website states:
includes 256 core machine and increased to 2 peta byte memory in order to host propiety enriched bitcoin mining “BTC Large Big Data”

Ramp up x2...

All off book and P Flagged.

7th june 2021 article supports this also.
Source: The armchairtrader website:
https://www.thearmchairtrader.com/quantum-blockchain-cryptocurrency-investment/
Q) What else does Quantum Blockchain own?

Quantum’s other assets are shareholdings in a number of investments from the previous strategy, primarily in distressed Italian real estate companies, from which Gardin aims to extract value, much like a vulture fund. Gardin is currently engaged in legal proceedings with two investments, with a combined claim of €12m in compensation for mismanagement and has a legal claim against another €20m on another. The outcomes depend on the slow-moving Italian legal system and, if successful, Gardin is unlikely to realise any of these assets before next year at the earliest.

We may see an unexpected update on Mediapolis in 2022.
Nobody’s going to complain here.

The Mediapolis s.r.l, (“Mediapolis”) case
Mediapolis (land) - €20m from final bankruptcy procedure claim (-€50,000) TBD

Key points from RNS QBT Feb 2021 source :
“Clear Leisure 2017 Limited (“CL2017”) offered to buy, for €50,000, the rights of a potential claim against former Mediapolis directors and members of its internal audit committee”.

“The value of the claim is still to being assessed by the Company’s legal team”

“the receiver had originally estimated that the value of the claim may be above €20m”

“The board of the Company is pleased to confirm that a mandatory public bidding process held in front of a notary in Turin has been completed and the claim has been assigned to CL2017”

“The assignment was completed on 20 January 2021”

1st Feb 2021 - Last update was 12months ago.
This is still open as claim has been assigned to CL2017 = Clear Leisure 2017 Limited
An email to FG to confirm if this is still open, are they waiting on legal processing, if anyone wishes...
Potential €20m (reduced from €37m) even if it takes Q3 -Q4, If not, we can close.

Oct -21 Interim report:
Realisation of legacy assets, for which positive outcomes are expected from the legal claims being pursued by the Company.

There are 3 key legal cases in the pipeline:

The Sipiem - Jan 12th hearing regarding potential award €9m
The Soshushi - potential award €1.08m
The Mediapolis land claim - €20m

Sosushi Company s.r.l. (“Sosushi”) 
1st Feb 2021:

The Bologna Court has elected to continue Clear Leisure’s €1.03 million legal claim against the previous management of Sosushi through an arbitration process. The arbitration process commenced on 18 January 2021 with the Company notifying the Chairman of the Monza Guild of Accountants requesting to appoint three independent chartered accountants to preside over the arbitration process. The arbitration process will conclude with a legally binding decision on the matter.

The board expects that the arbitration process will be completed within one year from the appointment of the independent accountants.
———————-
The Company and its lawyers are confident with the strength of the Company’s case.
At the beginning of the year, the Company was notified that the Bologna Court elected to continue the €1.03 million legal claim against the previous management of Sosushi Srl, through an arbitration process (formally started on 18 January 2021), which will provide a legally binding decision on the matter.

The process lasts 12months
12month ends = 17th January 2022.

Exactly Illywelyn.

Ceo did exactly that a few weeks back, on a Saturday with pro-Active.
The once on a late friday afternoon.

I’m open towards surprise communications since.

Check for late proactive video. Friday / sat

Quantum Blockchain Technologies could help transform the digital economy as we know it.

Quantum Blockchain Technologies eyes busy 2022 as its puts focus on new proprietary crypto mining tech.

Quantum Blockchain Technologies 'approaching goal of mining Bitcoin faster and cheaper than anyone'.

£1m Placing:
Accelerate and widen the development of its crypto currency plans including: more quickly entering into cloud mining contracts with existing mining pool operators - TBC

Financing the setup of a bitcoin mining operation in Italy - TICK

Sourcing economic renewable wind farm and hydroelectric energy - NEXT?

In addition to the proposed operation in Italy, build one or more replicas of the Company’s existing bitcoin cryptocurrency infrastructure currently located in Serbia - TBD

Financing the developing of innovative hardware solutions for crypto currency mining-TICK

Making a direct move in the segment of new crypto validators - NEXT

Plus the Team of Experts

As we rise up the “nms” offered by mm’s will decrease in size.
Currently 150,000, will likely drop to 75k

Fun times is always double figures 11p+
It is where we are headed, this quarter.

Stay focused and trust your research as Quant would say.
Hodl wadl gobl

From AA;
warrant churn, is that if JS warrants were forwards sold, you’d see no position change. Warrants overhang is loading them onto the market, warrant churn on the other hand (after forward selling), is whoever the warrants were being sold to, selling them off…. On low volume, this gives us cheaper entry… they must be about done now…

Once done, 60days at these levels, normal trading resumes finally.
Expecting to see 3.9p-5p-8p-11p

Idealy likely next week, last rns news was Nov 30th.
Followed by interview.

Caviat FG likes his friday drops, that means he missed the LTH’s.
Once again buys win the day.
Nothing changes today.
Just sharpening my tools..lol
Atb

Morning Mike,

Yes, I read the overall stats on the Foundary, they seem in pole position now globally.

Eitherway, 3 weeks later in Dec, QBT - main business BTC mining is tipped for 2022 over Argo.
That is saying something.

Where there is smoke, there is always fire.
(Early Q2 rns on listing, would be right)

Remember “Four”of seven pointers:

4. IG. global Brokerage selects QBT stock for 2022:
IG. A global brokerage is highly confident in tipping QBT as AIM stock to watch in 2022?
A disruptive quantum blockchain, a tiny penny stock, but allow for pause and some consideration, 2 points: IG.analyst points out QBT-900% increase in 2021. Yet STILL selects QBT, sidelining 829 other AIM listings. Devils in the detail.

(Pointer> IG Broker notes QBT has huge potential in 2022, expects Q1 surge to multiply or surpass 2021 rise of 900%. *Despite good performance. Much larger rise expected by IG. Seasoned Broker senses what’s ahead in Q1 news. Do they know something?

.........!

How did I miss this???

Wednesday, December 1st, 2021

Crypto.com announced that it had reached a deal with IG Group !!

Crypto.com continues this streak with another deal with IG Group. This time acquiring two new trading exchanges under the deal. This will help to fastback the cryptocurrency which is currently one of the fastest-growing cryptocurrencies in the space.

Crypto.com Buys Nadex And Small Exchange
On Wednesday, December 1st, Crypto.com announced that it had reached a deal with IG Group to acquire two exchanges under its wing. Nadex and the Small Exchange were listed as the two exchanges. Both exchanges offer various services to clients, with Nadex serving as a U.S.-based and retail-focused regulated online exchange and clearinghouse for derivative products, while the Small Exchange is a futures exchange also for retail customers.

Crypto.com completed the deal to acquire both exchanges for an estimated $216 from IG Group. Nadex is owned by IG Group, but the company only holds 39% stakes in the Small Exchange. The deal would have to satisfy conditions such as undergoing a regulatory review and the transaction will be paid for in cash, with an expected close date in the first half of 2022.

Moving Forward
The purchase of both exchanges will enable Crypto.com to offer users in the U.S. the opportunity to carry out trades on certain derivatives and futures products. It is the next step in the expansion of Crypto.com’s reach across the space and bringing crypto offerings closer to its customers.
“Our goal as a platform is to offer our customers a trusted, secure, and regulated platform with world-class tools to achieve financial independence. This proposed acquisition builds on that promise and will give our customers access to an entirely new set of financial tools to complement our current offering.” – Kris Marszalek, CEO & Co-Founder, Crypto.com

Upon completion of the deal, CEOs of both exchanges, Travis McGhee and Donald Roberts, will retain their roles going forward. However, both companies will be under the Crypto.com brand.

June Felix, Global CEO of IG Group, expressed satisfaction with the deal, stating; “This is a fantastic deal that is beneficial to all parties. Nadex and the Small Exchange are strong innovative businesses, and we are pleased that Crypto.com has recognized their potential. This will be an exciting time for clients and all those involved in the businesses.”

Full link:

https://bitcoinist.com/crypto-com-acquires-two-trading-platforms-from-ig-group-in-216-million-deal/

And the IG has tipped aim QBT for 2022....?

Someone knows something, Inkling there was a US connection out there with crypto and with exchanges. Someone is in the know about something.

DYOR always, but it smells fishy of a potential US listing in late 2022:)