Member Info for FigTreeHarry

Thanks for all you support on here Ladies and Gents, and true investors
Remain true.
Stay focused.

Todays RNS news was overdue.
It was Friday again;)

FG: It is worth noting that the Company’s R&D programme is fully funded until the end of 2022.

*
* Disruptive Bitcoin mining technology development is well under way
* QBT researching multiple routes to faster Bitcoin mining
* Bitcoin algorithm core architecture for an FPGA chip has been selected and modification completed
* To keep costs low, initial testing performed on an FPGA chip
* Architecture design work for ASIC prototype to commence before year end
* Testing will commence on the final design of the more expensive / faster ASIC prototype chip by end of Q1 2022
* Ultimate goal is to produce an enhanced 7 nanometers (nm) ASIC chip
* Early internal calculations show a final chip that could perform 24% quicker than current best available ASIC

I CANT BUY............

Rock roller in the filter bin

6 filtered today....

Pictland,

SOURCE: RNS Sept 21.
QBT CEO: with “Many more optimisations patents to be announced”

Defining “many more patents” knowing already 2xASIC patents could be translated as 2+++ I assume 8 patents to include ASIC/ FPGA chips with most common BTC and ETC ccy algorithms, UK and International patents, that is 8 patents. Could be more as prices of others surge.

ASIC x 4 Patent filings
2_ASIC ULTRABOOST UK + an International Patent for Algorithm BTC Sha256d
2_ASIC ULTRABOOST. UK + an International Patent for Algorithm ETHhash

PLUS

FPGA x 4 Patent filings
2_ FPGA _”NAME”. UK + an International Patent for _Algorithm BTC Sha256d TBD
2_ FPGA_ “NAME” UK + an International Patent for algorithm ETHHash - TBD

=8 optimisation patents.
Will Algorithm ETHHash: optimisation, be next mining patent to be revealed? TBD
Patent2- an International patent to be filed in December.

Ip - PATENT
Worth saying also, intellectual property is protected from the moment you file a patent, ie, you don't have to wait until it's granted to benefit from protection against IP infringement. Upon filing, the status of your patent application is known as "patent pending" and your product is protected. Once patent pending expires, assuming a full patent hasn't been granted yet, you either have to renew the application, or you lose patent pending status along with the protection that goes with it.

This is how patents work.
We all know this.

Seeing a lot of buying going through now..

Spot on keep the focus.

Once news drops it wont stick around this level.
All paper fluctuations here, watching the despertae uninvested.
What day was last news?

Ade,

Agree, patience will pay-off.
The trend in the sector, read up on this, and do your research is what i am saying on below,

Payments for some transactions can be made by offering warrants or “transferred” or offering shares e.g 5m shares or using the capital raised from sale of warrants exercised “in return for any unit purchases”. A number of companies are doing this right now, and FG is in a position to do the same, It seems logical and makes financial sense (if stocks/ warrants are accepted by companies and if they see QBT huge potential in sector to be a major success) This is the current trend right now in the sector.

Go with the trend....

Bus,

Reading into the word “transferrable” and “terms of the warrant instrument entered into by the company”

There are 2 clues there maybe we will see tomorrow.

There are many different “types of Warrant instruments”, and yes, they can be transferred to include director to directors, to family, to staff, there is a list out there somewhere. You would need to do your own research. DSFLAT touched upon it earlier, rns is tomorrow.

Generally, speaking and subject to satisfaction of the provisions of clause xyz the Warrants are transferable. Any transfer of Warrants shall be made by an instrument in writing (“Transfer Document”) duly executed by the transferor and the transferee (“Warrant Transferee”) and the relevant signatures independently witnessed.

Question will be revealed tommorow.
Lets see.

GL

For all to read:

PROF FG CEO - STOCK OPTIONS. Set at - 10p - EXERCISABLE FROM 6TH MAY 2022

Accordingly, the Company has entered into a new contract with Professor Gardin, a material component of which is the incentive provided by the grant of share options over ordinary shares of 0.25 pence each in the Company (“Ordinary Shares”).
Subject to shareholder approval, the Company wishes to issue Professor Gardin with 200 million share options over Ordinary Shares, (“Share Options”) which will be divided into two equal tranches. The first tranche, exercisable between 6 May 2022and 6 May 2026, will carry a strike price of 5p per new Ordinary Share whilst the second tranche will have a strike price of 10p per new Ordinary Share and shall be exercisable between 6 May 2023 and 6 May 2026 (the strike prices represent respectively, an 89% and a 277% premium to the closing price of the Company’s shares on 13 April 2020 being the latest practicable date prior to the release of this announcement).

5p and 10p options ...TICK TOCK....

FOR ALL TO READ:

“The Warrants will not be admitted to trading on AIM and will be transferrable in accordance with the terms of the warrant instrument to be entered into by the Company.”?

Fig

RNS is black and white...

22/02/2021 7:00am
UK Regulatory (RNS & others)
The net proceeds of the Placing will allow Clear Leisure to accelerate and
widen the development of its crypto currency plans including: more quickly
entering into cloud mining contracts with existing mining pool operators;
financing the setup of a bitcoin mining operation in Italy; sourcing economic
renewable wind farm and hydroelectric energy; 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; and
financing the developing of innovative hardware solutions for crypto currency
mining and making a direct move in the segment of new crypto validators.

Mr Story will also be granted 100,000,000 warrants over Clear Leisure ordinary
shares (the "Warrants"). Each Warrant will entitle the warrant holder to subscribe for one new Clear Leisure share at a price of 2 pence per Ordinary Share and will be exercisable for a period of two years from the date of admission to AIM of the Placing Shares.

The Warrants will not be admitted to trading on AIM and will be transferrable in accordance with the terms of the warrant instrument to be entered into by the Company.

GL.

Serge,

The staff / working group made up of 2 Pysicists and top PHD graduates from UCLA and Milan University. 3 were granted stock options exercisable from May-22

5p - 10m Exercisable from Feb 15th 2022 =The strategist cryptography expert only.
5p - 12.5m Exercisable from May 6th 2022 = granted to some members of staff

Even better.

First of glad he has been kept anon - Best thing CEO ever did. The person would be subjected to barage of abuse from a seLect posters here, hiding behind keyboard and children books. #Jack - Chal.

5p and 10p stock options - 105 days away...(5p)
QBT Crypto Expert will be pleased with recent movement finally in the bombed down share price

QBT newly assigned Crptography expert will be pleased with this sp movement to 3-4p as it closes in on 5p stock options, exercisable from FEB 15TH. FACT- check rns

In order to be taken up, it must be a profitable transaction, therefore the stockoptions set at 5p must be much higher than 5p. 10M OPTIONS and a rising share price along with rising BTC and the exercise date near 105 days away?

In case he needed it, this week has to be a motivating factor for Expert/consultant , of course FG, EXPERT and PHD graduates will be noticing revived excitement in the BTC price surge to new highs and FOMO bulding in the crypto sector, new adoption, new recent high rise of BTC and launch of BTC ETF’S globally. PLUS other NEW companies entering mining, so “time to market” will be on their minds to deliver to shareholders on promise.

This is an incentive progression is happening rapidly.

- algae green -
ALL FILTERED

TheVle,

You are very impatient, this stock is not for you.

Read your posts, it is complaint after complaint after complaint.
Constant nag, nag, nag.
You and Eddie should hook up and move-in, seems to be a common trait

SELL UP and put you all you proceeds into GST and AMGO. You be happy there.

QBT is not for you. If you can’t handle the heat, sell and get out.

Not for your mind set, nor your risk appetite.
Seek help, get some much needed support.

You are stuck in a stock, which is making you very unhappy.
Good luck with AMGO and GST.

John story will have an undisclosed contractual agreement of when to execute warants, Has another 18months to execute.
Warrants are used as a “bridge finance” as when needed.
Mining news and we will see gush.
3p-6p-10p -20p can be whatever. He is a rich man, multiples matter, as news comes out, sp will gush.

Some are concerned they will be left behind, with not enough QBT shares when sp shifts to 5p.

I understand this desperation is killing some here, hottest stock on LSE. A given.
Desperate crew want a bigger slice, whilst Arb and SNG holdings are all tanking. Lost money.
They want to accumulate here as much you can, by any means.
That’s why you are on LSE QBT all day besotted with QBT

Queue like everybody else, and pay the going rate. 3p-4p-5p-10p.

QBT is the best stock and the desperate #jackC greedy ‘accumulation crew” want more than you and I.

But, they need to try “much much harder to pull wool over todays intelligent investors”

02/11/2021 9:53pm
NEWSBTC

https://www.newsbtc.com

2 key paragraphs on ASICs resonate with anyone?

What’s stopping the Bitcoin decentralization phenomenon? Nowadays, a shortage of ASICs. Which has to do with the global shortage of chips. However, in ideal circumstances, it’s still difficult to get high-grade Bitcoin mining machines in some countries. In some cases, the local taxes are extremely high.  Plus, the manufacturers prioritize so-called first-world country clients. 

Conclusions And Projections For the Bitcoin network to be as decentralized as its participants hope, it needs further distribution of ASICs. Nowadays, everyone is fighting to get any and all machines they can get, and that’s alright. There are incentives to do so. However, in the future, Bitcoiners will have to find a way to get ASICs everywhere. There’s also an incentive to do this and it presents an immense business opportunity.

QBT is already on it and deep into this massive and immense business opportunity. What does BTC have to do with QBT mining tools?

EVERYTHING, .........Golden spades, Just sayin ;)

9This was written when sp was 1.4p..)

Why it matters to CEO that BTC and ETH price continues to rise further beyond $46,000.
Correction beyond $55,000 and continues to rise higher towards $60,000, $70,000++

In any new business the price and quality of new products matters, size of the market sector/ industry matters. Revenue, goals, strategies are based around the potential market size and growing market future trends. In this case investors buying crypto asset BTC, and the global crypto miners, mining BTC , and the circ. market size growing expotentionally. This is going to happen. (In fact it has happened since i wrote this...)

QBT gaining a slice, a share, a pie of this fast growing market. Supply and demand will always matter, no matter what people amy want to believe, the fact is “it matters”.
This is business, this is a £75- £100bn circ market sector, with BTC market capitalisation back above $1Trillion for BTC alone. Overall Sector is near $2Trillion If BTC price was low, mining companies would collapse. Profitability would be much lower. Price matters.
However QBT will supply the miners with new effective tools to mine, and may also become blockchain validators on the side.

BTC price surges to new heights is in QBT favour, we expect this to happen in the future, we need this happen, our market capitalisation will grow as BTC surges. Correlated. Else there is no point in this new business. It’s all about the price surging, circ market size growth, global adoption, countries adopting, Institutions and corporations invested and holding the asset, legitimisation of digital asset.

If you had been in the petroleum business and sold oil /petrol in the 1940’s and 50’s, when the great car industry started to grow in the billions, price of the petroleum fuel companies like BP/ SHELL and smaller oil companies started to rise. Many were bought out by the larger growing companies. Consolidation/ aquisitions will happen in the crypto underlying stocks /sector. This is how markets have worked for past 100 years.