Member Info for Goolang

Amazon could say no but then they will risk losing market segments to other platforms who sell the same product as well as demand from merchants who want it as a payment option. Amazon would need to cave eventually.

So the difference is paid out marketing budgets both at MODE and with the merchant. This means we lose £'s in every transaction.....

We should be at £1 minimum. The 2022 fundraise and lack of interest by institutions and heavyweight PI's is not helping. Just need to wait it out. I am concerned that some of these marketing campaigns (BTC Cashback whether it be 5% or 10% are loss making or break even) and that mode are hoping that trading fees and insurance products rescue their bottom line. Let us see.

An App is launched but it is not the SuperApp with retailers built-in and paying electricity bills. We are one step closer, but only one step.

£1.20 - March 2022.

No, i would have the BTC ticker https://bitcointicker.co/ on the screen beside me and when the alarm goes off that i have set up, i would jump onto my personal computer by BTC at that point within 30 seconds.

That would make me thousands in capital gains every year not the default option which payescape and my employer offers which is less incentivising.....

I would do 1% or 2% but since there is no capital gains protection then i am more inclined to put money into my ISA.

Ariane as CMO is a shocking appointment. Seen her Linkedin profile? She knows nothing about marketing today.

Lots of investors posting today who are not the usual suspects on the board. Unhappiest sentiment i have seen so far here.

Painful to read but the fact is that management have ballsed up there communications, and should have pushed out Ether as well as retail subscriptions by now for greater rewards and better trading fees and spreads. This is easy, low hanging fruit that Mode could have enacted 9 months ago and we would be in a far better position today. The CIRO now CMO is a farce. She has performed poorly all year round.

We were suppose to get another big merchant deal RNS and it never happened. Market knows something or more to the point, Arden and Peterhouse.

I do not think they are profitable......

VLR|M did not buy the GSX. They only have options to buy it and will need to do a biblical fundraise to exercise the options. That is why the SP is so low.

@JD936, It is not UKWs objective to have capital growth, just capital preservation and a dividend that grows in line with RPI. See below.

''Greencoat UK Wind PLC is the leading listed renewable infrastructure fund, invested in UK wind farms. The Company's aim is to provide investors with an annual dividend that increases in line with RPI inflation while preserving the capital value of its investment portfolio in the long term on a real basis through reinvestment of excess cashflow and the prudent use of gearing.''

MATT FOX ON TELEGRAM , is a loon. !

The £250 BTC offer is a farce. How will people know about it? It is a secret offer....

33p here we come. You could not make it up!. The sad things, that recently they have probably done some pretty good trading volumes and revenues are coming in from THG. We are all in the dark though and may well be until March '22 when the next fundraise happens :-(

I am hoping of increased revenue again for H2 because of BTC volatility. Every day we miss the boat on Ethereum trading.

They have registered so i understand. There is a waiting list that you can add yourself too on the Mode for Business website. They have sales people cold calling, even small merchants to begin with but now i think they have shifted the sales activity to big merchants alone. Small merchants will go live once shopify is up and running, which i hope to god will be this year.

We are almost half through the final Q4.

As a guesstimate, taking into account the H2 results and the faster rollout of THG i am anticipating £2.5 million in revenue this year.

- In 2022 i am anticipating £10 million to £16 million next year IF in-store payments are launched in at least one high street retailer. If not, and we only have the online payment option plus some Open Banking Data Analysis Product Offering for merchants in the backend, then I expect £7.5 million to £10 million in revenue.
- In 2023, i am assuming in store payments is launched in thousands of retailers on the high street as well as online payments and an open banking marketing analysis service fully up and running on an IT platform. In this scenario, i forecast £40 million to £70 million in turnover.

As for the market cap, i will let others make a forecast? I would assume a further 15% share dilution though as there is a further fundraise next year. Cash will run low in Q1 2022.

The under 40's crowd will be tempted by the BTC cashback option however, students, the indebted and low income earners will ''NEARLY ''always go for BNPL. There will be some conversion of the BNPL option from time to time. I think given the user can get 5% back every time will help penetrate this market segment. It is clear MODE want to be a thorn in the side of ALL of the other payment options which i do applaude.

I personally think 5% of all UK THG customers are now using MODE rather than the 2% i previously forecast. Therefore, i anticipate another £400k in revenue this year and over £1million in revenue next year derived from the THG partnership alone.

We need more merchants. Shopify must get up and running very soon as well as Ethereum. After that we can go onward to the EU.