Member Info for Invest4theLT

https://insideretail.asia/2017/07/12/tencent-holdings-targets-malaysia-for-local-payments/

Over 550k followers on Mingalarbar Morning now. Thought Taurus would get in with that first!

https://walkthechat.com/advertising-on-wechat-moment/

Just a reminder about the big man now and what he can do: https://investors.mysquar.com/stephen-chong/

Another cracking day particularly with those late trades. It's tough but looking beyond it. I don't need to repeat all the positive news that's expected. I would say that a company without a future probably wouldn't have moved Eric on or expanded the board and brought Stephen Austin in. This feels like a JV. Given Atlas only converted £100k they could be banking on their 10% profit on the rest from a bond cancellation and issue of equity to another party.

May have been posted recently but anyway: https://investors.mysquar.com/mou-with-sealand-capital-galaxy-limited/ Reference to WeChat back then.

$1.8m rev for last year. $171k rev pm = over $2m per year. Hope that helps.

You'll probably see I commented on that recently and that they clearly meant USD.

Two words. Your point?

GW - bit surprised by your post this evening. We discussed Imperiums disappearance months ago on this board. I thought your negativity was based on your research but it doesnt look like much research had been done. As you have noticed Imperium fell off the large shareholder listing some time ago without explanation. Some time after than Eric issued direction notices to find out who held undisclosed large holdings. He then cancelled the notices without explanation. See the RNS. There has clearly been big buying this year. Various theories on take over or JV. Rumours of Tencent earlier this year now its been confirmed this week we are working with them. Two of Tencents potentially associated companies given 35m shares from this weeks deal. The optimistic says this could all point to a Tencent take over. Large mysterious buying, direction notices, imperium disappearance etc. The pessimist may suggest its all smoke and mirrors or coincidence. Needless to say those invested are leaning towards the former. I guess those not or waiting for funds go with the latter. I dare say you are vastly more experienced at this than me but i am trying to do my own research alongside the other good research provided. I believe I'm onto a winner but only time with tell. Good luck with your research. Respect.

Ok. So I am trying to ignore the ridiculous looking sells that are happening but it really does intrigue me who is selling. Any takers for these?: 1. Atlas albeit likely to be at a loss. Why? - to lower the price further for future conversions 2. PIs albeit likely to be at a loss. Why? - they've found something better for now 3. One of the large holders. Why? - it may have been 'free' shares from a tie up deal etc and they want to cash in 4. Eric. Why? - had enough of the way he's been treated! 5. Other?

Suspect the license requirements and tie up with Tencent both contributed to this. I wonder if Eric is holding onto his c.7m shares.

It's been said that the price has been held here. It does feel like that given today's selling. I understand people taking 10% or so, but there were a fair proportion of sells not much over 1.00p. Why sell after this morning's news? The initial buying was quickly taken back down and any attempts later in the day were also negated. I can see the attraction to some - such as being able to give away 35m shares at such a low price. The cost of being officially linked to Tencent is possibly more than we can imagine, so paying in this way (knowing the SP will rise in due course) makes it economical for Mysquar. Equally, the lower the price and conversions, the cheaper for any large entity to pick up a decent stake. Still plenty we don't know but I feel confident about the future, especially after today's updates.

There is evidence of a sound strategy which is coming to fruition. Stephen Chong was brought in to change direction. He was seen as the successor to Eric at the right time. They had been talking to Mypay for some time when led to the tie up. They had also been talking to Tencent for some time which led to today's news. Issue of equity to MyPay and today's new partners to strengthen business going forward. Appointment of MyPay MPM chief to do this too. Mobile Money partnership tie up with Uber Remit and OK Dollar. Payment license should be around the corner. Development phase coming to an end. Atlas conversions starting again. IMO. Looking forward to the coming weeks and months. Standalone, JV or buy out, I don't mind.

And so it begins..... Great news.

New ballgame now Tencent involved.

Jez - Tencent piggy backing off us - I like the sound of that!

1.17p paid

10M shares traded already

1.14p paid