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The only reason this isnt flying is because all the day traders are taking their 10%. I'm in no rush. This news has massive potential.

1.135p to buy on HL

Aim - think you're earlier 1.4p prediction could be on the conservative side. This is a cracking update. And fantastic to see Mr Chong officially at the helm for now. Think he's been making the difference this year.

Just a reminder about this:

This was in the Acquisition RNS in June:

MPM is a company incorporated in Myanmar in 2016 to establish a payments and remittance business and is in the process of applying to the Central Bank of Myanmar for a payments license.

This was in the 2017 Annual Accounts:

The mobile money application (in cooperation with MyPay Ltd) remains pending as MyPay awaits its operating license in Myanmar.

I suspect with the fundraises this year and anticipated ringfencing of some of this money for the depository requirements, we're a lot closer than some think to the license.

We've very much been in build mode this year and still are. We should reap the rewards soon. If we were genuinely approached in January it'll probably happen again. We'll be much more appetizing with the investment we've made. Whether Eric intends to sell in the short term remains to be seen, but bringing in Chong suggests to me he wants to build up the company and turn a profit, and make this a success. Note he does hold shares as do others so he has this vested interest to consider alongside his healthy salary.

Agreed. I think there a lot more indicators now pointing to a positive future for the company. When things will be confirmed to us is unclear, but I have no doubt I'll be happier and happier as time goes by. Holding.

Another posting on the mobile money Facebook page today promoting tomorrow's co sponsorship of music event.

Think we can put the timing of the RNS to bed now as most can see beyond it. There would have been emotional trading on Friday but hopefully not now on Monday. I still wonder if we'll see the conversions go through like last time. If there is a JV then they could simply be rolled up into a deal for that presumably.

Very confident the deposit money is ringfenced. You get used to Eric's updates which don't tell you everything. I don't think they explicitly pointed out the ringfenced money last time until the acquisition RNS. It had been tucked away in the year end accounts.

I think most people would agree with you, just some don't want to admit it yet.

Again I agree. If he turned down offer in Jan it's because he knows what he could get with some hard work. I believe any large buyer in the background has Eric's full support.

Agree - I want a JV too. Will be worth a lot more to us this time next year if JV, if not before then.

Think the mystery buyer is a partner/JV and this is the reason for the silence - can't see any other reason for it. There is no doubt in my mind that Mysquar is heading in the right direction.

Suspect had some left but thought best time to do it again

Thats what i said Bunco

Or the actual burn rate isn't that high - they just thought that would be the best time to use Atlas again as the price was back up to c 2p at that point. We don't actually know the burn rate or what was left over until the year end results come out.

Looking at this again the £42K trade could be a buy from earlier in the day just printed late. The large sells at lunch time were followed by buys at the same price (1.05) as the large trade. This could have been a reallocation of shares from one party to another. Something is going on and our large buyer from before may be back.

https://careers.mysquar.com/sales-and-marketing-executive-myanmar/ The above link is described as this in Google: Marketing Executive - Myanmar (Remittance Division) It goes through to Mysquar's website but no details shown. That said it does suggest a step up in marketing is coming.

Ramping aside, news is due. Eric said end of September for full launch so it's reasonable to expect confirmation any day now. Also, year end results are due. Possibly November but they are due before the end of the year.

Google translation: Rock music and I like it. Coming on October 7, the original analysis show event in Singapore Carnival Theatre. So MySQUAR Remit tickets order to free a small contest. Show why your theater tickets and cash. There is an opportunity to try one's luck I do not want to be prize winner to get the gifts. First prize: $ 75 per ticket Second prize: two tickets for $ 50 Third prize: two tickets for $ 25 Winner will select three $ cash into your Uber remit wallet will fill. First MySQUAR Remit Facebook Page Like button. Write this post after #MySQUAR_UberRemit Public Share. Winner will be announced on October 5. Coming on October 7 MySQUAR participate as Co-Sponsorship of the analysis to show the match in Singapore Carnival Theatre. Show theater tickets and cash. There is an opportunity to try one's luck I do not want to be prize winner to get the gifts. First prize: A first class ticket and $ 75 per seat Second prize: two front row tickets and $ 50 Third prize: A first class ticket and $ 25 per seat Winner will select three $ cash into your Uber remit wallet will fill. First MySQUAR Remit Facebook Page Like button. Write this post after #MySQUAR_UberRemit Public Share.