Member Info for Jarv55

Who is in the top 3?

There are not any shorts open people are not stupid.

Btc trying to bounce https://invst.ly/1299ob

BTC is moving QBT and Gst should do very well, best to be in both and maybe Kr1

You have to understand the bod only raise for growth this is not like Arb where the Ceo rinsed the company. There are 33% not in the public hands, the bod don't ramp, they don't need to, in 12 months time Gst will look like a totally different company with more revs scaling in year on year it won't happen over night all the lengths know, this will take time, but the potential here over the next two years is huge. I wonder what they add on next.

The funds raised from the Placing will be principally used to accelerate the implementation of the Group's GS Money strategy, including potentially via further acquisitions. Further announcements will be made by the Company in due course as appropriate.

GST continues to focus on the development and roll-out of its innovative GS Money solutions from the Group's GS20 Exchange and Angra Global businesses.

Following the Company's soft launch of its GS20 Exchange in November 2022, the soft launch has been successful and the development of the GS20 Exchange has progressed in accordance with GST's expectations, with a wider roll-out now being undertaken. There has been a progressive build-up of signed-up users, and the Company are greatly encouraged by the market traction the GS20 Exchange is enjoying. The GS20 Exchange is generating revenue for the Company via trading commissions at varying levels depending on the type and size of transaction undertaken.

Angra Global, which was created following the acquisition of PAYPT Finance Ltd, in Canada, in August 2023, and its merger with the Group's existing Angra business based in London, has been onboarding new customers and is trading in line with the Board's expectations. A proportion of the Placing proceeds will be utilised to progress Angra Global's cryptoasset wallet development and enhancements to its white label e-wallet solution.

In line with its stated strategy, the Company's principal business model for the GS Fintech subsidiaries remains to roll out GS Money based on three initial use-cases: international money transfers, borderless accounts, and private stablecoin. The Company believes the exchange will be a significant enabler for its GS Money stablecoin business and will integrate well with the recently acquired Angra business.

Tone Goh, Chairman of GST, commented: "With the acquisition of Glindala our total addressable market is now much broader and it creates a step change in our combined offerings to our clients. For example, instead of solely relying on costly wire transfers to conduct cross-border trading transactions, Angra's clients will soon be able to pay out and get paid in cryptoassets including Bitcoin, Ethereum, stablecoins, and other digital assets. We look forward to providing further updates in due course as we establish our cryptoasset exchange business and progress the roll out of GS Money."

Glindala's Crypto Currency Exchange Licence is supervised by the Lithuanian Financial Crime Investigation Service ("FCIS") and it covers two types of crypto activities, cryptoasset exchange services, both crypto-fiat and crypto-crypto, and cryptoasset depository wallet services, including generating and storing encrypted client keys. Completion of the acquisition was subject only to the approval of the FCIS which has now been received.

GST plans to utilise Glindala to launch a regulated cryptoasset exchange platform to offer crypto products and GS Money stablecoin settlements to retail and institutional clients. The regulatory permission secured is a significant step forward in GST's stablecoin expansion strategy in Europe.

Following the acquisition of Glindala, GST has entered into an agreement with an exchange infrastructure technology partner to provide the technology and software to run the exchange and integrate it with the Company's other offerings. This is expected to significantly accelerate the timeline to bring the full exchange platform into operation.

Suggest you all start here https://www.gstechnologies.co.uk/our-activities

Nothing fishy about a revenue generating company, think a few here need to start doing some research. Got to love it when de-rampers turn up trying to get in cheaper.

Looks like that placing is cleared now

Nice reversal today https://invst.ly/12976c

Atlantic Lithium just had a low ball offer which got rejected, looks like the Chinese are going to be trying to sweep in on some Lithium companies.

Investor Ace where did I did compare Paypal to Gst don't be an idiot. I was replying to this post by Oldslow.

Paypal are now fca approved to sell crypto in the uk, again since august 2023 ,didnt take them long to comply...

The reason it didn't take them long to comply is due to their revenue. One of the reasons that Gst didn't make the Sandbox is due to not being able to have funds to support the testing of the site. They got offered to join the Fca start path instead, They will now be generating revenue and I would not be surprised to see them go into the Sandbox with out having to go through the testing procedure.

And what is Paypals turn over?

What a daft time to release an rns

How about you just filter the trolls and talk about the fundamentals.

Angra customers have been testing the GS20 Exchange more customers are onboarding at Angra so now they have a UK Fca regulated FX exchange and a Canadian regulated licence will be interesting to see what they add next.

Has anyone used this website? https://angrafx.com/

Angra business based in London, has been onboarding new customers and is trading in line with the Board's expectations. A proportion of the Placing proceeds will be utilised to progress Angra Global's cryptoasset wallet development and enhancements to its white label e-wallet solution.

I wonder what they are acquiring next.