Member Info for JezTheFez

You raise some interesting points, Invest4theLT.....

Could it actually be that Eric has played a mastermind stroke and has foresaw that the Atlas shares could be bought-up by a.n.other party - such that the other party could increase their stake / share of MYSQ "on the cheap" so to speak?

That could be why we are seeing relatively large buys coming in (especially towards the end of the trading day) as we saw yesterday. It still appears that whoever this other party are, they are probably hoovering-up whole swathes of shares at a relatively cheap price, I suspect in the knowledge that once they reach their optimum level, the joint venture or indeed takeover could be announced, which would send the share price skywards.

I may have to change my tune then? Maybe my thinking now is that there will be some form of joint venture. Maybe between Tencent and MYSQ. We know that Tencent and MYSQ held talks earlier this year and maybe at that juncture in time, Eric could have mentioned to them in private that he would potentially favour some sort of join working arrangement rather than be taken over. Maybe Tencent agreed not to takeover MYSQ, but when Eric was ready to do business again the two parties would speak.

We also know that in a recent RNS, it was announced that Tencent and MYSQ were no longer in discussion with each other. Maybe that was in the knowledge that at some point in the future the two parties would speak again and perhaps even collaborate.

Hmmm.....who knows what was said and what their plans are? A joint venture would sort of fit the mysterious goings on as of late with the share price movement and the rather cryptic RNS's that we have had. It seems that a lot of ducks have been lining-up in the background and when the timing is right, a big announcement may be made.

What do others think?

Investforthelongterm….

You may be hinting on some form of "joint venture" then? It doesn't have to be a hostile takeover or takeover of any description at all. Rather, a partnership for the greater good of the partnered companies.

I guess we'll find out sooner rather than later, but Eric removed the voting restrictions from the company who had over 14% share of the company and whose name is still a mystery. Maybe that was the clue to this all and we have simply failed to recognise it.

I still see whatever happens as a win-win for us all anyway. Whether we partner with another company to fast track our development to profitisation, whether we go it alone and become bigger than MOMO in time or whether we are taken over for many multiples of where the current share price resides.

I'm big on open communication and my only concern is that Eric has gone tight lipped again and usually that doesn't bode well for we PI's. Maybe he has to keep tight lipped for what is to be announced in due course. Who knows? Guess all we can really do here is sit back, strap ourselves in for the next rollercoaster ride and hope and pray that we will be fine.

I'm still voting 'no' at this stage in time unless Eric comes out with a clear and defined explanation as to why he wants to dump a whole load of stock onto the market. I can't help but think that the reason he wants to do this is to ward away the hostile takeover party by diluting their share of the company. Just hope he is not screwing over we PI's in the process. Mind you, it wouldn't be the first time and probably wouldn't be the last. As you know, I have dire reservations about Eric and hence why I am all for a hostile takeover. Hand the company over to a party that can take the company forward in the right direction with clear and open communication and real progress rather than cryptic messages and guessing games. He takes us PI's for mugs and he needs to know that we're not going to be toyed around with anymore.

There's so many ducks in a row that you'd be simply quackers not be invested here!!

Have a good weekend one and all. Off to work for me now.

Matis,

Stop being a killjoy! There's nothing like a good "boomage" here and there to lighten-up our otherwise dull Friday afternoon. Livin' the dream, mate. Livin' the dream...………

You know my feelings about Eric and I won't go there again for sake of repetition. The company's potential is far bigger than Eric's ego anyway.

At least Janus has the balls to buy-in. Even derampers can't get enough of this share at the moment and feel compelled to buy-in. What does that say about where we're all heading? To the stars.

Let the boomages resound loud and clear.

Welcome on board the good ship MYSQ, Janus. Pleased to finally have you on board sailing with the rest of us pirates.

That's quite an accumulation. Well done at getting hold of so many golden tickets. Beers on you then when this one goes BOOM very, very soon. Are people happy with London as the venue for our 10p party?

I respect the fact that you bought a load of shares when the price was depressed. That's exactly the right thing to do. Buy when others are fearful and because we all know that when things start to hot-up here as we saw earlier today, then any chunky buys go to auction i.e. NT. I have mentioned this time and time again but people still wait on the sidelines fantasising about lower entries. I've been there so I know how it feels and I can tell you, it's a very lonely place. Chris2p and Des' are probably sitting staring at the computer screen at the moment with bright red faces because they are now quickly realising that we're setting sail for sunnier climes.

You have my respect, Janus - not that you probably need it, but I thought I'd commend you nonetheless.

maythefezbewithyou

A sea of blue today. People can't get enough of MYSQ all of a sudden. Maybe RNS due this afternoon or after hours with some compelling news? Could it be news of the banking licence being awarded? It's all very leaky, leaky! Very exciting too.

Anticipation for getting awarded the banking licence is now mounting. We should IMO see the share price head above 2p before licence granted and then the licence award RNS will land and then BOOM.

Good call, Bunco. You could well be right. I.e., Atlas may have agreed to offload some of their shares to another party.

I tell you one thing: this is definitely not a dull share to be invested in. Buckle up and enjoy the ride.

AimTrader is bang on in my opinion with his predictions. The banking licence should see the share price double and by Autumn when the Payments Platform is in place, we could well see a return to 4p+ zone. That's of course if we're not bought out by another entity for many multiples of the current share price!!

Looks like we're heading towards being the top riser on AIM today. Great to see and we all know that the share price is like a coiled spring at the moment. One titchy sniff of good news and I can see this one multi-bagging very quickly as people jump in for a piece of the action.

Boom! Leaky, leaky!

TTFN Chris2p and Des. See ya when we're way north of 2p with a new nickname for the pair of you! Let the good times rock 'n' roll.

Goldminer,

Once we have the payments platform in place and more international channels forged e.g. the Middle East for money to move back into MY using the MYSQ Payments Platform, we'll make some decent money via the transactions. I think that's how it works anyway - that we receive a commission for each transaction. We'll learn more as time goes on. Soft Launch due anytime now as it was pencilled in for this month. Expect a RNS confirming this very soon, which should in theory excite the share price and tickle its tummy. Robust financial figures, which demonstrate that we're heading in the right direction would be a bonus, although at this relatively early stage in our development, don't expect fireworks. Breaking even and eventually registering a profit can't be too far off and will come in time so faith and patience needed in the medium term.

Well....we need to know what we're voting for ideally. Plenty of encouraging events going on at present, yes but at times but extra clarity wouldn't go amiss from you know who.

Can somebody on here please explain what a 'yes' vote would mean and what a 'no' vote would mean regarding the upcoming resolution that needs to be passed in the GM?

I'm still feeling a tad confused by this and I suspect others are too. It would have been good if Eric had come out and communicated this to us but maybe we're all reading too much into it anyway.

It does feel / seem as though all of the strategic jigsaw pieces are being positioned into place prior to the news flow rich next few months. There is a palpable feeling that we are just about to receive some news that will send the share price into orbit. Quite exciting times. Hold on to your golden tickets and let it all play out.

Plenty more TR-1's to come. Mypay one just out, yes.
That's our first TR-1 for a while.

Some nice buys coming through before the end of play today. Good to see. Onwards and upwards. We're just about to enter a news rich period, so plenty for us to mull over, discuss and digest.

Has anybody heard from Aliaspc as of late? He's fallen rather quiet. Maybe he's been writing his apology to me that I have been patiently waiting for! Either that or he's preparing for another game of soggy biscuit.

Haven't head from Taurus for a while either. Tometoyoutaurus.

Chris2p,

Still waiting for the share price to double before deciding to get in? The share price is acting like a coiled spring at the moment and is literally gagging for the next piece of good news to force it in an upwards trajectory. From what I can tell, people are in the most part sitting on their hands waiting in anticipation for the news flow that is very soon to be upon us. A lot of good stuff going on at the moment and another interesting RNS this morning to discuss.

Nobody as of yet has mentioned another possible scenario of the restrictions being lifted. Could it be that Eric now knows who the mystery party is and is looking at some sort of joint venture with them rather than watching MYSQ falls into the hands of a hostile takeover party? Maybe the mystery party is Tencent?

Interesting times and certainly not a time to be sat on the sidelines like Destitute and Chris2p. Grab some more shares now before the inevitable rise.

I'm happy with the RNS this morning for the simple reason that the Directors have decided to award themselves in shares. What this usually means is that there is a real expectation that the share price will be way north of 0.73p and so their shares could be worth a handsome sum. Simples.

PI's should in theory feel buoyant about this news because it smacks of confidence, future growth potential and a real desire to turn EUA into a force to be reckoned with. You only have to look at our assets to realise this. Once the Moch' licence gets approved (I can't see there being any issues why it shouldn't be signed off by the PM) then the only way is up!