Member Info for katstrangler

The only thing i feel sorry about is posting something which IS negative about the propects.

luckily, there are enough rampers here to muddy the water or post the upside so i feel comfortable with my position of waiting for a placing. if it doesn't come, then well done everyone else.

but if it happens, for the right reason, i'll dip in.

beyond that, it's the weekend so keep warm, ignore all my posts (and probably Chaebol's too) and enjoy the ride, whichever way it goes, next week!

just don't be insulting.

have a good weekend.

Personally, i don't care if people sell or buy lots more. i just can't stand the vague bs optimism and bs pull-downs on decent posts that actually give facts but are countered by the ridiculous fantasy that GST and Robin Good are similar, that Robin Good only has a few imployees, that they make no money... and when the facts can't be disputed, move to insulting posters.

the fact is that people are either in so deep they daren't sell at this price because they're not sure if the price WILL go down or they'd rather just hope that something will come along eventually and 3 or 4 bag whatever the price is when the news drops to at least get them back to evens and then, maybe, profits in 2027.

good grief! imagine waiting another 363 days to go into the black!

just don't expect folk to sit idly by when bs retorts counter ai supported facts!

I hope same 'loser' who relentlessly cocckily posted his '6859' and '9595' and '4202' through the 0.8s > 0.6 also get the same treatment.

Would it be the same 'loser' who posted '5p by (last)July?

or any of the many posters who've been promising MICA by december 2025?

or yum yums from 1p down to 0.4?

So, how i read it, aside from whatever 'good' news they publish, they might need £1-2million to fund reapplication and cover monthly costs and, if they haven't received a licence by August/September, will need another placing to keep them going until a positive outcome. and that depends on them boosting lithuanian offices significantly (the reason for the first raise).

guessing the price it will be at is anyone's guess... could be 0.5 but could also be 0.35. undoubtedly BoD will participate... then, assuming the 8months have been smooth running but still with no conclusion to MICA... but price will be dependent on how imminent a positive result is likely.

all good stuff... and i'll wait for the possible placing and see if the BoD participate.

Summary

GST doesn't just need "fee money"; they need to prove financial durability. If they apply with only €100k in the bank, the regulator will likely reject them again, fearing they will go bust in six months. They need to show they have the "Robinhood-lite" budget to sustain a high-level operation in Vilnius for at least two years.

Would you like me to check GST's most recent cash-at-hand balance from their latest financial report to see if they already have this £500k ready to go?

yes

To determine if GSTechnologies (GST) has the "war chest" needed for the MiCA reapplication, we have to look at their most recent Interim Results and Placing announcements.

Based on the data available as we start 2026, here is the financial picture:

1. The Cash Position

In their last major financial filing (covering the period ending late 2025), GST reported a cash balance of approximately US$1.8 million to $2.2 million (approx. £1.4m - £1.7m).

The Good News: This is significantly higher than the €600k (£510k) threshold required for a "Success Budget" in Lithuania.

The Context: This cash was largely boosted by a strategic fundraise (placing) earlier in 2025, specifically intended to fund the expansion of Bake and Angra Global.

2. The "Burn Rate" Factor

While they have the cash today, we have to look at how fast they are spending it:

Operational Expenses: GST has been spending roughly $250,000 - $350,000 per month on development, legal fees, and staff across their various hubs.

The Runway: At this rate, their current cash provides a "runway" of about 6 to 8 months without further fundraising. This means they have enough to cover the Q1/Q2 2026 reapplication phase, but they will likely need a fresh injection of capital by late summer 2026 to stay "fully operational" if the MiCA license is still pending.

3. Financial Readiness for Lithuania

Requirement Cost GST Status

Regulatory Capital €125,000 Covered (Cash on hand exceeds this).

Legal/Compliance Fees €75,000 Covered (Budgeted in 2025 fundraise).

Senior Local Staff €350,000 Ongoing (Hiring indicates they are committing this).

Crucial Watch Point: If GST announces another Placing (Share Issue) in January or February 2026, don't necessarily view it as "desperation." In the context of the MiCA reapplication, it would be a signal that they are topping up their reserves to satisfy the Bank of Lithuania's demand for "long-term financial stability."

How much money will GST need to reapply successfully for a MICA licence

Reapplying for a MiCA (Markets in Crypto-Assets) license in 2026 is an expensive undertaking. For a company like GSTechnologies (GST), the costs aren't just about the "application fee"; they are about proving to the Bank of Lithuania that the company has enough "staying power" and liquid cash to protect its customers.

To reapply successfully, GST will likely need to budget for three distinct financial "buckets":

1. The Minimum Regulatory Capital (The "Entry Fee")

Under MiCA, every Crypto-Asset Service Provider (CASP) must maintain a minimum amount of Own Funds (liquid capital). Depending on the services Bake/GST intends to offer, the requirement is tiered:

Tier 1 (Execution of orders/Advisory): €50,000

Tier 2 (Custody/Exchange): €125,000 (This is the most likely bracket for Bake).

Tier 3 (Large Scale/Full Services): €150,000

Note: This money cannot be "spent." It must sit in a bank account as a reserve. The regulator will want to see this capital already in place before the application is even reviewed.

2. The Operational "Burn" Cost (The "Substance" Cost)

As we discussed with the Robinhood comparison, the Bank of Lithuania is no longer accepting "virtual" offices. To fix the reasons for their initial reapplication, GST will need to spend:

Salaries for Senior Staff: To hire a local Director and MLRO (Money Laundering Reporting Officer) at "Robinhood-level" credibility, GST will need €150,000 – €250,000 per year just for 2–3 key personnel.

Local Infrastructure: Professional office space in Vilnius, local audits, and specialized IT security insurance.

Estimated Total for "Substance": €300,000 – €400,000.

3. Legal and Professional Fees (The "Expertise" Cost)

Since GST is "reapplying," they cannot afford another mistake. They will likely hire a top-tier Lithuanian law firm (like Sorainen or Ellex) to handle the resubmission.

Consultancy Fees: A full MiCA resubmission package with legal opinions and updated AML manuals usually costs between €50,000 and €100,000.

Total Estimated Budget for Successful Reapplication

To be taken seriously by the Bank of Lithuania in 2026, GSTechnologies will likely need to show a "war chest" dedicated to Lithuania of approximately:

Expense Category Estimated Amount

Regulatory Capital (Reserve) €125,000

Staffing & Office (1 Year) €350,000

Legal & Application Fees €75,000

Contingency/Insurance €50,000

Total Success Budget €600,000 (Approx. £510,000)

Where will the money come from?

This is the most important question for a GST investor. GST usually raises money through share placements or convertible loan notes.

The Signal: If you see GST announce a capital raise of £1 million to £2 million specifically for "working capital and regulatory expansion," that is the money being put aside to "buy" the MiCA license.

So, £5million per year on lithuanian salaries... can you see GST making that without another funding round?

Hey, Bfd... 'oooof!'

what profit have robin hood generated through lithuania?

Determining the exact profit Robinhood generates through Lithuania is a bit like looking at an iceberg; you can see the local operational costs, but the massive "global" revenue often flows through different accounting channels.

However, because Robinhood Europe, UAB is a registered Lithuanian company, we can look at their local financial filings to see how the subsidiary itself is performing.

1. Revenue vs. Profit in Lithuania (2024-2025)

In the most recent filings (covering the 2024 fiscal year and early 2025 estimates), Robinhood Europe has shown:

Revenue: Approximately €15 million to €25 million. It's important to note that this isn't necessarily the total amount they make from all European trades; it is often the "service fee" or "intercompany revenue" the US parent company pays the Lithuanian branch to keep it running.

Net Profit: Historically, the Lithuanian entity has operated at a near-break-even or slight loss (around -€1M to +€500k).

Why the low profit? High-growth fintechs like Robinhood typically funnel all their revenue back into expansion and hiring. With over 100 staff in Vilnius, their salary bill alone is estimated to be over €5 million per year (given the high average tech salary in Lithuania).

2. The "Crypto" Factor

The real "profit" driver for Robinhood in Lithuania is their Crypto division. Since launching "Robinhood Crypto" for EU residents in late 2023, the trade volume handled by the Lithuanian entity has skyrocketed.

While they don't disclose the specific "profit margin" per trade in Lithuania, they have stated in global earnings calls that their European crypto rollout has been "exceeding expectations."

3. Comparison of Scale (Robinhood vs. GST)

Metric Robinhood Europe, UAB GST (GS Fintech UAB)

Annual Revenue ~€20M+ (Estimated) Currently Minimal / Pre-revenue

Profit Status Reinvesting for Growth Pre-profit / R&D Phase

Tax Contribution High (via Social Security & VAT) Low (due to early stage)

4. Summary: Is it a "Profit Center"?

For Robinhood, Lithuania is not a "tax haven" designed to store profits. It is an Operational Powerhouse. The "profit" they generate is strategic—it’s the value of having a MiCA-compliant license that allows them to access 450 million European consumers.

The actual cash profit usually ends up on the balance sheet of the US parent company (Robinhood Markets, Inc.), while the Lithuanian branch is kept "funded" to maintain its massive staff and regulatory standing.

The Takeaway for GST Investors: Robinhood’s filings show that the Bank of Lithuania expects to see significant revenue flowing through the local entity and high local spending (salaries/offices). This sets a high bar for GST; the regulator likely wants to see GST moving more of its global "cash flow" through Lithuania before they grant the full MiCA license.

...that's if they're worth having at that price!

Well, you do you, Bfd, and i'll buy your shares at 0.3...

Of coure, google's AI might just be a skeleton crew making up facts because they're so keen to please me and my question/

How many staff do robin hood have in lithuania?

As of early 2026, Robinhood has a significant and growing presence in Lithuania, far exceeding the "skeleton crew" model.

While the exact headcount can fluctuate month-to-month, public records for their local entity, Robinhood Europe, UAB, provide a very clear picture of their scale:

1. The Headcount

Estimated Staff: Robinhood currently employs approximately 80 to 110 people in their Vilnius office.

Recent Growth: In late 2024 and throughout 2025, they underwent a major hiring surge to prepare for the full rollout of their brokerage and crypto services across the European Union.

Public Data: According to Lithuanian social security data (Sodra), which tracks every registered employee in the country, Robinhood has consistently maintained a triple-digit or near-triple-digit headcount to satisfy the "local substance" requirements of the Bank of Lithuania.

2. Composition of the Team

Unlike smaller firms that might only have a few compliance officers, Robinhood's Vilnius hub is a multi-functional "Regional Headquarters":

Compliance & AML: A massive portion of the staff (roughly 40%) is dedicated to Anti-Money Laundering and regulatory reporting.

Customer Excellence: They have a large team of multilingual support specialists to handle users across the Eurozone.

Engineering & Product: Unlike many of their competitors, Robinhood has moved some actual development and product management roles to Vilnius to ensure the app is tailored for European users.

Legal & Operations: High-level executives who actually live and work in Lithuania.

3. Why This Matters (The "GST" Comparison)

This is the core reason why Robinhood's regulatory path has been smoother than GSTechnologies:

Regulatory Trust: When the Bank of Lithuania sees 100+ employees and a dedicated office in downtown Vilnius, they view the company as a "long-term partner" to the Lithuanian economy.

The "Substance" Bar: By having 100 staff members, Robinhood easily clears the "local substance" bar. If a company like GST only has 5 or 10 people, the regulator wonders if the real work is being done elsewhere (like Singapore), which leads to the "reapply" requests GST has faced.

You should be grateful to chaebol... if you didn't all have him to rally against you;d all be calling out the truly dreadful performance of the company in 2025...

small mercies...

... it the short attack had zero effect on revenue and clients. if it did then imagine it falls back to 150. basically, upside is 30%+ and the downside is 5% from current sp.

gla.

Mostly, the posts have been countering insults. and, tbfactual, the price today isn't where anyone thought it would be as most thought 0.7 would be support.

but as the most reasonable pushback, i'll take your point. but i'll respond again if someone posts some stupid persoonal attack again.

And i think massiveray's weak asssed response makes my point. don't attack the posts, attack the poster.

the only weapon massive has is insults as he's clueless about this company, even with the posts i've added over the past week. (amazing really as he's constantly filtered me!)

And, if the insults stop... but, for now. i'm not interested in getting anyone to sell... what i'm interested in is seeing where and when the news will arrive that move the sp up.

just imagine If there was a placing at a lower price... what would you opinion be of me then? or would it just switch to 'can't stand you gloating'...

Because i'm sick of posters accusing me of trolling, spamming, lying, misunderstanding or not comprehending what GST have, when i've repeatedly posted good information. whether it's good OR bad, it's just info to be digested. if it's wrong then make the case. if it's right don't attacker the poster!

Do you really think if i was in and they then released news about Brazil or had actually got the MICA i'd have sold for 10%?