Member Info for katstrangler

The absolute latest the news could come without causing a legal "blackout" for their Lithuanian entity is tomorrow, Wednesday, December 31, 2025, by the end of the business day (Lithuanian time).

Since Lithuania is 2 hours ahead of the UK (GMT), the clock effectively runs out at 3:00 PM or 4:00 PM GMT tomorrow.

Here is the "impact window" breakdown:

1. The "Hard Stop" (January 1, 2026)

As of Thursday morning, if GST does not have that license in hand, their Lithuanian subsidiary (GS Fintech UAB) legally cannot:

Onboard any new customers.

Execute new crypto-asset transactions.

Market their services as a regulated EU entity.

2. The "Dark Period" Risk

If the news arrives on January 2nd or later, GST will have a "Dark Period." Even if it’s just for 24–48 hours, they would technically be operating an unlicensed crypto business in Lithuania during that gap. To avoid criminal liability, they would have to suspend trading on their platform for Lithuanian and "passported" users (like those in Germany) the moment the clock strikes midnight tomorrow.

3. Why the Finferno News was "Just in Time"

Because the news about acquiring Finferno in Poland came out yesterday (Dec 29), GST has already prepared the market for the impact.

The "Pivot" Strategy: If 5:00 PM tomorrow passes with no word from Lithuania, GST will likely release an announcement on Thursday morning stating that they are "temporarily routing operations through their newly acquired Polish VASP (Finferno)" while the Lithuanian application finalized.

The Benefit: This prevents a total shutdown of the company's revenue, though it does not solve the "Germany problem" (as a Polish VASP cannot legally passport into Germany like a MiCA license can).

Summary of the Final 24 Hours:

Tonight (Dec 30): Last chance for a "late-night" registry update.

Tomorrow Morning (Dec 31, 7:00 AM GMT): Watch for an RNS announcement from GST. If they have the license, they will shout it from the rooftops.

Tomorrow Afternoon (Dec 31, 4:00 PM GMT): The legal deadline. If no news by then, the "Lithuanian blackout" begins.

and the markets close, here, at 12.30pm tomorrow.

gla.

... crazier that you can make 70% on PREM in a morning!

Kowalski, because saying '£2.50' is an easy target when the sp can't quite hold 50 isn't tedious? because it's positive? that's what makes it exciting, is it?

Interested to know what a 'genuine' poster is?

do you mean someone who only posts positive opinions?

because, if you read a newspaper article that suggested a bad prospect, is that also not a 'genuine' post?

bad news obviously happens in investing and hearing an opinion about it CAN save you money. not saying anyone here who's posted negatively has nec. been altruistic in the posting but can you say that all the 'genuine' posters and their posts have helped you to profit?

Rise is predominantly a pump from mcnulty and his cohorts.

can't believe the nonsense posts about 'get in before it hits 2p'... unashamed ramping from folk who either got in from a discounted placing to satisfy loan notes or got access on the bell.

bloody blatant! and then, of course, abandoned while noobs follow the jump but too late to sell.

Not really buying... as it's matched by sells. and it really hasn't moved the sp off 47...

going to need a lot more interest and that's going to need news to drop... and news that's more than expectations.

Billy, if they're 'for you' then why do you post? bragging? 'look how much money i've got!?

it's your agenda, as much as anyone elses... it's your very own 'ruse'!

and it's all still dependent on the MICA... all this personal stuff is just a distraction from will it/won't it happen... and that's what moves the sp meanigfully, not 'ruse's, not yum yums.

so, keep your eyes peeled for GST rns' or boL notices.

Billy, your 'yum yum's have done more to bring folk in on high prices than anything i've done.

you're just pished that you've been taking cash out of RR for six months and then losing profits at both ends: RR up 25% in six months and GST down 50% in the same 6 months.

you're now just angry because you've no chance of selling anything significant without trahsing the sp further.

if you want to get 'aggresive', my head's wobbling, alright... it's the laughter at your growing red numbers!

I also said i would sell if the sp stalled... and it has... because MICA licence hasn't happened yet... nor has an extension into 2026 materialised.

but then massive thinks i lied about having shares so it doesn't really matter does it.

have to say, all the sniping merely encourages responses that are antagonicstic which feels good to do but isn't exactly condusive to the bb.

it's a shame you don't know how to merely talk about the biz and not the posters. but i guess the sp will stick it to you, so i don't need to.

Bfd, however you cut it, the sp is sitting at 0.5 and, if MICA doesn't show, lower.

i'm happy to wait on the turn of that card.

but more than one way to invest. gl.

Well, i sold this morning. and now i'm waiting to see where the MICA licence is. without it, Bake gets severely compromised. no east trading in Lithuania, Germany, Austria and Switzerland. and will need a fiat third party to complete transactions in Poland.

it really isn't a great place to be and so everyone REALLY NEEDS that MICA to materialise by Jan2.

didn't want to spell it out but, Massive, you're such a useless investor, I thought i'd give you something to think about, as you try to sell some of your holding because you now know the state of play!

for the rest, fingers are crossed.

gla.

Am i meant to be 'goldilocks'?

if i am then i'd be more concerned with looking for rns' or regulatory news from lithuania. throwing jibes at posters doesn't do anything for the state of play.

not that anyone will say so but interested to know if meaningul sells are going through or if they're limited. might be a blessing if there's no market for the shares.

Leew, it isn't as 'simple as that'. that was a crypto asset but they still haven't got to fiat/banking asset sorted. Metapay is now punted into 2026. could happen on Jan 2 but it isn't atm.

y'day's rns was done to prevent a closedown on transaction completely. but it doesn't compensate for lithuania shutdown if that licence or extension isn't issued by Jan2.

while i'm mistrusting of AI, if you put in an honest question, i think it gives a better reading than you can get from BoD (not really a susprise!) or from biased reporting from those with vested interests and, therefore, an agenda. but, in the end, it's just the news, absent news and imminent news that moves the sp.

you have to decide for yourself your appetite for it.

Bfd, that's for you to decide.

personally, i don't invest on gambling if a licences are going to be issued, wholesale, a minute before the deadline.

all i know is, right now, there isn't a licence and they haven't offered extensions. if/when they do, i'll rethink everything. but, right now, as i'm not hobbled by having a huge investment in the red, i'm content to keep watching and waiting to see which way it goes.

but to say you think that lithuania are burning the midnight oil to get things over the line when even GST BoD are coveingr themselves by last minute buying to prevent cessation of business, says more about your optimism than my cyncism.

but i hope it works out.

Folk still talk about reclaiming pre-war prices when we all know that just pish.

but ride the meme, baby! ride the meme!

Massive, do you EVER post anything that isn't just comments on posters? EVER?

even as a critic of the company, i'm happy to find research for other posters to read. your tiresome and impotent personal jibes just show how incompetent you are as a. an investor and, b. as a contributor.

funny to read, though.

1. The RNS Update: Finferno is officially the "Plan B"

GST released an official announcement yesterday (Dec 29) confirming the acquisition of Finferno. This timing—just 48 hours before the Lithuanian "hard stop"—is a clear defensive move.

The Strategy: GST explicitly stated they will use Finferno to launch digital asset and wealth management "pilots" in Poland.

The Reading Between the Lines: By securing a Polish-registered VASP now, GST has ensured they have a legal entity to process crypto transactions on January 1st, even if their main Lithuanian office is forced to suspend operations tomorrow night.

2. The Bank of Lithuania Registry Status

I have checked the latest authorizations. As of this morning:

GS Fintech UAB is NOT yet on the list of fully authorized MiCA (CASP) license holders.

The Competition: Only a few major players, such as Robinhood Europe and CoinGate, have successfully crossed the finish line in time.

The Deadline: The Bank of Lithuania has not announced any last-minute extensions. Their stance remains: No license by Dec 31 = Stop trading on Jan 1.

3. The Metapay "Snag"

GST's interim results confirm that the Metapay deal is still pending regulatory "Change of Control" approval and is now pushed to Q1 2026.

Result: For the next few months, GST will have the "Crypto" engine (Finferno) but will likely have to use third-party partners for "Fiat" (Euro/Zloty) banking until Metapay is fully in-house.

Summary of GST's Standing for Tomorrow (Dec 31)

Goal Entity Status

Stay Legal in Crypto Finferno (Poland) SUCCESS. Acquisition announced just in time to use Polish "grandfathering" rules.

Get EU Passport GS Fintech (Lithuania) PENDING. Extremely high risk of a temporary "blackout" in Lithuania starting Thursday.

Own the Banking Rail Metapay (Poland) DELAYED. Expected completion moved to early next year.

Don't honestly think there'll be much selling, at least in quantity. i'll be the exit doors jammed atm and wonder if thee's appetite for the shares until everything's clearer?

Problem with 'more' news is, if they actually state the current situation... but it's true that it's left to pi's to research the deeper meaning of their news, always.

they never stated that the finferno was tied to Metapay to complete fiat and crypto transactions, with both needed. unfortunately, with both still to complete fully, they're not actually operating. if MICA doesn't happy in time then not sure what they actually do... an no company particularly wants to spell out uncomfortable news until the last minute. and daresay, while there's still time they'd rather keep schtum and hope they can pull it out of the fire.

they ARE craap at information and pr, though. one thing they definitely need to acquire is a pr department. but guess that's secondary atm...

Poland is very much a fall back position. it's a bigger territory than most individual countries but it doesn't match having that MICA licence. they'll be able to transfer some work to poland but the sp all depends on that MICA. and, while having submitted means they're still in the game, there's undoubtedly a bloody big hurdle to jump over if company gets to Jan2 with no further news.