The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
This is neither new or interesting as it was stated in the last RNS.
The price is less than 1p for good reason..have taken out 80% of my initial investment 3m ago at a loss and have almost regained with other stocks. The remaining 20% remains invested as a pure gamble…much like my weekly lottery ticket…anyone claiming this is a good play is deluded…it is a gamble which is fine as part of a well balanced portfolio
Agreed Browner84. Hard to criticise such informed free content!
The RNS is a joke. They are obliged to declare the new court date which is later than planned hence the padding upfront to try and soften the blow. What is the point of undermining the rebranding to QBT and alienating investors. I sold my 5mill shares this morning at a loss as I have had enough of this joke of a company. Tantamount to fraud what is going on here with all number of false promises from the CEO.
https://youtu.be/W8mpzwCf8SE. A great watch and draw your own conclusions as to why you are invested here.
FTH - careful now - anymore posts like that spouting such nonsense and you are likely to be filtered. To suggest that our comments on the board will have any significant long term material impact to our share price is laughable and shows a complete naivety. Keep talking us up by all means but I'm afraid it will take more than that get this share price moving north. Enough said...
Figtreeharry - thanks. Not sure what you mean about my loss..as I have said many times I am heavily invested here for the long term. That does not mean to say I cannot express negative sentiment. On the contrary it is best to continually reflect on why we are all invested and challenge our company to deliver on our behalf. GL to you too!
I standby my comment from yesterday and the market seems to agree - a very underwhelming RNS and until we have material news and a revenue generating stream I see a continual downward drift.
R&D endeavours (no matter how potentially rewarding in the future) burn cash now and that is the issue here.
There are some on here that are blinded by their confirmation bias and not mature enough to reflect on the facts.
The positive is that at least we have some news but I am a little underwhelmed with the content. I have a problem with the integrity of FG when he promised we would be mining in a matter of weeks ( months ago). IMO that is what pushed the share price higher along with the promise of a cash influx from the court case. We may yet get some cash, albeit later than planned, but some mining rigs would also be a good play at this stage of a bull market. Perhaps he will stick to his word ....I am still keeping the faith for now
All good - this will just flush out the weak hands and those looking for a quick buck. LTH's can relax with a beer as a loss is only a loss when you sell. If you have over-leveraged on a penny stock like this and need to sell then could be a tough start to the day
Buy the rumour sell the news comes to mind..let’s hope the RNS tmw is positive as the tick up today is minor...although the day is young
Or perhaps it is because we have at the moment spectacularly fail to inform the market of any meaningful news or good reason to own this share...on a more positive note it has stopped raining and it’s Friday evening
I think this is possibly the worst example of shareholder communication I have seen in my 20+ years of investment BUT something is making me hold...i have averaged 2.5p for 5mill shares so sitting on a paper loss at the moment but things can change very quickly. The probability of this coming good IMO is diminishing on a daily basis but tbf we probably should wait for the first RNS which will be a good barometer of where we are going. If that fails to excite then there are plenty of other good opportunities around which are safer bets albeit not so rewarding. For those of you like me still in ..best of luck..we may need it!
Spot on. We just have to hope that there are more people like us out there who have money to burn on highly speculative blah blah blah. I still haven’t had a response from FG to my last mail and my fear is that this just turns into an academic R&D escapade for him which let’s face it burns cash and doesn’t generate revenue. It’s a little like supporting my football team who now play in league one, each week we wait for a great performance and each week it’s same old same old. The only difference being I will always support my football team but not FG if he doesn’t soon respect us shareholders and deliver some concrete news.
iphoneitrade and Grogers : Could not agree more with your posts and to say I am spectacularly disappointed is that interview and lack of RNS is putting is mildly. However, I am here for a asymmetric trade and I guess I have to take it for what it is, a speculative punt and for those of us who don't believe then we have the option to vote with our feet. I will hang around for the pending courtcase date but if that slips as well I am investing elsewhere. Good luck to all
I sent this email on the 20th March and have yet to receive a response. My last email to Mr Gardin received a response within 24hrs so I suspect we are indeed about to adopt a new name. Interestingly there seems to be another company in Canada with the same name incorporated in 2018. May have been perhaps better to drop the technologies part but splitting hairs.
Dear Mr Gardin,
Thank you for your prompt reply.
I have listened to the recent podcast on ********** which was very interesting and reaffirmed a number of the points raised in the last RNS.
I understand that you are limited in what you able to share for obvious reasons so I will be careful with my questions and will keep them limited. If I may, can I ask the following please.
1. Are there imminent plans to update your website to align with the recent change of strategy? There will be many new investors coming joining us soon and the website is a key communication tool.
2. Are there any future plans to change the name of the company for the same reason as above. We all know the importance of grabbing attention of potential investors and the name does not provide any immediate insight to our new strategy.
Many thanks and I will refrain from further questions as I understand you are a busy man!
Kind regards
Lol..hazards of using my phone and small screen. One of the symptoms of a a small keyboard and h and y being next to each other. Anyhow I won’t react and quote my various degrees as that would be petty. Instead I will say FairPlay and liked the great jog!
Anyhow seems that was the level of intellectual response...
Also Mr Beekeeper - it is good to see you back and I enjoy your cryptic posts. Far be it from me to direct your scope of content but I was surprised to see you felt the need to disclose your holding and quote figures. Personally I expected better from someone of your stature on the board but just my humble opinion. We should not need to lower ourselves to a pi..ing contest over who has the largest holding....all a bit crass and classless
I own a significant amount of shares in CLP but only since Dec 20 and only as part of a crypto play. I have listened again to the interview and whilst I want to believe all the content we as shareholders should also challenge.
I do not agree we need to be the ‘ winner’ in the race to mine Bitcoin....we just need to be a player to be successful. I am also a bit nervous that we spend too much effort in trying to be different in using AI to build a faster machine...I hope we maintain some balance and do not sink disproportionate effort and cost in chasing an elusive dream. Again we don’t need to do this to be successful. Our CEO may have over 30 hrs experience in computing but things change quickly and if the company grows quickly he will enough on his plate...perhaps some re-inforcements needed if things really take off.
I really want to believe but we have to concede that all shareholders have a optimism bias and there are lots of sound bites but we need action.
He said we would be producing in weeks so we must then have our new machines but with current lead times this means they must have been ordered months ago? Also some phrases concern me such as we can do this...and that...to convince the market we need to say what we ARE doing.
A bit of a ramble and hope I am proved hopefully wrong but a lovely RNS with concrete plans. If we are producing bitcoins in a matter of weeks it must surely be imminent
Very encouraging interview and further insight into the strategy and timing. At the risk of repeating myself, stay patient and potentially life changing rewards will be yours!