GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.
The CEO gave the impression his company were on the cusp of greatness with this new technology. IMO (and I've seen this so many times), he wanted the SP to rise before the placing. It's all very well talking up your company, but the reality is there're no deals that'll bring in revenue, certainly over the short term. The company couldn't get a loan of the bank because the costs are too high and they most probably wouldn't lend it. He could have raised money through over channels- thankfully he didn't. However, this is not a short term gain investment anymore. I will put this share on my watchlist. This is going to go below £0.01 over before Christmas imho. Hope I'm wrong for all the LTH's. Good Luck everyone.
Unfortunately, another CEO who talks a good game, but in reality it's bulls**t. Thankfully withdrew my original investment because have learnt when things look so good they usually aren't! Will be withdrawing my remaining holdings at 8am.
Exciting times ahead - see below!!!!!
The Company refers to a message it posted yesterday on its X (formerly known as Twitter) account which states that its proprietary Method A and Method B software are “available as a SaaS client-server cloud application by uploading an upgrade to the mining rigs' firmware.”
In addition, QBT has revised the Method A and Method B product descriptions on its website, by stating that they are now available as a SaaS platform (Software as a Service) and have added two animations visualising the data obtained by running Method A and Method B on its GPU testing platforms in time lapse.
The need to adapt both Methods to a client-server architecture emerged from discussions with potential BTC mining clients/partners and their request for QBT source code to be installed on their mining rigs to be inspected for security and other technical reasons. QBT, however, is not prepared to share the source code of its Methods with any third party. The Company has therefore made its Methods available in the form of a SaaS platform to enable the core of the Methods to be installed on a QBT protected server and accessed by potential BTC mining clients and partners to allow them to undertake evaluation of the Methods and this was the substance of yesterday’s X announcement.
Good afternoon, not wanting to gloat, but I'm only up 217.23% since 16th October lol. Seriously though, this stock does look very positive. The presentation on the QBT website of the CEO in September is very impressive. Feels like there's some fantastic news coming. Knew this would bounce back before close of play - way to early to cash out. Knowing when to get out is always difficult, but feel there's a long way to go because of their new groundbreaking technology. A deal would see this pop even faster and start multiplying in pennies if not pounds! Super bullish! This is just my opinion not financial advice.
Hi SOG,
I'm not saying Sar will be unsucessful, and I appreciate all the points you make below. What I am saying is on average for pharma, the overall success rate of clinical trials is approx 7.9%. In addtion the average success rate of a drug candidate, from the beginning of the clinical trial to receiving approval is about 10-20% and it hasn't changed for decades. This is factual information. For me this is a punt. For you and others, the science is what's going to make this a success. I want this to be a success also I really do!
Good question onerule. To be honest, I did get carried away with the hype. I also did my own due diligence . I don't want to sound rude, but £50k is a drop in the ocean for me personally. It's a punt for me. I enjoy investing- some I win sometimes big, but also sometimes I lose. I day trade smaller amounts, but when investing long term larger. Going back to Sareum, I could still make a lot of money. Unfortunately, some on here are extremely rude, abusive and obnoxious. I hate that! We all have a right to free speech without being made to feel like poo. Bullying in the playground behaviour is wrong on so many levels.
Carter, I'm going by the success rate of pharmaceuticals when in clinical trials. The overall success rate of clinical trials is only 7.9%. You're being naive if you think this is a full gone conclusion of billion dollar license or take over deals. It isn't IMO and as such reflected in the SP.
Gunner, you're right about Parker IMHO. He was a player back in the day. He's very well known in the industry, however, his day has passed. I mean what does he do all day and more importantly what is he doing for Sar?
Maj, I disagree with your opinion, but there are some nasty individuals on here. I had my account removed for reasons I won't go into now, but was able to get it back because of an idiot on here.
What I would say is all the LTH have been here for over a decade and you won't change their minds. They're certain Sar will succeed. I invested £50k in total in April and June 2021 and I've lost over half my investment (don't say it's a paper loss). My first ever post called this 5-10 year investment and from that moment I got slated lol. I stand by that post, however, I feel sar has a 10% chance for success and 90% failure. If they do succeed all holders will be very, very happy including me.
Hope you're right Reb.
My point about the lending though is correct. Borrowing costs are so high. It's become very, very difficult to borrow money from a mainstream bank for any small cap including Sar. Getting HNWI on board is also very hard in this climate. I feel the board took their time in reaching the Riverfort decision. Of course it's not the best option for raising cash, but the reality is, in this economic climate it had to done. The fact is, if the LTH's are correct and Sar get a license deal, T/O etc the SP will explode. If you feel Sar will fail by all means short the stock. Using abusive language is pointless though. Better to be witty than rude.
The bottomline line is, if you believe in Sareum and they manage to get a licence deal etc, it won't matter diddly squat how many shares Riverfort sell. You're either bearish or bullish about the company. Borrowing costs are very high - the board felt this was the best option in the interests of their shareholders. Puma wants you to sell your shares and buy in lower because it'll make him money on his short. However, massive risk IMO if you sell and a RNS drops with brilliant news. Who knows how this will turn out? I said 5-10 years in 2021. I'm hoping nearer the 5. The abuse between fellow holders is pathetic though. I agree with David.
The chaps using the term 'death spiral' are wanting to cause panic among shareholders so the SP falls. Then they'll come in at a low price and pump the stock. Or they may be shorting the stock themselves. You see this almost everday on AIM and LSE. There is absoultely no evidence Riverforth Global Opportunities are shorting Sareum. Actually you can research the Global Opp Fund online - there is only 0.5% of this fund invested in AIM that is short. If you type in short selling on LSE you'll find over fools stating the same thing 'Get out'. There's a company called 'Kodal Minerals'. They also took finance from Global Opportunities a couple of years ago, and all the same people under different aliases were saying the same thing sell, sell, sell. BTW Kodal Minerals is up over 100% YTD. I agree, it's not ideal finance, but the it's very diffcult to raise money in this current economic climate. The bottomline is if you believe in Sareum, and the science, nothing has changed. I personally feel Riverforth are invested because they feel Sareum is a promising company. Lastly, Death Spiral lending is usually a last resort for a company to raise funds. Unless the board have all turned into Mr Jekyll's, it's very unlikely they would choose this path, especially after all the work they've put in. The SP may fall, but good news can move this up so quickly. GLA
Very good summary El_ferrito. GLA
So what if they suspended the shares because of the RTO ? An announcement is coming and it could be huge! As I said, most here are on a free ride having made hundreds of percent profit already. Good Luck all genuine Investors!
Also, I expect most on here are on a free ride. Everyone smart took profit two days ago. No disrespect to anyone holding from Monday and hasn't sold. Obviously, I want the price to keep rising, but 275% up in two days.... If it does dump it won't be the end of the world. Having said all that, I just feel something special is happening here!
InvestorAss, you were spouting the same cr*p when the price was less than 1p. Ass, you've missed the boat - the price isn't going back down to those levels. You're too emotional. Lol
Mr Magorium, you don't know if they'll need to issue shares to raise capital? Of course it's a possibility, however, when you look who the Directors are and where they've worked before etc, this could turn into multi million pound investment. We just don't know. Personally, I feel this could/may turn out to be the best £4k I've ever invested. I'm on a free ride now. It's a pure punt, and it's going to be very volatile, but you never know.........!!
Yes in my opinion they can. However, I just don't feel folk who talk a stock up are the cause of others investing blindly- particularly in an AIM stock. Why do people feel it necessary do put down others who feel the stock will go up?
Omg lol, no insults you say! You're telling folk that they're wrong for talking the stock up - we all have an opinion you know. You also state the following "just doesn't sit well with me watching people who have just turned up ramp this for their own selfish benefit in the hope of suckering people out of money". Yep, you're arrogant! You've been found out Shaun. You're what will call in the industry a c..k womble! Goodnight genuine holders of this stock and please DO NOT listen to the negativity and the likes of Shaun. He is and they're not holders of this stock!
I totally disagree with your statement that people are being suckered in. Your post is extremely arrogant. You talk as if you're the all almighty. Very sad IMHO 🤣
Well said Sharebel. Take no notice of the negativity from others who either sold up early or have burnt fingers! This company and SP is only going one way and that's north!
Me personally took profit around an increase of 275% and have approximately 285,000 shares left. Free ride!
Shaun170284, get a grip!