Member Info for Lloyd88

Also link where the exchange is third partied out along with its management? We bought the exchange so please link where you have got this information.

Bfd their operating costs have gone down not up, so where is the 3-4 k a day? You’re saying it’s an operating cost but they have not increased so what you’re suggesting is wrong. I know plenty of people who own and have websites and they have told me 3-4K a day is rubbish. The setup of the website may have had an initial cost which could be in trade payables but the daily running of it wouldn’t be in there. So you are wrong, the facts are there unless you can show it otherwise

Aren’t *

Check operating costs 1mill from 2.9mill

That’s what you’re supposed to be looking at, you’re claiming the website is an operation expense ie payed daily or monthly. Trades and payables are operating costs you fool

2023

2022

US$'000

US$'000

(Unaudited)

(Unaudited)

Continuing Operations

Costs of goods sold

148

516

Employee Cost

402

1,650

Travel Expenses

22

6

Admin Expense

349

393

Lease Expenses

31

38

Distribution, Advertising and promotion

14

12

Office Expenses

39

46

Depreciation of property plant and equipment

9

81

Doubtful accounts

-

156

Interest on lease expenses

-

2

Occupancy costs

10

15

Finance costs

6

20

1,029

2,915

Bfd the website has been established for quite some time with the soft launch last year and so therefore Id they were anywhere near the 3-4 k a month they would stand out in their accounts. In fact they show to have managed cost control quite well. Also they have Angra fx which is a service currently storing customer data so I would imagine that these cost can be integrated into the same package. The accounts so far haven’t shown these costs, but I guess we will know for sure in full year results.

When the gs money platform is released trading stablecoins via the wise mpay and coalculous platform coal will rise dramatically imho

They probably need to pay fees to have access to certain liquidity pools but not those figures.

If they were trading 329million they would have to put out an RNS they just simply cannot hide those number not even for a day.

The 329million is the liquidity pool, it’s not the turnover. It’s the amount of BTC available to trade (both buy and sell).

As always buyers fully ready to step in. Fully shows strength at these levels

Https://www.ig.com/uk/shares/most-traded-stocks-uk

Still in the top 10 for ig

It’s around 6k a day but will be a cracking day with other coins, over 10k for the day at this rate

70 BTC and rising 772 ETH we do indeed win more on the dips. Loving the exchange, they just need to fully release and throw in more pairs and the figures will be mouth watering

There have been 3 bank holidays since June so I’m hoping for an announcement on innovation pathways out come next week

If they get authorisation for thier stablecoins and MLR status all bets are off but 45p is a big expectation

Yep it has now been over 6 months since the announcement. If they are taking bank holidays into account then hopefully see an update next week if not sooner!

Https://www2.deloitte.com/us/en/insights/industry/financial-services/financial-services-industry-outlooks/banking-industry-outlook.html

interesting article, GST right place right time on Stablecoins and B2B

I would expect on full launch that it would be trading with a lot more pairs and a lot more coins as well increasing revenue streams.

I hate to say it sunny side but if that was true they would be rushing to put in a trading update out. But they haven’t so I’m assuming this isn’t the case. They wouldn’t be able to hide those figures.