Member Info for Lloyd88

I personally think the other way, is more likely but that doesn’t mean this stock is over. I think January is going to be explosive and I know I keep banging on about it but this uk sandbox stablecoin will absolutely change the face of GST, the publicity it will get will be on another level.

Yes hopefully mica is out the way next week, what ever the outcome. Then all the rest of the good news lined up. I predict an incredible January especially after the 18th. When applicants for the stablecoin sandbox will be announced and we get global media coverage, should be well well north of here.

We all need to put MICA to one side, this catalyst will be a distant memory after UK stablecoin sandbox. There will be a plan if we don’t get MICA, there are many other SP boosting news RNS coming straight after.

Mica for me at this point can do what it wants. Semnet will be settled very soon, re application to Nasdaq not sure about but the money will help for further investment. There will be a plan for bake I’m sure but all eyes on UK FCA stablecoin sandbox at this point for me.

Imho now while MICA would be great now we have an ever nearing huge catalyst. 2026 marks the biggest year for stablecoins in the uk and it is one of the FCAs biggest focus. End of January I predict a successful application to the Stablecoin sandbox, this imho will see a HUGE boost in the sp, well beyond 1p if not maybe 2 as we test and partner with multiple companies, this alone news wise will reach far and wide. I have money set aside if MICA isn’t successful or if the is bad news around this as the stablecoin part of the business if going to drive this sp next year.

Https://gsmoneyweb.caliber.com.sg/

This website isn’t working for me now, does it work for anyone else?

Perhaps but saying to bakes post see you next year. Suggests there is still a bake next year. So will be interesting to find out in what capacity bake will still be operating. So far no one is ‘open to work’ on bake.

I actually think that unless now there is an announcement Monday Ferhat could be giving out inside information by saying that? Or am I looking at this all wrong?

Ferhat has put a comment on the bake X post saying ‘see you next year’ so I’m assuming there has to be a plan for Bake to operate next year if he is openly saying that. I can’t reply to him or bake as they have both blocked me

If I’m honest, I’m sort of glad there is no RNS today, if there was ever a day to get out a rejection of mica RNS today would be it.

I’d like to think BOL would give them prior notice as well being a listed company

Sorry bfd if you go on the investor relations page and click on the RNS there for the AGM, in that RNS is a downloadable proxy form, right at the bottom of that PDF on the last page are bullet points and one of them refers to the shares in issue and the treasury shares held at the time of the agm which was 58million. I think AERRY was the one who first found it a month ago.

Just invest bake wouldn’t need to completely shut down but it would have to stop any services that couldn’t be supplied through a MICA licensed company like Nuvei which they are already partnered with. But it would affect revenue for sure. The GS20 site has been down for months and I’m not even sure if that have generated that much revenue in H1 results, but yes not having a MICA license WITHOUT a back plan like a partnership would be catastrophic for the digital assets side of the business. We don’t know what the back plan is at the moment if there is one.

Bfd it’s in the proxy on GSTechnologies main website.

To be cheobol that bit is a clerical error as the 160million shares was the overall placing number from the bitcoin raise. But the 58million treasury shares is not a simple mistake imho. They couldn’t copy and paste that from the previous AGM as that was the full 60million.

Maybe Tim will be able to clarify

Sandgrounded maybe possible. What I can’t believe is the ex owners held on these shares for all this time when the sp achieve over 3.3 in the weeks/months after they were issued. Totally amazed they still had them.

The interim report does say treasury shares between 1st April and end of September is the million odd number so after this date possible yes? The proxy could have been a complete mistake but then again they haven’t come out to correct it and it’s an offical document.

This was from the proxy in 2024 agm

Someone must have manually changed it so I think semnet shares being returned was decided a while ago and probably done a while ago.

As at the close of business on 27 August 2024 the Company’s issued share capital comprised

2,034,269,896 shares of no-par value. The Company holds 60,000,000 Ordinary Shares in

treasury, therefore, the total number of voting rights in the Company as at the time and date given

above is 1,974,269,896, with each carrying the right to one vote at a general meeting of the

Company.

Has anyone noticed this by the way.

From the interims

A mediation hearing was held in early December 2025 and a formal settlement agreement between the Sellers and the Company is expected to be entered into in late December 2025 or early January 2026. It is currently expected by the GST Board that this will see the return to the Company US$800,000 of cash consideration, the 58,844,713 consideration shares issued to the Sellers and a payment in Singapore Dollars equating to approximately US$300,000 to cover the Company's operational costs. Further updates will be announced as appropriate.

And then this is from the agm proxy

As at the close of business on XX October 2025 the Company’s issued share capital comprised

2,164,693,555 Shares of no-par value. The Company holds 58,844,713 Ordinary Shares in

treasury, therefore, the total number of voting rights in the Company as at the time and date given

above is 2,105,848,842, with each carrying the right to one vote at a general meeting of the

Company.

Notice the treasury shares, anyone think they were ever handed over?

I wonder if in the contract of sale whether the was a grace period providing nothing happened to the business of semnet

Ferhat told me not to private message again as he doesn’t do private messages via telegram. Have you been messaging him that way?