Member Info for LordSnooty

Why not just compare handbags, girls?

It could be some form of quid pro quo - for example, additional shares, better rights attached to those shares or a better price, in exchange for an extension to the agreement.

True - and that's why I remain optimistic.

We know Factom has not needed to rush Series B. They are more in a position of strength than weakness, I'd say.
In any event, my view of today's news remains that it is neither positive nor negative. I remain positive overall about our largest investment, however.

Unless you are privy to unannounced news, Doggo, I don't think that's necessarily so; while we are all optimistic that this will mean an increased holding in Factom for FFWD, according to the terms of the original agreement, note that the RNS says, "....amendments to the permanent terms of the SAFE Agreement". To me, that could be either good or not such good news. Let's hope it's good.

So news within six days....

Buy it, ODONNELLS! You know it makes sense.

That's one possibility out of many, but in any case, according to the original agreement, if there is an extension, it will be "to finalize and close definitive transaction documents", which I take to mean good news.

That's me in the topper, Chils.

against the Irish at Lords today. Excelling even themselves.

Where's our news?

the thought police zapped you, Rich.

is the old cliche, so I suppose, given the right circumstances and inducements, Paul Snow and his stakeholders might sell Factom Inc. But it seems to me that another year or two, with more major clients in the bag and Series B having assured the financial side, might be the optimal time.

I don't see anything wrong with the volume today, given this is the first day of a potential turnaround - if indeed that is what it proves to be. To me, the key will be to sustain the recovery with increasing volume in the days ahead. How far that goes will to a large extent depend on how much conviction there is that the licence is finally going to come through.

This may yet fall back again, it has many times in the last couple of years, to my cost, several times over. But right now I'm thinking we are nearing the endgame, and for that reason it's a keeper in my book.

Yup, a swift 500% would do for starters.

250k available at 0.7p on IG.

Dream Incubator? That would make sense, except that why would RP have thought DI would go for the deal in the first place, for a measly US$15m, when, if you are right, they brought an IPO specialist on board a year ago?
Perhaps the reason given for the collapse of the deal was just a face-saving exercise, who knows?
They seem to have moved a considerable way away from this position three years ago: https://www.dreamincubator.co.jp/e_ir_news/29176.html

Are you saying it was FFWD's refusal to sell their 15% of Yooya that scuppered the deal, Doggie? That's a new one on me, care to cite sources?

That's not the reason given in RP's notice though Rich; all they say is that they've found a better fit for their plans. Of course, whether that's the real reason or not is open to question, but what would be the purpose of hiding the fact if it were true that FFWD's involvement might be illegal?