Member Info for LtdAxis

Good morning Steve. No I’m not in . at the moment .

Your unintentional grammatical slip made me chuckle
“ letting an opportunity slip has got to be this companies main priority.”
Maybe substitute ‘speciality’ for priority ;)

It remains on care and maintenance as machines ought to be updated.

I think they ought to be!!

Looking good!

It’s ironic that after is much trumpeted 180 degree turn and focus into quantum computing the company releases an RNS highlighting its list of previous crappy investments.
The last Forcrowd venture raised €400 out of €500,000

These quiet moments have, over the years I’ve been involved with this share, been the best time to buy . I’m not holding at the moment but keeping an eye and have some buy orders in at 1.3p and 1.2p. Can’t see it going much lower than that . I sympathise with some of the sentiment regarding the company here , but it’s pretty transparent and that’s what you buy into . It become irrelevant as soon as things start motoring .

It will in all likelihood drift lower until there is concrete news to take it higher. That could come at any time but I don't sense the market is expecting news anytime soon.

I notice Bitcoin is down between 20/25% in the last week . Shouldn’t affect QBT though as they don’t mine any .

All very fair points . However one can’t help thinking that the last RNS should have been a strategy the company adopted months /years ago if it were intending to be a serious player in this sector . The point where you change name/direction is the point when you have something tangible to offer . At the moment it’s just guff.
( I accept many of you will think that’s what my post is but that’s the way I see it)

Pure and simple

Shalf: it’s actually 70% of €7.8 , so €5.46 very best case scenario (less costs ) IF the judge rules the defendants acted unlawfully.

Nate: with respect I do not flip flop. I have remained fairly consistent over many years in my belief this has been serially’ramped’
I have traded it at times and added pre the court case on a pure punt . The expected settlement amount was middle of the road and close to my prediction of €5m. The continued delay is unfortunate , especially given the circumstances , but together with an utterly underwhelming RnS( in my opinion) , I have sold up and will leave you all to it until we start flirting with 1p .
All the best Ltd.

Eddie: Petethefeet/Spary would be proud of your contribution to this board!

There are no facts.

I've been quite accumulating for a few months now. Not got a massive holding but have just over 25m @ 0.75 average. Quite happy with that.

" UK based international cryptography expert whose specialism is cryptocurrency mining blockchain optimisations."
A person who is not a British national but happens to be resident in the UK and knows a bit about bitcoin and is going to help come up with with something, er...helpful.

The mind boggles!

I could say I am a manufacturer of electric engines for motorcars ( although I have never made one) and I have gone into partnership with someone to make a more efficient one, or somehow be involved in developing some component that make make electric motors more efficient.

Doh! Does one not think that perhaps there aren't many many hundreds of companies all working on all aspects of improving the efficiency and technologies involved in electric motors, or anything else for that matter.

So basically QBT wants to do the thing that we could have been doing, but for whatever reason aren't, just that bit better. Which is easy because if you haven't been doing that thing then anything could be said to be better.

Surely nobody can actually be taken in by all this?

No

The following was a statement from the auditors of Brainspark Associates Ltd’s, accounts , signed off 5 months ago ....
“We draw your attention to note 2.2 in the financial statements which states that the company is in a net liabilities position and that it’s parent company (CLP) has incurred substantial losses during the year and that the operational existence is still dependent on the ability of the parent company (CLP) to raise further funding either through an equity placing or through other external sources of finance. The impact of this together with other matters set out in the note indicate that a material uncertainty exists that may cast significant doubt on the group’s abilities to continue as a going concern.”

And what has happened since?

In the words of RKB:
“ All genuine holders should report his post and he should be given a permanent ban. RKB”

This sentence is most relevant
“ at an amount of up to €7.8 million, subject to the Judge ruling that the conduct of Sipiem’s former board and internal audit committee was unlawful.”

Not an open and shut result as some are portraying, and it’s 70% of ‘up to’ €7.8m ‘if’ ruled unlawful