The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Broken links on their website for X and instagram. Is this just a shell company now? My £19k 'investment' is now worth £400. Considered averaging down but looking at the website to me this is uninvestible at present.
The fact you say you are accumulating is exactly the same! 'Anyone else's opinion is worth nothing except giving a false sense of security' your opinion to accumulate is rather hypocritical, and a bit early imo.
Below is how ChatGPT interprets the RNS (PRN).
The provided text outlines several developments and updates from Quantum Blockchain Technologies (QBT), an AIM-listed investment company focused on R&D and investments in blockchain technology, particularly in Bitcoin mining. Here's a summary of the key points:
Method C Development:
Method C is a new development based on Machine Learning and predictive AI oracle technology.
It has shown consistent results in testing, demonstrating predictive ability in approximately 30% of cases related to SHA-256 calculations, potentially saving energy in Bitcoin mining.
Method C differs from previous Methods A and B as it needs to be implemented directly onto the ASIC chip during manufacturing.
Business Developments:
QBT has entered early-stage exploratory discussions with Bitcoin rig manufacturers and US Bitcoin mining companies, taking the first steps towards commercial and technical negotiations.
Discussions have been held under Non-Disclosure Agreements (NDA) with two large mining rig manufacturers in China and North America, as well as two of the largest US Bitcoin mining companies.
QBT Proprietary ASIC Chip:
QBT is developing a proprietary ASIC chip for Bitcoin mining.
The prototype will implement the optimized version of SHA-256 from the company's patent applications (ASIC UltraBoost and ASIC EnhanceBoost) and the new Method C.
The chips will serve as a real-world proving ground for QBT's disruptive Bitcoin mining technology rather than for industrial mining.
Update on Method A and Method B Porting:
Porting Method A and Method B onto commercial mining rigs has proven challenging.
The R&D team is testing different solutions for the final stage to deliver a fully reliable product, but an exact date for market roll-out cannot be provided at this stage.
Patent Applications:
The first patent application (ASIC UltraBoost) has been filed with the European Patent Office, and the second patent application (ASIC EnhancedBoost) is undergoing a standard exchange of questions and answers with the UK Patent Office.
A third patent application is being drafted for the proprietary quantum version of SHA-256.
CEO's Statement:
Francesco Gardin, CEO and Executive Chairman of QBT, emphasizes the positive lab results of Method C and the company's focus on turning Methods A, B, and C into commercial products.
The CEO mentions challenges in reverse engineering efforts involving undocumented third-party ASIC chips and the importance of live tests before moving to the commercial stage.
Overall, QBT is actively engaged in the development and testing of innovative technologies aimed at improving the efficiency and energy consumption of Bitcoin mining, with a focus on integrating AI and Machine Learning into the process.
MM made his money on the IPO. Plus gets a handsome income from commercial property that can be very tax and inheritance beneficial. Not sure if the hunger has gone but I'm sure once in the financial position he finds himself in it is easy to relax a bit. Clearly if an acceptable offer is made for the business he will get another windfall, but it won't change his life. That's already happened.
I would prefer a change of leadership with MM moved to chair, remove Lord Allen as I do not believe he represents value for money, and a City friendly CEO employed to help the SP get to fair value.
This is a dream tie-up imo. Jimmy's is a great product, Britvic did well acquiring. Britvic MCAP 'only' £2.12bn though.
Jimmy's could sell for the MCAP of Britvic in the future. Coca Cola is $257bn!
I think the problem is that our CEO has no interest in coal. Her pet project is green energy.
A commercially minded CEO would provide a clear pathway to monetisation or divestment of the non core projects.
Tygra, I usually enjoy your monologues. However this time you are inaccurate in your assumptions that Russia will only deal in Roubles. Indeed Russias most used currency for international transactions is the Yen.
Don’t let the facts get in the way of a good rant though.
Wolfe, got the measure of you the day you joined this BB. You played nice for a short while, then became the troll you no longer hide. Suspension is a very real possibility if EUA do not comply with listing requirements, you may believe they are in the clear for compliance, others do not.
There are clear links to Essar if you bother to look. There have been no proven links to Apple, Tesla or NN or any other company you care to mention. Try and bury this connection if you like but it is real unlike your shareholding.
The people overlap is the link. 100 companies cannot be connected to EUA this way. Essar operates in the fields that PGM's are required for. Simple.
Not concerned if people believe the possibility or not. I see it as the only current credible avenue of a potential asset sale.
I still think EUA should now be suspended as they are not in a FSP or mining anything, or selling their mined sand. If they are not operational they should not be able to be traded imo.
You have zero clue Offler. It's easier to green bin the ignorant than to wade through their drivel on the daily.
Good luck to genuine investors who may take some time to quietly research Essar, although most no longer frequent this BB and it's now been left to the trolls make fwends with each other.
Lunatics all round.