Member Info for mikey9997

The deadline has not passed. 4 days yet. Everyone knows news is imminent.

They should have reacted to the market. Delay the Mobile money, stick with games and cut costs. We could have just stuck with our current Mobile money arrangement and see what the uptake was before going wading in! Gaming revenues 74%up but noooo they reached too far after investors had already taken a battering. Don't communicate with your SH's and your company will go bust. Hopefully its not too late to realise that for them. If Tencent tried to buy us out for 1p a share I would take that right now.

We should have bitten Tencents hand off last offer. Now they can go in low ball. I'll take it lol.

If you are so worried about the availabilty of your shares then you most likely have an intention to sell short term rather then see the company flourish . I personally don't have that intention is all I am saying. Much rather see this one out given the huge potential here. Each to their own.

The reason we didn't re-list is that something large has come to the table and so rather than relisting and tanking the SP (no-one wants that!) they decided to grab oppertunity with both hands and ramm it into submission, we don't know what yet but it is most likely the correct decision. If you are an actual investor here you wouldn't be whining so much. SUCKs about ISAs but I'd rather be making any money than losing it!

The money is set aside as a requirement for the banking licence. It can't be dipped into as it is the only thing allowing future mobile money revenues! Althought business as usual for the moment- hasn't stopped OK dollar. Not sure how much more value can be stripped from this company now. Buyout would be nice, atleast Atlas would probably the majority shareholder if they convert everything so they can give the go ahead on the takeover at the EGM!

Like I said the company now holds almost as much cash as the MCAP of the company... If they just dropped Mobile Money right now and just took other revenues we would be extremely undervalued. People don't like unknowns do they!

We are gonna hold more in cash than the company is valued at at this rate.....

Atleast they didn't issue more bonds to Atlas. Confident on the licence approval is a plus. Can only hold buy and wait now. We're all in B***s deep.

I think we'll just have to see. We'll be getting updates this week or next and I have no doubt CP will have some exciting news for us making this all worth our wait. CP has clearly stated the intention to come back to market so I'm not sure why there is such a focus on this matter. Contact your ISA or SIPP provider and find out what will happen to your shares in the short delisting period. My guess is that we will be partnering with a big player with a large user db and intergrating onto their platform to allow an alterntive to their existing FIAT currency options. Most here will have been waiting over a year for this product release and I have no doubt CP did not want to give the mms a chance to slam the price down on rushed Re-listing. Warrant holders exercising before their expiry date is encouraging, someone in the know is confident! CP (who is also heavily invested) won't be able to live this one down if he doesn't bring LION back to market and he knows it. News on all fronts soon lets hope its very good :)

Just bought a product we have yet to see revenues from. Just partnered with one of the largest companies in the world. Juat got rid of a CEO not experienced enough to take us to the next level. There isn't much bad news for the company. Only the Share price becuase we have had to buy the ability to GET TO the next level. Hold tight.

It's hard to say the share is dead because the company seems to be thriving, we could have just not bought MyPay and but the whole point is that the company is growing and we are getting more and more reveunue streams. Ofcourse 74% revenue doesn't equate to 74% profit but once the infrastructure for all these products is set up, the costs remain similar whilst the revenues grow. =More profit. I'm happy to wait for the revenues to flow from our mobile money and advertising products. Even if we have 5-7 million unique users we just need to monetise each one them be even 50c-$1 per year to see this explode. Patience and average down when you can. The fundamentals of the company do not reflect the SP here. MyPay are gone and have their cash (unfortunately at the expense of the SP) but we are left with products that has exciting potential, Tencent know that too.

Agreed. Great prices to buy in right now if you DYOR. Don't listen to the trolls. We are moving onto the next stage of bussiness model now with our users. Making Mega bucks with them. Tencent know it and want to monopolise the market. Mysq know it. The western markets haven't cottoned on yet because we don't have the same scale of purchases through mobile money / WeChat as in China. Hold tight here no matter what undesireable average you have now. 6mill MCAP is ridiculous given what we have here. I'm fully expecting a rocket north in the coming months and years.

Revenues are falling? REVENUES ARE UP UP 70% Without Mobile Money!!

Search for it instead there is a proactive interview directly and not the one MYSQ released.

Fall much more and our mcap will be our annual revenue. We could have just not bought MyPay and cut some costs and we could even be profitable by now. But this game is all about making serious cash and we have been building to this point for a long time now. There are always delays in the software/tech industry but its make or break now. 10-15 pence profit per user per year would be nice for starters.

Looks like CP is now officially a director of Railsbank Technology limited - look at 17 October 2018 appointment on companies house. https://beta.companieshouse.gov.uk/company/10076912/filing-history/MzIxNzE5MzYxM2FkaXF6a2N4/document?format=pdf&download=0

I think he effectively said the coming updates in the next few weeks will partly reveal the reasons decisions that have been made not to rush into re-listing. Clearly a difficult decision to make but IMO (and the board's by the sounds of it) the best one for the shareholders. I'm happy to wait for a better result, but certainly will be wanting "some more meat on the bone". in the next few weeks/months. The company expansion and release of our product will most likely go ahead whilst we are not listed, we just have to accept that now. Lets just hope people will be begging us for our shares when we come back to market once whatever is coming comes to light.

Looking forward to the increased commercial oppertunities that seems to have been put on the table for us. Particularly like "multiple jusrisdictions" mentioned in the RNS. Happy to hold and wait here. Honestly nothing that CP has said has made me unsure, he's done what I would have done. He's right there's no gaurentees but its clear that the intention is for the company to come back to market, he is invested, warrants are being excersised and the company is expanding. I'm pretty excited about being locked in here tbh. Hopefully full release by Christmas and then insecurity around brexit could be a great time to market the Gold backed currency on our new "probably named something else" platform. I'm confident that we are onto something special here despite not knowing the full details yet. Next few weeks of updates will be interesting for sure :)

I'm in no rush. Happy for this to pan out and have a better re-entry. Good descision by the board. Exciting to get updates like these knowing others are locked out :)