Member Info for mikey9997

TBH I'd much rather release first then start the PR as we build numbers and iron out any bugs or fixes, rather than loads of PR then a delay and lots of disappointment and bad word of mouth from release. Surely it's best to have the product available before the demand comes in it droves. We have until September-ish to impact our re-entry. Railsbank will be doing their bit to promote our product too I hope! All the awards they seem to be winning will give some traction! ;)

I agree woody. I do hope we get an RNS tomorrow confirming release or on Monday morning confirming the release over the weekend. But not end of the world if its a but late. It does matter however if we don't get anything in the next few weeks as we get closer to relisting, ideally we want to gain as many users as possible so that CP can demonstrate a higher valued company. Good finland results certainly won't go a miss too! All the best everyone. Enjoy your summer and hopefully some good news coming very soon :)

Liking those big trades. Bargains the lot of them. Conversions or not.

Mercury thats the point they are barely monetising their DB. But they will be with the remittance app. You're very concerned and yet you are out? Why are you concerned if you have no shares? lol Yeah I understand you want to get a lower average but this BB is for the discussion of the share. They are doing exactly what any business should be doing, aquiring now at a low price rather than launch, let Mpay take half our revenue from our users and then buy them at a much higher price later down the line. Prices could drop further in which case I and many others will buy more. 6 month to a year time from now we will be looking at a much higher cap company IMO.

This really is an amazing time to invest, price might drop but just use it to mop up and lower your averages because this won't be staying around here for very long. 6 months from now we could have payments licence, app release and 22m+ userdatabase (given the demographic of the company, presumably mostly younger people that are aspirational and unbanked). Very small usaged of the embedded app needed to demonstrate true value and the big dogs will start lining up. Just because we can't see it at the moment doesn't mean it isn't coming. I find the short term views quite funny at times but do agree that it's unfair to LTHs whom take the brunt of the funding where traders and newer investors can take advantage of these extremely low SPs. Either way "fill your boots" where good oppertunities come and believe in the strong fundamentals here, doubt in the market is where you take an oppertunity. Unconventionally we have built a very large user DB before truely monetising, which to be honest I find refreshing. Quite simply, the market appears not to understand the value of having half a population of young people joined to a social media and banking app at the moment, soon enough, it will.

I think we might get some exciting news this week. Enjoying the summer and the World Cup, bring on GB v2 release and relisting :)

Ask yourself one question, once revenue starts coming in from the payment remittance app. We have 22million plus users, half the population are young people and very little of the country is banked. Even if we averaged £1 revenue a year on 10% of our DB thats £2.2 million revenue. None of which will now need to be shared with partners. It's all ours. In a years time from now, will you be looking at a 6million mcap company? I think not. Whatever price you are in at now hold on tight.

The fact we won't be sharing future revenues with MyPay is huge. Very good strategic move in my opinion, looking forwards to see this all up and running and very happy to wait a few months. This is investing the company requires cash to set things in place until we become a highly profitable company, we have got the users, so this is just a case of implementing the technology in the next few months.

There is no value to this company and yet you want to buy in Sub 1p? Seriously what are you on about pal?

We don't have to share future revenues of a product that is being released in only September, we have huge number of users, only patience is required here. Great news for the company, great for LTHs.

It is interesting that they have taken it down so quickly, the words cat and bag do come to mind. Hold and wait :)

The one thing that honestly trumps any point any skeptic has to say about share is that we have 22 million users. If we can monetise the company to turnover £1 per user per YEAR this is just a no brainer. The product allowing us to do that is nearly here. Funding is complete (only a matter of time before Atlas sells run out, if not already). Too good an opportunity to miss from this point, I am also invested here as I genuinely like the idea that I am supporting a country that has jumped from the dark ages the the 21st century in a very short period of time. Next few months will be very exciting, happy to be here and in at this point.

Seems strange. Maybe we are due an RNS and re-rate entry tommorow, who knows!

I can't buy a bean atm....Can sell though...which is not happening...

I have to agree with Rus here. I think Atlas were still holding a chunk of shares, they are almost certainly gone by end of this week if those large sells are theirs. If I was CEO and had just completed fundraising in a matter of a couple of months. I'd be RNSing that all over the show, that's the next RNS I expecting, hopefully along side some other updates :)

I'd suggest everyone DYOR. But don't spend too long ;)

Very exciting times now. Funding completed. 22million+ users and large revenues to be made on even a small percentage of users which chose to use the inward remittance functionality with MYSQ over conventional means (Western Union etc). Not to mention some sort of Tencent deal lurking in the background IMO. We have spent until now building user DB through less profitable gaming apps, this aspect is now absolutely transformational to the company if even 10% of our users start using the digital wallet. Given that the vast majority of Myanmar is unbanked I think the aspirations for Western Tech of the people will mean uptake is significantly larger. Sentiment and Technicals aside, the potential here is huge. Good times ahead!

We all know where this is heading. I ain't selling a bean.

Ok. I'm not selling my shares once relisted on basis that Railsbank made a spelling mistake on a tweet nor that Trac didn't settle GBV1 funds on the 11 June, from my memory they stated. It's just not happening. Wait until the end of the quarter, we can't do anything but support the company and spread the word on the product on release.

Thats probably because people can't see where the revenue is coming from, come September i think people will start cottoning on to the tiny percentage uptake we need on inward remittances for this to be crazy revenue generative.