Member Info for mrhanji

Yes Agree ScotT - just a waiting game. Lets see what the next update is hopefully a deal signed maybe next week we get the update.. almost 2 months since the last business update.. given FG comments they seemed to have already been testing on the aftermarket boards and were confident no issues - would have expected them to move abit further on in any more testing or commercial discussions..

FG : "Porting our methods onto these boards is not a major issue, we’ve already done this at the software level in our lab. Some boards will need to communicate with our servers, others will be more autonomous.

We aim to deliver this after summer, following the conclusion of commercial negotiations."

Nothing more to say apart from time to sign off lol haha

Have to think about everyone involved in a deal too such as lawyers on both sides .. factor in holidays etc all this will slow down the deal process in someway .. having said that I have a feeling we will get some form of.update this month even if it is to re confirm on track and anything further to update on the status of anything else..

Someone did say it should bounce from these levels.. seems to be doing just that.

R&d update this week or next week?

All I know is a signed deal will make the rest of summer sweet.

Just a waiting game now and laugh at some of the troll posts on here to pass time

This summer

Ok Hex lol its not a big issue as you say anyway.

Hmm its interesting them cleaning up the accounts so there are no more errors . and gives everyone a fair view of the company.. looks like they are getting the books in order .. exactly what you would expect before any large institution wants to take a stake in some way, or likewise any potential partners.. stuff like this just makes it clear to everyone.. investors , potential clients / business partners what the current situation is , there's no fraud or errors and no misleading anyone who wants to do business with them.

Yes but the difference is the claim of revenue of 2024 was based on very optimistic outlook

Then the porting issues happened with method B in particular and so there was no revenue in 2024 - FG provided us with updates.

Its different this time because the interview he says there is no porting issues! they have already installed these in aftermarket board in the lab!

So all thats happening at the moment is negotiations.. terms being agreed.. so its more likely there isnt going to be any more slippages this time around.

in conclusion.. usersteve has no clue what he's on about as usual. its getting boring now im signing off haha seems like this ****es them off .. yeh signing off lol

And the final accounts explain why they have been written off - those companies that Mr Alfredo was shifting funds to are now liquidated or bankrupt. As per below.

------------------------------------

Brainspark Associates Limited

This entity is a 100% owned UK incorporated subsidiary of Quantum Blockchain Technologies PLC and has been included in the consolidation.

Sipiem In Liquidazione Srl

Sipiem in Liquidazione Srl, previously Sipiem S.P.A., (“Sipiem”) was an entity incorporated in Italy of which 50.17% was owned by the Company. The entity had not been trading for a number of years but was maintained due to ongoing legal matters with its former directors. The company entered into liquidation in 2015 and this is the date from which control by the Group is deemed to have been lost and the financial information for Sipiem has since not been consolidated into the Group financial statements. The investment in Sipiem is accounted at fair value through profit or loss. Furthermore, in August 2022 the company was declared bankrupt by the Court of Rovigo, following a petition filed by Sipiem’s liquidator with the support of its main shareholder (Quantum Blockchain Technologies PLC). Sipiem’s bankruptcy does not impact the Company’s balance sheet, as the litigation is held via Clear Leisure 2017 Limited (“CL17”)

Mediapolis Investment S.A.

Mediapolis Investment S.A. is a 71.72% owned subsidiary incorporated in Luxembourg. The company itself is inactive and is not trading. Previous management failed to pay accountants and local directors for the previous six years and no financial statements have been filed for over seven years. Although this entity is inactive and 71.72% of the shares are held by the group, there is no active management in Luxembourg, and this has led to a difficulty in finalizing a liquidation.

The 50m is something FG inherited when he became director sometime after 2013? - so if you want to find out where that money went you will have to speak to Mr Alfredo Villa the director in 2013

Seems like he was raising money and investing it in Mediapolis project, you can group S.RL Bibop S.P.A

other investments included Ondaland ?

Qbt have a legal case open for these ? Ondaland i think we already discussed this but Mediapolis maybe in the pipeline..

Either way it was before Fg's time - it doesnt affect the bigger picture of where we are now.

Lol sent it to me usersteve thanks

@silversprings.. i think its anyone guess.

But considering the holidays which typically slows any deal making( I can already hear the cry of FG takes a whole month off..lol even though thats been addressed and they dont)

and FG post summer comments..

and there is also the interims in September..

So from now until first half of September they should have a deal done in time for interim results..

if we dont hear anything by the end of september.. then for me its a red flag that something has gone wrong..

Realistically they should have a deal done by early September for them to install methods and start generating revenue Oct-Dec..

I think I should have personally went to the AGM i can see why those who attended haven't disclosed everything discussed here.. because not everyone is invested are they lol

But From what I've read it looks like it was positive and everything on track as per timelines given by Fg within proactive interview.. and any official RNS's so far..

Some disturbing comments on the LSE board today.. USteve still chatting Sh*T and few others and ADVNF board continues to spiral out of control . All these Mofo trolls need to be banned.

Heres the real deal update :

Fresh AGM ammo for the first licence deal

• Shareholders just renewed ≈ 700 m shares of head‑room (runs to the 2028 AGM).

• That lets QBT slip a warrant / equity sweetener into a contract without calling another vote.

• Think blocks of warrants struck at 2 p–10 p, vesting over the next few years on top of the cash licence fee – classic partner alignment tool.

• The old 2022/23 authorities were running down and due to lapse in 2025, so todays AGM was the last procedural hurdle.

Translation: the board now has all the paper it needs to close Method A/B (or Method C) – the only thing missing is the RNS.

User steve i agree ARB achieved what they wanted to do - Mug off investors - I'm surprised no ones been arrested or prosecuted. They seem to be trying everything in the sun to survive.

I think QBT will outperform ARB - just patience needed

Phimx you dumbass theres no placing for another year - fully loaded as per accounts and raise in Jan 2025.

If there ever was a right time to drop a deal Rns has to be this week with the moves bitcoin is making

Looking at past couple of years.. Fg has always dropped some major news or developments before the Agm

Can't expect this year to be any different

Gla

Right some nice weather maybe get a tan, time to sign off

Don't want to sound like a broken record but there's really only 5 working days next week.. if they have a deal then surely we should hear about it before the agm on the 21st..

In any case I'm here for the long term.. so it would be nice but not the end of the world if nothing is finalised next week

Personally I have never been so comfortable invested in qbt.. risk & reward looking good

The best hedge is just load up as much as possible as the upside is exponential

Gla