Member Info for Muck165

Following hot on the heels of the Koneqt.com site overhaul, the Yentra.ai site has now had its complete overhaul.

https://yentra.ai/

There seems to be so much more going on than were being told.

We got an RNS, for example, confirming the TTRO tie up.

But the new Yentra site also confirms the Edlatam tie up - so why haven’t we been told formally?

It really is as if DH is holding news back.

Can’t argue with that Pompal. A year of discussions, tests, pilots and market infrastructure integrations and partnerships.

The market now needs to see the results of what we are told is market leading, in demand, scaleable, and cost efficient tech.

Extended auction going on and buyers competing for stock

This is all about “who you know”, which is crucial for greasing the wheels especially in overseas jurisdictions.

The very fact someone of his standing got into bed with us is telling in itself…

Bitdeer must be loving this.

Forgot this little snippet

https://www.linkedin.com/jobs/view/business-development-director-at-pubx-4405555632/

So, having just hired a President -North America, Pubx are now hiring for a US Business Development Director to support her.

Anyone who follows Pubx cannot have failed to note the very significant increase in their hiring over the last 6 months but particularly from Feb, to include engineers, stack developers, product manager, and business development and sales guys. Equally this latest listing confirms they have 35 people but a profitable - you do the math on what revenue they must be generating to cover even that cost. And on top of that CH records show they continue to attract funding and are bringing serious industry counterparts onto their share register.

The point is, they are a serious and growing company that are going all in on their new AgenticOS marketplace. We are a confirmed partner, and for lots of reasons I won’t regurgitate, I think an integral one. The difficulty really is that DH just hasn’t confirmed it with any detail yet.

That’s part of the news I think he’s building for release.

And remember Pubx are just one partner. We’re already integrated into IRIS.TV for inventory and partnered with two of the largest SSP”s for scale, including Pubmatic that are truly leading the AgenticOS charge.

Honestly, DH needs to be shot if he can’t make serious money here given all the positioning

I think that's most likely the case Mac.

Just some little observations from today;

1. We bounced off the 200 DMA support....again.

2. Natie has continued his almost daily posts but is now regularly tagging two more people - one is a partner at Baker Tilley and the other is Head of Visa Direct UK and Ireland. May be nothing, but in the past I've highlighted that he was tagging the CDEO of Edlatam and postulated they might be working together, and that proved true. So it may well be that Yentra is working with Visa ( the new Koneqt site does talk about a tier one bank - not quite the same I admit, but...), and could be working with BT (which would be great) but even better using BT as an in for all its audit customers. All conjecture I know.

3) the closing auction was interesting. We have a bidder wanting about 170k at 0.57 and a seller offering 274k at 0.55. We crossed for the whole 274k at 0.57, which meant that whoever was buying was prepared to chase the stock. Tomorrows opening auction may prove interesting.

4 - We had another MM join the book today - Singer. Now a MM only ever joins the book if its worth their while, ie they expect to make money through increased trading activity. I admit, that could be selling or buying - the MM doesn't care. Some might worry its a precursor to a raise and I suppose that's possible. But I think it very unlikely, not least because Halley only said a couple of weeks ago that we are fine for cash, our burn is negligible (and if the interims are to be believed then we should currently be seeing a significant increase in revenue)k and because every other raise here has been Company led and not broker led.

I've already got too much stock here but against my better judgement I added a further 7m this afternoon. I'm confident in what we have here and am just as frustrated that DH seems intent on not updating us. But I truly do think he is building the pressure in the cooker, and wanting to time its release. If I'm wrong then I'll just have to suck it up!!

GLA

Dipped my toe in today. Seems to me this is the right sector, at the right time, at the right price, and with a share structure that could see price scoot on news. It does seem extraordinarily cheap to me given the near term potential.

Anyway, I’ll stay off the board until I’ve got something meaningful to add!

GLA

No expert, but it looks to me like the gap has filled on the charts.

Exactly Gubbie. I even asked whether or not Upfront 52N and Loop remained customers at the last IMC presentation and the answer was

"Yeah that's an easy, question. Paul, the answer is yes for all of those. Great."

And plenty of other evidence, over the last few years.

Podcast here between Natie and Dr Marianne Roux, who has 18,000 lLinkedin followers.

More directional than company specific but some titbits, not least the worrying fact that if a company uses a US based LLM, then the company behind it (Microsoft, Anthropic, OpenAI etc) has the legal right to access your company data" Ouch, and a big case for Sovereign AI!

https://streamyard.com/6s7kt93ru9u5

https://www.marianneroux.com/

This is a great example of AP language and how it can easily be mis-read.

Others will know better I think , but as far as I am aware stones need to be delivered to, and then inspected by, the tender house before they are then sorted into lots and given reserve values. They then need to be marketed prior to tender to allow buyer inspections etc. Then of course comes the tender itself. All of this takes time, and we don't know where in that process we are.

So, "Commencing the sales process" does have the ring of immediate sales, but I think the reality may be quite different. It is not the same, for example as confirming that stones are being auctioned this week.

This is great news I think. Finally all the testing and regulatory hurdles have been jumped and LVOne is now commercaalising in the NHS.

That's certainly a big customer, but not the whole story. There is now a much bigger global market to go after and UKCA should certainly help get into Europe and the US.

Some positives there - diamonds look like they might actually get sold, although when is a different question. “Commencing the sales process” isn’t quite the same thing as actually putting them to tender. So cautiously optimistic on that front but very wary of the language given AP history. TBH, struggling to think what more excuses AP now has to delay sales further.

Equally the Taj approval, and acceleration of the Gulf audit. On the one hand that acceleration suggests we’re moving into the final stages with full intent to complete. But on the other, surely Vast/Nomad would have known for months and months that a full audit of Gulfs 2025 accounts would be needed before an AD could be published (and likely before a raise could be completed), so why is this only being raised/accelerated now? It wasn’t in the last update, when they said they expected to issue the AD in April.

Whatever, it now looks like the real dead stop date is 15/6. Either the AD is published by then and a GM called or everything likely falls over.

I think the point is that news over the last 18 months has been thin as the company pivoted to become an AI Holdco and build out its first two propositions, CIQ and Yentra. Sure, there’s been plenty of constant positive fluff but nothing concrete or truly commercial….yet.

But my sense is that’s about to change. It’s a fact that more has been going on than has been formally disclosed to date - we know that from tweets, third party podcasts, and third party site updates. And the CEO, well aware of the clamour for an update, has said plainly that he wants to build to a scale of news and that we’re reaching that point.

So to answer your question directly - no, news has not been directly signposted but I think it is imminent, and I don’t think it will be just one piece of news but a steady stream to flesh out and give colour to the numerous titbits we can glean from other sources. And I’m in heavily because I believe in a CEO who has successfully taken hold of costs, who hasn’t been paid for 3 years, and because CIQ and Yentra are both targeting hugely trending and massive markets from which Gfinity needs a truly miniscule slice to make mockery of its current MCAP.

Personally Im targeting 0.12-0.15 in very short order but in truth I can easily see this at 0.3 and potentially much higher. But that’s just me!

We’ll get an RNS Tuesday I think.

Could be the AD, but I doubt it.

More interested to see what naff excuses AP can muster up from the playbook this time.

So did I, and in truth think we did. A mistake on Naties part?

If Yentra is doing work for Athlos, then I hope Athlos is paying just like any other customer!

Just to hammer this home....

The Koneqt site says Evolve is "Architected as the platform the rest of the Koneqt portfolio standardises on."

From what is disclosed, that includes us, Athlos, Tier 1 banks, the worlds first regulated carbon credit exchange, fleet operations and TTRO. But that's just what's disclosed - others are under NDA (although Edlatam is confirmed).

Then there's the disclosed regional work across the UK, IoM, EU, Canada, LATAM, US, and the Middle East, to include work in banking, finance, regulation, public sector, government, academia, fintech, media AI, healthcare, energy, industrial recycling.

And all we have been told about formally is TTRO and ESG.

Just imagine if DH put out an RNS confirming what Koneqt is saying on its site.

Anyone reading through the updated site will see that much more has been going on its Evolve than we’ve been told. Amongst other things, for example, it confirms that the Edlatam Alliance are indeed an Evolve distribution partner.

So why hasn’t DH told us? The interims were the perfect opportunity.

And what else is he keeping back, with CIQ for example?

Again conjecture, but my bet is that DH is building newsflow for release in a coordinated way to match wider price objectives, like the 0.9 warrants that expire at the beginning of August. In fact He said as much in the interview at around 25.05-25.47, when he said you have to build to a scale of news and that that point is now arriving.

https://www.youtube.com/watch?v=1PWi4_WL1YM

So he clearly isn’t telling us everything, certainly on Yentra and likely on CIQ. But he will, and soon I think.

We own 51% of Yentra

Koneqt (Natie Co) owns 24.5%

Founder of Techohara owns 24.5%

Koneqt has very recently (last few days) updated its site. It makes an interesting read re Evolve, Yentra, Gfinity, and the deployments Evolve already claims to have made.

Well worth a proper look through

https://koneqt.com/

Quite surprised really that creditors haven't forced Vast to sell the remaining diamonds.