Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
9p by mid Jan baked in
Agree 100%, if they can't come up with a BTC product that works at the height of the bull market they never will.
There's NOTHING for retailers to sign up to, if the open banking thing was going to be so lucrative why would MODE start another so called "stand alone" product.?
It's not even a stand alone product it's just Mode becoming an affiliate of online retailers. It's what thousands of self employed home workers do already.
Mode are still trying to find a hole to stick that BTC peg.
Turns out the RNS yesterday was nothing to do with open banking, Mode are simply signing up as "affiliates" to various retailers and receiving a cut, which Mode then converts to BTC in their "standalone" product.
They really are flailing around cluelessly.
Highly unlikely, Amazon would be more likely to launch their own crypto service and make Mode look like Davids corgi versus Goliath.
"Customers will be able to browse Cashback offers at participating retailers on the Mode app"
Selected offers by the sounds of it.
All seems a bit desperate.
So then you're not getting part of your salary in BTC are you ? The whole MODE thing is just trying to solve problems that don't exist, desperately looking for some kind of crypto play.
I wouldn't want a monthly payment going into BTC or any Crypto, it's TOO volatile, it's not like the stock market, you're better off "buying the dip" ad hoc when it drops 30%
One of the benefits/appeals of Crypto is having control of your own funds and keys, with Mode it's just held centrally, if they want to stop you moving your crypto, they can.
Yes and let's be honest your average Mcdonalds worker and a lot more besides are struggling enough to get by and pay bills, pension contributions and NI rise. I can't see them wanting to siphon another chunk of money off into a volatile asset held in some obscure wallet.
You can't put BTC through PAYE so it'll be seen as a tax dodge by HMRC and they'll come up with some cumbersome workaround to tax your BTC as income if this takes off, which I doubt it will.
I told ya so, you didn't listen. Glad I got out at breakeven and also moved all my BTC to crypto DOT com because #FFTB Fortune Favours The Brave
Dogs dinner, only go into this because of Vin Murria and it was gonna be a tech business, now she's gone, and cannabis doesn't interest me in the slightest. There's also a hint they may not come back on AIM.
I remember the day before MTBF was a dead cert. for FDA approval, looking at the share price "static" and thinking, this isn't right, WHY is it not moving up ?
I sat here today thinking the same thing with POLX, the FDA will not approve it, there will be some minor BS reason that will delay it 6 months and price will drop to 56.3p tomorrow.
Sleep well.
Not what I was expecting, Vin is out too!
"Summerway Capital PLC said Tuesday that it intends to move away from the technology sector and shift its investments toward healthcare and pharmaceutical opportunities, and it has suspended shares and shuffled its board as a result.
The London-listed investing company said it is currently in discussions with an immediate opportunity in the healthcare and pharmaceutical sector, which subject to shareholder approval would be classified as a reverse takeover. Summerway's shares were accordingly suspended from trading as of 1230 GMT.
While the takeover target is outside of its existing investment policy, it represents an attractive option for shareholders, the company said.
Summerway said shareholders will have to approve both a proposed amendment to its investing policy to allow for a bridging loan to the target company, allowing the target to accelerate certain capital expenditures, and the acquisition at a further general meeting.
The company also said there would be several board changes, with Chairman Vin Murria resigning. Nonexecutive director Benjamin Shaw will assume the role of interim chairman.
Summerway said there was no guarantee the final terms of the proposed transaction would be agreed and if it fails, it will explore new opportunities in the healthcare sector."
Wow, I see the quality of ARB shareholders directly corresponds to the quality of ARB directors. Glad I'm out, have never been in and never wanted in.
Why did the directors sell out when it was £2 plus back in Feb ?