Member Info for Reflection

Gilding the (his) lily.

This is AIM…. Enough said.

Would require capital.

Would require a raise.

Further dilution.

A riddle wrapped in a mystery inside an enigma

If still around, Mystic Meg would be very proud of FG and see him as a kindred spirit.

“There’s a saying in the markets that ‘he who lives by the crystal ball is destined to eat ground glass.’” R. Dalio

IPSUM stated on the 11th Sept that the re-examination would be available within the week (GB2113962.1). Still yet to be publicly available, Feb documents are illuminating if you read between the lines, and their other application recently made yet to register all draw to this application to not being a successful product for revenue making - I repeat, revenue.

He also has a mindset and lived experience in academia while you could not get a more cut through commercial industry than crypto.

Of more concern is putting myself in FG’s position. If my experience has been in academia (and not commercial environments) and I’m approaching 70, wouldn’t the most risk free high reward (salary) be evolving patent applications for a few more years… If he was on a more modest salary and have carry / skin in the game, then it would be much more comfortable and be a more equitable risk reward dynamic. Is the above ageist of me, damn right it is when it has to be.

Continuing with his disproportionate salary package over a considerable time is another red light that I can’t see changing.

Dyor

Too true. Cuts through all this noise on board.

My readings of the patent document filings is at best that the 2021 patent will be objected upon, so probability that this will not materialise is reasonably high. The documents dated 15/02/2023 are telling and indicate why QBT are where they are in putting forward another patent application.

https://www.ipo.gov.uk/p-ipsum/Case/ApplicationNumber/GB2113962.1

dyor - gla

Pricing drifting away on no news (-26% since late August). Investors probably disillusioned with very weak - and vague “would/could/conceptual” communication while maybe some phd students have been talking - who the duck knows. The 2021 patent looks very far away subject to not being objected? Drifting down to sub 1p is probably what sleepy FG needs to get a grip!

Could be that the 2021 patent application is going sideways..

Called the IPO today and wanted to know the procedure / timeline to get to registration for the 2021 application (GB2611321) and he suggested roughly 2 years from quickly reviewing the case. The status of the application was "awaiting re-examination", hence my query to them direct and FG has provided no clear timetable on this application to investors.

The other application that FG mentioned in the PI interview, I can't see this registered as yet?

Thanks Technohead for trying to get this board back.

Interesting seeing the correlation on LSE between boards that have inane posts and small cap stocks that are highly speculative promising freedom(s)....

Well this will be ( fun ) today. So true Bobcat.

Yes, that’s good, but Google/Alphabet have the software capabilities and firepower to link their software development team(s!) into the hardware which they’ll know the inner workings of before anyone…

Anyone concerned by this for QBT:

Breakthrough quantum computer instantly makes calculations that take rivals 47 years

Google claims to have proved its supremacy over conventional machines

By

James Titcomb

2 July 2023 • 6:13pm

Google quantum computer

Google has developed a quantum computer that instantly makes calculations that would take the best existing supercomputers 47 years, in a breakthrough meant to establish beyond doubt that the experimental machines can outperform conventional rivals.

A paper from researchers at Google published online claims that the company’s latest technology is “beyond the capabilities of existing classical supercomputers”.

I see Jerry Maguire’s 1996 quote is still being swallowed, but can’t see the movie ending like some people hope.

Burning executive salary(s) with no product or miners willing to associate with FG…. Can see some capital raise hocus pocus in H2… All the best with FG’ “commercialisation” as he calls it…

..rather than repayment)

Reminds you to look at counter party risk, and if they're not the typical large lenders (TD's CIBC's), they may well have hidden agendas (i.e that their exit strategy is foreclose and control rather than control)..., certainly the case with some commercial property "lenders" that I know of..

Comms are still terrible here or FG has gone full Tonto.

Probability of dilution, 50-50?

This is at best still, a punt.

Some people suggest that FG reviews this bb on a regular basis, which is a real concern in itself if it’s true!

I’m expecting another RNS of chicken feed from FG with the regulars keywhamming the hell out of it, turning it into a golden turd, but still a turd.

Just relieved we’ve finally got revenue coming in.. :-)

GLA - DYOR

Maybe Prof FG needed to be back in academia after all, Sussex University specifically.

Check the news.

Oh well.

Has no one noticed how absolutely broken FG looked in the latest proactivepump interview?!?