Member Info for RKBeekeeper

Snippets from CEO Interviews

15/11/22 ‘Please give us a brief summary as to Quantum Blockchain Technologies is all about.’ “Basically, our main goal is to develop miners that would be faster, cheaper and more energy efficient than existing miners and to do so we set-up a team of 20 scientists and we are approaching the problem from different angles, the ultimate solution is the use of Quantum Computers and Quantum Algorithms. We have developed the algorithms and we are just waiting on the Quantum Computers to be available. When that is the case (when Quantum Computers are available) the speed will be improved by 100,000’s of times.”

“In the meantime, we are using different kinds of technologies to improve in a very material way the current performance of existing miners.”

‘So far you have method A and method B using your algorithm and these are on your standard computers that are used with the bitcoin Miners and in the Lab, you have come up with an improvement of 30% is that correct?’

“Basically, what we do is replace the operating system of an existing miner with our operating system which has an element of machine learning and there are two different machine learning techniques (A & B) this is basically intelligence versus brute force. We can install this intelligence on existing miners.”

‘30% is huge, when you think of these Bitcoin miners, they have 10 of 1,000’s
of Bitcoin miners.’ “Yes any large miner will have 100’s of these machines and each machine would cost between £5,000 & £10,000 depending on when they bought them and saving 30% and instead of investing another 30% of your capital to buy new machines you install the software and you get a boost of 30% which is huge.”

RKB

https://quantumblockchaintechnologies.co.uk/investor-relations/ceo-s-interviews

Good afternoon Eddie563

Ok Eddie563, please quote when I posted “the ramp while I was selling” then I can check my transactions.

Then maybe you will realise that you are incorrect.

I am back because of the Sipiem Court win which as you know I have calculated it will be about €11.1 million and if you had listened to FG when he said, “it is a large a very large number.”

For the record (again) FG called me on the day of the RNS that was issued on 1st December. We had a good chat all positive.

Just spoke in the past hour with FG and all I can say is that they (you know who they are) remain focused. Also I am not an Insider currently.

RKB

PS I wonder if Ediie563 will be having a glass of Red tonight, I normally only drink at the weekend but I do make the odd exception.

Snippets from CEO Interviews

1/11/22 ‘Good news today, you have had a Sipiem court ruling in your favour.’ “What we are going to talk about today is the past of the company which we can’t ignore. Before the U-turn in May 2021 when we became Blockchain Technologies, as Clear Leisure we had a number of litigations for claims that we filed against Companies and individuals whom we think did not behave correctly in terms of their relationship and we went after them in court.”

“In this particular case we are talking about the situation with Sipiem, which was an investment of £6 million in shares and cash. This investment was done through Sipiem, which was a holding (company) which had a large stake over the water park (Ondaland) It turned out the money in Sipiem never landed in the water park (we were rinsed)”

“Also, the ownership of Sipiem had been taken away with a very funny shareholder meeting. This court case has taken 3 years and finally the ruling came out (last week)"

"We were awarded €6.2 million (with interest and adjustments about €11.1 million) Our lawyers are trying to work out the exact amount of the interest and the effect of INFLATION (for past 8 years) which I don’t want to anticipate but it is a large a very large number.”

‘It has taken, what 7 years, is that correct?’ “Yes, but I think this is very representative of the spirit of this company that we are determined, we never give up and if we think we are right we will go to the end. Without changing the subject that’s exactly the same approach we apply to our R&D. We are determined and we work every day and are very clear what the objective is and are working with discipline and this is the spirit and nature of our company."

RKB

https://quantumblockchaintechnologies.co.uk/investor-relations/ceo-s-interviews

Snippets from CEO Interviews

12/09/22 ‘If you could give us three good reasons why people should follow Block Chain Technologies?’

1 “Because unlike most of the companies in the crypto space we do not use Miners we design Miners.”

2 “We have a Team that develops quantum algorithms and Quantum Computing is the Future.”

3 “We have an excellent team of 20 brains that we put together our strategy and our approach to R&D is to keep the team members happy, keep the team consistent over time and we have a team of 20 excellent brains working 24/7 on this program.”

RKB

https://quantumblockchaintechnologies.co.uk/investor-relations/ceo-s-interviews

Intel and Quantum Computers

This 13 min video is informative about the challenges and the possibilities of Quantum Computers.

Heads and Tails you always win!

RKB

https://www.intel.com/content/www/us/en/research/quantum-computing.html

Snippets from CEO Interviews

3/12/21 ‘What are you trying to achieve here with this R&D program?’ “Just to remind you, our goal is to develop the fastest Bitcoin Miner. We have different ways to achieve this goal and the Patent is the most reliable approach and the one with the less risk, which is developing a chip which will run faster than existing chips.

“Going to more advance approaches this Quantum algorithm WE DEVELOPED it’s a major major improvement, we have proved that it works (theoretically) and have teamed-up with one of the largest manufacturers of Quantum Computers. We know that our algorithm will work on a Quantum Computer so we want to be in a position (1 or 2 years) when the Quantum Computers are available, we are ready to mine, and we will protect this with a second Patent.

“We are now in a position where our AI algorithms can be combined optimised mining algorithms and we can start trial mining.”

‘What do you think the significance of working with these two tech companies?’ “What we found really interesting, was that as soon as we approached them, one is in the United States and the other in Japan, they immediately wanted to sign an NDA when they realised what we were doing, they immediately made available to us their facilities.”

See also RNS 30/11/21

RKB

https://www.youtube.com/watch?v=fqL84gHJOSQ

Snippets from CEO Interviews

5/11/21 ‘You have just announced the first phase of your FGPA, can you explain what this is and why it is important to you?’ “It is important because it is one of our five different approaches to extract Bitcoins, developing a chip which is the most traditional one which has only one job, extracting a Bitcoin. So we have to design a chip, once you have a prototype of the ASIC chip, which is the technology used by all miners.

“So, the numbers that we released today in the RNS (24% quicker) are likely to be improved. If you today decide to mine, you have to place an order and in the meantime if the price of Bitcoin increases, they will increase the cost of the machines that they will deliver to you.

“We want to be independent and develop our own chips or our own miners and in doing so, we think today as we have proved today with our announcement (see RNS) we can be even faster.”

RKB

https://www.youtube.com/watch?v=J2HEWcLoN3A

Quantum Computer

I said in a previous post that you may want to do some research on Prof Dr Winfried Hensinger & Prof Francesco Gardin.

It would appear that nobody has picked-up on one of our “Experts”

On the link below, it takes you to the Bio page of Prof Dr Winfried Hensinger’s page at Sussex University.

There is a link to two utube videos.

The first one will let you know all you need to know about our “Expert”

The video is 1 hour long after the introduction.

Maybe just maybe you will see why Francesco has placed his economic future (5p & 10p Options) on our Research Team of “Experts”

RKB

https://profiles.sussex.ac.uk/p179227-winfried-hensinger

Home Page of QBT

At the bottom of the Home Page of QBT (see link) there is a heading:

Products & Services

“While QBT’s main goal is to develop disruptive Bitcoin mining systems to have competitive advantage in its mining activity, selected partners will have access to proprietary mining hardware and software, as well as mining pool and data services.”

There are three sub-headings:

Mining Hardware
Mining Software
Mining pool and data services

Keep an eye on this page for any updates.

RKB

https://quantumblockchaintechnologies.co.uk/

Snippets from CEO Interviews

11/05/21 Question: ‘So why Quantum Blockchain Technologies?’

“Let’s focus on Quantum. There are a few things that change the course of mankind. Recently we witnessed the digital revolution in the early 60’s with computers that were invented with digital transistors. We are now very close to a similar revolution.”

“In terms of what is really going to change the course of history, we have the energy batteries will give us unlimited energy but of course of history will be changed by quantum computers. When you have this unlimited amount of computing power, you have no more boundaries of what you can do.”

RKB

https://quantumblockchaintechnologies.co.uk/investor-relations/ceo-s-interviews

Snippets from CEO Interviews

There are many interviews with our CEO and I have taken some snippets from when we changed from Clear leisure to Quantum Blockchain Technologies Plc.

26/04/21 “We finally think we can do what we think we are best doing, which is focus on very very deep and complex and challenging technology.”

“We think we have got access to the ONLY existing Quantum computer; we will develop on this computer most of our new software.”

Question: ‘Can you comment on the 5p & 10p stock options?’ “I think setting theses targets is a clear message that I believe that the company really has huge opportunities, and I am betting economic results on the ability to achieve these share prices.”

RKB

https://www.youtube.com/watch?v=Itgd72e0trk

Quantum Computing

FG has said that the goal is “Quantum Computing”.

There is a Company called Universal Quantum Ltd.

You may want to do some research on Prof Dr Winfried Hensinger & Prof Francesco Gardin.

RKB

Insider

Yesterday I was made an Insider on another share.

Obviously, I can’t Post on their Bulletin Board.

But it is interesting to read their Board.

RKB

RNS Update on Sipiem Legal Claim

Today’s announcement that 8 of the 10 defendants have appealed is not a concern for me.

I always thought that there were 12 defendants, but we now know it is 10.

I posted last month my calculation of the award of €6.2 million and said with interest it would be about €11,455,359 (this is using an interest rate of 8% which is what I believe the Italian Court will use)

We will know sometime in December if an appeal has been granted and what tentative date will be set in March 2023.

I believe the Appeal will be denied but even if it goes to appeal there are some positives.

March is 4 months away so, 8% on €11,455,359 is €302,421 so we would be due €11,757,780 or about £10,688,891.

The two defendants who are not appealing make the case for the other 8 untenable in my opinion.

The two defendants may have already agreed to pay us the money.

RKB

Divested

I sold the last of my shares this morning.

An excellent company that the Market failed to value correctly in my opinion.

One of Prim’s larger Investments Engage is almost impossible to fathom, their contact phone number is an answerphone and they do not engage (ironic)

I believe PRIM have to sell some of their Investments as cash is running low.

I believe some sort of funding will be required (unless they sell something)

Rupert will not want to dilute his shareholding of 21.1% and unless something is sold then the only solution is some form of debt.

I do not believe the BoD would take on an external loan so maybe they will provide some sort of loan until one of Prims excellent Investments mature.

I wish all shareholders well and especially the Board.

RKB

For whoever is interested

I have posted here because I do not want to engage with the trolls over at our new home QBT.

If the Trolls are not disgruntled ex-shareholders then why do they post relentlessly on a share they do not own?

Options: I am going to post about our BoD’s and the R&D Team’s Options and compare with two other companies. VELA & BOIL.

Vela because I used to be invested there and made £51,000 profit after I had attended their AGM.

BOIL because a friend has been in and out and it has had some news recently.

VELA Options: Taking just two Directors (James Normand & Brent Fizpatrick) they have between them 270 million Options. Exercise price is £0.0024 as this was the price of the placing in July 2020. The Options have a life of 10 years till 2030. If these Options are exercised VELA will receive £648,000.

BOIL Options: From their most recent Annual Report and Options granted July 2020 there are about 1.5 billion (1,537,125,001) Exercise prices £0.0006 £0.0007 & £0.001. The Options have a life of 4 months, 20 months, 8 years & 9 years. If these Options are exercised BOIL will receive £1,095,625.

QBT Options: Assuming the 10 million Options that were given to one of our experts are renewed then in total after our new NED Mark Trafeli & our recently appointed NED, Peter Fuhrman’s Options are issued, there will be 240 million Options at either 5p or 10p (5 times or 10 times our current share price) The Options have a life of 1.5 years, 2.5 years & 3.5 years. If these Options are exercised QBT will receive £17,625,000.

If you were to do your research, you may find that if all three Companies, QBT, VELA & BOIL were to have all their Options exercised, which Company would benefit the most?

Would it be VELA who only have to increase their share price by about 60%?
Would it be BOIL who only must increase their share price by about 0%?

Or would it be QBT who have to increase their share price by about 400% or 900%?

RKB

PS Now can you see why the Trolls are keen to post negativity and lies?

Pied Pipers and hidden shareholders

From my calculations earlier I stated that Eufingest could be at 32.44% if they convert their Bonds. But if you had followed how FG called all the various Bond Holders meetings over the years (there have been about 20 RNS’s over the years) you will see a pattern where there was not a quorum and then the rules are changed for the 50% of the Bonds in issue to pass the amendment and Eufingest always hold more than 50%. FG always ensures that his goals are achieved.

Because we had John Story taking a few shares & warrants in 2021-2022 our shares in issue increased and as a result of this some shareholders were no longer over 3%.

So the shareholders who could have shares but are not disclosed under AIM Rule 26 are in my opinion.

A Villa 28,279,039 see RNS 30/11/16 I forced the Company to issue this RNS and A Villa still has control of his shares. Note he is closely associated with Eufingest and I believe he has a flute.

Lawshare Nominees 41,000,000
PBV Monitor 35,365,389 (this is Vidicos Nominees)
Luke Johnson 25 million
An Idea Lives On 22,321,918
TMS-EKAB 11,000,000
Mr McBride 8,263,250
64Bit 7,868,130

The only one shareholder I am not 100% sure about is Mr McBride.

The above 8 shareholders come to about 179,097,726 or about 13.36%

Eufingest about 32.44% + 13.36% (if the 8 above are still shareholders) = 45.8%

Then the only “Major” shareholder not included above is FG, and do you know how many shares he has? Are you sure?

That’s all I have to say. I will leave our B.B. and wait till I hear the music.

RKB

Past History

If you know the past history of QBT and the old CLP, you may then be able to establish who is calling the tune of the Pied Piper.

When FG returned to the Company in 2015 there were massive debts and no income.

FG bought back substantial amounts of debt at about 80% discount. This was only possible with loans from Eufingest. Bonds were rescheduled and interest rates reduced from 12% to 1%. Lots of the debt bought was on the Mediapolis Land and then this Land was stolen from us even though we had a charge on the Land.

Then there was our Investments in Sipiem where we should have had ownership of the Water Park Ondaland. But Sipiem was put into liquidation to try to avoid us obtaining our assets and that resulted in the Venice High Court case that was won recently. It would not have been possible to pursue the Sipiem case through the Courts if it was not for Eufingest providing us with loans.

We have already won our Sosushi Court case in England and again this was funded from Eufingest Loans.

Now it is time to pay the Pied Piper but will ordinary shareholders be fully rewarded?

RKB

What will the Pied Piper collect?

Taking the current exchange rate of €1 = £0.87p then the 1% Bond of €3,423,707 would convert to about £2,967,719 add in a little interest and its about £3 million.

The Pied Piper is the only reason why QBT exists. If they had not funded us over the past 7 or 8 years then there would be no QBT.

£3 million converted into 1p shares is 300 million shares.

Eufingest’s share of the €4.8 million Bond €3 million. Bonds at present convert at 5p.

€4.8 million is about £4,160,710 this converts to about 83,203,400 shares at 5p. Eufingest would have about 52,019,420 (the other Bond Holders would have just over 31 million.

Ignoring the 5p & 10p Options:

Shares in issue 997,551,851
Pied Piper’s Bond Shares 300,000,000
Pied Piper’s 2nd Bond 5p shares 52,109,420
Other Bond Holder’s 5p shares 31,183,980

Potential Shares after both Bonds converted about 1,340,845,251

Eufingest current shares as on our website 8.65% or about 82,828,235
Add 300 million and 52,109,420 = 434,937,655

So, on the above calculations the Pied Piper would have about 32.44%

RKB

Pied Piper will collect

Over the years Eufingest has supported us with very cheap loans.

In November 2020 Eufingest converted all their loans and accrued interest into a Bond of €3,423,707 with a maturity date of 15th December 2022 (later changed to 15th December 2024) and interest of 1%. At any time, this Bond can be converted into shares at 1p

There is also another Bond for €4.8 million which can also be converted into shares at 5p. (now also matures 15th December 2024)

Eufingest hold €3 million of the €4.8 million Bond.

If you know the history of the €4.8 million Bond, you will be aware that before the recent amendment, the conversion was at 15p and in 2018 the conversion was 25p.

So the Bonds went from 25p to 5p conversion over the past 4 years and who is to say there will not be a further amendment?

RKB