Member Info for sandgrounded

Not too bad, considering we were warned about the shortfall.

I will add that I hope they are correct. Especially the Bitcoins!

AimHigherStill

Posts: 10,026

Price: 1.235

No Opinion

This week.

Today 20:39

Bitcoin purchases x 50.

Placing shares churned.

MiCA update. (Because why not)

Share price increase into results week.

Looking forward to the up and coming months, no mood hoover will get me down.

Carry on BoD. FU mood hoovers.

So can we get you banned if these turn out to be incorrect?

“BS. Sand should be banned from Lse”

Why? For making a mistake, which will take a long time to forget?

Where have they got that information from?

I accept that I didn’t see the date of the report, so apologies if I have jumped the gun.

I was hoping to get to 2.5p myself and sell up.

GSTechnologies Limited (LSE:GST) has launched arbitration proceedings against the former owners of Semnet Pte. Ltd., citing alleged breaches of non-compete clauses and employee-related commitments outlined in the Sale and Purchase Agreement. The resolution of this dispute may result in recovery of profits related to Semnet, potentially bolstering GSTechnologies’ standing within the fintech sector.

Despite facing operational hurdles and weak profitability, reflected in disappointing financial results and technical signals, GSTechnologies’ recent acquisition strategy provides some optimism for future growth and market positioning.

About GSTechnologies

GSTechnologies Limited is a London Stock Exchange-listed fintech firm specializing in delivering cutting-edge digital financial services and solutions aimed at transforming the financial technology landscape.

This was not an rns as such. My mistake. It is from a market report on ADVFN from Friday. They are still showing the rns marker and I saw the additional report and thought it was from today.

If I can get it to copy and paste I will do, but I have been unable to so far.

I am just reporting g what it said about poor results!

To be fair to the management, I am sure they have tried all ways to resolve this problem, but without success. Arbitration would be one of the last resorts, I would say.

Where do we get the new buyers from, when they have nothing to base a purchase on?

It’s interesting that the markets have no idea what the companies results are going to be. They are as much in the dark as we are!

It wouldn’t surprise me if they tried to take the company private!

I think I’ve bought a Norwegian Blue!

Some quiet buying going on over the past few weeks. Is someone building a stake in the company?

Many are assuming that the cash figure at the 31/3/25 remains, together with the recent share issue, to give us a large cash pile to purchase bitcoins.

What if the 1 bitcoin bought is the only one?

None of us can be sure, as we don’t have any news.

We are putting our faith in the next results and hoping they are good. Let’s see what information is given at that point!

Bitcoin up to 118k as I write. I hope we haven’t missed the bus!

Would the purchase of 30 Bitcoins cause the price to increase?

I would have thought not, but wondered what is behind the latest rise.

30 Bitcoins bought using Bake perhaps?

Have to agree with you on that one AHS!

Enki, thanks for your post at 09.59 showing operating expenses as 691.5 K for the year.

If we had similar for this year plus integration costs for Bake, I don’t think the $2 million I assumed in an earlier post would be too far off, for this year.

One further point, the cash figure quoted this morning was for the 31/3/25. We have three months activity since then.

The question is, has the cash pile gone up or down since March?

I am hoping it is up, so that I can make my money back!