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Thanks ragnarr but I disagree on the nothing happening front until new year
Accounts
Below is copied off the companies house website for satoshipays accounts
‘Next accounts made up to 31 December 2022
due by 31 December 2023’
They’ve already delayed once
Just one and a bit weeks left until the year is out.
I thought 2023 was supposed to be the year in which valuations for Satoshipay and dynasty were both revealed.
We’ve had neither, even despite dynasty raising funds.
Not seen much by way of Tony doing any promotions or interviews either
Perhaps the lack of engagement from Tony is indicative that he knows deep down we are absolutely stuck in the mud here for the foreseeable, with no easy way out
Mr Market is less than impressed
The reality is, we are a few big sells away from breaking support
This stock has disappointingly been dormant almost all year
We anticipated our investees making waves in Q4
Instead we’ve not even had a ripple in the ocean with those drab RNS’s
Satoshipay delayed accounts STILL not on show on companies house
Pendulum Q4 re-hashed roadmap STILL uncoloured
Benchmark STILL yet to formally declare any interest - it’s now been almost a month - Tony said the market would be updated in due course - it doesnt look like it’s hot property to me
Usually, if something advertised for sale doesn’t get bids or sell within a month - then its too highly priced
In before the grouchy ones moan and say repeat slugmum with the repetitive commentary ad-infinitum - I do not care - it’s a results driven environment and we continue to see a nil result..
Don’t tell me… we’re getting jam tomorrow… from Teflon Torsten
Because nothing whatsoever sticks
I am incredibly sceptical as to whether a testnet or mainnet announcement will be enough to breathe some life into the share price. Mr Market needs something a bit more bullet proof rather than the very pedestrian announcements weve received thus far
Big spread ready because we’re getting jam tomorrow
The seller whoever it may be surely must be getting towards the end of their stockpile
This is ridiculous
Blu, this is great, refreshing and positive to hear
However frustrating at the same time to hear that a shareholder has had to get involved and do Tonys job for him
I posted a while back that it appears as though he has been asleep at the wheel
How about this for a Friday thought - I think we have found our new our next Blue Star Capital CEO
Company coffers*
christmas*
They are clearly not business people are they lol
Satoshipay are on borrowed time
Nabla and spacewalk was meant to be Q3
Two and a bit business weeks ‘til the end of Q4
There doesn’t seem be any demonstrable progress
It wouldn’t surprise me if they were all buying each other cheistmas presents from the co pant coffers
I am of reasonable certainty that the ‘I don’t care because it’s not my money’ mantra runs right the way through the business
A strong crypto market is meant to work in our favour
Unfortunately on this occasion, the harsh reality is that Bitcoin has run rampant and left us in the dust
As well as that, there are just over 2 and a half business weeks left before Q4 2023 is done and dusted
Satoshipays revamped roadmap still remains untouched
What in blu hell are they doing?
As it stands, we will be looking at yet another year down the Swanee for Satoshipay.
The size of our holding on fingopay is not really even worth wasting our time talking about
Its granular and won’t make any difference to the share price
Our two big guns are what we should be focusing on but they’ve both fired blanks
Tony needs to be on the phone to these investees for an hour every day to review what has been done , and what is being done
He needs daily pledges from them
Every staff member must be held fully accountable for their role within the business . If they are not ‘on the bus’, they need to get off at the next stop
We are in crisis mode
Heard we’re getting an RNS next week
Our ticker is changing to ‘LOL’
Because this is an absolute laughing stock
Lol steamy going back months to prove a moot point
I’ve posted granular top ups here before the ticket has been printed
I’d like to see your explanation for that one
Thanks for posting albino
I would say dynasty are turning out to be a damp squib. There were already reshuffles with senior mgmt maybe a year or two ago. It’s as though they are busy pivoting here there and everywhere and whilst yes they may be gaining traction in some areas, the vanity business deals they are doing are not exactly impressing Mr Market.
Satoshipay yes I think you are correct when you say they need vast sums of money to make any sort of success. I may be wrong but I have a hunch their spending is absolutely out of control with no one in the business giving any consideration or caring to stop the rot. It is no way to run a business long term. This exact rot will destroy them from the inside out if they are not careful because new investors or even potential buyers are rightly going to be dubious about putting money in only to see it evaporate so quickly. Or from an owners perspective being left holding the baby with max cash burn, minimal revenue streams and no one to sell it on to. Who wants to be in a situation like that ? Oh wait…
My best estimate is their cash burn is anywhere between €150k - €300k a month
My unpopular opinion gets talked and walked down for simply not aligning with others narrative of talking the share price up - no doubt some will drop in today to ostracise me about this post but I literally don’t give two hoots.
There is one way I will stop dropping in here and ranting and posting my thoughts is when Satoshipay actually do something substantive
I can see from the last 24/48 hours posts that I’m actually not alone - other shareholders are absolutely fed up of this dire situation. Just look at the share price. If the bid drops below 0.07p then we are probably done for
And at least I do post my thoughts. Some posters here are either from the one liner brigade or worse yet, the copy and paste brigade.
It’s December 1st.
Tony Fabrizi, based on his self imposed deadline, has got 4 months.
Agreed Aardvark
I exposed another poster yesterday for suggesting a price of '2p in 12 months' (now 10 months)
And when i broke it down an said that would be more than a 2000% increase to get to his fictitious 2p in now a 10 month period they ran to the cover of saying it was a 'hypothetical question'
Hypothetical question or not - the numpty still said it. End of.
Moving on... - Benchmark have been at it for 2 weeks now trying to flog Satoshipay. When one has hot property to sell, usually it shifts pretty quickly.
The same applies if you were looking to buy something which was suited to your requirements - once your mind is made up, you usually want to move pretty quickly on it, albeit a house, car etc.
There has been nothing to suggest there has been any interest. Do they even have a price guide or is it a case of 'what do you want to pay for it?'
15/11/23 RNS ends with "The Board will update the market on this process in due course."
Cant wait...
Agreed duke
Thanks for pushing them
And yes anyone happy or content with this performance… well… I think I’ve established my views on the situation already
Https://bluestarcapital.co.uk/satoshipay-receives-rd-grant-from-stellar-for-pendulum-blockchain/
Try this - June 2019
Oh look, a response from you within 6 minutes
Looks like someone has gotten emotional
Perhaps learn not to mix emotions with anything related to financial markets
My response is well reasoned and are based on
facts (what you said)
Timescales
performance up to present day
I’ve got a little exercise for you
Why don’t you go and re-review level 2 and tell us again where the share price is going
You got it so right last time
Ah hobsy
Seeing as you brought up the word drivel, let’s take a look a a few of your recent posts
15 Nov 2023 07:22
“Benchmark International clearly don't think Satoshipay is dead wood.”
At the time you write this, you weren’t to know - but the two week nil result since that RNS suggests otherwise. Do Bench mark even have an up to date guide price or are they just peeing in the wind?
10 Nov 2023 12:57
“Slug, Level 2 says the sp is gonna go up.”
This comment aged well
23 Oct 2023 09:41
“Slug, if the price is 2p in 12 months time would you call it a success?”
Your last bit of drivel - 2p?
Are you just plucking figures out of thin air now ? Taking the numbers from your post- you are talking about more than a 2000% increase … in just over 10 months time 😂
There is one person talking drivel here mate and it’s not me
Some fair points made nightye
However I was told to keep schtum earlier this year by other posters as they warned me that things would be kicking off in Q4.
I've even got post history to prove it.
On 26th August of this year, borne from an exchange of messages between me and other posters on this board, I set a 2 month 'alarm' to see where the share price would be on 26 October.
'Watch this space'... I was told...
Price was 0.12 on 26th August
Price was 0.9p on 26th October
Now I am being told to chill out / keep schtum once again as things will be happening in Q1/Q2 2024.
Of which at that point, I will be making reference back to this post from today.
I understand and accept that I have the unpopular opinion here, however to those people who are in favour of simply upvoting an opinion because it matches their opinion and suits their narrative - Have you ever actually stopped to think and ask yourselves, you know what.... Slugmum might actually be right about this
For every 1 winner in the market there has to be 10, 20, or even hundreds of losers. Thankfully I'm not short on this share.
FYI for the lazy - Tony Fabrizis self imposed 6 months window of "significant scope for this figure to materially increase" STARTED on 28 September 2023 and ends 27 March 2024... but because next year is a leap year we will be generous and give him the rest of that business week meaning his new deadline is Monday 1 April 2024.
What a date to have to work to... April fools day...