Member Info for SteamyWee

Addison - The only way FG would have the money to buy back these shares if we get good news is if he sold some shares... Do the logic Jon!

Before anyone calls me a de-ramper I have a very large holding here and want this to succeed.

Suthy - Get a grip! I'm probably more invested here than you. The difference is I don't post all day long blowing smoke up the backsides of others like you. Look at facts instead of knocking anyone who says something you don't like!

You missed one out. Childish remarks!

Didn't see that coming did we?

I hate to think what this is going to do to the share price today, but FG once again not able to get a small amount of money together to repay his loan doesn't do much for sentiment.

ARGO are now implementing the Intel® Blockscale™ ASIC in Texas and it looks increasing likely that the company that they intend to assist in mining Bitcoin for (at a 25% cut) is RIOT Blockchain who recently stopped mining due to energy shortages. We could even see a merger of these two giants in the near future and with Intel likely to improve further the speeds and power consumption of their chip, we could be left 'developing' behind the curve for a long time.

https://www.intel.com/content/www/us/en/products/docs/blockchain/custom-asic-product-brief.html

Shifty1 - Yes, I read that between the lines too. No mention of the IPO / sale. Could be a good thing if the contracts are coming in. Even better if there is an IPO / Sale after that.

At this current share price, this is a no brainer to get involved. Very undervalued.

Gazzle - Well worth a full read. It starts good, gets better, dips a tiny bit (sort of) and gets even better than I thought it would be. I particularly like the BLU funding via share options as a replacement for paying wages. That way, there will be more motivation to perform. Onwards and upwards!

Gazzel - From the RNS: "The Company's other quoted investments in NFT Investments and East Side Games are non-core and will be sold as and when an appropriate opportunity arises. They have a current carrying value of approximately £135,000."

Fantastic trading update from Tony. A very honest appraisal. This is what has been missing under the tenure of Lew.

Very much looking forward to the future of BLU!

MeanMrMustard68 - BLU still have 24,326,500 shares in Guild, so at its current share price (3.1p) that is £754,121.50p worth of shares.

Muscles - "absolute legend is me" you're getting bells and legs mixed up again

viera - As someone with a decent holding (OK... huge holding) are you in a position to encourage Mr Fabrizi to re-evaluate our current investee companies and update the market on what we have and ongoing plans to nurture these investee companies?

As I see it, Satoshipay is a 'guess how much it's worth, but probably worth significantly more than the last vague guess' at the moment but Dynasty has got to be worth at least 3 x our current share price (pre IPO / sale) to BLU.

One of the other shares I'm in (I think you may be too (VAL)) now have a shareholder rep in Adam H. I'm not suggesting for one second you take on a similar role, but we could really do with someone with a lot of skin in the game on our side and the ability to nudge.

Just to state. I'm still pretty confident in my investment here. Dynasty to my mind is worth 0.6p and Satoshipay, a possible bloody fortune. I just can't stand liars and cheats.

Ragnarr - Please see comment 19 - Here: https://www.lse.co.uk/profiles/theeduke/?page=3

as well as comment 13 & 15 - Here: https://www.lse.co.uk/profiles/theeduke/?page=2

Plus to be honest, reading his post between all of the scanned ones....

Jon, just to give you a little insight in to an AIM fund raise. If this was the choice of the board, the SP would most likely end up at around 0.7p to 0.8p with a full uptake of the shares offered. If there was no uptake on the shares offered the n significantly less.

I think the fact that FG has at this stage told us that this is likely (where no other AIM share I've been invested it has mentioned it) is almost a forgone conclusion, unless the money rolls in from the court case. In addition, we will most likely win the court case and get a judgment. However, payment of that judgment is another thing. If the losing party has no money, it means nothing.

PAS14, I admire your positivity in what you're repeating, but to face facts, when a director says it might be bad, it's generally worse. We have a director here who is 30,000,000 in debt, who I bet by the middle of October will release an RNS stating another extension to the share buy back, or worse...

I hope I'm wrong...

So you're saying a fund raise is mentioned on every report? I guess you haven't read many reports. Also that the board are aware of "significant uncertainty" that their business may not succeed? And this is from the mouth of a director who is currently 30,000,000 in debt.

I don't know about you, but I have very little faith that a director openly telling us these things will re purchase shares this week when he has no income to buy them. You're delusional.

Any idea why Mark has sold Nick? He was adamant a few weeks ago that he was buying more, only to sell yesterday. The worrying thing for me is that he has the ear of Lew (so he tells us). Lew leaves and Mark sells???

Not impressed...

I've not read all posts today, there are far too many in the limited time I have. However, this part of todays RNS is of immediate concern to me:

"The Group’s operational existence is still dependent on the ability to raise further funding either through an equity placing on AIM, or through other external sources, to support the on-going working capital requirements."

And

"If it is not possible for the Directors to realise their plans, over which there is significant uncertainty, the carrying value of the assets of the Group is likely to be impaired."

I foresee further devaluation of the SP should FG not re-purchase his shares in the next few days. This is a critical time for QBT to succeed and as we're not likely to see results until 2023, I'm a little disheartened by this chain of negative events.

This isn't a "deramp", "bash" or any other sort of nonsense, I'm invested here quite heavily. This is in black and white for all to see. So I'll not engage with anyone who sees something that is not there. No time for fantasists. This is make is break time folks. Good luck!

And there is your answer.

"If it’s true that he’s flogged them in the last 12-18 months, it doesn’t show that he has much confidence in the portfolio!"

Or does it show he didn't have much confidence in Lew...

For me this is very good news. Lew has gone and now we can look forward to the future without him.