Member Info for SteamyWee

Odd the RNS doesn't appear here, but this has been the case for a couple of them now.

Here is a link to the full RNS on the London Stock Exchange website.

https://www.londonstockexchange.com/news-article/QBT/update-on-bitcoin-mining-r-d/15463145

Francesco Gardin currently has 29,284,149 shares in the Company. On 16th June, he will have 34,284,149 shares in the Company.

Now that is a good return. That said, it's a bit like here are the lottery numbers for last Saturday. Not much meaning now.

Any chance you can post this before the rise and copy us all in? ;)

DH - It's already been 0.59p on sentiment alone. Dynasty is worth 0.4p quite easily. Then we have Satoshipay. That is worth at least 0.2p as it is. Should it progress further, then it's onward and upwards.

If you don't hold the faith, maybe this share isn't for you.

Who made this website? Was it a early years homework project?

I think this is why Suzy chose June as the dead, deadline for the deal. End of June is the last official day the company accounts can be submitted to Companies House.

BOFFIN007 - When you see "the 1 trade" it means that someone has more money than sense and has paid 25p for a share and £4.95 (dependent on rate) commission. It means nothing else ;-)

Is it still whining....

Sharebel - Get a grip! I'm not de-ramping. I'm very much invested in this share. I was answering someone who asked why the share price had fallen. I gave a factual answer with evidence. You should try it sometime!

To answer your other point. This share was never 4p when BTC was £32K it was at exactly the end of the first week in November when BTC was £51K. There has been the odd boost on good news too, but this share follows the value of BTC.

To answer your other, other point. I very much understand what this company does. Quite clearly you don't!

Like I said in my last message, I'm not engaging with you again. There is no point.

Sharebel - I'm not going to argue with you about other cryptos. Watch FG's videos, they all relate to Bitcoin.

We really don't want an RNS today or until BTC is back up to at least £32K. There wouldn't be the huge effect we want.

Bitcoin to QBT ratio is pretty clear.

November 2021 Bitcoin £51K - QBT 3.85p
Today May 2022 Bitcoin £26K - QBT 1.9p

Sharebel - I do hope you're not referring to me as a "doom monger". Quite obviously the fall in Bitcoin is of concern. This share is based on a company that intends to mine it faster than anyone else. A lower value is going to effect this share price.

I will agree though, that this is a strong buy at these prices. We have the fall of Bitcoin value to thank for that ;-)

Reason for the fall in price is because it's linked to the commodity it wishes to mine.

In November 2021, a solved block was worth £318,000
On May 12th 2022, a solved block is worth £141,000

This is always going to follow the value of Bitcoin.

GLA & Hold on tight!

There is a mention of Geoff Pollard here and related to Blue Star.

https://riverotter.co.uk/2021/07/06/blue-star-capital-shining-brightly/

"Diemens Esports

This Australian company was apparently to be merged with Critical Hit Entertainment, but in February 2020 this transaction fell through, according to Blue Star’s final results. There doesn’t seem to be much information about Diemens online. The company’s records list the registered address as Level 1, 53 Burswood Road, Burswood, Western Australia, which is a virtual office. It also has a contact address in Castle Hill, New South Wales.

The directors listed are:

Matthew Lodge, Singapore
Geoffrey Pollard, Singapore
Matthew Barry Le Cornu, Scarborough, Western Australia"

Yes, we're over due final results. They will be interesting.

Use the force Francisco... May the 4th be with you!

I'll get me coat...

No worries Gazzle. Thing is, we all have our questions. When we don't have the answers, it's easy to assume and come to our own conclusions, we don't 100% know what is going on behind the scenes. There are whiffs of lifestyle income, but they know, especially via the last AGM votes, that they are tasked with earning us money, not only themselves. Between Mark, Nick and others they have been told!

For me, this share is going to do it. As far as AIM goes, this one is a very safe bet. I have a substantial (to me) holding in my SIPP and an equally substantial holding in my ISA. Once we get to my preferred share price, I will assess the best action via my SIPP while holding the ISA going forward as along term investment. I certainly won't be doing anything with either until we are more than double where we are now. Dynasty is an unknown quantity in terms of 'just how much will it sell for?' but it's pretty safe to calculate that it alone is worth more than the current share price. Satoshi, is a little more uncertain, but the rewards could be astronomical. I personally have no issue with Meinhard investing in other companies, as I see he'd want to bring the tech together for the greater good. Better him, than a competitor in my view.

We're still a relatively young company and in time, I see this being worth a few Pence if not more.

Gazzle. IMO, you're right about some things and wrong about others. I agree about the consultancy services, there really is no room for awarding contracts in this manor. We've seen how our ehem... government have done this and it stinks. I'm not sure I agree on the passive investment comment though. Surely the investee companies are best placed to do the best job?

For me the positives of BLU are that, despite 'intentions' there will be no dilution of our interest and BLU may be forced to remove investment from underperforming clients. We have at least one, most likely two companies in the portfolio that are going to produce that revenue you talk of. While at this stage, yes our investment has grown without tangible earnings, that will surely follow. Slow and steady certainty for me seems a better approach to boom or bust.

At the end of the day, you have to make your own choice. Stay invested and be a little patient or bail on the next rise. But for the love of (Insert your god here) don't **** off the share or the BOD in public. You've only got to check out NNN (Nanosynth) to see what that does to the share price ;)

Good luck dude and be patient!

Duke - I know what you mean. Claims investment, but always putting it down and not in a constructive way!

Obviously an NDA is just that, so no, we don't know details. That said, AMD and Qualcomm have been mentioned as favoured partners. I think we can rule out Intel as they have already pursued their own version. AMD would be my choice of partner as they insist on being better than Intel.

As always though, your money, your research - good luck!