Member Info for Super_Mouse

Kat - Exactly. But the question is now, Is Semnet going ahead.

It could be the case that the auditor were being forced to price the full value into the company when the deal hadn't been completed. Said before GST might be forced to cut Semnet loose.

Found it highly suspicious that they didn't suspend immediately allowing insiders to dump out (which it appears they did) . Something is rotten here.

I think GST will make the decision to delist and relist in the US, citing the unsuitability and lack of facility foe cryptp in the UK. Especially as the FCA have kicked them into touch.

There's a reason some insider dumped the price down so hard and they delayed the suspension for 24 hours

Remember they didn't pass muster with the FCA for those licenses either. Auditors are not mugs.

Ray - Auditors generally work on a 'You Pay Enough, We Sign Off' unspoken principal

If , yet again, GST have had to let go another auditor but with a 'nice comment' to avoid legal ramifications then that isn't a good sign. It means they are unsure of valuations or probity that even they think is too risky to sign off.

If you think today's RNS is a positive then I have a bridge to sell you

Ray - If they didn't feel competant to complete or sign off rhe audit, how can they say things aee 'good and proper-

How many auditors does this company need?

Question is. How many crypto companies did the auditor have on their books? Just GST?

If so, then this is worrying. Could the "good and proper' statement just be a get out of dodge statement allowing them to walk away?

Singapore / Chinese FinTech companies have always been dodgy as h3ll and care not for UK regulators , unless they can use the rules to their advantage

You guys are delusional. These processes take ages.

The usual rampers out frantically trying to cover their a55es as usual. Fact is the raise and now this news is a disaster for this stock

It will be at this level and around abouts until late 2026 at least

Singapore has a world class aribtration centre BUT anyone who knows anything about arbitration will tell you that it will take just 18 months just to get an initial session held

The other question is very serious. If GST knew about this announcemrnt before they raised then they are in very very deep do do with the regulators here.

What else are they not telling investors?

Jwaz - Based on your hypothesis, they've robbed holders to pay theie mates again in the most flagrant way possible under the guise of BTC Treasury. Idiots are all excited of course but something is not right here.

Raises some.serious concerns about where the money is really going

So why the F88k did they have to raise?

Why did theu onlt buy 1 BTC?

Something stinks to high heaven.

For all the 'potential' everyone spouts dailt, very strange that there have been no TR-1s from major investors either here in the UK or Singapore etc

Clearly the professional market doesn't share the sentiment that amatuer retail does but you can understand why when you see the opacity of the newsflow here.

The next results are the last chance saloon gor this company. They've been taking the mick out of johnny westerner for a little too long now and I think most investors will place it in the bottom draw.

Don't listen to the rampers. This thing is on a knife edge after the slap in the face today. People ha e had enough. All Blow No Show

Like.your ever going to find out if they do

Some BoDs are simply clueless to how the market and investors behave. Tone Loc is one of the.

Out of this depth

And if it crashes (like it often does) , company is poorer

They've now pegged the company to the BTC price and not their revenue performance (which is clearly below expectation)

That was the sentiment over on the SYME board . That worked out well for everyone

Constant stream of phantom news

Constantly changing 'strategy'

Constant stream of raises

Now gambling a raise on BTC increase as their results are obviously duff.

No defence, bo excuses. There are better companies out there, these clowns had their chance and ha e blown it for serious investors

Let's not talk about that. Investments only ever increase remember.

Company now risking/gambling raise money (not revenue) on the markets . Nothing dodgy about this at all