Blue Star Capital Share Discussion Threads

[cybernest53] 02/12/2017 01:46

Oh and while I'm here, a question on another rumour... this constant mentioning of an imminent RTO.

IF an RTO is about to happen, why would SatoshiPay need the loan and why would Blue Star go to all this bother?

"Blue Star may elect to redeem the LNs early in full upon completion by SatoshiPay of a fundraising in excess of €750,000 or in the event of certain circumstances including SatoshiPay being in financial distress.
Blue Star may also convert the outstanding LN into fully paid ordinary shares in SatoshiPay ("SatoshiPay Shares") in the event that:
i. SatoshiPay completes a fundraising of at least €750,000; or
ii. in the event of a change of control of SatoshiPay; or
iii. at any time after 30 June 2018."

Doesn't seem to make sense to me... but you may know different. In which case please explain... Thanks!

[cybernest53] 02/12/2017 01:35

Re questions raised here recently about filed accounts... or more precisely, not filed. In case anyone missed this exchange:

@steveclark24 Nov 29 @SatoshiPay
IC u have the First Gazette for compulsory strike off at cos house. I know it happens but looks bad. Are the accounts that difficult?


@SatoshiPay Replying to @steveclark24
Our accounts have been filed, and we are waiting for the Companies House website to reflect this. A First Gazette notice was never issued.
9:03 PM - 1 Dec 2017

Never doubted it personally!

[oakville] 01/12/2017 22:36

Next week could be a real game changer !!

[doodlebug4] 01/12/2017 22:32

SatoshiPay Retweeted

meinhard‏
@meinharrd
2h2 hours ago

WOW! we've got company. 8 @ibm validators just showed up on @StellarOrg network dashboard 😎

[comedy] 01/12/2017 21:43

hence you can guess what is happening..satoshipay need to rto in to blu asap as our share price is disconnected from our true value...at same time coin need to get 85mil shares in blu via options to exercise at 0.6p to 0.8p so need share price to cross over that point b4 rto...

so 3 groups with different strategies to help their positions to get as big a slice of the cake as possible of satoshipay before the masses descend!!!

[comedy] 01/12/2017 21:39

vela was 0.25p when i was telling guys to buy...but when did they buy when it cracked past 0.5p...and it jumped 0.25p from 0.3p zone to over 0.5p zone in 1 day...ie the whole market cap was done in a day when people realised the value of vela!!!


blu should be minimum between 1p to 2p at moment...coin will want to get their options exercised and be in profit so 0.6p and 0.8p need to be cracked past to 1.5p???

the higher blu m/cap we are the less shares we need to give to the satoshi shareholders ie it is in our favour share price to be as high as possible less dilution to us....

the reverse is true for satoshi shareholders(of the % we dont hold)...they need share price off blu to be as low as possible so they can get a bigger pie of blu on rto!!!!

[ny boy] 01/12/2017 21:36

I’m holding, no rush to sell this year, let’s see how the story unfolds 1p+ over the short term imho

[comedy] 01/12/2017 21:35

blu at moment isnt even value at what it is worth with its investments in DTL and fingopay not to mention satoshipay!!!

[comedy] 01/12/2017 21:35

plmo got a wack stuck in that as we rto ...and issue 50bill i repeat 50bill shares to rto securlinx!!!!

[comedy] 01/12/2017 21:33

to acquire SecurLinx through the issuance of 50,981,941,743 new ordinary shares of 0.01p each in the Company (the "Ordinary Shares") at an issue price of 0.035p per Ordinary Share (the "Consideration Shares") with a value of GBP17,843,680 (the "Acquisition").

[comedy] 01/12/2017 21:33

Under the terms of the Agreement, the Company has been assigned the rights under an Option Agreement, to acquire SecurLinx through the issuance of 50,981,941,743 new ordinary shares of 0.01p each in the Company (the "Ordinary Shares") at an issue price of 0.035p per Ordinary Share (the "Consideration Shares") with a value of GBP17,843,680 (the "Acquisition").

[comedy] 01/12/2017 21:32

08 September 2017

7.30am 8 September 2017

Polemos Plc

("Polemos" or the "Company")

Potential Acquisition

Suspension of trading on AIM

Polemos is pleased to announce that it has entered into an agreement (the "Agreement") assigning to the Company the benefit of a binding term sheet to acquire 100% of the issued share capital of SecurLinx Corporation ("SecurLinx"), a US based cyber security company.

Under the terms of the Agreement, the Company has been assigned the rights under an Option Agreement, to acquire SecurLinx through the issuance of 50,981,941,743 new ordinary shares of 0.01p each in the Company (the "Ordinary Shares") at an issue price of 0.035p per Ordinary Share (the "Consideration Shares") with a value of GBP17,843,680 (the "Acquisition"). Under the Agreement, the Company has also agreed to advance a loan to SecurLinx, totalling US$500,000 (the "Loan"), payable in two tranches; the initial tranche of US$300,000 being due on signing of the Agreement and the second tranche to follow within 21 days. The Loan is convertible into 1,326,794 ordinary shares in SecurLinx representing 3.21% of the company's fully diluted share capital, bears interest at 2% per annum and is repayable on 24 August 2018. The Company expects SecurLinx to use the Loan funds to convert sales targets and secure new customers to grow its business.

[thegrumpster] 01/12/2017 21:31

As a well over 30% holder, BLU has first dibs on Satoshipay if it lists in the UK, or someone else wants it with the intention of listing it in the UK?
As I read it.

[comedy] 01/12/2017 21:30

that is the value last sept 2016...and a year forward we have over 30% in a $billion dollar co. potentially and share price hasnt moved???lol

we have dtl dispoal too bring in income to us and fingopay too...

with coins options at 0.6p and 0.8p that will raise a further 3600k plus for us ...

bear in mind the higher the value in blu the easier it us to get satoshipay with less dilution to current holders in blu!!!!

[comedy] 01/12/2017 21:28

Disruptive Tech Limited (“DTL”)
Blue Star holds a 2.1% investment in DTL, an investing company with five investments including a 38%
holding in VNU Group LLC (“VNU”) a speciality online direct retailer of premium goods paid for through
an instant credit facility. VNU launched its sales website, Emporium.com (“EmporiumR21;), in April 2016
and has performed well in its initial trading.
The carrying value of DTL at 31 March 2016 was £1.6 million and DTL has been carried at this value
since 31 March 2014. The Directors will provide further updates in respect to its investment in DTL in
due course.
Sthaler Limited ("Sthaler")
The Company's investment in Sthaler is performing in line with Sthaler’s managements expectations.
The first commercial application of the Fingopay solution is expected to go live this month with a further
launch planned for later this year In addition, Sthaler continues to attract larger merchants and payment
providers and hopes to announce a major deal within the next six months, however, there can be no
guarantee that this will occur.
Assuming there are no other changes to the carrying values of the other investments at this time, the
impact of the write down noted above in respect to Oak is minimal with a revised overall net asset value
for Blue Star of £1.8 million, equivalent to approximately 0.36p per share.

[oakville] 01/12/2017 21:24

Let the day traders make their 5% here and there. We all want to make money but when this 10 bags people will be wishing they had held.

[oakville] 01/12/2017 21:21

I have stated in the past that anything under 0.5 is a steal !!

[comedy] 01/12/2017 21:21

wake up coin have options at 0.6p and 0.8p. tony f has delivered a side winder missile by sneaking another 3.8% satoshipay for 200k in euros...at same time the share price has now stabilised and meinhard telling us stellar use starting dec 7th fact!!!

coin need to get their 85mill shares in blu b4 we rto. and they need to get them b4 the door is locked on them.
the 6666667 looks like a sale...

todays news shows we are on commercial steps now...publishers we have the question is who will meinhard name to the investing community???

he has a list of 1000 to choose from...get ready for the 1p party this month:)

[molatovkid] 01/12/2017 21:15

Blockchain technology is not a dirty word and we should remember that....it would appear to be the future and with the worlds banks getting behind it, I dont see it going away anytime soon

[thegrumpster] 01/12/2017 21:01

"2ap...from the way I read it, without blockchain technology there is no Satoshipay, as blockchain is the technology behind cryptocurrency and these new payment technologies- so that makes me right and you wrong!



'Working with IOTA has been extremely helpful to position us at the forefront of blockchain and Distributed Ledger Tech innovation, and has given us exposure to new potential clients for our web nanopayment product.'"




Satoshipay works with Paypal. That's with any normal FIAT currency that Paypal works with. (That's my understanding anyway)

It works with Stellar, and other blockchain based cryptocurrencies. So it is probably fair comment to say that it is the latest blockchain thing on the (AIM)stockmarket, through BLU.

It also works with IOTA and its non blockchain "Tangle", which IMO will be very popular with German industries amongst others. IMO. Fast, free, scalable....what is not to like?

It also works with Paypal, so even if cryptocurrencies bomb, or become exceedingly volatile, Satoshipay can still expect to get good revenues from conventional currencies, even if that has to be through a made up token to make the micropayments more practical.

The best of all worlds. Which certainly IMO includes the "works with blockchain" suggestion. And that is the blockchain underlying technology as well as the blockchain currencies. And by the sound of it potentially it could work with everything else.

[comedy] 01/12/2017 20:50

yep mkid he brought up mastercard himself with no question or prompting!!!

[comedy] 01/12/2017 20:49

so launch confirmed for 7th
visa and mastercard coming soon
1000 clients
lumens too volatile going forwards
Skipped public company question

copied lse synopsis

[comedy] 01/12/2017 20:47

(me) "Hello Meinhard £ can you please confirm you already have clients secured wishing to use SatoshiPay£s technology? Note that is £already secured£ not £trying to secure£. Adoption is obviously so important so just keen to understand this. Thanks

(meinhard) "Yes, we have secured some clients for pilot projects. And let's not forget about the 1000 publisher signups that we have had over the last year or so. We will actively reach out to them an let them know about our improvements."

Great to hear. I'm of the view developing great tech is one thing but ultimately adoption is everything. Someone needs to be paying you to use it! Fantastic to read this!

£££;££££££££££!!!

from lse!!! 1000 publishers in contact already with satoshipay...watch this space

[molatovkid] 01/12/2017 20:46

Interesting. A Visa and Mastercard link up bodes well...