Blue Star Capital Share Discussion Threads

[blueblood] 02/7/2021 10:04

How long can you blame a seller. Been going on for months now!

[okspookie] 02/7/2021 09:19

Pendelum?

i thought it was Pendulum

[fairenough11] 02/7/2021 09:08

"What is going to reverse this never ending drip down?"

Maybe when the seller stops selling?Just a thought.

The fundamentals are strong,the investments are in rapidly growing sectors,so the actualities do not match the recent share price performance as someone is selling.Holding RNS could shed some light on who it is.

BUY/HOLD for me until the FACTS change.

[tonyfabrizi] 02/7/2021 08:58

Thanks for your feedback. In my opinion none of us here has any real idea of SatoshiPay's value given the current lack of news. It all depends on Pendelum and we should know whether this has been successful in the next few weeks. If we have not heard anything by end July, I will be worried! If, however, Pendelum is launched and the currency is raised then I am sure SatoshiPay will become popular again and its valuation will increase from its current low level. As others have noted, the current share is saying SatoshiPay is worth very little so if they do deliver the share price should respond very positively.

[joeblogg2] 02/7/2021 08:39

Have to agree major disappointment holding this :((

[blueblood] 02/7/2021 08:26

What a dog! What is going to reverse this never ending drip down?

[kernel_pult1] 02/7/2021 07:49

Many thanks Tony, and I agree m0riarty

I can answer how b2b is going for you by the way

Pricing structure 90%-95% cheaper than what the banks are charging = so meinhard has moronically kissed goodbye to almost all revenue

11 clients

Well it’s basically micropayments all over again.

Satoshipay never in a month of Sundays is worth £19m

Never made a bean profit

And before we get any wise cracks comparing Satoshipay to other loss making behemoths such as Snapchat / Uber, they are not even in the same ball park

[nico115] 02/7/2021 06:48

Thanks Tony Totally agree

[tonyfabrizi] 02/7/2021 06:18

I have been asked to comment on SatoshiPay. My personal view is:

1. SatoshiPay has undeniably under-performed as a business.
2. management have made a number of mistakes.
3. SatoshiPay's expertise lies in its technical capabilities.
4. SatoshiPay has the support of a major Crypto foundation, SDF, worth $7bn.
5. The recent move with Pendelum makes sense given the skill base of the company and relationship with SDF. Pendelum is also important for Dtransfer.
6. to deliver Pendelum, SatoshiPay will need to issue its own utility token which if successfully achieved will bring significant benefits to SatoshiPay.

My honestly held view is that the successful launch of Pendelum is critical to StaoshiPay's future. If Pendelum launches with a successful utility token raise then SatoshiPay is worth a lot more than £19m. If Pendelum fails then SatoshiPay is worth significantly less, possibly nothing.

What does this mean for Blue? Well if we take a pessimistic view and value SatoshiPay at zero, then with the recent fund raise by Dynasty approx £5m, Guild approx £2m, NFT, Stahler and Leaf say £750k we are around the current share price. As Nico mentioned Dynasty is probably worth Blue's market cap today already given the progress they are making. So the market is effectively already valuing SatoshiPay at zero.

On the other hand if Pendelum is launched, SatoshiPay could very easily be worth a lot more than Blue's current market cap by itself.

There is no guarantee SatoshiPay will be successful or fail. Many will look at past performance and say Meinhard and his team will fail to deliver based on past performance and that is a perfectly reasonable view to take. Others will take the view that the Pendelum opportunity plays to SatoshiPay's strengths and is their best chance yet to build a viable business. Who knows which view will prove correct, I certainly don't and nor do any of the other posters on this board. Time will tell and we probably don't have long to wait; which is why markets throw up opportunities! GLAH

[kernel_pult1] 01/7/2021 16:34

Current bid on HL is 0.14.

I begrudge putting my hand in my pocket to average down any further (average 0.16) because there is no sign of Satohipay (our biggest investment) breaking even any time soon, let alone turning a single a penny of profit.

Some of the folks on the other thread previously advised me to put my head in the sand and forget about Satoshipay.

Well ignorance is not a good emotion to mix with financial markets. If that's what they want to do when they encounter an issue then that's their prerogative, not mine. Tony F, ex CEO of BLU reads and posts on the board and with that I'm reasonably sure Derek will be aware of this board, so with that in mind too I'm happy to post my sentiment as a frustrated shareholder of almost 4 years and my dissatisfaction of how Satoshipay is being led/managed from within.

Let me be clear, I'm not bearish on BLU, but I am a critic of everything meinhard, including his management, business acumen, his cash burn management, his completely unrealistic goals and his ridiculous b2b pricing structure. Why undercut banks by 90%-95%? How is the business ever going to make any money by undercutting by that amount? It's just like when his sales pitch for micropayments all over again when he was saying he could go lower than a cent for a transaction. Hes an absolute chocolate fireguard and doesn't know what he's doing outside of the blockchain world. and BLU are currently a sitting duck within all of this.
Let me explain...
We own part of a 'for-profit' company (Satoshipay), which is constantly being propped up by a 'non-profit' company (Stellar). These grants from Stellar wont be without their caveats - Stellar will have Satoshipay carrying out all kinds of non-profit activities for that grant money. Money doesn't grow on trees. There is absolutely no incentive for Meinhard or Satoshipay to do anything 'for-profit' whilst they dance to the tune of Stellar.
The whole setup is all wrong, and if nothing changes, BLU will still be holding the baby in 6m/1y time. But all is OK for the rampers because Satoshipay mint a new company and all the past failures are forgotten about and focus turns to the new flavour of the month. Rinse and repeat. Jam again tomorrow.

I'm happy to be proven wrong - but how long have I been saying that for....? Oh yes, since my account was created, 30 September 2019.... coming up to 2 years...!

[okspookie] 01/7/2021 15:56

why are we so dull

might be something to do with the fact

that the blu price today has hit

a downwards 6 month breakout

[nico115] 01/7/2021 15:30

Why are we so dull ?Dynasty must be worth our current mkt cap alone!!Strange

[kernel_pult1] 01/7/2021 15:27

888, I will refer you back to okspookies boat analogy.

He can put it for sale for £1m, doesn't necessarily mean he's going to get that for it.

It is only worth what someone is prepared to pay for it.

As before mentioned, it's not just me who thinks Satoshipay valuation is grossly overestimated at £19m.... The market agrees with me - have you seen the share price? Lol...

Theres a simple old saying, turnover is vanity, profit is sanity.... Well we have neither turnover or profit at Satoshipay, so what does that make them?

[okspookie] 01/7/2021 15:17

how many times 888

it's only worth what some company will pay blu for it

u can quote paper valuations all day long

u can write it on a piece of bog paper

& flush it down to be toilet

it means sod all

[888icb] 01/7/2021 14:57

If you read the RNS instead of ranting you have been told the value of Satoshipay 2 days ago
In the period under review, SatoshiPay entered into an agreement with German Bankhaus von der Heydt in December 2020 to become the first user of the bank's fully compliant Euro-backed stablecoin ("EURB"), which will be integrated with DTransfer. The agreement provides SatoshiPay with a stable on- and off-ramp for EURB transactions with instant EUR-based bank transfers within the single Europe payments area.



More recently, SatoshiPay on a pre- money valuation of £19m, announced a research and development grant to assist it with building Pendulum, a suite of open, decentralised protocols on which smart contracts can be developed and executed. It is the intention for Pendulum to act as a second layer on top of Stellar, with additional bridges to two of the most popular smart contract platforms, Ethereum and Polkadot. When you work it out you will find BLU’s investment is worth £3 million more than our original investment.

[kernel_pult1] 01/7/2021 14:32

Oh here she is look!

Yes the former CEO is of course going to stick with his guns because he is the one who plunged all that money into Satoshipay in the first place. It wouldn't look very good if he went against his own decision now, would it? If anything, Meinhard gave Tony the runaround.... Just look at all those silly blockhain conventions Meinhard used to jet set off to, for what? What came of them? Absolutely nothing. It's nothing more than a lifestyle company for Meinhard, all flights and expenses paid for him to waste time and waffle on about blockchain - to people already in the blockchain space. Once the funds have been milked dry its suck up to Stellar time so they can refill the feeding bottle... rinse and repeat, whilst promising jam tomorrow and using buzz words like 'potential' and 'disruptor'.


I don't 'hate' anyone, as you put it 888. I, and the market are driven by results. In nearly 4 years of me holding this share, Meinhard has not produced a single decent result. No revenues, no profits, no major contract wins or contracted revenues, nothing, nowt, nil, nada.

Thank goodness Tony diversified into esports because had he not, who knows what price we'd be trading at right now.

I would be interested to see if Tony has any sort of response to m0riartys last two posts, especially the one about why a seat on the Satoshipay board was not negotiated at the time of investment

[888icb] 01/7/2021 13:24

Have you talked to your therapist about your irrational obsession with how bad you think Satoshipay is as a company. The board still have faith in it as does the former MD who made the original investment(but you hate them as well) and the 11 other shareholders who have stuck with it including one who bought shares and became a Director in the last couple of years to get involved with Dtransfer. BLU has always been about Satoshipay so if you didn’t like it one has to wonder why you ever bought BLU.

[kernel_pult1] 01/7/2021 11:01

It’s a race to the bottom between the share price and meinhards B2B fees, pricing himself 90%-95% lower than what traditional bank transfers charge (taken from Dtransfer website)

No wonder there’s no revenues to speak of with that diabolical pricing structure lol!

[fairenough11] 01/7/2021 07:32

Guild Esports PLC Player transfer agreed

01/07/2021 7:00am
UK Regulatory (RNS & others)

Guild Esports (LSE:GILD)


Thursday 1 July 2021

RNS Number : 8025D

Guild Esports PLC

01 July 2021

Press Release

1 July 2021

Guild Esports PLC

("Guild Esports" or "Guild" or "the Company")

Sale of Fortnite pro-player

Guild Esports (LSE: GILD), a global team organisation and lifestyle brand, is pleased to announce that it has agreed terms for the transfer of its professional Fortnite player, Tai Starčič ('TaySon'), to a Saudi Arabia-based esports team for a transfer fee of USD$115,000 .

TaySon joined Guild on a no-fee transfer contract in February 2021 that was due to expire in six months' time. He has now been released from the remaining term with the Company.

Guild's Fortnite team of European champions now consists of Henrik Mclean ('Hen'), Nikolaj Frøslev ('Flikk'), Anas El-Abd ('Anas') and Jannis Matwin ('JannisZ'). Following the transfer, the team will retain its position as the No.1-ranked Fortnite roster in Europe having held the top position in the European Fortnite Power rankings for the past six months.

Guild's roster of teams are all playing at the highest level in their respective divisions, being ranked No.1 in Europe for Fortnite, top ten in Europe for FIFA, top four in Europe for Rocket League and top five in Europe for Valorant. Most notably, with Guild's holistic training programme, the Rocket League team have climbed eight places in the European rankings since joining Guild, and all players have qualified to represent their respective countries (England and the Netherlands) in the Intel World Open, in association with the Tokyo Olympics 2020. Rocket League is one of the fastest-growing esports in terms of popularity and viewership numbers.

Kal Hourd, Chief Executive, said: "We would like to thank TaySon for his time with Guild and wish him all the best in the future. Completing this transaction demonstrates how we can monetise the value of our player talent and deliver revenue opportunities through the transfer market with players who have reached a high level in their professional development.

"Guild recently launched the Guild Academy to find and nurture new talent and is receiving incredible feedback from fans. In addition to revenue generated from the subscription-based service, top graduates of the academy will provide a pipeline of professional athletes for Guild's teams, thereby opening up further player transfer opportunities in the future."

[stoxx67] 01/7/2021 06:16

indeed spookie

BLU managed to scale the dizzy highs (sic) of 0.28 in january of this year.

since then we have been plumbing the depths.

Only Dynasty or an IPO of Satoshipay sets BLU free.

[okspookie] 01/7/2021 05:18

i haven't sold because I'm sitting on a loss

as are no doubt many long term shareholders

the fact that u keep ramping

just adds fuel to my discontent

i should have sold @0.21

when Nico told me to

& that was many blu moons ago

[888icb] 30/6/2021 23:59

If it’s a piece of poo why are you posting here. Surely you have sold any shares you had and moved on to something you think it’s worth investing in.