Blue Star Capital Share Discussion Threads

[stoxx67] 06/7/2021 16:12

Tony

"Stellar could easily fund SatoshiPay indefinitely if they believe this is in the interests of the foundation"

we, of course, are only concerned as to the interests of BLU, i do not believe i am being too overstated in suggesting we could care less about the foundation, we would much rather Satoshipay create value for BLU not the foundation and whilstever Satoshipay remains at stellars heel , what incentive is there for Satoshipay to create revenue?

"A bull market for crypto and SatoshiPay may look very attractive to a number of fintechs looking for a way into blockchain and crypto."

what has just passed Satoshipay ( BLU ) by in q4 2020 / q1 2021? we've just had the largest bull market for crypto after the bear market of 2017/2018.

your knowledge and feedback is always appreciated, but on those two points i had to offer comment

[tonyfabrizi] 06/7/2021 15:19

thanks for adding the link to RiverOtter analysis, very insightful. You have asked for my views so:

1. the 5 other esports investments should have been covered in greater detail in the latest interims. Derek Lew is very close to Jonathan Bixby and should be able to obtain an up to date view. For the moment without greater disclosure we can only assume they are worthless.

2. Guild, quoted so we can all see its current value which is about £2.3m to Blue. Blue can sell its shares in Guild in a few months if it wishes.

3. Dynasty: I believe the story is better than RiverOtter is suggesting. The last round was heavily oversubscribed. I would not be surprised if Dynasty alone equalled Blue's current market cap in 3-6 months time.

4. Sthaler: So far raised almost £15m and last valuation puts Blues shareholding around £400k. I could put forward reasons why this might be worth £1m or zero so for the moment I think the £400k is reasonable. Blue only invested £50k.

5. NFT and Leaf: Small holdings lets say £300k combined.

6. SatoshiPay: It's a red herring to talk about Pioneer's lack of shareholding in SatoshiPay implying they dont like SatoshiPay; they became shareholders at the time of esports investments and have never had an opportunity to invest in SatoshiPay or Sthaler. RiverOtter is uncertain of SatoshiPay's value, join the club! I have recently stated that in my opinion SatoshiPay needs Pendulum to work if its to make real progress. They have strong backing from Stellar and while certain posters mock this as being a negative its actually very helpful as Stellar could easily fund SatoshiPay indefinitely if they believe this is in the interests of the foundation. Meinhard gets on very well with the SDF CEO. Personally, I dont believe this will be necessary as I expect them to complete their utility token raise and this will provide all the funding needed for SatoshiPay moving forward. Does this mean Blue can exit SatoshiPay? Possibly, that will depend upon a number of factors on which we can only speculate. A bull market for crypto and SatoshiPay may look very attractive to a number of fintechs looking for a way into blockchain and crypto.

In summary, on my calculations we have SatoshiPay £5m, Guild £2.3m, Dynasty £4.5m, others including cash £1m. Total assets of £12.8m which is around 0.25p per share. If you assume zero for SatoshiPay you have net assets per share of circa 0.15p.

[doodlebug4] 06/7/2021 11:16

Definitely worth reading that analysis which highlights some interesting facts - some positives and some negatives and I wonder how many other BLU shareholders have sold out and bought into GILD, as RiverOtter has done.

[kernel_pult1] 06/7/2021 11:14

Readers won't even have to use their brains to see who has called it right about Satoshipay out of me and you all this time lol

#numpty

[888icb] 06/7/2021 11:07

You should engage the brain before operating your mouth. You have just proved my point.
Keep digging.

[kernel_pult1] 06/7/2021 10:48

Yes keen to get exposure to a company which a monster cash burn, no sign of any meaningful revenues and a clueless CEO who tweets about smoking pot.

Looks like you've been on the same stuff as him lol

Cheerio

[888icb] 06/7/2021 10:40

You are missing some important points when taking every opportunity to be negative about Satoshipay. Firstly Satoshipay predates Pioneers investments in esports although I think it does invest in blockchain. Secondly shares in Satoshipay are not available to buy. Thirdly Pioneer must be keen to get exposure to Satoshipay because they bought a 6% holding in BLU when they already have direct investment themselves in all BLU’s other investments.
Please try harder.

[kernel_pult1] 06/7/2021 10:03

Many thanks river otter,

Well that will shut the satoshipay fan boy 888icb up.

New company created almost mirroring BLU's portfolio but without the deadwood which is Satoshipay.

That itself shows how much confidence they really have in meinhard the chocolate fireguard LOL

[stoxx67] 06/7/2021 09:52

very interesting riverotter, thanks

wonder if derek is attempting to ringfence Satoshipay risk ?

YES, he most definitely should have declared holding in NFT if that is the case.

[doodlebug4] 06/7/2021 09:30

RiverOtter - thank you for that. Here's the clickable link:

[riverotter] 06/7/2021 08:41

Wanted to share some research on Blue Star...
hxxps://riverotter.co.uk/2021/07/06/blue-star-capital-shining-brightly/

Some interesting nuggets on where Dynasty eSports is going, what happened to £0.7m dished out to five other eSports investments and exactly what SatoshiPay is or isn't doing. Also, why is Pioneer Media Holdings copying Blue Star's portfolio? And should Derek Lew have announced that he had shares in NFT Investments before Blue Star invested? Read the blog post for more juicy details! :-)

Always interested in thoughts and comments, etc. Cheers.

[riverotter] 06/7/2021 08:40

Wanted to share some research on Blue Star...
hxxps://riverotter.co.uk/2021/07/06/blue-star-capital-shining-brightly/

Some interesting nuggets on where Dynasty eSports is going, what happened to £0.7m dished out to five other eSports investments and exactly what SatoshiPay is or isn't doing. Also, why is Pioneer Media Holdings copying Blue Star's portfolio? And should Derek Lew have announced that he had shares in NFT Investments before Blue Star invested? Read the blog post for more juicy details! :-)

Always interested in thoughts and comments, etc. Cheers.

[stoxx67] 06/7/2021 06:19

spookie

i am happy to stand by that, my reasoning behind those comments is sound, they were / are supporters rather than investors.

the other conflict messages had become rather nasty and unwarranted, thus my post.

thanks for your diligent research into my past posts all the same. if you wish to attempt to be smart , suggest you attempt to apply it to investment matters, which is the reason i hope you are here.

and if not , by all means return to the hazl and doodlebug thread, i have seen no meaningful investment comment from you here, merely you clashing with others.

most on here will have seen my contributions and investment reasoning , try and do the same with your next contributions spookie rather than the childish conflict you perpetuate.

i'll have a look at your next couple of posts, if they are investment related, i'll continue to read otherwise i'll just filter.


trust this clarifies.

[kernel_pult1] 06/7/2021 06:10

So, chocolate fireguards most recent tweet from 22nd June highlights Pendulum having 420 followers, which is basically him showing appreciation to the use of cannabis (google ‘420’ if you don’t believe me)

You just couldn’t make it up, a CEO of a company tweeting about and endorsing weed. And this guy wants his company to be bigger than PayPal LOL.

It wouldn’t have been so bad if he was successful but he’s fell at every single hurdle

Get rid of the clown, the sooner the better

[okspookie] 05/7/2021 18:01

"the man at the helm" is trying to save a sinking ship

it's like watching the Titanic in slow mo

despite all the hype about eSports dynasty and guild

the fact that blu has such a huge stake in SatoshiPay

which is going nowhere

will continue to drag the share price down

[kernel_pult1] 05/7/2021 17:18

The fact is, nobody would be arguing on here had Meinhard the chocolate fireguard actually done what he's being paid to do.

Tony F eludes to something happening in July - we will see but I for one won't be holding my breath.

Past performance indicates that NOTHING will happen with Satoshipay or associated companies within this calendar month.... & why should it??? Chocolate fireguard has got his R&D grant so there is absolutely zero incentive to bust his balls and produce a positive result - he can quite easily plod along for the next few months and drag things out whilst continually taking other peoples money off the table. Normally in business you get paid after fulfilling a contract with some performance related pay but not in the backwards world of non-profit Stellar.

Poor BLU and its shareholders (me included) continue to be sitting ducks - BLU seemingly can't even divest themselves of the shambles which is Satoshipay because any potential buyer who even does an ounce of research on meinhard the chocolate fireguard will see that none of his poxy projects have ever made any decent money.

Just another blockchain pipedream.

If they can't monetise any of their products, is there even any point of them being in business?

£19 million... whoever has stuck that silly valuation on Satoshipay ought to perhaps consider a career change.

I don't want to hear the words 'patience', 'potential', 'disruptor'. They are just words. We need some action, preferably from the man at the helm Derek to steer us away from this collision course we are heading towards.

[okspookie] 05/7/2021 12:04

rather hypocritical from u stoxx

u have referred to hazl & other posters on here as "mugs"& "peasants"

hardly respectful

[blueblood] 05/7/2021 11:14

Nothing positively affects BLU at moment! Must be due move out of consolidation phase anytime though!

[doodlebug4] 05/7/2021 09:31

Gild going well and heading back to the IPO listing price.

[stoxx67] 05/7/2021 06:40

no need for some of the confrontation on here , fair to say everyone is unhappy with what has (not) happened with BLU and the time it is taking for things (not) to happen.

this thread was always an alternative to the rose tinted thread run by an officious doodlebug, to provide reasoned argument for and against .

all opinions should be respected on here , whether they are perceived valid or not or whether they oppose your opinion.

we are all here to make money, BLU is not going to plan at present, most would fully accept that, we have to be patient whilst Satoshipay fate is resolved to the bull or Zero side.
Satoshipay have been given several chances over several Years and have been found wanting thus far.
this really must be last chance saloon, how much longer can a company be allowed to reinvent itself without monetisation of a product?

shouldn't really matter to BLU shareholders too much as the market has already valued Satoshipay at a big fat zero, so if you are of "glass half full" persuasion , the only way is UP , however the worst case is the status quo, from the perspective of BLU


to all intent and purpose we should know what is happening with pendulum by end of month, we can only await developments of the make or break situation for Satoshipay.

finish on a positive : ), Dynasty should provide a share price boost within 6 months, it will be overdue and well received.

[okspookie] 04/7/2021 18:59

im loving all these red tick downs

tks

ok so what are the odds on getting some positive news this week

tick up for yes

tick down for no

[okspookie] 04/7/2021 13:17

does the filter work on plusonecoin top posts?