Quantum Blockchain Techn... Share Discussion Threads

[spary1] 02/8/2022 09:15

Getting the legal cases news out the way ready for the Bitcoin update!

Funny how the non invested troll is more worried than share holders!

[atlantic57] 02/8/2022 08:57

Hello I am struggling to understand what has happened here.
In 2021 there was the suggestion that we were just about to make breakthrough announcements .Employees were incentivised with options.


It seems to have Gone very very quiet for months now.

[allenquatermain] 02/8/2022 08:55

Long RNS but no mention of any bitcoins mined

Oh well, never mind

GRINS

[stumbleupon] 02/8/2022 08:01

Good result on the court case ;0)

[spary1] 02/8/2022 07:28

Sosushi Srl (“Sosushi̶1;) UK Claim

As first announced on 2 May 2018 and following a December 2017 Sosushi’s shareholder’s meeting resolution approving the launch a claim for damages against the former directors in the Italian courts, the Company had been served with a claim in the English courts for approximately €1.7m by the former shareholders and directors of Sosushi. As subsequently announced on 21 March 2019, the Company filed a defence and counterclaim against the same former shareholders and directors of Sosushi (“Sosushi UK Claim”).


QBT is pleased to announce that the defence of the claim has been successful and the claimants have abandoned the €1.7m claim against the Company. Following an English court order enforced in Italy, the claimants have finally paid the Company approximately €77k towards legal costs sustained in defence of the claim.

Further legal costs and damages may still be awarded to the Company following a final hearing to assess the quantum of the Company’s counterclaim for, amongst other things, loss of profit in the English Courts (which remains ongoing).

Sosushi Italian Claim

As initially announced on 21 March 2019, Sosushi formally filed a claim for damages in the Italian Courts for approximately €1.03m against Sosushi’s previous management (“Sosushi Italian Claim”). This claim was subsequently acquired by the Company’s wholly owned subsidiary Clear Leisure 2017 Ltd (“CL17”) (as announced on 11 October 2019). On 1 February 2021, the Company disclosed that the Bologna Court had elected to continue the Sosushi Italian Claim through an arbitration process, with a ruling currently expected by the end of 2022.

Sipiem Claim

The claim against Sipiem’s previous board and internal audit committee (“Sipiem Claim”) held by CL17, originally valued at €10.8m and subsequently assessed by the independent court appointed third-party expert to be valued at up to €7.8m remains ongoing. Following the announcement of 5 May 2022, QBT confirms that the parties have filed their final written arguments and replies by the 25 July 2022 deadline. The Company expects the Court to pass its final judgement by the end of 2022.

Francesco Gardin, CEO and Executive Chairman of QBT, commented: “Although the Board’s main focus remains on its disruptive Bitcoin mining R&D Programme, the legal claims still represent an important asset to the Company and therefore they are dealt with extreme care.

“We are pleased with the outcome of the legal defence in the Sosushi UK Claim which proved that the claimants’ position had no merit and we look forward to the result in respect of the Sosushi UK Claim. We are also pleased with the progress and timetable of the Sipiem claim and Sosushi Italian Claim both of which are expected to conclude by the end of the year, freeing the Company from an important but time-consuming task.

“Having been so advised by its legal counsel, based on the merits of each case, the Company remains confident on the successful conclusion of the Company’s ongoing claims.”

[broomrigg] 02/8/2022 07:09

Encouraging announcement this morning :-)

[spary1] 02/8/2022 06:53

Cryptominer, asking wether you would buy shares or not is not against the law and neither is answering so I ask you again

Would you by shares in QBT

I think you have an agenda here because nobody spends all their time continually putting QBT and telling lies like you do which is against the laws you will find!

QBT have a team of 20 experts and staff as per FG has said via RNS, just because QBT RIGHTLY Doesn't name them for reasons such as any competition approaching our staff or nuts stalking them, then it doesn’t mean they don’t exist like you say, that is lying and against the law!

Before you come back with I said mining Q1, I repeated what FG said via media interview rather than pluck some statement out of thin air!

Now answer my question

[cryptominer] 01/8/2022 22:13

Spary it is not allowed by law to solicitor buy or sell a share. I can only post what I think about what a Company is doing or not doing.

[spary1] 01/8/2022 21:58

Cryptotroller, why won’t you answer the question?

Will you buy QBT shares?

[cryptominer] 01/8/2022 21:46

Allenquatermain Spary if does not like our post can also avoid to login in ADVFN.... But unluckily we will lose the Nr One Clown

[spary1] 01/8/2022 21:44

Quaterbrain, why waste so much time on an opposing view? If you don’t like the company then post on one you do like?

Obviously 9 months maliciously trolling investors and the company show you for what you really are!

[spary1] 01/8/2022 21:42

So Cryptotroller, would you ever buy shares in QBT?

Answer the question!

[allenquatermain] 01/8/2022 21:32

Hey sprat if you don’t like reading our posts why don’t you just filter us ?

DOHHHHHHHHH !

[allenquatermain] 01/8/2022 21:30

Well said cryptominer - I totally agree with you

Sprat is a control freak and wants anyone that has an alternative view to his removed

[spary1] 01/8/2022 21:19

Why won’t cryptotroller answer my post Allen?

PS, why are you stalking and trolling me Allen? Still waiting for an answer!

[spary1] 01/8/2022 20:59

Ah so Cryptotroller wants me removed because I don’t agree with his non invested trolling posts.

Cryptotroller why are you multi posting on a board on a share you have no interest in?

I’m waiting for an answer?