Techfinancials Share Discussion Threads

[guyswonga74] 06/1/2018 10:50

That's true, I suspect we will get it monday. Does offer the opportunity for those not yet in to buy in a lot cheaper then 34p

[fairenough11] 06/1/2018 10:38

Delay in itself doesn't bother me as I don't TTtrade and choose my own timescales for buys/sells.My shares remain intact.What does bother me though is significant news not being announced to shareholders,it's unacceptable.

I'd like to know what was behind the decision not to tell TECH shareholders of this delay?

Simple question.

[guyswonga74] 06/1/2018 08:34

Naturally the short term pain and seeing my holding heavily in the red is very disappointing. I have started to average down, rather then sell at a loss, or sell and buy cheaper which I darn do as my timings of late have been lousy. Money tied up for 2 months which is annoying, however this should rise way past the year high in march now 50% of the coins will be pre sold and with the Japanese market involved.

[jp1962] 05/1/2018 23:03

This should have been coordinated with Tech and released in an RNS as well as to the cedex community simultaneously

[saw89] 05/1/2018 22:59

Hmm there was some chunky sells during this week so something smells off to me.

Prospects remain the same long-term but releasing price sensitive information in this way is simply unacceptable to shareholders in my view.

Dissapointed they need to sort this out pronto.

[euclid5] 05/1/2018 21:48

Japan’s regulated climate is far friendlier for bitcoin and cryptocurrency startups, Kawabata claimed.
The Japanese bitcoin executive added:

If Chinese tokens can meet the criteria that exchanges will set, Japan will be a great place to list tokens.
Coincheck’s chief executive separately added that the exchange is scrutinizing the new flurry of requests while being ‘very careful’ about accepting them.

“Thorough due diligence is essential to make sure if the ICO is reliable,” he added while revealing that the exchange is working on a clear set of guidelines and criteria for listing new tokens on its exchange.

Data from Cryptocompare shows Japanese markets overseeing nearly 60% of the global bitcoin trading, demonstrating the emergence and establishment of Japan as a major bitcoin hub.

hxxps://www.ccn.com/china-ico-ban-sees-startups-japan-bound-token-listings/
_ ______________ _________________ ________________________________

Japan has evolved into a powerhouse in the global bitcoin and cryptocurrency markets. The country’s largest electronics retailers, airlines, hotels, and store chains have already integrated bitcoin as a payment method and have used the cryptocurrency for many months. In terms of mainstream adoption, no other region in the world comes close to Japan.

hxxps://www.ccn.com/bitcoin-ethereum-price-recover-korea-ico-ban-japan-licenses-exchanges/

[euclid5] 05/1/2018 21:31

Cedex.com

Favourite Q&A section

Public Token sale will offer 50m Tokens for 100,000 Ethe and 25m in the Pre sale

Quick calcs:

100,000 Eth x $1k = $100m

Cedex keep $23m - and Cedex business gets $77m or approx £55m

Quite a large amount of they pull this off

hxxps://cedex.com/faq

[tomboyb] 05/1/2018 20:02

I will also add the cryto market is getting a lot of traders monies out of the stock market and into its own -

Not really comparable at the moment but its getting busier in the cryto world -

Very very few blockchain companies out there as listed entities -

[tomboyb] 05/1/2018 19:49

Whether we like or not jp this market looks is for trading -

There was weakness at the end of the day with 100k on offer at 24.4p -

I personally don't need to sell this using trading monies elsewhere -

[jp1962] 05/1/2018 19:41

I agree with you and hope to get back in if this falls further

[tomboyb] 05/1/2018 19:38

Yep -

Think a bit disappointed with that -

I think 9 weeks in this market for some is too long and would rather invest / trade elsewhere -

I do think however that the Japanese market is going to be quite big for CEDEX -

[jp1962] 05/1/2018 19:32

Whilst I still think this an excellent investment long term I wonder why they only announced news of delay today when they knew the new Japanese regulations 10 days ago. They could have informed the market sooner

[guyswonga74] 05/1/2018 19:16

Time to average down in my case and for a lot of you another chance to average up

[muffster] 05/1/2018 18:27

Mifid II regs most probably. V encouraging

[muffster] 05/1/2018 18:26

Think all have overlooked thisRonen Priewer - CEDEX:Hi, the Japanese regulator has announced new ICO policy exactly 10 days ago! We intend to become the first international company to register in accordance to FSA new regulations.

[tomboyb] 05/1/2018 18:08

I think quite a few sold considering the change in launch time -

I still think they should of RNSed if they were going to delay -

To find out on twitter is not the greatest respect for shareholders -

However prospects are indeed excellent -

[guyswonga74] 05/1/2018 17:26

Decided to buy on significant dips. Bought at 24.9 and 23.5 will do same on Mondays trading. Hate delays on AIM but Euclid’s post about revenue in is quite sobering. January sales here!

[euclid5] 05/1/2018 16:51

From the below news - simple calcs tell us they will raise 25m Cedex tokens divided by 500 (1 Ether = 500 coins)

50,000 Ether's x $1000 = $50m received in the Pre Sale

Balance of 25m after could raise another $50m - as limited tokens in issue, i.e 25m only

Pre sale funds could equal £37m alone - Public sale another £37m = £74m

Sticking to £37m x 92% Tech's holding = £34m - or £68m in the Public sale total funds received

Either way just the pre sale of $50m is very good inded

"This has lead us to increase the sale amount to 50%, presenting a new opportunity for public investors, as 25,000,000 CEDEX Coins out of the 50,000,000 total publicly offered tokens will be available in the pre-sale"

[jp1962] 05/1/2018 16:38

Some of them were mine I have to say and it was down tobpure luck to buy other stuff.Was down to my last 50K and sold straight after I heard the news at 25p .Excellent prospects still but will buy back in on further retrace

[tomboyb] 05/1/2018 16:00

There have been big sales going through over the last few days -

This info is price sensitive -

An RNS would of been better although the picture still remains be same albeit better but delayed -

[fairenough11] 05/1/2018 15:51

TECH should have released an RNS.Are they all asleep?

[tomboyb] 05/1/2018 15:25

I think rather than twitter an RNS probably should be been issued for CEDEX delay -

Most were not even aware of the delay -

[guyswonga74] 05/1/2018 15:01

Yep got my newsletter also. I wonder what price ETH will be mid March?

[euclid5] 05/1/2018 14:52

Positive points from Cedex:

Due to high demand, new opportunities and regulatory developments, the pre-sale will be increased to 50%

There has been extremely high interest in CEDEX Coin on the token sale whitelist and from SAFT contributions. From that, it became apparent that a 20% token pre-sale would likely fall well short of meeting the total demand. As a result, we have decided to increase the sale amount to 50%.

Japan has long been a leader in cryptocurrency adoption and investment and represents a major potential market for CEDEX. As such, we felt obligated to our partners and participants to reschedule the pre-sale in order to accommodate the Japanese market.

hxxps://cedex.com/img/CEDEX%20_PR.pdf