IPO RNS due here

Interview https://www.youtube.com/watch?v=RUgSPEHC4Ik

I've bought a few today to stick in my drawer for a while!

Hi Kim & spook welcome aboard.

12 July 17

Blue Star Capital PLC Q&A: Further Investment in SatoshiPay (LON:BLU)
Posted by: Amilia Stone 12th July 2017

Blue Star Capital PLC (LON:BLU) Chief Executive Officer Tony Fabrizi caught up with DirectorsTalk for an exclusive interview to discuss the further investment in SatoshiPay

Q1: Now, you’ve bought shares in SatoshiPay on 3 occasions and unusually, on 2 occasions from existing shareholders. Why are you so keen when others appear to be willing to sell?
A1: Our view is that SatoshiPay has the potential to be a very large company, we, obviously, have acquired shares now from willing sellers so they’ll obviously have a slightly different view from us. We’re very much of the opinion that SatoshiPay and the market is focussing on nanopayments and the sector is potentially a huge one, there’s nothing we can see competing directly with them at the moment. If they’re successful, which we believe they hopefully will be, then we believe SatoshiPay have significant value and we’re delighted to have bought more shares in SatoshiPay at the same valuation that we acquired them 6 months ago.

Q2: Does that mean that you’ll be buying more shares in SatoshiPay?
A2: I think, in the foreseeable future, it’ll be difficult for us to acquire anymore share in SatoshiPay for a couple of technical reasons. One is under the AIM rules, we’re probably prohibited from buying anymore, we’ve acquired stakes on 3 occasions in SatoshiPay so I think that’s probably a limit under the AIM rules for us. Obviously, if we do other things then we may be able to buy more shares in SatoshiPay, obviously there’s always the possibility at some point in the future that SatoshiPay may be reversed into Blue Star Capital so we’re very happy with the current position.

Q3: You’ve granted over 110 million warrants, why was that?
A3: Yes, we’ve actually granted 110 million warrants and the bulk of those were given to Coinsilium as part of the consideration that we paid. The reasoning for that, from their side, was an anti-embarrassment clause that they wanted, they can obviously see that although they were happy to sell the shares, they could obviously see that SatoshiPay had the potential and they felt it was important to them to get some protection if SatoshiPay could prove to be a very successful business. So, the warrants give them that protection and equally from our side, there was a 300% premium, a 200% premium to the current placing price so additional cash into Blue Star Capital PLC and they have a limited life as well. There were some warrants issued to myself, as CEO there is an option scheme in the company and it was felt, given the work I’d done over the last 2 years, that is was appropriate for me to get some warrants as well.

Https://www.directorstalkinterviews.com/blue-star-capital-plc-qa-investment-satoshipay-lonblu/412731766

Cheers Driver!

Thanks driver.
That's an interesting interview.

Looking strong.
Could be the last chance to get in below 0.3p

Spook
You cant tell with this one traders bail on Fri, but they should be accumulating if it holds we will see the next step up.

SatoshiPay Nanopayment Technology Launches in Beta

https://www.cryptocoinsnews.com/satoshipay-nanopayment-technology-launches-beta/

For anyone into charts fingers has just posted an interesting BLU chart on his thread on ad..n
Would copy it here but don't think it's allowed.

Spook

Cheers, bought another 1m

Good buying today not much bailing so looking good for next week.

Try it out I purchased 200k Satoshi for about £3.50 it works very well and easy to use..


See for yourself how the SatoshiPay payment mechanism works right here..

https://satoshipay.io/

Q&A with Anthony Fabrizi Chief Executive Officer at Blue Star Capital PLC (LON:BLU)
Blue Star Capital PLC (LON:BLU) Chief Executive Officer Anthony Fabrizi caught up with DirectorsTalk for an exclusive interview to discuss their re-investment in SatoshiPay

Q1: Now Tony, you’ve announced this morning that FastForward no longer have an interest in the ordinary shares of the company, can you share your thoughts with us regarding the reason for the FastForward stake change?
A1: Yes, as you will be aware, some weeks ago Blue Star issued shares in its self to acquire another 10% of SatoshiPay and FastForward bought those shares, or took those shares for their stake and we arranged at that time a lock-in period of 9 months and an orderly dispose of those shares every quarter. Our view, as a Board, was that the arrangement in place while we felt they were in the best interest at the time actually led to a slightly depressed share price and from the levels we expected, post the SatoshiPay announcement. So, I think it was in our interest and our shareholders interest to try and place that stock out earlier rather than leave that 9-month period of overhang and I’m delighted to say that was all completed yesterday and we now have a number of new shareholders and FastForward no longer had a shareholding in Blue Star Capital.

Q2: Are there any plans for Blue Star capital to buy more shares in SatoshiPay?
A2: Well, we have 3 investments and SatoshiPay, now in terms of value, is nearly our largest so our shareholding in DTL is still larger in value. We’ve bought into SatoshiPay over the last 3 months so obviously, you can gather from that that we like the stock and we like the story. We’re a small company, as you know, so there is a limit on how much we can buy and I think having bought 20% in a relatively short period of time we’d like now to see some progress in the company before we increase our stake further, that’d be wise. Longer term, we believe that SatoshiPay has extremely good potential and certainly, at a later date, we certainly might be interested in buying more.

Q3: Talking of progress, how are SatoshiPay doing? Can you update us there?
A3: Yes, I speak to the management on a very regular basis. They are making good progress, the key development that we’re waiting for is for an ability to take credit cards and PayPal onto clients of SatoshiPay so they can actually use those payment methods rather than having to use bitcoins. Obviously, bitcoins are still not widely used, a lot of people obviously are concerned about using such instruments and also their value’s very high so it does limit the market. Once you get down to being able to deposit £10 through your credit card or your PayPal account, the market is completely different and I think that’s a major development for the company. So, we’re waiting for that, that’s been progressing very well over the last 6 months, they did a trial with Visa Collab which went very well so we’re very hopeful we’re have some news on that and I think that will be a game-changer for the company.

Thanks driver v interesting.
Answer to Q3 and the last 2 sentences in particular are key.

Yes looking good here for next week, I hope I topped up Fri at .34.

Announcement tomorrow.

SatoshiPay‏ @SatoshiPay 42m
More
🥁 +++ Big announcement coming up tomorrow +++ Stay tuned +++

meinhard Retweeted
SatoshiPay‏ @SatoshiPay 43m43 minutes ago
More
🥁 +++ Big announcement coming up tomorrow +++ Stay tuned +++

News as expected..

Update on SatoshiPay

Blue Star Capital plc (AIM: BLU), the investing company with a focus on new technologies, is pleased to announce that its investee company, SatoshiPay Ltd ("SatoshiPay"), a UK incorporated private nanopayment software and blockchain company in which Blue Star owns approximately 19 per cent of the equity (expected to increase to 31 per cent subject to completion of the further investment in SatoshiPay announced by the Company on 4 July 2017), has agreed a proof of concept project with the IOTA Foundation to explore replacing Bitcoin with an alternative cryptocurrency, IOTA, as SatoshiPay's settlement network ("Project").



http://www.moneyam.com/action/news/showArticle?id=5586524

IOTA — The Winner Takes it All

https://satoshiwatch.com/coins/iota/in-depth/iota-the-winner-takes/

Thanks for the info driver.
Good news about IOTA. No transaction fees and the move away from Bitcoin is good.
Meinhard Benn is a step in front of the chasing pack.

Yes looking very good here, may do a new thread latter.

A new thread would be great.
Chart in the header perhaps?
The more I research this the better it looks.