CP PODCAST Today 17thMayvery good, all indications are we are in business......lucky if you are locked in. This should gap up...multibag on relisting[link]
TRAC 100% GB Launch next [link] Ownership Of Goldbloc Achieved and Director/PDMR ShareholdingsLionsgold (LON: LION), the AIM quoted company focused on the exploration, production and retail application of physical gold, including the development of the digital currency Goldbloc, is pleased to report that its share-for-share offer to the other shareholders of TRAC Technology Ltd ("TRAC" has been concluded with 100% acceptance and Lionsgold is now the 100% owner of TRAC and Goldbloc.Highlights:· All TRAC shareholders accepted Lionsgold's offer and have been issued with New Ordinary Shares in Lionsgold in exchange for their TRAC shares (the "New Ordinary Shares". · TRAC is now a wholly owned subsidiary of Lionsgold and LION shall assign to TRAC its three-year exclusive right to utilise the Railsbank Technology Ltd ("Railsbank" banking and compliance platform for physical gold and gold derivatives to be transacted in customer bank accounts. · The New Ordinary Shares issued to TRAC CEO Ralph Hazell and his wife Nicola Hazell (who owned 25.63% of TRAC), as well as New Ordinary Shares issued to Liongold's CEO Cameron Parry (5% of TRAC), are subject to a six month hard lock-in period. · Lionsgold's 100% ownership of TRAC together with its 12.5% ownership of Railsbank, sees the Company achieve its targeted equity positions in the lead up to the release of Goldbloc -scheduled for this quarter. Lionsgold Non-Executive Chairman, David Price, commented: "We are delighted to report that Lionsgold is now the 100% owner of TRAC and Goldbloc, and we welcome those TRAC shareholders who have become Lionsgold shareholders. Together with Lionsgold's 12.5% ownership of Railsbank and the recent appointment of LION CEO Cameron Parry to the Railsbank board, we believe Lionsgold's position is optimised for the rollout of Goldbloc and maximised for the benefit of all LION shareholders."Details of the Issue of LION shares for TRAC shares All TRAC Shareholders accepted the Offer prior to the Offer close at 5.00 p.m. on Friday 20 April 2018.Lionsgold has therefore allotted a total of 57,995,304 New Ordinary Shares in Lionsgold to the shareholders of TRAC who held the remaining 1,032 (45%) TRAC shares not already owned by Lionsgold. 39,506,491 of the New Ordinary Shares will be subject to a six month hard lock-in. Application will be made for the New Ordinary Shares to be admitted to trading on AIM, which is expected to take place on 27 April 2018. The New Ordinary Shares will rank pari passu with existing ordinary shares. TRAC CEO Ralph Hazell together with his wife Nicola Hazell, as well as LION CEO Cameron Parry have agreed to enter into a six month hard lock-in period from the date of admission to trading of their New Ordinary Shares in Lionsgold issued in exchange for their 25.63%, 3.18% and 5.0% TRAC shareholdings respectively.
Hidden Gem I emailed this issue to CP but had no reply, so here's it is for all of you.---------- ---------- ---------- Everyone has their reason to be invested here.My sole reason is "Inward Remittances"Those not familiar with economics or macro global transactions,First please see last year's global Inward Remittances report.Then see India's share = over 60 Billion USD last year.This has led Western Union, Money Transfer and PayPal to shine. New players get added to inward remittance market. National Banks or bigger institutions are costly for ordinary man.This allows Western Union etc to charge around £10 per transaction + spread on Forex.---------- ---------- ---------- ---------- --So, what Goldbloc needs to do to swallow 60Billion USD Market ?Not much if you ask me.Why ?Goldbloc card is pre-loaded Debit card No credit risk when given to millions.Overseas Indians just need to download the app.Buy Goldbloc and transfer it to who-ever in India.Recipient in India doesnt have to hassle with ID or anything.With Mastercard they can spend straight away.Remember we have bloc-chain - makes it a minute's job.Give cheaper transaction fee - or none to begin with to entice masses.No hassle of Forex at all.LIONSGOLD will not have to hedge against forex prices.---------- ---------- -------One hindrance I can think of and I dont have answer yet,How easy would it be for people to with draw cash from their debit card.---------- ---------- -------This will make millions for my investment in LIONSGOLDI didnt put my money cause goldbloc will go up or goldmine will produce gold etc.etc.etc.PS.This is only and only the individual transactions.LIONSGOLD can easily become Commercial Transaction leader in India.Anyone interested I can share boring details.
read......... 0:20+000-xxx5105('Lionsgold'," target="blank" rel="nofollow">[link] 'LION' or the 'Company')Banking Platform Ownership and Gold Exclusive SecuredLionsgold (LON: LION), the AIM quoted company focused onthe exploration, production and retail application of physical gold, including thedevelopment of the Goldbloc digital currency, announces that it has completed its due diligence and will proceed with its planned investment into global banking and compliance platform provider, Railsbank Technology Limited ('Railsbank').Highlights:· Lionsgold confirms investment amount of £1.271 million from existing funds to acquire 12.5% of Railsbank, on a fully diluted basis, on completion of Railsbank's current pre-Series A funding round.· Demonstrating management's belief in the viability and potential value of Railsbank and its underlying technology, concurrently with Lionsgold's investment, LION CEO Cameron Parry and TRAC Technology CEO Ralph Hazell to co-invest £125,000 and £50,000 respectively in Railsbank on the same terms as Lionsgold.· proceeding with the 12.5% equity investment, Lionsgold (or its subsidiary nominee) has gained exclusive access to Railsbank's banking platform in relation to deposits, currencies, tokens and any other products connected with physical gold or gold derivatives, for a period of three years.· Lionsgold CEO, Cameron Parry to be appointed to the board of Railsbank as a Non-Executive Director.· Since the announcement of Binding Heads of Agreement ('BHA') on 18 January 2018, Railsbank has announced it has entered into an agreement with business to business card issuer, Cornercard UK, to see Mastercard debit cards issued in connection with bank accounts provided through the Railsbank platform.Lionsgold Chief Executive Officer, Cameron Parry, commented: 'Lionsgold is delighted to confirm that the Company has completed its due diligence process and is proceeding with its investment, funded from exisiting cash resources, to acquire 12.5% of Railsbank and secure the exclusive use of their banking and compliance platform for physical gold and gold derivatives to be held within bank accounts.'This transaction is fundamentally important for LION and was a key strategy and priority to complete in the lead up to the release of its digital gold currency Goldbloc; scheduled for launch during next quarter with a mobile phone banking app and attaching Mastercard debit card.'We look forward to providing further updates over the coming weeks.'Terms of Equity Investment and Exclusivity for GoldLionsgold and Railsbank entered into a binding heads of terms on 18 January 2018. Under the BHA Lionsgold was to invest £1.25 million for 128,640 new ordinary shares in Railsbank, representing a 12.5% equity stake on a fully diluted basis on completion of Railsbank's current funding round.Lionsgold had an exclusive 30 day due diligence period and having completed its due diligence, LION is completing the subscription with payment being made over the next five business days.Due to oversubscriptions to enable additional strategic investment in the round, Lionsgold has agreed to invest a total of £1,270,996.68 for 130,800 ordinary shares in Railsbank to hold a 12.5% equity interest on a fully diluted basis upon the closing of this pre-Series A funding round.Upon deal completion, Cameron Parry, Lionsgold CEO, will be appointed to the board of Railsbank as a Non-Executive Director.As part of its cornerstone investment, Lionsgold (or its subsidiary nominee) has secured the exclusive rights to access Railsbank's banking platform in relation to deposits, currencies, tokens and products connected with physical gold or gold derivatives, for a period of three years from date of subscription completion.Lionsgold shall be entitled to pre-emption rights in relation to any new issue of shares by Railsbank. for such time as LION
Rumblings of HSBC tie up in Asia Nigel Verdon [link] Life£s a pitch, but Mastercard is here to help. See how the @MAStartpath program is helping start-ups navigate a world without boundaries with its unparalleled expertise, reach & reputation. #M2020Asia #MastercardInnovates #LiveWithoutBoundaries [link]
NEW ARTICLE: Here's where this small-cap could rebound "Lionsgold (LSE:LION)A few emails, plus the urge to mock the US dentist who assassinated a lion, inspired a look at LSE:LION:Lionsgold.There's little doubt the share price is spending too much time in front of gun fanatics as had it been permitted ..."[link]
NEW ARTICLE: Trends and Targets for 14/03/2018 " LIONSGOLD (LSE:LION) A few emails, plus the urge to mock the US dentist who assassinated a lion, inspired a look at this mob. There's little doubt the share price is spending too much time in front of gun fanatics as had it been permitted to ..."[link]
Re: SP 3-5 Sub 3p Achieved0.0298, could go well down but cant be too greedy.Buying 50,000 LIONSGOLD LIMITED ORD NPV (LION)Status:ExecutedPlaced at:12:57:58 27/02/18Price:£0.0298Order Type:MarketCost £1490.00 + £10.00 Comission
Re: SP 3-5 Sub 3P approachingGreat Entry point approachesDO NOT PUT more than £5K
Re: SP 3-5 Total outstanding shares by end of month = 447,941,264 = 447.941264 million.Assuming SP 4p per share by end of month.Do your valuation at 4p Still short of a Billion Cap.Miles to go before we sleep.However park a grand in this stock
Re: SP 3-5 Pending due diligence and listing in India - if and its a big if this takes off it can dismantle the gold market and create inflated gold price risking Indian economy.Unless Indian administration/govt/establishment is behind this - it wont go furtherIndia isnt developed for its govt to gain from such momentum.Put your spare few grands in LION - keep your eyes open and see what happensIt could blow beyond expectations, fingers crossed
Re: SP 3-5 Still dont see it going past 3-5p - launch is not imminent and now a buy-out looks favourable.
Gold & Silver / Asset Backed Cryptocurrencies Will Be the Future [link]
Re: Share Talk Saturday 10 February Presentation: [link]
Re: Share Talk Saturday 10 February [link] going tomorrow?