54 days ago
If the name sounds familiar that was because it was formerly called Roundhouse Digital Limited. The name change reflects its pivot from the previous hot sector of crypto to the current hot sector of artificial intelligence. Michael Edwards and his daughter Olivia Edwards were both previously directors and the Chairman is Matthew Lodge also involved at Satsuma Technology (SATS) and previously King Tide Carbon, the curing global warming with seaweed enterprise, which had a tie up with pot play Cellular Goods.
265 days ago
Satsuma (SATS) shares are now just 0.28p giving a market cap of £31.4 million but it holds bitcoin and cash of £50 million. So why are the shares tumbling and what should the company do?
458 days ago
Sadly my pals at the Financial Reporting Council do not look at Q1 and Q3 results statements even if like those of Satsuma (SATS) they drive a coach and horses through IFRS rules and are thus gossly misleading. The FRC has written to me with this bad news but it says that it has passed the matter onto the FCA and clearly Satsuma is now on notice that it will have to restate Q1s when it publises half year numbers. Against that backdrop how on earth can it continue wth its current £100 million fund raise? Answers on a postcard to the Chocolate Teapots at the FCA. The FRC writes to me.