@Caddy519@rogerhamilton Take a chill pill. He was busy reducing the float, getting earnings ready, fighting suits, partnering up with a bank, and becoming a profitable company… we are all anxious bud.
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They been busy with buybacks, earnings and lawsuits… give him a break
@Tiggersdad2@PatrickDehkordi GNS took the 9.9% Jewel Bank stake in April 2026.
Circle only received final OCC approval today July 10, 2026 after applying in June 2025.
1. If the stock fails to rise above .25 by October 1st, given the now available 20% buyback opportunity and the new AMEX proposed rule.
2. If He executes further dilution given they are now profitable, the company has positive income, should not be necessary
3. He executes a reverse split prior to buyback of the full 20%
Fair enough?
Circle getting a national trust bank charter for USDC is actually bullish for the entire regulated stablecoin and digital banking space it proves the model works and sets precedent under the GENIUS Act.
GNS was never trying to compete with Circle/USDC at scale. Their play is much narrower and education-focused: using a small stake in Jewel Bank (Bermuda digital bank) to become a Permitted Payment Stablecoin Issuer for GEMs blockchain reward tokens tied to their AI education platform. That’s a completely different niche than Circle’s global USDC infrastructure.
American Ventures being on both sides of the Jewel deal and later dumping shares was public information. GNS still closed the stake and kept executing. The fact that you’re reaching for “CRCL becoming a bank should bother you” as FUD shows how thin the negative case has become.
Circle winning doesn’t kill GNS’s plans it helps validate the regulatory path they’re on.
Even if it’s an estimate, gross profit going up almost 15x while revenue only doubled is very hard to explain with just ERL consolidation. That level of margin expansion points to real improvement after restructuring.
Calling it a “lie” because Roger has lied before is just lazy character assassination. It doesn’t change what the actual reported numbers show.
It’s a good one I’ll admit, unlike you admitting to company growth and stability.
My estimate:
Of the $1.4M increase in gross profit (from $0.1M to $1.5M), I’d guess 60-75%+ came from core GNS margin improvement, not just adding ERL.
Revenue only roughly doubled (+112%), but gross profit increased nearly 15x.
That kind of outsized gross profit growth usually means much better margins on the existing business (higher-value programs, cost cuts, restructuring), not just adding another company’s revenue.
The release specifically said growth came from “improved unit economics” and “higher-margin educational programs” after restructuring.
ERL probably added some gross profit, but it’s very unlikely it accounted for most of the $1.4M jump.
The margin expansion on the core business appears to be the bigger driver.
They didn’t give the exact split, which is why you’re stuck demanding it with no definite answer bud.
Even at “financial analysis 101,” gross profit up 978% after restructuring isn’t just adding ERL. That’s real margin improvement. You’re not schooling anyone you’re just using basic consolidation as an excuse to call every positive number a lie while ignoring what they actually reported. God you’re an idiot
Once again… They showed specific numbers revenue up 112%, gross profit up 978%, operating profit of $4.3M, and positive Adjusted EBITDA.
That’s not “nothing.” That’s actual operational data.
You’re now demanding a granular breakdown of exactly how much gross margin came from ERL versus core improvement, which they didn’t provide in the operational release.
That’s not skepticism — that’s just you moving the goalposts again because the headline numbers don’t fit your narrative.
Keep calling it all a lie. The actual reported improvement is still there whether you like the presentation or not.
Gross profit up 978% after they restructured and shifted to higher-margin programs isn’t a lie just because you keep saying it is. That kind of margin expansion doesn’t happen from simply adding ERL revenue.
As for the pro forma they showed what actually happened post-restructuring. You’re demanding a comparison they weren’t required to give because the actual reported numbers already show real improvement. Keep calling everything a lie though. It’s not making your argument stronger.
Gross profit up 978% after restructuring isn’t fake just because you say it is. Keep calling everyone rubes while you pretend massive margin expansion doesn’t count. That’s not skepticism — that’s just you being too emotionally invested in your own bullshit to accept any reality that doesn’t confirm it.
@Tiggersdad2@DiggerBG@Aaron_K_M Gross profit up 978% after restructuring and shifting to higher-margin programs. That’s real operating improvement, not just adding ERL. Your theory that he deliberately avoided pro forma to mislead people is weak as fuck.