RE: What average price are the directors in at22 May 2026 11:36
My views and responses:
A company with a share issue WAY above normal levels and who keep diluting the share, giving themselves free of heavily discounted shares.
What do you deem as WAY over normal levels? What is normal levels? – Look at GGP their journey and how much dilution they had to get to the point where they are today. Small Caps often experience dilution, but the dilution doesn’t always mean foul play, it is necessary. I once again iterate I was never happy with the most recent raise. However, the previous raise undertaken by Gary / James, they brought shares at 5p rather than 3.5p which was the trading price. How often to you see companies on AIM raise at a premium? Furthermore, recent TR1 says they haven’t sold any shares. Own 20%, so if we go down they go down too. Jamie has invested £4.5m on this to date, why?
A company that doesn't have any revenue, and never has meaningfully, but makes bold (but always changing) claims about transforming an entire industry. Transformation such a beautiful word. It can be slow, hard and difficult but when the masses join it can really feel like true accomplishment. We are at the start of tokenisation of RWAs and finance systems. We will learn. Its good to see we are in early. We have two core record of revenue. £1m Wageen and £134k reported in Q4 of last year. That’s higher than the previous 4 years I have been in VLRM. Deals take time. Companies / people don’t part with money easily. You have to build relationships and it all takes time.
A company where there are basically no employees beyond the BOD, who are doing very well in salary and shares despite a complete lack of any revenue. Millions have been extracted by the BOD over the past years, per the accounts. Millions that have come from private investors who go into this via a telegram group largely. What millions have been extracted? Care to elaborate. What you are saying is they have withdrawn money from VLRM and not disclosed this. If so evidence is needed as we can than commence legal proceedings. Why have employees if they are going to be overheads that cannot pay for themselves? Revenues are slow, but we have had a few deals and we are still in the tent of the likes of COIN GT.
A company that endlessly release impressive sounding MOUs but never give progress update on any of them, and none of them ever turn to revenue.
Takes time, what you expecting we go in have a MOU. Next day we start generating revenue. Some of the more recent MOUs are a start of a journey. So patience is needed for these to materialise.