Member Info for BigDave13

Due to be uploaded shortly at Stock Box Media

https://mobile.twitter.com/MarkEJFairbairn/status/1359495922149916672

Velastic, that could be the case. 4,166,666,875 warrants issued to Placing Subscribers at 0.06p. If fully exercised shares in issue will dilute by about 1/3rd but the flip side is that £2.5m is raised for further investments. Plus there is the SGS warrants to consider as well at some stage post trial results.

I have been checking the clinical trials gov website which was updated yesterday 8 Feb with info on location status.

Czech Republic - 4 hospitals now recruiting out of 10 locations
Romania - 5 hospitals now recruiting out of 8 locations
UK - 14 hospitals now recruiting out of 15 locations
Total - - 23 hospitals now recruiting out of 33 locations

Next safety study once 80 patients have completed the trials. That should provide some guidance as to speed of progress wrt patient onboarding. Here is the link, also has some general info you may find useful.

https://clinicaltrials.gov/ct2/show/NCT04516759

Mode - off to a flyer today
Kanabo - IPO next Tues
North Peak - Drilling results Q1
SGS - trial results Q1/early Q2
Cornerstone - pending IPO
Weshop - pending IPO

plus £1m in the bank available to deploy

wow, K2 now up 20% at 1.11. Getting close to average sale price achieved by Vela. Let'e hope JN has some exciting alternative investment plans for those funds.

BlockchainK2 opens at 1.01, up 10%

Bitcoin up 11% to $43k on news Tesla just bought $1.5bn. Mode SP up today and looking very strong for further upward move. Positive news for Vela - patience.

Just need Musk to send follow up tweet saying he bought BTC via Modeapp....

Scrap that, now $42k

On a flyer, just moved past $41k and continuing trajectory (rocket emoji)

Just reported on CNBC
Tesla bought $1.5bn of Bitcoin per SEC filing

Rita Liu makes the list - great PR for MODE

https://mobile.twitter.com/jrowland58/status/1358748364981075972

And also add latest investment in Kanabo, IPO on 16th

Add Cornerstone FS and remove Blockchain K2 per recent RNSs

NPR raised money in Jan to fund exploration at the Kenogami Lake Project. The money was raised at $CAD 0.48 and SP is now sitting at $CAD 0.60, up 5% on Friday. I found reference to Vela owning 310,000 shares so investment now valued at £106k. Higher than I initially thought as market value displayed on the NPR website is incorrect. A document on the website dated Dec 2020 states initial exploration drilling program scheduled to be completed by Q1 2021 so could be some news soon.

There is a £9m Convertible Loan Note plus an option for the holde rto invest more funds at £25m value. I see a potential material dilution for Vela here but hopefully this will be offset by positive uptick in valuation at IPO.

Locked and loaded

If only the SP was correlated to the frequency of meetings attended by NM.

Great tweet. Very positive. Commercialisation sale price just went up.

They're all at it now but Kanabo will be first

Sky News can exclusively reveal that Cellular Goods, which makes skincare and athletic recovery products manufactured from biosynthetic cannabinoids, will announce its intention to float as soon as Thursday morning.

https://news.sky.com/story/beckham-backed-cannabis-venture-becomes-first-to-score-with-london-float-12207613

Since JN came on board, Vela has invested in:-
Mode - Fintech/BTC
SGS - Covid treatment for diabetics
Cornerstone - FX
Kanabo - CBD

An exciting mix of investments in fast moving sectors. So what next?

What about Agri Tech / Vertical Farming .......