focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Really difficult one to call Doggo. Factom could be our greatest if Tim Draper is correct, but then again Yooya could also be in the top three. It's the real dark horse, but with our 15% stake could prove to be really lucrative. Time will tell.
Thank you LS for that rather profound nugget of wisdom. Your contribution knows no bounds.
That's more like it....and without even an RNS. Speaks volumes as to how much more blue this can go. Bring it on folks!
Not sure if this has been posted already. What it shows is that Edina in no tin-pot company, with annual sales of $8 b in 2015. First of many in the real estate space for factom.
https://www.edinarealty.com/fact-sheet#/
Hi Jesterman, I emailed Kam Shah, the CFO of Portage and got an immediate response. The email address is: ks@portagebiotech.com. He will be able to confirm whether Portage have dispatched the shares to the nominee company used by your broker. Good luck. I'm still waiting for my Portage shares although Kam did confirm that Portage had sent them off in January. So now they are just waiting to be distributed at this end.
Audited NAV per share 11.4p. Cash in bank circa £3m after Directors/significant shareholders funded most of placing at 13p in Q3 2018. Currently #FFWD is offered at 9.7p.
Nice reminder Doggo of Factom's potential. Here is some more.
“I am excited about our partnership with Factom and I believe that our two organizations represent a unique blend of analytic-based consulting expertise along with information technology and blockchain-based solution development,”said Dr. William Vantine, SPA President and CEO.
“Paul Snow and his team at Factom are leading providers of blockchain-as-a-service and are uniquely positioned to grow in the defense industry through their work with the Department of Homeland Security,” said Matt Ives, Director of Business Operations for Surety Programs Group at SPA. “At SPA, we take immense pride in providing cutting edge and the highest caliber solutions to our customers. Teaming up with Factom is a rare and extremely compelling opportunity to continue with this tradition.”
Factom provides the business models and process to enable any enterprise solution to take advantage of the enhanced data integrity and assurance blockchain can provide. Factom offers state-of-the-art data integrity and trust solutions using blockchain and electronic signatures, assuring that recorded data has not been altered. By increasing the value of stored data and automating data assurance models, Factom provides tools that are simple to integrate and operate by any enterprise or service provider.
“We are looking forward to the unique opportunities that become available through this joint effort,” said Paul Snow, CEO of Factom. He went on to summarize that the Factom® Blockchain is well positioned to support the incredibly large opportunity for blockchain technology within the government segment. “Integrity of data in any form is a perfect use case for blockchain and we look forward to applying our independently verifiable, proof of record systems with SPA.”
SPA’s intimate knowledge of its DOD and federal customer’s challenges coupled with Factom’s blockchain technology solutions offers a significant opportunity to help transition blockchain from a buzzword into actionable solutions that improve efficiency and security for key federal organizations.
Likewise Zatcha. Contact your broker and find out whether the nominee company your broker uses has received the shares from Portage. Which broker are you with?
Has anyone had their Portage shares yet? Did they arrive in certificated form or have they appeared in your nominee account? I'm still waiting and have heard zip from my online broker. Anyone else with Selftrade?
One small step.....one giant leap......!
I'm not saying the price won't rise before news of a sale/IPO, but the sp will most likely settle at the NPV value as it has done in the past after a spike. To achieve a new higher floor in the sp the NPV will have to rise to match it. Think of it like any other investment trust in which the market cap trades at around the net asset value of its investments.
The difference with FFWD is that the NPV is based on book value, whereas we know the investees have made huge developments which will have increased the inherent value in the multiples. We just just won't see it until that value is released with an IPO/sale. All the indications are that there is huge value in our portfolio and growing at a phenomenal rate.
It won't go up until the NPV goes up. It's the harsh reality. A sale/IPO or indication of either and the price will shift believe you me.
Yes, exciting news. Further endorsement by the US government of Factom's technology. What a business partner/customer to have.
Thanks Quint. Very reassuring explanation.
I was wondering the same. There are no updates from either Portage or Salvarx. Has anyone else received from their broker news about a possible delisting of Salvarx regarding Northland Capital? Not quite sure how that will play into it all. Also has trading ceased with Portage since the 17th? The sp hasn't moved. Haven't a clue what's going on!!
If Wadnob and Matador say it's verified that's good enough for me. These guys are good researchers.
Never mind O'Donnell, pretty soon you'll be able to put a few drops of Juvenescence juice in your hot chocolate. You'll live to 150. And by that time the politicians may have come to some agreement over Brexit.