Member Info for Cimbom

Pots are unable to call Kettles black

No wonder the company is eager to keep it's vinanz holding, there is great synergy between the companies.

Vinanz have announced that they are following VLRMs lead of gifting it's directors 1/3rd of the shares in issue for free, by issuing themselves 20% of the shares on issue for free also

This is the kind of dystopian future we need. Healthy discussions of both positives and the trillions of dollars in the El Salvadorian addressable market are the only vibes that should have.

Less important questions such as where is the money for the investment coming from and what percentage of the company does it represent if the company finds it, must not be addressed

Goldengod appears to have cut through the opaque RNS again with his speculation of the company transitioning into a holding company. The CEO set out a vision of the company becoming a go to for tokenization, however has not been seen for a significant period now. If the former GSX team are no longer on board then maybe the company has yet again pivoted to another strategy of buying RWA competitors?

The RNS states they have invested $1.35m however this doesn't state for what percentage.

There is somewhat more information on Digishares than there was on DMC. Looks like as per RNS they have carried out 170 transactions in their six years.

They have annual revenue of $800k with 39 staff members.

They launched a raise in late 2023 through Republic for $1.2M but this closed for just $97k raised. VLRM must seem to Digishares what DMC where to VLRM with their vast amounts of cash. The RNS does not mention how from the £0.5M raised and now largely spent, the additional funds will be raised to complete the deal

Looks like further placings incoming to support the latest investment if the last discounted raise only covered 1/4 of the investment

Good work figuring this out Goldengod. Although they only have a license to operate within El Salvador so not too sure if the market for royalties from a 13 year old book is there. Hopefully this tokenization is provide with a breakdown of historic royalties for potential royalties to inform potential investors

As you say everything else within the RNS is speculative, as such they are unable or unwilling to provide the revenue projects that they promised well over a year ago now.

The share price will of course no doubt rocket to 30p as investors believe on release of this marketplace in around a weeks time

The company appears to be choosing to hold it's Vinanz holding to dust.

They could have sold for over £6M, now 40% down instead they dilute shareholders at 4p

Frustratingly the companies latest RNS does not outline how much it expects to tokenise of these markets, what the fee percentage is on a single tokenisation that a real investor could expect to require to make a balanced investment decision.

Therefore I fed the latest RNS into an AI tool to better understand what the available market in El Salvador is for a single tokenisation company to capture. Surprisingly it said that the El Salvador tokensistion market could be captured by just two companies with each having a 50% share with the following issued as revenue guidence for 26/27

Revenue: The company could expect $76,000 in annual revenue for 2026/2027.

Trying to stop the bleed with the formal announcement of their tokenized skydiving within El Salvador

Market not impressed so far

I have heard rumours that investors believe this is headed back to 20p plus.

Would the three consecutive failures to obtain funding with insider sell offs not have an effective on this?

Don't forget the half a day of free trading allowed for a 50% sell off prior to each of the failed deals being announced.

Shareholders are still awaiting the current boards comprehensive review of the previous boards activities.

Clear Capital are in bed with Lenigas

They last received £2M in July so £200k a month cash burn confirmed. If this is required to launch products then very little development must have actually taken place as the products are an off the shelf template.

I was enquiring as to how much a tokenisation was worth to the company to get an idea of potential revenue. The CFO promised potential revenue guidance for upcoming years in the shareholders and meeting over a year ago but has not been heard from since. My contact who is in the telegram group I believe , has also requested this previously but has had no formal response. I understand there are people claiming that once the RWA marketplace is live then the SP will rocket to 20p plus or a minimum 10p in release of the upcoming wallets. Surely this valuation must be based on an idea of potential earnings? At 10p the company would be worth £17m plus so on conventional metrics this would need an income of a couple million a year less the wages that these people are taking.

I've always wanted to own a tokenised Salvadorian sky divers crotch strap, it's an underserved market.

How much income does the tokenisation of a Sky diver earn the company?

In the light of continued difficulties in obtaining funding, the board have previously issued themselves circa 35M shares at essentially nil cost.

Is the solution that shareholders should push for, that they should hand over the full retail price to the company for these shares in light of the performance against planned deliverables?

At the time of issue the share price was 30p prior to the leak before the RNS. This would raise £10.5M for the company less the £35K actually paid. This may also instill some confidence from shareholders

As more shareholders funds are lost today, the board continue to spend what little funds must now remain on trips to Dubai and post pictures of Lambos.

I don't believe a placing will be able to be got away with such a continuous sharp rapid decline, the only realistic option would be a return to a death spiral CLN arrangement in the current position

The insider sell off of the companies Gate token has taken this to an historic all time low

Following the failure of funding a series of increasingly bizarre RNS are appearing

First 'We have instructed ourselves to release our products we were due to release six months ago, In a months time.'

Now 'We have had a conversation '

Following the failed funding on three occasions and leak that allowed insiders to exit on each occasion this appears to be a path of little substance to incresse the trading of the share

As we have seen on 2 seperate occasions, a distressed sale has always preceeded failed funding. Does Lightning strike thrice?

No RNS yet confirming everything is in in progress or otherwise, but the best opportunity of the year to bury bad news occurs tomorrow after close, further insides exiting or otherwise may confirm the direction before the formal communication

An interesting and perhaps corrupt weeks trading here again in advance for the failure of 2 out of 3 funding streams that have now collapsed once due diligence has been carried out by two seperate organisations and have decided not to invest. Will the mystery large investor come to a different conclusion?

Yet again an RNS was delayed a whole days trading to allow an insider to exit before news was released, the first of the lock in shares were release just over a week ago.

A hurried statement reveals that all documents have been signed and placed into escrow, but carefully does not state by both parties in this deal.