Member Info for Cimbom

If you look at the chart, it is remarkably similar from November 2024 to April 25 with the DMC deal to November 25 to April 2026. A vertical pump on announcement followed by dump as the entity involved cannot deliver the funding. Could actually be a yearly rinsing of shareholders when you look at it in context. Same time, same timeframe of failure

Thanks Gav, if the 5 year institutional grade LoL backed note can simply be swapped for some new unregulated token to be issued. Surely this proves it was completely bogus in the first place? The largest deal on AQUIS has simply evaporated over the past few weeks.

Hopefully it all works out for shareholders. They need to concentrate on their tokenisation and get revenue established from this and not solely focus on QGP. They have forfeited $2bn in assets from Blubird as a result of their sole focus on QGP.

What isn't clear is how VLRM will continue to be funded on the short term whilst this is sorted given their very high admin expenses

Genuine question for Gav and not trying to antagonise. What do you think happens when the next $3.9M coupon payment is due in June?

Which ever way it is, Guild who signed off on this shouldn't be able to continue as advisor.

Shareholders shouldn't accept this, like they didn't accept Poulden

Even Jesus isn't happy here with this path

They do have no experience of running a listed company and have the DMC deal also as history of getting into bed with an entity promising things that are too good to be true with zero due diligence that anyone here saw through on minutes.

So it plausible they are just staggeringly incompetent and blindsided by anyone that offers them billions and trillions. The links however between the CEO and his Son and this entity and how Gary tried to deflect this as 'they approached us' however do provide some thoughts on of this could be some form of further extraction of shareholders funds. However very difficult to see what this is

Shareholders need to step here and call an EGM to find out what is going on. Unfortunately they have allowed the board to take majority control so difficult to remove them, but their inexperience is showing here.

They have given half the company away to an entity that clearly has no funds or what they say they have. They have now scored a hat trick of defaults on every decreasing amounts of funds and the board have not got the teeth the enact their terms of canceling the agreement of the original $300k was not paid over a week ago. Shareholders cannot simply let this carry on for another five years. How will the rest of the payment terms play out?

They haven't disclosed the amount so it's likely a single $75k payment was made as they would disclose any amount nearing the total

"Please remember James Bannon has invested £2 million of his own money into Valereum"

"James Bannon, Executive Chairman of Valereum, commented:

"I've invested a total now of over £4M of my own money into this Company"

PP - You should read the RNS

"This is a recipe to lose all your money ......"

Give it credit, PP does really understand VLRM

'The sort of clickbait caption you'd expect from a social media news article link.'

VLRM holders hate this one hack to avoid paying out $3.9M coupon payments

I don't think PP is awake yet to receive your greeting Bash

Klarna offer funding of up to $1bn in 13,334 easy to pay installment of just $75k

QGP should clear their payment plan today. Look out for an RNS as promised

What's the chatter like on the company telegram? Surely some excitement should be building now and new investors potentially coming in to seek information?

That's not good, maybe the payment didn't land as expected?

What happened to the IR guy Sekhon? On the last annual accounts he took a £101k salary from the company. Surely he should be fielding these questions with ease at that level rather than the company putting their fingers in their ears and ignoring investors?

Did they open the company owned telegram group yet? Would be a huge red flag if they kept it closed until they can conjure up some good news.

Investors should be allowed to question what has gone on here going from $3.9M to be received to a $75k a day installment plan

PP, breaking down transactions to circumvent AML checks is a criminal offence.

Are you saying QGP and VLRM are conspiracy to commit a crime now?

Or could the more obvious answer be QGP don't have an account capable of transferring this amount in one go?

AML threshold is circa £10k btw

So if VLRM took $3.6M in VGOLD-core in less than 30days. QGP would have the funds to immediately convert this into cash without issue and in one transaction or would they have to set up a 48 day payment plan of $75k a day?

Metrikus should immediately refund the £600k investment from VLRM as it falsely identified the $3.9M payment from QGP as incoming

Are these rhetorical questions or is AI down?

'Proper Long term shareholder' Gary Cottles fan club has arrived

As a reminder, Gary joined the board in early 2024 and was immediately granted 5M free shares for the privilege.

He then actually bought in late 2025 for £200k at 3.1p. and then £225k at 5p. So he has an average of 2.7p for just under a year of actually investing money.

He extracted £600k via metrikus investment after his first buy as well as the high salaries the board have been taking as part of their £3.4M a year declared admin expenses.

It's quite something for him to be belittling shareholders who presumably have been here for 6 years plus and have 30p plus averages

Is that a genuine communication from the company?

If so then it clearly shows that lack of public markets experience the board has along with utter contempt for it's shareholders. The chairman clearly has no control over his board if unprofessional communications like that are allowed.

It also suggests that QGP are not an outfit that are dealing with institutional investors, mine owners etc on a day to day basis if they regret entering into a deal with VLRM based on a few comments from people struggling to find information. The best way to fight misinformation is to provide the facts, proof of the assets etc but this doesn't happen.

Also unsure on the FS line, they haven't commented beyond clarifying they were not pushed. So Gary has confirmed here that FS raised significant red flags regarding the transaction, VLRM said "we are proceeding regardless" so FS resigned?

"we want to help as many unhappy shareholders to become ex shareholders as quickly as possible.". Incredible comment, this is similar to the AAI drama which ultimately resulted in their delisting. If the board are not capable of handling a public listing, and they have no need to raise capital from the market ever again thanks to QGP klarna payment plans, then they should simply delist from AQUIS build up the company and then apply for that US listing they keep mentioning once they meet the accounting and financial standards in a few years time