Member Info for Cimbom

Real company but Cayman islands registered so limited transparency. They are less than a year old so no accounts, but claiming billions in asserts and VLRM claiming they have been providing R&S finance for years.

No red flags

PP doesn't understand how share consolidations work along with reality

Find me a HEMO owner that has 900x their initial investment please

Not sure who is making more stuff up as they go along here QGP/VLRM or PP?

PP, probably that $75k a day banking limit

Oh dear, a firm that promises to deliver $3.9m per quarter can only deliver $300k and is subject to $75k a day banking limits like common people?

How will they pay out the 10-15% yield on VGOLD to institutional investors?

What will VLRM do for funding for the next 3 months of the quarter, based on the last accounts they have £3.4M a year admin expenses, so only covers a month?

If the mines are already in production and the gold is out of the ground then why sell for a third of it's value? If it's out of the ground it can be processed and sold at spot .

If it's reserves then it's in the ground and valued as such.

If it sounds too good to be true...

Do these tokenisations not have to then sell for this to work?

If they sell them at $1500/oz for resources in the ground, the actual value of gold in the ground is probably max $100/oz based on listed companies MRE and their mcap. If someone is saying the can get 15x fair value then alarm bells are ringing

QGP assets under the QMNT had an annual yield of 7.95% but couldn't even make the first payment. Unsure how renaming them generates double the yield?

If it is another month later than expected, will there need to be an interim fundraise here given there is still material uncertainty regarding if this will actually go ahead? It would be potentially a very poor management decision to wait and see if the cash turns up from an entity that has already defaulted on their contractual arrangement for payment?

Interesting Sanboy said there was a 1M seller on the books last week and now this 1M option free share employee exercise appears?

VLRM have received some cash!

A whole £1k at par value

It could be read that way and potentially spun as that if they fail to deliver, but the chairman comments the cash is en route, so yesterday is what you would expect unless it's going via the strait of hormouz

'Within 5 working days' from last Tuesday have passed and no RNS this morning. I guess the shares are in the post!

I'm sure they will RNS tomorrow the cash split if the payment lands today.

Although there isn't much telltale volume today. We saw the large dump by insiders prior to the previous default being announced but noone appears to be in a rush to rebuy at the moment

"Only US$900,000 was funded; US interpret this as a "refocusing" of capital toward the more lucrative VGOLD ecosystem"

Most people interpret this as they didn't have the cash to fulfil their investment commitment. QGP didn't appear on the scene until late Nov 2025, if all of this was planned in Sept 2025 when the investment was due to complete, and the QGP cash was lined up then why did they raise in October 2025?

The Blubird scaling back is potentially a sign that the cash component (should it arrive) of this post-default hurriedly revised deal isnt significant enough to allow them to continue their investment strategy in the near term. They have a cash burn of circa £100k a month, so expecting the cash component to be circa £400k a quarter to avoid having to raise

Latest RNS does reveal the cracks in Gary's story about his decision to convert to VGOLD and they have plenty of cash available. If so why not complete this investment on Bluebird? They had a MOU for $2bn in assets for VLRM. It doesn't make any sense to ditch these and go all in on a token you have done no due diligence on?

If the QGP money doesn't arrive next week and in substantial quantities they may be looking at another raise somehow with this revenue stream closed off

New RNS.

Looks like VLRM couldn't make the payment schedule either on its $2.5M investment into Bluebird by September 2025. Only $900k to date and looking to change this agreement like QGP are after the fact.

Looks like the return of PP doing some AI has helped the price drop further towards the 3p levels

Lots of great sound bytes from the paid interview

"It was my idea to swap the bond for VGOLD"

"VGOLD-CORE is an unregulated token"

"QGP have a team"

"We have to go through a verification process of all the assets"

Great idea to swap your LoL backed institutional grade note for an unregulated token you have done no due diligence on the day after the coupon fails to materialise". Sounds like a good plan

Bash - By supporting the idea of converting this 5 year fixed QMTN into VGOLD your aligning yourself with the reality that this was bogus? It was supposedly a fixed note for 5 years underwritten by LoL and backed by real revenue generating assets in the billions. It can't suddenly be turned into magic VGOLD at the drop of a hat.

Also there is no RNS this morning to confirm the billions and trillions mentioned after hours in the notes below? Definitely was market sensitive based on the TG group buying frenzy this morning