The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
This company is trying to find treatments and cures to help people survive some of lives biggest challenges.
Being told you have C and sharing it here is because, I hope, that many of us want SAR to be successful and I suspect a few of us have had or know people who have had C.
As a human being on the most basic level if you can't wish someone your support and a hopeful outcome when they share that personal news then what are you doing here on this chat board.
Go **** off and hope you don't get that same news or a loved one does. Its not fun.
Respectfully.
To the individuals who have been brave enough to share their challenges, I wish you all the best and hope for a positive outcome.
Last element of rns. Jesus this site. Sorry
Rhys Davies, Non-Executive Chairman of KR1 plc, commented:
"These new arrangements mark a natural step in KR1's evolution as we continue
to grow and mature as a business, and reflect our commitment to enhancing our
corporate governance. Reflexivity and the individuals involved are sending a
strong signal as to the value they believe is embedded in KR1, while also
demonstrating their long-term commitment to the company, which is firmly in the
interest of our shareholders.
The Services Agreement also provides for Reflexivity as an entity, instead of
the Executives individually, to participate in KR1's existing Performance
Incentive Scheme (the "Scheme"). Reflexivity's participation will be on the
same basis as previously enjoyed by the Executives up until 30 June 2021, after
which the terms of the Scheme have been amended, effective from 1 July 2021,
such that Reflexivity shall be entitled to receive an annual performance fee
equivalent to 20% of any increase in the Company's net asset value, above a
previous high water mark, over a relevant period. Any performance fee awarded
to Reflexivity under the revised arrangements will be satisfied entirely by the
issue of ordinary shares in the Company (compared to only 80% awarded in
ordinary under the current arrangements) with the issue price determined by the
net asset value per Share at the end of a relevant period.
KR1's Non-Executive Directors, Rhys Davies, Simon Nicol and Mona Elisa, believe
that, as the Company matures in its operations, it is important to establish a
robust and aligned relationship and that the new arrangements represent a
sustainable and competitive agreement, securing the Executives and services of
Reflexivity for the long term and allowing Reflexivity to expand its research
activities without the overhead of being managed in a public vehicle. This will
maximise the chances of continuing KR1's success to date and aligns the
interests of Reflexivity and the Executives' future interests more closely with
those of the Company's shareholders and is therefore in the best interests of
the Company and its shareholders.
Rhys Davies, Non-Executive Chairman of KR1 plc, commented:
"These new arrangements mark a natural step in KR1's evolution as we continue
to grow and mature as a business, and reflect our commitment to enhancing our
corporate governance. Reflexivity and the individuals involved are sending a
strong signal as to the value they believe is embedded in KR1, while also
demonstrating their long-term commitment to the company, which is firmly in the
interest of our shareholders."
1 October 2021
KR1 PLC
("KR1" or the "Company")
Revised Executive Service Arrangements and Research Agreement
KR1 plc (KR1:AQSE), a leading digital asset investment company, is pleased to
announce that the Company has revised its executive management arrangements and
entered into an exclusive research service agreement with Reflexivity Research
Limited ("Reflexivity"). This represents a more robust and aligned arrangement
which reflects KR1's commitment to enhanced corporate governance.
Reflexivity is a recently formed company owned by George McDonaugh and Keld van
Schreven, Managing Directors of KR1, and Janos Berghorn, the Company's Head of
Research (together, the "Executives").
Reflexivity was established to become a research and consultancy firm focused
on innovative decentralised technologies. As a standalone entity, Reflexivity
is positioned to secure and retain industry-leading research talent with deep
technical expertise and extensive personal networks within the digital asset
ecosystem.
The services of Reflexivity will be exclusively available to KR1 pursuant to
the terms of an agreement entered into between KR1, Reflexivity and the
Executives (the "Services Agreement"), for an initial term of seven years.
Under the Services Agreement, Reflexivity has agreed to provide KR1 with the
services of the Executives, who will continue to fulfil the same roles at KR1
as they currently do, with the same responsibilities, namely as Managing
Directors, in the case of George McDonaugh and Keld van Schreven, and as Head
of Research, in the case of Janos Berghorn. In addition, Reflexivity and the
Executives have agreed that certain intellectual property which is currently
owned by the Executives, and which relates to KR1 and the Company's branding
(including the Company's domain name and various social media accounts) will be
licensed to KR1, without charge, while the Services Agreement remains in force.
The Services Agreement provides for Reflexivity to receive an annual fee
equivalent to 1.9% of the Company's Net Asset Value, if that Net Asset Value is
below £250 million, and 1.7% of the Company's Net Asset Value, if that Net
Asset Value exceeds £250 million. All costs incurred by Reflexivity fulfilling
its obligations under the Services Agreement, including the employment costs of
the Executives, will be met by Reflexivity, not KR1.
The Services Agreement also provides for Reflexivity as an entity, instead of
the Executives individually, to participate in KR1's existing Performance
Incentive Scheme (the "Scheme"). Reflexivity's participation will be on the
same basis as previously enjoyed by the Executives up until 30 June 2021, after
which the terms of the Scheme have been amended, effective from 1 July 2021,
such that Reflexivity shall be entitled to receive an annual perfo
how odd that two posters scribe that same thing within two minutes- "the new board are focusing on Buffalo and other similar deals to take us to mid cap which is why I’m heavily invested, the rest is just a cherry on top."
fly tipping
If you want to see how she comes across etc
https://www.youtube.com/watch?v=qeRfqVTobkw
17 March 2020
KR1 PLC
("KR1" or the "Company")
Appointment of Non-executive Director
KR1 plc (KR1:AQSE), a leading digital asset investment company, is pleased to
announce that Mona Elisa has been appointed as a Non-executive Director of the
Company with effect from today.
Mona is the CEO of Avantgarde Finance and was formerly the co-founder and CEO
of Melonport AG, which developed Enzyme (formerly Melon), an Ethereum-based
protocol for decentralised on-chain asset management. Mona Elisa is a former
star-trader at Goldman Sachs, promoted to Vice President by the age of 26 and
made the "Top 30 Under 30" list in Trader Magazine in 2008 and Forbes Magazine
in 2011 after profitably trading the 2008 and 2011 crashes. After that, she
moved to Geneva-based macro hedge fund Jabre Capital in 2011, before deciding
in 2014 that the future of finance lay in blockchain technology. Mona studied
Economics & Statistics at the University College London.
Mona has been granted options to subscribe for 77,519 ordinary shares of 0.19p
each in the Company ("Ordinary Shares") at a price of 193.5p per share, being
the closing share price on the day prior to her appointment. These options will
only be exercisable in the event that certain future milestones are achieved by
the Company.
Mona Elisa commented: "I am honoured and delighted to be joining the board. The
KR1 team are pioneers in the crypto investment space and first discovered
Enzyme (then, Melon) in 2016 before we were even looking to raise capital. KR1
offers much more than capital, they understand the challenges an entrepreneur
faces and have been around long enough to prove that they are there for their
portfolio companies during the ups and the downs. This unique combination of
skills and experience sets them up as the best kind of investor and mentor a
founder could ask for."
Keld van Schreven, Managing Director and Co-Founder of KR1, commented: "We are
thrilled to appoint Mona. Enzyme (formerly Melon) was the Company's first major
investment and, since then, we have shared an incredibly successful journey
together. Having been a star in traditional finance early in her career, Mona
brings a lot of experience and an extensive network in the blockchain world to
the table. Her energy and experience will be highly welcome and appreciated
going forward."
Tanzania - Steam inhalation to combat the Covid. Yes I can see that working, everyone huddled together and breathing it all in. Jeez Louise.
Could be worse, they could want a hydro dam with no water.
Not sure what you guys are suggesting.
Alien DNA, Chinese biological warfare, new world order, global experiment, Attempt to sink the western powers and economy.
Not sure I buy into the conspiracy angle but certainly the idea that someone was mucking about with a virus which managed to escape is not beyond the realms of possibility. Mankind is great at finding more exciting and deadly ways to rid its fellow man from the planet.
Or maybe it was just all that wild blood and guts on a chopping board at a wet market.
It's unlikely that if it's aliens, biological warfare or some other global conspiracy, that us plebs would ever find out.
In the real world ( for me anyway) the dark shadow of the Virus has visited close by so I'll just get my jab tomorrow and hope my p ness doesn't fall off.
Nite