George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
What its about -- your constantly having ago!
Again are you in this share or not?
@VAS - Not sure what your smoking but it isn't CHILL.
The June 2020 RNS is telling the market that it has partnered with BettermentRS born out of the relationship ZOETIC/CHILL have with Ox Distribution. The RNS from today is confirming that relationship is still intact and BettermentRS and have implemented Chill brands into 343 stores. 343 more stores than it was a year ago!
On the RNS they do state the relationship was formed in June 2020 they done nothing wrong, broke no rules. So if all your going to do is pickup and post then why you in this share? On this BB? What your aim? Do you really want to bring a company that employs staff to its knees! Is that your plan?
You can invest in Vitriol if you want, but I think you stand a better chance with VLRM. VLRM exists for a start!
But don't forget this isn't just about BTC, DOGE etc...its about the Utility Tokens (CUDO, GATE, VET etc...) which you could say are like commodities but instead of oil and gas the volume of the token will go up based on usage of the product which will need to be converted to FIAT leveraged against Debt.
Also ask yourself...why that would want the option to purchase an exchange full off Debt! Maybe its to leverage against something!
The business model is to leverage Debt to Crypto, but unlike Tether and all of the other dodgy stable coins, VLRM will be regulated and legitimate. Regards to RP appreciate he might not have a good reputation but now he has Patrick Young at his side Patrick won't let anything slide because Patrick reputation is in a world of its own!
So, based on Vinay Gupta (VG) recent comments and Patrick Young's stance on being fully regulated, I think once PY and RP have completed the regularity requirements, the VLRM bridge will go live.
As we know the bridge is VLRM's solution for validating, certifying, and securing physical assets to tokens and IMO is ready as a software. To be honest, I think it's going to be an XML file that gets passed over to GateNet which is currently trading for $0.026797 on Liquid. Worth a sniff maybe!
GateNet (which is owned by Gibraltar Stock Exchange Group (GSX) and VLRM has a 20% option to purchase) will be a node on the Polymesh network. See the link below. The Polymesh network could go live in a week or so. Maybe once live, we will hear more news from VLRM and how they intend to proceed with the bridge.
https://www.coindesk.com/business/2021/09/20/polymath-to-launch-blockchain-built-for-tokenized-stocks/
In the meantime, VLRM has the option to purchase 80% of the Gibraltar Stock Exchange (GSX). For me, this is big, because it means that VLRM could leverage that $5bn worth of debt against Bitcoin, DODGE, and other cryptos. This begs the question: could Tether, Binance, etc., handle an exodus if the whales, retail investors and investment trusts decide to leave the crypto world and return to Fiat? Can VLRM help out with this? Does this make VLRM a stable coin, more legitimate than Tether.
This is all my opinion and pure speculation. But, if the above is correct there are so many avenues to go down, it's now starting to make sense to me what RP and PY are trying to achieve. If RP and PY nail the next RNS, there is no reason for VLRM (and GateNet) to kick up a gear!
Exciting stuff certainly a conviction play.
Thanks to the guys on telegram
Seriously you do know what you have invested in, you know what Richard and his team at VLRM are trying to achieve? They are not minting, trading or selling NFT artworks?
Instead they are attempting to link real world assets (Shares, government debt etc) to an NFT. The market can be flooded as much as it wants with punk and overvalued artworks their is only Tesla, Amazon etc.
Might want to go and listen to Richards video.
https://www.youtube.com/watch?v=o7r6CgVqRcA
I'm 33% down and I don't think I take any more hits. 1/2 year results are suppose to be published but I can't find anything or any literature that may of been presented at the AGM. I think it slipping cause no ones interested!
Tempted to say screw this and go buy Dixons or VLRM!