Member Info for Fowldzy

Same fundamentals, less weak hands. Good foundation to build from.

Blackx, I would have thought a man with such good connections to RP and the affiliated companies would not be bothered about some shareholder that does not influence the company. What about the £1m investment? What about the BTC mining 1/4 of ARB’s?

Alans55 - L2 on ADVFN which is much more accurate shows 653,070 bought and 861,927 sold hence the drop

Hi rooblertwo,

Although I cannot answer the LinkedIn part, there is a team behind this and Vinay has mentioned their experience in a previous RNS. 22nd Feb

Cool, I was under the interpretation it was to be completed in 4-8 weeks but it seems that is just a suggested timeline. I was also expecting an update on the bitcoin mining, although not a major income its quite topical this week.

@Blackxbox - Have you had any updates on the FINRA latest?

@BlackXBag - Fair enough.

Now now children.

@BlackXBag, I think my message got lost with all the bickering.

In your original statement you state "expected news flow following the OTC will still continue", "looking to raise at a premium of circa sub 300-400p a share" and "build an entirely new Ethereum mining arm that rivals what SOS". Can you just confirm your source on these topics as they can't have come from Mr. Sirer?

Agreed, by out I meant the announcement was out against it previously being overdue

Well, thats the NFT out. I'd suspect there has been progress with the OTC hence why the NFT was released. If so, we might see a BTC mining update in the coming days

It is an excellent RNS. I've seen a lot twitter people trying to get a piece of Vinay's movement with Mattereum. The OTC is the perfect catalyst now.

We're now due three RNS's

- OTC listing is overdue
- NFT overdue
- BTC generating revenue now overdue

It only makes sense to wait for the OTC, give it a few days then drop the other two.

@Spangler I don't have the answer but I'm not 100% sure the role would be the same as what it is now. Going back to what Liam1995 stated "A blockchain exchange is a new platform for trading assets. When transactions occur, the entire chain instantly updates. The Public Key reveals ownership and transactions. Trades occur instantly. The 'share' registry is automatically updated. There is no need for registrars, no shorts and no market makers - only transactions" Looking at this kind of system shows how outdated our markets currently are but I agree there will always be hurdles.

@Sanboy, my interpretation it was the other way around. In the Sunday Roast he stated the cost of starting tokens and building the momentum is relatively slim so huge funds are not required. I believe revenue will be generated through the transactions on the crypto exchange. Expanding the mining facility will require funding if they are to further venture into BTC but due to the lead times and the high cost of the equipment, i can't see that route being viable. Potentially the mining will look into different cryptocurrencies which would fit in with the notes in 21st April RNS "balanced global portfolio of crypto mining operations"

Finally think I’m starting to make sense of it.
So firstly we have the first series of securitised derivative tokens which will launch on a crypto exchange with the intention to begin link crypto to fiat. First of which announced on the 5th March to be launched within 2 months. These are overdue but I would hazard a guess you wouldn’t release these until you are listed on the OTC and the brokers are setup. The linking to the crypto exchange could be the picture posted on twitter a few days ago.
19th April the OTC application was announced which is taking slightly longer than usual but it is for other companies in a similar position.
The long term goal from the Sunday Roast interview and the RNS on 16th Feb shows Valereum have the intention of being a big player in the future of blockchain exchanges. The benefits to moving exchanges to this are phenomenal and is at the core of what crypto is about. Kyudoka Capital have been announced as consultants to develop the companies plans regarding blockchain and DeFi (RNS 8th April).

Regarding the mining of BTC, the company did state they have acquired mining power which will be installed at a specialist site and generating revenue within 30 days (21st April RNS). The current hash rate will only be enough to generate around ¼ BTC p/m. However, it is very clear they are not fully focused on BTC and other crypto will be considered as they want to build a range. I think this plays very well into the general consensus that BTC will not be the lead forever, maybe not even in the next couple of years.

Overall, I think the plan is decent and the whole reliance on the exchange and NFT will play well into the advisory board of Vinay Gupta as they are both ETH based. However, it does seem clear the US are well ahead of us in regards to crypto exposure so the OTC is the initial trigger which could land any day. NFT release and blockchain mining starting will follow soon after. From then, I look forward to see what Kyudoka are bringing to the table in terms of the strategic plan.

Please correct anything I have wrong and props to liam1995 for your overview.

So basically there's an end goal but no clarity on how to get there? Yet the status of the ETH person on the advisory board and the low shares and delay of dilution leaves us as a gamble which could have huge upsides?

So I've been through this forum and listened to the podcast but I think I'm a touch slow as I'm still missing something. So the company has a plan to create a token which then can be traded (How does this generate revenue?). The long term plan seems to be to create a broker system for token trades? Is the plan to make loads of these tokens and start to control the market?

Crypto is the future and I 100% agree bitcoin may not be the number one in 5 years time. However, what you are missing is this is a mining company and can mine whatever it wants. While it is number one, we are 100% profit making with insane margins, first to 100% green, amazing two year plan which from what I can see, wipes the floor against all competition.

Market hungry for green bitcoins, Argo first green bitcoin miner, vast expansion (Texas), profit making, soon to have a 45% bigger audience (NASDAQ)

Unless you're trading or have a very short term requirement for funds, I cannot see an argument for selling.

Will you ever quit whining on? No one is out to get you, ARB has dropped through lack of momentum and buys, not through the financial elite trying to rob a few quid from Poptimist.