Member Info for GoldenGod

QGP was only ~4 months old when the deal was announced (founded July 2025, announced Nov 2025) - https://ibb.co/Lh0By8Nm

qgphotonics.com was registered on GoDaddy with the minimum 1-year lease - not what you'd expect from a billion-dollar entity - https://ibb.co/Lh0By8Nm. The website was AI generated using webflow.com

QGP had 2 employees when the deal was announced. One of them has since scrubbed QGP from his profile - https://linkedin.com/in/bradleymdavies / https://ibb.co/nqs3ZZgt

Pieter Scholtz doesn’t appear to have much of a finance background, he’s founded a series of small businesses in SA. Where did the billions come from? - https://ibb.co/wN7NgR48

First Sentinel (corporate adviser) resigned during the deal - less than 4 weeks after it was announced. No explanation provided. What did their due diligence turn up that they couldn’t condone?

VLRM paid QGP $100k in transaction fees - the investor pays the investee? highly unusual

QGP lock-in is largely fictitious - they can sell up to 1.44% per month, or 17% / 42m shares per year

QGP website used to refer to JP Morgan, Fidelity and Nexo. Those references have been removed - https://ibb.co/NgqMqM59 / https://ibb.co/zHmfNHXc

https://web.archive.org/web/20251207014843/https://www.qgphotonics.com/

https://web.archive.org/web/20260120234219/https://www.qgphotonics.com/

It remains unclear what the relationship with Quorium coin is. VLRM leadership were tagged in the TG with the question, but have so far ignored it. Quorium coin has the lowest possible trust score on rwa.io - https://ibb.co/ymxfG3Jp

“Photonics” is a serious misnomer, this smells of science-washing. "Quorium Global Photonics" is exactly the type of name you’d expect to come out of a generator - https://ibb.co/WWz4rvwW

The recently registered GoDaddy website, limited company history, and minimal LinkedIn & internet footprint are all eerily reminiscent of the DMC deal. We all know how that ended.

A more cynical person than me might suggest that was the intention, but if it was it looks like the plan has failed disastrously.

I suppose we'll find out in a couple of weeks.

Depends what you mean by "worth it".

If they were trying to cover the coupon by selling the 1.44% per month they're allowed to they need the SP above 28.5p

https://postimg.cc/hhgZ4LnQ

“Who said I was losing money! LOL”

See that big red number Nosharat? 👆🏻

Does anyone remember Nosh giving us a “right kicking” or “setting us straight” yesterday?

https://ibb.co/1JB7Y2HN

https://ibb.co/tpWNPxP4

Maybe it was this exchange he’s referring to:

https://ibb.co/dw3F2xFp

Under IFRS (e.g., IFRS 9 / IFRS 13):

If a company transfers Medium-Term Notes to another company as consideration for an investment, the value of the investment is normally the fair value of the notes at the time of transfer, not principal + remaining coupons.

More lies from PP1

First it was half-term, now it’s the war.

You guys just can’t catch a break, can you 😢

Only certain people, I don’t think it’s weird.

Red day btw, DB

I’m really enjoying watching you lose money Bash 😉

Afternoon GaGtheGaF

They have been revamping all their websites and told us last week (and asked us to align it with some of our branding) - so we knew it would change at some point.

I can send over their brand changes if you wish?!

I am not exactly IR but that's correct - we have thus far had interest from a range of global miners and institutions that amount to more than $20bn of gold reserves to back into the token...

that is our main focus which involved QGP but not exclusively

thanks

Gary

Almost posted that myself Panch!

I agree though, hopefully those who prey on the vulnerable get their comeuppance.

What have we told you about adding the interest to the principal Tiger? Naughty naughty, tut tut

Have you reported lse.co.uk for the market abuse you keep accusing them of?

Surprised you still have an account tbh

Which bits, PP1? Be specific.

Bash, I've included links and quotes, not sure what more you expect tbh. But I'm sure your review was as thorough as your reading of the RNS.

Some quotes from Bash's last 3 posts:

1. "Lets correct you again @GoldenGod - Oh I am really enjoying this now LOL!"

2. "Well GoldenGod thank you for correcting me"

3. "[GG is} nearly always wrong"

Come on Gav, this Fathers stuff is brand new and EXCITING

Knowledge of the company appears to a strong negative correlation with willingness to invest, strange.

Dear oh dear Bash. You really should read the RNS in more detail:

"Fees: the Company agree to pay USD 100,000 to the subscriber on signing and a further USD 100,000 to be offset against first payment receivable by the Company from the QMTN."

"Here QGP have provided VLRM with $200m"

Have they, though?

"they taken NOWT lol"

They took $100k in fees up front, bit weird IMO

You cannot prove that the $200m actually exists, Bash old chum