RE: Valereum QGP deal3 Mar 2026 18:19
Fantastic news Tiger!
I handed myself into the online fraud police UK, and plead guilty. They investigated my post, and it turns out there’s absolutely nothing in it that is even borderline illegal or fraudulent!
What a relief!
Can you remind me which bits you thought broke the law? Here it is again:
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
QGP had 2 employees when the deal was announced. One of them has since scrubbed QGP from his profile - 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
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.