Member Info for K3NTY

Sadly for shareholders I’ve called the share price drop correctly so far, was looking to have a trade at 5p but I think I’ll wait till 2-3p.

100k sell at 4.75p.
Looks like 2-3p if no news.
No funding means no GSX. It’s become very high risk for a not so high reward.
Imho.

LOL

Patrick’s attempt to justify the vlrm collections ltd valuation in the rampy telegram group is to google NFT platforms and see how much they are worth. LOL.
Patrick is a SHILL…

Not take the **** but if I was still invested I’d be more than miffed…

So nobody knows how they got a pie in the sky NFT value?
Another mystery lol.

Twenty-Four?
You seem to have a good understanding of the company, any thoughts?

Morning, does anyone here have an idea why the company only raised £70,500 from vlrm collections ltd? Who’s the buyers? How they valued this at £6.25 a share?

Are the company trying to pump their own share price indirectly?
Vlrm collections ltd is a shell, we know nothing about them and they are valued at approx £35m. Future potential valuation? We know nothing about this subsidiary apart from what is in the last RNS.

Genuine questions folks, no fud intended.

Looking at your previous vlrm posts you are invested and will have knowledge of this information, so not sure what you’re trying to achieve here.
If not, then I suggest you spend this weekend researching the company your are invested in :)

R u a vlrm shareholder 24?

Good luck here :)
I was invested and false timetables were put forward by the company and they never delivered along with many other issues.
I do not wish to see shareholders lose money, the problem here is the RP, PLY & DL. I’d accept the high salaries if they had delivered something.

How do we know they are working hard behind the scenes? I don’t trust the board and the likes of DL working behind the scenes with them is a Big Red Flag.

Anyway, I could rant on all day but it’s the weekend. So enjoy it and we go again on Monday.

Fair point 24.
Filtered me lol. I can be a bit rough around the edges lol.
They have till 28th July to complete so the clock is ticking.

@Mustard68
I’ll try a back up later today, not sure I can on my phone.
If I’m successful how shall I get this across to you?

Big players Big Money! That deliver zero value to shareholders.
CLN Loan agreement funding but they are looking for alternative funding. This alternative funding should have been in place 6-12 months ago.
As it stands today, the transaction for GSX can be completed using the remainder of the loan agreement.

Have a read of my long winded essay from earlier this morning lol.

That’s a lot of copy & paste Liam LOL.
At the moment it’s all blah blah blah as the BOD have yet to complete on anything mentioned there and please do not say they own 50% of the GSX, they have put a payment down to secure 50% of the GSX transaction. If vlrm own 50% are they receiving 50% of the GSX’s revenue? Not that I can see.

Juno is still a question mark, might be part and parcel of GSX purchase. Who knows? Just like the OTC listing! Nobody knows what happened to OTC listing.

If what the company is trying to achieve is soo revolutionary then I don’t see why funding is an issue. RP has had several months since regulatory approval to be honest should’ve had most the paperwork ready before this. So RP has had over a year inmo but like a schoolboy left it to the last minute. He could’ve done a placing at a much higher SP, funding solved.
If funding is an issue, use the remainder of the CLN loan in place. Then use GSX revenue ($12m annual I think) in its current guise to help pay off the loan. Simples!!! I don’t work and sit on a park bench all day and solved this funding issue ;)
Ohh but wait will that be enough funding to pay the BOD’s salaries ;)

NFT has been kicked down the road till later this year and that’s not a confirmed launch of the NFT marketplace as I read it. £32 to £35 million valuation, that’s horse manure. Cooked the books more like it. Funding can be raised from this valuation. 10% of that valuation will get you reminder of GSX and pay off most the current CLN loan.

Major Exchange listing? What happened to that? Company RNS stated it would happen by end of last year. Another lie!

Vinanz? Load of crap!

So far, it’s all been ‘working hard behind the scenes’, nothing to show for it, taking home a big fat paycheck and zero shareholder value. When Patrick joined the company SP was 35p now it’s 5p. That says it all.

RP, PLY & DL has pulled a fast one here, no other way to look at it. Patrick has delivered nothing, gets paid a large salary, drags the SP down into the toilet and suggests quitting! Yep quite the director he is…
I suggest no more salaries until they deliver a proper revenue generating company, that’s the GSX and NFT launched and live. If it takes years which it may well do, then that’s their problem.

If yesterday’s RNS had been the GSX approval or NFT strategy I would’ve held my hands up and said well done but we all know how that went.

Hope this makes a good weekend read for you all :)

Ps Liam I can’t make myself known in the rampy telegram group as I’ll get the boot by trigger happy Pete. Also, the idea of another echo chamber telegram group is stupid, you want shareholders to share their holdings to be approved by Pete. That’s ludicrous!

Good thing you’re not in the rampy telegram group, they are relentless. Attacking anyone who mentions a hint of negativity. It was like a freak show in there today.
Craig and Liam in particular were complete idiots! Craig talks out of his backside and Liam is a teacher’s pet besotted with Patrick). It’s fecking embarrassing!

Earlier this week Patrick had the nerve to say the company is undervalued in the rampy telegram group with knowledge of today’s shambolic RNS.
He’s as guilty as RP & DL!!

I don’t understand how Valereum Collections Ltd is worth £32-35m. Dodgy to say the least.
If thats the case then why not raise enough money to pay off the CLN loan agreement and GSX purchase?
So Motorsport, the pic of the vlrm badged car is from about 2 years ago. That’s 2 years to plan and deliver a NFT marketplace.
Further details of assets and functionality will be made later this year, so does this mean NFT will not go live this year? Delay?
‘IF the purchase of GSX is successful’, another RED FLAG! Needs to be done before end of July 2023 or it’s down the pan.

Personally, this company has lost all its credibility. Any purchases now will be investors averaging down in a hope to sell up soon as they can.

2-3p on the cards very soon. All imho.

Patrick the saviour posted a message in the rampy telegram group. Please have a read if you have access.
He mentioned stepping down if shareholders want him to, I say he needs to go. He is been part of the company that has lied and not delivered.
He joined the company when the share price was 35p and after all his hard work behind the scenes nothing has completed and the share price is now 5p.

@Mustard68
The comment below is what I found funny:
‘I'd like to know who the chump who bought the Valereum Collections shares is. If they really wanted to own 0.2% of the company, they could have simply bought 74k VLRM shares for about £4.5k, a saving of £65k, or about 93%.’

As for the situation, it is grim to say the least. Feel for all the Lth’s like yourself and Santhi.
It’s time for the BOD to take responsibility for this sh*t show!