Member Info for K3VMC

Kevin1977

“ Surprisingly, nobody has mentioned this yet.
Friday should be the day, what do people expect?”

Good point! I guess we got engrossed in the Nasdaq listing stuff.

I’m not fussed about the numbers. Another stonking profit.

That suggestion is incorrect. As posted at length here.

jamins

“ This is a good project, with good plans, however the clock is ticking and execution needs to improve on multiple fronts including those previously outlined.”

There is an optimum speed for everything. Just because you think it is going too slowly for your liking does NOT mean it’s going at the wrong speed.

But no. I don’t call him Captain Pete, wonder what underwear he sports, or what “soccer” team he follows. Do the business, indeed Mr Wall, but in a timely, methodical way.

BigChops

“ When i was looking at getting involved in the IPO, the guys i was dealing with had pello email addresses. Any insight on why this would be the case?”

They are stockbrokers. That’s what they do. They get bits of placings that they sell to their clients.

WAwa38

“ and then there's Dispersion Holdings - they've been busy boys. Lead IPO broker, Pello, suspended for allowing pre-IPO investors to cash in too early...”

That’s very interesting. Wrong, but interesting nonetheless.

Rorydinhno

“ It does matter as it means Arb could be held around the current price until the end of the month in order to apply for NASDAQ as an emerging growth company at the start of Q3.”

As the others have posted, it’s not important. If you can quote any bit that mentions being this or that in Q2, Q3 ir at any other time, maybe we can kick that around, but until the , I think you are alone in your world of worry.

No offence meant.

https://twitter.com/dylanleclair_/status/1432744628676177921?s=21

What happens when “alt coin” owners finally realise that their favourite “projects” all pass the Howey test? If they can salvage any value, where will they put it? What is the ONLY crypto that Gensler will allow?

Rorydinho, does it matter?

Parkdog

“ Tasty end to the day:

31-Aug-21 16:35:26 141.00 157,722 Buy* 130.00 140.00 222.39k UT

Not me!”

Not anyone. It’s the UT.

JVK was obviously sticking in someone’s craw. This Heimlich Manoeuvre may clear the way for a palatable refinancing.

Looking good !!

JackUnion

Cool!! Thanks!!

JackUnion

"1.85
CAD
+1.75 (+1750.00%) whoosh"

WOW!! Have you got a url for that please?

"As part of the Company's ongoing strategy to build physical and digital cryptocurrency infrastructure, Argo is also pleased to announce it has made an investment of £146,000 (CAD $250,000) in WonderFi Technologies Inc. (formerly DeFi Ventures Inc.), as part of a larger CAD $16.4 million fundraising round by WonderFi. WonderFi is a technology company with a mission to bring decentralised finance to the masses through a suite of products and tools which are built on the core principles of simplicity and education. As part of the investment, Peter Wall has been appointed as an unpaid advisor to WonderFi."

If you are right, and I so hope you are, then ARGO's CAD$250k should now be worth CAD$4,375m!!

This can happen to us. Maybe not 1,750% but UP!!

the_Chuz

"So if the share price is being held back now because the June 30th quarter doesn't count, then the next quarter is end of September, so are you saying we will be held in this range until atleast the end of September?"

There is NO significance to ANY quarter end date, IMHO.

And THEN...... I started to think. That can happen sometimes. How can we IPO at less than $700m, when the current MCAP is already slightly over $700m? What about the additional ~$75m in the IPO? So, I went back to the filing document....

I was completely and patently wrong. The whole $700m is ONLY relevant to switching ARB out of the emerging growth company status, as I previously thought BUT the only qualifier to join Nasdaq as an emerging growth company is to have less than $1.07Bn turnover in the previous financial year. That's at the top of page 4.

We do the gm, apply for Nasdaq, IPO, GO!

Big thanks to the_Chuz for making me put on my thinking head!!

the_Chuz

“ We seem to have differnt understanding of the wording.”

I agree with you, 100%.

From the RNS. “ A registration statement relating to these securities has been filed with the SEC but has not yet become effective. ”

“ The application to be listed on the Nasdaq has been made under the conditions of us being a Emerging company. The application HAS been made. For us to apply to the Nasdaq as a Emerging company we needed to of had a marketcap of under 700 million as of June 30th 2021.”

No. The application has NOT been started. See above. When it DOES start , we MUST be under $700m.

Again. You cannot END something that has not STARTED

I can’t explain this any more simply. If you don’t get it, that’s ok. For anyone else who is reading, that’s why WE are having OUR stock shorted. As soon as we are on Nasdaq, shorting is no longer required.

the_Chuz

Ive seem it loads over the past days and weeks where it is believed we are being held at this price range so we do not exeed the 700 million market cap, what i am saying is that todays price is nothing to do with the 700 million market cap requirement. The requirement to be under 700 mil for us to be defined as emerging ended on June 30th.“

Again. That is a condition that would END our status as a Nasdaq quoted, emerging growth company.

You cannot END something that does not exist.

Rajbury

“ plain....I came here on a plane”

Yes, thank you. My head is tired today.

the_Chuz

“ So it was closed as of June 30th - If we increase within the next 5 years then we have to do the heavier reporting, i hope no one is suggesting we are being held for 5 years.

If we go above 700 mllion (from June 30th) then we need to do fuller reporting after December (i.e. start of next year needs extra reporting).

So the belief on here that we are being held under 700 million as part of the nasdaq reporting doesnt seem to stack up.”

They list reasons why they would cease to be an emerging growth company on Nasdaq, one of which is the $700m mcap test at the end of the second quarter.

They are not on Nasdaq yet. The June quarter end test has nothing to do with the Nasdaq approval. Why would Nasdaq approve a company that has too large a mcap?

That makes zero sense. This potential blockbuster of a company is being heavily shorted in the US. It makes 100% sense that this is to keep under $700m, because this will ROCKET when it gets onto Nasdaq.

All imho, of course.

Wat_Dabney

“ K3VMC
I wasn't aware of this - could you put a bit more meat on the bone for me please?”

Sorry Wat. Was busy. Thanks Hexam for reply.

$700m is on point 3), page 4 of the prospectus.

fudgerella30

“ Could we be on Nasdaq?

Not long after the 6th, im guessing!”

Yes.

It could be that the rain falls a little bit at a time. 20cm is 1cm per hour did 20 hours, for example.

The plane is on a slope, so the water runs downhill into streams, canals , rivers and the sea. Some soaks into the soil and helps to make grapes and ultimately, wine.

So happy I didn’t skip that geography lesson. I’m also happy for Spanish wine. Just this sp makes me sad. :-((