Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Evening all,
With Richard Poulden in Gibraltar this week at the Lawyers offices (Hassans). I have been doing a bit of digging...
Have a read of the following released by Hassans on 20 April, 2021: https://views.gibraltarlaw.com/post/102gw17/cointelligence-fund-launches-in-gibraltar
Note: “Cointelligence Fund is a fund-of-funds with a focus on digital assets. The team is made up of some of the best minds in the blockchain industry with due diligence being one of their main foundations.”
Now read this further information about Cointelligence: https://www.coinfirm.com/blog/cointelligence-fund-aml-coinfirm/
Note: “Coinfirm, the industry-leading blockchain RegTech firm, and Cointelligence Fund, a digital asset management firm, have announced their collaboration to further regulatory compliance, apply effective risk management, and employ superior due diligence to crypto assets through the provision of the AML Platform.”
Now here is the exciting part... Have a read of Valereums RNS dated 5th March: https://valereumblockchain.com/wp-content/uploads/2021/03/UPPT_RNS_First_Series_of_Derivative_Tokens_to_be_Launched_p11p210305-1.pdf
Note: Valereum have “initiated the launch of its first series of securitised derivative tokens (digital assets) on a fully regulated cryptocurrency exchange. It is anticipated that the first tokens will be launched within 2 months.”
The question is... is it a coincidence the fact Cointelligence are a digital asset management firm, Hassans works with both valereum & Cointelligence and Richard Poulden is in the lawyers offices this week?
Very excited for the next few days and weeks ahead. Personally, I’m here for the long term but just as excited for those who are here for the short term.
So why is it probable that the securitised token launch is being withheld until OTC? Perhaps because a launch after OTC will be more significant or that if a contract has/is being signed for securitised tokens with a US based company then is public listing a requirement?
As much as I’m getting impatient I am even more excited that the overdue news regarding the launch of securitised tokens could potentially be even more significant than I anticipated. Even such that public listing is potentially a prerequisite
As I have mentioned in a previous post... Given the times of previous regulatory news releases, it’s safe to say that Valerium is not a 7am news drop kind of company. As we have seen in the past, the company releases news at any random hour. The current share price could look to be really cheap once we get news on tokens, otc listing.I’m eagerly waiting for some news to drop like everyone but mastering the art of patience is absolutely key here...
What do we anticipate for the week ahead?
On 5th March, the company announced that it has initiated the launch of its first series of securitised derivative tokens (digital assets) on a fully regulated cryptocurrency exchange. It is anticipated that the first tokens will be launched within 2 months.
This news is now overdue so hopefully we will hear more this week. It’s going to be exciting when this news drops
I stated in an earlier post that I was anticipating news between 4th - 7th May so not concerned in the slightest we don’t have any news as of yet.
Mastering the art of patience here is key, particularly for the sake of just a day or two. Nevertheless, I’m looking at the bigger picture and recognise that the anticipated news will be massively important not only for those here short term but those long term too.
Good Luck all :)
Rob - For regulatory news I just check the website: https://valereumblockchain.com/regulatory-news/
In terms of whether AIM/Aquis differs then I’m not entirely sure to be honest.
Santhi - scroll back to page 3 and read my “Valereum Blockchain (AQSE: VLRM) Investment Note Part I, II and III”
Hopefully they should give you an idea of VLRM and I have pulled out useful info from the news releases. I’d genuinely consider this to be a really good opportunity.
There’s a lot of activity going on Twitter today from the Valereum account. More so than what has been the case before. My instincts are that momentum is starting to gather ready for some exciting news to be released next week and the weeks ahead.
Conclusion
The company has moved fast since February with it’s development in the world of Blockchain sector. In terms of timelines, If I were to be conservative I would expect the OTCQB listing to happen by the end of May but it could be extremely likely that this could happen any trading day between 4th - 14th May 2021. I think this will have a positive impact on the share price but what I do expect to have a more significant impact on the share price is the anticipated news regarding the launch of the first series of securitised derivative tokens on a fully regulated cryptocurrency exchange. I expect this news between trading days 4th - 7th May 2021.
It was welcoming to hear that the company have initiated their own bitcoin mining strategy. This isn’t the main focus of the company but is indeed something that is likely to be expanded in correlation to further launches of securitised tokens in future. The focus on expansion of securitised tokens and bitcoin mining will contribute to exponential growth of the company. Putting the initial foundations in place now which the company seem to be doing might indeed be more cumbersome than expansion in the future.
From June/July onwards it’s expected that there will be a significant increase of demand in NFT tokens and in parallel to this I believe the share price will continue to increase as will other listed companies in the sector in the UK and abroad. As demand of NFT tokens increases then the scope for expansion of the initial securitised derivative tokens and bitcoin mining strategy will be justified.
In terms of where things will be at from August onwards I believe the company could be in a position to commence trading on the OTCQX market if the company is able to deliver on what I expect between now and July. If the company is in a position where it needs to raise funds then I believe this is when a placing could occur but I don’t anticipate this happening at least until then, if at all.
Valereum Blockchain has significant potential and I would consider this to be a strong buy.
See you on Tuesday - have a great bank holiday weekend :)
Liam
*Disclaimer - The information provided is from the public domain and my own perspective. Investors should form their own perspective and not take this as specific investment advise.
[6th April 2021] The company announced that it was pleased to announce that it had appointed the corporate and securities law firm Galanopoulos & Company to act as the Company's US OTC Markets Sponsor. Galanopoulos will work to have the Company’s ordinary shares cross-traded on the OTCQB Venture Market ("OTCQB") in the United States. This will be in addition to the existing listing on the AQUIS Stock Exchange in London. The listing would ultimately allow the company to engage with a significant network of U.S. investors, data distributors and media partners, ensuring that U.S. investors have access to the same level of information and disclosure that is available to investors in the United Kingdom.
[8th April 2021] The company announced that it has engaged specialist North American consultants, Kyudoka Capital Corporation (“Kyudoka”), to provide strategic technology advisory services to Valereum for its pipeline of blockchain and DeFi opportunities. Kyudoka will be working with Valereum to provide advice, detailed strategy, and phased implementation plans with respect to building expandable cryptocurrency mining operations and infrastructure. North America is the current anticipated location for the Company’s initial bitcoin mining operations. Other cryptocurrencies and locations are additionally being considered.
[19th April 2021] The company advised advised that US OTC Markets Sponsor, Galanopoulos & Company, has now submitted the application to OTC Markets in New York to facilitate the cross-trading
[21st April 2021] It was announced that the company will soon commence mining bitcoin in the United States, having purchased new BTC mining hardware with a combined computational processing power of 1,600 TH/s (trillion hashes per second).
With the assistance of the Company’s North American consultants, Valereum has acquired new machines, which will be installed and hosted at a specialist US facility over the coming weeks. The machines were purchased from treasury and are expected to be generating revenue within 30 days.
Valereum’s intention, to counter any possible geopolitical risks in the cryptocurrency markets, is to establish a balanced global portfolio of crypto mining operations in diversified jurisdictions.
The Company will provide further updates on the installation and commissioning of the miners shortly, as material information becomes available.
Overview:
Valereum Blockchain Plc (formerly known as Upper Thames Holdings (AQSE:UPPT) is a holding company listed on the AQUIS Stock Exchange in London The main focus for VLRM is the linking of conventional, mainstream currency products denominated in USD and GBP into the world of crypto currencies. The linking of the two ecosystems rather than seeing them as competition opens up a range of new opportunities.
The Company will be launching a series of tokens that will use blockchain to link the crypto world to specific Fiat currency products. This will enable individuals to trade a range of equity, derivative, and debt instruments easily and cheaply from and to anywhere in the world.
NFT’s (Non-Fungible Tokens) are tokens that can be used to represent ownership of unique items. They allow things like art, collectibles, even real estate or securities to be tokenised. They can only have one official owner at a time and they’re secured by the Ethereum blockchain – no one can modify the record of ownership or copy/paste a new NFT into existence.
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.
Moving into the Blockchain sector:
[16th February] The Company announced a move towards an exciting future into the global Blockchain sector with a focus on the linking of conventional, mainstream currency products into the world of crypto currencies.
[22nd February 2021] It was announced that Mr Vinay Gupta, a leading global figure in the blockchain sector, had joined the company in a non-board capacity, as Chairman of the Advisory Committee with immediate effect. Vinay Gupta is a specialist in the blockchain space. He co-ordinated the release of the Ethereum blockchain platform in July 2015. Mr Gupta commented that the company was very well positioned to build vital infrastructure for the future of integrated global trade and that the depth of experience in the organisation was advantageous in the evolution of integrating financial instruments into the blockchain system.
[1st March 2021] It was announced that Upper Thames holdings would be changing it’s name to Valereum Blockchain to ‘more accurately reflect the future business of the Company as it moves towards an exciting future in the global Blockchain sector.’
[5th March 2021] The company was pleased to announce that it had initiated the launch of its first series of securitised derivative tokens (digital assets) on a fully regulated cryptocurrency exchange. It is anticipated that the first tokens will be launched within 2 months.
I still pretty much stand with my timeline from one of my previous posts as followed. The dates may seem a little conservative particularly with the OTC listing but I think more realistic it being a few weeks rather than a few days. I still stand by the fact that any immediate news will be news on the NFT tokens as that is due any day now. I believe the news of the NFT tokens will be more significant than the OTC listing in my opinion. I think from around June onwards NFT’s will continue to grow and the importance of companies VLRM will only increase. In turn, I expect the share price to reach higher levels after June than what I already anticipate for the month ahead.
Ref:
“I have been invested in here just over a week now and really excited by what I anticipate a news rich month ahead.
It was welcoming to hear that VLRM have initiated their own bitcoin mining strategy - not the main focus of the company but something that will run in the background and something that is likely to be expanded. I think what people don’t realise is how difficult it is to actually put an initial mining strategy in place. I look forward to more news in the coming months regarding expansion in this area.
With regards to OTC, the latest RNS read:
“London, UK, 19 April 2021 - Valereum Blockchain Plc (AQSE: VLRM), the Cryptocurrency Finance, Defi and Blockchain Technology venture builder, advises that the Company's US OTC Markets Sponsor, Galanopoulos & Company, has now submitted the application to OTC Markets in New York to facilitate the cross-trading of Valereum’s ordinary shares onto the facilities of the OTCQB in the United States.”
Typically, the application takes between 4-8 weeks so I’m anticipating by the end of May we will be listed on the OTC market. I think the share price will increase prior to the listing thanks to the securitised derivative tokens (digital assets) being launched before 5th May.
I genuinely think now is a good time to buy because I anticipate once news starts dropping then the current share price will look like a steal.”
I think Richard Poulden pretty much confirmed there was going to be no placing on twitter. There could be a placing in the future (medium-long term) but would expect the share price to have increased significantly by then given the expected news within the next few weeks and months.
I’m sure Vinay Gupta has some really good plans. To have someone like that on the board is really exciting. His knowledge and experience will be crucial - it’s not like he will be sat there doing nothing. It’s an exciting time to be an investor here.
If we put what I said into perspective then I think we could see some news about securitised derivative tokens being launched before next Wednesday. Taking into account the bank holiday and weekend that doesn’t seem too far away.
I think any news we anticipate this week/early next week is likely to be that followed by OTC listing a few weeks later and expansion of Bitcoin Mining Strategy.