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Post deleted. Interesting.
Reprobates showing, moderating their snide as concerned shareholders who “might top up” “have a cup of tea” “don’t be so miserable”
Wake up. You’ve been scammed too.
Dr Lao
And your point is what? Lets talk about this debacle of a company if you want to have a conversation.
Your comments about my demeanour, are what, the equivalent of “putting your fingers in your ears, repeating lalalala and pretending thus isn’t happening”
Twentyfour, yes of course you’re keeping an open mind. Nothing to see on VLRM, it absolutely isn’t a car crash, everything is fine. Delusion.
I didn’t say it would be valued at £35m, the phrase “Sick Joke” was intended to convey my disdain over the subject matter.
Valereum Plc is pleased to announce that it has received consent from the Gibraltar Financial Services Commission (“GFSC”) to complete the acquisition of the Gibraltar Stock Exchange (“GSX”).
So they’ve changed their mind?
Darren042
They managed to raise £24m over 6 years.
Who are these “powers that be?”
RolyBirkin
This isn’t a forum to promote other shares, and sports NFT’s is actually a sick joke, given VLRM’s stated business model
Valereum Plc is pleased to announce that it has received consent from the Gibraltar Financial Services Commission (“GFSC”) to complete the acquisition of the Gibraltar Stock Exchange (“GSX”). This is subject only to conventional conditions pertaining to regulatory and working capital as required.
From their October RNS. looks a formality, subject to conventional conditions. I’d guess it’s the working capital provision, funding. Hence the delay.
Can’t satisfy the regulators they can provide working capital required to keep GSX operating.
IF the funding is there, why hasn’t it completed?
They’ve had the approval to complete.
Twentyfour, research PCGE, and tell me that this isn’t almost a carbon copy
* Note in yesterdays RNS
If it’s not a funding issue delaying GSX, what is it.
Also not in yesterday’s RNS, IF complete GSX, not WHEN
I’ll put an email address up on Monday.
https://www.valereum.gi/wp-content/uploads/2022/07/VLRM-RA-Final-Results-for-the-year-ended-31-December-2021-9ltw.pdf
Hopefully this link works, bottom of page 7. If the link doesn’t work, go to VLRM website > regulatory news> you can download the PDF
You’ll see reference to the 24m gone through the business, with minimal carrying assets
Have a look at the 2021 accounts
July to Dec 2021, PLY was paid £280k, so it would be safe to assume he’s been paid £560k in 2022 and £140k so far in 2023. Thats £980k
Pouldon drew £198k in 2021, so assuming he did the same in 2022, he’s had around £450k to March 2023
We’ll know more when they publish the accounts for 2022, which the board signed off in January. If they look good, they’d be published don’t you think?
A company with Zero revenue paying two people £1.5m over this debacle isn’t a good look is it?
Just a thought, if RP and PYL hadn’t taken such large salaries, perhaps raising the funding to complete GSX wouldn’t have been such a headache?
We all remember that loan facility that was shown as an asset….£6m was it? What’s been done with that?
Factual information based on RNS.
Good luck.
LC95
forget your feuds on here, care to comment on where VLRM is currently at?
Can you back the chat history up?
Notice the absence of reprobates on here today?
Penny has obviously dropped