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The most recent analyst note has them at £20.8m and £8m ebitda. Assuming the are capitalising costs to the same level in H2 that would imply £3.4m ish off the ebitda for net profit putting them at £4.6m
http://www.alignresearch.co.uk/cpt-company/gaming-realms/
I think they’ve demonstrated pretty effectively time and time again they will just shift the narrative to some other ephemeral, loosely related pivot and the followers/fans whatever you call them on these social media/telegram driven investment “opportunities” will start using that to recruit new investors.
It's in the most recent annual report https://www.valereum.gi/wp-content/uploads/2022/07/VLRM-RA-Final-Results-for-the-year-ended-31-December-2021-9ltw.pdf
Page 33. RP pulling out £183k (similar to what he takes from Wishbone by the looks). Plus it looks like another £38k for expenses (Wishbone looks like he claims a further £28k in expenses). https://www.aquis.eu/aquis-stock-exchange/for-investors/announcements?view_news_id=3628635 Section 21
PLY pulling out £280k in these set of results.
For a company like this do they have a remuneration committee? If so I guess it would just be them anyway
San - “ buy a newly floated Dubai construction company with bitcoin to protect against volatility and to gain on the share price improvement”
How does that work in practice. Let’s say exactly 1 year ago today I bought $1000 of shares in Dubai construction company using bitcoin. Now during that time the value of Bitcoin has decreased 72% from $60k to $16k today. Would that mean I’m protected against that drop because I hold the shares outside of Bitcoin ? Genuinely interested/confused how this works and why wouldn’t I just by using my dirty old fiat currency?
Yet another crypto firm exposed as a massive sham costing investors and customers huge sums while the founders make huge sums regardless of the outcome. I’d say it’s great news for VLRM to see how big you can make these things before the whole house of cards comes crashing down.
They better get a move on though as soon the crypto world will just be smoke and rubble and they won’t get their chance.