Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
XX millions as it is not running yet, we have paid for 24% of Vinanz with our btc miner and btc, more information will become available in the next few weeks regarding Vinanz but my understanding is they will raise cash via an IPO and list on an exchange. This of course is conditional, Vinanz will need to list on a recognised exchange and the final holding will depend on how much they raise via the IPO.
Whilst Valereum are in the thick of building the first of its kind exchange and an NFT marketplace it could have been years until they started to bring in any significant revenue via Btc mining as it isn’t the companies focus so doing it this way will open up a profitable revenue stream straight away.
More information will be coming out in the coming days Mustard, will be an IPO. great news coming from that why?
our btc miner was always just Richards foot warmer and never a real way to create revenue, this way the valereum team can focus on the exchange and marketplace to significantly increase revenue to get to their billion mcap aims. Ask yourselves what is better 100% of £100k annually or 24% of XX millions?
The phrase financial department store springs up again as we add another revenue generating avenue.
GLA
and that’s why risking it to try gain a couple of pence just isn’t worth it imo, blink and you’ve missed more on a day without any price sensitive news imagine if you trying to bash the stock to gain 2p and the GFSC sign off. tough pill to swallow. Anticipation building as we edge closer with some great buying this morning.
it was mentioned as speculation, as it still is. i would bet my bottom dollar we hear news a lot sooner then september but again that is speculation.
Dilution is entirely up to the US investors they have been able to convert into shares for the past 6 months and they will still have the option going forward. look at the dilution level in comparison to what we are buying lol again bare in mind the price of the GSX is worth more than our entire market capital so a few shares here and there are really quite insignificant. the only shares you should concern yourself with is the warrants at 80p and in which week this year we will get them executed.
GLA
that’s correct, so $3m we are paying for an exchange with licenses plus a MTF in a first world jurisdiction can either be repaid after 6 months (monday, remaining balance $2.75m) or extended where the US investors will have the option to convert part or all into shares as or when they choose.
bare in mind this we are paying peanuts for an exchange that at the very minimum is worth more then our current market capitalisation with low dilution or perhaps even more dilution if they decide to pay it off.
worth noting ownership of 50% currently with £1.43m sat in the bank and $7m of funding available if they wish.
damn good business acquisition
if it goes anywhere near that i’ll sell my wife and kids! unfortunately i don’t think it’s going to happen no matter how hard you lse boys try. nobody expected us to be here now without approval most likely not even the board, and that is reflected in the current price but the investment case is only getting stronger and adding more unrealised value.
NFT global market is meant to reach $800B by 2024, both fiat and crypto worth trillions, we are not tapping into small markets here worth the wait for many multiples return imo
one was accounts which had to come out so was a good opportunity for RP to say a few words and the NFT marketplace rns i half agree, imo ideally they would have liked approval beforehand but they obv want to let shareholders know another large section of the pie that diversifies the investment.
The Bod are itching to get this going and will have plenty of ducks lined up for when we get approved just a waiting game till it is over the line
plucked out of thin air because you want the sp lower then. like i said poor attempts, KGR can you come work with this man put your heads together may be able to come up with something other then “where OTC” and “when approval” lol.
1. nobody that is invested ever deramps their investments to the extent you “concerned investors” do. fact
2. Nobody knows when news is coming all you can go by is what is in an RNS so stating other then “near completed” is pure speculation.
Kenty are you some kind of insider? claim to be in the know news is far away?. Give it up now the poor attempts are beyond amusing anymore, yes news is needed and will come when lined up with the master plan.
RP obviously got a nod by Hassans things were nearing completion hence why he RNS’d said information, which of course will have be signed off bare in mind. so it is coming!
NFT partnership announcement and further develops most likely pre GSX news imo.
Enjoy the bargains
GLA
got to love this board, people not having a clue what there invested in, the others just trading away as they deramp, some people even asking for updates off other shareholders lmao. get a grip people this is an investment with one of the biggest potentials ever to hit the markets either hold or sell and FYI i’m still filling my boots with all your fear! Thank you very much i’ll sell you them back at the end of the year in the pounds.
GLA
Patrick was brought into Valereum through his friendship with Richard last july to work on the GSX deal and to plumb a master plan together to create a financial store of goods merging the crypto and fiat worlds together.
As of late he has been working all hours under the sun and our chairman has been in Gib and potentially london (wonder why) working on existing and new deals, rest assured we are in good hands here it’s only a matter of time before you wish you could be buying in at 26p again.
A message from Patrick himself.
Afternoon.
I just received a lovely DM from a newbie investor who was asking if I was viewing the outlook positively and expecting VLRM to be in a better place in 6 months time.
Happy to share with everybody my reply: "...If I didn't feel positive about the future I would not be part of Team VLRM."
I think it goes without saying but I feel it ought to be shared with all the faithful.
I have a lot of possible projects I could work on so please rest assured every day with VLRM is an article of faith in the project.
Hope that is clear for everyone!
Now you can revert to trying to cope with the heat!
the strategy has always been to tokenise and bridge, just the opportunities and the employment of Patrick’s experience and knowledge means we have expanded the strategy to a global movement. granted it means we have had to wait longer but the end goal has shifted to make this a hell of a lot more attractive than the initial run to 80p