Member Info for Peoplepower1

You may not understand in business that there are one-off costs for any year in business.

Like VLRM Markets, setting it up and going live.

Source is working out what the one-off costs were for in 2025.

You don't know that 2026 costs have been substantially reduced and I do know what H1 means.

Costs for 2026 in total are about £1.6m

Please remember costs were higher for 2025 because of VLRM Markets being set up and going live.

And that is 2025 and not 2026.

We know Gary Cottle has cut costs substantially

I don't think you understand that for Valereum to be listed on Aquis and OTCQB, proof has to be provided to them that there are assets backing the $200 million.

Governance and Oversight comes under Cayman Islands law and International law.

Stop with the outragoues rubbish as usual.

Cimbom - you didn't even understand royalty and streaming assets.

Plus you keep getting Valereum's costs completely wrong.

Admin costs for Valereum are about £1.6 million and certainly not the figure you've happened to guess.

None of you know anything whatsoever

Proof of Reserves Continuous real-time verification via Chainlink oracle integration

This system is better than any audit.

For me, the reason for the part payment of $300,000 is all about negotiating the strategic integration.

Proof of Reserves Continuous real-time verification via Chainlink oracle integration

This is your system of, for example, live sensors/live webcam in the mines/vaults for blockchain.

Aquis and OTCQB need this real-time verification for Valereum to be able to list on these stockmarkets.

This is the system used to prove the assets for the $200 million are real and verified continuously.

Please find out and learn all about how this works:-

Proof of Reserves Continuous real-time verification via Chainlink oracle integration

For example, this part which states as follows:-

Proof of Reserves Continuous real-time verification via Chainlink oracle integration

is required by Aquis and OTCQB for Valereum's listing on both of these stockmarkets.

None of the posters understand how this works at all.

Governance & Oversight

OVERSIGHT FUNCTION DETAILS

Independent Directors Fiduciary duties under Cayman Islands law

Audit & Attestation Big 4 firm conducting bi-annual full audits and monthly reserve attestations

Custody Tier-1 partners (Brinks, Loomis) for physical asset verification and inspection

Proof of Reserves Continuous real-time verification via Chainlink oracle integration

Legal Framework Perfected security interests, deeds of assignment, and offering memorandum governed by

Cayman and international law

All reserves are independently verified and legally assigned to QGP SPC via executed Deed of Assignment.

As usual those posting have no understanding whatsoever of governance and oversight.

Governance & Oversight

OVERSIGHT FUNCTION DETAILS

Independent Directors Fiduciary duties under Cayman Islands law

Audit & Attestation Big 4 firm conducting bi-annual full audits and monthly reserve attestations

Custody Tier-1 partners (Brinks, Loomis) for physical asset verification and inspection

Proof of Reserves Continuous real-time verification via Chainlink oracle integration

Legal Framework Perfected security interests, deeds of assignment, and offering memorandum governed by

Cayman and international law

All reserves are independently verified and legally assigned to QGP SPC via executed Deed of Assignment.

Never, never, never invest in shares if you have no understanding of how business works .......

You have no understanding of how business works at all .....

You must never invest in shares if you don't understand how business works ...... simple .....

OH God .... not you again .......

I would think Bash has found better use of his time ......

This is a great learning exercise on how business works ......use it as such ........

My poor lapdog crawshaw is getting angry .......

Go away please ...... you're too boring ......

How much to charge the rest of them ..........