Member Info for Phoebus

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Agree. Surprised PIRI is stationary though. It looks price for a breakout too.

The Americans can take it anywhere while we are closed so I'm sitting tight. Not getting fancy this early in the NFT boom. It's only just started.

Buys going through over the ask at 38.77p. Great.

Agreed. The SP has consolidated nicely for 2 months and I'm surprised there has been no breakout yet. The Pluto investment looks quality and should really light this up. Given Pluto's assets and the market appetite at present I won't be surprised their IPO is done at a massive premium to PIRI's investment price. Not long to find out.

Exactly. There's a lot of money in equity investment accounts and a lot of it will be looking to pivot into the crypto/blockchain sector as the bull market evolves. There are very few options in the UK and KR1 is one of the very best so I'd expect a wall of money to pile in here going forward. GLA

Highest since Feb 23.

Cheers Lanks.

39.5p now paid in the US.

Cheemap, I just answered your question on the COIN board.

I haven't read all the RNS statements yet as there is a lot to cover, so please be sure to check the accuracy of this posting. If anyone can add any details that would be great.

FUNDING

They appear to be fully funded until 2022.

NFTS

They have an extensive relationship with experienced NFT developer RedFOX, for collaboration on the development of NFT projects. The first of these projects is in conjunction with the Gibraltar Philatelic Bureau for creation of a commemorative limited edition Cryptocurrency Postage Stamp tied to release of blockchain based Digital Collectible NFT to be produced by COIN and RedFOX. The Government of Gibraltar and The Gibraltar Philatelic Bureau will issue limited edition 2021 commemorative Cryptocurrency related postage stamps which will come with a priority entitlement to set of companion Digital Collectible NFTs. Secondary trading in the NFTs will be via Atomic Hub operated by Coinsilium and RedFOX. It is due to go live this May.

They have also announced the creation of an NFT development studio in Gibraltar in conjunction with Nifty Labs. They are intending to develop smart contract systems for NFT applications including a bridge for NFTs on Bitcoin using RSK technology.

DEFI PROJECTS

They have interest in several DeFi projects including Blox with staking based on ETH overdue for release and a 10% equity stake in Indorse (IND) which is preparing for launch of IND 2.0.

Their biggest DeFi relationship is with IOV labs which has a 16.9% stake in COIN. They have a JV in Singapore to promote and commercialise RSK. IOV is the developer of RSK, the first smart contract platform secured by the Bitcoin network and the RSK Infrastructure Framework (RIF). They are expanding their JV and looking to create the next generation of digital asset platforms as a Blockchain, DeFi and Crypto Finance venture operator. Their IOV Labs Asia is expected to be operational 2021 Q1.

ICO ADVISORY BUSINESS

COIN has a 30% stake in an ICO accelerator and advisory business based in Gibraltar and have advised various clients. They are also working on a military grade BTC storage and payment card.

COIN HODL PORTFOLIO

They have a decent cryptocurrency HODL portfolio consisting primarily of BTC and ETH plus smaller stakes in ICX (ICON), RIF and IND.

Excellent.

Yep. I wonder how people are feeling now. Hope they didn't get shaken out. This is looking excellent both technically and fundamentally. GLA

One suggestion would might be to split it into a couple of DeFi/Web 3.0 cryptos that are about to launch and stake the holdings. Would diversify and turbo charge COIN's HODL a bit. Could see a monster gain over the next few months.

I must say it's slightly amusing the SP is flat given that our holdings are rocketing. Expect this will leap higher on OTC open.

Dfinity now up 41% today. Will it overtake our ATOM holding to clinch second spot?

Again, as it's on Aquis that's probably the reason so we need to check the most recent relevant RNS which is from March 2.

https://investegate.co.uk/coinsilium-group-limited--coin-/eqs/exercise-of-warrants/20210302161634EVJUA/

'Following the exercise of the warrants, IOV Labs shareholding in Coinsilium increases from 20,434,000 to 25,934,000 ordinary shares representing an interest of 16.85% of the Company's outstanding shares, excluding warrants and treasury shares. Following the exercise and issue of the 5,500,000 new ordinary shares, there will be 153,918,235 ordinary shares of nil par value ("Ordinary Shares") in issue and 4,680,000 Ordinary Shares held in treasury.'

If we divide 25.9M by 0.1685 we get 153.9M which I take to be the relevant number.

https://artsy-media-uploads.s3.amazonaws.com/89yfM9GtChm1snhhKycy2g%2Fkusama+social.jpg

ATOM is currently KR1's second largest holding at £20M and is heading for its ATH although the third largest holding Dfinity is on fire today up 36% to £16M. If you want diverse exposure to cutting edge cyrpto, DeFi and Web 3.0 without having to buy crypto directly then KR1 is brilliant. Perfect investment at the perfect time.

Well if the keep 100% they will need to fund it. Looking at the last accounts and making adjustments since then PREM appears to have net current assets of around zero so they should need funding ASAP.