Member Info for PureGypsum

Yep I got about 330,000 tokens. I had to set up a crypto wallet to receive them as my broker's also will not support them (my broker's being trading 212 and AJ Bell) yes with Hargreaves Lansdown you'll definitely be stuck in the mud. I'll get back to you on the tokens per share will have to check. As for the value that will not be revealed until public launch of the network.

I know of someone who was holding in a SIPP and has decided not to take custody of the tokens as this could potentially generate a taxable event for him. Instead he has come to some kind of arrangement I don't the specifics but it's something along the lines of the tokens allocated to him will be sold on his behalf by Napster at his request and the proceeds given to the broker and then in turn to him. This way he will still be able to enjoy the tax benefits of the SIPP.

I think it's highly unlikely you will be frozen out completely. At the moment the broker's point to Napster as the delay and Napster point to the brokers. Ultimately Napster have shown willing to give the tokens to the brokers and the broker's refuse to accept them, so Napster again show willing to pay the beneficiaries directly and at least one broker has blocked this from happening for their clients. I believe Napster will do the best they can on their part to get tokens to you, or at least the (as yet undecided) value of tokens to you.

Quick question, what happens if both helium 1 and Nobel strike the helium system how does the helium get shared between the two companies?

Thanks Prae. Love a telegram group and have just joined see you there

Hi Guys, New to Helium One (and this type of exploration/mining world) so please bare with me!

Looking at the Rukwa Project specifically, its billed as boasting as much as 138BCF of helium, in the generous and hopeful view that this is accurate, and the drilling is successful e.t.c am I correct in thinking its potential value is approximately 60billion USD at todays prices. What realistic ratio would the value of a operating mine on top of 60Busd worth of helium have with market cap?

Once TD is Reached what further investment costs would lie ahead on the path to "production".

Thanks for your help in advanced I see we have some very knowledgeable posters!

Sorry Tubs, I've not checked in here for some time! Some of us have received tokens already, myself included. To do this we had to liaise with Napster directly, however Hargreaves Lansdown has blocked Napster doing this for their clients, so if you're with them your saga will continue for some time to come

Kaba I don't believe the napster network has publicly launched yet and so theres no market for the tokens for now.

Glennstar, that is certainly possible and also probably likely. I have just checked the chain and no one has received tokens in the last twelve days so maybe this holds water

Yes agreed that they have ultimately played fair in regards to payments. The CFO personally arranged the transfer of my tokens and seems like a genuine guy.

Re H&L, the information came from Napster's end, and was relayed to me by a fellow investor. If you are with H&L you will not be receiving your tokens this way for now, as H&L are currently blocking this process. H&L will be reviewing the process and if they are satisfied with it then it will be offered once again for H&L clients.

Seeing as they are unwilling to handle crypto I imagine they will ultimately be satisfied with the principal of the process, however may put in place additional authentication.

Just to let you know H&L have requested Napster cease distribution of tokens to their clients immediately while they review the procedure.

Https://perawallet.app/

Ir@napsterfoundation.org

Yep the lock in will still apply. I have just been to the pub so memory might not serve me perfectly but I am fairly confident the lock in isn't from when you receive the tokens but from the 31st march 2023.

Yes, we have bypassed the brokers. I am with AJ Bell but also trading 212 which I believe use ii. I have received the tokens for both portions.

Yes that does count as proof Albert. The quickest method is to download your holding statement from your respective broker. But you can also ask your broker to detail this in a headed letter for you. However this takes longer. I wouldn't go in detail about the reasons why you require this information with your broker in case they kick up a fuss.

PeraWallet is merely a brand of wallet. Think of it as your current account provider. PeraWallet is recommended as it's owned by Algorand, who of course the new owners Napster.

The.Italian, this method does work with H.L as I know of someone who has cleared their tokens with H.L as their broker.

Hi guys, great news, we did it!

You will need to download a wallet. Recommended is "perawallet"

You will need to email the investor relations team.

Here you will need to detail your holdings complete with proof. You will need this proof to indicate it is AFTER the consolidation.

You will need to follow their further instructions. Which now includes details on how to give them your wallet address. This is very important to COPY AND PASTE. Any incorrect address will result in losing your tokens!

You will probably then need to wait for your tokens to arrive.

Its not overly complex, and now it has been a path established is easier. We had issues establishing the channel and what constitutes proof of holdings and when. But that it is done now.

The hard part will be navigation of PeraWallet for those who aren't adept with that kind of thing and have never seen crypto.

No updates from me personally, I have emailed again to follow up and will report back here. More stories of people getting their tokens are coming through. I can confirm this as well by looking at the Blockchain - three people received their tokens today.

You can also view the Blockchain if you like on the algo explorer website. The required asset ID is "1068473489"

Quite right Kabaa. I took interest in limewires token release, if I recall correctly investors at the equivalent stage to our situation got a 3x return at the official launch.

Worth noting the price has since collapsed

Glennstar I think the difference between your maths and my maths must be the outstanding shares. I have no information for this figure and so I used the cash equivalent from the distribution schedule which details $4.47 per share. You can see this in the second to last column of the table

Ah Kabaa apologies I was thinking in tokens not shares, my bad. In which case you are correct $4.47 per share.

And given we are expecting about 129 tokens for each share each token will need to be 3.5cents.

The token value is up in the air. For the tokens to work out better for us than the cash equivalent (which would have been paid if the tokens weren't ready in time) they would need to be worth about 3 or 4 cents. As for their actual worth, who knows

Hi Kebark,

This wasn't really a dividend even though 212 have classed it as such. This is part of the sale deal.

We had the initial payment upfront and this second payment just received was the Escrow, a third possible payment will be the security holder representative reserve. That third payment is around 9 cents a share. However I suspect the security holder representative (AM) has probably burned though much of that.

Finally will be the tokens, which we are working on collecting, but may take some leg work on your part. I have been in contact with the CFO to this end and hope to relay more information here next week, after a hopefully successful token transfer.