Member Info for PureGypsum

Hi Albert ,

What you said in your last message seems to ring true, ii have received the document and are working through their compliance dept (given the unique element of this corporate action) and will issue a corporate action notice with the update once their checks are done!

Sorry Glennstar having re-read your post, my sentence on Halifax offers you no new info apologies!

Yeah it looks like none of the brokers have put resources into the ability to hold the tokens and fair enough it wasn't even a sure thing that they would be issued. Even if the brokers forward our details to SRS Acquium, then the brokers wouldn't need to touch the tokens surely? Others have pointed out privacy issues with that solution.

I know someone else with Halifax who was told in June "we are investigating the options available to us with respect to any tokens that may be issued"

I think it's going to take graft on our parts as individuals to get our consideration either way. I haven't received any info from my brokers as yet either (AJ Bell and Trading 212) I don't know what the usual turnaround time is from them getting the information to passing it on but I know others have begun chasing the following Brokers for info;
Free trade
ii
IG

A group of three of us expect to begin chasing AJ Bell on Monday.

At least one person who is on the shareholder register obviously doesn't need to chase a broker and he has decided to begin setting up a wallet based on the information he was given.

Yeah I mean it would work in the sense that it would be functional but with volatility comes risk.

An extreme example for demonstration purposes could be from a user experience if someone buys 100 tokens for £100 spends ten tokens on their monthly subscription then comes back the following month and it now costs 90 tokens for the subscription because thats the new exchange rate you're going to very quickly see an exodus of users who are very ****ed off and will no doubt share their negative experiences on the internet.

Yeah well great question, we will find out in the long term if cash or tokens were to be better.

Everyone I've spoken to has their own opinions, but I personally feel for the tokens to have a chance they need to be very stable, and will act far more like the Robux currency from Roblox or FIFA points or COD points from their respective games than bitcoin or any of the other cryptos we tend to think of. Vlassopulos has eluded to in game currency alot in his recent interviews (especially Roblox given his connection) and I fully expect to see Napster gift cards in my local Tesco e.t.c within a year's time, just as I can buy Robux there too. I maintain the need for stability because artists labels and even Napster themselves if the subscription is payable in tokens as has been suggested will need to know at any given time what the cash equivalent is otherwise it seems to be a admin headache to keep adjusting prices to keep up with exchange rates.

Tokens confirmed

For those on the register directly, check your emails. For everyone else (including me) expect a message from your broker very soon.

Ah that's interesting Albert, good idea to search Napster Ventures. Weird that they haven't got a secure connection, I suppose that will be sorted in good time. Worth us keeping an eye on that site I think.

https://decrypt.co/121341/napster-acquires-mint-songs-to-advance-its-web3-ambitions

Someway into this article vlassopulos says the first iteration of the new Napster platform is slated for release Q2 this year.

It's been suggested by others that it is likely for the token to be minted prior to the release of the new network.

My own thoughts are I think it is almost a certainty that a closed beta version will be available, which I believe we have essentially subscribed to be a part of via the website subscription mentioned in previous threads. I think this will prelude the first iteration vlassopulos describes here. I think he is describing a open general public full release in this statement.

To me it seems like a hell of a turnaround to get the two softwares (Napster and Mint Songs) integrated even by the end of Q2. One thing is for sure it certainly is one hell of a ride!

https://www.forbes.com/sites/cathyolson/2023/02/15/napster-makes-its-first-web3-move/?sh=59c2cb3152bb

Meaningful movement. Collections available on Napster "in the coming months".

I thought I would post this in case it was missed but we are able to join the waitlist for Napster 3.0 on the Napster website. Simply submit your email in the relevent box on the site and await updates. Napster Subscribers will get early access to "the marketplace". I have both submitted my email and subscribed to Napster in the hope of being one of the first to receive updates.

If I can be any help getting you on I will assist

I believe people who held paper shares as oppose to holding through a broker were sent a copy of the document. It's tricky to get one's hands on it because it's confidential and strictly forbidden to distribute.
I know it's been tricky for you guys to join the telegram group but ignoring the erratic emotions of the group there are some fantastic knowledgeable people on the subject as well it has some interesting resources I would encourage you to read.

I think what you were told by ii matches what I understand from the merger agreement, there will be no personal choice for us to make. The merger agreement has some interesting points on this however - i.e US persons will not be given tokens at all, instead they will be given units in an "entity" that have the same economic value as the token consideration.

It is important to stress that my interpretation of the 170 pages of lawyer talk could be wrong but I have tried my best to understand on a few different occasions.

The cash would indeed be $25 mill to be split up which works to $4.47 per share. Alternatively it would 129 tokens per share. I believe the tokens will behave very stably in terms of value, no one wants to work with a volatile currency. Not long now and we shall find out!

I understand that In the event that the tokens are launched on time my interpretation is that they will be paid into wallets designated by the security holders. In most cases I do not believe this will happen as many brokers do not/will not have the facilities to provide this. In this situation the token is distributed to either an escrow account or a holding entity on our behalf. We will additionally be subject to a lock in period of a unspecified duration, equal to that and dependent upon the lock in period negotiated with future investment and partners.

Spot on. An honest assessment from the big man indicating a strong sense of urgency to becoming cash generative rather than destructive. I cannot find the use in worrying about share price movements in the short term. The bottom line is that the only thing that truly matters is turnaround in performance and that requires honest internal assessments to identify and fix issues. No amount of lip service to rolls Royce will impact the profitability of the company.

Justthisonce, We should note that in 2018 (4 or 5 years ago) the share price was was indeed on the whole greater than £8 and I believe actually hit £11 that year, only dropping below £8 for a matter of days so all things being equal with a return of flight hours and parallels of profitability £2 is a reasonable target for a couple years time

you may well have a point on R&D but If RR SMR pays dividends to the ltd shareholders then it pays to dividends to Rolls Royce

How do we feel sizewell C consent will affect the SMR project?