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1 July 2021
Valereum Blockchain Plc
Completion of £1 million Placing at 70p and Total Voting Rights
Valereum Blockchain Plc (AQSE: VLRM), the uniquely positioned Gibraltar based blockchain
technology builder, is pleased to advise that it has completed the £1 million placing at 70
pence per share, as announced on 21 June 2021.
Total Voting Rights
The Company's total issued and voting share capital consists of 66,398,453 Ordinary Shares.
This figure may be used by shareholders as the denominator for the calculations by which
they will determine if they are required to notify their interest in, or a change to their interest
in, securities of the Company.
END
Well done Sirsiro and Crawshaw.
By the way, not that I'm sulking, are we considering late trades from today that will be added tomorrow morning? Well, you know, just in case it goes to 55p first thing tomorrow (based on today's late trades). I'm just saying. It's a technicality, but a valid one. I'm joking of course.
Anyway, well done to Sirsiro and Crawshaw, but more so well done to everyone that held in the face of uncertainty through the past 7days, and anyone that sold, I hope they come back soon. Oh, and thank you @raharh for managing the end of month competition.
Onwards and upwards VLRM.
It's maybe two or three weeks since I last checked the Cineworld shareprice (I may be wrong, but feels like that). So I hope everyone is well, I've zoned out of this now, though I've still got £11k invested (currently showing as £8k with £3k loss), I'm not at all worried. She'll eventually come good. Long term hold for me. I'll sell when it's £2 or more.
Good luck all. Stay strong
Vinay Guptas credentials speak for themselves. I know that William Shatner (aka Captain James T Kirk from Star Trek) even has a deal with Mattereum, its been all over the news for the last 12months. Linking Crypto and Fiat assets gives Crypto real world use, which lets face it, at present it has very little use, and when it can be used, it is very difficult to use. So the Bridge and MAP changes that (and I'm getting out of my comfort zone talking about this now).
@djm1, seems that way unfortunately. You know VG then? I had a very brief direct communication with him a couple of months ago, but I thought I'd leave the guy alone after that. He probably gets hassled all the time, besides I much prefer him working than answering my nonsense.
I know from presentations and videos I've seen of VG (all available on youtube) hes very honest about the pros and cons of anything in crypto / NFT world. Nothing in life is perfect, very rarely do complex products and services go according to plan, but people simply find 'a workaround' to those problems; that happens every day everywhere.
@djm1, I agree with you. There are facts, and then there are opinions, predictions, rumours, bad mouthing, fanfare, extreme right views, extreme left views, labour, conservative, liberal, or green.
Just like Cummings and Han**** (unfortunate how the two names go together), love them or hate them, or is it a case of most do it, but only some get caught. (Not entirely sure why have said that, but seemed relevant as I typed it, and even though it doesn't anymore, it's kind of funny, so I'll leave it).
Perspective and risk appetite are individual characteristics, and what seems reasonable to some may be unreasonable to others. Everyone listens to the bits what seem reasonable to themselves, and that is all anyone can do; just like learning on here what to listen to and what not to (go straight to the last paragraph if you don't wish to read the rest)
1. So is the Telegram group useful? I'd say so, and it is useful to me (that is my perspective), no one has to agree with me.
2. So is it ramping? No. There are over 700 people on there, many have conservative estimates of the future SP. If all on Telegram were saying £10/SP like some orchestrated pre-arranged mantra then I may agree with the 'ramping' suggestion (I say "may agree" because what if they were right), but again who is to say it wont be £20/SP (though I personally cant see it, but that's my opinion), but only a handful on Telegram say £10/SP, but most on there are very conservative and ask lots of questions, so from my perspective based on what I have read and as a general overview of the Telegram group, they are not ramping. Some on there may even say £100/SP for a laugh, but they are not being serious; its a bit of occasional banter to lighten and brighten the mood.
3. Are there strong personalities on there? Yes, but there are strong personalities in every group, and on Telegram they strongly believe in VLRM and strong personalities always speak up, but they are fair. It can get boisterous in the evening, but someone will say something if it gets out of order. You've also got to take in to consideration the events of the last 3days. It will make some people more resolute, some will be aching, some will be defensive and some will be louder. It was to be expected after the last 3 days. But they support each other well.
4. Its also a bit of a laugh and it will be a lot of fun on there during the football, especially when the home nations and in particular England play. Its worth joining for that alone, and you can pick up some very funny gifs.
Don't take my word for it, nor am I suggesting everyone goes on there, but what I am saying is that there is some useful information on the Telegram group and they have a lot of good information pinned to the top of the chat so that everyone can find it easily and be directed to it.
That all said, I would recommend the Telegram for picking up information, but people have to learn to use their own filter (whats good and whats not) as you do in any walk of life.
Thats good - it should have about 730 members (it was 500 when I joined last weekend), and I'm told it was only about 50+ a couple of months ago. Just from my experience this past week, during the day there can be a couple of hundred on there at any one time, but most just read, and then there are some regulars who post often. I tend to read more than post, and usually skim read at the end of my working day, focusing on anything that catches my eye. I certainly don't read it all, as I haven't got the time, so I just focus on the messages that were posted around 10am (after an hour and half of trading) and the ones posted after 1630 to get a feel for everyones opinions on the days trading. So you dont have to read it all, nor do you have to post messages.
Its a very knowledgeable group, and a good support group, and a few of them know the major Shareholders and some also follow the Mattereum chat (Vinay Gupta). Occasionally you will see people screenshot and post Vinays comments about VLRM from Vinays Mattereum group which is always good to see.
The group is less tolerant of abusive behavior as it is self-moderated.
A good point someone made on the telegram group was that because only a small number of shares are in circulation, anyone with seemingly large shares can cause significant significant fluctuations in the share price. For example, someone selling 100k shares in BP will not make any difference to BPs shares price, whereas in VLRM it would. So the VLRM share price fluctuations seem more scary than they are, but in the context of the number shares in circulation, it is not that bad (and should be expected).
I posted the below yesterday afternoon I think it was:
This is interesting from the Telegram group that I just spotted (see below), adds weight to what myself and few others are suggesting (though we could easily be wrong, but we could also be right), and also what spotted D-B mentioned earlier this morning too, about some negative comments on here on the 23rd May then a few days later there was an RNS about NFTs and Securities. So this is from the Telegram group posted by Liam (not sure if its @Liam55 on here, apologies if its not you @Liam55):
"Rogue Baron submitted application for OTCQB on 12th April and first day of listing was 22nd June. Valereum submitted OTCQB on 19th April - this is what backs my theory up that OTC listing will be on 29th. Both sponsored by G&C".
I'm not saying the above is right, nor am I saying that OTC will be on the 29th, but several events are pointing towards that. So we're basically taking a handful of events that have occurred in the last 48hrs, adding some other patterns of behaviour from the past to help inform the future, then trying to theorise and speculate a conclusion.
An alternative perspective:
Amazon was once considered "pie in the sky", "it will never work", and "Bazoz is a super ramper" they once said.
So if VLRM are the only ones doing this and will therefore have first mover advantage, then the hope is that 'connecting real world assets to crypto' does take off. I'm no expert, but I'm guessing RP is backing the product, and hes in a way saying, 'well if this works, and the finance houses jump on to this, then it should be worth £10/share'. You've got to believe in the product. Jeff Bezoz believed in his product, when everyone else told him to go do one. You can just imagine Jeff Bezoz back in 1994 saying our SP one day will be $3409 USD, and everyone calling him a "super ramper, hang him", and every other name under the sun.
So in VLRMs case, the so called ramp is everyone elses interpretation of the context with which £10/share was said in and how they perceive the future to be through their own lenses rather than RPs.
If all the finance houses jump on this, then whos to say its not £10 or £20 share. So we're all passing judgement on what we think the uptake of the product will be.
That said, I'll be pleased with £1.24 though, whereas RPs £10/share is beyond the level of reality that I am capable of seeing for VLRM at this moment in time.
I don't have the experience, but is it normal for the SP to be the same as the placing on the day the transaction goes through?
I was invested in Arb a month or two ago, and something similar happened whereby the price was driven down from £2.00 down to £1.30 over 3days and no one could understand why at the time, and then as if by a miraculous coincidence, the placing RNS dropped for £1.30 (and the SP went to £1.30), and only then did the SP shoot back up again. That was my first experience of a placing in play with the SP.
This is interesting from the Telegram group that I just spotted (see below), adds weight to what myself and few others are suggesting (though we could easily be wrong, but we could also be right), and also what spotted D-B mentioned earlier this morning too, about some negative comments on here on the 23rd May then a few days later there was an RNS about NFTs and Securities. So this is from the Telegram group posted by Liam (not sure if its @Liam55 on here, apologies if its not you @Liam55):
"Rogue Baron submitted application for OTCQB on 12th April and first day of listing was 22nd June. Valereum submitted OTCQB on 19th April - this is what backs my theory up that OTC listing will be on 29th. Both sponsored by G&C".
I'm not saying the above is right, nor am I saying that OTC will be on the 29th, but several events are pointing towards that. So we're basically taking a handful of events that have occurred in the last 48hrs, adding some other patterns of behaviour from the past to help inform the future, then trying to theorise and speculate a conclusion.
I posted this earlier this morning:
We all know the OTC is imminent, so looking at the last few days:
1. We had the placing (at 70p, and warrants at 80p). I believe that's usually a signal for a base price from investors.
2. Then you had the selling, some would say it was induced (at prices lower than the placing) of smaller shares and bigger block sales, but most of the bigger block sales were bought up.
3. MMs will obviously require shares to sell when OTC happens.
3. I've heard (and I haven't had time to check) that OTC listings are usually Tuesdays.
Could it be? that is the question
Some Holmes sayings springs to mind, "when you have eliminated the impossible, whatever remains, however improbable, must be the truth", OR even better
“In solving a problem of this sort, the grand thing is to be able to reason backwards. That is a very useful accomplishment, and a very easy one, but people do not practise it much. In the every-day affairs of life it is more useful to reason forwards, and so the other comes to be neglected. There are fifty who can reason synthetically for one who can reason analytically…Let me see if I can make it clearer. Most people, if you describe a train of events to them, will tell you what the result would be. They can put those events together in their minds, and argue from them that something will come to pass. There are few people, however, who, if you told them a result, would be able to evolve from their own inner consciousness what the steps were which led up to that result. This power is what I mean when I talk of reasoning backwards, or analytically.”