VLRM comin months11 Nov 2021 09:38
Guys, I know BOD can't tell you much as UK market regulation restricts disclosure of sensitive stock price information, but we can probably read between the lines.
The rights to take over 80% of shares in GSX is a clear signal that VLRM intends to create its own exchange on which it will be possible to invest cryptocurrencies in shares. Such a solution is much more than an investment instrument - it is rather opening up opportunities for dozens of investment instruments.
Richard's earlier announcements about the creation of a bridge between fiat money and cryptocurrencies is nothing but the possibility of investing in companies present on traditional markets with cryptocurrency investment opportunities through the NFT passport. That passport will act as shares entitlement.
Such an exchange on Gibraltar would solve many problems faced by cryptocurrency owners with prominent wallets, but it may be difficult to implement from a legislative point of view. That's why no news yet.
I am convinced that when we enter the period of implementation of the plans, there will be a lot of good news and with each week we will hear that more companies are joining the stock exchange with new investment instruments.
I think that VLRM has no intention of making money on transactions, but on the stock exchange that will unlock investment opportunities for cryptocurrencies and the cryptocurrencies themselves will no longer be an investment in itself and a currency for which you can buy shares in a company listed on GSX.
For me bullish for long hold, doesn't matter you get share for 40p or 80p. These price levels will be the history later next year. My whole SIPP is here. GLA