Member Info for Sanboy

I would say many companies touted big 2022 and could never forsee the below
- Ukraine Russia War
-Cost of living hike
-Energy price hike
-Civil unrest in the public sector
-Inflation Rise and sharp interest rate rise
-Political instability in the UK - Numerous PM's
-Loan to protect the pension funds
-Collapse of Crypto

On VLRM specific issues i think nobody couldve predicted how long it would take to get the GSX approval. Also the above had a knock on effect with the CLN being converted and forward sold.

You have to take note of all the other companies that have been hammered over the year. VLRM has followed the downward TREND . Some examples for you ON 12 month performance across sectors. Have also added some "stable shares into the mix"

ARGO -84%
GGP -45%
EUA - 81%
TESCO - 20%
CINE -90%
TESLA -68%
LLOYDS - 5%
FACEBOOK -60%
Alliance Pharma 47%

San

So why are you invested? Very weird thing to have money in something that you hate so much. On a side note i can play Song 2 Blur on the drums and nothing else :)

San

Bit of a stupid statement i made on definitive and assumption, but you know what i mean :)

San

Yes didnt add the NFT platform as that is unknown right now. The others i mentioned are definitive, if you make an assumption that we take the 20% option like we did for the GSX. Will cost money, but should give us engineering / development resource if we go down the gatenet hosted infrastructure route for the GSX conversion and NFT hosting

San

At the moment it is there only tangible asset. Hopefully not too long in this quarter at that will no longer be the case. VLRM will own a national stock exchange with 2500+ products hosted, an Asset Management company with x amount of existing clients and 20% of a group building blockchain hosted nodes and utility tokens. Im not sure the value of £7m will be accurate after that, but who knows where the market will move this. Like ive mentioned before the 2 key reasons we are down here is because of the CLN destroying any movement North and the liquidity in the market. Latter should flip this year if you believe the moderate improvement forecast for this year. The second point needs to be addressed

San

Dont know and not really part of my investment case here. If Vinanz does well then great, but the NFT marketplace and the GSX expansion and conversion are the big plays here. Really dont know why they bought the miners. Very silly move in my opinion and think it was during the mining Hype period.

San

Lots of Sans in that post :)

GSX posted a $12m revenue so VLRM will be revenue generating. I believe Juno and GSX group are also revenue generating (Statement i picked up on a few months back), so once the deals go through (Q1), VLRM will be revenue generating like Argo. Im not sure if they are profit generating though as i cant find a breakdown of figures. However, if you look at the MCAP valuation to revenue then its entirely possible that this can do an ARGO. The gap between where it is now to what the mcap should be with revenue generation and PE ratio is sizeable and will eventually be plugged. This however doesn't incorporate financial points that could throttle this move North (CLN, Further funding through dilution etc).

San

San

San

I know the RNS back to back so understand the company points. I have added some interpretation from the wider market into the mix to provide a reason why I think they have gone down the route of expansion before any conversion. My opinion like yours about RP having a UAE number…your hypothesis is much stronger and has a vast amount of substance

San

The second part of your post is conjecture and i would argue that the Gib Gov would never had allowed an individual to buy their national stock exchange and then run off to UAE to milk a salary. Anyway, your first point is a fair one, but if you look at the current products hosted on the GSX then i can understand why the strategy is to expand the GSX to host floated companies before any conversion to digital trading is initiated. If you look at the GSX currently, it only hosts debt bonds and a bitcoin fund randomly. The product demand wouldn't be there right now, unless crypto investors want to buy into a stable bond. There isnt much value there, other than volatility protection and using that bond as a guarantee on a loan (not ideal in the current financial market to get more debt even with a stable bond). The value will come through security purchasing to ride the stock and crypto volatility (big risk/ bigger reward).

Personally, i believe the NFT play is much bigger and will add significant value to the MCAP. The RISK is on how this will be funded. Thats the investment case here

San

Groupplease you may be right, but at the moment it feels like the CLN is happy to hold this in the 10p range. Notice that sells dried up when the buying stopped. Obviously this could change at any moment and we could drop further, its anybody's guess. Based on timeframes posted on the RNS, we should see a nice bit of news flow this quarter

-Deal sign off complete (GSX, Juno, GSX Group %)
-GSX Expansion plan (ME Start up hosting )
-NFT Plan
-Funding agreements

The latter is the biggie here. How will funding be completed and will it focus on killing the CLN off? Any placing will be at a significantly discounted rate, unless they try and mimic TNT (Although reading between the lines there is a CLN at a discounted SP on vwap) . They could use GSX revenue for a bank loan, but not sure whether this will be acceptable? Could also get a sponsorship or ME investor at a % of the company ? Lots of possibilities, but a big outstanding question that needs answering

San

Can only access funds when 60 I think, unless I take early and pay back government money given to me.

San

I have both. My SIPP is in other shares. I am a homeowner

San

Chimers, its a good point . My average is 26p i think, but that's irrelevant as i traded it to make profit to buy more shares and take out original investment and some profit. As it stands i have lost a lot of paper profit, but am up a few fold over. Hindsight is a beautiful thing, but as long as you are happy to switch off on SP fluctuations and stick to exit price then means nothing really. Suppose its all down to risk appetite, personal circumstance on investment etc. For example, my average price is heavily impacted by my LISA that i just forget about till i need it when im 60+ years old
Obviously different situation for others here

San

According to the share register David Lenigas holds 7m and that hasn't changed since last year. That was updated recently to show the new nominee holders. Posting a higher share holding on the books is a very risky thing to do if he gets investigated. Not saying he hasnt done this though..

San

I have zero connection to David Lenigas and only knew about who he was after i invested here. Why would i care what other shareholders do?

Anyway, a pointless post with no value

San

It helps that liquidity is coming back to the market as a result of lower posted inflation rate posted by the US and a stronger pound with expectation that financial markets will rebound in 2023

San

I think its more to do with somebody or something absorbing the forward sold CLN conversion shares. Take a look at L2 and the rounded clips going through. The increased volume and accepted buy price by the buyer is making this move north. There were more sells than buys yesterday and today, but the SP is going up as the buyer is accepting the rising ask price. Minimal PI selling is helping too. The big rounded sells are not a PI in my opinion as every time you do a dummy sell it never gives you the price of the rounded sells (Always much lower).... tells me they are forward sold from an institution, in this case the CLN on a big order. Hopefully the buyer will continue to want more

All my opinion and nobody knows for certain apart from the brokers actioning

San

Well an example could be the use of gatenet which already has a hosting node on polymesh. They will own a percentage of that when the deal goes through to purchase gsx group (gatenet owned by GSX group) . All assumption obviously as nobody knows till news is released

San

Strange you think only the big companies survive in a multi tiered ecosystem like blockchain. Are you saying that VLRM can’t sit around big boys and enjoy their segment of the market? They could well absorb a whole host of ME new start ups or IPO’ing existing companies and enjoy a much higher market valuation than where it currently sits. Not forgetting the NFT marketplace where VLRM can have a big foot in the game if they move quickly… which they don’t like to do

San