Member Info for Sanboy

Excellent presentation. In the draw these go.

San

It will be interesting to see. I dont think there is any doubt that the deal will go through, the mcap is undervalued based on the current revenue and that the concept has a huge position in the market. There is clearly a demand for this type of product so if this is done correctly then the revenue could be eyewatering. The assumption on that is VLRM take revenue through a commission per trading of security, as i cant think how else revenue will be captured from the digital platform. Could be a set transaction fee or a % commission etc. Either way the success of this will be driven by the crypto whales and the value they see of leveraging against volatile moments in the crypto world. Another assumption is that they will be able to sell back into crypto or FIAT.

With regard to Dave, i have said before that investments shouldn't be dictated by a single shareholder. He has the ability to hammer the SP or drive it at that point in time, but the offering doesn't change. The fundamentals dont change. Just relax, switch off, go buy a Christmas tree, spend time with the family and let this one mature into something that will hopefully make people a lot of money...

San

Yes perhaps, but if it is dilution then its no drama. People have a huge problem with it, but if it means a significant improvement in the revenue then its a "speculate to accumulate" position. I think people may be surprised too, but im only guessing based on the same knowledge you have from telegram and twitter posts.

The main point is that even looking at the GSX valuation on its own merit, the MCAP is too low. I suppose we will get a better detail on the GSX books when the deal is signed, but based on my research the growth of the platform based on revenue statements is very good

Dan

Not sure on the price, but i would assume that the exchange will be purchased through share offering and potentially cash, which means dilution. I could be completely wrong but don't think they can get a bank loan because they cant prove repayment due to no revenue generation? Either way, i believe its happening and will be completed before Christmas. The share price will rerate as the valuation of 80% GSX is much higher than the current mcap. Time to switch off as its all cyclical. Currently we are in a downward trend, but then we will be on an upward trend, and then we will be on a downward trend and then up etc. If you believe this is company will fail then sell, if you think it will do well then buys... Its really that simple.

Fluctuation in SP means nothing at the moment, unless you want to trade this stock. Personally i believe the company valuation will be closer to 50m on purchase of GSX as i believe 80% ownership of a 12.8m dollar revenue product with x5 PE (Conservative) is accurate. This obviously doesnt take into account any dilution on the deal (If applicable) or actual future potential. Now the kicker will be the first token tested on the bridge (Conversion of the GSX to the digital trading platform), as this opens up the mcap to bigger future potential valuation. It means the concept has been proven and regulation has approved the debt security being bundled up and traded with crypto outside of market hours. This is potentially worth 100s millions. Take a look at the asset valuation on the GSX currently, which have already got regulation approval in that country (Worth 5 billion think). Wouldnt it be great if you could be trading securites like debt and government bonds using your crypto. It means the big whales can diversify their portfolio without dipping into fiat and leverage against Crypto volatility. Think the aim is to expand this offering by connecting multiple platforms. Also regulators will need to approve share trading out of hours, but if new companies want to host on GSX then that gives them exposure to significant liquidity
San

My drum has made me a significant amount of money on VLRM so every day is the day. As I always say, feel free to provide some structure to your argument and we can have a debate that will be of value to this forum . I’m up for it.

San

I have just tweeted on this, but notice on here people talking about lenigas and empty promises etc. It would be great if people took responsibility for their own actions. Nobody should be investing on a forum post, tweet, a person like David investing etc. Please DYOR before investing. Take the time to read the company RNS, website, GSX profile, GATENET, Mattereum whitepaper, google news on Crypto and Gibraltar, Hassans Website etc. Read helpful posters who provide facts rather than statements.

Don't be part of the lazy culture of investing because of a tweet and then blaming others when the pot of gold doesn't arrive. I believe personally this will be a big deal, but that is my opinion (Statement) based on the research i have done. For those looking to invest, join the Telegram group as it is a great place to get information and you are welcome to DM me on there and i can point you to reading material

Regards

Dan

to add there is plenty of information about, but you have to dig for it. I look at

- GSX and revenue figures - zoomfigures
-GSX and product offering - website
-VLRM and company breakdown - Website, historical RNS
-Hassans company - Website
-Patrick Young - CV posted
-MATTEREUM - Mail, Telegram group
- Market Mechanics - Free L2 on ADVFN
- NFT and Crypto - Google news etc

Its all out there just needs hunting.

San

We dont know the valuation of the deal and it could be a cash / share offering split meaning dilution. However buying a revenue generating product that is expanding is a big deal for this size of company. If you take a look at many AIM or AQUISE stocks they are a significant way off revenue generation so much of the mcap is based on expectation and hype. To a degree this was VLRM, but the purchase of this means the concept becoming a very real offering over the next few months.

TBH a big deal is made on OTC and don't really see it. It may improve liquidity of the share, but it isn't really significant; Infact some shares have either stayed where they are or dropped on float (MODE). I have assumed issue with OTC is down to man power as some companies in different sectors are getting to float after submitting forms in April.

Apologise if i came across abrupt but hadnt had my morning coffee :)

San

Nothing smells off here and i wish people would do their research before posting. Ive been trading and investing for 7 years now and i see this time and time again. The SP goes down and now its a pump or dump, or the company are failing. Inaccurancies are posted and people read into it. Let me simplify for everybody here

- The bridge is currently a concept that has become more real with the agreement to purchase 80% of the GSX exchange. Currently the GSX hosts debt securities and bond products so isnt like an exchange we know with floated shares etc. With the agreement to buy the platform, the government are effectively allowing tokenisation of the exchange current products (2500+, worth 5 billion). This will allow MAP tech to be used with Gate tech and the hosting bridge to bundle these securities and buy/ sell them using crypto. The current revenue of the GSX is $12.8m posted Q2 2021, up 2.8m in Q4 2020 (Lovely growth rate)

We dont know the cost of the deal, but the placing of 2 million will i imagine help to procure (Answer to your question where you didnt read the RNS after the deal RNS). Now you talk about smoke and mirrors. Vinay Gupta is onboard and mentioned GSX yesterday at cop26 or whatever its called and we have Patrick Young at the helm whos CV speaks for himself. Finally we have Hassans who are global leaders in their field. I don't believe these individuals to be pumping and dumping.

The following drop is a churn of the placing shares and some nervy investors who bought high and got stung. The Book will turn and demand will come back when it hits the bottom. When the deal comes through then you could be looking in the first instance of 80% ownership of a revenue generating product that is expanding. If you times that with a 10-20x PE then this mcap looks pretty low just on that.... this doesnt take into account future expansion or the crypto bridge.
Please everybody do your research before investing or commenting

San

These are placing shares or MMS' moving the stock which is enticing sells from nervy PI's who may want to take profit or stop losing after a high buy. Its irrelevant really as the fundamentals are the same today as they were last week. I bought a lot of shares in the mid 50's and am happy to hold. I always find it strange that investors sell on a loss against no change in fundamentals. They do know that after Placing sells end then buyers are going to jump in as they see a significant upside based on the ATH of this stock? Nothing has changed so selling on a loss is rather silly to me, but only my opinion

San

Bought 153k. I like the investment case.

San

It could be significant in the future once the crypto bridge is incorporated and the existing products listed on the gsx are tokenised and available to trade (assume that’s the first phase before offering company shares as tradeable tokens). The revenue at the moment for the gsx is 12.8m on existing products that value 5bn, so 80% ownership on a revenue generating bridge plus PE ratio of x 20 ( standard tech company) is around 100-200m. Difficulty at the moment is to work out without knowing the deal. If we add crypto link then the volume could be mind blowing as will be the only regulated place to procure securities using cryptocurrency. I can see some big crypto Whales being attracted by the ability to leverage their holdings and protect their crypto during volatile moments like Bitcoin contract expiry period. The ability to then flip back to fiat or crypto will be the deal breaker. IMO that’s when the mcap explodes to life changing money. Obviously all my opinion and dyor

San

The mcap is a fraction of what it should be based on 80% of a stock exchange with revenue reports in Q2 of $12.8m. Growth has been significant on the exchange since Q4 2020 on its 2500+ securities hosted (Valuation 5b). Now you add the continued growth rate and the crypto bridging and you get a significant upside. All in my opinion on DYOR

Big drop then tomorrow if that’s the case. Was hoping for a period of convergence

San

The UK SP was exactly the same as otc price on the day or after trading?

So when ARB were floated on OTC, was the price immediately synced with UK? I vaguely remember the SP in US being higher and UK investors being annoyed that UK hadnt moved to reflect exact conversion.

Feel free to correct me

San

I think people dont grasp the concept that the SP's will be different and gradually converge, so everybody saying it will plummet to the NASDAQ price are wrong

San

Its that the mid price on the spread was tight so the algo couldnt confirm buy or Sell. Mine came in under the midpoint at the time so assumed sell, but they were defo buys ;)

San

Yesterday there were a lot of buys incorrectly marked as i bought 100k and they all showed as sells

San

Not sure what you mean, but because the spread is so time against the mid price then i have noticed that L2 doesnt display correctly. Anyhoo, im buying into this share as i cant believe the MCAP to cash position... it doesnt make sense. Looking forward to seeing the next investment from the group.

San