RE: Tom JAMES30 Jun 2022 20:54
The poor turreted one is still trying to change narrative of what actually happened. There was no “grilling” about the share price. In fact, AZ brought the subject up himself at one point.
Those of us who were actually there, and listening, found out so much more.
Even better was the management and board hung around for as long we wanted to answer all questions.
Stuart is a quietly impressive guy, a slightly dour Scotsman with an eye on the clouds at all times, just the type of person who want in Risk Management.
Amy is class, has the air of an exasperated parent wanting to encourage but also rein in an excitable child. Hope she doesn’t mind the description! :-)
Albert is new to this company but experienced in the whole listed company game, always ready to offer sage advice.
Alice is setting her stall out in terms of remuneration and recruitment policy.
Nicola shared the exact step by step of the client sales process from initial prospecting, contact, due diligence to term sheet. She reiterated that the shape of an individual deal with a client can change a number of times before getting to the all important term sheet stage. Once there it’s a matter of 10 to 21 days to funding.
It’s confirmed the Italian company for Vechain IM are past term stage, money ready to hit their account. So announcement of the key first M proper will come before or at end of July, by all accounts.
It’s clear when listening that lessons have been learned by AZ (in fact, one attendee commended his new tempered down approach) and how the whole company is like a thoroughbred in the gates, ready to burst down the track once the first one is done.
BOD also mentioned there are many investors who are literally waiting for this first one.
So, in summary, for real LTHs, the horse is saddled up, the jockey is ready, we are almost there.
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