Member Info for takecare

Today lse showing over 1m shares sold and 85k vol bought. Similarly high sale volumes late last week. TG group seems to be saying not real sales, just people transferring to ISA’s. How?

Post today in the Telegram group along the lines of '7000 shares for just £400. What a bargain, I'm going to average down'. By implication you should too, which is the point of such posts in the group - keep some volume and encourage people to not just hold, but invest more.

If you bought a job lot of buckets and found they all had a hole in the base, then saw the seller had reduced the price, would you really say 'bargain. I can get some more buckets that don't work even cheaper than before. I'm investing'. Probably not. Welcome to valereum.

Got to be case for group action for the probably 600+ LTS who are genuine but got caught out? I wonder at what point the telegram group will suddenly just get deleted when they realise they can't string their captives along any longer. It's proved a pretty useful tool so far and I'm sure it's a proven model. But to someone looking on, it can't be too far from game over now.

I think for many LTS who got caught up in this, they won't let themselves see what is going on. As Melchett says in Blackadder: 'If nothing else works, a total pig-headed unwillingness to look facts in the face will see us through'.

I don't think many see that in reality this shell company of 2 people with no technology or IP which has (maybe?) spent most of the money invested (24m?) on director /consultancy fees for the main players? If it's been spent on something else nobody can say as the question has been raised so many times here and is always ignored.

Instead LTS continue to believe they have a piece of something incredible. Although after all the direction changes I doubt any of them could really explain what that is and why it's so magical.

While at best they have ownership of a small existing exchange valued at what they are buying it for... They seem to think than none of that (nothing) is somehow 'priced in'. So likely many have kept topping up and averaging down, in line with what they are beening fed in the telegram group. Very depressing to watch.

Telegram group continues to encourage people to ‘average down’. The worst thing to do. if the share is so great (it’s not) and you still BELIEVE despite all the evidence that it isn’t, just hold. Don’t buy more. Surface level logic of averaging down seems ok, but it’s a very poor strategy. It is good for those behind this pump and dump mess of course, which is why they tell you to do it. This share a great demonstration of people’s capacity to believe what they really, really want to be true. Although how anyone believes Patrick L Young is in anyway an asset or capable of transforming an industry, or that this company has ANY IP or tech to do it is beyond me. They don’t have anything other than ability to extract and spend other people’s money.

JususSuperShare, how exactly does one STOP a friend or MAKE a family member do one thing or another? You can provide your opinion/info, but they make their own choices. What with being adults and everything. Here's a reminder of some earlier questions others have asked that I know you and your fellow rampers won't answer:

What has happened to the £24m of investors funds?
Why doesn't the company have any significant assets?
When are the 2022 accounts being published, they were signed off at the AGM in January?
What work is being done in the background to build an infrastructure for the business?
How many employees does VLRM have?
When is GSX going to complete?
What happened to the Bridge?
How are they building a blockchain based Fiat and Crypto asset exchange?
What happened to OTC?

Can I guess your response- 'I'm not going to answer as I've done my own research and you are a bot/one-account/MM. PLY is a god and I have faith in his genius which will get this share to £10, while he walks on water and drinks his wine which was once just water'.

Well good luck to your family. I personally think it all sounded ground-breaking on the surface, but I don't believe there was ever actually a real plan beyond the ramping to bring in the share investment. Those involved seem to have no track record in this area. Lots of big claims about PLY, but his own linkedin profile doesn't match the hype at all. So I don't think the problems are a lack of communication, it's about a lack of a viable business. But it seems that isn't actually required for a few people to make a lot of money at the expense of investors like your family. I'd love any of those who continue to defend and ramp this share to answer ANY of the very reasonable questions Crawshaw posted earlier today (and MeanMrMustard68 before that). But they won't. Of that I'm 100% sure.

Hi David777. I really feel for your situation. It sounds like you came to this share in the same way a friend of mine did. He was convinced this share would make him rich and got friends to invest too. He had never invested in shares before this one. Have you done much before this? I haven't posted for a while- i did a while back trying to warn people about Valereum (as others have on here, as it seems dodgy as hell). The only things I'd add is you've said you are down about 38k, with shares still worth about 10k. For what it's worth, don't think about 'averaging down' as the Telegram group like to advise. A really bad idea. And while it is horrible to lose 38k, its worse to lose another 10k (ie all of it). That is quite likely in my view (and its very unlikely you make your 38k back on this share, so consider cutting your losses and put the 10k into something different and less risky. A horrible situation, but it's likely to get worse. Good luck.

I only have one account. I’ve explained why I’m here and commenting only on Valereum before. Your reply is utter nonsense. I can’t even begin to respond and won’t waste my time. If you really believe the (ever changing) story being fed to novice investors in the telegram group it would be one thing, but your posts of this nonsense suggests you are just part of the ramping.

What’s the current GSX revenue and growth over the last few years that make you feel it has so much value in it’s current form? What does ownership change to Valerium ADD that changes it’s current results? In the list of all exchanges around the world, where does it currently rank? Is it within the top 150 for instance?

Gaviscon I have avoided making comments about individuals on here, but your explanation that the purchase is 'done but not complete' and 'more than half complete' is simply nonsense. It is approved, but if the requirements (working capital etc) are not met it won't complete. Simple as that. To liken it in any way to the terrible situation in Ukraine is absolutely disgusting.

Crayoneater222 you have remarkable patience! Gaviscon to answer you. Yes I have investment expertise. But I've said before, nobody reading this has any reason to trust me and I would not ask them to. But people have LESS reason to trust any of the main contributor to the Telegram group. Why? Because they directly stand to gain from the hype they create and the removal of anything negative said within that group or here. It is why they post hundreds of messages, remove people from the group etc.

If you are totally happy with your investment, have only invested what you can afford to lose and did research outside of the TG group then my posts are not for you, so just ignore me. I wish you luck.

I am posting here to warn people to be very careful and to provide some balance. Again, no need to trust me. Just have a read of what I and others have said and JUST GOOGLE. If you google 'Pump and dump' you will find for yourself that the Valereum setup (including use of Telegram) is pretty typical. Maybe it is not that, but there are lots of red flags. Search the history of some of the people involved and see if you are happy with what you find. Have a look on Patrick L Youngs own linkedin profile and see if that career history matches what is claimed for this 'visionary'. See if you can find any information about his role in setting up lots of exchanges or look for any of the vast number of media interviews he has apparently done. I think you will find very little (his own claims don't count). It's not impossible that there is a total gap of information on the internet about him, but given his own claims of being one of the first to be doing business on the internet, doesn't that strike you as a little strange? Maybe despite that, he really is going to transform the entire finance industry.

I look for business that have a real product or service. I look for an arguable competitive advantage and something that isn't easily replicated. I don't look for a shell company with two people, buying some pretty small existing businesses that have been running for many years and are not particularly successful (andin some cases are connected to the directors). That changes ownership, but little else.

If you do google and find answers to any of the points I've raised, just post here. It may help others. If you find of credible information about PLY I'd be really interested to read it. given I've been unable to find it.

It’s a stated tactic…. From Telegram group very recently ‘it seems for every 1 good comment on LSE, there are 3 or 4 negative comments. Would be good if we could drown them out’. They do all they can to tell TG members to ignore what is written here. If this was genuine, it wouldn’t worry them and they wouldn’t bother. But to ramp successfully, they need the closed and carefully controlled TG as the main source of news…

Same thing.. check my history and I explain. I’m trying to give some balance to counter the Closed Telegram group which I believe is taking advantage of novice investors. You may think I’m wasting my time and I probably am. Instead of telling me to get a life, why not explain why the many points I and others have raised are wrong. no one does that, they just throw insults. That says a lot…

Crazy entry price is correct (I wouldn’t touch it at 5p). Why is approval to buy a small exchange and Juno (a small existing company not doing anything amazing) so wonderful? New exchange listings… again why so excited about that? The crypto-bridge cunning plan seems to have been dropped and other big, credible players (JP Morgan as one example) have actually delivered something in that space. Valereum just talk about the vast opportunity and claim their little two-person-shell company will transform an entire industry. Combine that with the dodgy history of some involved and the incessant ramping within the TG group and there is little to be excited about and a lot to be concerned about for would be investors. Be careful.

The TG grouping ramping tactics hit new lows this week. BoBoy posts that he got his two girls to invest from their STUDENT LOANS. While someone pointed out the risk of investing borrowed money as a 'slippery slope', later in the thread this has turned to "How about getting them together to set up their own 'Vlrm Teens for £Tens [laughing emoji's]. Teenagers will spread the world like wild fire on social just like they did with dogecoin... 10000% (??) in a few weeks lol"

OK, so no doubt he would argue it was simply a joke but a reply "That's not a bad idea Barry" suggests a seed may have been sewn...

How many novice investors will pull their kids into this mess, and their kid then share with unwitting friends. Shocking.

Later in the chat 'we could do with attracting more investors' gets posted. It clear they know the impact of new investors/hype driven by the TG group on the SP (rather than SP being driven by actual business value generated).

Stopping the TG individual investors selling seems vital to their strategy, to the extent someone posting something a bit negative said they were contacted by someone in the group saying "Stop it, people are going to sell based on what you are typing'.

Why so much energy into the constant hyping, reassuring, etc. Hundreds of posts each week basically saying the same thing over an over.

I don't understand how those in the TG group can't see how they are being played.

The week ends with PLY dropping to the group at which everyone gets excited that the great man (with no credible or public record of achievements) is working hard for them (or just maybe, it's for himself and his puppet masters?)

As well as questions on USP, what is their first mover advantage and what stops others quickly replicating what they plan to offer? As they are planning to just outsource dev which is yet to start, IF there is something interesting here, big and established players will just copy it. And why would user of the service want Valerium as trustee of underlying assets which is how they describe it in the RP YouTube video from about a year ago. Seems a strange setup.

In reposting, I'd now add a 3rd bullet. So here it is:

3. Have baddies to blame for anything inconvenient (like a tanking SP or having to restate balance sheet). Anyone posting on LSE qualifies obviously, but what about someone significant... Like Peterhouse, who Peter Sekhon claims have been dumping 10 million warrants at 1p and who he says:

"I have also been advised by other TG groups / admin that Peter-house are a pump and dump crew. Not nice knowing your corporate adviser is working against you! Should hopefully put to bed any rumours about others selling!"

Convenient explanation. With that sorted, they can get back to ramping, hiding behind delayed approvals (see point 1 below) and claiming transformation by super-smart PYL who wrote a book vaguely related to the complex thing I’ve heard about and is basically Steve jobs (point 2).

[re-posting as this was deleted as so many posts have been]
Firstly, I've been wrong about Valereum. I really thought it would have collapsed by now, and I don't think that will happen for quite some time. I'm still positive it will, but I think it will take quite some time. Possibly a year or more, and I think the SP may well grow again before it declines and then collapses.

For a collapse to happen the TG cult members needs to lose confidence and I think they continue to buy in to the ramping 'pot of gold' narrative. I think they still feel 13p is a 'bargain' and just think there timing was poor if they got in at 50p plus. They will probably think the same when it drops to 5p.

I think the wider economic situation really helps avoid a collapse in confidence- as the 'markets are down' is a great 'explanation' for the decline (despite it being down a LOT more than the markets).

But the wider thing is the genius of the proposition, which is perfect for pump and dump type set up. If you don't really have an underlying business, wouldn't it be useful if you had:

1. An external force that can be blamed for no news or progress, which is outside of your control. Maybe a regulator...
2. A 'theme' which everyone has heard about but few really understand and that is very complex. Something where it's quite easy to sound smart even if the details are wrong, meaningless or generic statements. And something that people can credibly think could be the next 'dot com boom' and believe could be HUGE. Blockchain for instance...

And while a NO on regulatory approval is clearly the END (which they've already set up counter with 'oh we still have NFT, bla bla') a YES is only the very start of building something significant. This part is under-estimated with the TG group, so it will be a great hook to hang more ramping off if they manage it (I don't think they will get approval, but it's not impossible).

That combination really helps people dismiss all the obvious red flags- a closed TG group which is heavily controlled by just a few small players with a lot to gain (even if they are positioned as 'independent' and just 'shareholders like you' which they are clearly not).And the fact that the major players seem to have a history of doing this multiple times before.

My prediction is that this LSE chat will be going for quite some time. What may change that is this share's tiny trading volume and the current economic situation. It won't take that many people getting into trouble with mortgage etc who just HAVE to sell even if they still believe. That risks there just not being demand for even the 'bargain entry point' for the small number of true believers that they still have.

So this is a smart investment, if only for those who a driving the TG group and/or who were in at the very beginning and know that the actual proposition has nothing to do with 'transforming the financial industry'.

It is sad (if fascinating) to watch this.

I have. Although I'm not the one making bold claims about him that don't match his own linked in profile, google searches or the fact he is touting for events work with a new showreel. With points system below the score is zero. Feel free to show up my lousy research with links that score more than 100...