RE: Tecan19 Jun 2025 17:48
Another meme stock; was actually called Meme Vault, prior to that Pitch Pit and now Vault Ventures, Vult.PL.
I had a look at the accounts and they are a sorry state! Money they raised will be for Ethereum treasury and general wc (wc about right!). The directors have plenty of stock and warrants galore which have just hit the strike price. So there will be so many zero’s after the number of shares that excel will give you a power of 10 just to fit in a cell!
“ The Company has issued warrants over 3,000,000,000 new ordinary shares. Of these, 2,710,000,000 warrants were issued to investors participating in the Placing, on the basis of two warrants for each subscription share, with an exercise price of 0.02p per share ("Placing Warrants"). Jeremy Woodgate, a Director of the Company, was issued 50,000,000 warrants on the same terms as the Placing Warrants. 240,000,000 warrants were issued to previous round investors and other participants, with an exercise price of 0.05p per share (together, the "Warrants"). All Warrants are exercisable for a period of three years from the date of issue.
Following the Placing, Derek Lew and Brian Stockbridge, Directors of the Company, will respectively hold approximately 25.01% and 26.88% of the Company's enlarged issued share capital, held through their personal holdings and wholly owned companies.”
Normally I wouldn’t touch this lot with a barge pole but that’s not the point. Try and grab some and sell half on a double then roll ones stake onto the next pipe dream. This treasury ‘metaverse’ is converting back into hard currency! But don’t believe the BB rampers. Manage your own risks coz the music will stop!
Vult.PL’s USP, well their only point is; they have an Ethereum treasury. So that way you can spread your crypto risk. An oxymoron if ever! And of course purse tucked away in Dubai to keep the costs down! lol!
So I may just grab a few hundred million!
Peeps will buy and so will I but when it crashes don’t cry!
Usual caveats
Trek
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