Valereum Blockchain – what on earth has caused a regulator to spend almost a year vetting it as suitable?
By Tom Winnifrith, the Sheriff of Aquis & AIM | Saturday 22 October 2022
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Richard Poulden’s cash guzzling car crash of a company, Valereum Blockchain (VLRM) yesterday tried to reassure investors with a statement regarding its proposed purchase of the Gibraltar Stock Exchange. But the statement begs more questions than it answers. Valereum says
Premium content is for paid subscribers only
ShareProphets is reader-supported journalism
Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.