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Valereum Blockchain – the new chairman Is spoofing you with his investment, supposedly, at 6p

By Tom Winnifrith | Wednesday 21 February 2024


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.


Valereum Blockchain (VLRM) may have new management but with a string of cash burning initiatives it is still spoofing like billy-o to get the funding it needs. Yesterday’s ramping including news that it was seeking to raise £4million at 6p with chairman James Formolli pledging too pony up £2.5 million at 6p. Great.
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