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Re: Lazarus post# 1234

Thursday, 12/03/2020 4:37:00 PM

Thursday, December 03, 2020 4:37:00 PM

Post# of 1462
I take it that Tan Tran and possible other Boards, Vemanti Group, or FvndIt members travelled to the Marena Gold Refinery in order to have the business discussions and do the Letter of Intent signing.

My thought is that VMNT and Tran want to have gold backed asset to develop Fintech (financial technology) and crytocurrency transaction. Fintech ideas would be to rival things you know such as Paypal, Venmo, Apple Pay, etc. If your financial transaction service has gold in a vault to back the transactions, it creates a level of guarantee that gives and investor and service user confidence in using the service.

I think the twitter pictures were nothing more than flashy show that this gold refinery makes gold bars. All gold refineries make and stamp gold bars, thats how they maintain consistency in weight and dimension. Industry standard stuff.
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