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Tuesday, February 02, 2021 7:44:07 AM
Seeing that a significant interest has developed around VMNT. I have put together an investment DD that puts us where we're standing now. I'll be going over current and past events and why it's severely undervalued.
INTRO:
What's up everyone, feel bad about missing the gain train on GME or TSLA? Something much greater is here. The stock VMNT has attracted legions of shareholders who continue to accumulate. VMNT is pink current with virtually no debt, no notes and a low O/S. The Company has seen significant growth.
First lets look at the share structure which is one of the most important key information you should look at first before making any investment decision.
Authorized shares: 500,000,000
Outstanding shares: 65,784,086
Floating shares: 22,670,000
link https://www.otcmarkets.com/stock/VMNT/security
So why is this important?
Share structure is important because it reflects fundamental investment information not explained by stock price alone. Two stocks that have the same price may represent different values. Share structure impacts how a stock’s price acts in relationship to buying and selling activity. It plays an important roll in any stocks... For example, the bigger the share structure the more money (dollar volume) it would take for price to go higher, we call them "bloated pigs".
VMNT on the other hand-their share structure is small (Low Float), the sweet spot... not too small (micro float) not too big (bloated pig)
Lets put this all into perspective - VMNT can do several hundred percent and hold gains with just minimal volume.
Now lets get to some of the exciting stuff.
Interest started to build when the CEO @tantran secured $30,000,000 for its peer-to-peer (p2p) fintech company Fvndit/eloan.vn from 2 institutional investors.
Read more about it here: http://www.globenewswire.com/news-release/2020/09/08/2090187/0/en/Fvndit-Closes-30M-In-Financing-For-eLoan-And-Seeks-To-Advance-Its-Market-Leading-Position-In-Vietnam.html
This not only caught interest for retail investors but also caught interest in the fintech industry as a whole. What does the fintech industry taking interest in VMNT have to do with us? Well...now the company has bankers, institutional investors, all kind of people trying to partner or give him money.
Listen to the CEO talk in an interview after securing $30,000,000 here:
https://twitter.com/NEOstockhacker/status/1356023450029092867?s=20
full interview here
*Keep in mind a NY-based banker has been retained for $10,000,000... yes, cash on the side if the CEO of VMNT ever needs it.
I can get into more detail about all this above but lets keep this quick and short.
Now lets talk GOLD and SILVER...
"WTF!!!... i thought this was a fintech company?"
It is.
The CEO is has a plan to make its own stable coin... A crypto currency backed by gold or silver! It really is shitting on shit coins (altcoins)
So why stable coin?
1. it's their own currency
2. more services
3. making cross boarder transaction of cash more easier
(stable coin definition)
https://en.wikipedia.org/wiki/Stablecoin
Keep in mind they have been approved on https://www.gemini.com/ for an institutional account... pretty soon you'll be able to add VMNT coins in the same digital wallet as your BTC or DOGE coins.
Here are some details of the new gold acquisition
Vemanti Group Signs LOI With Marena Gold
https://www.otcmarkets.com/stock/VMNT/news/Vemanti-Group-Signs-LOI-With-Marena-Gold?id=281995
The company Marena Gold Mali is already a $160,000,000 that is projected to be a $700,000,000 company
Partnering with VMNT it will increase their production levels to ten tons a year and will get them qualified for LBMA and that's just for the refinery business.
The LBMA, which stands for the London Bullion Market Association, plays a huge role in the bullion markets and may be the difference between you receiving genuine gold from a trustworthy supplier, and being deprived of your money and left with nothing
LBMA London bullion market association
http://www.lbma.org.uk/
On top of that there's 3 mines near Barrick Gold corp which is one of the biggest gold corporation. One mine is projected to yield 5KG per day, that's $100M per year now multiply that By 3, That's $300,000,000 annually.
Listen more about it here
https://twitter.com/NEOstockhacker/status/1356176160984453120?s=20
VMNT is an exciting story developing in small caps and on it's way to being up-listed on Nasdaq where the initial open price start at $4.00 per share. CEO Tan Tran goal is to be above a $1 billion dollar market cap which puts us at $15.00 PER SHARE!
$15.00!
Tan Tran twitter:
https://twitter.com/tanctran
Tan Tran linkedin:
https://www.linkedin.com/public-profile/in/tan-tran-949238b/?challengeId=AQGovbQItSKGIwAAAXdh5v-MrOJpwScAqnYINZhXqVjo7x4int93jZBrxpjXDvZUfyP4CjR2bNBwZzFf-1NjQf9nejQZ6gIEWw&submissionId=923ca4ea-9ee1-5f16-5d03-94c1ce24d734
Vemanit group twitter:
https://twitter.com/Vemanti
Vemanit group OTC profile:
https://www.otcmarkets.com/stock/VMNT/overview
Recent VMNT News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/18/2024 12:28:15 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/30/2023 04:01:29 PM
- Form 1-A/A - Offering Statement [Regulation A]: [Amend] • Edgar (US Regulatory) • 10/10/2023 10:07:01 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:00:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/14/2023 02:27:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/06/2023 06:27:26 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM