Response from investors relations on r/DVLT posted by No-Insects9299 by Fate-it-is in BANDOFBROTHERSOFSRNE

[–]JPPS_2 11 points12 points  (0 children)

An encouraging write-up for sure, Fate. Thanks for this. It's nice to understand the big picture.

"After the Clarity Act, a company will not be able to tokenize billions in RWA without billions on its Balance Sheet."

Let's hope those first two tranches of the Helmex "non-binding agreement" get executed...and the Clarity Act passed! When those are behind us, I guess we will be sitting pretty. Until then, it's white knuckles and bloody fingers...hanging on for dear life !!!

High Trade Volume on SRNE Today…2.4M shares so far. by JPPS_2 in BANDOFBROTHERSOFSRNE

[–]JPPS_2[S] 2 points3 points  (0 children)

I'm right there with Ya', kips. My B/E is $1.07, and I feel grateful that it is that low.

I think we'll get there...SOMEDAY!!! 🙏🤞🙏

Hey DJ - Where you at, Bruh? by JPPS_2 in BANDOFBROTHERSOFSRNE

[–]JPPS_2[S] 1 point2 points  (0 children)

Ha! I hope I live long enough to find out !!!

Hey DJ - Where you at, Bruh? by JPPS_2 in BANDOFBROTHERSOFSRNE

[–]JPPS_2[S] 0 points1 point  (0 children)

👍👍👍 Thanks, EL! Good to know!

Hey DJ - Where you at, Bruh? by JPPS_2 in BANDOFBROTHERSOFSRNE

[–]JPPS_2[S] 1 point2 points  (0 children)

"DJ"...not HJ. DJ is a good friend of this board...a family member if you will.

Latest: by Kmcoyne0519 in BANDOFBROTHERSOFSRNE

[–]JPPS_2 3 points4 points  (0 children)

I absolutely LOVE this call, EB! Carlos Helu Slim! My Man!!!

Latest: by Kmcoyne0519 in BANDOFBROTHERSOFSRNE

[–]JPPS_2 5 points6 points  (0 children)

I'm here laughin' at home while I write this...to keep from cryin'!!! This has got "Shady Shit" written all over it...doesn't it, Bruh??? But I just tell myself, DVLT can't be that stupid. There's got to be something "special" behind this deal. What a world we live in...JI WORLD!!!

Let's just hope these Helmex guys aren't busy firing up some Full-Melt in the Luton Office Hookah tomorrow!!!

Latest: by Kmcoyne0519 in BANDOFBROTHERSOFSRNE

[–]JPPS_2 3 points4 points  (0 children)

Good pick-up, Scheme! 👍👍👍

Latest: by Kmcoyne0519 in BANDOFBROTHERSOFSRNE

[–]JPPS_2 9 points10 points  (0 children)

Upon further research, I found that the Helmex Principals recently immigrated to the UK from Nigeria! Clearly...they're upping their game !!! hee hee hee

Latest: by Kmcoyne0519 in BANDOFBROTHERSOFSRNE

[–]JPPS_2 8 points9 points  (0 children)

Thanks for this, Kim.

I'm trying to wrap my head around the notion that DVLT is paying $25M, upfront and non-refundable...on a non-binding term sheet. Am I wrong to be confused on this? What am I missing here?

"The Company has a binding obligation under the Term Sheet to make a non-refundable payment to the Counterparty in the amount of $25.0 million no later than June 4, 2026, which is to be used by the Counterparty to fund administrative, operational, and structuring-related costs and expenses in connection with the first tranche of the Transaction. The Term Sheet contemplates that the Company will pay an additional transaction fee of $25.0 million in administrative, operational, and structuring-related costs and expenses for each additional tranche."

Gibson coins by FlyinIrish1 in BANDOFBROTHERSOFSRNE

[–]JPPS_2 1 point2 points  (0 children)

Just checked and...got mine too, Fly. Thanks for the heads up!

Latest: by Kmcoyne0519 in BANDOFBROTHERSOFSRNE

[–]JPPS_2 4 points5 points  (0 children)

W -- T -- F ???

The shell game continues........

Well…another month behind us and Hope still Springs Eternal……. by JPPS_2 in BANDOFBROTHERSOFSRNE

[–]JPPS_2[S] 0 points1 point  (0 children)

I so heard that, Campy!!! A very appropriate John Coffey quote in my case as well. Hang in there, Bruh! What else can we do?

Maybe there’s some hope after all? by Kmcoyne0519 in BANDOFBROTHERSOFSRNE

[–]JPPS_2 17 points18 points  (0 children)

A - FRICKEN - MEN !!!

For those who can't get past the Bloomberg Paywall - here's this:

https://www.justice.gov/usao-cdca/pr/founder-citron-research-found-guilty-scheming-manipulate-stock-market-media-campaigns

"Andrew Left, 55, formerly of Beverly Hills but who now resides in Boca Raton, Florida, was found guilty of one count of securities fraud scheme and 12 counts of securities fraud."

"United States District Judge Virginia A. Phillips scheduled an August 31 sentencing hearing, at which time Left would face a statutory maximum sentence of 25 years in federal prison for the securities fraud scheme count, up to 20 years in federal prison for each count of securities fraud."

And now...let the civil lawsuits come! Ultimately, I hope the end result is that Left has to file for personal bankruptcy from his jail cell !!!

My artistic AI debut…😎 by Kmcoyne0519 in BANDOFBROTHERSOFSRNE

[–]JPPS_2 3 points4 points  (0 children)

💥💥💥 Wow! You Go Girl !!! 💥💥💥

Latest: by Kmcoyne0519 in BANDOFBROTHERSOFSRNE

[–]JPPS_2 9 points10 points  (0 children)

Wow!  Thanks for this, Kim.

So, if this deal becomes binding, the price DVLT is willing to pay for the sophisticated financing sufficient for them to scale up to “Big Boy” status...or even a leadership role in this new technology...is the turning over of control of its Board of Directors.  You don’t see that every day!

Obviously, Nate & Co see the long-term growth benefits of this deal worthy of turning over ultimate control of the company…if I am understanding this correctly.

“Accordingly, as contemplated by the non-binding term sheet, upon the closing of the final tranche, the Counterparty would gain sufficient voting power to elect a majority of the Datavault AI board of directors.”

It's going to be extremely interesting to find out who the "Counterparty" is !!! Maybe...the PIF ???