Vela Technologies plc (formerly Asia Digital Holdings plc) is a UK incorporated investment Company looking to acquire and consolidate holdings in Small and Medium sized Enterprises (SME's) which are active in the development of emergent technologies, hi-tech engineering and scientific advances to expedite company growth and expansion. As a result of the recent global financial crisis, and the ongoing period of financial austerity, companies have become increasingly reliant on such advances to improve profitability or efficiency. Early acquisition of such innovative technologies should provide the opportunity to optimise returns for Shareholders.
VELA holds 590,000 common shares in BTL
In addition, Vela holds a total of 25,000 warrants in BTL which are exercisable at a price of C$3.25
Vela has 3.07 per cent. of AirPortr's issued share capital.
Still going good this morning now up 35% investors starting to see the worth in VELA. £8m of BTL alone plus all the other investments. 4 - 6p target. IMO.
50% rise today and I'm still talking to myself, no problem should see 2p plus tomorrow VELA is finally being rerated to where it should be and this is just the start, 2018 should be a bumper year for BTL and all of VELA's other investments..
Still holding here. An up and down last couple of days Bitcoin down with the other currencies and BTL retracing. BTL has nothing to do with bitcoin, BTL business is Blockchain solutions when punters wake up to this all will return to normal. Still see VELA 4-6p in the new year.
The posts below are excerpts from other posters and edited by me and are also my thoughts.
The TSX made a balls up with Bk2 listinging and others yesterday, not the companies fault as TSX admitted it, Bk2 will be listed very soon.
Bk2 raises $3m @ $1.25, only 10m shares in play. 2.5m shares blocked from selling. 5m in smart money hands. Around 2m for trading - this ones going only one way.
Bk2 will add at least $5-10m to Vela's bottom line over the next 2-4 months. Just my thoughts, Also mine.
BTL started off @$.5 and reached $20. I suspect a lot more is going on behind the scenes with interbit and will be snapped up for maybe $70/$80 this year. Either via combination of BP/WEIN as they want the smart contracts technology.