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.
At a quick check, VELA is -to use my earlier analogy- a multi-horse stable. Shareholders here are buying into exposure to multiple high potential new tech co.s, any single one of which could explode:
VELA has:
££££££££££2.9% of BLT [MC GBP£70-80m currently]
££££££££££1.9% [£200k] in Argo Blockchain PLC £ Crypto mining app - oversubscribed.
plus positions in the following
££££££££££Rosslyn Data [LSE. RDT] £ MC £6.8m Machine Learning data tech company. Reported gross revenues up 74% YT Oct 2017, net cash £1m etc.
££££££££££Portr - proprietary technology for a fully-responsive booking platform (luggage transfers)
££££££££££Vibe tickets £ co. including previous Ticketmaster specialists.£Vibe Tickets is an international disruptive fan-to-fan app transparent, trusted and dynamic, allowing fans to exchange and negotiate on the price of tickets for live events.
PLUS:
££££££££££BlockchainK2 Corp £ pending conditions being met, proposed investment in this mining rig
BTL Group to Attend Consensus 2018, Judge Hackathon & Demonstrate Interbit in Public for First Time
VANCOUVER, British Columbia and LONDON, May 11, 2018 (GLOBE NEWSWIRE) -- BTL GROUP LTD. (TSX Venture:BTL) (“BTL” or the “Company”) is pleased to announce that it will be demonstrating its Interbit platform in public for the first time, next week, at the Consensus blockchain conference in New York. BTL’s booth is number 133 and its exhibit will allow developers to interact with the platform and build applications on Interbit blockchains. Furthermore, the first third party blockchain application built on Interbit will also be unveiled at Consensus.
Trading in the common shares of the Company is expected to begin on the TSX Venture Exchange (the “Exchange”) under the Company’s new stock symbol “BITK” on May 30, 2018.
Argo Blockchain PLC - pleased to announce its intention to seek a listing of its ordinary shares to the Standard Listing segment of the Official List and admission to trading on the London Stock Exchange's main market for listed securities and a conditional placing to raise approximately £20m before expenses.The flotation is expected to value Argo at approximately £40m and will make it the first crypto-mining company to join the London stock market.Mirabaud Securities is acting as Sole Bookrunner and Corporate Broker for the Company.Proceeds from the share placing will be deployed to expand the company's services and fund its growth. Jonathan Bixby, executive chairman of Argo, said: "A London stock market listing will provide Argo with the profile, credibility and access to global capital to drive our growth and help us establish a leadership position in the long term." Argo, a UK-Canadian venture, is set to transform crypto-mining with the launch today of a new low-cost, flexible and easy-to-use service for users.The service is aimed at addressing pent-up demand from users who want to benefit from mining digital currencies but have been put-off by its complexity and significant up-front cost.The company's solution is mining-as-a-service (MaaS), which enables users to commence crypto-mining without the need to have significant computing expertise or acquire complex and expensive hardware and have the frustration of setting up their own systems. Users can start mining for digital currencies within minutes of accessing Argo's website on a mobile phone or computer.The launch comes as the company separately announced plans for a flotation on the London Stock Exchange to raise substantial new money to drive its expansion.Using state-of-the-art computing hardware and mining software, the Argo platform also saves time and vastly improves user-experience.
Argo Blockchain to IPO in London with new service to 'transform' crypto-mining
Published on 11 Jun 2018
Jonathan Bixby and Mike Edwards from Argo Blockchain spoke to Proactive's Andrew Scott following the launch of their new crypto-mining service for mainstream consumers