$VMNT @Vemanti 💎🙌 to $10 due diligence

•$30,000,000 funding secured and 2 institutional partnership
•$5,000,000 stock buy from Livetrade
•Marena Gold Mali Acquisition
•Uplisting QB to NASDAQ
#VMNTDD

The payments wars in Japan are heating up and one of the battlegrounds is convenience store coffee.

“Coffee? What does that have to do with payments?” I’m glad you asked.

Convenience stores are low net margin businesses, which sell some high gross margin goods/services but a lot of low ones, and have high fixed costs and a low ticket size. The typical transaction is under 500 yen ($5) and many are about $1.

They need repeat custom.

A few years ago, all of the chains had a good idea for increasing frequency of use: make a minor capital investment in automatic coffee machines. Sell access to them for the price of a cup / ice; customers self-serve with the machine.

The price point is $1 to about $2.

Coffee quickly became one of the most frequently repurchased items at convenience stores, in no small part because it’s the one thing they can sell which is phameceutically habit forming but totally unregulated. (Just telling it like it is.)

But the coffee is not very defensible

The problem, such that it is, is that competing chains are everywhere and *all* of them serve Thoroughly Adequate Coffee at similar prices, so you’re back into the brutal economics of “Who is 3 meters closer to 40 customers at 1 office?”

Enter payment apps.

NESARA is the most ground breaking reformation to sweep not only the United States of America but the whole planet (thus GESARA) in its entire history. The act does away with the Federal Reserve Bank, the IRS, the shadow government, and much more.

*GOOD NEWS*                 
1. According to latest World  Bank ranking in Ease of Doing Business, Pakistan’s ranking in this indicator has improved from 130 to 72 and is placed at 2nd position in South Asian countries in terms of Ease of Starting a Business, after 30 years.

2. Karachi circular railway restored, after 20 years.
3. Payment dues to Steel Mills employees paid, after7 years.
4. Re-activation of textile industry in Pakistan, after 13 years.
5. Pakistan has been put on an Export Led Growth  rather the previous import led growth strategy

and has registered an increase in exports, after 8 years.
6. Current account surplus, after 20 years.
7- Pakistan's exports to UK top $1 billion ( $1.2 billion) in first six months of fiscal year, after 74 years.
8. Lifafa journalism exposed ,after 30 years.

9. India exposed on Kashmir internationally, after 30 years.
10. Pakistan saved from paying $1.2bn penalty as Karkey dispute 'amicably solved, after 7 years.
11. Indian Propaganda Network smashed through  EU ( Info - lab ) Indian Chronicles, after 74 years.

12- Pakistan has been named the top holiday destination for travellers for the year 2020 by the United States-based luxury and lifestyle publication Conde Nast Traveler, after 74 years.
The listing follows several positive reviews of the tourist attractions in the country by

This is value investor, Allan Mecham.

He dropped out of college at age 22 to start his fund, Arlington Value.

From 2008-2016, they did a CAGR of 30% over 8.5 years!

And in his fund letters, he shared his best frameworks for investing in companies.

Here's a breakdown of each:

1. Adopt a mindset for longevity

He focuses on variables that affect a business' durability.

Stuff like valuation doesn't matter if the business quality is misjudged.

Since a company's value is determined by its future cash flows...

Hence evaluating its future is key

2. Stay within your circle of competence

Allan is aware that his CoC is tiny!

Thus, he rarely buys companies that he:

• Hasn't researched
• Hasn't followed for at least a few years.

Because the best way to study a business is to observe its execution overtime.

3. Embrace volatility as a gift

Public markets offer you amazing deals you will never get in the private markets!

It's all about being patient.

The underlying value of a business is much more stable than the stock.

So you can buy great businesses that are mispriced!

4. Avoid noise and news

More information can give you a false sense of confidence.

It can create an illusion of "knowledge", and make you think many things are important.

The key is to know what are the 3-5 main variables in the company, and focus on those.

Ignore the rest.