RE:RE:RE:RE:RE:Insidersvalens couldn't afford to do tolling. And Tolling isn't required as originally thought. Biomass has crashed and LPs have millions of dollars worth of oil sitting on the shelf that they paid much higher for.
Basically LABS and VLNS played the LPs and got away with it. Now let's hope the LPs don't pay both LABS and VLNS....get everyone tied up on litigation and eventually close shop or be bought up in a hositle take over.
valens has a massive overhead. look at there bi-weekly salaries to pay out. ITS HUGE and the cash coming in...not even close.
Better stick to a strategic extractor like OILS that is doing one way transactions, getting paid in full on time of shipping and with only 30 people, every month from November 2020 is proftiable. They did a deal for 1.2M and they are profitable for that month.
You think valens can be profitable if they only pulled in 1.2M in a month? keep dreaming