ProcrastinatingPrognosticator

[ProcrastinatingPrognosticator @ProcrasPrognos]

My Two Cents:

The Case for $ABVE

Oil wealth has delivered trillion dollar sovereign wealth funds across the middle east.
This wealth is held in US bonds, stocks, real estate, gold and other asset classes.
These asset classes tend to appreciate in value albeit at a gradual growth rate.
Allocating these wealth funds to riskier asset classes like growth stocks carries its own pitfalls.
Moreover, traditionally secure asset classes like US treasury bonds are losing their value proposition as a safe haven.
In this backdrop, after the enactment of the GENIUS act, Stablecoins have emerged as an attractive alternate asset class.
If deployed judiciously, growing use of stablecoins can generate transaction based revenue, without risking the underlying assets committed as a reserve for establishing said stablecoins.
The merger between Above Foods Ingredients (Stock Symbol: ABVE) and Dubai based Palm Global Tech (PGT), intends to achieve this outcome

Why select ABVE for the reverse merger?

ABVE is a perfect candidate for a reverse merger for the following reasons:
1. It is listed on NASDAQ
a. Which removes the need for an IPO to access US and Global financial markets
2. Its low stock price means it can be ‘acquired’ for a very low cost
a. A similar reverse merger with a company with a larger market cap would complicate both the approval process and post merger valuation
3. The merger can be implemented with few regulatory hurdles
4. Palm Global has had past dealings with ABVE and is acquainted with the company and its management team

How will the post merger company generate revenue?

Thus far the only clear source of future revenue is the issuance of new stablecoin(s) and other digital instruments such as tokenization of assets.
Palm Global has secured (as per their claims) agreements with 15 African nations to use the new stable coins within the region’s economy.
Additionally, UAE has eased regulations for permanent residency so as to attract Indian nationals which should translate into use the new stablecoin as an instrument to channel remittances from the middle east to India.

Will the merger go through?

The merger is being backed by the top political leadership in both Abu Dabi and Dubai.
A key member of the UAE Royal family will occupy one of the board seats in the post merger entity.
More importantly, Aqua 1 Foundation has made a substantial $20 Million investment in ABVE.
Aqua 1 Financial is the largest investor in World Liberty Financials - President Trump backed crypto outfit.
Which in turn indicates a smooth regulatory passage for the deal vis-à-vis US regulators.

What is the rational behind ABVE as an investment?

ABVE is a small company with a $150 million market cap.
The merger envisions $105 BILLION in assets to be transferred to ABVE’s balance sheet.
Palm Global Tech has a preexisting joint venture called Palm Promax Investment (PPI) with Promax United of Abu Dhabi. PPI holds 30% stake in $350 Billion US Based Gold and other assets. That stake translates to $105 Billion.
If the value is confirmed by auditors and regulators, the new stock price could be valued around $100 per share ($ 105 Billion / 1.150 Billion shares).
Most companies in the crypto space issuing US Treasury bond backed Stable coins, have attracted a market valuation greater than the value of the underlying asset. In this light it is possible that a $100 per share post-merger estimate may be reasonable valuation.

What could trip this thesis?

1. The merger falls through
- ABVE has had its own financial troubles in the past couple of years.
- The financial statements for the last year and last few quarters have not been filed
- NOTE: ABVE hired CBIZ CPA in late July 2025 to perform an audit in preparation for the reverse merger
- CBIZ CPA is a highly respected global audit firm which should serve to assuage any doubts around both the intent of ABVE and its relative confidence is getting a clean bill of financial health
- The investment received from Aqua 1 Foundation may be intended to plug any holes in ABVE’s financials
2. The market is getting saturated with a flood of new crypto based companies going public. Investors have a range of investment options. ABVE may be late to the party
3. The bottom 20% of the US may be in a recession which could spread to the larger economy in 2026 just as ABVE hits its stride
4. All the UAE/Abu Dhabi based entities in this transaction – Palm, Promax, Aqua 1 tend to be opaque. This may be in the nature of such organizations but it could prevent US based investors from aggressively embracing the stock
Hope this helps. Please do your own Due Diligence

[Polymarket @Polymarket]

JUST IN: Florida hospital reveals Palantir software has cut sepsis deaths by more than half since it was installed.

[ProcrastinatingPrognosticator @ProcrasPrognos]

@MurrayHillGuy1 Nikki Beach - Sunday afternoon after 4 pm. Can't miss.

[ProcrastinatingPrognosticator @ProcrasPrognos]

@SpaceInvestor_D I bought it at $5 - but didnt buy enough.

[Sawyer Merritt @SawyerMerritt]

SpaceX has just officially unveiled its AI1 satellite, the first generation of its AI satellite.

Overall Specs:
• 150 kW peak compute payload
• 120 kW average compute payload
• 70 kW per ton
• Compute provider interchangeable

Dimensions:
• Wingspan: 70 meters
• Deployed height: 20 meters

Thermal System:
• 110 m² deployable liquid radiator
• Redundant pumping loops
• Integrated micrometeoroid shielding
• Deployable liquid radiators

Solar Power System:
• 150 kW solar array
• 250 W/m²
• SpaceX-manufactured solar technology from Bastrop, Texas

Architecture:
• Centralized compute module
• Large deployable solar arrays
• Deployable liquid-radiator thermal management system
• AI-focused compute satellite design ("AI1 satellite")

Elon: "The AI satellite is much simpler than a Starlink satellite. The AI satellite is essentially a lot of solar cells, you still need some laser links, but you don't have all of the super complex antennas that you have on a Starlink satellite. The easier one to design for is the AI satellite. It's bigger. A lot of this is technology we've already made with the Starlink V3 satellites."

[ProcrastinatingPrognosticator @ProcrasPrognos]

@brian_armstrong Why do you think China was allowed to 'steal' all that IP over past 30 years.

[Keith Fitz-Gerald @fitz_keith]

The NYT says Tesla's Robotaxi is "big on Wall Street but lagging on roads."

The track record says different.

10+ billion FSD miles logged — fleet adding ~28.8 million miles per day.

1 major collision per 5.3M miles on FSD vs. 1 per 660K for the average US driver.

8x safer.

Unsupervised Robotaxi now taking paying passengers in Austin, Dallas & Houston.

$TSLA 🔥

[Sam Korus @skorusARK]

“We’ve done the analysis, reusable rockets aren’t economic.”

SpaceX makes reusable rockets economic.

“We’ve done the analysis satellite internet isn’t economic. The antenna alone is tens of thousands of dollars. The cost to manage a constellation that size, the radiation, the space hardened solar cost…”

Satellite internet appears to be a very good business with antennas in the $100 range.

“We’ve done the analysis, orbital data centers aren’t economic. The radiators, launch costs, the radiation, the solar…”

You are here.

[ProcrastinatingPrognosticator @ProcrasPrognos]

@fitz_keith $INFQ is a better investment given their lead in Quantum sensing. No?

[James Wang @draecomino]

Why is there always such passion for redistributing things created but zero passion for creating things in the first place??

[ProcrastinatingPrognosticator @ProcrasPrognos]

@StockSavvyShay Bought it back in the day when @jimcramer (Thanks !) was endorsing it at $33. Will add more to the position now.

[ProcrastinatingPrognosticator @ProcrasPrognos]

@TheRayMyers Sofi is a dog with fleas.

[ProcrastinatingPrognosticator @ProcrasPrognos]

@Rash_Inho Mid? She's all natural and exactly what the perfect woman should look like. Not the plastic injected mannequins who pass of as 'models'

[ProcrastinatingPrognosticator @ProcrasPrognos]

@OperationATM Yep. Looks like it. If the war doesnt end, there's no way UAE reveals its assets to the world and in turn to Iran. From the looks of it, the ME is in for a prolonged bout of uncertainty and turmoil.

[ProcrastinatingPrognosticator @ProcrasPrognos]

Read my pinned Tweet. $ABVE will one day be the center piece for financial inclusion across ArabIndia.

[Andrew Feldman @andrewdfeldman]

We founded @cerebras with a vision to forever change AI compute.

Yesterday we went public on the @Nasdaq, an important step towards that goal.

Today our AI super computer solution was the centerpiece of a collaboration between the Governments of the UAE and India.

We are honored and humbled.

[ProcrastinatingPrognosticator @ProcrasPrognos]

@BullTheoryio Isnt Anthropic paying xAI and Musk $1.5 BILLION a month for that datacenter?

[ProcrastinatingPrognosticator @ProcrasPrognos]

@Quanclipping What is happening? He wants to be the first.

[All The Right Movies @ATRightMovies]

The iconic, nearly wordless opening of ONCE UPON A TIME IN THE WEST. It uses only natural sounds to build tension. Al Mulock, one of the gunmen, died by suicide during filming—adding a somber note to an incredible legendary sequence.

[ProcrastinatingPrognosticator @ProcrasPrognos]

@antibearthesis GOOG!!!

[ProcrastinatingPrognosticator @ProcrasPrognos]

Only OpenAI part is true - physical AI will require massive energy and compute. Failure of OpenAI will drag the market down in the short term but it will recover with Anthropic/Google emerging as the two winners. Short Oracle, Short (in the short term) Bloom Energy and Microsoft.

[Brad Gerstner @altcap]

@DLoesch As @JTLonsdale said to me, the Marxists are going to hate this - we are making every child a capitalist from birth. For little more than our foreign aid to Jordan, we get a firewall in defense of capitalism. This is the opposite of welfare. This is private ownership writ large.

[Peter H. Diamandis, MD @PeterDiamandis]

This is a once-in-human-history moment. Rethink how you spend time. Rethink how you spend money. Whatever you do, don't stay stuck or frozen in the past.