Blockchain, page-6

Haven't done a heck of a lot more research lately Dr. D, but do have something of interest. Thanks for the inspiration Tiger.

I emailed Jeff and asked if he was considering a Blockchain acquisition. This was his reply ...

Yes, we are monitoring blockchain

However, I think it's a little early for us at this stage because there are not many companies with commercially proven business models/products/services, at least not yet.

There is still significant risk of investing too early in blockchain as there are/will be many alternative blockchain products/ideas being developed, but not all will be winners.

At this early stage, the investment is primarily funded by private equity firms, which are structured to take on significantly greater risks. Â Due to our size, it wouldn't be prudent for us to make such bets for our shareholders.

Nevertheless, we will stay abreast with the latest development in blockchain, and be ready to take the plunge when the time is right.

And, yes, you may share this with the forum.

Regards

Jeffrey Lai

As keen as I am to see TSN acquire a Blockchain company, I think there's a lot of wisdom in Jeffrey's words.

Cheers

Rhama