thanks - makes more sense to me now what you meant about...

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mr_delta

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20/03/20

19:31

Post #: 43613171
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Originally posted by Grinder57: ↑

Hey man, I hope you are doing okay where you live!

These SAFE agreements are Simple Agreements for Future Equity and I think they are commonly used as an investment tool to get a deal in place with structure until all the due diligence and contracts can be finalized!

I wasn’t sure if Animoca was able to issue the second round of investors (Square Enix and others) in The Sandbox shares if they were in a trading halt and thus not being able to fully execute the agreement.

I really am not sure, but thinking if the investor group wanted to buy in they would probably work something out post halt and now with the eventual delisting .
Questioning if the delisting might allow the investor group out of the transaction if the Company was unable to issue the shares?

I am probably way off base here, but would be nice to get clarification ...

2 really large investor groups supporting the game and the Company now in 2 major markets with Hashed/Kakao/Klaytn in South Korea and the Square Enix group likely supporting Japan and Animoca marketing to China!

Hopeful we can get this virus contained over the coming weeks and months so life can begin to return to a more normal condition for many of the World’s population!

I hope that was helpful, but realize I don’t really have any information and just posing the question surrounding the transaction!

all just my thought and opinion

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thanks - makes more sense to me now what you meant about pre/post delist...

I think with no ASX control, we will be more informed now than ever before via email

let's see what happens in HY2020

AB1 Price at posting: 18.0¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

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thanks - makes more sense to me now what you meant about...

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