AB1 abarta resources limited

Quote: "The company confirmed in a statement that its operations...

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    Quote: "The company confirmed in a statement that its operations will continue on a business-as-usual basis.The statement said: “It is time for Animoca Brands to focus on building the business and delivering value to shareholders in an environment that is more welcoming to activities that involve virtual asset ownership through blockchain and non-fungible tokens (NFTs).“These are still early days for true digital ownership delivered through blockchain. While we have seen great results from our NFT pre-sales in our products such as The Sandbox and F1® Delta Time, we believe the best is yet to come.“So what’s next for Animoca Brands? We believe that being a publicly-traded company on the right exchange is the best option for our business.“While this carries both cost and responsibility, those are modest compared to the benefits that a public listing provides to shareholders and the company.“Many of our investors have asked about our plans for liquidity, and we have kept this top of mind.“It’s for these reasons, among others, that we intend to pursue an initial public offering on another exchange as soon as practicable.“Owing to the hostility displayed by the ASX toward our blockchain related activities, we have for some time been working towards listing on another exchange, although it would be premature to disclose anything further today.
    https://www. proactive investors .com.au/companies/news/914709/animoca-brands-operations-to-continue-after-asx-removal-914709.html
    Last edited by pangu: 22/06/20
 
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