Thinking more carefully about my idea of wanting to get the...

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Grinder57

719 Posts.

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15/01/20

09:25

Post #: 42384077
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Originally posted by Grinder57: ↑

I think the main problem with the exchange is not that they use ethereum to exchange or hold as a (commodity to be exchanged as a currency , but rather the fact that they issued and gave some of the shareholders in The Sandbox deal on 5-23-2019 Sand Tokens in exchange for Fiat Dollars invested!

Persnally, The Company’s few crypto transactions have been with sophisticated Investors and to my knowledge not raising funds from the general public in the form of an Initial Coin Offering!

For me, that’s the part that’s really hard to believe it could be such a problem to create this suspension and now potentially a delisting!
If the Company offered to restructure this Sandbox Deal and not issue The Sand Tokens in exchange for the Fiat Dollars, I am not sure the exchange would feel appeased or would be enough by this concession!

Just my uneducated opinion and guess here!

I would love the Company to close it’s Quidd, Gamma deal before February 21! I don’t think there is enough time to get the nWay deal closed and would have to be completed on another exchange if this possible delisting were to occur!
I also doubt we will see another Deal until they resolve their current dilemma, not that they need anything else on their plate with the rollout of the three big chess pieces! ( The Sandbox, F1 & Stryker Fantasy Football)

I am really hoping for a full and successful launch of The Sandbox by first half 2020, it’s a really big project!

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Thinking more carefully about my idea of wanting to get the business transactions closed with (Quidd, Gamma & nWay) prior to any potential exchange relocation might be better after they get relocated!

If they close more deals with on the current exchange, they would have to sign new documents and reissue shares all over again and have twice the expenses related to the contracts and shares redistribution!

So, I think it would actually be better for them to wait to close( outstanding deals)as they will already have a small mountain of documents and shares to get reissued if we aren’t able to agree with the exchange and need to move on!

January 2020 is about half over, wow!

above my opinion only

AB1 Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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