The Company wishes to advise, as previously disclosed in the Q3...

The Company wishes to advise, as previously disclosed in the Q3 Appendix 4C, that it raised further capital in SAFE and SAND tokens post the 23 May 2019 announcement, which became the subject of lengthy discussions with ASX, and consequently the Company was unable to announce the capital raise to the market. The Company has not issued further SAFE and SAND tokens in Q4 or since. Discussions with ASX remain on-going .

So it looks like the Company completed an additional Cash Raise for The Sandbox, which they originally has disclosed in the previous cleansing prospectuses some months back!

It will be interesting to learn who they took on as another partner and investor group, but we won’t know until they have either resolved the ASX inquirery or move on!

They used Safe agreements and issued Sand Tokens similarly to the May 23 Sandbox Cash Raise for this second Sandbox Raise, but stated there are no future raises using these investment instruments in Q4.
That means they completed the second Sandbox Cash Raise in Q3 if I have interpreted things correctly!

Close to $650k in legal and consulting fees in Q4 alone and if they can resolve the issues with the exchange, then it would be worth the expense if they can operate the Company going forward without using SAFE agreements and using SAND tokens to compensate investors in the future!

I think this would have a minimal impact on the way the Company wants to structure future deals and would seem like there would be more of a shot towards a resolution with the exchange if there are not too many other modifications being requested by the exchange!

Sounds a little more promising, we will soon see in about 21 Days!

all above my opinion

PS is the Company stating that they had revenues of $10 million in Q4? If so, that would put them on a $40 million annualized revenue pace which doesn’t include any meaningful revenue from F1, Stryker or The Sandbox yet!
Still have the Asian release of the Quidd platform expected sometime in the near future after they fully close the acquisition!

The pipeline is really building))