AB1 abarta resources limited

Thanks Capone!I am sure the Company got royally shafted, I have...

  1. 719 Posts.
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    Thanks Capone!

    I am sure the Company got royally shafted, I have never seen anything quite like the way they wield their delisting guillotine !

    The good news is that although extremely expensive to put together, their accounting methods should be razor tight now and should be able to pass through the most stringent of any requirements !!

    Some things I personally am Hoping for:

    1. Obviously a new exchange to trade on that would welcome The Company and it’s dynamic growth
    2. Financials indicating a continued confident and strong commitment from their current and future partners (investors)(still want to know if Square Enix was involved in the second Sandbox raise)
    3. A strong showing in the next Land sale for The Sandbox
    4. A successful full release of The F1 racing and collectible BC game ( the Company did not sell all of the crates in the most recent sale, but generated close to $300k in US revenues and did sell over 80% of the most expensive crate listed for $500)
    5. Full release of the Quidd platform in the Asian market, with accompanying NFT collectible strategy (Quidd generated $10 million in sales during the first 3 years of it’s existence and brings along 200,000 monthly active users located only in the US & Canada according to the press release .. I would guess they might be grossing in the neighborhood of $ 500-600k US conservatively in monthly revenue if each collector spent just $3 per month. Strictly guessing on that number! It might also be a little less labor intensive to manage the platform once it is up and fully functioning in each new regional market, as I understand it is not a gaming platform )
    6. nWay , I am hoping this turns out to be an absolute monster of an acquisition once it it is fully integrated and they finish the full release of the nWay Play platform and the In Game prizing platform they are developing! Yat used the words “historic” moment for Animoca when they issued the press release back in 12-19-19! ( I recommend reading or reading again this press release carefully, noting the technology surrounding nWay Play)
    nWay is operating at a loss today on monthly revenue of about $900k US, however The Company (Animoca ) should create a more efficient entity after full integration and be able to help them effectively monetize the different platforms with increased distribution of the games as well as layering with the NFT’s to create and enhance the collectibility of the Power Rangers Franchise!
    7. Further promotion and rollout of Stryker & Moto GP manager style collectible and Fantasy Sports competition games

    A very full plate without the major financial and operational distraction that was created by the previous listing exchange, however we can’t undo any of the past so I choose to look forward and remember it is so early and so much yet to be determined!

    Ya, it’s been pretty gross but what the heck can any of us do about it?

    Please feel free to add to this short list penciled out above or correct any errors on my part. I just whipped this out so we could have something else to consider and to remember besides the temporary road block that was placed in our path! (Or past)

    all the above just my humble thoughts and opinions, please due you own research




 
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