Axegun Half Yearly 16 March 2018 "As previously announced, the...

Axegun

Half Yearly 16 March 2018

"As previously announced, the Company has entered into a Gold Purchase Agreement for the sale of up to 100,000 ounces of gold in-situ to Crypto-Gold Coin Inc (formerly known as (“GLD International Inc”) for the pre-payment to Citigold for the gold at a discounted buy price up to 30 June2018. Purchaser timing is at their discretion, and physical gold is delivered at a future date."​

Quarterly 30 April 2018

'At this stage, the previously announced Gold Purchase Agreement, with CGC Inc,has not yet delivered material funds to the Company. The opportunity to review this arrangement will be on 30 June 2018."

Crypto Gold Coin Inc (CGC) were expected to start payments from June last year and made the major part of the payments by 30 June this year. I do not know how many coins CGC have been able to sell to punters but I do know that CGC have yet to list on a trading platform so anyone that have bought the cryptocurrency cannot trade it. Just like another company we know, CNC seem to make statements which cannot or are not met.


DYOR My thoughts and ramblings only​