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Nasdaq Capital Market companies are required to meet a net income standard of at least $750,000, a minimum public float of 1,000,000 shares, at least 300 shareholders, and a share bid price of at least $4
We need more share holders and a bid of $4
Hoping they submit the request first quarter, maybe up list 2nd q
When do u think the uplist will be? Thanks
It’s positive but no, I am expecting a good Q and updates on the client list plus the up listing to NASDAQ
Was this the news you were expecting? Nice news in my mind - thanks
ARAX Holdings acquires 20% stake in the Nemesis’ blockchain-based metaverse
The Nemesis will deploy on Core Blockchain, a platform from ARAX's recently acquired subsidiary Core Business Holdings.
ARAX is proud to announce its acquisition of the Metaverse platform "The Nemesis", solidifying a strategic partnership set to drive increased demand for Core Token and Core Coin through novel opportunities. 💥
Yes looking great, You talk about thin! Jeez any amount of buying and 2.75 is easy.
Entry into a Material Definitive Agreement.
On Nov 30, 2023 (the “Effective Date”), the Company and Undo Studios SA, (Nemesis) entered into a Sales Purchase agreement, to acquire 31% of the share capital of Nemesis in a share swap and cash transaction representing a minority interest in the assets, licenses, and intellectual property of Nemesis.
Pursuant to the provisions in the Sale Purchase Agreement, the Company will issue (six million six hundred and fifty thousand) 6,650,000 shares of its common stock at fair market value as of the date of the Sale Purchase Agreement for the initial 20% and the option for the remaining 11% of Nemesis. The common shares issued for the conversion if exercised, shall be issued with a restriction under Rule 144 of the U.S. Securities and Exchange Commission Act of 1934. That portion of the Company’s issued shares representing the 11% of the Nemesis acquisition will be held in escrow until such time as the option has been exercised.
In addition, the Company agrees to invest a total amount of (one million two hundred thousand) $1,200,000 in cash installments of (one hundred thousand) $ 100,000 per month starting December 1, 2023. Any amounts previously paid to Nemesis under a previously reported Letter of Intent will be deducted from this amount due.
The Company has the option to acquire an additional 11% of Nemesis upon fulfillment of certain milestones to be agreed upon in a future agreement. Nemesis will provide one seat to Arax as a Director of Undo Studios and will allow Arax to have operational oversight on an ongoing basis.
Watch the whole thing to catch the clues.
Sorry, I’m catching up still, what big news? Thanks
Level2 looking good today, bids are there, now of course this can all chance very fast but it seems they might try an effort here soon. Let's hope so. Doesn't take much to see 2.50-3 bucks.
What does them at the top signify? Thanks
We need more buyers to combat them.
Yep very frustrating.
It was great....People have no idea what is coming. The video was so good. Hold your ARAT.... Mine XCB now if you can.
I love big announcements!
You have a link for that?
I just watched the live interview between Social Swap and Michael , Ockie and Rastislav. According to Ockie big announcement coming in the next 4 days.
It will get there soon.. The ping launch should be anyday now and when it does $13-14 it will blow by imo.
Oh I agree. I was just saying for those that have been in this name 2-3 years like myself. Sadly, I was the investor who pushed this to $13-14 area as I thought they were ahead of where they were at the time. The float is basically non existent
These guys will never pump there stock. They play strictly by the book. If you want a pump stock you best move on to another.
Agreed. There was nothing to pump but that is the otc in general. Water under bridge and time to do it for real
Yah I totally get it, the problem is they did not have anything to pump, now we are live let’s see what he has in store for us pr wise.
I wish ockert would have been pumping this 2 years ago like now as we would have seen $100 a share
💲The PriceFeed CIP introduces the "PriceFeed" contract, which is crafted to function as a decentralized oracle responsible for aggregating and supplying asset price data.
Make sure to find out more here:↘️
✅CIP-712, the Core Signature Verification Standard, establishes a set of guidelines for the secure encoding and verification of structured data signatures within applications built on the Core Blockchain.
Read more in our CIP article.↘️
Learn about the CBC20 Token Standard in a series of articles detailing:↘️
🟢Chequable, Wrapper, Equivalent, Asset, Bountiable and Base Token
🟢Ownership Management for Smart Contracts
🟢Caller Contract, Secure Execution of On-Chain Transactions
That’s for sure! It was also nice to see INTL at 1.02. INTL also move there ask to 1.85