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Float 1,109,420
Share Structure
Market Cap Market Cap
203,105,844
12/11/2023
Authorized Shares
950,000,000
12/11/2023
Outstanding Shares
126,160,534
12/11/2023
Restricted
123,777,614
12/11/2023
Unrestricted
2,382,920
12/11/2023
Held at DTC
1,109,420
12/11/2023
38 followers here
Any more news this week and we see $5-$7.00! LFG!!!🚀🚀🚀🚀
Pretty good support now, 3.5k at 1.50
Great to hear and agreed
I have not waited this long for 15.00. I here for 30 plus
I believe this company is going to change the industry with it’s monopoly of technology’s
I’ll take half of that!
This board probably owns half the float. The good thing is we know seeing 13.00 is easy because we have seen it before. This time when we move there we will not be surprised as a group.
I am here for 30.00 to 50.00 a share
I do not see any resistance to 3.00. At 2 and 2.25 we will prolly see some shares pop up. I hope not. Let’s get this to 5 bucks on Friday
Not sure on either
🤩Let us present to you the new and revamped CorePass website, where you can find all the information about the application and its importance within the Core ecosystem.
🔵➡️ https://corepass.net
Europe trading the stock? Shouldn’t we see last 1/4’s reporting this week?
No I don't.
Great questions
Do real retail clients actually purchase or sell those quantities?
Do you know what all these little odd lot trades are for like 11 shares etc.? Thanks
Link failed repost please
file:///var/mobile/Library/SMS/Attachments/10/00/9939CB20-38AB-4808-86B1-6A6EA068CEA6/annoucement.mp4
Final meetings in Switzerland Monday 12/11/23 and Tuesday 12/12/23 then CorePass and Ping Exchange should launch! Buy ARAX Holdings stock this week, before the launch!
Not a bad week! The next few weeks will be fun!
Maybe, volume is tiny though. Someone is slowly buying it up. Zero complaints just can’t wait to see 50k a day in volume.
Still hoping for 1.50 bid close and hold
So far all buys again today. Does someone know something?
Stupid kids selling.
With big news coming next week 1.50 will be of the past... Charts mean nothing in otc... MM's control the boat.. They will test that 14.00 in the coming weeks...
Looking great need that bid to hold 1.50
All the way to $20
INTL top bid, only 100 shares but I’m hoping they will push us up
Another Big announcement next week. A must watch.....
https://t.me/CoreGroupDutchiesChat/13106
I expect to see 6.00-10.00 soon imo.
Ping Exchange will be launching anyday now. Noone will ever get $ARAT at these low prices... I expect to see 6.00-10.00 soon imo.
ARAT looks to have a real story to tell. So, if they want to see some real buying in the stock, they need to get a good investor relations company to get the word out to the investing public. A good IR firm can also bring in brokers, investment bankers, etc. That's what ARAT needs.
ARAX Holdings Corp.’s Strategic Stake Acquisition in Metaverse Platform “The Nemesis”
ARAX is bringing the metaverse and Unity SDK to the Core Blockchain to open up a new world of interactive experiences.
ARAX Holdings Corp. (ARAX; Ticker: ARAT) has acquired a 20% stake in The Nemesis, a leading open-world metaverse platform developed by Undo Studios SA in Lugano, Switzerland. This investment, with an option for an additional 11%, not only aligns ARAX with cutting-edge Web3 trends but also opens doors to revolutionary opportunities in gaming, entertainment, and several key industries, including smart cities and healthcare.
This strategic partnership is poised to redefine enterprise solutions in the metaverse, enhancing ARAX’s digital asset and attribute management capabilities utilizing the Core Business Holdings Ecosystem.
“This acquisition is not just an investment; it’s a commitment to shaping the future of how we interact in the digital world,” states Ockert Loubser, COO of ARAX.
The venture is a transformative step for ARAX and is expected to considerably enrich shareholder value by facilitating The Nemesis deployment on Core Blockchain and the creation of connectors to CorePass through a Unity SDK.
Metaverse Market Impact🌐
The metaverse is rapidly becoming a critical platform for Web3 and its digital economies. Insights from Meta and Deloitte highlight its potential economic impact, with projections of up to €489 billion in the EU and $760 billion in the US by 2035. ARAX’s involvement in “The Nemesis” strategically positions the company to capitalize on this growth, offering innovative enterprise and industrial solutions and leveraging digital twin technologies across various sectors.
Over 400 million monthly active users are currently in the Metaverse, with platforms like Roblox showcasing 230 million monthly active users, and it is expected to significantly contribute to the global economy, with projections suggesting benefits to the global economy that could reach up to US$3.6 trillion per year by 2035. The global metaverse market in 2023 will be worth US$83.9 billion with a compound annual growth rate (CAGR) of 48% from 2023 to 2030 and revenue forecasted at US$1.3 trillion in 2030.
Bringing The Nemesis to Core Blockchain is set to drive increased demand for Core Token and Core Coin through novel metaverse opportunities, thereby boosting ARAX’s presence in the digital currency market by enhancing their value through the development of gamification token platforms, NFTs, communication network solutions, video streaming, and enterprise and industrial solutions, to name a few applications.
Integrating CoreEcosystem capabilities into the metaverse will create further opportunities in tokenizing real-world assets, smart contract development, and DAO management platforms and activate ARAX’s entire banking and payment gateway SaaS solutions. The Nemesis is set to become uniquely positioned to facilitate unrivaled digital experiences for enterprises in the current landscape of digital assets.
ARAX aims to position The Nemesis as a frontier tool for enterprise solutions, enabling user onboarding, immersive training, virtual collaborations, inventive brand awareness and marketing strategies, communication networks, and video streaming systems. Its ability to mimic real-world scenarios of mixed reality in a virtual environment creates vast opportunities for onboarding, training, product development, and customer engagement, thus revolutionizing traditional business operations.
ARAX’s stake in The Nemesis consolidates its current market position and paves the way for expanding its blockchain-based solutions into the global digital economy, bringing streamlined Web3 user experiences to reality. The metaverse provides ARAX with a singular platform to develop and implement creative business models, grow its clientele, and enter emerging markets with a trailblazing mindset. Furthermore, CorePass, the official wallet for holding Core Coin (XCB) and Core Token (CTN), will expand into Unity with a fully integrated SDK. This will increase the market reach of both ARAX and The Nemesis, increase the demand and supply of digital assets and attributes, and create a whole new market for the Core Ecosystem.
Enhancing Customer Engagement
The captivating environment of The Nemesis skill set and product suite allows ARAX to engage with customers in a more interactive and immersive manner, potentially revolutionizing customer service and experience and setting new industry standards.
Fintech, Healthcare, and Services Industry Solutions in the Metaverse: In the realm of the services industries, ARAX’s venture into the metaverse promises to transform client onboarding processes, training methodologies, CRM, and remote assistance. Integrating mixed reality into the metaverse enriches user experiences, particularly in visualizing complex data and the safe and ethical stewardship of such data.
Industrial Solutions and the Metaverse: The Nemesis partnership with ARAX’s approach to digital asset management holds the potential to transform industrial solutions, enhance virtual training, facilitate remote operation of machinery via digital twins, and foster global collaboration, leading to efficiency and innovation in industrial processes.
ARAX Holdings Corp.’s stake acquisition in The Nemesis marks a significant leap forward in digital interactions and an expansive range of industrial and enterprise solutions. This acquisition enhances ARAX’s market presence and highlights its role as a pioneer in adopting cutting-edge digital technologies. As ARAX embarks on this exciting project, it is prepared to explore the numerous opportunities the metaverse offers, spurring innovation and growth in the digital era and raising the bar in the Web3 user experience.
My pleasure
https://listingcenter.nasdaq.com/assets/initialguide.pdf
Go to page 12
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.
https://cryptoslate.com/arax-acquires-20-stake-in-the-nemesis-blockchain-based-metaverse/
Let's do it !! 15 bucks bf December ends!!
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. 💥
🌐Arax Medium
https://medium.com/@AraxCorp/arax-holdings-corp-s-strategic-stake-acquisition-in-metaverse-platform-the-nemesis-2a44b2fd420b
🌐Arax News
https://arax.cc/news/metaverse-platform-the-nemesis/
🌐EIN Presswire
https://www.einpresswire.com/article/673021493/arax-holdings-corp-s-strategic-stake-acquisition-in-the-metaverse-platform-the-nemesis
Yes looking great, You talk about thin! Jeez any amount of buying and 2.75 is easy.
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Moderators pennypauly Tiger Money splintered sunlight |
Case A-20-825346-B in the
Eighth Judicial District Court Portal
https://www.clarkcountycourts.us/Portal/
11/24/2020
Motion for Appointment of Custodian
12/30/2020
Order 201230 - ARAX Order Appointing Custodian
Parties Present 9:30 AM: Chasey, Peter L. - Attorney (Lazar's Attorney)
Minutes: All appearances made via the BlueJeans Videoconferencing Application. Colloquy regarding typographical error in pleadings that changed "ARAX" to "ARAT". Court stated its findings and ORDERED, Motion for Appointment of Custodian GRANTED. Mr. Chasey to prepare the order and clarify the typographical error.1/11/2021
Motion for Order
Motion to Require Written Proofs of Claim
01/12/2021
Clerk's Notice of Hearing
Clerks Notice of Hearing
01/13/2021
Certificate of Service
Certificate of Service
02/18/2021
Motion (9:30 AM) (Judicial Officer Allf, Nancy)
Motion to Require Written Proofs of Claim
There being no opposition, Motion Granted
03/23/2021
Affidavit of Publication
Filed by Scott Sibley, Publisher of Nevada Legal News
03/31/2021
Motion for Order
Motion to Bar Unasserted Claims and Terminate Custodianship
03/31/2021
Clerk's Notice of Hearing
"Please be advised that the Motion to Bar Unasserted Claims and Terminate above-entitled matter is set for hearing as follows
Date: May 5, 2021
Time: 9:00 AM"
Location: RJC Courtroom ...."04/20/2021
Status CheckJudicial Officer
Allf, NancyHearing Time
3:00 AMComment
wirtten proofs of claiim (that is how the clerk wrote that sentence)
Journal Entry
"Court further finds after review that on March 31, 2021 a motion to bar unasserted claims and Terminate Custodianship was filed. The motion stated that the Custodian served Notice of Entry of Order via publication, which was completed on March 23, 2021. The Motion also stated that no proofs of claim have been filed or otherwise submitted to the Custodian."
05/05/2021
MotionJudicial Officer
Allf, NancyHearing Time
9:00 AMComment
Motion to Bar Unasserted Claims and Terminate Custodianship
05/05/2021 Order
Order barring unasserted claims and terminating custodianship.
“Pursuant to a revision to a certain Consulting Agreement dated October 8, 2013, between Thru Pharma and Strategic Universal Advisors, LLC (“Strategic”), as amended effective January 17, 2014, on or about February 9, 2015, and most recently on October 20, 2015, with full effect as of April 1, 2015 (the “Consulting Agreement”), Thru Pharma and Strategic agreed that the intent of the Consulting Agreement ab initio was to provide Strategic with a 3% equity ownership of Thru Pharma in the event that a PUBCO M&A transaction did not occur prior to the end of the Consulting Agreement. Thru Pharma and Strategic agreed and stipulated that 753,504 shares of the Company would equal 3% of Thru Pharma as the equity payment under the Consulting Agreement, with transfer subject to the further provisions stated below. As Thru Pharma was the sole beneficiary of the services provided by Strategic under the Consulting Agreement, no part of the value of the consideration for services provided under the Consulting Agreement has been recognized as an expense by the Company.
In connection with earlier amendments to the Consulting Agreement, Strategic granted to Mr. Keough, a control person of the Company and Thru Pharma, an irrevocable proxy (the “Irrevocable Proxy”), to vote all of the common stock in the Company under certain conditions. That proxy no longer exists under the terms of the most recent amendment.
As part of the currently amended Consulting Agreement, Thru Pharma agreed to transfer 753,504 Company shares to Strategic upon the closing of a merger or acquisition (an “M&A Transaction”) of a public entity, resulting in Thru Pharma being the controlling owner of the entity that was the subject of the M&A Transaction, and Thru Pharma would cause such entity to also issue to Strategic a stock warrant to purchase 600,000 (six hundred thousand) shares of common stock of the entity that was the subject of the M&A Transaction. Such warrant will be of five-year duration, exercisable at $0.10 per share, and shall vest in four equal amounts of 150,000 shares with the first annual vesting to occur 60 (sixty) days following the completion of the PUBCO M&A Transaction, as well as other routine terms.”
“Effective July 1, 2015, Arax and Catalyst Funding, LLC, entered into an Original Issue Discount Revolving Secured Convertible Promissory Note (the “Catalyst Note”) and a Securities Purchase Agreement (the “Catalyst SPA”). The transaction is secured by a grant of security interest to 100% of the Company stock held by or for Thru Pharma. The Catalyst Note and Catalyst SPA are intended to facilitate funding essential work relating to reporting and accounting costs. The total available funds are $200,000, and the Company has only drawn $75,000, and for which the Company is obligor. A Commitment Fee of Company stock in the amount of 35,294 shares was authorized for issue to Catalyst as part of the transaction recorded as an initial debt discount of $14,118. In the event that the Company is unable to timely make payments under this Agreement, Catalyst has the option of gaining control of the Thru Pharma shares in the Company.
On March 1, 2017, the Company’s majority shareholder, Thru Pharma LLC entered into a merger agreement with Kasten, Inc., a Nevada corporation (“Kasten”), whereby Kasten was the surviving corporation. As part of the merger agreement, the shares in the Company held by Thru Pharma were withheld from the agreement and the Company was no longer identified as a subsidiary of Thru Pharma thereby effectively spinning out the Company and excluding it from the surviving entity. Kasten has been identified as party to and co-guarantor of the Catalyst note. The Company is in the process of settling the note with Catalyst whereby funds used to satisfy the note are being provided by its Chief Executive Officer, Steven J. Keough whereas Mr. Keough will be effectively purchasing the 8,000,000 common shares in the Company and the Arax Holdings Corp receivable (listed on the books of the Company as a related party payable in the amount of $211,149 for the nine months ended July 31, 2016) in exchange for extinguishing the note. The 8,000,000 shares are currently collateralizing the Catalyst loan. Upon satisfaction of the note, the Company’s related party payable will be due to Mr. Keough, and he will become the majority shareholder in the Company.
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