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DBMM OVER 19 BILLION TRADED 8 YEAR DATA TRADED
$DBMM EACH YEAR TRADE HISTORY
$DBMM 2014 11,773,000,000 11 PLUS BILLION PLEASE READ THAT AGAIN!!!
2014 11,773,000,000. OVER 11 BILLION!!!
2015 1,327,000,000
2016 2,938,000,000
2017 1,980,000,000
2018 205,000,000
2019 429,000,000
2020 202,000,000
2021 194,000,000
$DBMM 8 YEAR GRAND TOTAL 19,048,000,000 yes OVER 19 BILLION TRADED SHARES TRADED
Here is the link simply change the year and add away
https://ih.advfn.com/stock-market/USOTC/digital-brand-media-and-pk-DBMM/historical/more-historical-data?current=3&Date1=01/01/14&Date2=12/30/14
20k shares either way and it moves quick
8/11/21
Core Decentralized Technologies has been asked to submit an invoice and partnership agreement for its services to tokenize and fraction $500MM in life settlement contracts that are currently organized in a U.S. bond portfolio. $CTN
2/ The plan is to break the portfolio into separate SPV’s of $100MM each and make them available for trading & investment on Core’s PingExchange Platform.
3/ The contract assets are BBB+ Investment Grade Rated. Core considers this a significant stable token option for the crypto and blockchain environment.
The Core Token team is preparing to commence with the tokenization process of the fractioned bond instruments before 20 August.
???? Core Decentralized Technologies has been asked to submit an invoice and partnership agreement for its services to tokenize and fraction $500MM in life settlement contracts that are currently organized in a U.S. bond portfolio. $CTN pic.twitter.com/16lOlBpCnu
— CoDeTech (@CoDeTechCC) August 11, 2021
Don’t believe CDEL stacking the ask
Market cap only 10 mil
Love to have our symbol change to CORE
We are core
Lol nice
splintered sunlight
Member Level
Re: EmptyBones post# 3931
Sunday, June 19, 2022 11:55:04 AM
Post# of 4196 Go
Why are you posting about Coretoken's on ARAT's board?
This board is about ARAT.
splintered sunlight
Member Level
Re: pennypauly post# 3955
Friday, July 01, 2022 8:17:43 AM
Post# of 4195 Go
That is for CoreGroup - what does it have to do with ARAT, the stock we own?
splintered sunlight
Member Level
Re: Traderfan post# 3972
Tuesday, July 19, 2022 3:20:01 PM
Post# of 4194 Go
RIP ARAT
splintered sunlight
Member Level
Re: None
Wednesday, August 10, 2022 11:27:39 AM
Post# of 4193 Go
Next stop a dime for this POS.
ARAX Holdings Corp.
Dec 14, 2020
ARAX, a Publicly-Traded Company Makes Strategic Acquisition of Blockchain Firm, Core Business Holdings
New York, NY, December 14, 2022, ARAX Holdings Corp. is pleased to announce that after several years of speculation, it has signed a definitive Letter of Intent and Deal Terms with Konrad Business s.r.o., based in Bratislava, Slovakia, to acquire the majority of the share capital of Konrad. Konrad is currently undergoing a name change to Core Business Holdings s.r.o. (Core Group).
Today, ARAX filed an 8K with the SEC announcing the signed Binding Letter of Intent and Deal Terms that formally and legally bind the parties to launch the acquisition process for ARAX to acquire the majority of Core Business Holdings’ share capital, which includes the intellectual property connected to the following projects:
Core Token and Smart Contract Platform
Ping Exchange and Settlement Platform
Wall Money NEO Banking and FinTech SaaS Platform
CorePay Payment and Remittance Platform
In addition to acquiring 75% of Core Business Holdings’ share capital, ARAX will also make an effort to acquire all of Core’s minority stakes in its share capital. The total transaction value is €18 million. Subject to the usual closing requirements, the transaction is anticipated to close in the upcoming two months.
ARAX appointed arTax Consult s.r.o., business consultants and tax advisors, to supervise and facilitate collaboration with the Arax Board of Directors and the current owners of the software. All of the intellectual property and software are currently under the custodial care of arTax Consult s.r.o. on behalf of its owners, and arTax is tasked by ARAX and the current owners of the software and IP to structure, document, and secure it in Core Business Holdings in four different organizations, Core Token and Smart Contract Platform, Ping Exchange and Settlement Platform, Wall Money NEO Banking and Fintech Blockchain-Based SaaS Platform, and CorePay Payment and Remittance Platform.
ARAX’s overall strategy is to divert from selling hotdogs in Mexico into investing in projects, with their focus on the digital transformation of WEB 3 and the future WEB 4, implementing blockchain-based solutions into the real world. ARAX sees Core Business Holdings, with its projects Core Token and Smart Contract Platform, Ping Exchange and Settlement Platform, Wall Money NEO Banking and FinTech SaaS Platform, the CorePay Payment and Remittance Platform, and ARAX, as playing a key role in this strategy, bringing shared vision, revolutionary blockchain-based digital product categories, and growing and participating in a safer, more efficient, and effective digital economy for all.
ARAX’s Board of Directors is of the opinion that, until now, blockchain-based solutions introduced into the real world were pretty much experimental.
These days, things look a bit different as businesses, government organizations, and individuals are increasingly implementing blockchain technology as they seek to take advantage of its capabilities.
At ARAX, we are creating awareness among potential use cases that blockchain technology is not all about cryptocurrency. In reality, the underlying decentralized ledger technology continues to find applications in a diverse range of industries, all in an effort of changing how things are being done and improving people’s lives.
The cutting-edge blockchain technology that Core’s software solutions are built on had a significant impact on ARAX’s choice to acquire Core Business Holdings. The Core Business Holdings software solutions were built on the Core Blockchain Network, the world’s fastest, most scalable, and most secure fully decentralized facilitated on proof-of-distributed-efficiency (PoDE). PoDE is the next generation of an environmentally friendly proof-of-work blockchain confirming transactions on IoT devices at less than 10 watts per hour, fitting perfectly into ARAX’s ESG vision.
Blockchain use cases typically fall into one of three categories: a ledger to exchange money, a data ledger, or a notary ledger for government services. Industry leaders in financial institutions, logistics, and government organizations predict significant commercial adoption of the information and notary ledgers for purposes such as digitizing trade documents, decentralized finance (DeFi), and land records, particularly due to instant settlement on decentralized and hybrid exchange platforms such as the Ping Exchange. Traction in the value ledger is becoming more popular as platforms such as the CorePass, Ping Exchange and Core Smart Contract Asset Digitization platform are far safer to users than in the past offered by layer-1 blockchains.
As the nucleus of developing digital assets, connecting these digital assets to a digital identity such as CorePass, and deploying it in the most secure payment processing and settlement systems, supply chains, and e-commerce networks, blockchain implementation continues to find its way into various industries, Fintech, and government organizations.
With organizations such as IBM, Microsoft, Amazon, Hitachi, Nestle, and Unilever already focusing on data storage and distributed ledger technologies, the trend, in the financial world of decentralized finance and investment in digital assets introducing blockchain into the real world was already set some 2 years ago by Morgan Stanley, BNY Mellon, and Goldman Sachs. In this current cycle, the most active investors based on the number of investments in blockchain companies are DHL, FDA, NASDAQ, Unilever, Shell, and in the banking environment KB Financial Group, United Overseas Bank, Citigroup, Crédit Agricole, and Commonwealth Bank of Australia.
The entrance of these big corporations and institutions is one of the key motivators of ARAX to focus its investment strategies. It is important to also highlight what Larry Fink, Chairman of Blackrock recently wrote in a letter to his shareholders:
BlackRock is studying digital currencies, stablecoins, and the underlying technologies to understand how they can help us serve our clients. (…) A global digital payment system, thoughtfully designed, can enhance the settlement of international transactions while reducing the risk of money laundering and corruption. Larry also said on a stage at the New York Times last week “I believe the next generation for markets, the next generation for securities, will be tokenization of securities.
Michael Loubser, CEO of ARAX made the following statement:
The acquisition of Core Business Holdings will be a total game changer for ARAX. It will put the company at the forefront of digital assets, tokenization, immediate settlements of data and transactions with a specific focus on asset management, and so much more with the cutting-edge technology built on the Core Blockchain, the next generation in fully decentralized networks.
As things now stand at ARAX, after the acquisition of Core Business Holdings; we believe to develop shareholder value, which is the result of doing a great job. An increase in shareholders’ value will also deliver quality employees and community growth and ultimately deliver the next generation of digitally inclusive products to our clients and use cases. We are all very excited to start this new journey.
Email: contact@arax.cc
Phone: +1 850 254 1161
Website: https://arax.cc
Originally published on: https://www.einpresswire.com/article/606303287/arax-a-publicly-traded-company-makes-strategic-acquisition-of-blockchain-firm-core-business-holdings
ARAX Holdings signed a binding letter of intent and deal terms to acquire 75% of blockchain firm Core Business Holding‘s share capital, the company behind Core Blockchain.
As of press time, ARAX which trades on OTC markets under the ticker ARAT is up 600% on the day hitting $1 from an open of $0.14.
CryptoSlate recently interviewed the CEO of Core, Ockhert Loubser, for an episode of the SlateCast in which he divulged the expansive plan for the Core ecosystem. While the Core Blockchain is not a part of the deal, in part due to its decentralized nature, several of its dApps and DeFi projects are.
The acquisition includes the intellectual property associated with the following projects:
Core Token and Smart Contract Platform
Ping Exchange and Settlement Platform
Wall Money NEO Banking and FinTech SaaS Platform
CorePay Payment and Remittance Platform
As custodian of the intellectual property and software, arTax Consult s.r.o. currently manages the assets for their owners.
Additionally, ARAX and the current owners tasked arTax with structuring, documenting, and securing the assets in Core Business Holdings in four different organizations to match the projects above.
ARAX is currently investing in WEB3 projects and future WEB4 projects, implementing blockchain-based solutions as they see huge potential in blockchain technology.
The investing firm cited several reasons for the recent acquisition of Core Business holdings. The Core Business Holdings software solutions employ the Core Blockchain Network, which according to the statement, is the world’s fastest, most scalable, and most secure fully decentralized platform built on an environment-friendly proof-of-work blockchain. Michael Loubser, CEO of ARAX commented,
“The acquisition of Core Business Holdings will be a total game changer for ARAX. It will put the company at the forefront of digital assets, tokenization, immediate settlements of data and transactions with a specific focus on asset management, and so much more with the cutting-edge technology built on the Core Blockchain, the next generation in fully decentralized networks.”
Aside from acquiring the majority stake, ARAX confirmed it would attempt to acquire Core’s minority stakes as well.
splintered sunlight
Member Level
Re: None
Thursday, September 01, 2022 1:27:02 PM
Post# of 4188 Go
RIP ARAT
LONG LIVE COREGROUP
Small amount of short covering has begin, , we might touch 3,00 today
I hope he needs to cover lol,
7 MM wooing now!!
Shorts have to covered yet
LMFAO and he stopped posting! So funny
Very nice! Looking for symbol change shortly
ARAX
It’s just the beginning, next year it will grow into the 15.00/20.00 range
Any more buying pressure we will touch 1.50’s
Thanks, I never wavered, I’m in with 53 k shares now
On December 13, 2022 (the “Effective Date”), the Company and Core Business Holdings s.r.o., (CORE) entered into a Binding Letter of Intent and Deal Terms agreement, along with arTax Consult, s.r.o. (arTax), an entity who was appointed custodian of the software development IP with the instruction to transfer such software to a legal entity of all the software owners’ choice and to distribute ownership as agreed at the time of the completion of version 0.1 of the various software platforms. The Company will acquire 100% of the share capital of CORE in a share swap transaction representing a valuation €18,000,000 for the net asset value of the IP included in the CORE business.
Pursuant to the provisions in the Term Sheet, the Company will issue common stock for each share of CORE based on the closing price of the traded stocks of the Company with its ticker ARAT as of December 12, 2022 and a valuation of CORE at €18,000,000. The common shares issued for the swap, shall have a trade lock-up period of 12 months from the date of issue.
The Company shall commit to raising a minimum investment of €1,500,000 in working capital for continuing operations, with a maximum of €750,000 to be used for the extinguishment of certain bridge loan liabilities at the time of the closing.
The Company shall recruit executives to manage the business and administrative activities of Core Business Holdings. These individuals shall each enter into an employment agreement for executive-level roles with the subsidiary company for a term of not less than two years and receive reasonable compensation packages to include a competitive base salary.
The Company and Core will prepare definitive agreements to be executed on or before February 28 2023
The foregoing description of the Letter of Intent, and Deal Terms does not purport to be complete and are qualified in their entirety by reference to the full text of the Letter of Intent and Deal Terms, which are filed as Exhibits 99.1, , to this Current Report on Form 8-K and are incorporated herein by reference.
ARAT ON FIRE
Picked more last week and today
Major oil pipeline outage to hit U.S. stockpiles, refinery supplies
FILE PHOTO: A sign built out of a pipeline that reads "pipeline crossroads of the world" welcomes visitors to town in Cushing
Arathy Somasekhar
Fri, December 9, 2022, 8:49 AM
By Arathy Somasekhar
HOUSTON (Reuters) -An outage on the largest oil pipeline to the United States from Canada could affect inventories at a key U.S. storage hub and cut crude supplies to two oil refining centers, analysts and traders said on Friday.
Yahoo Finance Morning Brief newsletter, the best part of your day
TC Energy's Keystone pipeline ferries about 600,000 barrels of Canadian crude per day (bpd) to the United States. It was shut late Wednesday after a breach spewed more than 14,000 barrels of oil into a Kansas creek, making it the largest crude spill in the United States in nearly a decade. [n1N32Z26L]
"The main question continues to be the duration of the potential outage... the longer the duration, ultimately, of course means potentially tighter inventories in Cushing or heavy (crude) on the Gulf Coast," said Michael Tran, a managing director at RBC Capital markets.
The line runs directly to the Cushing, Oklahoma, storage hub, which is currently about a third full with nearly 24 million barrels in stock.
If the outage last for more than 10 days, it could push Cushing storage to near the operational minimum of 20 million barrels, said AJ O'Donnell, a director at pipeline researcher East Daley Capital.
Volumes in the fourth quarter will be "materially affected," as Keystone likely will run at a considerably lower pressure at least for some time once it restarts, said Harshit Gupta, Arc Independent research.
Other pipelines between Canada and the United States are at or near capacity, East Daley and data analytics firm Wood Mackenzie estimates.
"There's nowhere near enough to take 600,000 barrels a day. There's just not enough pipe right now," O'Donnell said.
The spill in Kansas took place downstream from a key junction in Steele City, Nebraska, where Keystone splits to run into Illinois. That stretch of the line could be restarted, but the other segment affected by the spill will not come back until regulators approve a restart.
TC Energy aims to restart on Saturday a pipeline segment that sends oil to Illinois, and another portion that brings oil to Cushing on Dec. 20, Bloomberg reported, citing sources. TC Energy said it was evaluating plans to return the pipeline to service.
Volumes to the Gulf from Cushing have already dropped. Volumes on TC Energy's Marketlink pipeline, which flows from Cushing to Nederland, Texas, fell by about 300,000 bpd to less than 500,000 bpd, Wood Mackenzie estimates, after the leak was discovered.
Gulf Coast refiners, which could suffer shortages of heavy Canadian crude, can draw on supplies from offshore Louisiana facilities and from Colombia, Mexico and Ecuador.
U.S. physical crude oil grade prices were mixed on Thursday and O'Donnell at East Daley said he expects volatility to continue as long as Keystone remained offline.
Meanwhile, a lengthy shutdown of the pipeline could lead to Canadian crude getting bottlenecked in Alberta, and drive prices lower, although the market's reaction on Friday was muted.
Western Canada Select (WCS), the benchmark Canadian heavy grade, for December delivery last traded at a discount of $27.70 per barrel to the U.S crude futures benchmark, according to a Calgary-based broker. On Thursday, December WCS traded as low as $33.50 under U.S. crude, before settling at around a $28.45 discount.
(Reporting by Arathy Somasekhar in Houston, Laura Sanicola in Washington, Nia Williams in Calgary, Shariq Khan and Mrinalika Roy in Bengaluru; Editing by Marguerita Choy)
DBMM OVER 19 BILLION TRADED 8 YEAR DATA TRADED
$DBMM EACH YEAR TRADE HISTORY
$DBMM 2014 11,773,000,000 11 PLUS BILLION PLEASE READ THAT AGAIN!!!
2014 11,773,000,000. OVER 11 BILLION!!!
2015 1,327,000,000
2016 2,938,000,000
2017 1,980,000,000
2018 205,000,000
2019 429,000,000
2020 202,000,000
2021 194,000,000
$DBMM 8 YEAR GRAND TOTAL 19,048,000,000 yes 19 BILLION SHARES TRADED
Here is the link simply change the year and add away
https://ih.advfn.com/stock-market/USOTC/digital-brand-media-and-pk-DBMM/historical/more-historical-data?current=3&Date1=01/01/14&Date2=12/30/14
Yep, and NITE sitting at .03 now
Looking for more MM coming on board, this one is going to STING the NAKED SHORTS!!!
NITE moved to .0155
SHAREHOLDER’S UPDATE — DECEMBER 7, 2022
DBMM 07 DECEMBER 2022 COMPANY UPDATE
Digital Brand Media & Marketing Group, Inc. (“The Company” and “DBMM”), and its brand, Digital Clarity (“DC”) continue its intention to keep shareholders, long-term investors, and supporters, up to date with the company perspective and more importantly, hard facts and context. Our Updates usually follow SEC filings or time-sensitive events, while all stakeholders patiently await the return to normal business and long-awaited, normal trading.
This Update follows the practice of providing information to put all stakeholders on the same page, which includes the timely filing of yet another annual, audited report, the 10-K on November 29, 2022. We encourage all shareholders to take the time to read the MD & A carefully.
The Company’s 10-K exhibited the ongoing support of Long-Term Investors since October 2017, with others in the queue for growth through new business relationships and capital infusion. Its brand is slowly returning to 2018 revenues of $536,501, and with external hurdles behind us, growth and expansion will leverage its margins of 35-55%. We only mention these documented results as facts with transparency to eliminate the white noise of the non-shareholders playing misinformation in a loop.
The facts are since the last Update, there have been several major events that follow Management’s strategy to return to normal business and normal trading in a pragmatic way. The Company has frankly been hamstrung from the protracted SEC Matter which should have been concluded with the Dismissal from ALJ Carol Fox Foelak on November 12, 2019 as was intended by her full consideration of all issues raised and stated in the document. The fact that a Dismissal by an ALJ has never been delayed via a Petition for Review (PFR) by DOE, is simply because they can by knowing PFR’s are granted as a courtesy.
Not only is it a disgraceful waste of the Company and the Commission’s time and money, and a distraction and impediment to a return to the Company’s normal business, it is disrespectful to the Commission process. Government Agencies each have Inspector General stewardship reviews to address overreach among other bad judgment oversight.
“Protecting shareholders “ was cited in the Dismissal and the Company intends to continue that strategy. It is Management’s position that the fifth extension to March 5, 2023, is a holding pattern while other events take place. Therefore, the SEC Matter will close in due course.
In the interim, further clarified by new amendments to the SEC’s Regulation 15c2-11, instituted on September 28, 2021, the SEC delegated authority for OTC Reporting of requisite public information to OTC Markets. (OTCM). This was a very significant realignment. In that role, DBMM was acknowledged Pink Current, Unsolicited Quotes Only, by OTCM and was shifted from the Expert Market tier to Pink Current. The Caveat Emptor (CE) designation was defined as US brokers could not open US Retail Market trading while the CE remains on the symbol.
Ongoing discussions with OTCM further outlined the strategy going forward to remove the CE from the DBMM site on OTCM. The next step was for the Company to identify a sponsoring broker to make an application via Form 211 to FINRA. This is an extensive due diligence process between the Company, the broker, and FINRA. As the Company Updates of Oct 27 and Nov 7, 2022, stated: FINRA cleared the Glendale Securities application on October 26, 2022. To reiterate, “…the submitting broker-dealer has demonstrated to FINRA compliance with FINRA Rule 6432 and SEA Rule 15c2-11 when quoting a security.”
This was a major accomplishment and a major milestone for DBMM. Clearance followed Management’s one-step-at-a-time strategy so there would be no ‘do-overs,’ and be one step closer to a return to normal trading.
Once cleared by FINRA, the Company was eligible for OTCM review and removal of the CE designation, following their process. The Company made its request on October 27, 2022, and is currently in the midst of the review. Same process as FINRA, same information, but different iterative roles. It may sound a bit bureaucratic, but such are the wheels of regulation. The Company has been following the very specific guidance of OTCM compliance leaders since the new amendments took effect in September 2021 and continue to do so.
Lastly, OTCM instructions had one further criteria: “In addition to a Form 211 clearance, the company will need to remain current in its filings with the Commission”. On that note, DBMM has been proactive and established quite a track record of timely filings.
The Company wishes to thank all shareholders and investors for its continued support and once again looks forward to focusing on the future and announcing growth and business milestones and sharing the results. At that point, without distractions, the Company’s future will take shape quite quickly.
Love this board!! Very nice activity this weekend!!!!
LMFAO!!!!!!
That’s for sure, a fake RS pr, a fake new law suite, fake SEC halt, please chim in and add more
211 is why we are here!