Logiq Inc (LGIQ)

[Coldspringharbor1]

The vetting process of risk of Weylandtech has bestowed a market valuation many multiples that of current trading price. Push interactive was acquired with 35m shares of Weylandtech common stock valued at 14m US$. Push interactive agreed to deal with a realized value of 26.7m US$ as noted here.

https://www.otcmarkets.com/stock/WEYL/news/Weyland-Tech-Signs-Definitive-Agreement-to-Acquire-Push-Interactives-US-eCommerce-Platform-for-25-Million?id=249619

(25m plus 1.7m cash on Push balance sheet=realized value.).

Weylandtech noted in their press release on 1/27/20 that publicly traded SaaS and PaaS companies typically garner valuations of around 10x revenue on average. Through simple multiple revenue valuation Push would have an implied real value of "7.7m X 8 based on 2X acquisition discount" implied value of Push is 61.6m US$.

Through this acquisition we notice a price discount in current market price of Weylantech common stock. Push 2019 7.7m revenue 8x=61.6mUS$/35mCS=1.76$/share "is implied value of Weylandtech common stock" to Conversion Point Tech for sale of Push by CPT to Weylandtech.

Our investors realize 1.76$/share implied value of Weylandtech common stock CPT accepted is many multiple higher than current discount placed upon Weylandtech common stock in the market, as we continue to increase our position of Weylandtech common stock we will mitigate risk by stock acquisition through algorithmic trading.