Born Inc. (BRRN)

[OTC Nomad]

I think the news that Avaloq has been purchased by NEC solidifies that the QUTR shell is for something else. Besides, if Avaloq had wanted to RM into a shell I think they would have bought one for themselves and would not have asked FiveT to buy it for them.

The most obvious option (though I admit I think there are several) is that FiveT Capital Holdings AG bought the shell for themselves.

The reason for finding all the connections among FiveT, Sanostro and Avaloq has been to paint a more vivid picture of FiveT Capital's business, assets, investments and connections. We'll need to wait for the PR to see what the plan is, but the most obvious reason would be for FiveT Capital Holdings AG to go public on the American markets.

Johannes Minho Roth in one of the main connections between all the entities. He is the founder of FiveT and a current partner/director... and likely a majority owner. He holds a majority stake in Sanostro which provides services to Avaloq and is listed, twice, on the Avaloq.one Marketplace. Roth is also the CEO of Avaloq Ventures which seems to be a fintech incubator... i.e. they own a 10% stake in Metaco which is a fintech company also listed on the Avaloq.one Marketplace website.

More about Roth can be found here: https://www.marketscreener.com/business-leaders/Johannes-Minho-Roth-07VWCL-E/biography/.

It'll all become crystal clear when the PR drops... and hopefully that is soon. It is going to be very exciting regardless the choice of private firm to RM into our QUTR shell, IMHO. From all the DD that's be supplied by Horst/others, and the fact that FiveT Capital Holdings AG laid out $256k for this shell, seems to point to big plans in the works for the new public company! It is going to be a fun ride!

The above are my opinions and not investing advice. Please do your own DD before making investment decisions.

Regards,
DDM