Logiq Inc (LGIQ)

[Coldspringharbor1]

This was a very good presentation by President Suen yesterday on a Canadian investors show. What was most interesting was how simple the story has become.

Key takeaways:

1) Peers trade on average 20-40X revenues, Logiq trades at 2X.

2) Logiq’s AppLogiq/PayLogiq division targets a market of 700m users through out South East Asia and recently solidified a deal with the social security of Indonesia BPJS to provide exclusive Fintech services for 48m residents and up to 600k SMBs. This deal and recent partnership with Shopeepay has brought attention to Logiq with VCs and institutional investors as is evident with dramatic increase in negotiations for potential investments.

3) Logiq through it’s US division DataLogiq is now handling marketing and data logistics for numerous Fortune 500 companies including newly signed Purple Mattress and AutoTrader.com through it’s Fixel acquisition. New large clients will be announced near term.

4) Corporate governance is second to none in the industry, President Suen went over management and BODs currently rivals top tech companies.

5) Near term catalyst were share price will begin to see a better valuation is upon IPO NEO early December. Investment Bank chosen for IPO to be announced near term. NYSE exchange to exchange listing first quarter 2021.