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Saturday, 09/04/2021 9:37:07 PM

Saturday, September 04, 2021 9:37:07 PM

Post# of 383727
MTRT ... For those unfamiliar, Medium is one of the largest blockchain companies in South Korea – the hub of blockchain.

This piece of news is really huge, and $3 is still a bargain price for this company. Some investors couldn’t believe that this merger was happening, hypothesizing that it was about another venture with the same name. However, Medium’s official site shows the same three guys that MTRT lists as the new management.


https://insiderfinancial.com/4-top-penny-stocks-today-abvc-ccaj-mtrt-ycbd/182036

TOP PENNY STOCKS TODAY #3 MTRT

The Metal Arts Company, Inc has exploded by almost 3,390% during the last five days alone, becoming the hottest stock at the beginning of September. The share price surged from 10 cents at the end of August to the current level of $3.49, peaking on Thursday at $4.25.

The company used to engage in contract electroless and electroplated nickel, aluminum anodizing, and other surface coating and enhancement operations. However, this small company that has recently got the Pink Current status and still goes with the Shell symbol is now turning into a major blockchain firm as a result of a reverse merger.

On August 30, MTRT said that as a result of a private sale of 7,665,000 shares of common stock of the company, control of MTRT passed to Medium, Inc., a company incorporated under the laws of South Korea. A new board of directors of MTRT, consisting of Pan Jong Kim, Kiwoon Biak, and Yunho Chung, was appointed.

Thus, MTRT’s new CEO is Mr. Pan Jong Kim, Mr. Kiwoon Biak is now serving as VP and CFO, and Mr. Yunho Chung is now serving as VP and secretary. For those unfamiliar, Medium is one of the largest blockchain companies in South Korea – the hub of blockchain.

This piece of news is really huge, and $3 is still a bargain price for this company. Some investors couldn’t believe that this merger was happening, hypothesizing that it was about another venture with the same name. However, Medium’s official site shows the same three guys that MTRT lists as the new management.


https://www.themedium.io/bbs/page.php?hid=people

Medium operates a blockchain platform called MDL (Medium Distributed Ledger). It’s based on Hyperledger Fabric and can process 2,000 transactions per second. At the beginning of the year, Medium and China’s Peersafe partnered to build ASEAN’s largest trade finance platform. They will build and expand the China Trade Finance Union blockchain platform (CTFU) of the China Banking Association (CBA) as a Korea-China trade finance trading platform.



Medium plans to form a consortium of the Bank of Korea to link Korea-China trade transactions worth 243.4 billion dollars (about 265 trillion won) per year, and improve the cost structure of thousands and trillions of dollars that are excessively consumed in international trade transactions.

While Medium’s blockchain platform is free to use, the company wants to implement a business model similar to Red Hat, one of the most popular open-source solutions companies. While Red Hat offered free enterprise open source products, it charged businesses for further development or maintenance. It started to generate massive revenues and was acquired by IBM for over $34 billion.

Medium has similar ambitions in the blockchain field, with a focus on Asia. If it manages to reach the $1 billion mark in valuation, then MTRT’s stock price would trade above $100. That may sound as the best of the best-case scenario, but anyway, there is much room for growth, so make sure you have this penny stock in your portfolio.




















Nobody should buy hold sell or do anything for that matter based on my thoughts/opinions on anything.

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