Once again, I wanted to send warm wishes to all my Jewish shareholders both to celebrate the start of a new year 5782 and continue the High Holidays with Yom Kippur. We, however, are all children of G_D and this is a good opportunity to reflect and enjoy all the humanity especially in these difficult and challenging times. So, as we face the day of Atonement for personal sins, fate of each person is sealed for the upcoming year and we should forgive each other and try to see the better side of humanity in all of us, and perhaps turn a page in our life because its never too late to be civil and kind to one another as we all in this together.
So, I wanted to take this opportunity to reflect and answer some of the FAQ’s (frequently asked questions) that I receive. We have assembled a very complex business model, and I do recognize how things could be difficult to understand, and in some cases some of you may even consider that there may be even “nefarious” reasons for some of the developments not being achieved as quickly as all of us would like to see happen. So, hopefully I can put your mind at ease and answer some of the concerns.
1. As most of you have read in my posts, I want to reiterate that all of the dividends corporate actions are completely voluntary and were designed by myself to reward our past and current shareholders.
2. We filed with FINRA and submitted the dates. The most important date was the record date, because after that date any shareholders who sold, traded, or liquidated their shares, will still get their appropriate dividend as shares owned was recorded on record date. The second date, the “payout date”, that’s the one that is a moving target because we are still answering FINRA’s inquiry for that “corporate action”. However, everyone will be awarded the number of dividends as recorded on the “record date”.
3. FINRA’s protocol on the “announcement” of the date is as follows: Once they approve a target date, they will send a formal letter to the company. The letter will also instruct the company that they may only post a shareholder’s update and/or announce the date “after” FINRA has posted the announcement on their official FINRA site.
4. I am also working with our transfer agents, since they are a very integral component in distributing the shares.
5. Recently, some shareholders reported us, the company and me to the SEC, FINRA and many other agencies. So, the agencies see our file, and know that I did not misrepresent the “corporate actions”, and while it does create confusion with some shareholders, at least people can see that SEC and FINRA are waiting for our “corporate action” to work its way through their system, and we will issue the dividends. Some of you have viewed FINRA’s response that: “no action and announcement has been posted on FINRA’s website”, as somehow a confirmation that I did not file with FINRA as I announced. However, FINRA cannot comment on an “ongoing” “work in progress” filings, otherwise they would be liable to us the shareholders for “insider trading” issues. Therefore, they are correct that they HAVE NOT posted our “corporate action”, yet, but that does not mean that our “corporate actions” request hasn’t been filed as promised. Therefore, as part of the process, they will file the announcement once the deal goes through, and we get a new date.
6. I had to post the dates in our filing requests to have some sort of starting point for discussion. So, we all must be patient and all good things will come. I realize and read all the posted false news and, in some cases, even a narrative that is designed to scare, hurt and worry some shareholders. To that, all I can say, is that everyone should read all the SEC and FINRA websites about dividends. Also, don’t forget that we have added a whole new “additional” reward via a token system, and that hasn’t been done before. So, it’s taking a little longer to pave the way for this new technology and tokens to become a reward system for our shareholders.
7. We have mined 60 billion tokens, and we will provide a mechanism for that payout system. We will direct our shareholders to a portal, where those who already trade in crypto currencies and have their own wallets will be able to “collect” their tokens, and we are also providing a very “user friendly” and VERY simplified wallet system that our shareholders can sign up and receive right from our portal, and/or phone app. We have a full-blown E-commerce system for this exchange and this system will include a frequently asked for and requested by our shareholders trade program that will enable us also trade tokens for stock as well as initiate a very aggressive “buy back” program so as to reduce the OS for the companies.
8. And finally, we have actual original art that is being used to “back the token” with the real assets so that the token value is real and not exaggerated. Also, as part of our initiative for “Tokenomics” and unique NFT platform we will also make actual ART pieces available along with their NFT’s so that owners can actually have a tangible asset in their hand as well as the digital asset.
All these items and more to come are designed to reward our shareholders, enhance our financial picture as well as contribute to shareholders value.
Do not buy, sell or make any investment decision based any information or opinion I post. Conduct your own DD.
