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Re: georgeofthebungle post# 6701

Thursday, 12/21/2023 9:31:26 AM

Thursday, December 21, 2023 9:31:26 AM

Post# of 7287
AGAIN one deal closes then $ for filings and very expensive auditors will no longer be an issue…these huge deals take time and the company just recently transitioned away from the imploding NFTs(fractional ownership)and the token markets ..which not going to work with the size of the deals coming to the table anyway. The March23 PR addressed the new direction. STAY TUNED

Troy MacDonald, HyFi Corp. CEO stated, “We are excited to expand and reshape our business model after months of head down building. We believe adding structured finance and consultancy is the best way to truly make an impact and support large projects. To transition to a green planet and green economy, it is necessary to deploy as much capital as possible into the projects that are the best positioned to do the greatest good for the planet, and those who live on it. It became apparent to us that we have too many quality clients, most needing large sums of capital, and we could not rely solely on our digital securities platform to reasonably handle this much volume at launch. Our unique relationship with WPP Energy and its multinational distributor network provides a tremendous deal funnel for projects seeking capital. Adding structured finance creates a very scalable, fast moving new business unit capable of handling dollar volumes of many billions. The digital securities platform has been repositioned to host projects that are not suited for our structured finance offering.”
We have decided to pause our participation in the NFT market due to the implosion of that market and the uncertain regulatory scheme surrounding it. Once the regulatory framework becomes clear, we will determine how to proceed.