Buildablock Corp (BABL)

[Fiscall]

12/30/2023
Q4 2023 UPDATE

Q4 2023 UPDATE Market: Q4 2023 has been a difficult quarter due to regulatory challenges. In Q3, FINRA rejected the company's proposed corporate action due to three missing reporting filings from 2012 and 2013. Unfortunately, following an appeal process, the regulator confirmed these missing filings were in breach of their rules. Q4 saw the company adhere to this request and, from October to December, produce and submit the three historic filings covering 2012 and 2013. Subsequently, a new corporate action application has now been submitted to FINRA, and we now await their feedback. We expect a seamless process due to the time and effort spent addressing all the points, including the three historic filings in the first application from Q1 2023. Once FINRA has responded, a new update will be available. Operations: The company has continued to develop it's marketplace and has been given a Q1 2024 completion date from its developers. The company has continued to grow its social media accounts, mainly through organic growth. Once the platfrom is completed, the social media accounts will be beneficial to attract new users to the marketplace. The company has also enlisted the services of a UK marketing specialist to maximise the growth of new users using an email marketing strategy. A further update will be posted in Q1 2024. Ben Quick CEO The NFT Marketplace LTD