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Vividthree on potential blockchain, NFT gaming
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slingshotpro
Senior |
26-Jan-2022 18:18
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The Company will only be liable to pay for the Development Costs
(a) up to an aggregate of S$200,000 and (b) if such costs were incurred with the prior written consent of the Company. The Board believes that the terms agreed are in the best interest of shareholders, as the Company's consent must be obtained prior to the incurrence of any Development Costs. In the event the Company does not consent to JVS's incurrence of Development Costs, there is no obligation on the part of the Company to pay for such Development Costs At present, the Company does not have any shareholding interest in companies in the business of blockchain and digital assets. Prior to the Company's acquisition of a shareholding interest in such companies (including the exercise of the Warrant and issue and allotment of conversion shares pursuant to the Convertible Loan Note Agreement with GammaR), the Company will assess the materiality such shareholding, and, if necessary, will seek shareholders' approval for a business diversification prior to acquiring such shares The Board and Management have the relevant experience and expertise in the blockchain and digital assets business as the Company would be able to leverage on its existing expertise and capabilities in producing exhibitions-based virtual reality (VR) products in the blockchain and digital assets business. The Company's management team has also conducted an in-depth study into the business opportunities in relation to the Digital Asset Project and believes that the Digital Asset Project has the potential to facilitate growth and allow the Company to maximize shareholder value, given the impact of COVID-19 on the Company's existing business. In addition, the Company has appointed Mr Jonathan Zhang as a consultant in order to advise the Company on the blockchain and digital assets business. Mr Jonathan Zhang has been involved in the blockchain and digital assets business since 2017 in various capacities, including as founder of a digital assets exchange based in Singapore. He was previously a fund manager with a Registered Fund Management Company in Singapore. Mr Jonathan Zhang is not an "interested person" as defined in Rule 904 of the Catalist Rules The Board remains committed to the Company's existing business of post-production and content production for the entertainment industry and the creation of exhibitions-based virtual reality (VR) products for the Meetings, Incentives, Conferences & Exhibitions (MICE) industry, the latter which has been adversely affected by COVID-19. The Company's entry into the Exclusive Partnership Agreement is part of the Board's exploration of ancillary business opportunities that leverages on the Company's existing capabilities to maximize shareholder value, given the adverse impact of COVID- 19. |
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slingshotpro
Senior |
26-Jan-2022 16:38
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10m seller seems thinner by the day
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piscesmonkey
Supreme |
26-Jan-2022 16:38
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Chiong ah🚀 | ||||
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henrymilton
Master |
26-Jan-2022 15:18
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all crypto hype why cannot move | ||||
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stanleytay
Master |
26-Jan-2022 12:56
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You losing your touch, now start asking people to buy instead of sell. Good try dude.
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Stocky901
Supreme |
26-Jan-2022 12:51
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Hehe.. both you so sweet to each other. 😍 😍
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stanleytay
Master |
26-Jan-2022 12:24
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Thats why no matter what you say.. i keep saying you are right.
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slingshotpro
Senior |
26-Jan-2022 12:14
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Dont worry, I?m playing with you too. Share price move up or down based on very basic economic theory of supply and demand. When there is enough shareholders who believe in the story, price will move up
I am just public service announcements contra is bad for market and retailer in the long run, it is only good for the greedy brokers. Money is hard to earn, why let the brokers earns it so easy?
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stanleytay
Master |
26-Jan-2022 12:07
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Dude.. im just playing around with u.if you are a long term player.. dont need to come in everyday to repeat your contra story. Im just passing time here with you cos mkt is quiet. Enjoy
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piscesmonkey
Supreme |
26-Jan-2022 12:02
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BTC have been recover back to 37k++ now. VV3 going recover soon? | ||||
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slingshotpro
Senior |
26-Jan-2022 12:02
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They have mentioned there is a likelihood 2 more fund raising, but lets hope they raise at higher than 0.113 price.
Price started to move down when this 10m seller came in https://i.imgur.com/1ajaTK8.jpg. Let?s hope what we see now is the remaining 3m.
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slingshotpro
Senior |
26-Jan-2022 11:59
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It is true, share price is like 4D or Toto number, share price is picked by random generator or lucky draw. Everyday just wait for 5pm to see closing. There is no buying or selling behind the scene.
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stanleytay
Master |
26-Jan-2022 11:57
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Ya. Vividthree dont need BTC to go up, it can go up on its own. Guys, dont need to question this guru. Haha
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piscesmonkey
Supreme |
26-Jan-2022 11:56
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Yes correct. Maybe another placement soon?
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slingshotpro
Senior |
26-Jan-2022 11:53
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SGX should have a rule to implement a 6 month lockdown period for any private placement holder to sell shares in the market to protect shareholders.
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piscesmonkey
Supreme |
26-Jan-2022 11:47
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Think BB push down to 53 and collect enough and push up. Suddenly the seller queue lesser | ||||
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stanleytay
Master |
26-Jan-2022 11:44
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Yes you are right. Haha
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slingshotpro
Senior |
26-Jan-2022 11:42
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Btc recovered from 32,917 on 22/1/22 to 37,300 now, and on 22/1/22, vividthree was trading at low of 5.6c. Price now is 5.3c, vividthree follow btc? From the price action, we can see there is a desperate seller, bb is just happy to move down to buy cheap from him.
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slingshotpro
Senior |
26-Jan-2022 11:36
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5.2 and 5.3 queued to buy 3,000,000 now, waiting for the remaining seller volume at 5.4 and 5.7 to give it to them. But what price will they sell next? Clever buyer or clever seller?
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moron101
Supreme |
26-Jan-2022 11:36
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True. It's the players that decide the price. Don't really linked to Cryptos or company. welcome to SG.
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