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Jesus UTRS, the shares get transferred out from “the broker” to another broker, circumnavigating lock-in agreements and sold. Brokers in general are the most slippery characters out there, calling them would be a total waste of time, as for my agenda, it’s the same as everyone else I’d imagine, to make money.
If yours is to frame your share certificate, polish it on a daily basis, or share spit with the BOD members at the AGM , whilst loosing money, that’s your business.
You don’t like the truth because it doesn’t suit your agenda.
Call the broker
UTRS are you that friggin clueless? Of course it’s 1p seed stock hitting the market, the placing has settled, so unless you take a big hit, placees aren’t selling, quite the opposite, still a 4 bagger nearly for the penny guys though. Lock-in agreements not worth the paper they are written on, same happened on arb when they listed, oh Yh same people involved! Go figure.
These are the facts from the in house broker :-
200m shares at 1p locked in for 6 months.
100m shares at 0.01p locked in for 12 months.
No one has sold any of the lock in shares !!!
And the company only recieved the £35m on Friday.
Think that's great news - will look like a complete bargain once buying channels open up imv
Argo was making lots of money when they listed on on the OTC, they also had a track record and strong SP growth in the UK, at the time.
Does NFT Inv. actually own any NFTs or anything?
I'm not running this down, I'd like to get involved but am not sure if this was created to ride the wave or has real depth of knowledge, like KR1 or Pluto.
Awesome news
Worked wonders for ARGO Blockchain
19 April 2021
NFT Investments PLC
("NFT Investments" or the "Company")
Application filed for share trading on the OTCQB Venture Market in the United States
NFT Investments (AQSE: NFT) , a company specializing in the identification, acquisition, investment, and development of non-fungible tokens and established by the co-founders of Argo Blockchain plc , is pleased to announce that it has filed an application with OTC Markets Group for the Company's shares to be cross-traded publicly on the OTCQB Venture Market ("OTCQB"), which would make NFT Investments' shares more widely available to North American investors. NFT has engaged the corporate securities law firm of Galanopoulos & Company to act as its OTC Markets Sponsor in connection with the onboarding.
Trading on the US OTC market would have no impact on existing NFT Investments' ordinary shares trading on the Access segment of Aquis Stock Exchange Growth Market (AQSE) in London and no new ordinary shares will be issued as part of the cross-trade. NFT Investments will continue to rely on the announcements and disclosures it makes to the Aquis Exchange and will have no Sarbanes-Oxley or SEC reporting requirements in connection with cross-trading on the OTCQB.
Should the application be successful, the cross-trading facility will be provided through OTC Markets Group Inc., located in New York, USA. OTC Markets operates the world's largest electronic interdealer quotation system for US broker dealers and offers multiple media channels to increase the visibility of OTC-traded companies.
Jon Bixby, Executive Chairman of NFT Investments, said: "We would like to make NFT Investments' shares available to US markets in order to gain access to a broader investor base and enhance our visibility in North America. Dual trading on the OTC markets will represent an important development for the Company."