The Dragon Boat
Festival (http://dtn.fm/wxkL1), which, this year, falls on June 9, is the start
of three days of merrymaking in mainland China, Hong Kong, Taiwan and America
(http://dtn.fm/qt2EH). The cynosure of all eyes will, of course, be the boat
races, the winners of which are blessed with good fortune in the coming year. A
dragon boat is so called because of the dragon figurehead that tops its prow.
Although it's in June this year, the time of the festival varies in the
Gregorian calendar. It is held on the fifth day of the fifth Chinese lunar
month, W? Yuè. Now that the fifth month in the Chinese calendar and the fifth
month in the Western calendar have converged, it is a time auspicious enough
for Moxian, Inc. (OTCQB: MOXC) to signal its intention to be listed on the
NASDAQ.
In an interview
(http://dtn.fm/F1soR) with Asia Fund Space that was made public on May 12,
2016, the CEO of Moxian, Inc., Mr. James Tan, had this to say:
"We believe
that the OTC Board and the NASDAQ offer better opportunities for us at this
point in our development. We liken ourselves to Facebook of a few years ago
which had no revenue at the time, but now that we are trading in New York, it
allows us to better showcase our future earnings potential to a wider group of
investors. As for our decision to list in New York, we believe investors there
are more informed about technological potential of listcos and this meshes with
our strategy, as from early on we have preferred investors with long-term
commitment… And we are garnering a lot of interest there as most investors see
us as a Chinese internet company with Singaporean-majority management."
Asia Fund Space is
an exclusive, pan-Asian community for Listed Companies and Professional
Investors.
In early 2014,
Moxian, Inc. began trading on the OTCQB Venture Marketplace, which is a listing
platform for entrepreneurial and development stage U.S. and international
companies. To be eligible, companies must be current in their reporting and
undergo an annual verification and management certification process. These
standards provide a strong baseline of transparency, as well as the technology
and regulation to improve the information and trading experience for investors.
Companies must meet a minimum $0.01 bid price test and may not be in
bankruptcy. The NASDAQ listing requirements are even more stringent.
As Asia Fund Space
reminds us, 'with over two decades of experience managing private and public
companies in Asia and the U.S., Tan is well-versed in the advantages of going
public - and successfully being granted bourse upgrades. He was previously
Chairman and CEO of Singapore-listed Vashion Group, and served as Executive
Director and CEO of Vantage Corp Ltd, and Director at NASDAQ-listed Pacific
Internet Ltd'.
Tan said the
experience garnered at Pacific Internet when he served on the board has been
particularly useful in his current role as chairman of Moxian.
"We are still
very technology driven here at Moxian, with around eighty of our staff of one
hundred and seventy being R&D focused… And among these eighty, twenty are
purely end-product developers with the other sixty being more general R&D staffers."
James Tan believes
three essential factors for the success of an internet business are:
Firstly, we have to
define a market need and potential, and what product specifications are in
demand;
Secondly, as for
writing and designing code, we stress quality over quantity;
Thirdly, we have to
develop the ability to design and build infrastructure and accessibility to
deliver our products and support services to the market.
Tan singled out the
company's Chief Technology Officer (CTO), Dr. Ng Kek Wee who he said is the
creator of a very successful 'cloud service offering' that handles security for
financial institutions. Dr. Ng has received an award for Best Services
Orientated Architecture and is a former CTO of Hong Kong-listed Hi Sun
Technology. James Tan waxed:
"He is a
recognized data and analytical engineering expert so this also allows us to
draw from our Greater China talent base. In fact, we successfully combine the
best from our PRC, Singapore and U.S. engineering talent pools."
Moxian, Inc. engages
in the business of providing social marketing and promotion platforms designed
to help merchants accelerate and advertise their business growth through social
media. These products and services enable merchants to run targeted advertising
campaigns and promotions, and aim to enhance the interaction between users and
merchant clients by using consumer behavior data compiled from the Moxian
database of user activities. The company has two primary core products: Moxian+
User App and Moxian+ Business App.
For more information,
visit the company's website at www.Moxian.com
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