Friday, May 13, 2016

The Moxian, Inc. (MOXC) Dragon Boat may sail on the NASDAQ in June

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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