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Fineqia International Inc. C.FNQ

Alternate Symbol(s):  FNQQF

Fineqia International Inc. is a digital asset business that builds and targets investments in early and growth stage technology companies. The Company’s portfolio of investments includes businesses at the forefront of tokenization, blockchain technology, non-fungible tokens (NFTs), artificial intelligence (AI), and financial technology (fintech). Additionally, the Company provides a platform that facilitates the issuance, distribution, and marketing of debt securities in the United Kingdom securities for subscription by accredited investors, high net worth individuals, family offices, and fund managers. The platform is designed to bring an issuing company’s minibonds to market, by distributing and marketing minibonds to the crowd, as well as highlighting the risks and outlining the opportunities involved. In addition, its platform lets end users choose what asset class they invest in, but also gives them access to the data they need to make informed decisions.


CSE:FNQ - Post by User

Bullboard Posts
Post by MichaelRrrrron Feb 26, 2019 6:40pm
38 Views
Post# 29416949

Phun Update

Phun UpdateThis is a real interesting article at Seeking Alpha as an update on Firsthand Technology's update on PHUN, which didn't change their valuation since they were honest from the start. https://seekingalpha.com/article/4244076-firsthand-technology-value-fund-update EXCERPT: "...we think managements decision to report the NAV as they did is a prudent one, given the volatility that PHUN has shown thus far. But its worth calculating what the true NAV/share really is, because it shows that a bet on SVVC, even after PHUNs share price collapse, is still an asymmetric one (for simplicity, we assume all the other holdings remain unchanged)." I think we should have an update. While I did have visions of PHUN dollars raining from the sky into our laps, it's just a verdict that has not been delivered yet. I don't know if Fineqia intentially bent the truth, or if they didn't know about the S-1 not being filed, or if they were just counting chickens before they were hatched. I just think it hurts our credibility and trust. I do trust this team, but it has been shaken some. And it may not look good to others. I think we should have an update. Our investments are still good, just not self-funding as I was led to believe. Sadly... Honesty is the best policy.
Bullboard Posts