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MultiMetaVerse Holdings Limited V.MMV


Primary Symbol: MMV

MultiMetaVerse Holdings Limited is a holding company principally engaged in the animation and entertainment industry. The Company conducts its business primarily through subsidiaries, including Shanghai Mi Ting Culture and Creative Co Ltd and its subsidiaries Shanghai Ling Xu Technology and Beijing Mi Ting Technology Co Ltd. The Company primarily develops and publishes animations, mobile games, and other contents offerings such as anime merchandise, and also provides animation production services to other animation and gaming companies.


NDAQ:MMV - Post by User

Post by btshooteron May 29, 2020 3:15pm
204 Views
Post# 31089376

Captain m

Captain m
Good day captain, the NR describing the share allotment for debt is dated Oct. 16, 2019. This NR is very clear that the debt share issuance was to principals of the corporation. Your painting of this issue is very one sided, managements sacrifice of having not getting paid, which is BS. They all got paid at a discount to the market value of the securities trading price at the time of the stock for debt allotment. Secondly, the management are the responsible persons who incured the debt, possibly by their incompetent management. Most of this management are paid by the mmv treasury to corporate entities who are not considered insiders of the company. This allows the holders of the debt to sell the securities at much higher prices than they received the allotments for the debt they incurred. There is no reporting necessary for insider trading. You can't loose if your in management, they can run the debt up knowing full well they will make a profit on their incompetence. This fact might encourage the long periods of no movement forward of the project, management wins while stockholders loose. They can relax in their Whistler chalet with feet up, knowing full well they will be getting paid. We are only presenting what we believe to be facts here, if you are privy of other information disputing this annology please post them. NOT JUST HERESAY FROM MANAGEMENT BUT REAL FACTUAL DOCUMENTATED EVIDENCE.
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