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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

Comment by goldenthunder17on Apr 20, 2021 10:50am
231 Views
Post# 33028756

RE:RE:Updates?

RE:RE:Updates?

All the "due dilligance" you're referring to happened well before Christmas, mostly in the fall. That does not explain the almost five month window since then. 


While I appreciate your continual optimism, the inability of the team to raise funds in a timely manner is incredibly concerning, especially considering that this is only one raise of many that will need to be completed. Assuming results are favorable, a much larger sum will need to be raised immediately after this round of drilling in order to achieve a NI 43-101. Given the historically slow pace of affairs thus far, it is difficult to imagine MMV attaining a reserve report for Standby before 2022. 

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