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New World Solutions Inc REGRF


Primary Symbol: C.NEWS

New World Solutions Inc. is a Canada-based technology company. Through its blockchain and technology involvement, the Company leverages solutions in the decentralized finance space as well as the electric vehicle (EV) area. It provides shareholders with exposure to various areas of Decentralized Finance (DeFI) through several wholly owned subsidiaries, Babbage Mining Corp., Beyond The Moon Inc., New World Inc., Optimum Coin Analyser Inc., Niftable Inc. and New World EV Solutions Inc. Beyond the Moon Inc. manages the process of entering crypto launchpads by helping to facilitate access to early-stage crypto tokens which provide the first public investment round, called an Initial DEX Offering (IDO) and New World Inc. is an augmented reality art-focused Non-Fungible Token (NFT) company that allows creators, musicians and celebrities to have access to an NFT distribution canvas to create and sell digital art. The Company’s portfolio also includes dialMKT Corp.


CSE:NEWS - Post by User

Comment by peppesilver57on Jul 06, 2022 12:02am
183 Views
Post# 34804069

RE:NCID

RE:NCIDCan the sp price be a safer prediction for future investers and present share holders. IF the company ncid Is done at 10 shares to 1. provided its voted in at the july meeting. 523962574 would become aprox. 54 million shares. the purchase at 10cents would be aprox. 2,8 million         Graph Blockchain Inc. Interim Condensed Consolidated Statements of Cash Flows (Expressed in Canadian dollars) (Unaudited) 6 The accompanying notes are an integral part of the interim condensed consolidated financial statements. Nine months ended January 31, 2022 Nine months ended January 31, 2021 $ $ Cash flows used in operating activities Net loss (9,166,982) (1,866,118) Adjustments to reconcile net loss to operating cash flow Depreciation 54,845 393 Gain on sale of digital assets (703,765) - Gain on settlement of debts (10,000) (193,002) Impairment of digital assets 1,279,505 - Loss on disposal of assets - 7,805 Consideration paid in excess of net assets acquired from acquisition 4,683,910 - Share-based compensation 781,156 1,619,867 Net change in operating assets and liabilities (Note 7) (530,100) (52,571) (3,611,431) (483,626) Cash flows provided by investing activities Purchase of digital assets (1,184,103) - Purchase of property and equipment (112,531) - Proceeds from sale of digital assets 1,503,765 - Acquisition of New World Inc., net of cash received 357 - Acquisition of Optimum Coin Analyser Inc., net of cash received 111,492 - Acquisition of Niftable Inc., net of cash received 5,486 - 324,466 - Cash flows (used in) from financing activities Proceeds from issuance of share capital, net - 323,258 Proceeds from exercise of options - 250,000 Proceeds from exercise of warrants 3,600 50,742 Loans payable (150,000) 40,000 (146,400) 664,000 Effect of exchange rate changes on cash and cash equivalents 7,270 2,491 Decrease in cash and cash equivalents (3,426,095) 182,865 Cash and cash equivalents, beginning of period 8,802,843 105,252 Cash and cash equivalents, end of period 5,376,748.. The shares outstanding  would then be aprox. 25mil.. According to cash on hand and other resourses the company has or may not have. The ideal  ncid purchase price is 0.005 . That would have to happen after the consolidation. At  which point the price can go from .10cents to .005. over time. Then if Investments and crypto investments start to gain again. the share price should be at about .20 to .30c in a year to 18 months.Just a prediction as no one knows the future. GLTA
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