Post by
wanttoretireearly on Apr 20, 2022 7:18am
New Update - Operations
Operations Update 2022-04-20 02:01 ET - News Release Toronto, Ontario--(Newsfile Corp. - April 20, 2022) - Graph Blockchain Inc. (CSE: GBLC) (OTC Pink: REGRF) (FSE: RT5A) ("Graph" or the "Company") is pleased to announce recent operational updates for the Company and its wholly-owned subsidiaries, New World, Coin Analyser and Niftable. Progress Highlights Graph Blockchain has applied to the exchange for permission to launch a share buyback program. Management believes the stock is significantly undervalued. We are hoping to obtain approval shortly. The New World team has been working closely with Ronaldinho in Toronto to collaborate on a joint non-fungible token (NFT). This NFT will be expected to officially launch in July with additional launches planned in June once the platform has been revamped. New World is working on many other exciting initiatives which the Company plans to provide more information on in the next coming months. We continue to work on the spin out of Coin Analyser and expect to file our application once the audited financial statements are completed. These will be ready at the same time as GBLC files its annual audited financials. The development team continues to work on the AI predictive model with iterations being updated. We anticipate having a preliminary model over the near term and potentially starting to trade some potential cryptocurrencies based on the initial signals. Following the successful launch of the One Body Village (OBV) NFT, Niftable is working closely with OBV on collaborating on some preliminary artwork that will be minted into NFTs for sale. We are targeting to launch OBV's next NFTs over the next few weeks. Furthermore, Niftable has been active in speaking with several other charities about the NFT opportunities. Niftable is participating in the CAGP National Conference on Strategic Philanthropy in June, which is expected to gain significant exposure for Niftable. "We are very excited with the progress we are making and look forward to updating our shareholders as we continue to work on these and other exciting opportunities," said Paul Haber, CEO of the Company.