The Dragon Boat Festival (http://dtn.fm/wxkL1), which, this
year, falls on June 9, is the start of three days of merrymaking in mainland
China, Hong Kong, Taiwan and America (http://dtn.fm/qt2EH). The cynosure of all
eyes will, of course, be the boat races, the winners of which are blessed with
good fortune in the coming year. A dragon boat is so called because of the
dragon figurehead that tops its prow. Although it’s in June this year, the time
of the festival varies in the Gregorian calendar. It is held on the fifth day
of the fifth Chinese lunar month, Wǔ Yuè. Now that the fifth month in the
Chinese calendar and the fifth month in the Western calendar have converged, it
is a time auspicious enough for Moxian, Inc. (OTCQB: MOXC) to signal its
intention to be listed on the NASDAQ.
In an interview (http://dtn.fm/F1soR) with Asia Fund Space
that was made public on May 12, 2016, the CEO of Moxian, Inc., Mr. James Tan,
had this to say:
“We believe that the OTC Board and the NASDAQ offer better
opportunities for us at this point in our development. We liken ourselves to
Facebook of a few years ago which had no revenue at the time, but now that we
are trading in New York, it allows us to better showcase our future earnings
potential to a wider group of investors. As for our decision to list in New
York, we believe investors there are more informed about technological
potential of listcos and this meshes with our strategy, as from early on we
have preferred investors with long-term commitment… And we are garnering a lot
of interest there as most investors see us as a Chinese internet company with
Singaporean-majority management.”
Asia Fund Space is an exclusive, pan-Asian community for
Listed Companies and Professional Investors.
In early 2014, Moxian, Inc. began trading on the OTCQB
Venture Marketplace, which is a listing platform for entrepreneurial and
development stage U.S. and international companies. To be eligible, companies
must be current in their reporting and undergo an annual verification and
management certification process. These standards provide a strong baseline of
transparency, as well as the technology and regulation to improve the
information and trading experience for investors. Companies must meet a minimum
$0.01 bid price test and may not be in bankruptcy. The NASDAQ listing
requirements are even more stringent.
As Asia Fund Space reminds us, ‘with over two decades of
experience managing private and public companies in Asia and the U.S., Tan is
well-versed in the advantages of going public – and successfully being granted
bourse upgrades. He was previously Chairman and CEO of Singapore-listed Vashion
Group, and served as Executive Director and CEO of Vantage Corp Ltd, and
Director at NASDAQ-listed Pacific Internet Ltd’.
Tan said the experience garnered at Pacific Internet when he
served on the board has been particularly useful in his current role as
chairman of Moxian.
“We are still very technology driven here at Moxian, with
around eighty of our staff of one hundred and seventy being R&D focused…
And among these eighty, twenty are purely end-product developers with the other
sixty being more general R&D staffers.”
James Tan believes three essential factors for the success
of an internet business are:
Firstly, we have to define a market need and potential, and
what product specifications are in demand;
Secondly, as for writing and designing code, we stress
quality over quantity;
Thirdly, we have to develop the ability to design and build
infrastructure and accessibility to deliver our products and support services
to the market.
Tan singled out the company’s Chief Technology Officer
(CTO), Dr. Ng Kek Wee who he said is the creator of a very successful ‘cloud
service offering’ that handles security for financial institutions. Dr. Ng has
received an award for Best Services Orientated Architecture and is a former CTO
of Hong Kong-listed Hi Sun Technology. James Tan waxed:
“He is a recognized data and analytical engineering expert
so this also allows us to draw from our Greater China talent base. In fact, we
successfully combine the best from our PRC, Singapore and U.S. engineering
talent pools.”
Moxian, Inc. engages in the business of providing social
marketing and promotion platforms designed to help merchants accelerate and
advertise their business growth through social media. These products and
services enable merchants to run targeted advertising campaigns and promotions,
and aim to enhance the interaction between users and merchant clients by using
consumer behavior data compiled from the Moxian database of user activities.
The company has two primary core products: Moxian+ User App and Moxian+
Business App.
For more information, visit the company’s website at
www.Moxian.com
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