I deeply appreciate your openness to consider investing in Phoenixict Co., Ltd.
Phoenixict Co., Ltd is structured to drive Crowdwisdom as a business-community bridging entity in which our vision is to nurture talent, innovate culture and bridge people to world class hub. It was then further define into two key areas with the whole evolution of internet economy namely: Crowdfunding & Crowdsourcing. Below is a diagram on what I have been investing started 2013 to now.
There are two concerns that have me to open up to explore Thai investment as mentioned to you during your visit in Singapore:-
1. To continue my development work building the Crowdfunding Platform full fledge; I need very strong connections and financial reference in order to provide equity and debt based platform to Thailand. The SEC regulations needs the company who submit for a regulated platform has to be Thai-owned or joint-venture where Thai holds majority stake.
2. To run my role for BOEING as their ISC for Thailand, Thailand government informed BOEING that I need to apply for FBL and no guaranteed that I can secure the lic (according to my lawyer unless I have $trong connection$) alternatively is to seek for a local JV to hold 51% stake.
At this point, Phoenixict business revenue projection is huge but my resources are tight. This opening that you have expressed interest to consider as an investors are indeed very encouraging. Attached please see Sinwattana’s business plan. I surely look forward to your avail to further discuss on possible investor relationship anytime soon.
Gratitude,