There are 3 very important listing factors that needed to be achieved in order to meet the listing requirements in NASDAQ which I’m going to share with all of you.
Firstly, the corporation share price has to be at least trading at a minimum market value of USD4/share.
Secondly, the shares have to achieve a minimum of 70% shares being floating in the market.
Thirdly, the group minimum revenue has to be at least USD 1 million per month.
And they are further more requirements needed to be fulfilled.
Ladies and Gentleman
Let us refresh back to the day on the historical mark between the partnerships of OD group with GMCI Corporation back in 21th December 2015. The share price for GMCI Corp under the OTC counter back then was quoted at USD 1.25 and now today it has reached to a new height and being traded in the OTC counter at USD 2.38 / share. The growth has signifies the support from the market and from the investors and hence we are moving towards the right track on achieving the first listing requirements of having a minimum trading market value of USD 4/share.
Ladies and Gentleman
Our greatest challenge would be to float out a minimum of 70% shares in the market and hence this would be a main priority for us to work towards. Hence with the support from the OD group and its worldwide members this will give GMCI a great boost to achieve this target by 2017.
Ladies and Gentleman
I would like to take this opportunity today to share with all of you on an important factor on share Investment versus Speculation. Value investors will tend to growth with the company which they invested and not to speculate it. Let me provide a brief view on what is investing versus speculation.
The main difference between speculating and investing is the amount of risk undertaken in the trade. Typically, high-risk trades that are almost akin to gambling fall under the umbrella of speculation, whereas lower-risk investments based on fundamentals and analysis fall into the category of investing.
Investors seek to generate a satisfactory return on their capital by taking on an average or below-average amount of risk. On the other hand, speculators are seeking to make abnormally high returns from bets that can go one way or the other. It should be noted that speculation is not exactly like gambling because speculators do try to make an educated decision on the direction of the trade, but the risk inherent in the trade tends to be significantly above average.
As an example of a speculative trade, consider a volatile oil & gas mining company that has an equal chance over the near term of skyrocketing from a new oil discovery in the deep sea or going bankrupt. With no news from the company, investors would tend to shy away from such a risky trade, but some speculators may believe that the junior O&G Company is going to strike oil and may buy its stock on a hunch. This would be speculation.
As an example of investing, consider a large stable multinational company. The company may pay a consistent dividend that increases annually, and its business risk is low. An investor may choose to invest in this company over the long-term to make a satisfactory return on his or her capital while taking on relatively low risk. Additionally, the investor may add several similar companies across different industries to his or her portfolio to diversify and further lower their risk.
Ladies and gentleman
Is all about how is you own risk management. As for GMCI we are moving towards to provide a long-term investment strategies which the main management intention it to move the corporation from the OTC market to the main board market in NASDAQ. Through aggressive acquisition via industry synergies by rapidly growing the group’s revenue and net tangible assets, the corporation main intention is to maximize shareholders return. This will indirectly create a consistent growth of investment towards our shareholders in the longer terms.
Hence they will be no doubt on the increasing of the floating shares in the OTC market would create a speculation arena for some speculators out there but no doubt that speculation sometimes do have its own benefits which is able to boost up the share price but at the longer run, the strong fundamentals of the corporation will provides a favorable returns and a stable share price for value investors.
Ladies and Gentleman
Last but not least,
Let me share with you some insights and some current strategies that the corporation is working on. We have identify a few potential companies which covers on the education sectors, steel precision tools manufacturer, a recycle manufacturing factory and a property development company which is currently on our top portfolio lists on discussion and review.
I can assure you that very soon there will be potential companies to be announced and will be added to the GMCI investment portfolio in order to align us towards our main listing goal on growing our group’s revenue and NTAs.
With this, I will end