Business
Fernhill Corp is Pleased to Provide the Following Corporate Updates
Fernhill Corp is Pleased to Provide the Following Corporate Updates.
About this update from Fernhill Corp.
[{"type":"text","content":"LAS VEGAS, NV / ACCESSWIRE / September 8, 2022 / Fernhill Corp (OTC PINK:FERN), a Web3 Cloud Based Enterprise Infrastructure firm focused on providing APIs for digital asset trading, NFT marketplaces and data aggregation solutions, is pleased to announce the following initiatives:Rebranding - Fernhill is undergoing a consolidated rebranding initiative around Web3 and the "MainBloq'' brand name to better align our business, go-to market strategy and more clearly define our messaging and positioning in the marketplace. Additional details on this will follow once our strategy and roll-out timeline on this effort have been finalized.Communications - Fernhill is now working with 6IX.com as its new corporate communications partner & investor experience platform. We will be hosting our introductory event with them next Tuesday, September 13 at 12 Noon ET. The Webinar is titled: Optimizing & Automating The Crypto Ecosystem for Web3. A Q&A with Fernhill's executive team will follow the presentation. Register here: Fernhill Web3 WebinarAudit - we are making great progress with the respective accounting and audit work towards completing our financials in order to become fully reporting with the SEC. Given the MainBloq acquisition last year, we are required to essentially audit 2 years of MainBloq/Qandlestick and 2 years of Fernhill, which is a considerable undertaking.Question of Dilution - To address several inquiries of the recent past from interested shareholders, we would like to reaffirm that none of the executive management team of Fernhill or MainBloq have sold any shares of FERN. In addition, no new shares have been issued pursuant to our Regulation A offering since April, 2022.MainBloq UpdatesA. New Exchange Connections - Derebit was recently added to the growing list of 30+ ExchangesB. New Basic Options Support is now available. Initial trading venues include Derebit, Delta, and Gate.io and we now offer Buy/Sell Cancel and Options Quoting.C. New Clients - currently there are several clients that range from hedge funds and exchanges, to crypto software firms that are expected to sign contracts with MainBloq over the next several weeks. This continues our growth plan and supports our accelerating revenue ramp.D. CryptoWire Updates - We are completing Phase 1 of the implementation and entering into the larger commer...