Business
New Asia Holdings Inc. Issues Statement Regarding Recent Third-Party Promotional Activity
New Asia Holdings Inc. Issues Statement Regarding Recent Third-Party Promotional Activity.
About this update from New Asia Holdings, Inc.
[{"type":"text","content":"\n\n\n\nNew Asia Holdings Inc. Issues Statement Regarding Recent Third-Party Promotional Activity\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nNew Asia Holdings Inc. Issues Statement Regarding Recent Third-Party Promotional Activity\nPR Newswire\nSINGAPORE, Aug. 5, 2019\n\n\n\nSINGAPORE, Aug. 5, 2019 /PRNewswire/ -- On August 1st 2019, New Asia Holdings Inc. (OTCQB: NAHD), (the \"Company\") received correspondence from the OTC Markets Group Inc. stating that it has become aware of recent promotional activities touting the Company and encouraging investors to purchase Company shares of common stock.\nOn August 1st, 2019, the Company was made aware of the promotional activities through the above correspondence from OTC Markets. The promotional activities involve certain publicly-disseminated promotional newsletters and information encouraging investors to purchase the Company's common stock. Company information contained in the promotional material seems to have been extracted from publicly available information including, without limitation, the Company's: (i) OTC Market profile, (ii) website, and (iii) SEC filings. It appears that the promotional activity prompted a substantial upward spike in the Company's trading price and volume\nThe information contained therein is generally accurate as to the Company's business and technologies, however, numerous statements in such promotional materials, which the Company views as overly promotional, were independently added by the unknown authors of such promotional materials. Such statements encourage investors to purchase the Company's common stock. The Company wishes to emphasize that these statements only express the views of the authors of the promotional material. The Company disclaims any exaggerated or potentially misleading information contained in such promotional materials. In particular, the Company disclaims any statements regarding future revenues, earnings or income and any statements regarding potential future increases in the price of the Company's common stock.  \nPrior to receiving the correspondence...