1/ A number of Unicoin holders have asked us if they could attend our Annual Shareholder Meeting to participate in our discussion regarding our 2023 Strategy and Objectives.
Normally, only shareholders are invited to participate in shareholder meetings. However, we recognize that Unicoin holders are also stakeholders interested in the success of Unicoin, and we've been doing our best to keep them informed about our plans and progress. In this spirit, we will send invitations to participate as guests in our Annual Shareholder Meeting to everybody who invested $25,000 or more in unicoins or holds our Options for $25,000 or more.
All other registered Unicoin or Option holders will be sent a Zoom link through which they will be able to watch the meeting in real time. We will also distribute the video report about the shareholder meeting.
The meeting will take place in Miami Beach at 9 AM on February 23rd. The details will be provided by our Legal Department in the formal invitation. As per our By-Laws, only shareholders will be able to vote.
2/ We voided the early-reported purchase of 1,700 acres of coastal land for $60M worth of unicoins as our due diligence research discovered that the ownership rights for that parcel were contested. This decision, however, does not negatively impact our sales numbers as we've added other real-estate-backed deals.
3/ Bitcoin is 38% up this year, so it is clear by now that the current crypto rally is not a short-term price fluctuation. The renewed investor interest in crypto is one of the reasons we terminate our discounted pricing at the end of this month:
2/ Our strategic objective is to turn Unicoin into a major crypto brand. To do it in the most efficient manner, we are relying on partnerships with major media companies.
As an example, here's a new article published in Expansion, one of the largest Mexican media companies on their Unicorn Hunters channel:
Linkedin.com/in/konanykhin
Next Generation of Cryptocurrency and a Tokenized Global portfolio of equity stakes in emerging growth companies.
P.S.: My updates focus on our journey towards becoming a publicly-traded company and on our efforts to turn our Unicoin into a major cryptocurrency. These updates are not intended to serve as financial advice or to replace our official reports filed with the SEC. Please note that I cannot possibly answer all the questions myself, so your response to this message may be processed by members of our Investor Relations team. My past updates can be found at kmgi.us/updates
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