Here are some interesting links for understanding what was stated in the PR about David Chua's previous work, experience, connections, etc.:Īrticle - Ipmuda Bhd aims to rack up RM4 million in sales by mid-2019Ĭhief Executive Officer of Ipmuda Berhad, David Chua (second from left) and Group Chief Executive Officer of Methven, David Banfield (second from left) during International Architecture, Interior Design and Building Exhibition (Archidex) after signing ceremony between Ipmuda Berhad and Methven at Kuala Lumpur Convention Centre (KLCC). October 28 Tweet from Knudson with a "friendly message to CBTC shareholders from David Chua": This has removed dilution risk and strengthens the company's financial position as it pursues expansion financing. Management has been working diligently to bring current all filings and has negotiated for reduced interest rate on outstanding debt and the elimination of all convertible debt note. XTRA believes his connections and expertise will help us get the best financing terms that benefit the company and shareholders. We are very excited to David bring his experience and vast connections to guide our capital raise as we grow our company and increase revenues. XTRA's CEO Paul Knudson welcomes David to the XTRA Bitcoin Team. Chua served at BBMB Securities from 1991 to 2001 as an institutional sales dealer for the Employees Provident Fund (EPF), Lembaga Tabung Haji, UBS, Goldman Sachs and various investment and mutual funds. He was Senior Manager at SBB Securities during that time, he helped oversee 32b RM, USD 7.2 billion assets. David has served as VP for investments at Al Mojil Investment in Saudi Arabia, Dubai. With strong communication, data and technical analysis skills, he has performed due diligence and participated in mergers and acquisitions, project management, public speaking and management reporting.Īs CEO of IPMUDA BERHAD he brought in approximately $500m RM, $125 million USD revenues per year. ![]() He has extensive market experience across Asia, US, Europe, Middle East and Emerging Markets. Based in Malaysia, David Chua has more than 25 years of experience in finance and advisory, corporate consultancy, fund raising, portfolio and fund management across various asset classes including equities, derivatives, bonds, hedge funds, FX, real estate and private equity. XTRA's Board is pleased to introduce our newest team member, Mr. OctoPress Release: Contract Signed With Financial Consultant to Lead Expansion Capital RaiseĬontract Signed with Financial Consultant to Lead Capital Raise For ExpansionįRUITLAND, ID / ACCESSWIRE / Octo/ XTRA BITCOIN INC (OTC PINK:TCEL) $TCEL $xtrabitcoin: $CBTC Announcement:Contract with high-profile Asian corporate finance specialist and ticker symbol has been changed from TCEL to CBTC. by XTRA Bitcoin, Inc., the company name has been changed from Therapy Cells, Inc. Note the references to "TCEL" - As follow-up to the reverse takeover of Therapy Cells, Inc. Read the entire press release - there is more in this press release that essentially lays out the business model & plan for XTRA Bitcoin, Inc.: We believe that patience, persistence, and hard work pays. Things are going to get very exciting over these coming weeks and months and once again we thank and appreciate our shareholders that believe in us. ![]() With adequate funding, XTRA can also obtain rights to over 40MW in other jurisdictions for additional growth. We hope to add some new members to our team from the Southeast Asia/China region and will keep shareholders updated on the events as they progress. XTRA is engaged in negotiating terms, hoping to secure growth funding, financial stability, and long-term shareholder value. Most of these investors are from China, Singapore, Malaysia and Korea. We have had many outside investors contact us regarding investing and working with us developing bitcoin mining. Bringing filings current and removal of the OTC STOP sign is important to lenders and investors who want to participate in funding our bitcoin mining business. ![]() ![]() Management is confident that the FINRA requested documentation and audited financials can be provided in the next 30 to 60 days and has therefore opened financing discussions with several investors and leased additional electrical capacity to bring our project from 2.5MW to 10MW. After FINRA, bringing filings current on OTC to remove the STOP sign is a prerequisite condition to obtaining funding. Complying with the FINRA requests is the required first step towards bringing our filings current. (OTC PINK:TCEL) XTRA’s management is assembling the documentation requested by FINRA in response to our corporate action notification regarding merger and name change. XTRA Bitcoin Inc Opens Financing Negotiations, Increases MW Capacity 400% and Continues Documentation Process with FINRA to Bring Filings CurrentįRUITLAND, ID / ACCESSWIRE / Aug/ XTRA Bitcoin Inc.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |