@Gwei,

Really quick, the indexing has been done under the parent company Squawk Advisors, the parent company. We are currently undergoing the process for full approval to operate the crowdfunding aspect of our business. As far as investors that wish to use RLX to snap up entire units under their own name, we are already cleared and ready to go with that.

@shochuu

We all completely agree with most of the points you made. The theme of the last week besides the interest from the Tel Aviv VC has involved a large media outlet looking to promote us, and we concluded similarly to you that certain steps need to be made first before we would go that route. I can assure you that rather than taking a rocket shot up without fueling up our tank, we are making sure we have the fuel and the design technicals for the ship to leave orbit successfully So we have had big names in media approach us, but the building blocks need to be put in place in order to really take off. We are fully aware of this, and we are taking steps to make this happen.

Having said that, about half of our team is currently off for Lunar New Year, so don't expect too many updates this week as much of the work this week is paperwork, clerical, office organization, planning execution, etc. We get back to the action stage in the next coming weeks again. For those of you who are celebrating Lunar New Year, chuc mung nam moi, suc khoe va hanh phuc, and 新年快乐 ！

Relex Team