The fundraising situations of IPO were subpar in the earlier stage, and were of a large gap with the plan. So through the meetings of the team and stockholders, we decided to introduce external strategic investor. We are to receive the strategic investments of the websites of Kapil Kumar Jain and globalcoinreserve.com.
We are to receive the strategic investments of the websites of Kapil Kumar Jain and globalcoinreserve.com. Kapil Kumar Jain have took part in the early development of globallshare and is of profound technological base.
The strategic investors took part only in the IPO of globallcoin and do not share the stocks of the website. We have set for them a 90-day lock-up period, during which their coins can only circulate in globallcoin.com but are not discretionary.
They are to take part in the developing and marketing of the website. We believe that such strategic investors will help globallcoin go further.
We're worried that ours slice of the cake is going to get smaller.