On the coming 26th October, UToken Reserve will be signing a partnership agreement with a Chinese Enterprise at Bangkok, Thailand. The intensive cooperation of both parties will mark a very significant milestone in UToken history. By becoming one of the main shareholders and the member in the Board of Directors, the participation of Chinese Enterprise means both parties will work hand in hand in developing UToken business. Besides the upcoming marble mines development project, there will be more and more investment project coming up, including the Online Shopping Mall project bringing together thousands of product from the region mainly China. After an extensive research and study on branding, financial integration as well as market liquidity, carried out by the advisors, consultants and bankers, we found out that a large denomination of value and low market liquidity would definitely unfavourable for product liquidity and the settlement in financial system. Therefore the Management has decided to bring the UToken to a “Average Liquidity” on pre open market. Average Liquidity means that the price of UToken will be adjusted to USD 0.10 per unit. And all the quantity of UToken in all Users’ hand will be automatically enlarge to 10 times (while the value remains unchanged)! The UTrade system will stop for trading on the 24th October 2014 (Friday) 12.00 midnight for system preparation, and will resume for trading on 28th October 2014, 12.00 noon. This adjustment carries an important meaning behind, it built a very solid base for UToken to spread widely and rapidly to all around the world!
Posted on: Wed, 15 Oct 2014 12:20:11 +0000
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