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Wednesday, December 1, 2021

Metal Arts (OTCMKTS: MTRT) Powerful Run Northbound as Co Consummates Reverse Merger with Blockchain Pioneer Medium

Metal Arts (OTCMKTS: MTRT) is easily among the most exciting stocks in small caps and the most volatile skyrocketing from triple zero lows to recent highs of $6.235 per share. Reverse merger plays can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors and many RM stocks, we have covered on this website have gone from pennies to dollars and MTRT has been no exception. The stock has skyrocketed after Medium, one of the largest blockchain companies in South Korea acquired the controlling block of stock in MTRT in a private sale of 7,665,000 shares of common stock. Since than MTRT has been moving northbound in a hurry with intra-day highs of $6.235; a break over and its blue skies ahead for MTRT. 

As we reported on Medium before the Company is making big moves in the crypto space and in conjunction with its news public listing; in January 2021 Medium signed an MOU for ‘China Korea Trade Finance Transaction Platform (CKTF)’ development to a scale of USD 243.4 billion a year with PeerSafe, China’s leading blockchain solution provider. Medium also recently acquired KOK Foundation to expand its business domain to include globally strong B2C digital contents market established by KOK PLAY over 145 countries. Medium has been recognized for its unrivaled technological prowess by developing MDL, a high-performance blockchain solution that boasts 15,000 TPS. It has been announced that Medium Inc. plans to become a main player in the cryptocurrency market by developing its own main net, introducing an offline payment system for cryptocurrency, and developing NFT.  

Metal Arts (OTCMKTS: MTRT) is a leader in providing high-performance blockchain core technology in South Korea. The Company’s core processor MxP (Medium eXPress engine) was certified at 14,142 TPS which is the fastest blockchain processing speed recorded. Applying its cutting-edge technology, MTRT provides ultrahigh speed performance networks with great stability to support a wide range of B2B and B2C services including finance (DeFi, Digital Asset Custody), games, social VR, digital contents, entertainment, and more.  MTRT is the perfect merger candidate; a clean shell out of Clinton, CT with just 13,095,802 shares outstanding and AS set to 15 million shares.  

We reported on MTRT rise in August as news owners (Medium) acquired the controlling block of stock in MTRT in a private sale of 7,665,000 shares of common stock. A new board of directors of MTRT, consisting of Messrs. Pan Jong Kim, Kiwoon Biak, and Yunho Chung, was appointed. In addition, the following individuals are now officers of MTRT: (i) Mr. Pan Jong Kim is now serving as chairman and chief executive officer, (ii) Mr. Kiwoon Biak is now serving as vice president and chief financial officer of MTRT, and (iii) Mr. Yunho Chung is now serving as vice president and secretary of MTRT.   

On October 29 MTRT announced it has closed the Share Exchange Agreement with Medium, Inc. through its wholly-owned subsidiary, Trust Consulting, Inc. (“TCI”), thereby having control and ownership of Medium. Pursuant to the terms of the Share Exchange Agreement dated October 25, 2021, TCI assigned an aggregate of 67,891,991 shares of common stock of MTRT and 3,500,000 shares of Series A Preferred Stock of MTRT to Medium shareholders in exchange for 100% of the issued and outstanding shares of Medium.  

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Medium is one of the largest blockchain companies in South Korea – the hub of blockchain.  The Company has been recognized for its unrivaled technological prowess by developing MDL, a high-performance blockchain solution that boasts 15,000 TPS. It has been announced that Medium Inc. plans to become a main player in the cryptocurrency market by developing its own main net, introducing an offline payment system for cryptocurrency, and developing NFT.  

Medium was established in 2018 and is a privately held corporation based in Seoul, South Korea. With its world’s fastest high-performance blockchain core technology, Medium leads the blockchain industry in South Korea providing hardware and software solutions as well as blockchain platform development and management services. 

Since 2020, Medium’s MDL (Medium Distributed Ledger) solution has been selected from various blockchain projects in public and private sectors in South Korea. MDL is developed based on Medium’s core technology called MxP (Medium eXPress engine) which is certified as 14,142 TPS in performance test by KOTCA (Korea Testing Certification Agency) in January 2021. Currently, this is the fastest blockchain processing speed recorded. 

Applying its cutting-edge technology, Medium launched Medium Chain, a brand new blockchain network platform. Medium Chain provides ultra-high speed performance networks with great stability to support a wide range of B2B and B2C services including finance (DeFi, Digital Asset Custody), games, social VR, digital contents, entertainment, and more. 

As we previously reported on MTRT; MEDIUM in January 2021 signed an MOU for ‘China Korea Trade Finance Transaction Platform (CKTF)’ development to a scale of USD 243.4 billion a year with PeerSafe, China’s leading blockchain solution provider.  

Medium also recently acquired KOK Foundation to expand its business domain to include globally strong B2C digital contents market established by KOK PLAY over 145 countries. KOK Foundation has developed a digital content distribution platform through such technology, paying attention to its incredible potential. KOK PLAY is a decentralized digital content platform that was created through the combination of our AI, big data technologies, as well as blockchain that is currently in the spotlight. In order to solve the problem of monopolization of the existing global platform, it was developed to realize three values of “fair, share, and enable.” KOK PLAY is a platform that allows all creators to fairly explore the assets of the platform (fair), share values, vision, and collect returns accordingly (share), and ensures creators’ freedom to create (enable).  

KOK token has recently been listed on the global cryptocurrency exchange KuCoin. KuCoin is a high-quality exchange ranked among the top 5 on CoinMarket, with a daily trading value of nearly 3 trillion won. KOK is a cryptocurrency that can be used for content and shopping on the global digital content platform KOK PLAY. Currently, it is listed on Bithumb Global, ZBG, and Bittrex Global, the largest exchange in North America. With the addition of its listing on KuCoin, KOK will be available for trading on a total of four global exchanges.  

‘KOK PLAY,’ which constitutes KOK’s ecosystem, is a digital content platform created in September 2019 by talented developers who have united to create a transparent and fair content ecosystem. It provides content in various categories such as movies, webtoons, and games in eight languages ??so that K-content can be enjoyed from anywhere, and is showing steady growth with numerous users around the world. It is currently solidifying its position as a content platform by launching a large number of new movies and webtoons. 

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MTRT is easily among the most exciting stocks in small caps and the most volatile skyrocketing from triple zero lows to recent highs of $6.235 per share. Reverse merger plays can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors and many RM stocks, we have covered on this website have gone from pennies to dollars and MTRT has been no exception. The stock has skyrocketed after Medium, one of the largest blockchain companies in South Korea acquired the controlling block of stock in MTRT in a private sale of 7,665,000 shares of common stock. Since than MTRT has been moving northbound in a hurry with intra-day highs of $6.235; a break over and its blue skies ahead for MTRT. As we reported on Medium before the Company is making big moves in the crypto space and in conjunction with its news public listing; in January 2021 Medium signed an MOU for ‘China Korea Trade Finance Transaction Platform (CKTF)’ development to a scale of USD 243.4 billion a year with PeerSafe, China’s leading blockchain solution provider. Medium also recently acquired KOK Foundation to expand its business domain to include globally strong B2C digital contents market established by KOK PLAY over 145 countries. Medium has been recognized for its unrivaled technological prowess by developing MDL, a high-performance blockchain solution that boasts 15,000 TPS. It has been announced that Medium Inc. plans to become a main player in the cryptocurrency market by developing its own main net, introducing an offline payment system for cryptocurrency, and developing NFT. We will be updating on MTRT when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with MTRT.

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Disclosure: we hold no position in MTRT either long or short and we have not been compensated for this article.

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