Tonner-One World Holdings Inc (OTCMKTS: TONR) is making an explosive move up the charts in recent trading with an eye on recent $0.0175 highs. The stock is quickly gaining traction among small cap investors and starting to attract some big players. Currently under heavy accumulation TONR is looking to break out of its current trading range and take out recent highs of $0.0175 for confirmation of the next leg up.
Now that TONR has achieved “pink current” status the Company is issuing press releases and plans to release many more updates soon according to their twitter. On November 18 TONR released a letter to shareholders from CEO Ejike Arinze who stated the Company is actively reviewing merger and acquisition candidates, operating cryptocurrency exchange, Defi or Fintec businesses. Management has doubled down on their promises of NO Reverse Splits and No Dilutions except to finance acquisitions or hire important talent and are currently focused on clearing out all remaining toxic notes through negotiations or litigations, identifying and canceling improperly issued shares and engaging PCAOB auditors to prepare Co for QB uplisting.
Tonner-One World Holdings Inc (OTCMKTS: TONR) is a developmental company that used to be a provider of multi-cultural doll products to the specialty, affinity and mass merchandise retail marketplace via a focus of direct and online sales platforms. The company combined a play model with a socially impactful message for young girls and their self-image awareness and development. The company currently has no current operations but has plans to merge with an operating cryptocurrency, Defi or Fintec business. The company would in the alternative, acquire and consolidate an asset roll-up to become a profitable enterprise. Areas of interest include mining, crypto-currency operation, green energy, digital banking, real estate lending, residential, commercial, and industrial sectors.
The company currently has plans to merge with an operating cryptocurrency, Defi or Fintec business. The company would in the alternative, acquire and consolidate an asset roll-up to become a profitable enterprise. Areas of interest include mining, crypto-currency operation, green energy, digital banking, real estate lending, residential, commercial, and industrial sectors. Crypto is a great place for the Company; according to CryptoCompare, a global cryptocurrency market data provider, crypto derivative volumes rose 54% to more than $710 billion in August in its monthly Exchange Review. That’s a new all-time high, with August’s figures now far exceeding the $602 billion monthly volumes reported in May.
https://twitter.com/TonnerOne/status/1460698123756445698
https://twitter.com/TonnerOne/status/1461720232947372034
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Now that TONR has achieved “pink current” status the Company is issuing press releases and plans to release many more updates soon according to their twitter. On November 18 TONR released a letter to shareholders from CEO Ejike Arinze who stated:
”As a shareholder of Tonner-One World Holdings, Inc., you are receiving this letter to inform you of a recent decision by your company’s Board of Directors to transform its business model to precisely focus on acquisitions and operation of businesses and assets in the fast-growth Fintec growth industry. We’re presently, actively reviewing merger and acquisition candidates, operating cryptocurrency exchange, Defi or Fintec businesses, to join us in our journey into the rapidly expanding Crypto Fintech industry. This decision – to pursue acquisitions and operation of businesses and assets in the fast-growth Fintec growth industry – will affect the shareholders in your company. Therefore, this letter is being sent to all shareholders to explain this decision, the reasons behind it, and how it will affect you as a shareholder.
Since October 1, 20108, 2016, One World Holdings, Inc. which changed its name to Tonner-One World Holdings, Inc. on April 8, 2016, has been focused on designing and marketing dolls. Shifting the company’s focus from doll design and marketing to operating cryptocurrency exchange, Defi or Fintec businesses would not be an easy task. Over the years, the Company has been a provider of multi-cultural doll products to the specialty, affinity and mass merchandise retail marketplace via a focus of direct and online sales platforms. The company combined a play model with a socially impactful message for young girls and their self-image awareness and development. Abandoning doll-making business model to jump into fast-paced, fast-growth Fintec transformation requires patience, hard-work and dedication to achieve and thrive. It requires a meticulous evaluation process, where we’ll be reviewing candidates that will best promote value for both the Company and Shareholders.
Intermediate tasks ahead
As intermediate tasks goes, we’ll deal with the following along the line:
- Clear out all remaining toxic notes through negotiations or litigations
- Identify and cancel improperly issued shares
- Acquisitions, acquisitions, and more acquisitions
- Engage PCAOB auditors to prepare Co for QB uplisting
- Smoothly integrate acquired businesses
We will provide active updates and announcements as we secure profitable acquisitions. As a fast-paced Fintec growth company, we’re committed to our goals and aggressive with upcoming deadlines. We’re also reaffirming our commitment to NO Reverse Splits and No Dilutions except to finance acquisitions or hire important talent. Welcome on Board to new Tonner-One and thank you for your patience as we lay the foundation for the next few months for a new Tonner-One World Holdings, Inc.”
https://twitter.com/TonnerOne/status/1461415390945312771
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TONR is making an explosive move up the charts in recent trading with an eye on recent $0.0175 highs. The stock is quickly gaining traction among small cap investors and starting to attract some big players. Currently under heavy accumulation TONR is looking to break out of its current trading range and take out recent highs of $0.0175 for confirmation of the next leg up. Now that TONR has achieved “pink current” status the Company is issuing press releases and plans to release many more updates soon according to their twitter. On November 18 TONR released a letter to shareholders from CEO Ejike Arinze who stated the Company is actively reviewing merger and acquisition candidates, operating cryptocurrency exchange, Defi or Fintec businesses. Management has doubled down on their promises of NO Reverse Splits and No Dilutions except to finance acquisitions or hire important talent and are currently focused on clearing out all remaining toxic notes through negotiations or litigations, identifying and canceling improperly issued shares and engaging PCAOB auditors to prepare Co for QB uplisting. We will be updating on TONR when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with TONR.
Disclosure: we hold no position in TONR either long or short and we have not been compensated for this article