PLATINUM INVESTMENT SE. in Płock, herewith hereby informs that on 21/09/2018 he decided to update the Company's development strategy.
The Management Board informs that by continuing and developing its current scope of operations, the Company intends to take action on new fields.
The Management Board informs that as part of the updated development strategy, the Company intends to conduct business in the area of trading in cryptocurrencies and investment tokens in order to maximize the Company's profits.
The Issuer intends to take action in the field of cryptocurrency trading on Bitfinex, Bitbay, Nova Giełda transaction platforms (using the Waves platform.)
The Issuer points out that in its opinion the cryptocurrency trading activity fits well with the Company's profile and it will be a source of additional income allowing further development of the Company. At the same time, the Management Board notices the market opportunities available to the Issuer as a European Company related to the supranational nature of the cryptocurrency industry.
The Management Board indicates that it has conducted the necessary analyzes of the profitability and risk related to the trading of cryptocurrencies and recognizes that the experience possessed by the Company allows for such asset management that will lead to the Company's profit. The Management Board intends to maintain its operations in the area of cryptocurrencies at a safe level.
The Management assesses the market and the cryptocurrency industry as promising and at an early stage of development, which gives the Company the chance to achieve above-average returns on its investments in this market.
The Management Board also informs that it will continue to develop the Company's current operations.
Source: company website, investor relations, current and periodic reports.