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Moxian (BVI) Inc (MOXC) stock has skyrocketed in premarket – What’s making it climb higher?

Moxian (BVI) Inc (MOXC) has seen an increase of 18.53% in premarket. However, the last trading session closed at $4.21 with a decrease of 7.88%.

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Special Meeting of Shareholders – More Details

MOXC announced on 17th December 2021 that they will hold a special meeting of shareholders at Room 911, Tower 2, Silvercord, 30 Canton Road, Kowloon, Hong Kong Special Administrative Region, China. The meeting will take place on 28th December 2021 at 11 a.m.

Appointment of new CEO – Who’s this?

On 20th September 2021, MOXC announced that Mr. Conglin has been appointed as the new CEO of the company. Mr. Forrest Deng, who is also a director of the Company, will be in charge of discovering and managing new business possibilities as the company strives to achieve long-term profitability. Since 2016, Mr. Deng, who is 38 years old, has been the General Manager of Beijing Jiuteng Investment Limited, where he was in charge of the company’s blockchain and bitcoin mining investments. Moreover, he was a co-founder of online gaming and game publishing firm prior to this involvement. Last but not the least, Mr. Deng earned his bachelor’s degree in English from Beijing Foreign Studies University in 2007.

Termination of Proposed Merger – Newest Details

MOXC announced on 3rd March 2021 that they have decided to terminate the mutual agreement with Btab Group Inc. with mutual consent. Mr. James Tan Meng Dong and Dr. David Cheang Sien Chan have announced their resignations from the Board of Directors. Moreover, Mr. Lionel Choong Khuat Leok, Mr. William Yap Guan Hong, and Ms. Wendy Wang Yingjie will assist the company’s CEO Mr. Hao Qinghu.

Letter of Intent with Beijing E-sports Company

On 6th November 2019, MOXC announced that they have signed a letter of intent with a Beijing e-sports company. Bi Er is a limited business that was founded in June 2013 under the laws of the People’s Republic of China and works in the mobile gaming, e-sports, animation, and comics industries. It has successfully hosted several e-sports events in many Chinese cities with significant local government backing and is widely recognized as a key player in the country’s e-sports business. The company is delighted with Bi Er’s cooperation and assistance in different advertising campaigns that have benefited both of the businesses. If and when this transaction is finalized, the company thinks it will push the operations to a greater degree of integration.

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