The NFT Marketplace Ltd (OTCMKTS: BABL) Big Move on the NFT Marketplace Reverse More as Co Goes Pink Current
NFT Marketplace Ltd (OTCMKTS: BABL ) moved up the chart on Wednesday after the company became “pink current”, meaning the stock can now be bought from most brokers and the company can now issue press releases and update shareholders on its progress. According to the NFT Marketplace website, the company is currently in a seed round of funding with a target raise of £2,000,000. Target Raise Date September 2022 Target Public Listing Date Q3 2022, Target Beta Launch Date October 2022, and Target Market Cap Date on the list $100 million. This was also stated by NFT Marketplace Andrew Prichard in this video.
Reverse merger SPACs can be more explosive than biotechs when the incoming company has real value but is undiscovered by investors and many RM stocks we’ve covered on this website have gone from pennies to dollars. Two recent RM runners that stand out are TSNP/HMBL which went from sub-pennies (where we first wrote about it) to several dollars per share. The other is HRBR which went from a few cents (where we first wrote about it) to $3 plus. BABL is the perfect reverse fusion candidate; a clean shell with only $21ki total commitment and no notes.
The NFT Marketplace Ltd (OTCMKTS: BABL) was incorporated as “Physicians Remote Solutions, Inc.” The company name was changed in July 2008 to “HIPSO Multimedia, Inc.”, and again on February 24, 2012, to “Buildablock Corp.” On June 21, 2021, the company changed its name to EdgeMode Corporation.
NFT Marketplace Ltd, a registered UK company accessing the capital markets via a reverse merger with BABL, offers a peer-to-peer marketplace for crypto collectibles and non-fungible tokens. This includes collectibles, game items, and other virtual goods traded on the Binance Smart Chain (BSC) and Ethereum Blockchain. The roadmap is to create the world’s first listed marketplace for buying, selling, trading and storing NFTs.
The company’s advanced blockchain payment mechanism will allow purchases to be made via regular cryptocurrency, fiat payments and our own DAO Governance Token. The NFT Marketplace is building today’s eBay and Paypal for Non-Fungible Tokens (NFTs) using Blockchain protocols with market penetration but social leverage. An NFT is unique and cannot be replicated, replaced or split into parts. For example, if you lend someone £10, it doesn’t matter if you get the same bill back. You only need £10! But when it comes to collectible coins, each of which is unique and has its own value, the situation changes dramatically. An NFT is this unique coin, one of a kind.
$BABL the perfect storm here into the 03’s most brokers allow buy now its current straight from the horse’s mouth 100M mkt cap would be 0.60 you can see organized buys here listen to this these guys know what they are doing
— i_like_bb_stock (@thommic) 12 October 2022
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NFT Marketplace services will include Coining: Create, store and send your own NFT, Marketplace: Buy 1000’s of unique NFTs from our Marketplace, and Sell: Sell your NFT to the NFT Marketplace community and anyone/ anywhere in the world.
Currently a seed round of funding is underway with a target raise of £2,000,000 being distributed to i. public listing of NFTM shares £500,000 ii. Beta stage platform development £750,000 iii. Marketing to align with significant hospitality brands £250,000 iv. NFTM token launch £250,000 v. PR marketing mailing list £250,000. According to the company’s website: Target date of raising September 2022 Target date of public listing Q3 2022, target date of Beta launch October 2022, and target market capitalization of listing $100 million.
$BABL goes from expert .004 and hits .06 a few days later on pink current. WOW! Good to see. Congratulations to the people on this. It gives hope to many other experts. Brokers did a great job of shaking the tree on the new rule…those who stuck through the BS could be rewarded immensely! pic.twitter.com/zb1uiE6zni
— ⚡️WZ⚡️ (@WZ_420) 12 October 2022
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Currently trading at a market cap of $2.2 million BABL OS is 165,608,379 shares with 61,840,000 shares in the public float. As we have said, BABL is the perfect reverse merger candidate; a clean shell with only $21ki total commitment and no notes. Reverse merger SPACs can be more explosive than biotechs when the incoming company has real value but is undiscovered by investors, the incoming Company; NFT Marketplace Ltd, a UK registered company accessing the capital markets via a reverse merger with BABL, offers a peer-to-peer marketplace for crypto collectibles and non-fungible tokens. According to their website, the company is currently in a seed round of funding with a target raise of £2,000,000. Target Raise Date September 2022 Target Public Listing Date Q3 2022, Target Beta Launch Date October 2022, and Target List Market Cap $100 millions. BABL has made some moves in the past sky high from the current level in the summer of 2021. We’ll be updating on BABL as more details emerge, so make sure you subscribe to Microcapdaily.
Disclosure: we have no position in BABL, long or short, and we have not been compensated for this article.