Tonner-One Shareholder Letter: Tonner-One Steers towards Fast-Growth Fintec, Defi and Cryptocurrency Exchange
Tonner-One World Holdings, Inc. (OTC: TONR) announced a significant shift in its business model, focusing on acquisitions in the rapidly growing Fintech industry. The Board of Directors is actively reviewing merger opportunities with cryptocurrency exchanges and DeFi businesses. This transformation from doll design to Fintech operations is expected to require substantial effort. The company commits to no reverse splits or dilution, except for necessary financing. Upcoming tasks include clearing toxic notes and engaging PCAOB auditors for uplisting efforts.
- Transitioning to focus on high-growth Fintech acquisitions.
- Active review of merger candidates in cryptocurrency and DeFi sectors.
- Commitment to no reverse splits or share dilution, preserving shareholder value.
- Abandoning the established doll-making business may alienate existing customers.
- Transitioning to a new business model involves significant risk and uncertainty.
- Substantial effort required to successfully integrate acquired businesses.
KATY, TX, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Tonner-One World Holdings, Inc “the Company” (OTC: TONR TWTR: @TonnerOne), an aggressive FinTech development company, is pleased to present the CEO Introduction Letter to Shareholders.
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Dear Shareholders,
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.
Background Information
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.
Warmly,
Ejike Arinze
About Tonner-One World Holdings, Inc.
Tonner-One World Holdings, Inc is an actively expanding Fintech company seeking acquisitions with an emphasis on Crypto and Crypto Exchanges with the most potential for future growth.
For more information, please check the latest updates on the company's Twitter account https://twitter.com/TonnerOne. Email: Ritchecalvin@gmail.com
Notice Regarding Forward Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements.
FAQ
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