- Action points include becoming a fully SEC reporting company and uplisting to OTCQB
- Company boasts low stock volatility demonstrated by steady pricing maintained throughout 2019
- No Borders looks set for a successful 2020, as worldwide spending on blockchain solutions is expected to continue growing and reach $11.7 billion by 2022
No Borders Inc. (OTC: NBDR) came to the fore during the 2018 blockchain boom, and has since grown and developed by relying on an anti-fragile approach of deploy, test, adjust and repeat, by which it intends to stand throughout 2020, according to a Random Analyst assessment of the company’s road map for next year (http://ibn.fm/WspTg).
The report quotes Cbinsights data showing that 70% of upstart tech companies fail around 20 months after raising financing with around $1.3 million in total funding closed. No Borders, a multi-faceted technology innovator and products company focused on infiltrating and disrupting verticals that are behind the curve of technological adoption, is now hitting the 20-month mark, the analysis shows.
There are four significant action points within the company’s 2020 road map: SEC Reg 1A, hiring auditors to conduct a two-year company review, becoming a fully SEC reporting company, and uplisting OTCQB. Bringing on a new advisory board is a powerful action point, as is focus the company’s focus on intellectual property.
SEC Reg 1, is already in the works. The SEC has approved the documents, so accomplishing the first action point is already finished with state registrations approved in New York and Colorado. The other action points need to be completed one after the other. For example, the company needs to be externally audited to be fully reporting and then to uplist to OTCQB, the Random Analyst assessment indicates.
Unlike most companies, No Borders does not assign dates to the events they plan to accomplish. One advantage of this can come from an increase in a positive stock movement when a significant material event is announced and that event does not transpire or is delayed. Risk exposure is reduced by tying the event points to the conditions required for success. The company boasts low stock volatility, demonstrated by the steady prices it has maintained throughout 2019.
No Borders currently has five subsidiaries who are mainly active in the blockchain and cannabidiol spaces. The company’s patent pending CBD LabChain platform utilizes blockchain technology to better ensure and confirm the quality of CBD products, an increasingly needed solution. The subsidiary records Certificate of Authority (COA) on a blockchain technology platform, making it an indispensible tool that gives CBD users a sense of security and peace of mind while providing the company’s No Borders Naturals CBD line (http://ibn.fm/zuYFm) a powerful Unique Selling Proposition in the market today.
Another subsidiary, No Borders Labs, designed CBD LabChain to record THC, CBD and other lab test data and make results directly and easily accessible to consumers via QR code linkage. The “Guaranteed with Blockchain” icon that is generated can be integrated directly into individual product labels. No Borders’ other subsidiaries include MedDent Supplies and No Borders Naturals, which had the best in class line of CBD products that were shared with more than 30,000 Americans and medical professionals in 2019.
Worldwide spending on blockchain solutions is expected to grow from $1.5 billion in 2018 to an estimated $11.7 billion by 2022 (http://ibn.fm/xLJXx). This is hardly surprising as companies that sell and/or manufacture products need secure and reliable supply chains to thrive. Supply chain security ensures products and their elements or ingredients aren’t pirated or tampered with. No Borders Labs is customizing blockchain technology for network infrastructure and supply chains everywhere. It is the only publicly traded, internal deployment focused, blockchain deployment company nationwide.
Ultimately, No Borders is setting the conditions for a successful 2020, having a solid plan in place and the team to execute it, the Random Analyst assessment concludes.
For more information, visit the company’s website at www.NBDR.co
NOTE TO INVESTORS: The latest news and updates relating to NBDR are available in the company’s newsroom at http://ibn.fm/NBDR
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