Monday 9th March 2020
Dear All,
You will be aware that the markets are currently experiencing difficulties caused by uncertainty over the effect of the spread of Covid-19.
We at the Proof of Trust are committed to our pledge to list on the London Stock Exchange. However, we are also committed to ensuring proper value for investors.
Accordingly, while the board continues to pursue all avenues both in terms of preparation and readiness for a listing, we also are aware of the realities of timing and market sensitivities.
We shall continue to monitor this fast-moving situation as the company continues to enjoy huge interest from sources across the world.
The board are confident that any technology which resolves disputes without face to face interaction will prove increasingly attractive to governments and businesses alike. It believes that not only will the investor community recognise the strength of the Proof of Trust offering in changing how disputes are resolved but also the dominant position the company will be in when the markets inevitably recover.
We shall update you as world events develop and a clearer picture emerges.
Dean Armstrong CEO