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Fernhill Corp (OTC Markets:FERN), a Software and Technology Services firm, currently delivering cloud-based enterprise platforms for Web3, Digital Assets and Data Aggregation, is pleased to announce the creation of a new subsidiary called MediaBloq, for the express purpose of launching a Global Media and Marketing Division.
The plan going forward for Fernhill is to create various subsidiaries/divisions in order to facilitate synergistic acquisitions that support our targeted growth strategy. Creating a new media and marketing division is an important component of Fernhill’s growth potential, as each of our operating divisions require marketing and content based audience engagement in order to grow. Furthermore, to accommodate a targeted acquisition - the plan is for MediaBloq to become a stand alone profit center for Fernhill Corp, while also supporting our business divisions including DIGX (tokenization and digital asset marketplace), PerfectMine (digital asset mining and remote server optimization), and MainBloq (digital asset trading and data aggregation).
“Strategically, we like to create subsidiaries as a place to house our acquisitions.“ said Fernhill President, Marc Lasky, “This allows the founders and current management of any acquisitions to stay on board with the company and run it in a semi-autonomous fashion. Not only have we found this to be a very efficient way to manage newly acquired companies, but it also is a great strategy to allow time for the company to grow and mature, which can eventually lead to it being spun out as its own publicly traded company.
“Although it may seem like things have been rather quiet at times,” said Fernhill Chairman Chris Kern, “we are still diligently working to find strategic acquisitions and create alternative avenues that support our long term growth, while driving strong returns on investment and significantly improving shareholder’s equity. Media and Marketing is something that Fernhill’s management has quite a bit of experience with, so this is a natural next step for a host of reasons.”
About Fernhill:
Fernhill Corp is a Software and Technology Services firm, currently delivering cloud-based enterprise platforms for Web3, Digital Assets and Data Aggregation services globally. Fernhill is a Signatory Member of the Crypto Climate Accord (CCA), a Principal Member of the Metaverse Standards Forum, and Corporate VIP Member of the International Security Token Association.
For all official Fernhill corporate information, please refer to our filings, news and updates on the following resources:
About MainBloq:
MainBloq, a division of Fernhill Corporation ($FERN), is a digital asset connectivity platform that is integrated with leading digital asset trading venues exchanges to serve the needs of institutional clients around the world. MainBloq offers a modular platform including a smart order router, suite of execution algorithms, WebSockets gateway, and consulting services to help banks,hedge funds and financial institutions optimize their trading operations.
For more information please visit the MainBloq Website www.mainbloq.io
MainBloq Facebook
Company Contact Information: info@fernhillcorp.com
Any other links are not official & should be taken as such nor have anything to do with Fernhill Corp or its subsidiaries.
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Forward-Looking Statements
This release includes ‘forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute ‘forward-looking statements.' Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words ‘estimate', ‘project', ‘intend', ‘forecast', ‘anticipate', ‘plan', ‘planning', ‘expect', ‘believe', ‘will likely', ‘should', ‘could', ‘would', ‘may' or words or expressions of similar meaning. Such statements are not guaranteeing of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced vendors, services or components, and various other factors beyond the Company's control.