These are compiled frequently asked questions regarding the release of NEWS Asset 2.0 (NEWS002).
Q: What is NEWS Asset 2.0?
A: NEWS002 is the second phase release of NEWS Asset. This is released after re-assessment of inventory and valuation of NEWS Asset.
Q: Where can we see the re-assessed inventory and valuation of NEWS Asset?
A: It can be found with this link: https://news-asset.com/the-n-e-w-s-asset-inventory-and-valuation/
Q: What is the objective of this release?
A: NEWS Asset Team is expanding its operation focusing on ALT Coin (ZEC/ETH) mining and ALT Coin trading. Also, this release is made to entice the increase of NEWS Asset’s market value. The majority of sales from this release will be used to buy/acquire ALT Coin mining rigs (GPU Cards i.e. RX 480) in bulk basis to save on shipping and other logistic expenses.
We have learned from the past experience, especially when giving out bonuses, people buy in bulk and sell the bonuses for short term profits. Thus, making the later investors getting no bonuses or no bonus at all. In line with this situation, sales of the asset is also hindered. Therefore, delaying the setting up of the equipment needed and missing opportunities from suppliers that offer them in lower prices for a certain amount of time.
We are not saying that we are against what has transpired in the past. The team talked about it decided to do it this way this time around. We have to be responsible enough to live with our mishaps and stand our ground.
Two, it is raising up the bar of NEWS Asset and at the same time, giving the earlier investors the added value of having their original shares (which were purchased at 100) now valued at 104 staggered to 130. Of course, they can sell at a much lower value, but for anyone who wishes to purchase directly from the team, they have to buy it at 104 staggered to 130 because that’s the actual value of the asset’s total holdings. And, it’s not going to be at 130 forever. Since we’re reinvesting a significant portion of our earnings, expect NEWS Asset to raise selling prices as we acquire and recompute our holdings.
This FAQ section will be updated as soon as more questions are answered for everyone’s perusal.
–NEWS Asset Team