abc Co Ltd

8783

Company Information

abc Co., Ltd. engages in space production business in Japan. It operates restaurants, accommodation facilities, store spaces, and nightclubs. The company also offers financial, metaverse, BPO, cybersecurity, SDGs, games and e-sports, and crypto trillion services; financial advisory, investment and loan, and real estate investment services. In addition, it provides security consulting for large enterprises and small to medium-sized businesses; plans, develops, and operates online entertainment services; hosts e-sports tournaments; and manages online lane games.

They've been expanding their cyber security business lately.

Stock Perks

Categories: Alternative Currency, Gift Certificates, Restaurants

Rights day

End of August

Details

Points which can be used at the following restaurants:

Yakiniku Masshigura (Tokyo, Yakiniku)
Masukame (Shinbashi, Izakaya)
PARLORS (Bakuroyokoyama, cafe, donuts)
BOOK AND BED TOKYO (Shinjuku/Osaka, cafe, accommodation)
The Mint (Ginza Rooftop Bar)
Coppendotto (Yokohama, bread)

In addition, you can receive the 'MemeCoin' cryptocurrency at high share levels.

Requirements

You get a certain number of points based on the exact number of shares held, with the conversion as follows:

100 shares - 100 points per share

101-500 shares - 80 points per share

501-1,000 shares - 50 points per share

1,001-1,500 shares - 30 points per share

Over 1,501 shares - 10 points per share

Holding the stock for a long time will increase the value of your points as follows:

More than 1 year … 1.5 times
2 years or more … 1.6 times
3 years or more … 1.7 times
4 years or more … 1.8 times
More than 5 years … 1.9 times
More than 6 years…2 times

For the MemeCoin, you will receive it if you receive at least 10,000 shares. You will get more coins if you hold more shares, up to 10 possible coins, but the rate is not decided yet.

Comment

It's a shame that the scaling gets worse as you hold more shares, but if you were to hold 100 shares for 6 years you'd get a pretty incredible yield with the current share price. I know nothing about MemeCoin and with a name like that I question the potential value it will bring, but maybe I'm missing something. I'm not sure I would invest so much into a stock that has gone down 99% since the IPO to find out!