was more difficult and varied than the previous year which effected higher cost. Therefore, the proportion of cost decreasing is less than the proportion of revenue decreasing. 6. Cost of goods sold
for equity crowdfunding. Furthermore, in the case of ICOs, imposing the aggregate limit would not be an effective investor protection mechanism. This is because it would be very difficult to enforce and
new clients in the COVID- 19 situation is quite difficult. The managements and team brainstorm for strategy how to propose work that is suitable for the COVID-19 situation as the alternatives to the
from poor timing and end up buying and selling at the wrong times. /Timing the market is too difficult. “It is a losing strategy” gChasing (short term) past performance has been a basic investment
that are difficult to detect. For example, (1) fraudulent transactions through a subsidiary located overseas that has obscure business objectives and is hard to inspect, (2) trading transactions and
, ecological, social or cultural values which are considered outstandingly significant or critically important, at the national, regional or global level, as defined by the High Conservation Values (HCV
help expand the customer base and create ecological system. FSMART will have a complete database to contribute more valuable things in the future.
ignorance. Be-Wallet will penetrate the new market segment of the cashless market and use technology to facilitate spending and payment. This will help expand the customer base and create ecological system
. This will help expand the customer base and create ecological system. FSMART will have a complete database to contribute more valuable things in the future.
. This will help expand the customer base and create ecological system. FSMART will have a complete database to contribute more valuable things in the future.