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Compliant former AllSportsMarket (ASM) trading account holders will be offered two (2) options for the final legal settlement of open balances:
- Exchange of common stock in Crystal World Holdings, Inc. (Washington, D.C.) for trader cash and sports derivative contract open balances. This excludes ASMA1 which was previously conveyed. My personal CWH common stock will be used and exchanged at a rate of $2.00 per share. This assumes the scheduled 40 to 1 split and a minimum listing price of $2.00 per common share. Sports derivatives will be valued at last tick at market shutdown. These common shares will be drawn from my personal holdings and a legal document will be executed to convey the transfer. A full release of liability and agreement to full settlement will be required by each ASM trader accepting the offer.
- A debt instrument will be executed describing the total sum of cash and sports derivatives (at last market tick) payable on the books of Crystal World Holdings, Inc. owing the total original balance plus interest at a rate of 6% per annum from market suspension until fully paid. A full release of liability and agreement to full settlement will be required by each trader accepting the offer.
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