As you are likely aware, Paragon is one of only two companies so far that the U.S. Securities and Exchange Commission (SEC) has given the opportunity to pursue registration of its tokens as a class of securities under Section 12(g) of the Securities Exchange Act of 1934. Paragon is seeking such registration by filing a Form 10, a complex process that requires the submission of a substantial amount of information, including audited financial statements. Such a filing requires the collaboration and hard work of many parties, including accountants and auditors, and, as you can probably understand, cryptocurrency ventures pose some unique challenges.
Today, Paragon is letting you know that it has received a 30-day extension for its Form 10 filing from the SEC. Paragon's new Form 10 filing deadline will be March 15, 2019.
Paragon has been working diligently to submit its Form 10, and is excited to move forward with this process. Paragon is also making significant progress with its technology and will be releasing the Opportunities App, a highly sought after tool for the cannabis industry, as early as next week. Additionally, Paragon will soon be releasing an updated technical roadmap for 2019.
Thank you, Paragonians, for your continued support.
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