01/06/2026
Dear Seedin Investors,
Good day and we would like to share an update with you.
Seedin ceased operations entirely in January 2024 and it has no cash inflow from operations since that time. To return the funds of investors, Seedin did not shut down in order to pursue its strategic sale to potential Seedin buyers, to satisfy the requirements for resumption of operations with a view to improving the probability of it being sold and to pursue the criminal cases it filed against those responsible for disrupting Seedin’s operations. Also, Seedin has developed an Investor Distribution Plan (IDP) for a scheduled, systematic and sustainable distribution of payouts to be implemented once Seedin is sold.
Seedin entertained serious buyers in 2024 and 2025 but they backed out for various reasons. Currently, Seedin is in talks again with several potential buyers and brokers and with your continued support, this talks can succeed this year.
Meanwhile, Seedin is intermittently processing small and partial payouts for extremely urgent reasons. This is because doing otherwise will make the small cash balance dwindle to a dangerously low level that can potentially force Seedin to shut down and declare bankruptcy and because it is one of the few remaining Seedin assets that have to be preserved as potential Seedin buyers consider it as a source of value.
At this juncture, may we earnestly appeal to your continued understanding and support for our efforts to sell Seedin, to adequately prepare the requirements for resumption of operations and to preserve its cash balance as the ultimate goal of these initiatives is the return of investor funds in an orderly and sustainable way.
Thank you.