1. The auction starts 1st February 2022 at 10:00 am GMT and ends on Monday 14th February 2022 at 10:00 am GMT.
2. Bid values are denoted in USD.
3. Once the auction ends we will contact the highest bidder within 5 days who will be asked to pay for an administrative fee and Valuation Report in the Winning Bidder’s Name of USD 1,300 per year plus the bidding amount at a website;
https://www.fortiuscapitalfoundation.com/promoter and the Foundation will coordinate with our technology partner, Capital Trust Group Limited to prepare a branded sign up form with a ready-made online payment gateway to launch its own online global financial Trading Challenge.
4. Failure to pay USD 1,300 Administrative Fees per year within 5 working days of the closing auction date will mean your bid will be invalid and we will contact the next highest bidder.
5. The third-party valuation report for each Trading Challenge license that potentially has a value ranging from USD 15,000,000 to USD 20,000,000 could be found as follows:
https://www.fortiuscapitalfoundation.com/valuation-report.
6. Each Auction Agent has the right to refuse any bid.