Ascend Horizon wishes to inform our stakeholders and customers about necessary adjustments to our product launch timeline, including our new drink "Molly". This also impacts the launch of our 2 gum products on XRP and Solana network. We need to modify our schedule due to developments in our warehouse infrastructure.
The specialized machinery ordered for our production facility will experience a 5-day delivery delay. Our operations team is actively managing this situation to minimize impact on our production capabilities and overall launch preparations.
Additionally, Ascend Horizon has made the strategic decision to establish a new company entity in Dubai, which will also serve as the location for our warehouse operations. This business initiative will optimize our import and export processes, creating greater efficiency for our global distribution network. The company establishment process in Dubai is projected to take approximately 7-14 days.
As a result of these developments, we anticipate a total timeline extension of 20-25 days before resuming our planned product launch activities. We remain committed to our quality standards and believe these adjustments will strengthen our operational foundation. For a comprehensive view of our updated timeline with detailed milestones, please visit https://products.ascend-horizon.com/.
Moving forward, all updates regarding Ascend Horizon and our product portfolio will be communicated through our official website. We appreciate your understanding and continued support as we work toward bringing innovative products to market.
