RE: Establish an Exchange Fund to Pursue an SPS listing on Binance (NO AMENDMENTS OR DELAYS)

The SEC went after major exchanges shortly after the first proposal passed which caused many tokens to be delisted and scrutinized as possible securities. SPS spent those months dropping 80% from 8 cents to 1.3 cents. So the amount of SPS earmarked for a listing no longer represented enough value to get the job done. Besides that, if there were any negotiations they would have been done under an NDA.