Mega, a controversial encrypted online storage provider announced on Tuesdat that he has plans to list on the New Zealand stock market. The documetns filed with the NZX stock market exchange value Mega at around $180 million.

Mega is an online storage provider that offers encrypted file storage and browser-based encrypted communications. Mega is a hybrid Dropbox/Skype.

Stephen Hall, Mega’s CEO that the hoped trading will begin in early June and would achieve the listing through percent takeover. The listed company, TRS investment will buy Mega and become that 99 percent owned by Mega Shareholders. TRS shares were up by 900 percent.

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