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No, the SEC just put a stake through it.
AAGH SEC Suspension:
http://www.sec.gov/litigation/suspensions/2014/34-72263.pdf
Order:
http://www.sec.gov/litigation/suspensions/2014/34-72263-o.pdf
Admin Proceeding:
http://www.sec.gov/litigation/admin/2014/34-72264.pdf
Don't know, but it traded today
04518D108
AAGHE TO: AAGH
ASIA GLOBAL HOLDINGS CORP. COMMON STOCK
02/06/2012
http://www.dtcc.com/downloads/legal/imp_notices/2012/nscc/otc/OTC-024.pdf
AAGH~~On June 30, 2011, the board of directors of the Company approved a 1-for-1000 reverse stock split, or the Reverse Split, of all issued and outstanding shares of the Company's Common Stock in connection with its plans to attract additional financing and potential business opportunities. Upon the effectuation of the Reverse Split, our issued and outstanding shares will decrease from 292,138,409 to approximately 292,138. As of the date of this filing, the Reverse Split has not yet been effectuated.
Once the Reverse Split is effectuated, the Company will establish a new Series B Preferred Stock with 250,000 authorized shares. The Series B shares will have the same rights and preferences as Series A Preferred Stock and will be convertible to common stock by the holder at any time at a ratio of 1:200. The Company intends to issue to the director, Mr. Dong, 250,000 shares of Series B Preferred Stock in consideration for the assumption of certain debts and liabilities of the Company in the aggregate amount of $152,698.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8097829
m1999
AAGH~~STOCKHOLDERS’ EQUITY
On June 30, 2011, Mr. Gang Dong acquired 100,000,000 shares of the Company’s common stock from Mr. Lim Kwong Liang for an aggregate cash consideration of $100,000. Concurrently, Mr. Gang Dong also purchased all of the issued and outstanding securities of Sina Dragon Holding Limited from Mr. Lin Yu Feng for aggregate cash consideration of $150,000. Sina Dragon owned 33,500,000 shares of the Company’s common stock and 250,000 shares of the Company’s Series A Preferred Stock, which were subsequently converted into 50,000,000 shares of the Company’s common stock. As a result of these transactions, Mr. Dong beneficially owns 183,500,000 shares of the Company’s common stock, or approximately 62.8% of the issued and outstanding securities. On June 30, 2011, Mr. Dong was appointed to serve as a director, Chief Executive Officer, President, Chief Financial Officer, Secretary and Treasurer, and Mr. Lim Kwong Liang resigned from his position on the board of directors.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8097829
m1999
AAGH~~~Common stock, $0.001 par value; 300,000,000 shares authorized; 292,138,400 and 242,138,400 shares issued and outstanding, as of June 30, 2011 and September 30, 2010
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8097829
m1999
AAGH~~As of August 12, 2011, the issuer had outstanding 292,138,400 shares of common stock.
m1999
But until then, this baby will be dead.
It looks to me like AAGH is doing a restructuring and r/s for a possible R/M. Or they are going to start a promo and raise funds.
as yet no R / S, when it should come exactly?
It would be nice if the CEO decides to pr a cancellation of any immediate r/s. Just in especulation of a reverse merger with any of his highly succesful other companies, this would immediately boost investors confidence and AAGH will take off like rocket.
I guess it didn't happen today, was it canceled?
Will these shares be split tomorrow?
I have AAGH on my radar now. I'll buy some now, atleast get in with a tiny amount, then I get in after the RS if things look good. GLTA.
Sounds like a great way to lose ALOT OF $$$$$ to me IMO
my thought on buying would be sometime after an r/s, and early on a pr and or filings......:)
With a 1 for 1000 split your equity stake could end up being so close to nothing it is not even funny if you bought pre reverse.
Think a little bit about what kind of share price you need to profit if you bought at .01 and go through a 1 for 1000 split. Do you think that is likely? I say there next to no chance of it.
You are sorely wrong if you think buying shells always works out. Buying a shell with a few million out at a good price before a small split is a good idea. Buying a shell before a massive split at a high price is like throwing your money away.
good point, things can get interesting here after 8/4/2011.....:)
On the contrary.. there is a date
The amendment to the Company’s Articles of Incorporation will not be effective until the Company files its Amendment with the Nevada Secretary of State, to officially accomplish the reverse stock split and the Amendment reflecting the stock split. The reverse stock split will not take effect, nor will the Amendment be filed, until on or immediately after August 4, 2011.
oh I read R/S will come. good luck all.
any kind of news?
Who exactly bought this R/S POS at the top? Did people know this is to get a 1:1000 R/S?
"Mr. Dang Gong, who is the owner of a majority of the AAGH outstanding common stock. Mr. Dong..."
actually it is:
/s/ Mr. Gang Dong
Chief Executive Officer
Chief Financial Officer, and
Sole Director
===========
But should be: Dang GONE!
Just a guess but a pending 1:1000 reverse split sounds like a pretty good reason to stay away, LOL. Especially since there is no date given and it could trap people into it who have no chance of getting out.
Shells get reversed to be recapitalized all the time. 1 for 1000 is a bit cruel but it is his shell. The split was a when and how much not an if so nobody can really complain. It is the risk you take when buying shells.
Yeah well, I somehow doubt that a name like that was much of an enticement in the first place.
Ah, MYNC, what brings you to RS land? lol
I don't think that tarnishing the company name by doing a RS is the best way to go about it. Remember, Mr. Dong's name is out there now so many people will probably stay away from this stock in the future. I could be wrong. IMO.
P.S. And I know this stock will ultimately change their name, ticker symbol and cusip #....blah, blah, blah.....But as long as Mr. Dong's name is attached, this stock will be included in the "Untouchables."
LMFAO
Why would they do a R/S when the AS is only 300 mil? Makes no sense. Someone have an idea? TIA.
It is a shell. They are wiping out the common holders. They will then sell the shell or use it for another business. Basically buying stock at this point is akin to shooting yourself in the foot.
They bought into the MOMO and now some are bagholders. glta
lol I dont think people bought today to go LONG, I think they bought the MOMO!
L2 was thin so people bought!
Thats what I saw...
AAGH has only one director, Mr. Dang Gong, who is the owner of a majority of the AAGH outstanding common stock. Mr. Dong has extensive business experience covering many years, but he has no experience in the “shell company merger and acquisition” sector. Although he will take into consideration all the advice provided by third-party consultants, he will make the ultimate decision as to proceed with merging AAGH with an operating company.
Ppl use your Common Cents AAGH is doing a R/S you will lose most of your hard earned money.
Personally, I wouldn't stick around to find out, but that's just me. Yes, I've seen splits cancelled, but it doesn't happen often. Especially when the company has gone to the trouble and expense to file a 14c.
Shorts don't cover before reverse splits. That's just a myth.
I understand, but have you ever seen one cancelled
me too...so its not written in stone until its done
and I have seen some stocks do well after one
I just got in here, and need to find more info out
so only time will tell...
Thanks for your imput
Steve aka (SJJNAMARTIN)
The r/s looks definite. And it will not be good for shareholders.
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