Shanrong Biotechnology Corp (SRBT)

[DeanSEPa]

Last fall, I received some SRBT shares in certificated form. I have been unable to find a broker that will handle and transfer the shares into an electronic account. Any suggestions / advice?

[pennypauly]

31,400

[DeanSEPa]

Shell isn't "clean". There are two judgments against it in the Bucks County Court of Common Pleas, Pennsylvania. Case No. 2008-03645 and Case No. 2014-06205.

[DeanSEPa]

Curious, what do you consider "a ton"?

[pennypauly]

CLEAN SHELL MC ONLY 400k

[pennypauly]

Market cap is insanely low, I own a ton here, just thinking I need mor

[pennypauly]

Share Structure
Market Cap Market Cap
387,301
03/08/2024
Authorized Shares
1,800,000,000
03/07/2024
Outstanding Shares
484,853
03/07/2024
Restricted
52,813
03/07/2024
Unrestricted
432,040
03/07/2024
Held at DTC
171,573
03/07/2024
Float
198,773
03/11/2023
Par Value
0.001

[Tiger Money]

Sone share movement…..

[pennypauly]

Picked up more at .26

[Tiger Money]

Juicy

[pennypauly]

Yes it is! FLOAT 198k OS 484K

MC ONLY 193k

[Tiger Money]

Float here is MINUSCULE

[abrooklyn]

error

[Tiger Money]

I think they have until 3/31/22 for a merger to happen or the stock goes to the expert market

[pennypauly]

Just waiting for this micro SS shell to find an owner, I think you need to own some DBMM!! .024

[Tiger Money]

What is going on here these days pauly? Thanks

[pennypauly]

Took those .75’s out

[pennypauly]

Hey brother, was that you that picked more up

[pennypauly]

Share Structure

Market Cap Market Cap
533,338
08/23/2022
Authorized Shares
1,800,000,000
08/22/2022
Outstanding Shares
484,853
08/22/2022
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
Not Available
Float
198,773
02/14/2022

[pennypauly]

$550k market cap for this clean micro is/float shell is absurd!!!

We will see this at 4.00 to 8.00 when he files

[Tiger Money]

Bid no lid? :)

[pennypauly]

Bid 1.20

[Tiger Money]

Anyone know any updates here by any chance? Thanks

[daman45]

The share structure here is amazing. That is a positive, for sure. The negative.....I don't think I have ever seen Alpharidge Capital close on any significant mergers.

[pennypauly]

1.49 up, who is buying?

[Tiger Money]

Yes it is!

[pennypauly]

Your welcome brother, this is the shell of all shells

[pennypauly]

The market cap will get above 2 mil here soon, it belongs there
4.00 a share is coming

[Tiger Money]

Thank u for showing this! I love buying at the same price as the custodian did (basically)

[pennypauly]

I bid a buck on Tuesday with no luck, it’s nice to see someone else there

[pennypauly]

Market Cap Market Cap $712,734 06/02/2022
Authorized Shares
1,800,000,000
06/02/2022
Outstanding Shares
484,853
06/02/2022
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
Not Available
Float
198,773
02/14/2022

[Guardian]

Agree let’s get 40

[pennypauly]

WE HAVE A CLEAN SHELL WITH AN OS UNDER 500K AND FLOAT UNDER 200K!!!!!!! NOW REPEAT OVER AND OVER

THIS IS A VERY RARE SITUATION!!!!!!!!!!!!!!!

[pennypauly]

OS 484,853 Float 198,773

Market cap at $1.47 is $712,733!!!!


https://www.otcmarkets.com/stock/SRBT/security

[pennypauly]

OTC UPDATED Market Cap Market Cap
4,387,734
06/01/2022
Authorized Shares
1,800,000,000
06/02/2022
Outstanding Shares
484,853
06/02/2022 HUGE!!!! OTC will update the true MARKET CAP tomorrow or Monday
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
Not Available
Float
198,773
02/14/2022

https://www.otcmarkets.com/stock/SRBT/security

[Tiger Money]

Makes sense to me!

[pennypauly]

We do not know yet, this is a micro share structure clean shell. It probably will sell for $600k to $750k

Looking forward to seeing the OTC update the share structure and who we will become.

Once the OTC is updated this amazing shell will have a tiny market cap of $722k, most shells Achieve a market cap from 3 to 5 mil before they merge. Once merger is announced they usually get around 10 mil MC. Then move higher once the merging company is announced.

here is the math
2 mil MC= $4.12 PPS
4 mil MC= $8.24
10 mil MC= $20.61

Buy and hold that’s what I am doing!!!

[Guardian]

Who’s going to merge with this ticker?

[pennypauly]

The new OS will be 484,853 once the OTC is up updated, it’s not
2,984,853, they got court approval to reduce it by 2.5 mil

2.5 mil minus the old OS 2,984,853 equals 484,853 is the new OUTSTANDING SHARES

FLOAT 198k

Court approval below

A-21-838116-C
05/17/2022 Motion

View Document Minutes - Motion

Judicial Officer
Jones, David M

Hearing Time
9:00 AM

Result
Motion Granted

Comment
Renewed Motion to Approve Cancellation of 2,500,000 Shares of Common Stock

Parties Present
Plaintiff

Attorney: Bauman, Frederick C

[Tiger Money]

Understood, thanks

[pennypauly]

I think this was required by the new merging company rolling in. Get the OS under 500k and we will buy the shell and merge into SRBT.

[Tiger Money]

Why do u think they wanted such a tiny share count?

[pennypauly]

7,500 bid 1.15

[pennypauly]

Nice job! Great to see you here

[thelimeyone]

SRBT

Thanks for the heads up, took an opening position
yesterday.

tlo.

[pennypauly]

the new OS will be 484,853 once the OTC is up updated, it’s not
2,984,853, they got court approval to reduce it by 2.5 mil

2.5 mil minus the old OS 2,984,853 equals 484,853 is the new OUTSTANDING SHARES

Court approval below

A-21-838116-C
05/17/2022 Motion

View Document Minutes - Motion

Judicial Officer
Jones, David M

Hearing Time
9:00 AM

Result
Motion Granted

Comment
Renewed Motion to Approve Cancellation of 2,500,000 Shares of Common Stock

Parties Present
Plaintiff

Attorney: Bauman, Frederick C

[pennypauly]

We were sitting around 2 to 6 mil market prior to the share reduction. Once the OTC is updated and reflects the reduction will get into the 4.00 to 6.00 range imo

[pennypauly]

At $4.00 a share it will have a market cap of $1,940.00

OS 484,853 times $4.00 a share is $1,939,412

[Tiger Money]

What share price is ONLY $2 million market cap? Thanks

[Tiger Money]

Very nice!