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Maybe we get something material in the late filing. happened to my last two stocks PR_AY and PP_CQ.
.26x.30 come on Chinese Entrepreneur get her going. You know they have 1000 cos that want to go public...
Someone was patiently waiting for shares for a few months. just one little buy triggered a few buys. Bids started looking better too. Had 3 or 4 MMs over .20 at one point. Anything and I mean anything from China and off to races 1.00s imo
If VINO goes 1-3 bucks I think MCAR will do well too. All in the history for most stocks. Plus MCAR will prob be better with Chinese investors buying this up.imo In one trading day this could jump from .27 to 1.00 imo Heck its done it before last year on a few k vol.
MCAR Basic DD & Stock Information
OTC Market: https://www.otcmarkets.com/stock/MCAR/profile
Authorized Shares: 950,000,000 (That is a high number for a company wanting to use shares in a transaction)
outstanding Shares: 45,411,400
Float Guesstimate: 1,589,399
Purchased November 2009
AWLD / Algodon Wines & Luxury Development Group, Inc
http://www.algodongroup.com/index
Shares Purchased: 43,822,001
Purchase Price: 43,822
Purchase Stock PPS: .001
Last 10-Q Filing
Purchased November/December 2016 from AWLD
Large Block Share Holder
China Concentric Capital Group Ltd. (a British Virgin Islands company)
http://www.cnconcentric.com/index.html
Shares Purchased: 43,822,001
Percentage of OS owned at time of filing: 96.5%
Purchased December 2016/ February 2017 From CCG Ltd.
Shares Sold To:Mr. Quanzhong Lin Basic Info
Shares Purchased: 29,521,410
Percentage of OS owned at time of filing: 65%
Purchase price of above mentioned share offering: .0102
Feb 2017 8k Filing
$MCAR
Nothing yet. Its the sucky thing about these RMs. you never know when it happens. but i like the fact that whatever seller they had is prob gone. only one MM at .20s and next MM .80s so with any sort of RM news it will likely jump to .90s 1.00s in a day or so.imo
getting together fins for Super 8k its prob the wait here. usually takes a while to get a lawyer to draft these things up.
anything new here? - got silent it appears with a stalemate on the bid/ask?
ive been out of the loop on this for a bit
$MCAR
Ok forgot this addy was on filings anyways. hopefully something is about to happen.
This isnt the addy of China Concentric Theirs is 800 3rd Ave. 9th FL. NY, NY 10022
CO SOS Addy change.
1120 Avenue of the Americas
4th floor
new york ny 10036
Im sure they got something planned over there soon. prob will be a decent one.imo Esp since such a large chunk is owned by the Chinese. OS 45 mil but its non uncommon to have a Chinese merger have a market cap of 100 to 500 mil for the first year or so. seen it dozens of times and the Chinese with these types rarely sell their shares. Hell Ive seen like 30 or 40 of their RM never sell their shares but just a few k. Which makes for easy upward price movement with little resistance. Could be an easy 4-12 bags from here.
Interesting $MCAR - Wonder what venture they will go after
On February 2, 2017, China Concentric Capital Group Ltd., a British Virgin Islands company (“China Concentric”), the owner of 43,822,001 shares (the “Shares”), representing approximately 96.5%, of the outstanding common stock of Mercari Communications Group, Ltd. (the “Company”), sold to Mr. Quanzhong Lin, an entrepreneur resident in the People’s Republic of China, 29,521,410 of the Shares, representing approximately 65% of the outstanding shares of the Company’s common stock, for a purchase price of $300,000, pursuant to a Stock Purchase Agreement dated December 21, 2016 (the “Purchase Agreement”).
addys and phone number from Filings. 714 if Cali phone so maybe we get a Chinese or California co RM.
120 Avenue of the Americas, 4 th floor
New York, New York 10036
Address of principal executive offices
714-858-1147
Telephone number, including
Area code
135 Fifth Ave., 10th Floor
New York, NY 10010
Bet we get a acquisition soon. The dude is part of a lot of companies. So my opinion something will happen quick. If one takes over a shell and one has many cos under his belt odds are something is going to happen soon.
Mr. Lin has indicated that he is purchasing a controlling interest in the Company with the intention of acquiring an operating business in a reverse acquisition transaction through a share exchange. There can be no assurance that an acquisition of any particular business will be consummated.
Change of Control 8k a little bit of Bio. hope this gets lights out good
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11821794
Would be nice if this co is doing a uplisting for MCAR
I found a broken link but cant get the Cache of it. It mentioned another sentence other than what was listed in PR. So wondering if this co is going to do the acquisition and uplist for them? Just dreaming now
http://www.beijingtimescapital.com/our-business/ipo-equity-advisory/
In light of everything I think we all will be happy from these levels. My guess 1.00 is coming sooner or later. Prob a pop higher than that to a few bucks then settles 1.00 or above.imo
MCAR new CO SOS filing out. Lawyer is on their with Mergers and Acquisitions background
http://www.sos.state.co.us/biz/ViewImage.do?fileId=20171077630&masterFileId=20011171392
McGill, Vincent
mcgill
EVW Closes $100 Million Credit Facility and Loan for Turkish Company
In the representation of his clients Mr. McGill has been involved in all aspects of their businesses including senior personnel matters, the selection of Board Members and the negotiation and documentation of acquisition and licensing agreements involving the business’s core intellectual property. Mr. McGill has been involved in all aspects of structuring transactions and consummating an offering, including bringing the principals to the table.
Contact Information
E-mail: vmcgill@evw.com
Telephone: (212) 561-3604
Fax: (212) 779-9928
Print Friendly Version of this pagePrint Get a PDF version of this webpagePDF
Practice Areas
Employment Agreements & Compensation Law
Securities and Corporate Finance Law
Mergers & Acquisitions
General Business Law
Experience
Mr. McGill has participated in offerings of debt and equity for domestic US and foreign issuers. The offerings for which he has served as counsel have included simultaneous offerings of securities within and outside the United States, as well as public offerings and private placements in which the proceeds of the offering, combined with institutional debt financing, were used to complete a simultaneous acquisition of an operating business, real estate or commodities.
Mr. McGill has represented a number of his clients from their initial private placement through their public offering and successful listing on a US exchange.
Areas Of Expertise
Mr. McGill’s areas of expertise include:
Public Offerings
Private Placements
Leveraged buyouts
SPAC’s; APOs, RTOs and Reverse Mergers
Mergers and Acquisitions
Licensing and Property Acquisitions
Tax sensitive Partnerships and LLC’s including REITs
Compensation Matters
Sample Clients
Mr. McGill has represented:
Investments banks
Issuers in various industries, including biotech, health science, aerospace, real estate, fashion and design, garment manufacturing and licensing, telecommunications and industrial manufacturing
High net worth individuals in connection with international planning and investments
Manufacturers and distributors from China, Australia, India and Europe
Awards & Accolades
Mr. McGill became Managing Partner of Eaton & Van Winkle in 2012, graduated from Colgate University cum laude (A.B., 1977); received his JD from Hofstra University School of Law, where he was a member of the Law Review, and an LL.M in Corporation Law from New York University (1986).
Admissions
New York; 2nd Department (1981)
- See more at: http://www.evw.com/attorney/vincent-j-mcgill/#sthash.Sijlfcmo.dpuf
MCAR all those form 4s done. Looks like things are happening fast. Crossing fingers they got a huge Chinese RM coming. If so this will dance all the way to 1.00s 2.00s plus i think. will see
http://www.otcmarkets.com/stock/MCAR/filings
Ask looks better. Seller left and most MMs went to 1.00. HOpefully they realized the potential here and are waiting for multi bucks. Will see. going to hold this bc always liked the stock and new CEO prob is top notch
Yeah they appear to have a lot. They werent there last time it moved up. There was a little bit that dropped from WABR that time and could be all those shares. Or its the people that owned the 5% of the OS that are selling now for some reason. I have seen old holders dump out like that in the past no matter what was coming in. they just sell and leave. Seen a lot of them make major runs after old insiders move on. hard to tell though. in any case with a chinese merger with a guy with the hook up i think we will see over a buck sooner or later.imo
I just saw the news. I will do some research on him this weekend. I will let you know what I find. I agree with you. I'm a little concerned about the sellers. I really don't see how this could close at .25 after that news. Someone has some has a lot of shares to sell at .25. Why would anyone sell with that news? What do you think?
If anyone can dig up info on new CEO post it to the board. Kinda hard to find info on him. But prob will get more detailed 8k on cos he is or was involved with. Once we see that we can see the potential.
I dont like the look of the sellers on ask. Something not right with it. Its prob old large holders getting out on RM. but still. sort of sucks. this would of been .80s to 1.00 if not for them....
MCAR NEWS!
Mr. Quanzhong Lin will acquire a majority of the common shares of Mercari
CHENGDU, CHINA -- (Marketwired) -- 01/20/17 -- Mercari Communications Group Ltd. (OTC PINK: MCAR) today announced that Mr. Quanzhong Lin, a highly successful entrepreneur in China, will acquire a majority of the common shares of Mercari. Mr. Lin is a very experienced and successful industry leader in fields including Healthcare, E-Commerce, Project Investment, Global Tourism and Hotel Management, and has interests in a number of businesses located in Chengdu City, Sichuan Province, People's Republic of China. Mr. Lin stated that "I am very pleased to have taken an interest in Mercari Communications and look forward to identifying a suitable business in China for Mercari to acquire."
Forward-looking statements
This press release contains forward-looking statements regarding prospects, statements of future expectations, future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time.
Mercari Communications Group Ltd.
Ethan@mercaricommunications.com
https://www.otcmarkets.com/stock/MCAR/news
From 10q
On December 20, 2016, AWLD, and China Concentric Capital Group, Inc. (“Purchaser”) entered into a Stock Purchase Agreement, as amended, by which AWLD will sell all 43,822,001 shares of the Company’s common stock that Algodon owns, in addition to any additional shares AWLD may currently own, to the Purchaser for $260,000 (the “Purchase Price”). AWLD will assign to the Purchaser at the closing contemplated by the Stock Purchase Agreement all its right, title and interest to amounts payable to AWLD for non-interest bearing advances to the Company, which advances, as of August 31, 2016 were in the aggregate amount of $131,487 and as of November 30, 2016 were in the aggregate amount of $148,087, and such any additional advances that may be made to the Company up until the closing date as set forth in the Stock Purchase Agreement.
As a result of the completion of the agreement, the Purchaser will assume control of the Company and will replace the Company’s board of directors. The Company filed a Schedule 14F-1 on December 23, 2016 to report the potential change in directors of the Company which will occur without a shareholder meeting or consent, but rather will occur as a result of the transaction. If the change of control occurs and the new directors and officers take office, the Company will report it on a Form 8-K as required by Items 5.01 and 5.02 thereof.
The Stock Purchase Agreement may be terminated by AWLD if the balance of the Purchase Price is not paid in full on or before January 4, 2017 unless otherwise extended by agreement of all the parties, or if the Purchaser fails to comply with the material terms of the Stock Purchase Agreement. The Purchaser may terminate the Stock Purchase Agreement if AWLD fails to deliver the due diligence documents requested prior to December 29, 2016 unless otherwise extended by agreement of all the parties, or if AWLD fails to deliver the documents transferring the Shares to the Escrow Agent.
- 11 -
I missed the 10q the other day. Looks like it is still a go. Hopefully we get a filing soon.
Well they do mention sometime in Jan so could get payment tomorrow or today but 8k sometime this month
I guess we will be seeing a 8k today, tomorrow or next day. Todays the 3rd. They have up until tomorrow to fulfill the deal. That was fast... Wish they all made deals this quick.
I hope hes almost done. more shares here means harder it gets to go up later on. If its just retail person who picked up .15 .20 then thats ok. Could be past insider getting rid since they arent part of shell any longer.
Trying to find out on the Chinese guys but my guess Ethan is a investment advisor for high net worth individuals so he may have met past CEO from Citi or whichever he worked for. They mention shareholders on their page but they could be just a intermediary for a Chinese merger. I like how fast they did the date so that tells me they want it now and fast to get something done.
Nice very interesting. You got some great D.D. here. Thanks again for all of your hard work. I appreciate it. I'm wondering how many shares Nite has to sell? Happy New Year.. I hope 2017 is full of some winners for us..
Found a broken link with Ethan Chuang with MU Inotera and MZ Asia-Pacific which is a investor relations firm so could actually be him...
2015 Annual Report - MZ Asia-Pacific
www.corpasia.net/.../Inotera%202015%20Annual%20Report_en_k67bFE4PTL8j.pdf
Jun 2, 2016 - Ethan Chuang. 2005.07.01. 60,850. 0.00. Department Manager, Environment,. Safety and Hygiene Office. R.O.C.. Jia Jau Yeh. 2009.09.01.
http://www.corpasia.net/taiwan/3474/annual/2015/EN/Inotera%202015%20Annual%20Report_en_k67bFE4PTL8j.pdf
http://www.mz-ir.com/hongkong/
Inotera
Corporation
Inotera Memories, Inc., incorporated in January 2003 as a joint venture between Nanya Technology Corporation and Infineon. In 2008 Micron Technology, Inc. acquired a 35.5% stake in Inotera from Qimonda. Wikipedia
Headquarters: Guishan District, Taiwan
Founded: January 2003
Type of business: Public
https://www.google.com/search?q=Inotera&ie=utf-8&oe=utf-8
Wishful Thinking There is a Ethan Chuang in the Stock MU's filings
https://www.sec.gov/Archives/edgar/data/723125/000072312516000176/a2016q2ex2-6shareswapagree.htm
As recent as 2016
http://apps.shareholder.com/sec/viewerContent.aspx?companyid=ABEA-45YXOQ&docid=11309924
http://www.otcmarkets.com/stock/MU/profile
1 billion market Cap...........
He was also a part of ADMG I believe which touched 2- 8 bucks a share so MCAR should go $1.00 plus at least imo
Yup Confirmation its him
Ethan Chuang. Mr. Chuang is expected to be appointed to our Board of Directors immediately following the Closing. Mr. Chuang joined China Concentric Capital Group, Inc. in 2010 and has served as Vice President since March 2012 and a director from March 2012 through May 2015. China Concentric Capital Group, Inc. is a private consulting firm that provides strategic management and advisory services to China-based companies since inception in 2010. In his role with China Concentric Capital Group, Inc., he has served as a team leader overseeing the evaluations and implementation of mergers & acquisitions, takeovers, due diligence, and financial planning. Mr. Chuang has also served as interim CEO and sole director of Celadon Technology Limited in China from January 2016 to September 2016. Prior to that, Mr. Chuang was Vice President of Investor Relations of Gulf Resources Inc. from August 2007 to October 2009. Mr. Chuang received his MBA degree from California State Long Beach University in 2006.
We believe that Mr. Chuang possesses specific attributes that qualify him to serve as a member of our board of directors, including his extensive experience serving as a senior advisor and consultant to a number of companies based in Asia whose shares were publicly traded in the United States as a result of an initial public offering or reverse mergers. This experience has provided him with knowledge of the Asian business environment and the U.S. capital markets, as well as corporate governance issues generally. In addition, through Mr. Chuang’s education, training, and experience, he has an understanding of generally accepted accounting principles and financial statements.
Wesite of China Concentric Capital Group, Inc Wani Lu http://www.cnconcentric.com/
Possible Ethan Chuang:
NASDAQ GULF Resources last sale $1.95 98 mil Market Cap and OS is very close to MCAR's
Ethan Chuang No Relationships Vice President of Corporate Development
http://www.bloomberg.com/research/stocks/private/people.asp?privcapId=31268110
http://www.otcmarkets.com/stock/GURE/quote
So we got 2 Chinese guys that are listed on the MCAR Filing
Ethan Chuang will be appointed as Director. Mr. Chuang will be the Company’s principal executive officer and principal financial and accounting officer for SEC reporting purposes.
And
Wani Lu is the President, sole director, and sole shareholder of China Concentric Capital Group, Inc. and therefore deemed to be the indirect beneficial owner of all Mercari shares held by China Concentric Capital Group, Inc. The address is 1120 6 th Ave., 4 th Floor, New York, NY 10036.
MCAR 8k filing
Item 8.01. Other Events
Algodon Wines & Luxury Development Group, Inc. (“Algodon”) holds at least 43,822,001 shares of common stock of Mercari Communications Group, Ltd. (the “Company”), amounting to approximately 96.5% of the issued and outstanding shares of common stock of the Company.
On December 20, 2016, Algodon Wines & Luxury Development Group, Inc. (“Algodon”), and China Concentric Capital Group, Inc. (“Purchaser”) entered into a Stock Purchase Agreement by which Algodon will sell all 43,822,001 shares of the Company’s common stock that Algodon owns, in addition to any additional shares Algodon may currently own, to the Purchaser for $260,000 (the “Purchase Price”). Algodon will assign to the Purchaser at the closing contemplated by the Stock Purchase Agreement all its right, title and interest to amounts payable to Algodon for non-interest bearing advances to the Company, which advances, as of August 31, 2016 were in the aggregate amount of $131,487 and as of November 30, 2016 were in the aggregate amount of $145,087, and such any additional advances that may be made to the Company up until the closing date as set forth in the Stock Purchase Agreement.
As a result of the completion of the agreement, the Purchaser will assume control of the Company and will replace the Company’s board of directors. The Company filed a Schedule 14F-1 on December 23, 2016 to report the potential change in directors of the Company which will occur without a shareholder meeting or consent, but rather will occur as a result of the transaction. If the change of control occurs and the new directors and officers take office, the Company will report it on a Form 8-K as required by Items 5.01 and 5.02 thereof.
The Stock Purchase Agreement may be terminated by Algodon if the balance of the Purchase Price is not paid in full on or before January 4, 2017 unless otherwise extended by agreement of all the parties, or if the Purchaser fails to comply with the material terms of the Stock Purchase Agreement. The Purchaser may terminate the Stock Purchase Agreement if Algodon fails to deliver the due diligence documents requested prior to December 29, 2016 unless otherwise extended by agreement of all the parties, or if Algodon fails to deliver the documents transferring the Shares to the Escrow Agent.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11758502
8k out today. Deal should be done by next week. They are moving along fast. Really surprised to see so many shares at .30 range. Wonder if that was just end of year retail selling? Bought a decent chunk of it. Crossing fingers they have a NASDAQ Caliber co coming in or AMEX. .30s will look cheap then. The Chinese co is a RM specialist so they may be doing to purchase and then sell it right after to someone else.
Worried me a bit to see NITE parked there bc even if it were retail hiding he would of moved up on that sort of buying on a low float. Will see.
What are your thoughts about the SC 14F1 that just came out? You know this stock better then anyone. Their sister stock looks interesting to. It is getting some activity of late..
Thanks.
Yeah hopefully more shares come up for sale. Thanks.
I was trying to sell stuff too.lol I was going to put .27 and .30 yesterday. Hope u get better. maybe more shares will come. Or maybe it goes 1.00 again
THanks for the heads up. Those.25's went fast. I was trying to figure what to sell to bid on them lol. Ive been feeling under the weather the past few days so I'm moving alot slower then usual.
MCAR 52 week high 1.00 This used to trade there with very small lots 100 shares etc. Had one MM drop and now we are .25x1.00 Going to be huge one day
Very true. I appreciate all of your DD and ideas on this stock. Great job! I agree .20's are a go for sure.
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