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Yes 80% or more DOWN yet he sold the remainder of his FREE shares hahaha
Never loses
The latest earnings report is alarming. Despite a significant decrease in revenue by 450% compared to the previous year, the company's expenses have skyrocketed with a whopping $39.1 million allocated to other expenses, leaving investors puzzled about where the money went. The company's assets also decreased by $31 million, further raising questions about the financial management of the company. The net loss of $46.2 million is astounding, especially considering the low revenue of $4.4 million. Moreover, the cash on hand decreased by a staggering $38.2 million, leading to concerns about the company's financial stability. To add to the confusion, the company is issuing a new offer for only $3 million despite having $17.8 million in hand. All these factors suggest that the company's books are cooked, and Chan may be manipulating the stock for his benefit. The huge discrepancy between last year's earnings and this year's earnings is like day and night, making it difficult for investors to trust the company's financial reports."
You must realized a big loss, right?
I am holding just because the OS is so low. But yeah the ceo sucks.
I sold my last Free shares today. Clearly Chan manipulates the stock, he's in bed with the shorties. Clearly nobody insider buys the stock. Furthermore, they DELAY the IPO again. On top of that they predict bad earnings that will push the stock below one dollar again.
In the future If the IPO sticks I will reload again.
Good luck to all here
Harsh drop on 02/06/23. Hasn't recovered since.
That was put out 3 months ago. Down another 30% since.
As I said.....the CEO is a psycho.
Only stock I have ever seen with this much CEO insider buying and yet 0 PRs are ever out out.
Craziness. The CEO seems like a psychopath.
AEI is a big clown show. The CEO seems to be a stupid turd...
Wondering what powerbattles says after he is 80 percent down..?
That being said....this does look as though it wants to start moving up chart wise.
Yeah the 22 M shares he still had to invest the actual money. Which is what....$4.4 Million at $2.2 a share? That is actual money he spent and is down 12% on. So around $500 K or so already. He could have granted himself shares but chose to invest on the offering.....which I like.
But then he does nothing PR wise.....which I don't like.
So odd.
Power battles has the answers.
This is just a strange CEO. Accumulates 10s of millions of shares over the past 1-2 years at prices 60-200% higher that the current share price. Never issues any PRs and no IR is done. Just a few filings.
Invests and gets another 22 M shares in this latest offering at $2.20 Stock is at $1.90 within a few days of closing. Already down 12% or $2.5 M. Again no PRs or IR
I mean....this guy is either the single worst investor I have ever seen or he is a psychopath. He loses $millions and does nothing. At some point he is going to be so far down in his investments that even a PR won't get him close to even.
Truly bizarre.
thanks for the PM's yesterday. I was totally of the net. Am graddaughter's swim meet PM pre game party. As for the 2 you sent I am not familiar with what appars to be a new investment orgainzation in a start up mode. Could be interesting. I need much more time to investgate them. As for the 2nd that is a big RED FLAG. It is showing up in the SP today when the majors are up. 8-21 day chart looks bad
Definitely one of the stranger stocks I have been around. Chan has bought shares on the open market much much higher than the share price now. And now he gets another $1.2 M worth as part of this offering. So he just gave $1.2 M to.....himself.
How does that make any sense other than he wanted cheaper shares.....which come out to around 11 cents pre RS???
The ONLY thing that makes any sense is some sort of major announcement/news event is coming. And yet he never puts out PRs.
As I said....a very very VERY VERY VERY STRANGE STOCK.
It looks like Chan acquires in any IPO then his "friends" short the thing
like the old Fisk and Gould play back in 1869
spot on / all should take notice / could be something coming soon, but prepare for a long wait as chan is mysterious
The offer is only 1,727,273 shares. Chan purchased 1.2 million of shares in the offering. If one looks at the size of the offering, it wasn't a big offer.
Not sure why Chan's desperate urgency is increasing in the size of his stake? Could that be possible he won't get the benefit directly from the IPO share as stated in the prospectus. Therefore the only way to garner benefit is to go through AEI, who holds more than 50% shares of DSS. Who knows? Your guess is as good as mine.
And guess who's missing from this discussion?
I fear you are right as usual. Time to lower holdings in this.
chan is up to his same old tactics > manipulation of the market to benefit his priorities and his long line of family and friends and associates >> IMO
with all the FUD right now with the markets the PPS could see back to under a dollar easily
and any black swan event could play into this one heavily an destroy the price to unbelievable
lows
pop didn't last market doesn't like the new public offering. But why they waited until today that news was out Friday or was it after the close. Most gaps fill unless it came on unexpected news which this appears to be.
It is not unusual for the price to drop slightly below an offering price. It will probably hover around this area until it closes in a couple of days.
Good thing is I do expect there to be some nice follow up news after it closes. I can't imagine Aegis is bringing in investors at $2.20 a share without them knowing news events will come after along with a hopeful share price increase. I'll probably add some tomorrow unless it dips more today.
Yeah, why plummet after the offering? As indicated...
---
"The offering consists of 1,727,273 shares of common stock (the "Offering") at a price of $2.20 per share. In addition, the Company has granted Aegis Capital Corp., the underwriter in the offering, a 45-day option to purchase up to an additional 212,863 shares of common stock offered in the offering at the public offering price, less underwriting discounts and commissions. The Company intends to use the net proceeds from this offering for general working capital."
---
$2.20/share is actually ABOVE current market price, so it's not dilution. It draws in new investors and generates capital for the company to hopefully utilize for further growth. Am I missing something? Why the sudden drop in PPS?
Well this certainly seems like a huge over reaction.
It means CEO is trying to dump stock!
got a pop today so far??????????????
AEI / CHAN just more spagetti highway mess
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Amendment No. 8 to
FORM S-1
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
IMPACT BIOMEDICAL, INC.
I can't find a symbol for the one you just PMed
What does this mean? Paperwork hurts my head.
this is looking better since the RS it is selling below its earnings which doesn't make sense.
Earning $4.92 PE is less than 1. Should bring attention to some investors jmo
i know i have said this before but i still think this is being front loaded ahead of huge news sometime in the future
but i am thinking maybe some bigger news comes soon > maybe we hear something in next 2 months or maybe sooner than that
Did you know that Hapi Cafe Inc. is a wholly owned subsidiary of AEI?
PLAYA VISTA, Calif., Jan. 12, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – American Wealth Mining Corporation (HIPH) ("AWM" or the "Company”) is pleased to announce that it has executed a binding LOI to acquire its first Cafe in the US. Upon completion of the transaction, the Company intends to establish the first HAPI Cafe (https://www.hapicafes.com/) location in New York City. This would also become HAPI Cafe’s first US location. The transaction is set to be completed by the end of this month. The terms of the LOI were not publicly released.
The Company announced in August that it had reached an agreement with Sharing Services Global Corporation (“SHRG”) (SHRG, Financial), the master franchisor of HAPI Café in North America, to be HAPI Café’s exclusive licensee in New York State. With the 1st HAPI Cafe set to open imminently, AWM intends to open 20 HAPI Cafés in New York State over the next 18 months. Throughout the US, HAPI Cafe is targeting to open over 200 locations in the next 18 months.
Ryan Fishoff, CEO of AWM, commented, “The Company is excited for its first HAPI Cafe location in New York! This is a milestone achievement for AWM as we are positioning the Company to meet the strategic goal that we set back in August to open 20 cafes in New York State over the next 18 months. The HAPI Cafe concept is a central part of the company’s shift towards “Wealth Mining”; these locations will be centers of innovation in which customers will be exposed to the future of FinTech, education, wellness, crypto, health and wealth that meet the demands of the 21st-century consumer. The cafes will be a significant revenue driver for the Company, targeting to add over seven figures once our goal of 20 locations is achieved.
“This transaction starts off 2023 strong by opening our first HAPI Cafe, and with our JV with New Energy announced at the end of 2022, positions us well to start the year with momentum to build our “Wealth Mining” platform. A focal point for AWM’s Wealth Mining blueprint is to invest in innovative and sustainable businesses. The development of the Company’s ‘Wealth Mining’ strategy is intended to strengthen the balance sheet to yield a tangible net result of increasing shareholder value. With all the planned initiatives from the different business areas, I look forward to giving shareholders a more comprehensive outlook for 2023 in the next few weeks that outlines the Company’s vision to build a unique company that incorporates crypto, fintech, physical retail, venture, and health and wellness into one platform.”
About HAPI Cafe
HAPI Cafe (https://www.hapicafes.com/) is a unique lifestyle café outlet that inspires to transform the way people eat, work and live, by offering a combination of Health, Fitness, Work, and Leisure services in one location.
About Sharing Services Global Corporation
Sharing Services Global Corporation ( SHRG), formerly Sharing Services Inc., is a publicly traded diversified company dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies. The Sharing Services combined platform leverages the capabilities and expertise of various companies that market and sell products direct to the consumer. One of its primary divisions is Elevacity U.S., LLC a sales and marketing company based on utilization of independent contractors as the sales force. https://www.shrginc.com/
About American Wealth Mining Corporation
American Wealth Mining Corporation (“AWM”) focuses on sustainability and maintaining a portfolio of investments in line with the Company’s vision that generates long-term sustainable shareholder value. AWM also focuses on building a financial educational platform to meet the increasingly diverse and complex needs of consumers. www.americanwealthmining.com
Forward-Looking Statements
This press release includes statements that may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that are often difficult to predict, are beyond our control, and which may cause results to differ materially from expectations. For a discussion of the most significant risks and uncertainties associated with the Company’s business, please review our filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which are based on our expectations as of the date of this press release and speak only as of the date of this press release. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Contact Information
American Wealth Mining Corporation
12777 Jefferson Boulevard
Building D
Playa Vista, CA 90066
Email: info@americanpremiumwater.com
https://www.gurufocus.com/news/1926698/american-wealth-mining-corp-signs-binding-loi-for-first-us-cafe-location-in-new-york-city
thanks for the PM looking good and SP up today
This post tho smellmy finger doesn't open and has a warning instead
Nice. Seems good (bullish), right?
i am ok with you posting my message to board if you like / yes we need more eyes on this
@usgirls, I have a free account (can't PM). Not sure of the answer to your question(s), but it wouldn't hurt to post it here to see if anyone else has insight. Good question, though.
Usually good when a CEO backs their company.
thanks for the PM aand yes things are very uncertain with Chan. SPis moving up nicely, could be in part as it is outof penny land which can attract some buyers. Will be an interesting year here.
looks like he had to do the RS inoder to get the company compliant again. He seems to be all in so must have a long term plan.
thanks for all the PM's had a lot of family things this past weekend.
Looks like that new company is looing for franchise buyers. They are from Singapor. They have an intresting concept. Wonder why they are only opening in NY vs CA too.
It took him more than three years to move all his assets into alset inc. He haven't sold one share since the merge! Technically the o/s unchanged as of March 31, 2022.
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