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Just my opinion:
As you all know I bought and sold after R/S news, so I am not bashing nor support AAGH especially after R/S news. I think as most who issue R/S there is a point where stock bounce back after collapse of R/S due (I think only my opinion) to short coverage. For some reason shorts like to cover before implementing R/S...but most often it collapse and might go to .0001..........I do not understand why short cover beofre R/S (Someone can correct me so I might learn something.
Or second senario: Issue R/S news (as it say may or may not happen in the filling) to buy all shares cheap and do reverse merger with least common shareholders....If this true, hold because it might be great return.
But who knows...I sold with lose all my opinion..Goddluck all
I SENT YOU THE LINK 2 TIMES IN A PM!
I tried to warn all! Here is the PROOF! Good job pumping a R/S Common!! Congrats
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8028722
To our Stockholders:
We are furnishing the attached Information Statement to the holders of common stock of Asia Global Holding Corp., a Nevada corporation (referred to below as the “ Company ” or “ AAGH ”). The purpose of the Information Statement is to notify stockholders that the Board of Directors of the Company (the “ Board ”) and the holder of more than a majority of our common stock (approximately 63%) (the “ Voting Stockholder ”), has taken and approved actions to amend the Company’s Certificate of Incorporation by a reverse split of the outstanding Common Stock, on a 1 share for each 1,000 shares, and to approve and adopt an Amendment to the Company’s Articles of Incorporation to reflect the reverse split. These matters are described in this Information Statement.
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.
The accompanying Information Statement is being furnished to our stockholders for informational purposes only, pursuant to Section 14(c) of the Securities Exchange Act of 1934, as amended (the “ Exchange Act ”), and the rules and regulations prescribed thereunder. As described in this Information Statement, the foregoing actions have been approved by the stockholder representing more than a majority of the voting power of our outstanding shares of common stock. The Board is not soliciting your proxy or consent in connection with the matters discussed above. You are urged to read the Information Statement in its entirety for a description of the action taken by certain stockholders representing more than a majority of the voting power of our outstanding shares of common stock.
The Information Statement is being made available on or about July 16, 2011 to stockholders of record as of June 30, 2011, the record date for determining our stockholders eligible to consent in writing to the matters discussed above and entitled to notice of those matters.
THIS IS FOR YOUR INFORMATION ONLY. YOU DO NOT NEED TO DO ANYTHING IN RESPONSE TO THIS INFORMATION STATEMENT. THIS IS NOT A NOTICE OF SPECIAL MEETING OF STOCKHOLDERS AND NO STOCKHOLDER MEETING WILL BE HELD TO CONSIDER ANY MATTER DESCRIBED HEREIN.
Sincerely,
/s/ Mr. Gang Dong
Chief Executive Officer
Chief Financial Officer, and
Sole Director
common that doesnt mean people cant invest...
so every stock that has had or is going to =stay away???
thats just not right either...
I havent even seen any info on it yet, why dont you send it to me like I asked you a while ago!
Why all the frenzied buying here? A 1:1000 reverse split is not exactly a Good Thing.
Just read the filing. So the RS is to give control to Mr. Dong. Mr. Dong will receive 250,000 Class B shares after the RS which when converted will be equivalent to 50 million common shares. I think it could have been handled better for shareholders. But I guess thats the nature of the business. IMO of course. To bad, this seemed to be a great stock!
The purpose of the Information Statement is to notify stockholders that the Board of Directors of the Company (the “ Board ”) and the holder of more than a majority of our common stock (approximately 63%) (the “ Voting Stockholder ”), has taken and approved actions to amend the Company’s Certificate of Incorporation by a reverse split of the outstanding Common Stock, on a 1 share for each 1,000 shares
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8028722
just play the swings
Why would they do a R/S when the AS is only 300 mil? Makes no sense. Someone have an idea? TIA.
ask is crazy thin AAGH can fly!!!!!!!!
with or w/ any rs weeeeeeeeeeeeeeeeeeee
This can go NOW AAGH check the bids!!!!!!
AAGH HUGE bid support here...GET READY!!!!!
AAGH get ready
It's going to rebound hard. Almost 1 month until the r/s. Get in people!!
I am surprised this is holding up as well as it is. based on current pps the post split price would be $4.30. Then the new ceo would be able to convert preferreds to common and the o/s would bloat again. Maybe I missed something. Maybe buyers are hoping for a pump over the next month.
Appears to be the reaon for the r/s. I had figured he wouldn't r/s since he owned so mush of the o/s. Again, trade these r/m plays for the quick pop and then get out.
Current shareholders will have no rights. Dong controls everything. Like before, shareholders have been emasculated.
Issuance of the Series B Preferred Stock
AAGH has approved the issuance of 250,000 shares of Series B Preferred Stock to Mr. Gang Dong, when the Series B Preferred Action is effected on or immediately following August 4, 2011. Mr. Gong has already paid for these shares by the following:
Series B Preferred Stock
A new series of preferred stock, the Series B Preferred Stock, has been approved to be established by the Board, consisting of 250,000 shares, and a Designation stating the rights and preferences of the Series B Preferred will be filed to implement the Designation with the Nevada Secretary of State on or immediately following August 4, 2011. Since all the Series A Preferred shares have been exercised, the 250,000 shares which had been reserved for the Series A designation have been re-classified as part of the undesignated class of preferred stock.
The Series B shares will have the same rights and preferences as the Series A Preferred Stock:
Conversion at any time to common stock (one Series B share will be convertible to 200 common shares (total of 50 million common shares if all the Series B shares are converted);
Equal participation with the holders of common shares in Company assets in the event of dissolution of the Company; and
Even if not yet converted to common shares, the holder of the Series B Preferred Stock will have the right to vote the common shares issuable on conversion as if converted. A copy of the Designation as filed with the Nevada Secretary of State is included with this Information Statement.
ss gets smaller every couple months loooks like. def took a big loss here today.
I lost wrong stock, you win some and lose some, I admit I was wrong, why RS, I thought SS small,
WHATCH OUT! REVERSE SPLIT COMING!!! STAY AWAY IMO!
"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."
when does this take affect?
1:1000 R/S coming. These R/M plays are becoming too risky. Every one of them follows the R/M with a R/S. You're best playing them for a one day pop and getting out.
http://ih.advfn.com/p.php?pid=nmona&article=48338909
we will have to wait and see, unfortunately the expected dip after most RM's effects this company in a bigger way since the SS is so low compared to most a sell off affects AAGH much more than other RM plays
if you looking ahead this is not to worry me, small investors bailing out in a day where no major buyers. I learned my lessons to hold and not worry about these moves if you are convinced it will move big...........it works to hold for big gain.in my opinion
ouch, this is looking bad early morning. has to be bottom tho
agreed! I was saying that in the future once the milestones i stated are reached that it will fun like every other RM and look at the charts and my other post before that!
AAGH is running, in the wrong direction though.
yes, pretty much exactly what i was trying to say! AAGH is a huge runner
This is a typical for stock to drift down from intial big gain. Still at this level still up big time. This will be moving up slowly. small investors leave big one accumulate where time is not important knowing this will explode to .5 area in the near future. CEO spent his own money and other will do the same, no fear here. Thanks for cheap shares. IMHO
AAGH more settling until the announcement of the planned RM Candidate. Typical response after the initial RM boom. Just look at the charts of other RM plays, they all fall off after the initial jump, settle, jump again (on RM candidate announcement), settle, jump permanantly after the RM is DONE!
GM AAGH lets! see how the week goes!!!! Thinking some green
The Company’s principal business now is to locate private operating companies that may wish to merge with the Company in a reverse merger
transaction. Meanwhile, the Company will attempt to reinvigorate the business of Ultra Professional Limited (“ UPL ”), a still-operating whollyowned
subsidiary, with to-be-hired new consultants. To the extent UPL continues to experience negative cash flow or even modest profitability
in the future, then the Company will be relying on continued cash advances from Mr. Dang Gong to pay general and administrative costs and the
substantial fees and expenses of AAGH being a public company. These advances will be booked as debt owed to Mr. Gong, however, the
Company may issue stock in payment of the advances.
The criteria for suitable companies are not limited to any kind of business, results of operations to date, or prospective operations. While we
expect most candidates to be based in either Hong Kong or the People’s Republic of China (the “ PRC ”), we are not limited to those areas.
We anticipate engaging third party consultants to assist in the location of possible merger candidates. These consultants will not be affiliated or
associated with any AAGH stockholder, officer, or director, or any affiliate of associate of any such stockholder, officer, or director. No
consultant will be paid “transaction-based compensation” for their services – meaning that we will not pay any compensation at closing based on
the size of the acquisition or the success of the merged company as measured by stock market price or financial performance after the
acquisition. Our consultants will not be involved in the negotiation of terms for a merger or the preparation of merger documents, will not
recommend a merger to a merger candidate, or be involved in the collection, transmittal, or other handling of stock or cash in connection with
the merger.
We expect that the terms of a merger will depend on negotiations with the merger candidate, which in turn will be a function of the candidate’s
past, current and prospective business operations, financial metrics (net assets, revenues, operating and other costs, and other factors). In
general, the stronger the candidate’s business and financial metrics, the greater the percentage of the merged company which the merged
company’s stockholders will own. The range of AAGH’s retained equity in the merged company is expected to be from 1% to 30%.
In the normative case, the merger would be structured as an all stock-for-stock exchange, of new Rule 144 restricted stock (most likely common
stock only), to minimize if not avoid completely U.S. and foreign income taxation of the transaction. However, it is possible that some cash
could be paid to AAGH’s stockholders in connection with a mostly stock-for-stock transaction.
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.
Under Nevada law and the Company’s articles of incorporation, a reverse merger with an operating company will require the approval of the
holders of a majority of AAGH’s outstanding common stock, and by the holders of any other class of stock (for example, preferred stock), that
may be adversely impacted by a reverse merger). Mr. Dong presently owns a majority of the outstanding common stock. Accordingly, any
reverse merger will require only his approval. Although all other shareholders will be entitled to notice of the decision to approve the merger
(which the Company would give by distribution of an Information Statement), they will not be entitled to vote for or against the
merger. However, the other such stockholders will be entitled to payment of the fair value of their stock immediately preceding the merger,
often referred to as “Dissenters’ Rights,” provided each dissenter follows the procedures to perfect his or her right to payment, as mandated by
Nevada law. Appropriate instructions for these procedures will be provided to all stockholders of AAGH, in sufficient time for them to qualify
for payment of fair value.
9
I did not expect to buy this low but holiday and friday helped me. Check later you will regret selling however thank for the cheap shares. These are gold shares, in time .5 or higher will closer than you think..goodluck to all who still holding, all my opinion, big fish eat small fish.nature made this way,
8K and the S/S EOM
New to this one...What is the reason for the move in the first place?
This could be a great entry point or near it at least....
Nice :)! hopin it doesnt go to low but another jump has to be coming IMO
Sure my 0.0085s looking good now
Regards,
Knight_78
Nvidia - Nice call on SUNR, I'll keep your post as proof to all nay sayers that you called it. We are so close to getting past .013, then straight to a dollar thanks to SUNR. You must be an elite trader to make this call so successfully. If you have a following, I would like to be on your all-star alert list....Alright, I made my point, please step away from the edge....here is a tissue. Now go back to the french fry station, the customers are hungry!!!
right on!! Just the fact that it's holding these levels is HUGE! Seems like AAGH is going to be a great investment
Only down 25% after a 1000% pop yesterday... no big drama here.
If this holds above 0.01 we will go up at least 50% on monday. That's what i think
Still looking good here! AAGH should hold here and consolidate a bit (which is healthy) and IMO run in the next days/weeks
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