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grabbed some this am $TBSS
Regards
People here are playing the stock market. Everybody that does that, from options or futures or forex traders or even investors, is a dreamer on some level, IMO.
Also, “be involved with” is a bad phrase. They wouldn’t “be involved with” a penny stock, they’d be buying a shell.
Nobody knows yet what company is coming in here. Even if unlikely, it’s possible it’s the James Koh from Fragrance group, but the unarguable point is that SOME company is coming in here, and they’re going to bring revenues that almost certainly make this highly undervalued.
In a past merger Chiang took a Co public with about 45 mil in revs with a larger float and the PPS climbed in the .20's. The key here is revenues. It would be nice for the Co to be in one of these high profile sectors but all we need is a solid profitable Co. Remember this is the otc, the land of scams, dilution machines, and pipe dreams. You bring a real Co here and people will notice. IMO
It’s a shell duh. They could be buying it.
It’s a very nice shell too with good ss.
Clearly your forgetting what happened with *Dcgd.
Keep dreaming
Why would a huge Company be involved with a penny POS
imo
True. Lets stay with the facts. Isn't this undervalue now that a company is merging in and the ticker is going current?
You know very well I never said "He is not" the James Koh taking over the ticker. I don't make claims about something I can't possibly know.
Just like that you change from "He is not" to "he may not be".
Lets analyse the worst case scenario:
It is a completely new James Koh running a startup company. Who randomly has $200K+ to pay for a clean shell. Current filings are coming with PR of business direction and information of management.
With that and the current SS isn't anything under 0.02 consider free shares?
And he may not be the James Koh that's taking over the ticker.
James Koh is no stranger to OTC Pink Tickers. He just made a deal with ACRFF August 7, 2019
https://press.accor.com/asia-and-pacific/accor-adds-15-hotels-to-singapore-network/?lang=en
My main point was that they wouldn't do a R/M into an OTC ticker.
Your main point is that there is an alternative to doing an IPO. Which is also more likely that doing a R/M into an OTC ticker.
No, your point was very clearly that they would do an IPO because *cost isn’t an issue for them*.
That’s almost word for word what you said. Don’t try to move the goalposts or gaslight.
My point is that an IPO is not the only route that makes sense, even for big companies with lots of cash.
Debating about whether rm-ing into the OTC is the most efficient (or desirable) path is a totally separate discussion, which you never mentioned, and of which cost is only a part.
You're still making my point. Neither company did a R/M into an OTC ticker.
This is a fair point, but I think there’s a strong counter-argument. Just because a company has money doesn’t mean it’s in their best interest to do an IPO.
Spotify and Slack didn’t do traditional IPOs, instead doing DPO(s).
Basically, just because a company has cash doesn’t mean they want to waste 10s of millions of dollars on an IPO - in fact it could be the opposite, as explained here https://www.fool.com/investing/2019/02/04/slack-ipo-what-investors-need-know-direct-listing.aspx
We can confirm that in the next couple of days.
James Koh
Deputy Chairman/Managing Dir, Koda Ltd
https://www.bloomberg.com/profile/person/4634821
This our guy?
Looks like a great biz if so, Furniture OEM listed in Singapore.
A company like that will do an IPO. Cost isn't an issue for them.
Found Fragrance group 2018 annuals. If this is that CEO. We can all quit our jobs soon!
"As at 31 December 2018, the Group is in
a strong position with a total asset
of approximately $2.8 billion"
https://links.sgx.com/FileOpen/Fragrance%20Group%20Limited%20Annual%20Report%202018.ashx?App=Announcement&FileID=551727
Follow me on twitter if you like
$TBSS Since there is nothing bad to dream with the best Koh! I present to you Fragrance Group 2018 annual report! "As at 31 December 2018, the Group is in
— OTC Chris (@otc_chris) October 11, 2019
a strong position with a total asset
of approximately $2.8 billion"$dcgd $unrg $ACNV $exla $cwnrhttps://t.co/ekrp66BXFw
Fastest I have seen expected a month lmao. GLTA TBSS.
CeO update in otc market page After hours. they are moving fast.
Mr Barfly .... of course ... all indicators pointing to Koh Wee Meng .. aka as James KOH ... TIME will tell... more will come out Friday
since OTC Markets updated today
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Interesting same trend here on Richard Chiang Stocks ... TBSS , now if James Koh the well known Singapore Hotel Giant out there .
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Also DEV* ... also Richard Chiang .. but further along and tied into Hotel Development of Boutique Tribute Hotels with a confirmed and verified Marriott involvment....
====
Very exciting times here
More eyes on this gem. Listed on most read list. GLTA
I’ll take the rich one! LOL
Which James Koh is it already! Somebody tell us. Lol
Nice! A shareholder in twitter contacted Chiang, who said a PR should be coming shortly. That’ll clear up all the details, I’d assume.
Great to see update on OTC markets tho
OTC Markets updated now ... as of 230 PT time in afternoon
--
James Koh President
--
Richard Chiang Advisor
--
This is going to be very intersting now ...
James Koh ... Frangrance Group is the key ... here once if correct and
Richard Chiang comes off the OTC to match the NVSOS... this will gain momentum ...
--
To early for folks to see
--
It would be incredible if true. Can't wait to find out. Someone spoke with Richard Chaing said he will release a PR soon and he is known for big mergers. Good luck to you as well.
Almost too good to be true and hard to believe, if that is the case. But I sincerely hope so. Gltu
The DD points to the Fragrance Group as the company moving in on this ticker. Took a couple fills today just in case.
Company Profile:
Fragrance Group Limited (FGL) is a property developer with a presence across three continents today, Asia, Australia and Europe. FGL was listed on the main board of the SGX-ST on 3 February 2005 and has a current market capitalization in excess of $1 billion.
http://www.fragrancegroup.com.sg/
I agree 100%, but all it needs is some firm confirmation in the direction of a significant merger. Maybe we get that here with TBSS, or maybe not. We will see soon enough. Gltu
This isn’t atypical for early mergers. As more info comes out it should pop again ... EORZ took a few days to pop to 08+, as more info came out
Closed 60% off the HOD...needs some OTC updates.
Wait until the otc is upgraded.
Needs a spark...we'll see.
Morning pop took out all GTC shares under .025, the next leg will be epic imo
Can you or another mod sticky my DD post? they're really helpful for anybody visiting the message board
TBSS looking like a beast in the making!
9.4 million now and back to .012. Early AM buyers are holding a bag here.
I made a basic DD post, could you sticky?
TBSS DD Post
166M O/S, 61m Float R/M play with new officers showing on NVSOS. Here's how to verify the Nevada SOS yourself:
https://esos.nv.gov/EntitySearch/OnlineEntitySearch
Name: TBSS International Co
NOTE: 3609 HAMMERKOP DRIVE, North Las Vegas, NV, 89084 is the address of the registered agent
Speculation on CEO
"James" Koh, owner of Fragrance Group, estimated net worth of $1.3b
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151622860
James Koh, CEO of crypto company
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151622764
James Koh, fantasy expert featured on Yahoo!, DIRECTV, and a 4x Emmy winner (seems less likely than other candidates that he'd be starting a company)
https://twitter.com/JamesDKoh
Share Structure:
Authorized Shares
500,000,000
09/30/2019
Outstanding Shares
166,000,000
09/30/2019
Restricted
104,925,933
09/30/2019
Unrestricted
61,074,067
09/30/2019
Float
61,074,067
07/24/2019
I emailed the otc to update the tbss site. Once they do the business will be revealed.
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