yes I missed it as we have family in from out of state and was out most of the trading day
but I knew it could be one to watch
and sure enough... I missed it
I did HOLD nbrv overnight even though I saw it hit almost .31 ah and I may regret NOT selling over .30
we shall soon see
Beautiful day in CNET land!
CNET $1.01 hod. Do you love it?
CNET $1.01 hod. Do you love it?
I think we will see alot more RS
companies will catch on , and it will be a race for the RS door
its great for traders, as weed need volatile plays to trade
They should do an R/S and trade at $50 the next day LMAO!
Another “nothing” PR promising future products which will take months to develop that investors have to wait for :
“ The two parties will develop the IP + NFT + Metaverse business model, providing the peripheral products and digital merchandise services for authorized IPs during this cooperation. Through the Company's BIF blockchain platform, the IP co-branded contents and products can be distributed, traded and transferred on global NFT platforms such as Antchain and Tencent Huanhe. Combining multiple technologies such as AR, VR, and Computer Graphics, Metaverse has created excellent scenarios and platforms for virtual IP and content production, allowing it to deeply integrate with more industry scenarios such as live commerce and IP endorsements. The business model also provides possibilities for the Company to explore the applications of NFT + tangible assets, digital assets financial services and others in the future.
In addition, the Company and Digital Gold Information will jointly establish an IP alliance to develop domestic and international cooperative IPs. At present, the IP alliance has closely cooperated with Tencent, Netease and other internet giants, covering a variety of IP types such as game IP, two-dimensional space IP, museum IP, and cultural creation IP which includes but not limited to Kings of Honor of Kings, Game for Peace, Hatsune Miku, and The Metropolitan Museum of Art. The average daily active users of Kings of Honor reached 100 million in 2020.”
If they say the word “meta verse “ a few more times maybe that will do something. Notice how the November strategic cooperation netted zero products and services.
Also gap at $3.85 but ….
One full year couldn’t increase sales:
7:45a ET 11/16/2021 - Benzinga
ZW Data Action Tech Q3 Sales $11.90M Down From $12.30M YoY
ZW Data Action Tech (NASDAQ:CNET) reported $11.90 million in sales this quarter. This is a 3.28 percent decrease over sales of $12.30 million the same period last year.
Loss from operations was $1.57 million for the third quarter of 2021, compared to $1.40 million for the same period of last year. Operating loss margin was 13.2% for the third quarter of 2021, compared to 11.4% for the same period of last year.
Other income (expense), net
Total other net income was $2.82 million for the third quarter of 2021, compared to total other net expense of $0.08 million for the same period of last year, which was primarily attributable to the increase in gain from change in fair value of warrant liabilities.
Net income (loss) attributable to CNET and earnings (loss) per share
Net income attributable to CNET was $1.38 million, or earnings per share of $0.04, for the third quarter of 2021. This compared to net loss attributable to CNET of $1.33 million, or loss per share of $0.06, for the same period of last year.
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.“
This is likely for dilution or an acquisition using shares:
“ Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
As discussed below under Item 5.07, at the Annual Meeting of Stockholders (the “Annual Meeting”) held on July 8, 2021, the stockholders of ZW Data Action Technologies, Inc. (the “Company”) approved an amendment to the Company’s Articles of Incorporation to increase the number of authorized shares of the Company’s common stock, par value $0.001 per share, from 50,000,000 shares to 100,000,000 shares. The amendment to the Articles of Incorporation will become effective upon filing with, and acceptance for record by, the Secretary of State of Nevada. A copy of the Amendment to our Articles of Incorporation to be filed effecting the increase in authorized common stock of the Company is attached hereto as Exhibit 3.1 and is incorporated by reference herein.”
Market Cap Market Cap
Held at DTC
No Par Value
CNET is better situated today than it was in February when it was $7.00. There are China based companies comparable in terms of current and future capabilities, products and customer base, with billion dollar market caps, and the market notices that progress and opportunity. All imo.
Market Cap Market Cap
Held at DTC
No Par Value
I like healthy competition!
I think these PRs are building blocks for a surprise catalyst from Chinas government, they saw how Trump was able to get Phu# to 25 and they want to respond and not get shown up in the market, if Phu# went to 25 then China wants its best stock in this range, CNET, to go to 50, then Trump will respond by trying to get Phu# to 75 or 100 and so on. Just the beginning of a back and forth competition to see who can go bigger. All imo.
CNET 1.49 Blockchain link should jolt eventually.
“ ZW Data has been serving in the MSME information business for 18 years and currently has over 100,000 chain franchise customers.
ZW Data is moving from information services provider to a new stage of dual services of information + transactions provider. ZW Data's continuous exploration in the digitalization process of chain franchising will help MSMEs operate and manage efficiently and accurately, creating value for customers, while our own performance and development will also see greater improvement," commented Handong Cheng, Chairman and Chief Executive Officer of ZW Data.”
“8:17a ET 11/2/2021 - Globe Newswire
ZW Data Action Technologies Inc. Updates its Official Website with Information + Transaction + Blockchain Triple Service Upgrade
ZW Data Action Technologies, Inc. (Nasdaq: CNET) ("ZW Data" or the "Company"), an integrated online advertising, precision marketing, data analytics, and other value-added services company, today announced that its website (http://www.zdat.com/) was fully upgraded and a new version of the website was officially launched.
In 2021, ZW Data has upgraded its positioning - transforming to a digital operation service provider. The Company assists companies by deploying new-generation information and internet technologies such as NFT, blockchain, DeFi and big data. ZW Data explores the development of diversified business directions, and its business has been upgraded in both depth and breadth. The Company not only introduces high-quality projects, but also actively connects with leading enterprises to introduce supporting services and related projects for investment promotion.
This update of the website introduces the latest blockchain research results - the Blockchain Integrated Framework ("BIF") automation platform, which provides investment-light and development-light one-stop blockchain underlying management service solutions to micro, small and medium enterprises ("MSMEs"). The BIF automation platform is based on a transparent and visualized shared ledger for process integration, which will further reduce the complexity of collaboration, optimize the decision-making, and synchronize processes to realize the improvement of supply chain collaboration efficiency on blockchain. Meanwhile, through the new website the Company will provide customized operational full-chain solutions for numerous industry scenarios and customers, such as catering, shared equipment and overseas e-commerce.
"ZW Data has been serving in the MSME information business for 18 years and currently has over 100,000 chain franchise customers. We have been committed to solving the problem of information asymmetry of MSMEs, so that enterprises can conduct business more conveniently, more efficiently and at a lower cost. In recent years, our Company has been making attempts and advances to provide digital full-chain support services for MSME transactions through blockchain, cloud computing, and big data, including business operations, technology, and marketing services, which means that ZW Data is moving from information services provider to a new stage of dual services of information + transactions provider. ZW Data's continuous exploration in the digitalization process of chain franchising will help MSMEs operate and manage efficiently and accurately, creating value for customers, while our own performance and development will also see greater improvement," commented Handong Cheng, Chairman and Chief Executive Officer of ZW Data.
About ZW Data Action Technologies Inc.
Established in 2003 and headquartered in Beijing, China, ZW Data Action Technologies Inc. is an ecological enterprise dedicated to marketing channel expansion services through mobile internet, blockchain, big data and other professional services. ZW Data has been providing information business services for small to medium enterprises to expand marketing channels for years and has become one of the industry benchmarks. It is committed to the innovation and establishment of B2B2C intelligent business ecology through the deployment of artificial intelligence, blockchain, cloud computing, big data, and other new-generation information technologies, to assist MSMEs in achieving a more convenient, efficient and lower cost business model. More information about the Company can be found at: http://www.zdat.com/.“
Excited to see this launch, basically a merger level cooperation:
“ZW Data Action Technologies Inc. said it has signed a strategic cooperation agreement with VCan Fintech, a Hong Kong-based financial technology company for global payment solutions.
ZW Data said the two companies would start in-depth cooperation in three major aspects of business, operation, and technology. The companies expect to build a B2B cross-border payment platform backed by blockchain technology, and provide merchants with blockchain-technology support, cross-border payment-data analysis, solution consulting, industrial capital solutions, and multi-dimensional industrial interaction services.
The companies, through VCan's regulatory licenses in Hong Kong, the U.S., the U.K. and other countries, also expect to launch an integrated cross-border payment service platform to connect overseas banks, UnionPay, international prepaid cards, Paypal and other financial-service systems.”
Beginning of month, looking for interesting developments before 10-Q:
FORM TYPE RECEIVED PERIOD END DATE
8-K 08/17/2021 08/17/2021
10-Q 08/16/2021 06/30/2021
8-K 07/09/2021 07/08/2021
DEF 14A 06/01/2021 07/08/2021
8-K 05/20/2021 05/20/2021
10-Q 05/19/2021 03/31/2021
Revenue generation: “The cooperation will include the setup fees and future per transaction fee of 1 to 3%.
"We are excited to announce our cooperation with Gongxiang Technology as this cooperation is another remarkable progress we have made since the launch of our BIF Platform.”
BIF is the name of the US infrastructure bill…
Lots of stocks that spiked in February are on almost 9 months of consolidation, overdue to roar if revenue has increased, especially those stocks that are utilizing and developing blockchain solutions, these stocks are in better shape today than in February and the SP should reflect that eventually, just happened with PHU# on an unexpected catalyst. I think there is a similar unexpected catalyst here very soon. All imo.
“7:30a ET 10/20/2021 - Globe Newswire
ZW Data Action Technologies Inc. Announces the Blockchain Payment Cooperation with its Blockchain Integrated Framework Automation Platform Services
ZW Data Action Technologies, Inc. (Nasdaq: CNET) ("ZW Data" or the "Company"), an integrated online advertising, precision marketing, data analytics, and other value-added services company, today announced the cooperation with Guangzhou Gongxiang Technology Co., Ltd. ("Gongxiang Technology"), an innovative facial payment service provider with over 600 thousands of merchant adoptions in 300 cities in China.
Under the cooperation arrangements, ZW Data will provide one-stop blockchain network and application services through the Blockchain Integrated Framework automation platform ("BIF Platform") recently launched by the Company to Gongxiang Technology and integrated with its existing payment service for the future of central bank digital currency or crypto payment need in accordance to forthcoming rules and regulations.
The cooperation allows Weilay Life, a cash-back and shopping rewards platform owned by Gongxiang Technology, to apply the digital transformations and adopt solutions of Non-Fungible Token ("NFT") and Decentralized Finance ("DeFi") with service solutions provided by BIF Platform. The cooperation will include the setup fees and future per transaction fee of 1 to 3%.
"We are excited to announce our cooperation with Gongxiang Technology as this cooperation is another remarkable progress we have made since the launch of our BIF Platform. We are confident that the potential expansion to many other cooperative merchants of Gongxiang Technology will accelerate the market presence of BIF Platform providing more case scenarios. Going forward, we expect to continue to actively seek business opportunities for our BIF Platform with more and more small and medium enterprises," commented Handong Cheng, Chairman and Chief Executive Officer of ZW Data.
About ZW Data Action Technologies Inc.
Established in 2003 and headquartered in Beijing, China, ZW Data Action Technologies Inc. (the "Company") offers online advertising, precision marketing, data analytics and other value-added services for enterprise clients. Leveraging its fully integrated services platform, proprietary database, and cutting-edge algorithms, ZW Data Action Technologies delivers customized, result-driven business solutions for small and medium-sized enterprise clients in China. The Company also develops blockchain and artificial intelligence enabled web/mobile applications and software solutions for the general public, enterprise clients, and government agencies. More information about the Company can be found at: http://www.zdat.com/.
About Guangzhou Gongxiang Technology Co., Ltd.
Founded in 2014, Gongxiang Technology is a leading Internet company providing Internet of Things (IOT), artificial intelligence (AI) product development, big data analysis and digital marketing solutions. It is committed to building a new business ecosystem of more efficient and trusted B-end and C-end through digital contract technology and facilitating the digital transformation and upgrade of industry. Gongxiang Technology has a good cooperative relationship with many well-known universities and research institutes both domestically and internationally, and its team equip with cutting-edge core technology research and development capabilities in the field of artificial intelligence in China. To contribute to the development of new retail, shared business, smart operation, and converged payment, Gongxiang technology strives to build a first-class brand of intelligent technology service platform, providing customers with full-stack and integrated solutions including algorithms, software and hardware products. More information can be found at http://www.gzgxkj.com/.”
This company is an advertising service provider for tencent
Largest Chinese companies by market capitalization
Name M. Cap Price Price (30 days) C.
Current CNET market cap is 45m it should be a billion when you look at that list and compare this. All imo.
Here is the blockchain model:
“ Provide blockchain application examples
BIF has been adopted by 10 mature companies in different industries. Sample cases
Simple and practical, quick to get started
High efficiency and low price
BIF provides DLT and MCC hybrid chain platform support
Realize a new generation of cutting-edge technology collaborative work of "state-owned blockchain underlying consensus algorithm", "smart contract operation management platform" and "development supporting system"
City-level supercomputing capability
Build a city-level blockchain super-computing center, and use the highly optimized BIF consensus algorithm to achieve the value upgrade of the traditional data center and operator system
Achieve stable and reliable multi-platform support, provide a blockchain browser for multi-dimensional analysis, and support local/cloud flexible deployment of blockchain nodes
Free choice of main chain-level application chain deployment and BaaS platform applications; support local/cloud flexible deployment of blockchain nodes, greatly reducing costs and improving efficiency
High-efficiency block data accounting structure, supporting multi-operation/batch processing transaction structure, which greatly adapts to actual production needs
Support multiple mainstream programming language development contracts, support in-product matrix customization, realize blockchain deployment and application micro-service management, and cover the needs of users at all stages
Introduce a variety of advanced privacy protection technologies, the built-in account supports multi-signature joint control, and supports the password against quantum computing attacks to ensure data security
Support national secret algorithm SM2/SM3/SM4; blockchain nodes and users support CA real-name authentication; support electronic contracts and judicial deposits“
“The BIF platform divides functions into high-quality APIs and SDKs, providing expansive, easy and standardized tools for MSME users with different development needs, successfully solving the difficulties of high development cost, long process, low efficiency and high risk in blockchain applications to MSMEs. Users without blockchain development capability, the BIF Platform provides process templates and framework covering the supply chain, risk control management and other common functions to minimize the cost of enterprise blockchain operation and development and achieve increased benefits. More information about the BIF Platform can be found on the website: https://www.zwbif.com/.
'We are excited about the launch of our BIF Platform, as we are unwavering in creating and providing a digitized smart ecosystem and solution where all MSMEs could easily access secured blockchain-powered technologies and applications to rapidly adapt to different business scenarios. Going forward, we will continue focusing on the development of our blockchain technology and infrastructure to provide comprehensive solutions to all our users with various needs,' commented Handong Cheng, Chairman and Chief Executive Officer of ZW Data.
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.”
8/17/21 - “The company reported $14.55 million in sales this quarter. This is a 39.69 percent increase over sales of $10.42 million the same period last year.
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. “
Big day and days ahead here ready to roar, chart consolidation complete, Sales were up 40% even before the blockchain platform launch, all imo
This is a blockchain play (especially when BTC is running). Historically it’s lagged with accumulation taking weeks/months. Plan B and the S2F model has BTC at 100k by EOY. Obviously just a model and anything can happen but he’s been pretty accurate. If* BTC runs that hard into 2022 (top for this cycle can possibly be Q1-2 2022) this will rocket. It’ll take time, just look out for volatility and don’t get shaken out. We’ll likely hand in this area for a bit to tire out bored traders. Just my opinion, anything can happen. Just something to pay attention to.
No problem. Weight being put on the ask is telling when there is not a high short percentage IMO. But enjoying watching it play out. They keep flashing it like they are short. Kinda weird.
Im waiting, and slowly accumulating on any dips... if it rips im all good. At these levels not too much risk "yet"
However that large volume spike shows something brewing.
Thanks for the articles, looking through.
Looks like a shift in China stocks in general. L2 showing someone trying to put the breaks on this one.