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CLEU.........................https://stockcharts.com/h-sc/ui?s=CLEU&p=W&b=5&g=0&id=p86431144783
CLEU: effective Jan. 19,2024 a one for 15 reverse split:
https://hedgefollow.com/upcoming-stock-splits.php
CLEU................................https://stockcharts.com/h-sc/ui?s=CLEU&p=W&b=5&g=0&id=p86431144783
CLEU.......................https://stockcharts.com/h-sc/ui?s=CLEU&p=W&b=5&g=0&id=p86431144783
Mainland Chinese companies are notorious form Scams.
Warning: This Scam company might be shut down soon.
The founder and CEO was a high school graduate. She was a clothing worker before found this school. LOL!
Management Team
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Ngai Ngai Lam
Chairperson of the Board and Chief Executive Officer
Ms. Ngai Ngai Lam has served as the chairperson of China Liberal Beijing since January 2015. She has over 25 years of experience in business and has led the growth of China Liberal Beijing since 2015, growing it from a company solely focused on Sino-foreign jointly managed academic programs to one that provides comprehensive educational services with multiple business lines. Ms. Lam graduated from Shishi City Hanjiang Middle School in Fujian, China in 1983.
http://ir.chinaliberal.com/overview.html?type=management
Not that I care but was there a filing or something
That 1.2m dump at $2 yesterday just be relieved
only 100k shares remain shortable,2.2M started today,not optionable either,could see epic run if they let her go
wow,nice KA-BOOM,shares to short dropped 1000%,they might lett her run
buy vol/up 57Xs today,shares to short just dropped 50%,fantastic trend
Yes I do!
Glad you’ve had some good winners.
CLEU
Bought back ATLX at 26 1500 shares and sold at 41 great profits. You know about the next Lithium, just rounding up my winners for now to see what my next move is. I do have one love story here and you know which one that is.
I had just bought one single share to monitor it lol I saw what happened.
Thank you!
Didn't see the drop I was expecting, I thought it was going to dump real hard, thinking its a Chinese play, but read somewhere, Reddit is on top of it, so I took 420 shares between 45-46 yesterday, doubled.
Great TOP is huge today congrats Dino !!
Thanks
I am in TOP and a few others.
No good anymore?
CLEU
I know, I saw it last night.
Cancelled merger last night
Huge news incoming 5-7 billion dollar merger with EV Car Maker Aiways.
Looking for news and run, chart ready
“Revenue increased by 47.9% year-over-year to $2.74 million for the six months ended June 30, 2022 from $1.85 million for the same period last year.”
5.5 million annual revenue at that rate and 15.85 OS. Chart Gap at .64 cents. 9/7/22.
Right so the higher the price the less dilution, imo it is in shareholders interest to increase the price at any opportunity to reduce the dilution of the shares they already own, could be a genius strategy since it makes buying and holding a win win in theory.
I think there is a bit more to it, plus the shares will restricted for 6 months to a year. What will be the value of the newly issued shares? I think a acquisition of that size is likely to be handled like a RM. We will see. CLEU may also know their shares will be worth a lot more than they are now, for the 30 days prior to closing.
“ On the closing date of the Acquisition, all the equity interests of Aiways will be converted into the ordinary shares of ListCo, in each case based on the applicable conversion ratio that will represent an aggregate number of newly issued ListCo's ordinary shares equal to the Equity Value divided by the volume-weighted average price of ListCo's ordinary shares as quoted on Nasdaq for a 30 trading-day-period prior to the date of execution of the definitive agreement. ”
China and other Asia countries reopening soon after CoVid as per Bank of America, governments seeking to curb that massive oil demand (85% of global demand from Asia) to avoid global depression, via investing in EV companies and ramping up production quickly, Cleu (Clue in, provide message, breaking news) and Cenn (CNN), both on TV (2022), this is the reason for the drastic changes from education and fashion companies to EVs.
I never heard the $17 to $20 a share for CLEU Shareholders until today. Of course the Aiways merger was announced with no details, but a share swap, at least as far as I know.
I never heard the $17 to $20 a share for CLEU Shareholders until today. Of course the Aiways merger was announced with no details, but a share swap, at least as far as I know.
Rumor? It was actually news days ago.
Rumor on Stocktwits is it’s an RM with Aiway at $17.00 to $20.00 a share for CLEU Shareholders:) that would be sweet, but?
Just an FYI, no one issues 6 billion shares to buy a 6 billion dollar company, they issue Preferred that are restricted or a combination of Preferred and Common all restricted and probably not exercisable until the PPS is $25.00+ or whatever.
The shares they use will be restricted, plus the majority will probably be preferred and not show up in the OS.
Every sell is just more shares to pay for the 6 billion why would people want the share price to be lower makes no sense, this company needs the share price to be as high as possible imo what are they going to have 7 billion share float? There is no way that is the strategy, nobody wakes up one day as a China education company and decides to raise their OS to 7 billion to buy a euro EV car company. There has to be another part of this story.
It is a zero sum game in regards to the value of CLEU, 6 billion shares at 1.00 a share and adding 6 billion company, unless factoring in the PE forward expectation of growth for the new company being bought, which therefore should raise the share price in theory, they should do a reverse split Monday and lower the shares now to get the SP to spike very high prior to the purchase so the dilution is less than 6 billion new shares that would be ridiculous, a 100:1 reverse split makes the Shareprice 100, but then how many shares are left over for a short time before the completion of the deal, they would run out of shares and cause a major spike I think. Maybe that is what they intend to do.
Whatever the shareprice is that will determine the number of shares exchanged for the deal, the higher the Shareprice the less the shares provided, the lower the shareprice the more the shares have to be provided to complete the deal, it is in investors interest for the Shareprice to be high so less shares are required to complete the deal, which is why it makes no sense to me why people would sell because they are only lowering the shareprice to require more shares, if the shareprice was 6 billion a share then they would provide one share and virtually no dilution therefore. They should get the shareprice to at least 100.00 so when the deal completes they only add 60 million to the OS.
Lol, there was a short attack. It’ll rebound.
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: | China Liberal Education Holdings Limited (Nasdaq: CLEU) ("China Liberal", the "Company", or "we"), an educational services provider in China, providing, among other services, smart campus solutions, today announced that the Company has cooperated with some enterprises to provide graduates with internship and employment services (the "Services"). |
On August 24, 2021, more than 200 students recommended by the Company participated in an internship interview at a wholly owned subsidiary of Fuyao Glass Industry Group Co., Ltd. (SHA: 600660) ("Fuyao Group") in Tianjin. Fuyao Group is a large multinational company specializing in the manufacture of automobile safety glass and industrial technical glass. Among the 200 students, 130 passed the first round interview and will enter the second round interview to be conducted soon.
So far, the Company has established partnerships with a dozen institutions including Hebei Youth Management Cadre College, Xuanhua Vocational College of Science and Technology, Shijiazhuang Vocational College of Economics, and Shijiazhuang Vocational College of Science, Technology and Engineering. The Company has helped about 300 students to successfully obtain internships or full-time positions from well-known companies such as Semiconductor Manufacturing International Corporation, JD Logistics, BOE Technology Group Co., Ltd, Meituan, Huadong Medicine Co., Ltd., Beijing Chunfeng Pharmaceutical, and Beijing North China Zhixing Kindergarten. It is estimated that the total number of students to be served this year will be over 500, which will be five times the number of last year.
The 19th National Congress of the Chinese Communist Party advocated for the improvement of vocational education and training system, the integration of industry and education, and school-enterprise cooperation. Vocational education is an important foundation for cultivating technical and skilled talents, promoting employment and entrepreneurship innovation, and promoting the level of manufacturing and service in China.
Ms. Ngai Ngai Lam, Chairwoman and CEO of China Liberal, commented, "We are committed to providing graduating students with tailored job readiness training, acting as the key bridge between our partner schools and employers. We expect this line of our business to achieve geometric growth in the next few years and become a new revenue growth point of the Company. With the continuous introduction of favorable policies for vocational education and the integration of industry and education, we expect to seize this important opportunity and leverage our experience in the internationalization of vocational education as well as the integration of industry and education. Looking forward, we plan to actively promote the construction of a big data platform to assist college students with internship and employment search, explore a new model of school-enterprise ordering classes, and cooperate with enterprises to cultivate future-oriented innovative talents."
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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