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90% went to the new company. That means the original block owns 10% plus 2.5 million preferred shares. All free trading. Buh bye
This stock is going to do a run to about $1.00 before dropping like a lead balloon.
Scam Alert****
First they reversed split and wiped out the investors who believed they were going into a real business expansion. Question, where is all the revenue from their parlor in SLC and the the parlors in Japan?
So they wiped out the investor little guys who supported them, but did not affect their protected shares. Next they forward split which benefited only them, then they make a bogus deal with Guana Bat. So what ever happened to the gaming guru they hired last year to lead them to open (pachuko LOL) parlors across the USA????
Scammers, avoid at all costs!! And cost you it will.
Any SEC folks reading this?
Pursuant to the terms of the acquisition agreement, GuanHua now owns and controls a total of 90% of all of CMKI's issued and outstanding shares upon the completion of this tax free transaction.
Press Release: September 20th, 2016 Monday 9:45 AM eastern
GUANHUASOFT CO., LTD (“GuanHua”) a Taiwanese developer and manufacturer of casual casino games and 3D Animation products distributed worldwide, was acquired by (CMKI) CMK Gaming International, Inc. a publicly traded company listed on the OTC-BB-PK and traded under the symbol (CMKI).
Pursuant to the terms of the acquisition agreement, GuanHua now owns and controls a total of 90 % of all of (CMKI)’s issued and outstanding shares upon the completion of this tax free transaction. In connection with this transaction, CMKI recently effected a 100 for 1 forward stock split.
GuanHua is a successful developer and manufacturer of casual casino games with revenue in excess of US$ 6,000,000 for its last fiscal year. It had developed approximately 30 proprietary new games by 2014 and creates at least 4 additional games per year, many of which are distributed worldwide.
GuanHua also has a presence in the Mobile Gaming market, with casual casino game titles on the App Store. GuanHua is working in conjunction with IAH Games in Singapore to publish a major title in the fourth quarter of 2016.
GuanHua is negotiating a loan commitment of US $5,000,000 from Worldwide Capital Group, Ltd., Hong Kong, which would then be available for use to further expand into the casual casino gaming industry, including worldwide lottery, horse racing, soccer and similar casino mobile apps related products and to acquire other attractive online gaming operating companies.
GuanHua is also in the process of securing additional financing commitments which when finalized, will further enhance its ability for internal and external growth.
FORWARD LOOKING STATEMENTS
This press release includes forward –looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements, based upon the current beliefs and expectations of Guanhua Group management, are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements.
Here is the link to the reverse
http://www.otcmarkets.com/otciq/ajax/showNewsReleaseDocumentById.pdf?id=22095
So they are now going into gaming by the looks of things. Given the crew that put the deal together, this should be a very quick ride up.
well they accomplished two things. First they wiped everyone out and secondly they make a killing off their non diluted stock.
well done fellas. my, you really instilled some confidence this time around... again. say, who is getting the oil income?
I am expecting a killer income statement... those gaming parlor revenues are piling up... time for acquisitions and expansion.
guess you got that pr just about ready to release.
100:1 FORWARD SPLIT Effective 9/15/16
http://otce.finra.org/DLSymbolNameChanges
The old FINRA links let users scroll through to a particular date....so much easier than now. Just click the tiny calendar beside Daily List Date Range, then click the date. If a previous month just click the back arrow to the month desired then click the specific date.
Thanks Wild Bill. That reminds me, I saw on the news that Utah has a new law that exposes scamsters especially those dealing with publically traded stock. It is kind of like a website that exposes child molesters in your neighborhood. Sorry, I cannot think of the website. I will google for it later.
There hasn't been nearly enough money stolen
nor interest generated for SEC attention, they have many more much bigger fish they haven't gotten to yet. It couldn't hurt to report them if you wish.
To answer your previous question, when you click on Renee's Finra link you'll get tha activity for the current day. Resetting the date to the day of her post will show you the listing for CMKI.
AH OK, what a scam here... as usual in the pinks.
Their financial statements are a joke. Bet it took them
all of 20 minutes to prepare them.
So, I wonder what happened to the income from the 10 or so Pachenko parlors they own in Japan???? They now have assets of $4000, and no material information filed with the SEC or any info regarding the sale of assets? Think this needs to be turned in to the SEC.
Ha, that wasn't the pps then,
that was 11 cents worth of volume for that day, it was also sarcasm.
how awesome now huh?
I can't find it on your link. Just a couple days ago they reversed.
CMKI one for 3,000 reverse split:
http://otce.finra.org/DLSymbolNameChanges
CMKI, Annual report:
http://www.otcmarkets.com/stock/CMKI/filings
More due diligence is called for. They are on to a good thing if they can just put it together. These pinks though, never know if they are serious about business or just into the scamming business. Happy Holidays, signing off.
No idea...I got one phone call they answered and she said she would have CEO call me back. Never got through again...apparently it was one random filing for some reason.
Has that Kachinco thing game store opened yet in SLC? Or all big talk which could be the reason there is no news... no product=no real news.
Nothing here I see, not even some BS!! Dead Cow or what? Anyone have any insight?
If more filings come out showing the revenue, this will explode with this SS.
Wow...someone's really selling some cheapies today.
Need something soon. This one is extremely thing. I'll be holding till payday...imo it'll come soon.
Kinda hoping 4 some news and action tomorrow.
Well I hope this is not a trend waiting on news real soon.....
I own over 4 mill shares now just in case, ya never know what or when it's gonna do something. Hope it is something really good. GLTA .
Do you own more than the float?
Well I own more than the float traded today, and Thursday and Friday maybe some news will come out this week or filings something has to happen just hope it is going in the right direction.
Good info, thanks!
...she said on Thursday they were working on the filing at this time.
Someone's lucky enough to get some 3s!
Nice bid 500k at 0,0038
I had called Thursday and a lady by the name of Elaine picked up the phone. She said everyone was gone by the time I called (5:30ish) but they would call me back yesterday. They never called me back but she said on Thursday they were working on the filing at this time. Will be interesting to see if they do, and what the financials look like.
Good to see you here Axel! I have to disagree though. Revs of $3.5mill for the 9 months is impressive (considering most of these stocks trading over .01 don't have that)...and believe the expenses portion could easily decrease. They have almost $500k listed as other which could decrease, depreciation listed as $786k , and a few other items that could decrease. They also were planning on moving some parlors into the U.S which although would be expensive could help the bottom line moving forward. The fact that they turned a net profit and are sitting at .005 is impressive IMO!
You never know why those pinkies file. Could be a new guy who thinks it is his task to prepare the filings. Then he moves on or is assigned something else. Worst case the company needs to print paper.
I'll taking the chance of the best case and will be looking for a decent entry on Monday
I think they will. If results improved I don't know. But why filing if business is dead? I expect we'll hear something soon, at least I hope so
You think they will continue to file this time and with improving results? 150k for 9 months not extremely impressive at .0050 and 300m OS
I wonder why they didn't deduct interest paid and the other expense from net profit
Yes, company filed last week Q3 2014, showing 140k net profit. I think we will see more filings soon and problably news. If profit continues, coul be a nice runner. Float is unknown, but the way it trades is is very low.
Sure. Adding on dips. Can go wild with news.
We could be golden here with CMKI if revenues have continued!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=118660221
So many stocks are trading in pennies that have larger floats, and no revenues. This one is an easy buy...$3.5mill revs...roughly 1-15mill float. Profitable and with possible news coming. Insane opportunity id be surprised to see this under .01 by end of next week.
Next catch-up filing should see a good pop if they show continued huge revenues and earnings...
CMKI-- this one needs a little nudge back in the right direction
MMs pushing it up here!
If it dips further I'll be adding again here.
If they want to become current, they should file a disclosure statement. Then we'll know.
According the the filing yesterday float was roughly 1 mill. About 50mill that could convert though. So I'm guessing float right now prolly 10mill or so. Just a guess though.
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Guanhua is the world's premier publisher and developer of multiplayer online games. Established in 2002 in Taichung, Taiwan, Guanhua goal to become the leading 3D animation production company and successful online game developers. Today Guanhua well positioned in Asia, North America and European markets, and expand their sphere of influence to provide excellent products and operating authorization success around the world.
Guanhua fore, in 3D animation and game industry by adhering to focus on innovation and fun, for the company mission. With commitment to innovation is different from the market in the Video 3d Games Popular products, Guanhua has left an indelible mark in the gaming industry.
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