Color Star Technology Company Ltd (ADD)

[eyeownu]

$ADD accumulation taking place?

[eyeownu]

$ADD We are an entertainment and education company which provides online entertainment performances and online music education services via our wholly-owned subsidiary, Color China Entertainment Limited (“Color China”), and education service carried out via our wholly-owned subsidiary CACM Group NY, Inc. (“CACM”).



Color Star Technology Co., Ltd. (formerly known as Huitao Technology Co., Ltd.) was founded as an unincorporated business on September 1, 2005, under the name TJS Wood Flooring, Inc., and became a C-corporation in the State of Delaware on February 15, 2007. On April 29, 2008, we changed our name to China Advanced Construction Materials Group, Inc.



On August 20, 2018, CACM Group NY, Inc. (“CACM”) was incorporated in the State of New York and is wholly owned by us. The establishment of CACM was to expand the Company’s business in the U.S. CACM has not commenced operations.



On December 27, 2018, we consummated a redomicile merger pursuant to which we merged with and into our wholly-owned subsidiary, China Advanced Construction Materials Group, Inc., a newly formed Cayman Islands company and the surviving entity in the merger, pursuant to the terms and conditions of an Agreement and Plan of Merger adopted in July 2018. As a result of the reorganization, the Company is now governed by the laws of the Cayman Islands.



On July 16, 2019, upon effectiveness of the Company’s amendment and restatement of the Company’s memorandum and articles of association (“Amended and Restated Memorandum and Articles”)_which was approved by the Company’s shareholders, the Company’s name was changed from China Advanced Construction Materials Group, Inc. to Huitao Technology Co., Ltd.



On December 31, 2019, we entered into a share exchange agreement with Sunway Kids International Education Group Ltd. (“Sunway Kids”) and its shareholders. On February 14, 2020, the Company consummated the acquisition of Sunway Kids whereby we issued 1,989,262 ordinary shares and $2 million of cash to be paid in exchange for all of the issued and outstanding capital stock of Sunway Kids. The $2 million cash consideration is payable in five installments over five years according to an earn-out schedule. Sunway Kids thereby became our wholly-owned subsidiary. Sunway Kids was established on February 29, 2012, under the laws of the British Virgin Islands as an offshore holding company. On August 23, 2018, Sunway Kids established its wholly-owned subsidiary, Brave Millenium Limited (“Brave Millenium”) under the laws of Hong Kong. On December 4, 2019, Brave Millenium established Chengdu Hengshanghui Intelligent Technology Co., Ltd. (“Chengdu Hengshanghui”) in China as a wholly foreign owned limited liability company (the “WFOE”). On December 9, 2019, Chengdu Hengshanghui entered into a series of variable interest entity agreements with Chengdu Hengshanghui Education Consulting Co., Ltd. (“Hengshanghui Education”). Through Sunway Kids and its variable interest entity Hengshanghui Education, we were engaged in providing education and health services to day-care and preschools in China.



On March 10, 2020, CACM entered into a certain joint venture agreement (the “JV Agreement”) with Baydolphin, Inc., a company organized under the laws of New York (“Baydolphin”). Pursuant to the JV Agreement, CACM and Baydolphin established a limited liability company under the laws of New York, Baytao LLC (“Baytao”), which was intended to be the 100% owner of one or more operating entities in the U.S. to engage in the business of online and offline after-school education.

[powerbattles]

Looks good!

[glenn1919]

ADD............................https://stockcharts.com/h-sc/ui?s=ADD&p=W&b=5&g=0&id=p86431144783

[Awl416]

Oink oink

[willlbone]

What news?

[glenn1919]

ADD.............................https://stockcharts.com/h-sc/ui?s=ADD&p=W&b=5&g=0&id=p86431144783

[glenn1919]

ADD................................https://stockcharts.com/h-sc/ui?s=ADD&p=W&b=5&g=0&id=p86431144783.

[griffygriff3]

Any idea what news we're awaiting? Meanwhile our share price has entered the gates of hell. Where is the support?

[b4ucry]

Ticker change to $ADD. Big things coming.

[mining101]

What happened?

[MASTERULTRA]

Holyshit they invested in a project cost $80million dollars from Feb. 2021 .... they said, it will take 16 months to complete. Watch for a MEGA UPDATE...

[tw0122]

CSCW low float Metaverse phone back to the $5 road

1-Month High 5.5200
14 Day RSI at 70% 5.1679
Pivot Point 3rd Level Resistance 2.6333
Pivot Point 2nd Level Resistance 2.3167
Pivot Point 1st Resistance Point 2.0533
High 2.0000
Last 1.7900


resist. 5.37
resist. 4.73
resist. 3.57
resist. 3.05
supp 1.59
supp 1.28

[slicknick617]

I cant remember what I read but there are supposed to be more catalysts coming starting in the middle of this month.

[Golden Cross]

dont think it is done yet imo

[slicknick617]

Is this just filling the GAP and going back up or is it done ?

[Funnyguy148]

bought at $1.62 lol now i'm holding

[Golden Cross]

What is with the HHT symbol here on the board

[J0L]

CSCW thread…big run coming soon

$CSCW tell me why this is trading at a $7.7M market cap right now? End of 2021, shareholder equity was $100M with nearly $8M in cash. pic.twitter.com/l1xbfiY1IS

— J0L (@JolTrades) October 1, 2022

[StockLogistics]

Anything can happen, groups from Eastern Europe and Asia can try to start a rally based on nothing except low float just for fun and laughs (and money laundering), while investors lose trust after the theft they are left to wonder what is happening, highly speculative, Williams indicator predicts 9/30

[Pegaso]

News

[George1234]

What next? Any chance of bouncing back? RSI is too low

[StockLogistics]

I didn’t expect the share registration unfortunately, the chart opportunity was there and they flushed it down the toilet

[Pegaso]

Impressive. You were very accurate with this.

[mining101]

No big deal if you got enough volume

[BEIJING BILL]

.078 BONZAIIIII its tiger feeding time. Walls are melting

[BEIJING BILL]

can it breeeek 7 pennies chee chee cheee

[CyrusDaVirus]

I like what I am seeing

[StockLogistics]

Increase From 140 million to 280 million OS if all warrant options are purchased at .08, RS soon imo

[wickerman]

$CSCW what's the float now for this garbage 1B?

[Arnold25764]

What's the reason for the gap drop on this one?

[StockLogistics]

BS 140 million share dilution https://www.otcmarkets.com/filing/html?id=16081315&guid=f0--knz3_sGvJth

[StockLogistics]

It can get back to 1.00 imo near term, keep making deals and progress

[mining101]

CSCW and off we go

[StockLogistics]

Usually stocks have a natural surge after 6 months

“8:30a ET 8/23/2022 - PR Newswire
Color Star Technology and Emirates Travellers' Festival form a partnership, with international political and business leaders in attendance

Color Star Technology Co., Ltd. (Nasdaq: CSCW) ("Color Star" or the "Company"), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, today announces that it has formed a strategic partnership together with Emirates Travellers' Festival and has held a grand ceremony in Dubai. The event was attended by international leaders from all walks of life, including Awad Mohammed bin Sheikh Mujrin, a member of the Royal Family, and the Korean ambassador to the United Arab Emirates, etc., which made the event a great success.

https://mma.prnewswire.com/media/1882458/8A5B8088_E16C_46B2_AF5B_E420CE9D96E4.jpg

It is reported that on the day of the event, Mr. Farhan Qadir, the CEO of Color Star, showed his great hospitality to every guest, and also introduced Color Star and the Color World Metaverse software in detail. Muhammad Ahmed Khan, the person in charge of Color Star's technical team introduced the R&D and contents of the Color World Metaverse on stage, and explained the planning and designs of the software one by one, which made the guests feel the strength and professionalism of Color Star. Mr. Qadir said: "As the CEO of Color Star, I am very happy to be able to experience the charm of our metaverse software with everyone here. Under the challenging global business environment, the combination of artificial intelligence and entertainment allows the Company to fully utilize its resource advantages, create a global celebrity entertainment platform, experience the charm of technology in three dimensions, and make more people willing to spend time staying in the world of color, which is very difficult and requires our technical team to be even more excellent and hardworking. So, for the achievement now, I am very thankful for the team's efforts, and as the CEO, I will also be putting more of my business experience and resources into the Company in order to deepen and develop more virtual scenes, NFTs, etc., so that Color Star can occupy the forefront of the technology entertainment world faster and more steadily. I will also give 100% effort to work side by side with my team to make Color World Metaverse better and more comprehensive, and also try to guarantee our market value to increase steadily all the way so that our partners and stockholders can reap more business value."

https://mma.prnewswire.com/media/1882459/0D1F0515_54D4_439D_AD7F_7596311DA4F8.jpg

The partnership between Color Star and Emirates Travellers' Festival was the focus of the day's event. Everyone is also very interested in the future collaborations between the two sides. Next, Emirates Travellers' Festival will be entering the metaverse. The Color Star team will not only design and build the world's first metaverse headquarters for the Company, but also work on more metaverse-related collaborative projects.

The main core of the Color World Metaverse platform lies in artificial intelligence and celebrity entertainment, with a goal to change life through technology. And as such, Color Star will introduce to the world a new unique business model and profit point. Founded in 2012, Emirates Travellers' Festival is the world's largest gathering of travelers and explorers. After partnering with Color Star, the two companies will cooperate not only in travel but also in other businesses, both physical and online.

Color World Metaverse has now successfully attracted many established international enterprises to join its platform and have a corporate headquarters in the metaverse built for them. This has become the biggest feature and highlight of the Color World metaverse. At the same time, the team is actively enriching the contents of the software and introducing the combination of physical and digital products into each enterprise's metaverse headquarters. After logging in, members of the metaverse may choose to consume, shop, or experience all the other entertainment features, all of which will be greatly improved upon to meet everyone's entertainment needs. Moreover, Color Star's aim for its software is very clear: Color World Metaverse has the digital economy as its business focus, so that the business enterprises and users in the metaverse can both benefit from each other. Enterprises rely on individual users for brand digital marketing, while users rely on enterprises to offer a personalized targeted marketing to form a closed-loop chain, which is what Color Star hopes to see, and will undoubtedly become a major selling point in promoting the metaverse. Color World Metaverse is already available on all major app stores. Users can search the name to download the app immediately.”

[StockLogistics]

Charts overdue, back to .26 on success of online mall imo

[M-invest]

I sold out .175 , again my order filled .13 , buy time

[INFINITI]

Load up

[INFINITI]

Looks good here I’m In

[mining101]

Big day tomorrow

[PennyPusher786]

Lol company email is at Gmail.com on Google Play Store... how do you trade on Nasdaq and have your company email on GMAIL.. there's no law against doing such... but it's very reflective of why the share price has been feeling since launch and has failed to exit these levels.... so pathetic, every time I invest in this ticker I either sit on losses or sell for losses...

[PennyPusher786]

This piece of trash gets no volume for Months and then one measly day of a 2 hour push

[PennyPusher786]

Let's GO POS move... up... lol

[PennyPusher786]

Wellll, that lasted pretty long... LOL

[PennyPusher786]

When I see it break .20 and hold gains... this morning it nearly made a 100% move, but it didn't hold very much of it...

[PennyPusher786]

I'll believe it when I see it....

[StockLogistics]

Why did this stock wait 24 hours to increase on news?

“8:34a ET 6/14/2022 - Benzinga
Color World Opens Shopping Mall, Metaverse Introduces New Method Of Entertainment Shopping”

This is happening a lot lately with other stocks, they are either increasing for no stated reason, or waiting an entire day to react positively to news. It’s as if a pump and dump crew is 24 hours behind in their attention span, or can only pump up so many stocks per day that they now have a backlog.

[mining101]

Breakout

[mining101]

Moving up out of the range

[Arnold25764]

Reverse split cancelled?