Concordis Group Inc (CNGI)

[Potse]

CNGI(.60)...added to my position......

WYLIE, TX / ACCESSWIRE / April 21, 2022 / CNGI (OTC PINK:CNGI) has signed an LOI to acquire a profitable SaaS software company. The acquisition is of a cyber security provider for the US Department of Defense and Fortune 1000 Companies. Upon closing of the software merger CNGI will immediately position to apply for a NASDAQ listing.

Post NASDAQ listing, CNGI will spin off its real estate operating subsidiary as a separate company, leaving CNGI as SaaS software pure play platform. CNGI shareholders will benefit as shareholders in both separately trading companies.

CNGI is pleased to announce the addition of two executives to its organization. Joining the CNGI Board of Directors is Edward Berndt who will assist in developing CNGI as a SaaS Cyber solutions software platform. Ed Berndt brings four decades of experience in information technology and organizational transformation to the firm most recently as SVP and Chief Customer Officer at Aspect Software and over fifteen years as a Services SVP with EMC which was acquired by Dell. https://www.linkedin.com/in/edward-berndt-0165661/.

Also joining CNGI is Dick Suedkamp, CPA, a Managing Director with CFGI, who will serve as CFO and manage the Nasdaq listing process. Dick brings over twenty years of accounting advisory and CFO experience to the table, including stints at Deloitte and PricewaterhouseCoopers. linkedin.com/in/dick-suedkamp-948027b

I have increased my position in CNGI since my previous post, with purchases in the 21-60 cent range (did sell a small amount at 70 cents recently). It probably would be more prudent on my part to wait until details of how the reverse merger will be structured are disclosed before adding at these higher prices. Spinning off the current business after the Nasdaq listing makes it pretty hard to guess at how this will be structured, and makes it difficult to determine if I am getting good value or overpaying at this price. But I decided to cross my fingers a bit here and take a chance.

It continues to be fairly difficult to accumulate sizable blocks. My gut feeling is once the trading resistance around this 50-70 cent area clears out and any sizable buying interest starts moving into the stock things might get a bit interesting. Considering how this stock trades, the potential for some wild movements in the share price would certainly seem to exist here.

Based on the LinkedIn account of new Director Edward Berndt, the cyber security software company that he seems very interested in recently is Eclypses Inc. It would seem logical to me that Eclypses might be the proposed RM target mentioned in the letter of intent. If Eclypses is indeed the target, it does looks like a pretty interesting company with good growth potential......

https://eclypses.com/
https://www.linkedin.com/in/edward-berndt-0165661/

[Potse]

CNGI(.60)...added to my position......

WYLIE, TX / ACCESSWIRE / April 21, 2022 / CNGI (OTC PINK:CNGI) has signed an LOI to acquire a profitable SaaS software company. The acquisition is of a cyber security provider for the US Department of Defense and Fortune 1000 Companies. Upon closing of the software merger CNGI will immediately position to apply for a NASDAQ listing.

Post NASDAQ listing, CNGI will spin off its real estate operating subsidiary as a separate company, leaving CNGI as SaaS software pure play platform. CNGI shareholders will benefit as shareholders in both separately trading companies.

CNGI is pleased to announce the addition of two executives to its organization. Joining the CNGI Board of Directors is Edward Berndt who will assist in developing CNGI as a SaaS Cyber solutions software platform. Ed Berndt brings four decades of experience in information technology and organizational transformation to the firm most recently as SVP and Chief Customer Officer at Aspect Software and over fifteen years as a Services SVP with EMC which was acquired by Dell. https://www.linkedin.com/in/edward-berndt-0165661/.

Also joining CNGI is Dick Suedkamp, CPA, a Managing Director with CFGI, who will serve as CFO and manage the Nasdaq listing process. Dick brings over twenty years of accounting advisory and CFO experience to the table, including stints at Deloitte and PricewaterhouseCoopers. linkedin.com/in/dick-suedkamp-948027b

I have increased my position in CNGI since my previous post, with purchases in the 21-60 cent range (did sell a small amount at 70 cents recently). It probably would be more prudent on my part to wait until details of how the reverse merger will be structured are disclosed before adding at these higher prices. Spinning off the current business after the Nasdaq listing makes it pretty hard to guess at how this will be structured, and makes it difficult to determine if I am getting good value or overpaying at this price. But I decided to cross my fingers a bit here and take a chance.

It continues to be fairly difficult to accumulate sizable blocks. My gut feeling is once the trading resistance around this 50-70 cent area clears out and any sizable buying interest starts moving into the stock things might get a bit interesting. Considering how this stock trades, the potential for some wild movements in the share price would certainly seem to exist here.

Based on the LinkedIn account of new Director Edward Berndt, the cyber security software company that he seems very interested in recently is Eclypses Inc. It would seem logical to me that Eclypses might be the proposed RM target mentioned in the letter of intent. If Eclypses is indeed the target, it does looks like a pretty interesting company with good growth potential......

https://eclypses.com/
https://www.linkedin.com/in/edward-berndt-0165661/

[Potse]

CNGI...increased my position......

Added a few shares at 10 and 25 cents today. I think 25-30 cents is the most I have ever paid for CNGI. Currently holding 334K shares at an average of .0464 per share. Although it is a low-float kind of situation here, I'm still somewhat surprised at just how difficult this stock can be to accumulate at times.

It looks like management is hinting at possible increased corporate activity in the future, and seems intent on maintaining CNGI's filing obligations. The statement about "exploring capital investments" and "listing on a major exchange" got my eyebrow to raise a little bit, considering Joseph Donahue's 40-year background in corporate finance.

Definitely high risk, but certainly seems like a very interesting/intriguing stock heading into the new year of 2022.

WYLIE, TX / ACCESSWIRE / November 30, 2021 / CNGI is actively seeking profitable growth company acquisition candidates. CNGI is exploring capital investments from various funding sources to combine with registration statement for listing on a major exchange.

CONTACT:

Joseph Donahue (Corporate Finance Director; Investor Relation)
211 Regency Dr
Wylie, TX 75098
214-810-3419

https://www.otcmarkets.com/stock/CNGI/news/CNGI-News-Release-Regarding-Acquisition-and-Funding?id=333352

[MadeBucksOnThis]

"I probably look at the profile page at least once every week or two and this was the first time I noticed something was different about the address. Strange that the Google cached page from more than a month later would not reflect the changes. I guess from this point forward I should no longer place complete trust in the accuracy/dates of cached pages from Google."


yea, I watch all profile pages, every 15 min or so its a lot to keep up with

if you ever have questions, let me know.

MBOT

[Potse]

MadeBucksOnThis...thanks for the info......

21st of March

Apparently my eyes are either failing me or I'm simply becoming very lax in my attention to detail. Or some kind of combination of the above.

I probably look at the profile page at least once every week or two and this was the first time I noticed something was different about the address. Strange that the Google cached page from more than a month later would not reflect the changes. I guess from this point forward I should no longer place complete trust in the accuracy/dates of cached pages from Google.

[MadeBucksOnThis]

21st of March

[Potse]

CNGI(.20)...risk/reward continues to look interesting......

Although the previous reverse merger did not get completed, I continue to think that the CNGI shell offers a very interesting risk/reward right now. This stock is pretty much off the radar screens of most shell investors. Definitely high risk because of the dark status, but there is also obvious potential for some explosive moves if catalysts appear here.

I remain optimistic that Joseph Donahue will eventually complete a reverse merger for the CNGI shell, and the patience this investment has required will be well worth it......

https://www.linkedin.com/in/joseph-donahue-75487b4/

One thing that has caused my eye-brow to raise just a little bit is the very recent change in address and phone number on the OTC Markets profile for CNGI. I am unsure of exactly when these changes occurred, but it is possible this happened sometime within the last week or so (perhaps within the last few days). I recall checking the profile page sometime last week, and I am almost positive there were no changes at that time.

It appears the changes occurred sometime after April 28. A Wayback Machine search of the most recent archived profile page doesn't provide a functioning site, but below I have provided a screenshot of Google's cached page from April 28, and it shows the old address/phone.......

http://webcache.googleusercontent.com/search?q=cache:PS8abactckYJ:https://www.otcmarkets.com/stock/CNGI/profile&hl=en&gl=us&strip=0&vwsrc=0

[Potse]

CNGI(.11)...finished accumulating a position.....

Picked up 14K shares at .11 today to finish accumulating a position in the CNGI shell. The outstanding share count was verified on the OTC Markets profile last Wednesday, which is the first time in a number of years. The update showed no change in the share count, so I view that as a potentially encouraging sign.

https://www.otcmarkets.com/stock/cngi/profile

[Big Brother]

I would not be surprised if they ran into a problem with KICK, and are now using CNGI to attempt to RM into. That's why I don't care for those tickers that have not had any filings in eons, those frequently have TA issues, or some other skeletons in the closet that kill the mergers.

I really never understood the concept of quality companies using long, defunct tickers for their RM's, if you can afford it, buy a clean, REPORTING shell, there are plenty of them out there, and they are not that expensive....but for whatever reason, many choose to go this route.

In any case, looks like you and others who got in sub- .02 are already in very good shape, and if it pans out to be legit, could be golden. I do see that they claim to have a registered capital of $200M yuan, that's definitely on the higher end of what I've seen in Chinese OTC RM's, in fact I can only think of a couple off-hand that had a larger registered capital than that, at least in the last several years.

[Potse]

Big Brother...increased my CNGI position this week.....

I added another 49K to my position this week in the .07-.075 range. It increased my overall average cost basis quite a bit, but I really like the potential risk/reward on the CNGI shell at prices under 10 cents. Currently holding 259K shares at an average under .0236 per share.

It is definitely high-risk (like most shells or reverse mergers) until more information regarding the shell's status becomes available. But I think there is a decent chance that the CNGI shell is relatively clean, and it certainly "feels" like the share structure is reasonably low/tight.

I have no idea if CNGI is now connected (either directly or indirectly) with Huayingbao Group, but if it is I think this has the potential to get pretty interesting. It is possible that Huayingbao could use the CNGI shell to go public if they decide not to use the KICK shell. Or the CNGI shell could be use to bring one of Huayingbao's companies/clients public.

HYB Cuisine is a new restaurant chain established in 2019 that Huayingbao is involved with. Based on the development plan timeline provided on the HYB Cuisine website, it appears that Huayingbao Group intends to go public via a reverse merger sometime in Q4 2020. HYB Cuisine would get spun-off sometime in Q3 2022......

HYB CUISINE has a top-level aesthetic design team, top-level service team, restaurant management team and the world's leading investment bank team, as well as a well- stocked Nasdaq listed company. 2019 Q1 Completes the opening of the first HYB CUISINE | 2019 Q4 Completes the opening of the 10th HYB CUISINE | 2020 Q3 Completes the opening of the 50th HYB CUISINE | 2020 Q4 KICK financial consolidation with Huayingbao Group listed companies | 2020 Q4 completes the 200th HYB CUISINE opens | 2022 Q3 Completes KICK spin-off with Huayingbao listed company, independent IPO | 2023 completes US Nasdaq listing plan

http://hybcuisine.com/

[T4KingOff]

ive seen then claim HYB and CBGH as well.

They may have had deals in place and they fell through... This one is the first I see where they actually took over the SOS.

[Big Brother]

Highly speculative for sure, so probably a good idea. It's not necessarily unusual for Chinese companies to promote themselves as 'NASDAQ' listed overseas, when in reality they are OTC listed. However, in this case there is not really any evidence that they were even OTC listed as KICK has no filings.

You could possibly order the Oklahoma SOS documents, and see if there is any connection with HPN Holdings and Huayingbao Group. Though HYB was not even established until 2018.

Huayingbao Group also claims to have 'successfully completed the listing of many domestic and foreign companies on the NASDAQ market in the United States'.....I've never heard of them, and I've followed most Chinese RM's over the past 10 years.

Maybe it's all legit, who knows, not enough info right now.

[T4KingOff]

i have emails out to sonenshine to confirm they are a part of it. Will let you know, but certainly looks a little fishy.

[whoisme]

How to verify your latest posted info of the name change, etc.?

[Big Brother]

No position here but was looking into it a little bit yesterday. It looks like several of the Americans they list on their website come from this company, Sonenshine Partners, you could contact them to see if it is legit.

http://sonenshinepartners.com/professionals-2/

Main reason it sounds like they could be "inflating" is that they are already touting themselves as a "NASDAQ" listed company, on their website and in some of their PR's this year.....under the ticker symbol KICK. KICK is not NASDAQ, it's is a long, defunct/dark OTC ticker, that had a name change in 2016, name change was HPN Holdings, Inc but no additional filings.

If this is them, they also did a 100:1 r/s on what was a very tiny share structure already, 6.5M o/s, and now has 65K o/s.

https://www.otcmarkets.com/stock/KICK/disclosure

https://news.163.com/19/0718/16/EKCO64A5000189DG.html

[reader3]

Some of those photos and bios seem a little age-mismatched. Is the Chinese company inflating its board?

[T4KingOff]

welp someone is getting a nice chunk of shares today, I added 10k more.

[T4KingOff]

these guys appear to have a financial planning app already on the AppStore

https://iphone.apkpure.com/%E5%8D%8E%E8%B5%A2%E5%AE%9D%E7%9F%AD%E6%9C%9F%E7%90%86%E8%B4%A2%E5%B9%B3%E5%8F%B0/net.huayingbao.ios

[T4KingOff]

looking good here

[T4KingOff]

President of HYB is former president of JP Morgan- Asia . Jeffrey Liang

[T4KingOff]

5.4 mil OS this baby can fly.

[T4KingOff]

Looking for 0.20-0.30 conservatively. Once details start coming out and we see what’s all being rolled into this $1 not out of the question

[Golden Cross]

This could be a huge runner $CNGI

[T4KingOff]

CNGI - new RM - flying under the radar

Only a 5.4 mil OS and market cap under 400k... on 12/31/2019 they reinstated in Maryland after 5 years of dormancy. They filed 5 years worth of annual reports. This was overlooked because it happened end of day on New Years Eve.

Then 3 PM Friday 1-17-2020, they filed a name change with the Maryland SOS.

They name changed from Concordis Group to Hua Ying Bao Holdings Group.

Hua Ying Bao Group is a large Chinese/Hong Kong investment bank who specializes in Mergers, acquisitions, IPOs etc. They also have a great deal of their own investments. http://www.hybao.com/. The President, JEffrey Leung, is the former president of JP Morgan - Asia.

This one should fly once the market wakes up, and more details from HYB Group are released.

[T4KingOff]

You see the new company? Huayingbao Group

[T4KingOff]

Should be a fun ride here. People still sleeping on it. Reinstated after 5 years dormancy and then yesterday we got the name of the new owners. Hua Ying Bao Holdings , who is a huge investment bank based in Hong Kong.

[T4KingOff]

$CNGI DD POST

https://egov.maryland.gov/BusinessExpress/EntitySearch/BusinessInformation/D12781753 - Articles of revival

First activity in 4 or 5 years for the ticker. 5.4 Million Outstanding shares, float seems to trade much smaller.

You dont file 5 annual reports and become active again for nothing. New company coming in. This looks like an ITRK type of move coming where it will jump 3000% in a day when news hits.

People fell asleep on this one, because it hit in the afternoon on New Year's Eve.

[T4KingOff]

hello big bidder, welcome to the party

[T4KingOff]

Agreed, sub 0.10s look like an absolute steal here.

[Golden Cross]

This one could get interesting

[T4KingOff]

People took the day off early and this one got missed.

[T4KingOff]

Glad this one got overlooked today.

Not many 5.4 mil OS, sub 300k market cap plays out there. There are none out there that just showed their first activity in 4 Years!

[Golden Cross]

$CNGI Articles of revival

https://egov.maryland.gov/BusinessExpress/EntitySearch/BusinessInformation/D12781753

[Sobek]

Has anyone noticed that the GC Blackstone TX business license is active?

It's registered to the CNGI President Atif Rafique, is a DE corporation, and shares the same address as CNGI.

If anyone recalls, GC Blackstone merged with CNGI in 2015 and GC became the controlling company. They kept Concordis as the holding company, I guess to avoid the headache of dealing with a FINRA name change, but the deal was a change in control merger where GC became in control.

Atif Rafique also has his general contractors license active in Highland Park Texas which is located in Dallas. It expires in Oct. but they have to be renewed yearly.

Just wondering if anyone has some more info on this ticker. Would be great if they were bringing the ticker back to life maybe redomiciled in DE if they haven't already?

Only a 5,462,433 share float.

Link to their brochure from last year:
https://www.iommidesigns.com/wp-content/uploads/2018/05/GC-Blackstone-Luxury-Homes-Portfolio.pdf


https://app.mygov.us/lr/citizen/search.php?citiesID=545&modulesID=1



https://mycpa.cpa.state.tx.us/coa/coaSearchBtn

[Mna74]

Wonder what's happening

[Renee]

CNGI one for 10 reverse split:

http://otce.finra.org/DailyList

[Ronda]

Looks like company is falling into scam category.

[Ronda]

Bullshit..".

[Wayne R]

A totally ubsubstantiated rumor told to me by a drunk guy on a street corner is that something will happen, soon.

Could be total bullshit, who knows

[Wayne R]

Hang on to that ticket IMO.
EOM

[Druides]

Looks like a winner. We got a golden ticket here.imo

[Ronda]

We better get an update soon or I may have to stating my opinion again...

[Ronda]

We better get an update soon or I may have to stating my opinion again...

[Ronda]

Lets hope so we can use some good news

[WildWildWestCowboy]

CNGI--low float

[WildWildWestCowboy]

Corporate Headquarters 850-460-7285

[WildWildWestCowboy]

I would suggest calling or emailing the company

[WildWildWestCowboy]

Talked to Trent, seems like there is a lot going on

[koaman]

Oh Trent will produce something, only thing it will be some BS he can dream up at the time. He moved on to the slot machine business long ago. I'm suprised CNGI still has a heartbeat.

[Ronda]

Yes, I read them. We'll see what he produces moving forward.