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Very good news thank you for the post.
On July 29, 2024, Cosmos Group Holdings Inc. (the “Issuer”) has decided to terminate the previous plan to increase the Company’s authorized capital from 5,030,000,000 to 505,030,000,000 shares. The Company’s authorized capital will remain at 5,030,000,000 shares, with no amendment has made to the Articles of Incorporation.
The Company is withdrawing from the Form DEF 14C which was filed on May 24, 2024 for the above mentioned terminated plan to increase of authorized capital.
On July 29, 2024, Cosmos Group Holdings Inc. (the “Issuer”) has decided to terminate the previous plan to increase the Company’s authorized capital from 5,030,000,000 to 505,030,000,000 shares. The Company’s authorized capital will remain at 5,030,000,000 shares, with no amendment has made to the Articles of Incorporation.
The Company is withdrawing from the Form DEF 14C which was filed on May 24, 2024 for the above mentioned terminated plan to increase of authorized capital.
No Cash. No Assets. Why is this even trading at all?
You right , The A/S increase is not good, but the 8-K looks good. Let's see what goes on..
Let's not forget this is otc penny stock...$0,0002 :)
Item 1.01 Entry into a Material Definitive Agreement
On April 16, 2024, Grand Town Development Limited (“Grand Town”), a fully owned subsidiary of Cosmos Group Holdings Inc. (“COSG”, the “Company”), And Guangzhou Huangting Meishuguan (“Seller”) Entered into four Bought and Sold Agreements, whereby Seller has agreed to sell Grand Town four pieces of collectible items at HKD$ 134,280,000 (approximately USD$17.13 million). The foregoing description of the Bought and Sold Agreement does not purport to be complete and is qualified in its entirety by reference to the complete text of the Agreement, which is incorporated herein by reference and attached hereto as exhibit 10.1.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Cosmos Group Holdings, Inc.
Date: April 18, 2024 By: /s/ Man Chung CHAN
Man Chung CHAN
Chief Executive Officer
Increased A/S, less value. Just my thoughts and opinion. I leave everything else up for others to determine for themselves.
Always have to watch out for companies increasing their AS. They're expecting suckers to buy them and then R/S on them, taking all their money...LMAO
After several billion sold, R/S definitely in play...LMAO
NO DILUTION SINCE 3/28/2024
https://www.otcmarkets.com/stock/COSG/security
https://twitter.com/NasdaqMicro
.00000000000001...LMAO
SEC Filings 8-K, 10-K , PRE 14-C, NT 10-K
https://www.otcmarkets.com/filing/html?id=17457101&guid=Z4Q-kpx3Tz8GB3h
https://www.otcmarkets.com/filing/html?id=17453530&guid=Z4Q-kpx3Tz8GB3h
https://www.otcmarkets.com/filing/html?id=17442068&guid=Z4Q-kpx3Tz8GB3h
https://www.otcmarkets.com/filing/html?id=17415407&guid=Z4Q-kpx3Tz8GB3h
Financial Reporting
Reporting Status.......U.S. Reporting: SEC Reporting
Audited Financials.......Audited
Latest Report...............12/31/2023
CIK........0001706509
Fiscal Year End..............12/31
LOL what Bull shit.........."500 BILLION worthless shares,"
You mean ...... 4,585,973,082 Outstanding Shares
Extrime low flot 17,386
https://www.otcmarkets.com/stock/COSG/security
Market Cap Market Cap........ 917,195 ........ 04/19/2024
Authorized Shares .......... 5,000,000,000 ...... 04/19/2024
Outstanding Shares ...... 4,585,973,082.................04/19/2024
Restricted ..............2,522,807,153............04/19/2024
Unrestricted..............2,063,165,929...........04/19/2024
Held at DTC..............1,688,350,047.............04/19/2024
Float......................17,386
Not likely, they are going to try and buy stuff with 500 BILLION worthless shares, now tell me what kind of value will the crap have that sells for .000001 per share?
Worthless crap IMO
They could end up declining the raise as well..505b is insane though.
Everyone buys crap that turn to shite, this is that stock. Now the head criminal wants to bump this turd to 500 BILLION AS.
i am not sure who wants to take over a no bid company/
Pre 14C just filed on OTC Markets. It seems they increasing the authorized share Count to 505 billion to avoid a hostile takeover.
Coinllectibles Set to Elevate ART SG 2024 with a Spectacular Showcase of Digital Ownership Tokens (DOTs) Valued at Over USD$450,000 January 18 2024 - 08:02AM
Singapore -- January 18, 2024 -- InvestorsHub NewsWire -- Coinllectibles (OTC: COSG), a pioneering force in blockchain-based collectibles, is thrilled to announce its participation in ART SG 2024, Southeast Asia's premier global art fair. Coinllectibles will present a curated collection of 19 Digital Ownership Tokens (DOTs) from six talented artists across the Asia region, collectively valued at over US$450,000.
As the leading global art fair in Southeast Asia, ART SG is renowned for its dynamic platform that showcases visionary and iconic contemporary art from the region and around the world. Coinllectibles' presence at ART SG 2024 is a testament to the company's commitment to pushing the boundaries of digital art and blockchain technology.
Coinllectibles' showcase at ART SG 2024 will include 19 carefully selected DOTs, each representing a unique piece of digital art from some of the most talented artists in the field. These DOTs, with a collective value exceeding US$450,000, exemplify the intersection of art, technology, and blockchain innovation.
"Participating in ART SG 2024 is a significant milestone for Coinllectibles, and we are excited to bring our collection of Digital Ownership Tokens to such a prestigious platform," said Terry Lee, CEO at Coinllectibles. "Our showcase represents the convergence of traditional artistry with cutting-edge blockchain technology, providing collectors with a unique opportunity to own and experience digital art in an entirely new dimension."
ART SG sets itself apart from other art fairs by catering to the globally minded collector, encouraging cross-border collecting, and promoting new discourse and connections within the art community. Coinllectibles' participation aligns seamlessly with the fair's objectives, fostering new perspectives on the future of digital collectibles.
In addition to the showcase, Coinllectibles looks forward to engaging with the diverse audience at ART SG, expanding its networks, and contributing to the vibrant cultural tapestry of Singapore and the broader region.
For more information about Coinllectibles and its DOT collection for ART SG, please visit www.coinllectibles.art.
About ART SG
The ART SG fair is scheduled to take place from January 19 to 21, 2024, with a preview and vernissage on January 18. It is set to feature an exceptional line-up of international and regional galleries, bringing progressive concepts and curation to the vibrant Singapore art landscape. ART SG is dedicated to fostering artistic excellence and cultural dialogue across Southeast Asia and the broader Asia Pacific region.
About Coinllectibles:
Coinllectibles is a pioneering leader in the field of blockchain-based collectibles, specializing in the creation and distribution of unique digital assets that bridge the gap between art, technology, and collectibles. With a commitment to innovation and a passion for the arts, Coinllectibles is dedicated to redefining the future of collectibles in the digital age.
https://ih.advfn.com/stock-market/USOTC/cosmos-pk-COSG/stock-news/93077331/coinllectibles-set-to-elevate-art-sg-2024-with-a-s
Volume Scout 600Mill+Volume days 2/6 and 2/13 predict huge move coming 2-6 weeks afterwards, so timing is 3/19-3/26 for huge run!
300 million volume in the last 2 days with no change to the share structure. Something is up!
Stochastics buy signal here today! And volume is huge! Bottom is in at 1's, no where to go but up!!!!
OTC Markets just now updated share count. No Change!
Yeah i thought something would happen by now, but ive got time
Montana
I think I followed you over here and bought a tidbit on any event maybe a smidgen will work
When a company purchases more than 5% of their shares of stock. They must file form 4 within 2 business days. It seems they purchased around 1.2 billion shares with a 5 billion A/S . Let’s see what happens.
That’s very rare in the OTC.
Insiders now own over 50% of the authorized shares.
O/S went up , But those shares went to restricted. That’s a good sign.
Yeah pretty surprised they haven't let it bounce even a little bit since the drop from the .005 level
I hope they come up with something big..
I also bought a lot. I am worried that they will do a split. Maybe they are doing it in order to increase liquidity when things go up.
Yup, and that’s why I’m here large.
Watch…
Insiders own around 45% of the O/S.
The shorts are gonna be absolutely obliterated on this play in the next couple of months!!