Zhejiang Dashang Media Co Ltd (TKVR)

[splintered sunlight]

Way too much!!!!!!!!!1

[fink]

No volume either.
I'm looking at this as a high potential shell.

I can't say how many shells I've held that lost their story. Or dumped by a story.
It happens a lot

[Mr. Zen]

The entire tic tock generation will be enormous, and making short videos for money will be the side hustle of the century.

HOWEVER
There was not one translation error in their entire website before it expired.... not one "we much happy"
Phone numbers were bogus as well as most emails, those that were not bogus went unanswered.
This was pretty slick with the news buildups over the past few months.


This member of the jury is still out! phone calls to China are on the agenda.


If they do come back it will be with NASDAQ qualifications and a 4 million float.

[fink]

Tic Tok is the mainstream news these days.

Anyone think Rumble will buy it?
Could be explosive for TT, not so much for Rumble taking on that assest.
Could be good for us. Even Elon Must says it's free speach and should not be shut down.
There is opportunities. I just don't see it yet. Too much unknown.

[fink]

TKVR DD



https://www.otcmarkets.com/stock/TKVR/security

No debt.

[fink]

I saw that go daddy a long time ago. Just as bad as the Chimp one.,

#2 makes perfect sense.


I'll continue to add to keep my overall average in check.
Bought twice today and now a hair into low 9s
As it drops, so does the Market Cap.

It's always been a great shell. Why some one like IGPK didn't saddle up with a better shell like this is beyond me.
Ben still hold 800k common shares too.

I'd love to get his thoughts on all this.


You see Elon Musk come out in support of Tic Toc. Freedom of speach baby!!

[Mr. Zen]

yea there is something to be said for that too. I am riding this as well, I could not dump the remaining 150k shares if I wanted to, and besides, it is one hell of a shell to be sold somewhere,

Held at DTC 4,185,194

[Mr. Zen]

Welll.... web site is down, phone goes unanswered, emails do not get returned.

I have three theories

1. it was an intentional fleece job, this I find hard to believe I did a deep dive into everyone concerned with this company and every aspect appeared to pass the sniff test however I did notice their website was built through go daddy, found that unusual since they have the talent, and the lawyer they used heard a rumor he was mobbed up. Found that hard to believe since their office is one block from Wall st. downtown NY.

2. With the blocking of tick-tock this company did not want to gamble on the US market at this time.

3. They were not happy with the volume and share price and will now go silent and return onto the NASDAQ...(they will qualify within a year)

[fink]

Largest volume day in the past 6 months.

Who ever owned 80k shares of this to sell below .15 and save their shirt?

Hell of an exit or we got dilution.

80k was a good $16k @.20
$1,600 today. No one takes that kind of bath.
I'd ride it to the bottom.

[fink]

Crushing.
Interesting to find out what gives.
My finger is on the average down trigger now.
May wait till next week.

[MrBuckets]

Makes 0 sense to sell down here who the F is doing that

[splintered sunlight]

Gee, this sucks......

[splintered sunlight]

Oh well.

Turd happens.....

[Mr. Zen]

So digging deeper I find this

dashangmedia.com
whois information
cache expires in 23 hours, 58 minutes and 11 seconds
Registrar Info
Name
GoDaddy.com, LLC
Whois Server
whois.godaddy.com
Referral URL
https://www.godaddy.com
Status
clientDeleteProhibited https://icann.org/epp#clientDeleteProhibited
clientRenewProhibited https://icann.org/epp#clientRenewProhibited
clientTransferProhibited https://icann.org/epp#clientTransferProhibited
clientUpdateProhibited https://icann.org/epp#clientUpdateProhibited
Important Dates
Expires On
2024-10-24
Registered On
2023-10-24
Updated On
2023-10-24


WTF, it does not expire till Oct, I am smelling total abandonment here

[Mr. Zen]

Website Expired
This account has expired. If you are the site owner, click below to login.

[fink]

$200k market cap on the free float till I see different on the next Q

[Calvin Hobbes]

Maybe they are going to come out with audited fins as the OTC markets says it's audited.

[fink]

I've done well in thst IGPK
Been loading free since the beginning, then the R/S drama and I loaded again.

I'll get the next stack of free when it goes current. If?

Use that cash in others.

[splintered sunlight]

I've been bid sitting lately and sometimes it works, sometimes it doesn't.

Risk I am willing to take...

[fink]

Are we going to look back one day and think, coulda, shoulda woulda?

It's a $4.8m x $8m market cap on the spread.

Not sure I'm willing to hit that. I'd be sitting if I had any dry powder

Second guessing. But it's been so quiet. F'n Chinese plays?

[fink]

Are we going to look back one day and think, coulda, shoulda woulda?

It's a $4.8m x $8m market cap on the spread.

Not sure I'm willing to hit that. I'd be sitting if I had any dry powder

[splintered sunlight]

45K @ .10 now.......

[splintered sunlight]

There seems to be a lot for sale.

[fink]

.11 on the Ask?
You average down or buy and hold.
Regardless it's a great shell if nothing comes in and uses it.

Hard for me to think it's going to some Plan B

[Milesblue42]

Now what happens next??

What happens the company fails to send out newest financials? Why is there radio silence? 🤫

[fink]

I've been cautious. Only adding on the BID.
I did get another 5k this week.

[Mr. Zen]

I'm throwing up a caution flag here, and I hope it is only temporary however::::

1. the phone number on the web site goes to a New York answering service and the client does not return calls from that collection box.
2. a deep dive into the phone number and it is not publicly listed anywhere.
3. e-mails to the company go unanswered
4. still ongoing is the attempt to contact the legal team for the company, doubt I will get anywhere there,(Wall Street Legal Firm)

I find it really hard to believe this company would walk away from a US listing however they are a successful and profitable stand alone company, why did they do a r/m with a shell in the US?
I have skin in this game to the tune of 220,000 shares, so this dog is on a hunt!

[Mr. Zen]

The growth of this company is outstanding, the people they have in place are top notch, plus a wall street legal firm.... I fear they have given up on being public because they could not gain traction over here... there are no open lines of communication that I can find right now.

[fink]

I'll buy it down from here. It's still a perfect shell even if they don't use it.
The Market Cap on the float is under $500k

Officers hold all the P-shares and Restricted. I doubt those will ever get dumped into the float.

A R/S won't hurt anyone more than the 75m restricted, so that's not a fear.

It's odd they have allowed this to drop into Limited.

[Mr. Zen]

goes a little beyond that, web links in the filings go nowhere, phone number and email on web site go unanswered, yearly audited financials are late, all this from a bunch of guys that were associated with Alibaba and Microsoft... I am taking a breather from the buy side until I get more comfortable.. the clarity is not there (yet)

[fink]

What ever is going on behind the scenes, I got another 5k on the cheap end. Looking for another now.
Chinese Companies update for crap.

[Milesblue42]

Not sure about always.....IMO

Well krap! this always happens to young companies on the audited yearly returns.... lets see what happens

Warning! Limited Information
OTC Markets Group has confirmed that this company has limited disclosure or financial information publicly available, but meets a minimum requirement for public quoting under Rule 15c2-11.

IMO I don't think this always happens to young companies.
What has the company said or they leaving the public in the dark???

[Mr. Zen]

Well krap! this always happens to young companies on the audited yearly returns.... lets see what happens

Warning! Limited Information
OTC Markets Group has confirmed that this company has limited disclosure or financial information publicly available, but meets a minimum requirement for public quoting under Rule 15c2-11.

[fink]

With a 4m float figured no one is getting sick of this.
I bet there are less than 2dozen shareholders.

Who has a milly?

[fink]

Nice low volume retail dump.
Maybe the Ask will start to trend down.

Doubt it.

[Mr. Zen]

Yea, this one should be the independently audited quarterly... it always gives new companies headaches. Actually about 40% of the time they file an extension. So lets see if it is a 10-k or just a yearly update.

[Milesblue42]

So perhaps next week??

So maybe next week for the newest Financials and company updates??

[Mr. Zen]

That may be doubtful, the board comes from Alibaba and some other well known Chinese company

Do what you feel comfortable with but if this goes, it goes big.

I am always early.

[Nealio]

Solid response. I can't disagree; but I'm not buying yet. There may be no Wizard behind the curtain...

[Mr. Zen]

One of my main concerns: the lack of followers on Twitter, Instagram, etc.

Welcome to the early bird special.

The best place top get info on the company is here
https://www.otcmarkets.com/stock/TKVR/disclosure

pay special attention to the quarterly revenues and the share structure... everything else will fall in place in time.

[Nealio]

One of my main concerns: the lack of followers on Twitter, Instagram, etc.
BUT, I realize most users 'would' be Chinese...so how to check on Chinese social media? Anyone been able to see if Chinese follow this company...in order with the 'alleged' 300,000 or 500,000 users? I also am suspect that the numbers are so 'rounded'.
Can someone point me to any more revealing past posts about the company? Thanks for all the feedback.

[Nealio]

Thanks for feedback.

[Nealio]

Thanks for the input. Perhaps someone can summarize relevant info in the I-Box?

[Mr. Zen]

That is the game plan! With an added twist, you get paid for making the short videos.

[Milesblue42]

A Tiktok/YouTube Shorts competitor???

So if they can launch in the States could it possible be a competitor to Tiktok and YouTube Shorts???

yes I think so, they will announce an American speaking app at some point in the future, when is uncertain. They have a game plan for next year announced somewhere.

Exploring New Horizons in the US: Dashang is actively working to establish a US-based office. Concurrently, the company is conducting a review to determine the feasibility of expanding its product portfolio into the U.S. market or making a strategic acquisition in the U.S. or comparable global market.

The future for Dashang Media holds promise as it continues to evolve and expand, offering a unique fusion of cutting-edge technology and captivating content to its users.

[Mr. Zen]

yes I think so, they will announce an American speaking app at some point in the future, when is uncertain. They have a game plan for next year announced somewhere.

Exploring New Horizons in the US: Dashang is actively working to establish a US-based office. Concurrently, the company is conducting a review to determine the feasibility of expanding its product portfolio into the U.S. market or making a strategic acquisition in the U.S. or comparable global market.

The future for Dashang Media holds promise as it continues to evolve and expand, offering a unique fusion of cutting-edge technology and captivating content to its users.

[Milesblue42]

Not in the USA for now??

Since there are no active links to download the App, is it safe to say it's not USA ready yet?

[Mr. Zen]

[Milesblue42]

Sounds good if true

I didn't think it was available in the Americas? Yet.
It's why they went public on the OTC. Set a footprint in the US.

That would make sense. Hopefully all the pieces of thus puzzle come together. Looking forward to seeing what happens next.

[fink]

I didn't think it was available in the Americas? Yet.
It's why they went public on the OTC. Set a footprint in the US.