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There is your $10.00...!!
Anything is possible in this market.
Sounds like they want to go to NASDAQ.
Can we see $10+ here? Wow
Yep, loving this market right now, its just unreal.
She has legs....
Yup
Bid support moving in
That's true, once the .28s were gone, it moved to .50s.
Well it has a 17M float, however, there are only 469K shares held @ DTC, so the bulk of the float is still in cert form, thus the reason it moves on air..!!
I bite on the 40’s and she started screaming
I bite on the 40’s and she started screaming
Nice..! Managed to snag some .28s this AM, I don't really follow OTC news that closely, but I had this on my watchlist for 4 years, and very rarely saw any action on it, trades or bids. However, yesterday, I saw an unusual bidder pop up out of the blue, and that got it on my radar, and as soon as I saw the volume this morning, I just grabbed them....lol. I didn't know why it was moving until later, but I'm glad I got some now, as this is significant news.
Of course it's just an LOI, those are not always a guarantee finalize, but if so, this could just be the beginning IMO.
It’s churning and screaming at the same time.........
Now she is screaming
News out today, LOI to Acquire E-Mo Biotech Holding Inc
https://www.globenewswire.com/news-release/2021/02/11/2174076/0/en/Fuse-Group-Holding-Inc-Entered-into-Letter-of-Intent-to-Acquire-E-Mo-Biotech-Holding-Inc.html
Details about the clinical trial here.
https://clinicaltrials.gov/ct2/show/NCT04639375
https://hwgbbiotech.com/news/view_news.php?news_id=141
https://www.theedgemarkets.com/content/advertise/us-fda-approved-hwgb-jv-partner-ebi-to-conduct-phase-iv-clinical-trial-for-prevention-of-covid-19
FSNT changed to FUST:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
FSNT: effective May 13,2019 Fuse Enterprises Inc. will change to Fuse Group Holding Inc.
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
Forward split on the daily list today fyi..
06/15/2017 08:36:00 Forward Split 06/16/2017 00:00:00 FSNT Fuse Enterprises Inc Common Shares Other OTC
Current Value
Daily List Date/Time 06/15/2017 08:36:00
Event Type Forward Split
Daily List Event Code DA
Effective/Ex Date/Time 06/16/2017 00:00:00
Subject to Corporate Action CD
Offering Type No Restrictions
Forward Split Ratio 5:1
Reverse Split Ratio
Dividend Type Forward Split
http://otce.finra.org/dailylist
Looks like it's going to be a gold and copper mining company.
https://www.fuseenterprises.com/home
These guys have a lot of cash on hand now.
Nevada SOS updated yesterday
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=aacbVI%252fFHXI5jbhNl2PQ7w%253d%253d&nt7=0
Just noticed someone picked up 100 shares today and that subsequently knocked out the cheap shares available, I didn't figure there was much out there to be had.
Think I've reached the point to where there is no more research I can do on this. I've looked into all available information that is known and I'm no closer to figuring out whether or not if they intend to merge Landbond Furniture into this.....it's just speculation on my part.
If this does become a vehicle for Landbond Furniture to go public then I think this immediately becomes one of the nicest looking Chinese companies on the OTC. I see Landbond Furniture most likely comparable to Ethan Allen here in the US.
Case against this becoming Landbond Furniture, the executive officers don't seem to fit, and why would they choose an inexpensive shell with such a small % of share delivery......doesn't really make sense.
Best case scenario, this becomes Landbond Furniture and they start purchasing back shares on the open market, to both bring the pps up to NASDAQ levels and increase their ownership percentage.
Worst case scenario, this doesn't become Landbond Furniture and either dilutes into oblivion or stays illiquid for years and gradually fades away, never to be heard from again.
Just got the most current share structure from the TA. I love companies that use Island Stock Transfer as their TA, they always get back to you so quickly when you contact them.
9,030,000 shares outstanding,
3,530,000 float (most of these were sold to the original(seed) investors in the company)
10,000 shares held at DTC
Is this the 'Landbond Home' that purchased the shell..?? If so why would they have 2 guys with mining company backgrounds in charge? Even if they were just put in place to facilitate the merger of Landbond Furniture in this, based on their bio's they still don't seem to have that much US public market experience....if any.
http://www.panoramio.com/photo/100234218
http://www.panoramio.com/photo/100242513
At this point, based on the info in the 8K, there is no way to determine if Landbond Home Ltd is the same company as Landbond Furniture Group Ltd, beyond the name 'Landbond' there is no other connection I can see.
The new executives assigned Yong Zhang and Roy Kang don't seem to have any connection to Landbond Furniture, in fact their backgrounds are in the mining industry, so I have no clue what Landbond Home Ltd is going to be.
Landbond Furniture Group Ltd appears to be a huge Chinese company, it would be pretty interesting if this was indeed it, as it would be one of the bigger Chinese companies on the OTC, however, we need more info.
I wonder if Landbond Home Limited is the Chinese furniture maker Guangdong Landbond Furniture Group Co., Ltd...hmm...??
If so according to this Guangdong Landbond Furniture Group Co has almost 4,000 employees.
8K filing out, Chinese takeover
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11719571
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