General Steel Holdings (GSIH)

[lola4473]

What did everyone do with their GSIH stocks? I assume they are worthless, I still hold mine in an inactive broker account. Thanks

[hispeedsoul]

Bigger buying coming through

[hispeedsoul]

Bid/Ask tightening up. Maybe finally on to something?

[hispeedsoul]

Someone has been buying small chunks here and there over the past couple weeks. Hopefully someone does something with this shell while the market is hot. It looks to me like under the radar buying

[hispeedsoul]

What do think happened with this? They bought up the shares. Merged something in and then complete silence. Makes no sense. I have no way to contact anyone either.

[hispeedsoul]

I don't get how a biotech company acquired this and then went completely silent for years. From what I can see, the buyers still hold all their shares here. Anyone know what happened since it's impossible to communicate with anyone running GSIH.

[hispeedsoul]

It's not huge but the buying that pass week has to be getting noticed. Maybe something is finally happening

[hispeedsoul]

Some interesting buying today. Let's hope for some news.

[hispeedsoul]

Getting some volume.

[hispeedsoul]

Being a life sciences company in China I thought this would see a bounce. Stem cells and telemedicine could play a role. But silence and here we sit. Low volume took this down too.

[hispeedsoul]

I don't know if anyone has been watching the trading over the past few months, but if you look, someone has been buying small amounts almost everyday for quite some time. I think they are doing this to stay under the radar and to keep the stock from moving because it's so incredibly thin. When the company finally decides to talk, this could move big.

[hispeedsoul]

If you visit the website that listed on OTCmarkets for GSIH, the company is putting out news on their website.

http://www.oric.cn/concerts_show.php?wid=103

They just need to talk to shareholders and let us know where we are going. Stem cell therapy in the Chinese market has massive potential.

[hispeedsoul]

http://www.oric.cn/concerts_show.php?wid=96

Things are happening with the company just need to get the news out

[hispeedsoul]

I wish they would release more news to investors because things are certainly happening behind the scenes. I think they are building GSIH to be a chinese biotech conglomerate. See below:

http://www.oric.cn/concerts_show.php?wid=90

Look at the presentation above the two guys. The company on the screen is CapitalBio and they talk about stratetic integration. This is a big company and I'm wondering if they will merge into GSIH. The logo is the same as this website.

http://www.capitalbiotech.com/en/index.html

Hopefully we have news soon how this is all coming together, but it surely is something big.

[lola4473]

hope so. been holding on to this stinker for too long.

[hispeedsoul]

That 100k bidder got their fill today at .10. They dropped $10k today on this. Someone knows something.

[hispeedsoul]

100k Bid today showed up at .10

[hispeedsoul]

http://www.medi-post.com/front/eng/stemcell/cartistem.do

Here is one of their products. According to the site, they joint developed this with medipost.

[hispeedsoul]

http://www.oric.cn/ website changed on otcmarkets.com

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

[hispeedsoul]

It's going to be huge.

[funnyG986]

GSIH 6M float; possible merger here. was trading in 0.2+ last year

[funnyG986]

GSIH seems like a merger happening today too. New NVSOS officers and new website showing www.oric.cn/en/about_show.php

Officer names match


Through biotechnology R&D,financing and capital investment, resources integration in life science and biotechnology industry. To create the most valuable biotechnology company in the world.

[hispeedsoul]

Check out the website thats showed up on OTC markets.

https://www.addentax.com/

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

Check out the share price of the company in asian markets.

GSIH might be their US listing.

This could be massive.

[hispeedsoul]

Getting some volume again.

[hispeedsoul]

Volume slowly creeping up again. Due for an update soon.

[hispeedsoul]

The new form 4s today show that the old owners sold 4175095 shares at .20 to the new owner - Hummingbird Holdings Inc. This is going much higher.

[hispeedsoul]

bid/ask keep looking great. Someone knows something.

[bobkubecka]

form 4 today
https://www.otcmarkets.com/filing/html?id=13289779&guid=JfKtUaxcBwuRl3h

[hispeedsoul]

Keeps moving higher, .096/.185 right now. Things are moving along nicely.

[hispeedsoul]

They are moving quick on their plans. They posted 3 new 10-Qs the past few days.

[hispeedsoul]

"GSI has no option plans and there are no subscriptions, options, warrants, rights or other agreements outstanding to acquire shares of stock of GSI or any other equity security or security convertible into an equity security. There are no agreements or commitments to increase, decrease or otherwise alter the authorized capital stock of GSI prior to the Closing Date. GSI has not granted any registration rights with respect to any shares of GSI Common Stock or any options to acquire shares of GSI capital stock. Upon issuance in accordance with the terms of this Agreement, the GSI Common Stock will be validly issued, fully paid and non-assessable."

Also very good news.

[funnyG986]

nice bid up here

[funnyG986]

less people read 8k filings

[hispeedsoul]

Appears to be a great one, and nobody knows about it. These Chinese merger plays aren't well publicized.

[funnyG986]

its a good one

[hispeedsoul]

https://www.otcmarkets.com/filing/html?id=13183640&guid=NjutUqxrs0htVth

Not sure it's a merger 8k, mostly different entities exchanging shares. And since these are cayman islands entities, a lot of things are hidden. What's telling though is, hummingbird holdings is held by a shareholder who only invests in biotechnology. This 8k shows this:

FH is the sole shareholder of Tuotuo River HK Limited, a Hong Kong limited liability company, which through various contractual arrangements between Tuotuo’s wholly-owned subsidiary Beijing Qianhaitong Technology Development Co., Ltd. and Beijing Ouruixi Medical Technology Co., Ltd., a PRC entity and its shareholders is in the business of cell research, development, storage and cell culture service in the People’s Republic of China.

It certainly looks like we are the verge of a Chinese biotechnology company being merged, which is huge, because biotech in China is booming market at the moment.

A lot happening here.

[Dave Snake]

New here. Thoughts on last nights merger 8k?

[Dave Snake]

8k merger out last night. Thoughts??

[hispeedsoul]

Moving to 10 cents today.

[hispeedsoul]

Bid/Ask looking sweet.

[hispeedsoul]

another 10K done today. Just have 2018 filings to complete and company is all caught up. They certainly aren't doing this for nothing. Something big is planned.

[hispeedsoul]

8k out today. I'm shocked we aren't seeing more buying on all these filings.

[hispeedsoul]

Another 10Q out today. They are completing a quarter each day it seems. Almost done with 2017. This is going to be a big one.

[hispeedsoul]

More filings out today. They are catching up on financials.

[hispeedsoul]

It's hard to get anything of size here. When merger news comes this could go to dollars quick. O/S is 16 million or so.

[funnyG986]

GSIH two filings out. going to be exciting

[hispeedsoul]

https://www.otcmarkets.com/filing/html?id=13093872&guid=qlibU6EEmu7Ihth

Filed a new 10K. The new owner is getting ready to merge something into this. The new owner is mostly a biotechnology investor, so I expect something along those lines.

I love this one.

[funnyG986]

GSIH going to be fun in 2019; new owner took over and starts to file

[funnyG986]

I like this one

[hispeedsoul]

https://www.forbes.com/sites/ywang/2018/10/11/as-china-hunts-for-new-cures-investors-flood-u-s-biotech-firms-with-cash/#73e417372e58