Grandwon Corp (fka GWON)

[MadeBucksOnThis]

WOW check out the news page:

http://www.grandwon.com/news/

http://www.grandwon.com/about-us/

http://www.grandwon.com/about-us/market/

[MadeBucksOnThis]

also looks like a new website:

http://www.grandwon.com/

I think I'm gonna get some more of this

Our Clients & Partners

Sharp, LG, Samsung to name a few...

[MadeBucksOnThis]

Grandwon FB Page is starting to kick, check it out:

https://www.facebook.com/pg/grandwon/posts/?ref=page_internal

also Grandwon is going to do an exhibit in Dubai this weekend Sunday - Tuesday

exciting times here,

[MadeBucksOnThis]

when they decided the R/S ratio, I think the stock was trading in the .20 - .30 range, so lets say .25 x 20 = $5

ok so imo a $5.00 share price is what they think the ideal trading price should be.

[MadeBucksOnThis]

My guess on the R/S was purely to increase share price by a factor of 20, I really do think they want this trading in the dollar plus range ASAP to reflect respect as a competing player in the tech business, as you said they could always retire shares, but that won't have the same immediate effect as an R/S. Just look at some of the other flat screen stocks out there. In order to compete they need to at least have a share price that would be respectful for a high tech start up company.

Don't forget the Chinese see things from a different perspective, JMO

[SkyFullOfStars]

They are making some moves to make themselves more attractive.. question on the RS still remains.. being that it was planned for mid December I am assuming Finra said nope... anyone who looked at what they wanted to do would say that makes no sense.. the ceo owns 32 mil and there is a 4 mil float.. Finra could see that they were just trying to axe 4mil shares worth of current shareholders under the guise of reducing the OS.. why not just cancel her own shares

[MadeBucksOnThis]

Looks like we are getting audited financials at a cost $12,000, sounds good to me LOL

8k out above

IHGO

[SkyFullOfStars]

OS was updated yesterday

[MadeBucksOnThis]

I think so too, .05 is a steal of a price for how thin this is, picked up more yesterday

[SkyFullOfStars]

Starting to think the R/S here was rejected by Finra.. was supposed to have already happened

[MadeBucksOnThis]

either way works for me lol

[SkyFullOfStars]

I am wondering if FINRA rejected the request.. essentially all this RS accomplishes is wipes out shareholders of a wopping 4million shares in the float.. Finra might of said nooo wayy, they could just as easily cancel some shares of the one person who owns 32mil shares

[MadeBucksOnThis]

No R/S Yet??

[SkyFullOfStars]

SOS name changed to Grandwon corp

http://nvsos.gov/sosentitysearch/mobile/default.html#Details

[SkyFullOfStars]

Got the paperwork in.. December 13th is the reverse split

[MadeBucksOnThis]

NICE BID @ .04 $5000

[SkyFullOfStars]

They decided to do a 20 for 1 reverse split of out of the blue.. zero logic

[Investor-PhD]

What the heck is going on!? My DD is resulting in absolutely zero to explain the fall realized today... Any news on the merger front?

[Zardiw]

Agree.......et z

[MadeBucksOnThis]

Holding also, added a few as well. It may not do what Samsung did

(SSNLF
Samsung Electronics Co., Ltd. $2,400.00 0 Grey Market Grey Market Ordinary Shares Korea, Republic Of)

or what Vizio is doing: VIZIO HOLDINGS, INC. (VZIO) IPO - NASDAQ.com

but even a small piece of that Market Share could be huge, and with the new SS it could move real fast

with 7 - 8 years as an Established company and three brands USIT, GW and Yochda I believe this co is ready to hit the scene running.

https://translate.google.com/translate?hl=en&sl=zh-CN&u=http://www.szusit.com/contact.aspx%3FFId%3Dn7:7:7&prev=search

Founded in 2007, Shenzhen Guangwen Industrial Co. , Ltd. is headquartered in China's commercial frontier ---- Shenzhen, Guangdong. In this young and energetic city, there is a group of young and energetic startup team. We use the vision of the world, high-speed The efficiency, innovative ideas keep making progress.




"GW" & "USIT" are independent brands of Shenzhen Guangwen Industrial Co., Ltd. In 2008, relying on a good corporate background and advantageous resources, we set up a research and development team of 10 people and two semi-automatic production lines, R & D and production of commercial displays, such as digital signage advertising machine, touch one machine, self-service smart terminal, smart splicing display, O2O e-commerce terminals, smart charging piles and more. A video conferencing products of the core agents! The company will be positioned as a high-end brand, the current products are widely used in government units, consumer sites, luxury stores, brands Lianzuo shop, 4S shops, convention centers, airports, high-speed rail stations, train stations, has been at home and abroad Ten five-star hotels and convention centers to reach cooperation and with the two major domestic logistics companies reached a strategic cooperation, we will ensure that the products in the quickest and most secure way to reach the customer designated locations, ?? the cooperation partners and the majority of customers and recognition Support, we will certainly persevere, constant innovation, live up to expectations, to create a stronger national brand! !

Also Yochda:

http://www.yochda.com/


Shenzhen Yochda Technology Co.,Ltd was established in 2007, is a high-tech enterprise specialized in development, production and marketing of the special displays. Headquarter is at Longhua New Distric, Shenzhen. The company has established a nationwide network of sales and efficient after-sales service system in china.
"USIT" is Shenzhen Yochda Technology Co.,Ltd own brand.As one of the leading providers of special display solutions, YOCHDA is always standing on the forefront of the special displays development. Its products are divided into several series:Digital Signage,All In One Touch,LCD Transparent Display,LCD Video Wall,etc.
YOCHDA’s products have been widely applied in a variety of areas such as conference room,security monitoring, stock exchanges, traffic control centers, airports, media centers, military systems, public space, shopping areas, banks, schools, hospitals, special circumstances etc.
Looking into the future, YOCHDA is making its efforts to create a world-class ODM brand in the LCD display products under the guideline of “Professional Service and Creation”. Focusing on ODM business and driven by innovation, YOCHDA is committed to provide best products and service to the customers.

I really like the touch screen table tops, talk about cool, check this out: Imagine Trading stocks on these!!!







DD by MBOT

[Quintessence]

Could be good. I'm holding...

[Zardiw]

There is a name change coming also.... probably somebody moving in.....et z

[xZx]

yep, Z - i read the filing. the AS raise is reasonable, but as a ratio of the 1.8M post-split OS it's clear they don't want retail along for the ride here.

[Zardiw]

1-20 isn't that bad...But usually an RS is so they can make room to issue more shares......They also increased the AS if you notice....From 40 to 150 ...z

[xZx]

the language in the filing is a typical boilerplate justification for splits used by companies with huge outstanding share counts, and IHGO definitely ain't that.

maybe their goal here is to scare retail out of the deal, then issue large blocks of shares for some sort of conglomerate, one subsidiary after another, once the initial entity is merged in...

with a post-split initial OS of 1.8M shares, maybe when they are done the entire company will have 50M outstanding. i'm just sketching this out as a hypothetical, an example.

if so, that's a clear motive for the RS. pretty ruthless, but bullish.

[jtrade000]

they definitely could have gone about this a better way.

[jtrade000]

man what a weird day

[SkyFullOfStars]

The plan makes zero sense.. the CEO owns 32 of the 36 mil OS.. they are doing a reverse split just to shrink the float from 4 mil to 200,000? This is bizarre.. the CEO could just have easily cancelled 30 mil of her own shares and increased the A/S while issuing herself preferred control shares

[xZx]

considering IHGO is a brand new RM, this is an odd statement:

Our Board believes that, among other reasons, the number of outstanding shares of Common Stock has contributed to a lack of investor interest in the Company and has made it difficult for the Company to attract new investors and potential business candidates. Our Board proposed the Reverse Stock Split as one method to attract business opportunities for the Company. Our Board believes that the Reverse Stock Split could increase the stock price of our Common Stock and that the higher stock price could help generate interest in the Company by investors and provide business opportunities and potentially enable the Company to be listed on the [OTCQX]. However, the effect of the Reverse Stock Split, if any, upon the stock price for our Common Stock cannot be predicted, and the history of similar stock split combinations for companies like us is varied. Further, we cannot assure you that the stock price of our Common Stock after the Reverse Stock Split will rise in proportion to the reduction in the number of shares of Common Stock outstanding as a result of the Reverse Stock Split because, among other things, the stock price of our Common Stock may be based on our performance and other factors as well.

after a 1 for 20 RS they'll have an OS of 1.8M shares, right? the spread was already really wide at .13 X .24, so my guess is they plan to increase the OS substantially by issuing more shares to insiders, lenders, etc., after the RS.

but the question remains, where will they find a float? usually that gets created by funders if convertible notes are on the books.

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

IHGO Security Details
Share Structure
Market Value1 $8,472,906 a/o Nov 08, 2017
Authorized Shares 40,000,000 a/o Nov 01, 2017
Outstanding Shares 36,209,002 a/o Nov 01, 2017
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float Not Available
Par Value 0.0001
Transfer Agent(s) Verified by Transfer Agent
VStock Transfer LLC
Shareholders
Shareholders of Record 15 a/o Feb 21, 2017

[MadeBucksOnThis]

well its an established company with an established brand, can it be the next Samsung? I'm not sure. but if they get anywhere close this would be a ground floor opportunity, its risky but the SS is pretty good and its about to get better..

[Quintessence]

Looks like the market is not liking the RS - at least initially. There are some good long term ideas mentioned in the 14C, such as attracting interest and uplisting to OTC QX. We'll see how it goes...

Reasons for the Reverse Stock Split

Our Board believes that, among other reasons, the number of outstanding shares of Common Stock has contributed to a lack of investor interest in the Company and has made it difficult for the Company to attract new investors and potential business candidates. Our Board proposed the Reverse Stock Split as one method to attract business opportunities for the Company. Our Board believes that the Reverse Stock Split could increase the stock price of our Common Stock and that the higher stock price could help generate interest in the Company by investors and provide business opportunities and potentially enable the Company to be listed on the [OTCQX]. However, the effect of the Reverse Stock Split, if any, upon the stock price for our Common Stock cannot be predicted, and the history of similar stock split combinations for companies like us is varied. Further, we cannot assure you that the stock price of our Common Stock after the Reverse Stock Split will rise in proportion to the reduction in the number of shares of Common Stock outstanding as a result of the Reverse Stock Split because, among other things, the stock price of our Common Stock may be based on our performance and other factors as well.

[MisterEnzo]

Wonder how this will play out.. can we get some discussion going?

Insiders own almost 90% of the O/S

[xZx]

i agree, the company now has no float.

[SkyFullOfStars]

A reverse split seriously.. that is beyond stupid

[MadeBucksOnThis]

so Grandwon Corp. is most likely the GW brand

https://translate.google.com/translate?hl=en&sl=zh-CN&u=http://www.szguangwen.com/about/contact.html&prev=search

https://translate.google.com/translate?hl=en&sl=zh-CN&u=http://www.szguangwen.com/about/contact.html&prev=search

[xZx]

filing out: http://archive.fast-edgar.com//20171109/AW2Z422CZC2R2TR2222M2ZX2IAVDZZ22QV92/

[One O'Clock Drop]

Ticker change and announcement of merger and business plan. Just my opinion. We're going off of filings

[Quintessence]

IHGO looks interesting. Any idea what the next milestones might be?

[One O'Clock Drop]

That's cool. Post a pic of those

[MadeBucksOnThis]

Yea same here, but got up, went into my shop and built two white oak dovetail jewelry boxes for Christmas presents. I like to be productive when my stocks are sleeping. lol

[One O'Clock Drop]

I haven't. But the DD is here. Just a matter of time really. When it all comes out and volume hits, could be epic

[MisterEnzo]

I? might say screw it and buy 20k shares.... anyone message with management?

[One O'Clock Drop]

Lol. I'm well past yawning. I took a nap, got up and washed the car, went for a jog, came back and checked in and then went back to sleep. Whew - tough day

[MadeBucksOnThis]

Yawn..........

[One O'Clock Drop]

Everyone in here just needs to CALM DOWN. Way too much chatter and excitement

[One O'Clock Drop]

Good looking stock, ain't it? All kinds of crazy potential here. Give a little time might be more than a ten bagged here. Who knows.

[SkyFullOfStars]

That is the CEO who exited upon the 8k share purchase agreement.. 32.1 million shares are now owned by the new ceo, and per sec rules restricted for 1 year.. A/S is 40mil with a 4mil float.. zero debt or notes

[xZx]

very interesting. love the share structure. who is ioan hossu?

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=snO0vGKKG7ZdFJ01QOZGtg%253d%253d&nt7=0

[SkyFullOfStars]

Yes the description is still from the past company.. address was updated last week and ceo was updated last few days... really liking this one

[xZx]

$IHGO daily chart...

https://www.barchart.com/stocks/quotes/ihgo/technical-chart?plot=CANDLE&volume=total&data=DO&density=ML&pricesOn=1&asPctChange=0&logscale=0&sym=IHGO&grid=1&height=500&studyheight=200