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Yes just picked up a bit more
yes, very nice. If I had more cash today I would buy those 1.35
31,500 bid 1.00
will do more DD on it. thx penny :)
No worries, the company has deep pockets, they are also doing everything by the book!! this one is a buy slowly and accumulate all you can
ok, great. I was not watching the stock. new to this company. :)
Micro float equals large gap in the bid and offering, 100 shares took out 1.35 the bid will come back later today it always does
that is easy to respond. bid was 1.70 + yesterday and now it is 0.35. why can´t I ask that question? I bought at the bid a ton of shares the last 2 days..so I just wonder what happened..
Why would you ask that!! Wtf
where is the support now?
3.00 maybe 4.00 today
16,500 bid 1.50!!! CSTI Also biding 19,500 1.25
HFUS FLOAT 218,000
Some highlights from the 10-K 11/14/19
This company is very healthy and making all the right moves!!! We have a long term investment here!!!!
Employees
At September 30, 2019, we had 68 employees.
HZHF subsidiary has also begun working with high-income Chinese clientele to facilitate their travel to the US for stem cell beauty treatments. However, due to the unresolved tensions between China and the United States, particularly with regards to trade and travel, HZHF has had an increasingly difficult time carrying out its original plans. HZHF is hoping that relations between the two countries will improve and that they will be able to realize the original plan. HZLJ operates a vacation hotel in Hangzhou, China. Hangzhou Longjing Qiao Fu Vacation Hotel will have limited operations in the last quarter of 2019 in order to complete major renovations. The hotel will adjust its business strategy and plans to resume normal operations after completing the renovation in February 2020.
The subsidiary of HFUS in Shanghai (HFSH) plans to borrow operating funds from two related party entities, SH Qiao Hong and Oversea Chinese Culture Media Ltd. The purpose of the loan is to invest in Hartford International Education Technology (Shanghai) Co., Ltd. (HF Int’l Education). HFUS holds 58.5% ownership of HF Int’l Education and have control over HF Int’l Education. Nice Zero debt
• HF Int’l Education have its first early childhood education center in PuDong, Shanghai. The soft opening began on September 20, 2019, and the official grand opening will be on October 28, 2019. Up until October 17, 2019, student pre-enrollments have generated approximately RMB280,000 in revenue. The projected monthly revenue six months from now will be RMB800,000 per month for this education center and it will begin seeking profit.
This equates to $40,000.00 a month, at PROJECTED RMB 800,000 THAT EQUATES TO $114,000.00 a month
THIS IS HUGE!
By the end of December, 2019, HF Int’l Education plans to acquire approximately 60% ownership of an existing, and operating childhood education center located in HongQiao, Shanghai. The acquisition price for this establishment will be evaluated prior to reaching an agreement.
• In January of 2020, HF Int’l Education will invest RMB1,200,000 to establish a third education center in HongKou, Shanghai, holding 55% ownership of the business. The HongKou center plans to have its opening in April of 2020.
• In February of 2020, HF Int’l Education will invest RMB1,500,000 to establish a fourth education center in JingAn, Shanghai, holding 60% ownership of this center. The JingAn center plans to have its opening in June of 2020.
• Beginning November of 2019, HF Int’l Education plans to use its current office and resources to collaborate with potential franchisees to establish a nationwide early childhood education faculty training institute based in Shanghai. The faculty training program is expected to start as early as December of 2019.
• HF Int’l Education plans to launch a nationwide early childhood education center franchise operation model in June of 2020. This model will utilize “Hartford” as its main brand and will incorporate existing market resources throughout other major cities and provinces in China. The promotion of HF Int’l Education franchise operation and management model is expected to attract other education centers to join the “Hartford” brand, and HF Int’l Education expects to generate revenue from franchise and management fees.
Considering China's strict foreign investment policy and the ongoing US-China trade negotiation, there is no assurance that this will be a successful venture.
Previously, the Company intended to raise 6 million US dollars by end of 2019, and the funds were to be used to invest and acquire 45% ownership of the Hartford Hotel to launch second phase construction of the hotel. Due to the US-China trade war and the Chinese government's control over foreign exchange and foreign investment and financing, the original company plan may not achieve financing as scheduled. We are unable to give an accurate schedule of when we will achieve this financing as we must continue to wait until US-China relations improve and Chinese investor confidence rises.
Liquidity and Capital Resources
As of July 31, 2019, we had negative working capital of $ (25,815) comprised of current assets of $1,477,600 and current liabilities of $ 1,503,415. This represents a decrease of $ 26,427 in the working capital balance from the July 31, 2018 amount of $ 612. During the year-ended July 31, 2019, our working capital increased because we received more in financing activities than we used in operating and investing activities.
We believe that our funding requirements for the next twelve months will be in excess of $800,000, this amount is covered with the proceeds from stock issuance on December 11, 2018. We also intend to try and further raise capital through the sale of stock.
On December 11, 2018, the Company sold 96,090,000 shares of its common stock (the "Shares") to 15 individuals. The selling price was $0.02 per share for an aggregate of $1,921,800. All 15 investors executed subscription agreements. As of April 30, 2019, all proceeds have collected. Twelve of the 15 investors are Chinese citizens and purchased the shares in China. Due to the strict monitoring of China’s foreign exchange investment policy, funds are not able to be transferred directly to HFUS. As a result, amount of $657,000 were collected in RMB from the Chinese investors. The Shares were sold in a private placement pursuant to an exemption from registration in accordance with Section 4(2) and/or Regulation S under the Securities Act of 1933, as amended. The Shares are all restricted shares and accordingly all stock certificates evidencing the Shares have been affixed with the appropriate legend restricting sales and transfers.
Also update on share structure.
$HFUS Tier_Change: Pink Current to Pink No Information
OTCM Link
https://www.otcmarkets.com/stock/HFUS/disclosure
Big bidder back, 25,000 shares
HFUS Share Structure update on OTC site. https://www.otcmarkets.com/stock/HFUS/security
Huge!!! How are they going to find 20,000 shares? I have the answer...
“On the way to 20 bucks!!!!!”
Big bidder up now & just raised his bid price up from 1.00 to 1.20. Getting close
If anybody wants shares they will have to pay the ASK & not many shares there.
Lol I agree! It’s a great position we are in!!!
This is so funny to me. Big daddy keeps offering these low bids as if anyone who got shares early will let them go at that price lol
Yes I bought a starter the other day. Looking for big gains with real low float. Should go up fast when buying comes in with an update
Hotel reopening, there travel agency, and the educational facilities!!
10-20 bucks easy here
HFUS a good post
Big Brother
Tuesday, 11/05/19 07:00:11 AM
Re: Hanibal post# 2714
0
Post # of 2715
That's right, per the CFO, the float is still just over 200K.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152095824
Share structure update
HFUS Security Details
Share Structure
Market Cap
227,948,400
11/01/2019
Authorized Shares
300,000,000
11/01/2019
Outstanding Shares
99,108,000
11/01/2019
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
Not Available
Float
Not Available
Par Value
0.001
On March 22, 2019, HFUS acquired 60 percent ownership interest of HZLJ from Shanghai Qiao Garden Property Management Group, Ltd. The acquisition expands the Company's capabilities in the travel and health management sectors as the hotel is located within walking distance of local famous tea farms, a protected nature preserves. The hotel’s location allows for exclusive access to popular natural attractions and the famous Longjing tea farms, making it an ideal destination for family and school excursions. The area is also famous for its lack of pollution and overdevelopment. Longjing tea has a long and storied history as part of Chinese herbal wellness remedies and since Longjing tea is only grown in this one village in China, the hotel provides a prime location to lodge travelers who are interested in the history and production of the highly sought-after tea. The Company hopes to incorporate the HFLJ hotel into the company to promote the tea growing industry in Longjing and to attract travelers to the area in order to educate them about this historical commodity and its health benefits. These travelers who are interested in health and wellness and the natural benefits of the Longjing area are prime candidates for the Company’s membership based anti-aging treatment program. This location is also ideal for families and students, including those at the Company’s early childhood education centers, to visit to gain insight into the natural history of China. The Company accounted the acquisition transaction in accordance with FASB ASC 805, Business Combinations, and as a result, assets acquired and liabilities assumed were recorded at their estimated fair values as of the acquisition date. The following table summarizes the purchase price allocation:
The Company incurred net losses from operations in the years since inception, and has a total stockholders’ deficit of approximately $2.3 million as of January 31, 2019. These deficits were funded primarily by the operating advances from its parent company, Shanghai Qiao Garden Property Management Group (Qiao Garden Group). Qiao Garden Group owns 60 percent of HZLJ and will continue to provide operating advances to HZLJ until 2019, when HZLJ projects to achieve cash flow breakeven.
Plan of Operation
As of April 30, 2019, the company has issued a total of 99,108,000 shares of common stock. On December 11th, 2018, 96,090,000 shares of common stock were issued at the price of $0.02 per share to raise an additional $1,921,800 in capital.
During the nine months ended April 30, 2019, the Company acquired Hangzhou Hartford Comprehensive Health Management, Ltd. (“HZHF”), 60 percent of Hangzhou Longjing Qiao Fu Vacation Hotel Co., Ltd. (“Longjing”), Shanghai Hartford Comprehensive Health Management, Ltd. (“SHHF”) with 90 percent of Shanghai Qiao Garden International Travel Agency (“Qiao Garden Intl Travel”), and formed a joint venture entity, Hartford International Education Technology Co., Ltd (“HF Int’l Education”).
HZHF subsidiary plans to carryout original plan of import US health supplements to sell in China. HZHF will be working with high-income Chinese clientele to facilitate their travel to the US for stem cell beauty treatments. HZHF will also engage in promoting the sales of China’s famous Longjing Tea under its own branding. Longjing operates a vacation hotel in Hangzhou, China. Hangzhou Longjing Qiao Fu Vacation Hotel plans to suspend operations in the second half of 2019 in order to complete renovation (first time in 6 years). The hotel will adjust its business strategy and plans to resume operations after completing the renovation in October 2019.
SHHF subsidiary is also in the process of facilitating the membership-based stem cell beauty treatment program. Both the marketing teams of HZHF and SHHF have begun hosting informational seminars for potential clients in China. The Company expects to achieve sales beginning August 2019.
Qiao Garden Int’l Travel is engaged in a travel agency business which aids clients in planning travel between China and the United States of America on top of its current operations. Since travel service operations in China are monitored under governmental regulations, Qiao Garden International Travel Service is currently operating inbound travel services in China. In order to operate international (outbound) travel services, an application must be submitted for Chinese central government approval. The company plans to submit this application during the next quarter.
HF Int’l Education focuses on early childhood educational development centers with a goal of developing a chain of these educational centers. By the end of 2019, Hartford Int’l Education plans to begin operating its first three early childhood education centers. The monthly revenue for each center is expected to be $120,000 to $150,000. The company is completing the site selection process and will begin renovations shortly thereafter. The first center will have its grand opening in September 2019.
Considering China's strict foreign investment policy and the ongoing US-China trade negotiation, although there is no assurance that this will be a successful venture, the Company expects to generate revenue of 2.8 million US dollars by the end of 2019.
In the last quarter, the company intended to raise 6 million US dollars by September 2019, and the funds were to be used to invest and acquire 45% ownership of the Hartford Hotel to launch second phase construction of the hotel. Due to the US-China trade war and the Chinese government's control over foreign exchange and foreign investment and financing, the original company plan may not achieve financing as scheduled. Our new target date to raise 6 million US dollars is by the end of 2019, if the trade war tension improves in the next six months.
1.86 bid 2.00 ask
Checked Nevada sos nothing new there, checked the OTC nothing
Call me crazy, but just picked up some more of this low float gem.
sure no problem.
Thanks for the nice DD! Company looks very impressive IMO.
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