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Oh is that clown still here? I wouldn’t know bc I never see his drivel. He’s in the boneyard where he belongs.
By law you have to sell me all your shares at a 50% discount . 😂.. I don't know but probably a penalty of some what.
Their control over this stock ends Monday.
I hear ya.. I am waiting for Q1 report.. safer for me anyway..
Historic highs while insiders sell to retail before the rug gets pulled....
Smart move .. easier to get in on the momo upward( paying a few upticks higher/safer)
then trying to sell on the harder and faster crash downward
You win for the Dumbest post of the week.
And there were A LOT OF THEM
Congrats
Sure it was dyno89. Clearly.
Yep 50/50 gamble. Personally only have money in this one I’m willing to completely lose. Worth a risk.
Exactly .. but trade the hype if they are “good” for the momo
Says the guy that thinks an unaudited otc filing can’t have whatever numbers the Chinese company behind it choose to put on it. Lmfao. Peak stupid.
Just throwing it out there but wouldn’t have filings have happened already?? It is make or break time, dow 40k, Nasdaq and sp 500 all at historic highs and a strong economy! The merging company knows usa is the place to list! There is no reason for delay, end of story!
I’m still 50/50 on whether this is legit or a scam. I find it hard to believe a scam could make it this far with so many eyes on it and the real company in China not stepping in somehow to put a stop to it if just the shady otc guys we know are involved in this one were behind it. Unless of course the Chinese are also involved in the scam. Not like anyone’s gonna go after them over there for it. Seems a little far fetched to be a complete scam. On the other hand, there’s a mountain of things here when doing the real dd that make no sense at all towards it being legit. Time will tell.
Not really. If the Q1 isn’t audited independently by a reputable firm, (we know it won’t be) it means next to nothing. They can put whatever numbers they want on it.
So I guess we can assume that the % of the company coming into this shell is the % that $500,000 is out of $9,700,000,000.
Anyone can make assumptions right or wrong till the Q1 gets posted and the market reacts...
They will be the control shares after an r/s and after Wang gives IOU shares out in red envelopes,
eventually.
It didn’t close red on a Friday and people are freaking out even though it’s green. Smoke a doobie, relax, and read the Tao of Pooh.
Thanks. Same thinking. They must have done just merely posting to.
Leak over the weekend.
Hard not to sell some this aft when it surged with so much at stake Monday
Yes. This is my understanding/opinion of the late filing notification.
There is zero excuse for any “bag holders” here. Anyone holding .0009 since December or even worse than that could have flipped this ticker 7 times since then thus far myself included. The OTC is and has always been the garbage can of stock plays however the NASDQ and other markets don’t have the opportunity to give gamblers and investors 100’s & 1000’s % returns in a short window like the OTC. Are there “pumpers” here yes, are there “dumpers” here yes. Does not = an opportunity to make some profit on this ticker. The Q1 will be the next up or down factor pps wise here. I wish everyone the best in their play here.
I have a laughable small position here 450k shares. If it goes to shit I learned a lesson on being afraid of flipping, if it goes huge I protected the little amount of shares I had to ride it to wtf awesome....
Wish only the best to you all from a noob 4th year in this crazy world of “trading” .......
It looks like a clusterfuk..for whatever reason.
Another word salad.
Quit posting this shit without an opinion
Oh you say this will sky rocket so do not worry....oh thankyou I feel so much better
if late it goes back to Pink Limited
I don't think it will be late though. I thought *I read a couple weeks ago that they were ready to file the Annual and Q1 and were only prevented from doing so by the lack of OTCIQ access.
I wish they'd just file and end the suspense.
What’s your thoughts on the following:
"Effective January 1, 2024, the Company acquired Dongguan Junfenghuang E-Commerce Co., Ltd., a PRC limited liability company
(“Dongguan”), in exchange for 500,000,000 shares of Company common stock"
A 9.7 billion dollar Chinese company purchased by an American otc trips shell for less than $500,000 in IGPK otc common stock?
I’m genuinely curious why no one wants to discuss this. I’d think this is one of the biggest questions needing answered when one does the dd here.
Nothing happens, do not worry, this is so Hyped and Pumped that it wont matter what fillings does. This will skyrocket anyways... Relax and enjoy the Chinese Show. This is just getting started
But first ..there was a change in control with $160,000 in cash along with an issuance to Wang for services.. 1 Billion shares.
Jun Feng Huang Canada Holding Corp. by looking at it is owned by 1 but can not see officially who.
So basically, with the $160,000 in cash to this company fell off the company books.. I ask why? ..
Records in china show platform company 100% owned by Information Technology Co. owned 100% by Hong Kong Holding Co, 100%
owned by Wang.. so who really knows? why the round-about? The $160,00 in cash was paid? wasn't paid? whatever..
Had access to otcm to upload other docs but needed to file for an extension for 1st Q reason given didn't have access.. whatever..
THEN "Effective January 1, 2024, the Company acquired Dongguan Junfenghuang E-Commerce Co., Ltd., a PRC limited liability company
(“Dongguan”), in exchange for 500,000,000 shares of Company common stock"
5/12/2024 Supplemental Information - Supplemental Disclosure for Change of Control Events 12/31/2023
Effective November 28, 2023, a change in control of the Company occurred. On such date, Gene
Caiazzo cancelled 100% of the outstanding shares of Series A Preferred Stock and, in consideration of
$160,000 in cash, the Company issued 1,000,000 shares of Series A Preferred Stock to Jun Feng Huang
Canada Holding Corp. (Charlie Wu).
"Jun Feng Huang Canada Holding Corp. (Charlie Wu) paid $160,000 (from corporate funds) in cash
to IGPK, in consideration of 1,000,000 shares of Series A Preferred Stock"
Dated: May 10, 2024
https://www.otcmarkets.com/otcapi/company/financial-report/401807/content
Anticipated Filing date May20 right?
Are you a spokesman, I.R.?
Read this from the late filing notification:
Junfenghuang, the multi-billion $ Chinese E-Commerce company speculated for RM into $IGPK is planning on going international by going public in the US. Everyone can deal on our stock market and feel safer doing so than on the Chinese or other markets.
So if we get them on or before May 20 we're okay ? (I hope)
That might be a benefit of OTCIQ
The late filing notification grants the issuers 5 additional calendar days to post a Quarterly Report. The late filing notification was already filed by the company.
https://www.otcmarkets.com/otcapi/company/financial-report/402739/content
From your post:
By my calculations we are already late
"Quarterly Report for Pink Current deadlines
1 to 45 days from fiscal quarter end"
what happens if late?????
ALL THAT MEME MONEY COMING IN HERE NXT WEEK $$$$$$$$$$$
I've never read so many ridiculous posts in my life blaming
"MM's" and
"they are holding it down" and
"they painted the close"
and "OTC is shit cause they can do this"
and " Let them p!at their games"
and "Monday will be a lot harder for them to control"
and "we should have easily closed over. 018– .019 if it wasn’t for these bastards"
and " till the ascm jackwagons took it down!"
and "Heavy manipulation!! More they do this the higher Were going"
and "space Lasers are starting Wildfires"
and "I have a dead worm in my head"
Do the posters here actually believe all this shit....why would all these mm's who you describe as "they" go to all this trouble for this specific micropenny stock trading on the OTC Pinks????
Don't get me wrong , I'm bullish too but most of the pumpers here are delusional and paranoid wannabees echoing the Reddit MOASS (which was a real thing BTW)
I'm sorry but I sure ain't buying whatever it is you're selling LMFAO
whats that got to do with wang chung?
"Effective January 1, 2024, the Company acquired Dongguan Junfenghuang E-Commerce Co., Ltd., a PRC limited liability company
(“Dongguan”), in exchange for 500,000,000 shares of Company common stock"
The filings already released confirm first hand that they bought JFHE for what equals under $500,000 in IGPK common stock at the time.
I still want anyone to explain to me how a supposed 9.7 billion dollar Chinese “Amazon” company is purchased by an American otc shell for less than half a million dollars in otc common stock. Lmao.
WERE NEXT MEME STOCK- ALL OTHERS ON WAY DO9WN- US O9N THE WAY WAY UPPPPP $$$$$$$$$$$$$$$
We’re suppose to see filings no later Monday May 20th.
“Anticipated Filing Date:
[Please note that the filing of this notification grants issuers 5 additional calendar days to post a Quarterly or Interim”
That's a word salad.
What's your take?
Pick a side
That article comes up in a basic general search. The date of it updates every day.
Free for consumers to join. Explains incentives & giveaways to join.
Explains how sellers get paid.. Doesn't say what the "platform" gets.
Leaves you to guess.. No mention of platform charging to advertise, or for all the other services & goodies that can be done on the APP.. Are Sellers charged a fee to join, and is that how the APP company makes revenue?
If so, 50 million "users" or 1 billion in "sales volume" really wouldn't matter would it?
All in actual cost to acquire this shell was $160,000 and it evaporated in a matter of days..
Maybe never even paid at all? would be 1 explanation? previous management ran off with the cash register?
But then new owners wouldn't have allowed that?
With all the hype & speculation about revenues etc...
What the "platform" actually earns minus costs will be key.. and that you don't know yet.
How old are you?
12?
I wonder how many investors are holding after this weeks action .. last weeks number surprised me
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Moderators crowin alstocks carolinatiger JohnnyRothrock trader59 canthelpit |
IGPK completed a reverse merger with JFH Digital E-Commerce Corp. This resulted in a change of control.
Gene Caiazzo and Manuel Losada resigned from all their positions within the Company on 11/30/23.
As stated in the report filed for the quarter ending 9/30/23, All prior merger agreements were rescinded, and the Company is no longer in the Cannabis or Athleisure markets.
A condition to close was that all shares of common stock held by the former insiders would be returned, and all options were canceled. All Series of Preferred shares were to be returned to the Company, and all liabilities were to be settled.
Resulting in zero Assets and zero Liabilities.
New management is going through the process of gaining access to OTCIQ so they can update the Company information. No updates can be made at this time. Once all the background checks have been completed, access will be granted. The process has been known to take several weeks before access is granted.
Simultaneously, the Company, through its counsel, is working to complete a name change with FINRA. This process will take at least 6-8 weeks to complete. FINRA will do a complete review and require many supporting documents from the Company. A fair amount of the information to be requested was filed with the SEC when the Company was reporting. A Dropbox folder was also set up before Closing, with further Due Diligence information needed to support the name change.
https://igpk.org/
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