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I call it a paint job when it had been walked down from .045 to .018 and the final trade was for the Ask at .023 when it could have been bought for .017 or .018 minutes before.
The .023 "Buy" was held until the last minute to pull the price up to the Ask (which no one has been willing to pay all today, causing the price to plummet). The differential was a small price to pay for anyone having loaded before this last pump. I call that a "paint".
Frankly, I think some of the front-loaders are worried.
Bought 9,900 at .023 zero paint
From .045 down to .018 and a paint job to bring it up to .023 at close.
ITDN~~Connections : Interdyne Company
LAM SOON (HONG KONG) LIMITED
COMPUTER PERIPHERALS SYSTEMS, INC.
ACCULOGIC, INC.
AMT DATASOUTH CORP.
RIVIERA DEVELOPMENT PTE LTD.
METAL CONTAINERS PTE LTD.
CARLEE ELECTRONICS PTE LTD.
https://www.marketscreener.com/INTERDYNE-COMPANY-11094904/company/
Sun Tze Whang biography
Dr. Whang Sun Tze, Ph.D. is Non-Executive Director of Lam Soon (Hong Kong) Limited., since appointment to the Board in 1984. Dr. Whang holds a Doctorate degree in Chemical Engineering.
Interesting .. on watch and doing DD
ITDN load up people,you'll regret huge here,all set to go,no shell like ITDN,will pay off crazy soon,dollars on the table,read who is the CEO
Itdn very close for a monsta run here,load the cheapest people
I agree with your premise. My question is, "For whom?"
Money breeds money
Money knows people with money
It’s a very constant and common
Who cares?!! Unless he's giving me money, why do I care how much money he has?
How many shares bought? PPS and purchase Date?
ITDN~~Securities America Advisors Inc bought shares in INTERDYNE CO
https://www.marketscreener.com/INTERDYNE-COMPANY-11094904/company/
https://www.bloomberg.com/profile/company/4080487Z:US
and website https://www.securitiesamerica.com/
ITDN~~Securities America Advisors Inc has recently 318,237 shares stake in INTERDYNE CO
https://www.bloomberg.com/profile/company/4080487Z:US
Securities America Advisors, Inc. [color=red]318,237[/color
0.80%
https://www.marketscreener.com/INTERDYNE-COMPANY-11094904/company/
and Securities America Advisors Inc website
https://www.securitiesamerica.com/
https://www.bloomberg.com/profile/company/4080487Z:US
ITDN~~Shareholders
Name Equities %
Sun Tze Whang 25,800,000 64.5%
Securities America Advisors, Inc. 318,237 0.80%
https://www.marketscreener.com/INTERDYNE-COMPANY-11094904/company/
and
Securities America Advisors, Inc
has recently 318,237 shares stake in INTERDAYNE CO
https://www.marketscreener.com/INTERDYNE-COMPANY-11094904/company/
https://www.securitiesamerica.com/
ITDN~~HUGE HERE,,Metal Containers Pte Ltd Address
MC Packaging, 159 Gul Circle, (S)629617
https://mcpsing.com.sg/
Name Linked companies
Kit Heng Tan Interdyne Company
Metal Containers Pte Ltd.
AMT Datasouth Corp
ITDN~~monsta run will be here Liquidity and Capital Resources
As of June 30, 2019, the Company has a cash balance of $100,392. The Company has sufficient cash in hand to fund its operations for the next twelve months.
Off-Balance Sheet Arrangements
The Company does not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on its financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources.
ITDN~~huge run coming ,the CEO very rich
Sun Tze Whang
Age : 2018
Public asset : 55,871,828 USD
Linked companies : Lam Soon (Hong Kong) Limited - Interdyne Company
Summary
Currently, Sun Tze Whang is Chairman for Carlee Electronics Pte Ltd. and Chairman & Chief Executive Officer of Interdyne Co. Dr. Whang is also on the board of Lam Soon (Hong Kong) Ltd., AMT Datasouth Corp., Riviera Development Pte Ltd. and Metal Containers Pte Ltd.
https://www.marketscreener.com/business-leaders/Sun-Tze-Whang-05Z56D-E/biography/
Bold or CAPS doesn't correct faulty reasoning.
that's why ITDN is a clean blank checks shell and R/merger combination coming,the CEO is not spending money for fillings for nothing,learn something here,and R/merger news will come believe you or not
There is no news or any PRs stating that there is a merger coming…NONE! But let’s look at what happens if the unsubstantiated and/or fake news actually happens.
According to the WSJ, Investors should be cautious about the performance of blank-check companies.
Of the blank-check companies that went public in 2015 and 2016, more than half are now trading below their IPO price, the Journal’s analysis shows.
33 SPACs held IPOs in 2015 and 2016
27 became real businesses
20 of those 27 now trade below original conversion price.
That means that only 7 out of 33 are in the black. Not good!
The average share price of the converted (merged) company that survive the merger is double IPO price at the end of 2 years. So…invest $100 and if the merger and IPO succeeds, get $200 back.
These numbers are good if you are talking NYSE average yearly gains, but for OTC traders to wait 2 years for 100% gain (If the company survives) Not a good return.
This also requires that the fake news and conjecture actually happens.
Full disclosure: I don't hold a position here, long or short and don't have any orders in place.
From Bloomberg website today re: Interdyne:
Those companies are not Interdyne.
Bloomberg
Interdyne
Interdyne Company has no active business operations.
SECTOR: Financials
INDUSTRY: Asset Management
FOUNDED 10/30/1946
ADDRESS
26 Briarwood Irvine, CA 92604 United States
PHONE
1-805-322-3883
WEBSITE ---None
NO. OF EMPLOYEES (0)
better grab some soon you'll regret
HaHaHa!!!!!! I just pissed myself
ITDN no stock like ITDN since 1946 with clean record on IHUB ,and NO DEBT,NO PRISORRY NOTES,NO LENDERS MONEY,clean blank checks shell and R/MERGER combination going 'lowfloatmaster',believe you or not
JUST ASKIN FOR INFO NOT KNOCKING YOUR STOCK
bye bye 'lowfloatmaster'
THANKS FOR THE INFO.. LOOKS WEAK . GOOD LUCK
Float locked up,my day coming here and huge,ITDN
'lowfloatmaster' spoke with Bonnie TA agent and SS the same since 1999 year,The Ceo is working for merge in with a public Co,I bought here huge bc ITDN is from 1946 year,same SS here 20 years ago,NO DEBT,NO PROMISSORY NOTES,NO DILUTION,the CEO very wise and rich,holds 49,506,515 USD dollars and merger will be 1000%%%,your call my friend
SO NOTHING DIRECT FROM COMPANY ?
What Is the Difference Between Shell Companies and Blank Check Companies?
Shell companies and blank checks are basically similar. But there are clear distinctions that set each apart. A start-up company that has a plan to produce or provide “something” but currently has no operations would qualify, if or once it becomes a public and reporting company, as a shell company because it has nominal/minimal assets and operations. However, since it has a genuine business plan, it would not qualify as a blank check. On the other hand, an inactive company that used to have operations but has a good deal of assets (such as patents, third-party claims, or maybe even a significant net operating loss carryforward) could qualify as a blank check (because its real intention is to merge) but not a shell company (because it maintains more than nominal/minimal assets).
A start-up that has some operations is not a shell company. However, it would still be subject to the disclosure requirements upon any reverse merger if it still maintains nominal assets and operations.
Blank Check Company
REVIEWED BY GORDON SCOTT, CMT Updated Sep 15, 2019
What Is a Blank Check Company?
A blank check company is a publicly-traded, developmental stage company that has no established business plan. It may be used to gather funds as a startup or, more likely, it has the intent to merge or acquire another business entity. Blank check companies are speculative in nature and are bound by Securities and Exchange Commission Rule 419 to protect investors.
KEY TAKEAWAYS
Blank check companies do not have established business plans.
This type of company is often used to gain funds, with the plan to merge with or acquire another business.
SPACs are a type of blank check company.
How a Blank Check Company Works
Blank check companies are often considered penny stocks or microcap stocks by the SEC. Therefore, the SEC imposes additional rules and requirements of these companies. For instance, they must deposit the raised funds into an escrow account until shareholders officially approve an acquisition and the business combination is made. Also, these companies are not allowed to use certain exemptions under Regulation D of the Securities Act of 1933. Rule 504 of Regulation D exempts companies from registration of securities for offerings up to $1 million. The SEC prohibits blank check companies from using Rule 504.
WHERS THE INFO ON A POSSIBLE RM ????
THANKS
is a clean blank checks shell and R/merger here only,load up before the crazy run,read who is the CEO
WHY NO VOLUME ???
HOW DO YOU KNOW RM COMING ???
JUST CURIOUS ..
THANKS
ITDN .043 will be wild run soon,load up before the crowd
I trust the CEO only lol,sell or buy,or out
Trust me...That's not what I don't like! And...I am quoting and referencing the WSJ and Bloomberg.
sell if you don't like it lol
And he has categorically stated that there will be a merger??? I can't find that anywhere.
And if the does, the warnings and issues concerning blank checks still remains.
his a wise CEO,he knows business lol,look at his holdings,read lol
no fake news lol,read who is the CEO,MERGER here,haha lol
Let’s look at what happens if the unsubstantiated and/or fake news actually happens.
According to the WSJ, Investors should be cautious about the performance of blank-check companies.
Of the blank-check companies that went public in 2015 and 2016, more than half are now trading below their IPO price, the Journal’s analysis shows.
33 SPACs held IPOs in 2015 and 2016
27 transformed into real-world businesses
20 of those 27 now trade below original conversion price.
That means that 7 out of 33 are in the black. Not good!
The average share price of the converted (merged) company that survive the merger is double IPO price at the end of 2 years. So…invest $100 and if the merger and IPO succeeds, get $200 back.
These numbers are good if you are talking NYSE average yearly gains, but for OTC traders to wait 2 years for 100% gain (If the company survives) Not a good return.
This also requires that the fake news and conjecture actually happens.
Full disclosure: I don't hold a position here, long or short and don't have any orders in place.
ITDN is a clean blank checks shell,the CEO gonna merge here,load up
From Bloomberg website today re: Interdyne:
Those companies are not Interdyne.
Bloomberg
Interdyne
Interdyne Company has no active business operations.
SECTOR: Financials
INDUSTRY: Asset Management
FOUNDED 10/30/1946
ADDRESS
26 Briarwood Irvine, CA 92604 United States
PHONE
1-805-322-3883
WEBSITE ---None
NO. OF EMPLOYEES (0)
Bloomberg website
ITDN~~buy as much you can,no shares ,float locked up,DOLLARS going
ITDN gonna break in little,real Co since 1946 year,WOWZA going soon
Lets get this thing going?
Want to hit the ask with me? I wpuld be in for another 25k!
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