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Would be nice to get a BLOCKCHAIN reverse merger here.
$AIVI I am selling mine off, AT-THE-BID, to
get out of this long-term turkey-turd loser.
Got lied to by honorable Ch. management liars,
lost thousands and thousands.
Selling at BID, as I said, buying a gold mine.
NOVO.
Until2017
It is a steal .... this guy got $500 worth.... he got in at the bid not the ask.
$SKYC We may make some coin that will offset prior losses . . . . .
Wowzers! I didn't even see it! Thanks for the heads up!
$AIVI Those.of.us.that got.killed.by.AIVI may have a future
. . . . . . with its sister company SKYc which is
beginning to re-awaken today.
Go to the Board and look around. ... I think the
relationship with AIVI has gone dead with AIVI.
Of course, you had to have leveraged the rela-
tionship by buying SKYC -- on the cheap-- be-
fore now.
Until2017
I am still here.... waiting patiently.
$AIVI I'd give my left arm for a nickel
GLTU
Until
What do you know?
Any clues?
A merger here would run this to .25 in no time!!!
The buyers are bottom-feeders ( like me, usually )
who like to play a high-risk , high-stakes game
Look at this interesting daily volume series :
https://www.google.com/finance/historical?q=OTCMKTS:SKYC&ei=LJRmWKiEFsSRe4K1ncAL
STEADY AS SHE GOES ! ... Not defunct ! ... Continuous !
( All is not lost )
Until2017
I understand the selling.... Taking the loss for end of year. But... one must question.... since this is now just a shell awaiting a new owner.... Who are the buyers?
$AIVI Future potential in Limbo ?
OK, good, thanks, I thought I was missing something.
You previous coupla lengthy posts on RMs are keepers,
excellent posts, MANDATORY READING for anyone
unfamiliar with the conceptual underpinnings.
LONG WAIT? ... Yup, been there and still doing that !
LOL
Until
..nothing, I was being a smart ... lots of hope was lost there.. ;) but I do own the other stock and the future looks good.
AIVI seems to be a 50/50 bet at the craps table.. but those R/M's can take a long time.. I cashed in 1/2 and put it into an MJ SRNA
$AIVI YOUR POST :
..looks like at least LQMT will be doing business in that area..
www.reuters.com/finance/stocks/300328.SZ/key-developments/article/3476888
** What makes an attractive Shell for Reverse Merger:
Posted Originally by Stock_Lobster on April 14, 2007, here is a complete repost:
http://www.investorshub.com/boards/read_msg.asp?message_id=18776962
"Here's what I have been looking for when taking a position in a shell.
Fwiw, I've been backing off most plays posted heavily on Ihub. They're good for momentum runs, but so far, it doesn't seem clear that shells with a big following and hundreds of posts are any closer to a RM than one none of us have heard of before...a few times perhaps, but not to the degree investors might think.
Instead, I've decided to put myself in the state of mind of someone looking to purchase a shell. In this case there are a couple of things I think I'd be looking for:
1) Filing OTCBB dormant shell. This, obviously, is the holy grail. A Jr NASD listing right off the bat. However, these are far less common than pinksheet shells, and trade at a premium.
After watching EXEG and GTRY, I endorse Atout's decision to only take positions in reporting OTCBB shells, as their very scarcity makes them more likely to RM sooner rather than later. However, there is a PPS premium associated, and some penny traders shy away from that cost.
2) Share structure and low OS: This seems to be broad category, but when I get closer to the subject, I get a little pickier.
A 30MM OS may be small for a stock we trade in pennies, but not for a shell, imho. From what I've seen, some of the chinese firms buying shells (and those seem to be the main buyers right now) seem to favor a very small OS. Perhaps that's because they have aspirations to higher exchanges, but it's what I've noticed. So, imo, a 30MM OS stock still isn't immune from a possible post RM reverse split, which is the biggest threat to any shell trader.
Therefore, I'm focusing on shells with an OS of 10MM or less. Under 5MM ideal, imho. Very small could be good, but only if the shares can be acquired through a tender offer.
Of course too small an OS, and there is no liquidity. I imagine this kind of OS would force a FS post RM. It might also be seen by some as a disadvantage. From what I've read, there are some RM attorneys who argue that the attraction of purchasing a shell includes acquiring an exisiting shareholder base. So, there is an ideal OS which includes an existing shareholder base, but not so large to risk a reverse split.
But bottom line, it's all about the shell's market cap.
3) Large insider holdings. As a shell buyer, I wouldn't want to be chasing shares in the open market. I would want to submit a tender offer and acquire the majority interest in a company with one transaction. So a company where insiders are holding 60% or more of the OS seems more attractive, imo.
4) Clean. This is an obvious one. Up to date on filings and no lingering loose ends. So many of the stocks we trade are post bankruptcy, but not all. A few went dormant before they had to declare chapter 11 or 7. Again, I look at the history of filings, as I would a credit report. A few companies never had a late filing, and chose to file a 15-12G before they were forced out of business. They did not persist in a state of denial about their business prospects, but rather winterized the house and locked the doors before they were evicted, so to speak. As a result, their balance sheets are pretty favorable, and they didn't dilute heavily into the last desperate year, attempting to stave off the inevitable. There are also no toxic pipe financers in their background, waiting to create trouble. When you check their state's SOS, they are not revoked, but current and dormant and when I doasearch on the CEO and directors, I don't find scandals and allegations of corruption. Ideally, the company was never a previous RM, but a 'virgin shell..but that's maybe asking too much.
Sadly, a few owners I've spoken to want to market their shells, but they were left broke after the bankruptcy, and they don't have the funds to catch up with the filings. They are delinquent in corporate taxes, and with each year, their situation deteriorates. This is another reason to locate companies who went dormant before their back was to the wall. It takes money to clean up the house to attract buyers.
Companies that fit this criteria are my new favorites, when I can find them. I'm not saying the other shells don't run, because they do. I'm just establishing a new standard for my own buying.
5) 15-12G filings. Alot of people jump on a stock the minute they file a 15-12G, but why? In my mind, those companies are just begining the process of shopping their shell, if they're even thinking in that direction.
Instead, I'm looking at 15-12G filers from a few years back. The wheels of negotiation grind very slowly, so I imagine a shell could be in play for several years before the final paperwork is filed.
6) Accessible owners. I need to know that the board of directors, as last identified in filings, is still accessible by telephone or mail. After all, if I can't reach them, how could an interesed buyer contact them? Too mystery stocks, which I call "zombies" floating around the market.
7) Interest or part ownership by a recognized RM attorney. Obviously, this is a biggie. A 13-G filed by a well known RM partner is a very good sign that the shell has been vetted by someone who knows the business, and is now an interested party trying to shop it.
However, a canny group of owners, who include attorneys, can also be good. It's not always about what is the absolute best shell, but often about the desire and effort to market the shell. I have to imagine that a shell with problems which is owned by an aggressive owner who is often a participant at PIPE financing events and other places where buyers and sellers meet, stands a much better chance of being acquired than one owned by clean credit boyscouts in Maine who never let their desire to sell be known.
Finally, before I forget, there's the issue of trading activity in a shell stock before a RM partner is found. There seem to be two points of view on this.
Some RM attorneys recommend to their clients that there be little to no trading in their target shell before a RM is proposed. Their philosophy is that the activity level and PPS of the stock should establish itself slowly, post merger, through a growing corporate IR campaign.
But, on the other hand, I've had the opportunity to speak at some length with a PIPE financer/RM attorney, who candidly told me that sometimes a firm will deliberately 'run' a shell they own, to help create interest in the shell. I guess this would fall into the category of those who feel that an existing shareholder base makes a shell more attractive. When I look at the charts of famous RMs like LFZA or PKTO, there were regular spurts of activity for months, sometimes years, prior to the merger. So, that definitely adds weight to the argument that we should be tracking shells that seem to have regular runs and spurts of activity and accumulation.
He also mentioned that the owners or attorneys will also use this activity to help raise some funds to apply towards merger costs.
Is there dilution going on during these runs? We didn't get that far, but as I've watched many of these shells trade, a few seem to have alot of sellers show up suddenly. It might well be pre bankruptcy shareholders taking advantage of the liquidity to get out of their stuckholder positions, or it could be dilution. This might be a reason to favor shells with a small AS, preferably close to maxed out. I'll admit I've grown a little cynical about this whole process, of course.
Naturally, we might be getting a skewed impression on Ihub, as a couple of the shells which have been actively marketed here, may have had too many interested parties working overtime to make the shell sexy, imho. We don't really get to see the clean 'boyscout' owned shells RM too often, except when they show up on our scanners +5000% overnight.
Of course, I'm not knocking big board shell plays, as that is part of the reality of this market. But for some of those stocks, the best part of the run generally seems to take place before the RM is actually consummated. Too many suffer dilution and/or a RS as soon as the exchange of owners takes place, whereas less publicized plays like EXEG have climbed steadily, 400% or more, post RM. WITM, which had a small RS post merger, is now +300% in a little more than a month, but most traders overlooked it. GTRY is holding 100% post announcement gains, and seems set for a steady climb as well.
So I guess it all depends on whether a trader is interested in a true RM play, or a low float/momentum play to be traded mostly, not held. It's not always obvious at first glance which is which.
I filled a buy order for someone 20.100 shares and it was followed by a 15.000 share order.. I'm told this can have a R/M (w/varied details ?) or be delisted and $$ lost.. but people do play these and it seems you need to watch all the time for moves and wait.. sometimes for years.
WHAT IS A REVERSE MERGER?
Last-Revised: 14 July 2002
Contributed-By: The SmallCap Digest (www.smallcapdigest.net)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=19587826
-------
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=9S6bM2dnvB97QKnmor%252fZ6w%253d%253d&CorpName=AIVTECH+INTERNATIONAL+GROUP+CO.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123780786
http://investorshub.advfn.com/Shell-Stocks-Reverse-Mergers-&-Acquisitions-29020/
http://investorshub.advfn.com/Reverse-Mergers-7308/
..looks like at least LQMT will be doing business in that area..
http://www.reuters.com/finance/stocks/300328.SZ/key-developments/article/3476888
As said earlier Glass the one who is handling this has had some continued top of the deck dealings lately.. these R/M's seem to do well..
Reverse Mergers http://investorshub.advfn.com/Reverse-Mergers-7308/
$AIVI
Dead and buried, sadly. .... But its partner ( rather,
its first cousin ) SKYC is still alive and kickin' .
I am neither recommending nor am I dissing SKYC.
But I do hope it succeeds long-term. ..... Because I
still have lots'n'lots of SKYC shares.
Until2017
I was thinking the same thing
..who knows maybe a MJ Company will want to use this as a shell to go pubic and hurry in while keeping the SS intact.. we can end up doing well !! ?
ugH!, ..this will be a constant reminder now, Apple Supplier Sharp Confirms New iPhones to Switch From LCD to OLED Displays
Monday October 31, 2016 6:16 AM PDT by Joe Rossignol
http://www.macrumors.com/2016/10/31/sharp-confirms-oled-iphones/
THANKS !
Until2017
How much was your original share count holding reduced ?
I mean after the conversion was completed ?
$AIVI
How much was your original share count holding reduced ?
I mean after the conversion was completed ?
Thanks
Until2017
Here's the disclosure information for VLOV -> KALY. My shares have the same value. The timeline is from 2013 to 2016. I'm trying to get information on the new company CEO to no avail.
http://www.otcmarkets.com/financialReportViewer?symbol=KALY&id=155766
When did it change?
How long did it take before new company took over... and did your shares lose value?
Guys, maybe we'll have some luck here with a new business. One of my other stocks VLOV, formerly a China men's fashion business, was divested and is now reincarnated as KALY, a U.S yacht servicing company. I still have my shares so I'm still in play
Again, I talked to the guy who took over the abandoned company. The due diligence to see if there are any long tailed liabilities could take another year to see if a r/m is even possible. Delinquent filings would be pretty low on the list. Unreported debt, etc would be more significant right now.
Depending on what you have, I'd just let it sit. If you have 1MM, I might then consider dumping slowly, but if it is only a couple of hundred thousand shares, what's the point?
$AIVI
The people who created the AIVI stock Company in America were
men of NO HONOR who never intended to file one lousy filing.
There was some talk of AIVI being a potential R/M candidate.
SHELLS NEED TO BE CLEAN. ... Not sure if delinquent at filings
dirties A BANKRUPT ENTITY that might be useful as a shell, but
there you have it.
READ ABOUT HOW CLEAN A SHELL SHOULD BE :
http://www.bradshawlawgroup.com/reverse-mergers-a-basic-primer/
LOOK AT MAJOR CONSIDERATIONS HERE ( CLEAN , again ) :
http://investorshub.advfn.com/Dormant-Shells-9916/
AIVI may be dormant, but it is not very clean IMO. ... Men of NO
HONOR dirtied it up good with bad management, failure, and an
inability to follow reporting rules here in America.
And this was a Chinese Company, huh ? ... Run by men of NO
HONOR ! ! !
Until2017
Second alert on AIVI being severely delinquent in filing Financials and is at extreme risk of an SEC Suspension and subsequent stock registration revocation. The last 10Q was in November 2011.
https://www.sec.gov/cgi-bin/browse-edgar?company=Aivtech+International+Group&owner=exclude&action=getcompany
AIVI is on the list of delinquent filers:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123772332
1454 SEC Filers have been Suspended by the SEC for Financials delinquencies. The SEC Administrative Law Judge subsequently revoked (or will revoke) the Registrations of each delinquent SEC Filer.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123541685
AIVI's former owners abandoned the company. Not sure what is left on either the asset side, or liability side. Could be another year before we know.
About all most could do is watch to see if BG abandons his latest project.
As I see it, I have two choice, slowly sell at a gain when able, which is infrequent due to lack of liquidity, or see what BG due diligence comes up with.
I found a Youtube "How to invest in shells". Enjoy
I am swamped with work.... preparing for a conference I am speaking at in Colorado Springs next week. I will not have the time to research what is going on until after.. but I will certainly be watching and commenting when I can.
There is much to seek out and learn.
With this share structure it should move quick!
I agree. What do we have to lose....at this point? Let's keep our chin up ... and see where this is going.
Its a new life. This thing was dead and buried and close to disappearing forever. This guy will clean it up and hopefully do a reverse merger with an ongoing company with revenue and earnings. After that we take our chances. This is about as good of news as we could have expected. We have gone from nothing to having a shot.
GOOD POST, excellent.
Thanks
SHARE STRUCTURE NOT CHANGING is key.
If the S.S. does not change, or changes little, there is a chance
to do well. .. Or even to profit massively. .. Time will tell.
Time is the ultimate and official arbiter of such issues. .. Time
has demonstrated completely that AIVI Management was tot-
ally and irredeemably incompetent.
I gotta do some strong DD on this GLASS character. .. From re-
cent posts here on this AIVI Board, he sounds like the real deal.
Until2017
After you had your share count MASSIVELY REDUCED by the "Reverse"
merger, what was the real gain?
http://www.investopedia.com/articles/stocks/08/reverse-merger.asp
QUOTE : ... "Reverse stock splits are very common with reverse mergers and can significantly reduce the number of shares owned by stockholders."
REPEATING, "Reverse stock splits are VERY COMMON . . ." ( emphasis
mine ) and it was the reverse part of the operation to which I was referring.
When your ownership is reduced 90% ( typical ) then a TEN TIMES SHARE
PRICE INCREASE is washed out .
I am not saying it can't work, I am just saying that the REVERSE re-
duction is a massive drag on the whole process. ...I think Yellowcake
Mining went through a TEN to ONE reduction ( you could say this instead,
"One share for Ten" ) when the skank Company AIVI took over the shares .
Until2017
One of the best boards to find dark stocks that are coming to live again.
But that's not always the case. There are some attorneys that buy up shells and er looking for reverse mergers. Some will screw you, but some don't. If you see Adam Tracy, stay away because yoy will end up with nothing. Glass is the new kid on the block. He did SSTC RM which is now COSG. Share structure didn't change during the process, so that's why I bought into AIVI.
I have no clue. Maybe the company went private or stopped operations. All I know is that Glass is the new owner, that he is buying clean shells and searching for companies that want to go public through a RM.
Going to be interesting come 9:30 Monday morning!
Yeah, who needs a business anyway. That's just extra baggage. LOL
AIVI .027 THIS WILL RUN TO .30 on air! GET READY FOR LIFT OFF!!!
You're saying that AIVI is just a shell with no underlying business, is that correct? What happened to the business that produced X Rocker chairs?
Shell-Stocks-Reverse-Mergers-&-Acquisitions
http://investorshub.advfn.com/Shell-Stocks-Reverse-Mergers-&-Acquisitions-29020/
I've had 'em go from .02 to 22 cents so ya never know.. and there is little debt from what I understand so $AIVI is an attractive clean shell that should move quick.
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Name of the entity & % of AIVtech ownership of its subsidiaries: | Place of Incorporation | Ownership Percentage | ||||
AIVtech International Group Co. | Nevada | 100 | % | |||
AIVtech Holding Co., Ltd | Hongkong, China | 100 | % | |||
Shenzhen AIVtech Electronics Co., Ltd. (Shenzhen AIVtech) | Shenzhen, China | 100 | % | |||
Dongguan AIVtech Electronics Co., Ltd. (Dongguan AIVtech) | Dongguan, China | 70 | % | |||
Henan AIVtech Electronics Co., Ltd. (Henan AIVtech) | Henan, China | 60 | % |
Currently the plan is to start production in 2014. The total investment in this project will be around ¥30 billion (or about $4.82 billion, including building all the infrastructure such as roads and power lines), and the first line (with the 30,000 monthly sheet capacity) will cost ¥3.6 billion ($580 million). Obviously this is a very ambitious project, especially if you consider that AIV is currently trading at a value of around $1.7 to $3 million USD. It doesn't seem likely to me that this company will be able to raise the cash needed to develop this project (although the local government will help with the funding and AIV claims they have investors lined up).
WATCH THE VIDEO LINKED HERE AND SEE WHAT AIVI IS INSTALLING NOW, Q4 2013:
http://www.oled-info.com/ots-publishes-new-corporate-presentation-video-showing-their-pca-48-45-gen-ink-jet-processing-line |
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