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Liu should really consider a forward split here, rather than just doing a share issuance. I have not been able to figure out the plans for this, I'd assume Aichang Games/fieldchain could be the target company, not sure exactly, but a forward split makes more sense, as it's very illiquid, and a share issuance is not going to help with that anytime soon.
Just imagine if Elton Musk is some how connected to this, or even connected to Liu Muzhen, as this article seems to indicate. Of course, you can't 100% know for sure exactly whats being said in these Google translations.
Where there is demand, there is a market , and the market leader must belong to those who really want to bring a "revolution" to the industry. Liu Muzhen, a serial successful entrepreneur who has been praised by the media as the "post-80s with the greatest investment potential", is a well-known game ecosystem builder in China and the founder of Field Chain (FA). Liu Muzhen has been in the game ecological industry for 20 years, has witnessed the rise of the entire industry, and found the drawbacks, and then through the combination of blockchain, the entire industry has been pushed to a new height. Just this year, Liu Muzhen entered the US Nasdaq with the "Ichang Blockchain Game Ecological Platform" he founded, and carried out strategic cooperation with well-known investment projects under Elon Musk, making a global sensation.
Really don't understand this one, was looking good with some buys out of the blue @ $6 and $7, and then got whacked to $2 and never traded again. Just odd trading, even for a Chinese ticker, especially with this share structure.
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