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I generally just use Google Translate, it's not the greatest but it's good enough to get the gist of whats being said, and light years better than online translators were in the old KNBA days.....lol.
For whatever reason numerals, dollar amounts, etc, don't seem to translate well though, I was trying to figure out the Chinese number system the other day and quite frankly left my head spinning......ended up with more questions than answers....lol.
Anyway, you can always post any stock or non-stock specific stuff on my OTC IPO board, I certainly welcome your input.
http://investorshub.advfn.com/OTC-IPOs-32479/
I tried to send you a direct message but apparently iHub has changed and there are certain things which have changed.
While I cannot read nor interpret Chinese, I do have good friends that could assist with that portion.
Welcome back, yes has been quite awhile. Still waiting on more details here, have not seen any updates as of late, but I think this and BL_YQ are two of the best looking Chinese RM's currently on my watchlist. As usual with Chinese RM's though, it's taking some time to develop.
hmmmm....
On the sidelines for now.
And to Big Brother, I haven't been on iHub in years and years but I hope all is well since we last spoke.
Been quiet on the Evergreen front, have not seen any new news as of late. I did however find a website the other day for one of their scenic spots, covers about 2500 acres, and will be one of the many assets rolling into EVGI....very nice looking place, all sorts of stuff to do here.
http://www.cqgjyls.com
Website and contact info for EVGI's apparent new IR firm.
https://asiaalphair.com/
Email: info@asiaalphair.com
Latest news out of China, Scott Powell, President and Founder of Asia Alpha Investor Relation, brought onboard to handle IR for the company's venture into the US capital markets.
Powell is also Executive Vice President, Investor Relations & Chief Financial Officer of VolitionRx Limited (NYSE:VNRX). He previously handled IR for Himax Technologies, Inc. (Nasdaq:HIMX) as well.
http://chang-qing.cn/news/news_n?id=239
https://www.linkedin.com/in/scott-powell-722257a/
I could be wrong but I believe this could end up being a dual Chinese NEEQ and US OTC listed ticker.
Right now it does not appear to be not trading there, due to 'major asset restructuring' at least that's what the translation would indicate. Also, I don't believe all subsidiaries of the group are included in the original NEEQ listing, just the tourism, pension and elevator? businesses. Perhaps they are rolling in all subs, thus the asset restructuring.
Hard to say right now, but that's what it looks like to me, at this point you have to rely on Google translate for everything, which is barely helpful.
This website which appears to be under construction as of 2018, and shows the NYC skyline, as well as English/Chinese titles, could be the one they are going to use for US investors. None of the links seem to work yet though.
http://www.changqingfoundation.com/
This looks like another one of their subsidiary websites, but not as updated as their main page listed in the iBox.
http://www.cqgjqh.com/
Google translated Chairman's message from 2016 claims 6 Billion yuan($880M USD) in assets back then.
http://www.cqgjqh.com/27
Good news, found a 40 minute video interview with Jiangou Wei from earlier this year, telling all about the company, and has 15 million views..!
Bad news, it's all in Chinese with no English subtitles....lol.
http://v.ifeng.com/video_11748742.shtml
Agreed. Nossiff is clearly going to be assisting them in the RM process, there is really no question in my mind, they are going public via this shell, that's a given at this point. Also, all the DD would indicate they are a very large company, with numerous subsidiaries.
My main concerns are:
A) what is the capitalization going to be post RM. When they listed on the local OTC in China they had 130M o/s with Jiangou Wei holding most of the shares. If they decide to go that route here, I sincerely hope they do a forward split vs just a big share issuance. They hold nearly 99% of the o/s, if anyone should forward split it's these guys. If your holding 55% or something, then issuing shares makes sense, but in this case a f/s makes FAR more sense.
B) Are they able to bring in foreign investors, thus far they have shown no ability to do so, but it's still very early in the process as well, the RM has not even taken place, only a change of control.
I've seen some Chinese companies that were pretty large, CMCI comes to mind, that never did anything here in the US, and the pps stagnated..........and other small, mysterious Chinese companies where the stock price ran to $30.00.
So you don't really know, could be a bust or could be a huge runner, you can't always tell by the size of the company, their ability to bring in Chinese buyers/investors is key, once they get the ball rolling US investors will follow.
At least with Nossiff onboard now they won't be totally clueless about the US Capital markets.
Hopefully we get some positive info from the visit
US guests come to China to inspect Changqing International Pension Industry
http://www.baoding58.com/n289627.htm
From August 16th to 19th, with the invitation of Wei Jianguo, Chairman of Evergreen International Group, the original shareholder and representative of American listed company ARBE, and the founder of the nossiff law firm llp law firm, John G. Nossiff, came to China. Investigate Changqing International Pension Industry Group.
On August 16th, john g. nossiff and his party arrived at Changqing International's headquarters in Chongqing's Jiefangbei Central Business District to listen to the company's development and future development plans. Subsequently, Mr. John G. Nossiff came to the Changqing International Recreation Base, Yanglu Mountain Scenic Spot, to inspect the industrial layout, operation status and development scale of the scenic spot. After the visit, he praised the construction and scale of the scenic spot, and praised Changqing International for making the industry such a scale, which is really amazing.
On August 17, john g. nossiff and his party arrived at Baoding, the ancient city's origin, and held a fruitful meeting with Wei Jianguo, chairman of Evergreen International Group. During the talks, Wei Jianguo gave a detailed introduction to the future development of Changqing International and sincerely invited him to join the development of Changqing International in the future. John G. Nossiff accepted the invitation with pleasure and said that he would like to make suggestions for the future development of Evergreen International, and provide resources and help for Changqing International Group to expand its international business in the US capital market and build a health and maintenance base in the United States. Subsequently, john g. nossiff visited the group office area and the Changqing International Kangyangcheng project.
On August 18th, john g. nossiff inspected the Changqing Cultural Park project in the South Second Ring Road. After the end of Baoding, john g. nossiff and his plane flew to Hainan Province to inspect the Changqing International Kangyang Base, the Chaxi Valley Scenic Spot.
It is reported that on June 22, 2018, Eastern Time, the chairman of Evergreen International Group, Wei Jianguo, officially signed an acquisition agreement in New York Times Square to acquire the US listed company arbor entech corp (stock code ARBE). On July 27th, the company name has been changed to Evergreen International corp (the stock code changed to EVGI). John G. Nossiff's visit to China accelerated the development of Changqing International's capital market in New York and laid the foundation for future development in the international market.
Looks like Nossiff was still in China as of last Friday, given that he was the legal rep for this shell, one can only assume from this long visit that he will more then likely be assisting them as well, in their going public in the US.
According to the article, one of the places he toured was the Changqing Cultural Cemetery, which I believe is this one, a 1000 acre cemetery with about $150M USD invested in it, just one of their many subsidiaries.
http://www.microsofttranslator.com/bv.aspx?from=zh-CHS&to=en&a=http%3A%2F%2Fwww.cqgm.cn%2F
News yesterday in China, looks like John Nossiff, who is/was the legal representative for the ARBE/EVGI shell was invited there to tour the Evergreen Group company HQ and one of their scenic spots.
http://chang-qing.cn/news/news_n?id=237
Important Information
This will probably be obvious to most, but I thought it was worth posting anyway to clear up any possible confusion.
The ticker symbol EVGI was a previously issued ticker symbol to some crap penny stock called Eco Ventures Group, Inc. That ticker eventually changed and became something else, and the symbol itself went back into FINRA's symbol pool to be used again in the future.
If you are conducting research on Evergreen International Corp.(EVGI), any references you see to that ticker symbol before 7/2018 have nothing to do with the current company.
It's possible that the company requested the symbol, without knowing it was previously used, or FINRA just decided to dish it out again, regardless the current EVGI has absolutely nothing to do with Eco Ventures Group, Inc.
The current EVGI(Evergreen International) has only had this symbol since July 2018, before that it was known as Arbor EnTech Corp (ARBE).
I see, thanks. I'm looking at shuffling some funds right now.
I don't think anyone is in at less than $1.00, trading really started on 7/31/18......there were a couple tiny trades for 150, 10 and 77 shares but the bulk of it started on 7/31.
Before that there had been no trades of any significance since 2010 -2011.
Going back 10 years, the largest trade I could find was for 1500 shares in 2010.
08/03/18-- 2.50-- 100-- OTO
08/03/18-- 2.50-- 100-- OTO
08/03/18-- 2.50-- 100-- OTO
08/02/18-- 2.00-- 400-- OTO
08/02/18-- 2.00-- 100-- OTO
08/02/18-- 2.00-- 100-- OTO
08/01/18-- 1.99-- 100-- OTO
08/01/18-- 1.99-- 100-- OTO
08/01/18-- 1.98-- 100-- OTO
07/31/18-- 1.98-- 100-- OTO
07/31/18-- 1.98-- 100-- OTO
07/31/18-- 1.98-- 100-- OTO
07/31/18-- 1.50-- 100-- OTO
07/31/18-- 1.20-- 100-- OTO
07/31/18-- 1.00-- 200-- OTO
07/31/18-- 1.00-- 100-- OTO
07/31/18-- 1.00-- 200-- OTO
07/31/18-- 1.00-- 1000-- OTO
07/31/18-- 1.00-- 300-- OTO
07/31/18-- 1.00-- 500-- OTO
--------------------------------------------
07/23/18-- 0.0001-- 77-- OTO
07/18/18-- 0.025-- 10-- OTO
06/13/18-- 0.011-- 150-- OTO
---------------------------------------------
10/23/??-- 0.00-- 50-- OTO
01/23/??-- 0.0001-- 25-- OTO
09/12/11-- 0.111-- 100-- OTO
08/15/11-- 0.111-- 300-- OTO
01/21/11-- 0.111-- 295-- OBB
12/20/10-- 0.11-- 1500-- OBB
09/17/??-- 0.7588-- 110-- OBB
Yeah your right with a float like that, just wish I pulled the trigger earlier, even @ a buck, but I picked up some Pgnx prior to their PDUFA. Some of that $ was slated for EVGI on a dip. I may pick some up tomorrow JIC. Thanks for DD!
Hard to say, with a 91K share float $2.50 could be incredibly cheap, if or when the Chinese decide to start buying this.
Market cap right now is only $18M, this news article would seem to indicate that this one project with the Yushu Government last year is worth 2.2 Billion yuan($322M USD) alone.
http://translate.google.com/translate?hl=en&sl=zh-CN&u=http://chang-qing.cn/news/news_n%3Fid%3D55&prev=search
Add this one claims they have already invested 10 Billion yuan($1.4B USD) in various projects:
That sounds very reasonable. Hope they use similar logic. I may have missed this boat @ the. 50's. It is a bit pricey now, but have it on WL. GLTY
I almost hope that if they are intending to raise the Authorized Shares to 100M, it is in order to effect a forward stock split of between 3:1 - 5:1.
If they did say a 5:1 forward split that would make the outstanding shares 36.7M, with the Chinese owning around 36.3M(99%) of that, and around 450K share float. This would give them plenty for shares for equity financing while still keeping a share structure that is very attractive to US investors....and easily capable of reaching NASDAQ or NYSE uplisting price levels.
A forward split any higher than that and I think it begins to looks less and less attractive to US investors IMO. I think probably 15M - 35M is the ideal share structure because it can be reasonably liquid but also still have a high upside.
Here is a Chinese news article showing the signing ceremony with representatives of this shell (ARBE now EVGI) and Jiangou Wei, Chairman of Changqing International Pension Industry Group Co., Ltd.(aka Evergreen International)
http://www.sohu.com/a/239234101_100125701
Translated:
Did you notice this discrepancy?
This is from the SC 14F1 dated 7/27/18:
Our authorized capital stock consists of 100,000,000 shares of common stock, par value $0.001 per share (“Common Stock”), of which 7,350,540 shares were outstanding as of the Record Date, and 1,000,000 shares of preferred stock, of which no shares are issued and outstanding. Each share of Common Stock entitles the holder to one vote on each matter which may come before a meeting of the stockholders.
This is from OTC MARKETS info:
Authorized Shares 10,000,000 07/20/2018
Arbor EnTech Corporation (ARBE) changed to Evergreen International Corp. (EVGI)
http://otce.finra.org/DailyList
ARBE lots of cash on hand for a shell.
100,000,000 and 10,000,000 Shares; Issued and Outstanding 7,350,540 Shares as of January 31, 2013 and April 30, 2012,
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9124223
INFO: The secretary of this company has a family trust that invests in AJW funds operated by Corey Ribotsky. The funds invest in downward spiral financing.
It is unclear if there is any association with this stock and Mr. Ribotsky.
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