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The Sector for Longwen Group Corp is Home Furnishings & Fixtures
The lowest Market Cap in the market is $2.2 mil going all the way up to $246.8 billion!
Most are well over $10 mil
Just imagine a Forward Split to increase liquidity on this company!
Earnings Per Share (EPS) = Net Income - Dividends on Preferred Stock / Average Outstanding Shares
No preferred shares issued at this time
Net Income of Longwen from an old Press Release is $2,000,000 and increasing yearly
That means EPS = $2,000,000 / 127,061 = $15.71!
$DPHS
Been doing DD on Keith Wong... He has serious connections all over the Chinese Reverse Mergers into the OTC!
You were in $DPHS before Reverse Split of 1:750 to prepare the shell company for Merger.
Now we have a Merger in full effect with Longwen Group Corp already bought 52.4% of The Outstanding Shares of 127,061 as of November 29th, 2016
DD shows that Longwen Group Corp makes over $2,000,000 in Net Profits and the float left over after restricted shares is only 60,394
PPS should be well above $10!
Even if doing dollar for dollar based on profits alone the PPS should be $15.74
Also the Revenue and Profits could be so much more as the Audited Financials have not been released yet.
$DPHS - A legitimate Chinese Merger with very low float
This Market Cap of $302,000 is uber small when the Net Profit for the company who bought the shell is purportedly greater than $2,000,000
Please read old news release with same person (Keith Wong) involved in merger plans to prove it's the same company (Longwen)
http://chinesepubliccompanies.com/page/2/?s=eastbridge&x=0&y=0
Here is an English Translation webpage for Longwen
https://translate.googleusercontent.com/translate_c?depth=1&hl=en&nv=1&rurl=translate.google.com&sl=auto&tl=en&u=http://www.longwen8.com/&usg=ALkJrhjAu9Mr24vv0upCEWoF1pqQThzF0w
$DPHS news on very small float of 60,394 :)
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11719501
$DPHS the new company is here and bought 52.4% of the uber small OS of 127,061
Longwen Group Corp has history in trying to list on the OTC and has revealed that there Net Profits for the two main subsidiaries is over $2,000,000
It's also easy to grab a nice chunk under $2.5 because someone trying to short a low float company.
I do believe Longwen Group Corp. has other plans and will reveal in PRs and 8k filings.
It's a good time to buy back into $DPHS as the Chinese Merger is in full effect and it old PRs show that they have Net Income over $2,000,000
$DPHS recently was bought by Longwen Group Corp.
Chinese Merger with reasonable expectations for greater than $2,000,000 in net profit every year!
Please see old press release:
http://chinesepubliccompanies.com/page/2/?s=eastbridge&x=0&y=0
The Market Cap is still so small at $303,000
Should be well over $10 imho
$DPHS - Latest news with 60,394 in the Float :)
Allied Ventures Holdings Corp Appoints Mr. Ye XiZhen as its new Chairman
SCOTTSDALE, Ariz., Nov. 30, 2016 (GLOBE NEWSWIRE) -- Allied Ventures Holdings Corp (OTC:DPHS) today announced the resignation of its officers and director, and the appointment of Mr. Ye XiZhen as the new board chairman and CEO taking effect as soon as practicable in accordance with the regulations. There are no disagreements between the departing parties and the Company. Mr. Ye XiZhen is also chairman of Longwen Group Inc, a company specializes in mining, energy, media, medicine and tourism in China. http://www.longwen8.com
Mr. Ye XiZhen commented, "We are very pleased to assume control of Allied Ventures Holdings Corp. We will adopt a new business plan immediately to enter into new markets. We want to thank Mr. Reed Petersen for his great contributions to the Company and wish him great success in his new endeavors."
Forward-Looking Statements
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The Company has no obligation to update these forward-looking statements.
Mr. Ye Xizhen
info@proftron.com
http://m.nasdaq.com/press-release/allied-ventures-holdings-corp-appoints-mr-ye-xizhen-as-its-new-chairman-20161130-00718
Market Cap $302,405 Big week next week imo
Looks like someone painted red at the end of day. Lol
I'd love too, but I've already moved my cash around to buy small chunks at a time over the last week. I bought a small chunk today :)
I'm very happy with my shares
I will buy half if you buy half.
$DPHS 60,394 float / 66,667 restricted / 127,061 OS
The news on 12/02/16 shows ready
By my count today AH or Monday early morning we get full on confirmation of new direction
$DPHS was a shell then Longwen Group Corp. bought 66,667 shares of a minuscule Outstanding Share count.
Longwen Group Corp has PR'd in the past that they have greater than $2,000,000 in net profit every year.
The OS is just a tad bit over 127,000 which leaves a very small float
Next steps imo are PRs and audited financials which I believe are ready to go.
Then they may even do a nice Forward Split!
About to be a big day here imo. Look at level 2 :)
A multi million dollar year over year company has controlling interest (66,667 common shares) in $DPHS and still the market Cap is $241,000
Based on current OS 127,144 and $2mil net income the PPS here should be well over $78
I believe we will know everything, with audited financials before Christmas.
This is much bigger than many known at this point.
Keith Wong is definitive tie to the past Press Releases for LongWen. Please read the following quote for his accomplishments.
But maybe you are saying otherwise
I have no idea. Just saying PR is old.
kt
Exactly right... Which to me means bigger company
But maybe you are saying otherwise
It'll be known soon enough
Chinese Reverse Merger $DPHS super low float
Before you think that $1.9 PPS is a lot just take a look at the OS and Float
- The OS is 127,011
- The Float is 60,344
- The Officers own 66,667 Restricted Common Shares to maintain ownership.
For example... If a company had 1Bil shares in the OS this PPS would be equivalent to 0.000241331131716.
I believe I have found the correct company/companies that will be revealed in the Super 8k and they have more than $2,000,000 in profits!
Revenue much higher and they have already revealed that they intend to up-list when over $3,600,000 in Net Income (25,000,000 RMB) which I believe they may have already attained based on age of the Press Release!
Here is the previous plans for merge that is being resurrected imho!
Haha. Game on tomorrow.
I wish I'd found it earlier today but gives me time to wire some $$$
**** A couple million dollars of net income/yr! ****
This old news article shows the intentions with all the names now under Xi Zhen Ye
Waiting with much anticipation
It doesn't take much to take a nice chunk here!
60,114 float :)
$DPHS
http://www.otcmarkets.com/stock/DPHS/profile
DPHS Security Details
Share Structure
Market Value1 $285,887 a/o Dec 02, 2016
Authorized Shares 550,000,000 a/o Oct 05, 2016
Outstanding Shares 127,061 a/o Oct 05, 2016
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float 60,114 a/o Oct 05, 2016
Par Value No Par Value
Transfer Agent(s)
Action Stock Transfer Corporation
Shareholders
Shareholders of Record 172 a/o Oct 05, 2016
Security Notes
New Issue=11-83 22,000,000 shs at 10 cents (best efforts-12,000,000 min.) by Blinder, Robinson & Co., Inc. et al.
Capital Change=shs decreased by 1 for 100 split. Pay date=10-13-95.
Capital Change=shs decreased by 1 for 200 split Pay date=11/19/2007.
Capital Change=shs increased by 2 for 1 split, payable upon surrender. Pay date=07/07/2011.
Capital Change=shs decreased by 1 for 2 split Pay date=10/14/2011.
Capital Change=shs decreased by 1 for 750 split. Pay date=04/05/2016.
Mr. Ye XiZhen commented,
DPHS 2.5 falling
Any Stock Outstanding Shares Comparison for Ratio sake
- 127,061 current PPS $2.25
- @ 1,000,000 share OS that's .286
- @ 10,000,000 share OS that's .0286
- @ 50,000,000 share OS that's .0057
- @ 100,000,000 share OS that's .0028
I agree and it's well underway :)
Drop some revenue and assets in here and kaboom.
Xi Zhen Ye has a past in successful Chinese companies with millions in revenue
Market Cap should be well over 5 mil imho.
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http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11719501
60,394 Float 66,667 Restricted Shares 127,061 Outstanding Shares
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