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I spoke to Patrick Au the new CEO of MSBM. He asked the name of the person who sent an email ….They will be back in their office Monday …..
No chance - really?
From their website
LOL
You're a funny individual.
I've heard this song and dance/dog and pony show story so many times now.
Usually doesn't end up well in my experience.
That's so nice of you.
Very VIRTUOUS!!!!!!!!!
I will ask them Friday , when they are back to work , if they have received any emails from Shareholders. . Where did you get their email address from ?
If that’s the case why don’t they contact their shareholders who requested information - I think the best place to start is there - I’m still waiting on their response I think I can help them out $MSBM
Conspiracy theories are stupid …..these guys paid 300k in USD to buy control of this company ….anyone who knows people from Hongkong , they don’t invest in anything for no reason …..they are looking at the big , long term picture …not worried about penny stock fodder . Everyone involved in this deal are reputable CPAs or Lawyers, who manage large funds….
I don’t have a dog in this fight ….huge spread in this deal . Only helping my friend in Hongkong who asked me to help .
Looks like I'll be bidding .02 on Friday.
Your 1st post in MSBM was on 1/12/2022 when MSBM was trading at .195.
It is now .025 bid .
VERY INTERESTING
Update:
MSBM
.025 - .075
60,000 shares trade at .06
Damn DTC and Chinese New Year.......
MSBM
.0551 - .1250
Damn DTC and Chinese New Year.......
Oh - okay.
That's the reason for all the selling and lack of buying.
Gotcha - thanks
There is nothing but sellers. Otherwise we would be up, not down.
I would buy some around a penny.
It is Chinese New Year in Asia now no one works until Friday ….banks and brokerages are shut down …so go ahead and sell ….you will be very sorry .
The transition from Shell to operating company takes time and effort . Especially custodian shells , but if not for these guys you would of lost everything , you would be trading on the expert market ( grey sheets ). And would have no chance
Ahh - yes you did!!!!!!!!!!!!!!
I tried contacting them - they don't respond either $MBSM just got another seller....I have an order in at $0.01 will see where this goes
In my opinion this deal will be a huge winner!
I didn’t say it would have no chance . I said had not David Lazar and now the present owners had not spent the time and effort to save DIEN from crashing and burning …..you would not have the opportunity you have now to actually make money .
Why would you say that MSBM would have no chance?
One call - feel free to give them my phone number!!!!!!!!!!
Or maybe he doesn't want it to move..........
The transition from Shell to operating company takes time and effort . Especially custodian shells , but if not for these guys you would of lost everything , you would be trading on the expert market ( grey sheets ). And would have no chance .
They got zero free trading shares from Lazar ….he never delivers free trading on his deals .
We have bought shares from ETrade and ask to have them deposited into DTC , Very slow process .
0 shares in CEDE? So he doesn't have any shares to deposit into CEDE - I find that difficult to believe. Maybe he should buy some shares and have them deposited - make sense no?
I know the new CEO personally , he asked me to help get shares into DTC , and yes I have seen the shareholders list ….you don’t need a NOBO list to determine if shares are deposited into DTC …just look on a standard shareholders list and look for CEDE and Co as a shareholder, if their is no shareholder named CEDE , their is no shares deposited into DTC …..also contacted the TA who also confirmed this.
The CEO is a well known CPA and fund manager in Hongkong . He manages several huge Family Office funds . I’m sure if they wanted the share price to move , he could with one phone call . They are a stickler for doing things correctly …and DTC eligibility is the last thing on their list .
$MSBM - Need Company update soon!
$MSBM looks like someone trying to bring this down too
DTC mean nothing if there's nothing happening with the company - tried contacting them several times no response - Not very good not to communicate with investors. $MSBM looks like they issued about 80M shares for something - I guess will have to wait for next Q to see who got them. Not worth as much today I guess - and the more they are silent, the less it will be unfortunately $MSBM
DTC or no DTC.
Somebody is selling the stock.
Bottom line.
There's 1.3M shares float - u think no shares are in DTC - have you got a NOBO list that shows 0 shares in DTC - Fact is, the company need to provide updates - Seems they just issues a bunch of restricted shares - possible purchase/Takeover - seems like dilution to me. Unfortunately I have been liquidated my position - lots of other bargain out there to pass up - GL $MSBM.
Found out the Goldman Sachs , Merrill Lynch , and about 7 other brokerage firms own this stock , probably holding it for their customers …..but no shares deposited into CEDE and Co. They holding company for DTC …..
Fidelity, in general does not use DTC. They can buy and sell from the mutual funds and customers...accounts.
Checking to see if fidelity is also on the shareholders list …..
I bought and sold with Fidelity.
If you are buying shares , it must of been through ETrade or Charles Schwab. They already have shares in inventory and matches your trades with a seller within the brokerage firm …..they do not buy them in the open market . Manual transfer of shares is very slow and expensive…DTC allows shares to be transferred broker to broker electronically within Two days of the transaction . This can only be done if the company is DTC eligible. MSBM has now completed its application for DTC eligibility, they just need shares deposited into DTC though its trading company known as CEDE and Company .
I've been trading this for months - I do not understand what you are saying.
They cannot sell shares that are not in DTC …..only match buy sell trades internally in brokerage firm . Commonly called crossing .
What about all the sellers?
The company now is DTC ineligible, they have applied for DTC eligibility, which is a long drawn out process …..no one in the company has access to free trading shares , so they need someone who has free trading shares to ask their brokerage firm to deposit their shares into DTC ….this changes nothing in your account except you can trade the shares outside of your brokerage firm ….not your shares are only being recycled by your brokerage firm , not trading in the open market .
Depository Trust Corporation …Google it.
I don’t think that’s the issue - the company need to provide update which they have not since the RTO - guess the company does not want it to trade right now / no worries just sitting on a bunch of $MSBM shares waiting
Need your help !!! MSBM needs to have your shares deposited into DTC . This will allow electronic transfer of shares between brokerage firms ….increasing trading activity , liquidity and volume. Please ask your broker to deposit your shares into DTC , nothing changes in your account , just the flexibility to trade your shares in the open market.
Company need shares deposited into DTC from brokerage account ….in order to become DTC eligible. Anyone can help with this …please ask you broker to help out ….
I added on the dip today.
Late Christmas presents here, come to Papa Smurf $MSBM
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