Nantai International Inc (NTAI)

[fink]

Check out this reply on the comming March 28th deadline for OTC shell companies
SEC rules are always grey in interpretation so I’m holding my breath on adding any new shells to my port.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171483806

[fink]

No problem. I love this stuff.
Some buy a shell to just have a few shells in their stable and look to sell to the right organization.
These are cash sells from individuals that rehab an old dead shell. Rehab guys make a quick Buck instead of doing the heavy lifting to find a private Company that wants to go public and expand.
Buy a good shell and stick it on the shelf. They must have connections.
Since Biden got in, I’ve trimmed out of a good 30 shell plays. Natural gas and physical gold/silver is my game now.
Horrible time to go public in America. No confidence. It’s why I’m only seeing China, South Korea and UK getting fresh new shells. China can access America cash with an OTC shell. I’ll be honnest, I’ve haven’t seen a good R/M in over a year. All are just like this. They change control and nothing.
I’m down to holding BDCM, EVCI and MSEZ. All have a recent change of control but have not done the official R/M.
I also fear what is going to come down march 28th? What are they going to do with shells status tickers?
They’ve been trying to plow the OTC for over 50 years. They make way more money doing IPOs. Wall Street has always looked down on the OTC. And for good reasons. LOL

[Helpingfriendlybook]

Hey Fink. Apologies to bring up an old post. Trying to get some insight from you.

Why would a Chinese company buy a ticker and do nothing with it? That seems to be the case here. This same person just bought $KAST and it seems like it’s going down the same path this went.

[splintered sunlight]

WOW!!!!!!!

THAT'S FANTASTIC

[adijas]

Wasn't me. I got 17 at 2.75

[splintered sunlight]

Somebody bought 2 shares...

[adijas]

Yeah, it did

[splintered sunlight]

Looks like it started around 3 bucks........

[adijas]

I'm on a bidding war with someone

[splintered sunlight]

NTAI $20 bid

[splintered sunlight]

NTAI $8.5 bid

[fink]

$3 to .75

If I didn’t go high, all the shares would have been bought up below a buck

[aljafy]

what was your bid here? spread is insane

[fink]

Rolled all my BID $$$ into MTRT on the Tier change and news.
Boom!
This looks dead.

Who ever this guy is Jingwei Zhang?
China shit..

[fink]

I know right.
R/M plays are the best.

Wish I had more in this, but 2k was all I was able to muster up.

[aljafy]

Thank you for MTRT! Up 421% in less than a week. Frickin awesome!

[aljafy]

Thanks for the info. Will take a look over there...

[fink]

I pulled all my BIDs snd rolled that cash over to MTRT

Joe Acaro was named in the Atty’s opinion letter.
I knew I heard of that name over the years.
Didn’t take much to get the speed gun on him.,

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152136575

I’ll keep a BID in for 50 shares below a buck till I get bored.
I’m out.,

[aljafy]

Will do, thanks!

[fink]

Look at HVGDF a Canadian company.
It went from CE straight to Pink current. 22m O/S and has yo be a future R/M play.
Why else put out the effort?
It could be unconverted note holders wanting to keep it alive or who knows. If no debt, it could be a cool play.
But why bring it back?



Tier change is buried in the hamburger tab on the front page of OTC, gives..
“Market Activity” tab
Then,
“Corporate Actions” tab
Then,
“Symbol Changes” tab
Then
“Tier Change” tab
Opens it up. Very useful info to look at daily.


I like the ones that come from the dead and have low floats.
Then read “Disclosure” to see if you can get a feel for old 10k publishing old unconverted debt. The ihub and charts.,

[fink]

Yes. Maybe the restricted share holder brought it back alive to dump his 29m shares.
Or R/M it..

[aljafy]

Oh, nice. Crazy spread here?

[fink]

The OTC Tier change page.
I look daily.


It’s a beast to get too. Always takes a try or two and I’ve been looking at it years

[aljafy]

How did you find this stock?

[fink]

I saw this go current today and had to see who put out the effort snd why.



I may throw a grand on the BID @.50 for kicks and giggles.

Looks like a dead China play that someone wants to keep it alive.
Probably the restricted share holders.

29.6m restricted
739 Float.


As the R/M crowd loses their pool of crap shells to bring back alive and sell, maybe this is going to be the market to find shells.

It’s still not publishing a BID/ASK to trade on E-trade.
Maybe tomorrow. Etrade L2 showing .76 x $100.00
Showing a Closing price of $1.00, so who knows?

I’ll watch it for awhile.