Oranco Inc. (ORNC)

[shanak10]

You might want to read the last 8K
https://www.otcmarkets.com/filing/html?id=12852043&guid=R9CoUpyatSSW_3h

[Quintessence]

I gave up on this one a while back. Glad to see it might be making a come back. Watching it closely.

[shanak10]

$ORNC bid .32 ask .50

[shanak10]

$ORNC nice buys coming in.

[adijas]

Had it on my WL, just got in. Incredible numbers:

Unaudited Nine months ended March 31, 2018

Net income 38,970,171

[shanak10]

Just saw this 8K from 7/6/18 https://www.otcmarkets.com/filing/html?id=12852043&guid=kjvoUKBJJmlKJ3h

[shanak10]

10Q https://backend.otcmarkets.com/otcapi/company/sec-filings/12766023/content/html

[shanak10]

10Q out https://www.sec.gov/Archives/edgar/data/1098996/000121390018006532/0001213900-18-006532-index.htm

Oh and Hanibal .. Hope you know your history and know who Hanibal was and how he died.

[Hanibal]

Paypal me $100 and I'll share it

[shanak10]

Can't find it, mind sharing link?

[shanak10]

https://backend.otcmarkets.com/otcapi/company/sec-filings/12755682/content/html

[Hanibal]

NVSOS updated with the new officer

[shanak10]

I do not think this filing will help pick up the volume. jmho

[Quintessence]

Good to see a filing. We'll see if volume picks up...

[shanak10]

10K https://backend.otcmarkets.com/otcapi/company/sec-filings/12662332/content/html

[$hellKing]

Only sucky thing is the Asians take forever. but when they do get around to it the stocks usually fly like crazy

[Quintessence]

Yes, disappointing for sure. But I haven't given up hope yet. Significant news or filing could turn things around quickly.

[$hellKing]

Kinda lame so far. thought this might go .60s or so but sellers/diluters didnt let it rise. Hope still this could maybe go 1.00 if a good RM comes into place.

[Quintessence]

Good to see green today.

[Kicko]

Nice action today, I found the house the CEO bought upon coming to America

https://www.realtor.com/realestateandhomes-detail/7835-Royal-Melbourne-Way_Duluth_GA_30097_M61141-83574

Nice spot!

Images of other homes in the neighborhood here:

https://www.google.ca/search?q=7835+Royal+Melbourne+Way&rlz=1C1NHXL_enCA711CA711&source=lnms&tbm=isch&sa=X&ved=0ahUKEwip0J_p7NDYAhUL5WMKHVqVAFEQ_AUICygC&biw=1536&bih=760#imgrc=cypTK-hXJZzsyM:

[Quintessence]

Agree. Starting to see more action today.

[shanak10]

Looks like she is ready to make a move.

[shanak10]

https://www.linkedin.com/in/elizabeth-fei-chen-24964842

[Kicko]

Here is the Lawyer the buyer used to complete the reverse merger. Trying to find more about the buyer. Guessing it won't be long until we know

https://www.pryorcashman.com/lawyers/elizabeth-fei-chen.html

[Kicko]

Pumpers can't get filled for any prior to PR so they won't acknowledge it

[Quintessence]

Now's the time to be adding...

[shanak10]

Added more to my position today. Ready to roll.

[Kicko]

More eyes on this now, trading with a better spread and more liquidity I think it will really start rocking.

[Quintessence]

Looking good. Volume picked up nicely toward the close.

[shanak10]

Mazal Tov. Now let's rock.

[Kicko]

Form 4 just now, deal is done. Old owner is out:

http://archive.fast-edgar.com//20180108/ADUT722CZ22ZP2Z2222A22ZUKTTIZZ2222A2/

[shanak10]

Quintessence' Thanks for reply. Of course he now owns it, he got 90.4% stake in the company.

[Quintessence]

According the 12/26/2017 SC-14F1, Million Success is owned by Mr. Peng Yang, who is now the Sole director, President, Treasurer & Secretary or Oranco. The 13D is related to the SC-14F1.

https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12445540

Amount of Beneficial Ownership Percentage of Class
Million Success Business Limited (1) 38,121,530 90.4 %

(1) Mr. Peng Yang, the sole director of Million Success Business Limited (“Million Success”) has the dispositive and voting power over the shares held by Million Success.

CHANGES TO THE BOARD OF DIRECTORS AND EXECUTIVE OFFICERS

In connection with the closing of the Share Purchase, there will be a change in our Board and executive officers Mr. Claudio Gianascio, who serves as our President, Secretary, Treasurer, and sole director, will resign from his directorship and executive officer positions effective on the Effective Date. Prior to that, our sole director appointed Mr. Peng Yang to serve as our sole director, President, Secretary, and Treasurer, with such appointment and his resignation from all positions to be effective on the Effective Date.

Mr. Yang, who is to be newly appointed to our Board, was not a member of the Board prior to the Share Purchase and did not hold any position with us and had not been involved in any transactions with us or our director, executive officers, affiliates or associates which are required to be disclosed pursuant to the rules and regulations of the SEC. To the best of our knowledge, Mr. Yang has not been convicted in any criminal proceeding nor has ever been a party to any judicial or administrative proceeding during the past five years, that resulted in a judgment, decree or final order enjoining the person from future violations of, or prohibiting activities subject to, federal or state securities laws, or a finding of any violation of federal or state securities laws.

Also provided herein are brief descriptions of the business experience of each director and director nominee during the past five years.

Director and Executive Officers prior to the Share Purchase

Name Age Position(s)
Claudio Gianascio 57 Sole director, President, Treasurer & Secretary

Mr. Gianascio, age 57, is a Swiss citizen and private investor. He is also CEO of YouStart.me Sagl a Swiss venture capital. Since 1999, he has been President, Secretary, Treasurer and Director of Oranco, with the exception of 2011 to 2015. Mr. Gianascio holds a Master Degree in Economics which he received from the University of Geneva, Switzerland and was a Fiduciario Finanziario within the state of Ticino, Switzerland.

Director and Executive Officer Appointee

Name Age Position
Peng Yang 26 Sole director, President, Treasurer & Secretary

Peng Yang, sole director nominee Mr. Yang has international business and management experience from his positions working with Huaxin Wines, a company engaged in wine trading and Sure Rich Investment (Group) Limited, an investment company. He has served as the general manager assistant and overseas affairs manager of Huaxin Wines since 2015 and as limited director of Sure Rich Investment (Group) Limited since 2016. Mr. Yang holds a bachelors of engineering degree, with honors, from the University of Auckland in New Zealand.

[shanak10]

I thought 13D is outside ownership but I may be wrong. I am a newbie
ORNC Million Success Business Ltd has filed a new activist 13D, reporting 90.4% ownership in Quintessence'

[Quintessence]

High inside ownership. Very low float.

[shanak10]

13D https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12467653

[TrendTrade2016]

players here are pumpsters

[ThirdSyte]

Dropping the same cheap on a different ticker.

[shanak10]

And the reason you call it pump and dump? Have you read any of the filings?

[thepoet75]

New change of ownership, I hope it gets pumped aka an increase in share price.

[Kicko]

Yeah, a bunch of perfectly created SEC filings over the last 2 weeks showing an immaculately executed reverse merger. What would even possess a person to make a comment like this?

[TrendTrade2016]

complete PUMP AND DUMP

[shanak10]

It is a very nice play now. I think more eyes on it this week. Good luck to all.

[shanak10]

My apologies Quintessence. You did post on the 27th. I was also only kidding. Great job and good luck.
I too added on Friday.

[Quintessence]

I jumped in on 12/27, after the SC-14F1 filing, and started posting here then. Between the SC-14F1 and today's 8-K I think we have a potentially very strong mover! I was able to average down a little today.

[Kicko]

I was able to take some off the ask today. Thing about BMIC being there is we need him for liquidity atm to get the share structure to the right size for trading. This is a very nice play now.

[shanak10]

Good luck. Why didn't you alert us when you first bought? Oh well no big deal we were able to average down.

[Quintessence]

I added as well. This could move up quickly!

[Kicko]

Beautiful 8k

[shanak10]

Check 8K filed today https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12464811