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I’m exactly in the same situation with E*Trade.. glad I held what I got.
Yep, you don’t lose till ya sell at a loss right
I don't think anyone was - three failed RM attempts? How could we be? I don't think anyone was thinking "I know they're going to be successful on this 4th attempt with a company in Taiwan." That would have been awfully impressive to have that kind of foresight. At least we held and waited.
Nice - I'm not preferred. I'm just a peon trader. Good to be in your shoes. :)
I wasn’t very confident about this at that point still not sure that I am but at least it’s going up heh
I’m a preferred trader, it’s all instant when you are, so I’ll wait it out. I don’t think it’s gonna happen anyway. I should’ve did it when it was 2
Geez that would be one massive buy. You can always transfer it and wait, you just never know. Worst that happens is you just transfer it back. I was thinking 2K myself - takes awhile to get to eTrade for me.
What happened to my twos, I was just getting ready to put 10,000 over into my account, oh well, go baby
Gonna see 52 wk highs here soon
Very interesting - seemed to come out of nowhere. Most slaps in the previous 2 days seemed to come in the morning or up until noon (I think there was one 40 mil plus slap on Friday before the bell). Good to see some afternoon slaps today.
Not today but will put my chips on this week for sure. Simply because we are moving closer to name and symbol change.
Big volume so far 6ss ready to fall
Big buy slap 140m at .0004 and 100m+ on .0005 all buys today.
Wow....suddenly we're over 300 mil in volume? Was there a big 5 slap? I'm seeing 5/6 bid/ask?
Heading to .001+ >>>
Bid size piled back up, lets start moving north!
Agreed - just keep in mind I'm not the one who brought up Rennova Health.
Not sure why your comparing PLPL to Rennova health which is a Multiple Reverse Split offender. Just keeping it real. In fact no one knows enough on this board to talk anything negative on this merger. You would first need to absolutely figure out what is merging in first. In terms of the Share Structure new management owns 80% of the O/S.. Those shares are LOCKED UP.. The Float remains the same. The only thing which changes is old shareholders have a Merger.. And lets hope it is a nice one!
Exactly - I'm not saying we're in a perfect situation here - it's very murky. Still, there's a lot more hope here than there was even a week ago.
I actually have 15 mil shares of Rennova Health, but they have an OS count of 40 billion and the AS hasn't been updated in forever, it could be 250 billion for all we know, and we don't know how many shares are unrestricted, and so on.
I'm there though because I know the rehab facilities have great potential and they may be turning things around over there - nothing wrong with spreading your chips around the board within reason.
I'm glad Tad kept it a secret this time instead of getting everyone's hopes up and letting the (potential) new owner talk about it before the deal was actually done.
Better buying RNVA IMO but you do you.
Hopefully the new guy won't mention share structure if they put out a PR. It may be in Chinese though.
This was short lived. I got burned here the last time they said they were doing a RM. I won't again. GLTA .
I wonder if one reason for the high share count could be future acquisitions? I dunno....I agree with others here that we could use a PR. I'm very happy right now though that this merger appears to have gone through - thought we were dead in the water just a month ago.
I think I might buy 10 million shares at 2, but I suspect those would be extremely hard to come by, even without news. At 2, now you're getting into 10 million buck market cap if the entire AS was incorporated, and we know that nearly 37 billion of the entire 50 billion are restricted. It would be very close to it going back to where it was when there was absolutely no news, and ByoPlanet had already failed. Plus, to get 2s, you'd probably have to have the stock go to 1/2, because at 2/3 I think there would be tons of bids. All that said, this is OTC land. Anything can happen - but I would perceive that as panic selling and likely buy 10 mil.
There is only one reason why I own this stock.
First and foremost, and since I have been trading penny stocks for years is the fact that they raised the A/S to 50B and the O/S to 44B with 80% gave or take is restricted. This is on the surface very unusual, and it can only be that upon the new entity becomes a going concern is the reason and I can only surmise that it may be an awesome outcome.
The company had plenty of shares both in the A/S and O/S. Meaning liquidity. There has to be a valid reason and believe it is a positive.
Have a good day.
varok
With respect to Mr. Wang Wei is always a very difficult to narrow down at this point since the name is common as with most names in China, but the search of Wang is common, but this popped up with another Wang Wei as a poet from the last century. As far as San Gobal Dining moving into under a public company with such a high share structure doesn't add up.
That's why it's an opinion. Until we get the actual at least it's interesting to say. Nevertheless, this is something very unusual to say the least about the sudden huge increase in share structure and I'm sure on why, but not so much on what. But I believe the end result is something that is going to be a huge event.
Have a good day
varok
Get 2's pretty soon without news. At 2, I may buy some more.
I highly doubt the company coming in is what Varok is implying, would be a dream come true if it was.
Until they say something, we'll just have to wait it out
Should be able to get 3's pretty soon if they don't put out news.
As always, I really appreciate your DD Varok - this is very insightful....
Two questions for me - is this the same Wang Wei? Do we know that for sure? Second question...
"SF Express’s U.S. headquarters is located in Los Angeles, California, and maintains branch offices in New York City and Atlanta, Georgia. All shipments from the U.S. go through these three hubs before arriving in China."
San Global Dining is headquartered in One Taipei building in Taiwan. It's not mentioned above - you'd think it might be if it was the same group taking over here wouldn't you? Maybe it's the same Wang Wei, but it's a venture outside of SF Express?
Good morning,
I'm going into an area of pure "My opinion only".
This is an assessment of what I think this merger is all about One reason why I say this, is the culmination of increasing the A/S to 50B and the O/S to 44B with about 80% restricted. I have mentioned in one of my previous posts why they did this, and you can read the post from on the reply.
This is what may happen upon the financialization of the merger and the business model.
Please remember this is only my thought and opinion, but it seems well on what I believe has happened with the share structure as stated above what I think is a very unusual move.
Is this even possible? If this is a possibility this will be huge and why I believe the company put in a share structure to prevent a hostile takeover.
Could this be a move into North America. The company already has connections in North America.
Remember this is pure speculation and assumption.
Have a good day
varok
An article I picked up on the internet about SF Express
SF Express is a very reputable logistics company, having received more than 30 industry awards since 2013 for its customer service and technological advancements. SF, as it’s often abbreviated to, was founded in 1993 as the first express mail company of China SF has experienced rapid growth over the years and has become one of the largest integrated logistics service providers in China. SF offers a wide range of express services, including SF Express Couriers, SF Express Parcels, SF Smart Logistics Network, and SF e-commerce solutions.
They have a fleet of about 11,000 courier vehicles and 30 cargo aircraft transporting 1 million parcels every day to over 40 countries and regions. It is the only Chinese courier that provides international door-to-door shipping service.
SF Express was founded in 1993 by Wang Wei with money he borrowed from friends to start his business, making it one of China’s first delivery companies. In the beginning, they were providing express service using an electric bicycle for local deliveries but later expanded to motorcycles, cars, and trucks.
Who Does SF Express Transfer To In The US?
In 2011 SF Express was granted a license to operate cross-border e-commerce from China into foreign markets, which enabled the United States of America and international expansion. In 2013 they created SF Holding as the parent company for all their subsidiaries. They started acquiring companies outside of China that offered complementary services or had existing business in countries and regions where SF Express wanted to expand.
Sanfeng Express delivers only to the 48 contiguous states of the U.S. The company has no retail operations within the country, and instead works through wholesale partners such as DHL eCommerce and FedEx Corporation.
SF Express’s U.S. headquarters is located in Los Angeles, California, and maintains branch offices in New York City and Atlanta, Georgia. All shipments from the U.S. go through these three hubs before arriving in China.
SF Express USA delivers to all 50 states of the United States. Some areas in New York City require payment for delivery, which is not included with shipping rates. They also have partnered with DHL eCommerce and FedEx Corporation to better serve customers in Hong Kong.
Shipping Rates Of SF Express
SF Express delivers small packages under 50 lbs. to the 48 contiguous states of the U.S at a rate of $36 for the first pound plus $7 per additional pound. Weight does not include packaging.
SF Express offers flat rates to Hawaii and Alaska at $45 for the first pound plus $9 per additional pound. SF Express can ship to APO and FPO addresses in the U.S., using USPS as a logistics provider for overseas shipments.
How Do I Track SF Express In The USA?
SF Express provides online tracking of all domestic shipments, with a 5-7 business day delivery window from the date of processing. They also offer a 100% fulfillment guarantee, as long as a customer has a valid tracking number.
SF Express offers free storage for all domestic shipments for 30 days after the date of shipment and 10 days for international packages.
Domestic parcels may be held without reference to payment or storage charges up to 62 days from the date of shipment. To deliver to remote or inaccessible areas, SF Express uses a local delivery service, which may include bicycle couriers.
The company also provides international services beyond the U.S., including all countries in North America, South America, and Europe. Sanfeng Express is committed to becoming a data-driven company that offers independent third-party logistics solutions by relying on its advanced information technology infrastructure.
How Long Does SF Express Take To Deliver To USA?
SF Express has a US-based service center that delivers small parcels from China to all the 50 states in the United States within 3~7 business days. SF Express is well known for its reliability and customer service, with a 99.9% on-time delivery rate.
The logistics services are available in most countries, with more than 100 outlets throughout SF Express’s global network. Every day, SF Express processes thousands of parcels around the world through its transportation, warehousing, customs clearance, and other services.
The United States Postal Service (USPS) works with SF Express for deliveries from China into America. It provides the most efficient way to move small parcels from China quickly and safely all over the United States.
As an international express carrier, SF Express provides door-to-door delivery service to more than 200 countries and regions, which is the largest network among all international express carriers.
Does USPS Deliver SF Express?
Shipping with USPS is complicated. If you’re looking to save money on shipping, then a hybrid solution could be the way forward for your company! SF Express will first use their network of delivery trucks before sending them onto an overseas carrier who delivers packages right into people’s hands around the Asia Pacific rim – all thanks to one simple contract between us and our wonderful freight forwarding partner at Global Relay Services LLC.
USPS Hybrid Solutions uses just enough carriers in order from front-end loaders (first mile) up until the last few miles where international air freight companies come on board as “last Mile”
Does SF Express Deliver On Saturday?
Pickup and delivery services are available from Monday to Friday, but not on Saturday or Sunday. These days of the week cannot be chosen for pick up because they’re often reserved by businesses who need their shipments delivered fast to maintain efficiency with production deadlines
Pickups can only happen during business hours – that means you’ll have a lot less wait time when ordering something if your preferred pickup date isn’t too far away! LCL’s offers same-day shipping upon request at an extra charge so there will always still be options even if it’s close to.
Does SF Express deliver on Saturday?
SF Express is a company that mainly deals with international e-commerce orders from China to other countries. They do offer domestic parcel delivery services and more specialized ones as well though, which means they have different types of vehicles for delivering your item(s) at any location worldwide you want them delivered!
The majority, or around 80%, are domestically focused with overseas operations making up just under 20%. This means they have an extensive network throughout both rural areas and major cities so no matter how big your order might be-they’ll get it done!
SF Express has its headquarters based out of China and operates most of its fleet within the country itself meaning it’s heavily involved when transporting anything between countries like Japan or South Korea.
Conclusion
SF started delivering parcels domestically in 2009 after gaining the necessary licenses required to do so. Since then SF has expanded its reach by partnering with SF companies that operate all over China. SF Express was SF’s first SF Express Couriers began in 1993 SF delivers more than 750,000 parcels daily SF has 7,300 SF depots SF has over 90,000 members of staff SF offers 30 SF shipping routes SF Express is the fourth largest express enterprise worldwide.
SF Express is one of the largest integrated logistics service providers in China, the fourth largest express enterprise worldwide in terms of market capitalization, and is committed to becoming a data and technology-driven company providing independent third-party solutions. They are regarded as the second largest logistics industry in China after Alibaba and became one of the six major members (Logistics Management Corporation).
What are you guys PT predictions for EOY after merger and everything settles? Any guesses?
Who cares? I have started loading shares cheap since the Pureblood deal, why on earth would I care about the Bid or offer of any given minute? PLPL will take time. Nothing happens over night, and nor should it. Patience pays! It will get its run and people will take there money, and move on. Rinse, Wash, and Repeat..
I'll never really understand it either, other than it's partially explained in a post from this morning. I've sold at a loss, erased the stock from my watchlist and never looked back in the past. I think that's the healthiest way to go. Otherwise you're just wishing ill on other people for the sake of just being right, and that's not really very healthy.
Yep 1 share in an odd lot trade
Well .0004 just printed and mysteriously 20 million more shares just got added on the ask. SMH.
These posts don't affect anything. I read the board, though, and I can't wrap my mind around people who stick with a stock they are so pessimistic on and need to share. Normally, at that point, they have made up their mind and left. Most that stay are optimistic. Thus, the oddity here.
NO DEBT HERE.. and these crook posters know it. No DILUTION HERE, and these crook posters know it.. ROFL.. New management owns 80% of the O/S and they know it!
That's your problem. You think it's posts here that affect the outcome.
Again, if the have preferreds then owning the majority of common shares is irrelevant. As they can sell off common shares and still have control.
Those are flippers and potentially the last of the debt thar was clearly labeled in the financials of $55k. You think the new company wants that debt before announcing anything?
But why do you care? If you consider PLPL a dumpster fire, then move onto something else. I've never understood negative nancies. Just because something has been unlucky, doesn't mean it will continue. Either you are here for the potential or you aren't. If I sold out of this, I would stop posting here. No point to watching something that is a let down.
If they sell off the commons, which apparently some big sells went off yesterday, what's left? They have preferred do they not?
You need to let go of the past on PLPL. We have a new Merger and Transfer of Control Name and Ticker change already being worked on by FINRA, as per filings. So if people want to bark about Tad, then go picket Infront of the dudes new house. Cause he has NOTHING to do w PLPL anymore. HE IS NO LONGER the CEO..
For the record..
PURE BLOOD
EV HOTEL
BYO PLANET
None of them had transfer of Control. None of them had Officer Changes.. This new Merger is complete, and new management has 80% control of the commons. As in the PERSONALLY OWN the COMMONS.. So a RS talk is moot, unless they want to RS themselves..
That's a great article, thank you! Sadly it is 1,000% accurate in describing OTCs, the way R/S's work, and how our emotions get the best of us on these plays.
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