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Vitalibis Inc. (VCBD)

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Last Post: 9/20/2018 11:26:23 AM - Followers: 6 - Board type: Free - Posts Today: 0

Sheng Ying Entertainment Corp

Business Model

On December 30, 2016, new management took over the Company majority shares and plans to operate the Company under the new name of "Sheng Ying Entertainment Corp.". The Company’s new business plan is to engage in the service of sub-junkets for a junket in Cambodia. For sub-junkets introduction service performed, we will charge 0.05% of total bets played by players introduced by us to a junket in casino located in Cambodia.

On January 9, 2017, the Company filed a certificate of amendment (the "Amendment") to its Certificate of Incorporation with the Secretary of State of the State of Nevada in order to change its name to "Sheng Ying Entertainment Corp." in order to better reflect the direction and business of the Company. As of the filing date, the name change is still subject to the approval of Financial Industry Regulatory Authority. The Company has adopted a fiscal year end of December 31.

We have plans to establish a website which set forth general information for junket business of the Company in future.

Based on our current operating plan, we expect that we will be able to generate revenue that is sufficient to cover our expenses for the next twelve months. Our ability to maintain sufficient liquidity is dependent on our ability to raise additional capital.


Marketing & Growth Strategy

We have hire a Chief Operation Officer who has over 10 years of junket business in Phnom Penh, Cambodia. We believe with her experience in this area will direct the company to acquire a lot of VIP players to achieve company’s financial prospects in this burgeoning niche. With the existence of our Chief Operation Officer based in Cambodia, she is able to provide all kinds of support and services immediately in the casino where our VIP players play.

Player retention is one of the strategies to grow our future sub-junket business. The key elements of player retention are the creation of exciting opportunities to maintain player interest and increase play frequency. Similar to land-based casino's compensation programs, the tools used for this purpose include prizes, "free money," opportunities to play against famous (or infamous) players, and tournament qualifications.


Authorized Shares 45,000,000 a/o Mar 30, 2017
Outstanding Shares 9,054,000 a/o Mar 30, 2017
Float 1,804,000 a/o Sep 15, 2016

Dec 30th, 2016 - Change of leadership
Apr 24th, 2017 - Change symbol to SALL

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VCBD News: Amended Small Company Offering and Sale of Securities Without Registration (d/a) 09/07/2018 05:34:48 PM
VCBD News: Quarterly Report (10-q) 08/02/2018 05:31:18 PM
VCBD News: Quarterly Report (10-q) 05/11/2018 06:13:05 AM
VCBD News: Annual Report (10-k) 04/10/2018 08:27:55 AM
VCBD News: Notification That Annual Report Will Be Submitted Late (nt 10-k) 04/02/2018 03:13:47 PM
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#23   Yea I ended up waiting also maybe FastBuxJones 09/20/18 11:26:23 AM
#22   still waiting on another big dip saj 09/20/18 10:32:31 AM
#21   We snoozed buddy FastBuxJones 09/19/18 10:26:07 AM
#20   $3.26 is a sturdy floor FastBuxJones 09/12/18 01:25:22 PM
#19   was away for a few days back to saj 09/11/18 03:31:13 PM
#18   My alerts are set I'm waiting and watching FastBuxJones 09/11/18 03:22:58 PM
#17   if 3.26 falls may have a nice dip saj 09/11/18 03:17:59 PM
#16   It didnt happen for us. .Stong mover though FastBuxJones 09/07/18 12:28:58 PM
#15   TenKay, why the big selloff the padt few AlphaDog1 09/01/18 12:19:38 PM
#14   no do you have a link? saj 08/31/18 11:44:22 AM
#13   I'm sure it will happen for us. .You FastBuxJones 08/31/18 11:14:08 AM
#12   waiting on the same under 2.00 saj 08/31/18 10:19:26 AM
#11   Under $2 today ?? I hope so FastBuxJones 08/31/18 09:50:38 AM
#10   Cashing out and waiting on re-entry smiling ear FastBuxJones 08/23/18 09:56:46 AM
#9   Pretty quiet for the amount of price movement FastBuxJones 08/22/18 01:02:38 PM
#8   I love what I'm seeing today. .Now put FastBuxJones 07/25/18 12:31:36 PM
#7   Like what I'm seeing took a while but FastBuxJones 06/11/18 12:30:39 PM
#6   Watching this one closely. StealthTrader007 04/04/18 10:04:11 AM
#5   SALLD changed to VCBD TenKay 03/06/18 04:38:35 PM
#4   Forward split to gain liquidity, that's a good roger wilco 02/27/18 02:04:21 PM
#3   VITALIBIS, Inc. Highlights Mission To Build Iconic Lifestyle adijas 02/27/18 01:20:41 PM
#2   On stock watch roger wilco 02/08/18 04:07:32 PM
#1   SALL: Effective Feb. 7, 2018 Sheng Ying Entertainment TenKay 02/07/18 11:13:30 AM