Wetouch Technology Inc (WETH)

[molee]

A N O T H E R ... S-1A has been posted ... ARHHHHHH ! ! ! ... WTF ...

https://www.otcmarkets.com/stock/WETH/disclosure

Stay safe >> M

[Prinz18]

"As of September 30, 2021, our cash and cash equivalents were $54.1 million, as compared to $24.0 million at December 31, 2020."

Outstanding Shares
31,811,523
02/04/2022

[abrooklyn]

Confusing, for sure…..

[molee]

Didn't seem like a problem when the stock was trading at $4.00 ...

My guess is that the "thieves" the company lined up to provide funding have been "shorting against the box" all this time
driving the price down so they will be issued more shares for their funding .

What do they need this funding for with all the supposed cash they report in their filings ???

Smells to me like poop .

Stay safe >> M

[abrooklyn]

SEC Filing Obligations

We became subject to the filing requirements of the Securities Exchange Act of 1934, as amended, as a result of our Form 10 being declared effective by the Securities and Exchange Commission (the “Commission”) on December 11, 2020.

We filed a Form S-1 registration statement with respect to the resale by 44 selling stockholders identified in the prospectus for an aggregate of 15,889,371 shares of common stock of the Company. The registration statement was declared effective by the Commission on January 7, 2021 (Registration No. 333-251845).

Listing on OTCQB Market

On February 15, 2021, we applied to the OTC Markets to have our shares quoted on the OTCQB, which was approved on March 26, 2021. Effective March 29, 2021, our shares started trading on OTCQB under the symbol “WETH.”

Listing on the Nasdaq Capital Market

Our common stock is currently quoted on the OTCQB under the symbol “WETH.” In connection with this Underwritten Offering, we applied to list our common stock on the Nasdaq Capital Market (“Nasdaq”) under the symbol “WETH.” If our listing application is approved, we expect to list our common stock on Nasdaq upon consummation of the Underwritten Offering, at which point our common stock will cease to be traded on the OTCQB. No assurance can be given that our listing application will be approved. Nasdaq listing requirements include, among other things, a stock price threshold. As a result, prior to effectiveness, we will need to take the necessary steps to meet Nasdaq listing requirements, which may include, but not limited to, effectuating a reverse split of our common stock at a ratio between 1-for-2 and 1-for-10 (estimated based on the current market price of our common stock). There can be no assurance that our common stock will be listed on the Nasdaq.

[molee]

Fresh S-1A has been posted : https://www.otcmarkets.com/stock/WETH/disclosure

Promissory notes now included : https://www.otcmarkets.com/filing/html?id=15512074&guid=AQCwkFzAdOaFJth

GO TEAM ...

[molee]

New Year same $WETH .. When will she recover ???

Stay safe >> M

[Prinz18]

$ 54m cash per 09/30 and they sell notes over and over?

Smells fishy!!!!

[molee]

Oh great , another S-1/A ... We're going to the Nasdaq .. Yippie ! ! !

https://www.otcmarkets.com/filing/html?id=15441243&guid=6xfwkpJOCvMzUih

You figure out what it says .. LOL

Stay safe and happy holidays ... >> M

[molee]

More docs out : https://www.otcmarkets.com/stock/WETH/disclosure

https://www.otcmarkets.com/filing/html?id=15422762&guid=bYfwkKix0l8GOth

https://www.otcmarkets.com/filing/html?id=15409474&guid=bYfwkKix0l8GOth

[Welcome2Pinkyland]

Opportunity knocks. As seen on tv - hover touch- can now be yours for the discounted price of only .95 per share. $WETH $$

[molee]

Somebody puts up some nice bid support and then BAM , SMACK < SMACK like wack-a-mole ..

SAD , sad , sad ...

Stay safe >> M

[IPO$]

Ok. I’ll look. Great news.

[rcaselli]

It’s buried in the filings and
mentioned in the S-1.

Tick. Tick. Tick. Boom.

WETH

[IPO$]

What month did they announce nasdaq? I’ll look.

[rcaselli]

Guess you don’t read the filings?

[IPO$]

True but I hope they apply for it.

[rcaselli]

NASDAQ will be their microphone.
Stay tuned.
HoverTouch for the Win!

WETH

[IPO$]

Market cap is cheap

[IPO$]

Chinese based in Sichuan. Poor communication.

[rcaselli]

Keyword: Yet.

There has been zero communication.
I can read tho.
And so can you.
We’re just early.


WETH

[IPO$]

Strong fundamentals but no liquidity in the shares.

[molee]

Another promissory note : https://www.otcmarkets.com/filing/html?id=15357018&guid=FE3wkpytg4wfJth

Stay safe >> M

[rcaselli]

Read the latest filing. Application is in. Kickers based on approval date.

[IPO$]

Everybody says they will be trading on NASDAQ

[rcaselli]

I’m here for when the appointment with NASDAQ concludes.

[IPO$]

Stock trades by appointment only.

[molee]

At a buck thirteen ? What good would that do ?

I have lost faith in this stock so , I will take a break .

Stay safe >> M

[rcaselli]

On September 13, 2021, the Company filed a registration statement (No. 333-259499) with the SEC to offer and sell shares of common stock in an underwritten offering through Craft Capital Management LLC and R.F. Lafferty & Co., Inc.

The Company also filed an application to have its shares of common stock listed on the Nasdaq Capital Market.

WETH

[molee]

$WETH 10Q is out :

https://www.otcmarkets.com/filing/html?id=15342004&guid=iQtwkno1-lwfJth

https://www.otcmarkets.com/stock/WETH/disclosure

Stay safe >> M

[abrooklyn]

Cash on hand As of June 30, 2021 $ 52,594,357

https://www.otcmarkets.com/filing/conv_pdf?id=15149095&guid=eRtwknSGDNG9dth

Not sure why they needed the spare change?

https://www.otcmarkets.com/filing/html?id=15333612&guid=ut8wkKyjFyTWdth

Item 1.01 Entry into a Material Definitive Agreement. Convertible Note

On November 3, 2021, Wetouch Technology Inc., a Nevada corporation (the “Company”), entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Talos Victory Fund, LLC, a Delaware limited liability company (the “Lender”), dated as of October 27, 2021, pursuant to which the Company issued the Lender a convertible promissory note in the principal amount of $250,000 (the “Note”) and a three-year warrant (the “Warrant”) to purchase an aggregate of 200,000 shares of the Company’s common stock (the “Warrant Shares”). The Company received $225,000 gross proceeds from the issuance of the Note as a result of the original discount rate on the note.

[Welcome2Pinkyland]

Links not opening for me

[molee]

Ah Ha ! Now , an explanation for the current share price ...

Maybe it was overpriced all along . Thanks Zongyi Lian , for throwing us under the bus .

https://www.otcmarkets.com/filing/html?id=15333612&guid=ut8wkKyjFyTWdth

Stay safe >> M

[rcaselli]

Yeah and at $1.13 it’s delicious.

I’ll ride this slow & quiet train while they secretly build another factory to produce their Hover Touch technology.

And once the S-1 is effective, I’m expecting that they uplist to Nasdaq and pull back the veil. See you then.


WETH

[molee]

Remember this post ? Ah , the good old days ...

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160738343

Stay safe >> M

[Welcome2Pinkyland]

$WETH hover touch. Going for a dollar.

[molee]

Nasdaq bound >> Thanks for the cheapies ... LOL

I know , I know ... patience is the key ....

Stay safe >> M

[molee]

S-1/A filing out : https://www.otcmarkets.com/filing/html?id=15277834&guid=wsowkqgnYFgSs3h .

[molee]

Date/Time Price Shares Exch/Mkt
10/14/2021 12:04:19 EDT 1.20 400 OTCBB
10/14/2021 12:04:18 EDT 1.2099 100 OTCBB
10/14/2021 12:03:55 EDT 1.21 500 OTCBB
10/14/2021 11:44:06 EDT 1.18 3000 OTCBB
10/14/2021 11:35:39 EDT 1.18 2700 OTCBB
10/14/2021 11:35:34 EDT 1.19 200 OTCBB
10/14/2021 11:35:34 EDT 1.19 100 OTCBB
10/14/2021 11:34:45 EDT 1.1901 2300 OTCBB
10/14/2021 11:34:43 EDT 1.19 100 OTCBB
10/14/2021 11:34:43 EDT 1.19 100 OTCBB
10/14/2021 11:25:15 EDT 1.18 400 OTCBB
10/14/2021 11:25:10 EDT 1.19 400 OTCBB
10/14/2021 11:25:10 EDT 1.19 100 OTCBB
10/14/2021 11:25:10 EDT 1.1999 100 OTCBB
10/14/2021 11:21:55 EDT 1.19 2650 OTCBB
10/14/2021 11:21:30 EDT 1.19 350 OTCBB
10/14/2021 11:08:54 EDT 1.1701 2500 OTCBB
10/14/2021 11:08:13 EDT 1.17 100 OTCBB
10/14/2021 11:08:07 EDT 1.17 100 OTCBB
10/14/2021 11:08:07 EDT 1.17 100 OTCBB
10/14/2021 11:08:01 EDT 1.17 100 OTCBB
10/14/2021 11:08:01 EDT 1.17 100 OTCBB
10/14/2021 11:02:31 EDT 1.2201 2350 OTCBB
10/14/2021 11:02:27 EDT 1.22 1000 OTCBB
10/14/2021 10:57:55 EDT 1.12 100 OTCBB
10/14/2021 10:57:49 EDT 1.12 400 OTCBB
10/14/2021 10:57:49 EDT 1.12 100 OTCBB
10/14/2021 10:57:49 EDT 1.39 400 OTCBB
10/14/2021 10:57:41 EDT 1.12 100 OTCBB
10/14/2021 10:57:35 EDT 1.12 100 OTCBB

[Welcome2Pinkyland]

Got some $WETH @ $1.20 - What the hey it’s only money $$

[molee]

Shenanigans' going on with this recent trading pattern .

Short sellin' ? I dunno ...

Stay safe >> M

[rcaselli]

Added WETH cheapies today while the lights are out. Impatience will cost ya.
This. Too. Shall. Pass.

#NASDAQ
#Hovertouch


WETH

[Welcome2Pinkyland]

[rcaselli]

yeah buddy.
it's a ghost town, until it isn't.

back to hovering.


WETH

[Welcome2Pinkyland]

Hover touch for the win $$ $WETH $$

[rcaselli]

Don’t disagree with you there. But one day can also solve all of that. Sent scathing email to company asking what’s their true intentions with a US listing. Will post reply if I get one.

Bargain shopping today from Chicken Little. Got to add cheese today to my burger. LMAO.

This too shall pass.


WETH

[molee]

Not soon enough to keep us over 2 bucks ....

Nasdaq bound huh ? Not without some effort on the company's part .

Stay safe

[molee]

Not soon enough to keep us over 2 bucks ....

Nasdaq bound huh ? Not without some effort on the company's part .

Stay safe

[rcaselli]

Little birdy told me good news soon.


WETH

[molee]

Guess I shoulda waited a little longer , or "they" read this board ... LOL ...