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The 8k that just dropped +$$$
Where you see a name change?
Thanks in advance
Maybe one of these days.... Maybe one of these ole days...
More information on blockchain and India. http://money.cnn.com/2018/02/21/technology/canada-india-blockchain-partnership-bri-nasscom/index.html
$HNET + Primechain technology + India + blockchain = More to come I guess.
Check out my updates to the cover page and let me know if there is anything I am missing. Thanks. I feel this one will come alive when more news hits.
HNET More to come.
Sent an email out to Primechain Technologies to see if they can shed some light on the situation. I will post a response if I receive it.
HNET More to Come!
Pune, India, March 01,2018/Free-Press-Release.com/ -- Primechain Technologies - India based institutional payment and settlement infrastructure provider that uses blockchain technology is said to be in negotiation to reverse merge with Highlight Networks, Inc. (OTC Pink Sheets: HNET).
The merger would be the first Primechain investments to become a public company. "The decision to go public was to provide global exposure to a successful Indian Fintech company as well as to get an access to capital markets as we move further innovating blockchain technology solutions," Rohas Nagpal, Primechain’s CEO, said in a statement.
About Highlight Networks
Highlight Networks, Inc. was formed on June 21, 2007 as a Nevada corporation. The Company has reverted to shell company status on June 18, 2015, as disclosed on Form 8-K filed on January 27, 2017. The Company has no current operations or revenue nor any assets. For the period from June 18, 2015 to the date of this filing, company had no operating activities and is quoted on OTC Pink Sheets throughout fiscal year 2017.
About Primechain Technologies
Primechain Technologies is key in developing blockchain-based solutions for the banking system of India and abroad. As part of BankChain, a collaboration of 27 banks from India and the Middle East, Primechain is developing a blockchain powered technology platform for authentication, verification and storage of electronic records.
Primechain maintains the Blockchain Security Controls, the open source YobiChain project and Primechain-CONTRACT a private blockchain based solution for document storage, authentication, and verification. Primechain is also developing the world's first multi-node, pre-configured blockchain appliance. Primechain solutions are relevant for various sectors including Banking & Financial Services, Government, Healthcare & Pharmaceuticals, Insurance,Manufacturing,Aviation,Shipping&Logistics,Telecommunications, Defense & Military.
This will be a good block chain company
When people realize what's going on this thing this thing will be dollars
I agree with you there. This will move with demand. I also agree about crypto, has to be a reason for this article http://www.free-press-release.com/news-highlight-networks-eyes-fintech-sector-through-reverse-merger-1519857905.html
And the transfer of ownership from a travel agency to a technology company.
More to come!
The best part here is the float is only a little over 800,000 shares anything could happen here I think this is going to be a crypto deal
Remind me again:
How much did Longhai Yougoubao Network Technology Co. Ltd. pay Jose R. Mayorquin for total control and ownership of this blank shell that just by chance became current?
Thanks in advance.
Looks like you got it right!!!
Excepted that's debt no good it's a shell. Imo
Can someone update the main board with the following:
"We currently are a shell company with no operations. Upon execution of the SPA, the Company experienced a change of control in June 2015, when our operating asset, EZ Recycling, Inc. was removed and as a result we reverted to shell company status.
On January 29, 2018, pursuant to a stock purchase agreement (the “Agreement”), the Company majority shareholder, Jose R. Mayorquin sold 57,000,000 shares of common stock of the Company to Xiamen Lutong International Travel Agency Co., Ltd. (“Xiamen Lutong”). Xiamen Lutong subsequently transferred the 98% ownership to Longhai Yougoubao Network Technology Co. Ltd. (“Longhai”). Xiamen and Longhai are companies commonly controlled by the Company’s new director, Qiyi Zheng. After the transaction, Longhai holds 98% of the voting securities of the Company, based on 58,167,600 shares outstanding as of the date hereof. The transaction has resulted in a change in control of the Company and Longhai became a majority shareholder and related party of the Company (2018 Change of Control”). In connection with the 2018 Change of Control, Allied, the company controlled by Jose R. Mayorquin, assigned its promissory note with the principal amount of $256,132.39 issued by the Company to Longhai."
Let's get all upward pressure already
Found the Article in my search history from yesterday.
Lets see what happens: http://www.free-press-release.com/news-highlight-networks-eyes-fintech-sector-through-reverse-merger-1519857905.html
BWAHAHAHA LET SATAN CARRY US TO ETERNAL RICHES!! +$$$ $HNET
The 8k was the firing of JM, the old owner. It was the signal: "out with the old, in with the new.".
So we wait for the official word I guess.
More to come here. Looking forward to it.
I saw that post yesterday as well. Any reason why that article was so different from the 8k that was filed?
Hilarious. I saw the same thing posted here today with a link saying the same thing.
Mysteriously, that post is gone. And what makes this even more crazy, I can't find the article online now.
It was dated 03/01/18, posted on some sort of "free press" website.
"Primechain Technologies, http://www.primechaintech.com , will reverse merge with Highlight Networks, Inc. HNET"
No pump here just telling you what I saw with my own eyes and you confirmed it.
My guess, someone didn't want people finding out about that just yet. Who knows, but if you find it post it again.
This is a big deal, pure speculation until HNET confirms or denies.
In my opinion, it's just a matter of time for this one and since the float of this ticker is....well let's say....800K plus or minus a few, it's got all the makings for.....
Good Luck
Merger News!!!!!!!!!!!!
$HNET reverse merge with Primechain technologies.
Medicine and electronics. Hmmmm. Hope this is Crypto. China loaded on BTC for years.
Zhenhui Huang was appointed as the President, Chief Executive Officer, Chief Financial Officer, Treasurer and Secretary of the Company, effective immediately upon the consummation of the Transaction. Mr. Huang, 39, has been serving as a director of Xiamen Lutong International Travel Agency Co., Ltd. since January 2014. From January 2009 to January 2014, he was the general manager of Zhangzhou Baihui Business Service Co., Ltd., an online e-commerce company. Mr. Huang obtained his junior college diploma in medicine from Chinese People's Liberation Army Fuzhou Medical College. Mr. Huang will serve as the Company’s officer for a term of three years.
In addition, Qiyi Zheng was appointed as a director and Chairman of the Board of the Company, effective upon consummation of the Transaction and until the next annual meeting of shareholders of the Company or until his resignation or sooner removal and otherwise until his successor is elected and qualified. Mr. Zheng, 36, has been serving as Chairman of Xiamen Lutong International Travel Agency Co., Ltd. since January 2014. Prior to that, he was the Chairman of Shenzhen Junfu Travel Agency Co., Ltd. from January 2010 to January 2014. Mr. Zheng obtained his junior college diploma in electronics from Fujian Nan’an Practical Art Secondary Vocational School.
That would be kind of difficult because the company is not DTC eligible
My broker won't let place a buy order at present. Hopefully that changes soon. I am going to call them tomorrow to ask why the restriction.
Been watching this for years. Great to see some action.
Hi, did the sign just change from current to yield? Bought in today but not sure anymore
On January 29, 2018, pursuant to a stock purchase agreement (the “Agreement”), the Company majority shareholder, Jose R. Mayorquin sold 57,000,000 shares of common stock of the Company to Xiamen Lutong International Travel Agency Co., Ltd. (“Xiamen Lutong”). Xiamen Lutong subsequently transferred the 98% ownership to Longhai Yougoubao Network Technology Co. Ltd. (“Longhai”). Xiamen and Longhai are companies commonly controlled by the Company’s new director, Qiyi Zheng. After the transaction, Longhai holds 98% of the voting securities of the Company, based on 58,167,600 shares outstanding as of the date hereof. The transaction has resulted in a change in control of the Company and Longhai became a majority shareholder and related party of the Company (2018 Change of Control”). In connection with the 2018 Change of Control, Allied, the company controlled by Jose R. Mayorquin, assigned its promissory note with the principal amount of $256,132.39 issued by the Company to Longhai.
And we're off to the races.
Better say a prayer the guy wrote on this company is an idiot
Got a different auditor so maybe something will happen.
Ha, yeah tell the flock to each buy 5k on the ask. then would be at 1.00.lol
well one of those churches I believe was a few mil bucks with property and building value
We need to go to church and say a prayer for this company the new CEO is a preacher
I dont know whats taking them. Some mergers kick off in days. some weeks but some crappy ones take a whole damn year. sucks so bad....
Management here sucks
You got it SEC current guys, Time to release the hounds of the RM game. Get this puppy back to .50s+++!!!
They should put in parenthesis on the email addys on these tickers "do not expect a email response from management" "The email address highlightni@gmail is just for show" "thank you for your cooperation"
Looks like L2 is what it is. .031x.09. Nothing in between so far i see. did some test buys. RM hits should go well over .10 i would think. maybe .20s quickly.imo but always worth sitting bid bc shares seem to drop every few weeks
Going SEC current now baby! now they can release some PRs.imo the good cos wait to be current first before releasing anything.
And there she blows 10-Q Mar 17, 2017 Dec 31, 2016 776.2 KB [PDF] PDF [RTF] RTF [HTML] HTML [Excel] XLS
10-Q Mar 17, 2017 Sept 30, 2016 679.6 KB [PDF] PDF [RTF] RTF [HTML] HTML [Excel] XLS
VNDM you suck. How many shares do you have? Just going to hide the amount with 10k showing? Run out already.... Prob old management selling out their whole lot right?
I dont like the activity of VNDM. Usually on a RM with 98% held you dont see them giving shares away that cheap. Normally this would be .10 .15 .20 already. But nope the never ending story of VNDM on ask.....
Nices buys. Locking up float at .05 everyone is. Shouldnt be too long before we hear something. This did some crazy priced offerings and traded much higher early on so could make a move back to those levels. was pushed down on lower vol side. Now shares given away at .05 with 800k float and rest OS restricted. If some great RM happens wont be many shares for people to fight for which in turns makes pps go higher quicker...
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Change in Ownership Directly from the 10-Q posted 02/21/2018 - "We currently are a shell company with no operations. Upon execution of the SPA, the Company experienced a change of control in June 2015, when our operating asset, EZ Recycling, Inc. was removed and as a result we reverted to shell company status.
On January 29, 2018, pursuant to a stock purchase agreement (the “Agreement”), the Company majority shareholder, Jose R. Mayorquin sold 57,000,000 shares of common stock of the Company to Xiamen Lutong International Travel Agency Co., Ltd. (“Xiamen Lutong”). Xiamen Lutong subsequently transferred the 98% ownership to Longhai Yougoubao Network Technology Co. Ltd. (“Longhai”). Xiamen and Longhai are companies commonly controlled by the Company’s new director, Qiyi Zheng. After the transaction, Longhai holds 98% of the voting securities of the Company, based on 58,167,600 shares outstanding as of the date hereof. The transaction has resulted in a change in control of the Company and Longhai became a majority shareholder and related party of the Company (2018 Change of Control”). In connection with the 2018 Change of Control, Allied, the company controlled by Jose R. Mayorquin, assigned its promissory note with the principal amount of $256,132.39 issued by the Company to Longhai."
LTGJ SEC Disclosures
https://www.otcmarkets.com/stock/LTGJ/disclosure
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