Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
So what… was it a fake merger after all? Aren’t we still some kind of Chinese textile/furnishings company with 20 mil of revenue on average?
What are we at now, a 6 year low?
wE mUsT bE In tHe qUiEt PeRiOd!!!
Wait wait wait though. There was that part about “CIWM does not have any ongoing business operations” in a statement on their financials about 9 months after the fake ass pitch deck Chinese website came out. This is a scam and it always has been.
So is there still nothing going on here? Waiting on funding for what exactly? Was there a plan to get funding or are they waiting for someone to volunteer some money for one of the random pitch deck ideas? How is the textile/furniture business doing?
Wow. Huge volume coming in….
A response on X is not proof or explanation of what part we are waiting on or what is coming “soon”.
…. Is there any proof that it’s in ANYONES hands? How do you even know what we are waiting for? Which part of the process? I’d say it’s possible his version of soon includes still waiting to figure out how to fund anything at all or even find a vehicle for it
Hell yeah brother
No no… it’s easy. You just issue preferred shares and pretend they’re worth $100mil and then boom, you got yourself an additional business that doesn’t exist
So what happened to gold mining and lithium tailings?
Oh I’m sorry? Speaking reality here though.
Right. Still a turd though. He did not raise a single dime. Those are lies. They created $60mil worth of preferred shares that they arbitrarily valued at $60mil. So they could purchase a non existent business.
It’s time for him to go to jail
Oh right on. Damn I would’ve believed it too. I remember there was an image posted to their website of the “deal signing” with 12 people standing at individual podiums and what not. I think I got shit on pretty bad for casting doubt that it was real. Like anything else posted on that ciwm website
Is this the image he posted?
Lmao at this rate, probably the majestic 3 option first
Ask side under .02…. Not looking good
Was that a trade??
Agree w/ statement
Maybe it’s 6pack. Maybe it’s maybelline.
We’ve only waited 7 years, what’s a few more decades
CIWM doesn’t have business per their last report anyways. So I guess that’s not a lie
Love how this is bleeding into nothing because of 6k share days
Agree. Said on Stocktwits it looks like one of the North Korea propaganda videos where they show off their computer labs and no one is actually doing anything
Yeah. Imagine that… more than a 100% gain to get back to just that.
Unfortunately they were working on the complicated audit almost 6 months ago. It must be complicated doing an audit on a company with financial statements that say they do not have any operations
.0225 ask. Lmao
What a turd we got here
Probably not enough bid to support even that
You need help? I’m on my way
Must be a lot of auditing. Like Rocco pointed out, they’re actually profitable according to the fins.. although worded strangely as “net loss” but the math checks to profit. I guess if you don’t put net loss in parentheses it’s considered net income eh?
Right. I’m not sure what problems there are to deal with in regard to ASKH from someone new coming in taking over what we thought was a clean shell. Are the problems called Mark Richard’s? It’s not like we had a massive float and conversion to deal with?
I mean we were told we were merging with a company that has industrial patents for an area that should be lucrative. But now it appears they don’t have funding to do anything and those with the money walked away from this. If we get news and go to a dime, it’s rinse and repeat on this
Did we not already do that more than once?
Which is why this will never leave the teens.
Does the company we merged with not have any assets?
I think the core pieces of business fell through but we weren’t told. All we have is some preferred shares were issued and we have acquired a business with no operations
Apparently you can trade the entire float to get it to teens but reset the price with 300k shares lol
They release the same bogus unaudited financials. State CIWM “has no operations”. Well why did ASKH acquire them then? I guess we really didn’t. We gave them fake preferred shares we valued ourselves at $60 mil and got nothing in return according to the balance sheet