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After perusing for more DD, Thank you for the detailed breakdown in this earlier posting
I'll buy this POS under 0.0075 to make profits over 0.01 anytime.
Wuhan Fenghuanggou Technology Co., Ltd. and Jun Fenghuang signed a strategic cooperation on industrial digitalizations
2024-04-30 10:01:00 Source: Beijing report
On April 26, 2024, the Ministry of Commerce of the People's Republic of China formulated the Three-Year Action Plan for Digital Commerce (2024-2026), which will better promote the digital transformation of all areas of commerce, empower economic and social development, and serve the construction of a new development pattern.
GetSeriousOK...OTC Pink Limited.. I agree on the amended attorney letter as well. I think the sequence
of filings were not in the order as required not data revenue error.
The results on the 1st qtr ( whether they are accurate or not) would not precipitate the OTC designation back to Limited.
OTC Markets Group Offers New Guidance for Submitting Attorney Letters
Review all your client’s disclosure documents and work with them to make needed corrections before the documents are uploaded to OTCIQ.com. It is the responsibility of the company and their attorney to review all disclosure for accuracy and completeness before making it publicly available to investors and OTC Markets Group.
Financial Statements – Ensure that the financial statements are complete, correctly dated, and prepared in accordance with U.S. GAAP · Beneficial Owner Identification – Ensure that corporate entities on any disclosure are accompanied by the name of the control person(s) for those entities.
Accurately list which Report(s) are covered in the Attorney Letter and on which dates those Report(s) were published to otcmarkets.com by the company.
Consistent disclosure of shell status under the SEC definition.
Anyone else have suggestions, please reply.. Thanks in advance.
LongBullyStick >With all due respect, I think the CEO's name is Wang Dejun.
Would it not be out of the question to just ask what his credentials are from his
education standpoint or previous positions, ( i.e. similiar to Linkedin background resume).
Thanks in advance.
Spell check for all attorneys, CFO's, CEO's and their secretaries when filing reports:
5-12 annual >did not notice
5-13 annual amended > did not notice
5-20 annual amended report> to change to the most profound 'verb' in all the filings at the end of the report.
You can use" will" or "will not" but instead they use= "weill"
Beginning with the first quarter of 2024, the financial statements of the Company’s financial condition and operating results weill include
those of Dongguan.
* * End of Report *
That was the 2nd of only 2 changes made on the 5-20 amended annual report.
Wang Dejun. CEO, Rule out the criminal 1st...
No information in 5 Chinese search engines on a
Wang Dejun and affiliate companies with IGPK.
5 years in prison starting 2005 then disappears.
Born March 19, 1966 with studying EMBA at the School of Economics and Management of Tsinghua University.
Even a photo opt of his arrest...
I'd like to see Wang Dejun credentialling from IGPK as a comparison.
China's big case documentary-Forbes
Beginning with the first quarter of 2024, the financial statements of the Company’s financial condition and operating results will include
those of Dongguan.
Beginning with the first quarter of 2024, the financial statements of the Company’s financial condition and operating results weill include
those of Dongguan.
* * End of Report *
Amended #'s today
The number of shares outstanding of our Common Stock was:
4,001,817,059 shares of common stock as of December 31, 2023, and 4,501,817,059 shares of common stock as of May 20, 2024,
respectively.
2,038,317,059 shares of common stock as of December 31, 2022
From the 13th amended annual
Outstanding Shares
The number of shares outstanding of our Common Stock was:
3,851,817,059 shares of common stock as of December 31, 2023, and 4,501,817,059 shares of common stock as of May 10, 2024,
respectively.
1,888,317,059 shares of common stock as of December 31, 2022
Can anyone confirm that IGPK's Wang Dejun did not attend the School of Economics and Management of Tsinghua University?
Thanks in advance.
TSNP...Started at 0.0001 on Oct 4 2020...
TSNP:What a story...
TSNP>HUMBL..
In layman's terms: IGPK/Canada address and why it matters.>
related to Integrated Cannabis Solutions Inc (IGPK) and Jun Feng Huang Canada Holding Corp.:
Integrated Cannabis Solutions Inc (IGPK):
IGPK is a company that operated in the cannabis industry previous to this changeover.
Recently, there was a change in control of the company. Gene Caiazzo canceled 100% of the outstanding shares of Series A Preferred Stock.
The company also acquired Dongguan Junfenghuang E-Commerce Co., Ltd., a Chinese limited liability company, in exchange for 500,000,000 shares of IGPK common stock. This acquisition took place on January 1, 2024.
The address of IGPK is the same as that of Jun Feng Huang Canada Holding Corp (see below).
Jun Feng Huang Canada Holding Corp (LEI# 213800XH33CL6MP3M879) is a legal entity registered with the London Stock Exchange LEI Limited.
Its address is 460 Doyle Ave Unit 106, Kelowna, CA-BC, V1Y 0C2, Canada.
Jun Feng Huang Canada Holding Corp was involved in the acquisition of Dongguan Junfenghuang E-Commerce Co., Ltd. from IGPK.
In summary, IGPK and Jun Feng Huang Canada Holding Corp have been connected through the acquisition of Dongguan Junfenghuang E-Commerce Co., Ltd
and that is why I am asking for the parties involved if this is relevant to not being compliant in the LEI # system and as " lapsed"
What is a Legal Entity Identifier and why do companies need it?
REGISTRATION STATUS
Non-Conforming - Record is lapsed as of Jan 1, 2024
JUN FENG HUANG CANADA HOLDING CORP appears to have a transactional relationship with Integrated Cannabis Solutions Inc (IGPK). Specifically, there is a record of JUN FENG HUANG CANADA HOLDING CORP. (represented by Charlie Wu) paying $160,000 (from corporate funds) in cash to IGPK in consideration of 1,000,000 shares of Series A Preferred Stock. This transaction suggests some form of financial or investment activity between the two entities.
The question is: would this be relevant in this transaction for legitimacy for not being compliant with a LEI# ?
A Legal Entity Identifier code or LEI number is a unique global identification number for a company that is issued by a GLEIF accredited Local Operating Unit. Financial institutions and regulators use LEIs to identify participants in financial markets.
The LEI system was devised after the 2008 financial crisis in an effort to better regulate and to promote transparency within the global financial market. It is being increasingly adopted in jurisdictions around the world in an effort to achieve these aims. Companies that operate within jurisdictions that mandate the use of LEIs will need to obtain one before they are allowed to transact in that financial market. The use of LEIs for transactions involving OTC derivatives has been mandated in all provinces and territories across Canada since July 2016 (earlier in Manitoba, Quebec and Ontario).
Cash and Preferred Stock in OTC Derivatives:
OTC derivatives can involve cash settlements, which means that the parties settle the contract by exchanging cash payments rather than physical delivery of the underlying asset.
For example, in a forward contract, the counterparties negotiate and agree on the exact terms, including the expiration date, quantity of the underlying asset, and the specific asset to be delivered. At the end of the contract, cash settlement occurs.
Preferred stock is a type of equity security that represents ownership in a corporation. It typically pays a fixed dividend and has priority over common stock in terms of dividends and liquidation.
While OTC derivatives can involve preferred stock as an underlying asset, the specifics would depend on the contract terms negotiated between the parties.
LEI registration status indicates whether the legal entity the LEI references is legally registered and operating1. Conducting an LEI check will reveal the entity LEI Status, which will tell you whether the information contained within the record is likely to be valid or needs to be renewed2. If the LEI code has not been renewed recently, it may contain outdated data2. The LEI Entity Search shows the Legal Entity Identifier (LEI) code status of a legal entity, and mentions if LEI is active or lapsed.
LEI Initial Registration Date
2023-01-10
LEI Next Renewal Date
2024-01-10
JUN FENG HUANG CANADA HOLDING CORP.
LAPSED
https://www.forbes.com/sites/russellflannery/?sh=109309161504
I'll keep in touch...
(;
One way would be for "Godfather Capital" on Twitter to ask the shareholder communicating with wangdejun0111@163.com if his past
resume included "Former CEO and president of Leshan Dongneng Group in 2004".
Corroborate for me Wang Dejun history>> ...Former CEO and president of Leshan Dongneng Group,..Is this the same guy? Age 58 .Wang Dejun, a prominent Chinese businessman, has encountered both opportunities and obstacles throughout his ventures. Let’s delve into some of the challenges he has faced:
Legal Controversies:
Bribery Allegations: Wang Dejun faced legal scrutiny due to allegations of bribery. He was accused of helping Li Yushu launder at least 3 million yuan ($0.37 million)1. Such legal entanglements can significantly impact a business leader’s reputation and operations.
Navigating Diverse Industries:
Wang Dejun’s ventures span various sectors, including highway construction, furniture building, and housing development. Managing diverse businesses requires adaptability and expertise in different domains. Balancing these ventures can be challenging.
Evolving E-Commerce Landscape:
As the founder of JFH Digital E-Commerce Corp, Wang Dejun faces the dynamic e-commerce industry. While JFH has achieved remarkable success, staying ahead of trends, technological advancements, and consumer preferences remains an ongoing challenge.
Global Expansion:
JFH aims to extend its reach beyond China to other booming e-commerce markets, including the US, Europe, and Southeast Asia. Navigating international markets involves understanding cultural nuances, regulatory frameworks, and competitive landscapes.
Competition with Established Brands:
JFH’s phone, which rivals major brands like Samsung and Huawei, faces stiff competition. Wang Dejun’s team must continually innovate, market effectively, and differentiate their product to gain market share.
Attorney missed it, Secretary missed it, but IHUB caught it first.
Can someone confirm or dismiss that a former CEO and president of Leshan Dongneng Group
was IGPK's Wang Dejun? Thanks in advance.
Not too sure they have the correct QTR ending for NT filing 12-31-2023?.
Correct me if I'm wrong.
Name of the Issuer: Integrated Cannabis Solutions, Inc.
Check One: G Annual Report O Quarterly Report G Interim Report
For Period Ended: 12/31/2023
Grace Period (5-15-24) stocks of interest
https://stocksandgains.com/otcgraceperiod
Grace Period IGPK 5-15-2024
Annual Report Drama: In laymans' terms:
As the fiscal year-end approached, Dr. Peelington was busy inventing the “BananaPhone” (a communication device powered by—you guessed it—bananas).
The accounting team, however, got caught up in a heated debate: Should they classify banana peels as “assets” or “liabilities”?
Result: The annual report deadline slipped their minds, and suddenly, it was April 30!
Notification of Late Filing:
Dr. Peelington swung into action. He drafted a heartfelt “Notification of Late Filing” on a ripe banana leaf:
“Dear Shareholders, 🍌 We apologize for the delay in our annual report. Our monkey accountants got tangled in banana vines. Expect the report within 15 business days. 🙈 Sincerely, Dr. Peelington”
Grace Period Countdown:
The clock ticked. BananaTech had exactly 15 business days to post the late filing.
Meanwhile, the tech team worked on a groundbreaking invention: the “BananaSatellite” (for intercontinental fruit communication).
BananaTech’s Stock Price:
Investors were puzzled. Would the delayed report affect BananaTech’s stock price?
Rumor had it that the “BananaPhone” prototype was causing a stir among fruit enthusiasts.
OTC Markets’ Response:
OTC Markets raised an eyebrow but appreciated the banana-themed creativity.
Dr. Peelington promised to submit the report soon, even if it meant pulling an all-nighter in the treehouse.
Conclusion:
BananaTech, Inc. survived the grace period, and the annual report eventually appeared on OTCIQ.
Shareholders received a digital copy, complete with banana emojis and a footnote: “Our auditors are bananas about accuracy! 🍌🔍”
If they filed the NT-12b-25 on 4-16 ( 24 hours after the 4-15 10K deadline then the extension would have
been 15 days till 5-1 but that was not filed accordingly on Edgar. They are Pink Limited already so not sure what
penalties occur in this situation.. Even Caiazzo filed the last NT-10K( 12b-25) for last 10k on 3-31-23 for 12-31-2012 ending.
Thanks Dino on the message. I am not a subscriber but keep me posted on this issue via Message route and know that I have read them.
Looks like April 16 is for late filings on 10K . Correct me if I am wrong...
Dino... Agree with you wholeheartedly, But you have to agree those 20,000% plus OTC gains on scams DCGD, TSNP would
have the heart pacing on early entries with a great story as starters. Always good to see you around. Don't post much anymore but
I love the game still. Your take on this IGPK with Billions and it's story and at this price. Not quite sure the 10K will have anything from
the new company folding in here.. To me, I'm asking >Who is to gain in this OTC venture as a Billion dollar private to public ticker?
Thanks in advance Dino.
Temporarily blockage of blood flow to the brain.
PB... Not sure how you communicate offline but would be interested
in a GROUP DM via Twitter since you have account. Enjoy your DD.
Thanks in advance for your time and efforts..
Tothe..Greatly appreciate the high quality of information provided with
analysis accompanying the charts/links. Good reading... The bullshliterally, good
or bad, I can handle.. Again, hats off to you for taking the time on your Sunday.
Thanking you in advance.
Threeflight.. What positives do the buyers for 250,000,000 at 0.0015 have on the offering? I would think
at this point 0.0005-0.0009 would be to their best interest of a price ot make any money.
Threeflight.. Enlighten me on any positives to this scenario. Thanks in advance.
I sure in hell may be tempted to buy 100,000,000 at 0.0009-0.0015 if another story pumps it back up again.
I mean how many times has an offering gone through with another push in 3 years.
I've seen bloated pigs at 1 Billion shares with CBD oil trading much higher.. The absolute worst scenario is a RS.
Powerbattles.. Can you elaborate on the numbers in question? Tried going
through your posts on the dividend price vs quantity to qualify in relation to
25 million shares on hand.vs resulting values as a divi you discussed.
I'm 68 yrs old but always trying to learn a new twist in the investment world.
Just never thought this as another option on an OTC investment.
Powerbattles...> Thank you in advance for that bit of information.
Difference between 8-30 QTR and 9-25 Amended
The consolidated financial statements include the Company’s wholly owned subsidiary, RSAMMD Acquisitions LLC. All significant intercompany transactions are eliminated. There was no income or expense recorded between the companies during the quarter ended June 30, 2022.
Thanks Peter,
Hope all is well with family. Good to see you update here.
CCSAC vs Pacific Bank Corp via Court listener link
Dino,Zomby... Tad Mailander, serves as P*PL’s (Plandai Biotechnology) CEO and President. I am aware of Mailander through another stock from the past. How does his company's technology relate to TXTM's : Protext Pharma, Inc. (F.K.A. Protext Mobility), operates two wholly owned subsidiaries; Plandai Biotechnology South Africa (PTY) LTD. and Cannabis Biosciences, Inc. Plandai Biotechnology SA, has the exclusive worldwide license to develop pharmaceutical applications and products using the Phytofare catechin complex, which was developed by Plandai Biotechnology, Inc. Thanks in advance..
Thanks, I followed that site and came up with the 4-16-22 version.
Wanted to have a comparison on old and new..
Anyone have screenshots of old www.rsammd.co.za site contents
before they go live with rsammd.com site registered 6-22? Thanks in advance
Thanks Zombywolf. The telltale was the CEO and his social media agenda.
They gave him 2 minutes on the CC which was 1:45 too much. Not that you can't money off this ticker. Just don't want to get stuck on top.
Zombywolf, Was just wondering why RSAMMD LLC address on B&D goes to
Dr. Ahmed Jamaloodeen's Tommy's Auto Parts LLC. Looks like he is
into several ventures. Crazy...
Is this the address for RSAMMD Acquisitions LLC? Thanks in advance
2 STEPHENSON ST. NEWCASTLE KWA-ZULU NATAL, 2940 South Africa