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That's laugh worthy
Besides, I never said they weren't trying. But, they're not.
I want to know more $HDIH$
Where is the information stating that they are not working towards changing their status on OTC Markets to remove the stop sign?
What I have found is...
The company has been undergoing the process of restructuring, T/A no longer has a gag order, The VAST majority of the O/S are restricted, as with all mergers, The ticker change and stock split was regulated by FINRA, so they are fully aware of those activities, The Registered Agent has been verified, and they certainly appear, to me, to be active in attempting to conduct business. $HDIH$
Seems to me that these things certainly lean more towards the possibility of that stop sign being removed than not.
We are bound to be hearing more from them very soon. I heard from the company today. They recently started answering email enquiries
Agreed, Especially since this thing is trading so thin. $HDIH$
The shareholders and $HDIH$ price obviously agree
I'm still curious???
Do tell me more...
1800 Share Bid is certainly optimistic!
This has been a patient game of slowly collecting shares. Highly unlikely that anyone is that eager to sell. I'd be very surprised to see that many shares dumped.
Some will take the lack of selling as a sign that this is not a very attractive play. I however, disagree as I feel that it shows just how low the float truly is, confirms no dilution from the company, and it's highly likely that strong hands are hanging tough.
Lock it up and throw away the key $o)
We shall see...
I am fairly confident in the same! all the newbies will then say it will go to $100
This has been a loooong play for sure and it looks like it hasn't even begun yet! $HDIH$
Registered Agent Address Confirmed
LI ALEX JINKUNG
Registered Agent for HDIH(USA)
Parcel Number - 138-33-720-108 (Copy & Paste)
Address - 745 Wheat Ridge Lane NOT (WHEST RIDGE LANE)
Las Vegas, NV
o - Show present and prior owners of the parcel number
***Click on the ETAL link after the CURRENT OWNER NAME HUA YU LING***
Clark County Property Records
So here's another piece of the puzzle! This checks out and the search confirms, yet again, what the company has stated and/or filed! It's also a possibility that if they made a mistake on the address, they might actually have a working phone number, somewhere out there. #searchingfortruth
Happy Trading
When the company releases some news maybe we'll get close to punching that $75 right in the kisser!
Split right down the middle
OTC Short Report
This would explain all of the bid selling. Just someone doing laundry to clean those shorts.
Certainly could be! $HDIH$
RTM's Ultimate Brain Warp
One of the most common types of reverse merger is the reverse triangular merger.
Respectfully Agreed!
I do understand there are many different things that affect the evaluation of a company. I also understand that there aren't many standards when comparing Traditional IPO's and CRM's. There are many rules that don't apply or are tweaked slightly.
The O/S is typically a sound way to evaluate the true value of a company but CRM's are anything but typical, in all aspects.
I have a conference call lined up with a few industry professionals that deal specifically with SEC Registration, Mergers, and Capital Structure.
Either way, I'll learn something and I'll gladly pass it along.
I appreciate the stimulant!
I appreciate the constant questioning. It truly forces me to due my DD, which is always a good thing. The more I research, the more I understand. The best thing we can do is ask questions and look for ways to confirm or debunk the information being passed along.
We all have access to the same information at the moment so we are going off of what we know. We know that the company has done what they have stated so far. Are there currently hang-ups with the information that is listed publicly? Yep. Have I found holes in what it is they have stated in their PR? Not yet. I'm not referring to the contact information as there could be numerous reasons for the change.
Believe me, I'm still looking. The funny thing is that the SEC has a time frame to publish registrations of a CRM. This is due to the large amount of investigation, verification, and tracking of the registrant information.
You should call the SEC and ask some more questions related specifically to their(SEC) listing of CRM's after they receive registration information. You might find it to be helpful.
I'm not saying that they have received any such Registration from HDIH, just that they have a different set of rules for CRM's in particular.
Interesting perspective...
I understand part of your logic. I'll agree that it was an ouch moment, but I can assure you that we weren't the ones selling at that time.
Historically this was trading in the range of the equivalent to $15 all the way to $50. Nothing much has changed with the float except the issuance of the free shares. That's why people have been stating the large $$$ possibilities. According to a phone call with the SEC they still can't dilute shares into the market to increase the publicly traded float, so she's still very thin.
I still don't see anyone paying a premium now, in comparison to my average post-split. I also believe that your calculations for the market cap aren't backed up by a true understanding of the share structure. That is, however, just my opinion.
#punchingholesinlogic
Not Quite Understanding
I'm not exactly sure how to interpret that one. So some people got some free shares. I know I did! I was also in at $16.40 at the time of the split. I was able to average down when those peeps decided to sell their free shares. We, the people before the split, payed a premium compared to anyone buying now!
Look back at the charts and you'll see what I mean.
Remember the PR!
Additionally, we are effectuating a reverse split of our shares, with the ratio of 1 for 1,000 shares. However, each shareholder shall receive no less than 100 new shares, and any fractional shares shall be rounded up to the nearest whole share.
We are effectuating the name and symbol changes in anticipation of a planned merger with H-D International Holdings Group (USA).
As stated above (III.1.), a cumbersome proxy or information statement is required if the Public Shell’s capital structure must be revised to accomplish the merger. If the management of the Public Shell promises to have the right capital structure already in place, very often the necessary adjustments to the capital structure have been made in the past in the abstract contemplation of a possible reverse shell merger in the not too distant future.
Registrations There are several ways to accomplish a registration of the shares issued in a reverse shell merger. First, the issuance of the shares of the Public Shell could be registered in a registration statement on Form S-4. If the parties have concluded that a proxy statement must be filed to accomplish a necessary capital structure change in the first place (see above III.1.(b)), such proxy statement under cover of Form S-4 can at the same time also serve to register the shares to be issued in the merger. We have already explained that this will be a time consuming and expensive process. Second, if the closing does not require a capital restructuring of the Public Shell and therefore a proxy or information statement is not necessary, and Regulation D or S is available for the issuance of the shares, the merger could close without any SEC filing being required. To create a substantial public float, however, the resale of the shares issued in the merger would have to be registered.
And Again... To create a substantial public float, however, the resale of the shares issued in the merger would have to be registered.
Carter Ledyard & Milburn LLP Publications
It is our view that, both before and after the [reverse shell merger], the promoters or affiliates of blank check[12] companies, as well as their transferees, are “underwriters” of the securities issued. Accordingly, we are also of the view that the securities involved can only be resold through registration under the Securities Act.
The SEC stated: Rule 144
*Based on the Worm Letter, it is not possible ever to use Rule 144 to create a public float without a registration statement.
Carter Ledyard & Milburn LLP Publications
Let's Adjust the Lens a bit if the capital structure of a Public Shell is not adequate to accomplish the merger, the capital structure will have to be altered by effecting either an increase in the authorized number of shares or a reverse split of the outstanding shares typically a majority of these shares are held by affiliates of the Public Shell and are therefore, as will be described below under (c), not freely tradeable either. Consequently, typically not more than 10% of the surviving entity’s outstanding shares are freely tradeable. Therefore, it will be impossible to accomplish a large public float of the shares issued to the Private Company shareholders in a short time period. The shareholders of the Private Company, under the merger agreement, will usually receive 80-85% of the stock to be issued in the merger by the Public Shell in consideration for giving up their shares in the Private Company. The merger agreement also typically provides that within a specified time frame post-merger, the Sub (now the legal successor of the Private Company) will have to be merged into the Public Shell (“Upstream Merger”).
Carter Ledyard & Milburn LLP Publications
Call the Securities Division with the Nevada SOS
Securities Division
555 East Washington Avenue, Suite 5200
Las Vegas, NV 89101
Phone: 702-486-2440
Fax: 702-486-2452
Email: nvsec@sos.nv.gov
You're welcome Rocket!
Hopefully this company will share your namesake very soon! $HDIH$ Rocket
This should clear things up a bit.
It's because of the gap up from to $1.50 to $3.60 that triggers out of sequence trade
What? Not selling anymore...
Doing some laundry, are we?
The scales can't be balanced forever!
Something's gotta give really soon $HDIH$
Oh yeah, the feelers are making their way out into the world!
How many times have we seen...
Companies take time to go through the processes. This one is no different! I've been patiently waiting and I'll continue to wait to hear from the company. We'll just have to wait and see how it all plays out.
I'm not detracted by any information posted here. As a matter of fact, I have a larger understanding now and I know that looking at everything as a whole is certainly more productive than any one single piece of this puzzle.
Lol!!!! Plain to see
Stuck on the O/S
So do you have any determination how the O/S are held by the company? Do you know if they are restricted or free trading? Do you see how thin this is trading? Have you seen billions of shares sold historically?
Simple answer... Nope.
The vast majority can very well be restricted causing this super low float to skyrocket. It's possible because the O/S at this point is almost pointless because it's not the only piece to the puzzle.
Moving forward is plainly understood.
It is the act of actions, as in not stagnant, dormant, inactive, or remaining still!
Yep, That's it! :0)
As a matter of fact!
He was a great contact and the clarity I received from the conversation was far greater than I can put into words. The "Giddy" comment was very plainly understood by me. He was very open and his attitude was very positive. Not some dark figure in the corner repeatedly whispering the O/S in a dark corner.
The time frame was not discussed because I know the time frames, as I have been following this company for over a year. He did state that that they were still moving forward.
Puzzle pieces are becoming clear!
Another note... The previously posted O/S is current and I don't question its validity. I just look at the picture as a whole and understand that the O/S is only a piece in the puzzle. We can't fully determine how the O/S is split up or held by the company and it's subsidiaries.
I just spoke with Jason at the T/A! "Is the company required to file with FINRA to initiate a ticker and name change?" "All name changes and ticker changes are definitely run through FINRA. They couldn't arbitrarily change the company information without notifying FINRA."
I was very satisfied with the conversation and he was tremendously informative. I specifically asked the question
His reply was,
I also asked when the share structure was updated because on a previous call it wasn't available. He said it is updated nearly in real time and
he also stated that the only way he can't give out information is if there are notes in the system, aka a gag order.
I HIGHLY RECOMMEND EVERYONE CALLING THE T/A and asking your own questions. You'll be surprised at what they CAN actually talk about.
You have to ask the questions, though! I did ask him something that I knew he couldn't answer and he told me that he was limited to the information he could release, which is perfectly normal.
Form your own opinions, ask questions, and dd till you drop!
On hold with them now
Transfer Agent The only reason to ever call a transfer agent is to get the accurate share structure
I disagree with that statement. There are actually quite a few things that can be learned from both calls to the T/A. The current O/S wasn't available in the first conversation and in the 2nd conversation it was.
That sure says something to me. It tells me that the company is still actively involved in pursuing this deal. Obviously, as everything, it's simply a matter of perspective.
P.S. The T/A is allowed to mention a FACT, like the company would've had to file with FINRA to initiate the name and ticker change. This was after the changes had already taken place.