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I like that it’s RESTRICTED stock. So it won’t be hitting the market for a long time.
Agreed, definitely need volume. It’ll come.
Let’s get this bread!
Absolutely, SEGN has a lot going on.
How many movies/tv specials/books have been done about this guy and other Ponzi schemes?
I genuinely feel bad for our elderly as they seem to be the ones falling victim.
Oldest scam in the book... lol
What’s even more bizarre is how many people keep falling for it
How on earth anyone ever thought they could get away with that is beyond me. Lol the things people think up. If they just used their powers for good instead of scams.
Reminds me of the ADR stuff going on.
Wow, that’s ballsy!
Sorry :) we’re still doing our DD Support and such.... just On good scotch this time.
Those got taken out. .07 now.
A .07 or higher close today would be strong.
Power hour is here!
And it probably has more disinfectant properties than that $PCTL chlorine water. Lol.
It’s phenomenal.....
If you like the aromatics of something aged in Sherry Casks then have you tried Speyburn. For an inexpensive bottle it’s very delightful.
The last Acquisition was 8K’d. I bet they put out an 8K tomorrow with the details on this acquisition
Was at $1.51 a few weeks ago..... so, yea, with good volume .20 should be easy. I was thinking .30-.40 would be “POSSIBLE”.
It’s starting to hit scanners
Agreed. It really is brainless.
But, this stock is still ripping!
.09 showed up for a second and I thought it would print but OTCX threw up 10,000 shares. OTCX is really trying to cover a short. Keep squeezing!!!!
Lol OTCX shorter is desperately trying to hold it down 10,000 shares at a time. Keeps getting hammered.
Success Entertainment Group International Expands Infrastructure model enters into LOI with Utility Management Corp.
Newsfile Corp.
Newsfile Corp
Ossian, Indiana--(Newsfile Corp. - April 30, 2020) - Success Entertainment Group International, Inc. (OTCQB: SEGN), recently acquired Renavotio Infratech, Inc. (RII) has entered an LOI to acquire an anchor infrastructure company with two Key subsidiaries. Utility Management Corp, ("UMC") a Delaware company and its subsidiaries Utility Management Company, LLC and Cross-Bo Construction, LLC based in Ochelata, Oklahoma.
The LOI call for RII to exchange SEGN common stock for 100% of the Equity Interests of UMC for an aggregate purchase price of Four Million Five Hundred Thousand US Dollars, ($4,500,000.00), subject to adjustment based on Buyer's due diligence review, any third party valuation reports of the Company that Buyer may obtain and any adjustment terms set forth in the Definitive Agreement with the intent to operate the Company as a wholly-owned subsidiary. The Purchase Price subject to adjustment, (i) the assumption or pay off of Two Million Nine Hundred Thousand US Dollars ($2,900,000.00), with a minimum payment of $300,000 cash buy June 15, 2020, and (ii) One Million Six Hundred Thousand Dollars, ($1,600,000.00) worth of Success Entertainment Group International, Inc., ("SEGN") common stock, calculated at the closing price the day of the close.
RII has targeted two additional key of growth areas in the infrastructure space. Utility Management and Construction (UMCCO) founded in 1962 UMCCO is a leader in small community Utility management and has operations that provided water-systems management for over 1200 customers. Utility Management & Construction Company (UMCCO) specializes in the management and operations of small utility systems (Rural Waters Systems or Public Trusts or Authority), including record keeping, reporting, budgeting, customer correspondence, billing and engineering.
UMCCO utilizes licensed Technology Solutions providing GIS solutions, infrastructure management and "smart city" infrastructure technology to construction, environmental consulting, utility and government clients in the United States. This technology offers two principal products, it enables local and distributed teams to do field data collection using mobile devices (iOS and Android) and manage all geospatial data using a web interface and is a collection of components and application program interfaces (APIs) that makes it easy to create a full, custom mapping solution very quickly. These components enable extensive and intensive data analysis, routing and dissemination of geospatial information.
UMC's second subsidiary, Cross-Bo Construction specializes in Utility System installation and maintenance. Cross-Bo provides the hard assets and expertise to install pipelines for water, wastewater, storm water and gas systems up to 36 inches in diameter. Its Hydrovac excavators, drilling, and heavy excavating equipment lets Cross-Bo compete in the municipal utility bidding market for installation of water, waste water, storm water, and gas system construction and installation. Cross-Bo has expertise in the installation of HDPE, PVC, and Ductile piping Systems. The company is expanding into the fiber optic installation and participating in the 5G roll out with targeted Telcom relationships.
The UMC team bring businesses originally established in 1962 and have combined engineering and construction experience of over 100 years. The UMC mission statement is:
"We are servant leaders and technicians who believe that water is life! Our mission is to provide the highest quality drinking water and utility management to rural communities while protecting the natural resources and environment in which we operate."
"We continue to reach out and secure opportunities for SEGN and RII, that will prove us leaders in the infrastructure space. As our country begins the healing process renewing the infrastructure will be one of the foundations of our recovery. Our company name is a play of the Latin meaning of reborn. Renew and revitalize our infrastructure is how our nation will recover," said Billy Robinson, CEO.
“We continue to reach out and secure opportunities for SEGN and RII, that will prove us leaders in the infrastructure space. As our country begins the healing process renewing the infrastructure will be one of the foundations of our recovery”
https://www.otcmarkets.com/stock/SEGN/news/story?e&id=1589735
.15 coming soon? L2 looking a little thin this morning.
Lagavulin 16 Year Old Is one of my personal favorites....
The company JUST put out it’s first PR in a while yesterday. Everyone can do their part and tweet out the news from yesterday!
Not to mention they raised the authorized shares from 300,000,000 to 1,000,000,000 and the issued and outstanding went from 285million to over 500 million in just a couple months.
Also, doesn’t it seem a bit shady that they arent updating otc markets with the float and the TA won’t give that number either?
Nice healthy pull back this morning before the next run up. News coming soon IMO.
Someone just bitch slapped OTCX. Huge buy!
Some big bidders in there already
Absolutely should move up from here
My assumption is that we should see more updates soon in regards to sales and such.
With news like today I think it can potentially go right back up to January highs
I honestly don’t think it’s over. I still think it’s waaaay undervalued here. They sold 80,000 PPE gowns at 6-7 bucks a piece this week and are expecting it to go up to 250,000 gowns a week for what seems like the foreseeable future.
Millions of dollars possible here. That would see the stock price much higher
Beautiful move today on nice volume
MM GTSM has a hidden bid of 350,000 shares
That 249,000 at .05 is a short trying to hold it down. I bet if it starts getting hit that it will back off and disappear.
They’ve got 80,000 units (ppe gowns) already sold and being shipped.
Those things are going for 6-7 dollars in bulk orders.
These hospital gowns that $SEGN has 80,000 units already sold and being shipped is selling online for $6-$7 a piece!!!!
For pricing reference
https://www.wrist-band.com/disposable-gown-5604-nproducts?gclid=CjwKCAjwqJ_1BRBZEiwAv73uwH5BqHNrBl41Op20VjTLjpMTJe-tybS_LvwUSLtWFfHRKWksRb35CRoC1-oQAvD_BwE
80,000 x $7
That’s $560,000 a WEEK!!!!
$29,000,000 a YEAR!!!!
If they can ramp it up to 250,000 Units a week like they are projecting then that’s $91,000,000 a year in revenues!!!!
Wtf?!
Show me the contracts. I’ve been asking for that for weeks. No one has provided “facts” til we see PO’s and signed contracts.
?https://finance.yahoo.com/news/success-entertainment-group-international-joins-124500358.html?
?“RII has received orders for PPE gowns that initially will total over 80,000 a week and could grow to 250,000 a week in the next 120 days.”?
?$SEGN ?
?Huge news in the #covid19 fight. ?
?
They’ve already got a PO for 80,000 units/gowns. Those things sell for a couple bucks a piece.