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.
This is why
https://www.otcmarkets.com/stock/SBES/profile
COMPANY OFFICERS & CONTACTS
Martin D Ustin
Co-CEO
Meihua Xu
Co-CEO
Vincent Prince
CFO, Secretary
COMPANY DIRECTORS
Vincent Prince
Martin D Ustin
Co-CEO
That's assuming Martin Ustin agrees with any merger being completed with SBES and we know how that went with Xu's other tickers.
I'm not being negative here but just speaking with facts. Xu really went a different route for the 2 mergers he has completed so far. Let's start with ZMRK and HDII. Thankfully there was enough hype on both of them from sub penny to mid single digit pennies and j made some nice profit but what really happened was ZMRK was to get AeroPonLeaf and it took so long with a dispute with Eugene Kim that HDII was brought into the fold and many jumped ship to HDII only to see the dispute resolved and Xu went with ZMRK but by then it was to late for many.
No we will discuss SPOM merger. This starts again with a dispute with Kenneth Brimmer which did finally get resolved but this is what happened. Many bought HDII expecting the recent SPOM merger to go to HDII but Xu said needed to be done quickly so most were still holding HDII when they realized SPOM was the candidate but by then SPOM was at .08 or higher and many sold HDII for a loss and bought SPOM so high that they are now in the hole again hoping for a miracle run but with recently released SPOM financials being nothing Xu said it has tanked even further.
Now we look at SBES and it was promised almost from the beginning how it would be merged and still about 2 years later nothing. I expect something to be done with SBES but it's already to late with it tanking so far and even if runs might make it back to a penny but most lost trust in Xu.
Anyways this is all his tickers without getting into ADGS.
SPOM was only delivered on for the many who quickly for into it after letting down HDII owners who were expecting the merger to happen on that ticker as per Xu promising so many times yet last minute he changes it on everyone so HDII holders then became bagholders and many sold out before it ran to double digits because Xu took its time to supposedly find a replacement but even then still didn't hit double digits on that news.
Anyways my point is the many people who think they can get rich quick chased and lots bout at or near .68 and now have taken a permanent loss. Thankfully for me I know when I've missed out on a run or just take a quick flipp and move on.
We will see. Only a long time will tell it seems for SBES. However if you look at ZMRK they merged with Aeropon Leaf and still name and ticker the same. SPOM is also the same. Most RM do this once complete and Xu tickers haven't.
You can't compare HDII to SBES. SS and float are night and day difference. Reason it soared compared to SBES is the extremely large float and SS SBES has which isn't good. If something ever comes of SBES it might run a few pennies at most. Would need an RS or shared retired to see any run like SPOM or HDII.
What can you expect from a non reporting OTC stock. The hype of tickers RMing usually allow for significant profit and PPS increase but it will always be short lived as are not audited reports. Either way the run to .68 was and is done. All that's left now is to take advantage of flipping. SPOM will only take off if ever up lists.
Its not MM BS at all for SPOM. Its classic profit taking after financials released. In any OTC stock you buy the hype and sell the news unless you are long on a stock then this decline shouldn't mean anything in the big picture.
Its because he's been here since 2014 and holding through the RS's that have taken pace over the years and now with recent volume hoping for a miracle that GRCU will hit .05 so he can hopefully get out with some dignity. That door to door vacuum sales job he was praising he had back then wouldn't be so hot during this pandemic. LOL
$SPOM isn't his responsibility anymore. The RM was completed already which shot have allowed him to move on to $HDII already and then $SBES maybe. I've got a feeling they are far off still and he's making excuses for why nothing has been done. Many will come back when financials are released and not before. Look how XU's RM using ZMRK and whee it went. There is a perfect example.
$CTYX looking great these past few days. News will send this through the roof. Let's hope that's what happens very soon.
Exactly put out the name of the RMing company. Everyone was pumping Rocky SaaS and turned out that was fake. If it were true it would have happened long ago. I got out of SBES awhile ago but might grab some shares if goes much lower. Reason PPS is declining is people are taking money to other plays that have much more upside in short and long term. It's not people chasing other stocks at all and even if they did they could come back later and buy more shares with the profits they made and at lower PPS.
You are 100% correct. $CTYX will have its day when we get candidate details. Right now just people flipping or getting out because they are impatient.
Check OTC Markets website at www.otcmarkets.com and search CTYX. He's still an interim CEO.
Excellent news and looking forward to seeing more updates as we progress. Congrats to all who have been holding through the quiet period. $CTYX
Not being negative here but if it wasn't for the small paint on the ask this would have been further red today. I'm not worried though with the daily trading. I'm waiting for the RM news which will send $CTYX through the roof.
I agree with you on all your points but seems PPS has been priced into all the new board members added and probably to come. What we need is RM details for this to run.
A lot of investors don't invest during the summer months. $CTYX is down on low volume. Other stocks are up on low volume. There really isn't a market right now. Until we see substantial volume we will trend where we are until RM details are released.
Market is really low volume right now and you can expect this during the summer months. $CTYX is down on low 3 million volume and other stocks I hold are up on very low volume so you can't really gauge anything on this. Stock market will start to pickup again in September and fall. I'm just continuing to hold silently until merger is announced and complete.
You can tell everyone to ignore the news on the new Chinese stock rules but fear is always going to set in and is what happened to $SPOM. Nothing could have saved it today. Let's say most Chinese tickers would be safe from these new rules many will and did jump ship for not doing any DD into how it will play out. That's how the OTC is.
This won't matter as many play the OTC for what it is which is a gamble. As soon as the news came out the panic set in and investors sold and then the smart investors who could smell a blood bath coming sold to mitigate losses in $SPOM as example. Nice day for $HDII though.
Very true with $CTYX. Look at all Xu tickers such as $HDI* which ran the past few days on nothing but hype. it still has a control dispute on it with no end in sight while court systems are closed and $SPO* ran on nothing as well. So when you look at the potential RMing company here and filings all current there is a huge PPS increase potential from this level l coming. I made out big on all Xu plays and I will with Paul Michaels and $CTYX
That would be awesome if that happened however I don't think courts have opened up yet for the CD to be resolved which makes this run more surprising. Xu has yet again announced the potential RM company with no word on CD being removed so we can hope this time he is successful and doesn't pass the RM company to another ticker. I'm invested and will just say enjoy the ride north right now. $HDII
$CTYX is clearly being held down and will run when ready. It's always more volatile during summer months. I am in other RM plays running right now and no conformation of when merger will be complete so $CTYX will have it's day and hopefully in the near future.
SS and float very low for $HDII and the reason it runs nicely. I think the $SPOM type run will happen well before the control dispute is complete. We will continue to wait for court systems to open up again and once Xu gets legal conformation $HDII is his and Brimmer out he will then be able to complete merger. Just enjoy the ride. I've been here for over a year and won't be missing out on this run.
Been holding $HDII for a long time now. Can you provide your proof big Toronto investors are loading? I am holding for the RM however still waiting for CD to be removed after court case happens.
Every smart investor knew Covid-19 would delay stocks including $CTYX. Now we just have an official PR to confirm this. Now many will sell and come back when green volume comes back. It's like clockwork in OTC how this always plays out. The CEO didn't put all this time to making this ticker current for nothing so we still have huge potential here as company progresses.
What could Paul Michaels do. He was getting so many emails and messages. Most stocks are being affected by covid-19 and RM's are being delayed due to this. We are also coming into summer months where many stop investing during that time. We do know the RM company will be big when officially announced and hopefully PPS reflects that at the time. All anyone can do is either choose to hold for when news is released, or sell and move on to another pink stock which is probably no more then a pumped stock. $CTYX will have it's day.
Some SCTYX facts as already posted by many here.
SS very nice with low float and outstanding shares.
No dilution with fact that no outstanding convertible debt (Doesn't matter if erased due to creditors being stiffed as some seen to refer to here. We have new ownership who plans to make a real company out of this ticker with a huge RM to be announced shortly.
Website being updated as predicted and more to come in near future.
Lots of investors sitting patiently and quietly who don't post daily like myself just waiting for all to unfold. I truly believe anyone holding now will make a nice sum of money with patience. Anyone buying at current PPS will see in time how these shares were a gift and not having to chase when RM information released.
GLTA $CTYX!!!
Again this was old management. We have a new interim CEO. So again like everyone else here has said it has nothing to do with current operations. You wouldn't get this though because you choose not to. So far everything is coming together perfectly for $CTYX and RM.
Website update and RM details. $CTYX looking strong and preparing for a huge bull run. No selling as many holding shares locked tight for the big reveal.
This was on my brokerage account the moment it was released so most should have seen it and known it was the real deal. Anyone not seeing it on their brokerage account might need to question their broker where there news releases are received from. All looking good here and haven't seen a CEO as responsive as our CEO Paul Michaels has been and quick to get us out of grey and pink current. $CTYX
Down on extremely low volume. Everyone just needs to remember our CEO Paul Michaels is working tirelessly to get everything done. In just a short time he got $CTYX off grey markets, financials up to date with attorney letter, and current status on OTC markets. He works very quickly and I would expect he is already getting website ready to be launched and RM details finalized. We will all know in a short period of time. GLTA holding through the retail buying, selling, and MM manipulation.
It's a process. Guarantee you if news of a RM was released before financials, attorney letter out, and OTC current you would have everyone in the woodwork coming out saying this is a scam at not current. I suspect we get more news soon which should enlighten everyone as to RM candidate and direction. $CTYX
We just got news. What more can you expect. Our CEO Paul Michaels has been very transparent and quick to update shareholders. Looking forward to the weeks ahead. $CTYX
What I would say is there was good support in high 1's and low 2's and until late yesterday and today was holding nicely. Low volume selling has caused $CTYX to decline. This is the OTC so what can we expect but retail selling/flipping and manipulation. All news points to much bigger for $CTYX and in coming months PPS will hopefully reflect all the huge news that is anticipated. GLTA
Can't place this solely on anyone here why this hasn't run. What I can say is that pink current was expected and seems to have been priced into current PPS in low .02's. What will hopefully take this to the next level is more information on RM and full website up and running. Considering all this we are still playing in the OTC so we could see a huge run when this happens or we could sit where we are now. When momo starts, that is when money will be made and until that happens and MM's willing to let it happen, we will trade as we are. So far MM's and retail selling been holding this down. GLTA $CTYX!!!
Can't place this solely on anyone here why this hasn't run. What I can say is that pink current was expected and seems to have been priced into current PPS in low .02's. What will hopefully take this to the next level is more information on RM and full website up and running. Considering all this we are still playing in the OTC so we could see a huge run when this happens or we could sit where we are now. When momo starts, that is when money will be made and until that happens and MM's willing to let it happen, we will trade as we are. So far MM's and retail selling been holding this down. GLTA $CTYX!!!
That's very possible but I doubt most of the investors on this board will be here then. Not being negative but PPS will have skyrocketed by then and most taken profits. This current PPS is a fraction of what I will be selling at. Just my opinion there will be a huge momo that takes this above a dollar and potentially multi dollars.
In due time will be .500 if everyone wants to be so correct here. CEO has been very transparent and this reflects in the pink current showing this morning. More news to come shortly. $CTYX