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You could have said 2 weeks ago this virus wasn't as wide spread as it is now but to discount any delay now is just being in denial. I do agree with Honolulu Traders points. Many business have closed up there for now to ensure safety of family. No one here knows what RockySaaS has done as far as preventative measures. I can tell you with working for a big organization they have health and safety measures in place to protect their employees. Even myself in Canada my company has measures in place. They aren't significant ones yet since only 5 cases of virus confirmed in Canada but now you look at RockySaaS located in the heart of the virus they will have much more preventative measures. I can almost guarantee you they are either closed, or on voluntary basis people can stay home. To all the people saying maybe paperwork was already signed for the RM, that can't be the case without a current shell to merge into. So either Xu is merging into another company as he insists everything is on track, or we will most definitely see delays which would make his Twitter post come into question. I'm still holding and am in green but I'm not one deny what currently is affecting this RM.
I'm not understanding you? You and so many on this board seem to think RM is RockySaaS going into SBES. So I was using that as my basis. Now assuming the above, how is China not relevant to this? Yes Xu and SBES are in Canada, but Rocky is in China. Only way we wouldn't be referencing China in this post is if RockySaaS isn't the RM company and they are going to RM with a company elsewhere or one located in Canada.
Yes Xu posted "NOT AFFECTING THEIR WORK" He didn't reference RockySaaS in this post. Also he wouldn't anyways as we don't even know if that is the RM company. For all we know if nothing is affecting his work maybe Rocky isn't the RM company with them being located in the hart of China where the virus is most affected. I'm just stating a valid point. No one can refute that at all.
This isn't even the case. What he is referring to is there will be delays with SBES due to this virus as well delays because we have Xu at the helm and his other 2 tickers experienced many silent periods due to delays. This virus only adds to the current situation. All of what you wrote in your post doesn't make SBES anymore attractive to investors. Look at all investors here and on Twitter pumping saying buy above a penny because that's cheap when in reality at moment it's overpriced as you can see now being under a penny again. The volume here speaks loudly that there aren't as many investors interested right now. Also you should know that OTC only trades on momentum and volume and once gone so is the stock until the next run. It's so funny how everyone tries to pump creating volume when in reality that never works.
No you shouldn't believe me, Xu, or anyone, just facts posted in a PR. Honolulu Trader says it best in his posts about it not being SBES being in Canada and him completing his overdue financials promised months ago, rather it's RockySaaS and how they are located in the heart of the virus and their focus will be on dealing with that first. I've always been saying RM will be complete just that it will most likely be delayed and now this is another reason for it and most likely a reality at this time. If the RM were to be complete in the wake of this virus aftermath it would be a huge negative for RockySaaS and credibility for the company will diminish.
Yes ZMRK did pop to .06 but that was all on speculation not on filings or merger compete. If you want to compare that to SBES then you could also say pop from .0002 to .0195 based on SS being much higher is done as well and that merger won't mean anything either. I'm comparing apples to apples. Everyone was expecting this to continue north from .06 as merger was complete and didn't happen. With SBES we had pop and then there were delays on filings like ZMRK and now PPS has seen a sharp decline by well over 50% from high of year. I don't cheer lead like everyone on here I post relative and realistic opinions. I basically look at things at a glass half full, or empty however you want to put it. I'm neither positive, or negative on SBES I prefer to stay neutral.
Nothing will be signed until financials are complete and uploaded. We don't even know the RM candidate yet. It's everyone's guess that Rocky will be it but I want a PR to show this. Also look at ZMRK how they merged already yet when you speak to the people in Hastings about AeroPonLeaf they have no information on ZMRK or the merger being complete and when you look at ZMRK stock there is no link to APL or that merger is complete other then Xu putting out PR it was done. I would hope this RM is much smoother then the other or PPS won't have any northward effect.
I agree with you but if there are management in the area affected to sign the deal they won't be able to do so until they are given clearance to leave the country or for Xu to go to China to complete the deal. I still fully agree RM will be complete but as with other Xu tickers there were many delays and he was not very forthcoming with regular updates which everyone knows has been same with $SBES. My thought is that I see the deal happening in the coming months but will it be before summer selloff of stocks. Many don't hold through the summer and if that happens RM excitement may not be what it was in the Fall of last year and PPS won't see the same POP. I'm still here because I am in the green but If I had bought at a much higher price above a penny which everyone kept saying was cheap I would have sold and bought back lower by now. I will not risk losing money in the OTC.
With RockySaaS being in the lock down area, merger will most defiantly be delayed. My question which should be a concern to everyone here is what happens after tomorrow Friday, Jan 31, 2020 when filings don't drop and merger not complete as many pumped would be the day explosion happens for PPS because everything would be complete? An OTC stocks PPS is only as good as the momentum is, not usually the day to day workings of the company so my opinion and has always been my opinion is to not chase and slap the ask as many keep saying but rather wait for the further dip that will be coming and add which will help protect losses. I'm glad I bought well below a penny so I am not worried about being in the red as many are right now.
Yes was confirmed removed from OTC markets and according to OTC markets they are CO-CEO's so everything is good now.
This below appears to be the resolution to the control dispute.
Martin D Ustin Co-CEO
Meihua Xu Co-CEO
Vincent Prince CFO, Secretary
https://www.otcmarkets.com/stock/SBES/profile
OTC last updated in 2017 says 1 billion shares but the Nevada SOS which is more important and last updated in 2012 says 3 billion shares. No one can truely know though as the TA is gagged. This is specifically why I would only be buying shares sub penny now. SBES is reflecting overbought based on recent trading.
You are correct that a company will be merging here into $SBES but all you can do is assume Rocky will be the RM company. So far on Xu's other tickers everyone was wrong with what company they thought were coming so very likely will be something else here as well. Also financials do take time and understandable to not put out news when there isn't anything to say but to leave investors out to dry as far as a time frame for financials to be complete is horrific. At the end of the day it doesn't matter if a company merges here of all investors are gone. SBES is barely holding above a penny and for rightful reasons. What's telling is that SBES is overbought for what news has been released. I can say everyone should look forward to grabbing their shares sub penny. There will be a time to buy shares above a penny, its just not now.
Well I can tell you everyone pumping here don't like my posts. I hold shares in $SBES sub penny and in the other two tickers Xu owns $ZMRK and $HDII as well. My opinion is looking at other tickers noted above and how they have declined in PPS due to lack of updates from management even after ZMRK RM was complete and HDII control dispute still lingering on.
Everyone here says this RM will be complete by Jan 31 but with financials not even done or update on when they will it's likely will be much longer. My prediction is this will run fall 2020 or spring 2021 again. Don't take my word though as I could be wrong.
.0090 is correct close.
As you were saying???
Of course you bought now on the significant dip but you will still be pumping at .012 and much higher to keep buying so you can profit off other investors. This will run when it's ready and it's not ready so I will continue to hold and not pump.
That might be true they are a more established company but can't discount ZMRK funded by a billionaire. Also OTC stocks traded primarily see PPS change based on retail investors not company company revenues. So my point is ZMRK made no significant move towards dollar land and SBES if RM is completed same way will likely trade same way.
I'd like to know how you attribute Rocky to being the RM company. When Zalemark merged with AeroPonLeaf they signed a LOE and it was then posted on the AeroPonLeaf website for everyone to see. No where on RockySaas does it say this. All we know is they want to be listed on North American stock exchange. I wonder how long they will be willing to wait and merge. Will they allow for enough time for $SBES to complete financials. This is a concern for myself and many investors who have recently sold.
$SBES is overbought right now and it shows with the fact of the huge PPS drop. Luckly I bought sub penny so I'm still green but many aren't from being advised in on this page that .012, .014 and even the high of .0195 was a good PPS to buy in at. That was a huge mistake and many are seeing that. If you are long on $SBES then that will work out in the long term but anyone looking for quick gains which is majority of OTC investors will be sadly out of luck. Financials will bring some credibility back to SBES but ultimately we will need to see the RM candidate and hope it's brings in new investors but for $ZMRK Xu's other ticker so far hasn't made a difference in PPS so that brings a huge question mark how long it will take for PPS to ruse after merger is complete. My guess is either fall 2020 or spring 2021 for any chance of a run north.
I do believe the RM will be complete and financials will come just for $SBES just like $ZMRK was complete but not as quickly as everyone thinks and I won't speculate on the RM company as with other 2 Xu tickers everyone was wrong. Also look at PPS for ZMRK and you will see it's in the red even after RM complete so to say SBES will be anymore successful with Xu at the helm could very well play out like the other. I'm not being negative here and trying for cheaper shares as I want this to succeed and see green like everyone else I just have a realistic PPS in mind and it's not multi dollars like everyone keeps pumping here.
Everyone keeps pumping RockySaaS, however where has it ever been said by Xu that this is the RM company for $SBES. There has been no communication to this and everyone got Xu's other 2 ticker RM companies wrong in the beginning when they were predicting. All investors here including myself are first just interested in financials and SS since it's unclear as to the authorized shares if its 1 or 3 billion and TA is gagged, not to mention all Xu tickers are down this morning. If AS is higher then 1 billion that will change factors in what PPS might reach and we aren't talking dollars. Investors are losing confidence and anyone to deny this is clearly confused. All the trading on all his tickers are retails so we know its your average investor buying and selling not insiders or big whales, or groups as many claim. I'll be invested in all 3 of Xu's tickers for the long run and just make sure my posts are realistic and not pumping this is going to the moon by January 31 which by the way won't happen.
Your posts are just to get people to dump shares. They never have anything relevant in them. SEC won't get involved at all. I just have valid questions that need answered by Xu and this is coming from an investor in all 3 Xu stocks.
I understand but then answer my original question of why SOS hasn't been updated since 2012 which shows 3000000? I already indicated in my post how OTC is reflecting 2017 but SOS is more important then OTC Markets. OTC Markets is a private company for reporting so it's a big difference then Nevada SOS.
I think the main concern is on the Nevada SOS it shows differently. Sure it's last updated in 2012, however why isn't it updated to reflect what OTC Markets website reflects dated 08/09/2017. The OTC Markets mean nothing if Nevada SOS not updated and TA is gagged. All we want is answers for this and the TA ungagged so people can call freely and verify. Don't keep investors in the dark.
Entity Name:SOUTH BEACH SPIRITS, INC.Entity Number:E0418662012-0
Entity Type:Domestic Corporation (78)Entity Status:Active
Formation Date:08/10/2012NV Business ID:NV20121491473
Termination Date:
Perpetual
Annual Report Due Date:8/31/2020
REGISTERED AGENT INFORMATION
Name of Individual or Legal Entity:VCORP SERVICES, LLCStatus:Active
CRA Agent Entity Type:CRA - Limited-Liability CorporationRegistered Agent Type:Commercial Registered Agent
NV Business ID:Office or Position:
Jurisdiction:NEW YORK
Street Address:701 S. CARSON STREET, SUITE 200, Carson City, NV, 89701, USAEmail Address:raservice@vcorpservices.com
Mailing Address:
Individual with Authority to Act:Contact Phone Number:
Fictitious Website or Domain Name:
PRINCIPAL OFFICE ADDRESS
Address:Mailing Address:
OFFICER INFORMATION VIEW HISTORICAL DATA
Title Name Address Last Updated Status
President Martin Ustin 550 HWY 7 UNIT 316, ONTARIO, L4B324, CAN 11/05/2019 Active
President Meihua Xu 550 HWY 7 UNIT 316, ONTARIO, L4B324, CAN 11/05/2019 Active
Page 1 of 1, records 1 to 2 of 2
CURRENT SHARES
Class/Series Type Share Number Value
Authorized 3,000,000,000 0.001000000000
Authorized 500,000 0.001000000000
Authorized 1,000,000 0.001000000000
Page 1 of 1, records 1 to 3 of 3
Number of No Par Value Shares:0
Total Authorized Capital:3,001,500
Thank you everyone for the well thought out responses. It was what I was looking for and glad we can move forward soon enough now hopefully.
Maybe look again as it's there.
When I look at the link below it could go either way. I am hoping like you say it could be a formality to get Brimmer out but also when I read it seems just a way to be a non reporting company to SEC which could be court initiated to say Xu doesn't have control of the company.
If Xu really is required to relinquish himself from HDII this RW form would make sense to remove himself as owner of company on SEC as well from what I gather
I don't really understand this completely and maybe someone else can chime in with facts and not just going on pumping "how everyone is looking for cheap shares".
https://www.investopedia.com/terms/s/sec-rw-filing.asp
So you are saying Xu registration is pulled?
The 100 share buys are to prop up the PPS to make it look like it's going green. Happens on most OTC tickers. Always good to have level 2 to know what's happening so you can buy the dips. Never chase a stock which is what people are doing now. Look at how as soon as there is a buy there is a cell as well.
I can agree to a point but it's not a Chinese holiday in Canada so Xu could could release financials at minimum and so far hasn't done so. This is how my opinion is that no RM will be completed by Jan 31 as everyone predicts. Look at Xu's other tickers and how they had to submit corrected financials a few times. I would say probably will be same with SBES. So considering time frame we will see Xu complete another merger just not in the time frame being pumped here.
We won't know if that is the case yet for $SBES with the TA gagged but it's believed to be increasesd significantly since last update on otc markets. This is the reason why Xu stated that there wouldn't be an RS at this time leaving open the potential for future or most likely once RM is complete. I'm happy with my shares I own sub penny and am green so I'm good but I'm going to be realistic with my PPS prediction and no it's not $$$$ at least not in short term. Maybe in a year or two but not now with current share structure.
I sure did and just keeping the board balanced. Didn't you and many others try and pump that filings and RM coming soon and many keep saying financials will be coming each week and they haven't. It's great the volume picked up but I'm a realist in regards to Xu stocks and know he takes his time with anything he does. That's all I have to say so have a good weekend and watch next week will be the same thing as the past few months.
I honestly think action is in anticipation of all the pumping that financials are dropping next week and Rocky merger is being completed on January 31, nothing else. As an investor here in SBES I don't see either happening at all next week but again just my opinion.
This is only all retail investing. If anything else such as someone knowing news is coming it would then be considered insider trading but that's highly unlikely since none of us investors know when filings will drop or who the true RM candidate is since Xu hasn't announced it.
Your posts are so spot on. I'll be happy once this rises again but I won't be pumping next week or next month. I'll just continue to wait for an update fro Xu.
Not being negative here but there isn't hundreds of millions of shares being traded currently so for this to run you would need that amount of shares trading and to have that amount of shares trading you would need Xu to communicate more often with it's shareholders. Time will tell and if we don't hear from Xu before summer selloff nothing will happen until fall or early next year and we could see a further decline in PPS. This is coming from an investor in all 3 Xu tickers. I post realistic opinions not just pump all day. We want financials complete and RM candidate announced. Lets hope doesn't take as long as did for his other tickers which was very long let me just say. The quote many were posting last year was "The trend is your friend". Lets hope that statement isn't true for SBES or we will be waiting for months for any update.
Don't think anyone has and haven't heard much about what attorney Steven Mills is up to regarding the CD on the other ticker. Just seems Xu doesn't know how to keep investors informed. Not saying pumping out fluff news but by now needs to be a letter to shareholders on all his tickers what is going on.
In short term SBES will most likely trade like ZMRK is. Also not sure why so much pumping on that board as no financials or who the merging companyt is. I know everyone says Rocky is the company but Xu hasn't come out and publicly said anything so I take that with a grain of salt. Look at how everyone thought HDII was getting APL and it turned out to be ZMRK so could be very likely Rocky won't be associated with any of Xu current tickers. The main problem is no updates from Xu on any tickers, and Lisa hasn't put out a PR for ZMRK since promising regular communication. Until that happens we will trade where we are and all Xu tickers for that matter. This is also coming from a long investor.
Doesn't matter? If the AS is 3 billion then the OS is much higher as well but we won't know until TA is ungagged. Not being negative here but being realistic. I'm not one who types posts about how SBES is going to the moon by Friday or end of month. I know there will be an RM candidate coming in here and once Xu announces it and first financials complete then we can see PPS rise but until then it won't happen and with how SBES has traded recently is telling of this. GLTA holding long for the big reward.
So I'm understanding now this is the company that is merging into SBES, not Rocky anymore? If so does that mean HDII will get Rocky?