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Fully diluted... Lol. Fortunately, the market does not go by the fully diluted logic when investing in a company.
One should NOT use the "fully diluted" logic of one does not have proof that the share structure WILL be fully diluted. There is no such proof.
Also, there is something called the p/e ratio. A ratio of 1:1 is almost unheard of for a promising and growing company, which this is as per some serious DD that has been done.
Besides, we don't know how many billions is the market cap going to be here. It all depends on what is rolled in. So, this weak logic of "fully diluted" has NO meaning as long as the share structure is not fully diluted. It's not even close.
Cheers.
$100 pps is coming. I don't care if he owns 99%. You will still make money....
%age means diddly squat if the pie is large enough. Know what I mean?
An by the way no sensible company will out news with a D stuck to their ticker symbol.... Let the D come off... And then release the krackern.
GLTU collecting cheap shares.
I'm not involved in that one but sounds like the price dropped NOT because of dilution post spilt (as done would have thought). But because of impatient sheep selling out before even seeing what the next step is going to be. I suspect that is exactly what the company wanted.
Anyways, I'm interested in JBZY.
Again I was not trying to insult... Just trying to help.
By the way, IF the TA was gagged, we would not be getting updated OS structure beginning of every month. Granted there has been minor dilution that can be fully accounted by the shares given to Anying Huang and Fidler, as per the fillings.
Again, the UPDATED OS as of March 1st, 2018 was around 846mil pre-split (in case you have not been paying attention to detail). That's out of 2bil AS. Since the time Wang dequn took over the shell the OS has increased less than 150mil. And most of those, again, can be accounted for with the shares given to the above mentioned persons and to eliminate debt the shell owed. If you call that dilution, then you haven't been around OTC at all.
As a side note: Wang dequn and his company does NOT need capital from penny stock traders like yourself and me. We CANNOT provide that to him even if he maxed out the share structure. The kind of capital he needs will eventually come from investment banks and other big time investors. Also a reason to move to a major exchange
You have a good weekend as well!
Looks like some people need some BASIC education. I'll give it.
JBZY is non-reporting at the moment. So they are NOT required to file an 8-k. When they do become sec reporting then that will become a requirement.
Secondly, when an entity reverse merges into a shell company, it is in that entity's best interest to stay quiet UNTIL it is ready to disclose all information when the ultimate goal is to uplist to a major exchange. There is absolutely NO reason to divulge valuable/substantial information to the "shell shareholders" (who in this case are almost all penny stock traders) and let them benefit from that ensuing share price action. That is also ONE of the reasons such an entity will do a reverse split to largely get rid of such traders and essentially "clean up" the shell before presenting it to potential investors such as investment banks etc.
I have not seen 1 penny scam where they did a reverse split LONG before the share structure was maxed out! And that too a 1:100.
Anyways, there is a lot more to it but these are some of the minor points. If you would like a bigger lesson in figuring out what the company behind this shell is upto, I suggest you do some serious research and I can help you with that.
Cheers.
Yeah sure! Bring it on! Can you imagine what a buying opportunity that would be? When the AUDITED fins come you can bet your (you know what) that this is going to move faster than you can refresh your screen.
They are coming.... Between end of March and mid April. You will get AUDITED financials.
Exactly!
So tell me which part of the listing requirements do you think jbzy could not possibly meet? As far as I can see, jbzy is Nasdaq bound sir.
So you haven't got any shares yet? If you haven't, I suggest you buy Monday. It will be too late to get in this cheap once filings come out. That's my opinion. Up to you bud.
Link please?
Yup it could be a simple coincidence that an EV related Chinese company (Jinbo-ZJMY) has a potential rivals product right outside their store.
Pretty sure there is NO similarity between your coffee shop and Tesla. They are like apples and oranges. In fact apples and oranges are still fruits, so that's still too similar in your case.
In any case, I am happy to think that it's a coincidence until I'm proven wrong!
Lol yes it's real
I have no idea but they are there!! This is gonna get pretty nutty soon.
Maybe we have some kind of a partnership with Tesla??
Holly CHIT! AM I SEEING TESLA SUPERCHARGERS RIGHT UNDER THE JINBO SIGN??????
Massive!!!
You guys got your popcorn?
Lol...
Do you at least agree it will see the $15 high at some point then... LMAO
Then you better check back in 6 months. Maybe at that point this will be where you wouldn't mind collecting shares to flip. Right now you are just wasting your breath unless you WANT shares in dollars! Trust me, more than half the float is LOCKED. You ain't gettin chit!
Move on.
Great post sir!
No.
They do not have to show up at all until made public. Please do not try to provide misleading information.
OTC is irrelevant now.... This is going to a major exchange. Ever heard of a pink company that did a reverse split way before it maxed out it's share structure? And that too only a 1:100??? No this is to obvious for anybody with some investment sense.
Don't even get me started on the DD.
See you on the other side!
Stealth filing.
Should check out the new rules for EGCs under the jobs act.
They will throw out sec registration and audited fins together.
GLTU
I'm stoked! Pretty excited here...not gonna lie
Nope it is what FINRA says now. I'm so excited. This is really good!!!
It is go time sir!
Finally!!!! Let's go JBZY!
He is doing a meaningful play on the acronym R/S. He is saying REVENUES SHARING... not reverse split.
Me feeling is that the reverse spilt won't need to take place at the ratio proposed initially in the amendment. We will see if we can get close to the NASDAQ requirement without the spilt... And then after the dust settles there may be a small split to take care of NASDAQ requirement for the share price.
Cheers.
Good info. I was just looking at that. Good luck to your buddy. A dark horse here for sure!
That's what I thought would happen! Thanks for the update! Keep us posted. OTC is irrelevant at this stage imo.
Alternatively, if you guys go to this website you should be able to view almost all of official Jinbo group's videos!
http://m.jrlzgj.com/index.jsp
Just to let you guys know in case the video superbingo posted is not working for you... You need to have the yoku plug in for it to work
Look at that building in that article! It's probably worth more than our market cap right now...jeez
Oh my Lord! This is getting real! A Jinbo tower in Malaysia???
You found anything about that logo thing?
Ok thanks
What is the CAMS logo? Can you please elaborate?