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.
All this is just my opinion. When you look at timeline with Xu's three tickers $ZMRK, $HDII, and $SBES the news was updated in this order with ZMRK RM complete and hopefully news will come for the expected run there and with HDII the CD dispute is what is holding this up from previous CEO Bremmer and no timeline when will be resolved other then the attorney Steven Mills is working on this. Only say HDII will be before SBES as financials aren't up to date yet and no RM candidate announced yet. Do your own DD. I'm invested in all three of his tickers so I'm not worried about timing and whichever runs first I may use some of those funds and add to the others
Just to confirm isn't this more towards $HDII. I posted Xu tweet that board. We need news on $SBES to see any increase. I honestly think $HDII will be completed first just based it getting RM announcement before SBES.
People need to stop posting information they can't back up. Xu's specific post for $SBES was "There will be no RS in the near future". So not likely before the merger but post merger new company may want to complete if looking to up list as someone posted here. I can see Xu will ensure great things to happen for all 3 of his tickers just like $ZMRK merger complete and will see gains in time with further updates and HDII once CD is resolved.
Nice Twitter post from Robert Xu.
Toronto, Jan 19,https://t.co/2zGs5SxNf1. Robert Xu , the president of Golden Panegyric Inc. Received the Outstanding Entrepreneur Award. Ontario Premier Minster Ford attended to congratulate.
The Year of the Rat will bring everyone good luck & good fortune!
Gong Xi Fa Chai! https://t.co/X5OSJn31ad
Toronto, Jan 19,https://t.co/2zGs5SxNf1. Robert Xu , the president of Golden Panegyric Inc. Received the Outstanding Entrepreneur Award. Ontario Premier Minster Ford attended to congratulate.
— Meihua Xu (@meihuaxu) January 20, 2020
The Year of the Rat will bring everyone good luck & good fortune!
Gong Xi Fa Chai! pic.twitter.com/X5OSJn31ad
He legally has nothing to stand on. He's just hanging on by a thread. Once they see what Xu has invested in here and that the company was legally transferred to Xu he will be out.
Go ahead. He won't get back unless comes up with money to pay Xu. Everything will have to be undone as if either never met and that won't happen as Bremen is a broke failure.
Just look at the volume it took it to move from .0087 to .0099. It was less then 400,000 shares. That is how low the float is and when CD is removed and RM can be complete it's anyone's guess how high this will go.
That's IHUB for you. All 3 Xu tickers are taking a beating today but yet everyone is saying buy and hold for $$$$. I'm still holding my shares in his companies but one may even be able to potentially sell to avoid being in the red or even to buy back lower for more shares. Will be interesting to watch in the next few months.
It's possible we will probably see lower then current PPS but to say trips is ludicrous. There is way to many investors holding for the RM. What needs to happen is Xu needs to update shareholders with regular timely updates. Without that PPS will continue to fluctuate greatly.
Just reading on the SBES board here and you have investors indicating "they are just trying to break even so buying on the dips to do so.". This was my point yesterday how SBES will climb but confidence in Xu is low at moment because of lack updates on a regular basis. This has been transparent in all his 3 tickers starting with ZMRK then HDII and now SBES. I feel in long term SBES will be successful and RM will come to fruition like did for ZMRK and HDII next but with lack of updates even after filings and RM will it be enough for PPS to continue north. For ZMRK it hasn't and it's not about how big the merger will be because at moment ZMRK is completely undervalued. SBES on the other hand with SS you could say it's undervalued based on future potential of the RM but also overvalued based on SS and no filings as of yet. Ones perception of value is their own opinion. I'd be very frustrated if I chased and bought at the high of .0195 right now but myself personally I would also know that this is the OTC and most trade on news being released and primarily emotion so when they start seeing red many sell.
That is true but still credibility has been lost in those tickers due to lack on news and so far Xu hasn't updated shareholder much here either other then saying financials will be coming but will take time so that makes me believe will be a while before we see them or an update.
Actually credibility for Xu is lost on both his other tickers That's the reason why the PPS has declined significantly. I realize anyone who got in at the bottom and sold at .06 made out like a bandit but that wasn't the intended PPS as everyone expected this to be over $1 and still do. More than 90% of investors investing in the OTC don't look at what the merging company is that is coming in and how big they will be they look at the PPS increasing and once volume slows down everyone sells. I'm invested in Xu tickers and plan to be for long term but I am realistic with my predictions and the time frame it will take to get there.
So when everyone else was saying ZMRK including HDII would reach $1 especially with much lower SS .06 is just a drop in the water. That wasn't the run everyone was expecting. If you compare SS, SBES run from trips to .0195 is no different then ZMRK so in essence SBES run should be done now. All this is considering SS and all the posts on Twitter and IHUB. I'm not saying now is a good time to buy or not just many have the same expectations as Xu other tickers and they haven't even come close to the PPS everyone was claiming.
It doesn't matter how big the deal is. Look at ZMRK where their merger is complete. So far the promise of frequent updates hasn't come since RM was finished. Now we see lack of investor confidence there and including HDII. No update on CD so both are trading at all time lows. the main thing I'm getting at here is everyone comes with those deals as being the best in the OTC and the PPS sure isn't reflecting that. Now with SBES merger will happen but how long will it take to complete financials and to announce the merging company. I don't see Xu changing on a dime and start releasing financials and news more frequently then his other tickers so I expect it will take months for to slowly see material events completed. I want SBES to succeed like everyone else and hopefully it does in lease time then I see but my opinions above can't be discounted.
I'm not denying that but when you have Xu other 2 tickers that went from trips to .04 and .06 and now trading just over a penny with a much better SS why isn't anyone holding there. It's because everyone was expecting events to unfold much sooner then Xu completed them. Now we just hold waiting for them to run upon further news which has been quite on both of them. Now when you compare SBES with a much higher SS and consider Xu's past management of financials, and news, it wouldn't surprise me to see the same pattern of trading like his other 2 tickers.
You are relaying my points exactly. I never said this isn't going to run. I've just said it will take time and people need to be realistic with this and not to expect $1 or more by end of January as many are posting.
I am not against SBES or any Xu plays but to say this is DCGD 2.0 would be absurd. Look at the SS here. It's way to high for a penny stick to hit dollars. Maybe after merger and if merging company retires shares that could be realistic. We know Xu said no RS at this time planned but could also use that to increase PPS. We don't know anything yet. All we can do just like ZMRK and HDII is wait. So many thought HDII would be APL and it wasn't so lets just all sit back and wait for filings and news and be realistic with PPS here. This is all I'm saying on this.
Banktank left when SBES hit high of .0195 and the hundreds of million of shares stopped being traded but you can correct me if I'm wrong but that's what I heard. Surprisingly this is still holding in .008 range and if Xu can start releasing financials and RM details sooner rather then later this could see a couple of pennies again with current SS.
We don't even know what company is merging into SBES and you've got everyone saying that this will be completed by end of January because the supposed merging company is looking to complete by then. What you need to look at is this is Xu and if you look at his other 2 tickers ZMRK which merger is already complete and HDII which waiting for CD to be complete the PPS is still at all time lows and financials took more then half a year to complete since they didn't have the support from previous management. It's also been indicated here financials are being worked on but are time consuming. Could be that both these companies won't be waiting for Xu. I think there will be good times ahead for SBES but everyone is getting ahead of themselves. This will be a long term investment to see growth just like Xu's other tickers. What we can hopefully hope for is that financials are complete before investors selloff for the summer.
You are someone who gets it. Not saying in time SBES won't rise again to newer highs but it will take time and also with SS won't see anything close to XU's other tickers HDII and ZMRK with their much smaller SS. I'd be very surprised to see SBES filings by end of January especially if you look at the timeline for Xu's other tickers HDII and ZMRK. It will likely take a couple of months then they will announce who is merging into this ticker. Everyone just needs to be patient and wait filings and news to be posted rather then going on how this is going to rise every week. There is still many trading days before summer selloff so lets hope Xu does completes this all before then.
I do agree Xu and all his 3 tickers are real. I would just say everyone needs to be patient with SBES and hold for the reward. If we look at how other 2 tickers ZMRK and HDII have come along it took time for financials for both and merger for ZMRK to be complete. It seems Xu takes time to put out PR's and not saying that is a negative thing but it's what has been keeping PPS for all 3 down. Everyone here doesn't need to pump that news, filings, or RM is coming this month. I could also be wrong but I don't see financials coming by end of January and basing this off of how long other tickers took to complete. All will happen when it does and PPS will organically increase when investor confidence comes back or the next group to start investing again. GLTA!!!
I don't see dilution for SBES but I can see that this could be panic selling due to the lack of volume and the decline in PPS now. The group that brought hundreds of millions has left and everyone knows it so moving on to chasing the next ticker as majority of investors do.
For everyone posting how this is going to the moon and for all those saying this will hit no bid have no idea. If you think logically, and look at Xu's other tickers, ZMRK and HDII, they were both trading at highs of 6 and 4 cents last year and now are trading between 1 to 1 and a half cents primarily because SS is much smaller and will most likely stay above while waiting for news. Now my point is the decline in PPS for SBES is normal while there is silence from Xu regarding financials and who will be the merging company. SS for SBES is over a billion and TA gagged so we don't even know what the actual SS is so if we were to see a trend like Xu's other tickers a decline in PPS is normal and any longs shouldn't be worried about holding. All anyone needs to consider is what they feel PPS is worth entering at. If someone right now feels buying SBES over a penny go for it and for anyone waiting for lower just wait and hope PPS continues to decline.
I hope this is true but there is no proof to this twitter post and so many investors over past year have been wrong with timing. I'm in for long on $HDII and $ZMRK so I'm not worried but I take all this with a grain of salt when I see anything posted like this. GLTA!!!
From personal experience in Xu's other two stocks. It's likely $SBES won't see a pop until the RM candidate confirmed and merger completed. If you look at $HDII and $ZMRK they are trading at all time lows above a penny. Reason for them is because merger completed for $ZMRK and $HDII candidate confirmed and merger will be complete when CD is done. With $SBES we don't have a conformation of merging company from Xu, financials need to be current, and share structure is ridiculously high as compared to other tickers with TA gagged so no idea of true SS. In my opinion I would only buy this on dips sub penny and then hold which will mitigate any risk. GLTA!
$50 and $60 is insanely crazy. .50 to $1 is just as crazy with current SS. The only way this would even run to your predictions is if there was a RS or share buy back from Xu which is unlikely he will do the latter.
Xu has already indicated there will be no RS at this point leaving it open for a RS later to get SS attractive enough for a RM. Not being negative just being realistic and this is coming from a shareholder holding Xu's two other tickers.
Know what's hilarious as you trying to insinuate that there will be news at the end of the year yet you go on and on about people saying they're going to be news and how they don't know maybe they will be or not. Your post is no different than theirs just you're trying to spend it on the positive side when you don't even know that there will be news.
It's my thing for Xu would be to wait until after Christmas and the new year to release news. most people stop trading for holidays and come back in the new year so any news release now have as great an effect to the PPS as it would in the new year.
Based on the Twitter post from Xu it's unlikely financials will be out till next year and honestly it would be much better if they were posted next year there would be more traction for SBES.
.I suspect financial drover released similarly to how he did for the other two tickers.
South Beach Spirits Inc. (OTC: SBES ) Is Working On Filings
Toronto, December 11, 2019,To all SBES shareholders
Mr. Robert Xu, the Co-CEO of South Beach Spirits Inc., said “Our team is working on SBES ‘s filings. However this process is time consuming. Thank you!"
He isn't wrong, nor are you but we can see people on the ask waiting to sell which shows market has spoken as to SBES current value until financials are released and more info in RMing company. Signs are currently reflecting similiar to other Xu tickers HDII, and ZMRK. I could have sold both others for over .06 and .04 but held for long term gains as risk of having to buy higher. That could be the case here but time will tell. Everyone just needs to remember of the 3 tickers SBES has the highest SS of all so being realistic with PPS is important. Other 2 ticker will see dollars when they are ready but SBES needs a huge share reduction to see same. It takes so much more volume here to see SBES move as compared to any stock with a much smaller SS.
I'm not here to argue but you would need a much lower SS to see this to hit $$$. Time will tell how Xu plans on reducing SS or new company but for now it appears investors feel $SBES at it's current stage isn't worthy of the PPS it's at and the reason there has been a decline. Actually SBES is playing out like Xu's other tickers where they have settled down at their current PPS. just below and above .02. SBES will settle as well just will be lower at moment with substantially higher SS. If you are here long then you don't need to worry or post everyday. Just let it ride and you will be fine. That is what I am doing with Xu's other two tickers.
I was saying that buying at these high PPS levels should only be bought to cash in when have profits. Never chase as you will be in the red as many are today. SBES
No one should listen to people pumping here. SBES will rise once Financials confirmed and R/Ming company confirmed but the rise will be from a lower PPS. SS needs to be much lower for a sustained run.
It very well could but SS is very high there as compared to ZMRK and HDII. All that's happening over there is retail investors are chasing the green PPS and that's only good now if you are planning to flip. I predict in new year SBES money will come back to ZMRK and HDII. Only time will tell but filings need to be complete there and merger needs to be publically announced which neither have yet. So my advice would be enjoy the MOMO over there and remember to take profits before settles down as Xu other tickers have at moment.
That's a smart move and bring your money back to HDII where share structure is very nice. At least we can see Xu is working on this with latest filing. As for ZMRK I don't believe it's done. Just value of APL merging is worth more then current PPS is at They aren't a hole in the wall company. I still believe big things to come for HDII and ZMRK. All we do is wait now and see what happens in the new year.
Actually it was indicated no RS at this time which means to me not in the near future just to clear that up so it's likely if one happened it wouldn't be until after the merger when ticker is more established so let the MOMO continue. You've got everyday investors chasing which is what is bringing this up. At some point it will settle down just like ZMRK and HDII have done untill further news starts rolling in with updates to RM. I wish I had got in before like many but I won't chase a stock flying high. Going to leave the rest of my opinions out and congratulate everyone o an awesome run and hope everyone can make some money.
That's the sad part and even the recent filing with Minnesota SOS still nothing. Out of all three u tickers I thought at least ZMRK run then HDII. and then SBES but clearly I got it all wrong. We can hope once the SBES MOMO is done as it will be since it's just everyday investors chasing and SS is very high there that some money will come back to HDII or ZMRK in the new year.
You seem to know so much about ZMRK and the APL deal that you shouldn't be surprised with how this trading is unless all your supposed connections were total BS?
No $XMRK doesn't but as we all know it makes everything much more official and according to Rise and Shine they plan to take action on this with proper filings as events unfold so we can only hope this happens sooner rather then later. I for one am looking forward to that.
$SBES will be exactly like $HDII and $ZMRK. It's already looking like it exactly just with larger SS so will probably trade where it is until fillings are out and merging company confirmed. Once that happens sky is the limit as to how many pennies this will reach. Will payoff for longs looking to accumulate shares. Just but on the dips and you will be good long-term.
If $SBES hits .10 I'll be here congratulating everyone. I wish I hadn't tied all my funds in $ZMRK and $HDII. I never expected a run this big with so many questions still and the SS very high compared to Xu's other stocks but guess it just a wait and see if confidence holds and people continue to slap the ask. GLTA!!!