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That’s not the same as dilution. There aren’t any market makers out there driving the price down while selling shares off, so yeah like you asked why lie?
I’ll remind you that just 18 months ago the share structure was pretty much, the same and TGG I hit nearly$.03 cents and many of us made a tremendous amount of money. The stock is actually much stronger now than it was then. It’s going to happen again.
Great point! And no reason to think that there will be either. Not many times on the OTC you can be in a stock where you don’t have to worry about a reverse split or dilution while just waiting patiently for news to come out.
Your last question was an important one.
Why not just go find another shell to up list to NASDAQ with?
He is heavily invested in TGGI at this point. There is no way he is leaving the ticker behind. He has long-term plans, and it’s obvious. He feels confident in being able to take TGGI, all the way to NASDAQ.
If it was just another scam, you’re right, he could easily just go find another shell and pump and dump that long ago.
We have had this conversation endlessly. Yes, he tried to burn us all with a one for 1000 reverse split no disagreement for me there. That would’ve been a really awful thing to do to the shareholders and he seem to not care.
The thing is, I don’t care because the reverse split was denied byFINRA so I feel that we are in the unusual position of being protected from that kind of a thing happening because there’s no way that they’re going to ever approve a reverse split with the share structure the way it is. We are in the position of being able to buy in really cheap when we know that he has no choice, but to do a share reduction.
We know that he’s moving towards NASDAQ, and in order to do that at some point there will have to be a reverse split. No question about it. Again that puts us in the position of being able to make a whole lot of money, when he does that share a reduction in order to be able to apply for the reverse split. I don’t think that there will be anything about a reverse split for approximately a year or so though.
He’s been moving forward very quickly, and I think that we will be hearing about that share reduction, most likely the first quarter of next year.
Prior to that I expect major news regarding mergers before the end of the year. No I do not think it will be one to three as he promised and will most likely be just one with that probably being South Sea’s
I do think that we will get that 10Q and at least two other significant 8k’s before the end of the year.
Frankly, just one significant piece of news., and this thing really takes off.
Check out this Twitter post. It’s a recap of all the We chats going back approximately 2 years. It’s really insightful and should give everyone to have reason to buy into TGGI.
If you don’t know what ZuiXianGui is… it’s a major liquor company in China that was founded and is owned by Ren Chen.
This thread will bring you a timeline of WeChat articles posted by ZuiXianGui from 2019-2021🚀🚀($TGGI) Will be posting 2021-current later this week! 🚀🚀🚀🚀🚀🚀🚀🚀
— ryan castellano (@ryan_153_) November 2, 2023
10Q due by November 15. Also anticipating an 8k before then. We desperately need news and I think it’s going to be coming very soon. At the very least, we have that 10Q to look forward to.
I was just thinking the same thing. It seems to do the same swing every day from around 42 to 48. One piece of news and this thing goes. We just need volume.
I would say very happy. It does feel like the calm before the storm and I’m hoping that leads to us getting significant news very soon. We know there’s mergers in the works as well as revenues to report and hopefully some kind of word about the share structure.
So true. It’s getting boring. For a while there I was using it as a way to promote the benefits of TGGI but the responses are just lame and add nothing whatsoever to the discussion. I love the way you’ve been calling him out though.
Not the same as being the executive of 11 Chinese companies. No disagreement that there’s plenty of Chinese scams on the OTC, but starting a business in China is not nearly it is easy and there’s no way somebody gets away with being a scam while being the head executive of 11 companies in Communist China,. Not to mention his popularity would never allow for that. He is recognized everywhere there.
Is that really all you know about him? He is the founder of a very large wine company in China prior to taking over TGGI. Your DD is lacking and it shows. He is also a top executive of 11 companies in China. Communist China does not allow people to just start up a bunch of scams. He’s a very legitimate business man and the singing was nothing more than our version of dancing with the stars. He’s considered quite wealthy by Chinese standards, or frankly anyone’s standards, and has a huge following that love him. China can not buy until the stock reaches $.10 he has stated that his initial goal so that his people can buy in and once it does all of his followers will jump on.
Thanks for the DD.
You literally just made my point for me and I think it’s time for myself and everyone else to start ignoring all of your post. You’re not bringing anything of value to the board.
LOL. Such as? There’s not a bit of advice that comes from you. There’s just tearing everything down. So far, I don’t recollect anything of value coming from you so far.
But please educate us. What is it that you’ve been right about so far and what do you think is going to happen with this company going forward?
Your comments are starting to sound like nothing more than blah blah blah.
Did you even read his post? That’s not fluff. And it’s not even really news, but it is very suggestive of what might be coming regarding mergers and revenues.
He’s made it very clear that it’s a personal account and that it’s not for TGGI business. I do believe that they should have an account set up specifically for TGGI business, and that they should be answering questions through that but to his credit, he never let us on to believe that that’s what this account was about.
No, it’s you that refuses to understand how the OTC works or how business in China works.
He’s extremely wealthy with a huge following and currently heads up 11 other companies in addition to TGGI. If he didn’t have big plans for TGGI he could have put his efforts into any one of those other ones. People want to be in business with him.
I’m sure that’s what the 8K or press release will reveal. I’m not a fortuneteller, and at this moment as nothing more than speculation.
Hopefully merger news. Most likely with South seas. Or it could be one of the other many companies that Ren is a top executive or owner of. Just found out recently he is an executive of I believe it’s 11 different companies. He had promised 3 to 5 mergers by the end of the year and the easiest path to do that would be by working some of those in. That’s pure speculation on my part at this point though.
Great EOD for a Friday. Feels like something is coming next week.
Let’s just say next week. Most companies don’t put out news on Mondays and it would seem that TGGI likes to release news on Wednesdays. Maybe Thursdays. But I think there should be some news of some sort next week for sure.
Yeah, thanks for reminding us that FINRA denied the reverse split, which means we have nothing to worry about in that regard. We know that they’re going to have to do a major share reduction in order to even be able to apply for another reverse split. We are in a great position because of that. Just imagine what happens with the price when they announce a share reduction. But even without that it was just 18 months ago that my $4000 investment turned into $34,000 and it was the same share structure. We’re good.
Let’s get back on track with talking about TGGI and the huge opportunity here. The drama isn’t what we want new eyeballs to see that might be considering buying in.
I think you’re right that he is getting paid for replies, so perhaps we shouldn’t reply to his message directly and just create a new post. He’s definitely no one’s hero.
If he comes through on just the 3 to 5, that was promised by years end, TGG I will hit blue skies for sure. Even just one good merger will really set this off.
Price is up and the bid is building.
If you didn’t think it was about you, you wouldn’t have changed your screen name and still be here. As far as front loading, that’s nothing new in the OTC. You need to know how to play the game. Frankly, there’s not much that’s legitimate and OTC so when they’re pumping a stock can you jump on board and when they start dumping it get out and make some money and move onto the next one. if you want companies that have more legitimate business practices, then go to the NASDAQ
I could say the same about you. He literally just started putting messages up on Twitter about a month or so ago and since then there have been a few press releases, though I’m certainly not that excited about what they were but it’s a start and I’m expecting much more The press release regarding South seas certainly is a tease about a possible merger that we should hopefully hear about soon.
It’s obvious that his plan that was delayed by Covid for two of the last three years, is finally in motion and I think we will get an 8K or some kind of significant news soon.
The price is not collapsing. It’s the same swing that it’s been doing for days now. Somebody keep selling to drop it down to four for usually and then it pops back up to 4905 by the end of the day. I expected to do the same today as well. But we do need some news soon and not that fluffy message that he just put out.
So you’re back with the cult thing again, but with a different screen name. King of pennies hasn’t been posting for a while but here you are with the same diatribe as before.
I do agree that we should be able to ask questions of Ren on Twitter, and if he isn’t going to answer those questions, then there should be an official TGGI, Twitter account, where somebody will answer those questions.
Yes, the carrots are getting old but then again, I do believe we have very significant news coming anytime now. Should be receiving news regarding mergers, and hopefully at some point some kind of conversation regarding share reduction.
Agreed. We need an 8K or something substantial like merger news. I do think it’s coming soon. There’s no reason they would set up that office in Dubai, set up a Twitter account and start releasing news pieces without there being something more coming soon.
So someone sold 1 million shares into the bid and drop the price to 45 from 51. Great opportunity to buy in right now. That’s an easy swing trade. I’m thinking end of day will stay the same as it has right around five or 51 until we get more news hopefully this week.
On the OTC, short term is usually the best way to make money, and I completely agree that they have to change the share structure but that won’t be anytime soon and before then there will be the opportunity to make money on both the runs and the swings.
I don’t disagree with any of that. But frankly there wasn’t much they could do during that lockdown however, yeah he did try to burn us all with a one to 1000 reverse split and got denied by FINRA.
That’s a good thing for us stockholders now as they have no choice but to clean up the share structure somehow or another before they can even attempt another reverse split.
I’m thinking he will get the PPS much much higher than it is now before even attempting that so that when they go to NASDAQ, it won’t be by the skin of their teeth.
No, not really. It’s only been a year. China had a severe lockdown due to Covid for two years of the last three. They are right on track and seem to be moving at a quick speed finally. Keep in mind a Covid lockdown in China is much different than the United States and most other parts of the world. Pretty legitimate reason I would say. Then again I’m getting impatient myself and I’m looking forward to them getting things done before the years end. Still looking to hear about those 3 to 5 mergers that are supposed to happen.
Of course, they’re going to have to do a share reduction or reverse split of some kind or another prior to getting on NASDAQ but that’s a long ways from now.
They are going to have to clean up the share structure or FINRA will not approve a reverse split anyway which is a great place for us shareholders to be in. Imagine when that share reduction is announced what the PPS will do…that day will come eventually because it has to.
The history of TGGI would say yes, absolutely and you only have to look back approximately 18 months to see that to yourself.
As you well know, Covid shut down China completely for two of the last three years. A China Covid shut down is much different than what we experience here in the United States.