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You raised an interesting point Mr. Yan a very successful business man in mainland China was unable to find a lawyer in the United States who speaks mandarin to assist with this arrangement. Highly unlikely, They would have had a fully vetted person assisting them along the way and legal counsel would have been used. Not sure what will happen here, but there are more questions then answers.
Additionally someone mentioned a 1.5 billion dilution a week or so ago.
Your correct if not pink current and up to date the OTC landscape will change.
The question I want to know is if had known this all this time why would he continue to post or engage NOHO at an level. He could have come out in the beginning of the year and cleared everything up. Am not sure if Understands that the SEC and Finra will want answers to that question. Additionally he said he purchased NOHO but is not in control of it, So who is? The OTC and SEC would have the documents needed that show he is the rightful party that controls this. The other Chinese play am in also ran into similar problems but ended up having everything sorted out in time. The did not pay and walk away from it. I do like the blockchain idea and am very interested in that so I would like to see where this goes or what his next move will be.
If he plans on listing anew it may be difficult for him, especially with what has taken place with this particular entity. What is interesting still that the OTC has documentation that an agreement was entered into and though it may not have been executed. Neither party made an effort to contact the OTC or SEC to inform them so this could be updated in the profile At beat the MMS may continue to pump this they already do with other stocks that are deader then this one. MMS will work this if they feel they can and most definitely will be out before September.
? Is will anyone want to flip this. It will e harder to pump this, yet am sure some will try.
Interesting that Swin is still posting about NOHO yet he states he sold. Very interesting.
That’s a good question?
It will be here until mid September, any OTC not up to date and non pink current will be booted. The question is if he paid them for shell and has proof there should be an opportunity there to recover.
Agreed MMS will continue to flip this for a little while longer.
There are a lot of other plays running right now and this isn’t one of them. With the OTC it’s make it where ever you can.
This past Tuesday a ton of articles came out regarding Chinas crackdown Alibaba, Altman and other tech companies. He might just be walking softly to avoid ruffling any feathers and draw unwanted attention.
Yep I harassed him. Lol nice guy with people randomly calling all the time. Email is no good either.
The old number the OTC has for him is no longer his.
The OTC short report always has it updated daily. They will let see about a months worth of reports.
You have to go to the OTC short report, it comes out daily and is updated next day I believe.
No one has proved that MG is still in the mix. Also 900 mill is a drop in the bucket for the number of shares outstanding.
Dilution is not always a Bad Thing. If this is the case perhaps additional assets have been purchased or acquired, and the needed Capital for purchasers. We just need to see how it was handled.
It’s on the SEC website. Not sure when it came out October or November, but it did come out and there are some companies scrambling to get current and information up to date. Which means the OTC will not be able to handle the influx of information so processing information will take longer. We should all mark that date it’s very important I don’t think they will extend.
A few plays am in right now have people taking screenshots of L2 manipulation from MMS and sending them in to the Sec and Finra.
Yep, they passed that last year and that’s the deadline. Everyone should be aware of that.
Thanks for the update. Very odd and can cause a great deal of confusion. I wonder if the change occurs when the OTC makes the recommendation or some other entity. One thing is for sure something is going on could be nothing or something, name flip flopping and Twitter changes.
Can you post it, thanks because the OTC doesn’t show the (PN). Interesting the profile name still reads Dragon Life Science, but the stock name now reads Novation. Hmm not sure what to make of that.
Can you post it, thanks because the OTC doesn’t show the (PN).
The OTC currently has the stop sign up, not pink or pink current. Is it possible come tomorrow the stop sign is down? The OTC is not showing any news updates.
I sent a message to TDA, asking for clarification regarding the (PA).
I did see that it could be, what I also found is that it could mean that the shares are about to be purchased. Could it mean that a merger has or will take place. It’s going to get interesting here that’s for sure.
I keep looking an believe it’s for a share purchase agreement.
found that it keeps referring me to the symbols the Nasdaq uses there is no number after which may signify country of origin. But I have to keep digging.
Am interested in the (PN) aspect of it, before the name change from Novation to Dragon. I recall that Novation did not have a (PN) after it the before the change.
Ur right logged in again and it’s been charged back. Not sure what’s going on
TDA still has it listed as Dragon Life Science Holdings Group Inc.
I wonder if you got the wrong person?
Hmm guess that’s why my order filled.
Yea order went through.
Been waiting for my order to fill at current price and it’s not being filled. I guess that’s a good sign maybe?
+ or - because am not getting filled at the current.
Interesting I have had an order in for sometime and it’s not being filled. That’s at the current price.
Great job Bost, I wonder how much he will be able to say and in what capacity since he’s a government official.
Great article Capt. It will be interesting to see what comes from all this.