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That's why sharing different opinions is valuable and their opinions are just as valid as mine. I would simply point out that the company is highly unlikely to wait until after they've started awarding stock as dividends to do the RS. They'll do that crap to us, but not to their users and merchants.
I don't think they're out to demolish anybody. We'll be compensated for our "lost" shares penny for penny with a commensurate increase in pps. I'm just saying we shouldn't expect to ride this from pennies to paper without a RS.
I shouldn't have said "dummy." Even if it fits, there's too much of that crap around here and I shouldn't contribute to it. As for the post-RS shares, I think we're actually in agreement that they won't do anything to hurt their business or new shareholders. I've already said as much in a previous post. So I'd expect their release of shares to be measured and intentional, like everything else they're doing.
Yes. It's been posted here a few times and I've seen it on Silver Flume. I don't have the posts readily available or I'd cite them. Sorry but you may have to dig a little.
I did answer your question, to the best of anybody's ability at least. I said that I believe, but can't prove, that the MMs who have been controlling the pps (ASCM and VIRT, among others) are either connected to JFH or working on their behalf.
They have to eventually. The timing was out of order and highly suspect.
Anybody watching L2 over the last three months knows that it's being heavily manipulated and every run gets crushed and held back. At first, many on here, including me, thought it was the usual suspects of MMs filling shorts. Lately, however, JFH has put out videos declaring their business model and desire to enrich the Chinese middle class (which is in lock-step with the CCP party line, btw). Then that absurd filing with the NVSOS in which they announced their intention to do the RS ASAP and issue 2B new shares. What the hell does that have to do with the NVSOS when they're not even current? Why would they do that if not to kill the rally right when we had risen on the breakout board, doubled the pps and gotten lots of new eyes and money? That's not covering shorts; that's a company wanting to keep the price of its stock in a particular range because they've monetized it in a novel way and they want to control what it's worth. Think about it, we've all talked on here ad nauseum about how they're going to use the stock as dividends for their users and merchants to suck business away from Temu and other e-commerce platforms. It's their whole schtick. So of course they're going to want to exert as much control over the value of that stock as they possibly can. How? Well, for now they put big money on both the bid and the ask and keep the pps in a certain range. Who do you think ASCM and VIRT are? I don't know and I wish I did. I'm starting to suspect, though, that they're not the usual MMs accumulating to cover shorts. I think they're working for JFH. No proof, just a hunch, but it explains a lot of what we're seeing and is consistent with the DD that we have.
They will RS the pps up BEFORE they issue to their countrymen, dummy. That's what they've said they will do and it's completely in keeping with their business model of using the stock as dividends. Why do you think they're killing our runs every single time this thing gets legs? JFH is doing it themselves bc they don't want this stock taking off before they've had a chance to do the RS and disperse the shares they've purchased to their people (plus the new shares they have also said they will issue). It's not iHub or BlackRock controlling this thing. It's JFH themselves. At least that's the most obvious conclusion when you put together all of the DD we have, including their videos and the filings with the NVSOS.
I'm not advocating their nationalism, but anyone who doesn't know that's how they think is living in pure ignorance.
In Conclusion , THERE WILL BE NO R/S
Anyone have verifiable DD about IGPK for IBOX
now I'm cashed out and moving on
Not fantasy but facts .
Nope didn't think so .
It's pretty nonsensical to think anyone who's still here is going to get pulled off our shares at this point. Anyone who's still bashing is just filling the echo chamber.
Well, glad my question didn't distract from the otherwise useful and constructive conversating going on in here. I'll read through 15,000 posts and find it later tonight.
As you were...
Can y'all refresh my memory on how we know Eric Newlan is repping this RM?
Wow lots of skipped messages in my queue this morning. I guess the dipshit brigade is out pretending they're important. Man, what a life... spending all your time in front of a computer posting messages that nobody reads just to fill a void in yourself that never gets filled. Talk about pathetic.
We should be able to trade Thursday on the JFH news. I'm pretty sure China is half a day ahead of us, so their party will be overnight Wednesday for us.
We should endeavor to never have "Soros" and "naked" in the same sentence.
Hey I'm with you. I'm still real positive about our position here. I'm just trying to bring all of the information we have together and paint a realistic picture of what we can expect. They said what they're going to do in the filing with NVSOS and it's consistent with their videos, their subservience to the CCP, and their business model. There's a balance to be found between their dedication to new shareholders, not us, and the fact that they will want the stock to be an adequate carrot to promote their platform. It's in that balance that we should make our decisions. That's all I'm saying.
Yes, middle class people in China. All 70 million of them who are already using the JFH app. We can profit alongside them, to be sure, but let's not fool ourselves into thinking this company cares about the U.S. consumer. Not yet, anyway. Maybe they will once they expand here, but points for stock gimmick isn't likely to be part of that expansion.
Watching that, can anyone still think they're not going to RS our shares and then immediately issue new ones to their customers? When they talk about building wealth, they're not talking about you or me; they're talking about "their" people. Chinese only think about Chinese. And they're far more dedicated to it than we 'mericans are. That said, we're probably still in good shape here, at least for awhile.
You're right about everything except the possibility of JFH going to the Nasdaq. Please see below:
https://www.irmagazine.com/regulation/delisting-us-chinese-firms-prove-popular-over-counter
That was posted here about 2 months and 20,000 messages ago. Credit to whoever shared it first.
There's zero chance this company is going to the Nasdaq. They're tight with the CCP and the CCP is forcing Chinese companies OFF of the Nasdaq and over to the OTC. The RS, if and when it happens, is not so they can get the pps up to Nasdaq standards; it's to get shares out of our hands and into Chinese hands (their users and merchants via the points rebates). That's why they're going to accompany the RS with an issuance of new shares. I've said this before: JFH is run by Chinese nationalists. All of their videos are rife with it, as will be the listing party on Thursday. That does NOT mean the stock is worthless. It means you should try to imagine how much they want the rebate shares to be worth when they issue them, that will tell you what the RS will look like both in timing and splits. There are several tweets and posts on this board discussing how JFH issues its points, i.e. registering new users, consuming, watching ads, etc. We simply don't know how many points they will require before they exchange them for a share of stock. What we can reasonably guess, however, is they won't want those shares to be worth fractions of a penny. That wouldn't be much of a carrot to dangle in front of their users. Will they want 10 yuan? 100? What would that correlate to before or after the split? What will happen to the value of their/our shares after the split? Usually it goes down. But will it here if the company is continuing to expand? All guesses are valid at this point. Personally, I think this is worth playing to at least $1.40 USD. That would be 10 Chinese yuan. Maybe that would mean something to them.
I think Ol' Abe Lincoln is due for a throat punch today.
We all know the things we're waiting for (OTCIQ, FINRA, attorney letter, PR, whatever happens at the party next week, etc). Until then, we're left guessing and reading tea leaves. I suggest we try to focus on information that's somewhat tangible and, if not reliable, may be used to inform our guesswork.
First, the RM seems pretty much certain at this point. We don't know how JFH plans to use the new company, but given their business model and everything they've said publicly in China about expanding and creating wealth, it seems likely they'll move most or all of their business into IGPK. It would be counterproductive not to.
We know we got our butts shaved raw on Tuesday, but the bounce had been solid and, perhaps more importantly, powered by volume that's double what we saw during the week-long run that brought the pps to just shy of .02. That's very encouraging. There's still big money flowing here.
We know the RS paperwork was real. However, we also know that filing it with the NVSOS doesn't mean it's actually going to happen. Filing it with the SOS at this point in time, before any of the catalysts mentioned above have happened, is highly irregular. Why would they do that? Are they purposefully trying to eradicate current investors?
Which leads me to the last thing that we know for certain: JFH is run by Chinese nationalists. Everything they put out on social media blares that fact. Maybe that's for show to stay in the good graces of the CCP, but we have to assume that the loyalty of this company's leadership is NOT to U.S. investors. It is to Chinese investors. When they talk (and talk and talk) about creating wealth, they are not talking about American wealth. Or Australian. Or Polish. They are talking ONLY about Chinese wealth. That's how Chinese people think. That's not necessarily wrong but, all value judgments aside, it's absolutely true. Now, can we profit along with them? Yes. But when you're trying to get inside their heads to divine what they're going to do, always ALWAYS remember that they care less about you than even the Whale does.
Obligatory IMO yada yada.
Dude, we can't even follow your typing and typos anymore. Time to leave your mom's basement and go get some sun and fresh air. Maybe you've poked enough people in the eye for one day. Go save a kitten from a tree or a puppy from a storm drain, you need to replenish your karma after spending so much of your time celebrating other people's loss. At some point, you'll have to answer for being such a POS.
"The filing is with the NVSOS."
Which means exactly dick. They're not bound by it in the slightest.
Sorry if someone else has posted a similar sentiment, but I can't keep up with all of the posts and also live my life. But...
Haven't we seen the MMs pull off the good ol' flush and scoop every single week for the last two months? And here they are again, scooping up every last cheapie they can get their hell-bound mitts on? Yes, yesterday was WAY bigger by orders of magnitude because of the recent run-up, the new eyes and money in the game, the illegal tweet about a fictional RS, and the panic sell-off that attended the flush. But we've seen this. Repeatedly. They cleared out the stop-loss orders like they have every week for two months. We're at 100 million volume this morning. Who's buying all the shares if this is really such a turd of a stock? The RM still appears to be real; the RS does not. The company is still in a quiet period awaiting OTCIQ. Nothing official has been released. Nothing has changed.
They say there's no such thing as easy money. Well, sometimes it takes brass balls to play this game. This is when we earn the pay out. Hold. Hold firm. And we'll see you on the other side.
You don't have a novel point, you aren't clever, and you aren't convincing anybody of anything. Could you have found Temu's website at this stage of their expansion, dipshit? No. JFH is an app and it's in China. It's not in our app stores yet, but it soon will be. ALL of this information is in the previous 57,000 posts on this board. Go read them. Or don't and move along. Either way, pop Mark Ruffalo's pickle back in your mouth, "Bruce," and shut the hell up.
Mmmmm... stop loss... gobble gobble. Thanks for the shares right before the boom, dummy.
-Signed: MMs
He's like watching my dog chase squirrels: usually I just shake my head but every once in awhile he catches one.
All of this is in the previous 56 thousand messages on this board. Take the time to read them before you run your suck.
We won't need to ride hype to the 28th. We'll probably have concrete news this week or early next. OTCIQ, attorney letter, something. Probably multiple dominoes fall.
@Chartmaster
The greatest lies are the ones we tell ourselves.
Of course they have been. And it's likely they've been deeply involved in keeping this at or near .01 longer than is normal for these stocks. When they're monetizing the shares in this unique way, they want to know exactly what it's worth when they give it out. That's who's been manipulating pps, that's who the real "whale" is: people with billions of dollars and hundreds of millions of shares. Not schlubs on iHub, regardless of how many followers they have.
They also didn't say the stock incentive was part of their forever strategy. It's a launch strategy for the early adoptees, both merchants and consumers. They already hold hundreds of millions of shares. Maybe they split every time pps hits $2. Who cares? We'll all be millionaires by then.
Chiron
Member Level
Re: None
Saturday, March 16, 2024 1:45:47 PM
Post# of 55846
Target .05 - .07
...By Thursday.
Well, let's hope anyway.
I don't....