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.
Watch what? The CE that remains steadfast?
I will say this, people that weren't familiar with CE's beforehand sure are learning a lesson now.
The opinions advising to bail out immediately were correct all along.
The opinions advising to hold and it would be over super-quick were in fact quite incorrect.
10 cents would be a billion dollar market cap. No effing way multi dollars, sheesh.
Get real.
Only a totally naive investor would think that.
Chong is attempting to pull the wool over the eyes of folk that do not know better.
It's like someone has been accused of arson and they make the claim that they have proof they did not rob the house.
Chong has not been accused of trading in the stocks with his own account, but that is what he is claiming innocence of. The actual accusations are of being in consort with the people that did actually make the trades, based on his insider information. Chong has made no mention of being innocent of those issues, he is hoping folk are not smart enough to know the difference.
Knowledgeable people have read what happened in Canada and know the actual trading was done by his buddies with his inside information, and frankly it's a big red flag that he is trying this attempt at misdirection.
I love how Chong is tweeting that he provided confirmation to OTCM that he never directly traded in the tickers that got CE'd. Of course, that's not actually what he has been accused of - he has been accused of conspiring with the folk that actually did the trading.
Congratulations, David. You have proof you did not do something that you have not even been accused of. Awesome.
How about proving you did not do the stuff you have been accused of? Go on, impress us.
Unfortunately for Chong, the Canadian stuff never actually made any mention of his trading stock directly. That is not at all what he is accused of. He is instead accused of conspiring with the folk that actually made the trades.
And let's be honest here, only a fool would partake in insider trading through his own account. Waaaayyy too easy to get caught. That's why it would be done through another party, like what has occurred here.
Anyone can read the Canadian stuff for themselves, just hit up google translate if needed.
http://citoyens.soquij.qc.ca/php/decision.php?ID=267AF148A464B1A3CE3344776DD7D6DA&captchaToken=03AGdBq27DcrfD3wDOK4_TwEkOed7sPkb4xQOGpwpxBvizZ6sgyFZFYB_y7O4TWkFmOI0Bp_4TmiMIC1SH3Haagjg1Rk4DTxgeQuY0gAOMd5KPg9pDcJJqMGVHRkTuLXflwwOEJVyIMEc3sneDEac7fCfv5-Zt9luxs-s0XkvE7XL1VTTvFNVj5xyrSOusBV4NOhp2-xuBqT7KHmFmA1cf8aCu6gNXHzwofKv6lpyk41X5tnKl2K0fwT7y5dk2fTWmKkc2O0ANCj0wr53X0gm6rNhp2lH-FFs2WniYQ13Ar44u4xIFbUzJ5qRbv4I2g9BJFkp-lCQMnvjinV1gIETrlmZuqUgFvNLrhWRPZuukGCAqaNLneBMuMjiU87r4HnkcObNX8lFHunWXxK7OGZneNIQSeGhBy5nsve-5aF1mkX86vzzp6l6gFi61CGVrpN9QvLxH4Y7TSR7blmk8NNaUC3CHRwVzuCiFqtUx3O_oc8g9ptu9Kwl5Gzo8EfZRXBO1Kz1AQjDL43ru
I gotcha, I was laughing at the tweet not at you, man.
Those profile changes are almost two months old, LOL
Which one merges into which? Please explain how that whole thing will work out. With details.
Absolutely nothing wrong with that, agreed.
Just need to be cognizant of it of course.
That was the question yesterday - was news about to drop or was it just pumped on the coattails of the other ticker?
The sharp-eyed will notice there has been no ICNM news overnight as of now, 1.5 hours before market open. Take from that what you will. Maybe they're just trying to build suspense. Or maybe rumors of news are totally bogus.
This play was supposedly the #1 merger in the OTC according to influencers.
And then the other one happened and suddenly that one got the title of #1 merger in the OTC according to the same influencers.
Maybe this one will get the title back. Or maybe another one comes along in the meantime and that one suddenly becomes the #1 merger in the OTC according to influencers.
Don't you just hate when that happens?
Just kinda trailed off there.with the B. thought unfinished. Battery ran out or something? The irony.
Why do folk hate that I bring facts?
Ohhh, just have to think about it for a moment.
Twitter.com then do a cashtag ticker search, make it lower case: $icnm.
Maybe news, or maybe this was just a twitter pump taking advantage of money some folk picked up on another ticker's action.
Haven't seen the prop bid in a while, wonder where it went?
ICNM float is actually higher. https://www.otcmarkets.com/stock/ICNM/security
ICNM's AS is 20 billion, not 10.
Outstanding.
They have two different names, they have two different jobs, they have two different backgrounds and their photos are of two different individuals.
Even the twitter account that first spread the opinion they were the same person has now acquiesced to the fact that they are two different people.
I was told in this post that the twitter account was correct, https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169149856 . The tweet I had commented about has since been removed. If it was correct, why was the tweet deleted? And why is that twitter account now referring to an employee instead of the founder? I'll tell you. It's because they now realize they are two different people. And I remind you I was told previously that the account was correct. Is it suddenly incorrect now?
Tweets on the subject have now been revised to show that the new CEO's name can be associated with a Ban Choon employee and not the founder himself as had been previously reported.
There has been no dd posted that counters my post demonstrating how they are two separate people, despite claims to the contrary.
The poster has since deleted some tweets and is now referring to Ngiap as a Project Director, not the founder of Ban Choon.
Are you still claiming it's the same guy now?
He is suddenly busy deleting tweets. Gee, I wonder why.
Yes, that is Tan Chin Ngiap, his title at Ban Choon is Project Director. His job is to direct projects. Here's some stuff about him: https://techblazerawards.sg/Judges/2020-Judges/Judges-Tan-Chin-Ngiap . You will notice that there is no mention in his work history of having founded Ban Choon.. If he had you would think he would be quite proud of that and made sure it was included.
It turns out there is a reason he does not have it included - because he did not found Ban Choon.
The guy who did found it is named Tan Chin Hian. Here's some stuff about him: https://www.banchoon.com.sg/about-us . Notice it clearly spells out that he started Ban Choon and that his title is Managing Director, he runs the whole show. There is no mention of any of the IT/computer stuff that fills Ngiap's work experience. Also notice that the picture is of an entirely different person.
Project Director Ngiap works/worked somewhere underneath the big boss Managing Director Hian who started the company. But tweets out there are doing their best to convince you they are the same person because it sounds much better for the merger. Unfortunately it is entirely false.
Read my prior post and tell me where I'm wrong, https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169149311
Go ahead, explain away how even their pictures are of two different people.
Those two sources spell the name the same because they are for the same person, Ngiap.
The problem is that tweets are out there with false information claiming that he is also the guy that founded and built Ban Choon Marketing over the last 30 years. But he isn't - that's a different guy named Hian.
Just because their names have Tan Chin in common does not mean they are the same person. It's a very common name in Singapore.
How is it the same guy? They have different names, different jobs and different career histories. Plus they are two entirely different people in their pictures. Funny, that.
Chong has been implicated in insider trading in 3 of his other tickers. If he was easily proven innocent then why weren't the CE's removed when the initial 30 day periods elapsed, which they have already done?
OTC principals tend to be lying pieces of crap. That's why they're fleecing naive investors down here in the sewers and not running legit NASDAQ companies.
That's bogus DD, it's a different dude.
Too bad that's not the guy who is actually the new ICNM CEO. Oops.
Every OTC gets pumped as uplisting.
It's extremely rare to actually happen.
There seems to be some Ngiap/Hian confusion. They are two entirely separate individuals, albeit both linked to Ban Choon Marketing. The rest of their names in common is just coincidence, like a Steve Johnson and a Robert Johnson both working at the same company here in the states. Just because they're both named Johnson doesn't mean they're the same person. Go ahead, google Tan Chin Singapore. You will see it is an extremely common name there.
Hian is the guy that founded Ban Choon back in 1988 and has been running it ever since until apparently selling it just last year. He's the guy listed with the controlling shares, not Ngiap. He's the guy pictured on the Ban Choon website as the founder and has the title of "Managing Director" - the guy in charge of the whole thing. You'll notice he does not wear glasses and looks like he has a thin mustache. https://www.banchoon.com.sg/about-us . Even going back to 2011 he is pictured with no glasses and a thin mustache. https://www.asiaone.com/News/AsiaOne%2BNews/Singapore/Story/A1Story20111216-316633.html
Ngiap on the other hand does not have a mustache and does wear glasses. He is described as an IT industry veteran having held various roles in many IT organizations and has been involved in computer shows and trade associations. His title at Ban Choon is "Project Director". This is entirely different from a role of running the entire company. https://techblazerawards.sg/Judges/2020-Judges/Judges-Tan-Chin-Ngiap .
Ngiap is the name in the ICNM / Eastwin8 8-K/A, not Hian. Ngiap works at Ban Choon, but he's not the head honcho. He just happens to share a similar name which people on twitter have just ran with trying to convince folk he's something he's not.
He's an IT guy with a history in the field, but I don't see any record of experience running his own companies that are out to make profits.
Day 31 and CE is still on.
Guess what? Every opinion that it would come off at day 30 was entirely false. Make sure you note where those opinions came from so you know for the future.
He didn't say they executed, he said he was able to place them.
They can execute once market opens.
If Schwab wasn't allowing orders he wouldn't have even been able to place them whether after hours or not.
Claiming it is amazing is the pump part.
Dude was invited to speak about waste food issues and suddenly he is a major player in the trillions and zillions ICT market, that is a pump.
LOL, not for lack of trying.
Singapore Rotary Club 17 years ago, guys!!!!!!
This is actually part of the current pump, embarrassing as it is.
OTC Markets does not maintain those numbers. The little shield symbol means those numbers are maintained directly by the Transfer Agent itself. The number has never changed from 20B since July 2021.
The last filing from former management had the Common AS at 20B in the 3/31/18 Q. Frank's first filing, the 12/31/19 K, has the Common AS at 9.99B
At the SOS, Frank filed an amendment 7/28/21 for 10B AS : 9.99B Common plus 10M Preferred. This does not seem to have ever been recognized by the TA.as the number never changed at OTCM.
More recently at the SOS, Frank filed an amendment 3/29/22 which raised to 20B AS : 19.99B Common plus 10M Preferred.
Then Frank's most recent filing, the 3/31/22 Q, still has the Common AS at "9.99B as of 3/31/22". But it had been raised at the SOS two days earlier...
Frank's filings have not been audited. Is this some funny business going on? I don't know.
There have been insider trading allegations involving United States securities. Pretending there might not be an investigation ongoing just because there has been no official announcement is some serious head in the sand stuff.
The SEC never announces them. Pretend all you want that there isn't one.because one hasn't been announced but you know as well as I do that they sure as heck are looking into these things.
They didn't remove Chong for funzies. They needed to distance themselves as far as possible in the hopes of not getting also caught up.
Time will tell how it all shakes out.
The SEC doesn't reveal ongoing investigations. I know this can be easily dismissed as FUD with no evidence, but seriously, you really think they are not looking into insider trading in multiple tickers? Good luck with that.