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My personal belief is we are going to see a boom of Chinese companies coming current and heading to higher exchange's soon.
Only issue I see with JBZY is the preferred shares owned by wang. But they did go current on the SOS. I am actually excited to see how this plays out.
Cautiously optimistic but realistic based on the history of this shell.
Not saying that something is not happening here. But wishing on stars and grasping at straws is not solid financial advice.
The best thing to happen for this shell right now its for Wang to sell his shares and for the company to become current.
Pipe dreams and fantasies at this point will not move this stock. PRs, filings, DD and information will.
And its pretty sad the selling point of this dirty shell from the DOLV days is yet a final "pump and dump" or some sort of miracle SPAC deal.
The OTC has a June 30th deadline.
Yeah sometimes the MMs hide shares under the ask. Has happened to me before.
The volume certainly is interesting.
Looks like someone dumping shares
You can lead a horse to water but you can't make it drink. Once this stock goes current and works on listing on the Nasdaq it will be multi dollars. Now its the time to accumulate. This is a holding company with a CEO who owns 13 companies in China and has been in business for over 20 years. Hell they even listed the original share owners on the OTC. This is a home run. But what do i know?
Something brewing here?
You only have about a month to wait due to new OTC rules that will go into effect. Good luck to you and all. I really hope they pull a rabbit out of a hat for you on this one.
As of today.. Filings state Wang owns the preferred shares. The same guy who bilked US investors of almost a million dollars on bogus crypto tokens. This shell will take a miracle to ever give a return on investment . certain players in the PFA hoaxes should be investigated and prosecuted.
Doubtful anything happens here until Wang relinquishes his preferred shares. According to the Wyoming SOS Wang, who was arrested by Chinese authorities for fraud still controls this shell. There is no evidence that Han has anything to do with this ticker any longer. Probably a better chance of PFA coins making money at this point than this stock.
New SEC and OTC rules going into effect soon, I would suspect we will be getting some filings shortly.
Who owns the preferred stock shares?
All I know is the Wyoming SOS has been reinstated and it is not every day you come across a shell like this with its share structure and 6 members on a board of directors on the OTC.
Tongren owns many companies in China patiently waiting to see just what he will be bringing in. Hopefully answers will be coming soon.
Those of us who did they proper DD on this company over the last 3+ years have accumulated and care holding tight for dollars. Its coming.
Ready to pop! Mark it.
Float appears to be held tight here. Looked like MMS are scrambling for shares here based on the last 2 opening trades.
Something coming here...buy and hold.
Looking very thin here.
Nice bids with no sellers. Any kind of PR or filings this is going to fly.
Expecting financials and other filings within the year.
Wyoming SOS filings just dropped. Looks like go time soon!
Chart is looking textbook. Slow and steady rise on zero news or filings. If anything drops this stock goes to orbit. I think news coming soon.
I was thinking the same exact thing earlier today. Ths pot appears to be stirring. Holders will be rewarded. IMHO
I’m locked and loaded. Been holding this hidden gem for years. Just waiting for the company to take care of business on the SEC end. Positive looking movement in the last few months.
Strong close today. Looking forward to the future of this Chinese Biotech. Anything can happen. Risk, reward.
I would recommend you keep holding, as there appears to be something brewing. We’re in the 4th of the 5 years that an emerging growth company has before they need to show all their cards. Something could drop at any moment.
Yes, indeed. Shares are scarce here. Perhaps we’ll be getting news soon.
$0.30 on deck! It appears the float is locked. Sellers are out. It’s a buyer’s dream right now!
Bid is looking good. Chart is looking great. Interesting play here if we get news. Added a few shares here recently...waiting for news. This ticker with a small float could be a blockbuster.
Yup, it appears Richard is in the business of selling shell companies to Chinese investors and getting the shells cleaned up to be up-listed to a higher exchange.
Richard Oravec author of Seeking Your Fortune: Using Ipo Alternatives to Find Wealth in the U.s. Stock Markets
https://www.amazon.com/Seeking-Your-Fortune-Alternatives-Markets/dp/1508455880
After doing some DD today, it appears as though the CEO of Hong Kong Hailekang Group International Investment co., LTD, Liu Tongren, owns 13 companies in China. HLK Biotech is a HOLDING COMPANY. Based on the share structure, if Liu brings in all of his assets, this will not be just going to dollars, but multi-dollars.
Great post... it seems as though we think a lot alike. The most interesting aspect of this play is not only the share structure, but also the fact that the original shareholders want a return on their investment. AMHD filed as an emerging growth company which gives them 5 years to hide their financials. The clock is ticking, as it’s been over 3 years since the name change and reverse split.
https://www.otcmarkets.com/stock/AMHD/news/HLK-Biotec-Holding-Group-Inc-Updates-Shareholders-on-Corporate-Developments?id=184301
I would expect something to happen within the next year. Time to accumulate and wait it out.
Not to mention that the company reported its original share holders on OTC markets and these investors are looking for a return on their investment. The caveat is, these originals share holders need AMHD to be current for a year before they can sell.
https://backend.otcmarkets.com/otcapi/company/financial-report/194713/content
I would expect after owning the shell for over three years now, movement should be expected soon.