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ECXJ found the website http://ecxj.net/ Had some news out lately https://www.otcmarkets.com/stock/ECXJ/news Super low float, 18k
website http://ecxj.net/ and more info about cooperatin with Bullsone http://ecxj.net/592/0/36 (tip: use Google translate, lol)
CINV 7.00
Nice find! Looks good.
More news
Chejiangling Auto-Club Starting E-shop Plan; Mr. Shi Rudong Nominated as President of AE Business DepartmentPress Release | 03/11/2021
Chejiangling Auto-Club Starting E-shop Plan; Mr. Shi Rudong Nominated as President of AE Business Department
The Chejiangling auto-club is one of the main business models of CXJ Group Co., Ltd (hereinafter referred to as "ECXJ"). Through innovative services and high-quality products, we provide car maintenance and related value-added services for car owners. Since 2019, nearly 300 authorized stores have been set up in China.
In 2021, the board of directors of ECXJ decide to establish AE business division (Advanced ECXJ) in China market to promote investment invitation and operation of ECXJ Auto Club in China, and at the same time appoint Mr. Shi Rudong as president of AE business division.
Mr. Shi Rudong is one of the most outstanding managers in many authorized stores of Chejiangling auto clubs. Since his graduation from Shandong Agricultural University where he majored in Road and Bridge in 1997, he has participated in the world-famous large-scale construction projects such as Qinghai-Tibet railway and Beijing-Zhuhai Expressway, and grew into an A-level national registered constructor.
In 2018, Mr. Shi Rudong became the founding partner of Shandong Chejiangling Auto Clubs and personally created and operated the Yantai Chejiangling auto club. Based on the full recognition of ECXJ and his professionalism as an engineer, Yantai and Shandong auto clubs saw continued improvement in performance.
The ECXJ board of Directors believes that nomination of Mr. Shi Rudong as President of AE business division, the ECXJ Auto Club upgrade plan (E-store plan) based on the Chejiangling auto clubs will be effectively promoted. In the next three years, ECXJ Auto Club will further arrange authorized stores in Thailand, Malaysia, Cambodia, South Korea and other Southeast Asian countries.
LGCP RILY getting active today, over 1600 volume
still here
I noticed
I'm not saying you don't have knowledge (allthough sometimes it amazes me that a lot of traders have no clue what they are doing, some even don't know about the existence of OTCM). All I want to say is that you make it very personal, especially when the PPS goes down. And that making it peronal won't change anything. I my experience, a promise in the OTC doen't mean a lot. A week can be easily a month, 3 months or never. We all hope here it's the jackpot, that Laxmi is building the NYSE company he is talking about. But will he? I don't know, for now I give him the benefit of the doubt.
I understand what you are saying. I know there are CEO's that have no clue what they are doing or have to do. But I think Laxmi is very well aware of the need to file. All we can do is wait. You know as well that there are dozens of CEO's promising filings, and they never come. All I'm saying is, it's up to him now. Like you I'm cautious with my investement here, it's all about risk versus reward. It's his responsibility to deliver, but it's our responsibility to measure that risk versus reward. At least, that's how I consider investing in (most) OTC-companies.
And I know about the different reasons for suspensions. SEC doesn't look into secretary of states, company websites etc. They only are trying to make contact with the mailadress/company adress on OTCM. I think they even don't look into 8k's. Some years ago I was in a company that was delinquent and released an 8k about a new auditor. Few days later it got suspended for the usual reasons.
And yes it's my opinion. SEC wants to clean up all the mess and make the OTC a 'real' stock market. I think if they do that for dark tickers, they will do that for delinquent tickers too. In other words, for all stop signs. We'll see about that.
And I'm curious to see what happens if a current ticker is getting dark again. Will it go to the greys immediately, or after a few months? Lot will change on the OTC, that's for sure
Let me explain. The SEC wants transparancy for investors. Until now there was a policy for delinquent filers, they could all be suspended if they turned out to be 'dead' tickers. The stop sign is meant for investors, so they know if there is a risk for suspension. Now and then (mostly twice a year) the SEC had a period where they suspended quite some tickers, imo random. For non-SEC-filers there wasn't a policy at all. They could have the stop sign (which goes with the warning dark/defunct) forever without any chance of suspension. That changes now: the SEC is saying they want all companies to be current. As I said, that was always the case for SEC-filers, but not for non-SEC-filers. So the new policy is only written for the non-SEC-filers. But you can bet on it that if they are sending all non-filers to the grey market, they will do the same with the SEC-filers.
You seem to think that a new IR firm and updated website will do it all. I doubt that. I prefer a CEO who is building a business than one who is building a website. And it's funny you call yourself a shareholder. I read some posts from you where you were buying and selling. So like everyone of us here, you are a sharetrader. Nothing wrong with that, but it wouldn't be smart for a CEO to listen to people like us. We have only one interest, and that is a rising PPS, as fast and high as possible. When it reaches our goal, we sell and move on to another ticker. That said, I bought my first shares in September 2019, and always kept a core position. Why? Because I think this company is real. It's all over the Indian press and I don't belong to those who call everything fake news.
You are holding Laxmi responsible for the PPS, and when it goes down you call him a failure and tells him to resign. I'm holding him responsible for building this company and when he succeeds, the PPS will follow. Long term. Short term it will do nothing as long as the seller is there (could be the investor Laxmi is telling about, or somebody else, I don't care) . You can hire 10 IR's, building 20 websites, but as long as ALPS is around, it won't go up. ALPS is one of the worst, you can't beat him until he's done.
Then the filings. There is the comparison with suspended tickers lately. Which is nonsense. That were completely dead tickers with no management, no adress, no business. They were pumped on twitter by groups who made big money on them. SEC is always contacting the company before suspending and only if they don't get a reply they'll suspend (they use the contact info on OTCM, so there is a problem if that's not correct. For instance MGLO is a real company, but they had a typo in the mailadress. Now they corrected it, after te suspension. Too late).
With the new SEC-rules I don't think ITUP is at risk for suspensions for delinquency anymore. At least unexpected by SEC. They have to start the process of getting current before the end of June and must be current by September, otherwise they'll go to the Grey Market. I have my own deadline, if I don't see filings by then I'll sell.
Trading in OTC is extremely risky, especially in Pink stocks. Most people lose (this is an interesting read about it https://www.sec.gov/files/White_OutcomesOTCinvesting.pdf). Yes, last few months almost everything went up and the money going around in OTC was unusual. Instead of the usual 1.5 - 2.5 billion dollars a day, last weeks it was 4.5 - 5.5 billion dollars a day. No doubt it will go down again and a lot of people will lose a lot of money. If you are not willing to take that risk, you shouldn't invest in OTC. Everything can happen here, good and bad. It never stops suprising me. I'm very aware of that, so I take full responsibiity for my investements. Some work out, some don't. If I don't like a ticker anymore, I take my loss and sell.
As for ITUP, I still like my chances here. Only a few months left before they must start filing. I can wait for that. If you think Laxmi is a scammer and the filings won't come, you can better sell and move on. But I don't see the puspose of all your posts. If he is indeed a scammer, he will never deliver, whatever you say. And if indeed he is delivering, he turns out to be an honest person trying to build a great company. Then your attacks are shamefull. Unless of course you think that he delivers because of you. Hope that's not the case.
I don't mind you being critical, but stop the personal attacks. They are annoying and won't change anything. Let Laxmi do his thing. He is responsible for building the business, you/we are responsible for believing in it and taking the risk to invest.
ECXJ and South Korea BULLSONE Reach Strategic CooperationPress Release | 03/05/2021
ECXJ and South Korea BULLSONE Reach Strategic Cooperation
On February 8, 2021, CXJ Group Co Limited (hereinafter referred to as "ECXJ") and South Korea BULLSONE reached a strategic cooperation and obtained the authorization of the core strategic partner in the Chinese market. The introduction of South Korea's No.1 auto product company by Chejiangling will help Chjiangling Auto Club optimize, improve and perfect its product supply chain and authorized store service system.
After the strategic cooperation between ECXJ and BULLSONE, the two sides will form a cross-border complementary advantage, and mutually promote the rapid growth in China's automotive aftermarket. This strategic cooperation has been highly concerned by the well-known South Korean investment institution MIRAE OHSUNG group.
Did you see this? https://www.linkedin.com/in/demetriosmallios/
Ticker AACP, looks like ticker change will come
CINV starting to move a little.
Name and symbol change on DL https://otce.finra.org/otce/dailyList
I'm quite sure you need to file the last 3 years te become current as an OTC-filer, so the years before aren't necessary. SEC-filers need to file every missing year.
Annual 2019 filed on OTCM. Forgot to mention that one. Now only attorney letter left (I think, lol)
I hope it does!
Attorney letter
Congrats!
What happened is Carepay Holdings Inc moved into ADNY and then moved to NVSOS. Formation date is 02-18 and on 02-19 the company was dissolved on MT SOS. Apparently they changed name to Carepay Inc.
On 08-2020 there was a Carepay Acquisition Corp formed on MT SOS.It could be that is was for the purpose of acquiring ADNY and hence the holding: the actual Carepay Inc and Carepay Acquisition Corp. Now the acquisition is done only Capepay Inc is left.
But it ins't the Dutch Carepay. The NVSOS Crepay has VENKATESWARLU GARIKAPAT listed as president, who isn't on board of https://www.carepay.com/about
Actually, he is president of CAREPAY OPCO INC https://opencorporates.com/companies/us_nv/E0514192017-5
I don't know which company it is. I can't find a Carepay Holdings. There are more companies called Carepay. This one https://www.carepay.com/ is a Dutch company, doubt if its the right one, but of course it could.
And here is another one https://carepayco.com.au/ But none of them are Carepay Holdings Inc.
More important, Glass sold the shell: On September 23, 2020, Mr. Glass sold 58,000,000 million shares of common stock, representing approximately 96.67% of the shares he owned in the Company, and equal to approximately 60.73% of the total number of outstanding shares of the Company’s common stock, to Collingswood Capital Group
New CEO Adeeb Tadros became a director and the president of the Company on September 23, 2020. Prior to joining the Company, Mr. Tadros served as a Director of Farmosa Global, Inc. from March 2020 to October 2020 and as the managing director Scottsan International from February 2012 to March 2020. Both companies are a global professional services firms that develop and implement strategic plans and compliant corporate policies, maintain efficient communications protocols with customers and stakeholders and provide operations analysis and efficiency implementations. From June 2003 to January 2004, Mr. Tadros was employed as a Laboratory Research Consultant at the Mayo Clinic Endocrinology Laboratory in Chicago, Illinois, where he developed a new analysis test for 18-Hidroxicortisol. Mr. Tadros holds an M.D. from the American University of Antigua Medical School and a B.S. in Chemistry and Biology from the DePaul University. Mr. Tadros is fluent in English, Spanish and Arabic. The term of office of our director expires at the Company’s annual meeting of stockholders or until his successor is duly elected and qualified. Directors are not compensated for serving as such. Officers serve at the discretion of the board of directors.
News out
As EV Market Capitalization Surpasses Traditional Automakers by $100 Billion, Signet’s InCharge™ Green Energy-Source Technology Offers EV Makers the Opportunity to Reach Full Potential.
Signet’s green energy-source technology, the InCharge™, is positioned to provide electric vehicle (EV) manufacturers the power they need to realize their full potential. Especially now. With recent news that the market capitalization of EV makers is worth over $1.3 trillion in comparison to the approximate $1.2 trillion held by traditional automakers, EV manufacturers must find an alternative energy source to power their EVs. Even more remarkable is the total market share of EVs to the market capitalization. Though EVs have exceeded traditional automakers by roughly $100 billion in market capitalization, battery powered, hybrid, and plug-in hybrid EVs only represent around 3% of the total market for light vehicles. Despite this impressive accomplishment, there are many issues that need to be addressed for the successful transition to EVs to happen, none looming larger than the energy required to power them. The present alternative energy sources to provide the estimated electricity to power EVs currently does not exist, now or in the coming decades. EV makers’ reliance on lithium-ion batteries will continue to stymie their own progress and potential in the years ahead unless a shift to an alternative energy source to power their vehicles occurs. Signet’s InCharge™ energy-source technology is one such energy source that will allow EV makers to make significant progress to reach their full potential. InCharge™ does not rely on or require lithium-ion battery power. Instead, the InCharge™ generates electrical current utilizing spin polarized current, an electromotive force induced by nano-magnets. InCharge™ technology is a patented, compact and lightweight magnetic solid-state energy source with the potential to deliver significantly higher storage capacity and cycle numbers compared to available chemical-based or other advanced battery technology. For the EV market to be fully realized in the coming decades requires green energy-source technology like Signet’s InCharge™. With InCharge™ technology at hand, Signet offers the prime solution for the electric powered engine to overtake the internal combustion engine today.
http://www.signetinternationalholdings.com/news/
Nice, I'm still in
I saw it, but sold some time ago
reinstated
Palm Beach, FL February 15, 2021. - E. W. Letiziano, CEO announced that Signet International Holdings, Inc. has executed an Exclusive Distributor Agreement with Jarada, Inc. Ltd of Seoul Korea represented by Company President and Chief Engineer, Seung Hoon Lee. The Agreement appoints Jarada exclusive South Korean territorial distribution rights to all of Signet’s Graphene products that will be developed and made available for worldwide commercialization.
In the past years Jarada has established and maintained various types of industrial alliances and market contacts particularly in the Country’s aggressive auto industry and public-works municipal authorities. All sanctioned export necessities, payment terms, and conditions have been delineated in the prescribed long-term contract.
Good eye. I'm quietly buying here. It might take some time, but I think there is a plan with this one too. Sister company had a big reverse merger, waiting for filings there. Same officers and investors in this company ??