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.
Not only possible but true, since ZJMY became a Long Star shareholder on 8/16/2017.
Not seeing multitudes of thousands of sales yet, but I'm happy they have $156,000 in the second quarter. That is a significant increase over 0 revenues. It's not going to happen overnight but revenues should grow exponentially.
That may be cumulative, but the key is they are debt free from what I can tell. Unbelievable for a start up to be green this early.
Thanks. Additional paid in capital of over $23 million. Nice.
Revenues OK for a start. That should become exponential as each quarter progresses.
The first thing I did was check a separate reputable source, Riskstorm, to confirm Ken's post asserting that ZJMY was in fact a shareholder in Long Star.
Verify it with other sources. It can be done. I'm not going to. Two separate sources is enough for me.
Good to see you back.
Shares in these possibly?
Chery Cowin
Kawei Group
Brilliance Auto Group
The Wechat article stated 4 production bases. I was wondering if that refers to Long Stars' four factories or other OEMs.
The Long Star-ZJMY DD web is nearly complete.
Just waiting on the sales numbers now and confirmation of ZJMY part-ownership of Long Star Guangxi in a Quarterly Report.
I definitely agree that the revenue potential is staggering.
I also agree with one of your earlier posts that the 35.5 million (or some part of that) increase in OS could have been shares given by ZJMY to Guangxi long for the new energy vehicles Technology Co., Ltd to become almost a 40% shareholder in that Long Star company.
That could be what some of the Preferred Class E shares or other Preferred shares were used for, the part-ownership in Guangxi Long Star and hence the OS increase. We may have to wait until the 3rd Quarterly to see this. I don't mind some OS increases if they are for joint ventures.
Good posts tonight NRJ.
From Long Star site, sounds familiar.
Check out how spot on the DD was:
From Ilhabela777 on 7/7/2017 (Lucky number 7s)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=132789258
ZJMY is a major shareholder in Long Star Guangxi.
Guangxi long for the new energy vehicles Technology Co., Ltd
Ken, I confirmed your great find by checking the Long Star (Guangxi) company in Riskstorm. They have 100 million registered capital and ZJMY is indeed a shareholder. 2 independent sources should be enough for most anyone.
https://www.riskstorm.com/company/91450800MA5KCKM049
LONGS DD CONFIRMED AGAIN!!!!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133418280
Verification that ZJMY has ownership in Long Star as we hypothesized long ago.
Thanks. This is another important post.
Thanks as always for your top-notch posts and work. Thanks Mako.
I'll have to revert back to my previous speculation.
4 Production Bases
1. Chery
2. Long Star
3. Kawei Group
4. Brilliance Auto.
Shareholder Letter had this caveat.
Thanks. Easy to see the purple EV and V3 SUV in the video as first shown by Kenimous with authentic pictures of the Expo.
AS was updated to 1.99 billion on 8/29/2017.
I have not seen any updates on OS. Hopefully the increase in AS is for Preferred shares that can be used for acquisitions.
I'm not going to call. I'll just wait until the OS is updated on OTCmarkets or they post a quarterly report.
The fact that the annual list of directors and AS have been altered recently shows TRKG has a pulse.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134320725
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134349457
Thanks Hawk. I'm sold on this RM , just waiting for a PR.
Meanwhile HD International Group Holdings is marketing and selling air purifiers in just one of their many subsidiaries.
I'm sure he would love to post a PR assuaging investor's concerns and to avoid the endless array of investor questions, but he can't unless the company gives him the green light.
Many posters seem to think RO works for us. No, he works and gets paid by the company not us. He works in the investors' behalf but not for them directly. Unless investors employ RO directly, he will not post PRs on their whims and timelines.
Very simple. This is how it works in essence.
IR: "Hey boss, I think we should post a PR, investors need info."
Boss: "No, not yet".
Thanks. Jinbo Group interviewed by Tencent, China Network and Zibo TV.
The NOS Sticker may just be for decor since we've seen it for awhile.
It is a possibility that they're using the SUV with the Cowin symbol to draw people in since the Cowin symbol is more recognizable than the Z. Once they draw people in then the company can explain the whole OEM Production Model with Chery Cowin, Long Star and potentially other manufacturers (Ka Wei, Brilliance Auto).
Anyone notice the V3 says "NOS Motorsports Inter..[national]" on the hood? ZJMY may be getting paid to advertise at the advertising festival. Brilliant.
Thanks Ken.
Location is key in advertising. Looks like JB&ZJMY got a premier spot, front and center! Right below the giant globe and pillars. Nice!
I doubt the 56 million increase to OS over the last few months has anything to do with the 54,450,000 shares that are being sued over.
OS Increases in 2017
1st Quarter - 78 million shares to Anying Huang.
2nd Quarter - 19.5 million shares: destination unknown
3rd Quarter - 36.5 million shares: destination unknown
The 2nd quarterly report should clear up the 19.5 million increase to OS. We may have to wait for the 3rd Quarterly to clear up the 36.5 million.
Good point though. Once the 54 million 450 thousand shares are retired, it will almost completely nullify the 56 million increase to OS in the last 2 quarters.
Good point. We can't prove for sure it still isn't hanging around.
We will be fine either way though.
IMO company information, PRs, low-speed sales, the 2nd Quarterly Report and news have been building behind the dam for months now getting ready to burst the dam and flood.
Good analysis. I believe you are probably right.
Thanks for looking into that in more detail. I have not researched Stein's convertible note in depth.
Anying Huang has 78 million shares as has been stated.
The 78 million shares given to Anying Huang accounts for the OS increase at that time. Since then, we saw another 19.5 million increase (perhaps related to Employee shares and warrants: 10 million shares each one with an attached warrant = 20 million shares total possible), and another 36 million OS increase the other day, which could be for another director. The 78 million shares to Anying Huang is fact, the other about 56 million increase to OS is the question.
From 2017 1st Quarterly Report:
Anying Huang" has picked up 78 MILLION SHARES
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=132633516
Bobdude
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=132630820
TRKG amended its AS from 425 million to near 2 billion on 8/29/2017.
I would think that is where the share structure needs to be for the Reverse Merger (RM) acquiree (HD-International Holdings Group). Just as Tracking has assimilated HD-International Holdings Group's board of directors (for the most part), they have assimilated their AS structure as well.
I think H-D INTERNATIONAL HOLDINGS GROUP (USA) was formed on 10/27/2016 to reverse merge into The Tracking Corp instead of merging the China company directly into TRKG. It is my understanding that this is typically done by foreign reverse merger companies to avoid be doubly taxed (as would happen if the Chinese company merged directly).
H-D International Holdings Group is incorporated in the US but not publicly traded. That is why they need to reverse merge into The Tracking Corp, hence the Alternative Public Offering (APO).
All IMO.
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=g%252f5FZgWzYBaxXJ576nx44w%253d%253d&CorpName=THE+TRACKING+CORPORATION
If FINRA deems the corporate actions deficient, they have to provide written notice to the requesting party (company) and give them a chance to appeal.
If that happens and the company's appeal doesn't work (or if they don't appeal), the company would have to disclose a FINRA denial(deficiency determination) to the shareholders at some point IMO, like in a PR.
Name and ticker changes can and have taken longer than ZJMY's is taking. Yes, there have been hiccups involving FINRA requests for more information, but I think it will happen. I am not worried at all. Either way ZJMY is still currently selling low-speed EVs.
FINRA MANUAL
Thanks for the well written informative posts.
It's always good to put the faces with the names.
SharkStocks informed me that He and Mako are working on the translation of the ZJMY Wechat article and will provide the translation as soon as possible.
Shark is limited to one public post per day.
Thanks for that research. SF. I like it.
SF is big into Ecommerce, so is Jinbo...hmmm.
The pot of potential partnerships and possible OEMs continues to thicken.
If only a tenth of these models from the Wechat article come to fruition with eventual sales, we are still going to dollars.
From the article you posted.
http://www.scmp.com/business/companies/article/1952179/chinese-courier-sf-express-list-shenzhen-exchange-likely-hk513b
It sure looks that way to me. Especially with the 750MPV model that seems to match a Brilliance Auto Group model.
Brilliance is a higher end Auto maker in China as I understand.
See the pics right by each other. It sure looks like the Wechat article has the Brilliance 750 model.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134322085
I get the uneasiness with the Z symbol put over the other OEM models for illustrative purposes. It doesn't worry me. If a company photo-shopped their emblem over other companies' models without permission it would be a huge lawsuit and people would go to jail. That's why I'm confident that these strategic partnerships are in place with JB&ZJMY and they have approval from Chery, Long Star, Ka Wei, and now Brilliance Auto Group to use pics of their models for illustrative and promotional purposes.
Zjmy888.com has the Chery V3 with the Chery symbol and the Long Star V9 with the Long Star symbol. ZJMY is not going to risk lawsuits with major manufacturers. The partnerships are in place.
Brilliance Auto Group as an OEM for JB&ZJMY?
JB&ZJMY OEMS (potential)
1 - Chery
2 - Long Star
3 - Ka Wei
4 - Brilliance Auto Group
http://en.jinbei.com/BRILLIANCE/index.htm
The 750 MPV model is a model of Brilliance Auto. The longer van and some of the other vans appear to be Brilliance Auto Group Models.
Brilliance Auto Group has the following brands:
JINBEI
BRILLIANCE
HUASONG
Brilliance Auto Group has a partnership with BMW Group and have just built a new factory.
Really??? Here is the letter gift-wrapped with other related pertinent info. Decide for yourself.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133819526
Thanks for the info. IMO the air purification products appear to be of good quality. Their sales will be interesting when they come out.
The models shake out as follows IMO:
OEM Production Model
Various manufacturers will be making the EV bodies and frames for JB&ZJMY. Long Star makes a V3 jeep and a V9 SUV (low speeds).
Chery (Kay Wing Division)
V3 SUV - High-speed EV (this is the Taxi too)
Bus
Long Star (all low speeds)
V5 (Chery also has a V5 model)
Cheetah (including Cheetah police EVs)
V3 Jeep
V9 SUV
Sight-seeing tourist vehicle
China Post freight truck (possibly)
Ke Wei
High speed EV- unknown model
Possibly smaller bus
Hmmm. Thanks for the clarification?
I was waiting objectively for some good answers to my questions and some supporting evidence.
Sorry, but I have to side with the rest of the longs on this one. I really don't see this going into Trips by Friday. I can't seem to pick out any paid promoters from the posts provided. I haven't seen promotions from the company this week. All I saw were pics I've seen before during earlier DD and some new pics of the ZJMY advertising inside the train cars which was mentioned by many articles.
Again, no pump or dump.
Who are the promoters?
What have been the promotions?
I must have missed it.
Why has your tune changed? Just wondering.
I sure hope they reverse merge into TRKG, because that's what we're invested in.
If they bypass the OTC with a S-1 registration, then where would Tracking come into play?
An APO is a reverse merger with a simultaneous PIPE. My understanding is HD International Holdings Group is merging into The Tracking Corporation to become a US publicly traded company, which will serve as a stepping stone to list to an exchange like NASDAQ.
If the company skips the OTC and lists straight to NASDAQ it's called an IPO. That's not the case here as we are supposedly an APO.
An APO uses the reverse merger as the vehicle for the private company to become public by essentially filling the shell of the public company with assets, business and a new board of directors from the private company (which BOD we have already seen).
An APO still takes several months to take effect. They will need to do a SEC registration, like the Form 10 and supply 2-3 years of financials as I remember. During this process, HD International will be trading in Tracking's shoes.
If they want a new name and ticker, they will need to meet FINRA'S requests which would almost certainly include being current, since RM companies are highly scrutinized. I don't believe that would require all the filings missed over the years, but it could. FINRA is fickle and unpredictable on what info they will require.
I expect a new name and ticker in association with the reverse merger so HD International isn't under the Tracking company name. HD International Holdings Group has put in too much time, effort and money in building their name recognition. They won't use "The Tracking Corporation".
Once the name and ticker changes and any other corporate actions related to the reverse merger are complete, they will release the 8K (Super 8K) and complete the Form 10 registration. They will release a PR at this point as well.
From wiki:
Good point. A few million in volume would get TRKG moving, whether a few whales or group of tuna it wouldn't matter.
An official APO announcement would bring a pod of whales for sure.
I like the smaller OS. It's always better to have a smaller OS and float for rapid PPS movement, not like the companies that have a OS that could fill a container ship with the mega float to match.
I would also suspect quarterly filings to get TRKG current with Pink Disclosure Guidelines, probably just before the company releases a PR.
Until then, TRKG will continue to drift like other pennies in the OTC ocean, sometimes bobbing up and down with small price fluctuations, IMO.
Once TRKG becomes current and releases a PR with material events, the whales will circle and send a tidal wave of trading volume and we will see a dime plus at that time.
At that point, if an APO is "officially" announced by the company, then the PPS would rocket. All IMO.
Keep your eyes on the horizon for Quarterly Reports and a PR.