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Sorry, there, cupcake. With a ticker that has been a perpetual scam, the "proof" needed would be that this fairy tale that the mystery company created out of thin air is the multi-billion dollar Chinese company whose owners have lost their collective minds and decided to hand over the ownership to the holders of the 4B shares of stock in the O/S of this stinky pink shell company. Note that proof isn't a name on the NVSOS listing or a bunch of Chinese people listed as officers, as the folks who've run the perpetual scams on this ticker put that in. Proof isn't a bunch of comical fake "translated" cartoon videos or screenshots of Chinese social media accounts with IGPK pasted into them. Those are just a bunch of con artist hogwash fabricated up for the pump and dump.
There is zero chance that a real, thriving, multi-billion dollar Chinese company has chosen to merge into this scammy stinky pink shell to enrich a bunch of con artist pumpers who hold the 4B shares in the O/S. They didn't get to be a multi-billion dollar company by being stupid.
The tape was painted up that 10% with a $6.75 trade.
Good grief. There's nothing real about this. It's the China Hustle on the OTC, a mystery company created out of thin air with fake and fabricated connections to a Chinese company "over there" to dupe naive investors into believing a multi-billion dollar enterprise chose to merge with a perpetual scammy stinky pink shell company and hand their ownership over to the holders of the 4B shares that are issued and outstanding. It is pure scam, pure fraud, pushed by a bunch of con artists so they can flip the stock for profit.
https://en.wikipedia.org/wiki/The_China_Hustle
None of them gave themselves away to a bunch of OTC stinky pink bagholders by merging into a scam shell. And do you know why those Chinese companies choose to delist? It's because they don't want to open the books to an audit done in accordance with US Regulations....
https://www.atlanticcouncil.org/blogs/econographics/delisting-chinese-companies-from-the-new-york-stock-exchange-signs-of-decoupling/
That's hilarious, and so obviously fake. Con artist pumpers have no shame whatsover.
"Basic DD" starts with logic. There is no reason whatsoever for a multi-billion dollar company to merge into a scammy OTC stinky pink shell company with 4B shares issued and outstanding that will instantly become equity ownership in their company that they built. It ain't happening. it would be a stupid thing to do, and they didn't get to be a multi-billion dollar company by being stupid. The scammers fabricated up a new company, JFH Digital E-Commerce, out of thin air with a similar name to the multi-billion dollar company just so the con artist pumpers could run with it.
It's a scam, zero question about that. Those "Chinese" people are fakes, just like "JFH Digital E-Commerce" that appeared out of nowhere. No multi-billion dollar company merges into a scammy stinky pink shell and hands ownership over to its bagholders. That's absurd to even suggest.
All this crap is made up by con artists to dump and flip the stock.
LOL. Yeah, and she also works for incorp4less... Has to be the same person...
SMH
This is just China Hustle on the OTC, and you can bet he appreciates the con artist pumpers helping him dump his stock.
Didn't get a chance to crop this, but it's from the NVSOS site. Search on "starts with" and "JFH" then select the bogus company name for this pump and dump, hit "filing history" and then click the little camera icon for the name change. Hit "Registered Agent" and you'll see "incorp4less.com" as the domain of the agent's email, bottom right. This is a scam.
It isn’t fake, it’s a fact that you just don’t want people to know because it goes against the fairy tale you’re pushing here. The RS is still pending as mentioned in the share exchange agreement on page 26. Deal with it.
There is no section of that share exchange agreement that says anything about the common shareholders of EMGE getting anything. The only mention of those shares is on page 26 where it says in black and white the RS is pending with FINRA. You continue to post long smoke screens ignoring that fact.
They don’t give any of it away merging into a scam shell, not 49%, not any. That would be stupid. They sell it and get the capital for the business.
No, a successful private doesn't give any of its ownership up going public, it sells it. That's the whole point of going public, to sell stock and raise money for the business.
Waste of time. You and I both know that BioAmber Sarnia was liquidated and shut down. Keep watching that case all you want, it's going nowhere.
That's hilarious...
"Case opened date: 6-22-18"
I expect that plaintiff is going to be disappointed to find out their defendant is gone....
Dude, that's absurd. Why would they even put an empty subsidiary into a stinky pink scam shell? What good does would that do for them, to put a nothing company into a shell and "adopt" the holders of the 4B shares issued an outstanding? That would be a very stupid thing to do, and they're not stupid.
Oh, please. The CEO of a billion dollar Chinese company is blissfully unaware that the scammers here in the US have fabricated this little fairy tale and put their names on it. That "name change" was put in their by the registered agent who works for "incorp4less.com" Imagine that, multi-billions using "incorp4less.com," same thing for the officers names they put in there a couple months ago.
What a crock.
You are still willfully ignoring the reverse split of the common shares of EMGE that is cited on that share exchange agreement on page 26. That is "crucial insight" that you don't want anybody to know about. And, if the common shares of EMGE were being exchanged, they would have said so, directly. Instead, all they have said, directly, is the preferred shareholders get preferred shares of KOAN, and that EMGE will then become a "majority owned subsidiary," meaning KOAN will own the preferred shares of EMGE convertible into around a billion shares of common stock (and after the RS of 1:5000, KOAN will surely own the majority of EMGE...
You're painting a fairy tale to support your pump and dump. The RS is still pending, they said so in their share exchange agreement. Only preferred shareholders of EMGE get preferred shares of KOAN, they said so in their share exchange agreement. EMGE common shareholders get nothing or they would have said so, all they'll hold is a small portion of the EMGE equity after the RS is processed.
https://www.sec.gov/Archives/edgar/data/897078/000149315224007792/ex2-1.htm
And the pump and dump scam continues. That name change on the NVSOS was done by the same scammers that put all those Chinese names on the company officers list, all it takes is having the registered agent put it in, completely meaningless. Know who the registered agent is? Her email goes to domain "incorp4less.com" right there on the NVSOS page. Imagine that, an alleged multi-billion dollar corporation using "incorp4less...."
There is no multi-billion dollar company merging into a stinky pink scam shell and handing over their ownership to the bagholders of the shell's last scam. Nobody that has built a multi-billion dollar company and owns all of it is going to hand over ownership to a bunch of OTC shareholders, it would be monumentally stupid. All you have here is a mystery Chinese company mentioned in the last disclosure that the con artist pumpers have fabricated a fairy tale connection to another entity so they can flip this stock for profit. That's it. And the company has issued 1.6B brand new shares into the O/S since their last financials, the major holders who were insiders now claim not to be. The wheels come off this scam when the financials have to be published at the end of the month.
It's the China Hustle (Google it) in the OTC.
So, then, BioAmber has announced in an 8K this 2nd transaction has been "moved" after 5 1/2 years, like Verde did to their shareholders? Got a link to that 8K?
Better yet, how about a link to an 8K that mentions another transaction?
That's 2 today trading multiples of the O/S, clear computer generated wash trades, with an offering on the table.
And there you have it. Those guys employed some computer robots to was the PPS up so they could make bank.
Stop intentionally lying. The RS was properly approved and is still pending FINRA as stated in the share exchange agreement published in February. If it wasn’t, they’d have said so.
Yeah, you need to pay attention to the share exchange agreement, read it for yourself, because these pumpers won't tell you that the common shareholders of EMGE weren't even mentioned in it except for the pending RS on page 26. It's linked in this post:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174016245
Of course it is. They have to track down the culprits, of course, ie - the regulators opening an investigation.
If you think tossing the whole OS over multiple times in a day with the PPS up 500% after barely trading at all previously is real, legit, retail trading, then by all means HODL. But if you’d either like to get out or at least double your position by selling and buying back, now’s your chance.
When they turn their computers off doing the wash trading, the stock will return to its prior trading tendencies. Happens every time. Do with that what you will, but this trading today is manipulation.
It’s automatic wash trading, pure and simple. I’ve seen it on several NASDAQ low price, low float stocks, and especially after they’ve floated an offering. Don’t get trapped.
Yeah, Boom...
A $36 trade to paint the tape....
What a load of BS.
Here’s another tip: this is yet another reverse merger scam pump and dump. The fairy tale is a multi-billion dollar Chinese company is merging in and handing their ownership over to the shareholders of this perpetual scam stinky pink company. Everyone on this board knows that’s just a scam, as no legitimate company would give any ownership of their company to anyone for nothing.
Price manipulation, like this guy suggested, by a bunch of pumpers trying to get out of this POS:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173898576
Scam. China Hustle on the OTC. No multi-billion dollar company is merging into a stinky pink shell company and handing over their equity ownership to the bagholders of that shell. That would be a monumentally stupid thing to do, and they didn't get to be a multi-billion dollar company by being stupid.
This is a pump and dump and nothing more, con artist pumpers singing the fairy tale theme song in a chorus while they pick your pocket.
https://en.wikipedia.org/wiki/The_China_Hustle
They only did that so they can remain in business during the process of turning it over to their lenders. Had they filed Chapter 7, they’d be shutting down completely.
I’d say neither the pot nor the kettle have a case.
These guys sold a bunch of stock from the offering and a couple following shortly after, built up a nice pile of cash to pay themselves for a few years without having to do anything.
Oh, no, I didn’t blow it at all. This is a scam, a China Hustle pump and dump, and nothing more. The little wash trade walk up yesterday changes nothing. No multi-billion dollar company is going to merge into a stinky pink shell and hand over their ownership to its bagholders.
Surprised it got out of the $120-145 channel it seemed to be in for a long time. I'd be a nervous buyer at $190.
There’s a chance, but any buyer would have to offer more than they owe for shareholders to see any recovery, and if it was worth that, they wouldn’t be bankrupt.
That guy states things as fact that aren't. What I stated about FTD's is true, if a share isn't delivered to the buyer within 3 days, it is an FTD by definition, and those statistics are reported to and published by the SEC. You cannot hide a naked short position past the settlement date of the trade. Even if the fairy tale of "naked shorty ruining my PPS" had legs, if someone had figured out how to hide from the FTD reporting, why in the world would they choose a stinky pink sub-penny stock to do it on?