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How well do you know these people and how much do you really trust them?
Yes...what wang has is a conglomerate for sure no questions there. But what he rolls into this shell is the real question that nobody here has the answer to.
I hope that this goes as high as the next guy but I also want to be cautious of what I'm investing in and look at all the possibilities. I have read everything on this board but I want to bring up some possible negatives as well and get a discussion going on possible bad as well
By him putting assets into this shell when there are already shareholders he is giving some of his assets away because he will no longer own 100% of it anymore. She he is essentially giving away free assets to the already 4000 shareholders. Why would he not just keep everything private and keep 100%? Put it in llc and take some of the risk off of himself? And for him to make any money he is going to have to sell his shares, and what will that do to the price?
Private and public companies can have toxic debt or debt in general. Why not roll the debt into this shell and release shares to lucky persons like yourself to help pay it off?
I would be ecstatic if that was rolled into this and the only thing that ended up rolling in but how do you know that this 2 things are going to be rolled on?
I am just trying to look at all aspects of this and most of it just doesn't make sense to me...why would he pretty much just give us millions of dollars for free? It's not like we helped raise capital for a business venture that took off. He is literally giving the shareholders here millions and millions of dollars for free and it just doesn't make sense.
Did anyone ever consider that there may be toxic debt in one or more of these companies and that he plans only roll that into this new ticker? Honestly that makes more sense then anything else that I have heard here.
Or how little they will role 8n for that matter as well. I mean honestly do you guys think that he is just going to give all the investors here billions of dollars of assets for free? Come on let's start talking realistic here. How would it benefit him to just roll billions of assets into an empty shell that already has 4000 investors that hold a huge part of this company.....there is something missing here that no of the longs want to talk about
Yea but 20% of what? That's the big question...there had been a lot posted here about the dd, 20% of what?
If anyone here thinks that 20% of everything will get rolled in they are so mislead it's sad really
The other thing here to remember to is how much is going to really get rolled into the new ticker? Imo it is not going to be as much as some people here are leading us to believe..could be a very small part of all of the DD that has be posted here. I have seen some off the wall speculation here from some people that is just crazy.
I wouldn't say that there will never be a ticker change but being up today has nothing at all to do with it. Like I said this ran up one day at the beginning of August 42% and everyone here said that it was a sign that the ticker change is coming within days and that "someone knows something". 2 months later we are in the same position. This little run is meaningless, look at when it ran to 12 cents on thin air months ago and nothing happened
Not necessarily, this ran up 42% one day in august, everyone kept saying that someone knew something and that the ticker was coming...didn't happen
I don't think this is a scam, I have no evidence either way. But I do think that there are serious problems with this merger/finra ticker change and I also think that some here just don't want to admit that. I am all about discussing and exploring the good but I also want the negatives to be talked about here without all of the "longs" being so upset by it. Again everything just doesn't seem to add up here
How can you say it was 100 percent right? The company has not released anything, so far just about everything is pure speculation
If the game was over this would not be at .03
Doesn't have to be sold to be considered dilution, weather they are sold or given away is is still dilution because the share count increases....doesn't matter how they do it it's still diluting the share structure
Nothing is free
I sure hope so the sooner the better
Doesn't sound good
Nah, I would rather not be part of an SEC investigation
The ride from 12.5 cents to 3 cents?
So you are telling me that it was never said on this board that wang had infused 25 million of his own money?
The DD had been proven? What about the supposed 25 million that wang infused that turned out to be false? That was dd done here on the board that was incorrect
So when a holding company makes a partnership they have to dilute and release more shares?
Except for the 12.5 millions shares that the last q shows
I understand that but where did the other 12.5 million shares come from? Honest question. I have been hearing for months by many on this board that there was no dilution but it appears that there is by the q
So is dilution the reason for the more outstanding shares?
The months of all of this DD are starting to not looks so good
What about the lawsuit? Do you really think that they will release the new ticker when they battling a lawsuit in court over shares?
It means absolutely nothing, it was up 40% one day last month with no ticker change
I won't be depressed, I probably own more then you do
I still have all of my shares and have been holding since april/may. I will continue to hold because I am not going to sell them for this much of a loss. At one point I was up 20k....should have sold then honestly
What happened? You were calling for 15 cents back in early june??
This was all known before June 30th so why is this not in the financials? Things are not adding up here
I never sold by the way and I'm sure I'm holding more here then you so plenty of reason to be disappointed
Where we are at now? We are down from 12 cents and most of the "longs " like myself are down thousands.
Honestly just sounds like more excuses, I think a lot of people here will be very disappointed
Maybe he lied to you
What happened with the fins? Based on the "solid dd" that had been posted here there should be other companies rolled into these fins? There should be millions and millions in revenue, what happened?
What a bunch of crap
Unfortunately I have been hearing that for months now. First is just June then July and August...now September?
It doesn't look good to me
I doubt they will release the new ticker with any kind of lawsuit pending. It will happen here eventually but I think it is further out then most think it is