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Merging Company
All, based on my research it looks like we have a THC and CBD beverage and edible company coming in. I'll work on a more detailed post.
Merging Company
All, based on my research it looks like we have a THC and CBD beverage and edible company coming in. I'll work on a more detailed post.
Here is a list of Samwell Companies. Some of these are related to Samwell Spare Parts and Samwell Aviation Limited. Maybe someone can find something I am missing here.
Go to the link then type in "samwell".
https://webb-site.com/dbpub/searchorgs.asp
My Theory On Who Is Involved
(Re-posting an old post to see if anyone can use this to find anything else. I feel confident Mr. Li is involved.)
My suspicion is a Chinese conglomerate of successful business persons who will use LBRG/Highin International as a holding company. See below.
• Mr. Alex Lee is listed as a director of the company and has been working with Mr. Frack on the merger.
o http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=SypfzLHbFA5oFhsSceVnvQ%253d%253d&nt7=0
• Samwell Spare parts is mentioned as a customer of Highin International, the company merging into LBRG. We learned that Alex Lee is associated with Samwell Spare Parts and Samwell Aviation which also share an address.
o https://www.otcmarkets.com/stock/LBRG/profile
o http://workin.hk/Job/280977.html
• Samwell Aviation and Samwell Spare Parts (as well as several other companies named Samwell share the same address for operations.
o http://hk.kompass.com/c/samwell-aviation-limited/hk043255/
o https://www.totalcredit.com.hk/public/onlinecompanysearch.asp?Country=HK&Number=HKL1714454
o http://hk.kompass.com/c/samwell-aviation-limited/hk043255/
o https://www.totalcredit.com.hk/public/onlinecompanysearch.asp?Country=HK&Number=HKL1763507
• After much research I learned that Li Jiang Nan is/was the president of Samwell Aviation. I also downloaded several corporate filings from the Hong Kong website and verified that Mr. Li Jiang Nan is a director for several companies named Samwell.
o http://hk.kompass.com/c/samwell-aviation-limited/hk043255/
o http://www.defense-aerospace.com/article-view/release/12611/eurocopter-buys-into-china-maintenance-jvc-(nov.-7).html
• My research showed that these companies all listed ROOM 503 C-D, 5/F, HARBOUR CRYSTAL CENTRE, TSIMSHATSUI EAST as the registered address. This is the address associated with Mr. Jinahui Huang on the NV SoS filing.
• Mr. Huang’s impressive bio is in the ibox.
• I found that a newly formed company, Samwell International Leasing Company Limited, with the same address of the other Samwell companies was incorporated by Glory Image International Investment Limited.
o This info is in a PDF I paid for and downloaded from http://www.cr.gov.hk/en/home/index.htm for a few dollars anyone can download them.
o I have emailed these documents to a couple of trusted posters on this board.
• Glory Image International Investment Limited is 100% owned be Lee Tai Hay.
o https://webb-site.com/dbpub/orgdata.asp?p=2570324
• Remember that Mr. Huang’s address is listed as the same address as the registered address for several of the Samwell Companies.
• Mr. Li Jiang Nan is part of an investment conglomerate. “Since 1992, he has started a Hong Kong based conglomerate group which is principally engaged in property investment, helicopter and private jet leasing with business in China and Hong Kong. Mr. Li serves as a director and a member of its senior management team of this conglomerate group and has involved in management of various projects of the group.”
o http://www.bloomberg.com/research/stocks/people/person.asp?personId=413757537&capId=30789206&previousCapId=30789206&previousTitle=Enterprise%20Development%20Holdings%20Limited
• Mr. Lee Tai Hay is also part of an investment conglomerate and my best is it is the same one as Mr Li Jiang Nan. “[H]e has engaged in real estate developments and in the business of trading in Hong Kong. Since 2006 he joined a Hong Kong based conglomerate group which is principally engaged in real estate developments, coal mining and coal trading and mining in other materials such as nickel and zinc, etc. with its businesses in Greater China, India, Australia, Brazil, Peru, South Africa, Central Africa, South East Asia, North America and Western and Eastern Europe. Mr. Lee acted as a director and a member of its senior management team of this conglomerate group and has been involved in management of these projects of the group.”
o http://www.rentiantech.com/news/ENG/Announcement/LTN201406041440.pdf
• Both Mr. Li Jiang Nan and Mr. Lee Tai Hay are very well connected and appear to be invovled in transactions worth millions of dollars.
o For example the above link shows Mr. Lee in a deal which converts to approximately $32M American dollars.
I believe that Mr. Huang Mr. Li Jiang Nan and Mr. Lee Tai Hay are all part of this conglomerate which will be using LBRG/Highin to access to American markets. Mr. Li Jiang Nan has multiple businesses registered to the same address associated with Mr. Huang on the NV SoS website.
Please feel free to use this research as a starting point and add any additional information or develop alternate theories.
Note, this post is my theory and not investment advice.
Best of luck,
Tdgnts
It looks like the Samwell companies are starting to get active.
http://hksecretaryjobs.com/1696740en
https://hk.jobsdb.com/hk/jobs/companies/samwell-spare-parts-limited/1
July is my understanding as well.
Agreed. $.50 or greater is well within the really possibilities.
pre-market asks do not mean anything. It has been .27 to .30 every morning before 8am.
Also, remember the merger with Highin has already closed. Look at the tense in the description of the website. They are working on their filings to show the complete company.
Otcmarkets was updated. Nothing major.
Looks like they updated otcmarkets though I'm not sure what the update is.
http://www.otcmarkets.com/stock/GRYEF/profile
I suspect if people "in the know" loaded it was when we were much lower.
It adds confirmation to the other biography we found of Mr. Huang, which is very impressive.
maybe there ate several highin companies
Here is an interesting find. I wonder if the merging company is really, HIGHIN INVESTMENT MANAGEMENT LTD.
https://www.linkedin.com/in/jianhui-huang-78601836/?ppe=1
It looks like they made Mr. Frack a director. In the past, he was not listed as one.
I appreciate. Hopefully we will learn more soon.
Nice to see they are renting real office space and it isn't just a virtual office. It looks like they rent some space as part of a larger suite.
http://www.regus.com/office-space/united-states/illinois/chicago/illinois-chicago-cbd-two-prudential-plaza
The site is back up. It looks the same to me.
We really haven't seen volume yet. These moves don't mean as much when $3000 is moving the stock 40%.
I do. This won't be a one day pop. I think we will see a pop then a steady move up.
I wouldn't worry about the seasonality.
haha. fair point
this stock has done nothing for two years
It is never fun to see a stock down but it is on about $2,000 of volume. People are understandably frustrated and some may be selling and locking in profits.
otcmarkets says they updated it in late April and the website is temporarily down.
We have to remember there are people who are in this from below one cent and don't call companies or review message boards. They may not be aware how close we are and locking in profits.
On another note, I have often thought people will use 10,000 share asks and some all or nine sells (so they don't show up on the L2) to mimic dilution and load shares.
I agree.
I see .055 now but it wasn't showing up before . It looks like my L2 isn't working correctly.
I see the ask as .075.
Doubt it was BMAK. Probably some retail investors who were tired of sitting on the ask.
I suspect the note was either paid off or the insiders bought the note to obtain their majority of shares. I'm not concerned about the note leading to dilution at this point.
Thanks. I am looking forward to the link.
Generally if it is AON or under 10,000 shares it does not show up.
I also spoke to James yesterday. I asked about the use of the present tense on the otcmarkets website, opposed to the future tense. He was able to confirm that everything on otcmarkets is accurate. Thus, the merger has closed. This made me much more comfortable.
500,000 share bid. Hopefully they move it up. Regardless, at .035 that is still $17,500.
bid and ask doesn't matter before 0930.