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People think it's a scam because the previous mgmt has a shady history. People get burned by OTC stocks all of the time and I'm not surprised if people are being cautious.
Chasing is never good, but the pumpers will love that you bought their shares lol
Amazon benefitted from Covid, the last couple of years have been up and down for them, especially with TEMU coming on. TEMU themselves have been losing millions trying to under price everyone. I recently read an article about India which is another large heavily populated country with several e-commerce companies, they are all losing money. Walmart has struggled with their e-commerce side of things. I'm sure if I researched more I would find much of the same with the rest of the world. The thing is there's a lot more competition out there than there used to be, it's now going to be about who can survive imo
Hopefully we will get some financials soon and get a better idea of what we own. I guess I've been trading OTC stocks for so long that I'm always on the cautious side of things.
I just know there are a lot of e-commerce companies out there now and even though their sales look good they are losing billions trying to keep their prices lower than their competition.
Giving shares as rebates? Wouldn't that be dilution if those are new shares issued?
First of all that's revenues in yuan not dollars and second a company can have a lot of revenues but it doesn't mean much if they aren't profitable, we need to find out if they are even profitable. It's very possible they are going public because they need cash, if that's the case expect a reverse split and dilution in the future. We need to see filings to get an understanding of the real situation here.
OTCN a known dilutive MM is now on the ask smh
Yeah it's strange we haven't heard anything directly from JFH yet and the merger was completed months ago.
This trades so thin...good luck getting shares when news drops.
I hope they update the filings before this goes to the expert market, they are running out of time.
Yeah it's strange that we are getting updates from the previous management, JFH should be the ones making public statements if they are actually the new owners of the stock.
I will admit I found this strange...
You are the only scam here
Let's go...time to get this moving, should get news anytime now.
They took it down on low volume to shake shares, typical OTC BS.
Well there's your dip flippers smh
That process started weeks ago though so updates can happen any time now.
We all know you are flipping this and that's why your posts can't be trusted.
Don't feed the bidders, sell at the ask if you need to sell, it benefits you and everyone else.
Anyone selling to this flipper is a fool smh
The chart looks great to me, it's just waiting on news.
https://schrts.co/txqcMeFs
Love the consolidation we are seeing here, shares have been moving to stronger hands.
It's so comical to see you calling someone a liar lol
🤦 always trying to spin everything into something negative lol...he would have sold in the run up and when there was more volume to sell into if he were looking to sell already imo
Nice purchase....
You're missing some filings...here you go.
https://www.otcmarkets.com/stock/IGPK/disclosure
China shuts down for a couple weeks every year for their New Year, there was a message from JFH earlier this week stating they were back to work and working on getting filings completed.
No scams talk and pump about mergers, but this one is completed and it's even stated so in a filing. A SEC filing is a legal document, I don't think these guys want to go to jail.
Scams don't post filings discussing the completion of the merger and update the Nevada SOS with the new officers.
I just hope when news drops it comes during non trading hours so all of these folks attacking the stock and sitting on the sidelines have to chase.
Flippers have no shame, they will do and say anything to get their bids filled.
There was a 4M ask a few minutes ago also, a couple people are messing with it.
LOL at the large asks...someone is desperate to hold this down imo
Thin ask...good luck getting shares when it starts moving.
We all know when news drops it's going to run, but if people want to fall for fear tactics and sell I will be happy to load their shares.
I suggest everyone block this person, all he does is post lies.
There hasn't been any diluting.
I'm sure he'll be back once he gets out of iHub jail, I wouldn't be surprised if he got put there defending this board.
Nice...thanks :)